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KLEWARE PROJECTS

Active
Private limited companyfounded 1994active for 31 yearsDries 68, 3380 Glabbeek, BelgiumKBO/BCE: BE 0454.102.926
Summary

KLEWARE PROJECTS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,171 and a net result of €45,632. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 66% of 22,382 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail sale of information and communication equipment
NACE 47400
5th oldest company in Glabbeek, Wholesale and retail trade sector1 site
Size
€100,772total assets 2025
Equity
€52,171
Profit
€45,632
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 27 days late
Why 98raises riskLatest accounts 27 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.05, cash €74,533Equity €52,171 (51.8% of total assets)Founded in 1994Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 77+43
equity 51.8% of total assets
Liquidity 77+27
short-term debt 46.8% · cash 74.0%
Profitability 100+91
return on assets 45.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,225 companies, NACE 47, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.3 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.0%▼ -0.2 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.05, compared with 1.05 in 2024, above the usual 1.5; short-term debt: 46.8% and cash: 74% of total assets), and 48.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 66% on solvency, 82% on liquidity, 96% on profitability and 99% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.05, cash €74,533
NBB · annual accounts
raises risk · Latest accounts 27 days late; 1 of the last 3 late
NBB · filings
lowers risk · Equity €52,171 (51.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €52,171
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
30 days late
2023
31 days late
2022
49 days late
2021
40 days early
2020
11 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €45,632
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Back in profit in 2025after -€5,323 in 2024 €45,632 View
  • Positive: Among the best 14% on net resultsector median €5,095 · 22,363 companies €45,632 View
  • Active since 1994founded 16-12-1994 31 years View

By topic

Financials

Financial year
2025
Total assets
€100,772
Profit
€45,632
Solvency
51.8%
Total assets▲ 44.8%
Net result
20182025
Go to Financials

Timeline

Events
36
Since
1996
Next accounts
by 31-07-2027
  1. 31-08-2024Annual accounts filed
  2. 18-04-2024Appointment: Johan Klewais (director)
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of information and communication equipmentNACE 47400
Founded
16-12-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Who signs
Each director alone
Purpose
“Het verlenen van diensten en het geven van adviezen in verband met software en hardware…” (deed in Dutch)
Go to Articles of association

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