KM PROJECTS

Active

Private limited companyfounded 20197 yrs activeKleistraat 1, 9185 Wachtebeke, BelgiumKBO/BCE: BE 0724.815.177

The computed 12-month bankruptcy probability of KM PROJECTS is 2.2% (moderate). The 2025 annual accounts show equity of €33k and a net result of €14k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 31% of 27711 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

64 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability84▼-11

Solvency55▼-23

Growth78=

Track record100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.37 against 2.83 in 2024; short-term debt: 40.4% and cash: 44.1% of total assets), and 70.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

on the day

2024

2 d early

2023

6 d late

2022

3 d late

2021

1 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close22-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€33k▼ 18.0%

2024 · €40k

2021: €12k 2022: €13k 2023: €24k 2024: €40k

2021 → 2025

Total assets

€109k▲ 46.0%

2024 · €75k

2021: €27k 2022: €27k 2023: €41k 2024: €75k

2021 → 2025

Net result

€14k▼ 9.7%

2024 · €15k

2021: €-6k 2022: €905 2023: €11k 2024: €15k

2021 → 2025

Working capital

€16k▼ 50.4%

2024 · €33k

2021: €8k 2022: €9k 2023: €18k 2024: €33k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€12k-€13k▲ 7.3%€24k▲ 81.5%€40k▲ 63.7%€33k▼ 18.0%

Operating result€-5k-€2k€15k▲ 534%€23k▲ 58.0%€29k▲ 24.8%

Net result€-6k-€905€11k▲ 1,102%€15k▲ 41.8%€14k▼ 9.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 25% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €109k

44.6%

55.4%

Fixed assets €49k▲ 106%

Current assets €60k▲ 18.4%

Equity and liabilities €109k

29.9%

70.1%

Equity €33k▼ 18.0%

Debt €76k▲ 119%

The debt ratio rises from 46.9% to 70.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▲

2024 · €27k

Cash flow

€27k▲

2024 · €19k

Solvency

29.9%▼

2024 · 53.1%

Current ratio

1.37▼

2024 · 2.83

Quick ratio

1.37▼

2024 · 2.83

Debt / equity

2.35▲

2024 · 0.88

ROE

42.8%▲

2024 · 38.9%

ROA

12.8%▼

2024 · 20.7%

Interest coverage

5.93▼

2024 · 7.70

Debt

€76k▲

2024 · €35k

Debt ≤ 1 year

€44k▲

2024 · €18k

Debt > 1 year

€32k▲

2024 · €17k

Income taxes

€8k▲

2024 · €4k

Staff costs

€77k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€75k€109k▲

Fixed assets21/28€24k€49k▲

Tangible fixed assets22/27€24k€49k▲

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€21k€47k▲

Current assets29/58€51k€60k▲

Amounts receivable within one year40/41€16k€3k▼

Trade receivables40€16k€1k▼

Other amounts receivable41€538€2k▲

Cash at bank and in hand54/58€30k€48k▲

Deferred charges and accrued income490/1€5k€9k▲

Equity and liabilities

Total equity and liabilities10/49€75k€109k▲

Equity10/15€40k€33k▼

Contributions10/11€19k€19k=

Profit (loss) carried forward14€21k€14k▼

Amounts payable17/49€35k€76k▲

Amounts payable after more than one year17€17k€32k▲

Financial debts170/4€17k€32k▲

Amounts payable within one year42/48€18k€44k▲

Current portion of amounts payable after more than one year42€4k€10k▲

Trade debts44€2k€10k▲

Suppliers440/4€2k€10k▲

Taxes, remuneration and social security45€7k€6k▼

Taxes450/3€4k€6k▲

Remuneration and social security454/9€3k-

Other amounts payable47/48€5k€18k▲

Accrued charges and deferred income492/3-€919

Income statement Code20242025

Non-recurring operating income76A€6k-

Remuneration, social security and pensions62-€77k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€13k▲

Other operating charges640/8€381€9k▲

Gross operating margin9900€28k€128k▲

Operating profit (loss)9901€23k€29k▲

Financial income75/76B-€3

Recurring financial income75-€3

Financial charges65/66B€4k€7k▲

Recurring financial charges65€4k€7k▲

Profit (loss) for the period before taxes9903€20k€22k▲

Income taxes67/77€4k€8k▲

Profit (loss) for the period9904€15k€14k▼

Profit (loss) for the period to be appropriated9905€15k€14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€21k€14k▼

Profit (loss) brought forward from the previous period14P€6k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-10-2026

2025

31-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

29-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

31-03

Financial Highest result since 2021net €15k ▲41.8%

Net result €15k, the highest in the series.

2023

06-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 6 days late

2022

03-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 3 days late

31-03

Financial Back to profitnet €905

Net result €905 after one loss-making year.

2021

01-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 1 day late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Wachtebeke · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kleistraat 19185 Wachtebeke

Ground area

591 m²

Building footprint

105 m²

Volume, LiDAR

403 m³

Parcel 44073A0212/00W002, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

KM PROJECTS

Kleistraat 1, 9185 WachtebekeManufacture of rubber and plastic products

since 20192.288.722.126

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44073A0212/00W002	Flanders	591 m²	1 · 105 m²	6.5 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,099 EUR awarded · 2,099 EUR paid

Year	Entries	awarded	paid
2024	1	2,099 EUR	2,099 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 2,099 EUR · 2,099 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

OHANA LS

BE 0803.887.993

Sint-Pieters-Woluwe · Eq €33k

DANNY PLATTI WONINGDECORATIE

Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,248 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-04-2019

Fiscal year end31-03

Activities, NACEBEL

43341Painting of buildings

43211General electrical installation work

43310Plastering work

43331Floor and wall tiling

47527Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.