KM Projects
ActiveKM Projects has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €-8k. Equity is growing by ~48.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
20
/ 100
Critical▼ -43 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-61
Solvency18▼-55
Growth85=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 0.99 in 2023), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.1%
Return on assets
-7.3%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
30 d late
2022
30 d late
2021
12 d early
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€187k▲ 2.3%
2022 · €183k
2020: €102k
2021: €142k
2022: €183k
2020 → 2023
EBIT margin
6.4%▼ 3.1pp
2022 · 9.5%
2020: -4.9%
2021: 18.2%
2022: 9.5%
2020 → 2023
Net result
€-8k
2023 · €5k
2018: €-33k
2019: €14k
2020: €-7k
2021: €24k
2022: €8k
2023: €5k
2018 → 2024
Working capital
€-4k▼ 3,311%
2023 · €-121
2018: €-21k
2019: €-6k
2020: €-20k
2021: €4k
2022: €13k
2023: €-121
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€102k-€142k▲ 39.8%€183k▲ 28.6%€187k▲ 2.3%
Equity€-16k-€8k€16k▲ 97.4%€21k▲ 33.2%€13k▼ 37.7%
Operating result€-5k-€26k€17k▼ 33.4%€12k▼ 30.9%€-2k
Net result€-7k-€24k€8k▼ 68.3%€5k▼ 32.6%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€36k▲ 72.9%
Current assets
€71k▲ 240%
Equity and liabilities €107k
Equity
€13k▼ 37.7%
Debt
€94k▲ 349%
The debt ratio rises from 50.2% to 87.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€11k▼
2023 · €17k
Cash flow
€5k▼
2023 · €10k
Solvency
12.1%▼
2023 · 49.8%
Current ratio
0.94▼
2023 · 0.99
Quick ratio
0.94▼
2023 · 0.99
Debt / equity
7.24▲
2023 · 1.01
ROE
-60.4%▼
2023 · 24.9%
ROA
-7.3%▼
2023 · 12.4%
Interest coverage
2.06▼
2023 · 5.39
Debt
€94k▲
2023 · €21k
Debt ≤ 1 year
€75k▲
2023 · €21k
Debt > 1 year
€19k
Income taxes
€333▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€42k€107k▲
Fixed assets21/28€21k€36k▲
Tangible fixed assets22/27€20k€35k▲
Furniture and vehicles24€20k€35k▲
Financial fixed assets28€1k€1k=
Current assets29/58€21k€71k▲
Amounts receivable within one year40/41€15k€15k▼
Trade receivables40€858€438▼
Other amounts receivable41€14k€15k▲
Cash at bank and in hand54/58€4k€55k▲
Deferred charges and accrued income490/1€1k€986▼
Equity and liabilities
Total equity and liabilities10/49€42k€107k▲
Equity10/15€21k€13k▼
Contributions10/11€20k€20k=
Reserves13€388€388=
Distributable reserves133€388€388=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€21k€94k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€21k€75k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€2k€46k▲
Suppliers440/4€2k€46k▲
Taxes, remuneration and social security45€14k€333▼
Taxes450/3€14k€333▼
Other amounts payable47/48€5k€23k▲
Accrued charges and deferred income492/3-€15
Income statement
Code20232024
Turnover70€187k-
Goods, raw materials, services and sundry goods60/61€163k-
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€24k€16k▼
Operating profit (loss)9901€12k€-2k▼
Financial income75/76B€205€0▼
Recurring financial income75€205€0▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€9k€-7k▼
Income taxes67/77€4k€333▼
Profit (loss) for the period9904€5k€-8k▼
Profit (loss) for the period to be appropriated9905€5k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€388€-8k▼
Profit (loss) brought forward from the previous period14P€-5k-
Transfer from equity791/2€2k-
Transfer to equity691/2€2k-
To contributions691€2k-
To other reserves6921€388-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 1.46
Current ratio from 0.16 to 1.46; short-term debt falls from €23k to €10k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
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.
Willebeeklaan 282180 AntwerpenGround area
190 m²
Building footprint
77 m²
Volume, LiDAR
512 m³
Parcel 11363E0083/00B006, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALGEMENE BOUWWERKEN MAZUR
since 20122.213.811.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0083/00B006 | Flanders | 190 m² | 1 · 77 m² | 8.8 m · 3 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.
Similar companies · same sector, comparable size
BEJIMA PROJECT
BE 0792.505.737
Anderlecht · Eq €13k
EL MARINO
BE 0449.949.346
Aalst · Eq €13k
STELLINI
BE 1004.062.836
Kampenhout · Eq €13k
Daniel Benjamin
BE 0740.459.891
Antwerpen · Eq €13k
ELEGA CONSTRUCTION
BE 0781.793.373
Sint-Niklaas · Eq €13k
Of 7,247 companies in sector 43350 we hold annual accounts for 2,333. 1,534 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2012
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.