KMK Project
ActiveSummary
The computed 12-month bankruptcy probability of KMK Project is 3.0% (moderate). The 2025 annual accounts show equity of €20,508 and a net result of -€1,972. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 28281 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,739 | €22,200 | €20,811 | ▼ 6.3% |
| Other operating charges640/8 | €1,895 | €1,576 | €1,623 | ▲ 3.0% |
| Gross operating margin9900 | €37,220 | €27,007 | €22,344 | ▼ 17.3% |
| Operating profit (loss)9901 | €18,586 | €3,231 | -€90 | ▼ 103% |
| Financial income75/76B | - | - | €230 | - |
| Recurring financial income75 | - | - | €230 | - |
| Financial charges65/66B | €977 | €955 | €586 | ▼ 38.6% |
| Recurring financial charges65 | €977 | €955 | €586 | ▼ 38.6% |
| Profit (loss) for the period before taxes9903 | €17,609 | €2,276 | -€446 | ▼ 120% |
| Income taxes67/77 | €5,515 | €1,891 | €1,526 | ▼ 19.3% |
| Profit (loss) for the period9904 | €12,094 | €385 | -€1,972 | ▼ 612% |
| Profit (loss) for the period to be appropriated9905 | €12,094 | €385 | -€1,972 | ▼ 612% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €64,759 | €39,098 | €35,073 | ▼ 10.3% |
| Fixed assets21/28 | €47,197 | €26,141 | €5,867 | ▼ 77.6% |
| Tangible fixed assets22/27 | €47,197 | €26,141 | €5,867 | ▼ 77.6% |
| Plant, machinery and equipment23 | €2,797 | €1,683 | €1,075 | ▼ 36.1% |
| Furniture and vehicles24 | €44,400 | €24,458 | €4,792 | ▼ 80.4% |
| Current assets29/58 | €17,562 | €12,956 | €29,206 | ▲ 125% |
| Amounts receivable within one year40/41 | €733 | €7,606 | €21,734 | ▲ 186% |
| Trade receivables40 | - | €7,606 | €12,500 | ▲ 64.3% |
| Other amounts receivable41 | €733 | - | €9,234 | - |
| Cash at bank and in hand54/58 | €15,339 | €873 | €5,434 | ▲ 522% |
| Deferred charges and accrued income490/1 | €1,490 | €4,477 | €2,038 | ▼ 54.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €64,759 | €39,098 | €35,073 | ▼ 10.3% |
| Equity10/15 | €22,094 | €22,480 | €20,508 | ▼ 8.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €12,094 | €12,480 | €10,508 | ▼ 15.8% |
| Amounts payable17/49 | €42,664 | €16,618 | €14,565 | ▼ 12.4% |
| Amounts payable after more than one year17 | €6,844 | €2,284 | - | - |
| Financial debts170/4 | €6,844 | €2,284 | - | - |
| Amounts payable within one year42/48 | €35,821 | €14,334 | €14,565 | ▲ 1.6% |
| Current portion of amounts payable after more than one year42 | €4,560 | €4,748 | €2,409 | ▼ 49.3% |
| Trade debts44 | €16,392 | €1,654 | €4,066 | ▲ 146% |
| Suppliers440/4 | €16,392 | €1,654 | €4,066 | ▲ 146% |
| Advances received on contracts in progress46 | - | - | €530 | - |
| Taxes, remuneration and social security45 | €5,515 | €1,932 | €1,560 | ▼ 19.3% |
| Taxes450/3 | €5,515 | €1,932 | €1,560 | ▼ 19.3% |
| Other amounts payable47/48 | €9,354 | €6,000 | €6,000 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,094 | €385 | -€1,972 | ▼ 612% |
| + Depreciation and write-downs630 | €16,739 | €22,200 | €20,811 | ▼ 6.3% |
| Operating cash flow (approximation) | €28,833 | €22,586 | €18,839 | ▼ 16.6% |
| Investment in fixed assets (approximation) | - | -€1,145 | -€536 | ▲ 53.1% |
| Change in cash | - | -€14,466 | €4,560 | ▲ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050F0135/00A018 | Flanders | 728 m² | 1 · 200 m² | 15.2 m · 4 fl. |
| 23050F0135/00L012 | Flanders | 274 m² | 1 · 100 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.