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KV PROJECTS

Active
Private limited companyfounded 2020active for 6 yearsNachtegaalstraat 24, 3370 Boutersem, BelgiumKBO/BCE: BE 0741.731.185
Summary

The computed 12-month bankruptcy probability of KV PROJECTS is 2.5% (moderate). The 2025 annual accounts show negative equity (-€65,002) and a net result of -€55,061. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 12,781 sector peers (NACE 47, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-01-2020 Normal situation
Activity
Retail sale of information and communication equipment NACE 47400and 3 others
Establishment units
2.298.449.543 3370 Boutersem, since 17-01-2020
2.380.047.527 3300 Tienen, since 01-12-2025
Financial year end
31 December
Peppol
Reachable since 11-02-2025

Board and ownership

Board
  • KUSTERMANS VincentDirector

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Gross margin
€24,483
▼ 69.9%
Turnover
≈ €170,000
estimated
Loss
€55,061
▲ 64.0%
Equity
-€65,002
▼ 554%
Total assets
€345,561
▼ 57.4%
Employees on 31-12-2025
1
▼ 50.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€65,002Loss of €55,061, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 0.83, cash €106,275Size: 1 FTE, total assets €345,561Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 6-18
equity -18.8% of total assets
Liquidity 38+37
short-term debt 118.8% · cash 30.8%
Profitability 0-14
return on assets -15.9%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024lowest value 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.2 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 2.1%▲ +0.9 percentage points vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.4%▲ +0.3 percentage points vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.5%▲ +0.1 percentage points vs 02-2026 04-2026: 2.7%▲ +0.2 percentage points vs 03-2026 05-2026: 2.6%▼ -0.1 percentage points vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026 07-2026: 2.8%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 2.5%▼ -0.3 percentage points vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026 11-2026: 2.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (0.99 in 2024), below 1. Short-term debt is 118.8% and cash 30.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 14% of them on solvency, 36% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€65,002
NBB · annual accounts
raises risk · Loss of €55,061, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.83, cash €106,275
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €345,561
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€65,002
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 days early
2024
on the day
2023
on the day
2022
4 days late
2021
12 days late
2020
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was 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 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€65,002 View
  • Caution: Equity fell in 2025from -€9,941 to -€65,002 ▼ 554% View
  • Caution: Less equity than 92% of companies in retail tradesector median €236,595 · 12,791 companies -€65,002 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€55,061 View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as KV PROJECTS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €153,000 and €721,000, founded between 2015 and 2020.

CompanyTotal assetsGross margin
KV PROJECTS Boutersem€345,561€24,483
FRAEYE HARDWARE GROUP Oudenaarde€638,199€30,005
NESTOYA Sint-Pieters-Woluwe€153,046€55,616
Louwi Baco Lummen€152,739€46,812
TELEPRINCE LIEGE Liège€228,095€15,098
DUYCK FINANCE Sprimont€720,730€25,379
GDJ TECHNICS Pelt€335,859€26,325
Full comparison

Key facts about KV PROJECTS

What is the company number of KV PROJECTS?
The company number of KV PROJECTS is 0741.731.185. The VAT number is the same number with BE in front: BE 0741.731.185.
Where is KV PROJECTS based?
The registered office is at Nachtegaalstraat 24, 3370 Boutersem.Company details
What does KV PROJECTS do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of KV PROJECTS?
The legal form of KV PROJECTS is Private limited company (BV).
When was KV PROJECTS founded?
KV PROJECTS was founded on 17-01-2020.
Is KV PROJECTS still active?
Yes, KV PROJECTS is an active enterprise in the KBO register.
How many employees does KV PROJECTS have?
KV PROJECTS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KV PROJECTS?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €24,483 and 51 comparable companies (NACE 47400). It probably lies between €97,000 and €300,000. It is a rough estimate.
Is KV PROJECTS profitable?
In financial year 2025, KV PROJECTS made a loss of €55,061.
Where can I find the annual accounts of KV PROJECTS?
KV PROJECTS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KV PROJECTS due?
KV PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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