KV PROJECTS
ActiveThe computed 12-month bankruptcy probability of KV PROJECTS is 3.2% (moderate). The 2025 annual accounts show negative equity (€-65k) and a net result of €-55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 10331 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-14
Solvency6▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.99 in 2024; short-term debt: 118.8% and cash: 30.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
-18.8%
Return on assets
-15.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-65k
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 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
on the day
2022
4 d late
2021
12 d late
2020
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-65k▼ 554%
2024 · €-10k
2020: €14k
2021: €33k
2022: €15k
2023: €24k
2024: €-10k
2020 → 2025
Total assets
€346k▼ 57.4%
2024 · €812k
2020: €71k
2021: €670k
2022: €967k
2023: €975k
2024: €812k
2020 → 2025
Net result
€-55k▼ 64.0%
2024 · €-34k
2020: €4k
2021: €19k
2022: €-19k
2023: €9k
2024: €-34k
2020 → 2025
Working capital
€-71k▼ 618%
2024 · €-10k
2020: €15k
2021: €30k
2022: €27k
2023: €38k
2024: €-10k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€15k▼ 56.0%€24k▲ 61.9%€-10k€-65k▼ 554%
Operating result€35k-€11k▼ 68.5%€52k▲ 371%€-79€-36k▼ 45,419%
Net result€19k-€-19k€9k€-34k€-55k▼ 64.0%
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 stays negative: a loss of €36k in 2025 against €79 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346k
Fixed assets
€6k▲ 6.7%
Current assets
€340k▼ 57.9%
Key figures and ratios
EBITDA
€-34k▼
2024 · €1k
Cash flow
€-53k▼
2024 · €-32k
Solvency
-18.8%▼
2024 · -1.2%
Current ratio
0.83▼
2024 · 0.99
Quick ratio
0.29▼
2024 · 0.56
Debt / equity
-6.32▲
2024 · -82.66
ROA
-15.9%▼
2024 · -4.1%
Interest coverage
-1.77▼
2024 · 0.04
Debt
€411k▼
2024 · €822k
Debt ≤ 1 year
€411k▼
2024 · €816k
Income taxes
€141▲
2024 · €61
Staff costs
€42k▼
2024 · €64k
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€812k€346k▼
Fixed assets21/28€6k€6k▲
Tangible fixed assets22/27€6k€6k▲
Plant, machinery and equipment23€6k€6k▲
Current assets29/58€806k€340k▼
Stocks and contracts in progress3€350k€219k▼
Stocks30/36€350k€219k▼
Amounts receivable within one year40/41€446k€10k▼
Trade receivables40€445k€7k▼
Other amounts receivable41€105€3k▲
Cash at bank and in hand54/58€7k€106k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€812k€346k▼
Equity10/15€-10k€-65k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-20k€-75k▼
Amounts payable17/49€822k€411k▼
Amounts payable within one year42/48€816k€411k▼
Financial debts43€446k€117k▼
Credit institutions430/8€446k€117k▼
Trade debts44€32k€17k▼
Suppliers440/4€32k€17k▼
Taxes, remuneration and social security45€22k€10k▼
Taxes450/3€13k€8k▼
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48€315k€266k▼
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Remuneration, social security and pensions62€64k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€15k€17k▲
Gross operating margin9900€81k€24k▼
Operating profit (loss)9901€-79€-36k▼
Financial income75/76B€7€401▲
Recurring financial income75€7€401▲
Financial charges65/66B€33k€19k▼
Recurring financial charges65€33k€19k▼
Profit (loss) for the period before taxes9903€-34k€-55k▼
Income taxes67/77€61€141▲
Profit (loss) for the period9904€-34k€-55k▼
Profit (loss) for the period to be appropriated9905€-34k€-55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-75k▼
Profit (loss) brought forward from the previous period14P€14k€-20k▼
Social balance
Average headcount (FTE)90871.71.0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2020net €19k ▲402%
Net result €19k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Boutersem · 2 establishment units since 2020
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.
Nachtegaalstraat 243370 BoutersemGround area
9,832 m²
Building footprint
235 m²
Volume, LiDAR
1,505 m³
2 parcels, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
KV PROJECTS
since 20202.298.449.543
KV PROJECTS
since 20252.380.047.527
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24016A0013/00B002 | Flanders | 9,721 m² | 1 · 121 m² | 6.8 m · 2 fl. |
| 24593G0047/00A000 | Flanders | 111 m² | 1 · 114 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0675.785.439
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REDSTORM
BE 1031.967.261
Dinant · Eq €24k
Business by KL
BE 0800.249.505
Beauraing · Eq €24k
Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2020
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
68110Buying and selling of own real estate
46472Wholesale trade
46650Wholesale trade
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.kv-projects.be
Phone:+32477322956