Equity
€5,000 from €88,506 in 2024
Equity fell by 94% in 1 year.
KVK-Projects
Lifetime
7 annual accounts with figures on one time axispeak €79,676 (2025)
€79,676▲ 56.1%
lowest -€1,962 (2019)
€58,168▲ 89.2%
peak €88,506 (2024)
€5,000▼ 94.4%
€220,629▲ 214%
Board1 name since 2018
-
Documentsfilings and deeds
29-04-202693 days before the deadline
2025micro format
Gross margin from €51,040 to €79,676Result from €30,747 to €58,168Dividend €141,673Equity from €88,506 to €5,000Debts from €70,212 to €220,629Cash from €24,526 to €166,287
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€220,629 98% of the balance sheet
Suppliers 1%Taxes and wages 10%Other 90%
Of this, €220,575 falls due within a year.
Liquidity
0.99 was 2.11 in 2024
Short-term debts rose from €70,109 to €220,575.
Filings
7 annual accounts 1 late
The 2019 accounts came 178 days late. The other six were filed on time.
Position in the sector
€58,168
Higher net result than 84% of companies in real estate. Sector median €5,994 · 17,181 companies.
Checked score
91
Excellent
Financially stronger than 43% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €5,000 (2.2% of total assets)
lowers risk
Liquidity: current ratio 0.99, cash €166,287
Sector: Real estate activities (NACE 68)
Size: total assets €225,629
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 68, micro). It does better than 22% of them on solvency, 49% on liquidity, 95% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as KVK-Projects has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of KVK-Projects itself is lower: 0.1% within 12 months. It rests on far more data about KVK-Projects than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for KVK-Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17190 sector peers (2025).
NBB · sector comparisonPosition among 17190 sector peers
Solvency
better than 23%
← weakest
strongest →
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 29-04-2026, 93 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
93 days early
2024
31 days early
2023
32 days early
2022
29 days early
2021
11 days early
2020
8 days early
2019
178 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0700191827
Capital decrease of €13,600 to €5,000
Capital from €18,600 to €5,000 · Appointment: VanKerckhoveKoen (director) · General meeting of 14-11-2023 · Gazette deed
Registered-office move
Director in office: KoenVanKerckhove (manager) · Gazette deed
First establishment
Paardenstraat 32, Destelbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KVK-Projects Destelbergen | €225,629 | €79,676 | 2.2% | - |
| NYLCO PROJECTS Sint-Lievens-Houtem | €257,561 | €67,372 | 33.5% | - |
| REAL-X Sint-Niklaas | €195,696 | €70,926 | 78.5% | - |
| URBAN DEVELOPMENT & ENVIRONMENTAL ASSESSMENT Sint-Niklaas | €280,098 | €101,305 | 87.4% | - |
| Yves Projects Aalst | €208,891 | €130,814 | 40.7% | - |
| DOMUVA CONSTRUCT Deinze | €276,982 | €53,939 | -1.2% | 0.5 |
| V&B Brecht | €247,857 | €75,697 | 52.5% | - |
These companies have the same main activity as KVK-Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €196,000 and €280,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 17-07-2018Normal situation
- Activity
- Development of residential building projectsNACE 68121and 10 others
- Establishment unit
- 2.282.414.3549070 Destelbergen, since 01-12-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2025
Annual accounts 2025
- €225,629▲ 42.2%
- Filing
- Filed on 29-04-2026, 93 days before the end of the filing period
Insights on KVK-Projects
KVK-Projects files the micro format. That format states no turnover. The gross margin rose from -€1,962 in 2019 to €79,676 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KVK-Projects
- What is the company number of KVK-Projects?
- The company number of KVK-Projects is 0700.191.827. The VAT number is the same number with BE in front: BE 0700.191.827.
- Where is KVK-Projects based?
- The registered office is at Paardenstraat 32, 9070 Destelbergen.Company details
- What does KVK-Projects do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of KVK-Projects?
- KVK-Projects is a private limited company (BV).
- When was KVK-Projects founded?
- KVK-Projects was founded on 17-07-2018.
- Is KVK-Projects still active?
- Yes, KVK-Projects is an active enterprise in the KBO register.
- What is the turnover of KVK-Projects?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €79,676 and 48 comparable companies (NACE 681). It probably lies between €110,000 and €490,000.Financials
- Is KVK-Projects profitable?
- In financial year 2025, KVK-Projects made a profit of €58,168.
- Where can I find the annual accounts of KVK-Projects?
- KVK-Projects filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KVK-Projects due?
- KVK-Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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