KVK-Projects
ActiveSummary
KVK-Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €58k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency27▼-54
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.2%
Return on assets
25.8%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 14079 sector peers (2025).
NBB · sector comparisonPosition among 14079 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 d early
2024
31 d early
2023
32 d early
2022
29 d early
2021
11 d early
2020
8 d early
2019
178 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 94.4%
2024 · €89k
2019: €10k
2020: €26k
2021: €48k
2022: €74k
2023: €58k
2024: €89k
2019 → 2025
Total assets
€226k▲ 42.2%
2024 · €159k
2019: €10k
2020: €42k
2021: €89k
2022: €117k
2023: €143k
2024: €159k
2019 → 2025
Net result
€58k▲ 89.2%
2024 · €31k
2019: €-2k
2020: €15k
2021: €22k
2022: €27k
2023: €37k
2024: €31k
2019 → 2025
Working capital
€-3k
2024 · €78k
2020: €18k
2021: €32k
2022: €51k
2023: €35k
2024: €78k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€74k▲ 55.2%€58k▼ 22.5%€89k▲ 53.2%€5k▼ 94.4%
Operating result€29k-€35k▲ 20.5%€45k▲ 29.6%€38k▼ 16.9%€73k▲ 95.3%
Net result€22k-€27k▲ 23.8%€37k▲ 34.3%€31k▼ 16.2%€58k▲ 89.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€8k ▼ 25.5%
Current assets
€218k ▲ 47.1%
Equity and liabilities €226k
Equity
€5k ▼ 94.4%
Debt
€221k ▲ 214%
Debt's share of the balance-sheet total rises from 44.2% to 97.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€78k▲
2024 · €50k
Cash flow
€63k▲
2024 · €43k
Current ratio
0.99▼
2024 · 2.11
Debt to equity
44.13▲
2024 · 0.79
ROA
25.8%▲
2024 · 19.4%
Interest coverage
112.29▼
2024 · 202.81
Debt ≤ 1 year
€221k▲
2024 · €70k
Income taxes
€18k▲
2024 · €9k
A ratio outside any meaningful range has been withheld (balance sheet total €226k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€159k€226k▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€872€0▼
Furniture and vehicles24€10k€8k▼
Current assets29/58€148k€218k▲
Amounts receivable within one year40/41€123k€47k▼
Trade receivables40€12k€38k▲
Other amounts receivable41€111k€9k▼
Cash at bank and in hand54/58€25k€166k▲
Deferred charges and accrued income490/1€70€4k▲
Equity and liabilities
Total equity and liabilities10/49€159k€226k▲
Equity10/15€89k€5k▼
Contributions10/11€5k€5k=
Reserves13€84k€0▼
Distributable reserves133€84k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70k€221k▲
Amounts payable within one year42/48€70k€221k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€11k€21k▲
Taxes450/3€11k€21k▲
Other amounts payable47/48€56k€198k▲
Accrued charges and deferred income492/3€102€53▼
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€5k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€51k€80k▲
Operating profit (loss)9901€38k€73k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€246€696▲
Recurring financial charges65€246€696▲
Profit (loss) for the period before taxes9903€40k€76k▲
Income taxes67/77€9k€18k▲
Profit (loss) for the period9904€31k€58k▲
Profit (loss) for the period to be appropriated9905€31k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€58k▼
Profit (loss) brought forward from the previous period14P€37k€0▼
Transfer from equity791/2€0€84k▲
Transfer to equity691/2€67k€0▼
To other reserves6921€67k€0▼
Profit to be distributed694/7€0€142k▲
Return on contributions (dividend)694€0€142k▲
The notes to these accounts (9 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €58k ▲89.2%
Operating result €73k, net result €58k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 178 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Destelbergen · 1 establishment unit since 2018
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.
Paardenstraat 329070 DestelbergenGround area
1,257 m²
Building footprint
132 m²
Volume, LiDAR
894 m³
Parcel 44333H0134/00N000, Flanders · tallest building 18.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KVK-Projects
since 20182.282.414.354
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44333H0134/00N000 | Flanders | 1,257 m² | 1 · 131 m² | 18.0 m · 2 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
VAL CLAIR IMMOBILIER
BE 0694.771.507
Rixensart · Eq €5,000
CONDOR PROJECTS
BE 0739.555.219
Mechelen · Eq €5,000
ANRA Construct
BE 0770.499.308
Anzegem · Eq €4,994
Reality Estates
BE 1009.577.879
Antwerpen · Eq €5,014
TNC Projects
BE 0627.964.835
Beersel · Eq €5,018
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 2,229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
31001Manufacture of furniture
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
43990Other specialised construction activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.