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KZN Projects

Active
Private limited companyfounded 2025active for 1 yearSchatting 20 unit C, 8210 Zedelgem, BelgiumKBO/BCE: BE 1023.983.666
Summary

KZN Projects has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,649 and a net result of €10,649. Its solvency ranks better than 20% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 04-06-2025 Normal situation
Activity
Roofing work NACE 43410
Establishment unit
2.374.672.737 8210 Zedelgem, since 04-06-2025
Financial year end
31 December
Peppol
Reachable since 06-06-2025

Board and ownership

Board
Shareholders
  • BOYEN,Florian Maxim Valentinusdeed of 06-06-2025
  • LOWYCK,Jesse Serge Lindadeed of 06-06-2025

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€10,679
Turnover
≈ €120,000
estimated
Profit
€10,649
Equity
€15,649
Total assets
€85,575
Score breakdownraises riskFounded in 2025Equity €15,649 (18.3% of total assets)Size: total assets €85,575lowers riskLiquidity: current ratio 1.92, cash €39,953Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 43
equity 18.3% of total assets
Liquidity 76
short-term debt 48.3% · cash 46.7%
Profitability 84
return on assets 12.4%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 07-2026: 1.9%highest value 08-2026: 0.7%▼ -1.2 percentage points vs 07-2026lowest value 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92, above the usual 1.5. Short-term debt is 48.3% and cash 46.7% of total assets. However, 81.7% of the assets are financed with debt and provisions.
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 43, micro). It does better than 20% of them on solvency, 74% on liquidity and 67% on profitability.

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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.92, cash €39,953
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €15,649 (18.3% of total assets)
NBB · annual accounts
raises risk · Size: total assets €85,575
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 34972 sector peers (2025).
NBB · sector comparison
Position among 34972 sector peers
Solvency
better than 20%
← 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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationFounders: BOYEN, Florian Maxim Valentinus; LOWYCK, Jesse Serge Linda · 1,200 shares · Appointments: BV JESSE LOWYCK (director) and BV Floria Services (director)
All 2 events

Comparable companies

These companies have the same main activity as KZN Projects: roofing work (NACE 43410). They are comparable in size and age: total assets between €48,700 and €104,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
KZN Projects Zedelgem€85,575€10,679
ArCo Berlaar€79,806€8,933
Dercon Algemene Dak- en Timmerwerken Herentals€104,252€13,420
SeCra Construct Haacht€68,148€10,468
KRIGERTTOIR COMPANY Torhout€48,654€14,271
Alba-mj Construction Kortrijk€71,998€6,835
WH CONSTRUCT Kraainem€75,793€12,167
Full comparison

Key facts about KZN Projects

What is the company number of KZN Projects?
The company number of KZN Projects is 1023.983.666. The VAT number is the same number with BE in front: BE 1023.983.666.
Where is KZN Projects based?
The registered office is at Schatting 20 unit C, 8210 Zedelgem.Company details
What does KZN Projects do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of KZN Projects?
KZN Projects is a private limited company (BV).
When was KZN Projects founded?
KZN Projects was founded on 04-06-2025.
Is KZN Projects still active?
Yes, KZN Projects is an active enterprise in the KBO register.
What is the turnover of KZN Projects?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €10,679 and 31 comparable companies (NACE 43410). It probably lies between €70,000 and €200,000. It is a rough estimate.Financials
Is KZN Projects profitable?
In financial year 2025, KZN Projects made a profit of €10,649.
Where can I find the annual accounts of KZN Projects?
KZN Projects filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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