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PROJECTONTWIKKELING KORTRIJK

Active
Public limited companyfounded 1965active for 61 yearsNachtegaalweg(Odk) 30, 8670 Koksijde, BelgiumKBO/BCE: BE 0405.500.085
Summary

PROJECTONTWIKKELING KORTRIJK has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€21,216) and a net result of €714, of which €6,175 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 12% of 9,647 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

Source: KBO
Status
Active since 11-09-1965 Normal situation
Activity
Real estate agency activities NACE 68310and 1 other
Establishment unit
2.103.585.154 8670 Koksijde, since 28-09-1965
Financial year end
31 December
Peppol
Reachable since 29-06-2026

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2024
Gross margin
€26,787
▼ 39.6%
Turnover
≈ €60,000
estimated
Profit
€714
▼ 96.9%
Equity
-€21,216
▲ 3.3%
Total assets
€775,924
▲ 5.7%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2024 (filed on 08-10-2025)Liquidity: current ratio 0.85, cash €11,0641 financial year not filed after the legal deadline; last filed accounts filed 64 days late; 1 of the last 3 accounts latelowers riskSize: total assets €775,924Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 22=
equity -2.7% of total assets
Liquidity 2=
short-term debt 102.0% · cash 1.4%
Profitability 30-21
return on assets 0.1%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.7%lowest value 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.3 percentage points vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.7%▲ +0.3 percentage points vs 08-2025 10-2025: 2.3%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 1.4%▼ -0.9 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.3%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%▲ +0.1 percentage points vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026 05-2026: 1.4%▲ +0.1 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.2 percentage points vs 06-2026 08-2026: 1.8%▲ +0.2 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 1.5%▼ -0.6 percentage points vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.85 (0.83 in 2023), below 1. Short-term debt is 102% and cash 1.4% 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 68, micro). It does better than 17% of them on solvency, 5% on liquidity, 26% on profitability and 55% on growth.

The bankruptcy probability was computed on 03-11-2026 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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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 08-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.85, cash €11,064
NBB · annual accounts
lowers risk · Size: total assets €775,924
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 · 1 financial year not filed after the legal deadline; last filed accounts filed 64 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9647 sector peers (2024).
NBB · sector comparison
Position among 9647 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
64 days late
2023
131 days early
2022
126 days early
2021
124 days early
2020
135 days early
2019
130 days early
← 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 97 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 (1)
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 2024 -€21,216 View
  • Positive: Oldest company in Koksijde, Real estate sectorin the Checked rankings No. 1 View

Recent changes

  1. · Gazette deed Registered office moved within KoksijdeNew seat: 8670 Koksijde(Oostduinkerke), Nachtegaalweg 30 · Previous seat: 8670 Koksijde, Zeelaan 8 bus 101
  2. · Gazette deed Change of role: Christophe VANDENBERGHE, from director and managing director to sole directorResignation: Frederick VANDENBERGHE (director)
All 14 events

Comparable companies

These companies have the same main activity as PROJECTONTWIKKELING KORTRIJK: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €574,000 and €1.6m, founded between 1975 and 1993.

CompanyTotal assetsGross margin
PROJECTONTWIKKELING KORTRIJK Koksijde€0.8m€0.03m
BUREAU EBEN SYNDIC D'IMMEUBLE Neupré€0.6m€0.02m
AGENTUUR PHILIPS Koksijde€1.6m€0.03m
Eurimas Nieuwpoort€0.6m€0.06m
DIETERINVEST Bonheiden€1.3m€0.03m
FRALCO Halle€0.9m€0.02m
LUCAN Wielsbeke€1.6m€0.03m
Full comparison

Key facts about PROJECTONTWIKKELING KORTRIJK

What is the company number of PROJECTONTWIKKELING KORTRIJK?
The company number of PROJECTONTWIKKELING KORTRIJK is 0405.500.085. The VAT number is the same number with BE in front: BE 0405.500.085.
Where is PROJECTONTWIKKELING KORTRIJK based?
The registered office is at Nachtegaalweg(Odk) 30, 8670 Koksijde.Company details
What does PROJECTONTWIKKELING KORTRIJK do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of PROJECTONTWIKKELING KORTRIJK?
The legal form of PROJECTONTWIKKELING KORTRIJK is Public limited company (NV).
When was PROJECTONTWIKKELING KORTRIJK founded?
PROJECTONTWIKKELING KORTRIJK was founded on 11-09-1965.
Is PROJECTONTWIKKELING KORTRIJK still active?
Yes, PROJECTONTWIKKELING KORTRIJK is an active enterprise in the KBO register.
What is the turnover of PROJECTONTWIKKELING KORTRIJK?
The turnover in financial year 2024 is ≈ €60,000. This figure is estimated from the gross margin of €26,787 and 33 comparable companies (NACE 683). It probably lies between €41,000 and €99,000.Financials
Is PROJECTONTWIKKELING KORTRIJK profitable?
In financial year 2024, PROJECTONTWIKKELING KORTRIJK made a profit of €714.
Where can I find the annual accounts of PROJECTONTWIKKELING KORTRIJK?
PROJECTONTWIKKELING KORTRIJK filed 55 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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