K&H Projects
ActiveThe computed 12-month bankruptcy probability of K&H Projects is 1.6% (moderate). The 2025 annual accounts show equity of €111k and a net result of €97k. Equity is growing by ~55.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 7376 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.53 in 2024; short-term debt: 42.7% and cash: 4.6% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
57.3%
Return on assets
50.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
42 d early
2023
36 d late
2022
40 d early
2021
39 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 696%
2024 · €14k
2019: €8k
2020: €11k
2021: €19k
2022: €31k
2023: €7k
2024: €14k
2019 → 2025
Total assets
€194k▲ 591%
2024 · €28k
2019: €18k
2020: €23k
2021: €32k
2022: €42k
2023: €10k
2024: €28k
2019 → 2025
Net result
€97k▲ 1,285%
2024 · €7k
2019: €2k
2020: €3k
2021: €8k
2022: €12k
2023: €-25k
2024: €7k
2019 → 2025
Working capital
€99k▲ 1,222%
2024 · €7k
2019: €8k
2020: €5k
2021: €13k
2022: €23k
2023: €198
2024: €7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€31k▲ 64.2%€7k▼ 77.9%€14k▲ 101%€111k▲ 696%
Operating result€11k-€17k▲ 53.9%€-24k€7k€124k▲ 1,774%
Net result€8k-€12k▲ 52.6%€-25k€7k€97k▲ 1,285%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,774% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€12k▲ 87.3%
Current assets
€182k▲ 742%
Equity and liabilities €194k
Equity
€111k▲ 696%
Debt
€83k▲ 487%
The debt ratio falls from 50.3% to 42.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▲
2024 · €9k
Cash flow
€101k▲
2024 · €9k
Solvency
57.3%▲
2024 · 49.7%
Current ratio
2.19▲
2024 · 1.53
Quick ratio
2.07▲
2024 · 1.53
Debt / equity
0.75▼
2024 · 1.01
ROE
87.4%▲
2024 · 50.2%
ROA
50.1%▲
2024 · 25.0%
Interest coverage
45.23▲
2024 · 20.75
Debt
€83k▲
2024 · €14k
Debt ≤ 1 year
€83k▲
2024 · €14k
Income taxes
€25k
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€28k€194k▲
Fixed assets21/28€6k€12k▲
Tangible fixed assets22/27€6k€12k▲
Plant, machinery and equipment23€3k€8k▲
Furniture and vehicles24€3k€4k▲
Financial fixed assets28€300€600▲
Current assets29/58€22k€182k▲
Stocks and contracts in progress3-€10k
Contracts in progress37-€10k
Amounts receivable within one year40/41€21k€162k▲
Trade receivables40€13k€98k▲
Other amounts receivable41€8k€64k▲
Cash at bank and in hand54/58€124€9k▲
Deferred charges and accrued income490/1-€864
Equity and liabilities
Total equity and liabilities10/49€28k€194k▲
Equity10/15€14k€111k▲
Contributions10/11€6k€6k=
Reserves13€8k€104k▲
Non-distributable reserves130/1€85-
Reserves not available under the articles1311€85-
Distributable reserves133€8k€104k▲
Profit (loss) carried forward14€162€774▲
Amounts payable17/49€14k€83k▲
Amounts payable within one year42/48€14k€83k▲
Trade debts44€11k€57k▲
Suppliers440/4€11k€57k▲
Taxes, remuneration and social security45€3k€26k▲
Taxes450/3€3k€26k▲
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€428-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€575
Gross operating margin9900€12k€134k▲
Operating profit (loss)9901€7k€124k▲
Financial income75/76B€787€341▼
Recurring financial income75€787€341▼
Financial charges65/66B€423€3k▲
Recurring financial charges65€423€3k▲
Profit (loss) for the period before taxes9903€7k€122k▲
Income taxes67/77-€25k
Profit (loss) for the period9904€7k€97k▲
Profit (loss) for the period to be appropriated9905€7k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€97k▲
Profit (loss) brought forward from the previous period14P€655€162▼
Transfer to equity691/2€8k€96k▲
To other reserves6921€8k€96k▲
The notes to these accounts (8 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €97k ▲1285%
Operating result €124k, net result €97k, both a record.
30-06
Financial
Equity above €100kEq €111k ▲696%
2 profitable years in a row build equity to €111k.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
30-06
Financial
Weakest financial yearnet €-25k ▼299%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Harelbeke · 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.
Arendsstraat 1098530 HarelbekeGround area
348 m²
Building footprint
106 m²
Volume, LiDAR
526 m³
Parcel 34323D1525/00Y000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K&H Projects
since 20182.282.612.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1525/00Y000 | Flanders | 348 m² | 1 · 106 m² | 9.6 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.
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
VALERI CONSTRUCT
BE 0692.537.735
Ganshoren · Eq €111k
THIBAT
BE 0779.544.953
Waremme · Eq €111k
EULOCASA
BE 0692.873.869
Frameries · Eq €111k
TREGADATA
BE 0871.827.882
Overijse · Eq €111k
K-Line
BE 0731.621.708
Antwerpen · Eq €111k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2018
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.