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KOLG Projects

Active
Private limited company·Activiteiten van reclamebureaus· 2 yrs active
Ijzerweglaan 10 ·9050 Gent, Belgium
KBO/BCE: BE 1002.654.752
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Age2 yrs
Real estate1 parcel · 3,151 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KOLG Projects is 1.4% (low). The 2024 annual accounts show equity of €38k and a net result of €34k. Its solvency ranks better than 58% of 2542 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 02-10-2025 63 d late 2025-00528955

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.4% Low
0%0,5%1,5%4%10%≥25%
Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€34k
Working capital€38k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 02-10-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 63.3% 56.2%
better than 58% of 2542 sector peers
Net result €34k €19k
better than 65% of 2544 sector peers
Equity €38k €43k
better than 46% of 2542 sector peers
Gross operating margin €46k €37k
better than 57% of 2541 sector peers
Total assets €60k €93k
better than 34% of 2544 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€34k
Cash flow-
Staff costs-
Income taxes€9k
Dividends-
Total assets€60k
Equity€38k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€38k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.72
Quick ratio2.72
Working capital ratio63.3%
Solvency63.3%
Debt / equity0.58
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA56.6%
ROE89.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€60k
Current assets 29/58€60k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€49k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€60k
Equity 10/15€38k
Contributions / capital 10/11€4k
Accumulated profits (losses) 14€34k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€46k
Operating result 9901€46k
Financial income 75€182
Financial charges 65€3k
Result before taxes 9903€43k
Income taxes 67/77€9k
Net result for the period 9904€34k
Result to be appropriated 9905€34k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
85 / 100 Excellent
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Ijzerweglaan 109050 Gent

Establishment units

1 location
Ijzerweglaan 10, 9050 Gent
Algemene bouw van residentiële gebouwen
since 20232.354.755.073
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,151 m²
Buildings1
Building footprint602 m²
Volume (LiDAR)23,412 m³
Tallest building40.9 m · ±13 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0450/00C002 Flanders 3,151 m² 1 · 602 m² 40.9 m · 13 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health85Profitability100Solvency99Growth-Stability67
88 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 85
Profitability 100
Solvency 99
Growth -
Stability 67

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 839 of the 9,837 companies in this sector. 692 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Reclamebureaus73110Activiteiten van reclamebureaus73110Webportalen63120Activiteiten van webportalen63910Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Mediarepresentatie73120Mediarepresentatie73120Markt- en opinieonderzoekbureaus73200Markt- en opinieonderzoek73200Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameNL KOLG Projects
Registered office
Ijzerweglaan 10
9050 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.