Financials
Financial year 2025
KM PROJECTS from Wachtebeke, company number BE0724815177, closed financial year 2025 with a result of € 13,936 after tax. For that financial year KM PROJECTS recorded a gross margin of € 127,822 and equity of € 32,536. Compared with financial year 2024, the result moved from € 15,433 to € 13,936. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 32,536
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,936
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 48,014
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13,936.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 76,893
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 46,890
▲ 120% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,912
▲ 96% vs 2024
€ 10,396 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 9,928
▲ € 8,402 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,525
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,725 | € 19,244 | € 27,749 | € 127,822 | ▲ € 100,072 |
| Profit after taxes | € 905 | € 10,883 | € 15,433 | € 13,936 | ▼ 10% |
| Equity | € 13,348 | € 24,231 | € 39,665 | € 32,536 | ▼ 18% |
| Total debts | € 13,716 | € 16,368 | € 34,974 | € 76,446 | ▲ 119% |
| Cash | € 15,530 | € 30,005 | € 29,978 | € 48,014 | ▲ 60% |
| Retained profit | € -5,252 | € 5,631 | € 21,065 | € 13,936 | ▼ 34% |
| Bank debt | € 7,344 | € 3,851 | € 21,402 | € 41,912 | ▲ 96% |
| Balance sheet total | € 27,064 | € 40,599 | € 74,639 | € 108,982 | ▲ 46% |
Key figures of KM PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to KM PROJECTS?
What happened at KM PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,936 (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Wachtebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 905 profit in 2022 to € 13,936 profit in 2025.
Paid € 17,521 in corporate taxes since 2022.
Best year ever: 2024, with € 15,433 profit.
Management
Behind KM PROJECTS is Kenneth MARTENS.
Directors
According to the 2025 annual accounts
Kenneth MARTENS
Director
Establishments
Establishment units
Physical locations of this company
Kleistraat 1 box a
9185 Wachtebeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0724.815.177
- VAT number
- BE 0724.815.177
- Registered office
- Kleistraat 1 bus a, 9185 Wachtebeke
- Names & denominations
- KM PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2019
- Peppol
- Active · Active since 3 Jan 2026
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