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89

Active
Private limited companyfounded 2012active for 14 yearsWalemstraat 74A, 2570 Duffel, BelgiumKBO/BCE: BE 0843.016.805
Summary

The computed 12-month bankruptcy probability of 89 is 2.5% (moderate). The 2025 annual accounts show negative equity (-€9,228) and a net result of €8,935. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 500 sector peers (NACE 31, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004
1 site
Size
€276,528total assets 2025
Equity
-€9,228
Profit
€8,935
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 38 days early1 of 9 deeds read
Why 51raises risk1 change of registered office in 24 monthsNegative equity -€9,228Liquidity: current ratio 0.92lowers riskSize: total assets €276,528Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 31, micro)
Financial strength · tick = 2024
Weak
Solvency 22+5
equity -3.3% of total assets
Liquidity 0=
short-term debt 97.7%
Profitability 43+3
return on assets 3.2%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (829 companies, NACE 31, micro)
Last 24 months 11-2024: 4.1% 12-2024: 4.1%● unchanged vs 11-2024 01-2025: 4.1%● unchanged vs 12-2024 02-2025: 4.1%● unchanged vs 01-2025 03-2025: 4.1%● unchanged vs 02-2025 04-2025: 4.1%● unchanged vs 03-2025 05-2025: 3.9%▼ -0.2 percentage points vs 04-2025 06-2025: 3.7%▼ -0.2 percentage points vs 05-2025 07-2025: 7.1%▲ +3.4 percentage points vs 06-2025 08-2025: 7.4%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 4.3%▼ -3.1 percentage points vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.4%▲ +0.1 percentage points vs 03-2026 05-2026: 4.9%▲ +0.5 percentage points vs 04-2026 06-2026: 4.7%▼ -0.2 percentage points vs 05-2026 07-2026: 2.5%▼ -2.2 percentage points vs 06-2026lowest value 08-2026: 2.5%● unchanged vs 07-2026lowest value 09-2026: 2.5%● unchanged vs 08-2026lowest value 10-2026: 2.5%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.92, compared with 0.94 in 2024; short-term debt: 97.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 31, micro): better than 17% on solvency, 1% on liquidity, 30% on profitability and 87% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€9,228
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92
NBB · annual accounts
lowers risk · Size: total assets €276,528
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 500 sector peers (2025).
NBB · sector comparison
Position among 500 sector peers
Solvency
better than 17%
← 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
29 days late
2023
29 days late
2022
63 days late
2021
52 days early
2020
145 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & sharesAuditor report · Capital increase…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€9,228 View
  • Caution: Among the weakest 15% on equitysector median €49,120 · 502 companies -€9,228 View
  • Total assets 20256 financial years filed €276,528 View

By topic

Financials

Financial year
2025
Total assets
€276,528
Profit
€8,935
Solvency
-3.3%
Total assets▲ 20.3%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2013
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 29-08-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of dining room, living room, bedroom and…NACE 31004
Founded
20-01-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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