Equity
€41,185 ▲ 10.9%
AERTS FRANCOIS paid out €7,000 in dividends. That is 63% of the 2025 profit.
AERTS FRANCOIS
Lifetime
9 annual accounts with figures on one time axisTurnoverpeak €165,696 (2017)
€95,923▼ 26.6%
Resultlowest -€5,242 (2022)
€11,040▼ 5.3%
Equitypeak €41,185 (2025)
€41,185▲ 10.9%
Debts
€45,296▲ 14.6%
Staffpeak 1.4 FTE (2017)
-not published
Board1 name since 2021
1 directorAERTS François
Documentsfilings and deeds
09-04-2026113 days before the deadline
2025micro format
Turnover from €130,642 to €95,923Dividend €7,000Cash from €9,635 to €18,381
Key points
from the 2025 annual accountsPayment terms
19 days to suppliers
AERTS FRANCOIS pays its suppliers 5 days later than in 2024. Customers pay 95 days later.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 31 to 113 days before the end of the period.
Checked score
83
Excellent
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▼ -0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026highest value
05-2026: 0.5%▼ -0.2 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €95,923, total assets €86,481
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.69, cash €18,381
Equity €41,185 (47.6% of total assets)
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 43, micro). It does better than 51% of them on solvency, 60% on liquidity, 76% on profitability and 37% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as AERTS FRANCOIS has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AERTS FRANCOIS itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for AERTS FRANCOIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.69 (1.32 in 2024), above the usual 1.5. Short-term debt is 33.8% and cash 21.3% of total assets. However, 52.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-04-2026, 113 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
113 days early
2024
66 days early
2023
58 days early
2022
60 days early
2021
31 days early
2020
31 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 56 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 1 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668979405
1 manager resigning, 1 director reappointed
Resignation: AERTS François (manager) · Reappointment: AERTS François (director) · Permanent representative: AERTS François · General meeting of 21-06-2023 · Gazette deed
Incorporation
published on 13-01-2017 · Gazette deed
First establishment
Steinbach 1, Waimes
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| AERTS FRANCOIS Waimes | €86,481 | €32,415 | 47.6% | - |
| CR CONSTRUCT Anderlecht | €80,589 | €29,144 | 70.6% | - |
| POPIC RENOV Uccle | €99,745 | €36,543 | 61.7% | - |
| DESIGNER BÉ-ARTS Boortmeerbeek | €87,678 | €39,967 | 86.8% | - |
| GPR Bornem | €102,926 | €32,218 | 35.8% | - |
| HURARD Verviers | €74,135 | €26,628 | 57.0% | - |
| CAPS & RICH Herve | €113,139 | €30,566 | 16.3% | - |
These companies have the same main activity as AERTS FRANCOIS: plastering work (NACE 43310). They are comparable in size and age: total assets between €74,100 and €113,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 11-01-2017Normal situation
- Activity
- Plastering workNACE 43310and 3 others
- Establishment unit
- 2.260.214.6184950 Waimes, since 11-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2026
Annual accounts 2025
- Total assets
- €86,481▲ 12.8%
- Filing
- Filed on 09-04-2026, 113 days before the end of the filing period
Insights on AERTS FRANCOIS
AERTS FRANCOIS has existed since 2017. Turnover fell from €165,696 in 2017 to €95,923 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AERTS FRANCOIS
- What is the company number of AERTS FRANCOIS?
- The company number of AERTS FRANCOIS is 0668.979.405. The VAT number is the same number with BE in front: BE 0668.979.405.
- Where is AERTS FRANCOIS based?
- The registered office is at Steinbach 1, 4950 Waimes.Company details
- What does AERTS FRANCOIS do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of AERTS FRANCOIS?
- AERTS FRANCOIS is a private limited company (pre-2019) (BVBA).
- When was AERTS FRANCOIS founded?
- AERTS FRANCOIS was founded on 11-01-2017.
- Is AERTS FRANCOIS still active?
- Yes, AERTS FRANCOIS is an active enterprise in the KBO register.
- How many employees does AERTS FRANCOIS have?
- AERTS FRANCOIS had an average of 0.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of AERTS FRANCOIS?
- The turnover of AERTS FRANCOIS was €95,923 in financial year 2025, according to the filed annual accounts.
- Is AERTS FRANCOIS profitable?
- In financial year 2025, AERTS FRANCOIS made a profit of €11,040.
- Where can I find the annual accounts of AERTS FRANCOIS?
- AERTS FRANCOIS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AERTS FRANCOIS due?
- AERTS FRANCOIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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