Equity
Beheer Kunstsite has made a profit without a break since 2022.
Beheer Kunstsite has made a profit without a break since 2022.
The abbreviated format states no turnover.
Green is investment, beige is depreciation. Machinery stands 37.3% higher than in 2024.
In 2025, 78 people joined and 79 left.
The last five annual accounts were filed 84 to 142 days before the end of the period.
More equity than 84% of companies in building services and landscaping. Sector median €183,404 · 1,569 companies.
The dashed line is the sector median: 0.3% across 482 companies (NACE 81, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 81, small). It does better than 54% of them on solvency, 96% on liquidity, 62% on profitability and 74% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
In July 2024, 17,811 companies had the same profile as Beheer Kunstsite has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of Beheer Kunstsite itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 17,811 companies, not a prediction for Beheer Kunstsite. 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.
Liquidity is ample, with a current ratio of 3.32 (3.73 in 2024), above the usual 1.5. Short-term debt is 24.2% and cash 73.4% of total assets. However, 57.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 122 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Beheer Kunstsite Antwerp | €2.1m | €1.9m | 42.5% | 23.6 |
| PHICAP PROPERTY MANAGEMENT Watermael-Boitsfort | €1.9m | €1.9m | 6.6% | 22.9 |
| FACILITEAM Braine-l'Alleud | €1.3m | €1.2m | 69.9% | 18.9 |
| OKDO BUILDING MAINTENANCE Braine-l'Alleud | €1.8m | €2.1m | 28.2% | 38.5 |
| Iris Technical Services Enghien | €3.7m | €2.4m | -17.7% | 41.7 |
| T&D Service Ghent | €1.5m | €1.6m | 36.7% | 32.1 |
| MO Concepts & Partners Aartselaar | €0.9m | €1.2m | 53.9% | 31 |
These companies have the same main activity as Beheer Kunstsite: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €853,000 and €3.7m, founded between 2007 and 2016.
Beheer Kunstsite files the abbreviated format. That format states no turnover. The gross margin rose from €1.2m in 2011 to €1.9m 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.
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