Equity
€69,784 ▲ 8.5%
BUILDING INSURANCE paid out €60,000 in dividends. That is 92% of the 2025 profit.
BUILDING INSURANCE
Lifetime
19 annual accounts with figures on one time axispeak €85,297 (2025)
€85,297▲ 9.2%
peak €65,479 (2025)
€65,479▲ 13.4%
peak €82,039 (2015)
€69,784▲ 8.5%
€73,695▲ 19.7%
Board3 names since 2007
2 directorsDE JONGHE Dirk and 1 other
Owners
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Dividend €60,000Debts from €61,582 to €73,695Cash from €7,901 to €119,407
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 67% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
No main activity registered
lowers risk
Size: total assets €143,479
Liquidity: current ratio 1.95, cash €119,407
Equity €69,784 (48.6% 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 (no NACE code, micro). It does better than 43% of them on solvency, 69% on liquidity, 90% on profitability and 66% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 34,693 companies had the same profile as BUILDING INSURANCE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BUILDING INSURANCE itself: 0.1% within 12 months.
Test of the method
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 34,693 companies, not a prediction for BUILDING INSURANCE. 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.95 (2.04 in 2024), above the usual 1.5. Short-term debt is 51.4% and cash 83.2% of total assets. However, 51.4% 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
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €69,784
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
49 days early
2023
62 days early
2022
28 days late
2021
23 days late
2020
109 days early
2019
20 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 34 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 15 June (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GROEP CAENEN HOLDING 50%equity €41.9m (2025) · 30-12-2025 annual accounts of GROEP CAENEN HOLDING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886522590
Company renamed from GROEP CAENEN VERZEKERINGEN to Building Insurance
Appointments: DE JONGHE Dirk (director) and KAAT DE JONGHE (director) · Resignation: DE JONGHE Dirk (director) · Permanent representatives: DE JONGHE Dirk and DE JONGHE Kaat · General meeting of 21-12-2023 · Gazette deed
First establishment
Groep Caenen Verzekeringen, Kerkstraat 2, Middelkerke
Incorporation
published on 29-01-2007 · Gazette deed
Official details
Source: KBO- Status
- Active since 15-01-2007Normal situation
- Activity
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend patrimonium; alle verrichtingen met…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.158.949.6858430 Middelkerke, since 26-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €143,479▲ 14.0%
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on BUILDING INSURANCE
BUILDING INSURANCE files the micro format. That format states no turnover. The gross margin rose from €2,224 in 2007 to €85,297 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 BUILDING INSURANCE
- What is the company number of BUILDING INSURANCE?
- The company number of BUILDING INSURANCE is 0886.522.590. The VAT number is the same number with BE in front: BE 0886.522.590.
- Where is BUILDING INSURANCE based?
- The registered office is at Kerkstraat 2, 8430 Middelkerke.Company details
- What is the legal form of BUILDING INSURANCE?
- BUILDING INSURANCE is a private limited company (BV).
- When was BUILDING INSURANCE founded?
- BUILDING INSURANCE was founded on 15-01-2007.
- Is BUILDING INSURANCE still active?
- Yes, BUILDING INSURANCE is an active enterprise in the KBO register.
- What is the turnover of BUILDING INSURANCE?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €85,297 and 2,663 comparable companies of the same size. It probably lies between €170,000 and €440,000. It is a rough estimate.Financials
- Is BUILDING INSURANCE profitable?
- In financial year 2025, BUILDING INSURANCE made a profit of €65,479.
- Where can I find the annual accounts of BUILDING INSURANCE?
- BUILDING INSURANCE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BUILDING INSURANCE due?
- BUILDING INSURANCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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