Equity
€5.6m ▲ 9.6%
CKS has made a profit in every financial year since 2008.
CKS
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 2001peak €37.5m (2025)
€37.5m▲ 5.8%
peak €1.3m (2024)
€644,741▼ 52.0%
peak €5.6m (2025)
€5.6m▲ 9.6%
€15.9m▲ 54.8%
peak 93.1 FTE (2025)
93.1 FTE▲ 14.1%
Board3 names since 2009
2 directorsCOCO and 1 other
Owners
consolidatesCOCO
Documentsfilings and deeds
14-08-202614 days late
2025financial year
Result from €1.3m to €644,741Staff from 81.6 FTE to 93.1 FTEPermanent representative: Kristof Nagels 06-10Permanent representatives: Kristof Nagels and Sabine Pannemans 09-07Debts from €10.3m to €15.9mCash from €175,902 to €989,795
Key points
from the 2025 annual accountsResult
€644,741 ▼ 52.0%
The result fell in 2025 from €1.3m to €644,741.
Debts
€15.9m 73% of the balance sheet
Financial debts 14%Suppliers 53%Taxes and wages 7%Other 25%
€1.1m of the debts are secured on the company's own assets. In 2021 that was €445,000.
Staff
97 employees on 31-12-2025
In 2025, 26 people joined and 18 left.
Payment terms
101 days to suppliers
CKS pays its suppliers 27 days later than in 2024. Customers pay 1 day later.
Filings
25 annual accounts since 2001
Five of the last ten came late. The 2019 accounts came latest: 82 days after the end of the period.
Checked score
82
Excellent
Financially stronger than 40% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.3%▼ -0.3 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.3 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.42, cash €989,795
Sector: Specialised construction activities (NACE 43)
Size: turnover €37.5m, 93.1 FTE, total assets €21.6m
lowers risk
Founded in 2000
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, medium-sized). It does better than 34% of them on solvency, 23% on liquidity, 42% on profitability and 59% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 733 companies had the same profile as CKS has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CKS itself: 0.4% 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 733 companies, not a prediction for CKS. 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 €460,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.66 in 2024), below the usual 1.5. Short-term debt is 63.8% and cash 4.6% of total assets. 74% 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 risk
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
14 days late
2024
2 days early
2023
30 days late
2022
30 days late
2021
18 days early
2020
31 days late
2019
82 days late
← 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 24 days after 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 14 August (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COCO 99%score 81equity €1.6m (2025) · 2024 annual accounts of COCO
- Lode Colson 0.5%annual accounts 2019
- Sabine Pannemans 0.5%annual accounts 2019
Recent changes
Permanent representative: Kristof Nagels
Board meeting of 09-09-2025 · Gazette deed
Permanent representatives: Kristof Nagels and Sabine Pannemans
Board meeting of 11-06-2025 · Gazette deed
Reappointment: Finvision Bedrijfsrevisoren Hasselt bv (statutory auditor)
Permanent representative: Lode Colson · Gazette deed
Appointment: Finvision Bedrijfsrevisoren Hasselt bv (statutory auditor)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CKS Dilsen-Stokkem | €37.5m | 2.5% | 26.0% | 93.1 |
| BELCOTEC Geel | €38.8m | 5.3% | 27.4% | 98.9 |
| WELEC Westerlo | €29.8m | 6.5% | 61.6% | 98.8 |
| ENERSOL Herve | €23.5m | 0.6% | 36.2% | 116.4 |
| GS SOLUTIONS Hamme (Vl.) | €33.1m | 10.3% | 48.6% | 93.4 |
| Jansen Energy Solutions Heusden-Zolder | €26.4m | 5.7% | 9.3% | 70.4 |
| THERSA Mouscron | €40.0m | 8.5% | 39.8% | 132 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CKS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €15m and €26m, founded between 1991 and 2006.
Official details
Source: KBO- Status
- Active since 30-05-2000Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.100.850.3483650 Dilsen-Stokkem, since 20-06-2000
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €21.6m▲ 39.3%
- Employeeson 31-12-2025
- 97▲ 9.0%
- Filing
- Filed on 14-08-2026
Insights on CKS
CKS has existed since 2000. Turnover grew from €11.5m in 2010 to €37.5m in 2025 and staff from 28.5 to 93.1 full-time equivalents.
Turnover has grown every year since 2020. Solvency fell in 2025 from 33.1% to 26.0% because of higher debts to suppliers.
COCO holds 99% of the shares.
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 CKS
- What is the company number of CKS?
- The company number of CKS is 0472.008.433. The VAT number is the same number with BE in front: BE 0472.008.433.
- Where is CKS based?
- The registered office is at Kruishoefstraat 37, 3650 Dilsen-Stokkem.Company details
- What does CKS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CKS?
- CKS is a private limited company (BV).
- When was CKS founded?
- CKS was founded on 30-05-2000.
- Is CKS still active?
- Yes, CKS is an active enterprise in the KBO register.
- How many employees does CKS have?
- CKS had an average of 93.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CKS fall under?
- In its 2025 annual accounts, CKS states joint committees 200 (Auxiliary committee for white-collar workers) and 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of CKS?
- The turnover of CKS was €37.5m in financial year 2025, according to the filed annual accounts.
- Is CKS profitable?
- In financial year 2025, CKS made a profit of €644,741.
- Where can I find the annual accounts of CKS?
- CKS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CKS due?
- CKS 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 See whether the workforce is growing and whether people stay.Employer check 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
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