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CLASS

Active
Private limited companyfounded 201313 years activeDijkstraat 47, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0502.718.831
Summary

CLASS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €520. Equity is growing by ~31.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€5.6mtotal assets 2025
Equity
€4.7m
Profit
€520
Turnover not published (abridged schema)Net result -100%: 12-month year
Financial health
95 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Holdings
1
Accounts filed 28 days late0 of 6 deeds read
Why 95- No main activity registered+ Size: total assets €5.6m+ Figures for FY 2025 (filed 28-08-2026)+ Liquidity: current ratio 8.98, cash €1.6m, halvedShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 84.3% of total assets
Liquidity 86-9
short-term debt 8.3% · cash 28.8%
Profitability 23-77
return on assets 0.0%
Bankruptcy probability, 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 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024highest value 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €450,000 at 30 days acceptable
Liquidity ample (current ratio 8.98 against 4.34 in 2024; short-term debt: 8.3% and cash: 28.8% of total assets), and 15.7% of the assets are financed with debt.
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 (no NACE code, small): better than 82% on solvency, 95% on liquidity, 15% on profitability and 35% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €5.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 28-08-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 8.98, cash €1.6m, halved
NBB · annual accounts
raises risk · No main activity registered
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
9 days early
2024
28 days early
2023
1 day early
2022
5 days early
2021
7 days early
2020
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet €520 ▼100%
  3. Liquidity doublescurrent ratio 8.98

Key points

  • Result fell in 202512-month fiscal year ▼ 100.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €520 8 years View
  • Total assets 20256 fiscal years filed €5.6m View

By topic

Financials

Fiscal year
2025
Total assets
€5.6m
Profit
€520
Solvency
84.3%
Total assets▼ 5.0%
Net result
20192025
Go to Financials

Timeline

Events
17
Since
2018
Next accounts
by 31-07-2027
  1. 22-07-2025Annual accounts filed
  2. 03-01-2025Annual accounts filed
  3. 31-12-2024Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
07-01-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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