Turnover
The accounts state no turnover.
The accounts state no turnover.
Green is investment, beige is depreciation.
Board changed. Latest change 04-12-2025 · 5 in office.
The dashed line is the sector median: 0.6% across 830 companies (NACE 31, micro).
About 4 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 31, micro). It does better than 38% of them on solvency, 22% on liquidity and 37% on profitability.
The bankruptcy probability was computed on 05-11-2026 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 31-03-2026.
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, 3,984 companies had the same profile as CLASSANIC has now. Each dot stands for 10 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CLASSANIC itself: 0.4% 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 3,984 companies, not a prediction for CLASSANIC. 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 insufficient, with a current ratio of 0.07 (0.29 in 2024), below 1. Short-term debt is 43% and cash 0.3% of total assets. 72.6% 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 1 day after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| CLASSANIC Zulte | €6.2m | €0.7m | 27.4% | 2.3 |
| MI-BOIS Wavre | €4.3m | €0.8m | 81.4% | 4 |
| AUGUSTYNS INTERIEUR Wuustwezel | €4.3m | €1.7m | 47.3% | 1.3 |
| TANGHE DESIGN Kuurne | €2.7m | €0.8m | 59.5% | 6 |
| KEUKENS SCHREURS Nieuwerkerken (Limb.) | €2.0m | €0.4m | 37.0% | 4.2 |
| B und M KLEIN Butgenbach | €2.2m | €0.3m | 47.1% | 5 |
| De Wolf Keukens Asse | €1.8m | €0.5m | 44.8% | 3 |
These companies have the same main activity as CLASSANIC: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €1.8m and €4.3m, founded between 1976 and 2000.
CLASSANIC has existed since 1994. In 2016 the gross margin rose from €148,437 to €632,949 and staff from 1 to 1.5 full-time equivalents.
In December 2023, the Official Gazette published the appointment of CLAERHOUT FRANKY as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.6m. Estimated: probably between €960,000 and €2.7m.
Higher than 39% of 120 companies in 2024.
Lower than 95% of 117 companies in 2024.
Higher than 71% of 120 companies in 2024.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
Total assets20/58 |
6.2m | 5.5m | 5.0m | 4.9m | 5.2m | 4.3m | 3.9m | 2.5m | 2.6m | 2.8m | 2.6m | 2.5m | 2.6m | 2.0m | 1.9m | 1.9m | 1.5m | 1.4m | 1.4m | |
Fixed assets21/28 |
6.0m | 5.0m | 4.6m | 4.7m | 4.7m | 3.6m | 3.5m | 2.3m | 2.3m | 2.4m | 2.4m | 2.2m | 1.9m | 1.8m | 1.7m | 1.7m | 1.3m | 1.2m | 1.2m | |
Tangible fixed assets22/27 |
6.0m | 5.0m | 4.6m | 4.7m | 4.7m | 3.6m | 3.5m | 2.3m | 2.3m | 2.4m | 2.4m | 2.2m | 1.9m | 1.8m | 1.6m | 1.6m | 1.3m | 1.2m | 1.2m | |
Land and buildings22 |
5.1m | 4.1m | 3.7m | 3.8m | 3.8m | 2.7m | 2.6m | 2.3m | 2.2m | 2.3m | 2.3m | 2.0m | 1.7m | 1.7m | 1.6m | 1.6m | 1.3m | 1.2m | 1.2m | |
Plant, machinery and equipment23 |
12,196 | 9,166 | 677 | 997 | 2,852 | 3,071 | 4,606 | 6,152 | 983 | 6,659 | 59,037 | 107,128 | 157,964 | 11,514 | 14,464 | 21,153 | 29,041 | 39,379 | 35,750 | |
Furniture and vehicles24 |
- | 1,428 | 6,860 | 12,293 | 17,991 | 23,757 | 998 | 403 | 3,839 | 8,107 | 10,991 | - | - | - | - | - | - | - | - | |
Leasing and similar rights25 |
27,347 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Other tangible fixed assets26 |
880,822 | 880,822 | 880,822 | 880,822 | 880,822 | 880,822 | 861,868 | 61,868 | 61,868 | 61,868 | 61,868 | 61,868 | 61,868 | 40,000 | - | - | - | - | - | |
Financial fixed assets28 |
180 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 180 | - | - | - | 25,000 | 25,000 | 25,000 | - | - | |
Current assets29/58 |
173,194 | 476,859 | 358,767 | 184,839 | 461,275 | 666,194 | 390,564 | 170,586 | 311,679 | 330,225 | 191,301 | 301,004 | 666,036 | 208,820 | 217,524 | 278,021 | 161,249 | 176,480 | 169,579 | |
Amounts receivable within one year40/41 |
106,910 | 353,070 | 285,789 | 57,497 | 270,909 | 371,470 | 244,954 | 120,406 | 173,205 | 195,150 | 139,853 | 267,696 | 267,111 | 135,256 | 60,497 | 186,320 | 65,541 | 48,187 | 102,268 | |
Trade receivables40 |
9,535 | 353,070 | 285,789 | 55,569 | 269,250 | 371,470 | 241,322 | 119,981 | 173,205 | 193,800 | 139,853 | 267,696 | 267,111 | 105,582 | 53,768 | 159,534 | 21,475 | 13,223 | 40,559 | |
Other amounts receivable41 |
97,375 | - | - | 1,928 | 1,660 | - | 3,632 | 425 | - | 1,350 | - | - | - | 29,674 | 6,729 | 26,786 | 44,066 | 34,964 | 61,709 | |
Current investments50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | 25,359 | - | |
Cash at bank and in hand54/58 |
16,860 | 71,151 | 23,926 | 75,064 | 134,159 | 252,957 | 102,799 | 50,181 | 138,474 | 102,076 | 51,448 | 33,308 | 398,924 | 48,564 | 155,228 | 89,901 | 95,708 | 102,564 | 67,311 | |
Deferred charges and accrued income490/1 |
49,424 | 52,638 | 49,052 | 52,278 | 56,206 | 41,767 | 42,810 | - | - | 33,000 | - | - | - | - | 1,800 | 1,800 | - | 369 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
Total equity and liabilities10/49 |
6.2m | 5.5m | 5.0m | 4.9m | 5.2m | 4.3m | 3.9m | 2.5m | 2.6m | 2.8m | 2.6m | 2.5m | 2.6m | 2.0m | 1.9m | 1.9m | 1.5m | 1.4m | 1.4m | |
Equity10/15 |
1.7m | 1.7m | 1.6m | 1.6m | 1.6m | 1.6m | 914,692 | 619,661 | 579,534 | 562,210 | 531,124 | 530,642 | 319,037 | 296,137 | 297,756 | 286,733 | 95,879 | 71,214 | 38,573 | |
Contributions10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
Capital10 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Issued capital100 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
Reserves13 |
1.5m | 1.6m | 1.4m | 1.4m | 1.4m | 1.4m | 760,096 | 467,624 | 427,551 | 407,813 | 376,285 | 364,682 | 129,035 | 122,994 | 128,191 | 133,387 | 15,000 | 15,000 | 15,000 | |
Non-distributable reserves130/1 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Legal reserve130 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
Tax-exempt reserves132 |
805,878 | 866,910 | 912,684 | 958,457 | 1.0m | 1.1m | 435,096 | 237,624 | 252,551 | 267,813 | 286,285 | 299,682 | 114,035 | 107,994 | 113,191 | 118,387 | - | - | - | |
Distributable reserves133 |
716,890 | 714,716 | 514,700 | 455,100 | 425,500 | 360,000 | 310,000 | 215,000 | 160,000 | 125,000 | 75,000 | 50,000 | - | - | - | - | - | - | - | |
Profit (loss) carried forward14 |
3,190 | 3,190 | 3,190 | 3,145 | 3,118 | 2,971 | 4,596 | 2,037 | 1,983 | 4,397 | 4,839 | 15,960 | 40,002 | 23,142 | 19,565 | 3,345 | -69,121 | -93,786 | -126,427 | |
Provisions and deferred taxes16 |
338,510 | 364,146 | 383,374 | 402,601 | 421,829 | 441,056 | 176,042 | 113,958 | 121,644 | 129,504 | 139,015 | 314,062 | 122,968 | 128,096 | 118,284 | 90,960 | - | - | - | |
Provisions for liabilities and charges160/5 |
- | - | - | - | - | - | - | - | - | - | - | 167,988 | 72,488 | 72,488 | 60,000 | 30,000 | - | - | - | |
Deferred taxes168 |
338,510 | 364,146 | 383,374 | 402,601 | 421,829 | 441,056 | 176,042 | 113,958 | 121,644 | 129,504 | 139,015 | 146,074 | 50,480 | 55,608 | 58,284 | 60,960 | - | - | - | |
Amounts payable17/49 |
4.1m | 3.4m | 3.0m | 2.9m | 3.1m | 2.3m | 2.8m | 1.8m | 1.9m | 2.1m | 1.9m | 1.6m | 2.1m | 1.6m | 1.5m | 1.6m | 1.4m | 1.3m | 1.4m | |
Amounts payable after more than one year17 |
1.4m | 1.7m | 1.6m | 1.8m | 2.0m | 1.5m | 1.4m | 853,001 | 1.0m | 1.2m | 1.1m | 986,540 | 1.1m | 1.1m | 1.2m | 1.3m | 1.2m | 1.1m | 1.2m | |
Financial debts170/4 |
1.4m | 1.7m | 1.6m | 1.8m | 2.0m | 1.1m | 1.0m | 853,001 | 1.0m | 1.2m | 1.1m | 986,540 | 1.1m | 1.1m | 1.2m | 1.3m | 1.2m | 1.1m | 1.2m | |
Other amounts payable178/9 |
- | - | - | - | - | 438,262 | 397,521 | - | - | - | - | - | - | - | - | - | - | - | - | |
Amounts payable within one year42/48 |
2.7m | 1.6m | 1.3m | 1.1m | 1.1m | 721,105 | 1.4m | 904,036 | 810,359 | 832,436 | 823,855 | 651,038 | 1.0m | 449,554 | 251,804 | 259,114 | 182,228 | 165,678 | 159,073 | |
Current portion of amounts payable after more than one year42 |
236,388 | 219,641 | 210,990 | 244,524 | 267,777 | 172,832 | 164,318 | 166,406 | 207,239 | 207,239 | 173,572 | 144,572 | 136,405 | 95,572 | 95,572 | 95,572 | 83,905 | 66,500 | 66,500 | |
Financial debts43 |
- | - | - | - | - | - | 809,000 | - | - | - | - | - | 1,438 | - | - | 6,002 | 1,092 | - | - | |
Credit institutions430/8 |
- | - | - | - | - | - | 809,000 | - | - | - | - | - | 1,438 | - | - | 6,002 | 1,092 | - | - | |
Trade debts44 |
1.4m | 311,298 | 157,801 | 246,584 | 240,147 | 397,015 | 238,902 | 436,733 | 82,924 | 216,473 | 228,030 | 89,229 | 563,933 | 59,459 | 56,255 | 70,329 | 23 | 4,920 | 1,473 | |
Suppliers440/4 |
1.4m | 311,298 | 157,801 | 246,584 | 240,147 | 397,015 | 238,902 | 436,733 | 82,924 | 216,473 | 228,030 | 89,229 | 563,933 | 59,459 | 56,255 | 70,329 | 23 | 4,920 | 1,473 | |
Advances received on contracts in progress46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | 25,000 | 25,000 | 25,000 | |
Taxes, remuneration and social security45 |
40,340 | 205,143 | 80,187 | 25,628 | 83,035 | 98,984 | 143,020 | 95,564 | 88,042 | 33,570 | 75,624 | 126,122 | 67,258 | 7,961 | 34,310 | 7,140 | 654 | 460 | - | |
Taxes450/3 |
13,752 | 196,350 | 64,254 | 11,444 | 72,339 | 81,011 | 132,662 | 85,270 | 79,172 | 25,675 | 71,114 | 126,122 | 67,258 | 7,961 | 19,435 | - | 654 | 460 | - | |
Remuneration and social security454/9 |
26,587 | 8,793 | 15,933 | 14,184 | 10,696 | 17,973 | 10,357 | 10,293 | 8,869 | 7,895 | 4,510 | - | - | - | 14,875 | 7,140 | - | - | - | |
Other amounts payable47/48 |
1.0m | 908,584 | 872,085 | 563,909 | 552,412 | 52,274 | 22,924 | 205,333 | 432,154 | 375,154 | 346,628 | 291,114 | 235,453 | 286,561 | 65,668 | 55,071 | 71,554 | 68,798 | 66,100 | |
Accrued charges and deferred income492/3 |
33,232 | 35,657 | 59,025 | 51,386 | 18,584 | 18,671 | 15,100 | 8,071 | 7,843 | - | 5,790 | 5,545 | 4,330 | 649 | 3,465 | 3,643 | 4,137 | 3,242 | 7,640 | |
| Income statement | ||||||||||||||||||||
Non-recurring operating income76A |
- | 13,527 | - | - | - | 925,115 | 288,746 | - | - | - | - | 299,937 | 6,629 | - | - | 190,296 | - | 11,716 | - | |
Gross operating margin9900 |
674,808 | 774,552 | 550,873 | 418,788 | 553,973 | 1.4m | 872,799 | 603,961 | 552,430 | 632,949 | 148,437 | 550,665 | 677,153 | 249,894 | 334,809 | 321,120 | 182,087 | 137,669 | 118,874 | |
Remuneration, social security and pensions62 |
145,314 | 111,932 | 135,837 | 138,434 | 119,661 | 122,166 | 82,435 | 80,723 | 67,815 | 74,887 | 40,414 | - | - | - | - | - | - | - | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
354,693 | 198,072 | 175,281 | 195,598 | 322,461 | 169,132 | 222,937 | 263,035 | 174,955 | 358,822 | 159,987 | 152,341 | 269,389 | 152,371 | 69,215 | 139,988 | 80,248 | 56,874 | 84,176 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | - | - | - | - | - | - | - | 703 | - | - | - | - | - | 3,347 | - | 3,567 | - | - | |
Provisions for liabilities and charges: additions (uses and reversals)635/8 |
- | - | - | - | - | - | - | - | - | - | -167,988 | 95,500 | - | 12,488 | 30,000 | 30,000 | - | - | - | |
Other operating charges640/8 |
46,187 | 45,995 | 47,019 | 51,993 | 55,282 | 68,902 | 82,187 | 92,045 | 45,576 | 34,406 | 21,351 | 32,633 | 80,881 | 24,497 | 40,750 | 10,972 | 12,778 | 13,588 | 9,165 | |
Non-recurring operating charges66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 98,555 | - | 2,568 | - | - | |
Operating profit (loss)9901 |
128,615 | 418,553 | 192,737 | 32,763 | 56,568 | 1.1m | 485,241 | 168,158 | 263,381 | 164,834 | 94,673 | 270,192 | 326,883 | 60,538 | 191,498 | 140,159 | 85,494 | 67,207 | 25,533 | |
Financial income75/76B |
34 | 78 | - | - | - | 465 | 1,315 | 5,846 | 121 | 188 | 2,436 | 2,585 | 4,166 | 2,036 | 1,486 | 1,550 | 1,738 | 4,348 | 1,281 | |
Recurring financial income75 |
34 | 78 | - | - | - | 465 | 1,315 | 5,846 | 121 | 188 | 2,436 | 2,585 | 4,166 | 2,036 | 1,486 | 1,550 | 1,738 | 4,348 | 1,281 | |
Financial charges65/66B |
110,876 | 83,053 | 83,442 | 65,065 | 63,582 | 60,202 | 67,762 | 60,491 | 62,068 | 66,714 | 74,924 | 73,761 | 145,025 | 65,981 | 80,966 | 73,464 | 59,999 | 50,630 | 38,897 | |
Recurring financial charges65 |
110,876 | 83,053 | 83,442 | 65,065 | 63,582 | 60,202 | 67,762 | 60,491 | 62,068 | 66,714 | 74,924 | 73,761 | 145,025 | 65,981 | 80,966 | 73,464 | 59,999 | 50,630 | 38,897 | |
Profit (loss) for the period before taxes9903 |
17,773 | 335,578 | 109,295 | -32,303 | -7,014 | 1.0m | 418,794 | 113,513 | 201,434 | 98,307 | 22,185 | 498,952 | 192,654 | -3,407 | 13,463 | 258,541 | 24,665 | 32,641 | -12,082 | |
Transfer from deferred taxes780 |
25,637 | 19,227 | 19,227 | 19,227 | 19,227 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Income taxes67/77 |
2,267 | 100,563 | 24,651 | 3,072 | 8,340 | 15,245 | 41,680 | 61,072 | 11,969 | 16,733 | 8,762 | 11,753 | 22,882 | 888 | 5,115 | 6,727 | - | - | - | |
Profit (loss) for the period9904 |
41,142 | 254,242 | 103,872 | -16,147 | 3,873 | 994,298 | 300,338 | 60,127 | 197,324 | 91,086 | 20,482 | 391,605 | 174,900 | -1,619 | 11,023 | 190,854 | 24,665 | 32,641 | -12,082 | |
Transfer from tax-exempt reserves789 |
61,032 | 45,774 | 45,774 | 45,774 | 61,774 | 29,191 | 20,556 | 14,927 | 15,263 | 18,471 | 13,397 | 12,341 | 9,960 | 5,196 | 5,196 | 4,962 | - | - | - | |
Transfer to tax-exempt reserves689 |
- | - | - | - | - | 925,115 | 203,335 | - | - | - | - | 197,988 | 16,000 | - | - | 123,350 | - | - | - | |
Profit (loss) for the period to be appropriated9905 |
102,174 | 300,016 | 149,646 | 29,627 | 65,647 | 98,374 | 117,560 | 75,054 | 212,587 | 109,558 | 33,879 | 205,958 | 168,860 | 3,577 | 16,220 | 72,467 | 24,665 | 32,641 | -12,082 | |
| Appropriation of the result | ||||||||||||||||||||
Profit (loss) to be appropriated9906 |
105,364 | 303,207 | 152,790 | 32,745 | 68,618 | 102,971 | 119,596 | 77,037 | 216,983 | 114,397 | 49,839 | 245,960 | 192,002 | 23,142 | 19,565 | 3,345 | -69,121 | -93,786 | -126,427 | |
Profit (loss) brought forward from the previous period14P |
3,190 | 3,190 | 3,145 | 3,118 | 2,971 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
2,174 | 200,016 | 59,600 | 29,600 | 65,500 | 50,000 | 95,000 | 55,000 | 35,000 | 50,000 | 25,000 | 50,000 | - | - | - | - | - | - | - | |
To other reserves6921 |
2,174 | 200,016 | 59,600 | 29,600 | 65,500 | 50,000 | 95,000 | 55,000 | 35,000 | 50,000 | 25,000 | 50,000 | - | - | - | - | - | - | - | |
Profit to be distributed694/7 |
100,000 | 100,000 | 90,000 | - | - | 50,000 | 20,000 | 20,000 | 180,000 | 60,000 | 20,000 | 180,000 | 152,000 | - | - | - | - | - | - | |
Directors or managers695 |
100,000 | 100,000 | 90,000 | - | - | 50,000 | 20,000 | 20,000 | 180,000 | 60,000 | 20,000 | 180,000 | 152,000 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
Average staff (FTE)9087 |
2.3 | 2.5 | 2.9 | 2.9 | 2.9 | 2.8 | 1.9 | 1.9 | 1.6 | 1.5 | 1 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
2,951 | 3,139 | 3,798 | 3,922 | 4,168 | 4,470 | 2,840 | 2,818 | 2,386 | 2,584 | 1,724 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 15-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | full format | 15-10-2026 | 2026-00561393 | |
| 30-11-2024 | abbreviated format | 26-06-2025 | 2025-00191111 | |
| 30-11-2023 | abbreviated format | 29-06-2024 | 2024-00200420 | |
| 30-11-2022 | abbreviated format | 30-06-2023 | 2023-00209099 | |
| 30-11-2021 | abbreviated format | 11-07-2022 | 2022-20189606 | |
| 30-11-2020 | abbreviated format | 30-06-2021 | 2021-27700261 | |
| 30-11-2019 | abbreviated format | 14-07-2020 | 2020-30400099 | |
| 30-11-2018 | abbreviated format | 11-07-2019 | 2019-31800374 | |
| 30-11-2017 | abbreviated format | 04-07-2018 | 2018-28300001 | |
| 30-11-2016 | abbreviated format | 23-06-2017 | 2017-21400147 | |
| 30-11-2015 | abbreviated format | 29-06-2016 | 2016-24600113 | |
| 30-11-2014 | abbreviated format | 01-06-2015 | 2015-14800533 | |
| 30-11-2013 | abbreviated format | 12-06-2014 | 2014-17400414 | |
| 31-12-2011 | abbreviated format | 27-06-2012 | 2012-24800521 | |
| 31-12-2010 | abbreviated format | 23-06-2011 | 2011-20200325 | |
| 31-12-2009 | abbreviated format | 17-06-2010 | 2010-18800501 | |
| 31-12-2008 | abbreviated format | 18-06-2009 | 2009-25700111 | |
| 31-12-2007 | abbreviated format | 14-07-2008 | 2008-41400241 | |
| 31-12-2006 | abbreviated format | 12-07-2007 | 2007-38500372 | |
| 31-12-2005 | abbreviated format | 03-07-2006 | 2006-40604016 | |
| 31-12-2004 | abbreviated format | 14-07-2005 | 2005-49004351 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-51005238 | |
| 31-12-2002 | abbreviated format | 04-08-2003 | 2003-59803377 | |
| 31-12-2001 | abbreviated format | 05-07-2002 | 2002-34604660 | |
| 31-12-2000 | abbreviated format | 29-06-2001 | 2001-30802224 | |
| 31-12-1999 | abbreviated format | 29-06-2000 | 2000-32603929 | |
| 31-12-1998 | abbreviated format | 08-06-1999 | 1999-15603156 | |
| 31-12-1997 | abbreviated format | 08-07-1998 | 1998-31003197 | |
| 31-12-1996 | abbreviated format | 13-06-1997 | 1997-15405325 | |
| 31-12-1995 | abbreviated format | 05-06-1996 | 1996-13200421 |
| Line | Trend | 2026 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 483,307 | 616,625 | 368,018 | 228,361 | 379,030 | 1.2m | 708,178 | 431,194 | 438,336 | 523,656 | 254,660 | 422,533 | 596,272 | 212,909 | 260,713 | 280,147 | 165,742 | 124,081 | 109,709 | |
| Cash flow | 395,834 | 452,314 | 279,152 | 179,451 | 326,335 | 1.2m | 523,275 | 323,162 | 372,279 | 449,908 | 180,469 | 543,946 | 444,288 | 150,751 | 80,238 | 330,842 | 104,913 | 89,515 | 72,094 | |
| Investment in fixed assets | 1.4m | 593,372 | 76,452 | 227,885 | 1.4m | 566,038 | 1.4m | 338,069 | 5,493 | 382,025 | 372,532 | 533,328 | 409,546 | 293,630 | 163,554 | 696,248 | 233,444 | 18,322 | 545,366 | |
| Change in cash | - | 47,225 | -51,138 | -59,096 | -118,798 | 150,158 | 52,619 | -88,293 | 36,398 | 50,627 | 18,140 | -365,616 | - | -106,664 | 65,327 | -5,808 | -6,856 | 35,253 | - | |
| Working capital | -2.5m | -1.2m | -962,296 | -895,806 | -682,095 | -54,911 | -987,600 | -733,449 | -498,679 | -502,210 | -632,553 | -350,034 | -338,452 | -240,734 | -34,280 | 18,907 | -20,979 | 10,802 | 10,506 | |
| Solvency | 27.4% | 32.0% | 31.9% | 32.1% | 30.9% | 37.1% | 23.4% | 24.8% | 22.6% | 20.4% | 20.5% | 21.3% | 12.4% | 14.9% | 15.9% | 14.8% | 6.3% | 5.2% | 2.7% | |
| Current ratio | 0.07 | 0.29 | 0.27 | 0.17 | 0.40 | 0.92 | 0.28 | 0.19 | 0.38 | 0.40 | 0.23 | 0.46 | 0.66 | 0.46 | 0.86 | 1.07 | 0.88 | 1.07 | 1.07 | |
| Debt to equity | 2.44 | 1.91 | 1.89 | 1.86 | 1.97 | 1.42 | 3.07 | 2.85 | 3.22 | 3.67 | 3.62 | 3.10 | 6.71 | 5.27 | 4.91 | 5.45 | 14.76 | 18.28 | 35.41 | |
| ROE | 2.4% | 14.5% | 6.5% | -1.0% | 0.2% | 62.4% | 32.8% | 9.7% | 34.0% | 16.2% | 3.9% | 73.8% | 54.8% | -0.5% | 3.7% | 66.6% | 25.7% | 45.8% | -31.3% | |
| ROA | 0.7% | 4.7% | 2.1% | -0.3% | 0.1% | 23.1% | 7.7% | 2.4% | 7.7% | 3.3% | 0.8% | 15.7% | 6.8% | -0.1% | 0.6% | 9.8% | 1.6% | 2.4% | -0.9% | |
| Interest coverage | 4.36 | 7.42 | 4.41 | 3.51 | 5.96 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 30-11-2024 | 30-11-2023 | 30-11-2022 | 30-11-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 | 4 | 4 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| part-time | 1 | 1 | 2 | 2 | 2 |
| in full-time equivalents | 2.3 | 2.3 | 2.9 | 2.9 | 2.9 |
| Average over the year, in full-time equivalents | 2.3 | 2.5 | 2.9 | 2.9 | 2.9 |
| On a permanent contract | 3 | 3 | 4 | 4 | 4 |
Source: social balance sheet in the 2021 to 2026 annual accounts
| Item | 31-03-2026 | 30-11-2024 | 30-11-2023 | 30-11-2022 | 30-11-2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €1.8m | €2.0m | €2.3m |
| Mortgages, amount registered | - | - | €1.8m | €1.8m | €1.8m |
| Carrying value of the mortgaged assets | - | - | €2.2m | €2.2m | €2.3m |
| Pledge on the business | - | - | €148,736 | €148,736 | €148,736 |
| Carrying value of the other pledged assets | - | - | €5,432 | €12,293 | €17,725 |
Source: notes to the 2021 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 31-03-2026 | 30-11-2024 | 30-11-2023 | 30-11-2022 | 30-11-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.4m | €593,372 | €76,452 | €227,885 | €1.4m |
| Depreciation and write-downs of the year | €354,693 | €198,072 | €175,281 | €195,598 | €322,461 |
Source: notes to the 2021 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is €128,615, against €418,553 in 2024. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total is 67.1%.
CLASSANIC has no parent and no holdings in its annual accounts.
| HOME BEDDING
registered office since 01-11-2006 · founded in 2006 |
total assets €227,357 (2025) 0884.591.005 |
The network lets you explore the ties of CLASSANIC.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| CLASSANIC NV registered office Nieuwlandstraat 1, 9870 Zulte | 19-08-1994 | 2.067.920.531 |
| 11-12-2025 | Granted | Bouwen of herbouwen submitted 26-09-2025 · project 2025113490 | Zulte |
| 14-08-2024 | Granted | Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 05-06-2024 · project 2024065356 | Zulte |
| 31-03-2020 | Granted | Bouwen of herbouwen submitted 06-11-2019 · project 2019133709 | Deinze |
| 12-09-2019 | Granted | Bouwen of herbouwen submitted 09-04-2019 · project 2019041227 | Zulte |
| 09-04-2019 | Granted | Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Verwijderen van vrijstaande gebouwen submitted 01-02-2019 · project 2018157998 | Deinze |
| 04-10-2018 | Granted | Slopen van niet vrijstaande gebouwen of constructies submitted 04-08-2018 · project 2018091302 | Zulte |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44050B1133/00Z000 | 1,468 m² | 1 · 553 m² | 6.8 m · 2 |
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