Closer

Active

Private limited companyfounded 2023active for 3 yearsPrinses Clementinalaan 40, 9000 Gent, BelgiumKBO/BCE: BE 0798.987.119

Summary

Closer has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,002) and a net result of €1,641. Equity is shrinking by about 72% per year across the filed financial years. Its solvency ranks better than 8% of 1,114 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow Report Compare

CloserActiveChecked score 55/100

Risk analysis Report Compare

Activity

Printing and reproduction of recorded media

NACE 18200

1 site

Size

€16,710total assets 2025

Equity: -€13,002
Profit: €1,641

Turnover not published (micro format)

Financial health

55 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.2%

Structure

2025 accounts 122 days early2 deeds in the Belgian Official Gazette

Why 55raises riskCapped at 59: negative equityFounded in 2023Negative equity -€13,002lowers riskLiquidity: current ratio 1.54, cash €3,235Figures for financial year 2025 (filed 03-04-2026)Show the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 40% of its sector peers (NACE 18, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -77.8% of total assets

Liquidity 44+20

short-term debt 59.0% · cash 19.4%

Profitability 76+76

return on assets 9.8%

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,607 companies, NACE 18, micro)

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.4 percentage points vs 03-2025 05-2025: 2.6%▲ +0.5 percentage points vs 04-2025highest value 06-2025: 2.4%▼ -0.2 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.3%▼ -0.1 percentage points vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 2.1%▼ -0.2 percentage points vs 10-2025 12-2025: 2.2%▲ +0.1 percentage points vs 11-2025 01-2026: 2.1%▼ -0.1 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 1.6%▼ -0.5 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 1.6%● unchanged vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.2%▼ -0.4 percentage points vs 09-2026lowest value

No credit on open account

Liquidity ample (current ratio 1.54, compared with 1.11 in 2024, above the usual 1.5; short-term debt: 59% and cash: 19.4% of total assets), but equity is negative.

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 (NACE 18, micro): better than 6% on solvency, 31% on liquidity, 58% on profitability and 67% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Negative equity -€13,002

NBB · annual accounts

Liquidity: current ratio 1.54, cash €3,235

NBB · annual accounts

Figures for financial year 2025 (filed 03-04-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1114 sector peers (2025).

NBB · sector comparison

Position among 1114 sector peers

Solvency

better than 8%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

122 days early

2024

83 days early

2023

30 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 78 days before the deadline; the sector median (NACE 18) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

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 9 May (3 of the last 3 filed years within 54 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

31-03-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €1,641
09-05-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€13,002 View
Caution: Among the weakest 9% on solvencysector median 50.3% · 1,114 companies -77.8% View
Total assets 20253 financial years filed €16,710 View

By topic

Financials

Financial year: 2025
Total assets: €16,710
Profit: €1,641
Solvency: -77.8%

Total assets▼ 39.6%

Net result

20232025

Go to Financials

Timeline

Events: 5
Since: 2024
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
01-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Printing and reproduction of recorded mediaNACE 18200
Founded: 01-03-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Closer

What is the company number of Closer?: 0798.987.119. In Belgium the VAT number is the company number with BE in front: BE 0798.987.119.
Where is Closer based?: The registered office is at Prinses Clementinalaan 40, 9000 Gent.Company details
What does Closer do?: According to the KBO register, the main activity is printing and reproduction of recorded media (NACE 18200).
What is the legal form of Closer?: Private limited company (BV).
When was Closer founded?: On 01-03-2023.
Is Closer still active?: Yes, Closer is an active enterprise in the KBO register.
What is the turnover of Closer?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Closer profitable?: In financial year 2025, Closer made a profit of €1,641.
Where can I find the annual accounts of Closer?: Closer filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Closer due?: By 31-07-2027, for financial year 2026.Timeline