Compact Location
ActiveSummary
Compact Location has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €-29k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 91% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-50
Solvency100▲+17
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.1 against 2.47 in 2023; short-term debt: 14% and cash: 26.2% of total assets), and 14% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86%
Return on assets
-25.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
36 d late
2021
61 d late
2020
61 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€98k▼ 23.1%
2023 · €127k
2019: €130k
2020: €130k▲ +0.2% vs 2019
2021: €212k▲ +63.2% vs 2020highest in 6 years
2022: €161k▼ -24.0% vs 2021
2023: €127k▼ -21.4% vs 2022
2024: €98k▼ -23.1% vs 2023lowest in 6 years
2019 → 2024
Total assets
€114k▼ 47.9%
2023 · €218k
2019: €673k
2020: €861k▲ +27.9% vs 2019highest in 6 years
2021: €446k▼ -48.2% vs 2020
2022: €312k▼ -30.0% vs 2021
2023: €218k▼ -30.2% vs 2022
2024: €114k▼ -47.9% vs 2023lowest in 6 years
2019 → 2024
Net result
€-29k▲ 15.2%
2023 · €-35k
2019: €77k
2020: €165k▲ +114% vs 2019highest in 6 years
2021: €106k▼ -35.7% vs 2020
2022: €-49k▼ -146% vs 2021lowest in 6 years
2023: €-35k▲ +29.3% vs 2022
2024: €-29k▲ +15.2% vs 2023
2019 → 2024
Working capital
€65k▲ 4.3%
2023 · €63k
2019: €135k
2020: €21k▼ -84.8% vs 2019lowest in 6 years
2021: €148k▲ +621% vs 2020highest in 6 years
2022: €83k▼ -44.0% vs 2021
2023: €63k▼ -24.7% vs 2022
2024: €65k▲ +4.3% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€130k-€212k▲ 63.2%€161k▼ 24.0%€127k▼ 21.4%€98k▼ 23.1%
2020: €130k
2021: €212k▲ +63.2% vs 2020highest in 5 years
2022: €161k▼ -24.0% vs 2021
2023: €127k▼ -21.4% vs 2022
2024: €98k▼ -23.1% vs 2023lowest in 5 years
Operating result€204k-€154k▼ 24.7%€-52k€-35k▲ 33.2%€-36k▼ 2.4%
2020: €204khighest in 5 years
2021: €154k▼ -24.7% vs 2020
2022: €-52k▼ -134% vs 2021lowest in 5 years
2023: €-35k▲ +33.2% vs 2022
2024: €-36k▼ -2.4% vs 2023
Net result€165k-€106k▼ 35.7%€-49k€-35k▲ 29.3%€-29k▲ 15.2%
2020: €165khighest in 5 years
2021: €106k▼ -35.7% vs 2020
2022: €-49k▼ -146% vs 2021lowest in 5 years
2023: €-35k▲ +29.3% vs 2022
2024: €-29k▲ +15.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2024 against €35k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114k
Fixed assets
€32k ▼ 71.3%
Current assets
€81k ▼ 22.9%
Equity and liabilities €114k
Equity
€98k ▼ 23.1%
Provisions
€0 ▼ 100%
Debt
€16k ▼ 81.1%
Debt's share of the balance-sheet total falls from 38.7% to 14.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2023 · €20k
Cash flow
€5k▼
2023 · €20k
Current ratio
5.10▲
2023 · 2.47
Debt to equity
0.16▼
2023 · 0.66
ROE
-30.1%▼
2023 · -27.3%
ROA
-25.8%▼
2023 · -15.9%
Interest coverage
-1.27▼
2023 · 10.89
Debt ≤ 1 year
€16k▼
2023 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€218k€114k▼
Fixed assets21/28€112k€32k▼
Tangible fixed assets22/27€112k€32k▼
Plant, machinery and equipment23€101k€25k▼
Furniture and vehicles24€11k€8k▼
Current assets29/58€105k€81k▼
Amounts receivable within one year40/41€38k€50k▲
Trade receivables40€16k€17k▲
Other amounts receivable41€22k€34k▲
Current investments50/53€70€70=
Cash at bank and in hand54/58€62k€30k▼
Deferred charges and accrued income490/1€5k€994▼
Equity and liabilities
Total equity and liabilities10/49€218k€114k▼
Equity10/15€127k€98k▼
Contributions10/11€6k€6k=
Reserves13€170k€150k▼
Tax-exempt reserves132€20k-
Distributable reserves133€150k€150k=
Profit (loss) carried forward14€-49k€-59k▼
Provisions and deferred taxes16€7k-
Deferred taxes168€7k-
Amounts payable17/49€84k€16k▼
Amounts payable after more than one year17€41k-
Financial debts170/4€41k-
Amounts payable within one year42/48€43k€16k▼
Current portion of amounts payable after more than one year42€40k€15k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Income statement
Code20232024
Non-recurring operating income76A-€786
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€34k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€5k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€24k€5k▼
Operating profit (loss)9901€-35k€-36k▼
Financial income75/76B€601€756▲
Recurring financial income75€601€756▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-36k€-36k▲
Transfer from deferred taxes780€4k€7k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-35k€-29k▲
Transfer from tax-exempt reserves789€11k€20k▲
Profit (loss) for the period to be appropriated9905€-23k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-59k▼
Profit (loss) brought forward from the previous period14P€-26k€-49k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €155k | - | - | €786 | - |
| Remuneration, social security and pensions62 | - | €-982 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €88k | €52k | €54k | €55k | €34k | ▼ 37.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3k | €5k | ▲ 99.6% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 28.8% |
| Gross operating margin9900 | €299k | €206k | €3k | €24k | €5k | ▼ 78.2% |
| Operating profit (loss)9901 | €204k | €154k | €-52k | €-35k | €-36k | ▼ 2.4% |
| Financial income75/76B | - | €1k | €883 | €601 | €756 | ▲ 25.8% |
| Recurring financial income75 | €2k | €1k | €883 | €601 | €756 | ▲ 25.8% |
| Financial charges65/66B | - | €27k | €2k | €2k | €1k | ▼ 41.5% |
| Recurring financial charges65 | €10k | €9k | €2k | €2k | €1k | ▼ 41.5% |
| Non-recurring financial charges66B | - | €18k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €197k | €129k | €-54k | €-36k | €-36k | ▲ 0.2% |
| Transfer from deferred taxes780 | - | €2k | €5k | €4k | €7k | ▲ 77.0% |
| Transfer to deferred taxes680 | - | €17k | - | - | - | - |
| Income taxes67/77 | €31k | €7k | - | €2k | - | - |
| Profit (loss) for the period9904 | €165k | €106k | €-49k | €-35k | €-29k | ▲ 15.2% |
| Transfer from tax-exempt reserves789 | - | €6k | €14k | €11k | €20k | ▲ 77.0% |
| Transfer to tax-exempt reserves689 | - | €52k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €165k | €61k | €-35k | €-23k | €-9k | ▲ 60.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €861k | €446k | €312k | €218k | €114k | ▼ 47.9% |
| Fixed assets21/28 | €521k | €210k | €172k | €112k | €32k | ▼ 71.3% |
| Tangible fixed assets22/27 | €521k | €210k | €172k | €112k | €32k | ▼ 71.3% |
| Plant, machinery and equipment23 | - | €208k | €157k | €101k | €25k | ▼ 75.7% |
| Furniture and vehicles24 | - | €2k | €15k | €11k | €8k | ▼ 32.0% |
| Current assets29/58 | €341k | €236k | €140k | €105k | €81k | ▼ 22.9% |
| Amounts receivable within one year40/41 | €97k | €57k | €37k | €38k | €50k | ▲ 33.8% |
| Trade receivables40 | - | €23k | €19k | €16k | €17k | ▲ 2.6% |
| Other amounts receivable41 | - | €34k | €18k | €22k | €34k | ▲ 57.3% |
| Current investments50/53 | €13k | €35k | €70 | €70 | €70 | = |
| Cash at bank and in hand54/58 | €223k | €141k | €100k | €62k | €30k | ▼ 52.4% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €5k | €994 | ▼ 80.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €861k | €446k | €312k | €218k | €114k | ▼ 47.9% |
| Equity10/15 | €130k | €212k | €161k | €127k | €98k | ▼ 23.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €120k | €197k | €181k | €170k | €150k | ▼ 11.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €45k | €31k | €20k | - | - |
| Distributable reserves133 | - | €150k | €148k | €150k | €150k | = |
| Profit (loss) carried forward14 | €4k | €9k | €-26k | €-49k | €-59k | ▼ 18.8% |
| Provisions and deferred taxes16 | - | €15k | €10k | €7k | - | - |
| Deferred taxes168 | - | €15k | €10k | €7k | - | - |
| Amounts payable17/49 | €731k | €218k | €140k | €84k | €16k | ▼ 81.1% |
| Amounts payable after more than one year17 | €411k | €127k | €83k | €41k | - | - |
| Financial debts170/4 | - | €127k | €83k | €41k | - | - |
| Amounts payable within one year42/48 | €320k | €87k | €57k | €43k | €16k | ▼ 62.6% |
| Current portion of amounts payable after more than one year42 | - | €42k | €42k | €40k | €15k | ▼ 63.2% |
| Trade debts44 | €30k | €5k | €4k | €2k | €1k | ▼ 52.2% |
| Suppliers440/4 | - | €5k | €4k | €2k | €1k | ▼ 52.2% |
| Taxes, remuneration and social security45 | - | €23k | €10k | - | - | - |
| Taxes450/3 | - | €23k | €10k | - | - | - |
| Other amounts payable47/48 | - | €18k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €4k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €165k | €106k | €-49k | €-35k | €-29k | ▲ 15.2% |
| + Depreciation and write-downs630 | €88k | €52k | €54k | €55k | €34k | ▼ 37.6% |
| Operating cash flow (approximation) | €253k | €158k | €5k | €20k | €5k | ▼ 75.5% |
| Investment in fixed assets (approximation) | - | €259k | €-16k | €5k | €46k | ▲ 900% |
| Change in cash | - | €-82k | €-41k | €-38k | €-33k | ▲ 13.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.10
Current ratio from 2.47 to 5.10; short-term debt falls from €43k to €16k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 2.70
Current ratio from 1.06 to 2.70; short-term debt falls from €320k to €87k.
31-12
Financial
Equity above €200kEq €212k ▲63.2%
3 profitable years in a row build equity to €212k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2019net €165k ▲114%
Operating result €204k, net result €165k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2015
22-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2014
Ground area
2,424 m²
Building footprint
621 m²
Volume, LiDAR
4,175 m³
2 parcels, Wallonia · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KEN LEFEVERE BVBA
since 20142.228.843.333
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031C0113/00D000 | Wallonia | 1,793 m² | 1 · 512 m² | 13.7 m · 2 fl. |
| 53073A0444/00P000 | Wallonia | 631 m² | 1 · 109 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43230Insulation installation
43240Other construction installation
43310Plastering work
43343Specialised construction activities
Contact
Scores and ratios are computed by Checked and are not a credit decision.