Equity
-€59,755
Debts exceed assets in financial year 2025.
HOMEFIRE BELGIUM
Lifetime
7 annual accounts with figures on one time axispeak €347,653 (2025)
€347,653▲ 50.9%
lowest -€83,714 (2019)
€124,743▲ 475%
peak -€59,755 (2025)
-€59,755▲ €124,743
€256,442▼ 63.1%
peak 2.8 FTE (2022)
-not published
Board3 names since 2018
2 directorsSutton Jason and 1 other
Documentsfilings and deeds
11-07-2025112 days before the deadline
2025abbreviated format
Gross margin from €230,459 to €347,653Result from €21,678 to €124,743Merger proposal: Homefire Belgium takes over Kolengroothandel… 12-12Merger proposal: CPL Belgium takes over Kolengroothandel Gijsen 13-08Merger proposal: CPL Belgium takes over Kolengroothandel Gijs… 22-05Equity from -€184,498 to -€59,755
Key points
from the 2025 annual accountsResult
€124,743 ▲ 475%
The result rose in 2025 from €21,678 to €124,743.
Debts
€256,442 130% of the balance sheet
Suppliers 3%Taxes and wages 15%Other 82%
Of this, €233,462 falls due within a year.
Filings
7 annual accounts 8 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
At the same address
233 companies
Position in the sector
-€59,755
Less equity than 92% of companies in wholesale trade. Sector median €361,107 · 9,898 companies.
Checked score
52
Fair
Financially stronger than 51% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 5.5%▲ +1.3 percentage points vs 12-2024
02-2025: 5.5%● unchanged vs 01-2025
03-2025: 6.3%▲ +0.8 percentage points vs 02-2025
04-2025: 8.4%▲ +2.1 percentage points vs 03-2025highest value
05-2025: 8.4%● unchanged vs 04-2025highest value
06-2025: 5.3%▼ -3.1 percentage points vs 05-2025
07-2025: 5.3%● unchanged vs 06-2025
08-2025: 2.2%▼ -3.1 percentage points vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.1%▼ -0.1 percentage points vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 2.0%▼ -0.1 percentage points vs 07-2026
09-2026: 2.0%● unchanged vs 08-2026lowest value
10-2026: 2.1%▲ +0.1 percentage points vs 09-2026
11-2026: 2.6%▲ +0.5 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; 2 of the last 3 accounts late
Figures for financial year 2025 (filed on 14-07-2025)
Founded in 2018
lowers risk
Size: total assets €196,688
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 46, micro). It does better than 6% of them on solvency, 13% on liquidity, 95% on profitability and 90% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,180 companies had the same profile as HOMEFIRE BELGIUM has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOMEFIRE BELGIUM itself: 2.6% 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 2,180 companies, not a prediction for HOMEFIRE BELGIUM. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.68 in 2024), below 1. Short-term debt is 118.7% and cash 10.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9902 sector peers (2025).
NBB · sector comparisonPosition among 9902 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-07-2025, 112 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
not filed
2025
112 days early
2024
200 days late
2023
90 days late
2022
129 days late
2021
3 days late
2020
34 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 57 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0716852269
Merger proposal: Homefire Belgium takes over Kolengroothandel Gijsen
Company renamed from CPL Belgium to Homefire Belgium · Gazette deed
Merger proposal: CPL Belgium takes over Kolengroothandel Gijsen
The company holds all the shares of Kolengroothandel Gijsen · Name change: Homefire Belgium · Gazette deed
Merger proposal: CPL Belgium takes over Kolengroothandel Gijsen NV
Name change: Homefire Belgium · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOMEFIRE BELGIUM Brussels | €196,688 | €347,653 | -30.4% | - |
| IH COMPANY Verviers | €464,100 | €495,208 | -4.3% | 12.5 |
| PANDION EUROPE Bredene | €284,346 | €412,757 | 36.4% | - |
| Topforce Zonhoven | €431,995 | €381,771 | 67.8% | 4 |
| Oil Trading Company Antwerp Edegem | €517,201 | €158,257 | 68.8% | - |
| MCK Projects Heist-op-den-Berg | €585,967 | €153,113 | 44.5% | - |
| DECO OIL Oudenaarde | €713,254 | €267,123 | 58.9% | - |
These companies have the same main activity as HOMEFIRE BELGIUM: wholesale of solid, liquid and gaseous fuels and related products (NACE 46810). They are comparable in size and age: total assets between €284,000 and €713,000, founded between 2014 and 2020.
Official details
Source: KBO- Status
- Active since 26-12-2018Normal situation
- Registered office
- 234 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Wholesale of solid, liquid and gaseous fuels and related productsNACE 46810and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2025
- Establishment unit
- 2.283.946.0631000 Brussels, since 26-12-2018
- Financial year end
- 31 March
- Peppol
- Reachable since 18-12-2025
Annual accounts to 31-03-2025
- ≈ €1.8mestimated
- €196,688▼ 61.5%
- Employeeson 31-03-2025
- 2=
- Filing
- Filed on 11-07-2025
Insights on HOMEFIRE BELGIUM
HOMEFIRE BELGIUM files the abbreviated format. That format states no turnover. The gross margin rose from -€63,777 in 2019 to €347,653 in 2025.
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 HOMEFIRE BELGIUM
- What is the company number of HOMEFIRE BELGIUM?
- The company number of HOMEFIRE BELGIUM is 0716.852.269. The VAT number is the same number with BE in front: BE 0716.852.269.
- Where is HOMEFIRE BELGIUM based?
- The registered office is at Marnixlaan 23, 1000 Brussels.Company details
- What does HOMEFIRE BELGIUM do?
- According to the KBO register, the main activity is wholesale of solid, liquid and gaseous fuels and related products (NACE 46810).
- What is the legal form of HOMEFIRE BELGIUM?
- HOMEFIRE BELGIUM is a private limited company (pre-2019) (BVBA).
- When was HOMEFIRE BELGIUM founded?
- HOMEFIRE BELGIUM was founded on 26-12-2018.
- Is HOMEFIRE BELGIUM still active?
- Yes, HOMEFIRE BELGIUM is an active enterprise in the KBO register.
- How many employees does HOMEFIRE BELGIUM have?
- HOMEFIRE BELGIUM had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HOMEFIRE BELGIUM fall under?
- In its 31-03-2025 annual accounts, HOMEFIRE BELGIUM states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HOMEFIRE BELGIUM?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €347,653 and 139 comparable companies (NACE 46). It probably lies between €1.1m and €3.0m.
- Is HOMEFIRE BELGIUM profitable?
- In financial year 2025, HOMEFIRE BELGIUM made a profit of €124,743.
- Where can I find the annual accounts of HOMEFIRE BELGIUM?
- HOMEFIRE BELGIUM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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