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De Keyzer

Active
Private limited companyfounded 199431 yrs activeIndustrielaan 55, 8930 Menen, BelgiumKBO/BCE: BE 0453.786.685
Summary

De Keyzer has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€197,905. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 47% of 278 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
De KeyzerActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004NACE 31091NACE 36141
7 sites
Size
€5.1mtotal assets 2025
Staff
21.7 FTE
Equity
€1.9m
Loss
-€197,905
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Parent
De Keyzer Beheer · 100%
Accounts 44 d early0 of 3 deeds read
Why 69- Liquidity: current ratio 1.23, cash €265,158- Sector Manufacture of furniture (NACE 31)- Loss of €197,905 (FY 2025)+ Founded in 1994Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 25% of its sector peers (NACE 31, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 62-2
equity 37.3% of total assets
Liquidity 24=
short-term debt 61.4% · cash 5.2%
Profitability 14-48
return on assets -3.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (136 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%● 0.0% vs 02-2025 04-2025: 0.5%▲ +9.9% vs 03-2025 05-2025: 0.6%▲ +5.9% vs 04-2025 06-2025: 0.6%▲ +5.5% vs 05-2025 07-2025: 0.7%▲ +20.2% vs 06-2025 08-2025: 0.4%▼ -39.1% vs 07-2025lowest value 09-2025: 0.4%● 0.0% vs 08-2025lowest value 10-2025: 0.5%▲ +3.8% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 0.5%▲ +6.5% vs 03-2026 05-2026: 0.5%▲ +5.7% vs 04-2026 06-2026: 0.6%▲ +7.5% vs 05-2026 07-2026: 0.6%▲ +5.9% vs 06-2026 08-2026: 1.2%▲ +95.1% vs 07-2026 09-2026: 1.4%▲ +22.5% vs 08-2026highest value 10-2026: 0.6%▼ -57.8% vs 09-2026
  • Liquidity: current ratio 1.23, cash €265,158 raises the probability
  • Sector Manufacture of furniture (NACE 31) raises the probability
  • Loss of €197,905 (FY 2025) raises the probability
  • Founded in 1994 lowers the probability for this profile
Credit up to €130,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.38 in 2024; short-term debt: 61.4% and cash: 5.2% of total assets), and 62.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 31, small). Better than this share of them on solvency 48%, liquidity 19%, profitability 12%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.23, cash €265,158
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of furniture (NACE 31)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Loss of €197,905 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
14 d early
2023
12 d early
2022
4 d early
2021
16 d early
2020
15 d early
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed 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. Usually files around 17 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€197,905
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €29,723 in 2024 -€197,905 View
  • Caution: Among the weakest 5% on net resultsector median €13,046 · 278 companies -€197,905 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by De Keyzer Beheer 100% View

By topic

Financials

Fiscal year
2025
Total assets
€5.1m
Loss
-€197,905
Solvency
37.3%
Total assets▼ 6.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 17-06-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 17-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Private limited company
Activity
Manufacture of dining room, living room, bedroom and…NACE 31004
Founded
21-11-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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