Equity
Equity fell by 69% in 5 years.
Equity fell by 69% in 5 years.
Green is investment, beige is depreciation. Machinery stands 245.2% higher than in 2024.
The last five annual accounts were filed 0 to 60 days before the end of the period.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 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 47, micro). It does better than 44% of them on solvency, 33% on liquidity, 96% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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, 3,818 companies had the same profile as DE KNUFFELWEIDE has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE KNUFFELWEIDE itself: 0.2% 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 3,818 companies, not a prediction for DE KNUFFELWEIDE. 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 0.35 (0.39 in 2024), below 1. Short-term debt is 72% and cash 19.9% of total assets. 72% 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 35 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DE KNUFFELWEIDE Ravels | €69,181 | €33,135 | 28.0% | - |
| ANIMAL CONCEPT Oupeye | €55,343 | €38,149 | -221.1% | - |
| HET GOUDEN WIEL Dilsen-Stokkem | €95,046 | €19,198 | 38.6% | - |
| AQUAMIROIR Jette | €112,372 | €32,610 | 2.7% | - |
| GUISSET GEORGES ET FILS Awans | €112,859 | €31,005 | 95.9% | - |
| Cura Nuka Anzegem | €77,822 | €60,852 | 57.1% | - |
| ANIMAL&Nous Charleroi | €115,992 | €23,942 | -104.5% | - |
These companies have the same main activity as DE KNUFFELWEIDE: retail sale of pets, pet food and pet supplies (NACE 47762). They are comparable in size and age: total assets between €55,300 and €116,000, founded between 1988 and 2005.
DE KNUFFELWEIDE files the micro format. That format states no turnover. The gross margin fell from €36,560 in 2007 to €33,135 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.
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