E&E PAINTERS
ActiveSummary
E&E PAINTERS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,414 and a net result of €2,671. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 61% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-03-2019 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 5 others
- Establishment unit
- 2.287.487.355 9940 Evergem, since 27-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-06-2025
Board and ownership
- Jetmir HoxhajDirector · since 27-03-2019
- Hoxhaj ErjonDirector · since 01-10-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €60,558
- ▲ 102%
- Turnover
- ≈ €310,000
- estimated
- Profit
- €2,671
- ▼ 75.7%
- Equity
- €97,414
- ▼ 18.6%
- Total assets
- €172,676
- ▲ 23.4%
- Employees on 31-12-2025
- 1
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.41, cash €115,698Equity €97,414 (56.4% of total assets)Size: total assets €172,676Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 62% of them on solvency, 85% on liquidity, 39% on profitability and 19% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 55 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 04-06-2026 PDF all 7 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 78% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €13,138 | €1,732 | €9,201 | €33,185 |
| Financial fixed assets | - | - | - | - | €60 |
| Depreciation and write-downs of the year | €10,924 | €12,300 | €13,008 | €8,494 | €8,913 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as E&E PAINTERS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €156,000 and €195,000, founded between 2017 and 2019.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| E&E PAINTERS Evergem | 2019 | €172,676 | €97,414 | €60,558 | - | €2,671 | 2025 |
| D. CATREY Herzele | 2019 | €170,448 | €113,149 | €56,545 | - | €22,700 | 2025 |
| DVS-HOME Sint-Gillis-Waas | 2019 | €193,399 | €129,910 | €62,171 | - | €19,824 | 2025 |
| DECO & DESIGN EXPERT Lebbeke | 2017 | €184,755 | -€14,131 | €68,039 | - | -€3,956 | 2025 |
| JITARIU CONSTRUCT Asse | 2019 | €156,454 | €24,025 | €64,790 | €0 | €1,264 | 2025 |
| I.D.M. CONSTRUCTION Grimbergen | 2019 | €195,098 | €59,330 | €55,950 | €323,799 | €32,376 | 2025 |
| RENO HOME Sint-Pieters-Leeuw | 2019 | €189,165 | €88,515 | €54,114 | - | €27,125 | 2025 |
They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 5,047 companies had the same profile as E&E PAINTERS has now. Two years later, 2.2% had gone bankrupt and 93.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of E&E PAINTERS itself is lower: 0.1% within 12 months. It rests on far more data about E&E PAINTERS than the profile alone.
Test of the method
The method was tested on the 497,445 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 5,047 companies, not a prediction for E&E PAINTERS. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €42,878 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,045 | €7,788 | €10,924 | €12,300 | €13,008 | €8,494 | €8,913 | ▲ 4.9% |
| Other operating charges640/8 | - | - | €543 | €572 | €810 | €2,427 | €4,684 | ▲ 93.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €546 | €0 | ▼ 100% |
| Gross operating margin9900 | €16,137 | €66,770 | €43,325 | €32,329 | €41,908 | €30,033 | €60,558 | ▲ 102% |
| Operating profit (loss)9901 | €14,092 | €58,562 | €31,859 | €19,457 | €28,090 | €18,565 | €4,083 | ▼ 78.0% |
| Financial income75/76B | - | - | €12 | €404 | €341 | €838 | €690 | ▼ 17.7% |
| Recurring financial income75 | €534 | €83 | €12 | €404 | €341 | €838 | €690 | ▼ 17.7% |
| Financial charges65/66B | - | - | €444 | €418 | €593 | €4,013 | €900 | ▼ 77.6% |
| Recurring financial charges65 | €27 | €567 | €444 | €418 | €593 | €4,013 | €900 | ▼ 77.6% |
| Profit (loss) for the period before taxes9903 | €14,599 | €58,078 | €31,427 | €19,443 | €27,838 | €15,390 | €3,873 | ▼ 74.8% |
| Income taxes67/77 | €2,736 | €14,644 | €8,564 | €4,809 | €6,772 | €4,389 | €1,201 | ▼ 72.6% |
| Profit (loss) for the period9904 | €11,863 | €43,434 | €22,863 | €14,634 | €21,066 | €11,001 | €2,671 | ▼ 75.7% |
| Profit (loss) for the period to be appropriated9905 | €11,863 | €43,434 | €22,863 | €14,634 | €21,066 | €11,001 | €2,671 | ▼ 75.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €27,179 | €116,213 | €131,627 | €151,163 | €127,266 | €139,988 | €172,676 | ▲ 23.4% |
| Fixed assets21/28 | €7,620 | €41,792 | €30,869 | €31,706 | €20,430 | €20,590 | €44,922 | ▲ 118% |
| Tangible fixed assets22/27 | €5,370 | €39,542 | €28,619 | €29,456 | €18,180 | €18,340 | €42,612 | ▲ 132% |
| Plant, machinery and equipment23 | - | - | €5,518 | €14,762 | €10,467 | €14,280 | €10,568 | ▼ 26.0% |
| Furniture and vehicles24 | - | - | - | - | €1,424 | €1,078 | €732 | ▼ 32.1% |
| Leasing and similar rights25 | - | - | €23,101 | €14,695 | €6,288 | €2,982 | €31,313 | ▲ 950% |
| Financial fixed assets28 | €2,250 | €2,250 | €2,250 | €2,250 | €2,250 | €2,250 | €2,310 | ▲ 2.7% |
| Current assets29/58 | €19,558 | €74,420 | €100,758 | €119,457 | €106,836 | €119,398 | €127,754 | ▲ 7.0% |
| Amounts receivable within one year40/41 | €10,122 | €33,267 | €48,543 | €27,024 | €16,835 | €35,096 | €10,246 | ▼ 70.8% |
| Trade receivables40 | - | - | €35,000 | €5,681 | €5,957 | €24,849 | €4,970 | ▼ 80.0% |
| Other amounts receivable41 | - | - | €13,543 | €21,343 | €10,878 | €10,247 | €5,276 | ▼ 48.5% |
| Cash at bank and in hand54/58 | €9,175 | €40,502 | €50,885 | €91,102 | €88,789 | €83,227 | €115,698 | ▲ 39.0% |
| Deferred charges and accrued income490/1 | - | - | €1,330 | €1,331 | €1,211 | €1,075 | €1,810 | ▲ 68.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €27,179 | €116,213 | €131,627 | €151,163 | €127,266 | €139,988 | €172,676 | ▲ 23.4% |
| Equity10/15 | €13,063 | €56,497 | €79,360 | €93,994 | €110,460 | €119,743 | €97,414 | ▼ 18.6% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €343 | €43,777 | €66,640 | €81,273 | €99,340 | €108,623 | €86,294 | ▼ 20.6% |
| Non-distributable reserves130/1 | - | - | €343 | €343 | €343 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €343 | €343 | €343 | €0 | - | - |
| Distributable reserves133 | - | - | €66,297 | €80,930 | €98,997 | €108,623 | €86,294 | ▼ 20.6% |
| Profit (loss) carried forward14 | €6,520 | €6,520 | €6,520 | €6,520 | €4,920 | €4,920 | €4,920 | = |
| Amounts payable17/49 | €14,115 | €59,715 | €52,267 | €57,169 | €16,805 | €20,244 | €75,262 | ▲ 272% |
| Amounts payable after more than one year17 | - | €23,633 | €15,977 | €8,201 | €3,487 | €0 | €22,206 | - |
| Financial debts170/4 | - | - | €15,977 | €8,201 | €3,487 | €0 | €22,206 | - |
| Amounts payable within one year42/48 | €14,115 | €35,953 | €36,254 | €48,969 | €13,319 | €20,244 | €53,056 | ▲ 162% |
| Current portion of amounts payable after more than one year42 | - | - | €7,656 | €7,776 | €4,714 | €3,487 | €4,976 | ▲ 42.7% |
| Financial debts43 | - | - | - | €16,705 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €16,705 | €0 | - | - | - |
| Trade debts44 | €5,180 | €4,690 | €1,042 | €11,826 | €1,874 | €6,972 | €12,346 | ▲ 77.1% |
| Suppliers440/4 | - | - | €1,042 | €11,826 | €1,874 | €6,972 | €12,346 | ▲ 77.1% |
| Taxes, remuneration and social security45 | - | - | €25,308 | €12,169 | €2,142 | €4,556 | €7,915 | ▲ 73.7% |
| Taxes450/3 | - | - | €25,308 | €12,169 | €2,142 | €4,556 | €6,726 | ▲ 47.6% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €1,189 | - |
| Other amounts payable47/48 | - | - | €2,249 | €492 | €4,590 | €5,229 | €27,820 | ▲ 432% |
| Accrued charges and deferred income492/3 | - | - | €35 | - | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,863 | €43,434 | €22,863 | €14,634 | €21,066 | €11,001 | €2,671 | ▼ 75.7% |
| + Depreciation and write-downs630 | €2,045 | €7,788 | €10,924 | €12,300 | €13,008 | €8,494 | €8,913 | ▲ 4.9% |
| Operating cash flow (approximation) | €13,908 | €51,222 | €33,786 | €26,934 | €34,074 | €19,496 | €11,584 | ▼ 40.6% |
| Investment in fixed assets (approximation) | - | -€41,960 | €0 | -€13,138 | -€1,732 | -€8,654 | -€33,245 | ▼ 284% |
| Change in cash | - | €31,327 | €10,383 | €40,217 | -€2,312 | -€5,563 | €32,472 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00137334 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00197726 | |
| 31-12-2023 | micro format | 04-06-2024 | 2024-00108152 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00097976 | |
| 31-12-2021 | micro format | 02-06-2022 | 2022-20043178 | |
| 31-12-2020 | micro format | 01-06-2021 | 2021-16100268 | |
| 31-12-2019 | micro format | 04-06-2020 | 2020-14400212 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Hoxhaj Erjon |
|
| Jetmir Hoxhaj |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, onbepaalde duur bij gebrek aan bepaling”
Articles of association, deed of 18-12-2024 (in Dutch)
Network & group
E&E PAINTERS shares no director with another company.
Companies at the same address
5 other companiesConnections & network
2 current directorsThe network starts from the directors of E&E PAINTERS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-12
Gazette deed
Change of role: Jetmir Hoxhaj, from manager to directorAmendment of the articles · Capital conversion · Reserve release14 points ▸
- General meeting, “geldig samengesteld, bevoegd om over agendapunten te beraadslagen en te besluiten” (deed in Dutch)
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “onmiddellijke opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering,niet vermelden in statuten” (deed in Dutch)
- Reserve release, 0, 12400
- Other provision, “statutenverklaring, statuten luiden als volgt” (deed in Dutch)
- Kind of shares, “Titel II:Eigen vermogen en inbrengen”, 186 (deed in Dutch)
- Director resignation, Jetmir Hoxhaj (manager)
- Director discharge, Jetmir Hoxhaj
- Board rule, 2, “Zesde beslissing” (deed in Dutch)
- Director appointment, Jetmir Hoxhaj (director (not named in the articles))
- Director in office, Hoxhaj Erjon (director)
- Power of attorney, Xavier VANHAELEMEESCH
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Algemene bouwonderneming;Het uitvoeren van bouwwerkzaamheden in de meest ruime zin,zoals onder andere verven,decoratie,afbraak,grondwerken,loodgieterij,elektriciteitswerken,schrijnwerk,schoonmaak
- Het oprichten en uitbaten van restaurants,snackbars,koffie- en theehuizen,pitazaken,nachtwinkels,dagwinkels,café’s,bars,mobiele eetgelegenheden en in het algemeen alle horeca-gelegenheden
- Catering
- Klein- en groothandel in de meest ruime zin
- In- en uitvoer van allerlei producten
- Het optreden als commissionaris
- Transport- en koerierdiensten in de meest ruime zin
- Het verpakken,conditioneren en opslaan van allerlei goederen,in de meest brede betekenis
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0723.677.111
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44019A1358/00D000 | Flanders | 3,148 m² | 1 · 1,174 m² | 8.9 m · 3 |