Equity
€1.5m ▲ 15.8%
EFK GLASS paid out €500,000 in dividends. That is 71% of the 2025 profit.
EFK GLASS
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €1.5m (2024)
€1.2m▼ 24.3%
peak €1.0m (2024)
€704,030▼ 29.9%
peak €1.5m (2025)
€1.5m▲ 15.8%
€2.3m▲ 16.3%
peak 8.4 FTE (2011)
2.5 FTE▼ 3.8%
Board2 names since 2020
1 directorEFK INTERNATIONAL NV
Owners2 names in the annual accounts
Documentsfilings and deeds
05-06-202656 days before the deadline
2025abbreviated format
Gross margin from €1.5m to €1.2mResult from €1.0m to €704,030Dividend €500,000Equity from €1.3m to €1.5mDebts from €1.9m to €2.3mCash from €953,819 to €1.8m
Key points
from the 2025 annual accountsResult
€704,030 ▼ 29.9%
The result fell in 2025 from €1.0m to €704,030.
Turnover
≈ €3.3m estimated
The abbreviated format states no turnover.
Staff
2.5 FTE from 8.4 in 2011
Between 2011 and 2025, 70% of the full-time equivalents disappeared.
Filings
21 annual accounts since 2005
The last five annual accounts were filed 30 to 56 days before the end of the period.
Position in the sector
€704,030
Higher net result than 95% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
Checked score
95
Excellent
Financially stronger than 63% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: 2.5 FTE, total assets €3.7m
Figures for financial year 2025 (filed on 09-06-2026)
Liquidity: current ratio 1.69, cash €1.8m
Founded in 2003
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 43% of them on solvency, 68% on liquidity, 78% on profitability and 63% 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as EFK GLASS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EFK GLASS itself: < 0.1% 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 31,368 companies, not a prediction for EFK GLASS. 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
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.69 (1.68 in 2024), above the usual 1.5. Short-term debt is 58.7% and cash 48.9% of total assets. However, 60.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 days early
2024
44 days early
2023
44 days early
2022
40 days early
2021
30 days early
2020
53 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 40 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EFK INTERNATIONAL 100%equity €5.6m (2025) · 2025 annual accounts of EFK INTERNATIONAL
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861136702
Registered office moved from Antwerp to Wervik
New registered office: Menensesteenweg 295, 8940 Wervik · Previous registered office: Luitenant Lippenslaan 60, 2140 Antwerpen · Gazette deed
Resignation: NASTAT (director)
Permanent representative: Hans DE STAERCKE · General meeting of 14-12-2020 · Gazette deed
First establishment
Menensesteenweg 295, Wervik
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EFK GLASS Wervik | €3.7m | €1.2m | 39.9% | 2.5 |
| HOBBYSERRES STAPPAERTS Kasterlee | €3.8m | €1.4m | 61.3% | 4.6 |
| GLASMAAT Vilvoorde | €2.2m | €0.4m | 18.7% | 3.8 |
| Gracien MAENHOUT Aalter | €2.4m | €0.5m | 89.1% | 4 |
| GLASWERKEN VAN REGENMORTEL Herselt | €2.0m | €0.8m | 54.0% | 6.7 |
| Bright Light Duffel | €2.4m | €1.0m | 57.2% | 6 |
| VITRERIE VINCENT GLASS Charleroi | €2.4m | €1.1m | 61.6% | - |
These companies have the same main activity as EFK GLASS: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €2m and €3.8m, founded between 1977 and 2011.
Official details
Source: KBO- Status
- Active since 17-10-2003Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Specialised construction activitiesNACE 43343and 1 other
- Joint committee
- 149.02Coachwork · annual accounts 2025
- Establishment unit
- 2.273.138.7788940 Wervik, since 01-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2025
Annual accounts 2025
- €3.7m▲ 16.1%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 05-06-2026, 56 days before the end of the filing period
Companies linked to EFK GLASS
Parent and group
Insights on EFK GLASS
EFK GLASS files the abbreviated format. That format states no turnover. The gross margin rose from €399,673 in 2007 to €1.2m in 2025.
EFK INTERNATIONAL holds all the shares.
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 EFK GLASS
- What is the company number of EFK GLASS?
- The company number of EFK GLASS is 0861.136.702. The VAT number is the same number with BE in front: BE 0861.136.702.
- Where is EFK GLASS based?
- The registered office is at Menensesteenweg 295, 8940 Wervik.Company details
- What does EFK GLASS do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43343).
- What is the legal form of EFK GLASS?
- EFK GLASS is a private limited company (BV).
- When was EFK GLASS founded?
- EFK GLASS was founded on 17-10-2003.
- Is EFK GLASS still active?
- Yes, EFK GLASS is an active enterprise in the KBO register.
- How many employees does EFK GLASS have?
- EFK GLASS had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EFK GLASS fall under?
- In its 2025 annual accounts, EFK GLASS states joint committee 149.02 (Coachwork).
- What is the turnover of EFK GLASS?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.2m and 67 comparable companies (NACE 43). It probably lies between €2.5m and €4.4m.
- Is EFK GLASS profitable?
- In financial year 2025, EFK GLASS made a profit of €704,030.
- Where can I find the annual accounts of EFK GLASS?
- EFK GLASS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EFK GLASS due?
- EFK GLASS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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