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EIRE & KO

Active
Private limited companyfounded 201312 yrs activeMorinnegoed(Kor) 99, 8500 Kortrijk, BelgiumKBO/BCE: BE 0541.509.032
Summary

EIRE & KO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323,017 and a net result of -€17,706. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 4735 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability62▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 7.82 against 8.22 in 2024; short-term debt: 0.8% and cash: 0% of total assets), and 0.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.2%
Return on assets
-5.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17,706
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 d early
2024
73 d early
2023
69 d early
2022
73 d early
2021
48 d early
2020
72 d early
2019
38 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 64 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 19 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

EIRE & KO was incorporated on 25 October 2013.1 Total assets fell from EUR 488,014 in 2018 to EUR 325,692 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€323,017▼ 5.2%
2024 · €340,723
Total assets
€325,692▼ 5.1%
2024 · €343,246
Net result
-€17,706▲ 18.3%
2024 · -€21,668
Working capital
€17,727▲ 11.1%
2024 · €15,957
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€25,551▼ 8.3%-€27,087▼ 6.0%-€23,292▲ 14.0%-€21,579▲ 7.4%-€17,607▲ 18.4%
Net result-€25,596below the sector's middle half▼ 8.1%-€27,250below the sector's middle half▼ 6.5%-€23,363below the sector's middle half▲ 14.3%-€21,668below the sector's middle half▲ 7.3%-€17,706below the sector's middle half▲ 18.3%
Equity€413,004above the sector's middle half▼ 5.8%€385,754above the sector's middle half▼ 6.6%€362,391above the sector's middle half▼ 6.1%€340,723above the sector's middle half▼ 6.0%€323,017above the sector's middle half▼ 5.2%
Total assets€413,313above the sector's middle half▼ 5.9%€387,889above the sector's middle half▼ 6.2%€365,128above the sector's middle half▼ 5.9%€343,246above the sector's middle half▼ 6.0%€325,692above the sector's middle half▼ 5.1%
Debt€309▼ 35.1%€2,135▲ 592%€2,737▲ 28.2%€2,523▼ 7.8%€2,675▲ 6.0%
Working capital€4,283within the sector's middle half▼ 71.4%€4,969within the sector's middle half▲ 16.0%€9,679within the sector's middle half▲ 94.8%€15,957within the sector's middle half▲ 64.9%€17,727within the sector's middle half▲ 11.1%
Solvency99.9%above the sector's middle half=99.4%above the sector's middle half▼ 0.5pp99.3%above the sector's middle half▼ 0.2pp99.3%above the sector's middle half=99.2%above the sector's middle half▼ 0.1pp
Current ratio24.37above the sector's middle half▼ 68.263.49above the sector's middle half▼ 20.884.96above the sector's middle half▲ 1.478.22above the sector's middle half▲ 3.277.82above the sector's middle half▼ 0.41
Return on assets (ROA)-6.2%below the sector's middle half▼ 0.8pp-7.0%within the sector's middle half▼ 0.8pp-6.4%within the sector's middle half▲ 0.6pp-6.3%below the sector's middle half▲ 0.1pp-5.4%below the sector's middle half▲ 0.9pp
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€25,551-€25,551Net result 2021: -€25,596-€25,596Operating result 2022: -€27,087-€27,087Net result 2022: -€27,250-€27,250Operating result 2023: -€23,292-€23,292Net result 2023: -€23,363-€23,363Operating result 2024: -€21,579-€21,579Net result 2024: -€21,668-€21,668Operating result 2025: -€17,607-€17,607Net result 2025: -€17,706-€17,70620212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€23,292-€23,300Net result 2023: -€23,363-€23,400Operating result 2024: -€21,579-€21,600Net result 2024: -€21,668-€21,700Operating result 2025: -€17,607-€17,600Net result 2025: -€17,706-€17,700202320242025
The operating result stays negative: a loss of €17,607 in 2025 against €21,579 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €325,692
Fixed assets €305,365 ▼ 6.1%
Current assets €20,328 ▲ 11.9%
Equity and liabilities €325,692
Equity €323,017 ▼ 5.2%
Debt €2,675 ▲ 6.0%
Debt's share of the balance-sheet total rises from 0.7% to 0.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,108▼
2024 · €6,343
Cash flow
€2,009▼
2024 · €6,254
Debt to equity
0.01▲
2024 · 0.01
ROE
-5.5%▲
2024 · -6.4%
Interest coverage
21.27▼
2024 · 69.28
Debt ≤ 1 year
€2,600▲
2024 · €2,209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€343,246€325,692▼
Fixed assets21/28€325,080€305,365▼
Tangible fixed assets22/27€325,055€305,340▼
Land and buildings22€228,429€227,499▼
Plant, machinery and equipment23€96,478€77,841▼
Furniture and vehicles24€148-
Financial fixed assets28€25€25=
Current assets29/58€18,166€20,328▲
Amounts receivable within one year40/41€3,018-
Other amounts receivable41€3,018-
Cash at bank and in hand54/58€272€105▼
Deferred charges and accrued income490/1€14,877€20,222▲
Equity and liabilities
Total equity and liabilities10/49€343,246€325,692▼
Equity10/15€340,723€323,017▼
Contributions10/11€640,000€640,000=
Profit (loss) carried forward14-€299,277-€316,983▼
Amounts payable17/49€2,523€2,675▲
Amounts payable within one year42/48€2,209€2,600▲
Trade debts44€1,776€2,312▲
Suppliers440/4€1,776€2,312▲
Other amounts payable47/48€433€289▼
Accrued charges and deferred income492/3€314€75▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,922€19,715▼
Other operating charges640/8€1,940€1,999▲
Non-recurring operating charges66A-€3,018
Gross operating margin9900€8,283€7,124▼
Operating profit (loss)9901-€21,579-€17,607▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€92€99▲
Recurring financial charges65€92€99▲
Profit (loss) for the period before taxes9903-€21,668-€17,706▲
Profit (loss) for the period9904-€21,668-€17,706▲
Profit (loss) for the period to be appropriated9905-€21,668-€17,706▲
Appropriation of the result
Profit (loss) to be appropriated9906-€299,277-€316,983▼
Profit (loss) brought forward from the previous period14P-€277,609-€299,277▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,517€27,922€27,922€27,922€19,715▼ 29.4%
Other operating charges640/8€1,679€1,860€1,982€1,940€1,999▲ 3.0%
Non-recurring operating charges66A----€3,018-
Gross operating margin9900€4,645€2,695€6,613€8,283€7,124▼ 14.0%
Operating profit (loss)9901-€25,551-€27,087-€23,292-€21,579-€17,607▲ 18.4%
Financial income75/76B--€9€3--
Recurring financial income75--€9€3--
Financial charges65/66B€45€163€80€92€99▲ 8.3%
Recurring financial charges65€45€163€80€92€99▲ 8.3%
Profit (loss) for the period before taxes9903-€25,596-€27,250-€23,363-€21,668-€17,706▲ 18.3%
Profit (loss) for the period9904-€25,596-€27,250-€23,363-€21,668-€17,706▲ 18.3%
Profit (loss) for the period to be appropriated9905-€25,596-€27,250-€23,363-€21,668-€17,706▲ 18.3%
Line20212022202320242025Change
Assets
Total assets20/58€413,313€387,889€365,128€343,246€325,692▼ 5.1%
Fixed assets21/28€408,846€380,924€353,002€325,080€305,365▼ 6.1%
Tangible fixed assets22/27€408,821€380,899€352,977€325,055€305,340▼ 6.1%
Land and buildings22€231,220€230,289€229,359€228,429€227,499▼ 0.4%
Plant, machinery and equipment23€152,389€133,752€115,115€96,478€77,841▼ 19.3%
Furniture and vehicles24€25,213€16,858€8,503€148--
Financial fixed assets28€25€25€25€25€25=
Current assets29/58€4,466€6,965€12,126€18,166€20,328▲ 11.9%
Amounts receivable within one year40/41--€3,020€3,018--
Other amounts receivable41--€3,020€3,018--
Cash at bank and in hand54/58€4,339€6,832€1,744€272€105▼ 61.2%
Deferred charges and accrued income490/1€128€133€7,361€14,877€20,222▲ 35.9%
Equity and liabilities
Total equity and liabilities10/49€413,313€387,889€365,128€343,246€325,692▼ 5.1%
Equity10/15€413,004€385,754€362,391€340,723€323,017▼ 5.2%
Contributions10/11€640,000€640,000€640,000€640,000€640,000=
Profit (loss) carried forward14-€226,996-€254,246-€277,609-€299,277-€316,983▼ 5.9%
Amounts payable17/49€309€2,135€2,737€2,523€2,675▲ 6.0%
Amounts payable within one year42/48€183€1,996€2,447€2,209€2,600▲ 17.7%
Trade debts44-€1,800€1,870€1,776€2,312▲ 30.2%
Suppliers440/4-€1,800€1,870€1,776€2,312▲ 30.2%
Other amounts payable47/48€183€196€577€433€289▼ 33.3%
Accrued charges and deferred income492/3€125€139€290€314€75▼ 76.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€25,596-€27,250-€23,363-€21,668-€17,706▲ 18.3%
+ Depreciation and write-downs630€28,517€27,922€27,922€27,922€19,715▼ 29.4%
Operating cash flow (approximation)€2,921€672€4,559€6,254€2,009▼ 67.9%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,493-€5,088-€1,472-€166▲ 88.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€27,250
Net result drops to -€27,250, the lowest in the series; recovery starts the following year.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
537 m²
Building footprint
187 m²
Volume, LiDAR
546 m³
Parcel 34354C0576/00L000, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EIRE & KO
Morinnegoed(Kor) 99, 8500 KortrijkFinancial service activities, except insurance and pension funding
since 20132.224.263.250
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354C0576/00L000 Flanders 537 m² 1 · 187 m² 3.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,021 companies in sector 96994 we hold annual accounts for 58. 24 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
96994Pet training
Contact
Phone 056/290285Kortrijk
E-invoicing
Reachable via Peppol
Peppol ID 0208:0541509032
Also 9925:BE0541509032
Registered 09-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.