ENEMAN & CO

Active

Public limited companyfounded 198936 yrs activeBaliestraat(Mar) 3, 8510 Kortrijk, BelgiumKBO/BCE: BE 0439.018.931

Summary

ENEMAN & CO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€162,189) and a net result of €13,615. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

ENEMAN & COActiveChecked score 54/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€118,262total assets 2025

Equity: -€162,189
Profit: €13,615

Turnover not published (abridged schema)

Financial health

54 Fair Checked score 2025

Bankruptcy chance 12 m: 0.6%

Structure

Parent: TERRAMICI · 79.03%

Accounts 87 d early0 of 8 deeds read

Why 54Capped at 59: negative equity- 1 change of registered office in 24 months- Negative equity -€162,189+ Size: total assets €118,262+ Founded in 1989Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 32% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Negative equity caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -137.1% of total assets

Liquidity 27+22

short-term debt 237.1% · cash 21.2%

Profitability 66+66

return on assets 11.5%

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).

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 1.6%▲ +117% vs 12-2024 02-2025: 1.6%● 0.0% vs 01-2025 03-2025: 1.6%● 0.0% vs 02-2025 04-2025: 1.6%▲ +3.3% vs 03-2025 05-2025: 1.8%▲ +7.2% vs 04-2025 06-2025: 2.2%▲ +23.4% vs 05-2025 07-2025: 2.5%▲ +12.7% vs 06-2025 08-2025: 3.1%▲ +26.8% vs 07-2025highest value 09-2025: 1.8%▼ -43.1% vs 08-2025 10-2025: 1.8%● 0.0% vs 09-2025 11-2025: 1.8%● 0.0% vs 10-2025 12-2025: 1.8%● 0.0% vs 11-2025 01-2026: 1.8%● 0.0% vs 12-2025 02-2026: 1.8%● 0.0% vs 01-2026 03-2026: 1.8%● 0.0% vs 02-2026 04-2026: 1.8%▲ +3.5% vs 03-2026 05-2026: 2.0%▲ +7.0% vs 04-2026 06-2026: 0.6%▼ -69.7% vs 05-2026lowest value 07-2026: 0.6%● 0.0% vs 06-2026lowest value 08-2026: 0.6%● 0.0% vs 07-2026lowest value 09-2026: 0.6%● 0.0% vs 08-2026lowest value 10-2026: 0.6%● 0.0% vs 09-2026lowest value

Size: total assets €118,262 lowers the probability for this profile
1 change of registered office in 24 months raises the probability
Negative equity -€162,189 raises the probability
Founded in 1989 lowers the probability for this profile

No credit on open account

Liquidity short (current ratio 0.16 against 0.01 in 2024; short-term debt: 237.1% and cash: 21.2% of total assets), and equity is negative.

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 (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 15%, profitability 44%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €118,262

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Negative equity -€162,189

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 1989

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-05-2026, 87 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

87 d early

2024

26 d late

2023

79 d early

2022

25 d early

2021

24 d early

2020

19 d early

2019

15 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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 6 July (4 of the last 5 filed years within 53 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

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