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FKV

Active Public limited companyfounded 1992active for 34 yearsSchijnpoortweg 137, 2170 AntwerpKBO/BCE: BE 0447.740.320

Lifetime

18 annual accounts with figures on one time axis, 33 filings since 1992
peak €528,819 (2018)
€226,614▲ 57.5%
lowest -€121,412 (2016)
€83,739▲ €107,262
peak €1.0m (2012)
€538,106▲ 18.4%
€1.2m▼ 5.6%
peak 1 FTE (2012)
-not published
Board4 names since 2010
2 directorsFrank Boschman and 1 other
Documentsfilings and deeds
28-01-20263 days before the deadline
2025abbreviated format
Gross margin from €143,872 to €226,614Back to profit: €83,739Equity from €454,367 to €538,106

Key points

from the 2025 annual accounts

Equity

€538,106 from €1.0m in 2012

Equity fell by 46% in 13 years.

Result

€83,739 €83,739
-€23,5002024€83,7002025

Back in profit in 2025, after a loss of €23,524 in 2024.

Turnover

≈ €330,000 estimated

The abbreviated format states no turnover.

Investments

€512 0.0 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

33 annual accounts since 1992
deadline200020102020

Two of the last ten came late. The 2022 accounts came latest: 329 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 55% of micro companies in real estate (NACE 68)
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: 0.2% across 26,627 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.3 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.5%▼ -0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.7%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 0.1%▼ -0.6 percentage points 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%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

55+4equity 30.3% of total assets
36-33short-term debt 35.1% · cash 1.0%
75+11return on assets 4.7%

Score breakdown

raises risk
Liquidity: current ratio 1.00, cash €18,189
lowers risk
Size: total assets €1.8m
Founded in 1992
Figures for financial year 2025 (filed on 29-01-2026)
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 68, micro). It does better than 49% of them on solvency, 28% on liquidity, 69% on profitability and 74% on growth.

The bankruptcy probability was computed on 10-11-2026 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).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as FKV has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • 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.

That fits the bankruptcy probability of FKV itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 14,766 companies, not a prediction for FKV. 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 €50,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.0 (0.75 in 2024), below the usual 1.5. Short-term debt is 35.1% and cash 1% of total assets. 69.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.00, cash €18,189
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 29-01-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €538,106
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
on the day
2023
9 days early
2022
329 days late
2021
on the day
2020
54 days late
2019
on the day
← 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 53 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KL
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447740320
Reappointments: Karin Lemmens (director) and Frank Boschman (chair of the board) General meeting of 23-12-2023 · Gazette deed
Registered office moved from Nijlen to Merksem New registered office: Schijnpoortweg 137 2170 Merksem · Previous registered office: Elsendonkstraat 146- 2560 Nijlen · Appointments: Frank Boschman (managing director) and Karin Lemmens (director) · Board meeting of 26-01-2018 · Gazette deed
First establishment Schijnpoortweg 137, Antwerp
All 46 events

Comparable companies

same main activity, similar in size and age
Company
FKV Antwerp €1.8m €226,614 30.3% -
MUYSHONDT INVEST Bornem €1.6m €212,240 39.1% -
IMMOGO Mortsel €1.9m €198,296 36.2% -
BENELUCK Lint €1.9m €227,324 -0.3% -
MEUBELHAL TISSELT Willebroek €2.0m €222,230 51.5% 1
STRUGICRAN Wommelgem €1.5m €203,491 45.1% -
AsterX Immo Aartselaar €1.8m €195,473 0.7% 0

These companies have the same main activity as FKV: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.5m and €2m, founded between 1988 and 1992.

Official details

Source: KBO
Status
Active since 25-06-1992Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
Establishment unit
2.058.234.5852170 Antwerp, since 09-07-1992
Financial year end
30 June
Peppol
Reachable since 23-09-2025
Company details

Annual accounts to 30-06-2025

€1.8m▲ 0.6%
Filing
Filed on 28-01-2026, 3 days before the end of the filing period
Financials

Insights on FKV

FKV files the abbreviated format. That format states no turnover. The gross margin rose from €120,377 in 2008 to €226,614 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.

Key facts about FKV

What is the company number of FKV?
The company number of FKV is 0447.740.320. The VAT number is the same number with BE in front: BE 0447.740.320.
Where is FKV based?
The registered office is at Schijnpoortweg 137, 2170 Antwerp.Company details
What does FKV do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of FKV?
FKV is a public limited company (NV).
When was FKV founded?
FKV was founded on 25-06-1992.
Is FKV still active?
Yes, FKV is an active enterprise in the KBO register.
What is the turnover of FKV?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €226,614 and 31 comparable companies (NACE 68201). It probably lies between €250,000 and €450,000.Financials
Is FKV profitable?
In financial year 2025, FKV made a profit of €83,739.
Where can I find the annual accounts of FKV?
FKV filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FKV due?
FKV must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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