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Focquaert Niels

Active
Private limited companyfounded 2023active for 3 yearsSteenoven 10, 8730 Beernem, BelgiumKBO/BCE: BE 1000.539.459
Summary

The computed 12-month bankruptcy probability of Focquaert Niels is 2.2% (moderate). The 2025 annual accounts show equity of €36,223 and a net result of €18,828. Its solvency ranks better than 36% of 9,926 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-09-2023 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.350.646.035 8730 Beernem, since 01-10-2023
Financial year end
31 December
Peppol
Reachable since 06-11-2023

Board and ownership

Board
Shareholders
  • Focquaert Nielsdeed of 03-10-2023

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
€32,038
▲ 25.3%
Turnover
≈ €140,000
estimated
Profit
€18,828
▲ 51.9%
Equity
€36,223
▲ 108%
Total assets
€110,747
▲ 35.4%
Score breakdownraises riskFounded in 2023Size: total assets €110,747Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.22, cash €1,613, halvedShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 58+12
equity 32.7% of total assets
Liquidity 34-13
short-term debt 37.7% · cash 1.5%
Profitability 90+2
return on assets 17.0%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 1.9%lowest value 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.5%▼ -0.2 percentage points vs 04-2025 06-2025: 2.6%▲ +0.1 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 2.6%● unchanged vs 07-2025 09-2025: 2.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.8%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.5%▼ -0.3 percentage points vs 05-2026 07-2026: 2.2%▼ -0.3 percentage points vs 06-2026 08-2026: 2.2%● unchanged vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026 11-2026: 2.2%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (2.31 in 2024), above the usual 1.5. Short-term debt is 37.7% and cash 1.5% of total assets. However, 67.3% of the assets are financed with debt and provisions.
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 34% of them on solvency, 23% on liquidity, 76% on profitability and 92% on growth.

The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

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Signals

Five signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €110,747
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 2.22, cash €1,613, halved
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
38 days early
2024
121 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 80 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.
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Less equity than 82% of companies in specialised constructionsector median €251,011 · 9,928 companies €36,223 View

Recent changes

  1. · Gazette deed IncorporationFounding capital of €5,000, 1,000 shares · Appointment: Focquaert Niels (director) · Founder: Focquaert Niels
All 3 events

Comparable companies

These companies have the same main activity as Focquaert Niels: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €100,000 and €119,000, founded in 2023.

CompanyTotal assetsGross margin
Focquaert Niels Beernem€110,747€32,038
LD Electric Hooglede€100,285€40,395
Asildas Menen€105,691€25,797
DESMA SRL Villers-la-Ville€112,727€33,734
EML Soumagne€118,634€33,010
ELEKTRICITEITSWERKEN HABILS DENNIS Pepingen€100,409€32,802
D.R.S. ELEC Dour€106,680€29,628
Full comparison

Key facts about Focquaert Niels

What is the company number of Focquaert Niels?
The company number of Focquaert Niels is 1000.539.459. The VAT number is the same number with BE in front: BE 1000.539.459.
Where is Focquaert Niels based?
The registered office is at Steenoven 10, 8730 Beernem.Company details
What does Focquaert Niels do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Focquaert Niels?
Focquaert Niels is a private limited company (BV).
When was Focquaert Niels founded?
Focquaert Niels was founded on 29-09-2023.
Is Focquaert Niels still active?
Yes, Focquaert Niels is an active enterprise in the KBO register.
What is the turnover of Focquaert Niels?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €32,038 and 62 comparable companies (NACE 43211). It probably lies between €96,000 and €210,000.Financials
Is Focquaert Niels profitable?
In financial year 2025, Focquaert Niels made a profit of €18,828.
Where can I find the annual accounts of Focquaert Niels?
Focquaert Niels filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Focquaert Niels due?
Focquaert Niels must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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