Equity
€903,860 ▼ 18.5%
FUNERALCO paid out €237,895 in dividends. That is 727% of the 2025 profit.
FUNERALCO
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €532,497 (2013)
€239,376▼ 6.4%
lowest -€17,643 (2007)
€32,725▲ 10.4%
peak €1.1m (2024)
€903,860▼ 18.5%
€584,988▲ 0.4%
peak 3.2 FTE (2015)
-not published
Board5 names since 2012
5 directorsDE WAELE Joeri and 4 others
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Dividend €237,895Equity from €1.1m to €903,8601 establishment registeredInvestments €146,252Cash from €254,169 to €142,678
Key points
from the 2025 annual accountsSecurities
€555,000
Mortgage mandates, new in 2025. 61.4% of equity · not in the 2024 accounts.
Investments
€131,252 1.8 × depreciation
Green is investment, beige is depreciation.
Staff
2 employees on 31-12-2025
In 2025, 53 people joined and 53 left.
Board
1 joined · 1 left
Board changed. Latest change 01-04-2026 · 4 in office.
Position in the sector
€903,860
More equity than 95% of companies in personal services. Sector median €15,236 · 5,766 companies.
Checked score
94
Excellent
Financially stronger than 53% of micro companies in personal services (NACE 96)
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 7,626 companies (NACE 96, 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: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
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%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
5 establishment units
lowers risk
Size: total assets €1.5m
Founded in 1996
Figures for financial year 2025 (filed on 22-07-2026)
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 96, micro). It does better than 76% of them on solvency, 61% on liquidity, 52% on profitability and 24% 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, 17,041 companies had the same profile as FUNERALCO has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FUNERALCO 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 17,041 companies, not a prediction for FUNERALCO. 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 €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.23 (4.02 in 2024), above the usual 1.5. Short-term debt is 18.2% and cash 9.6% of total assets. 39.3% 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
Five signals.
lowers riskraises 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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
7 days early
2023
5 days early
2022
1 day late
2021
4 days early
2020
12 days early
2019
11 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 7 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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 27 July (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
Recent changes
New director
James De Waele appointed, CommV Acta Mundi resigned · Permanent representative: James De Waele · General meeting of 30-03-2026 · Gazette deed
New establishment in Hoogstraten
Memora Uitvaartzorg, Vrijheid 102
1 director appointed, 2 managers resigning, 3 reappointments
Reappointments: DE WAELE Joeri (statutory director), MESTDAGH Robert (director) and SMET Sonja (director) · Resignations: MESTDAGH Robert (manager) and SMET Sonja (manager) · Appointment: Acta Mundi (director) · Gazette deed
New establishment in Antwerp
Uitvaartzorg De Waele, Dorpstraat 16
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FUNERALCO Schoten | €1.5m | €239,376 | 60.7% | - |
| POMPES FUNEBRES FOSTIER Montigny-le-Tilleul | €1.5m | €235,639 | 48.3% | 1 |
| Dera Immo Quiévrain | €1.5m | €242,027 | 35.1% | - |
| KOH-I-NOOR Antwerp | €1.5m | €228,962 | 47.1% | 1.1 |
| ANNAERT JOS Puurs-Sint-Amands | €1.7m | €285,324 | 8.7% | - |
| Begrafenissen Van den Bogaert Ranst | €1.3m | €328,037 | 64.8% | - |
| DANNY CEULEMANS & C° Sint-Katelijne-Waver | €1.3m | €165,359 | 14.9% | - |
These companies have the same main activity as FUNERALCO: funeral services (NACE 96301). They are comparable in size and age: total assets between €1.3m and €1.7m, founded between 1991 and 2002.
Official details
Source: KBO- Status
- Active since 09-04-1996Normal situation
- Activity
- Funeral servicesNACE 96301
- Joint committee
- 140.02Taxis · annual accounts 2025
- Establishment units
- 2.077.973.2932180 Antwerp, since 28-08-1996
- 2.236.073.6922900 Schoten, since 01-01-2014and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €430,000estimated
- €1.5m▼ 12.0%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on FUNERALCO
FUNERALCO files the micro format. That format states no turnover. The gross margin rose from €108,111 in 2006 to €239,376 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
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 FUNERALCO
- What is the company number of FUNERALCO?
- The company number of FUNERALCO is 0457.730.231. The VAT number is the same number with BE in front: BE 0457.730.231.
- Where is FUNERALCO based?
- The registered office is at Hertendreef 15, 2900 Schoten.Company details
- What does FUNERALCO do?
- According to the KBO register, the main activity is funeral services (NACE 96301).
- What is the legal form of FUNERALCO?
- FUNERALCO is a private limited company (BV).
- When was FUNERALCO founded?
- FUNERALCO was founded on 09-04-1996.
- Is FUNERALCO still active?
- Yes, FUNERALCO is an active enterprise in the KBO register.
- How many employees does FUNERALCO have?
- FUNERALCO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FUNERALCO fall under?
- In its 2025 annual accounts, FUNERALCO states joint committee 140.02 (Taxis).
- What is the turnover of FUNERALCO?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €239,376 and 38 comparable companies (NACE 96). It probably lies between €310,000 and €490,000.
- Is FUNERALCO profitable?
- In financial year 2025, FUNERALCO made a profit of €32,725.
- Where can I find the annual accounts of FUNERALCO?
- FUNERALCO filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FUNERALCO due?
- FUNERALCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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