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FURNIFY

Active
Private limited companyfounded 2022active for 3 yearsBraamstraat 6/16, 9940 Evergem, Belgium18 active companies are registered at this addressKBO/BCE: BE 0794.505.818
Summary

The computed 12-month bankruptcy probability of FURNIFY is 9.7% (elevated). The 2025 annual accounts show equity of €23,144 and a net result of €12,180. Its solvency ranks better than 17% of 34,143 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€160,729total assets 2025
Staff
1.3 FTE
Equity
€23,144
Profit
€12,180
Turnover not published (micro format)
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.7%
Structure
Accounts filed 66 days late3 of 5 deeds read
Why 32raises riskFounded in 2022Latest accounts 67 days late; 1 of the last 3 lateLiquidity: current ratio 1.17, cash €26, halved1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 39% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 39-1
equity 14.4% of total assets
Liquidity 16-5
short-term debt 65.1% · cash 0.0%
Profitability 70-13
return on assets 7.6%
Bankruptcy probability, 12 months
9.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 3.2% 12-2024: 3.3%▲ +0.1 percentage points vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 2.9%▼ -0.4 percentage points vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.9%● unchanged vs 05-2025 07-2025: 2.8%▼ -0.1 percentage points vs 06-2025 08-2025: 2.7%▼ -0.1 percentage points vs 07-2025 09-2025: 2.5%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: 2.6%▲ +0.1 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 4.8%▲ +2.2 percentage points vs 12-2025 02-2026: 5.7%▲ +0.9 percentage points vs 01-2026 03-2026: 6.0%▲ +0.3 percentage points vs 02-2026 04-2026: 8.7%▲ +2.7 percentage points vs 03-2026 05-2026: 8.9%▲ +0.2 percentage points vs 04-2026 06-2026: 8.9%● unchanged vs 05-2026 07-2026: 8.9%● unchanged vs 06-2026 08-2026: 8.5%▼ -0.4 percentage points vs 07-2026 09-2026: 8.4%▼ -0.1 percentage points vs 08-2026 10-2026: 9.7%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.17, compared with 1.38 in 2024, below the usual 1.5; short-term debt: 65.1% and cash: 0% of total assets), and 85.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 17% on solvency, 9% on liquidity, 38% on profitability and 92% on growth.

The bankruptcy probability was computed on 14-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 67 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.17, cash €26, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 34143 sector peers (2025).
NBB · sector comparison
Position among 34143 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-04-2026, 66 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
66 days late
2024
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 43 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end15-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: VAN OVERBEKE Stefan (investeerder bestuurder)Share issue · Capital contribution…
  3. Resignation: Joachim Schouten (sole director)Appointments: Joachim Schouten (oprichter bestuurder)…

Key points

  • Caution: Among the weakest 18% on solvencysector median 46.9% · 34,143 companies 14.4% View
  • Caution: Latest accounts filed lateafter the legal deadline 66 days View
  • New directorlatest change 29-12-2025 · 1 in office 1 joined View
  • Flemish supportawarded from 2023 to 2025 €63,485 View

By topic

Financials

Financial year
2025
Total assets
€160,729
Profit
€12,180
Solvency
14.4%
Total assets▲ 127%
Net result
20242025
Go to Financials

Timeline

Events
5
Since
2025
Next accounts
by 31-01-2027
  1. 09-07-2025Capital & shares · Purpose · Amendment…
  2. 20-02-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
07-12-2022
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
48
Annual meeting
Third Monday of December at 10:00
Purpose
“Industriële,handels-,financiële,onroerende handelingen rechtstreeks of onrechtstreeks…” (deed in Dutch)
Go to Articles of association

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