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KAEFER België

Active
Public limited companyfounded 1991active for 34 yearsEurolaan 7, 9140 Temse, BelgiumKBO/BCE: BE 0445.887.323
Summary

KAEFER België has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.7m and a net result of €4.1m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 43% of 2,406 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Insulation installation
NACE 43230
2nd largest employer in Temse, Construction sector1 site
Size
€53.3mturnover 2025
Staff
265.9 FTE
Equity
€8.7m
Profit
€4.1m
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
KAEFER International GmbH · 51%
Auditor: Ernst & Young Bedrijfsrevisoren BVAccounts 37 days early1 of 18 deeds read
Why 88raises riskLiquidity: current ratio 1.15, cash €431Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1991Size: turnover €53.3m, 265.9 FTE, total assets €23.2mShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 43, large)
Financial strength · tick = 2024
Strong
Solvency 63+4
equity 37.5% of total assets
Liquidity 26+11
short-term debt 47.8% · cash 0.0%
Profitability 83+15
return on assets 17.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (36 companies, NACE 43, large)
Last 24 months 11-2024: 1.3% 12-2024: 1.2%▼ -0.1 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.1%▼ -0.1 percentage points vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.4%▲ +0.2 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025highest value 07-2025: 0.7%▼ -0.7 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.4%▼ -0.3 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.15, compared with 1.13 in 2024, below the usual 1.5; short-term debt: 47.8% and cash: 0% of total assets), and 62.5% 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, large): better than 82% on solvency, 48% on liquidity, 94% on profitability and 86% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.15, cash €431
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: turnover €53.3m, 265.9 FTE, total assets €23.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
51 days early
2023
43 days early
2022
48 days early
2021
61 days early
2020
43 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Anthonie Pieter NEDERLOF (director) and…Appointment: BELTRATEC BV (director) ·…
  3. Highest result from 2018 to 2025net €4.1m ▲179%

Key points

  • Positive: Result rose in 2025from €1.5m to €4.1m ▲ 179% View
  • Positive: Among the best 5% on net resultsector median €42,266 · 2,407 companies €4.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €4.1m 8 years View
  • Controlled by KAEFER International GmbHknown shareholders 100% 51% View
  • A director leftlatest change 22-01-2026 · 2 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€53.3m
Profit
€4.1m
Solvency
37.5%
Turnover▲ 21.8%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
KAEFER International GmbH · 51%
Known shareholders
100%
Auditor
Ernst & Young Bedrijfsrevisoren…
  • BeltratecDirector
  • Christopher HUNTERManaging director
Go to Board & ownership

Timeline

Events
38
Since
1993
Next accounts
by 31-07-2027
  1. 10-06-2025Annual accounts filed
  2. 18-06-2024Annual accounts filed
  3. 31-12-2023Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Insulation installationNACE 43230
Founded
06-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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