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Complete company report
Generated 22-07-2026
Active BE 1005.909.301Private limited company

KAER

Leoniastraat 15 ·3970 Leopoldsburg, Belgium· 2 yrs active
Sector: Tiling (43331)
Conclusion Checked

The computed 12-month bankruptcy probability of KAER is 2.7% (moderate). The 2024 annual accounts show equity of €14k and a net result of €14k. Its solvency ranks better than 87% of 11063 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €14k
Net result €14k
Better than sector 87%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability100Solvency100Growth50Stability67
83 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 100
Solvency 100
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 74.4% 40.9%
better than 87% of 11063 sector peers
Net result €14k €11k
better than 55% of 11045 sector peers
Equity €14k €34k
better than 27% of 11066 sector peers
Gross operating margin €21k €35k
better than 36% of 11036 sector peers
Total assets €19k €93k
better than 8% of 11063 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue€71k
EBITDA€21k
Net profit€14k
Cash flow€17k
Staff costs-
Income taxes€4k
Dividends-
Total assets€19k
Equity€14k
Debt€5k
of which ≤ 1y€5k
of which > 1y-
Working capital€11k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.35
Quick ratio3.35
Working capital ratio60.2%
Solvency74.4%
Debt / equity0.34
Long-term debt ratio-
Interest coverage78.87
Gross margin29.9%
Net margin19.8%
ROA74.4%
ROE100.0%
EBITDA margin28.9%
Days sales outstanding47d
Days payable outstanding10d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€19k
Fixed assets 21/28€3k
Formation expenses 20€190
Tangible fixed assets 22/27€3k
Current assets 29/58€16k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€19k
Equity 10/15€14k
Accumulated profits (losses) 14€14k
Amounts payable 17/49€5k
Amounts payable within one year 42/48€5k
Trade debts payable within one year 44€1k
Income statement
Turnover 70€71k
Gross operating margin 9900€21k
Operating result 9901€18k
Financial income 75€43
Financial charges 65€261
Result before taxes 9903€18k
Income taxes 67/77€4k
Net result for the period 9904€14k
Result to be appropriated 9905€14k
Ratios computed by Checked.
Legal Structure
NACE primary Tiling(43331)
Legal form Private limited company(610)
Incorporation12-02-2024
StatusActive
Postal code3970
Establishment units 1 location
KAER
Leoniastraat 15, 3970 LeopoldsburgStukadoorswerk
since 20242.355.835.931
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71034A3894/00E000 Flanders 582 m² 1 · 79 m² 6.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
31-10-2025
State Gazette act Registered-office change
v3.2
29-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
14-02-2024
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
Address history · 1
31-10-2025
v3.2
All acts · 2 updated 8 months ago
2025
31-10-2025 Registered office moved within Leopoldsburg Registered-office change
  • Maarschalk Fochstraat 37, 3970 Leopoldsburg → Leoniastraat 15, 3970 Leopoldsburg
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Leopoldsburg",
        "region": null,
        "street": "Leoniastraat",
        "country": "BE",
        "postcode": "3970",
        "box_number": null,
        "street_number": "15"
      },
      "old_address": {
        "city": "Leopoldsburg",
        "region": null,
        "street": "Maarschalk Fochstraat",
        "country": "BE",
        "postcode": "3970",
        "box_number": "2",
        "street_number": "37"
      },
      "effective_date": "2024-12-01",
      "evidence_quote": "Bij bijzondere algemene vergadering op 01 december 2024 werd beslist om de maatschappelijke zetel te verplaatsen naar Leoniastraat 15, 3970 Leopoldsburg"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1005.909.301",
    "name_full": "KAER",
    "legal_form": "BV"
  }
}
2024
14-02-2024 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "3970 Leopoldsburg, Maarschalk Fochstraat 37 bus 2",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "RUFAD Erhan Nedzhime",
        "niss": null,
        "address": "3970 Leopoldsburg, Maarschalk Fochstraat 37 bus 2"
      },
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1500,
      "holder_person_name": "RUFAD Erhan Nedzhime",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 1500,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "MYUMYUN Kemal Apturahim",
        "niss": null,
        "address": "3970 Leopoldsburg, Maarschalk Fochstraat 37 bus 2"
      },
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1500,
      "holder_person_name": "MYUMYUN Kemal Apturahim",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 1500,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 3000,
  "subject_company": {
    "kbo": "1005.909.301",
    "name_full": "KAER",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2024-02-09",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloerbedekking en wandbekleding van hout43332Metselwerk43910Uitvoeren van metsel- en voegwerken43994
Primary activity highlighted.
Names & trade names
Legal nameNL KAER
Registered office
Leoniastraat 15
3970 Leopoldsburg, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative