Equity
€745,766 from €2.0m in 2014
Equity fell by 63% in 11 years.
KAFIL
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €1.3m (2007)
€69,642▲ 3.0%
lowest -€301,916 (2025)
-€301,916▼ €112,733
peak €2.0m (2014)
€745,766▼ 28.8%
€472,769▲ 16.6%
peak 8.3 FTE (2014)
3 FTE▼ 25.0%
Board4 names since 2020
1 director
Owners
50%
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Loss of €301,916Staff from 4 FTE to 3 FTEEquity from €1.0m to €745,766Debts from €405,341 to €472,769
Key points
from the 2025 annual accountsLosses
-€491,100 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Staff
3 FTE from 8.3 in 2014
Between 2014 and 2025, 64% of the full-time equivalents disappeared.
Payment terms
23 days to suppliers
KAFIL pays its suppliers 19 days later than in 2024. Customers pay 51 days earlier.
Filings
30 annual accounts since 1996
Nine of the last ten came late. The 2022 accounts came latest: 58 days after the end of the period.
Position in the sector
-€301,916
Lower net result than 91% of companies in wholesale trade. Sector median €110,264 · 6,126 companies.
Net result -60%: branch of activity transferred
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as KAFIL has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 5,831 companies, not a prediction for KAFIL. 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
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Signals
Board and ownership
last known boardDirector, until 2026
- 50%score equity €2.7m (2025) · 2025 annual accounts of KAFIL HOLDING
Recent changes
Registered office moved from Soignies to Saint-Vith
New registered office: Heckingstraße 7, 4780 Saint-Vith · Previous registered office: Chemin de la Longue Borne 15, 7060 Soignies · Resignations: (director) and (director) · General meeting of 01-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456878611
Demerger: KAFIL splits off to KAFIL HOLDING
Capital from €62,000 to €60,736.77 · Capital from €60,736.77 to €62,000 · holds 5 shares · General meeting of 13-03-2024 · Gazette deed
Demerger proposal: KAFIL splits off to KAFIL HOLDING
Capital increase of €1,263.23 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KAFIL Saint-Vith | €404,334 | -75.8% | 61.2% | 3 |
| AIR VISION Ottignies-Louvain-la-Neuve | - | - | 60.6% | 2 |
| TVV SOUND PROJECT Nazareth-De Pinte | - | - | 0.4% | 2.6 |
| SOFINPAC Ham-sur-Heure-Nalinnes | - | - | 97.3% | 2 |
| VERSTRAETE Braine-le-Château | €844,904 | -4.3% | 57.0% | 1.8 |
| UNIBEL TECH Tielt | - | - | 36.2% | 1.5 |
| HYDRO TOOLS S.A. - N.V. Olne | - | - | 78.7% | 1.3 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as KAFIL: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €752,000 and €2m, founded between 1990 and 2000.
Official details
Source: KBO- Status
- Active since 20-12-1995Normal situation
- Activity
- Wholesale of other machinery and equipmentNACE 46649
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.075.037.9554780 Saint-Vith, since 05-02-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on KAFIL
KAFIL has existed since 1995. The gross margin fell from €418,514 in 2023 to €67,596 in 2024.
Solvency fell in 2025 from 72.1% to 61.2% because of the loss and higher debts to suppliers.
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 KAFIL
- What is the company number of KAFIL?
- The company number of KAFIL is 0456.878.611. The VAT number is the same number with BE in front: BE 0456.878.611.
- Where is KAFIL based?
- The registered office is at Heckingstrasse 7, 4780 Saint-Vith.Company details
- What does KAFIL do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of KAFIL?
- KAFIL is a public limited company (NV).
- When was KAFIL founded?
- KAFIL was founded on 20-12-1995.
- Is KAFIL still active?
- Yes, KAFIL is an active enterprise in the KBO register.
- How many employees does KAFIL have?
- KAFIL had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KAFIL fall under?
- In its 2025 annual accounts, KAFIL states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of KAFIL?
- The turnover of KAFIL was €404,334 in financial year 2025, according to the filed annual accounts.
- Is KAFIL profitable?
- In financial year 2025, KAFIL made a loss of €301,916.
- Where can I find the annual accounts of KAFIL?
- KAFIL filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KAFIL due?
- KAFIL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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