KAUFFMANN Eddy
ActiveSummary
KAUFFMANN Eddy has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,234 and a net result of -€3,181. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-26
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 7.59 against 7.42 in 2024; short-term debt: 11.5% and cash: 58.9% of total assets), and 22.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
86 d early
2023
62 d early
2022
67 d early
2021
82 d early
2020
60 d early
2019
50 d 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 70 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€191,234▼ 1.6%
2024 · €194,415
Total assets
€247,522▼ 2.3%
2024 · €253,410
Net result
-€3,181
2024 · €7,360
Working capital
€188,019▲ 3.4%
2024 · €181,768
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€22,495€174,288€33,261▼ 80.9%€12,868▼ 61.3%€1,217▼ 90.5%
Net result-€30,998below the sector's middle half€115,461above the sector's middle half€19,999within the sector's middle half▼ 82.7%€7,360within the sector's middle half▼ 63.2%-€3,181below the sector's middle half
Equity€85,186within the sector's middle half▼ 26.7%€175,129above the sector's middle half▲ 106%€195,128above the sector's middle half▲ 11.4%€194,415above the sector's middle half▼ 0.4%€191,234above the sector's middle half▼ 1.6%
Total assets€326,309above the sector's middle half▼ 18.4%€333,962above the sector's middle half▲ 2.3%€289,386within the sector's middle half▼ 13.3%€253,410within the sector's middle half▼ 12.4%€247,522within the sector's middle half▼ 2.3%
Debt€241,123▼ 15.0%€158,833▼ 34.1%€94,258▼ 40.7%€58,995▼ 37.4%€56,288▼ 4.6%
Working capital€7,717within the sector's middle half▼ 85.4%€176,644above the sector's middle half▲ 2,189%€178,480above the sector's middle half▲ 1.0%€181,768above the sector's middle half▲ 1.8%€188,019above the sector's middle half▲ 3.4%
Solvency26.1%within the sector's middle half▼ 2.9pp52.4%within the sector's middle half▲ 26.3pp67.4%within the sector's middle half▲ 15.0pp76.7%above the sector's middle half▲ 9.3pp77.3%above the sector's middle half▲ 0.5pp
Current ratio1.13within the sector's middle half▼ 0.702.91within the sector's middle half▲ 1.793.94above the sector's middle half▲ 1.037.42above the sector's middle half▲ 3.487.59above the sector's middle half▲ 0.16
Return on assets (ROA)-9.5%below the sector's middle half▼ 12.2pp34.6%above the sector's middle half▲ 44.1pp6.9%within the sector's middle half▼ 27.7pp2.9%within the sector's middle half▼ 4.0pp-1.3%below the sector's middle half▼ 4.2pp
Staff (FTE)0.2▼ 85.7%0.1▼ 50.0%0.1=0.2▲ 100%0.1▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247,522
Fixed assets
€30,965 ▼ 28.6%
Current assets
€216,557 ▲ 3.1%
Equity and liabilities €247,522
Equity
€191,234 ▼ 1.6%
Debt
€56,288 ▼ 4.6%
Debt's share of the balance-sheet total falls from 23.3% to 22.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,894▼
2024 · €26,268
Cash flow
€10,496▼
2024 · €20,760
Quick ratio
6.93▼
2024 · 7.05
Debt to equity
0.29▼
2024 · 0.30
ROE
-1.7%▼
2024 · 3.8%
Interest coverage
3.40▼
2024 · 5.87
Debt ≤ 1 year
€28,539▲
2024 · €28,297
Debt > 1 year
€27,749▼
2024 · €30,698
Income taxes
€129▼
2024 · €1,094
Staff costs
€3,755▼
2024 · €6,197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3,600 | €170,757 | - | €19,739 | - | - |
| Remuneration, social security and pensions62 | €9,405 | €1,901 | €4,779 | €6,197 | €3,755 | ▼ 39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,533 | €40,679 | €24,135 | €13,400 | €13,677 | ▲ 2.1% |
| Other operating charges640/8 | €5,756 | €4,939 | €4,385 | €3,565 | €2,729 | ▼ 23.4% |
| Non-recurring operating charges66A | - | - | - | - | €24,684 | - |
| Gross operating margin9900 | €40,200 | €221,807 | €66,560 | €36,030 | €46,062 | ▲ 27.8% |
| Operating profit (loss)9901 | -€22,495 | €174,288 | €33,261 | €12,868 | €1,217 | ▼ 90.5% |
| Financial income75/76B | €15 | €0 | €30 | €59 | €110 | ▲ 87.4% |
| Recurring financial income75 | €15 | €0 | €30 | €59 | €110 | ▲ 87.4% |
| Financial charges65/66B | €7,846 | €17,816 | €3,052 | €4,472 | €4,379 | ▼ 2.1% |
| Recurring financial charges65 | €7,846 | €17,816 | €3,052 | €4,472 | €4,379 | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | -€30,327 | €156,473 | €30,239 | €8,455 | -€3,052 | ▼ 136% |
| Income taxes67/77 | €671 | €41,012 | €10,241 | €1,094 | €129 | ▼ 88.2% |
| Profit (loss) for the period9904 | -€30,998 | €115,461 | €19,999 | €7,360 | -€3,181 | ▼ 143% |
| Profit (loss) for the period to be appropriated9905 | -€30,998 | €115,461 | €19,999 | €7,360 | -€3,181 | ▼ 143% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326,309 | €333,962 | €289,386 | €253,410 | €247,522 | ▼ 2.3% |
| Fixed assets21/28 | €257,121 | €65,073 | €50,263 | €43,345 | €30,965 | ▼ 28.6% |
| Tangible fixed assets22/27 | €257,121 | €65,073 | €50,263 | €43,345 | €30,965 | ▼ 28.6% |
| Land and buildings22 | €189,926 | €30,546 | €25,822 | €21,098 | €16,662 | ▼ 21.0% |
| Plant, machinery and equipment23 | €12,550 | €7,524 | €10,970 | €14,680 | €11,139 | ▼ 24.1% |
| Furniture and vehicles24 | €18,095 | €16,619 | €13,471 | €7,567 | €3,163 | ▼ 58.2% |
| Leasing and similar rights25 | €36,550 | €10,385 | - | - | - | - |
| Current assets29/58 | €69,188 | €268,889 | €239,123 | €210,065 | €216,557 | ▲ 3.1% |
| Stocks and contracts in progress3 | €2,000 | - | - | €10,439 | €18,760 | ▲ 79.7% |
| Contracts in progress37 | €2,000 | - | - | €10,439 | €18,760 | ▲ 79.7% |
| Amounts receivable within one year40/41 | €31,461 | €32,299 | €30,662 | €28,133 | €49,894 | ▲ 77.3% |
| Trade receivables40 | €23,507 | €28,854 | €30,662 | €24,382 | €47,305 | ▲ 94.0% |
| Other amounts receivable41 | €7,953 | €3,445 | - | €3,751 | €2,589 | ▼ 31.0% |
| Cash at bank and in hand54/58 | €31,891 | €235,400 | €207,765 | €170,705 | €145,813 | ▼ 14.6% |
| Deferred charges and accrued income490/1 | €3,836 | €1,191 | €696 | €788 | €2,091 | ▲ 165% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326,309 | €333,962 | €289,386 | €253,410 | €247,522 | ▼ 2.3% |
| Equity10/15 | €85,186 | €175,129 | €195,128 | €194,415 | €191,234 | ▼ 1.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €66,586 | €156,529 | €176,528 | €175,815 | €172,634 | ▼ 1.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | €6,370 | €6,370 | €6,370 | €6,370 | €6,370 | = |
| Distributable reserves133 | €58,356 | €148,299 | €168,298 | €169,445 | €166,264 | ▼ 1.9% |
| Amounts payable17/49 | €241,123 | €158,833 | €94,258 | €58,995 | €56,288 | ▼ 4.6% |
| Amounts payable after more than one year17 | €179,652 | €64,468 | €32,622 | €30,698 | €27,749 | ▼ 9.6% |
| Financial debts170/4 | €139,114 | €26,373 | €20,905 | €17,988 | €14,936 | ▼ 17.0% |
| Other amounts payable178/9 | €40,538 | €38,095 | €11,716 | €12,710 | €12,813 | ▲ 0.8% |
| Amounts payable within one year42/48 | €61,471 | €92,245 | €60,643 | €28,297 | €28,539 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | €42,236 | €13,295 | €5,468 | €2,917 | €3,052 | ▲ 4.6% |
| Trade debts44 | €19,235 | €9,913 | €3,188 | €13,641 | €25,487 | ▲ 86.8% |
| Suppliers440/4 | €19,235 | €9,913 | €3,188 | €13,641 | €25,487 | ▲ 86.8% |
| Taxes, remuneration and social security45 | - | €43,521 | €51,987 | €3,666 | - | - |
| Taxes450/3 | - | €43,521 | €51,987 | €3,666 | - | - |
| Other amounts payable47/48 | - | €25,517 | - | €8,073 | - | - |
| Accrued charges and deferred income492/3 | - | €2,120 | €994 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,998 | €115,461 | €19,999 | €7,360 | -€3,181 | ▼ 143% |
| + Depreciation and write-downs630 | €47,533 | €40,679 | €24,135 | €13,400 | €13,677 | ▲ 2.1% |
| Operating cash flow (approximation) | €16,535 | €156,139 | €44,133 | €20,760 | €10,496 | ▼ 49.4% |
| Investment in fixed assets (approximation) | - | €151,369 | -€9,325 | -€6,482 | -€1,297 | ▲ 80.0% |
| Change in cash | - | €203,508 | -€27,634 | -€37,060 | -€24,892 | ▲ 32.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €115,461
Net result €115,461 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.91
Current ratio from 1.13 to 2.91.
31-12
Financial
Equity above €150,000Eq €175,129 ▲106%
Equity rises from €85,186 to €175,129.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€30,998
Net result drops to -€30,998, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €105,489 ▲9%
2 profitable years in a row build equity to €105,489.
Show earlier events
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 2010
Ground area
1,293 m²
Building footprint
252 m²
Volume, LiDAR
1,526 m³
Parcel 72033B0081/00H000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAUFFMANN Eddy
since 20102.188.872.306
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B0081/00H000 | Flanders | 1,293 m² | 1 · 252 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,457 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43230Insulation installation
43343Specialised construction activities
43410Roofing work
47559Retail sale of other household articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0826330726
Also
9925:BE0826330726
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.