KEULEERS & CO
ActiveSummary
KEULEERS & CO has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €628,298. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 70% of 173 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Sawmilling and planing of wood NACE 16110and 3 others
- Joint committee
- 126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 2025
- Establishment unit
- 2.102.037.708 2820 Bonheiden, since 01-10-1950
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2026
Board and ownership
- BV DimancoChair · permanent representative Dirk Keuleers
- BV CelipalManaging director · permanent representative Erik Keuleers
- BV EancoManaging director · permanent representative Herman Keuleers
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €3.0m
- ▲ 11.6%
- Turnover
- ≈ €5.2m
- estimated
- Profit
- €628,298
- ▼ 20.4%
- Equity
- €3.5m
- ▲ 22.1%
- Total assets
- €5.0m
- ▲ 10.2%
- Employees on 31-12-2025
- 34
- ▲ 17.2%
Score breakdownlowers riskFounded in 1968Liquidity: current ratio 2.60, cash €662,805Size: 30.7 FTE, total assets €5.0mEquity €3.5m (69.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 16, small). It does better than 81% of them on solvency, 69% on liquidity, 88% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 3 directors appointed, 6 reappointedReappointments: BV Palethil, BV Celipal and 2 others · Permanent representatives: Jeroen Keuleers, Erik Keuleers and 2 others · Appointments: BV Celipal, BV Palethil and BV Dimanco
- · Gazette deed Reappointments: Eanco BV (director) and Dimanco BV (director)
- · Gazette deed Capital decrease of €200,000 to €81,600
Comparable companies
These companies have the same main activity as KEULEERS & CO: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €3.1m and €9.4m, founded between 1977 and 1990.
| Company | Total assets | Gross margin |
|---|---|---|
| KEULEERS & CO Bonheiden | €5.0m | €3.0m |
| LENZO Heusden-Zolder | €9.4m | €2.9m |
| HOUTBUIGERIJ G. DESMET Menen | €6.1m | €2.0m |
| HOUTBEDRIJF DIERICK Nazareth-De Pinte | €3.2m | €2.1m |
| CENTRE D'IMPREGNATION DES BOIS DE BELGIQUE Vielsalm | €7.2m | €4.1m |
| BRUNET Couvin | €3.1m | €1.9m |
| BELGO GARANT Westerlo | €4.5m | €1.3m |
Key facts about KEULEERS & CO
- What is the company number of KEULEERS & CO?
- The company number of KEULEERS & CO is 0403.602.350. The VAT number is the same number with BE in front: BE 0403.602.350.
- Where is KEULEERS & CO based?
- The registered office is at Berlaarbaan 100A, 2820 Bonheiden.Company details
- What does KEULEERS & CO do?
- According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
- What is the legal form of KEULEERS & CO?
- The legal form of KEULEERS & CO is Public limited company (NV).
- When was KEULEERS & CO founded?
- KEULEERS & CO was founded on 01-01-1968.
- Is KEULEERS & CO still active?
- Yes, KEULEERS & CO is an active enterprise in the KBO register.
- How many employees does KEULEERS & CO have?
- KEULEERS & CO had an average of 30.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KEULEERS & CO fall under?
- In its 2025 annual accounts, KEULEERS & CO states joint committee 126 (Paritair Comité voor de stoffering en de houtbewerking).
- What is the turnover of KEULEERS & CO?
- The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €3.0m and 1,584 comparable companies of the same size. It probably lies between €3.5m and €8.5m. It is a rough estimate.
- Is KEULEERS & CO profitable?
- In financial year 2025, KEULEERS & CO made a profit of €628,298.
- Where can I find the annual accounts of KEULEERS & CO?
- KEULEERS & CO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KEULEERS & CO due?
- KEULEERS & CO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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