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Kingspan Unidek

Active
Public limited companyfounded 1928active for 98 yearsBouwelven 17, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0402.031.148
Summary

Kingspan Unidek has been active since 1928 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €46,936. Equity has been growing by about 2.9% per year since 2018. Its solvency ranks better than 95% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-05-1928 Normal situation
Activity
Agents in the wholesale of timber and building materials NACE 46130and 2 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.005.859.535 2280 Grobbendonk, since 01-06-1971
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
and 1 other
Shareholders
  • JORIS IDE· score 902025 annual accounts of JORIS IDE
  • Kingspan Group Plcannual accounts 2025

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€493,969
Turnover
≈ €2.5m
estimated
Profit
€46,936
▼ 77.9%
Equity
€4.2m
▲ 1.1%
Total assets
€4.4m
▲ 1.3%
Employees on 31-12-2025
4
=
Score breakdownraises riskLiquidity: current ratio 19.91lowers riskFounded in 1928Size: 3.9 FTE, total assets €4.4mEquity €4.2m (95.0% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 95.0% of total assets
Liquidity 100=
short-term debt 5.0%
Profitability 40-10
return on assets 1.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.91 (20.76 in 2024), above the usual 1.5. Short-term debt is 5% of total assets. 5% of the assets are financed with debt and provisions.
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 46, micro). It does better than 90% of them on solvency, 98% on liquidity, 32% on profitability and 45% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 19.91
NBB · annual accounts
lowers risk · Founded in 1928
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 3.9 FTE, total assets €4.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €4.2m (95.0% of total assets)
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
36 days early
2023
23 days early
2022
25 days early
2021
12 days early
2020
54 days early
2019
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €212,635 to €46,936 ▼ 77.9% View
  • Positive: Oldest company in Grobbendonkin the Checked rankings No. 1 View
  • Board changedlatest change 01-12-2025 · 4 in office 2 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Appointments: Michiel Verbraak (director) and Mark James Connor (director)Resignations: Terence Sarsfield McGivern (director) and lan McAuliffe (director)
  2. · Gazette deed Resignations: David Mark McDonald (director) and Patrick Alan Lawlor (director)Appointments: Terence Sarsfield McGivern (director) and David McMahon (director) · Reappointment: Joseph (Jos) Berkers (director)
  3. · Gazette deed Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Christophe Beckers
All 33 events

Comparable companies

These companies have the same main activity as Kingspan Unidek: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €884,000 and €6.2m, founded between 1970 and 1995.

CompanyTotal assetsGross margin
Kingspan Unidek Grobbendonk€4.4m€0.5m
DL TRADING Waregem€3.6m€0.6m
INTER - MINERALS Geel€5.7m€0.3m
CTEC Olen€0.9m€0.7m
LOMMAT Brussel€6.2m€0.5m
Chaotica Tienen€2.9m€0.2m
IXERAN Lier€1.2m€0.3m
Full comparison

Key facts about Kingspan Unidek

What is the company number of Kingspan Unidek?
The company number of Kingspan Unidek is 0402.031.148. The VAT number is the same number with BE in front: BE 0402.031.148.
Where is Kingspan Unidek based?
The registered office is at Bouwelven 17, 2280 Grobbendonk.Company details
What does Kingspan Unidek do?
According to the KBO register, the main activity is agents in the wholesale of timber and building materials (NACE 46130).
What is the legal form of Kingspan Unidek?
The legal form of Kingspan Unidek is Public limited company (NV).
When was Kingspan Unidek founded?
Kingspan Unidek was founded on 08-05-1928.
Is Kingspan Unidek still active?
Yes, Kingspan Unidek is an active enterprise in the KBO register.
How many employees does Kingspan Unidek have?
Kingspan Unidek had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Kingspan Unidek fall under?
In its 2025 annual accounts, Kingspan Unidek states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Kingspan Unidek?
The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €493,969 and 138 comparable companies (NACE 46). It probably lies between €1.6m and €4.3m. In financial year 2024 turnover was €789,847.
Is Kingspan Unidek profitable?
In financial year 2025, Kingspan Unidek made a profit of €46,936.
Where can I find the annual accounts of Kingspan Unidek?
Kingspan Unidek filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kingspan Unidek due?
Kingspan Unidek must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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