Equity
€115,775 from €290,183 in 2014
Equity fell by 60% in 12 years.
KJEFIMAR
Lifetime
13 annual accounts with figures on one time axispeak €42,284 (2020)
€31,426▼ 4.7%
lowest -€31,626 (2021)
-€6,512▲ €2,687
peak €290,183 (2014)
€115,775▼ 5.3%
€341,345▲ 0.3%
Board2 names since 2012
2 directorsPierre DE RIJCKE and 1 other
Documentsfilings and deeds
29-10-20262 days before the deadline
2026micro format
Loss of €6,512
Key points
from the 2026 annual accountsChecked score
93
Excellent
Financially stronger than 46% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged 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 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.1%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €6,512, the second in a row (financial year 2026)
lowers risk
Size: total assets €457,121
Liquidity: current ratio 23.41, cash €76,951
Figures for financial year 2026 (filed on 31-10-2026)
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 68, micro). It does better than 45% of them on solvency, 81% on liquidity, 24% on profitability and 34% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,423 companies had the same profile as KJEFIMAR has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KJEFIMAR itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,423 companies, not a prediction for KJEFIMAR. 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
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 23.41 (28.66 in 2025), above the usual 1.5. Short-term debt is 0.8% and cash 16.8% of total assets. However, 74.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year -€6,512
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
2 days early
2025
1 day early
2024
1 day early
2023
4 days early
2022
3 days early
2021
32 days early
2020
23 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 9 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0501746851
Change of role: Pierre DE RIJCKE, from statutory manager and director to statutory director
Appointment: Gerda LEBLICQ (successor statutory director) · Gazette deed
Registered office moved from Overijse to Hoeilaart
New registered office: Overijsesteenweg 23/21, 1560 Hoeilaart · Previous registered office: Vlierbeekberg 78, 3090 Overijse · Board meeting of 27-09-2021 · Gazette deed
First establishment
Overijsesteenweg 23, Hoeilaart
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KJEFIMAR Hoeilaart | €457,121 | €31,426 | 25.3% | - |
| Pénates Kortrijk | €469,949 | €29,598 | 11.6% | 0 |
| Domus JC Beerse | €442,576 | €35,561 | 20.9% | - |
| CHAPEWERKEN KOEN MARIUS Destelbergen | €397,774 | €30,174 | 36.5% | 0 |
| HOORNAERT Lo-Reninge | €504,778 | €27,381 | 64.9% | - |
| DE WONINGGALERIJ Sint-Niklaas | €426,818 | €39,787 | 12.6% | - |
| V.L.L. INVEST Ranst | €435,796 | €23,409 | 82.3% | - |
These companies have the same main activity as KJEFIMAR: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €398,000 and €505,000, founded between 2011 and 2014.
Official details
Source: KBO- Status
- Active since 04-12-2012Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 5 others
- Establishment unit
- 2.215.748.8281560 Hoeilaart, since 22-01-2013
- Financial year end
- 31 March
- Peppol
- Reachable since 20-04-2026
Annual accounts to 31-03-2026
- ≈ €86,000estimated
- €457,121▼ 1.2%
- Filing
- Filed on 29-10-2026, 2 days before the end of the filing period
Insights on KJEFIMAR
KJEFIMAR files the micro format. That format states no turnover. The gross margin rose from €9,836 in 2014 to €31,426 in 2026.
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 KJEFIMAR
- What is the company number of KJEFIMAR?
- The company number of KJEFIMAR is 0501.746.851. The VAT number is the same number with BE in front: BE 0501.746.851.
- Where is KJEFIMAR based?
- The registered office is at Overijsesteenweg 23/21, 1560 Hoeilaart.Company details
- What does KJEFIMAR do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of KJEFIMAR?
- KJEFIMAR is a private limited company (BV).
- When was KJEFIMAR founded?
- KJEFIMAR was founded on 04-12-2012.
- Is KJEFIMAR still active?
- Yes, KJEFIMAR is an active enterprise in the KBO register.
- What is the turnover of KJEFIMAR?
- The turnover in financial year 2026 is ≈ €86,000. This figure is estimated from the gross margin of €31,426 and 32 comparable companies (NACE 681). It probably lies between €47,000 and €180,000.Financials
- Is KJEFIMAR profitable?
- In financial year 2026, KJEFIMAR made a loss of €6,512.
- Where can I find the annual accounts of KJEFIMAR?
- KJEFIMAR filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of KJEFIMAR due?
- KJEFIMAR must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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