KLAFEL
ActiveSummary
KLAFEL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-6k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-68
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 7.62 against 9.75 in 2024; short-term debt: 12.9% and cash: 89.4% of total assets), and 12.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.1%
Return on assets
-9.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
5 d early
2022
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 9.8%
2024 · €60k
Total assets
€62k▼ 6.9%
2024 · €66k
Net result
€-6k
2024 · €3k
Working capital
€53k▼ 9.4%
2024 · €58k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€56k-€20k▼ 64.3%€5k▼ 75.2%€-6k
Net result€40k-€14k▼ 64.1%€3k▼ 76.9%€-6k
Equity€42k-€56k▲ 34.2%€60k▲ 5.9%€54k▼ 9.8%
Total assets€60k-€66k▲ 10.1%€66k▲ 0.3%€62k▼ 6.9%
Debt€18k-€10k▼ 45.9%€7k▼ 31.9%€8k▲ 19.8%
Working capital€42k-€56k▲ 34.2%€58k▲ 3.0%€53k▼ 9.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€1k ▼ 24.5%
Current assets
€61k ▼ 6.4%
Equity and liabilities €62k
Equity
€54k ▼ 9.8%
Debt
€8k ▲ 19.8%
Debt's share of the balance-sheet total rises from 10.0% to 12.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €5k
Cash flow
€-5k▼
2024 · €4k
Current ratio
7.62▼
2024 · 9.75
Debt to equity
0.15▲
2024 · 0.11
ROE
-10.9%▼
2024 · 5.6%
ROA
-9.5%▼
2024 · 5.0%
Interest coverage
-24.71▼
2024 · 33.95
Debt ≤ 1 year
€8k▲
2024 · €7k
Income taxes
€0▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €370 | €400 | ▲ 8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4k | €0 | €3k | - |
| Other operating charges640/8 | €111 | €112 | €499 | €513 | ▲ 2.8% |
| Gross operating margin9900 | €56k | €24k | €6k | €-2k | ▼ 137% |
| Operating profit (loss)9901 | €56k | €20k | €5k | €-6k | ▼ 215% |
| Financial income75/76B | €111 | €258 | €90 | €7 | ▼ 92.1% |
| Recurring financial income75 | €111 | €258 | €90 | €7 | ▼ 92.1% |
| Financial charges65/66B | €432 | €160 | €156 | €213 | ▲ 36.4% |
| Recurring financial charges65 | €432 | €160 | €156 | €213 | ▲ 36.4% |
| Profit (loss) for the period before taxes9903 | €55k | €20k | €5k | €-6k | ▼ 221% |
| Income taxes67/77 | €15k | €6k | €2k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €40k | €14k | €3k | €-6k | ▼ 277% |
| Profit (loss) for the period to be appropriated9905 | €40k | €14k | €3k | €-6k | ▼ 277% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60k | €66k | €66k | €62k | ▼ 6.9% |
| Fixed assets21/28 | - | - | €2k | €1k | ▼ 24.5% |
| Tangible fixed assets22/27 | - | - | €2k | €1k | ▼ 24.5% |
| Furniture and vehicles24 | - | - | €2k | €1k | ▼ 24.5% |
| Current assets29/58 | €60k | €66k | €65k | €61k | ▼ 6.4% |
| Amounts receivable within one year40/41 | €11k | €7k | €6k | €5k | ▼ 9.1% |
| Trade receivables40 | €10k | €5k | €5k | €5k | ▼ 12.3% |
| Other amounts receivable41 | €379 | €1k | €550 | €675 | ▲ 22.7% |
| Cash at bank and in hand54/58 | €50k | €60k | €59k | €55k | ▼ 6.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60k | €66k | €66k | €62k | ▼ 6.9% |
| Equity10/15 | €42k | €56k | €60k | €54k | ▼ 9.8% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Reserves13 | €40k | €54k | €58k | €58k | = |
| Distributable reserves133 | €40k | €54k | €58k | €58k | = |
| Profit (loss) carried forward14 | - | - | - | €-6k | - |
| Amounts payable17/49 | €18k | €10k | €7k | €8k | ▲ 19.8% |
| Amounts payable within one year42/48 | €18k | €10k | €7k | €8k | ▲ 19.8% |
| Trade debts44 | - | €922 | €0 | €17 | - |
| Suppliers440/4 | - | €922 | €0 | €17 | - |
| Taxes, remuneration and social security45 | €15k | €6k | €2k | €31 | ▼ 98.1% |
| Taxes450/3 | €15k | €6k | €2k | €31 | ▼ 98.1% |
| Other amounts payable47/48 | €3k | €3k | €5k | €8k | ▲ 56.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €14k | €3k | €-6k | ▼ 277% |
| + Depreciation and write-downs630 | - | - | €370 | €400 | ▲ 8.0% |
| Operating cash flow (approximation) | €40k | €14k | €4k | €-5k | ▼ 248% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €10k | €-612 | €-4k | ▼ 492% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity doublescurrent ratio 6.79
Current ratio from 3.33 to 6.79; short-term debt falls from €18k to €10k.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2020
Ground area
267 m²
Building footprint
119 m²
Volume, LiDAR
959 m³
Parcel 34354C0266/00Z011, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KLAFEL
since 20202.308.426.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0266/00Z011 | Flanders | 267 m² | 1 · 119 m² | 13.0 m · 3 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 82,632 companies in sector 70200 we hold annual accounts for 52,587. 38,468 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
Founded27-08-2020
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
47551Retail sale of household furniture
47559Retail sale of other household articles
74130Interior design
Scores and ratios are computed by Checked and are not a credit decision.