KLEIVEEM construct
ActiveSummary
KLEIVEEM construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,126) and a net result of -€12,126. Its solvency ranks better than 17% of 11,166 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€2,126
- Loss
- -€12,126
- Getto WorkDirector · permanent representative WILLEMSEN Jeffi
- NoordveenDirector · permanent representative JONGENELEN Niels
Why 53raises riskCapped at 59: negative equityNegative equity -€2,126lowers riskSize: total assets €1.0mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 02-07-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 19% on solvency, 6% on liquidity and 30% on profitability.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointments: Noordveen (director) and Getto…
Financials · financial year 2025, abbreviated format
Turnover and EBIT margin not published: the abbreviated format does not require them.
Peer companies
Historical observationOf the 152 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.
- Small
- under 2 years old
- negative equity
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,473 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% | 1.8% |
| 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 74.5% 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 152 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.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €195 |
| Gross operating margin9900 | €22,976 |
| Operating profit (loss)9901 | €22,781 |
| Financial charges65/66B | €34,907 |
| Recurring financial charges65 | €34,907 |
| Profit (loss) for the period before taxes9903 | -€12,126 |
| Profit (loss) for the period9904 | -€12,126 |
| Profit (loss) for the period to be appropriated9905 | -€12,126 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.0m | |
| Current assets29/58 | €1.0m | |
| Stocks and contracts in progress3 | €1.0m | |
| Contracts in progress37 | €1.0m | |
| Amounts receivable within one year40/41 | €0.001m | |
| Other amounts receivable41 | €0.001m | |
| Cash at bank and in hand54/58 | €0.02m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.0m | |
| Equity10/15 | -€0.002m | |
| Contributions10/11 | €0.01m | |
| Profit (loss) carried forward14 | -€0.01m | |
| Amounts payable17/49 | €1.0m | |
| Amounts payable within one year42/48 | €1.0m | |
| Financial debts43 | €0.6m | |
| Credit institutions430/8 | €0.6m | |
| Trade debts44 | €0.03m | |
| Suppliers440/4 | €0.03m | |
| Other amounts payable47/48 | €0.4m | |
| Accrued charges and deferred income492/3 | €0.02m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€12,126 |
| Operating cash flow (approximation) | -€12,126 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-07-2026 | 2026-00245533 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 2
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Getto Work |
|
| Noordveen |
|
Owners and capital
Capital and shareholders
- JONGENELEN Niels 50 shares (50%) · €5,000
- WILLEMSEN Jeffi 50 shares (50%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-12-2024 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
3 connected companiesHistory
Acts, filings and financial milestones
30-12
Gazette deed
IncorporationAppointments: Noordveen (director) and Getto Work (director) · Permanent representatives: JONGENELEN Niels and WILLEMSEN Jeffi · Founder10 facts ▸
- Incorporation, “23 december” (deed in Dutch)
- Founder, JONGENELEN Niels (2 times)
- Founder, WILLEMSEN Jeffi (2 times)
- Founding capital, €10,000
- Registered office clause, “2950 Kapellen,Jozef Mulslaan 5” (deed in Dutch)
- Board rule, 2
- Director appointment, Noordveen (director)
- Director appointment, Getto Work (director)
- Permanent representative, JONGENELEN Niels
- Permanent representative, WILLEMSEN Jeffi
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1017.946.803
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11902H0093/00D002 | Flanders | 4,367 m² | 1 · 339 m² | 11.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen; Een belangrijke positieve impact…” (deed in Dutch)
5 activities (deed in Dutch)
- Aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen;
- Een belangrijke positieve impact te creëren op milieu en maatschappij,door middel van operationele-en ondernemingsactiviteiten.
- De activiteiten van de vennootschap moeten dus een positieve impact hebben op alle stakeholders:klanten,aandeelhouders,werknemers,de maatschappij en de planeet.
- De vennootschap wordt beheerd met aandacht voor de belangen van die stakeholders,voor al wat leeft en voor de huidige en toekomstige generaties.
- Ook wordt betracht om haar eventuele negatieve impact op het milieu en de maatschappij zo veel mogelijk te beperken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KLEIVEEM construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Meest uitgebreide machten voor verwezenlijking voorwerp,behoudens WVV algemene vergadering, 1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor