KLINKENBERG

Active

Public limited companyfounded 1993active for 32 yearsRue des Alouettes 99, 4041 Herstal, BelgiumKBO/BCE: BE 0451.430.476

Summary

KLINKENBERG has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.9m and a net result of €529,985. Equity is growing by about 7.5% per year across the filed financial years. Its solvency ranks better than 71% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

KLINKENBERGActiveChecked score 95/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

Largest company by equity in Herstal, Construction sector1 site

Size

€27.4mturnover 2025

Staff: 174.8 FTE
Equity: €7.9m
Profit: €529,985

Financial health

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: Klinkenberg Group · 100%
Holdings: 1

KLC MANAGEMENTDirector · permanent representative Christophe KLINKENBERG
KLINKENBERG GROUPDirector · permanent representative VERHELST Koen
MLS MANAGEMENTDirector · permanent representative MILASLI Suayip

Auditor: PITON & Cie Réviseurs d'entreprises SRL2025 accounts 31 days early3 of 16 deeds summarised

Why 95raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.99, cash €1.8mFounded in 1993Equity €7.9m (59.8% of total assets)Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 60% of its sector peers (NACE 43, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 85+22

equity 59.8% of total assets

Liquidity 49+15

short-term debt 39.0% · cash 13.5%

Profitability 60-15

return on assets 4.0%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (243 companies, NACE 43, medium-sized)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 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%▲ +0.1 percentage points 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 05-2026highest value 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: 0.1%● unchanged vs 09-2026

Credit of up to €750,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.99, compared with 1.42 in 2024, above the usual 1.5; short-term debt: 39% and cash: 13.5% of total assets), and 40.2% of the assets are financed with debt and provisions.

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 43, medium-sized): better than 83% on solvency, 70% on liquidity, 42% on profitability and 45% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.99, cash €1.8m

NBB · annual accounts

Founded in 1993

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €7.9m (59.8% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 days early

2024

49 days early

2023

53 days early

2022

53 days early

2021

27 days early

2020

46 days early

2019

21 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 12 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-10-2026 Merger · ShareholdingPermanent representatives: Suayip MILASLI, Koen…
30-06-2026 Annual accounts filedfinancial year 2025 · full…
12-06-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Caution: Result fell in 2025from €2.0m to €529,985 ▼ 74.1% View
Positive: Largest company by equity in Herstal, Construction sectorin the Checked rankings No. 1 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €529,985 8 years View
Controlled by Klinkenberg Groupultimately: THINK2ACT CAPITAL 100% View

By topic

Financials

Financial year: 2025
Turnover: €27.4m
Profit: €529,985
Solvency: 59.8%

Turnover▼ 3.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: Klinkenberg Group · 100%
Auditor: PITON & Cie Réviseurs…

KLC MANAGEMENTDirector
KLINKENBERG GROUPDirector
MLS MANAGEMENTDirector

Go to Board & ownership

Network & group

Group: THINK2ACT CAPITAL
Subsidiaries: 1
Mergers and asset contributions: 1

1 subsidiary

Go to Network & group

Timeline

Events: 38
Since: 1995
Next accounts: by 31-07-2027

11-10-2024Resignation: KLC MANAGEMENT (statutory director)
08-06-2024Annual accounts filed
31-12-2023Highest result from 2018 to 2025

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: General electrical installation workNACE 43211
Founded: 29-11-1993
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Purpose: L'entreprise générale de tous travaux d'électricité, en ce compris le négoce et le…

Go to Articles of association

Key facts about KLINKENBERG

What is the company number of KLINKENBERG?: 0451.430.476. In Belgium the VAT number is the company number with BE in front: BE 0451.430.476.
Where is KLINKENBERG based?: The registered office is at Rue des Alouettes 99, 4041 Herstal.Company details
What does KLINKENBERG do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of KLINKENBERG?: Public limited company (NV).
When was KLINKENBERG founded?: On 29-11-1993.
Is KLINKENBERG still active?: Yes, KLINKENBERG is an active enterprise in the KBO register.
How many employees does KLINKENBERG have?: On average 174.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KLINKENBERG?: €27.4m in financial year 2025, according to the filed annual accounts.
Is KLINKENBERG profitable?: In financial year 2025, KLINKENBERG made a profit of €529,985.
Where can I find the annual accounts of KLINKENBERG?: KLINKENBERG filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KLINKENBERG due?: By 31-07-2027, for financial year 2026.Timeline