Financials
- Fiscal year
- 2025
- Total assets
- €585,152
- Profit
- €71,333
- Solvency
- 12.8%
Total assets▲ 3.6%
Net result
20182025
Knaepen
ActiveSummary
Knaepen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,053 and a net result of €71,333. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 16% of 33943 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Bricklaying and masonry work
NACE 43910NACE 43994
2 sites
Size
€585,152total assets 2025
- Staff
- 4 FTE
- Equity
- €75,053
- Profit
- €71,333
Turnover not published (abridged schema)
Structure
Accounts 15 d early0 of 3 deeds read
Why 88- Sector Specialised construction activities (NACE 43)- Equity €75,053 (12.8% of total assets)+ Size: total assets €585,152+ Figures for FY 2025 (filed 16-07-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
38+1
equity 12.8% of total assets
Liquidity
45+1
short-term debt 71.3% · cash 26.9%
Profitability
84+2
return on assets 12.2%
Bankruptcy probability, 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).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%● 0.0% vs 12-2024
02-2025: 0.3%▲ +7.1% vs 01-2025
03-2025: 0.3%▲ +3.7% vs 02-2025
04-2025: 0.3%▲ +6.8% vs 03-2025
05-2025: 0.3%▲ +5.3% vs 04-2025
06-2025: 0.4%▲ +12.7% vs 05-2025
07-2025: 0.4%▲ +16.0% vs 06-2025highest value
08-2025: 0.2%▼ -42.1% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.3%▲ +7.1% vs 01-2026
03-2026: 0.3%▲ +3.5% vs 02-2026
04-2026: 0.3%▲ +7.2% vs 03-2026
05-2026: 0.3%▲ +5.6% vs 04-2026
06-2026: 0.3%▲ +7.7% vs 05-2026
07-2026: 0.4%▲ +11.8% vs 06-2026
08-2026: 0.2%▼ -42.1% vs 07-2026
09-2026: 0.2%● 0.0% vs 08-2026
10-2026: 0.2%▼ -3.8% vs 09-2026lowest value
- Size: total assets €585,152 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €75,053 (12.8% of total assets) raises the probability
- Figures for FY 2025 (filed 16-07-2026) lowers the probability
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.55 in 2024; short-term debt: 71.3% and cash: 26.9% of total assets), and 87.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 16%, liquidity 36%, profitability 67%, growth against the median 54%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 33943 sector peers (2025).
NBB · sector comparisonPosition among 33943 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €75,053
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
5 d early
2022
18 d late
2021
48 d early
2020
19 d early
2019
10 d late
← 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 9 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €71,333 ▲23.7%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-07-2027
- 16-07-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 25-07-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Bricklaying and masonry workNACE 43910
- Founded
- 21-04-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.