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KNAUF INSULATION

Active
Private limited companyfounded 1999active for 26 yearsRue de Maestricht(VIS) 95, 4600 Visé, BelgiumKBO/BCE: BE 0467.601.069
Summary

KNAUF INSULATION has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177.4m and a net result of €14.5m. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 79% of 364 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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KNAUF INSULATIONActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23140
Largest employer in the province of Liège, Non-metallic mineral products sector2 sites
Size
€186.2mturnover 2025
Staff
445.3 FTE
Equity
€177.4m
Profit
€14.5m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Knauf Insulation Holding GmbH · 100%
Board
4 members
Holdings
3
Auditor: Deloitte Réviseurs d'Entreprises2025 accounts filed 19 days late
Why 96lowers riskSize: turnover €186.2m, 445.3 FTE, total assets €244.6mLiquidity: current ratio 1.98, cash €36.9mEquity €177.4m (72.5% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 98+1
equity 72.5% of total assets
Liquidity 58+2
short-term debt 26.6% · cash 15.1%
Profitability 82-5
return on assets 5.9%
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 0.2% (21 companies, NACE 23, large)
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 03-2025 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 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points 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%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €17,000,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.98, compared with 1.89 in 2024, above the usual 1.5; short-term debt: 26.6% and cash: 15.1% of total assets), and 27.5% 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 (all companies): better than 84% on solvency, 83% on liquidity, 88% on profitability and 30% on growth.

The bankruptcy probability was computed on 28-10-2026 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 risk
lowers risk · Size: turnover €186.2m, 445.3 FTE, total assets €244.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.98, cash €36.9m
NBB · annual accounts
lowers risk · Equity €177.4m (72.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
19 days late
2023
20 days late
2022
23 days late
2021
29 days late
2020
31 days late
2019
18 days 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 23 days after the deadline; the sector median (NACE 23) for financial year 2024 is 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · 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 21 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: PwC Reviseurs d'Entreprises (statutory auditor)Permanent representative: Loris Guidi
  2. Annual accounts filedfinancial year 2025 · full…
  3. Purpose · Resignations & appointmentsPower of attorney

Key points

  • Positive: Largest employer in the province of Liège, Non-metallic mineral products sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2025: €14.5m 8 years View
  • Controlled by Knauf Insulation Holding GmbHthe company in turn controls 3 companies 100% View
  • Caution: Result fell in 2025from €23.3m to €14.5m ▼ 37.7% View

By topic

Financials

Financial year
2025
Turnover
€186.2m
Profit
€14.5m
Solvency
72.5%
Turnover▼ 1.5%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
Knauf Insulation Holding GmbH · 100%
Auditor
Deloitte Réviseurs d'Entreprises
  • DEFRANCE Jean-Paul Lucien AdolpheDirector
  • DUCARME David Charles Yves JosephDirector
  • LEVERTON Mark AndrewDirector
  • Dominique BOSSANDirector
Go to Board & ownership

Network & group

Subsidiaries
3
Connected companies
1
Mergers and asset contributions
1

3 subsidiaries

Go to Network & group

Timeline

Events
47
Since
2001
Next accounts
by 31-07-2027
  1. 19-08-2025Annual accounts filed
  2. 28-01-2025Resignations & appointments
  3. 20-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23140
Founded
24-11-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about KNAUF INSULATION

What is the company number of KNAUF INSULATION?
0467.601.069. In Belgium the VAT number is the company number with BE in front: BE 0467.601.069.
Where is KNAUF INSULATION based?
The registered office is at Rue de Maestricht(VIS) 95, 4600 Visé.Company details
What does KNAUF INSULATION do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23140).
What is the legal form of KNAUF INSULATION?
Private limited company (BV).
When was KNAUF INSULATION founded?
On 24-11-1999.
Is KNAUF INSULATION still active?
Yes, KNAUF INSULATION is an active enterprise in the KBO register.
How many employees does KNAUF INSULATION have?
On average 445.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KNAUF INSULATION?
€186.2m in financial year 2025, according to the filed annual accounts.
Is KNAUF INSULATION profitable?
In financial year 2025, KNAUF INSULATION made a profit of €14.5m.
Where can I find the annual accounts of KNAUF INSULATION?
KNAUF INSULATION filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KNAUF INSULATION due?
By 31-07-2027, for financial year 2026.Timeline

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Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer 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 Which other companies belong to the same group?Gebr. Knauf KG · 4 companies

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