Kompas
ActiveSummary
Kompas has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €16,679. Equity has been growing by about 6% per year since 2018. Its solvency ranks better than 95% of 2,799 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-08-2003 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Establishment unit
- 2.132.595.577 3360 Bierbeek, since 01-08-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2025
Board and ownership
- HOLEMANS ChrisDirector
- STUYCK Mark Bernard Hendrik MariaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €2.2m
- ▼ 7.3%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €16,679
- ▼ 46.9%
- Equity
- €2.8m
- ▲ 0.6%
- Total assets
- €3.0m
- ▲ 0.6%
- Employees on 31-12-2025
- 40
- =
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2003Figures for financial year 2025 (filed on 11-05-2026)Equity €2.8m (92.5% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, small). It does better than 95% of them on solvency, 75% on liquidity, 60% on profitability and 40% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 72 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 11-05-2026 PDF all 22 filings
Every figure per financial year
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 43 | 39 | 39 | 40 | 40 |
| full-time | 38 | 32 | 30 | 31 | 29 |
| part-time | 5 | 7 | 9 | 9 | 11 |
| in full-time equivalents | 41.6 | 37.6 | 37.2 | 37.8 | 37.4 |
| Average over the year, in full-time equivalents | 44.7 | 40.1 | 36.8 | 38 | 36.8 |
| On a permanent contract | 38 | 35 | 35 | 36 | 36 |
| Joined | 7 | 4 | 4 | 5 | 3 |
| Left | 12 | 8 | 4 | 4 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €115,218 | €68,505 | €96,644 | €59,374 | €19,441 |
| Depreciation and write-downs of the year | €59,882 | €59,992 | €73,211 | €81,500 | €73,392 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €230,262 awarded · €230,262 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €49,003 | €49,003 |
| 2024 | 2 | €58,512 | €58,512 |
| 2023 | 1 | €62,059 | €62,059 |
| 2022 | 2 | €60,688 | €60,688 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2.1m | €2.1m | €2.1m | €2.2m | €2.1m | ▼ 6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.07m | €0.04m | €0.06m | €0.06m | €0.07m | €0.08m | €0.07m | ▼ 9.9% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.007m | €0.007m | €0.007m | €0.007m | ▲ 1.5% |
| Gross operating margin9900 | €1.9m | €2.2m | €2.6m | €2.4m | €2.3m | €2.4m | €2.4m | €2.2m | ▼ 7.3% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.4m | €0.3m | €0.1m | €0.2m | €0.04m | €0.02m | ▼ 39.4% |
| Financial income75/76B | - | - | - | €0 | €1 | - | - | €0 | - |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €1 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €185 | €489 | €191 | €201 | €228 | ▲ 13.3% |
| Recurring financial charges65 | €126 | €159 | €174 | €185 | €489 | €191 | €201 | €228 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | €0.4m | €0.3m | €0.1m | €0.2m | €0.04m | €0.02m | ▼ 39.7% |
| Income taxes67/77 | €0.05m | €0.04m | €0.08m | €0.05m | €0.05m | €0.05m | €0.004m | €0.005m | ▲ 13.3% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.3m | €0.2m | €0.08m | €0.2m | €0.03m | €0.02m | ▼ 46.9% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.3m | €0.2m | €0.08m | €0.2m | €0.03m | €0.02m | ▼ 46.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €2.3m | €2.6m | €2.7m | €2.8m | €3.1m | €3.0m | €3.0m | ▲ 0.6% |
| Fixed assets21/28 | €0.05m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 36.2% |
| Tangible fixed assets22/27 | €0.05m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 36.2% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 36.2% |
| Current assets29/58 | €2.1m | €2.2m | €2.5m | €2.6m | €2.6m | €2.9m | €2.8m | €2.9m | ▲ 3.0% |
| Amounts receivable within one year40/41 | €1.8m | €1.9m | €2.2m | €2.3m | €2.4m | €2.7m | €2.7m | €2.7m | ▼ 0.5% |
| Trade receivables40 | - | - | - | €2.3m | €2.4m | €2.7m | €2.7m | €2.7m | ▲ 0.4% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.06m | €0.004m | €0.03m | €0.007m | ▼ 78.1% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.09m | €0.1m | ▲ 43.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.03m | €0.02m | €0.03m | €0.09m | ▲ 218% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €2.3m | €2.6m | €2.7m | €2.8m | €3.1m | €3.0m | €3.0m | ▲ 0.6% |
| Equity10/15 | €1.8m | €2.0m | €2.3m | €2.5m | €2.6m | €2.8m | €2.8m | €2.8m | ▲ 0.6% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €1.6m | €1.7m | €2.0m | €2.3m | €2.3m | €2.5m | €2.5m | €2.6m | ▲ 0.7% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 0.2% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 0.2% |
| Trade debts44 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 2.8% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 2.8% |
| Taxes, remuneration and social security45 | - | - | - | €15 | €0.006m | €0.01m | €0.01m | €0.005m | ▼ 53.2% |
| Taxes450/3 | - | - | - | €15 | €15 | €0.007m | €15 | €0.005m | ▲ 334× |
| Remuneration and social security454/9 | - | - | - | - | €0.006m | €0.003m | €0.01m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €168,345 | €186,015 | €289,909 | €216,788 | €80,564 | €175,560 | €31,409 | €16,679 | ▼ 46.9% |
| + Depreciation and write-downs630 | €34,785 | €70,173 | €44,555 | €59,882 | €59,992 | €73,211 | €81,500 | €73,392 | ▼ 9.9% |
| Operating cash flow (approximation) | €203,130 | €256,188 | €334,464 | €276,671 | €140,556 | €248,771 | €112,909 | €90,071 | ▼ 20.2% |
| Investment in fixed assets (approximation) | - | -€102,031 | -€82,162 | -€115,218 | -€68,505 | -€96,644 | -€59,374 | -€5,073 | ▲ 91.5% |
| Change in cash | - | €20,039 | -€11,948 | -€42,926 | -€57,327 | -€76,466 | -€14,907 | €38,122 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as Kompas has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Kompas itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Kompas. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-05-2026 | 2026-00107647 | |
| 31-12-2024 | abbreviated format | 02-06-2025 | 2025-00113051 | |
| 31-12-2023 | abbreviated format | 13-05-2024 | 2024-00085860 | |
| 31-12-2022 | abbreviated format | 10-05-2023 | 2023-00084219 | |
| 31-12-2021 | abbreviated format | 23-05-2022 | 2022-20031732 | |
| 31-12-2020 | abbreviated format | 17-05-2021 | 2021-14100271 | |
| 31-12-2019 | abbreviated format | 05-06-2020 | 2020-14600487 | |
| 31-12-2018 | abbreviated format | 14-05-2019 | 2019-12900394 | |
| 31-12-2017 | abbreviated format | 16-05-2018 | 2018-12700481 | |
| 31-12-2016 | abbreviated format | 12-06-2017 | 2017-16000123 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-03-2023 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HOLEMANS Chris |
|
| STUYCK Mark Bernard Hendrik Maria |
|
Network & group
Kompas shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Kompas. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-03
Gazette deed
2 directors resigning, 2 reappointedReappointments: HOLEMANS Chris (statutory director) and STUYCK Mark Bernard Hendrik Maria (director) · Resignations: HOLEMANS Chris (statutory manager) and STUYCK Mark Bernard Hendrik Maria (manager) · Capital conversion9 points ▸
- General meeting, 06-03-2023
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aan te passen aan bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Director reappointment, HOLEMANS Chris (statutory director)
- Director resignation, HOLEMANS Chris (statutory manager)
- Director resignation, STUYCK Mark Bernard Hendrik Maria (manager)
- Director reappointment, STUYCK Mark Bernard Hendrik Maria (director (not named in the articles))
- Registered office clause, “3360 Bierbeek,Culostraat 44” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
6 activities
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken, als algemene aannemer of in onderaanneming, het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels, de studie en de uitvoering van binnen- en buitendecoraties
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud, de renovatie, het herstel, de verfraaiing, de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en algemeen genomen alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand, zowel technisch als administratie en commercieel, aan alle mogelijke vennootschappen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen, het bouwen van openbare en particuliere gebouwen, de aankoop, de verkoop, de verhuur, de verdeling en de verkaveling van alle mogelijke onroerende goederen
- De aankoop, de verkoop, de huur, de invoer en de uitvoer van alle mogelijke materialen, goederen, toestellen en materieel noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van kunstwerken en gebouwen
- Alle verrichtingen die rechtstreeks of onrechtstreeks bedekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten, doch met uitsluiting van de activiteiten behorende tot de activiteiten van de erkende vastgoedmakelaar
Invoicing and payment
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. Use the enterprise number 0859.890.845
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
4 live approvals · 12 endedShow 12 ended approvals
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24713D0100/00M000 | Flanders | 1,145 m² | 1 · 372 m² | 8.0 m · 2 |