Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €45,509 to €73,851.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 62% of them on solvency, 82% on liquidity, 64% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 2,546 companies had the same profile as KoT47 has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KoT47 itself is lower: 0.1% within 12 months. It rests on far more data about KoT47 than the profile alone.
The method was tested on the 497,447 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 2,546 companies, not a prediction for KoT47. 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.
Liquidity is tight, with a current ratio of 1.46 (2.04 in 2024), below the usual 1.5. Short-term debt is 53.4% and cash 71% of total assets. 53.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 1 day after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| KoT47 Marchin | €138,244 | €88,145 | 46.6% | - |
| TFF PROJECTS Sint-Niklaas | €138,051 | €86,528 | 78.1% | - |
| MZH EVENTS Anderlecht | €120,866 | €78,311 | -30.3% | - |
| GAVID Keerbergen | €178,941 | €65,812 | 97.5% | - |
| MC HQ Rotselaar | €110,734 | €93,531 | 72.2% | - |
| ARI Home Nivelles | €157,323 | €83,298 | 29.7% | - |
| Rentica Ghent | €114,235 | €118,769 | 24.3% | - |
These companies have the same main activity as KoT47: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €111,000 and €179,000, founded between 2023 and 2025.
KoT47 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,393 and a net result of €3,724.
Its solvency ranks better than 63% of 17,190 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €98,000 and €150,000.
Higher than 63% of 17,190 companies in 2025.
Higher than 58% of 16,487 companies in 2025.
Higher than 56% of 16,866 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
138,244 | 115,446 | |
21/28 |
30,309 | 22,403 | |
22/27 |
30,309 | 22,403 | |
24 |
1,728 | - | |
26 |
26,317 | 22,403 | |
27 |
2,264 | - | |
29/58 |
107,935 | 93,043 | |
40/41 |
9,759 | 1,109 | |
40 |
9,759 | 1,109 | |
54/58 |
98,177 | 91,934 | |
| Balance sheet: equity and liabilities | |||
10/49 |
138,244 | 115,446 | |
10/15 |
64,393 | 60,669 | |
10/11 |
30,000 | 30,000 | |
14 |
34,393 | 30,669 | |
17/49 |
73,851 | 54,776 | |
17 |
- | 9,268 | |
178/9 |
- | 9,268 | |
42/48 |
73,851 | 45,509 | |
44 |
18,339 | 1,062 | |
440/4 |
18,339 | 1,062 | |
45 |
6,192 | 10,628 | |
450/3 |
3,186 | 7,723 | |
454/9 |
3,006 | 2,905 | |
47/48 |
49,320 | 33,818 | |
| Income statement | |||
9900 |
88,145 | 45,808 | |
62 |
37,863 | 5,671 | |
630 |
4,166 | 974 | |
640/8 |
39,097 | 761 | |
9901 |
7,019 | 38,401 | |
75/76B |
53 | 1 | |
75 |
53 | 1 | |
65/66B |
162 | 66 | |
65 |
162 | 66 | |
9903 |
6,910 | 38,337 | |
67/77 |
3,186 | 7,667 | |
9904 |
3,724 | 30,669 | |
9905 |
3,724 | 30,669 | |
| Appropriation of the result | |||
9906 |
34,393 | 30,669 | |
14P |
30,669 | - | |
| Social balance sheet | |||
9087 |
1 | 0.5 | |
Hours worked1013 |
1,000 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-03-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 11,185 | 39,375 | ||
| 7,890 | 31,643 | ||
| 12,072 | 23,377 | ||
| 6,243 | - | ||
| 34,084 | 47,535 | ||
| 46.6% | 52.6% | ||
| 1.46 | 2.04 | ||
| 1.15 | 0.90 | ||
| 5.8% | 50.6% | ||
| 2.7% | 26.6% | ||
| 69.07 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-08-2025 | 31-08-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.5 | 0.5 |
| 0.5 | 0.5 | |
| On a permanent contract | 1 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 31-08-2025 | 31-08-2024 |
|---|---|---|
| Tangible fixed assets | €12,072 | €23,377 |
| €4,166 | €974 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 82% lower than in 2024.
Debt's share of the balance-sheet total rises from 47.4% to 53.4%. Equity and debt are higher.
KoT47 has no parent and no holdings in its annual accounts. HAESEVOETS Chantal Eliane Jenny is the only director.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-03-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
KoT47 was incorporated on 22 March 2024 as a private limited company by two natural persons.12 HAESEVOETS Chantal Eliane Jenny is director of the company, appointed by deed of 26-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Forge 4 registered office 4570 Marchin | 22-03-2024 | 2.357.670.122 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 61071A0048/00M000 | 1,161 m² | 1 · 171 m² | 8.8 m · 2 |
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