Equity
€21,068 ▲ 22.6%
Kunst Kruiden & Verhalen has made a profit without a break since 2023.
Kunst Kruiden & Verhalen
Lifetime
16 annual accounts with figures on one time axisGross marginpeak €150,706 (2011)
€7,265▼ 41.1%
Resultlowest -€46,436 (2010)
€3,886▼ 63.5%
Equitypeak €44,126 (2018)
€21,068▲ 22.6%
Debts
€75,889▲ 7.6%
Staffpeak 2.9 FTE (2011)
-not published
Board2 names since 2021
2 directorsSCHAEK Ivan and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €12,342 to €7,265Result from €10,657 to €3,886Equity from €17,182 to €21,068Cash from €4,211 to €2,287
Key points
from the 2025 annual accountsChecked score
85
Excellent
Financially stronger than 46% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.6%▼ -0.1 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.5%▼ -0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.4 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.3%▼ -0.1 percentage points vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Profit of €3,886 (financial year 2025)
Liquidity: current ratio 1.22, cash €2,287
lowers risk
Founded in 2009
Size: total assets €96,957
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 46, micro). It does better than 33% of them on solvency, 12% on liquidity, 61% on profitability and 77% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as Kunst Kruiden & Verhalen has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
That fits the bankruptcy probability of Kunst Kruiden & Verhalen itself: 0.3% within 12 months.
Test of the method
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 4,508 companies, not a prediction for Kunst Kruiden & Verhalen. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.16 in 2024), below the usual 1.5. Short-term debt is 78.3% and cash 2.4% of total assets. 78.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 €21,068
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 days early
2024
22 days early
2023
12 days early
2022
on the day
2021
31 days late
2020
26 days late
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 20 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820040176
Company renamed from DELIDAK to Kunst Kruiden & Verhalen
Resignation: SCHAEK Ivan (director) · Reappointment: SCHAEK Ivan (director) · Appointment: CELEN Evy (director) · General meeting of 03-07-2024 · Gazette deed
First establishment
delidak, Marcel Kintstraat 30, Zwevegem
Incorporation
published on 05-11-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Kunst Kruiden & Verhalen Zwevegem | €96,957 | €7,265 | 21.7% | - |
| TEOTI WAKA Grimbergen | €109,996 | €8,628 | 39.7% | - |
| BLUE TRADING Tournai | €86,383 | €8,547 | 87.4% | - |
| METATRIXX Ravels | €92,444 | €10,647 | 71.2% | - |
| EDGE DESIGN Woluwe-Saint-Lambert | €121,377 | €6,276 | 38.4% | - |
| Time is Ripe Waterloo | €120,791 | €6,137 | 58.8% | - |
| PERENNIAL Fleurus | €116,912 | €5,293 | 66.7% | - |
These companies have the same main activity as Kunst Kruiden & Verhalen: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €86,400 and €121,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 22-10-2009Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Establishment unit
- 2.184.022.8018550 Zwevegem, since 02-12-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 26-06-2025
Annual accounts 2025
- Total assets
- €96,957▲ 10.5%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Kunst Kruiden & Verhalen
Kunst Kruiden & Verhalen files the micro format. That format states no turnover. The gross margin fell from €103,907 in 2010 to €7,265 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Kunst Kruiden & Verhalen
- What is the company number of Kunst Kruiden & Verhalen?
- The company number of Kunst Kruiden & Verhalen is 0820.040.176. The VAT number is the same number with BE in front: BE 0820.040.176.
- Where is Kunst Kruiden & Verhalen based?
- The registered office is at Marcel Kintstraat 30, 8550 Zwevegem.Company details
- What does Kunst Kruiden & Verhalen do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of Kunst Kruiden & Verhalen?
- Kunst Kruiden & Verhalen is a private limited company (BV).
- When was Kunst Kruiden & Verhalen founded?
- Kunst Kruiden & Verhalen was founded on 22-10-2009.
- Is Kunst Kruiden & Verhalen still active?
- Yes, Kunst Kruiden & Verhalen is an active enterprise in the KBO register.
- How many employees does Kunst Kruiden & Verhalen have?
- Kunst Kruiden & Verhalen had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of Kunst Kruiden & Verhalen?
- The turnover in financial year 2025 is ≈ €45,000. This figure is estimated from the gross margin of €7,265 and 38 comparable companies (NACE 46190). It probably lies between €28,000 and €99,000. It is a rough estimate.
- Is Kunst Kruiden & Verhalen profitable?
- In financial year 2025, Kunst Kruiden & Verhalen made a profit of €3,886.
- Where can I find the annual accounts of Kunst Kruiden & Verhalen?
- Kunst Kruiden & Verhalen filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Kunst Kruiden & Verhalen due?
- Kunst Kruiden & Verhalen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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