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KUNSTGRASVELDEN CLUSTER 3

Active
Public limited companyfounded 2015active for 11 yearsKanaalstraat 1, 8530 Harelbeke, BelgiumKBO/BCE: BE 0598.894.331
Summary

KUNSTGRASVELDEN CLUSTER 3 has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536,066 and a net result of €23,630. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 53% of 230 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-02-2015 Normal situation
Registered office
52 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Manufacture of rubber and plastic products NACE 22260
Establishment unit
2.242.296.243 8530 Harelbeke, since 12-02-2015
Financial year end
31 December
Peppol
Reachable since 21-09-2025

Board and ownership

Board
Auditor
Bart Roobrouck
Shareholders
  • VALQ2025 annual accounts of VALQ
  • Valq NVannual accounts 2025

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€23,508
▼ 82.2%
Turnover
≈ €160,000
estimated
Profit
€23,630
▼ 78.3%
Equity
€536,066
▲ 4.6%
Total assets
€992,179
▼ 63.1%
Score breakdownraises riskSector: Manufacture of rubber and plastic products (NACE 22)lowers riskSize: total assets €992,179Figures for financial year 2025 (filed on 25-06-2026)Founded in 2015Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of micro companies in rubber and plastics (NACE 22)
Financial strength · tick: 2024
Average
Solvency 79+35
equity 54.0% of total assets
Liquidity 43+16
short-term debt 46.0% · cash 12.5%
Profitability 43-5
return on assets 2.4%
Bankruptcy probability within 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 0.4% (358 companies, NACE 22, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.4 percentage points vs 07-2025 09-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.2 percentage points vs 08-2026 10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.18 (2.01 in 2024), above the usual 1.5. Short-term debt is 46% and cash 12.5% of total assets. 46% of the assets are financed with debt and provisions.
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 22, micro). It does better than 60% of them on solvency, 38% on liquidity, 29% on profitability and 50% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €992,179
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-06-2026)
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of rubber and plastic products (NACE 22)
KBO
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
14 days early
2023
42 days early
2022
52 days early
2021
27 days early
2020
31 days early
2019
29 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 33 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 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 25 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €108,871 to €23,630 ▼ 78.3% View
  • Caution: Less equity than 83% of companies in rubber and plasticssector median €3.8m · 230 companies €536,066 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €23,630 8 years View

Recent changes

  1. · Gazette deed Reappointments: VRC Bedrijfsrevisoren bv, Bart Roobrouck and Steven T'Jollyn
  2. · Gazette deed 1 director appointed, 2 directors resigningResignations: D.S.R.T (director and managing director) and DESIRE STADSBADER (director and managing director) · Appointment: Dominique Valcke (sole director) · Permanent representative: Valcke Dominique Paul Georges Philippe
  3. · Gazette deed Permanent representative: Rita Tanghe
All 18 events

Comparable companies

These companies have the same main activity as KUNSTGRASVELDEN CLUSTER 3: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €443,000 and €1.8m, founded between 2003 and 2014.

CompanyTotal assetsGross margin
KUNSTGRASVELDEN CLUSTER 3 Harelbeke€1.0m€0.02m
RECYBUILD SOLUTIONS Beringen€1.8m€0.02m
THMC Heusden-Zolder€1.2m€0.1m
DMJ THERMO Bocholt€0.4m€0.06m
MOSS COMPOSITES Lokeren€0.5m€0.06m
NOVOSTOL Pelt€0.6m€0.08m
PIETERS POEDERCOATING Tielt€1.1m€0.05m
Full comparison

Key facts about KUNSTGRASVELDEN CLUSTER 3

What is the company number of KUNSTGRASVELDEN CLUSTER 3?
The company number of KUNSTGRASVELDEN CLUSTER 3 is 0598.894.331. The VAT number is the same number with BE in front: BE 0598.894.331.
Where is KUNSTGRASVELDEN CLUSTER 3 based?
The registered office is at Kanaalstraat 1, 8530 Harelbeke.Company details
What does KUNSTGRASVELDEN CLUSTER 3 do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
What is the legal form of KUNSTGRASVELDEN CLUSTER 3?
The legal form of KUNSTGRASVELDEN CLUSTER 3 is Public limited company (NV).
When was KUNSTGRASVELDEN CLUSTER 3 founded?
KUNSTGRASVELDEN CLUSTER 3 was founded on 12-02-2015.
Is KUNSTGRASVELDEN CLUSTER 3 still active?
Yes, KUNSTGRASVELDEN CLUSTER 3 is an active enterprise in the KBO register.
What is the turnover of KUNSTGRASVELDEN CLUSTER 3?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €23,508 and 2,707 comparable companies of the same size. It probably lies between €66,000 and €400,000. It is a rough estimate. In financial year 2021 turnover was €208,908.Financials
Is KUNSTGRASVELDEN CLUSTER 3 profitable?
In financial year 2025, KUNSTGRASVELDEN CLUSTER 3 made a profit of €23,630.
Where can I find the annual accounts of KUNSTGRASVELDEN CLUSTER 3?
KUNSTGRASVELDEN CLUSTER 3 filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KUNSTGRASVELDEN CLUSTER 3 due?
KUNSTGRASVELDEN CLUSTER 3 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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