Losses
-€6,113 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Kwafeurs
Lifetime
3 annual accounts with figures on one time axispeak -€347 (2024)
-€1,577▼ €1,230
lowest -€2,900 (2023)
-€2,753▼ €2,293
peak €5,100 (2023)
€1,887▼ 59.3%
€3,499▼ 4.2%
Board1 name since 2022
1 directorBOTTU Davina
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from -€347 to -€1,577Loss of €2,753Equity from €4,640 to €1,887Cash from €3,015 to €657
Key points
from the 2025 annual accountsLiquidity
1.54 was 2.27 in 2024
Short-term debts fell from €3,654 to €3,499.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 54 days after the end of the period.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 24% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.3%▲ +0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.6 percentage points vs 07-2025
09-2025: 2.3%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 1.2%▼ -1.1 percentage points vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.0%▼ -0.2 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026lowest value
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.7 percentage points vs 07-2026
09-2026: 1.7%● unchanged vs 08-2026
10-2026: 1.8%▲ +0.1 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
2 of the last 3 accounts late
Founded in 2022
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €5,385
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 47, micro). It does better than 50% of them on solvency, 28% on liquidity, 6% on profitability and 10% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 3,223 companies had the same profile as Kwafeurs has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Kwafeurs itself: 1.8% 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 3,223 companies, not a prediction for Kwafeurs. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.54 (2.27 in 2024), above the usual 1.5. Short-term debt is 65% and cash 12.2% of total assets. However, 65% 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
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 days early
2024
33 days late
2023
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 24 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 2 September (3 of the last 3 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BOTTU Davina 60 sharesdeed of 30-05-2022
- CUYPERS Hilde 40 sharesdeed of 30-05-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786554885
Incorporation
Founding capital of €8,000, 100 shares · Founders: BOTTU Davina and CUYPERS Hilde · Appointment: BOTTU Davina (director) · published on 30-05-2022 · Gazette deed
First establishment
Schoorbroekstraat 82, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Kwafeurs Sint-Truiden | €5,385 | -€1,577 | 35.0% | - |
| OB ENTERPRISES Anderlecht | €4,963 | -€18 | 100.0% | - |
| ZBEAUTY Leuven | €3,403 | -€2,257 | -105.3% | - |
| AYURANI Ghent | €7,602 | -€3,649 | -173.3% | - |
| Lumina Mundi Rixensart | €8,373 | -€2,443 | -286.1% | - |
| Ocivolt Pajottegem | €5,436 | -€522 | 92.2% | - |
| BlioNails Group Colfontaine | €8,600 | -€1,583 | 26.7% | - |
These companies have the same main activity as Kwafeurs: retail sale of cosmetics and toilet articles (NACE 47750). They are comparable in size and age: total assets between €3,400 and €8,600, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 25-05-2022Normal situation
- Activity
- Retail sale of cosmetics and toilet articlesNACE 47750and 3 others
- Establishment unit
- 2.331.829.7183806 Sint-Truiden, since 25-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- €5,385▼ 35.1%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on Kwafeurs
Kwafeurs files the micro format. That format states no turnover. The gross margin rose from -€2,821 in 2023 to -€1,577 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 Kwafeurs
- What is the company number of Kwafeurs?
- The company number of Kwafeurs is 0786.554.885. The VAT number is the same number with BE in front: BE 0786.554.885.
- Where is Kwafeurs based?
- The registered office is at Schoorbroekstraat 82, 3806 Sint-Truiden.Company details
- What does Kwafeurs do?
- According to the KBO register, the main activity is retail sale of cosmetics and toilet articles (NACE 47750).
- What is the legal form of Kwafeurs?
- Kwafeurs is a private limited company (BV).
- When was Kwafeurs founded?
- Kwafeurs was founded on 25-05-2022.
- Is Kwafeurs still active?
- Yes, Kwafeurs is an active enterprise in the KBO register.
- What is the turnover of Kwafeurs?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Kwafeurs profitable?
- In financial year 2025, Kwafeurs made a loss of €2,753.
- Where can I find the annual accounts of Kwafeurs?
- Kwafeurs filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Kwafeurs due?
- Kwafeurs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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