Equity
€234,628 ▲ 28.8%
MAJESTIK has made a profit without a break since 2015.
MAJESTIK
Lifetime
13 annual accounts with figures on one time axispeak €1.7m (2025)
€1.7m▲ 40.5%
lowest -€194,632 (2014)
€52,432▲ 23×
peak €234,628 (2025)
€234,628▲ 28.8%
€2.4m▼ 10.4%
peak 18.1 FTE (2025)
18.1 FTE▲ 32.1%
Board6 names since 2020
3 directorsD-designs and 2 others
Owners
66.67%100%
Documentsfilings and deeds
23-03-2026130 days before the deadline
2025abbreviated format
Gross margin from €1.2m to €1.7mResult from €2,273 to €52,432Staff from 13.7 FTE to 18.1 FTEEquity from €182,196 to €234,628Cash from €56,641 to €133,960
Key points
from the 2025 annual accountsResult
€52,432 ▲ 23×
The result rose in 2025 from €2,273 to €52,432.
Debts
€2.4m 91% of the balance sheet
Financial debts 39%Suppliers 20%Taxes and wages 4%Other 36%
€887,286 of the debts are secured on the company's own assets. In 2022 that was €1.7m.
Staff
21 employees on 31-12-2025
In 2025, 7 people joined and 3 left.
Filings
13 annual accounts since 2013
The last five annual accounts were filed 13 to 130 days before the end of the period.
Position in the sector
9.1%
Lower solvency than 88% of companies in specialised construction. Sector median 44.0% · 9,950 companies.
Checked score
66
Healthy
Financially stronger than 38% of small companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,650 companies (NACE 43, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.8%▲ +0.3 percentage points vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025highest value
05-2025: 1.2%▼ -0.6 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged 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: 1.2%● unchanged vs 01-2026
03-2026: 1.4%▲ +0.2 percentage points vs 02-2026
04-2026: 1.0%▼ -0.4 percentage points vs 03-2026lowest value
05-2026: 1.0%● unchanged vs 04-2026lowest value
06-2026: 1.0%● unchanged vs 05-2026lowest value
07-2026: 1.0%● unchanged vs 06-2026lowest value
08-2026: 1.0%● unchanged vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €234,628 (9.1% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 26-03-2026)
Founded in 2008
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 43, small). It does better than 9% of them on solvency, 16% on liquidity, 42% on profitability and 84% on growth.
The bankruptcy probability was computed on 06-11-2026 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 low class on 30-06-2025, 0.8% 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, 1,448 companies had the same profile as MAJESTIK has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAJESTIK itself: 1.0% 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 1,448 companies, not a prediction for MAJESTIK. 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 €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (0.96 in 2024), below 1. Short-term debt is 61.3% and cash 5.2% of total assets. 90.9% 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
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9950 sector peers (2025).
NBB · sector comparisonPosition among 9950 sector peers
Solvency
better than 11%
← weakest
strongest →
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 23-03-2026, 130 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
130 days early
2024
112 days early
2023
13 days early
2022
102 days early
2021
125 days early
2020
109 days early
2019
43 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 91 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 10 April (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
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- 100% 66.67%equity €174,884 (2025) · 30-06-2025 annual accounts of 100%
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0896332953
2 directors appointed
Change of role: BARBEZ KOEN, from director, formerly manager to director · Appointments: D-DESIGNS and VENTRO · Permanent representatives: Emiel DELEU, Matthias BUYCK and Koen BARBEZ · General meeting of 22-09-2023 · Gazette deed
1 director resigning
C3K BV · Permanent representatives: Cédric JACQUES and Koen BARBEZ · Gazette deed
Incorporation
published on 19-03-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAJESTIK Ypres | €2.6m | €1.7m | 9.1% | 18.1 |
| DevilDoors Wervik | €2.5m | €1.9m | 65.6% | 16.1 |
| VERGALLE INTERIEURS Aalst | €2.7m | €1.5m | 46.5% | 18.8 |
| FORE MARNIX & CO Eeklo | €2.5m | €1.8m | 65.9% | 19.6 |
| FERYN CONSTRUCTIE Puurs-Sint-Amands | €2.6m | €1.4m | 58.8% | 19.5 |
| DE NEEF RAMEN Opwijk | €3.1m | €2.0m | 87.8% | 18.9 |
| VERVO Ledegem | €3.2m | €1.8m | 57.5% | 18.9 |
These companies have the same main activity as MAJESTIK: joinery installation (NACE 43320). They are comparable in size and age: total assets between €2.5m and €3.2m, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 10-03-2008Normal situation
- Activity
- Joinery installationNACE 43320and 4 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.170.063.2148900 Ypres, since 01-03-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €4.8mestimated
- €2.6m▼ 7.8%
- Employeeson 31-12-2025
- 21▲ 23.5%
- Filing
- Filed on 23-03-2026, 130 days before the end of the filing period
Insights on MAJESTIK
MAJESTIK files the abbreviated format. That format states no turnover. The gross margin rose from €156,766 in 2013 to €1.7m in 2025.
100% holds 66.67% of the shares.
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 MAJESTIK
- What is the company number of MAJESTIK?
- The company number of MAJESTIK is 0896.332.953. The VAT number is the same number with BE in front: BE 0896.332.953.
- Where is MAJESTIK based?
- The registered office is at Sint-Krispijnstraat 11, 8900 Ypres.Company details
- What does MAJESTIK do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of MAJESTIK?
- MAJESTIK is a private limited company (BV).
- When was MAJESTIK founded?
- MAJESTIK was founded on 10-03-2008.
- Is MAJESTIK still active?
- Yes, MAJESTIK is an active enterprise in the KBO register.
- How many employees does MAJESTIK have?
- MAJESTIK had an average of 18.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MAJESTIK fall under?
- In its 2025 annual accounts, MAJESTIK states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MAJESTIK?
- The turnover in financial year 2025 is ≈ €4.8m. This figure is estimated from the gross margin of €1.7m and 67 comparable companies (NACE 43). It probably lies between €3.7m and €6.4m.
- Is MAJESTIK profitable?
- In financial year 2025, MAJESTIK made a profit of €52,432.
- Where can I find the annual accounts of MAJESTIK?
- MAJESTIK filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAJESTIK due?
- MAJESTIK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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