PAINTFACTORY KORTRIJK
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
PAINTFACTORY KORTRIJK has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,651 and a net result of €28,338. Equity has been growing by about 35% per year since 2022. Its solvency ranks better than 59% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 07-07-2021 Normal situation
- Registered office
- 135 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Retail trade NACE 47526and 3 others
- Establishment unit
- 2.320.354.816 8500 Kortrijk, since 07-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Board and ownership
- Garcelot BVDirector · since 07-07-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- €173,553
- ▲ 80.2%
- Turnover
- ≈ €980,000
- estimated
- Profit
- €28,338
- Equity
- €88,651
- ▲ 47.0%
- Total assets
- €199,281
- ▼ 13.4%
- Employees on 31-12-2025
- 2
- =
Score breakdownraises riskFounded in 2021Size: 2.3 FTE, total assets €199,281lowers riskLiquidity: current ratio 1.75, cash €23,916Equity €88,651 (44.5% of total assets)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 59% of them on solvency, 42% on liquidity, 81% on profitability and 85% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 4 accounts on average 6 days before 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)
Key points
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
Comparable companies
These companies have the same main activity as PAINTFACTORY KORTRIJK: retail trade (NACE 47526). They are comparable in size and age: total assets between €131,000 and €415,000, founded between 2014 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| PAINTFACTORY KORTRIJK Kortrijk | €199,281 | €173,553 |
| HEYERICK WARD Roeselare | €414,583 | €175,908 |
| Paintfactory Hasselt Hasselt | €137,459 | €129,789 |
| FRAMALEX Quaregnon | €248,610 | €214,779 |
| DF COATINGS Brussel | €370,624 | €132,296 |
| TIELT PAINT Deinze | €406,329 | €218,289 |
| Decoratie Lyssens Antwerpen | €130,562 | €167,372 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-07-2026
- Annual accounts 2024filed on 18-07-2025
- Annual accounts 2023filed on 29-07-2024
- Annual accounts 2022filed on 26-07-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PAINTFACTORY KORTRIJK
- What is the company number of PAINTFACTORY KORTRIJK?
- The company number of PAINTFACTORY KORTRIJK is 0770.872.955. The VAT number is the same number with BE in front: BE 0770.872.955.
- Where is PAINTFACTORY KORTRIJK based?
- The registered office is at Engelse Wandeling(Kor) 2, 8500 Kortrijk.Company details
- What does PAINTFACTORY KORTRIJK do?
- According to the KBO register, the main activity is retail trade (NACE 47526).
- What is the legal form of PAINTFACTORY KORTRIJK?
- The legal form of PAINTFACTORY KORTRIJK is Public limited company (NV).
- When was PAINTFACTORY KORTRIJK founded?
- PAINTFACTORY KORTRIJK was founded on 07-07-2021.
- Is PAINTFACTORY KORTRIJK still active?
- Yes, PAINTFACTORY KORTRIJK is an active enterprise in the KBO register.
- How many employees does PAINTFACTORY KORTRIJK have?
- PAINTFACTORY KORTRIJK had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PAINTFACTORY KORTRIJK?
- The turnover in financial year 2025 is ≈ €980,000. This figure is estimated from the gross margin of €173,553 and 33 comparable companies (NACE 475). It probably lies between €750,000 and €1.5m.
- Is PAINTFACTORY KORTRIJK profitable?
- In financial year 2025, PAINTFACTORY KORTRIJK made a profit of €28,338.
- Where can I find the annual accounts of PAINTFACTORY KORTRIJK?
- PAINTFACTORY KORTRIJK filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of PAINTFACTORY KORTRIJK due?
- PAINTFACTORY KORTRIJK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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