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Refit Belgium

Active
Private limited companyfounded 201412 yrs activePikkeleerstraat 49, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0544.475.054
Summary

Refit Belgium has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,262 and a net result of €7,354. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 475 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28930
1 site
Size
€27,589total assets 2025
Equity
€3,262
Profit
€7,354
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Accounts 153 d early0 of 4 deeds read
Why 86- Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)- Liquidity: current ratio 8.78, cash €326, halved+ Founded in 2014+ Size: total assets €27,589Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 65% of its sector peers (NACE 28, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 37+24
equity 11.8% of total assets
Liquidity 51-39
short-term debt 10.3% · cash 1.2%
Profitability 100=
return on assets 26.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies)
Last 24 months 11-2024: 2.0%highest value 12-2024: 0.5%▼ -73.5% vs 11-2024 01-2025: 0.5%▼ -12.3% vs 12-2024 02-2025: 0.5%▼ -1.3% vs 01-2025 03-2025: 0.5%● 0.0% vs 02-2025 04-2025: 0.5%● 0.0% vs 03-2025 05-2025: 0.5%▼ -1.9% vs 04-2025 06-2025: 0.5%● 0.0% vs 05-2025 07-2025: 0.5%● 0.0% vs 06-2025 08-2025: 0.5%● 0.0% vs 07-2025 09-2025: 0.4%▼ -6.9% vs 08-2025 10-2025: 0.4%▼ -1.2% vs 09-2025 11-2025: 0.4%▼ -13.7% vs 10-2025lowest value 12-2025: 0.4%▲ +8.2% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%▼ -0.8% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%● 0.0% vs 04-2026 06-2026: 0.4%● 0.0% vs 05-2026 07-2026: 0.4%▼ -4.8% vs 06-2026 08-2026: 0.4%● 0.0% vs 07-2026 09-2026: 0.4%● 0.0% vs 08-2026 10-2026: 0.4%▼ -1.3% vs 09-2026
  • Founded in 2014 lowers the probability for this profile
  • Size: total assets €27,589 lowers the probability for this profile
  • Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28) raises the probability
  • Liquidity: current ratio 8.78, cash €326, halved raises the probability
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, micro). Better than this share of them on solvency 19%, liquidity 48%, profitability 95%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2014
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €27,589
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquidity: current ratio 8.78, cash €326, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 475 sector peers (2025).
NBB · sector comparison
Position among 475 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-11-2025, 153 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
153 d early
2024
153 d early
2023
41 d early
2022
128 d early
2021
17 d early
2020
50 d early
2019
57 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 86 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 December (4 of the last 5 filed years within 88 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close06-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Liquidity doublescurrent ratio 8.78
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 12% on equitysector median €496,230 · 475 companies €3,262 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20256 fiscal years filed €27,589 View

By topic

Financials

Fiscal year
2025
Total assets
€27,589
Profit
€7,354
Solvency
11.8%
Total assets▼ 19.2%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 30-04-2027
  1. 28-11-2025Annual accounts filed
  2. 30-09-2025Liquidity doubles
  3. 28-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28930
Founded
16-01-2014
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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