Equity
€26,552 ▲ 9.4%
NAEYAERT en zonen has made a profit without a break since 2017.
NAEYAERT en zonen
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €99,978 (2021)
€82,402▲ 74.8%
lowest -€14,026 (2016)
€2,285▲ 3.5%
peak €26,552 (2025)
€26,552▲ 9.4%
€303,902▲ 9.1%
peak 2 FTE (2015)
-not published
Board1 name since 2023
1 directorNaeyaert Cedric
Owners
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Gross margin from €47,150 to €82,402Cash from €21,964 to €86,028
Key points
from the 2025 annual accountsDebts
€303,902 92% of the balance sheet
Financial debts 13%Suppliers 78%Taxes and wages 2%Other 7%
Of this, €263,794 falls due within a year.
Position in the sector
8.0%
Lower solvency than 89% of companies in specialised construction. Sector median 44.0% · 9,974 companies.
Checked score
82
Excellent
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.7%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 1.2%▼ -0.5 percentage points vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged 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: 1.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.6%▼ -0.7 percentage points vs 10-2025
12-2025: 0.5%▼ -0.1 percentage points vs 11-2025
01-2026: 0.8%▲ +0.3 percentage points vs 12-2025
02-2026: 0.4%▼ -0.4 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.3%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Equity €26,552 (8.0% of total assets)
lowers risk
Size: total assets €330,454
Founded in 1996
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, micro). It does better than 13% of them on solvency, 28% on liquidity, 24% on profitability and 54% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 1,083 companies had the same profile as NAEYAERT en zonen has now. Each dot stands for 3 companies, two years later.
96.9%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of NAEYAERT en zonen itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 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 1,083 companies, not a prediction for NAEYAERT en zonen. 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 €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (0.64 in 2024), below 1. Short-term debt is 79.8% and cash 26% of total assets. 92% 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
Seven 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 9974 sector peers (2025).
NBB · sector comparisonPosition among 9974 sector peers
Solvency
better than 11%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €26,552
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
1 day early
2023
on the day
2022
on the day
2021
28 days late
2020
1 day late
2019
on the day
← 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 4 days after 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458229978
Registered office moved from Deinze to Lievegem
New registered office: Spinhoutstraat 14, 9930 Lievegem · Previous registered office: Tonnestraat 11, 9800 Deinze · Change of role: Naeyaert Cedric, from manager to director · General meeting of 19-10-2023 · Gazette deed
First establishment
Spinhoutstraat 14, Lievegem
Incorporation
published on 10-07-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NAEYAERT en zonen Lievegem | €330,454 | €82,402 | 8.0% | - |
| ABSTRUCT Holsbeek | €331,400 | €85,713 | 26.5% | - |
| BOUWWERKEN VERTHRIEST HERWIG Deinze | €338,670 | €70,641 | 93.1% | - |
| R.C.B. Oudenaarde | €416,215 | €85,403 | 54.9% | - |
| AANNEMINGEN GROND- EN AFBRAAKWERKEN MORTELMANS NV Lier | €415,149 | €78,326 | 83.3% | - |
| XAGRO Waregem | €281,984 | €76,241 | 77.7% | - |
| Woutraco Zandhoven | €340,864 | €129,208 | 10.5% | 1 |
These companies have the same main activity as NAEYAERT en zonen: demolition (NACE 43110). They are comparable in size and age: total assets between €282,000 and €416,000, founded between 1988 and 2004.
Official details
Source: KBO- Status
- Active since 14-06-1996Normal situation
- Activity
- DemolitionNACE 43110and 1 other
- Establishment unit
- 2.077.206.8949930 Lievegem, since 02-07-1996
- Financial year end
- 30 June
- Peppol
- Reachable since 05-11-2025
Annual accounts to 30-06-2025
- ≈ €350,000estimated
- €330,454▲ 9.1%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on NAEYAERT en zonen
NAEYAERT en zonen files the abbreviated format. That format states no turnover. The gross margin rose from -€5,382 in 2007 to €82,402 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 NAEYAERT en zonen
- What is the company number of NAEYAERT en zonen?
- The company number of NAEYAERT en zonen is 0458.229.978. The VAT number is the same number with BE in front: BE 0458.229.978.
- Where is NAEYAERT en zonen based?
- The registered office is at Spinhoutstraat 14, 9930 Lievegem.Company details
- What does NAEYAERT en zonen do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of NAEYAERT en zonen?
- NAEYAERT en zonen is a private limited company (BV).
- When was NAEYAERT en zonen founded?
- NAEYAERT en zonen was founded on 14-06-1996.
- Is NAEYAERT en zonen still active?
- Yes, NAEYAERT en zonen is an active enterprise in the KBO register.
- What is the turnover of NAEYAERT en zonen?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €82,402 and 34 comparable companies (NACE 431). It probably lies between €250,000 and €600,000.Financials
- Is NAEYAERT en zonen profitable?
- In financial year 2025, NAEYAERT en zonen made a profit of €2,285.
- Where can I find the annual accounts of NAEYAERT en zonen?
- NAEYAERT en zonen filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NAEYAERT en zonen due?
- NAEYAERT en zonen must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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