Debts
€116,609 90% of the balance sheet
Suppliers 84%Taxes and wages 15%
SKY HIGH
Lifetime
1 annual account with figurespeak €637,314 (2025)
€637,314
peak €14,243 (2025)
€14,243
peak €13,384 (2025)
€13,384
€116,609
Board1 name since 2024
1 directorCOSTENIUC Alexei
Documentsfilings and deeds
19-11-202511 days before the deadline
2025micro format
Dividend €859First year with figures
Key points
from the 2025 annual accountsAt the same address
613 companies
Position in the sector
10.3%
Lower solvency than 85% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
50
Fair
Financially stronger than 19% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.9%lowest value
03-2025: 1.9%● unchanged vs 02-2025lowest value
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 2.3%▲ +0.4 percentage points vs 04-2025
06-2025: 2.4%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025
08-2025: 2.7%● unchanged vs 07-2025
09-2025: 3.0%▲ +0.3 percentage points vs 08-2025
10-2025: 3.0%● unchanged vs 09-2025highest value
11-2025: 2.9%▼ -0.1 percentage points vs 10-2025
12-2025: 2.3%▼ -0.6 percentage points vs 11-2025
01-2026: 2.5%▲ +0.2 percentage points vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.7%▲ +0.2 percentage points vs 06-2026
08-2026: 2.7%● unchanged vs 07-2026
09-2026: 2.8%▲ +0.1 percentage points vs 08-2026
10-2026: 2.6%▼ -0.2 percentage points vs 09-2026
11-2026: 2.7%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Size: turnover €637,314, total assets €129,993
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 0.81, cash €20,176
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 14% of them on solvency, 11% on liquidity and 33% on profitability.
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 30-04-2025.
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, 7,976 companies had the same profile as SKY HIGH has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SKY HIGH itself: 2.7% 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 7,976 companies, not a prediction for SKY HIGH. 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 €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.81, below 1. Short-term debt is 89.7% and cash 15.5% of total assets. 89.7% 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 14% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 19-11-2025, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005520014
Incorporation
Founding capital of €6,000, 100 shares · Founder: COSTENIUC Alexei (comparant) · Appointment: COSTENIUC Alexei (director) · published on 05-02-2024 · Gazette deed
First establishment
Chaussée d'Alsemberg 424, Braine-l'Alleud
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SKY HIGH Wezembeek-Oppem | €0.6m | 3.2% | 10.3% | - |
| ISONEST Fernelmont | - | - | 36.0% | - |
| ANDY&BE Schaerbeek | - | - | 28.5% | - |
| ISOSOLUTION Ardooie | €1.2m | 3.1% | 20.0% | - |
| JVM PLAFONNAGE Comblain-au-Pont | - | - | -9.9% | - |
| TEF CONCEPT & FILS Le Roeulx | €0.2m | 11.5% | 16.7% | - |
| WE COVER Zaventem | - | - | -13.1% | 1 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SKY HIGH: insulation installation (NACE 43230). They are comparable in size and age: total assets between €93,800 and €167,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 01-02-2024Normal situation
- Registered office
- 614 active companies are registered at this address102 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Insulation installationNACE 43230and 2 others
- Establishment unit
- 2.356.094.6631420 Braine-l'Alleud, since 01-02-2024
- Financial year end
- 30 April
- Peppol
- Reachable since 21-10-2025
Annual accounts to 30-04-2025
- €129,993
- Filing
- Filed on 19-11-2025, 11 days before the end of the filing period
Insights on SKY HIGH
The computed 12-month bankruptcy probability of SKY HIGH is 2.7% (moderate). The 2025 annual accounts show equity of €13,384 and a net result of €14,243.
Its solvency ranks better than 14% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SKY HIGH
- What is the company number of SKY HIGH?
- The company number of SKY HIGH is 1005.520.014. The VAT number is the same number with BE in front: BE 1005.520.014.
- Where is SKY HIGH based?
- The registered office is at Lange Eikstraat 46, 1970 Wezembeek-Oppem.Company details
- What does SKY HIGH do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of SKY HIGH?
- SKY HIGH is a private limited company (BV).
- When was SKY HIGH founded?
- SKY HIGH was founded on 01-02-2024.
- Is SKY HIGH still active?
- Yes, SKY HIGH is an active enterprise in the KBO register.
- What is the turnover of SKY HIGH?
- The turnover of SKY HIGH was €637,314 in financial year 2025, according to the filed annual accounts.Financials
- Is SKY HIGH profitable?
- In financial year 2025, SKY HIGH made a profit of €14,243.
- Where can I find the annual accounts of SKY HIGH?
- SKY HIGH filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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