Vanbaelen Karweiwerken

Active

Private limited companyfounded 2025active for 1 yearKloosterstraat 56, 2260 Westerlo, BelgiumKBO/BCE: BE 1023.359.403

Summary

The computed 12-month bankruptcy probability of Vanbaelen Karweiwerken is 1.7% (moderate). The 2025 annual accounts show equity of €15,628 and a net result of €13,128. Its solvency ranks better than 23% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Vanbaelen KarweiwerkenActiveChecked score 56/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

≈ €250,000turnover 2025, estimated

Equity: €15,628
Profit: €13,128

Turnover estimated from the gross margin

Financial health

56 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.7%

Structure

VANBAELEN JanDirector

2025 accounts filed 76 days late

Why 56raises riskFounded in 2025Last filed accounts filed 76 days late; 1 of the last 3 lateSize: total assets €71,996lowers riskLiquidity: current ratio 2.30, cash €25,269Show the evidence

Checked score

Score 2025

56 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 62% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 47

equity 21.7% of total assets

Liquidity 89

short-term debt 18.6% · cash 35.1%

Profitability 92

return on assets 18.2%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 06-2026: 1.9% 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.1 percentage points vs 07-2026 09-2026: 2.4%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.7%▼ -0.7 percentage points vs 09-2026lowest value

Credit of up to €500 on 30-day terms is acceptable

Liquidity ample (current ratio 2.3, above the usual 1.5; short-term debt: 18.6% and cash: 35.1% of total assets), but 78.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 23% on solvency, 86% on liquidity and 78% on profitability.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Liquidity: current ratio 2.30, cash €25,269

NBB · annual accounts

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Last filed accounts filed 76 days late; 1 of the last 3 late

NBB · filings

Size: total assets €71,996

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 34855 sector peers (2025).

NBB · sector comparison

Position among 34855 sector peers

Solvency

better than 23%

← weakest strongest →

2025 accounts filed 76 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2025

76 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

15-10-2026 Annual accounts filedfinancial year 2025 · micro…
19-05-2025 IncorporationAppointment: VANBAELEN Jan (director) ·…

Key points

Caution: Latest accounts filed lateafter the legal deadline 76 days View
Founded 17 months agofounded 15-05-2025 17 months View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Total assets: €71,996
Profit: €13,128
Solvency: 21.7%

Go to Financials

Board & ownership

Board: 1 member

VANBAELEN JanDirector

Go to Board & ownership

Timeline

Events: 2
Since: 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 15-05-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: Third Friday of June at 14:00

Go to Articles of association

Key facts about Vanbaelen Karweiwerken

What is the company number of Vanbaelen Karweiwerken?: 1023.359.403. In Belgium the VAT number is the company number with BE in front: BE 1023.359.403.
Where is Vanbaelen Karweiwerken based?: The registered office is at Kloosterstraat 56, 2260 Westerlo.Company details
What does Vanbaelen Karweiwerken do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Vanbaelen Karweiwerken?: Private limited company (BV).
When was Vanbaelen Karweiwerken founded?: On 15-05-2025.
Is Vanbaelen Karweiwerken still active?: Yes, Vanbaelen Karweiwerken is an active enterprise in the KBO register.
What is the turnover of Vanbaelen Karweiwerken?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Vanbaelen Karweiwerken profitable?: In financial year 2025, Vanbaelen Karweiwerken made a profit of €13,128.
Where can I find the annual accounts of Vanbaelen Karweiwerken?: Vanbaelen Karweiwerken filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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Overview