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Vanbaelen Karweiwerken

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

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

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.

Overview

Official details

KBO
Status
Active since 15-05-2025 Normal situation
Legal form
Private limited company
Registered office
Kloosterstraat 56, 2260 Westerlo
Activity
Joinery installation NACE 43320and 5 others
Establishment unit
2.374.254.944 2260 Westerlo, since 15-05-2025
Financial year end
31 December
Peppol
Reachable since 12-07-2026

Who decides

Board

How it is doing

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€23,881
Turnover
≈ €250,000
estimated
Profit
€13,128
Equity
€15,628
Total assets
€71,996
2025 accounts filed 76 days late
Filed on 15-10-2026at the National Bank
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)
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% (47,675 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 31-10-2026 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
lowers risk · Liquidity: current ratio 2.30, cash €25,269
NBB · annual accounts
raises risk · 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
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 late
NBB · filings
raises risk · 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
raises risk · 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 →
raises risk · 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)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

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?
≈ €250,000 in financial year 2025. Estimated from the gross margin of €23,881: probably between €140,000 and €480,000, based on 55 comparable companies, NACE 43320. A rough estimate.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.Annual accounts at the National Bank

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