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WAELKENS JAN

Active
Private limited companyfounded 2013active for 13 yearsEssex Scottishlaan 107, 8434 Middelkerke, BelgiumKBO/BCE: BE 0526.802.842

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WAELKENS JAN has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,852 and a net result of -€5,958. Equity has been growing by about 3.7% per year since 2018. Its solvency ranks better than 40% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 04-04-2013 Normal situation
Activity
Painting of buildings NACE 43341
Establishment unit
2.221.488.060 8790 Waregem, since 04-04-2013
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€11,937
▲ 11.3%
Turnover
≈ €120,000
estimated
Loss
€5,958
▼ 30.0%
Equity
€71,852
▼ 7.7%
Total assets
€189,741
▼ 8.3%
Filed on 21-05-2026, 71 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €5,958, the second in a row (financial year 2025)lowers riskFounded in 2013Size: total assets €189,741Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 31% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 63=
equity 37.9% of total assets
Liquidity 37+3
short-term debt 50.5% · cash 9.5%
Profitability 65+1
return on assets -3.1%
Bankruptcy probability within 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 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%▲ +0.2 percentage points vs 03-2025 05-2025: 2.4%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.6%▼ -0.7 percentage points vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 0.8%▼ -0.8 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.4 percentage points vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.2 (0.21 in 2024), below 1. Short-term debt is 50.5% and cash 9.5% of total assets. 62.1% of the assets are financed with debt and provisions.
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 40% of them on solvency, 25% on liquidity, 31% on profitability and 26% on growth.

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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €189,741
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €5,958, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,958
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
37 days early
2023
29 days late
2022
31 days late
2021
12 days late
2020
26 days late
2019
122 days late
← 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 16 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 85% of companies in specialised constructionsector median €10,227 · 34,889 companies -€5,958 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€5,958 View

Comparable companies

These companies have the same main activity as WAELKENS JAN: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €124,000 and €253,000, founded between 2008 and 2014.

CompanyTotal assetsGross margin
WAELKENS JAN Middelkerke€189,741€11,937
SCHILDER- EN DECORATIEWERKEN MAHIEU Roeselare€252,721€10,315
De Winter Waregem€203,302€8,481
DESCO SCHILDERWERKEN Hasselt€194,215€15,817
DND RENOVE Grimbergen€134,854€9,599
ARTAN Brugge€167,911€21,368
DECORATIE JTC Harelbeke€124,074€13,896
Full comparison

Documents

Annual accounts at the NBB

All 12 annual accounts

Articles and registers

Key facts about WAELKENS JAN

What is the company number of WAELKENS JAN?
The company number of WAELKENS JAN is 0526.802.842. The VAT number is the same number with BE in front: BE 0526.802.842.
Where is WAELKENS JAN based?
The registered office is at Essex Scottishlaan 107, 8434 Middelkerke.Company details
What does WAELKENS JAN do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of WAELKENS JAN?
The legal form of WAELKENS JAN is Private limited company (BV).
When was WAELKENS JAN founded?
WAELKENS JAN was founded on 04-04-2013.
Is WAELKENS JAN still active?
Yes, WAELKENS JAN is an active enterprise in the KBO register.
What is the turnover of WAELKENS JAN?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €11,937 and 163 comparable companies (NACE 433). It probably lies between €70,000 and €250,000. It is a rough estimate.Financials
Is WAELKENS JAN profitable?
In financial year 2025, WAELKENS JAN made a loss of €5,958.
Where can I find the annual accounts of WAELKENS JAN?
WAELKENS JAN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of WAELKENS JAN due?
WAELKENS JAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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