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AUGUSTYNS

Active
Private limited companyfounded 1977active for 49 yearsKalmthoutse Steenweg 193, 2990 Wuustwezel, Belgium14 active companies are registered at this addressKBO/BCE: BE 0416.822.559
Summary

The computed 12-month bankruptcy probability of AUGUSTYNS is 6.8% (elevated). The 2025 annual accounts show negative equity (-€1.0m) and a net result of -€671,887. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 283 sector peers (NACE 31, financial year 2025). The company has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of furniture
NACE 31002Joinery installation NACE 43320
2nd oldest company in Wuustwezel, Manufacturing sector2 sites
Size
€5.0mtotal assets 2025
Staff
32.1 FTE
Equity
-€1.0m
Loss
-€671,887
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.8%
Structure
Parent
AUGUSTYNS INTERIEUR · 99.9%
  • AUGUSTYNS ECODirector · permanent representative Augustyns Seppe
  • ORIL MANAGEMENTDirector · permanent representative Augustyns Lotte
  • LZS MANAGEMENTDirector · permanent representative Jozef Augustyns
Accounts 28 days early2 of 4 deeds read
Why 32raises riskNegative equity -€1.0mLoss of €671,887, the second in a row (financial year 2025)Liquidity: current ratio 0.92, cash €162,116Sector: Manufacture of furniture (NACE 31)Show the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 4% of its sector peers (NACE 31, small)
Financial strength · tick = 2024
Weak
Solvency 4-12
equity -20.9% of total assets
Liquidity 4-21
short-term debt 91.8% · cash 3.2%
Profitability 2=
return on assets -13.4%
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (136 companies, NACE 31, small)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025lowest value 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.6%▲ +0.7 percentage points vs 07-2025 09-2025: 6.8%▲ +4.2 percentage points vs 08-2025 10-2025: 6.8%● unchanged vs 09-2025 11-2025: 6.8%● unchanged vs 10-2025 12-2025: 6.8%● unchanged vs 11-2025 01-2026: 6.8%● unchanged vs 12-2025 02-2026: 6.8%● unchanged vs 01-2026 03-2026: 6.9%▲ +0.1 percentage points vs 02-2026 04-2026: 7.0%▲ +0.1 percentage points vs 03-2026 05-2026: 7.0%● unchanged vs 04-2026 06-2026: 7.2%▲ +0.2 percentage points vs 05-2026 07-2026: 7.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 6.8%▼ -0.5 percentage points vs 07-2026 09-2026: 6.8%● unchanged vs 08-2026 10-2026: 6.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.92, compared with 1.39 in 2024, below 1; short-term debt: 91.8% and cash: 3.2% of total assets), and equity is negative.
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 31, small): better than 5% on solvency, 2% on liquidity, 4% on profitability and 4% on growth.

The bankruptcy probability was computed on 21-10-2026 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.
raises riskneutral
raises risk · Negative equity -€1.0m
NBB · annual accounts
raises risk · Loss of €671,887, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92, cash €162,116
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.0m
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
22 days late
2023
19 days late
2022
31 days early
2021
31 days early
2020
46 days early
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% 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 3 July (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Jozef Augustyns (manager)Appointment: LZS MANAGEMENT (director) ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.0m View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€671,887 View
  • Caution: Equity fell in 2025from -€374,518 to -€1.0m ▼ 179% View
  • Caution: Among the weakest 5% on net resultsector median €14,644 · 283 companies -€671,887 View
  • Controlled by AUGUSTYNS INTERIEUR 99.9% View
  • Board changedlatest change 18-03-2026 · 3 in office 1 joined · 1 left View
  • Active since 1977founded 06-01-1977 49 years View

By topic

Financials

Financial year
2025
Total assets
€5.0m
Loss
-€671,887
Solvency
-20.9%
Turnover▼ 16.9%
Net result
20202023
Go to Financials

Board & ownership

Board
3 members
Parent
AUGUSTYNS INTERIEUR · 99.9%
  • AUGUSTYNS ECODirector
  • ORIL MANAGEMENTDirector
  • LZS MANAGEMENTDirector
Go to Board & ownership

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 11-10-2024Resignation: Oril Management BV (director)
  2. 19-08-2024Annual accounts filed
  3. 30-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of furnitureNACE 31002
Founded
06-01-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Who signs
Each director alone
Annual meeting
Third Tuesday of June at 16:00
Purpose
“Het aannemen en uitvoeren van schrijnwerkerij,meubelmakerij en carosseriewerken; Het kopen…” (deed in Dutch)
Go to Articles of association

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