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Filter Service

Active
Public limited companyfounded 1971active for 54 yearsHandelsstrasse 16, 4700 Eupen, BelgiumKBO/BCE: BE 0411.886.447
Summary

Filter Service has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.5m and a net result of €279,455. Equity has been growing by about 4.2% per year since 2018. Its solvency ranks better than 81% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-12-1971 Normal situation
Activity
Wholesale trade NACE 46492and 2 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.006.665.625 4700 Eupen, since 01-01-1972
Financial year end
31 December
Peppol
Reachable since 11-07-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€13.0m
▲ 2.6%
Profit
€279,455
▼ 26.5%
Equity
€5.5m
▼ 0.1%
Total assets
€7.3m
▲ 2.3%
Employees on 31-12-2025
33
=
Score breakdownlowers riskLiquidity: current ratio 3.40, cash €1.2mFounded in 1971Equity €5.5m (74.8% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 74.8% of total assets
Liquidity 61+7
short-term debt 24.9% · cash 16.2%
Profitability 62-3
return on assets 3.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.4 (3.64 in 2024), above the usual 1.5. Short-term debt is 24.9% and cash 16.2% of total assets. 25.2% 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 46, small). It does better than 83% of them on solvency, 79% on liquidity, 47% on profitability and 44% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.40, cash €1.2m
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €5.5m (74.8% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
34 days early
2023
36 days early
2022
38 days early
2021
41 days early
2020
44 days early
2019
31 days early
← 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 34 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Positive: 2nd oldest company in Eupen, Wholesale and retail trade sectorin the Checked rankings No. 2 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €279,455 8 years View
  • Board changedlatest change 14-07-2026 · 3 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed 2 directors appointed, 1 director resigningResignation: Georg von Schwartzenberg (director) · Appointment: Gesa Consulting SRL (director) · Permanent representative: Georg von Schwartzenberg
  2. · Gazette deed Reappointment: 3R, Leboutte & C° SRL (statutory auditor)Permanent representatives: Lora JORIS and Rahier Samuel
  3. · Gazette deed 1 director appointed, 3 reappointedReappointments: Ralph VON SCHWARTZENBERG, Georg VON SCHWARTZENBERG and HegaManagement · Permanent representative: Heribert VON SCHARZENBERG · Appointment: HegaManagement (chair of the board and managing director)
All 17 events

Comparable companies

These companies have the same main activity as Filter Service: wholesale trade (NACE 46492). They are comparable in size and age: total assets between €3.3m and €11m, founded between 1955 and 1988.

CompanyTotal assetsTurnover
Filter Service Eupen€7.3m€13.0m
HALLMARK CARDS BELGIUM Schoten€10.5m€6.9m
Turbel Brussel€7.9m€10.4m
BAERT Ternat€10.2m€21.2m
Etilux Liège€4.4m-
Exaclair Anderlecht€3.3m€16.7m
Houweling Belgium Aarschot€4.6m€10.2m
Full comparison

Key facts about Filter Service

What is the company number of Filter Service?
The company number of Filter Service is 0411.886.447. The VAT number is the same number with BE in front: BE 0411.886.447.
Where is Filter Service based?
The registered office is at Handelsstrasse 16, 4700 Eupen.Company details
What does Filter Service do?
According to the KBO register, the main activity is wholesale trade (NACE 46492).
What is the legal form of Filter Service?
The legal form of Filter Service is Public limited company (NV).
When was Filter Service founded?
Filter Service was founded on 13-12-1971.
Is Filter Service still active?
Yes, Filter Service is an active enterprise in the KBO register.
How many employees does Filter Service have?
Filter Service had an average of 29.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Filter Service fall under?
In its 2025 annual accounts, Filter Service states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Filter Service?
The turnover of Filter Service was €13.0m in financial year 2025, according to the filed annual accounts.
Is Filter Service profitable?
In financial year 2025, Filter Service made a profit of €279,455.
Where can I find the annual accounts of Filter Service?
Filter Service filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Filter Service due?
Filter Service must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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