Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of FURNIFY is 2.5% (moderate). The 2025 annual accounts show equity of €23k and a net result of €12k. Its solvency ranks better than 18% of 2873 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
2 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2873 sector peers (2025).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.5%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€12k+52.9%
Working capital€17k-3.6%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 07-04-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.4% | 43.4% | |
| Net result | €12k | €13k | |
| Equity | €23k | €44k | |
| Gross operating margin | €72k | €39k | |
| Staff costs | €49k | €30k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€23k
+99.2%
-73% vs sector
€12k
+52.9%
-72% vs sector
€17k
+113.9%
-75% vs sector
€161k
+127.1%
+47% vs sector
€23k
+111.1%
-69% vs sector
€17k
-3.6%
-70% vs sector
1
-
24-25
€49k
-
24-25
€1k
-46.2%
-91% vs sector
€138k
+130.1%
+115% vs sector
€105k
+117.0%
+222% vs sector
€33k
+186.2%
+31% vs sector
1.17
-15.2%
-77% vs sector
0.33
-53.2%
-94% vs sector
14.4%
-7.1%
-75% vs sector
5.94
+9.0%
far above sector median
52.6%
-27.5%
+21% vs sector
7.6%
-32.7%
-68% vs sector
5.04
-46.8%
-82% vs sector
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €23k |
| Net profit | €12k |
| Cash flow | €17k |
| Staff costs | €49k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €161k |
| Equity | €23k |
| Debt | €138k |
| of which ≤ 1y | €105k |
| of which > 1y | €33k |
| Working capital | €17k |
| Employees (FTE) | 1.3 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.17 |
| Quick ratio | 0.33 |
| Working capital ratio | 10.9% |
| Solvency | 14.4% |
| Debt / equity | 5.94 |
| Long-term debt ratio | 1.42 |
| Interest coverage | 5.04 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.6% |
| ROE | 52.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €161k |
| Fixed assets | 21/28 | €39k |
| Intangible fixed assets | 21 | €5k |
| Tangible fixed assets | 22/27 | €32k |
| Financial fixed assets | 28 | €939 |
| Current assets | 29/58 | €122k |
| Stocks & contracts in progress | 3 | €87k |
| Amounts receivable within one year | 40/41 | €31k |
| Cash & bank | 54/58 | €26 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €161k |
| Equity | 10/15 | €23k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €12k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €138k |
| Amounts payable after one year | 17 | €33k |
| Amounts payable within one year | 42/48 | €105k |
| Trade debts payable within one year | 44 | €65k |
| Income statement | ||
| Gross operating margin | 9900 | €72k |
| Operating result | 9901 | €18k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €13k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €12k |
| Result to be appropriated | 9905 | €12k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2025 · computed66
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
4 directorsCurrent directors & mandates
-
Current19-12-2025 → present
2 events
- 29-12-2025 Appointed· Director
- 19-12-2025 Appointed· Managing director
-
Current07-07-2025 → present
3 events
- 07-07-2025 Resigned· Director
- 07-07-2025 Appointed· Director
- 07-07-2025 Appointed· Managing director
-
Current07-07-2025 → present
Former directors (1)
-
Former- → 11-12-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Schrijnwerk(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2022 |
| Status | Active |
| Postal code | 9940 |
Structure & network
Locations & real estate
Establishment units
1 locationFURNIFY
since 20222.339.266.945
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.1 ha
Buildings2
Building footprint2,191 m²
Volume (LiDAR)3,511 m³
Tallest building7.6 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E1868/00A000 | Flanders | 2.0 ha | 1 · 1,665 m² | 0.1 m |
| 44074C0350/00D003 | Flanders | 750 m² | 1 · 526 m² | 7.6 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Capital history · 1
09-07-2025
v3.2
All acts · 5
updated 7 months ago
2025
29-12-2025 Articles of association amended
Summary:
v3.2
19-08-2025 3 directors appointed, 1 resigning
- Joachim Schouten, Bestuurder
- Jérôme Billiet, Bestuurder
- Joachim Schouten, Gedelegeerd bestuurder
- Joachim Schouten, Bestuurder
Summary:
v3.2
09-07-2025 Transaction in capital or shares
Summary:
v3.2
2024
05-08-2024 Isai Cornelis resigns as director
2022
09-12-2022 Incorporation of a new BV
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes72
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
66
Profitability
100
Solvency
24
Growth
78
Stability
94
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Credit advice
verdict per customer and amountSimilar
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Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Schrijnwerk43320Schrijnwerk43320Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen31004Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen31091Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Interieurarchitecten71112Activiteiten van interieurarchitecten71112Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
| Legal nameNL | FURNIFY |
Registered office
Braamstraat 6/16 bus unit 15B
9940 Evergem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.