BAELE KRIS
ActiveBAELE KRIS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €560k and a net result of €271k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 55% of 639 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+7
Solvency71▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 11.69 in 2024; short-term debt: 29% and cash: 20.4% of total assets), but 54% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46%
Return on assets
22.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
28 d early
2022
2 d early
2021
2 d early
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€560k▼ 8.4%
2024 · €612k
2018: €489k
2019: €531k
2020: €485k
2021: €446k
2022: €457k
2023: €536k
2024: €612k
2018 → 2025
Total assets
€1.22M▲ 21.5%
2024 · €1.00M
2018: €817k
2019: €860k
2020: €899k
2021: €965k
2022: €955k
2023: €943k
2024: €1.00M
2018 → 2025
Net result
€271k▲ 58.8%
2024 · €171k
2018: €36k
2019: €43k
2020: €31k
2021: €152k
2022: €125k
2023: €122k
2024: €171k
2018 → 2025
Working capital
€858k▼ 5.5%
2024 · €908k
2018: €789k
2019: €783k
2020: €739k
2021: €713k
2022: €732k
2023: €828k
2024: €908k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€446k-€457k▲ 2.4%€536k▲ 17.3%€612k▲ 14.2%€560k▼ 8.4%
Operating result€235k-€191k▼ 18.8%€187k▼ 2.0%€257k▲ 37.7%€404k▲ 57.1%
Net result€152k-€125k▼ 18.0%€122k▼ 2.5%€171k▲ 40.3%€271k▲ 58.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€7k▼ 30.6%
Current assets
€1.21M▲ 22.0%
Equity and liabilities €1.22M
Equity
€560k▼ 8.4%
Debt
€658k▲ 68.5%
The debt ratio rises from 38.9% to 54.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€408k▲
2024 · €262k
Cash flow
€276k▲
2024 · €175k
Solvency
46.0%▼
2024 · 61.1%
Current ratio
3.43▼
2024 · 11.69
Quick ratio
0.74▼
2024 · 0.94
Debt / equity
1.17▲
2024 · 0.64
ROE
48.4%▲
2024 · 27.9%
ROA
22.3%▲
2024 · 17.0%
Interest coverage
33.59▲
2024 · 21.40
Debt
€658k▲
2024 · €390k
Debt ≤ 1 year
€354k▲
2024 · €85k
Debt > 1 year
€300k=
2024 · €300k
Income taxes
€121k▲
2024 · €74k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€1.22M▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€1k€2k▲
Other tangible fixed assets26€8k€5k▼
Current assets29/58€993k€1.21M▲
Stocks and contracts in progress3€913k€951k▲
Stocks30/36€913k€951k▲
Amounts receivable within one year40/41€6k-
Other amounts receivable41€6k-
Cash at bank and in hand54/58€71k€248k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.22M▲
Equity10/15€612k€560k▼
Reserves13€612k€560k▼
Distributable reserves133€612k€560k▼
Profit (loss) carried forward14€21€50▲
Amounts payable17/49€390k€658k▲
Amounts payable after more than one year17€300k€300k=
Financial debts170/4€300k€300k=
Amounts payable within one year42/48€85k€354k▲
Trade debts44€928€6k▲
Suppliers440/4€928€6k▲
Taxes, remuneration and social security45€14k€24k▲
Taxes450/3€14k€24k▲
Other amounts payable47/48€70k€324k▲
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€264k€410k▲
Operating profit (loss)9901€257k€404k▲
Financial income75/76B€213€229▲
Recurring financial income75€213€229▲
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€245k€392k▲
Income taxes67/77€74k€121k▲
Profit (loss) for the period9904€171k€271k▲
Profit (loss) for the period to be appropriated9905€171k€271k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€271k▲
Profit (loss) brought forward from the previous period14P€27€21▼
Transfer from equity791/2€43k€321k▲
Transfer to equity691/2€169k€270k▲
To other reserves6921€169k€270k▲
Profit to be distributed694/7€45k€323k▲
Return on contributions (dividend)694€45k€323k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €271k ▲58.8%
Operating result €404k, net result €271k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €500kEq €536k ▲17.3%
6 profitable years in a row build equity to €536k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €31k ▼27.6%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €500kEq €531k ▲8.8%
2 profitable years in a row build equity to €531k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Florimond Leirensstraat 199230 WetterenGround area
191 m²
Building footprint
179 m²
Volume, LiDAR
1,179 m³
Parcel 42302E0850/00C000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAELE KRIS
since 20042.250.405.839
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0850/00C000 | Flanders | 191 m² | 1 · 179 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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JENNOR
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LORE VAN KEER
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VAN DE POPULIERE
BE 0477.943.744
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Général Décoration
BE 0406.818.394
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Elke Smellenbergh
BE 0893.722.465
Hasselt · Eq €513k
Of 1,528 companies in sector 32123 we hold annual accounts for 225. 120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2004
Fiscal year end30-09
Activities, NACEBEL
32123Manufacture of jewellery
36223
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.