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DECRAENE KRIS

Active
Private limited companyfounded 200026 yrs activeDoorniksewijk(Kor) 45, 8500 Kortrijk, BelgiumKBO/BCE: BE 0471.569.854
Summary

The computed 12-month bankruptcy probability of DECRAENE KRIS is 1.9% (moderate). The 2026 annual accounts show equity of €201,893 and a net result of €17,851. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 131 sector peers (fiscal year 2026). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
DECRAENE KRISActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 74151
1 site
Size
€1.9mtotal assets 2026
Staff
1.2 FTE
Equity
€201,893
Profit
€17,851
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2026
Bankruptcy chance 12 m
1.9%
Structure
Holdings
1
Accounts 47 d early1 of 4 deeds read
Why 53- Liquidity: current ratio 1.06, cash €6,836, halved- Equity €201,893 (10.9% of total assets)- 1 change of registered office in 24 months- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2026
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 30% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Weak
Solvency 36+1
equity 10.9% of total assets
Liquidity 38=
short-term debt 30.5% · cash 0.4%
Profitability 51+7
return on assets 1.0%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
Last 14 months 09-2025: 1.5% 10-2025: 1.7%▲ +17.9% vs 09-2025 11-2025: 0.8%▼ -55.4% vs 10-2025lowest value 12-2025: 0.8%● 0.0% vs 11-2025lowest value 01-2026: 0.8%● 0.0% vs 12-2025lowest value 02-2026: 0.8%● 0.0% vs 01-2026lowest value 03-2026: 0.8%● 0.0% vs 02-2026lowest value 04-2026: 0.8%● 0.0% vs 03-2026lowest value 05-2026: 0.8%▲ +3.2% vs 04-2026 06-2026: 1.2%▲ +55.3% vs 05-2026 07-2026: 1.3%▲ +5.1% vs 06-2026 08-2026: 1.6%▲ +22.2% vs 07-2026 09-2026: 1.7%▲ +5.8% vs 08-2026 10-2026: 1.9%▲ +10.3% vs 09-2026highest value
  • Liquidity: current ratio 1.06, cash €6,836, halved raises the probability
  • Equity €201,893 (10.9% of total assets) raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.05 in 2025; short-term debt: 30.5% and cash: 0.4% of total assets), and 89.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 14%, liquidity 26%, profitability 24%, growth against the median 54%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.06, cash €6,836, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €201,893 (10.9% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 131 sector peers (2026).
NBB · sector comparison
Position among 131 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 d early
2025
25 d early
2024
37 d early
2023
on the day
2022
10 d early
2021
11 d early
2020
29 d early
← 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 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 6 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Permanent representative: Françoise AmezRegistered-office move
  3. Equity above €200,000Eq €201,893 ▲9.7%

Key points

  • Caution: Among the weakest 12% on solvencysector median 48.5% · 131 companies 10.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 2000founded 10-04-2000 26 years View

By topic

Financials

Fiscal year
2026
Total assets
€1.9m
Profit
€17,851
Solvency
10.9%
Total assets▲ 1.1%
Net result
20192026
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-10-2027
  1. 14-09-2026Annual accounts filed
  2. 27-05-2026Permanent representative: Françoise Amez
  3. 31-03-2026Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
10-04-2000
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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