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KERACO

Active Private limited company (pre-2019)founded 2010active for 15 yearsTiensesteenweg 232, 3380 GlabbeekKBO/BCE: BE 0832.325.425

Lifetime

14 annual accounts with figures on one time axis
peak €39,382 (2021)
€19,405▲ 23.7%
lowest -€11,410 (2020)
€9,034▲ 20.8%
peak €62,734 (2024)
€62,734▲ 16.8%
€148,609▼ 11.4%
Board1 name since 2010
1 director
Documentsfilings and deeds
13-10-202574 days late
2024micro format
Gross margin from €15,685 to €19,405Equity from €53,701 to €62,734Cash from €4,780 to €15,548

Key points

from the 2024 annual accounts

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Debts

€148,609 70% of the balance sheet
Financial debts 88%Suppliers 2%Taxes and wages 2%Other 9%

Of this, €18,159 falls due within a year.

Filings

14 annual accounts 104 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as KERACO has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for KERACO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 29-12-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0832325425
Registered office moved from Hoegaarden to Glabbeek New registered office: Tiensesteenweg 232 3380 Glabbeek · Previous registered office: Gaatstraat 1 3320 Hoegaarden · General meeting of 01-04-2020 · Gazette deed
Incorporation published on 31-12-2010 · Gazette deed
First establishment Tiensesteenweg 232, Glabbeek
All 23 events

Comparable companies

same main activity, similar in size and age
Company
KERACO Glabbeek €211,344 €19,405 29.7% -
DE MEUTER SVEN Merchtem €171,088 €19,869 58.1% -
FORGREEN Quévy €209,728 €17,042 80.8% -
BRABOSERVICE Boechout €183,905 €18,019 -22.6% -
RUDIS TUIN Lubbeek €204,508 €19,539 79.0% -
THE CONCEPT POOL Pajottegem €174,957 €21,851 60.9% -
Tuinwerken De Cubber Boortmeerbeek €159,425 €17,837 97.4% -

These companies have the same main activity as KERACO: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €159,000 and €210,000, founded between 2008 and 2013.

Official details

Source: KBO
Status
Active since 29-12-2010Normal situation
Activity
Landscape service activitiesNACE 81300and 4 others
Establishment unit
2.195.283.8083380 Glabbeek, since 29-12-2010
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2024

€211,344▼ 4.6%
Filing
Filed on 13-10-2025
Financials

Insights on KERACO

KERACO files the micro format. That format states no turnover. The gross margin rose from €8,871 in 2011 to €19,405 in 2024.

The balance sheet grew most from 2018 to 2020 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KERACO

What is the company number of KERACO?
The company number of KERACO is 0832.325.425. The VAT number is the same number with BE in front: BE 0832.325.425.
Where is KERACO based?
The registered office is at Tiensesteenweg 232, 3380 Glabbeek.Company details
What does KERACO do?
According to the KBO register, the main activity is landscape service activities (NACE 81300).
What is the legal form of KERACO?
KERACO is a private limited company (pre-2019) (BVBA).
When was KERACO founded?
KERACO was founded on 29-12-2010.
Is KERACO still active?
Yes, KERACO is an active enterprise in the KBO register.
What is the turnover of KERACO?
The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €19,405 and 36 comparable companies (NACE 81300). It probably lies between €95,000 and €280,000. It is a rough estimate.Financials
Is KERACO profitable?
In financial year 2024, KERACO made a profit of €9,034.
Where can I find the annual accounts of KERACO?
KERACO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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