Kraco
ActiveSummary
Kraco has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €23k. Equity is growing by ~62.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+25
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.68 against 1.16 in 2023; short-term debt: 17.1% and cash: 49.5% of total assets), and 17.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
2022
38 d early
2021
33 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 24.2%
2023 · €42k
2021: €13klowest in 4 years
2022: €19k▲ +48.4% vs 2021
2023: €42k▲ +119% vs 2022
2024: €52k▲ +24.2% vs 2023highest in 4 years
2021 → 2024
Total assets
€63k▼ 25.3%
2023 · €84k
2021: €79k
2022: €77k▼ -1.9% vs 2021
2023: €84k▲ +8.5% vs 2022highest in 4 years
2024: €63k▼ -25.3% vs 2023lowest in 4 years
2021 → 2024
Net result
€23k▲ 0.9%
2023 · €23k
2021: €8k
2022: €6k▼ -20.8% vs 2021lowest in 4 years
2023: €23k▲ +266% vs 2022
2024: €23k▲ +0.9% vs 2023highest in 4 years
2021 → 2024
Working capital
€29k▲ 324%
2023 · €7k
2021: €-13klowest in 4 years
2022: €-13k▲ +3.7% vs 2021
2023: €7k▲ +153% vs 2022
2024: €29k▲ +324% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€13k-€19k▲ 48.4%€42k▲ 119%€52k▲ 24.2%
2021: €13klowest in 4 years
2022: €19k▲ +48.4% vs 2021
2023: €42k▲ +119% vs 2022
2024: €52k▲ +24.2% vs 2023highest in 4 years
Operating result€8k-€7k▼ 16.2%€28k▲ 321%€22k▼ 22.3%
2021: €8k
2022: €7k▼ -16.2% vs 2021lowest in 4 years
2023: €28k▲ +321% vs 2022highest in 4 years
2024: €22k▼ -22.3% vs 2023
Net result€8k-€6k▼ 20.8%€23k▲ 266%€23k▲ 0.9%
2021: €8k
2022: €6k▼ -20.8% vs 2021lowest in 4 years
2023: €23k▲ +266% vs 2022
2024: €23k▲ +0.9% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets
€23k ▼ 33.4%
Current assets
€39k ▼ 19.5%
Equity and liabilities €63k
Equity
€52k ▲ 24.2%
Debt
€11k ▼ 74.6%
Debt's share of the balance-sheet total falls from 50.1% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2023 · €45k
Cash flow
€40k▲
2023 · €39k
Current ratio
3.68▲
2023 · 1.16
Debt to equity
0.21▼
2023 · 1.01
ROE
44.2%▼
2023 · 54.4%
ROA
36.7%▲
2023 · 27.1%
Interest coverage
221.01▲
2023 · 167.90
Debt ≤ 1 year
€11k▼
2023 · €42k
Income taxes
€8k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€84k€63k▼
Fixed assets21/28€35k€23k▼
Tangible fixed assets22/27€35k€23k▼
Plant, machinery and equipment23€971€549▼
Furniture and vehicles24€34k€23k▼
Current assets29/58€49k€39k▼
Amounts receivable within one year40/41€7k€3k▼
Other amounts receivable41€7k€3k▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€31k€31k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€84k€63k▼
Equity10/15€42k€52k▲
Contributions10/11€5k-
Outside capital11€5k-
Share premium1100/10€5k-
Reserves13€37k€52k▲
Distributable reserves133€37k€52k▲
Amounts payable17/49€42k€11k▼
Amounts payable within one year42/48€42k€11k▼
Current portion of amounts payable after more than one year42€20k-
Trade debts44€7k€112▼
Suppliers440/4€7k€112▼
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€11k€6k▼
Other amounts payable47/48€4k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€629€190▼
Gross operating margin9900€45k€39k▼
Operating profit (loss)9901€28k€22k▼
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€267€176▼
Recurring financial charges65€267€176▼
Profit (loss) for the period before taxes9903€32k€31k▼
Income taxes67/77€9k€8k▼
Profit (loss) for the period9904€23k€23k▲
Profit (loss) for the period to be appropriated9905€23k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€23k▲
Transfer from equity791/2-€8k
Transfer to equity691/2€23k€23k▲
To other reserves6921€23k€23k▲
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €17k | €17k | €17k | ▲ 3.0% |
| Other operating charges640/8 | €433 | €504 | €629 | €190 | ▼ 69.8% |
| Gross operating margin9900 | €26k | €24k | €45k | €39k | ▼ 13.7% |
| Operating profit (loss)9901 | €8k | €7k | €28k | €22k | ▼ 22.3% |
| Financial income75/76B | €4k | €3k | €4k | €10k | ▲ 141% |
| Recurring financial income75 | €4k | €3k | €4k | €10k | ▲ 141% |
| Financial charges65/66B | €615 | €427 | €267 | €176 | ▼ 33.8% |
| Recurring financial charges65 | €615 | €427 | €267 | €176 | ▼ 33.8% |
| Profit (loss) for the period before taxes9903 | €11k | €10k | €32k | €31k | ▼ 1.5% |
| Income taxes67/77 | €3k | €3k | €9k | €8k | ▼ 7.7% |
| Profit (loss) for the period9904 | €8k | €6k | €23k | €23k | ▲ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €8k | €6k | €23k | €23k | ▲ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €79k | €77k | €84k | €63k | ▼ 25.3% |
| Fixed assets21/28 | €66k | €52k | €35k | €23k | ▼ 33.4% |
| Tangible fixed assets22/27 | €66k | €52k | €35k | €23k | ▼ 33.4% |
| Plant, machinery and equipment23 | €2k | €1k | €971 | €549 | ▼ 43.4% |
| Furniture and vehicles24 | €64k | €50k | €34k | €23k | ▼ 33.1% |
| Current assets29/58 | €13k | €26k | €49k | €39k | ▼ 19.5% |
| Amounts receivable within one year40/41 | €6k | €2k | €7k | €3k | ▼ 56.1% |
| Other amounts receivable41 | €6k | €2k | €7k | €3k | ▼ 56.1% |
| Current investments50/53 | - | - | €5k | €5k | = |
| Cash at bank and in hand54/58 | €7k | €23k | €31k | €31k | ▲ 1.3% |
| Deferred charges and accrued income490/1 | - | €1k | €6k | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €79k | €77k | €84k | €63k | ▼ 25.3% |
| Equity10/15 | €13k | €19k | €42k | €52k | ▲ 24.2% |
| Contributions10/11 | €5k | €5k | €5k | - | - |
| Outside capital11 | €5k | €5k | €5k | - | - |
| Share premium1100/10 | €5k | €5k | €5k | - | - |
| Reserves13 | €8k | €14k | €37k | €52k | ▲ 41.1% |
| Distributable reserves133 | €8k | €14k | €37k | €52k | ▲ 41.1% |
| Amounts payable17/49 | €66k | €58k | €42k | €11k | ▼ 74.6% |
| Amounts payable after more than one year17 | €40k | €20k | - | - | - |
| Financial debts170/4 | €40k | €20k | - | - | - |
| Amounts payable within one year42/48 | €26k | €38k | €42k | €11k | ▼ 74.6% |
| Current portion of amounts payable after more than one year42 | €20k | €20k | €20k | - | - |
| Trade debts44 | - | €54 | €7k | €112 | ▼ 98.4% |
| Suppliers440/4 | - | €54 | €7k | €112 | ▼ 98.4% |
| Taxes, remuneration and social security45 | - | €12k | €11k | €6k | ▼ 45.9% |
| Taxes450/3 | - | €12k | €11k | €6k | ▼ 45.9% |
| Other amounts payable47/48 | €6k | €6k | €4k | €5k | ▲ 17.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €6k | €23k | €23k | ▲ 0.9% |
| + Depreciation and write-downs630 | €17k | €17k | €17k | €17k | ▲ 3.0% |
| Operating cash flow (approximation) | €25k | €23k | €39k | €40k | ▲ 1.8% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-5k | - |
| Change in cash | - | €15k | €8k | €383 | ▼ 95.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €23k ▲0.9%
Net result €23k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.68
Current ratio from 1.16 to 3.68; short-term debt falls from €42k to €11k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼20.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Bilzen-Hoeselt · 1 establishment unit since 2020
Ground area
1,584 m²
Building footprint
234 m²
Volume, LiDAR
1 m³
Parcel 73032F0520/00F000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Kraco
since 20202.310.430.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032F0520/00F000 | Flanders | 1,584 m² | 1 · 233 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
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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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,500 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.