KRADO
ActiveSummary
The computed 12-month bankruptcy probability of KRADO is 1.7% (moderate). The 2025 annual accounts show equity of €26k and a net result of €19k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 13417 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+31
Solvency61▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.49 in 2024; short-term debt: 64.1% and cash: 34.1% of total assets), and 64.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
35.9%
Return on assets
27%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
24 d late
2024
29 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
13 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 56.9%
2024 · €16k
2019: €10klowest in 7 years
2020: €12k▲ +16.2% vs 2019
2021: €15k▲ +27.4% vs 2020
2022: €13k▼ -12.3% vs 2021
2023: €16k▲ +21.4% vs 2022
2024: €16k● +0.0% vs 2023
2025: €26k▲ +56.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€71k▲ 15.0%
2024 · €62k
2019: €49k
2020: €37k▼ -24.6% vs 2019
2021: €36k▼ -2.5% vs 2020
2022: €40k▲ +11.4% vs 2021
2023: €35k▼ -12.9% vs 2022lowest in 7 years
2024: €62k▲ +76.7% vs 2023
2025: €71k▲ +15.0% vs 2024highest in 7 years
2019 → 2025
Net result
€19k▲ 245,231%
2024 · €8
2019: €4k
2020: €2k▼ -59.7% vs 2019
2021: €3k▲ +96.6% vs 2020
2022: €-2k▼ -157% vs 2021lowest in 7 years
2023: €3k▲ +253% vs 2022
2024: €8▼ -99.7% vs 2023
2025: €19k▲ +245231% vs 2024highest in 7 years
2019 → 2025
Working capital
€-18k▲ 23.9%
2024 · €-23k
2019: €-4k
2020: €-1k▲ +70.1% vs 2019
2021: €5k▲ +491% vs 2020highest in 7 years
2022: €-9k▼ -291% vs 2021
2023: €-4k▲ +57.6% vs 2022
2024: €-23k▼ -490% vs 2023lowest in 7 years
2025: €-18k▲ +23.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€13k▼ 12.3%€16k▲ 21.4%€16k=€26k▲ 56.9%
2021: €15k
2022: €13k▼ -12.3% vs 2021lowest in 5 years
2023: €16k▲ +21.4% vs 2022
2024: €16k● +0.0% vs 2023
2025: €26k▲ +56.9% vs 2024highest in 5 years
Operating result€3k-€-2k€3k€122▼ 96.0%€19k▲ 15,807%
2021: €3k
2022: €-2k▼ -165% vs 2021lowest in 5 years
2023: €3k▲ +239% vs 2022
2024: €122▼ -96.0% vs 2023
2025: €19k▲ +15807% vs 2024highest in 5 years
Net result€3k-€-2k€3k€8▼ 99.7%€19k▲ 245,231%
2021: €3k
2022: €-2k▼ -157% vs 2021lowest in 5 years
2023: €3k▲ +253% vs 2022
2024: €8▼ -99.7% vs 2023
2025: €19k▲ +245231% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15,807% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€43k ▲ 8.1%
Current assets
€28k ▲ 27.6%
Equity and liabilities €71k
Equity
€26k ▲ 56.9%
Debt
€46k =
Debt's share of the balance-sheet total falls from 73.7% to 64.1%. Equity is higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €4k
Cash flow
€26k▲
2024 · €4k
Current ratio
0.61▲
2024 · 0.49
Debt to equity
1.78▼
2024 · 2.80
ROE
75.3%▲
2024 · 0.0%
ROA
27.0%▲
2024 · 0.0%
Interest coverage
171.41▲
2024 · 37.59
Debt ≤ 1 year
€46k▲
2024 · €45k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€62k€71k▲
Fixed assets21/28€40k€43k▲
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€37k€41k▲
Plant, machinery and equipment23€21k€26k▲
Furniture and vehicles24-€1k
Other tangible fixed assets26€16k€13k▼
Current assets29/58€22k€28k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€436€855▲
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€11k€24k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€62k€71k▲
Equity10/15€16k€26k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€10k€19k▲
Amounts payable17/49€46k€46k=
Amounts payable within one year42/48€45k€46k▲
Trade debts44€973€1k▲
Suppliers440/4€973€1k▲
Advances received on contracts in progress46€4k€3k▼
Taxes, remuneration and social security45€55€1k▲
Taxes450/3€55€1k▲
Other amounts payable47/48€40k€40k▼
Accrued charges and deferred income492/3€500€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€741€882▲
Gross operating margin9900€5k€27k▲
Operating profit (loss)9901€122€19k▲
Financial income75/76B€1€84▲
Recurring financial income75€1€84▲
Financial charges65/66B€114€154▲
Recurring financial charges65€114€154▲
Profit (loss) for the period before taxes9903€8€19k▲
Profit (loss) for the period9904€8€19k▲
Profit (loss) for the period to be appropriated9905€8€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€29k▲
Profit (loss) brought forward from the previous period14P€10k€10k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €4k | €4k | €7k | ▲ 68.7% |
| Other operating charges640/8 | €590 | €643 | €783 | €741 | €882 | ▲ 19.0% |
| Gross operating margin9900 | €7k | €2k | €7k | €5k | €27k | ▲ 441% |
| Operating profit (loss)9901 | €3k | €-2k | €3k | €122 | €19k | ▲ 15,807% |
| Financial income75/76B | €39 | €401 | €6 | €1 | €84 | ▲ 16,292% |
| Recurring financial income75 | €39 | €401 | €6 | €1 | €84 | ▲ 16,292% |
| Financial charges65/66B | €105 | €91 | €185 | €114 | €154 | ▲ 34.7% |
| Recurring financial charges65 | €105 | €91 | €185 | €114 | €154 | ▲ 34.7% |
| Profit (loss) for the period before taxes9903 | €3k | €-2k | €3k | €8 | €19k | ▲ 245,231% |
| Profit (loss) for the period9904 | €3k | €-2k | €3k | €8 | €19k | ▲ 245,231% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-2k | €3k | €8 | €19k | ▲ 245,231% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €40k | €35k | €62k | €71k | ▲ 15.0% |
| Fixed assets21/28 | €10k | €23k | €20k | €40k | €43k | ▲ 8.1% |
| Intangible fixed assets21 | - | - | - | €3k | €3k | ▼ 21.4% |
| Tangible fixed assets22/27 | €10k | €23k | €20k | €37k | €41k | ▲ 10.7% |
| Plant, machinery and equipment23 | €1k | €823 | €1k | €21k | €26k | ▲ 26.8% |
| Furniture and vehicles24 | €654 | €192 | - | - | €1k | - |
| Other tangible fixed assets26 | €9k | €22k | €19k | €16k | €13k | ▼ 18.1% |
| Current assets29/58 | €26k | €18k | €15k | €22k | €28k | ▲ 27.6% |
| Amounts receivable within one year40/41 | €6k | €5k | €5k | €7k | €4k | ▼ 49.8% |
| Trade receivables40 | €3k | €3k | €719 | €436 | €855 | ▲ 96.3% |
| Other amounts receivable41 | €3k | €3k | €4k | €7k | €3k | ▼ 59.0% |
| Cash at bank and in hand54/58 | €19k | €12k | €9k | €11k | €24k | ▲ 115% |
| Deferred charges and accrued income490/1 | - | - | €572 | €3k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €40k | €35k | €62k | €71k | ▲ 15.0% |
| Equity10/15 | €15k | €13k | €16k | €16k | €26k | ▲ 56.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €9k | €7k | €10k | €10k | €19k | ▲ 91.7% |
| Amounts payable17/49 | €21k | €27k | €19k | €46k | €46k | = |
| Amounts payable within one year42/48 | €21k | €27k | €19k | €45k | €46k | ▲ 1.1% |
| Trade debts44 | €12k | €19k | €12k | €973 | €1k | ▲ 42.0% |
| Suppliers440/4 | €12k | €19k | €12k | €973 | €1k | ▲ 42.0% |
| Advances received on contracts in progress46 | €3k | €3k | €2k | €4k | €3k | ▼ 20.9% |
| Taxes, remuneration and social security45 | €447 | €460 | €51 | €55 | €1k | ▲ 2,465% |
| Taxes450/3 | €447 | €460 | €51 | €55 | €1k | ▲ 2,465% |
| Other amounts payable47/48 | €5k | €5k | €5k | €40k | €40k | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | - | - | €500 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-2k | €3k | €8 | €19k | ▲ 245,231% |
| + Depreciation and write-downs630 | €3k | €3k | €4k | €4k | €7k | ▲ 68.7% |
| Operating cash flow (approximation) | €6k | €1k | €6k | €4k | €26k | ▲ 529% |
| Investment in fixed assets (approximation) | - | €-15k | €-1k | €-24k | €-10k | ▲ 57.1% |
| Change in cash | - | €-7k | €-3k | €2k | €13k | ▲ 508% |
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
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2019net €19k ▲245,231%
Operating result €19k, net result €19k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Aalst · 1 establishment unit since 2018
Ground area
1.6 ha
Building footprint
2,636 m²
Volume, LiDAR
28,338 m³
Parcel 41303D0048/00Y000, Flanders · tallest building 33.6 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
KRADO
since 20182.277.007.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0048/00Y000 | Flanders | 1.6 ha | 1 · 2,636 m² | 33.6 m · 4 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.277.007.791
Similar companies · same sector, comparable size
STEVKO
BE 0543.614.229
Zulte · Eq €25,680
N.W.P.& B.S.S.
BE 0892.339.226
Nivelles · Eq €25,622
LA CAPITALE
BE 0683.692.424
Courcelles · Eq €25,603
ANDUEL
BE 0752.543.420
Ukkel · Eq €25,731
VAN HEYKAR
BE 0453.221.414
Ninove · Eq €25,737
Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 4,054 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
Founded11-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.