Active BE 0697.706.053Private limited company

KRAENVOGEL

Statiestraat 125 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium· 8 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

KRAENVOGEL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €40k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 66% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€168k
Net result	€40k
Better than sector	66%
Active	8 yrs

Financial profile 5 of 5 axes measured · computed by Checked

92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 82

Profitability 100

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

82 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€14k

estimate, not credit advice

Score history

75 2019

83 2020

86 2021

90 2022

93 2023

85 2024

82 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 3.51 (≥ 1.5) +10

Quick ratio Quick ratio 3.51 (≥ 1.0) +5

Leverage Debt/equity 0.40 (< 1.0) +10

Profitability ROE 24% (≥ 10%) +10

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~24%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	71.3%	55.9%	better than 66% of 31061 sector peers
Net result	€40k	€27k	better than 60% of 31070 sector peers
Equity	€168k	€83k	better than 67% of 31087 sector peers
Gross operating margin	€58k	€53k	better than 53% of 31029 sector peers
Total assets	€235k	€186k	better than 57% of 31075 sector peers

EBITDA

€5k

-92.7% 19-25

Net profit

€40k

-5.6% 19-25

Cash flow

€4k

-95.6% 19-25

Total assets

€235k

+18.3% 19-25

Equity

€168k

-8.2% 19-25

Working capital

€168k

-7.9% 19-25

Income taxes

€17k

-6.8% 19-25

Dividends

€55k

- 19-25

Debt

€68k

+314.5% 19-25

Debt ≤ 1y

€67k

+311.7% 19-25

Current ratio

3.51

-71.3% 19-25

Quick ratio

3.51

-71.3% 19-25

Solvency

71.3%

-22.4% 19-25

Debt / equity

0.40

+351.4% 19-25

ROE

24.1%

+2.9% 19-25

ROA

17.2%

-20.1% 19-25

Interest coverage

34.98

- 19-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	-
EBITDA	-	-	-	-	€5k
Net profit	€40k	€43k	€83k	€55k	€887
Cash flow	-	-	-	-	€4k
Staff costs	-	-	-	-	-
Income taxes	€17k	€18k	€35k	€22k	€1k
Dividends	€55k	-	€0	€79k	-
Total assets	€235k	€199k	€164k	€96k	€113k
Equity	€168k	€183k	€140k	€56k	€94k
Debt	€68k	€16k	€25k	€40k	€19k
of which ≤ 1y	€67k	€16k	€25k	€40k	€19k
of which > 1y	-	-	-	-	-
Working capital	€168k	€183k	€140k	€56k	€94k
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	3.51	12.20	6.64	2.41	5.80
Quick ratio	3.51	12.20	6.64	2.41	5.80
Working capital ratio	71.5%	91.8%	84.9%	58.4%	82.8%
Solvency	71.3%	91.8%	84.9%	58.4%	82.8%
Debt / equity	0.40	0.09	0.18	0.71	0.21
Long-term debt ratio	-	-	-	-	-
Interest coverage	-	-	-	-	34.98
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	17.2%	21.6%	50.7%	57.4%	0.8%
ROE	24.1%	23.5%	59.6%	98.2%	0.9%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Equity & liabilities

Equity €168k · 71.3% Debt €68k · 28.7%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€235k	€199k	€164k	€96k	€113k
Current assets	29/58	€235k	€199k	€164k	€96k	€113k
Amounts receivable within one year	40/41	€75k	€43k	€20k	€36k	€16k
Cash & bank	54/58	€159k	€154k	€144k	€60k	€96k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€235k	€199k	€164k	€96k	€113k
Equity	10/15	€168k	€183k	€140k	€56k	€94k
Contributions / capital	10/11	€1k	€1k	€1k	€1k	€15k
Reserves	13	€167k	€182k	€139k	€55k	€2k
Accumulated profits (losses)	14	€0	-	€0	-	€77k
Amounts payable	17/49	€68k	€16k	€25k	€40k	€19k
Amounts payable within one year	42/48	€67k	€16k	€25k	€40k	€19k
Trade debts payable within one year	44	€2k	€0	€2k	€684	€124
Income statement
Gross operating margin	9900	€58k	€62k	€121k	€78k	€5k
Operating result	9901	€57k	€61k	€118k	€77k	€2k
Financial income	75	€2k	€286	€0	€16	-
Financial charges	65	€2k	€1k	€393	€324	€141
Result before taxes	9903	€57k	€61k	€118k	€77k	€2k
Income taxes	67/77	€17k	€18k	€35k	€22k	€1k
Net result for the period	9904	€40k	€43k	€83k	€55k	€887
Result to be appropriated	9905	€40k	€43k	€83k	€55k	€887

Directors & mandates 1 directors

Former directors (1)

Jan Andre Maria VAN CRAENENDONCK
Director
State Gazette act 22388037 (28-12-2022)

Former
- → 22-12-2022

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company(610)
Incorporation	31-05-2018
Status	Active
Postal code	2070

Establishment units 1 location

KRAENVOGEL

Statiestraat 125, 2070 Beveren-Kruibeke-ZwijndrechtOther business support services

since 20182.276.617.714

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11056B0771/00M005	Flanders	533 m²	1 · 367 m²	12.2 m · 1 fl.

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.

Updates 8 events

All 13Financial 5Gazette 1Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

20-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Equity above €150kEq €183k ▲30.7%

6 profitable years in a row build equity to €183k.

23-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2019net €83k ▲50.4%

Operating result €118k, net result €83k, both a record.

31-12

Financial Liquidity triplescurrent ratio 6.64

Current ratio from 2.41 to 6.64; short-term debt falls from €40k to €25k.

31-12

Financial Equity above €100kEq €140k ▲148%

5 profitable years in a row build equity to €140k.

15-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

28-12

State Gazette act Director changes

Frank BUYSSENS

25-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €887 ▼98.8%

Net result drops to €887, the lowest in the series; recovery starts the following year.

22-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

15-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 46 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2022

28-12-2022 1 resigning, 1 reappointed Director changes·Frank BUYSSENS

Jan Andre Maria VAN CRAENENDONCK, Bestuurder
Jan Andre Maria VAN CRAENENDONCK, Bestuurder

Notary: Frank BUYSSENS · ZwijndrechtFirm: NOTARIS FRANK BUYSSENS

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Business and other management consultancy70200Business consulting70220Activities of head offices; management consultancy activities70210Public relations and communication consultancy73300

Names & trade names

Legal nameNL

KRAENVOGEL

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