KRAF
ActiveSummary
For KRAF, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €29,471 and a net result of €5,418. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 24624 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability63▲+18
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
84.7%
Return on assets
15.6%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
143 d late
2021
22 d late
2020
129 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 77 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€29,471▲ 22.5%
2022 · €24,053
Total assets
€34,812▲ 30.2%
2022 · €26,732
Net result
€5,418▲ 266%
2022 · €1,478
Working capital
€29,471▲ 22.8%
2022 · €24,003
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€6,098▲ 61.2%€6,363▲ 4.4%€3,120▼ 51.0%€3,361▲ 7.7%€10,339▲ 208%
Net result€3,089▲ 54.6%€3,105within the sector's middle half▲ 0.5%€537within the sector's middle half▼ 82.7%€1,478within the sector's middle half▲ 175%€5,418within the sector's middle half▲ 266%
Equity€18,932▲ 19.5%€22,038within the sector's middle half▲ 16.4%€22,575within the sector's middle half▲ 2.4%€24,053within the sector's middle half▲ 6.5%€29,471within the sector's middle half▲ 22.5%
Total assets€25,724▲ 20.1%€24,932below the sector's middle half▼ 3.1%€27,764below the sector's middle half▲ 11.4%€26,732below the sector's middle half▼ 3.7%€34,812below the sector's middle half▲ 30.2%
Debt€6,791▲ 21.7%€2,894▼ 57.4%€5,190▲ 79.3%€2,678▼ 48.4%€5,341▲ 99.4%
Working capital€17,621▲ 25.9%€21,257within the sector's middle half▲ 20.6%€22,325within the sector's middle half▲ 5.0%€24,003within the sector's middle half▲ 7.5%€29,471within the sector's middle half▲ 22.8%
Solvency73.6%▼ 0.4pp88.4%above the sector's middle half▲ 14.8pp81.3%above the sector's middle half▼ 7.1pp90.0%above the sector's middle half▲ 8.7pp84.7%above the sector's middle half▼ 5.3pp
Current ratio3.59▲ 0.088.34above the sector's middle half▲ 4.755.30above the sector's middle half▼ 3.049.96above the sector's middle half▲ 4.666.52above the sector's middle half▼ 3.44
Return on assets (ROA)12.0%▲ 2.7pp12.5%within the sector's middle half▲ 0.4pp1.9%within the sector's middle half▼ 10.5pp5.5%within the sector's middle half▲ 3.6pp15.6%above the sector's middle half▲ 10.0pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 208% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €34,812
Equity
€29,471 ▲ 22.5%
Debt
€5,341 ▲ 99.4%
Debt's share of the balance-sheet total rises from 10.0% to 15.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,389▲
2022 · €3,561
Cash flow
€5,468▲
2022 · €1,678
Quick ratio
3.04▲
2022 · 1.92
Debt to equity
0.18▲
2022 · 0.11
ROE
18.4%▲
2022 · 6.1%
Interest coverage
3.01▲
2022 · 2.30
Debt ≤ 1 year
€5,341▲
2022 · €2,678
Income taxes
€1,471▲
2022 · €333
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €531 | €531 | €531 | €200 | €50 | ▼ 75.0% |
| Other operating charges640/8 | - | - | €1,836 | €1,950 | €2,593 | ▲ 33.0% |
| Gross operating margin9900 | €10,504 | €8,675 | €5,487 | €5,510 | €12,983 | ▲ 136% |
| Operating profit (loss)9901 | €6,098 | €6,363 | €3,120 | €3,361 | €10,339 | ▲ 208% |
| Financial income75/76B | - | - | €3 | - | €0 | - |
| Recurring financial income75 | - | - | €3 | - | €0 | - |
| Financial charges65/66B | - | - | €2,104 | €1,550 | €3,451 | ▲ 123% |
| Recurring financial charges65 | €2,149 | €2,415 | €2,104 | €1,550 | €3,451 | ▲ 123% |
| Profit (loss) for the period before taxes9903 | €3,949 | €3,948 | €1,020 | €1,811 | €6,889 | ▲ 280% |
| Income taxes67/77 | €860 | €843 | €483 | €333 | €1,471 | ▲ 342% |
| Profit (loss) for the period9904 | €3,089 | €3,105 | €537 | €1,478 | €5,418 | ▲ 266% |
| Profit (loss) for the period to be appropriated9905 | €3,089 | €3,105 | €537 | €1,478 | €5,418 | ▲ 266% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,724 | €24,932 | €27,764 | €26,732 | €34,812 | ▲ 30.2% |
| Fixed assets21/28 | €1,312 | €781 | €250 | €50 | - | - |
| Tangible fixed assets22/27 | €1,312 | €781 | €250 | €50 | - | - |
| Plant, machinery and equipment23 | - | - | €250 | €50 | - | - |
| Current assets29/58 | €24,412 | €24,151 | €27,514 | €26,682 | €34,812 | ▲ 30.5% |
| Stocks and contracts in progress3 | €16,831 | €14,730 | €22,130 | €21,549 | €18,579 | ▼ 13.8% |
| Stocks30/36 | - | - | €22,130 | €21,549 | €18,579 | ▼ 13.8% |
| Amounts receivable within one year40/41 | €2,784 | €2,796 | €3,331 | €2,609 | €12,638 | ▲ 384% |
| Trade receivables40 | - | - | €1,386 | €1,210 | - | - |
| Other amounts receivable41 | - | - | €1,945 | €1,399 | €12,638 | ▲ 803% |
| Cash at bank and in hand54/58 | €4,797 | €6,257 | €1,847 | €2,308 | €3,594 | ▲ 55.7% |
| Deferred charges and accrued income490/1 | - | - | €206 | €215 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,724 | €24,932 | €27,764 | €26,732 | €34,812 | ▲ 30.2% |
| Equity10/15 | €18,932 | €22,038 | €22,575 | €24,053 | €29,471 | ▲ 22.5% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €10,872 | €13,978 | €14,515 | €15,993 | €21,411 | ▲ 33.9% |
| Amounts payable17/49 | €6,791 | €2,894 | €5,190 | €2,678 | €5,341 | ▲ 99.4% |
| Amounts payable within one year42/48 | €6,791 | €2,894 | €5,190 | €2,678 | €5,341 | ▲ 99.4% |
| Financial debts43 | - | - | €1,871 | - | €2,512 | - |
| Credit institutions430/8 | - | - | €1,871 | - | €2,512 | - |
| Trade debts44 | €2,615 | €1,191 | €1,993 | €2,074 | €330 | ▼ 84.1% |
| Suppliers440/4 | - | - | €1,993 | €2,074 | €330 | ▼ 84.1% |
| Taxes, remuneration and social security45 | - | - | €1,325 | €604 | €2,499 | ▲ 313% |
| Taxes450/3 | - | - | €1,325 | €604 | €2,499 | ▲ 313% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,089 | €3,105 | €537 | €1,478 | €5,418 | ▲ 266% |
| + Depreciation and write-downs630 | €531 | €531 | €531 | €200 | €50 | ▼ 75.0% |
| Operating cash flow (approximation) | €3,620 | €3,636 | €1,068 | €1,678 | €5,468 | ▲ 226% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €1,460 | -€4,410 | €462 | €1,286 | ▲ 179% |
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
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €5,418 ▲266%
Operating result €10,339, net result €5,418, both a record.
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €537 ▼82.7%
Net result drops to €537, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 129 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 8.34
Current ratio from 3.59 to 8.34; short-term debt falls from €6,791 to €2,894.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are 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, Antwerpen · 1 establishment unit since 2012
Ground area
212 m²
Building footprint
114 m²
Volume, LiDAR
1,006 m³
Parcel 11343A0589/00F019, Flanders · tallest building 11.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KRAF
since 20122.207.724.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11343A0589/00F019 | Flanders | 212 m² | 1 · 114 m² | 11.5 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 siteAntwerpen2.207.724.057
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 4,414 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
Founded18-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0836560563
Also
9925:BE0836560563
Registered
07-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.