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KRAL TECH

Active
Private limited companyfounded 2020active for 5 yearsRotstraat 68, 9240 Zele, BelgiumKBO/BCE: BE 0760.536.616

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 20-04-2026 PDF all 3 filings

Turnover
≈ €180,000
Estimated: probably between €120,000 and €320,000
Total assets
€98,882▲ 112%
2023 · €46,588
Net result
€19,758▲ 16.0%
2023 · €17,031
Working capital
€42,078▲ 932%
2023 · €4,076
Trend over the years

2022 to 2025, 3 financial years

The operating result for 2025 is €29,026, against €22,547 in 2023. Comparable figures for the intervening years are unavailable.

Operating result€29,026 2025 Net result€19,758 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Civil engineering (NACE 42). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232025
Operating result€2,265-€22,547▲ 896%€29,026-
Net result€992within the sector's middle half-€17,031within the sector's middle half▲ 17×€19,758within the sector's middle half-
Equity€3,992below the sector's middle half-€21,023within the sector's middle half▲ 427%€51,600within the sector's middle half-
Total assets€31,641below the sector's middle half-€46,588below the sector's middle half▲ 47.2%€98,882within the sector's middle half-
Debt€27,649-€25,566▼ 7.5%€47,282-
Working capital-€12,998below the sector's middle half-€4,076within the sector's middle half€42,078within the sector's middle half-
Solvency12.6%below the sector's middle half-45.1%within the sector's middle half▲ 32.5pp52.2%within the sector's middle half-
Current ratio0.53below the sector's middle half-1.16within the sector's middle half▲ 0.632.46within the sector's middle half-
Return on assets (ROA)3.1%within the sector's middle half-36.6%above the sector's middle half▲ 33.4pp20.0%within the sector's middle half-
above within below The sector band is the middle half of the companies in Civil engineering (NACE 42). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €98,882
Fixed assets €27,914 ▲ 64.7%
Current assets €70,968 ▲ 139%
Equity and liabilities €98,882
Equity €51,600 ▲ 145%
Debt €47,282 ▲ 84.9%
Debt's share of the balance-sheet total falls from 54.9% to 47.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€32,426▲
2023 · €24,730
Cash flow
€23,158▲
2023 · €19,214
Debt to equity
0.92▼
2023 · 1.22
ROE
38.3%▼
2023 · 81.0%
Interest coverage
55.52▲
2023 · 28.60
Debt ≤ 1 year
€28,890▲
2023 · €25,566
Income taxes
€9,006▲
2023 · €4,767
Staff costs
€26,768
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202230-09-202330-09-2025
Tangible fixed assets€19,800€2,140€16,775
Depreciation and write-downs of the year€2,810€2,183€3,400

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as KRAL TECH: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €86,900 and €106,000, founded between 2019 and 2022.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
KRAL TECH Zele2020€98,882€51,600€60,595€19,7582025
HKN RENOV Grimbergen2021€103,236€74,596€57,154€37,7522025
NetworKing Vosselaar2021€86,871€66,216€56,379-€2392025
PEN6 ENGINEERING & SERVICES Etterbeek2020€97,706€31,531€58,115-€1,0922025
GEN Electro Kortrijk2019€86,946€64,562€57,444€35,6072025
KEYA Technics Houthalen-Helchteren2022€105,708€50,763€53,508€23,4452025
AMC Zele2022€100,514€75,407€42,548€22,1362025

They were chosen from the 946 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as KRAL TECH has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KRAL TECH itself: 1.5% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for KRAL TECH. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 38 lines

Source: Annual accounts 2025 (PDF), filed on 20-04-2026.

Balance sheet Code20232025
Assets
Total assets20/58€46,588€98,882▲
Fixed assets21/28€16,947€27,914▲
Tangible fixed assets22/27€16,947€27,914▲
Plant, machinery and equipment23€16,947€25,090▲
Furniture and vehicles24-€2,825
Current assets29/58€29,642€70,968▲
Amounts receivable within one year40/41€29,493€62,085▲
Trade receivables40€25,441€51,872▲
Other amounts receivable41€4,052€10,213▲
Cash at bank and in hand54/58€148€8,882▲
Equity and liabilities
Total equity and liabilities10/49€46,588€98,882▲
Equity10/15€21,023€51,600▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€18,023€48,600▲
Amounts payable17/49€25,566€47,282▲
Amounts payable within one year42/48€25,566€28,890▲
Trade debts44€10,739€4,261▼
Suppliers440/4€10,739€4,261▼
Advances received on contracts in progress46€10,011€10,011=
Taxes, remuneration and social security45€4,816€14,618▲
Taxes450/3€4,767€10,750▲
Remuneration and social security454/9€49€3,867▲
Accrued charges and deferred income492/3-€18,392
Income statement Code20232025
Remuneration, social security and pensions62-€26,768
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,183€3,400▲
Other operating charges640/8€1,586€1,401▼
Gross operating margin9900€26,316€60,595▲
Operating profit (loss)9901€22,547€29,026▲
Financial income75/76B€115€322▲
Recurring financial income75€115€322▲
Financial charges65/66B€865€584▼
Recurring financial charges65€865€584▼
Profit (loss) for the period before taxes9903€21,797€28,765▲
Income taxes67/77€4,767€9,006▲
Profit (loss) for the period9904€17,031€19,758▲
Profit (loss) for the period to be appropriated9905€17,031€19,758▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,023€48,600▲
Profit (loss) brought forward from the previous period14P€992€28,842▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202220232025Change
Remuneration, social security and pensions62--€26,768-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,810€2,183€3,400-
Other operating charges640/8€912€1,586€1,401-
Gross operating margin9900€5,986€26,316€60,595-
Operating profit (loss)9901€2,265€22,547€29,026-
Financial income75/76B-€115€322-
Recurring financial income75-€115€322-
Financial charges65/66B€436€865€584-
Recurring financial charges65€436€865€584-
Profit (loss) for the period before taxes9903€1,828€21,797€28,765-
Income taxes67/77€836€4,767€9,006-
Profit (loss) for the period9904€992€17,031€19,758-
Profit (loss) for the period to be appropriated9905€992€17,031€19,758-
Line202220232025Change
Assets
Total assets20/58€31,641€46,588€98,882-
Fixed assets21/28€16,990€16,947€27,914-
Tangible fixed assets22/27€16,990€16,947€27,914-
Plant, machinery and equipment23€16,990€16,947€25,090-
Furniture and vehicles24--€2,825-
Current assets29/58€14,651€29,642€70,968-
Amounts receivable within one year40/41€14,651€29,493€62,085-
Trade receivables40€12,430€25,441€51,872-
Other amounts receivable41€2,221€4,052€10,213-
Cash at bank and in hand54/58-€148€8,882-
Equity and liabilities
Total equity and liabilities10/49€31,641€46,588€98,882-
Equity10/15€3,992€21,023€51,600-
Contributions10/11€3,000€3,000€3,000-
Profit (loss) carried forward14€992€18,023€48,600-
Amounts payable17/49€27,649€25,566€47,282-
Amounts payable within one year42/48€27,649€25,566€28,890-
Financial debts43€2,064---
Credit institutions430/8€2,064---
Trade debts44€24,013€10,739€4,261-
Suppliers440/4€24,013€10,739€4,261-
Advances received on contracts in progress46-€10,011€10,011-
Taxes, remuneration and social security45€836€4,816€14,618-
Taxes450/3€836€4,767€10,750-
Remuneration and social security454/9-€49€3,867-
Other amounts payable47/48€737---
Accrued charges and deferred income492/3--€18,392-
Line202220232025Change
Profit (loss) for the period9904€992€17,031€19,758-
+ Depreciation and write-downs630€2,810€2,183€3,400-
Operating cash flow (approximation)€3,802€19,214€23,158-
Investment in fixed assets (approximation)--€2,140--

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
30-09-2025 micro format 20-04-2026 2026-00084212 PDF
30-09-2023 micro format 14-03-2024 2024-00044262 PDF
30-09-2022 micro format 12-07-2023 2023-00228750 PDF

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