KRAMA
ActiveSummary
KRAMA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €68k. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency95▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 3.65 in 2024; short-term debt: 29.7% and cash: 94.4% of total assets), and 29.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
70.2%
Return on assets
25.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
34 d early
2023
34 d early
2022
42 d early
← 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
€189k=
2024 · €189k
2022: €33klowest in 4 years
2023: €111k▲ +237% vs 2022
2024: €189k▲ +70.2% vs 2023
2025: €189k● +0.0% vs 2024highest in 4 years
2022 → 2025
Total assets
€270k▲ 3.5%
2024 · €261k
2022: €56klowest in 4 years
2023: €149k▲ +168% vs 2022
2024: €261k▲ +74.8% vs 2023
2025: €270k▲ +3.5% vs 2024highest in 4 years
2022 → 2025
Net result
€68k▼ 13.3%
2024 · €78k
2022: €33klowest in 4 years
2023: €78k▲ +137% vs 2022highest in 4 years
2024: €78k▼ -0.1% vs 2023
2025: €68k▼ -13.3% vs 2024
2022 → 2025
Working capital
€190k▲ 0.2%
2024 · €189k
2022: €32klowest in 4 years
2023: €111k▲ +245% vs 2022
2024: €189k▲ +70.4% vs 2023
2025: €190k▲ +0.2% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€33k-€111k▲ 237%€189k▲ 70.2%€189k=
2022: €33klowest in 4 years
2023: €111k▲ +237% vs 2022
2024: €189k▲ +70.2% vs 2023
2025: €189k● +0.0% vs 2024highest in 4 years
Operating result€45k-€108k▲ 139%€109k▲ 0.1%€85k▼ 21.4%
2022: €45klowest in 4 years
2023: €108k▲ +139% vs 2022
2024: €109k▲ +0.1% vs 2023highest in 4 years
2025: €85k▼ -21.4% vs 2024
Net result€33k-€78k▲ 137%€78k▼ 0.1%€68k▼ 13.3%
2022: €33klowest in 4 years
2023: €78k▲ +137% vs 2022highest in 4 years
2024: €78k▼ -0.1% vs 2023
2025: €68k▼ -13.3% vs 2024
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 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €270k
Equity
€189k =
Debt
€81k ▲ 12.7%
Debt's share of the balance-sheet total rises from 27.4% to 29.8%. Debt is higher.
Key figures and ratios
EBITDA
€85k▼
2024 · €109k
Cash flow
€68k▼
2024 · €79k
Current ratio
3.36▼
2024 · 3.65
Debt to equity
0.43▲
2024 · 0.38
ROE
35.8%▼
2024 · 41.3%
ROA
25.1%▼
2024 · 29.9%
Interest coverage
2114.63▼
2024 · 2791.06
Debt ≤ 1 year
€80k▲
2024 · €71k
Income taxes
€18k▼
2024 · €30k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€261k€270k▲
Fixed assets21/28€66€0▼
Tangible fixed assets22/27€66€0▼
Plant, machinery and equipment23€66€0▼
Current assets29/58€261k€270k▲
Amounts receivable within one year40/41€18k€15k▼
Trade receivables40€18k€15k▼
Other amounts receivable41-€236
Cash at bank and in hand54/58€242k€255k▲
Equity and liabilities
Total equity and liabilities10/49€261k€270k▲
Equity10/15€189k€189k=
Contributions10/11€100€100=
Reserves13€189k€189k=
Distributable reserves133€189k€189k=
Profit (loss) carried forward14€195€256▲
Amounts payable17/49€71k€81k▲
Amounts payable within one year42/48€71k€80k▲
Trade debts44€0€273▲
Suppliers440/4€0€273▲
Taxes, remuneration and social security45€70k€20k▼
Taxes450/3€70k€20k▼
Other amounts payable47/48€2k€60k▲
Accrued charges and deferred income492/3-€308
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€398€66▼
Other operating charges640/8€46€709▲
Gross operating margin9900€109k€86k▼
Operating profit (loss)9901€109k€85k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€39€40▲
Recurring financial charges65€39€40▲
Profit (loss) for the period before taxes9903€109k€85k▼
Income taxes67/77€30k€18k▼
Profit (loss) for the period9904€78k€68k▼
Profit (loss) for the period to be appropriated9905€78k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€68k▼
Profit (loss) brought forward from the previous period14P€169€195▲
Transfer to equity691/2€78k€0▼
To the legal reserve6920€78k-
To other reserves6921-€0
Profit to be distributed694/7-€68k
Return on contributions (dividend)694-€68k
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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €331 | €398 | €398 | €66 | ▼ 83.3% |
| Other operating charges640/8 | €50 | €40 | €46 | €709 | ▲ 1,441% |
| Gross operating margin9900 | €46k | €109k | €109k | €86k | ▼ 21.0% |
| Operating profit (loss)9901 | €45k | €108k | €109k | €85k | ▼ 21.4% |
| Financial income75/76B | - | €0 | €0 | €0 | ▼ 50.0% |
| Recurring financial income75 | - | €0 | €0 | €0 | ▼ 50.0% |
| Financial charges65/66B | €51 | €35 | €39 | €40 | ▲ 3.5% |
| Recurring financial charges65 | €51 | €35 | €39 | €40 | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €45k | €108k | €109k | €85k | ▼ 21.4% |
| Income taxes67/77 | €12k | €30k | €30k | €18k | ▼ 42.3% |
| Profit (loss) for the period9904 | €33k | €78k | €78k | €68k | ▼ 13.3% |
| Profit (loss) for the period to be appropriated9905 | €33k | €78k | €78k | €68k | ▼ 13.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56k | €149k | €261k | €270k | ▲ 3.5% |
| Fixed assets21/28 | €862 | €464 | €66 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €862 | €464 | €66 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €862 | €464 | €66 | €0 | ▼ 100% |
| Current assets29/58 | €55k | €149k | €261k | €270k | ▲ 3.5% |
| Amounts receivable within one year40/41 | €12k | €5k | €18k | €15k | ▼ 16.9% |
| Trade receivables40 | €12k | €5k | €18k | €15k | ▼ 18.2% |
| Other amounts receivable41 | - | - | - | €236 | - |
| Cash at bank and in hand54/58 | €43k | €144k | €242k | €255k | ▲ 5.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56k | €149k | €261k | €270k | ▲ 3.5% |
| Equity10/15 | €33k | €111k | €189k | €189k | = |
| Contributions10/11 | €100 | €100 | €100 | €100 | = |
| Reserves13 | €33k | €111k | €189k | €189k | = |
| Distributable reserves133 | €33k | €111k | €189k | €189k | = |
| Profit (loss) carried forward14 | €64 | €169 | €195 | €256 | ▲ 31.0% |
| Amounts payable17/49 | €23k | €38k | €71k | €81k | ▲ 12.7% |
| Amounts payable within one year42/48 | €23k | €38k | €71k | €80k | ▲ 12.3% |
| Trade debts44 | €3k | €335 | €0 | €273 | - |
| Suppliers440/4 | €3k | €335 | €0 | €273 | - |
| Taxes, remuneration and social security45 | €19k | €36k | €70k | €20k | ▼ 71.6% |
| Taxes450/3 | €19k | €36k | €70k | €20k | ▼ 71.6% |
| Other amounts payable47/48 | €1k | €981 | €2k | €60k | ▲ 3,739% |
| Accrued charges and deferred income492/3 | - | €280 | - | €308 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €78k | €78k | €68k | ▼ 13.3% |
| + Depreciation and write-downs630 | €331 | €398 | €398 | €66 | ▼ 83.3% |
| Operating cash flow (approximation) | €33k | €79k | €79k | €68k | ▼ 13.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €101k | €99k | €12k | ▼ 87.6% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €189k ▲70.2%
3 profitable years in a row build equity to €189k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €78k ▲137%
Net result €78k, the highest in the series.
31-12
Financial
Equity above €100kEq €111k ▲237%
2 profitable years in a row build equity to €111k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2022
Ground area
7,873 m²
Building footprint
1,799 m²
Volume, LiDAR
18,203 m³
2 parcels, Flanders · tallest building 26.6 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
KRAMA
since 20222.328.446.396
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504D0267/00G000 | Flanders | 6,566 m² | 1 · 252 m² | 17.9 m · 5 fl. |
| 24062A1131/00A000 | Flanders | 1,308 m² | 1 · 1,547 m² | 26.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,233 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
Founded25-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.