KRAUTZ
ActiveThe computed 12-month bankruptcy probability of KRAUTZ is 1.5% (moderate). The 2024 annual accounts show equity of €1.73M and a net result of €60k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 1125 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-3
Solvency38▲+4
Growth49▼-32
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days only on tighter terms
Liquidity short (current ratio 0.7 against 0.87 in 2023; short-term debt: 85.5% and cash: 5.4% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
13%
Return on assets
0.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1125 sector peers (2024).
NBB · sector comparisonPosition among 1125 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
75 d late
2022
32 d late
2021
82 d late
2020
26 d late
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€11.39M▼ 19.9%
2023 · €14.23M
2021: €10.55M
2022: €11.90M
2023: €14.23M
2021 → 2024
EBIT margin
0.0%▼ 4.0pp
2023 · 4.0%
2021: 1.8%
2022: 2.2%
2023: 4.0%
2021 → 2024
Net result
€60k▼ 78.6%
2023 · €280k
2018: €218k
2019: €136k
2020: €172k
2021: €140k
2022: €170k
2023: €280k
2018 → 2024
Working capital
€-3.37M▼ 49.7%
2023 · €-2.25M
2018: €-343k
2019: €-1.38M
2020: €-2.28M
2021: €-1.91M
2022: €-2.02M
2023: €-2.25M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€10.55M€11.90M▲ 12.9%€14.23M▲ 19.6%€11.39M▼ 19.9%
Equity€1.08M-€1.22M▲ 13.0%€1.39M▲ 14.1%€1.67M▲ 20.2%€1.73M▲ 3.6%
Operating result€231k-€195k▼ 15.4%€256k▲ 31.4%€565k▲ 120%€-3k
Net result€172k-€140k▼ 18.6%€170k▲ 21.2%€280k▲ 64.9%€60k▼ 78.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €565k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.25M
Fixed assets
€5.29M▲ 35.0%
Current assets
€7.96M▼ 46.9%
Equity and liabilities €13.25M
Equity
€1.73M▲ 3.6%
Debt
€11.52M▼ 33.1%
The debt ratio falls from 91.2% to 87.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€578k▼
2023 · €1.01M
Cash flow
€641k▼
2023 · €727k
Solvency
13.0%▲
2023 · 8.8%
Current ratio
0.70▼
2023 · 0.87
Quick ratio
0.67▼
2023 · 0.81
Debt / equity
6.66▼
2023 · 10.32
ROE
3.5%▼
2023 · 16.8%
ROA
0.5%▼
2023 · 1.5%
Interest coverage
16.51▼
2023 · 20.04
Debt
€11.52M▼
2023 · €17.23M
Debt ≤ 1 year
€11.33M▼
2023 · €17.23M
Debt > 1 year
€193k
Income taxes
€1k▼
2023 · €230k
Staff costs
€786k▼
2023 · €866k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€18.90M€13.25M▼
Fixed assets21/28€3.92M€5.29M▲
Intangible fixed assets21€18k€14k▼
Tangible fixed assets22/27€2.85M€4.14M▲
Land and buildings22€1.89M€127k▼
Plant, machinery and equipment23€361k€294k▼
Furniture and vehicles24€181k€139k▼
Leasing and similar rights25-€76k
Other tangible fixed assets26€419k€3.50M▲
Financial fixed assets28€1.05M€1.14M▲
Affiliated companies280/1€1.05M€1.14M▲
Participating interests280€1.05M€1.14M▲
Other financial fixed assets284/8€135€135=
Amounts receivable and cash guarantees285/8€135€135=
Current assets29/58€14.98M€7.96M▼
Stocks and contracts in progress3€986k€317k▼
Stocks30/36€986k€317k▼
Goods purchased for resale34€986k€317k▼
Amounts receivable within one year40/41€12.59M€6.50M▼
Trade receivables40€9.72M€3.13M▼
Other amounts receivable41€2.86M€3.37M▲
Cash at bank and in hand54/58€1.41M€713k▼
Deferred charges and accrued income490/1€2k€431k▲
Equity and liabilities
Total equity and liabilities10/49€18.90M€13.25M▼
Equity10/15€1.67M€1.73M▲
Contributions10/11€19k€19k=
Reserves13€1.65M€1.71M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.65M€1.71M▲
Amounts payable17/49€17.23M€11.52M▼
Amounts payable after more than one year17-€193k
Financial debts170/4-€193k
Credit institutions173-€193k
Amounts payable within one year42/48€17.23M€11.33M▼
Current portion of amounts payable after more than one year42-€27k
Trade debts44€16.33M€10.93M▼
Suppliers440/4€16.33M€10.93M▼
Advances received on contracts in progress46€199k€0▼
Taxes, remuneration and social security45€704k€360k▼
Taxes450/3€548k€267k▼
Remuneration and social security454/9€155k€94k▼
Other amounts payable47/48€0€9k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Operating income70/76A€14.35M€11.65M▼
Turnover70€14.23M€11.39M▼
Other operating income74€26k€253k▲
Non-recurring operating income76A€89k€0▼
Operating charges60/66A€13.78M€11.65M▼
Goods for resale, raw materials and consumables60€10.13M€7.72M▼
Purchases600/8€9.69M€7.05M▼
Change in stocks: decrease (increase)609€439k€669k▲
Services and other goods61€2.25M€2.29M▲
Remuneration, social security and pensions62€866k€786k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€447k€581k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€222k
Other operating charges640/8€84k€53k▼
Non-recurring operating charges66A€0-
Operating profit (loss)9901€565k€-3k▼
Financial income75/76B€2k€113k▲
Recurring financial income75€2k€113k▲
Income from current assets751€656€2k▲
Other financial income752/9€1k€112k▲
Financial charges65/66B€56k€49k▼
Recurring financial charges65€56k€49k▼
Debt charges650€50k€35k▼
Other financial charges652/9€6k€14k▲
Profit (loss) for the period before taxes9903€510k€61k▼
Income taxes67/77€230k€1k▼
Taxes670/3€230k€1k▼
Profit (loss) for the period9904€280k€60k▼
Profit (loss) for the period to be appropriated9905€280k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€280k€60k▼
Transfer to equity691/2€280k€60k▼
To other reserves6921€280k€60k▼
Social balance
Average headcount (FTE)908715.413.3▼
The notes to these accounts (72 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 144 days late
2024
31-12
Financial
Weakest financial yearnet €60k ▼78.6%
Net result drops to €60k, the lowest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 75 days late
2023
31-12
Financial
Highest result since 2018net €280k ▲64.9%
Operating result €565k, net result €280k, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 82 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Equity above €1MEq €1.08M ▲20.4%
3 profitable years in a row build equity to €1.08M.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 83 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 42 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heusden-Zolder · 3 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koolmijnlaan 3403550 Heusden-ZolderGround area
1.8 ha
Building footprint
7,816 m²
Volume, LiDAR
69,001 m³
3 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Koolmijnlaan 340, 3550 Heusden-Zolder
since 20002.099.810.765
Brancardiershof 5, 3550 Heusden-Zolder
since 20182.276.672.548
Magazijnstraat 3 / 3+, 3550 Heusden-Zolder
since 20182.276.672.647
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0205/00A012 | Flanders | 1.1 ha | 1 · 5,161 m² | 12.3 m · 3 fl. |
| 71065A0205/00E016 | Flanders | 7,352 m² | 1 · 2,373 m² | 8.6 m · 2 fl. |
| 71065A1958/00C000 | Flanders | 260 m² | 1 · 282 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 55,839 EUR awarded · 16,600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 507 EUR | 0 EUR |
| 2023 | 1 | 0 EUR | 16,600 EUR |
| 2022 | 1 | 55,332 EUR | 0 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
DEBETRA
BE 0439.978.142
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BE 0417.938.554
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RIGA TRANS
BE 0406.919.156
Antwerpen · Eq €1.72M
Transports Massart
BE 0432.066.308
Namur · Eq €1.73M
Gheeraert Garage
BE 0422.208.336
Zedelgem · Eq €1.74M
Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 3,257 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2000
Fiscal year end31-12
Activities, NACEBEL
22220Manufacture of rubber and plastic products
49410Freight transport by road
74203
23430Manufacture of other non-metallic mineral products
46130Agents in the wholesale of timber and building materials
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.