KRECO SORTING AND REFINING
The computed 12-month bankruptcy probability of KRECO SORTING AND REFINING is 0.9% (low). The 2024 annual accounts show equity of €898k and a net result of €105k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 95 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €898k |
| Net result | €105k |
| Staff (FTE) | 4 |
| Better than sector | 51% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.0% | 23.0% | |
| Net result | €105k | €20 | |
| Equity | €898k | €39k | |
| Gross operating margin | €881k | €5k | |
| Staff costs | €235k | €461k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €645k |
| Net profit | €105k |
| Cash flow | €603k |
| Staff costs | €235k |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €3.58M |
| Equity | €898k |
| Debt | €2.69M |
| of which ≤ 1y | €815k |
| of which > 1y | €1.87M |
| Working capital | €-442k |
| Employees (FTE) | 4.0 |
| 2024 | |
|---|---|
| Current ratio | 0.46 |
| Quick ratio | 0.46 |
| Working capital ratio | -12.3% |
| Solvency | 25.0% |
| Debt / equity | 2.99 |
| Long-term debt ratio | 2.09 |
| Interest coverage | 16.80 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.9% |
| ROE | 11.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.58M |
| Fixed assets | 21/28 | €3.21M |
| Tangible fixed assets | 22/27 | €3.21M |
| Financial fixed assets | 28 | €603 |
| Current assets | 29/58 | €373k |
| Amounts receivable within one year | 40/41 | €300k |
| Cash & bank | 54/58 | €43k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.58M |
| Equity | 10/15 | €898k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €893k |
| Amounts payable | 17/49 | €2.69M |
| Amounts payable after one year | 17 | €1.87M |
| Amounts payable within one year | 42/48 | €815k |
| Trade debts payable within one year | 44 | €282k |
| Income statement | ||
| Gross operating margin | 9900 | €881k |
| Operating result | 9901 | €147k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €38k |
| Result before taxes | 9903 | €117k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €105k |
| Result to be appropriated | 9905 | €105k |
Former directors (1)
-
Schreinemacher Consulting BVLegal entityDirectorState Gazette act 24134068 (16-09-2024)Former- → 29-07-2024
| NACE primary | Vervaardiging van andere anorganische chemische basisproducten(20130) |
| Legal form | Private limited company(610) |
| Incorporation | 17-06-2021 |
| Status | Active |
| Postal code | 3560 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62048A1306/00B000 | Wallonia | 20.8 ha | 1 · 326 m² | 5.1 m · 2 fl. |
| 71037A2109/00B000 | Flanders | 1,070 m² | 1 · 220 m² | 7.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-09-2024 1 director appointed, 1 resigning
- SBB, Dagelijks bestuur
- Schreinemacher Consulting BV, Bestuurder
Technical details
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"office_city": "Antwerpen",
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"filing_date": "2024-09-05",
"act_kind_objet": "Onderwerp akte:"
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"co_filed_documents": [
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],
"corrected_publication_numac": null
}13-08-2024 Registered office moved from Lanaken to Lummen
- Heirbaan 65, 3620 Lanaken → Kraaibergstraat 31, 3560 Lummen
Technical details
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]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KRECO SORTING AND REFINING |
| AbbreviationNL | KRECO S.R. en/of K.S.R. |