Result
€25,239 €25,239
Back in profit in 2025, after a loss of €38,409 in 2024.
KREKELENBERG
Lifetime
9 annual accounts with figures on one time axispeak €322,405 (2022)
€275,210▲ 39.6%
lowest -€38,409 (2024)
€25,239▲ €63,647
peak €98,353 (2023)
€85,183▲ 42.1%
€3.5m▼ 0.8%
peak 1.7 FTE (2023)
1 FTEunchanged
Board3 names since 2021
2 directorsBEN SIMONS and 1 other
Owners
Documentsfilings and deeds
14-08-202614 days late
2025abbreviated format
Gross margin from €197,169 to €275,210Back to profit: €25,2392 directors appointed, 1 resignation 16-12Equity from €59,944 to €85,183Cash from €27,264 to €6,981
Key points
from the 2025 annual accountsDebts
€3.5m 98% of the balance sheet
Financial debts 59%Suppliers 9%Taxes and wages 1%Other 30%
Of this, €1.4m falls due within a year.
Investments
€7,071 0.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.40 was 0.90 in 2024
Short-term debts rose from €510,802 to €1.4m.
Filings
9 annual accounts 6 late
The 2019 accounts came latest: 77 days after the end of the period.
Board
2 joined · 1 left
Board changed. Latest change 16-12-2025 · 2 in office.
Checked score
81
Excellent
Financially stronger than 38% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,430 companies (NACE 90, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -0.5 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.40, cash €6,981, halved
Equity €85,183 (2.4% of total assets)
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Size: 1 FTE, total assets €3.5m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 18% of them on solvency, 18% on liquidity, 33% on profitability and 82% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as KREKELENBERG has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KREKELENBERG itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,375 companies, not a prediction for KREKELENBERG. 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.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.4 (0.9 in 2024), below 1. Short-term debt is 39.2% and cash 0.2% of total assets. 97.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 645 sector peers (2025).
NBB · sector comparisonPosition among 645 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
14 days late
2024
31 days early
2023
on the day
2022
6 days early
2021
29 days late
2020
30 days late
2019
77 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- POLDERS INVESTERINGSFONDS 100%equity €44.9m (2025) · 2025 annual accounts of POLDERS INVESTERINGSFONDS
Recent changes
2 directors appointed, 1 resignation
Resignation: SIMONS Benjamin Petrus Elisabeth · Appointments: BEN SIMONS and CENTENARY · Permanent representatives: SIMONS Benjamin Petrus Elisabeth and LEYSEN Ivo · General meeting of 11-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0659815873
First establishment
Hoge Weg 157, Stabroek
Incorporation
published on 25-07-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KREKELENBERG Stabroek | €3.5m | €275,210 | 2.4% | 1 |
| LOUVEXPO La Louvière | €2.9m | €440,563 | 78.5% | 3 |
| Autonoom Gemeentebedrijf Beerse Beerse | €5.8m | €475,336 | 7.3% | 0 |
| Autonoom Gemeentebedrijf Stadsontwikkeling Hamont-Achel | €4.7m | €254,012 | 86.3% | 0 |
| Handelsbeurs Antwerpen Events Antwerp | €1.2m | €196,810 | -2.9% | 2.6 |
| AGB Cultuur Geel Geel | €7.9m | €882,674 | 8.4% | 0 |
| Autonoom Gemeentebedrijf Roosdaal Roosdaal | €4.6m | €305,114 | 1.9% | 3 |
These companies have the same main activity as KREKELENBERG: arts creation and performing arts activities (NACE 90312). They are comparable in size and age: total assets between €1.2m and €7.9m, founded between 2007 and 2019.
Official details
Source: KBO- Status
- Active since 20-07-2016Normal situation
- Registered office
- 13 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Arts creation and performing arts activitiesNACE 90312and 5 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.278.885.5342940 Stabroek, since 01-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- ≈ €380,000estimated
- €3.5m▼ 0.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 14-08-2026
Insights on KREKELENBERG
KREKELENBERG files the abbreviated format. That format states no turnover. The gross margin rose from €32,774 in 2017 to €275,210 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
POLDERS INVESTERINGSFONDS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KREKELENBERG
- What is the company number of KREKELENBERG?
- The company number of KREKELENBERG is 0659.815.873. The VAT number is the same number with BE in front: BE 0659.815.873.
- Where is KREKELENBERG based?
- The registered office is at Hoge Weg 157, 2940 Stabroek.Company details
- What does KREKELENBERG do?
- According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90312).
- What is the legal form of KREKELENBERG?
- KREKELENBERG is a private limited company (BV).
- When was KREKELENBERG founded?
- KREKELENBERG was founded on 20-07-2016.
- Is KREKELENBERG still active?
- Yes, KREKELENBERG is an active enterprise in the KBO register.
- How many employees does KREKELENBERG have?
- KREKELENBERG had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KREKELENBERG fall under?
- In its 2025 annual accounts, KREKELENBERG states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of KREKELENBERG?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €275,210 and 31 comparable companies (NACE 90). It probably lies between €290,000 and €710,000.
- Is KREKELENBERG profitable?
- In financial year 2025, KREKELENBERG made a profit of €25,239.
- Where can I find the annual accounts of KREKELENBERG?
- KREKELENBERG filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KREKELENBERG due?
- KREKELENBERG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.POLDERS INVESTERINGSFONDS · 21 companies Compare this company with its sector.Sector benchmark
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