Liquidity
Short-term debts rose from €25,495 to €43,069.
Short-term debts rose from €25,495 to €43,069.
Nine of the last ten came late. The 2019 accounts came latest: 118 days after the end of the period.
Lower net result than 94% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
In July 2024, 8,617 companies had the same profile as KREMER has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 8,617 companies, not a prediction for KREMER. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| KREMER Chaudfontaine | €460,268 | €30,648 | 53.8% | - |
| DE VRESSE Antwerp | €472,476 | €31,744 | 57.2% | - |
| PLAKWERKEN ANDRIES Ichtegem | €416,393 | €33,527 | 26.6% | - |
| DE MULDER HERMAN Middelkerke | €529,858 | €33,319 | 42.7% | - |
| SELS Putte | €479,331 | €23,988 | 21.7% | - |
| KEUKENS VAN WESEMAEL Kontich | €449,028 | €25,654 | 78.6% | - |
| DEFEVER RENOVATIEWERKEN Wevelgem | €469,418 | €33,738 | 24.8% | - |
These companies have the same main activity as KREMER: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €416,000 and €530,000, founded between 1982 and 1993.
KREMER files the micro format. That format states no turnover. The gross margin fell from €140,160 in 2006 to €30,648 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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