KRENCO
The computed 12-month bankruptcy probability of KRENCO is 1.4% (low). The 2025 annual accounts show equity of €2k and a net result of €94k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 148 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €94k |
| Better than sector | 6% |
| Active | 5 yrs |
Strong profile, led by profitability.
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 | 0.4% | 42.1% | |
| Net result | €94k | €9k | |
| Equity | €2k | €43k | |
| Gross operating margin | €217k | €43k | |
| Total assets | €396k | €117k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €214k |
| Net profit | €94k |
| Cash flow | €173k |
| Staff costs | - |
| Income taxes | €33k |
| Dividends | €255k |
| Total assets | €396k |
| Equity | €2k |
| Debt | €395k |
| of which ≤ 1y | €318k |
| of which > 1y | €76k |
| Working capital | €-109k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.64 |
| Working capital ratio | -27.6% |
| Solvency | 0.4% |
| Debt / equity | 262.14 |
| Long-term debt ratio | 50.68 |
| Interest coverage | 26.68 |
| Gross margin | - |
| Net margin | - |
| ROA | 23.6% |
| ROE | 6215.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €396k |
| Fixed assets | 21/28 | €187k |
| Tangible fixed assets | 22/27 | €187k |
| Current assets | 29/58 | €209k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €151k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €396k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €506 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €395k |
| Amounts payable after one year | 17 | €76k |
| Amounts payable within one year | 42/48 | €318k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €217k |
| Operating result | 9901 | €135k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €127k |
| Income taxes | 67/77 | €33k |
| Net result for the period | 9904 | €94k |
| Result to be appropriated | 9905 | €94k |
| NACE primary | 42220 |
| Legal form | Private limited company(610) |
| Incorporation | 12-11-2020 |
| Status | Active |
| Postal code | 8730 |
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. |
|---|---|---|---|---|
| 31021E0657/00X000 | Flanders | 1.2 ha | 1 · 830 m² | 14.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-03-2026 Registered office moved within Oedelem
- Beernemstraat 3 bus 23, 8730 Oedelem → Tarwestraat 65 bus 102, 8730 Oedelem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Tarwestraat 65 bus 102, 8730 Oedelem",
"city": "Oedelem",
"region": "vlaams_gewest",
"street": "Tarwestraat",
"country": "BE",
"postcode": "8730",
"box_number": "102",
"street_number": "65",
"locality_suffix": null
},
"old_address": {
"raw": "Beernemstraat 3 bus 23, 8730 Oedelem",
"city": "Oedelem",
"region": "vlaams_gewest",
"street": "Beernemstraat",
"country": "BE",
"postcode": "8730",
"box_number": "23",
"street_number": "3",
"locality_suffix": null
},
"effective_date": "2026-02-12",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-19",
"filing_date": "2026-02-12",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2026-02-12",
"unanimous": null
},
"subject_company": {
"kbo": "0758.380.543",
"name_full": "Krenco",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kristof Kerkhove",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}18-12-2023 Registered office moved within Oedelem
- Holleweg 11, 8730 Oedelem → Beernemstraat 3, 8730 Oedelem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Oedelem",
"region": null,
"street": "Beernemstraat",
"country": "BE",
"postcode": "8730",
"box_number": "23",
"street_number": "3"
},
"old_address": {
"city": "Oedelem",
"region": null,
"street": "Holleweg",
"country": "BE",
"postcode": "8730",
"box_number": null,
"street_number": "11"
},
"effective_date": "2023-10-31",
"evidence_quote": "Uit de notulen van de vergadering van de enige bestuurder dd. 31/10/2023 blijkt dat de maatschappelijke zetel met ingang van 31/10/2023 verplaatst wordt naar volgend adres: Beernemstraat 3 bus 23, 8730 Oedelem"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0758.380.543",
"name_full": "KRENCO",
"legal_form": "BV"
}
}26-09-2022 Registered office moved from Zedelgem to Oedelem
- Rijselsestraat 136, 8210 Zedelgem → Holleweg 11, 8730 Oedelem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Oedelem",
"region": null,
"street": "Holleweg",
"country": "BE",
"postcode": "8730",
"box_number": null,
"street_number": "11"
},
"old_address": {
"city": "Zedelgem",
"region": null,
"street": "Rijselsestraat",
"country": "BE",
"postcode": "8210",
"box_number": null,
"street_number": "136"
},
"effective_date": "2022-08-18",
"evidence_quote": "Uit de notulen van de vergadering van de enige bestuurder dd. 18/08/2022 blijkt dat de maatschappelijke zetel van de vennootschap met ingang vanaf 18/08/2022 verplaatst wordt naar volgend adres: Holleweg 11, 8730 Oedelem"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0758.380.543",
"name_full": "KRENCO",
"legal_form": "BV"
}
}16-11-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8210 Zedelgem, Rijselsestraat 136",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1992-10-30",
"name": "Kristof Jerome KERKHOVE",
"niss": null,
"address": "8210 Zedelgem, Rijselsestraat 136"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "Kristof Jerome KERKHOVE",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1000,
"subject_company": {
"kbo": "0758.380.543",
"name_full": "KRENCO",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-11-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KRENCO |