KRG
Open bankruptcyA bankruptcy procedure is open for KRG according to publications in the Belgian State Gazette; curator: INGE VANHOUTTE.
Summary
The file additionally contains 2 administrative flags. The 2023 annual accounts show equity of €7k and a net result of €2k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2023
30 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
Financials · fiscal year 2023, micro schema
Equity
€7k
Total assets
€28k
Net result
€2k
Working capital
€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €28k
Fixed assets
€3k
Current assets
€25k
Equity and liabilities €28k
Equity
€7k
Debt
€21k
Debt finances 73.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€5k
Cash flow
€4k
Current ratio
1.19
Debt to equity
2.83
ROE
31.6%
ROA
8.2%
Interest coverage
379.66
Debt ≤ 1 year
€21k
Income taxes
€577
Filed annual accounts As filed with the NBB · 2023 · 33 lines
Balance sheet
Code2023
Assets
Total assets20/58€28k
Formation expenses20€462
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Furniture and vehicles24€3k
Current assets29/58€25k
Amounts receivable within one year40/41€7k
Trade receivables40€7k
Other amounts receivable41€159
Cash at bank and in hand54/58€18k
Equity and liabilities
Total equity and liabilities10/49€28k
Equity10/15€7k
Contributions10/11€5k
Outside capital11€5k
Other1109/19€5k
Profit (loss) carried forward14€2k
Amounts payable17/49€21k
Amounts payable within one year42/48€21k
Trade debts44€18k
Suppliers440/4€18k
Taxes, remuneration and social security45€577
Taxes450/3€577
Other amounts payable47/48€3k
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Gross operating margin9900€5k
Operating profit (loss)9901€3k
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€3k
Income taxes67/77€577
Profit (loss) for the period9904€2k
Profit (loss) for the period to be appropriated9905€2k
Appropriation of the result
Profit (loss) to be appropriated9906€2k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-08
State Gazette act
Registered office · MiscellaneousRegistered-office move2 facts ▸
State Gazette act
Registered office · Miscellaneous
Registered-office move2 facts ▸
- General meeting, 15-10-2025
- Registered-office move, Driesstraat 172 - 9240 Zele
2025
08-12
KBO administration
Address struck
24-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · KRG BV DRIESSTRAAT 72, 9240 ZELE · event 18-11-2025
29-09
KBO administration
Address struck
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
SignalState Gazette actNBB filing
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2023
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.
Driesstraat 1729240 ZeleGround area
1,051 m²
Building footprint
341 m²
Volume, LiDAR
2,332 m³
2 parcels, Flanders · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KRG
since 20232.346.628.354
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403E0446/00S000 | Flanders | 884 m² | 1 · 174 m² | 7.4 m · 2 fl. |
| 11811L3846/00V000 | Flanders | 167 m² | 1 · 167 m² | 16.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
18-11-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.346.628.354
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Of 756 companies in sector 46321 we hold annual accounts for 551. 97 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46321Wholesale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.