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KRID

Active Public limited companyfounded 2007active for 19 yearsVredestraat 53, 8790 WaregemKBO/BCE: BE 0887.412.220 subsidiary of
Part of the group 72 companies in 2 countries

Lifetime

18 annual accounts with figures on one time axis
peak €174,045 (2008)
€10,213previous year 5 months
lowest -€3,935 (2008)
€968previous year 5 months
peak €319,722 (2015)
€247,038▲ 0.4%
€1.4m▲ 16.1%
peak 0 FTE (2025)
0 FTE 
Board8 names since 2016
1 director
Owners
  
Documentsfilings and deeds
17-10-202514 days before the deadline
2025abbreviated format
1 director appointed, 1 resignation 18-08Permanent representatives: and 21-01Debts from €1.2m to €1.4mCash from €6,743 to €30,389

Key points

from the 2025 annual accounts

Equity

€247,038 ▲ 0.4%

KRID has made a profit without a break since 2009.

Turnover

≈ €73,000 estimated

The accounts state no turnover.

Debts

€1.4m 85% of the balance sheet
Financial debts 57%Suppliers 3%Taxes and wages 0%Other 40%

Of this, €607,309 falls due within a year.

Filings

18 annual accounts 14 days past the deadline
deadline2010201520202025

2026 accounts not filed: deadline was 31-10-2026.

Board

3 joined · 1 left

Board changed. Latest change 19-12-2025 · 3 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as KRID has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 4,107 companies, not a prediction for KRID. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
Auditor,
  • 100%equity €92.5m (2025) · deed of 09-04-2026
  • consolidatesequity €2.2m (2025) · annual accounts 31-10-2022
Board & ownership

Recent changes

Registered office moved from Leuven to Waregem Capital contribution of €60,000 · New registered office: Vredestraat 53, 8790 Waregem · Previous registered office: Diestsestraat 194C te 3000 Leuven · General meeting of 31-03-2026 · Gazette deed
1 director appointed, 1 resignation Resignation: · Permanent representatives: and · Appointment: · General meeting of 01-07-2025 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Leuven
Permanent representatives: and General meeting of 17-12-2024 · Gazette deed
All 33 events

Official details

Source: KBO
Status
Active since 05-02-2007Normal situation
Registered office
142 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
“A/ Het verwerven van participaties in eender welke vorm in alle bestaande of op…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
Establishment unit
2.160.849.3033000 Leuven, since 16-02-2007
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2025

€1.7m▲ 13.5%
Filing
Filed on 17-10-2025
Financials

Insights on KRID

KRID files the abbreviated format. That format states no turnover. The gross margin fell from €174,045 in 2008 to €10,213 in 2025.

holds all the shares. In September 2023, three directors stepped down.

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 KRID

What is the company number of KRID?
The company number of KRID is 0887.412.220. The VAT number is the same number with BE in front: BE 0887.412.220.
Where is KRID based?
The registered office is at Vredestraat 53, 8790 Waregem.Company details
What is the legal form of KRID?
KRID is a public limited company (NV).
When was KRID founded?
KRID was founded on 05-02-2007.
Is KRID still active?
Yes, KRID is an active enterprise in the KBO register.
What is the turnover of KRID?
The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €10,213 and 1,933 comparable companies of the same size. It probably lies between €29,000 and €190,000. It is a rough estimate.Financials
Is KRID profitable?
In financial year 2025, KRID made a profit of €968.
Where can I find the annual accounts of KRID?
KRID filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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