KRID
ActiveSummary
KRID has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,038 and a net result of €968. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 26% of 2309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+3
Solvency40▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 3.71 in 2024; short-term debt: 36.7% and cash: 1.8% of total assets), but 85.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.9%
Return on assets
0.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-10-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
on the day
2022
48 d early
2021
32 d early
2020
31 d early
2019
55 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€247,038▲ 0.4%
2024 · €246,070
Total assets
€1.7m▲ 13.5%
2024 · €1.5m
Net result
€968▼ 77.1%
2024 · €4,222
Working capital
€1.0m▼ 1.6%
2024 · €1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,817▼ 33.5%€12,656▲ 43.6%€9,490▼ 25.0%€8,414▼ 11.3%€9,826▲ 16.8%
Net result€718within the sector's middle half▼ 75.9%€2,043within the sector's middle half▲ 185%€393within the sector's middle half▼ 80.7%€4,222within the sector's middle half▲ 973%€968within the sector's middle half▼ 77.1%
Equity€239,411within the sector's middle half▲ 0.3%€241,454within the sector's middle half▲ 0.9%€241,848above the sector's middle half▲ 0.2%€246,070above the sector's middle half▲ 1.7%€247,038within the sector's middle half▲ 0.4%
Total assets€511,068within the sector's middle half▼ 8.0%€454,837within the sector's middle half▼ 11.0%€1.4mabove the sector's middle half▲ 209%€1.5mabove the sector's middle half▲ 3.8%€1.7mwithin the sector's middle half▲ 13.5%
Debt€271,657▼ 14.3%€213,382▼ 21.5%€1.2m▲ 446%€1.2m▲ 4.2%€1.4m▲ 16.1%
Working capital-€200,888below the sector's middle half▼ 17.9%-€184,024below the sector's middle half▲ 8.4%-€133,293below the sector's middle half▲ 27.6%€1.1mabove the sector's middle half€1.0mabove the sector's middle half▼ 1.6%
Solvency46.8%within the sector's middle half▲ 3.9pp53.1%within the sector's middle half▲ 6.2pp17.2%within the sector's middle half▼ 35.9pp16.9%below the sector's middle half▼ 0.3pp14.9%within the sector's middle half▼ 1.9pp
Current ratio0.12below the sector's middle half▼ 0.060.03below the sector's middle half▼ 0.090.88below the sector's middle half▲ 0.853.71within the sector's middle half▲ 2.832.73within the sector's middle half▼ 0.98
Return on assets (ROA)0.1%within the sector's middle half▼ 0.4pp0.4%within the sector's middle half▲ 0.3pp0.0%below the sector's middle half▼ 0.4pp0.3%within the sector's middle half▲ 0.3pp0.1%within the sector's middle half▼ 0.2pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.7m
Equity
€247,038 ▲ 0.4%
Debt
€1.4m ▲ 16.1%
Debt's share of the balance-sheet total rises from 83.1% to 85.1%. Equity and debt are higher.
Key figures and ratios
Quick ratio
0.05▲
2024 · 0.02
Debt to equity
5.70▲
2024 · 4.93
ROE
0.4%▼
2024 · 1.7%
Debt ≤ 1 year
€607,309▲
2024 · €393,844
Debt > 1 year
€802,000▼
2024 · €807,417
Income taxes
€300▼
2024 · €1,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,105 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,025 | €0 | €1,848 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,208 | €35,384 | €23,788 | €0 | - | - |
| Other operating charges640/8 | €917 | €1,033 | €1,531 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €44,942 | €49,073 | €34,810 | €8,799 | €10,213 | ▲ 16.1% |
| Operating profit (loss)9901 | €8,817 | €12,656 | €9,490 | €8,414 | €9,826 | ▲ 16.8% |
| Financial income75/76B | - | €21 | €0 | €1,945 | €5,430 | ▲ 179% |
| Recurring financial income75 | - | €21 | €0 | €1,945 | €5,430 | ▲ 179% |
| Financial charges65/66B | €6,315 | €8,868 | €9,097 | €4,507 | €13,988 | ▲ 210% |
| Recurring financial charges65 | €6,315 | €8,868 | €9,097 | €4,507 | €13,988 | ▲ 210% |
| Profit (loss) for the period before taxes9903 | €2,502 | €3,809 | €393 | €5,853 | €1,268 | ▼ 78.3% |
| Income taxes67/77 | €1,784 | €1,766 | €0 | €1,631 | €300 | ▼ 81.6% |
| Profit (loss) for the period9904 | €718 | €2,043 | €393 | €4,222 | €968 | ▼ 77.1% |
| Profit (loss) for the period to be appropriated9905 | €718 | €2,043 | €393 | €4,222 | €968 | ▼ 77.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €511,068 | €454,837 | €1.4m | €1.5m | €1.7m | ▲ 13.5% |
| Fixed assets21/28 | €483,655 | €449,660 | €415,558 | €0 | - | - |
| Tangible fixed assets22/27 | €483,655 | €449,660 | €415,558 | €0 | - | - |
| Land and buildings22 | €467,892 | €439,346 | €415,558 | €0 | - | - |
| Furniture and vehicles24 | - | €10,313 | €0 | - | - | - |
| Leasing and similar rights25 | €15,763 | €0 | - | - | - | - |
| Current assets29/58 | €27,412 | €5,177 | €990,679 | €1.5m | €1.7m | ▲ 13.5% |
| Stocks and contracts in progress3 | - | - | €984,934 | €1.5m | €1.6m | ▲ 12.0% |
| Stocks30/36 | - | - | €984,934 | €1.5m | €1.6m | ▲ 12.0% |
| Amounts receivable within one year40/41 | €2,813 | €356 | €2,936 | €0 | - | - |
| Trade receivables40 | €0 | - | €2,936 | €0 | - | - |
| Other amounts receivable41 | €2,813 | €356 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €17,246 | €1,551 | €2,809 | €6,743 | €30,389 | ▲ 351% |
| Deferred charges and accrued income490/1 | €7,354 | €3,271 | €0 | €1,344 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €511,068 | €454,837 | €1.4m | €1.5m | €1.7m | ▲ 13.5% |
| Equity10/15 | €239,411 | €241,454 | €241,848 | €246,070 | €247,038 | ▲ 0.4% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €6,100 | €6,100 | €6,100 | €6,100 | €6,100 | = |
| Distributable reserves133 | €6,100 | €6,100 | €6,100 | €6,100 | €6,100 | = |
| Profit (loss) carried forward14 | €213,311 | €215,354 | €215,748 | €219,970 | €220,938 | ▲ 0.4% |
| Amounts payable17/49 | €271,657 | €213,382 | €1.2m | €1.2m | €1.4m | ▲ 16.1% |
| Amounts payable after more than one year17 | €43,356 | €23,833 | €18,417 | €807,417 | €802,000 | ▼ 0.7% |
| Financial debts170/4 | €43,356 | €23,833 | €18,417 | €807,417 | €802,000 | ▼ 0.7% |
| Amounts payable within one year42/48 | €228,300 | €189,202 | €1.1m | €393,844 | €607,309 | ▲ 54.2% |
| Current portion of amounts payable after more than one year42 | €66,395 | €17,356 | €807,417 | €13,000 | €6,116 | ▼ 53.0% |
| Trade debts44 | €30,006 | €941 | €42,670 | €4,131 | €45,602 | ▲ 1,004% |
| Suppliers440/4 | €30,006 | €941 | €42,670 | €4,131 | €45,602 | ▲ 1,004% |
| Taxes, remuneration and social security45 | €2,375 | €2,856 | €1,848 | €3,479 | €317 | ▼ 90.9% |
| Taxes450/3 | €2,375 | €2,856 | €1,848 | €3,479 | €317 | ▼ 90.9% |
| Other amounts payable47/48 | €129,524 | €168,048 | €272,038 | €373,234 | €555,274 | ▲ 48.8% |
| Accrued charges and deferred income492/3 | - | €348 | €22,000 | €12,500 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €718 | €2,043 | €393 | €4,222 | €968 | ▼ 77.1% |
| + Depreciation and write-downs630 | €35,208 | €35,384 | €23,788 | €0 | - | - |
| Operating cash flow (approximation) | €35,926 | €37,427 | €24,182 | €4,222 | €968 | ▼ 77.1% |
| Investment in fixed assets (approximation) | - | -€1,388 | €10,313 | €415,558 | - | - |
| Change in cash | - | -€15,695 | €1,258 | €3,934 | €23,647 | ▲ 501% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 3.71
Current ratio from 0.88 to 3.71; short-term debt falls from €1.1m to €393,844.
2023
31-10
Financial
Weakest financial yearnet €393 ▼80.7%
Net result drops to €393, the lowest in the series; recovery starts the following year.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-10
Financial
Highest result since 2018net €12,391 ▲259%
Operating result €19,589, net result €12,391, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2007
Ground area
1.1 ha
Building footprint
873 m²
Volume, LiDAR
3,253 m³
2 parcels, Flanders · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
141
companies at this address
See who is registered here
1 establishment unit
KRID
since 20072.160.849.303
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B1150/00A000 | Flanders | 1.1 ha | 1 · 581 m² | 5.1 m |
| 24502B0035/00L000 | Flanders | 323 m² | 1 · 291 m² | 12.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500IXMW7Z3VCP6D47
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,363 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-02-2007
Fiscal year end31-03
Activities, NACEBEL 2025
82100Office administrative and support services
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887412220
Also
9925:BE0887412220
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.