KRIJOLO
ActiveThe computed 12-month bankruptcy probability of KRIJOLO is 2.8% (moderate). The 2025 annual accounts show equity of €394k and a net result of €209k. Equity is growing by ~59.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 3616 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
96
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency86▲+17
Growth78=
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.14 in 2024), and 35.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
64.6%
Return on assets
34.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
26 d late
2023
30 d late
2022
32 d late
2021
61 d late
2020
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€394k▲ 113%
2024 · €185k
2020: €33k
2021: €71k
2022: €84k
2023: €223k
2024: €185k
2020 → 2025
Total assets
€609k▲ 45.4%
2024 · €419k
2020: €214k
2021: €239k
2022: €212k
2023: €348k
2024: €419k
2020 → 2025
Net result
€209k▲ 21.5%
2024 · €172k
2020: €20k
2021: €38k
2022: €13k
2023: €140k
2024: €172k
2020 → 2025
Working capital
€79k▲ 184%
2024 · €28k
2020: €-4k
2021: €-17k
2022: €-11k
2023: €74k
2024: €28k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€84k▲ 17.6%€223k▲ 167%€185k▼ 17.1%€394k▲ 113%
Operating result€42k-€19k▼ 55.6%€182k▲ 876%€255k▲ 40.0%€301k▲ 18.1%
Net result€38k-€13k▼ 67.3%€140k▲ 1,014%€172k▲ 23.0%€209k▲ 21.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €609k
Fixed assets
€315k▲ 69.2%
Current assets
€294k▲ 26.4%
Equity and liabilities €609k
Equity
€394k▲ 113%
Debt
€216k▼ 7.8%
The debt ratio falls from 55.8% to 35.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€358k▲
2024 · €310k
Cash flow
€266k▲
2024 · €227k
Solvency
64.6%▲
2024 · 44.2%
Current ratio
1.37▲
2024 · 1.14
Quick ratio
1.26▲
2024 · 1.04
Debt / equity
0.55▼
2024 · 1.26
ROE
53.0%▼
2024 · 92.8%
ROA
34.2%▼
2024 · 41.0%
Interest coverage
109.00▲
2024 · 46.44
Debt
€216k▼
2024 · €234k
Debt ≤ 1 year
€215k▲
2024 · €205k
Debt > 1 year
€0▼
2024 · €29k
Income taxes
€89k▲
2024 · €77k
Staff costs
€451k▲
2024 · €347k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€419k€609k▲
Fixed assets21/28€186k€315k▲
Intangible fixed assets21€41k€33k▼
Tangible fixed assets22/27€139k€276k▲
Plant, machinery and equipment23€124k€196k▲
Furniture and vehicles24€16k€80k▲
Leasing and similar rights25€293€0▼
Financial fixed assets28€6k€6k=
Current assets29/58€233k€294k▲
Stocks and contracts in progress3€20k€24k▲
Stocks30/36€20k€24k▲
Amounts receivable within one year40/41€35k€38k▲
Trade receivables40€10k€18k▲
Other amounts receivable41€25k€20k▼
Current investments50/53-€100k
Cash at bank and in hand54/58€175k€126k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€419k€609k▲
Equity10/15€185k€394k▲
Contributions10/11€13k€13k=
Reserves13€172k€380k▲
Distributable reserves133€172k€380k▲
Profit (loss) carried forward14€721€721=
Amounts payable17/49€234k€216k▼
Amounts payable after more than one year17€29k€0▼
Financial debts170/4€29k€0▼
Amounts payable within one year42/48€205k€215k▲
Current portion of amounts payable after more than one year42€9k€29k▲
Trade debts44€41k€47k▲
Suppliers440/4€41k€47k▲
Taxes, remuneration and social security45€68k€59k▼
Taxes450/3€45k€30k▼
Remuneration and social security454/9€23k€29k▲
Other amounts payable47/48€87k€81k▼
Accrued charges and deferred income492/3€0€126▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€347k€451k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€57k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€659k€812k▲
Operating profit (loss)9901€255k€301k▲
Financial income75/76B€151€0▼
Recurring financial income75€151€0▼
Financial charges65/66B€7k€3k▼
Recurring financial charges65€7k€3k▼
Profit (loss) for the period before taxes9903€249k€298k▲
Income taxes67/77€77k€89k▲
Profit (loss) for the period9904€172k€209k▲
Profit (loss) for the period to be appropriated9905€172k€209k▲
Appropriation of the result
Profit (loss) to be appropriated9906€313k€209k▼
Profit (loss) brought forward from the previous period14P€141k€721▼
Transfer from equity791/2€70k€0▼
Transfer to equity691/2€172k€209k▲
To other reserves6921€172k€209k▲
Profit to be distributed694/7€210k€0▼
Return on contributions (dividend)694€210k€0▼
Social balance
Average headcount (FTE)908725.438.5▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €209k ▲21.5%
Operating result €301k, net result €209k, both a record.
31-12
Financial
Equity above €200kEq €394k ▲113%
6 profitable years in a row build equity to €394k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 1.87
Current ratio from 0.86 to 1.87.
31-12
Financial
Equity above €200kEq €223k ▲167%
4 profitable years in a row build equity to €223k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €13k ▼67.3%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kuurne · 1 establishment unit since 2020
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.
Luit.-Gen. Gérardstraat 588520 KuurneGround area
981 m²
Building footprint
428 m²
Volume, LiDAR
1,522 m³
Parcel 34023C0357/00L000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Taverne Leiemeers
since 20202.302.011.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0357/00L000 | Flanders | 981 m² | 1 · 428 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 183 EUR awarded · 183 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 183 EUR | 183 EUR |
Schemes
Energiesteun 2 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKuurne2.302.011.522
Legal Entity Identifier
254900HRVKECDUW1J416
Similar companies · same sector, comparable size
RESTOLUX
BE 0463.815.891
Mortsel · Eq €394k
POORTGEBOUW
BE 0870.417.820
Lanaken · Eq €394k
GOVI
BE 0426.247.494
Laarne · Eq €394k
Roma
BE 0426.924.615
Antwerpen · Eq €394k
SV L'ETANG
BE 0749.443.081
Waremme · Eq €393k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 6,877 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.