KRINIDI
ActiveKRINIDI has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €14k. Its solvency ranks better than 48% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+40
Solvency53▲+5
Growth78
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 43.7% and cash: 0.2% of total assets), and 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.2%
Return on assets
4.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
142 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 19.7%
2023 · €72k
2023: €72k
2023 → 2024
Total assets
€307k▼ 2.7%
2023 · €315k
2023: €315k
2023 → 2024
Net result
€14k
2023 · €-3k
2023: €-3k
2023 → 2024
Working capital
€-133k▼ 5.5%
2023 · €-126k
2023: €-126k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€72k-€86k▲ 19.7%
Operating result€-617-€25k
Net result€-3k-€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25k after a loss of €617 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €307k
Fixed assets
€306k▼ 2.5%
Current assets
€1k▼ 40.5%
Equity and liabilities €307k
Equity
€86k▲ 19.7%
Debt
€220k▼ 9.4%
The debt ratio falls from 77.1% to 71.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2023 · €2k
Cash flow
€22k▲
2023 · €-553
Solvency
28.2%▲
2023 · 22.9%
Current ratio
0.01▼
2023 · 0.01
Quick ratio
0.01▼
2023 · 0.01
Debt / equity
2.55▼
2023 · 3.37
ROE
16.4%▲
2023 · -3.9%
ROA
4.6%▲
2023 · -0.9%
Interest coverage
4.78▲
2023 · 0.75
Debt
€220k▼
2023 · €243k
Debt ≤ 1 year
€134k▲
2023 · €128k
Debt > 1 year
€86k▼
2023 · €115k
Income taxes
€4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€315k€307k▼
Fixed assets21/28€314k€306k▼
Tangible fixed assets22/27€314k€306k▼
Land and buildings22€314k€306k▼
Current assets29/58€2k€1k▼
Cash at bank and in hand54/58€2k€575▼
Deferred charges and accrued income490/1-€523
Equity and liabilities
Total equity and liabilities10/49€315k€307k▼
Equity10/15€72k€86k▲
Contributions10/11€75k€75k=
Profit (loss) carried forward14€-3k€11k▲
Amounts payable17/49€243k€220k▼
Amounts payable after more than one year17€115k€86k▼
Financial debts170/4€115k€86k▼
Amounts payable within one year42/48€128k€134k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€100k€99k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€3k€35k▲
Operating profit (loss)9901€-617€25k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€-3k€18k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-3k€14k▲
Profit (loss) for the period to be appropriated9905€-3k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€11k▲
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schelle · 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.
Steenwinkelstraat 4252627 SchelleGround area
721 m²
Building footprint
142 m²
Volume, LiDAR
755 m³
Parcel 11038B0276/00L002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KRINIDI
since 20232.348.488.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038B0276/00L002 | Flanders | 721 m² | 1 · 142 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
ARTE ET PERSEVERARE
BE 0769.787.743
Gent · Eq €86k
LOCALS VASTGOED
BE 0730.715.351
Ninove · Eq €86k
FIMUKO
BE 0888.418.941
Liedekerke · Eq €87k
MEZZALUNA
BE 0810.584.953
Londerzeel · Eq €87k
JAY CONSTRUCT
BE 0600.801.073
Ninove · Eq €86k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,628 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2023
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kristine@krinidi.eu