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KRINOSERVICE

Active
Private limited companyfounded 200917 yrs activeKoedreef 2, 9070 Destelbergen, BelgiumKBO/BCE: BE 0810.886.742

KRINOSERVICE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €23k and a net result of €10k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 217 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2026
70 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability79▲+79
Solvency66▲+12
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.56 in 2025; short-term debt: 52.8% and cash: 24.7% of total assets), but 59.3% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
40.7%
Return on assets
16.8%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 15-09-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
46 d early
2025
42 d early
2024
44 d early
2023
6 d late
2022
3 d early
2021
4 d early
2020
50 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2026, abbreviated schema

Equity
€23k▲ 70.3%
2025 · €14k
2019: €34k 2020: €35k 2021: €27k 2022: €26k 2023: €26k 2024: €27k 2025: €14k
2019 → 2026
Total assets
€57k▲ 21.8%
2025 · €47k
2019: €51k 2020: €45k 2021: €41k 2022: €45k 2023: €46k 2024: €59k 2025: €47k
2019 → 2026
Net result
€10k
2025 · €-13k
2019: €563 2020: €2k 2021: €-9k 2022: €-1k 2023: €2k 2024: €756 2025: €-13k
2019 → 2026
Working capital
€27k▲ 60.7%
2025 · €17k
2019: €31k 2020: €34k 2021: €28k 2022: €29k 2023: €29k 2024: €30k 2025: €17k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20222023202420252026Trend
Equity€26k-€26k▲ 2.3%€27k▲ 2.9%€14k▼ 49.7%€23k▲ 70.3%
Operating result€-674-€2k€1k▼ 35.1%€-14k€10k
Net result€-1k-€2k€756▼ 54.8%€-13k€10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2022: €-674€-674Net result 2022: €-1k€-1kOperating result 2023: €2k€2kNet result 2023: €2k€2kOperating result 2024: €1k€1kNet result 2024: €756€756Operating result 2025: €-14k€-14kNet result 2025: €-13k€-13kOperating result 2026: €10k€10kNet result 2026: €10k€10k20222023202420252026
The operating result returns to profit in 2026: €10k after a loss of €14k in 2025, the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €57k
Equity €23k▲ 70.3%
Debt €34k▲ 1.9%
The debt ratio falls from 70.9% to 59.3%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
Solvency
40.7%
2025 · 29.1%
Current ratio
1.89
2025 · 1.56
Quick ratio
1.26
2025 · 0.96
Debt / equity
1.46
2025 · 2.44
ROE
41.3%
2025 · -98.9%
ROA
16.8%
2025 · -28.8%
Debt
€34k
2025 · €33k
Debt ≤ 1 year
€30k
2025 · €30k
Debt > 1 year
€4k
2025 · €3k
Staff costs
€34k
2025 · €35k
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 · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€47k€57k
Current assets29/58€47k€57k
Stocks and contracts in progress3€18k€19k
Stocks30/36€18k€19k
Amounts receivable within one year40/41€8k€24k
Trade receivables40€5k€7k
Other amounts receivable41€3k€16k
Cash at bank and in hand54/58€20k€14k
Equity and liabilities
Total equity and liabilities10/49€47k€57k
Equity10/15€14k€23k
Contributions10/11€19k€19k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-22k€-12k
Amounts payable17/49€33k€34k
Amounts payable after more than one year17€3k€4k
Other amounts payable178/9€3k€4k
Amounts payable within one year42/48€30k€30k
Trade debts44€17k€24k
Suppliers440/4€17k€24k
Taxes, remuneration and social security45€6k€6k
Taxes450/3€27€26
Remuneration and social security454/9€6k€6k
Other amounts payable47/48€6k€0
Income statement Code20252026
Remuneration, social security and pensions62€35k€34k
Other operating charges640/8€678€294
Gross operating margin9900€22k€45k
Operating profit (loss)9901€-14k€10k
Financial income75/76B€870€327
Recurring financial income75€870€327
Financial charges65/66B€458€671
Recurring financial charges65€458€671
Profit (loss) for the period before taxes9903€-13k€10k
Profit (loss) for the period9904€-13k€10k
Profit (loss) for the period to be appropriated9905€-13k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-12k
Profit (loss) brought forward from the previous period14P€-8k€-22k
Social balance
Average headcount (FTE)90870.90.8

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
15-09
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
2025
19-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Weakest financial yearnet €-13k ▼1877%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2024
17-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
06-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
31-03
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
11-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
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, Destelbergen · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Koedreef 29070 Destelbergen
Ground area
5,237 m²
Building footprint
4,345 m²
Volume, LiDAR
25,323 m³
Parcel 44013B0505/00T007, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KrinoService - Leftyhouse
Koedreef 2, 9070 DestelbergenWholesale trade
since 20092.243.872.294
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44013B0505/00T007 Flanders 5,237 m² 1 · 4,345 m² 8.6 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

Of 1,467 companies in sector 47632 we hold annual accounts for 733. 389 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-04-2009
Fiscal year end31-03
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
95313Repair and fitting of specific motor vehicle parts
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.