KRIPAJO
ActiveKRIPAJO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €5k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.27 against 5.89 in 2024; short-term debt: 12.8% and cash: 49.3% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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
87.2%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
91 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€141k▲ 4.0%
2024 · €136k
2018: €80k
2019: €77k
2020: €92k
2021: €116k
2022: €127k
2023: €131k
2024: €136k
2018 → 2025
Total assets
€162k▲ 5.5%
2024 · €153k
2018: €100k
2019: €100k
2020: €153k
2021: €159k
2022: €156k
2023: €146k
2024: €153k
2018 → 2025
Net result
€5k▲ 17.4%
2024 · €5k
2018: €3k
2019: €-383
2020: €15k
2021: €30k
2022: €11k
2023: €4k
2024: €5k
2018 → 2025
Working capital
€109k▲ 26.7%
2024 · €86k
2018: €22k
2019: €31k
2020: €18k
2021: €56k
2022: €73k
2023: €82k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€127k▲ 9.3%€131k▲ 3.2%€136k▲ 3.5%€141k▲ 4.0%
Operating result€45k-€15k▼ 65.9%€6k▼ 60.1%€7k▲ 12.8%€8k▲ 18.7%
Net result€30k-€11k▼ 63.7%€4k▼ 62.0%€5k▲ 11.5%€5k▲ 17.4%
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 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€32k▼ 35.7%
Current assets
€130k▲ 25.1%
Equity and liabilities €162k
Equity
€141k▲ 4.0%
Debt
€21k▲ 17.6%
The debt ratio rises from 11.5% to 12.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €25k
Cash flow
€25k▲
2024 · €23k
Solvency
87.2%▼
2024 · 88.5%
Current ratio
6.27▲
2024 · 5.89
Quick ratio
6.00▲
2024 · 5.48
Debt / equity
0.15▲
2024 · 0.13
ROE
3.8%▲
2024 · 3.4%
ROA
3.3%▲
2024 · 3.0%
Interest coverage
363.82▲
2024 · 346.02
Debt
€21k▲
2024 · €18k
Debt ≤ 1 year
€21k▲
2024 · €18k
Income taxes
€3k▲
2024 · €2k
Staff costs
€41k▲
2024 · €39k
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€153k€162k▲
Fixed assets21/28€49k€32k▼
Tangible fixed assets22/27€49k€32k▼
Land and buildings22€14k€13k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€30k€16k▼
Current assets29/58€104k€130k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€43k€44k▲
Trade receivables40€43k€44k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€53k€80k▲
Deferred charges and accrued income490/1€1k€789▼
Equity and liabilities
Total equity and liabilities10/49€153k€162k▲
Equity10/15€136k€141k▲
Contributions10/11€25k€25k=
Capital10€25k€25k=
Issued capital100€25k€25k=
Reserves13€107k€116k▲
Non-distributable reserves130/1€335€335=
Legal reserve130€335€335=
Distributable reserves133€106k€116k▲
Profit (loss) carried forward14€4k€0▼
Amounts payable17/49€18k€21k▲
Amounts payable within one year42/48€18k€21k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€7k€7k▲
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€336€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€39k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€886€912▲
Gross operating margin9900€66k€69k▲
Operating profit (loss)9901€7k€8k▲
Financial charges65/66B€74€77▲
Recurring financial charges65€74€77▲
Profit (loss) for the period before taxes9903€7k€8k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▲
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer to equity691/2€5k€9k▲
To other reserves6921€5k€9k▲
The notes to these accounts (14 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €30k ▲102%
Operating result €45k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲26.5%
2 profitable years in a row build equity to €116k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-383 ▼115%
Net result drops to €-383, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Damme · 1 establishment unit since 2002
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.
Sijseelsesteenweg 4A8340 DammeGround area
3,253 m²
Building footprint
292 m²
Volume, LiDAR
1,428 m³
2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE SCHEVE SCHEURE
since 20022.114.523.190
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026A0591/00L000 | Flanders | 2,421 m² | 1 · 137 m² | 7.6 m · 2 fl. |
| 31019D0623/00P000 | Flanders | 832 m² | 1 · 155 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
GATSBY MESSANCY
BE 0677.891.428
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PIEVAL
BE 0874.582.781
Stekene · Eq €141k
SMAAKFABRIEK
BE 0721.922.104
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Den Bere'N'Oed
BE 0469.839.096
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Bella Italia 2
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Zedelgem · Eq €141k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-09-2002
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
55301
56101Full-service restaurants
56111Full-service restaurants
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.