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Kris Construct

Active
Private limited companyfounded 2021active for 4 yearsSchuddeboske 14, 2270 Herenthout, BelgiumKBO/BCE: BE 0777.528.244
Summary

The computed 12-month bankruptcy probability of Kris Construct is 3.4% (moderate). The 2025 annual accounts show equity of €45,159 and a net result of €14,075. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 34% of 9,049 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€45,159▲ 45.3%
2024 · €31,084
Total assets
€162,490▼ 12.1%
2024 · €184,958
Net result
€14,075
2024 · -€6,801
Working capital
€31,445▲ 71.2%
2024 · €18,370
Trend over the years

2022 to 2025, 4 financial years

The operating result returns to profit in 2025: €23,916 after a loss of €2,370 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,916 2025 Net result€14,075 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€30,394-€18,136▼ 40.3%-€2,370€23,916
Net result€23,538within the sector's middle half-€12,346within the sector's middle half▼ 47.5%-€6,801below the sector's middle half€14,075within the sector's middle half
Equity€25,538within the sector's middle half-€37,885within the sector's middle half▲ 48.3%€31,084within the sector's middle half▼ 18.0%€45,159within the sector's middle half▲ 45.3%
Total assets€66,077within the sector's middle half-€81,862within the sector's middle half▲ 23.9%€184,958within the sector's middle half▲ 126%€162,490within the sector's middle half▼ 12.1%
Debt€40,538-€43,977▲ 8.5%€153,874▲ 250%€117,331▼ 23.7%
Working capital€16,423within the sector's middle half-€32,106within the sector's middle half▲ 95.5%€18,370within the sector's middle half▼ 42.8%€31,445within the sector's middle half▲ 71.2%
Solvency38.6%within the sector's middle half-46.3%within the sector's middle half▲ 7.6pp16.8%below the sector's middle half▼ 29.5pp27.8%within the sector's middle half▲ 11.0pp
Current ratio1.41within the sector's middle half-1.73within the sector's middle half▲ 0.321.15within the sector's middle half▼ 0.581.34within the sector's middle half▲ 0.18
Return on assets (ROA)35.6%above the sector's middle half-15.1%within the sector's middle half▼ 20.5pp-3.7%below the sector's middle half▼ 18.8pp8.7%within the sector's middle half▲ 12.3pp
Staff (FTE)11=
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162,490
Fixed assets €37,399 ▼ 19.7%
Current assets €125,091 ▼ 9.6%
Equity and liabilities €162,490
Equity €45,159 ▲ 45.3%
Debt €117,331 ▼ 23.7%
Debt's share of the balance-sheet total falls from 83.2% to 72.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,236▲
2024 · €8,004
Cash flow
€26,395▲
2024 · €3,573
Debt to equity
2.60▼
2024 · 4.95
ROE
31.2%▲
2024 · -21.9%
Interest coverage
4.92▲
2024 · 1.76
Debt ≤ 1 year
€93,646▼
2024 · €120,038
Debt > 1 year
€23,686▼
2024 · €33,836
Income taxes
€4,335
Staff costs
€54,291▲
2024 · €52,096
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% 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 3.4% 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 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€184,958€162,490▼
Fixed assets21/28€46,550€37,399▼
Tangible fixed assets22/27€46,550€37,399▼
Plant, machinery and equipment23€39,270€31,887▼
Furniture and vehicles24€7,280€5,512▼
Current assets29/58€138,408€125,091▼
Amounts receivable within one year40/41€104,255€116,428▲
Trade receivables40€99,023€106,806▲
Other amounts receivable41€5,232€9,622▲
Cash at bank and in hand54/58€29,774€6,017▼
Deferred charges and accrued income490/1€4,378€2,646▼
Equity and liabilities
Total equity and liabilities10/49€184,958€162,490▼
Equity10/15€31,084€45,159▲
Contributions10/11€2,000€2,000=
Reserves13€35,885€43,159▲
Distributable reserves133€35,885€43,159▲
Profit (loss) carried forward14-€6,801-
Amounts payable17/49€153,874€117,331▼
Amounts payable after more than one year17€33,836€23,686▼
Financial debts170/4€33,836€23,686▼
Amounts payable within one year42/48€120,038€93,646▼
Current portion of amounts payable after more than one year42€10,151€10,151=
Financial debts43€40,000€35,000▼
Credit institutions430/8€40,000€35,000▼
Trade debts44€51,861€44,078▼
Suppliers440/4€51,861€44,078▼
Taxes, remuneration and social security45€17,070€4,335▼
Taxes450/3€17,070€4,335▼
Other amounts payable47/48€956€81▼
Income statement Code20242025
Non-recurring operating income76A€2,347€1,240▼
Remuneration, social security and pensions62€52,096€54,291▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,374€12,320▲
Other operating charges640/8€865€894▲
Gross operating margin9900€60,965€91,421▲
Operating profit (loss)9901-€2,370€23,916▲
Financial income75/76B€117€1,852▲
Recurring financial income75€117€1,852▲
Financial charges65/66B€4,548€7,358▲
Recurring financial charges65€4,548€7,358▲
Profit (loss) for the period before taxes9903-€6,801€18,410▲
Income taxes67/77-€4,335
Profit (loss) for the period9904-€6,801€14,075▲
Profit (loss) for the period to be appropriated9905-€6,801€14,075▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,801€7,274▲
Profit (loss) brought forward from the previous period14P--€6,801
Transfer to equity691/2-€7,274
To other reserves6921-€7,274

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A€1,544€2,344€2,347€1,240▼ 47.2%
Remuneration, social security and pensions62€1,814€2,623€52,096€54,291▲ 4.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,723€3,337€10,374€12,320▲ 18.8%
Other operating charges640/8€1,040€1,226€865€894▲ 3.4%
Gross operating margin9900€35,972€25,324€60,965€91,421▲ 50.0%
Operating profit (loss)9901€30,394€18,136-€2,370€23,916-
Financial income75/76B€29€11€117€1,852▲ 1,488%
Recurring financial income75€29€11€117€1,852▲ 1,488%
Financial charges65/66B€100€2,223€4,548€7,358▲ 61.8%
Recurring financial charges65€100€2,223€4,548€7,358▲ 61.8%
Profit (loss) for the period before taxes9903€30,323€15,925-€6,801€18,410-
Income taxes67/77€6,785€3,579-€4,335-
Profit (loss) for the period9904€23,538€12,346-€6,801€14,075-
Profit (loss) for the period to be appropriated9905€23,538€12,346-€6,801€14,075-
Line2022202320242025Change
Assets
Total assets20/58€66,077€81,862€184,958€162,490▼ 12.1%
Fixed assets21/28€9,116€5,778€46,550€37,399▼ 19.7%
Tangible fixed assets22/27€9,116€5,778€46,550€37,399▼ 19.7%
Plant, machinery and equipment23€3,552€2,107€39,270€31,887▼ 18.8%
Furniture and vehicles24€5,564€3,671€7,280€5,512▼ 24.3%
Current assets29/58€56,961€76,083€138,408€125,091▼ 9.6%
Amounts receivable within one year40/41€22,779€46,182€104,255€116,428▲ 11.7%
Trade receivables40€11,199€33,661€99,023€106,806▲ 7.9%
Other amounts receivable41€11,580€12,521€5,232€9,622▲ 83.9%
Cash at bank and in hand54/58€34,182€29,902€29,774€6,017▼ 79.8%
Deferred charges and accrued income490/1--€4,378€2,646▼ 39.6%
Equity and liabilities
Total equity and liabilities10/49€66,077€81,862€184,958€162,490▼ 12.1%
Equity10/15€25,538€37,885€31,084€45,159▲ 45.3%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€23,538€35,885€35,885€43,159▲ 20.3%
Distributable reserves133€23,538€35,885€35,885€43,159▲ 20.3%
Profit (loss) carried forward14---€6,801--
Amounts payable17/49€40,538€43,977€153,874€117,331▼ 23.7%
Amounts payable after more than one year17--€33,836€23,686▼ 30.0%
Financial debts170/4--€33,836€23,686▼ 30.0%
Amounts payable within one year42/48€40,538€43,977€120,038€93,646▼ 22.0%
Current portion of amounts payable after more than one year42--€10,151€10,151=
Financial debts43--€40,000€35,000▼ 12.5%
Credit institutions430/8--€40,000€35,000▼ 12.5%
Trade debts44€28,222€37,178€51,861€44,078▼ 15.0%
Suppliers440/4€28,222€37,178€51,861€44,078▼ 15.0%
Taxes, remuneration and social security45€6,785€6,785€17,070€4,335▼ 74.6%
Taxes450/3€6,785€6,785€17,070€4,335▼ 74.6%
Other amounts payable47/48€5,531€14€956€81▼ 91.5%
Line2022202320242025Change
Profit (loss) for the period9904€23,538€12,346-€6,801€14,075-
+ Depreciation and write-downs630€2,723€3,337€10,374€12,320▲ 18.8%
Operating cash flow (approximation)€26,261€15,684€3,573€26,395▲ 639%
Investment in fixed assets (approximation)-€0-€51,145-€3,169▲ 93.8%
Change in cash--€4,280-€127-€23,758▼ 18,597%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 07-07-2026 2026-00262765
31-12-2024 micro format 25-07-2025 2025-00309896
31-12-2023 micro format 09-07-2024 2024-00226975
31-12-2022 micro format 24-07-2023 2023-00262760

Similar companies · same sector, comparable size

Of the 29,188 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,146. 13,105 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €12,856 awarded · €12,856 paid
Schemes
1 entry · €12,856 · €12,856 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.