KRIS MEEUS - VERHAEREN
ActiveSummary
KRIS MEEUS - VERHAEREN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €220k and a net result of €2k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▲+43
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 21.3 against 19.49 in 2023; short-term debt: 4.7% and cash: 86.5% of total assets), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 41
Relative position
BE, all sectors
reference
Sector 41
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d early
2022
60 d early
2021
39 d early
2020
66 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€220k▲ 1.0%
2023 · €218k
2018: €329k
2019: €329k
2020: €331k
2021: €309k
2022: €295k
2023: €218k
2018 → 2024
Total assets
€231k▲ 0.6%
2023 · €230k
2018: €336k
2019: €340k
2020: €345k
2021: €323k
2022: €316k
2023: €230k
2018 → 2024
Net result
€2k
2023 · €-77k
2018: €5k
2019: €306
2020: €2k
2021: €7k
2022: €-14k
2023: €-77k
2018 → 2024
Working capital
€218k▲ 1.5%
2023 · €215k
2018: €265k
2019: €296k
2020: €309k
2021: €297k
2022: €291k
2023: €215k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€331k-€309k▼ 6.8%€295k▼ 4.5%€218k▼ 26.0%€220k▲ 1.0%
Operating result€10k-€12k▲ 22.0%€-17k€-74k▼ 343%€3k
Net result€2k-€7k▲ 244%€-14k€-77k▼ 446%€2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €74k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €231k
Fixed assets
€2k ▼ 32.5%
Current assets
€229k ▲ 1.0%
Equity and liabilities €231k
Equity
€220k ▲ 1.0%
Debt
€11k ▼ 7.6%
Debt's share of the balance-sheet total falls from 5.1% to 4.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▲
2023 · €-74k
Cash flow
€3k▲
2023 · €-76k
Current ratio
21.30▲
2023 · 19.49
Quick ratio
21.11▲
2023 · 19.49
Debt to equity
0.05▼
2023 · 0.05
ROE
1.0%▲
2023 · -35.1%
ROA
1.0%▲
2023 · -33.4%
Interest coverage
2.76▲
2023 · -37.05
Debt ≤ 1 year
€11k▼
2023 · €12k
Income taxes
€220▲
2023 · €202
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€230k€231k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Land and buildings22€3k€2k▼
Current assets29/58€227k€229k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€4k€27k▲
Trade receivables40-€24k
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€220k€200k▼
Deferred charges and accrued income490/1€3k€540▼
Equity and liabilities
Total equity and liabilities10/49€230k€231k▲
Equity10/15€218k€220k▲
Contributions10/11€20k€20k=
Reserves13€198k€200k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€196k€198k▲
Amounts payable17/49€12k€11k▼
Amounts payable within one year42/48€12k€11k▼
Trade debts44€9k€4k▼
Suppliers440/4€9k€4k▼
Taxes, remuneration and social security45-€4k
Remuneration and social security454/9-€4k
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€945€945=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-73k€5k▲
Operating profit (loss)9901€-74k€3k▲
Financial income75/76B€95€1k▲
Recurring financial income75€95€1k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-76k€2k▲
Income taxes67/77€202€220▲
Profit (loss) for the period9904€-77k€2k▲
Profit (loss) for the period to be appropriated9905€-77k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€2k▲
Transfer from equity791/2€77k-
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €7k ▲244%
Operating result €12k, net result €7k, both a record.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ravels · 1 establishment unit since 1989
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.
Hoefstraat 82380 RavelsGround area
1,458 m²
Building footprint
191 m²
Volume, LiDAR
1,078 m³
Parcel 13035A0059/00V003, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoefstraat 8, 2380 Ravels
since 19892.042.735.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035A0059/00V003 | Flanders | 1,458 m² | 1 · 191 m² | 9.5 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
Entreprises Jennes
BE 0407.086.036
Kelmis · Eq €220,125
ALAIN DE JAEGER
BE 0479.662.921
Lochristi · Eq €220,111
Florand
BE 0719.723.073
Antwerpen · Eq €220,106
IMMO MEYERS HERMAN
BE 0865.409.650
Ans · Eq €220,188
ALGEMENE BOUWWERKEN VANDEWYNCKELE
BE 0455.504.278
Menen · Eq €220,068
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-1989
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.