KRIS MIGNOLET
ActiveKRIS MIGNOLET has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167k and a net result of €-10k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-3
Solvency53▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.12 in 2024; short-term debt: 35.9% and cash: 4.2% of total assets), and 71.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
42 d early
2023
69 d early
2022
24 d early
2021
38 d early
2020
4 d late
2019
12 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
Equity
€167k▼ 10.5%
2024 · €187k
2018: €132k
2019: €151k
2020: €154k
2021: €158k
2022: €166k
2023: €182k
2024: €187k
2018 → 2025
Total assets
€588k▼ 20.9%
2024 · €744k
2018: €304k
2019: €469k
2020: €761k
2021: €751k
2022: €774k
2023: €744k
2024: €744k
2018 → 2025
Net result
€-10k
2024 · €5k
2018: €9k
2019: €19k
2020: €3k
2021: €4k
2022: €8k
2023: €15k
2024: €5k
2018 → 2025
Working capital
€19k▼ 44.9%
2024 · €34k
2018: €102k
2019: €101k
2020: €41k
2021: €14k
2022: €3k
2023: €19k
2024: €34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€166k▲ 5.2%€182k▲ 9.3%€187k▲ 2.7%€167k▼ 10.5%
Operating result€12k-€20k▲ 66.9%€27k▲ 33.2%€19k▼ 29.0%€-3k
Net result€4k-€8k▲ 106%€15k▲ 86.3%€5k▼ 68.0%€-10k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €19k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €588k
Fixed assets
€359k▼ 15.8%
Current assets
€230k▼ 27.8%
Equity and liabilities €588k
Equity
€167k▼ 10.5%
Debt
€421k▼ 24.4%
The debt ratio falls from 74.9% to 71.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€65k▼
2024 · €92k
Cash flow
€59k▼
2024 · €77k
Solvency
28.4%▲
2024 · 25.1%
Current ratio
1.09▼
2024 · 1.12
Quick ratio
0.93▼
2024 · 1.01
Debt / equity
2.52▼
2024 · 2.99
ROE
-5.8%▼
2024 · 2.7%
ROA
-1.6%▼
2024 · 0.7%
Interest coverage
8.61▲
2024 · 8.52
Debt
€421k▼
2024 · €557k
Debt ≤ 1 year
€211k▼
2024 · €285k
Debt > 1 year
€210k▼
2024 · €273k
Income taxes
€0▼
2024 · €4k
Staff costs
€276k▲
2024 · €271k
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€744k€588k▼
Fixed assets21/28€426k€359k▼
Tangible fixed assets22/27€426k€359k▼
Land and buildings22€298k€282k▼
Plant, machinery and equipment23€17k€12k▼
Furniture and vehicles24€110k€64k▼
Current assets29/58€318k€230k▼
Stocks and contracts in progress3€32k€34k▲
Stocks30/36€32k€34k▲
Amounts receivable within one year40/41€267k€166k▼
Trade receivables40€265k€157k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€15k€25k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€744k€588k▼
Equity10/15€187k€167k▼
Contributions10/11€102k€102k=
Reserves13€85k€74k▼
Distributable reserves133€85k€74k▼
Profit (loss) carried forward14-€-9k
Amounts payable17/49€557k€421k▼
Amounts payable after more than one year17€273k€210k▼
Financial debts170/4€273k€210k▼
Amounts payable within one year42/48€285k€211k▼
Current portion of amounts payable after more than one year42€63k€63k▲
Trade debts44€177k€113k▼
Suppliers440/4€177k€113k▼
Taxes, remuneration and social security45€44k€26k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€35k€20k▼
Other amounts payable47/48€365€10k▲
Accrued charges and deferred income492/3-€191
Income statement
Code20242025
Remuneration, social security and pensions62€271k€276k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€69k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€29k
Other operating charges640/8€10k€9k▼
Gross operating margin9900€373k€380k▲
Operating profit (loss)9901€19k€-3k▼
Financial income75/76B€12€1k▲
Recurring financial income75€12€1k▲
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€8k€-10k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€5k€-10k▼
Profit (loss) for the period to be appropriated9905€5k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-10k▼
Transfer from equity791/2-€11k
Transfer to equity691/2€5k€0▼
To other reserves6921€5k€0▼
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
Social balance
Average headcount (FTE)90875.05.0=
The notes to these accounts (18 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-10k ▼294%
Net result drops to €-10k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €19k ▲99.2%
Net result €19k, the highest in the series.
31-12
Financial
Equity above €150kEq €151k ▲14.2%
2 profitable years in a row build equity to €151k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Geetbets · 1 establishment unit since 2000
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.
Biesemstraat 23a3454 GeetbetsGround area
1,098 m²
Building footprint
289 m²
Volume, LiDAR
1,399 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PLEISTERWERKEN
since 20002.131.675.166
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24095G0091/00H000 | Flanders | 771 m² | 1 · 163 m² | 7.7 m · 2 fl. |
| 24095G0090/00W000 | Flanders | 327 m² | 1 · 125 m² | 6.4 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
PLEISTERWERKEN GUIDO DE BOECK
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CREA - GYP
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FRT CONSTRUCT
BE 0696.745.357
Kapelle-op-den-Bos · Eq €167k
VAN OUDENHOVE BINNENAFWERKING
BE 1010.253.515
Tessenderlo-Ham · Eq €168k
LOGYP
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Of 4,013 companies in sector 43310 we hold annual accounts for 1,746. 1,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2000
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.