KRISCO E-COMMERCE
InactiveKRISCO E-COMMERCE was declared bankrupt on 18-11-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 16-02-2026, published in the Belgian State Gazette on 27-02-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d early
2022
5 d early
2021
2 d early
2020
96 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€30k▼ 38.6%
2022 · €49k
2020: €131k
2021: €128k
2022: €49k
2020 → 2023
Total assets
€188k▼ 49.3%
2022 · €371k
2020: €414k
2021: €594k
2022: €371k
2020 → 2023
Net result
€-19k▲ 76.2%
2022 · €-79k
2020: €31k
2021: €-3k
2022: €-79k
2020 → 2023
Working capital
€24k▼ 77.7%
2022 · €109k
2020: €105k
2021: €218k
2022: €109k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€131k-€128k▼ 2.3%€49k▼ 61.8%€30k▼ 38.6%
Operating result€42k-€4k▼ 90.0%€-71k€-62k▲ 12.8%
Net result€31k-€-3k€-79k▼ 2,522%€-19k▲ 76.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62k in 2023 against €71k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €188k
Fixed assets
€6k▼ 53.9%
Current assets
€183k▼ 49.2%
Equity and liabilities €188k
Equity
€30k▼ 38.6%
Debt
€158k▼ 50.9%
The debt ratio falls from 86.9% to 84.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-56k▲
2022 · €-57k
Cash flow
€-13k▲
2022 · €-66k
Solvency
15.9%▲
2022 · 13.1%
Current ratio
1.15▼
2022 · 1.44
Quick ratio
0.11▲
2022 · 0.10
Debt / equity
5.29▼
2022 · 6.63
ROE
-62.9%▲
2022 · -162.0%
ROA
-10.0%▲
2022 · -21.2%
Interest coverage
-5.38▲
2022 · -6.87
Debt
€158k▼
2022 · €323k
Debt ≤ 1 year
€158k▼
2022 · €250k
Debt > 1 year
€0▼
2022 · €72k
Staff costs
€69k▼
2022 · €140k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€371k€188k▼
Fixed assets21/28€12k€6k▼
Tangible fixed assets22/27€12k€6k▼
Plant, machinery and equipment23€10k€5k▼
Furniture and vehicles24€2k€639▼
Leasing and similar rights25€0-
Financial fixed assets28€365€0▼
Current assets29/58€359k€183k▼
Stocks and contracts in progress3€334k€165k▼
Stocks30/36€334k€165k▼
Amounts receivable within one year40/41€19k€13k▼
Trade receivables40€19k€13k▼
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€371k€188k▼
Equity10/15€49k€30k▼
Contributions10/11€100k€100k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-51k€-70k▼
Amounts payable17/49€323k€158k▼
Amounts payable after more than one year17€72k€0▼
Financial debts170/4€72k€0▼
Amounts payable within one year42/48€250k€158k▼
Current portion of amounts payable after more than one year42€49k€25k▼
Financial debts43€5k€0▼
Credit institutions430/8€5k€0▼
Trade debts44€98k€51k▼
Suppliers440/4€98k€51k▼
Taxes, remuneration and social security45€92k€77k▼
Taxes450/3€72k€77k▲
Remuneration and social security454/9€21k€0▼
Other amounts payable47/48€5k€5k=
Income statement
Code20222023
Remuneration, social security and pensions62€140k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k€-30k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€6k€2k▼
Gross operating margin9900€116k€-13k▼
Operating profit (loss)9901€-71k€-62k▲
Financial income75/76B€203€53k▲
Recurring financial income75€203€53k▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€-79k€-19k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-79k€-19k▲
Profit (loss) for the period to be appropriated9905€-79k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-70k▲
Profit (loss) brought forward from the previous period14P-€-51k
Transfer from equity791/2€28k€0▼
Social balance
Average headcount (FTE)90873.92.6▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · KRISCO E-COMMERCE BV ZAVELSTRAAT(STE) 19, 9190 STEKENE · event 16-02-2026
2024
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · KRISCO E-COMMERCE BV ZAVELSTRAAT(STE) 19, 9190 STEKENE · event 18-11-2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
18-11-2024 → present |