KRISN
ActiveSummary
The computed 12-month bankruptcy probability of KRISN is 2.6% (moderate). The 2025 annual accounts show equity of €37k and a net result of €-11k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-65
Solvency88▼-1
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 2.29 in 2024; short-term debt: 36.7% and cash: 88.1% of total assets), and 36.7% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.3%
Return on assets
-19.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-11k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
33 d early
2022
39 d early
2021
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 23.6%
2024 · €49k
2021: €49k
2022: €45k
2023: €51k
2024: €49k
2021 → 2025
Total assets
€59k▼ 23.2%
2024 · €77k
2021: €99k
2022: €84k
2023: €81k
2024: €77k
2021 → 2025
Net result
€-11k▼ 396%
2024 · €-2k
2021: €9k
2022: €-3k
2023: €6k
2024: €-2k
2021 → 2025
Working capital
€34k▼ 7.0%
2024 · €36k
2021: €9k
2022: €15k
2023: €29k
2024: €36k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€45k▼ 6.7%€51k▲ 12.6%€49k▼ 4.5%€37k▼ 23.6%
Operating result€13k-€-2k€9k€-2k€-11k▼ 441%
Net result€9k-€-3k€6k€-2k€-11k▼ 396%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€4k ▼ 70.7%
Current assets
€55k ▼ 13.8%
Equity and liabilities €59k
Equity
€37k ▼ 23.6%
Debt
€22k ▼ 22.7%
Debt's share of the balance-sheet total rises from 36.4% to 36.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €7k
Cash flow
€-3k▼
2024 · €7k
Current ratio
2.55▲
2024 · 2.29
Debt to equity
0.58▲
2024 · 0.57
ROE
-30.8%▼
2024 · -4.8%
ROA
-19.5%▼
2024 · -3.0%
Interest coverage
-44.77▼
2024 · 18.28
Debt ≤ 1 year
€22k▼
2024 · €28k
Income taxes
€-6▲
2024 · €-170
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 · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€77k€59k▼
Fixed assets21/28€13k€4k▼
Tangible fixed assets22/27€13k€4k▼
Furniture and vehicles24€13k€4k▼
Current assets29/58€64k€55k▼
Amounts receivable within one year40/41€14k€2k▼
Trade receivables40€14k€2k▼
Cash at bank and in hand54/58€49k€52k▲
Deferred charges and accrued income490/1€811€849▲
Equity and liabilities
Total equity and liabilities10/49€77k€59k▼
Equity10/15€49k€37k▼
Contributions10/11€40k€40k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-2k€-14k▼
Amounts payable17/49€28k€22k▼
Amounts payable within one year42/48€28k€22k▼
Financial debts43€406€348▼
Other loans439€406€348▼
Trade debts44€248€2k▲
Suppliers440/4€248€2k▲
Taxes, remuneration and social security45€25k€17k▼
Remuneration and social security454/9€25k€17k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€834€877▲
Gross operating margin9900€8k€-2k▼
Operating profit (loss)9901€-2k€-11k▼
Financial charges65/66B€375€55▼
Recurring financial charges65€375€55▼
Profit (loss) for the period before taxes9903€-2k€-12k▼
Income taxes67/77€-170€-6▲
Profit (loss) for the period9904€-2k€-11k▼
Profit (loss) for the period to be appropriated9905€-2k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-14k▼
Profit (loss) brought forward from the previous period14P-€-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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Harelbeke · 1 establishment unit since 2021
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.
Goudberg 458530 HarelbekeGround area
387 m²
Building footprint
113 m²
Volume, LiDAR
596 m³
Parcel 34323D1413/00R002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KRISN
since 20212.311.725.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1413/00R002 | Flanders | 387 m² | 1 · 113 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 452 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 452 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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CHAUFFAGE ET SANITAIRE C. DEWEZ
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Climaeys
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,235 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
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:krisdecu@gmail.com
Phone:0494824080