KRIVACO
ActiveKRIVACO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.69M and a net result of €208k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 81% of 2916 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-38
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 7.59 against 3.22 in 2023), and 19.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
80.1%
Return on assets
9.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
65 d late
2022
68 d late
2021
73 d late
2020
90 d late
2019
157 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.69M▲ 14.0%
2023 · €1.48M
2018: €759k
2019: €788k
2020: €868k
2021: €989k
2022: €1.10M
2023: €1.48M
2018 → 2024
Total assets
€2.11M▼ 0.8%
2023 · €2.13M
2018: €1.27M
2019: €1.36M
2020: €1.41M
2021: €1.46M
2022: €1.72M
2023: €2.13M
2018 → 2024
Net result
€208k▼ 45.5%
2023 · €381k
2018: €47k
2019: €28k
2020: €81k
2021: €122k
2022: €110k
2023: €381k
2018 → 2024
Working capital
€859k▲ 24.9%
2023 · €688k
2018: €164k
2019: €141k
2020: €150k
2021: €330k
2022: €370k
2023: €688k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€868k-€989k▲ 14.0%€1.10M▲ 11.2%€1.48M▲ 34.7%€1.69M▲ 14.0%
Operating result€114k-€138k▲ 21.2%€153k▲ 11.4%€529k▲ 245%€292k▼ 44.9%
Net result€81k-€122k▲ 50.9%€110k▼ 9.6%€381k▲ 245%€208k▼ 45.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.11M
Fixed assets
€1.12M▼ 0.9%
Current assets
€990k▼ 0.8%
Equity and liabilities €2.11M
Equity
€1.69M▲ 14.0%
Debt
€420k▼ 34.9%
The debt ratio falls from 30.4% to 19.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€311k▼
2023 · €548k
Cash flow
€227k▼
2023 · €400k
Solvency
80.1%▲
2023 · 69.6%
Current ratio
7.59▲
2023 · 3.22
Quick ratio
7.59▲
2023 · 3.22
Debt / equity
0.25▼
2023 · 0.44
ROE
12.3%▼
2023 · 25.7%
ROA
9.8%▼
2023 · 17.9%
Interest coverage
28.47▼
2023 · 44.99
Debt
€420k▼
2023 · €646k
Debt ≤ 1 year
€130k▼
2023 · €310k
Debt > 1 year
€290k▼
2023 · €336k
Income taxes
€74k▼
2023 · €136k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.13M€2.11M▼
Fixed assets21/28€1.13M€1.12M▼
Tangible fixed assets22/27€116k€106k▼
Land and buildings22€114k€95k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€10k
Financial fixed assets28€1.01M€1.01M=
Current assets29/58€998k€990k▼
Amounts receivable within one year40/41€485k€292k▼
Trade receivables40€485k€286k▼
Other amounts receivable41-€6k
Current investments50/53-€2k
Cash at bank and in hand54/58€511k€694k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.11M▼
Equity10/15€1.48M€1.69M▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.47M€1.67M▲
Amounts payable17/49€646k€420k▼
Amounts payable after more than one year17€336k€290k▼
Financial debts170/4€336k€290k▼
Amounts payable within one year42/48€310k€130k▼
Current portion of amounts payable after more than one year42€10k€10k=
Financial debts43€71k€46k▼
Credit institutions430/8€71k€46k▼
Trade debts44-€9k
Suppliers440/4-€9k
Taxes, remuneration and social security45€115k€41k▼
Taxes450/3€115k€41k▼
Other amounts payable47/48€114k€24k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€551k€314k▼
Operating profit (loss)9901€529k€292k▼
Financial income75/76B€491€857▲
Recurring financial income75€491€857▲
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€517k€282k▼
Income taxes67/77€136k€74k▼
Profit (loss) for the period9904€381k€208k▼
Profit (loss) for the period to be appropriated9905€381k€208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.47M€1.67M▲
Profit (loss) brought forward from the previous period14P€1.09M€1.47M▲
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
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 59 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 7.59
Current ratio from 3.22 to 7.59; short-term debt falls from €310k to €130k.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Highest result since 2018net €381k ▲245%
Operating result €529k, net result €381k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 68 days late
2022
31-12
Financial
Equity above €1MEq €1.10M ▲11.2%
5 profitable years in a row build equity to €1.10M.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 73 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 157 days late
2019
31-12
Financial
Weakest financial yearnet €28k ▼40.4%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
02-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 33 days late
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
VANHINSBERGH Kris
CurrentNon-statutory director · since 27-12-2023
27-12-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2008
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.
Rijgelstraat 33020 HerentGround area
1,358 m²
Building footprint
203 m²
Volume, LiDAR
1,177 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KRIVACO
since 20082.194.669.144
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24111C0132/00L000 | Flanders | 982 m² | 1 · 96 m² | 8.7 m · 2 fl. |
| 24111C0132/00N000 | Flanders | 376 m² | 1 · 106 m² | 9.8 m · 1 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
Davy Quintens Accountant en Belastingconsulent
BE 0535.764.058
Beringen · Eq €1.69M
BFMS
BE 0656.966.350
Schilde · Eq €1.70M
MirFinances
BE 1002.222.113
Chaumont-Gistoux · Eq €1.70M
FLAMEE & PARTNERS ACCOUNTANTS & BELASTINGCONSULENTEN
BE 0821.675.221
Harelbeke · Eq €1.70M
Fiduciaire Néri-Wayet
BE 0643.662.207
Charleroi · Eq €1.71M
Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 3,378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2008
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.