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KRIVI

Active
Private limited companyfounded 200421 yrs activeZwijnaardsesteenweg 48, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0870.594.301
Summary

KRIVI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115,570 and a net result of €39,078. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 67% of 9091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Wholesale trade
NACE 46610NACE 51880
1 site
Size
€190,667total assets 2024
Staff
1 FTE
Equity
€115,570
Profit
€39,078
Turnover not published (abridged schema)
Financial health
66 Healthy Checked score 2024
Bankruptcy chance 12 m
1.2%
Structure
Accounts 65 d overdue0 of 6 deeds read
Why 66- Figures for FY 2024 (filed 06-07-2025)- Size: total assets €190,667+ Founded in 2004+ Equity €115,570 (60.6% of total assets)Show the evidence

Checked score

Score 2024
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 70% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 86+12
equity 60.6% of total assets
Liquidity 42+14
short-term debt 39.1% · cash 7.9%
Profitability 94-6
return on assets 20.5%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%▼ -1.2% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%▲ +11.7% vs 03-2025 05-2025: 0.3%▼ -2.1% vs 04-2025 06-2025: 0.3%▼ -1.1% vs 05-2025 07-2025: 0.4%▲ +52.0% vs 06-2025 08-2025: 0.2%▼ -51.3% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -1.5% vs 12-2025lowest value 02-2026: 0.2%● 0.0% vs 01-2026lowest value 03-2026: 0.2%● 0.0% vs 02-2026lowest value 04-2026: 0.2%▲ +12.4% vs 03-2026 05-2026: 0.2%▼ -1.8% vs 04-2026 06-2026: 0.2%▼ -0.4% vs 05-2026 07-2026: 0.2%▲ +5.4% vs 06-2026 08-2026: 0.6%▲ +153% vs 07-2026 09-2026: 0.7%▲ +20.0% vs 08-2026 10-2026: 1.2%▲ +75.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 06-07-2025) raises the probability
  • Founded in 2004 lowers the probability for this profile
  • Size: total assets €190,667 raises the probability for this profile
  • Equity €115,570 (60.6% of total assets) lowers the probability
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 1.82 in 2023; short-term debt: 39.1% and cash: 7.9% of total assets), and 39.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 67%, liquidity 39%, profitability 88%, growth against the median 88%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 06-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2004
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: total assets €190,667
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Equity €115,570 (60.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €115,570
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
28 d early
2022
24 d early
2021
30 d early
2020
29 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Equity above €100,000Eq €115,570 ▲51.1%
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: 6 profitable years in a rowprofit 2024: €39,078 6 years View
  • Total assets 20246 fiscal years filed €190,667 View

By topic

Financials

Fiscal year
2024
Total assets
€190,667
Profit
€39,078
Solvency
60.6%
Total assets▲ 23.3%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 02-07-2025Annual accounts filed
  2. 31-12-2024Equity above €100,000
  3. 03-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46610
Founded
09-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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