KRM-TECH
ActiveSummary
The computed 12-month bankruptcy probability of KRM-TECH is 1.6% (moderate). The 2025 annual accounts show equity of €54,622 and a net result of €39,031. Its solvency ranks better than 59% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-01-2024 Normal situation
- Activity
- General electrical installation work NACE 43211and 3 others
- Establishment unit
- 2.354.934.920 9000 Gent, since 26-01-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 16-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €50,985
- ▲ 152%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €39,031
- ▲ 168%
- Equity
- €54,622
- ▲ 250%
- Total assets
- €100,576
- ▲ 86.2%
Score breakdownraises riskFounded in 2024Size: total assets €100,576Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 08-04-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 59% of them on solvency, 29% on liquidity, 92% on profitability and 97% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-04-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 152% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Tangible fixed assets | - | €4,918 |
| Depreciation and write-downs of the year | - | €27 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €27 | - |
| Other operating charges640/8 | €297 | €631 | ▲ 112% |
| Gross operating margin9900 | €20,247 | €50,985 | ▲ 152% |
| Operating profit (loss)9901 | €19,949 | €50,327 | ▲ 152% |
| Financial income75/76B | €0 | €513 | ▲ 25,669× |
| Recurring financial income75 | €0 | €513 | ▲ 25,669× |
| Financial charges65/66B | €884 | €1,265 | ▲ 43.1% |
| Recurring financial charges65 | €884 | €1,265 | ▲ 43.1% |
| Profit (loss) for the period before taxes9903 | €19,066 | €49,576 | ▲ 160% |
| Income taxes67/77 | €4,475 | €10,545 | ▲ 136% |
| Profit (loss) for the period9904 | €14,591 | €39,031 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €14,591 | €39,031 | ▲ 168% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €54,007 | €100,576 | ▲ 86.2% |
| Fixed assets21/28 | - | €4,891 | - |
| Tangible fixed assets22/27 | - | €4,891 | - |
| Other tangible fixed assets26 | - | €4,891 | - |
| Current assets29/58 | €54,007 | €95,685 | ▲ 77.2% |
| Amounts receivable within one year40/41 | €49,643 | €82,373 | ▲ 65.9% |
| Trade receivables40 | €47,014 | €62,597 | ▲ 33.1% |
| Other amounts receivable41 | €2,629 | €19,776 | ▲ 652% |
| Cash at bank and in hand54/58 | €3,222 | €9,968 | ▲ 209% |
| Deferred charges and accrued income490/1 | €1,143 | €3,343 | ▲ 193% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €54,007 | €100,576 | ▲ 86.2% |
| Equity10/15 | €15,591 | €54,622 | ▲ 250% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €14,591 | €53,622 | ▲ 268% |
| Distributable reserves133 | €14,591 | €53,622 | ▲ 268% |
| Amounts payable17/49 | €38,417 | €45,954 | ▲ 19.6% |
| Amounts payable within one year42/48 | €38,417 | €45,954 | ▲ 19.6% |
| Trade debts44 | €16,136 | €31,732 | ▲ 96.7% |
| Suppliers440/4 | €16,136 | €31,732 | ▲ 96.7% |
| Taxes, remuneration and social security45 | €16,281 | €14,223 | ▼ 12.6% |
| Taxes450/3 | €4,475 | €14,223 | ▲ 218% |
| Remuneration and social security454/9 | €11,807 | - | - |
| Other amounts payable47/48 | €5,999 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,591 | €39,031 | ▲ 168% |
| + Depreciation and write-downs630 | - | €27 | - |
| Operating cash flow (approximation) | €14,591 | €39,058 | ▲ 168% |
| Change in cash | - | €6,746 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as KRM-TECH has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of KRM-TECH itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for KRM-TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- KARA Abdülkerim 100 shares (100%) · €1,000
Capital transactions
- 30-01-2024 Incorporation · €1,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Hij kan bijzondere machten toekennen aan elke mandataris, Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”“1”
Articles of association, deed of 30-01-2024 (in Dutch)
Network & group
KRM-TECH shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of KRM-TECH. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-01
Gazette deed
IncorporationStarting capital €1,000 · Appointment: KARA Abdülkerim (director) · Founder · Declaration5 points ▸
- Incorporation, 25-01-2024
- Founder, KARA Abdülkerim
- Declaration, “geen verklaring van wettelijke samenwoning afgelegd” (deed in Dutch)
- Founding capital, €1,000
- Director appointment, KARA Abdülkerim (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
KRM-TECH was incorporated on 26 January 2024 as a private limited company by one natural person, with a starting capital of €1,000.12 KARA Abdülkerim is director of the company, appointed in the act of 30-01-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
48 activities
- Elektrotechnische installatiewerken aan gebouwen
- De bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- De aanleg van waterdistributienetten en rioleringen
- Grondverzet : graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen, grondverzet met behulp van explosieven
- Het uitvoeren van horizontale boringen voor het leggen van kabels en kanalisaties
- De installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen, in havens en luchthavens (inclusief de installatie van verkeersborden)
- De bouw van autowegen en andere wegen
- De bouw van water- en gasdistributienetten
- De bouw van civieltechnische werken voor vloeistoffen, n.e.g.
- De bouw van spoorwegen : aanleggen van de bedding, plaatsen van de rails, uitvoeren en herstellingswerken
- Overige gespecialiseerde bouwwerkzaamheden
- Landschapsverzorging
- Het verzamelen, sorteren, vervoeren en afleveren van post en pakjes in binnen- en buitenland, door posterijen en koeriers die niet vallen onder het kader van een universele dienstverplichting
- Het vervoer van goederen over de weg
- Algemene reiniging van gebouwen
- Overige reiniging van gebouwen; industriële reiniging
- De handel in onroerend goed
- De bemiddeling bij aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis loodgieterswerk
- De algemene bouw van alle soorten gebouwen, inclusief volgens de formule “sleutel op de deur”
- Schilderen van gebouwen
- Installatie van verwarming, klimaatregeling en ventilatie
- Slopen van gebouwen en andere bouwwerken
- Het plaatsen van vloer- en wandtegels
- Het uitvoeren van metsel- en voegwerken
- Chapewerken
- Dakbedekking en bouw van dakconstructies
- Het uitvoeren van isolatiewerken
- Het aanbrengen van pleister- en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen of buitenzijde van gebouwen en andere bouwwerken
- De aanleg van opritten
- Het afbramen, zandstralen, trommelpolijsten en reinigen van metaal
- Vervaardiging van metalen constructiewerken en delen daarvan
- Verspanend bewerken van metalen
- Vervaardiging van overige artikelen van metaal, n.e.g.
- Oppervlaktebehandeling van metalen
- Reparatie van producten van metaal
- Detailhandel in auto's en lichte bestelwagens
- Algemeen onderhoud en reparatie van auto's en lichte bestelwagens
- De verhuur en lease van personenauto's en lichte bestelwagens
- Carrosserieherstelling
- Het wassen en poetsen van motorvoertuigen
- Groot- en kleinhandel in alle soorten goederen
- Verhuur en lease van personenauto’s en lichte bestelwagens
- Detailhandel in auto’s en lichte bestelwagens
- De installatie van industriële machines, toestellen en werktuigen
- Drukwerken in de ruimste zin van het woord
- De verwerking en conservering van vlees
- De vervaardiging en reparatie van houten emballage
- Eetgelegenheden met volledige en beperkte bediening
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1005.269.495
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
2 categories- C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44804D3654/00B010 | Flanders | 243 m² | 1 · 243 m² | 13.1 m · 1 |