KRO PRO
ActiveSummary
The computed 12-month bankruptcy probability of KRO PRO is 2.8% (moderate). The 2024 annual accounts show equity of €21k and a net result of €12k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 41% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+48
Solvency63▲+23
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.0 in 2023; short-term debt: 56.4% and cash: 15% of total assets), but 61.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
38.4%
Return on assets
21.9%
Age of the figures
21 mo
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 2024Equity per financial year
21222324
2021 to 2024 · latest year €21k
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 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
31 d early
2021
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€21k▲ 133%
2023 · €9k
Total assets
€55k▼ 9.5%
2023 · €61k
Net result
€12k
2023 · €-4k
Working capital
€18k▲ 85,840%
2023 · €21
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€20k-€-1k€981€20k▲ 1,967%
Net result€13k-€-4k€-4k▲ 17.8%€12k
Equity€17k-€13k▼ 26.0%€9k▼ 28.9%€21k▲ 133%
Total assets€117k-€104k▼ 10.7%€61k▼ 41.8%€55k▼ 9.5%
Debt€100k-€92k▼ 8.0%€52k▼ 43.6%€34k▼ 34.4%
Working capital€3k-€2k▼ 28.9%€21▼ 99.0%€18k▲ 85,840%
Staff (FTE)2.6-3.9▲ 50.0%3▼ 23.1%2.3▼ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,967% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€6k ▼ 60.4%
Current assets
€49k ▲ 7.0%
Equity and liabilities €55k
Equity
€21k ▲ 133%
Debt
€34k ▼ 34.4%
Debt's share of the balance-sheet total falls from 85.1% to 61.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €13k
Cash flow
€18k▲
2023 · €9k
Current ratio
1.58▲
2023 · 1.00
Quick ratio
1.55▲
2023 · 0.99
Debt to equity
1.61▼
2023 · 5.70
ROE
57.0%▲
2023 · -40.7%
ROA
21.9%▲
2023 · -6.1%
Interest coverage
4.55▲
2023 · 2.96
Debt ≤ 1 year
€31k▼
2023 · €46k
Debt > 1 year
€3k▼
2023 · €6k
Income taxes
€2k▲
2023 · €186
Staff costs
€88k▼
2023 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €134k | €191k | €124k | €88k | ▼ 29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €13k | €12k | €6k | ▼ 49.8% |
| Other operating charges640/8 | €2k | €3k | €2k | €4k | ▲ 96.9% |
| Gross operating margin9900 | €170k | €206k | €139k | €118k | ▼ 15.1% |
| Operating profit (loss)9901 | €20k | €-1k | €981 | €20k | ▲ 1,967% |
| Financial income75/76B | €155 | €3 | €0 | €41 | ▲ 31,346% |
| Recurring financial income75 | €155 | €3 | €0 | €41 | ▲ 31,346% |
| Financial charges65/66B | €4k | €4k | €4k | €6k | ▲ 29.6% |
| Recurring financial charges65 | €4k | €4k | €4k | €6k | ▲ 29.6% |
| Profit (loss) for the period before taxes9903 | €17k | €-5k | €-3k | €15k | ▲ 514% |
| Income taxes67/77 | €4k | €-76 | €186 | €2k | ▲ 1,228% |
| Profit (loss) for the period9904 | €13k | €-4k | €-4k | €12k | ▲ 426% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-4k | €-4k | €12k | ▲ 426% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €117k | €104k | €61k | €55k | ▼ 9.5% |
| Formation expenses20 | €0 | - | - | - | - |
| Fixed assets21/28 | €34k | €22k | €15k | €6k | ▼ 60.4% |
| Tangible fixed assets22/27 | €34k | €22k | €15k | €6k | ▼ 60.4% |
| Plant, machinery and equipment23 | €6k | €4k | €3k | €1k | ▼ 57.5% |
| Furniture and vehicles24 | €0 | €0 | €4k | €1k | ▼ 76.7% |
| Leasing and similar rights25 | €29k | €17k | €7k | €4k | ▼ 52.2% |
| Other tangible fixed assets26 | - | - | €0 | - | - |
| Current assets29/58 | €82k | €83k | €46k | €49k | ▲ 7.0% |
| Stocks and contracts in progress3 | €450 | €450 | €450 | €1k | ▲ 122% |
| Stocks30/36 | €450 | €450 | €450 | €1k | ▲ 122% |
| Amounts receivable within one year40/41 | €75k | €73k | €30k | €39k | ▲ 30.7% |
| Trade receivables40 | €59k | €57k | €15k | €21k | ▲ 41.8% |
| Other amounts receivable41 | €17k | €17k | €15k | €18k | ▲ 19.8% |
| Cash at bank and in hand54/58 | €5k | €9k | €13k | €8k | ▼ 36.5% |
| Deferred charges and accrued income490/1 | €1k | €406 | €2k | €340 | ▼ 84.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €117k | €104k | €61k | €55k | ▼ 9.5% |
| Equity10/15 | €17k | €13k | €9k | €21k | ▲ 133% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €13k | €8k | €5k | €17k | ▲ 264% |
| Amounts payable17/49 | €100k | €92k | €52k | €34k | ▼ 34.4% |
| Amounts payable after more than one year17 | €20k | €11k | €6k | €3k | ▼ 50.1% |
| Financial debts170/4 | €20k | €11k | €6k | €3k | ▼ 50.1% |
| Amounts payable within one year42/48 | €79k | €81k | €46k | €31k | ▼ 32.4% |
| Current portion of amounts payable after more than one year42 | €11k | €12k | €8k | €6k | ▼ 27.2% |
| Trade debts44 | €51k | €36k | €31k | €24k | ▼ 23.3% |
| Suppliers440/4 | €51k | €36k | €31k | €24k | ▼ 23.3% |
| Taxes, remuneration and social security45 | €15k | €32k | €6k | €296 | ▼ 95.2% |
| Taxes450/3 | €4k | €7k | €4k | - | - |
| Remuneration and social security454/9 | €11k | €25k | €2k | €296 | ▼ 87.3% |
| Other amounts payable47/48 | €2k | €558 | €600 | €1k | ▲ 73.9% |
| Accrued charges and deferred income492/3 | - | - | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-4k | €-4k | €12k | ▲ 426% |
| + Depreciation and write-downs630 | €14k | €13k | €12k | €6k | ▼ 49.8% |
| Operating cash flow (approximation) | €27k | €8k | €9k | €18k | ▲ 112% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €3k | ▲ 150% |
| Change in cash | - | €3k | €4k | €-5k | ▼ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Grâce-Hollogne · 1 establishment unit since 2020
Ground area
1,499 m²
Building footprint
250 m²
Volume, LiDAR
1,401 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KRO PRO
since 20202.309.237.626
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62454A0975/00P000 | Wallonia | 1,415 m² | 1 · 187 m² | 7.7 m · 2 fl. |
| 63006A0240/00W011 | Wallonia | 84 m² | 1 · 62 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,019 companies in sector 43310 we hold annual accounts for 1,746. 1,361 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43331Floor and wall tiling
43422Screed work
Scores and ratios are computed by Checked and are not a credit decision.