KRONNENBERGH
InactiveKRONNENBERGH was declared bankrupt on 30-05-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 18-11-2025, published in the Belgian State Gazette on 21-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 28-05-2024, 28 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
28 d late
2022
30 d late
2021
30 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€84k▲ 99.0%
2022 · €42k
2020: €-16k
2021: €35k
2022: €42k
2020 → 2023
Total assets
€119k▲ 28.9%
2022 · €92k
2020: €3k
2021: €98k
2022: €92k
2020 → 2023
Net result
€42k▲ 461%
2022 · €7k
2020: €-18k
2021: €51k
2022: €7k
2020 → 2023
Working capital
€61k▲ 51.9%
2022 · €40k
2020: €-16k
2021: €24k
2022: €40k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-16k-€35k€42k▲ 21.4%€84k▲ 99.0%
Operating result€-18k-€62k€11k▼ 81.7%€53k▲ 363%
Net result€-18k-€51k€7k▼ 85.4%€42k▲ 461%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 363% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €119k
Fixed assets
€23k ▲ 980%
Current assets
€95k ▲ 6.1%
Equity and liabilities €119k
Equity
€84k ▲ 99.0%
Debt
€34k ▼ 30.8%
Debt's share of the balance-sheet total falls from 54.0% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▲
2022 · €20k
Cash flow
€50k▲
2022 · €16k
Current ratio
2.77▲
2022 · 1.81
Debt to equity
0.41▼
2022 · 1.18
ROE
49.8%▲
2022 · 17.6%
ROA
35.3%▲
2022 · 8.1%
Interest coverage
143.56▲
2022 · 13.41
Debt ≤ 1 year
€34k▼
2022 · €50k
Income taxes
€10k▲
2022 · €2k
Staff costs
€11k▲
2022 · €3k
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 · 2023 against 2022 · 39 lines
Balance sheet
Code20222023
Assets
Total assets20/58€92k€119k▲
Fixed assets21/28€2k€23k▲
Tangible fixed assets22/27€2k€23k▲
Furniture and vehicles24€2k€23k▲
Financial fixed assets28€0€0=
Current assets29/58€90k€95k▲
Stocks and contracts in progress3€10k-
Stocks30/36€10k-
Amounts receivable within one year40/41€80k€95k▲
Trade receivables40€55k€88k▲
Other amounts receivable41€25k€8k▼
Cash at bank and in hand54/58€0€0=
Equity and liabilities
Total equity and liabilities10/49€92k€119k▲
Equity10/15€42k€84k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€40k€82k▲
Amounts payable17/49€50k€34k▼
Amounts payable within one year42/48€50k€34k▼
Trade debts44€30k€7k▼
Suppliers440/4€30k€7k▼
Taxes, remuneration and social security45€2k€14k▲
Taxes450/3€2k€14k▲
Other amounts payable47/48€18k€13k▼
Income statement
Code20222023
Remuneration, social security and pensions62€3k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€62k
Non-recurring operating charges66A€21k-
Gross operating margin9900€43k€134k▲
Operating profit (loss)9901€11k€53k▲
Financial income75/76B€10€6▼
Recurring financial income75€10€6▼
Financial charges65/66B€1k€424▼
Recurring financial charges65€1k€424▼
Profit (loss) for the period before taxes9903€10k€52k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€7k€42k▲
Profit (loss) for the period to be appropriated9905€7k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€82k▲
Profit (loss) brought forward from the previous period14P€33k€40k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KRONNEN- BERGH BV MUTSAARDSTRAAT 18, 2000 ANTWERPEN 1 · event 18-11-2025
2024
07-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KRONNENBERGH BV MUTS- AARDSTRAAT 18, 2000 ANTWERPEN 1 · event 30-05-2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
30-09
Financial
Liquidity times 8current ratio 1.39
Current ratio from 0.17 to 1.39.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
30-05-2024 → 18-11-2025 |