KRR
Open bankruptcyA bankruptcy procedure is open for KRR according to publications in the Belgian State Gazette; curator: Nick PEETERS. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €12k and a net result of €7k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-07-2022, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
9 d early
2020
4 d early
2019
9 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€12k▲ 144%
2020 · €5k
2018: €9k
2019: €5k
2020: €5k
2018 → 2021
Total assets
€28k▲ 57.5%
2020 · €18k
2018: €26k
2019: €28k
2020: €18k
2018 → 2021
Net result
€7k
2020 · €0
2018: €1k
2019: €-9k
2020: €0
2018 → 2021
Working capital
€10k▲ 660%
2020 · €1k
2018: €-4k
2019: €-3k
2020: €1k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€9k-€5k▼ 41.8%€5k=€12k▲ 144%
Operating result€2k-€-9k€160€7k▲ 4,109%
Net result€1k-€-9k€0▲ 100.0%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 4,109% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €28k
Fixed assets
€2k▼ 44.8%
Current assets
€26k▲ 84.0%
Equity and liabilities €28k
Equity
€12k▲ 144%
Debt
€16k▲ 23.7%
The debt ratio falls from 71.9% to 56.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2020 · €5k
Cash flow
€11k▲
2020 · €4k
Solvency
43.5%▲
2020 · 28.1%
Current ratio
1.64▲
2020 · 1.10
Quick ratio
1.40▲
2020 · 0.74
Debt / equity
1.30
ROE
59.0%▲
2020 · 0.0%
ROA
25.7%▲
2020 · 0.0%
Interest coverage
75.46
Debt
€16k▲
2020 · €13k
Debt ≤ 1 year
€16k▲
2020 · €13k
Staff costs
€45k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€18k€28k▲
Fixed assets21/28€4k€2k▼
Intangible fixed assets21€500-
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€388
Furniture and vehicles24-€2k
Current assets29/58€14k€26k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36-€4k
Amounts receivable within one year40/41€6k€9k▲
Other amounts receivable41-€9k
Cash at bank and in hand54/58€4k€13k▲
Equity and liabilities
Total equity and liabilities10/49€18k€28k▲
Equity10/15€5k€12k▲
Contributions10/11-€19k
Profit (loss) carried forward14€-14k€-6k▲
Amounts payable17/49€13k€16k▲
Amounts payable within one year42/48€13k€16k▲
Trade debts44€5k€4k▼
Suppliers440/4-€4k
Taxes, remuneration and social security45-€12k
Taxes450/3-€963
Remuneration and social security454/9-€11k
Income statement
Code20202021
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62-€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8-€310
Gross operating margin9900€51k€56k▲
Operating profit (loss)9901€160€7k▲
Financial income75/76B-€646
Recurring financial income75-€646
Financial charges65/66B-€141
Recurring financial charges65€161€141▼
Profit (loss) for the period before taxes9903€0€7k▲
Profit (loss) for the period9904€0€7k▲
Profit (loss) for the period to be appropriated9905€0€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-6k
Profit (loss) brought forward from the previous period14P-€-14k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
15-12
KBO administration
Address struck
04-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · KRR BV LOUIZALAAN 209/7, 1050 ELSENE · event 28-11-2023
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-9k ▼755%
Net result drops to €-9k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
1 establishment unit since 2016
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.
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
KRR
since 20162.259.616.087
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Nick PEETERS VERSAILLESLAAN 6,
1020 BRUSSEL 2 |
28-11-2023 → present |
Similar companies · same sector, comparable size
BAKKERIJ BERTH
BE 0742.679.114
Brakel · Eq €12k
Nature de Pain
BE 0775.884.390
Fernelmont · Eq €12k
VDV B
BE 0774.691.191
Genappe · Eq €13k
Bakkerij D'hondt
BE 0553.923.250
Genk · Eq €13k
LEMMENS K.
BE 0478.191.885
Rotselaar · Eq €12k
Of 4,227 companies in sector 10712 we hold annual accounts for 1,871. 1,022 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-11-2016
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.