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KRUCOR

Active Public limited companyfounded 2010active for 16 yearsFrank Van Dyckelaan 15, 9140 TemseKBO/BCE: BE 0823.805.360 subsidiary of
Part of the group 71 companies in 4 countries

Lifetime

16 annual accounts with figures on one time axis
peak €7.7m (2013)
-not published
lowest -€1.1m (2019)
-€53,847▲ €11,186
peak €85,040 (2013)
-€1.0m▼ €53,847
€1.2m▲ 3.8%
peak 0 FTE (2023)
-not published
Board11 names since 2016
2 directors and 1 other
Owners2 names in the annual accounts
99% and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €13,645 to €10,657Loss of €53,847Cash from €5,553 to €0

Key points

from the 2025 annual accounts

Equity

-€1.0m
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€258,761 in three years
-139,8802023-65,0342024-53,8472025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Turnover

≈ €49,000 estimated

The accounts state no turnover.

Debts

€1.2m 705% of the balance sheet

At the same address

29 companies
  • establishment since 01-01-2026
  • Cmart-Tech seat since 28-04-2025
  • seat since 17-10-2024

Position in the sector

-604.5%

Lower solvency than 95% of companies in real estate. Sector median 30.2% · 12,423 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as KRUCOR has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,909 companies, not a prediction for KRUCOR. 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.

Credit verdict

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Signals

Board and ownership

Director, since 02-06-2023
Director, , since 02-06-2023
Auditor,
  • 99%equity €123.3m (2025) · 2025 annual accounts of
  • annual accounts 2023
Board & ownership

Recent changes

Reappointment: (statutory auditor) General meeting of 05-12-2025 · Gazette deed
Amendment of the articles General meeting of 22-12-2023 · Gazette deed
2 directors appointed, 3 resignations Resignations: , and · Permanent representatives: , and · Appointments: and · General meeting of 02-06-2023 · Gazette deed
Environmental permit granted Nieuwbouw of aanleggen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
All 31 events

Comparable companies

same main activity, similar in size and age
Company
KRUCOR Temse €167,922 €10,657 -604.5% -
PROJECT-GUIDANCE Ghent €95,029 €17,388 -37.7% -
TERRYN BOUWBURO Waregem €215,144 €6,700 52.5% -
THINKSTUDIO Wielsbeke €272,929 €20,014 85.0% -
DULENS Antwerp €126,702 €24,154 36.1% -
HEEREN PROJECTEN Hasselt €155,301 €34,699 91.8% -
PROCONSULT P & T Aalst €282,695 €33,422 80.8% -

These companies have the same main activity as KRUCOR: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €95,000 and €283,000, founded between 2007 and 2013.

Official details

Source: KBO
Status
Active since 10-03-2010Normal situation
Registered office
30 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Development of non-residential building projectsNACE 68122
Establishment unit
2.298.365.7089140 Temse, since 10-03-2010
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€167,922▼ 5.6%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Companies linked to KRUCOR

Parent and group

Insights on KRUCOR

KRUCOR has existed since 2010. In 2016 turnover rose from €2.1m to €7.2m.

Solvency fell in 2025 from -540.2% to -604.5% because of the loss.

holds 99% of the shares. In June 2023, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KRUCOR

What is the company number of KRUCOR?
The company number of KRUCOR is 0823.805.360. The VAT number is the same number with BE in front: BE 0823.805.360.
Where is KRUCOR based?
The registered office is at Frank Van Dyckelaan 15, 9140 Temse.Company details
What does KRUCOR do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of KRUCOR?
KRUCOR is a public limited company (NV).
When was KRUCOR founded?
KRUCOR was founded on 10-03-2010.
Is KRUCOR still active?
Yes, KRUCOR is an active enterprise in the KBO register.
What is the turnover of KRUCOR?
The turnover in financial year 2025 is ≈ €49,000. This figure is estimated from the gross margin of €10,657 and 34 comparable companies (NACE 681). It probably lies between €18,000 and €160,000. It is a rough estimate. In financial year 2021 turnover was €4.4m.Financials
Is KRUCOR profitable?
In financial year 2025, KRUCOR made a loss of €53,847.
Where can I find the annual accounts of KRUCOR?
KRUCOR filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KRUCOR due?
KRUCOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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