KRUISKIP
ActiveKRUISKIP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €860k and a net result of €179k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 1734 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+6
Solvency58▼-9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.23 in 2024; short-term debt: 52.4% and cash: 3% of total assets), and 66.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.2%
Return on assets
6.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
37 d early
2023
41 d early
2022
45 d early
2021
47 d early
2020
35 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€860k▼ 4.2%
2024 · €898k
2018: €1.04M
2019: €1.05M
2020: €1.15M
2021: €1.20M
2022: €913k
2023: €868k
2024: €898k
2018 → 2025
Total assets
€2.59M▲ 19.8%
2024 · €2.16M
2018: €3.28M
2019: €3.04M
2020: €2.74M
2021: €2.24M
2022: €1.90M
2023: €2.15M
2024: €2.16M
2018 → 2025
Net result
€179k▲ 486%
2024 · €31k
2018: €68k
2019: €9k
2020: €96k
2021: €52k
2022: €-288k
2023: €68k
2024: €31k
2018 → 2025
Working capital
€8k▼ 96.3%
2024 · €207k
2018: €212k
2019: €319k
2020: €396k
2021: €502k
2022: €393k
2023: €229k
2024: €207k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.20M-€913k▼ 24.0%€868k▼ 5.0%€898k▲ 3.5%€860k▼ 4.2%
Operating result€28k-€-287k€67k€49k▼ 26.5%€224k▲ 352%
Net result€52k-€-288k€68k€31k▼ 55.1%€179k▲ 486%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 352% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.59M
Fixed assets
€1.23M▲ 17.2%
Current assets
€1.36M▲ 22.2%
Equity and liabilities €2.59M
Equity
€860k▼ 4.2%
Debt
€1.73M▲ 36.8%
The debt ratio rises from 58.5% to 66.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€620k▲
2024 · €467k
Cash flow
€576k▲
2024 · €448k
Solvency
33.2%▼
2024 · 41.5%
Current ratio
1.01▼
2024 · 1.23
Quick ratio
1.01▼
2024 · 1.23
Debt / equity
2.01▲
2024 · 1.41
ROE
20.8%▲
2024 · 3.4%
ROA
6.9%▲
2024 · 1.4%
Interest coverage
20.93▲
2024 · 20.56
Debt
€1.73M▲
2024 · €1.26M
Debt ≤ 1 year
€1.36M▲
2024 · €910k
Debt > 1 year
€373k▲
2024 · €354k
Income taxes
€18k▲
2024 · €4k
Staff costs
€920k▲
2024 · €853k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.16M€2.59M▲
Fixed assets21/28€1.05M€1.23M▲
Tangible fixed assets22/27€1.04M€1.22M▲
Land and buildings22€53k€27k▼
Plant, machinery and equipment23€122k€223k▲
Furniture and vehicles24€658k€817k▲
Leasing and similar rights25€186k€136k▼
Other tangible fixed assets26€23k€20k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€1.12M€1.36M▲
Amounts receivable within one year40/41€968k€1.22M▲
Trade receivables40€909k€1.14M▲
Other amounts receivable41€60k€76k▲
Cash at bank and in hand54/58€99k€78k▼
Deferred charges and accrued income490/1€49k€67k▲
Equity and liabilities
Total equity and liabilities10/49€2.16M€2.59M▲
Equity10/15€898k€860k▼
Contributions10/11€425k€305k▼
Reserves13€473k€556k▲
Distributable reserves133€473k€556k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.26M€1.73M▲
Amounts payable after more than one year17€354k€373k▲
Financial debts170/4€354k€373k▲
Amounts payable within one year42/48€910k€1.36M▲
Current portion of amounts payable after more than one year42€205k€293k▲
Trade debts44€583k€850k▲
Suppliers440/4€583k€850k▲
Taxes, remuneration and social security45€112k€98k▼
Taxes450/3€49k€37k▼
Remuneration and social security454/9€63k€62k▼
Other amounts payable47/48€10k€114k▲
Income statement
Code20242025
Non-recurring operating income76A-€31k
Remuneration, social security and pensions62€853k€920k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€418k€397k▼
Other operating charges640/8€25k€20k▼
Gross operating margin9900€1.34M€1.56M▲
Operating profit (loss)9901€49k€224k▲
Financial income75/76B€7k€3k▼
Recurring financial income75€4k€3k▼
Non-recurring financial income76B€4k€0▼
Financial charges65/66B€23k€30k▲
Recurring financial charges65€23k€30k▲
Profit (loss) for the period before taxes9903€34k€198k▲
Income taxes67/77€4k€18k▲
Profit (loss) for the period9904€31k€179k▲
Profit (loss) for the period to be appropriated9905€31k€179k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€179k▲
Transfer from equity791/2€0€97k▲
Transfer to equity691/2€31k€179k▲
To other reserves6921€31k€179k▲
Profit to be distributed694/7€0€97k▲
Return on contributions (dividend)694€0€97k▲
Social balance
Average headcount (FTE)90878.39.8▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €179k ▲486%
Operating result €224k, net result €179k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-288k ▼650%
Net result drops to €-288k, the lowest in the series; recovery starts the following year.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Registered office, Zulte · 1 establishment unit since 1995
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.
Oude Waalstraat 2929870 ZulteGround area
3,690 m²
Building footprint
379 m²
Volume, LiDAR
2,310 m³
Parcel 44081C0474/00B000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KRUISKIP BVBA
since 19952.072.507.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0474/00B000 | Flanders | 3,690 m² | 1 · 379 m² | 6.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 16,960 EUR awarded · 16,808 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,212 EUR | 1,060 EUR |
| 2024 | 1 | 637 EUR | 637 EUR |
| 2023 | 2 | 6,585 EUR | 6,585 EUR |
| 2022 | 1 | 8,526 EUR | 8,526 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZulte2.072.507.641
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FOB
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SCHOBBEJAKS HOOGTE
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EUROPE HUNTING
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Koekelare · Eq €623k
Of 129 companies in sector 01479 we hold annual accounts for 46. 36 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-1995
Fiscal year end30-09
Activities, NACEBEL
01243
01479Crop and animal production, hunting and related service activities
49410Freight transport by road
46900Non-specialised wholesale trade
47789Other retail sale of new goods
51900
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.