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Krulsnor

Active Private limited companyfounded 1992active for 33 yearsKoutermolenstraat 68, 8610 KortemarkKBO/BCE: BE 0448.860.669

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1993
peak €87,222 (2023)
€49,476▼ 43.3%
lowest -€18,039 (2010)
€584▼ 97.8%
peak €118,058 (2024)
€118,058▲ 0.5%
€81,056▲ 133%
Board2 names since 2019
1 director
Documentsfilings and deeds
14-03-2026226 days late
2024micro format
Gross margin from €87,222 to €49,476Result from €25,979 to €584Resignation: (manager) 29-01Debts from €34,764 to €81,056Investments €12,019

Key points

from the 2024 annual accounts

Equity

€118,058 ▲ 0.5%

Krulsnor has made a profit without a break since 2019.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Filings

32 annual accounts 105 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as Krulsnor has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 17,044 companies, not a prediction for Krulsnor. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448860669
Resignation: (manager) Reappointment: (director) · Director discharge: · General meeting of 28-12-2023 · Gazette deed
Company renamed from CREVITS MICHEL EN DANNY to Krulsnor Registered office moved from Torhout to Kortemark · New registered office: Koutermolenstraat 68, 8610 Kortemark · Previous registered office: Consciencestraat 4, 8820 Torhout · General meeting of 19-02-2019 · Gazette deed
First establishment Koutermolenstraat 68, Kortemark
All 46 events

Comparable companies

same main activity, similar in size and age
Company
Krulsnor Kortemark €199,113 €49,476 59.3% -
Bastjon Kortrijk €215,592 €59,227 -8.7% -
MEEZE BOSSAER Bredene €162,479 €37,148 77.3% -
ENTREPRISE SENTERRE Braine-l'Alleud €234,992 €51,662 64.7% -
Zunihi Berchem-Sainte-Agathe €228,537 €36,564 -18.1% -
LEGRAND Q.C.M. Andenne €185,755 €33,216 57.9% -
IMPACT CONSULTING Hasselt €160,630 €45,034 -141.6% -

These companies have the same main activity as Krulsnor: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €161,000 and €235,000, founded between 1988 and 1993.

Official details

Source: KBO
Status
Active since 15-12-1992Normal situation
Activity
Development of residential building projectsNACE 68121and 5 others
Establishment unit
2.060.420.4518610 Kortemark, since 21-01-1993
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2024

€199,113▲ 30.8%
Filing
Filed on 14-03-2026
Financials

Insights on Krulsnor

Krulsnor files the micro format. That format states no turnover. The gross margin rose from €26,291 in 2006 to €49,476 in 2024.

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 Krulsnor

What is the company number of Krulsnor?
The company number of Krulsnor is 0448.860.669. The VAT number is the same number with BE in front: BE 0448.860.669.
Where is Krulsnor based?
The registered office is at Koutermolenstraat 68, 8610 Kortemark.Company details
What does Krulsnor do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Krulsnor?
Krulsnor is a private limited company (BV).
When was Krulsnor founded?
Krulsnor was founded on 15-12-1992.
Is Krulsnor still active?
Yes, Krulsnor is an active enterprise in the KBO register.
How many employees does Krulsnor have?
Krulsnor had an average of 1.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of Krulsnor?
The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €49,476 and 32 comparable companies (NACE 681). It probably lies between €74,000 and €280,000. In financial year 2018 turnover was €4,132.
Is Krulsnor profitable?
In financial year 2024, Krulsnor made a profit of €584.
Where can I find the annual accounts of Krulsnor?
Krulsnor filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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