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 directorName after signing inVisible after signing in
Documentsfilings and deeds
14-03-2026226 days late
2024micro format
Gross margin from €87,222 to €49,476Result from €25,979 to €584Resignation: Hidden nameVisible after signing in (manager)29-01Debts from €34,764 to €81,056Investments €12,019
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448860669
Resignation: Name after signing inVisible after signing in (manager)
Reappointment: Name hiddenVisible after signing in (director) · Director discharge: Hidden nameVisible after signing in · 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
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.