SRKN
ActiveSummary
The computed 12-month bankruptcy probability of SRKN is 2.0% (moderate). The 2024 annual accounts show equity of €56k and a net result of €15k. Equity is growing by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 2437 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+25
Solvency85▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 3.17 in 2023; short-term debt: 31.4% of total assets), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
60.2%
Return on assets
15.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
5 d early
2023
16 d early
2022
34 d early
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 35.6%
2023 · €42k
2021: €21k
2022: €38k
2023: €42k
2021 → 2024
Total assets
€94k▲ 13.9%
2023 · €82k
2021: €32k
2022: €49k
2023: €82k
2021 → 2024
Net result
€15k▲ 269%
2023 · €4k
2021: €16k
2022: €17k
2023: €4k
2021 → 2024
Working capital
€50k▲ 15.4%
2023 · €43k
2021: €10k
2022: €28k
2023: €43k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€21k-€38k▲ 80.3%€42k▲ 10.7%€56k▲ 35.6%
Operating result€20k-€21k▲ 6.0%€6k▼ 70.7%€20k▲ 214%
Net result€16k-€17k▲ 5.6%€4k▼ 76.0%€15k▲ 269%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 214% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94k
Fixed assets
€15k ▼ 24.7%
Current assets
€79k ▲ 25.7%
Equity and liabilities €94k
Equity
€56k ▲ 35.6%
Debt
€37k ▼ 8.4%
Debt's share of the balance-sheet total falls from 49.4% to 39.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2023 · €10k
Cash flow
€20k▲
2023 · €7k
Current ratio
2.69▼
2023 · 3.17
Debt to equity
0.66▼
2023 · 0.98
ROE
26.2%▲
2023 · 9.6%
ROA
15.8%▲
2023 · 4.9%
Interest coverage
9.12▲
2023 · 4.74
Debt ≤ 1 year
€29k▲
2023 · €20k
Debt > 1 year
€8k▼
2023 · €14k
Income taxes
€5k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€82k€94k▲
Fixed assets21/28€19k€15k▼
Tangible fixed assets22/27€19k€15k▼
Plant, machinery and equipment23€1k€665▼
Furniture and vehicles24€18k€14k▼
Current assets29/58€63k€79k▲
Amounts receivable within one year40/41€59k€76k▲
Trade receivables40€8k€13k▲
Other amounts receivable41€51k€62k▲
Cash at bank and in hand54/58€1-
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€82k€94k▲
Equity10/15€42k€56k▲
Contributions10/11€5k€5k=
Reserves13€37k€51k▲
Distributable reserves133€37k€51k▲
Amounts payable17/49€41k€37k▼
Amounts payable after more than one year17€14k€8k▼
Financial debts170/4€14k€8k▼
Amounts payable within one year42/48€20k€29k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43-€127
Credit institutions430/8-€127
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Remuneration and social security454/9€13-
Accrued charges and deferred income492/3€7k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€474-
Non-recurring operating charges66A€18k-
Gross operating margin9900€28k€25k▼
Operating profit (loss)9901€6k€20k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€6k€20k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€4k€15k▲
Profit (loss) for the period to be appropriated9905€4k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€15k▲
Transfer to equity691/2€4k€15k▲
To other reserves6921€4k€15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €4k ▼76%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €17k ▲5.6%
Operating result €21k, net result €17k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Leopoldsburg · 1 establishment unit since 2021
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.
Wielerbaanstraat 223970 LeopoldsburgGround area
465 m²
Building footprint
124 m²
Volume, LiDAR
771 m³
Parcel 71034A1782/00A000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SRKN
since 20212.312.995.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A1782/00A000 | Flanders | 465 m² | 1 · 124 m² | 10.1 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.
Similar companies · same sector, comparable size
HURRICANE
BE 0457.966.791
Antwerpen · Eq €56,410
BFix
BE 0778.789.739
Liedekerke · Eq €56,192
Ferronnerie GRAVITZ
BE 0471.538.675
Kapelle-op-den-Bos · Eq €56,525
Semaesse Las en mechanisatiebedrijf
BE 1017.457.942
Aalter · Eq €56,082
FUTURIUM
BE 0723.629.502
Bertrix · Eq €55,839
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,454 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.