'T KRAAINEST
ActiveSummary
'T KRAAINEST has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €7k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+30
Solvency67▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 0.96 in 2023; short-term debt: 34.6% and cash: 29.1% of total assets), and 58.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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
41.9%
Return on assets
11.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 24-12-2024 was due by 24-07-2025 and was filed on 12-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
35 d early
2022
27 d early
2021
41 d early
2020
33 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€25k=
2023 · €25k
2018: €46k
2019: €45k
2020: €54k
2021: €39k
2022: €33k
2023: €25k
2018 → 2024
Total assets
€60k▼ 4.6%
2023 · €62k
2018: €57k
2019: €56k
2020: €68k
2021: €82k
2022: €82k
2023: €62k
2018 → 2024
Net result
€7k
2023 · €-8k
2018: €17k
2019: €-1k
2020: €9k
2021: €14k
2022: €-6k
2023: €-8k
2018 → 2024
Working capital
€4k
2023 · €-597
2018: €27k
2019: €15k
2020: €27k
2021: €9k
2022: €4k
2023: €-597
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€39k▼ 27.4%€33k▼ 15.7%€25k▼ 24.2%€25k=
Operating result€11k-€19k▲ 77.2%€-2k€-8k▼ 231%€8k
Net result€9k-€14k▲ 49.1%€-6k€-8k▼ 30.1%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€35k ▼ 24.7%
Current assets
€24k ▲ 55.6%
Equity and liabilities €60k
Equity
€25k =
Debt
€35k ▼ 7.6%
Debt's share of the balance-sheet total falls from 60.0% to 58.1%. Debt is lower.
Key figures and ratios
EBITDA
€22k▲
2023 · €10k
Cash flow
€21k▲
2023 · €10k
Current ratio
1.18▲
2023 · 0.96
Quick ratio
1.03▲
2023 · 0.76
Debt to equity
1.38▼
2023 · 1.50
ROE
27.2%▲
2023 · -31.9%
ROA
11.4%▲
2023 · -12.8%
Interest coverage
18.09▲
2023 · 7.37
Debt ≤ 1 year
€21k▲
2023 · €16k
Debt > 1 year
€14k▼
2023 · €21k
Income taxes
€128▼
2023 · €132
Staff costs
€23k▲
2023 · €21k
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 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€60k▼
Fixed assets21/28€47k€35k▼
Tangible fixed assets22/27€46k€34k▼
Land and buildings22€941€523▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€38k€29k▼
Financial fixed assets28€707€707=
Current assets29/58€16k€24k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41-€372
Other amounts receivable41-€372
Cash at bank and in hand54/58€8k€17k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€62k€60k▼
Equity10/15€25k€25k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€37k€35k▼
Amounts payable after more than one year17€21k€14k▼
Financial debts170/4€21k€14k▼
Amounts payable within one year42/48€16k€21k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€2k€8k▲
Income statement
Code20232024
Non-recurring operating income76A€279-
Remuneration, social security and pensions62€21k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€14k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€34k€49k▲
Operating profit (loss)9901€-8k€8k▲
Financial income75/76B€1k€32▼
Recurring financial income75€1k€32▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-8k€7k▲
Income taxes67/77€132€128▼
Profit (loss) for the period9904€-8k€7k▲
Profit (loss) for the period to be appropriated9905€-8k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€11k▲
Profit (loss) brought forward from the previous period14P€13k€5k▼
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-08
State Gazette act
Registered office · Legal-form changeRegistered-office move2 facts ▸
State Gazette act
Registered office · Legal-form change
Registered-office move2 facts ▸
- General meeting, 17-08-2026
- Registered-office move, Albert I Laan 6 bus 0401-8620 Nieuwpoort
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Nieuwpoort · 1 establishment unit since 2002
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.
Albert I laan 68620 NieuwpoortGround area
5,350 m²
Building footprint
647 m²
Volume, LiDAR
3,321 m³
2 parcels, Flanders · tallest building 46.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Torrekensstraat 2, 1820 Steenokkerzeel
since 20022.101.511.334
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402E0169/00P002 | Flanders | 4,926 m² | 1 · 376 m² | 46.0 m · 1 fl. |
| 23081E0423/00C000 | Flanders | 423 m² | 1 · 271 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
TOQUE-ART
BE 0770.814.854
Sint-Lambrechts-Woluwe · Eq €25,000
DE BIERHOEVE
BE 0787.357.512
Arendonk · Eq €25,000
HEROFRE
BE 0475.204.582
Leuven · Eq €25,002
BIBLO
BE 0695.934.022
Kapellen · Eq €24,983
FUNKY
BE 0883.489.658
Antwerpen · Eq €24,980
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,198 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 (pre-2019)
Founded12-12-2001
Fiscal year end24-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.