K.R.I.S.
ActiveSummary
The annual accounts of K.R.I.S. for fiscal year 2024 show a net loss of 97% of the equity at the start of that year. The 2024 annual accounts show equity of €878 and a net result of €-26k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 26043 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability4▼-22
Solvency25▼-12
Growth26▼-17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.12 against 0.38 in 2023; short-term debt: 44.3% and cash: 2.3% of total assets), and 99.6% 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+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 47
Relative position
BE, all sectors
reference
Sector 47
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
0.4%
Return on assets
-12.2%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-26k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 23%
← weakest
strongest →
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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
1 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€267k▼ 6.2%
2020 · €285k
2020: €285k
2020 → 2021
EBIT margin
2.4%▼ 0.7pp
2020 · 3.2%
2020: 3.2%
2020 → 2021
Net result
€-26k▼ 584%
2023 · €-4k
2018: €-7k
2019: €-10k
2020: €6k
2021: €2k
2022: €-5k
2023: €-4k
2018 → 2024
Working capital
€-84k▼ 85.7%
2023 · €-45k
2018: €-4k
2019: €-23k
2020: €-17k
2021: €-20k
2022: €-41k
2023: €-45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€285k-€267k▼ 6.2%
Equity€34k-€36k▲ 7.2%€31k▼ 14.5%€27k▼ 12.4%€878▼ 96.8%
Operating result€9k-€7k▼ 27.2%€-3k€26k€-19k
Net result€6k-€2k▼ 57.6%€-5k€-4k▲ 27.1%€-26k▼ 584%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €19k after €26k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €216k
Fixed assets
€204k ▼ 1.2%
Current assets
€12k ▼ 57.5%
Equity and liabilities €216k
Equity
€878 ▼ 96.8%
Debt
€215k ▲ 3.8%
Debt's share of the balance-sheet total rises from 88.4% to 99.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2023 · €32k
Cash flow
€-19k▼
2023 · €3k
Current ratio
0.12▼
2023 · 0.38
Quick ratio
0.09▼
2023 · 0.27
ROA
-12.2%▼
2023 · -1.6%
Interest coverage
-2.12▼
2023 · 1.09
Debt ≤ 1 year
€96k▲
2023 · €73k
Debt > 1 year
€120k▼
2023 · €134k
Income taxes
€2k
Equity ratios withheld: equity of €878 is too small for a meaningful ratio.
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€235k€216k▼
Fixed assets21/28€207k€204k▼
Tangible fixed assets22/27€207k€204k▼
Land and buildings22€207k€204k▼
Plant, machinery and equipment23-€0
Financial fixed assets28€8€8=
Current assets29/58€28k€12k▼
Stocks and contracts in progress3€8k€3k▼
Stocks30/36€8k€3k▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€15k€5k▼
Deferred charges and accrued income490/1€214€652▲
Equity and liabilities
Total equity and liabilities10/49€235k€216k▼
Equity10/15€27k€878▼
Contributions10/11€6k€6k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-7k€-33k▼
Amounts payable17/49€208k€215k▲
Amounts payable after more than one year17€134k€120k▼
Financial debts170/4€134k€120k▼
Amounts payable within one year42/48€73k€96k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€30k€18k▼
Suppliers440/4€30k€18k▼
Taxes, remuneration and social security45€1k€475▼
Taxes450/3€1k€475▼
Other amounts payable47/48€28k€63k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€36k€-8k▼
Operating profit (loss)9901€26k€-19k▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€30k€5k▼
Recurring financial charges65€30k€5k▼
Profit (loss) for the period before taxes9903€-4k€-24k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€-4k€-26k▼
Profit (loss) for the period to be appropriated9905€-4k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-33k▼
Profit (loss) brought forward from the previous period14P€-3k€-7k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 184 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Diest · 1 establishment unit since 2001
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.
Felix Moonsstraat 193290 DiestGround area
147 m²
Building footprint
129 m²
Volume, LiDAR
1,000 m³
Parcel 24020A0909/00C000, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
K.R.I.S.
since 20012.186.192.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020A0909/00C000 | Flanders | 147 m² | 1 · 129 m² | 14.3 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiest2.186.192.631
Similar companies · same sector, comparable size
Barat Khan
BE 1003.899.619
Antwerpen · Eq €878
MUSTAFA WALI
BE 0788.988.892
Saint-Nicolas · Eq €884
EMEDOKAL DE JIRRAN
BE 0476.177.849
Sint-Gillis (bij-Brussel) · Eq €884
UNES
BE 0713.733.819
Vorst · Eq €869
VOLPIFACER
BE 0465.583.073
Cerfontaine · Eq €890
Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 701 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)
Founded19-07-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.