KR GROUP
Open bankruptcyA bankruptcy procedure is open for KR GROUP according to publications in the Belgian State Gazette; curator: BERNARD POPYN.
Summary
The 2022 annual accounts show equity of €25k and a net result of €12k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-07-2023, 24 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
24 d early
2021
47 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▼ 80.3%
2021 · €60k
2021: €60k
2021 → 2022
Working capital
€65k▲ 408%
2021 · €13k
2021: €13k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€13k-€25k▲ 92.7%
Operating result€63k-€17k▼ 73.5%
Net result€60k-€12k▼ 80.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 73% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €141k
Fixed assets
€19k ▼ 25.0%
Current assets
€122k ▲ 201%
Equity and liabilities €141k
Equity
€25k ▲ 92.7%
Debt
€116k ▲ 121%
Debt's share of the balance-sheet total rises from 80.4% to 82.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2021 · €69k
Cash flow
€18k▼
2021 · €67k
Current ratio
2.14▲
2021 · 1.46
Debt to equity
4.70▲
2021 · 4.10
ROE
48.1%▼
2021 · 470.3%
ROA
8.4%▼
2021 · 92.2%
Interest coverage
66.25▼
2021 · 1095.65
Debt ≤ 1 year
€57k▲
2021 · €28k
Debt > 1 year
€59k▲
2021 · €25k
Income taxes
€4k▲
2021 · €3k
Staff costs
€10k
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 · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€65k€141k▲
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€25k€19k▼
Furniture and vehicles24€25k€19k▼
Current assets29/58€41k€122k▲
Amounts receivable within one year40/41€6k€66k▲
Trade receivables40€6k€51k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€29k€56k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€65k€141k▲
Equity10/15€13k€25k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€10k€22k▲
Amounts payable17/49€53k€116k▲
Amounts payable after more than one year17€25k€59k▲
Financial debts170/4€25k€59k▲
Amounts payable within one year42/48€28k€57k▲
Current portion of amounts payable after more than one year42€6k€22k▲
Financial debts43€4k-
Other loans439€4k-
Trade debts44€11k€28k▲
Suppliers440/4€11k€28k▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9€379-
Other amounts payable47/48€4k-
Income statement
Code20212022
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€71k€35k▼
Operating profit (loss)9901€63k€17k▼
Financial charges65/66B€63€346▲
Recurring financial charges65€63€346▲
Profit (loss) for the period before taxes9903€63k€16k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€60k€12k▼
Profit (loss) for the period to be appropriated9905€60k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€22k▼
Profit (loss) brought forward from the previous period14P-€10k
Profit to be distributed694/7€50k-
Directors or managers695€50k-
Social balance
Average headcount (FTE)9087-0.3
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
23-04
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · KR GROUP SRL RUE GEORGES CORDIER 277, 7300 BOUSSU · event 15-04-2024
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 47 days late
SignalNBB filing
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, Boussu · 1 establishment unit since 2020
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.
Rue Georges Cordier(B) 2777300 BoussuGround area
320 m²
Building footprint
42 m²
Volume, LiDAR
351 m³
Parcel 53014B0714/00Y003, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KR GROUP
since 20202.304.224.409
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53014B0714/00Y003 | Wallonia | 320 m² | 1 · 42 m² | 10.3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERNARD POPYN RUE DE LA GRANDE TRIPERIE, 15,
7000 MONS- .
Date provisoire de cessation de paiement : 15/04/2024 |
15-04-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.