Active BE 1011.835.605Private limited company

KRIGENNIC

Chemin du Saucy(FLG) 13 ·6210 Les Bons Villers, Belgium· 2 yrs active

Sector: Renting and operating of own or leased non-residential real estate, excluding land (68203)

Conclusion Checked

KRIGENNIC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506k and a net result of €-27k. Its solvency ranks better than 72% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€506k
Net result	€-27k
Better than sector	72%
Active	2 yrs

Financial profile 5 of 5 axes measured · computed by Checked

43 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 35

Profitability 0

Solvency 65

Growth 32

Stability 82

Bankruptcy probability (12 mo) Checked model v1 · free

0.9% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

35 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€18k

estimate, not credit advice

Score history

81 2024

35 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.22 (< 1.0) -10

Quick ratio Quick ratio 0.22 (< 0.6) -5

Leverage Debt/equity 0.66 (< 1.0) +10

Profitability Negatieve ROE -5% -10

Interest coverage Interest coverage 1.9× +3

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 05-08-2026 with the NBB · fiscal year 2025 · micro schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	60.4%	29.8%	better than 72% of 13655 sector peers
Net result	€-27k	€6k	better than 13% of 13656 sector peers
Equity	€506k	€78k	better than 84% of 13671 sector peers
Gross operating margin	€16k	€41k	better than 33% of 13639 sector peers
Total assets	€838k	€416k	better than 70% of 13659 sector peers

Revenue

€13k

- 24-25

EBITDA

€16k

+44.6% 24-25

Net profit

€-27k

-993.2% 24-25

Cash flow

€8k

-32.9% 24-25

Total assets

€838k

+56.6% 24-25

Equity

€506k

-5.1% 24-25

Working capital

€-29k

- 24-25

Debt

€332k

+21667.1% 24-25

Debt ≤ 1y

€36k

+2286.4% 24-25

Debt > 1y

€295k

- 24-25

Current ratio

0.22

-98.2% 24-25

Quick ratio

0.22

-98.2% 24-25

Solvency

60.4%

-39.4% 24-25

Debt / equity

0.66

+22843.3% 24-25

ROE

-5.4%

-1052.3% 24-25

ROA

-3.3%

-598.1% 24-25

Net margin

-20.0%

- 24-25

EBITDA margin

91.0%

- 24-25

Interest coverage

1.86

-99.0% 24-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024
Deposit	micro schema	micro schema
Revenue	-	€13k
EBITDA	€16k	€11k
Net profit	€-27k	€-3k
Cash flow	€8k	€11k
Staff costs	-	-
Income taxes	-	-
Dividends	-	-
Total assets	€838k	€535k
Equity	€506k	€533k
Debt	€332k	€2k
of which ≤ 1y	€36k	€2k
of which > 1y	€295k	-
Working capital	€-29k	€16k
Employees (FTE)	-	-

Ratios (computed)

	2025	2024
Current ratio	0.22	11.65
Quick ratio	0.22	11.65
Working capital ratio	-3.4%	3.0%
Solvency	60.4%	99.7%
Debt / equity	0.66	0.00
Long-term debt ratio	0.58	-
Interest coverage	1.86	183.43
Gross margin	-	91.0%
Net margin	-	-20.0%
ROA	-3.3%	-0.5%
ROE	-5.4%	-0.5%
EBITDA margin	-	91.0%
Days sales outstanding	-	0d
Days payable outstanding	-	0d
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2025

Assets

Fixed assets €830k · 99.1% Current assets €8k · 0.9%

Equity & liabilities

Equity €506k · 60.4% Debt €332k · 39.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€838k	€535k
Fixed assets	21/28	€830k	€514k
Formation expenses	20	-	€3k
Tangible fixed assets	22/27	€830k	€514k
Current assets	29/58	€8k	€18k
Amounts receivable within one year	40/41	-	€0
Cash & bank	54/58	€8k	€18k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€838k	€535k
Equity	10/15	€506k	€533k
Contributions / capital	10/11	€536k	€536k
Accumulated profits (losses)	14	€-30k	€-3k
Amounts payable	17/49	€332k	€2k
Amounts payable after one year	17	€295k	-
Amounts payable within one year	42/48	€36k	€2k
Trade debts payable within one year	44	€182	€0
Income statement
Turnover	70	-	€13k
Gross operating margin	9900	€16k	€11k
Operating result	9901	€-18k	€-2k
Financial charges	65	€9k	€62
Result before taxes	9903	€-27k	€-3k
Net result for the period	9904	€-27k	€-3k
Result to be appropriated	9905	€-27k	€-3k

Legal Structure

NACE primary	Renting and operating of own or leased non-residential real estate, excluding land(68203)
Legal form	Private limited company(610)
Incorporation	23-07-2024
Status	Active
Postal code	6210

Updates 2 events

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 5 days late

2025

25-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 117 days late

NBB filing

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Renting and operating of own or leased non-residential real estate, excluding land68203Development of non-residential building projects68122Buying and selling of own real estate68110Real estate activities68204Other business support services82990

Names & trade names

Legal nameFR

KRIGENNIC

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