KRIKO
ActiveThe computed 12-month bankruptcy probability of KRIKO is 1.5% (moderate). The 2024 annual accounts show equity of €116k and a net result of €10k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 18939 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+13
Solvency65▲+8
Growth35=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.38 in 2023; short-term debt: 34.4% and cash: 42.1% of total assets), but 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
39.9%
Return on assets
3.4%
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 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
41 d early
2022
5 d early
2021
31 d late
2020
65 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€264k▼ 31.5%
2019 · €385k
2018: €378k
2019: €385k
2018 → 2020
EBIT margin
1.7%▼ 9.7pp
2019 · 11.4%
2018: 8.7%
2019: 11.4%
2018 → 2020
Net result
€10k
2023 · €-1k
2018: €37k
2019: €26k
2020: €23k
2021: €34k
2022: €6k
2023: €-1k
2018 → 2024
Working capital
€59k▲ 10.9%
2023 · €53k
2018: €-81k
2019: €-52k
2020: €45k
2021: €65k
2022: €74k
2023: €53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€264k-
Equity€66k-€101k▲ 51.6%€107k▲ 6.1%€106k▼ 1.0%€116k▲ 9.4%
Operating result€4k-€36k▲ 735%€10k▼ 71.4%€1k▼ 88.9%€17k▲ 1,343%
Net result€23k-€34k▲ 49.5%€6k▼ 82.2%€-1k€10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,343% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290k
Fixed assets
€131k▼ 3.5%
Current assets
€159k▼ 18.3%
Equity and liabilities €290k
Equity
€116k▲ 9.4%
Debt
€174k▼ 22.4%
The debt ratio falls from 68.0% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2023 · €12k
Cash flow
€28k▲
2023 · €10k
Solvency
39.9%▲
2023 · 32.0%
Current ratio
1.59▲
2023 · 1.38
Quick ratio
1.51▲
2023 · 1.30
Debt / equity
1.51▼
2023 · 2.12
ROE
8.6%▲
2023 · -1.0%
ROA
3.4%▲
2023 · -0.3%
Interest coverage
9.48▲
2023 · 4.96
Debt
€174k▼
2023 · €224k
Debt ≤ 1 year
€100k▼
2023 · €141k
Debt > 1 year
€73k▼
2023 · €82k
Income taxes
€4k▲
2023 · €0
Staff costs
€85k▲
2023 · €80k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€330k€290k▼
Fixed assets21/28€136k€131k▼
Tangible fixed assets22/27€135k€130k▼
Land and buildings22€110k€112k▲
Plant, machinery and equipment23€23k€16k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€897€897=
Current assets29/58€194k€159k▼
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€62k€26k▼
Trade receivables40€56k€24k▼
Other amounts receivable41€7k€2k▼
Current investments50/53€50k-
Cash at bank and in hand54/58€69k€122k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€330k€290k▼
Equity10/15€106k€116k▲
Contributions10/11€6k€6k=
Reserves13€85k€95k▲
Tax-exempt reserves132€79k€79k=
Distributable reserves133€6k€16k▲
Profit (loss) carried forward14€15k€15k=
Amounts payable17/49€224k€174k▼
Amounts payable after more than one year17€82k€73k▼
Financial debts170/4€82k€73k▼
Amounts payable within one year42/48€141k€100k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€88k€44k▼
Suppliers440/4€88k€44k▼
Taxes, remuneration and social security45€14k€26k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€11k€20k▲
Other amounts payable47/48€30k€21k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€80k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€18k▲
Other operating charges640/8€821€3k▲
Non-recurring operating charges66A-€582
Gross operating margin9900€93k€123k▲
Operating profit (loss)9901€1k€17k▲
Financial income75/76B€183€1k▲
Recurring financial income75€183€1k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-1k€14k▲
Income taxes67/77€0€4k▲
Profit (loss) for the period9904€-1k€10k▲
Profit (loss) for the period to be appropriated9905€-1k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€25k▲
Profit (loss) brought forward from the previous period14P€16k€15k▼
Transfer to equity691/2-€10k
To other reserves6921-€10k
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
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-1k ▼118%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €101k ▲51.6%
4 profitable years in a row build equity to €101k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 3.01
Current ratio from 0.61 to 3.01; short-term debt falls from €132k to €22k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Dendermonde · 1 establishment unit since 2009
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.
Mechelsesteenweg 2289200 DendermondeGround area
1,640 m²
Building footprint
272 m²
Volume, LiDAR
1,193 m³
Parcel 42006E0146/00A002, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 228, 9200 Dendermonde
since 20092.178.177.362
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006E0146/00A002 | Flanders | 1,640 m² | 1 · 272 m² | 8.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.178.177.362
Dual-learning approval
5 live approvals · 2 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
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FLANDERS CITY INVEST
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MARCUS
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,579 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2009
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kriko1@telenet.be
Phone:052/203871