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Complete company report
Generated 13-08-2026
Active BE 0450.994.768Limited partnership

KRYPTON-BIS

Vliegveld 25 ·8560 Wevelgem, Belgium· 32 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of KRYPTON-BIS is 0.8% (low). The 2021 annual accounts show negative equity (€-30k) and a net result of €-92k. Equity is shrinking by ~6.1% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-30k
Net result €-92k
Active 32 yrs
Locations 1
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health17Profitability100Solvency0Growth32Stability100
50 / 100

Mixed profile: strong on profitability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 17
Profitability 100
Solvency 0
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.8% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Lower-risk legal form −No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1993, 32 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 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.
Health barometer FY 2021 · computed
17 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 16-03-2022 with the NBB · fiscal year 2021 · verkort
€-100k€-75k€-50k€-25k€0Operating result 2018: €4k€4kNet result 2018: €-87k€-87kOperating result 2019: €-406€-406Net result 2019: €-88k€-88kOperating result 2020: €-4k€-4kNet result 2020: €-92k€-92kOperating result 2021: €27€27Net result 2021: €-92k€-92k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~6.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-40k€-35k€-30k€-25k2022: €-32k (€-34k - €-29k)2023: €-33k (€-36k - €-31k)2024: €-35k (€-38k - €-32k)2018: €-25k2019: €-26k2020: €-30k2021: €-30k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€5k
+432.7% 18-21
Net profit
€-92k
-0.1% 18-21
Cash flow
€-87k
+0.1% 18-21
Total assets
€131k
-4.6% 18-21
Equity
€-30k
-0.2% 18-21
Working capital
€-120k
-3.9% 18-21
Income taxes
€0
- 18-21
Dividends
€0
- 18-21
Debt
€160k
-3.8% 18-21
Debt ≤ 1y
€160k
-3.8% 18-21
Current ratio
0.25
-17.8% 18-21
Quick ratio
0.25
-17.8% 18-21
Solvency
-22.6%
-5.0% 18-21
ROE
309.4%
-0.1% 18-21
ROA
-70.0%
-4.9% 18-21
Figures by fiscal year
Fiscal year2021
Depositverkort
Revenue-
EBITDA€5k
Net profit€-92k
Cash flow€-87k
Staff costs-
Income taxes-
Dividends-
Total assets€131k
Equity€-30k
Debt€160k
of which ≤ 1y€160k
of which > 1y-
Working capital€-120k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.25
Quick ratio0.25
Working capital ratio-91.4%
Solvency-22.6%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-70.0%
ROE309.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€131k
Fixed assets 21/28€90k
Tangible fixed assets 22/27€90k
Current assets 29/58€41k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€37k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€131k
Equity 10/15€-30k
Contributions / capital 10/11€62k
Accumulated profits (losses) 14€-92k
Amounts payable 17/49€160k
Amounts payable within one year 42/48€160k
Trade debts payable within one year 44€799
Income statement
Gross operating margin 9900€10k
Operating result 9901€27
Financial charges 65€79
Result before taxes 9903€-52
Net result for the period 9904€-52
Result to be appropriated 9905€-52
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Limited partnership(612)
Incorporation24-09-1993
StatusActive
Postal code8560
Establishment units 1 location
Vliegveld 25, 8560 Wevelgem
Overige financiële instellingen, n.e.g.
since 19932.064.160.988
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34302B0875/00B009 Flanders 1.2 ha 1 · 1,857 m² 10.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
09-05-2022
State Gazette act Capital & shares
Philippe DEFAUW
16-03-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
25-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
01-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
29-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
15-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
15-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
29-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
30-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
Belgisch Staatsblad, acts 1 acts
Capital history · 1
09-05-2022
Capital change
All acts · 1 updated 4 years ago
2022
09-05-2022 Capital increase of €460,000 to €522,000 Capital & shares·Philippe DEFAUW
  • €62.000 → €522.000
  • Inbreng in geld · Apport en numéraire
Notary: Philippe DEFAUW · KortrijkFirm: DEFAUW & PARK geassocieerde notarissen
Technical details 
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  "bedrijfsrevisor": {
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    "firm_kbo": "0831.191.515",
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL KRYPTON-BIS
Registered office
Vliegveld 25
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative