KRASNIQI MONTAGE

Active

Private limited companyfounded 20187 yrs activePlace Delvaux Raymond 9a, 6040 Charleroi, BelgiumKBO/BCE: BE 0711.719.385

Summary

The computed 12-month bankruptcy probability of KRASNIQI MONTAGE is 3.2% (moderate). The 2024 annual accounts show equity of €28k and a net result of €-24k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 41% of 36375 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

45 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability45▼-36

Solvency64=

Growth36▼-14

Track record100

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.5 against 1.55 in 2023; short-term debt: 61.2% and cash: 19.5% of total assets), and 61.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

38.8%

Return on assets

-34%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

59 d early

2023

40 d early

2022

34 d early

2021

33 d early

2020

38 d early

2019

31 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€350k▼ 1.8%

2023 · €356k

2019: €307k 2020: €327k 2021: €318k 2022: €407k 2023: €356k

2019 → 2024

EBIT margin

3.4%▼ 5.0pp

2023 · 8.4%

2019: 8.8% 2020: 11.8% 2021: 9.6% 2022: 15.3% 2023: 8.4%

2019 → 2024

Net result

€-24k

2023 · €24k

2019: €26k 2020: €32k 2021: €27k 2022: €51k 2023: €24k

2019 → 2024

Working capital

€22k▼ 50.4%

2023 · €44k

2019: €26k 2020: €55k 2021: €54k 2022: €54k 2023: €44k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€327k-€318k▼ 2.9%€407k▲ 28.0%€356k▼ 12.5%€350k▼ 1.8%

Equity€65k-€65k▼ 0.3%€66k▲ 1.5%€52k▼ 21.4%€28k▼ 46.7%

Operating result€39k-€30k▼ 21.3%€62k▲ 104%€30k▼ 51.9%€12k▼ 60.0%

Net result€32k-€27k▼ 15.5%€51k▲ 88.0%€24k▼ 53.6%€-24k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 60% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €71k

91.7%

Fixed assets €6k ▼ 27.8%

Current assets €65k ▼ 47.2%

Equity and liabilities €71k

38.8%

61.2%

Equity €28k ▼ 46.7%

Debt €43k ▼ 45.5%

Debt's share of the balance-sheet total rises from 60.7% to 61.2%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€16k▼

2023 · €36k

Cash flow

€-20k▼

2023 · €30k

Current ratio

1.50▼

2023 · 1.55

Debt to equity

1.58▲

2023 · 1.54

ROE

-87.6%▼

2023 · 46.2%

ROA

-34.0%▼

2023 · 18.2%

Interest coverage

5.78▼

2023 · 61.82

Debt ≤ 1 year

€43k▼

2023 · €80k

Income taxes

€34k▲

2023 · €7k

Staff costs

€215k▲

2023 · €199k

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 · 46 lines

Balance sheet Code20232024

Assets

Total assets20/58€132k€71k▼

Fixed assets21/28€8k€6k▼

Tangible fixed assets22/27€8k€6k▼

Plant, machinery and equipment23€8k€6k▼

Furniture and vehicles24€517€152▼

Financial fixed assets28€160€160=

Current assets29/58€123k€65k▼

Amounts receivable after more than one year29€19k€15k▼

Other amounts receivable291€19k€15k▼

Amounts receivable within one year40/41€82k€22k▼

Trade receivables40€35k€6k▼

Other amounts receivable41€47k€16k▼

Cash at bank and in hand54/58€5k€14k▲

Deferred charges and accrued income490/1€17k€14k▼

Equity and liabilities

Total equity and liabilities10/49€132k€71k▼

Equity10/15€52k€28k▼

Contributions10/11€19k€19k=

Profit (loss) carried forward14€33k€9k▼

Amounts payable17/49€80k€43k▼

Amounts payable within one year42/48€80k€43k▼

Trade debts44€15k€9k▼

Suppliers440/4€15k€9k▼

Taxes, remuneration and social security45€33k€33k▲

Taxes450/3€22k€19k▼

Remuneration and social security454/9€11k€14k▲

Other amounts payable47/48€32k€2k▼

Accrued charges and deferred income492/3€168-

Income statement Code20232024

Turnover70€356k€350k▼

Goods, raw materials, services and sundry goods60/61€120k€118k▼

Remuneration, social security and pensions62€199k€215k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼

Other operating charges640/8€732€387▼

Gross operating margin9900€236k€232k▼

Operating profit (loss)9901€30k€12k▼

Financial income75/76B€2k€625▼

Recurring financial income75€2k€625▼

Financial charges65/66B€587€3k▲

Recurring financial charges65€587€3k▲

Profit (loss) for the period before taxes9903€31k€10k▼

Income taxes67/77€7k€34k▲

Profit (loss) for the period9904€24k€-24k▼

Profit (loss) for the period to be appropriated9905€24k€-24k▼

Appropriation of the result

Profit (loss) to be appropriated9906€71k€9k▼

Profit (loss) brought forward from the previous period14P€47k€33k▼

Profit to be distributed694/7€38k-

Return on contributions (dividend)694€38k-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 3Gazette 1Filings 6

2026

02-09

State Gazette act Resignation: KRASNIQI Gentiana (manager)

Appointment: KRASNIQI Gentiana (non-statutory director) · Name change · Legal-form conversion11 facts ▸

General meeting, 26-08-2026
Name change, KRASNIQI MONTAGE
Legal-form conversion, Société à Responsabilité Limitée (SRL)
Purpose change, Extension de l'objet social incluant notamment : 43.99003 – Montage et démontage d’échafaudages et de plateformes de travail; 43.41001 – Montage de charpentes;…
Reserve release, 18600, Transfert du compte de capitaux propres statutairement indisponible vers le compte 110 « Apport disponible hors capital »
Capital, €18.600
Director resignation, KRASNIQI Gentiana (manager)
Director appointment, KRASNIQI Gentiana (non-statutory director)
Mandate compensation, KRASNIQI Gentiana
Statutes amendment
Power of attorney, KRASNIQI Gentiana

2025

02-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-24k ▼201%

Net result drops to €-24k, the lowest in the series.

21-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2019net €51k ▲88%

Operating result €62k, net result €51k, both a record.

28-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

23-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Liquidity doublescurrent ratio 4.58

Current ratio from 1.89 to 4.58; short-term debt falls from €30k to €15k.

30-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2026

KRASNIQI Gentiana

Non-statutory director · since 26-08-2026

Current

26-08-2026 Resigned as Manager

26-08-2026 Appointed as Non-statutory director

Location & real-estate footprint

Registered office, Charleroi · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Place Delvaux Raymond 9a6040 Charleroi

Ground area

196 m²

Building footprint

198 m²

Volume, LiDAR

1,128 m³

Parcel 52363E0112/00P000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Redi Rack

Place Delvaux Raymond 9a, 6040 CharleroiManufacture of metal structures and parts of structures

since 20182.281.745.549

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52363E0112/00P000	Wallonia	196 m²	1 · 198 m²	9.9 m · 2 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.

Structure & network

Capital and shareholders

Capital over the years

02-09-2026 Capital stated in the act · 18,600 EUR · 100 shares

Similar companies · same sector, comparable size

SOCIETE BELGE DE PLAFONNAGE

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,598 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

Founded15-10-2018

Fiscal year end31-12

Legal name FR REDI RACK

Activities, NACEBEL 2025

43320Joinery installation

43990Other specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.