Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DECRAENE KRIS from Kortrijk, company number BE0471569854, closed financial year 2026 with a result of € 17,851 after tax. For that financial year DECRAENE KRIS recorded a gross margin of € 360,678 and equity of € 201,893. Compared with financial year 2025, the result moved from € 4,272 to € 17,851. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 201,893
▲ 10% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,851
▲ € 13,579 vs 2025
Profit after tax over the fiscal year.
€ 6,836
▼ 82% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 181,893.
People and assets in 2026
1.2
Average over the fiscal year, from the social balance sheet.
€ 29,584
▲ 7% vs 2025
€ 24,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 122,550
▲ 15% vs 2025
Of which on lease € 17,564.
Debts at end 2026
€ 1.2 million
▲ 5% vs 2025
€ 160,814 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 77,736
▲ 9% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 23,033
▲ 34% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 319,514 | € 347,373 | € 340,473 | € 360,678 | ▲ 6% |
| Profit after taxes | € 68,656 | € 8,485 | € 4,272 | € 17,851 | ▲ € 13,579 |
| Equity | € 171,284 | € 179,770 | € 184,042 | € 201,893 | ▲ 10% |
| Total debts | € 1,779,269 | € 1,539,058 | € 1,652,574 | € 1,654,138 | |
| Cash | € 6,040 | € 691 | € 38,435 | € 6,836 | ▼ 82% |
| Land & buildings | € 447,575 | € 402,634 | € 365,355 | € 347,821 | ▼ 5% |
| Retained profit | € 151,284 | € 159,770 | € 164,042 | € 181,893 | ▲ 11% |
| Bank debt | € 996,425 | € 847,668 | € 1,174,469 | € 1,235,604 | ▲ 5% |
| Balance sheet total | € 1,950,554 | € 1,718,828 | € 1,836,616 | € 1,856,031 | ▲ 1% |
| Employees (FTE) | 1.1 | 1.2 | 1.2 | 1.2 |
Key figures of DECRAENE KRIS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DECRAENE KRIS?
What happened at DECRAENE KRIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 17,851 (▲ € 13,579 vs 2025). Source: NBB ↗
- New establishment in Mouscron. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,656 profit in 2023 to € 17,851 profit in 2026.
Paid € 12,527 in corporate taxes since 2023.
Best year ever: 2023, with € 68,656 profit.
On average € 300,600 of value added per employee in 2026.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DECRAENE KRIS are Kris Decraene and Inge Niess. It owns 51.4% of Vensol itself.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Doorniksewijk(Kor) 45 box 13
8500 Kortrijk
President Kennedylaan(Kor) 11
8500 Kortrijk
Active since 19 May 2000
Royennestraat 45
7700 Mouscron
Active since 17 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.569.854
- VAT number
- BE 0471.569.854
- Registered office
- Doorniksewijk(Kor) 45 bus 13, 8500 Kortrijk
- Names & denominations
- DECRAENE KRIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2000
- Peppol
- Active · Active since 6 Mar 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Managementactiviteiten van holdings
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
Handelsbemiddeling in goederen, algemeen assortiment
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