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 52 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
KRIGARE from Herve, company number BE0723727490, closed financial year 2024 with a result of € 164,413 after tax. For that financial year KRIGARE recorded a gross margin of € 299,115 and equity of € 169,413. Compared with financial year 2023, the result moved from € 73,391 to € 164,413. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2025.
€ 169,413
▲ € 149,413 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,413
▲ 124% vs 2023
Profit after tax over the fiscal year.
€ 60,485
▼ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
9 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 196,728
▲ 92% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 175,522
▲ 98% vs 2023
€ 46,044 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 38,574
▼ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 156,290
▲ € 122,875 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 4,258 | € 138,680 | € 140,427 | € 299,115 | ▲ 113% |
| Profit after taxes | € -15,434 | € 79,794 | € 73,391 | € 164,413 | ▲ 124% |
| Equity | € 64,866 | € 20,159 | € 20,000 | € 169,413 | ▲ € 149,413 |
| Total debts | € 147,954 | € 298,293 | € 363,315 | € 450,113 | ▲ 24% |
| Cash | € 64,491 | € 52,589 | € 136,577 | € 60,485 | ▼ 56% |
| Retained profit | € 44,866 | € 159 | € 0 | € 164,413 | |
| Dividend | € 0 | € 124,500 | € 73,550 | € 15,000 | ▼ 80% |
| Bank debt | € 0 | € 109,000 | € 88,855 | € 175,522 | ▲ 98% |
| Balance sheet total | € 212,819 | € 318,453 | € 383,315 | € 619,525 | ▲ 62% |
Key figures of KRIGARE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KRIGARE?
What happened at KRIGARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 164,413 (▲ 124% vs 2023). filed late Source: NBB ↗
- New establishment in Büllingen. KBO
- New establishment in Herve. KBO
- Stéphane RADERMECKER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,434 loss in 2021 to € 164,413 profit in 2024.
Paid € 128,179 in corporate taxes since 2021.
Best year ever: 2024, with € 164,413 profit.
Paid out € 213,050 in dividends to the owners in total.
Management
Behind KRIGARE is Stéphane RADERMECKER. Stéphane RADERMECKER is also behind SA RADERMECKER, R-PACK TRADING and RAD-PACK SERVICES.
Directors
According to the 2024 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Rue des Gaillettes 2
4651 Herve
Krinkelt,Enkelberger Mühle 20
4761 Büllingen
Active since 1 August 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.727.490
- VAT number
- BE 0723.727.490
- Registered office
- Rue des Gaillettes 2, 4651 Herve
- Names & denominations
- KRIGARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2019
- Peppol
- Not registered
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