Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KRENCO from Beernem, company number BE0758380543, closed financial year 2025 with a result of € 93,596 after tax. For that financial year KRENCO recorded a gross margin of € 217,449 and equity of € 1,506. Compared with financial year 2024, the result moved from € 83,633 to € 93,596. Profitable, and profit is growing. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.
€ 1,506
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,596
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 150,568
▲ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 254,706 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 111,711
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 105,067
▼ 21% vs 2024
€ 28,754 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,245
▲ 245% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,164
▲ € 41,055 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,619 | € 120,680 | € 181,786 | € 217,449 | ▲ 20% |
| Profit after taxes | € 68,368 | € 70,082 | € 83,633 | € 93,596 | ▲ 12% |
| Equity | € 103,018 | € 173,101 | € 162,616 | € 1,506 | ▼ 99% |
| Total debts | € 193,178 | € 155,413 | € 237,154 | € 394,763 | ▲ 66% |
| Cash | € 187,688 | € 154,132 | € 75,801 | € 150,568 | ▲ 99% |
| Retained profit | € 102,018 | € 172,101 | € 161,616 | € 506 | ▼ € 161,110 |
| Dividend | € 800 | € 0 | € 94,118 | € 254,706 | ▲ 171% |
| Bank debt | € 0 | € 0 | € 132,720 | € 105,067 | ▼ 21% |
| Balance sheet total | € 296,197 | € 328,514 | € 399,770 | € 396,269 | ▼ 1% |
Key figures of KRENCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KRENCO?
What happened at KRENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93,596 (▲ 12% vs 2024). Source: NBB ↗
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
- Kristof Kerkhove became a director. NBB
In short
From € 68,368 profit in 2022 to € 93,596 profit in 2025.
Paid € 89,975 in corporate taxes since 2022.
Best year ever: 2025, with € 93,596 profit.
Paid out € 349,624 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Kristof Kerkhove
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Tarwestraat 65 box 102
8730 Beernem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.380.543
- VAT number
- BE 0758.380.543
- Registered office
- Tarwestraat 65 bus 102, 8730 Beernem
- Names & denominations
- KRENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2020
- Peppol
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