Bankrupt · Opening faillissement (CBE)

KREBO

BE0863595948

Rechtspersoon Private limited company 1 establishment

KREBO is a specialised building contractor in Westerlo. Private Limited, started on 23 February 2004, 1 establishment.

Ambachtenstraat 5 box unit 207, 2260 Westerlo

Behind the company: Toon KREKELS, Stijn KREKELS.

Start date

23 February 2004

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

KREBO from Westerlo, company number BE0863595948, closed financial year 2024 with a result of € -48,796 after tax. For that financial year KREBO recorded a gross margin of € 229,699 and equity of € 10,531. Compared with financial year 2023, the result moved from € 13,619 to € -48,796. The company made a loss. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.

What it is worth Shrank hard

€ 10,531

▼ 82% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -48,796

▼ still € 13,619 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 32,208

▼ 31% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -8,069.

People and assets in 2024

Full-time equivalents

4.3

▼ 1.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 162,582

▼ 26% vs 2023

€ 37,800 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.

Vehicles and equipment

€ 60,299

▲ 17% vs 2023

Of which on lease € 27,986.

Debts at end 2024

Bank debt ≈ 5 years to go

€ 73,169

▼ 19% vs 2023

€ 5,908 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 110,593

▲ 80% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,386

▼ 81% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 428,295 € 330,623 € 294,684 € 229,699 ▼ 22%
Profit after taxes € 83,452 € -5,599 € 13,619 € -48,796 ▼ € 62,415
Equity € 66,307 € 60,707 € 59,326 € 10,531 ▼ 82%
Total debts € 652,772 € 285,763 € 220,989 € 191,148 ▼ 14%
Cash € 62,912 € 34,406 € 46,532 € 32,208 ▼ 31%
Retained profit € 47,707 € 42,107 € 40,726 € -8,069 ▼ € 48,796
Dividend € 72,000 € 0 € 15,000 € 0 ▼ 100%
Bank debt € 257,133 € 204,486 € 90,265 € 73,169 ▼ 19%
Balance sheet total € 719,078 € 346,470 € 280,316 € 201,679 ▼ 28%
Employees (FTE) 5.4 5.5 5.5 4.3 ▼ 1.2

Key figures of KREBO, 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 KREBO?

What happened at KREBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

KREBO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 48,796 (▼ € 62,415 vs 2023). Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Geel. KBO

In short

From € 83,452 profit in 2021 to € 48,796 loss in 2024.

Paid € 16,235 in corporate taxes since 2021.

Best year ever: 2021, with € 83,452 profit.

On average € 53,400 of value added per employee in 2024.

Management

Toon KREKELS Stijn KREKELS
KREBO

Behind KREBO are Toon KREKELS and Stijn KREKELS.

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Directors

According to the 2024 annual accounts

Toon KREKELS

Director

Stijn KREKELS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtenstraat 5 box unit 207

2260 Westerlo

2.135.771.437

Eindhoutseweg 55

2440 Geel

Active since 6 February 2004

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0863.595.948
VAT number
BE 0863.595.948
Registered office
Ambachtenstraat 5 bus unit 207, 2260 Westerlo
Names & denominations
KREBO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 February 2004
Peppol
Not registered
Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Stukadoorswerk

Schilderen van gebouwen

Schilderen

Plaatsen van behang

Frequently asked questions

What does KREBO do?
KREBO is a specialised building contractor in Westerlo. Private Limited, started on 23 February 2004, 1 establishment.
What is the address of KREBO?
The registered office of KREBO is located at Ambachtenstraat 5 box unit 207, 2260 Westerlo.
Is KREBO still active?
No. The CBE lists KREBO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is KREBO registered on Peppol?
No, KREBO is currently not registered on the Peppol network.
What is the enterprise number of KREBO?
The enterprise number of KREBO is BE0863595948.
When was KREBO founded?
KREBO was founded on 23 February 2004.