ACTIVE

KRECO

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Financial year 2024 · closed on 31/12/2024

Net result

146,2 k €

+11961.8% YoY

Gross margin

509 k €

+146.8% YoY

Equity

683,5 k €

+27.2% YoY

Workforce

1,1 ETP

-15.4% YoY

What does KRECO do?

KRECO is a Public limited company incorporated in 1990. Its main activity is: Manufacture of other non-metallic mineral products n.e.c.. Its registered office is in Lanaken. It employs on average 1,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.441.447

Incorporation

09/11/1990

Legal form

Public limited company

Registered office

Heirbaan 65
3620 Lanaken · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2024

Average workforce

1,1 ETP

Activities (NACE)

23990Manufacture of other non-metallic mineral products n.e.c.· main 23990Manufacture of other non-metallic mineral products n.e.c.26820Manufacture of magnetic and optical media

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	509 k €	+147%	206,3 k €	-35.6%	320,2 k €	-16.5%	383,3 k €	+45.8%	262,9 k €	+26.7%	207,4 k €	-23.9%	272,6 k €	+32.6%	205,6 k €	+4987%	4 k €	+108%	-52,4 k €	-425%	-10 k €	-103%	328,2 k €	-16.4%	392,4 k €	+45.9%	268,8 k €	+103%	132,6 k €	+44.1%	92 k €	+14.9%	80,1 k €	-56.7%	185 k €	+81.8%	101,8 k €
EBITDA	417,1 k €	+520%	67,2 k €	-75.0%	268,9 k €	-19.7%	334,8 k €	+267%	91,2 k €	+36.7%	66,7 k €	-60.1%	167,1 k €	+125%	74,2 k €	+146%	30,2 k €	-29.0%	42,5 k €	+219%	-35,6 k €	-112%	284,9 k €	-34.3%	433,8 k €	+283%	113,4 k €	+52.2%	74,5 k €	+143%	30,7 k €	-4.7%	32,2 k €	-62.8%	86,7 k €	+2643%	3,2 k €
Operating result	187,7 k €	+19278%	-978,7 €	-100%	281,1 k €	+38.7%	202,8 k €	+201%	67,3 k €	+172%	24,8 k €	-81.2%	131,5 k €	+911%	13 k €	+233%	-9,8 k €	-172%	13,6 k €	+135%	-38,8 k €	-114%	282,2 k €	-34.6%	431,3 k €	+295%	109,2 k €	+64.3%	66,5 k €	+197%	22,3 k €	-22.8%	29 k €	-66.0%	85,1 k €	+6008%	1,4 k €
Net result	146,2 k €	+11962%	1,2 k €	-99.5%	251,6 k €	+59.3%	158 k €	+176%	57,3 k €	+158%	22,2 k €	-79.8%	110 k €	+1211%	8,4 k €	+135%	-24,2 k €	-2794%	899,5 €	+102%	-44 k €	-121%	211,2 k €	-30.1%	302 k €	+273%	81 k €	+29.6%	62,5 k €	+98.8%	31,4 k €	-22.3%	40,5 k €	-56.2%	92,4 k €	+246%	-63,2 k €
Balance sheet
Equity	683,5 k €	+27.2%	537,3 k €	+0.2%	536,1 k €	+88.4%	284,5 k €	+125%	126,6 k €	+82.7%	69,3 k €	-3.9%	72 k €	+71.2%	42,1 k €	+24.9%	33,7 k €	-41.8%	57,9 k €	+1.6%	57 k €	-43.6%	101,1 k €	+44.6%	69,9 k €	-5.5%	73,9 k €	+1.4%	72,9 k €	+3.5%	70,4 k €	+2.1%	69 k €	+0.7%	68,5 k €	+1245%	5,1 k €
Total assets	2,9 M €	-1.5%	3 M €	-13.0%	3,4 M €	+75.5%	2 M €	+34.3%	1,5 M €	+20.8%	1,2 M €	+7.2%	1,1 M €	+25.9%	895,3 k €	+14.5%	781,8 k €	+7.6%	726,6 k €	-26.0%	982,4 k €	-3.5%	1 M €	-3.4%	1,1 M €	+2.5%	1 M €	+45.6%	707,1 k €	+41.4%	500 k €	-18.5%	613,4 k €	-9.0%	674,3 k €	+69.2%	398,5 k €
Cash	152,6 k €	-10.7%	170,9 k €	-73.3%	640,2 k €	+885%	65 k €	-10.4%	72,6 k €	+122%	32,7 k €	-69.3%	106,4 k €	-85.3%	721,5 k €	+29.8%	555,8 k €	-6.9%	596,8 k €	-23.2%	777,1 k €	+4.2%	745,9 k €	-8.2%	812,4 k €	+24.8%	650,8 k €	+25.3%	519,5 k €	+91.5%	271,3 k €	+15.7%	234,5 k €	-12.1%	266,9 k €	+82.0%	146,6 k €
Debts	1,2 M €	-21.5%	1,5 M €	-20.7%	1,9 M €	+214%	613,3 k €	+79.3%	342 k €	+31.8%	259,5 k €	+5.6%	245,7 k €	+45.1%	169,3 k €	-6.5%	181 k €	+91.6%	94,5 k €	-70.0%	314,5 k €	-18.9%	387,8 k €	-24.6%	514,1 k €	+16.4%	441,5 k €	+57.1%	281 k €	+101%	139,7 k €	-51.5%	287,9 k €	-21.3%	366 k €	+94.1%	188,6 k €
Other
Workforce	1,1 ETP	-15.4%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+400%	0,2 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 16 ended

Active mandates

TERMATAL HOLDING

Director · 0464.223.192

Represented by Marc SCHREINEMACHER

Active

Ended mandates

REGINALD SCHREINEMACHER

Director · since 25 septembre 2019

Ended

IB Dynamics

Managing director · since 02 septembre 2013 · until 25 septembre 2016 · 0824.255.322

Represented by B.A. Dubbelboer

Ended

JULIE V. SCHREINEMACHER

Director · since 25 septembre 2010 · until 25 septembre 2016

Ended

MARC H.F. SCHREINEMACHER

Director · since 25 septembre 2010 · until 25 septembre 2016

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	24/07/2024	06/07/2023	12/05/2022	23/06/2021	20/07/2020
General meeting	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	02/05/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/05/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/05/2022	12/05/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	22/05/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	18/09/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	15/05/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 16 ended

Active mandates

TERMATAL HOLDING

Director · 0464.223.192

Represented by Marc SCHREINEMACHER

Active

Ended mandates

REGINALD SCHREINEMACHER

Director · since 25 septembre 2019

Ended

IB Dynamics

Managing director · since 02 septembre 2013 · until 25 septembre 2016 · 0824.255.322

Represented by B.A. Dubbelboer

Ended

JULIE V. SCHREINEMACHER

Director · since 25 septembre 2010 · until 25 septembre 2016

Ended

MARC H.F. SCHREINEMACHER

Director · since 25 septembre 2010 · until 25 septembre 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2024
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other02/09/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/03/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024146,2 k €↑
2023
Annual accounts 20231,2 k €↓
2022
Annual accounts 2022251,6 k €↑
2021
Annual accounts 2021158 k €↑
2020
Annual accounts 202057,3 k €↑
2019
Annual accounts 201922,2 k €↓
2018
Annual accounts 2018110 k €↑
2017
Annual accounts 20178,4 k €↑
2016
Annual accounts 2016-24,2 k €↓
2015
Annual accounts 2015899,5 €↑
2014
Annual accounts 2014-44 k €↓
2013
Annual accounts 2013211,2 k €↓
2012
Annual accounts 2012302 k €↑
2011
Annual accounts 201181 k €↑
2010
Annual accounts 201062,5 k €↑
2009
Annual accounts 200931,4 k €↓
2008
Annual accounts 200840,5 k €↓
2007
Annual accounts 200792,4 k €↑
2006
Annual accounts 2006-63,2 k €
09/11/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KRECO

Overview

What does KRECO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline