Afwerkingsbedrijf Croes Gery
ActiveSummary
Afwerkingsbedrijf Croes Gery has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 67% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-29
Solvency86▲+21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 1.67 in 2023; short-term debt: 33.5% and cash: 23.2% of total assets), and 38.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.5%
Return on assets
1.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €98k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
22 d early
2022
7 d early
2021
304 d late
2020
29 d late
2019
73 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€98k▲ 3.0%
2023 · €95k
2018: €-5k
2019: €4k
2020: €9k
2021: €18k
2022: €14k
2023: €95k
2018 → 2024
Total assets
€159k▼ 33.0%
2023 · €237k
2018: €12k
2019: €18k
2020: €23k
2021: €33k
2022: €58k
2023: €237k
2018 → 2024
Net result
€3k▼ 96.5%
2023 · €81k
2018: €12k
2019: €10k
2020: €4k
2021: €9k
2022: €-5k
2023: €81k
2018 → 2024
Working capital
€88k▲ 2.2%
2023 · €86k
2018: €-11k
2019: €4k
2020: €8k
2021: €18k
2022: €797
2023: €86k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€18k▲ 109%€14k▼ 25.1%€95k▲ 601%€98k▲ 3.0%
Operating result€9k-€15k▲ 60.1%€-2k€116k€1k▼ 98.8%
Net result€4k-€9k▲ 122%€-5k€81k€3k▼ 96.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 99% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets
€18k ▼ 19.0%
Current assets
€141k ▼ 34.4%
Equity and liabilities €159k
Equity
€98k ▲ 3.0%
Debt
€61k ▼ 57.0%
Debt's share of the balance-sheet total falls from 60.0% to 38.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2023 · €122k
Cash flow
€10k▼
2023 · €88k
Current ratio
2.65▲
2023 · 1.67
Quick ratio
2.53▲
2023 · 1.62
Debt to equity
0.63▼
2023 · 1.50
ROE
2.9%▼
2023 · 85.7%
ROA
1.8%▼
2023 · 34.3%
Interest coverage
8.51▼
2023 · 31.58
Debt ≤ 1 year
€53k▼
2023 · €129k
Debt > 1 year
€6k▼
2023 · €11k
Income taxes
€1k▼
2023 · €32k
Staff costs
€0▼
2023 · €875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€237k€159k▼
Fixed assets21/28€22k€18k▼
Tangible fixed assets22/27€22k€18k▼
Furniture and vehicles24-€2k
Leasing and similar rights25€22k€15k▼
Current assets29/58€215k€141k▼
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€76k€98k▲
Trade receivables40€52k€0▼
Other amounts receivable41€24k€98k▲
Cash at bank and in hand54/58€131k€37k▼
Deferred charges and accrued income490/1€2k€198▼
Equity and liabilities
Total equity and liabilities10/49€237k€159k▼
Equity10/15€95k€98k▲
Contributions10/11€18k€18k=
Reserves13€50k€80k▲
Distributable reserves133€50k€80k▲
Profit (loss) carried forward14€27k€0▼
Amounts payable17/49€142k€61k▼
Amounts payable after more than one year17€11k€6k▼
Financial debts170/4€11k€6k▼
Amounts payable within one year42/48€129k€53k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€80k€30k▼
Suppliers440/4€80k€30k▼
Taxes, remuneration and social security45€44k€18k▼
Taxes450/3€43k€15k▼
Remuneration and social security454/9€2k€3k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€875€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€125k€10k▼
Operating profit (loss)9901€116k€1k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€113k€4k▼
Income taxes67/77€32k€1k▼
Profit (loss) for the period9904€81k€3k▼
Profit (loss) for the period to be appropriated9905€81k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€30k▼
Profit (loss) brought forward from the previous period14P€-5k€27k▲
Transfer to equity691/2€50k€30k▼
To other reserves6921€50k€30k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €81k
Net result €81k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 304 days late
2022
31-12
Financial
Weakest financial yearnet €-5k ▼148%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 1.30
Current ratio from 0.35 to 1.30; short-term debt falls from €18k to €13k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wilderenlaan 363803 Sint-TruidenGround area
712 m²
Building footprint
167 m²
Volume, LiDAR
881 m³
Parcel 71061B0083/00S000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Afwerkingsbedrijf Croes Gery
since 20132.218.230.048
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71061B0083/00S000 | Flanders | 712 m² | 1 · 167 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,875 EUR awarded · 1,875 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,875 EUR | 1,875 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43230Insulation installation
43320Joinery installation
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.