ALAIN CROWIN
ActiveALAIN CROWIN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119k and a net result of €6k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+2
Solvency56▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.61 in 2023; short-term debt: 54.8% and cash: 0.8% of total assets), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
30.8%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
316 d late
2021
106 d late
2020
126 d late
2019
82 d late
2018
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k▲ 170%
2023 · €2k
2018: €-19k
2019: €-43k
2020: €-30k
2021: €21k
2023: €2k
2018 → 2024
Working capital
€-91k▲ 23.3%
2023 · €-119k
2018: €-52k
2019: €-98k
2020: €-136k
2021: €-166k
2023: €-119k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€76k-€46k▼ 39.1%€67k▲ 44.8%€113k▲ 68.0%€119k▲ 5.3%
Operating result€-32k-€-20k▲ 39.1%€31k€8k▼ 73.7%€13k▲ 63.3%
Net result€-43k-€-30k▲ 31.4%€21k€2k▼ 89.3%€6k▲ 170%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 63% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386k
Fixed assets
€265k▼ 13.8%
Current assets
€120k▼ 35.5%
Equity and liabilities €386k
Equity
€119k▲ 5.3%
Debt
€267k▼ 30.1%
The debt ratio falls from 77.2% to 69.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2023 · €53k
Cash flow
€58k▲
2023 · €47k
Solvency
30.8%▲
2023 · 22.8%
Current ratio
0.57▼
2023 · 0.61
Quick ratio
0.57▼
2023 · 0.61
Debt / equity
2.25▼
2023 · 3.39
ROE
5.1%▲
2023 · 2.0%
ROA
1.6%▲
2023 · 0.4%
Interest coverage
10.22▲
2023 · 9.44
Debt
€267k▼
2023 · €382k
Debt ≤ 1 year
€212k▼
2023 · €305k
Debt > 1 year
€56k▼
2023 · €76k
Income taxes
€903▲
2023 · €690
Staff costs
€13k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€495k€386k▼
Fixed assets21/28€308k€265k▼
Tangible fixed assets22/27€308k€265k▼
Land and buildings22€224k€207k▼
Plant, machinery and equipment23€20k€19k▼
Furniture and vehicles24€54k€30k▼
Other tangible fixed assets26€9k€8k▼
Current assets29/58€187k€120k▼
Amounts receivable within one year40/41€165k€117k▼
Trade receivables40€161k€101k▼
Other amounts receivable41€4k€16k▲
Cash at bank and in hand54/58€22k€3k▼
Deferred charges and accrued income490/1€87€97▲
Equity and liabilities
Total equity and liabilities10/49€495k€386k▼
Equity10/15€113k€119k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€92k€98k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€73k€79k▲
Amounts payable17/49€382k€267k▼
Amounts payable after more than one year17€76k€56k▼
Financial debts170/4€76k€56k▼
Amounts payable within one year42/48€305k€212k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Financial debts43€13k€10k▼
Credit institutions430/8€13k€10k▼
Trade debts44€147k€63k▼
Suppliers440/4€147k€63k▼
Taxes, remuneration and social security45€22k€24k▲
Taxes450/3€353€903▲
Remuneration and social security454/9€22k€23k▲
Other amounts payable47/48€103k€93k▼
Income statement
Code20232024
Non-recurring operating income76A€165€1k▲
Remuneration, social security and pensions62€10k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€52k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€70k€83k▲
Operating profit (loss)9901€8k€13k▲
Financial income75/76B€408€116▼
Recurring financial income75€408€116▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€3k€7k▲
Income taxes67/77€690€903▲
Profit (loss) for the period9904€2k€6k▲
Profit (loss) for the period to be appropriated9905€2k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€6k▲
Transfer to equity691/2€2k€6k▲
To contributions691€2k-
To other reserves6921€359€6k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 62 days late
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 316 days late
2023
31-12
Financial
Equity above €100kEq €113k ▲68%
2 profitable years in a row build equity to €113k.
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 3 loss-making years.
04-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 126 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 120 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 169 days late
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tournai · 1 establishment unit since 1997
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.
Rue des Mottes(FRY) 267503 TournaiGround area
1.2 ha
Building footprint
4,463 m²
Volume, LiDAR
33,659 m³
2 parcels, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Ancienne Potence(MAR) 9A, 7522 Tournai
since 19972.083.770.034
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57050A0217/00S000 | Wallonia | 1.2 ha | 1 · 4,409 m² | 8.7 m · 3 fl. |
| 57031B0571/00C003 | Wallonia | 593 m² | 1 · 53 m² | 8.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GAMA
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COLMAN INTERIEUR
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MENUISERIE JSM.SERVICES
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,706 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-1997
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.