C.R.F. SERVICES
ActiveC.R.F. SERVICES has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149k and a net result of €-551. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 88% of 4807 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79=
Solvency100=
Growth49▼-14
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.06 in 2023; short-term debt: 11.4% and cash: 1.7% of total assets), and 11.6% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
88.4%
Return on assets
-0.3%
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 10-08-2025, 10 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
10 d late
2023
44 d early
2022
40 d late
2021
66 d late
2020
26 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€9k▲ 0.1%
2023 · €9k
2018: €9k
2019: €10k
2020: €8k
2021: €9k
2022: €9k
2023: €9k
2018 → 2024
EBIT margin
-3.4%▼ 4.7pp
2023 · 1.3%
2018: -2.2%
2019: -1.5%
2020: 5.5%
2021: 9.5%
2022: 2.1%
2023: 1.3%
2018 → 2024
Net result
€-551▼ 327%
2023 · €-129
2018: €-991
2019: €-454
2020: €78
2021: €641
2022: €-9
2023: €-129
2018 → 2024
Working capital
€-16k▲ 20.8%
2023 · €-20k
2018: €-20k
2019: €-40k
2020: €-35k
2021: €-30k
2022: €-25k
2023: €-20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8k-€9k▲ 9.1%€9k=€9k=€9k▲ 0.1%
Equity€149k-€150k▲ 0.4%€150k=€150k▼ 0.1%€149k▼ 0.4%
Operating result€446-€851▲ 90.8%€188▼ 77.9%€118▼ 37.2%€-300
Net result€78-€641▲ 722%€-9€-129▼ 1,333%€-551▼ 327%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €300 after €118 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€166k▼ 2.8%
Current assets
€3k▲ 122%
Equity and liabilities €169k
Equity
€149k▼ 0.4%
Debt
€20k▼ 11.9%
The debt ratio falls from 12.9% to 11.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2023 · €5k
Cash flow
€4k▼
2023 · €5k
Solvency
88.4%▲
2023 · 87.1%
Current ratio
0.15▲
2023 · 0.06
Quick ratio
0.15▲
2023 · 0.06
Debt / equity
0.13▼
2023 · 0.15
ROE
-0.4%▼
2023 · -0.1%
ROA
-0.3%▼
2023 · -0.1%
Interest coverage
17.96▼
2023 · 19.95
Debt
€20k▼
2023 · €22k
Debt ≤ 1 year
€19k▼
2023 · €22k
Debt > 1 year
€380=
2023 · €380
Staff costs
€387▲
2023 · €384
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€172k€169k▼
Fixed assets21/28€170k€166k▼
Tangible fixed assets22/27€170k€166k▼
Land and buildings22€141k€139k▼
Other tangible fixed assets26€29k€26k▼
Financial fixed assets28-€0
Current assets29/58€1k€3k▲
Current investments50/53€1€1=
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€172k€169k▼
Equity10/15€150k€149k▼
Contributions10/11€93k€93k=
Capital10€93k€93k=
Issued capital100€93k€93k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€51k€50k▼
Amounts payable17/49€22k€20k▼
Amounts payable after more than one year17€380€380=
Financial debts170/4€380€380=
Amounts payable within one year42/48€22k€19k▼
Trade debts44€275€274▼
Bills of exchange payable441€275€274▼
Other amounts payable47/48€22k€19k▼
Income statement
Code20232024
Turnover70€9k€9k▲
Goods, raw materials, services and sundry goods60/61€2k€2k▲
Remuneration, social security and pensions62€384€387▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€7k€7k▼
Operating profit (loss)9901€118€-300▼
Financial charges65/66B€247€251▲
Recurring financial charges65€247€251▲
Profit (loss) for the period before taxes9903€-129€-551▼
Profit (loss) for the period9904€-129€-551▼
Profit (loss) for the period to be appropriated9905€-129€-551▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€50k▼
Profit (loss) brought forward from the previous period14P€51k€51k▼
Shareholders' contribution to the loss794€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 10 days late
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 40 days late
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 66 days late
2021
31-12
Financial
Highest result since 2018net €641 ▲722%
Operating result €851, net result €641, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €78
Net result €78 after 2 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 1974
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.
Eeuwfeestlaan 408301 Knokke-HeistGround area
282 m²
Building footprint
81 m²
Volume, LiDAR
535 m³
Parcel 31338E0382/00_000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eeuwfeestlaan 40, 8301 Knokke-Heist
since 19742.010.710.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31338E0382/00_000 | Flanders | 282 m² | 1 · 81 m² | 9.9 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.
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,906. 5,262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-12-1974
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.