C.R.M.
ActiveC.R.M. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €720k and a net result of €-56k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 4360 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
15
/ 100
Critical▼ -46 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency19▼-15
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.08 in 2023), and 77.8% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
22.2%
Return on assets
-1.7%
Age of the figures
20 mo
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
29 d late
2022
31 d late
2021
61 d late
2020
61 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-56k
2023 · €338k
2018: €234k
2019: €-28k
2020: €297k
2021: €-14k
2022: €-150k
2023: €338k
2018 → 2024
Working capital
€-1.22M▲ 6.8%
2023 · €-1.31M
2018: €55k
2019: €-775k
2020: €-918k
2021: €-1.23M
2022: €-1.56M
2023: €-1.31M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€636k-€622k▼ 2.3%€472k▼ 24.1%€775k▲ 64.2%€720k▼ 7.2%
Operating result€359k-€25k▼ 93.0%€-92k€376k€-10k
Net result€297k-€-14k€-150k▼ 948%€338k€-56k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €376k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.24M
Fixed assets
€2.91M▲ 13.5%
Current assets
€324k▲ 175%
Equity and liabilities €3.24M
Equity
€720k▼ 7.2%
Debt
€2.52M▲ 31.9%
The debt ratio rises from 71.1% to 77.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€107k▼
2023 · €480k
Cash flow
€62k▼
2023 · €441k
Solvency
22.2%▼
2023 · 28.9%
Current ratio
0.21▲
2023 · 0.08
Quick ratio
0.07▼
2023 · 0.08
Debt / equity
3.50▲
2023 · 2.46
ROE
-7.7%▼
2023 · 43.5%
ROA
-1.7%▼
2023 · 12.6%
Interest coverage
2.37▼
2023 · 12.60
Debt
€2.52M▲
2023 · €1.91M
Debt ≤ 1 year
€1.54M▲
2023 · €1.42M
Debt > 1 year
€971k▲
2023 · €483k
Income taxes
€321▼
2023 · €408
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€2.68M€3.24M▲
Fixed assets21/28€2.56M€2.91M▲
Tangible fixed assets22/27€2.56M€2.91M▲
Land and buildings22€2.45M€2.61M▲
Plant, machinery and equipment23€111k€293k▲
Furniture and vehicles24€7k€8k▲
Financial fixed assets28€1k€1k=
Current assets29/58€118k€324k▲
Stocks and contracts in progress3-€211k
Stocks30/36-€211k
Amounts receivable within one year40/41€75k€65k▼
Trade receivables40€72k€62k▼
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€42k€47k▲
Deferred charges and accrued income490/1€77€587▲
Equity and liabilities
Total equity and liabilities10/49€2.68M€3.24M▲
Equity10/15€775k€720k▼
Contributions10/11€35k€35k=
Revaluation surpluses12€133k€133k=
Reserves13€919k€888k▼
Non-distributable reserves130/1€177k€177k=
Reserves not available under the articles1311€177k€177k=
Tax-exempt reserves132€723k€693k▼
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-312k€-336k▼
Amounts payable17/49€1.91M€2.52M▲
Amounts payable after more than one year17€483k€971k▲
Financial debts170/4€453k€941k▲
Other amounts payable178/9€30k€30k=
Amounts payable within one year42/48€1.42M€1.54M▲
Current portion of amounts payable after more than one year42€38k€58k▲
Financial debts43€250k€280k▲
Credit institutions430/8€250k€280k▲
Trade debts44€20k€57k▲
Suppliers440/4€20k€57k▲
Taxes, remuneration and social security45€28k€25k▼
Taxes450/3€28k€25k▼
Other amounts payable47/48€1.09M€1.12M▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€117k▲
Other operating charges640/8€16k€15k▼
Non-recurring operating charges66A-€21k
Gross operating margin9900€496k€143k▼
Operating profit (loss)9901€376k€-10k▼
Financial charges65/66B€38k€45k▲
Recurring financial charges65€38k€45k▲
Profit (loss) for the period before taxes9903€338k€-55k▼
Income taxes67/77€408€321▼
Profit (loss) for the period9904€338k€-56k▼
Transfer from tax-exempt reserves789€35k€31k▼
Transfer to tax-exempt reserves689€435k-
Profit (loss) for the period to be appropriated9905€-63k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-312k€-336k▼
Profit (loss) brought forward from the previous period14P€-249k€-312k▼
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €338k
Net result €338k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €775k ▲64.2%
Equity rises from €472k to €775k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-150k
Net result drops to €-150k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €297k
Net result €297k after one loss-making year.
31-12
Financial
Equity above €500kEq €636k ▲87.3%
Equity rises from €340k to €636k.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Visé · 1 establishment unit since 1999
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 Francs Arquebusiers(VIS) 74600 ViséGround area
459 m²
Building footprint
355 m²
Volume, LiDAR
3,511 m³
2 parcels, Flanders, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Getske 4, 3790 Voeren
since 19992.091.415.119
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62108B0082/00V003 | Wallonia | 318 m² | 1 · 252 m² | 13.5 m · 4 fl. |
| 73054A0313/00K000 | Flanders | 141 m² | 1 · 103 m² | 7.2 m · 2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 4,526 companies in sector 74301 we hold annual accounts for 716. 328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-1999
Fiscal year end31-12
Activities, NACEBEL
74300Other professional, scientific and technical activities
74301Translation services
74852
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.