Summary
Conclusion
the dossier summarised in one paragraphThe file of CML contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 5.1% (elevated). The 2020 annual accounts show negative equity (€-100k) and a net result of €-126k. Equity is shrinking by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 1138 sector peers (fiscal year 2020).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.
Trust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2020How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -57.4% | 17.1% | |
| Net result | €-21k | €885 | |
| Equity | €-100k | €10k | |
| Gross operating margin | €21k | €24k | |
| Total assets | €174k | €69k |
| Fiscal year | 2020 |
|---|---|
| Revenue | €183k |
| EBITDA | €932 |
| Net profit | €-126k |
| Cash flow | €-113k |
| Staff costs | - |
| Income taxes | €320 |
| Dividends | - |
| Total assets | €174k |
| Equity | €-100k |
| Debt | €274k |
| of which ≤ 1y | €128k |
| of which > 1y | - |
| Working capital | €-84k |
| Employees (FTE) | - |
| 2020 | |
|---|---|
| Current ratio | 0.34 |
| Quick ratio | 0.30 |
| Working capital ratio | -48.2% |
| Solvency | -57.4% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | -68.9% |
| ROA | -72.4% |
| ROE | 126.2% |
| EBITDA margin | 0.5% |
| Days sales outstanding | 77d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €174k |
| Fixed assets | 21/28 | €130k |
| Tangible fixed assets | 22/27 | €130k |
| Current assets | 29/58 | €44k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €174k |
| Equity | 10/15 | €-100k |
| Reserves | 13 | €26k |
| Accumulated profits (losses) | 14 | €-126k |
| Amounts payable | 17/49 | €274k |
| Amounts payable within one year | 42/48 | €128k |
| Income statement | ||
| Turnover | 70 | €183k |
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-21k |
| Income taxes | 67/77 | €320 |
| Net result for the period | 9904 | €-21k |
| Result to be appropriated | 9905 | €-21k |
Health barometer
FY 2020 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Locations & real estate
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0036/00T002 | Flanders | 249 m² | 1 · 80 m² | 9.5 m · 3 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch solvency in particular.
Ask AI about this company
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AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | CML |