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CRAENEN

Active
Private limited companyfounded 1987active for 38 yearsMechelsesteenweg 633, 3020 Herent, BelgiumKBO/BCE: BE 0432.544.081
Summary

CRAENEN has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €718,957 and a net result of -€24,761. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 39% of 358 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Other printing
NACE 18120Wholesale trade NACE 46491
5th largest company by total assets in Herent, Manufacturing sector3 sites
Size
≈ €2.3mturnover 2025, estimated
Staff
16.7 FTE
Equity
€718,957
Loss
-€24,761
Turnover estimated from the gross margin
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Bart Craenen Management · 99.99%
2025 accounts 42 days early1 of 6 deeds summarised
Why 80raises riskSize: 16.7 FTE, total assets €2.3mSector: Printing and reproduction of recorded media (NACE 18)Loss of €24,761, the second in a row (financial year 2025)lowers riskFounded in 1987Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 18, small)
Financial strength · tick = 2024
Weak
Solvency 57-2
equity 31.6% of total assets
Liquidity 25+1
short-term debt 65.1% · cash 7.6%
Profitability 34-2
return on assets -1.1%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (136 companies, NACE 18, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.8%● unchanged vs 05-2025highest value 07-2025: 0.8%● unchanged vs 06-2025highest value 08-2025: 0.8%● unchanged vs 07-2025highest value 09-2025: 0.8%● unchanged vs 08-2025highest value 10-2025: 0.5%▼ -0.3 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026lowest value 06-2026: 0.5%● unchanged vs 05-2026lowest value 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.47, compared with 1.54 in 2024, below the usual 1.5; short-term debt: 65.1% and cash: 7.6% of total assets), and 68.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 18, small): better than 43% on solvency, 16% on liquidity, 27% on profitability and 41% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 16.7 FTE, total assets €2.3m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Printing and reproduction of recorded media (NACE 18)
KBO
raises risk · Loss of €24,761, the second in a row (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
15 days early
2023
18 days early
2022
58 days early
2021
8 days early
2020
2 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 18) for financial year 2024 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 13 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€24,761
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 15% on net resultsector median €11,522 · 358 companies -€24,761 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Bart Craenen Management 99.99% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€24,761 View
  • Flemish supportawarded from 2022 to 2025 €56,355 View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Loss
-€24,761
Solvency
31.6%
Total assets▲ 4.7%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
Bart Craenen Management · 99.99%
  • CRAENEN BartDirector
  • CRAENEN MarcDirector
  • WILLEMS LieneDirector
Go to Board & ownership

Timeline

Events
41
Since
1989
Next accounts
by 30-04-2027
  1. 12-04-2024Annual accounts filed
  2. 06-09-2023Resignations: Missinne Catharina (statutory director) and CRAENEN…
  3. 03-03-2023Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Other printingNACE 18120
Founded
20-11-1987
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Who signs
Each director alone
Annual meeting
Second Tuesday of February
Purpose
“Groothandel en kleinhandel en productie van cartografische materialen; Wandborden…” (deed in Dutch)
Go to Articles of association

Key facts about CRAENEN

What is the company number of CRAENEN?
0432.544.081. In Belgium the VAT number is the company number with BE in front: BE 0432.544.081.
Where is CRAENEN based?
The registered office is at Mechelsesteenweg 633, 3020 Herent.Company details
What does CRAENEN do?
According to the KBO register, the main activity is other printing (NACE 18120).
What is the legal form of CRAENEN?
Private limited company (BV).
When was CRAENEN founded?
On 20-11-1987.
Is CRAENEN still active?
Yes, CRAENEN is an active enterprise in the KBO register.
How many employees does CRAENEN have?
On average 16.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CRAENEN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CRAENEN profitable?
In financial year 2025, CRAENEN made a loss of €24,761.
Where can I find the annual accounts of CRAENEN?
CRAENEN filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CRAENEN due?
By 30-04-2027, for financial year 2026.Timeline

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