CRAENEN
ActiveCRAENEN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €719k and a net result of €-25k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 39% of 305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-2
Solvency57▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.54 in 2024; short-term debt: 65.1% and cash: 7.6% of total assets), and 68.4% 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 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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 filingsDeviation from the deadline
2025
42 d early
2024
15 d early
2023
18 d early
2022
58 d early
2021
8 d early
2020
2 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€719k▼ 3.3%
2024 · €744k
2018: €764k
2019: €762k
2020: €752k
2021: €738k
2022: €749k
2023: €753k
2024: €744k
2018 → 2025
Total assets
€2.28M▲ 4.7%
2024 · €2.17M
2018: €2.34M
2019: €2.35M
2020: €2.09M
2021: €2.01M
2022: €2.16M
2023: €2.06M
2024: €2.17M
2018 → 2025
Net result
€-25k▼ 179%
2024 · €-9k
2018: €56k
2019: €-2k
2020: €-10k
2021: €-15k
2022: €12k
2023: €3k
2024: €-9k
2018 → 2025
Working capital
€693k▼ 5.3%
2024 · €731k
2018: €649k
2019: €665k
2020: €669k
2021: €677k
2022: €718k
2023: €747k
2024: €731k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€738k-€749k▲ 1.6%€753k▲ 0.4%€744k▼ 1.2%€719k▼ 3.3%
Operating result€-8k-€31k€17k▼ 45.2%€25k▲ 43.1%€-286
Net result€-15k-€12k€3k▼ 73.1%€-9k€-25k▼ 179%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €286 after €25k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.28M
Fixed assets
€101k▲ 13.9%
Current assets
€2.18M▲ 4.3%
Equity and liabilities €2.28M
Equity
€719k▼ 3.3%
Debt
€1.56M▲ 8.9%
The debt ratio rises from 65.8% to 68.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€52k▼
2024 · €62k
Cash flow
€28k▼
2024 · €28k
Solvency
31.6%▼
2024 · 34.2%
Current ratio
1.47▼
2024 · 1.54
Quick ratio
0.48▼
2024 · 0.49
Debt / equity
2.17▲
2024 · 1.92
ROE
-3.4%▼
2024 · -1.2%
ROA
-1.1%▼
2024 · -0.4%
Interest coverage
1.95▼
2024 · 2.09
Debt
€1.56M▲
2024 · €1.43M
Debt ≤ 1 year
€1.48M▲
2024 · €1.35M
Debt > 1 year
€75k▼
2024 · €77k
Income taxes
€2k▼
2024 · €9k
Staff costs
€924k▼
2024 · €1.02M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.17M€2.28M▲
Fixed assets21/28€89k€101k▲
Intangible fixed assets21€36k€15k▼
Tangible fixed assets22/27€49k€75k▲
Plant, machinery and equipment23€22k€22k▼
Furniture and vehicles24€24k€52k▲
Other tangible fixed assets26€3k€1k▼
Financial fixed assets28€4k€11k▲
Current assets29/58€2.09M€2.18M▲
Stocks and contracts in progress3€1.42M€1.46M▲
Stocks30/36€1.42M€1.46M▲
Amounts receivable within one year40/41€527k€542k▲
Trade receivables40€526k€520k▼
Other amounts receivable41€479€22k▲
Cash at bank and in hand54/58€119k€173k▲
Deferred charges and accrued income490/1€23k€962▼
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.28M▲
Equity10/15€744k€719k▼
Contributions10/11€25k€25k=
Reserves13€719k€694k▼
Distributable reserves133€719k€694k▼
Amounts payable17/49€1.43M€1.56M▲
Amounts payable after more than one year17€77k€75k▼
Financial debts170/4€77k€75k▼
Amounts payable within one year42/48€1.35M€1.48M▲
Current portion of amounts payable after more than one year42€54k€232▼
Financial debts43€96k€191k▲
Credit institutions430/8€96k€191k▲
Trade debts44€915k€957k▲
Suppliers440/4€915k€957k▲
Taxes, remuneration and social security45€151k€141k▼
Taxes450/3€16k€8k▼
Remuneration and social security454/9€135k€132k▼
Other amounts payable47/48€138k€194k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.02M€924k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€53k▲
Other operating charges640/8€889€2k▲
Gross operating margin9900€1.08M€978k▼
Operating profit (loss)9901€25k€-286▼
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€29k€27k▼
Recurring financial charges65€29k€27k▼
Profit (loss) for the period before taxes9903€383€-23k▼
Income taxes67/77€9k€2k▼
Profit (loss) for the period9904€-9k€-25k▼
Profit (loss) for the period to be appropriated9905€-9k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-25k▼
Transfer from equity791/2€9k€25k▲
Social balance
Average headcount (FTE)908717.216.7▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Herent · 3 establishment units since 1987
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.
Mechelsesteenweg 6333020 HerentGround area
1.1 ha
Building footprint
1,838 m²
Volume, LiDAR
3,981 m³
3 parcels, Flanders · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Craenen bvba
since 19872.031.725.178
Reisboekhandel Anticyclone des Açores
since 20042.301.556.513
Atelier Wijgmaal
since 20162.301.556.216
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24422D0223/00A000 | Flanders | 7,087 m² | 1 · 333 m² | 6.8 m · 2 fl. |
| 24422F0368/00F000 | Flanders | 3,536 m² | 1 · 1,289 m² | - |
| 24502B0141/00D007 | Flanders | 587 m² | 1 · 216 m² | 18.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 56,355 EUR awarded · 56,355 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 11,105 EUR | 15,066 EUR |
| 2024 | 1 | 9,568 EUR | 5,607 EUR |
| 2023 | 3 | 20,971 EUR | 20,971 EUR |
| 2022 | 3 | 14,711 EUR | 14,711 EUR |
Schemes
Subsidies voor internationaal ondernemen
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Stagebonus (stopgezet)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 5 endedLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Similar companies · same sector, comparable size
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DRUKKERIJ ARIJS
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COMITH
BE 0455.560.401
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DRUKKERIJ GOOSSENS
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Of 1,601 companies in sector 18120 we hold annual accounts for 809. 538 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-1987
Fiscal year end30-09
Activities, NACEBEL
18120Other printing
46491Wholesale trade
47610Retail trade
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 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.