Craenenburg
ActiveCraenenburg has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €83k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 3619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-17
Solvency47▼-47
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 2.8 in 2024; short-term debt: 77.7% and cash: 79.9% of total assets), and 77.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
64 d early
2023
35 d early
2022
130 d early
2021
145 d early
2020
45 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€189k▼ 62.7%
2024 · €506k
2018: €75k
2019: €75k
2020: €14k
2021: €43k
2022: €261k
2023: €338k
2024: €506k
2018 → 2025
Total assets
€846k▲ 16.0%
2024 · €729k
2018: €507k
2019: €395k
2020: €178k
2021: €313k
2022: €511k
2023: €642k
2024: €729k
2018 → 2025
Net result
€83k▼ 50.9%
2024 · €168k
2018: €146k
2019: €74k
2020: €-61k
2021: €82k
2022: €218k
2023: €112k
2024: €168k
2018 → 2025
Working capital
€89k▼ 77.8%
2024 · €401k
2018: €-16k
2019: €-25k
2020: €-57k
2021: €-20k
2022: €199k
2023: €294k
2024: €401k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€261k▲ 508%€338k▲ 29.7%€506k▲ 49.7%€189k▼ 62.7%
Operating result€90k-€257k▲ 185%€166k▼ 35.3%€241k▲ 44.8%€129k▼ 46.5%
Net result€82k-€218k▲ 166%€112k▼ 48.4%€168k▲ 49.5%€83k▼ 50.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €846k
Fixed assets
€100k▼ 5.5%
Current assets
€746k▲ 19.6%
Equity and liabilities €846k
Equity
€189k▼ 62.7%
Debt
€657k▲ 195%
The debt ratio rises from 30.6% to 77.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€156k▼
2024 · €266k
Cash flow
€110k▼
2024 · €193k
Solvency
22.3%▼
2024 · 69.4%
Current ratio
1.14▼
2024 · 2.80
Quick ratio
1.11▼
2024 · 2.71
Debt / equity
3.48▲
2024 · 0.44
ROE
43.7%▲
2024 · 33.2%
ROA
9.8%▼
2024 · 23.1%
Interest coverage
9.39▼
2024 · 19.34
Debt
€657k▲
2024 · €223k
Debt ≤ 1 year
€657k▲
2024 · €223k
Income taxes
€32k▼
2024 · €60k
Staff costs
€1.00M▲
2024 · €958k
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€729k€846k▲
Fixed assets21/28€106k€100k▼
Tangible fixed assets22/27€89k€83k▼
Plant, machinery and equipment23€52k€43k▼
Furniture and vehicles24€33k€38k▲
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€17k€17k=
Current assets29/58€624k€746k▲
Stocks and contracts in progress3€19k€16k▼
Stocks30/36€19k€16k▼
Amounts receivable within one year40/41€62k€54k▼
Trade receivables40€19k€8k▼
Other amounts receivable41€43k€45k▲
Cash at bank and in hand54/58€542k€676k▲
Deferred charges and accrued income490/1€521€506▼
Equity and liabilities
Total equity and liabilities10/49€729k€846k▲
Equity10/15€506k€189k▼
Contributions10/11€20k€20k=
Reserves13€485k€168k▼
Tax-exempt reserves132€20k€20k=
Distributable reserves133€465k€148k▼
Profit (loss) carried forward14€909€419▼
Amounts payable17/49€223k€657k▲
Amounts payable within one year42/48€223k€657k▲
Trade debts44€76k€96k▲
Suppliers440/4€76k€96k▲
Taxes, remuneration and social security45€147k€161k▲
Taxes450/3€57k€58k▲
Remuneration and social security454/9€90k€103k▲
Other amounts payable47/48-€400k
Accrued charges and deferred income492/3€59€62▲
Income statement
Code20242025
Remuneration, social security and pensions62€958k€1.00M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k▲
Other operating charges640/8€11k€10k▼
Gross operating margin9900€1.24M€1.17M▼
Operating profit (loss)9901€241k€129k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€228k€114k▼
Income taxes67/77€60k€32k▼
Profit (loss) for the period9904€168k€83k▼
Profit (loss) for the period to be appropriated9905€168k€83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€169k€83k▼
Profit (loss) brought forward from the previous period14P€772€909▲
Transfer from equity791/2-€317k
Transfer to equity691/2€168k€0▼
To other reserves6921€168k€0▼
Profit to be distributed694/7€0€400k▲
Return on contributions (dividend)694€0€400k▲
Social balance
Average headcount (FTE)908716.325.0▲
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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €506k ▲49.7%
4 profitable years in a row build equity to €506k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €218k ▲166%
Operating result €257k, net result €218k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲508%
2 profitable years in a row build equity to €261k.
08-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-61k ▼182%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
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, Brugge · 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.
Markt 168000 BruggeGround area
129 m²
Building footprint
129 m²
Volume, LiDAR
1,919 m³
Parcel 31804D0456/00_000, Flanders · tallest building 21.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CRAENENBURG
since 19992.090.511.435
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0456/00_000 | Flanders | 129 m² | 1 · 129 m² | 21.8 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.090.511.435
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-1999
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.