Craenhals Management is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €38.30M and a net result of €150k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 85% of 2389 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
24 d early
2023
9 d early
2022
17 d early
2021
17 d early
2020
157 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory
Equity
€38.30M▲ 0.4%
2024 · €38.15M
2018: €34.51M
2019: €34.73M
2020: €35.14M
2021: €35.85M
2022: €37.06M
2023: €37.57M
2024: €38.15M
2018 → 2025
Net result
€150k▼ 36.4%
2024 · €235k
2018: €344k
2019: €216k
2020: €689k
2021: €1.04M
2022: €2.31M
2023: €510k
2024: €235k
2018 → 2025
Total assets
€40.02M▼ 0.1%
2024 · €40.05M
2018: €39.34M
2019: €39.42M
2020: €39.91M
2021: €38.06M
2022: €39.27M
2023: €39.77M
2024: €40.05M
2018 → 2025
Solvency
95.7%▲ 0.4pp
2024 · 95.3%
2018: 87.7%
2019: 88.1%
2020: 88.1%
2021: 94.2%
2022: 94.4%
2023: 94.5%
2024: 95.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.27M-€3.26M▼ 0.3%€3.60M▲ 10.3%€3.95M▲ 9.6%€3.67M▼ 7.1%
Equity€35.85M-€37.06M▲ 3.4%€37.57M▲ 1.4%€38.15M▲ 1.5%€38.30M▲ 0.4%
Operating result€1.50M-€978k▼ 34.6%€721k▼ 26.4%€355k▼ 50.8%€217k▼ 38.9%
Net result€1.04M-€2.31M▲ 122%€510k▼ 77.9%€235k▼ 53.9%€150k▼ 36.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 39% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40.02M
Fixed assets
€37.40M▲ 0.2%
Current assets
€2.62M▼ 3.8%
Equity and liabilities €40.02M
Equity
€38.30M▲ 0.4%
Debt
€1.72M▼ 9.3%
The debt ratio falls from 4.7% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
95.7%▲
2024 · 95.3%
ROE
0.4%▼
2024 · 0.6%
ROA
0.4%▼
2024 · 0.6%
Debt
€1.72M▼
2024 · €1.90M
Debt ≤ 1 year
€305k▼
2024 · €478k
Debt > 1 year
€1.40M=
2024 · €1.40M
Income taxes
€62k▼
2024 · €98k
Staff costs
€1.13M▼
2024 · €1.32M
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€40.05M€40.02M▼
Fixed assets21/28€37.33M€37.40M▲
Tangible fixed assets22/27€58k€135k▲
Plant, machinery and equipment23€18k€22k▲
Furniture and vehicles24€40k€113k▲
Financial fixed assets28€37.27M€37.27M=
Affiliated companies280/1€37.26M€37.26M=
Participating interests280€36.58M€36.58M=
Amounts receivable281€681k€681k=
Companies linked by participating interests282/3€13k€13k=
Participating interests282€13k€13k=
Current assets29/58€2.72M€2.62M▼
Amounts receivable within one year40/41€630k€985k▲
Trade receivables40€232k€515k▲
Other amounts receivable41€398k€469k▲
Cash at bank and in hand54/58€2.03M€1.59M▼
Deferred charges and accrued income490/1€57k€46k▼
Equity and liabilities
Total equity and liabilities10/49€40.05M€40.02M▼
Equity10/15€38.15M€38.30M▲
Contributions10/11€31.09M€31.09M=
Capital10€31.09M€31.09M=
Issued capital100€31.09M€31.09M=
Reserves13€7.06M€7.21M▲
Non-distributable reserves130/1€538k€3.11M▲
Legal reserve130€538k€3.11M▲
Distributable reserves133€6.52M€4.10M▼
Amounts payable17/49€1.90M€1.72M▼
Amounts payable after more than one year17€1.40M€1.40M=
Financial debts170/4€1.40M€1.40M=
Other loans174€1.40M€1.40M=
Amounts payable within one year42/48€478k€305k▼
Trade debts44€307k€188k▼
Suppliers440/4€307k€188k▼
Taxes, remuneration and social security45€171k€117k▼
Taxes450/3€31k€250▼
Remuneration and social security454/9€140k€117k▼
Accrued charges and deferred income492/3€23k€20k▼
Income statement
Code20242025
Operating income70/76A€4.38M€4.13M▼
Turnover70€3.95M€3.67M▼
Other operating income74€431k€465k▲
Operating charges60/66A€4.02M€3.91M▼
Services and other goods61€2.68M€2.76M▲
Remuneration, social security and pensions62€1.32M€1.13M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€16k▲
Other operating charges640/8€3k€2k▼
Operating profit (loss)9901€355k€217k▼
Financial income75/76B€25k€21k▼
Recurring financial income75€25k€21k▼
Income from current assets751€25k€21k▼
Other financial income752/9€0-
Financial charges65/66B€46k€27k▼
Recurring financial charges65€46k€27k▼
Debt charges650€44k€25k▼
Other financial charges652/9€2k€2k▼
Profit (loss) for the period before taxes9903€333k€211k▼
Income taxes67/77€98k€62k▼
Taxes670/3€99k€65k▼
Tax adjustments and reversals of tax provisions77€405€4k▲
Profit (loss) for the period9904€235k€150k▼
Profit (loss) for the period to be appropriated9905€235k€150k▼
Appropriation of the result
Profit (loss) to be appropriated9906€235k€150k▼
Transfer to equity691/2€235k€150k▼
To the legal reserve6920€12k€150k▲
To other reserves6921€223k-
Social balance
Average headcount (FTE)908711.910.1▼
The notes to these accounts (42 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €150k ▼36.4%
Net result drops to €150k, the lowest in the series.
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2024
31-12
Financial
Liquidity doublescurrent ratio 5.69
Current ratio from 2.73 to 5.69; short-term debt falls from €772k to €478k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
08-01
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2022
31-12
Financial
Highest result since 2018net €2.31M ▲122%
Net result €2.31M, the highest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 157 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Antwerpen · 1 establishment unit since 2008
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.
Entrepotkaai 102000 AntwerpenGround area
4,909 m²
Building footprint
2,973 m²
Volume, LiDAR
70,359 m³
Parcel 11802B0059/00G002, Flanders · tallest building 31.0 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Entrepotkaai 10, 2000 Antwerpen
since 20082.178.696.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0059/00G002 | Flanders | 4,909 m² | 1 · 2,973 m² | 31.0 m · 10 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 3,100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-12-2008
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.