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Craeye

Active
Private limited companyfounded 2015active for 11 yearsKouterstraat 124, 8650 Houthulst, BelgiumKBO/BCE: BE 0568.841.256
Summary

Craeye has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €1.1m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 57% of 9,674 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Joinery installation
NACE 43320
3rd largest company by total assets in Houthulst, Construction sector2 sites
Size
€2.3mtotal assets 2025
Staff
8.1 FTE
Equity
€1.1m
Profit
€1.1m
Turnover not published (abbreviated format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 44 days early1 of 4 deeds read
Why 87raises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2015Profit of €1.1m (financial year 2025)Equity €1.1m (49.5% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 75+49
equity 49.5% of total assets
Liquidity 38+24
short-term debt 50.5% · cash 10.7%
Profitability 100=
return on assets 48.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,571 companies, NACE 43, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.0%▼ -0.1 percentage points vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.1%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.1 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.4%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 0.4%▼ -1.0 percentage point vs 12-2025 02-2026: 0.3%▼ -0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.87, compared with 0.95 in 2024, above the usual 1.5; short-term debt: 50.5% and cash: 10.7% of total assets), but 50.5% 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 43, micro): better than 54% on solvency, 27% on liquidity, 92% on profitability and 99% on growth.

The bankruptcy probability was computed on 17-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2015
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €1.1m (financial year 2025)
NBB · annual accounts
lowers risk · Equity €1.1m (49.5% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
137 days early
2023
44 days early
2022
22 days early
2021
88 days early
2020
44 days early
2019
43 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 60 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 18 December (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end18-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Dirk CRAEYE (director)Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Equity above €1mequity €1.1m ▲5,469%

Key points

  • Positive: Equity rose in 2025from €20,460 to €1.1m ▲ 5,469% View
  • Positive: Among the best 5% on net resultsector median €27,449 · 9,666 companies €1.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1.1m 7 years View
  • A director leftlatest change 23-01-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Profit
€1.1m
Solvency
49.5%
Total assets▼ 14.4%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-01-2027
  1. 16-09-2024Annual accounts filed
  2. 30-06-2024Highest result from 2019 to 2025
  3. 18-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
19-01-2015
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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