Craeynest
ActiveCraeynest has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187k and a net result of €47k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+4
Solvency63▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.55 in 2023; short-term debt: 62% and cash: 11.9% of total assets), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d late
2023
7 d early
2022
19 d late
2021
29 d late
2020
48 d late
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€187k▲ 21.3%
2023 · €154k
2018: €67k
2019: €67k
2020: €88k
2021: €113k
2022: €140k
2023: €154k
2018 → 2024
Total assets
€493k▲ 16.1%
2023 · €425k
2018: €200k
2019: €248k
2020: €316k
2021: €291k
2022: €361k
2023: €425k
2018 → 2024
Net result
€47k▲ 62.1%
2023 · €29k
2018: €15k
2019: €15k
2020: €26k
2021: €25k
2022: €27k
2023: €29k
2018 → 2024
Working capital
€165k▲ 10.4%
2023 · €149k
2018: €39k
2019: €41k
2020: €66k
2021: €96k
2022: €129k
2023: €149k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€88k-€113k▲ 28.7%€140k▲ 23.8%€154k▲ 10.5%€187k▲ 21.3%
Operating result€35k-€37k▲ 6.6%€43k▲ 16.8%€42k▼ 2.0%€59k▲ 38.5%
Net result€26k-€25k▼ 3.0%€27k▲ 6.8%€29k▲ 8.9%€47k▲ 62.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 39% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €493k
Fixed assets
€23k▲ 335%
Current assets
€471k▲ 12.2%
Equity and liabilities €493k
Equity
€187k▲ 21.3%
Debt
€306k▲ 13.2%
The debt ratio falls from 63.6% to 62.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2023 · €48k
Cash flow
€53k▲
2023 · €35k
Solvency
38.0%▲
2023 · 36.4%
Current ratio
1.54▼
2023 · 1.55
Quick ratio
1.54▼
2023 · 1.55
Debt / equity
1.63▼
2023 · 1.75
ROE
25.3%▲
2023 · 19.0%
ROA
9.6%▲
2023 · 6.9%
Interest coverage
132.89▲
2023 · 95.05
Debt
€306k▲
2023 · €270k
Debt ≤ 1 year
€306k▲
2023 · €270k
Income taxes
€25k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€425k€493k▲
Fixed assets21/28€5k€23k▲
Tangible fixed assets22/27€4k€22k▲
Land and buildings22€341€907▲
Plant, machinery and equipment23€3k€20k▲
Furniture and vehicles24€674€1k▲
Financial fixed assets28€810€810=
Current assets29/58€419k€471k▲
Amounts receivable within one year40/41€19k€21k▲
Trade receivables40€19k€19k▼
Other amounts receivable41€10€3k▲
Current investments50/53€330k€390k▲
Cash at bank and in hand54/58€70k€59k▼
Deferred charges and accrued income490/1€806€756▼
Equity and liabilities
Total equity and liabilities10/49€425k€493k▲
Equity10/15€154k€187k▲
Contributions10/11€19k€19k=
Reserves13€131k€163k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€129k€162k▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€270k€306k▲
Amounts payable within one year42/48€270k€306k▲
Trade debts44€243k€252k▲
Suppliers440/4€243k€252k▲
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€19k€36k▲
Other amounts payable47/48€9k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€50k€66k▲
Operating profit (loss)9901€42k€59k▲
Financial income75/76B€4k€15k▲
Recurring financial income75€4k€15k▲
Financial charges65/66B€504€481▼
Recurring financial charges65€504€481▼
Profit (loss) for the period before taxes9903€46k€73k▲
Income taxes67/77€17k€25k▲
Profit (loss) for the period9904€29k€47k▲
Profit (loss) for the period to be appropriated9905€29k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€53k▲
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer from equity791/2€15k€15k▼
Transfer to equity691/2€29k€47k▲
To other reserves6921€29k€47k▲
Profit to be distributed694/7€15k€15k▼
Return on contributions (dividend)694€15k€15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Highest result since 2018net €47k ▲62.1%
Operating result €59k, net result €47k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €154k ▲10.5%
6 profitable years in a row build equity to €154k.
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €100kEq €113k ▲28.7%
4 profitable years in a row build equity to €113k.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €15k ▼0.8%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
17-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wevelgem · 1 establishment unit since 1983
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.
Kortrijkstraat 2398560 WevelgemGround area
1,375 m²
Building footprint
210 m²
Volume, LiDAR
1,299 m³
Parcel 34302B0850/00A017, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kortrijkstraat 239, 8560 Wevelgem
since 19832.022.125.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0850/00A017 | Flanders | 1,375 m² | 1 · 210 m² | 11.5 m · 2 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 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,683 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-1983
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 42 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.