CRAFT IT

Active

Private limited companyfounded 20224 yrs activeLouizalaan 231, 1050 Brussel, BelgiumKBO/BCE: BE 0787.711.462

Summary

CRAFT IT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.70M and a net result of €719k. Equity is growing by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

77 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability90▼-10

Solvency90▲+2

Growth78=

Track record94

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €200k at 30 days acceptable

Liquidity ample (current ratio 2.34 against 2.85 in 2024; short-term debt: 28.2% and cash: 21.9% of total assets), and 35.1% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

64.9%

Return on assets

17.3%

Age of the figures

9 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

19 d early

2024

7 d early

2023

40 d early

2022

41 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€719k▼ 42.5%

2024 · €1.25M

2022: €409k 2023: €1.46M 2024: €1.25M

2022 → 2025

Working capital

€1.57M▼ 40.4%

2024 · €2.64M

2022: €555k 2023: €1.68M 2024: €2.64M

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€438k-€1.90M▲ 334%€3.15M▲ 65.8%€2.70M▼ 14.2%

Operating result€538k-€1.95M▲ 263%€1.63M▼ 16.7%€926k▼ 43.0%

Net result€409k-€1.46M▲ 258%€1.25M▼ 14.6%€719k▼ 42.5%

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 43% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.16M

34.0%

66.0%

Fixed assets €1.42M ▲ 54.2%

Current assets €2.75M ▼ 32.4%

Equity and liabilities €4.16M

64.9%

35.1%

Equity €2.70M ▼ 14.2%

Debt €1.46M ▼ 20.2%

Debt's share of the balance-sheet total falls from 36.8% to 35.1%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.15M▼

2024 · €1.72M

Cash flow

€947k▼

2024 · €1.34M

Current ratio

2.34▼

2024 · 2.85

Debt to equity

0.54▼

2024 · 0.58

ROE

26.6%▼

2024 · 39.6%

ROA

17.3%▼

2024 · 25.1%

Interest coverage

85.04▼

2024 · 273.20

Debt ≤ 1 year

€1.17M▼

2024 · €1.42M

Debt > 1 year

€141k▼

2024 · €168k

Income taxes

€239k▼

2024 · €404k

Staff costs

€1.40M▲

2024 · €972k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.98M€4.16M▼

Fixed assets21/28€919k€1.42M▲

Intangible fixed assets21€653k€989k▲

Tangible fixed assets22/27€266k€428k▲

Furniture and vehicles24€232k€213k▼

Other tangible fixed assets26€34k€214k▲

Financial fixed assets28€200€200=

Current assets29/58€4.06M€2.75M▼

Amounts receivable after more than one year29€141k€141k=

Other amounts receivable291€141k€141k=

Amounts receivable within one year40/41€647k€1.66M▲

Trade receivables40€592k€1.59M▲

Other amounts receivable41€56k€65k▲

Current investments50/53€1.70M€0▼

Cash at bank and in hand54/58€1.55M€913k▼

Deferred charges and accrued income490/1€25k€32k▲

Equity and liabilities

Total equity and liabilities10/49€4.98M€4.16M▼

Equity10/15€3.15M€2.70M▼

Contributions10/11€30k€30k=

Reserves13€1.42M€1.42M=

Tax-exempt reserves132€421k€421k=

Distributable reserves133€1.00M€1.00M=

Profit (loss) carried forward14€1.70M€1.17M▼

Investment grants15-€83k

Amounts payable17/49€1.83M€1.46M▼

Amounts payable after more than one year17€168k€141k▼

Financial debts170/4€168k€141k▼

Amounts payable within one year42/48€1.42M€1.17M▼

Current portion of amounts payable after more than one year42€26k€27k▲

Trade debts44€519k€990k▲

Suppliers440/4€519k€990k▲

Taxes, remuneration and social security45€879k€157k▼

Taxes450/3€781k€29k▼

Remuneration and social security454/9€98k€128k▲

Accrued charges and deferred income492/3€240k€147k▼

Income statement Code20242025

Non-recurring operating income76A-€0

Remuneration, social security and pensions62€972k€1.40M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€229k▲

Other operating charges640/8-€998

Non-recurring operating charges66A-€140

Gross operating margin9900€2.69M€2.56M▼

Operating profit (loss)9901€1.63M€926k▼

Financial income75/76B€33k€45k▲

Recurring financial income75€33k€45k▲

Financial charges65/66B€6k€14k▲

Recurring financial charges65€6k€14k▲

Non-recurring financial charges66B€0€1▲

Profit (loss) for the period before taxes9903€1.65M€957k▼

Income taxes67/77€404k€239k▼

Profit (loss) for the period9904€1.25M€719k▼

Transfer to tax-exempt reserves689€421k€0▼

Profit (loss) for the period to be appropriated9905€828k€719k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.70M€2.42M▲

Profit (loss) brought forward from the previous period14P€871k€1.70M▲

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7-€1.25M

Return on contributions (dividend)694-€1.25M

Social balance

Average headcount (FTE)908712.015.8▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

12-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Equity above €2MEq €3.15M ▲65.8%

3 profitable years in a row build equity to €3.15M.

21-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Highest result since 2022net €1.46M ▲258%

Operating result €1.95M, net result €1.46M, both a record.

31-12

Financial Equity above €1MEq €1.90M ▲334%

2 profitable years in a row build equity to €1.90M.

20-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Brussel · 2 establishment units since 2022

establishment All 2 establishment units on the map

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.

Louizalaan 2311050 Brussel

Ground area

6,306 m²

Building footprint

4,209 m²

Volume, LiDAR

90,305 m³

2 parcels, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.

2 establishment units

CRAFT IT

Louizalaan 231, 1050 ElseneOther software publishing

since 20222.333.170.791

Herfststraat 24, 1050 Elsene

Other software publishing

since 20252.369.666.052

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0131/00T000	Brussels	5,672 m²	1 · 3,878 m²	45.8 m · 8 fl.
21445C0229/02S007	Brussels	635 m²	1 · 331 m²	18.8 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-06-2022

Fiscal year end31-12

Activities, NACEBEL 2025

62900Other information technology and computer services

62100Computer programming

58290Other software publishing

62200Computer consultancy and computer facilities management

63920Other information service activities

70200Business and other management consultancy

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.