CRAFTMAN
ActiveSummary
CRAFTMAN has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €9k. Its solvency ranks better than 36% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+34
Solvency55▲+12
Growth78
Track record82
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.47 in 2024; short-term debt: 70.2% and cash: 23.3% of total assets), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
29.8%
Return on assets
21%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▲ 175%
2024 · €5k
2024: €5k
2024 → 2025
Total assets
€42k▲ 68.3%
2024 · €25k
2024: €25k
2024 → 2025
Net result
€9k▲ 269%
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€-5k▲ 53.7%
2024 · €-11k
2024: €-11k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€5k-€12k▲ 175%
Operating result€3k-€12k▲ 270%
Net result€2k-€9k▲ 269%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 270% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€17k ▲ 13.6%
Current assets
€24k ▲ 158%
Equity and liabilities €42k
Equity
€12k ▲ 175%
Debt
€29k ▲ 44.5%
Debt's share of the balance-sheet total falls from 81.7% to 70.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2024 · €4k
Cash flow
€14k▲
2024 · €3k
Current ratio
0.83▲
2024 · 0.47
Quick ratio
0.66▲
2024 · 0.47
Debt to equity
2.35▼
2024 · 4.47
ROE
70.3%▲
2024 · 52.2%
ROA
21.0%▲
2024 · 9.6%
Interest coverage
621.73
Debt ≤ 1 year
€29k▲
2024 · €20k
Income taxes
€3k▲
2024 · €737
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25k€42k▲
Fixed assets21/28€15k€17k▲
Tangible fixed assets22/27€15k€17k▲
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€1k€4k▲
Current assets29/58€9k€24k▲
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€2k€10k▲
Trade receivables40€116€9k▲
Other amounts receivable41€2k€52▼
Cash at bank and in hand54/58€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€25k€42k▲
Equity10/15€5k€12k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€9k▲
Amounts payable17/49€20k€29k▲
Amounts payable within one year42/48€20k€29k▲
Trade debts44€381€14k▲
Suppliers440/4€381€14k▲
Taxes, remuneration and social security45€737€3k▲
Taxes450/3€737€3k▲
Other amounts payable47/48€19k€12k▼
Accrued charges and deferred income492/3€38€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€966€5k▲
Other operating charges640/8€149€309▲
Gross operating margin9900€4k€17k▲
Operating profit (loss)9901€3k€12k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B-€27
Recurring financial charges65-€27
Profit (loss) for the period before taxes9903€3k€11k▲
Income taxes67/77€737€3k▲
Profit (loss) for the period9904€2k€9k▲
Profit (loss) for the period to be appropriated9905€2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€10k▲
Profit (loss) brought forward from the previous period14P-€2k
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (5 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Herstal · 1 establishment unit since 2024
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.
Rue Clerbeau 1074041 HerstalGround area
1,016 m²
Building footprint
79 m²
Volume, LiDAR
584 m³
Parcel 62071B0091/00G000, Wallonia · tallest building 7.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CRAFTMAN
since 20242.365.628.278
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071B0091/00G000 | Wallonia | 1,016 m² | 1 · 79 m² | 7.9 m · 3 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.
Similar companies · same sector, comparable size
MAMIGE
BE 0799.546.452
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DS Real Estate
BE 0802.420.820
Knokke-Heist · Eq €12,460
ALIMANO
BE 1004.390.161
Herselt · Eq €12,457
A & Co Projects
BE 0761.747.928
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Prestige Construction
BE 0736.716.582
Andenne · Eq €12,449
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 10,069 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
Founded01-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.