CRAHAY
ActiveCRAHAY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650k and a net result of €127k. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+17
Solvency100=
Growth53=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 43.49 in 2024), and 15% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
85%
Return on assets
16.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 d late
2024
53 d late
2023
232 d late
2022
62 d late
2021
30 d late
2020
16 d late
2019
82 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€624k▲ 6.2%
2018 · €587k
2018: €587k
2018 → 2019
EBIT margin
34.9%▲ 3.4pp
2018 · 31.4%
2018: 31.4%
2018 → 2019
Net result
€127k▲ 26.9%
2024 · €100k
2018: €145k
2019: €152k
2020: €104k
2021: €85k
2022: €118k
2023: €107k
2024: €100k
2018 → 2025
Working capital
€318k▲ 21.5%
2024 · €261k
2018: €27k
2019: €90k
2020: €178k
2021: €269k
2022: €259k
2023: €65k
2024: €261k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€417k▲ 39.7%€524k▲ 25.6%€624k▲ 19.0%€650k▲ 4.3%
Operating result€108k-€150k▲ 38.8%€139k▼ 7.3%€131k▼ 5.6%€166k▲ 26.5%
Net result€85k-€118k▲ 40.1%€107k▼ 9.8%€100k▼ 6.6%€127k▲ 26.9%
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 2025; 2025 is 26% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €765k
Fixed assets
€333k▼ 8.2%
Current assets
€432k▲ 61.6%
Equity and liabilities €765k
Equity
€650k▲ 4.3%
Debt
€115k▲ 1,768%
The debt ratio rises from 1.0% to 15.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€203k▲
2024 · €170k
Cash flow
€164k▲
2024 · €138k
Solvency
85.0%▼
2024 · 99.0%
Current ratio
3.76▼
2024 · 43.49
Quick ratio
3.74▼
2024 · 42.93
Debt / equity
0.18▲
2024 · 0.01
ROE
19.5%▲
2024 · 16.0%
ROA
16.5%▲
2024 · 15.8%
Interest coverage
201.43▲
2024 · 78.18
Debt
€115k▲
2024 · €6k
Debt ≤ 1 year
€115k▲
2024 · €6k
Income taxes
€39k▲
2024 · €30k
Staff costs
€23
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€630k€765k▲
Fixed assets21/28€362k€333k▼
Tangible fixed assets22/27€362k€333k▼
Land and buildings22€328k€316k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€30k€13k▼
Current assets29/58€268k€432k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€35k€35k▲
Trade receivables40€24k€28k▲
Other amounts receivable41€11k€7k▼
Cash at bank and in hand54/58€229k€394k▲
Deferred charges and accrued income490/1€264€504▲
Equity and liabilities
Total equity and liabilities10/49€630k€765k▲
Equity10/15€624k€650k▲
Contributions10/11€19k€19k=
Reserves13€505k€505k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€503k€503k=
Profit (loss) carried forward14€100k€126k▲
Amounts payable17/49€6k€115k▲
Amounts payable within one year42/48€6k€115k▲
Trade debts44€600€479▼
Suppliers440/4€600€479▼
Taxes, remuneration and social security45€0€39k▲
Taxes450/3€0€39k▲
Other amounts payable47/48€6k€76k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€23
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€176k€208k▲
Operating profit (loss)9901€131k€166k▲
Financial income75/76B€320€400▲
Recurring financial income75€320€400▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€130k€166k▲
Income taxes67/77€30k€39k▲
Profit (loss) for the period9904€100k€127k▲
Profit (loss) for the period to be appropriated9905€100k€127k▲
Appropriation of the result
Profit (loss) to be appropriated9906€207k€226k▲
Profit (loss) brought forward from the previous period14P€107k€100k▼
Transfer to equity691/2€107k€0▼
To other reserves6921€107k€0▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
The notes to these accounts (8 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 232 days late
2024
31-12
Financial
Liquidity times 12current ratio 43.49
Current ratio from 3.70 to 43.49; short-term debt falls from €24k to €6k.
2023
31-12
Financial
Equity above €500kEq €524k ▲25.6%
6 profitable years in a row build equity to €524k.
01-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 62 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €85k ▼18.6%
Net result drops to €85k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 18.68
Current ratio from 6.01 to 18.68; short-term debt falls from €35k to €15k.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 6.01
Current ratio from 1.64 to 6.01; short-term debt falls from €140k to €35k.
31-12
Financial
Equity above €200kEq €214k ▲94.1%
3 profitable years in a row build equity to €214k.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Highest result since 2018net €152k ▲4.2%
Operating result €218k, net result €152k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲88.1%
2 profitable years in a row build equity to €110k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 1989
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 de la Sèche 2234000 LiègeGround area
461 m²
Building footprint
57 m²
Volume, LiDAR
481 m³
Parcel 62812A0607/00D000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Sèche 223, 4000 Liège
since 19892.044.735.749
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62812A0607/00D000 | Wallonia | 461 m² | 1 · 56 m² | 9.7 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.
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CMP TECHNICS
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emosS
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SIMAG CONSULT
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Of 1,806 companies in sector 42220 we hold annual accounts for 947. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-1989
Fiscal year end31-12
Activities, NACEBEL
22250
42220Construction of utility projects for electricity and telecommunications
18130Pre-press and pre-media services
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.