CRAHAY
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-10-2024, 85 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
85 d late
2022
11 d early
2021
2 d early
2020
61 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-39k
2022 · €48k
2018: €428k
2019: €31k
2020: €217k
2021: €65k
2022: €48k
2018 → 2023
Working capital
€603k▼ 3.8%
2022 · €627k
2018: €748k
2019: €846k
2020: €544k
2021: €583k
2022: €627k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€1.17M-€739k▼ 36.9%€724k▼ 2.0%€772k▲ 6.6%€985k▲ 27.6%
Operating result€42k-€284k▲ 572%€88k▼ 69.0%€69k▼ 21.8%€-28k
Net result€31k-€217k▲ 611%€65k▼ 70.1%€48k▼ 26.6%€-39k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €28k after €69k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.34M
Fixed assets
€513k ▲ 254%
Current assets
€831k ▲ 16.9%
Equity and liabilities €1.34M
Equity
€985k ▲ 27.6%
Provisions
€2k
Debt
€356k ▲ 327%
Debt's share of the balance-sheet total rises from 9.8% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▼
2022 · €151k
Cash flow
€69k▼
2022 · €129k
Current ratio
3.65▼
2022 · 8.51
Debt to equity
0.36▲
2022 · 0.11
ROE
-4.0%▼
2022 · 6.2%
ROA
-2.9%▼
2022 · 5.6%
Interest coverage
5.77▼
2022 · 66.57
Debt ≤ 1 year
€227k▲
2022 · €83k
Debt > 1 year
€129k
Income taxes
€409▼
2022 · €66k
Staff costs
€249k▲
2022 · €74k
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 · 2023 against 2022 · 63 lines
Balance sheet
Code20222023
Assets
Total assets20/58€856k€1.34M▲
Fixed assets21/28€145k€513k▲
Intangible fixed assets21€1k€603▼
Tangible fixed assets22/27€140k€511k▲
Plant, machinery and equipment23€127k€273k▲
Furniture and vehicles24€13k€52k▲
Leasing and similar rights25-€186k
Financial fixed assets28€4k€2k▼
Current assets29/58€711k€831k▲
Amounts receivable within one year40/41€187k€740k▲
Trade receivables40€176k€519k▲
Other amounts receivable41€11k€222k▲
Cash at bank and in hand54/58€511k€86k▼
Deferred charges and accrued income490/1€13k€5k▼
Equity and liabilities
Total equity and liabilities10/49€856k€1.34M▲
Equity10/15€772k€985k▲
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Revaluation surpluses12-€227k
Reserves13€9k€34k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Tax-exempt reserves132€0-
Distributable reserves133-€25k
Profit (loss) carried forward14€677k€637k▼
Provisions and deferred taxes16€0€2k▲
Provisions for liabilities and charges160/5-€2k
Other liabilities and charges164/5-€2k
Deferred taxes168€0-
Amounts payable17/49€83k€356k▲
Amounts payable after more than one year17-€129k
Financial debts170/4-€129k
Amounts payable within one year42/48€83k€227k▲
Current portion of amounts payable after more than one year42-€39k
Trade debts44€33k€102k▲
Suppliers440/4€33k€102k▲
Taxes, remuneration and social security45€51k€86k▲
Taxes450/3€41k€66k▲
Remuneration and social security454/9€9k€20k▲
Other amounts payable47/48€0-
Income statement
Code20222023
Remuneration, social security and pensions62€74k€249k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€108k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2k
Other operating charges640/8€27k€1k▼
Gross operating margin9900€252k€337k▲
Operating profit (loss)9901€69k€-28k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€2k€14k▲
Recurring financial charges65€2k€14k▲
Profit (loss) for the period before taxes9903€67k€-39k▼
Transfer from deferred taxes780€47k-
Income taxes67/77€66k€409▼
Profit (loss) for the period9904€48k€-39k▼
Transfer from tax-exempt reserves789€142k-
Profit (loss) for the period to be appropriated9905€190k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€677k€637k▼
Profit (loss) brought forward from the previous period14P€487k€677k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)9087-2.9
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 85 days late
2023
31-12
Financial
Weakest financial yearnet €-39k ▼182%
Net result drops to €-39k, the lowest in the series.
22-11
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 8.51
Current ratio from 4.18 to 8.51; short-term debt falls from €183k to €83k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 5.03
Current ratio from 1.89 to 5.03; short-term debt falls from €844k to €210k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:ENTREPRISES GENERALES LOUIS DUCHENE