CRANINX
ActiveThe file of CRANINX contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 1.3% (low). The 2025 annual accounts show equity of €20,619 and a net result of -€8,565. Equity has been shrinking by about 9.4% per year since 2018. Its solvency ranks better than 35% of 34,954 sector peers (NACE 43, financial year 2025).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-11-2000 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Establishment unit
- 2.116.192.382 3891 Gingelom, since 05-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 18-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- €73,078
- ▼ 1.8%
- Turnover
- ≈ €370,000
- estimated
- Loss
- €8,565
- Equity
- €20,619
- ▼ 29.3%
- Total assets
- €62,455
- ▼ 19.1%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskLoss of €8,565 (financial year 2025)Liquidity: current ratio 0.64lowers riskSize: total assets €62,455Founded in 2000Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 35% of them on solvency, 30% on liquidity, 16% on profitability and 14% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 25 filings
Every figure per financial year
The operating result for 2025 is a loss of €5,973, after a profit of €4,208 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | 0 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1.1 | 1 | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 1 | - | - | - | - |
| Left | 1 | - | - | - | - |
| Training hours | 0 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,233 | €31,481 | €2,067 | €4,106 | €1,074 |
| Financial fixed assets | - | - | - | €5 | - |
| Depreciation and write-downs of the year | €12,660 | €10,848 | €13,992 | €13,686 | €14,048 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €1,800 | - |
| Remuneration, social security and pensions62 | - | - | - | €52,139 | €52,035 | €58,182 | €54,091 | €62,808 | ▲ 16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,882 | €10,388 | €10,357 | €12,660 | €10,848 | €13,992 | €13,686 | €14,048 | ▲ 2.6% |
| Other operating charges640/8 | - | - | - | €1,323 | €1,745 | €2,512 | €2,397 | €2,195 | ▼ 8.4% |
| Gross operating margin9900 | €82,911 | €59,236 | €82,533 | €46,076 | €59,668 | €79,542 | €74,382 | €73,078 | ▼ 1.8% |
| Operating profit (loss)9901 | €20,946 | -€3,533 | €17,679 | -€20,046 | -€4,960 | €4,856 | €4,208 | -€5,973 | - |
| Financial income75/76B | - | - | - | - | - | - | €7 | €2 | ▼ 71.4% |
| Recurring financial income75 | - | €126 | - | - | - | - | €7 | €2 | ▼ 71.4% |
| Financial charges65/66B | - | - | - | €1,638 | €1,747 | €2,695 | €2,107 | €2,357 | ▲ 11.9% |
| Recurring financial charges65 | €1,287 | €843 | €1,079 | €1,638 | €1,747 | €2,695 | €2,107 | €2,357 | ▲ 11.9% |
| Profit (loss) for the period before taxes9903 | €19,659 | -€4,250 | €16,600 | -€21,684 | -€6,707 | €2,161 | €2,108 | -€8,328 | - |
| Income taxes67/77 | €1,920 | €142 | €134 | €126 | €134 | €146 | €152 | €237 | ▲ 55.9% |
| Profit (loss) for the period9904 | €17,739 | -€4,392 | €16,466 | -€21,810 | -€6,841 | €2,015 | €1,956 | -€8,565 | - |
| Profit (loss) for the period to be appropriated9905 | €17,739 | -€4,392 | €16,466 | -€21,810 | -€6,841 | €2,015 | €1,956 | -€8,565 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €82,332 | €68,095 | €117,270 | €90,540 | €109,920 | €83,317 | €77,203 | €62,455 | ▼ 19.1% |
| Fixed assets21/28 | €22,888 | €16,895 | €58,848 | €53,421 | €74,054 | €62,129 | €52,554 | €39,580 | ▼ 24.7% |
| Tangible fixed assets22/27 | €22,838 | €16,095 | €58,048 | €52,621 | €73,254 | €61,329 | €51,749 | €38,775 | ▼ 25.1% |
| Plant, machinery and equipment23 | - | - | - | €11,127 | €14,023 | €11,378 | €8,210 | €5,170 | ▼ 37.0% |
| Furniture and vehicles24 | - | - | - | €557 | €25,117 | €22,660 | €23,070 | €19,959 | ▼ 13.5% |
| Leasing and similar rights25 | - | - | - | €40,937 | €34,114 | €27,291 | €20,469 | €13,646 | ▼ 33.3% |
| Financial fixed assets28 | €50 | €800 | €800 | €800 | €800 | €800 | €805 | €805 | = |
| Current assets29/58 | €59,444 | €51,200 | €58,422 | €37,119 | €35,866 | €21,188 | €24,649 | €22,875 | ▼ 7.2% |
| Stocks and contracts in progress3 | - | - | - | - | - | €4,922 | - | - | - |
| Stocks30/36 | - | - | - | - | - | €4,922 | - | - | - |
| Amounts receivable within one year40/41 | €46,034 | €32,380 | €16,261 | €25,109 | €23,679 | €12,613 | €16,392 | €21,024 | ▲ 28.3% |
| Trade receivables40 | - | - | - | €22,788 | €18,421 | €9,698 | €13,048 | €19,101 | ▲ 46.4% |
| Other amounts receivable41 | - | - | - | €2,321 | €5,258 | €2,915 | €3,344 | €1,923 | ▼ 42.5% |
| Cash at bank and in hand54/58 | €32 | €11,808 | €8,656 | €4,360 | €6 | €6 | €3,382 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €7,650 | €12,181 | €3,647 | €4,875 | €1,851 | ▼ 62.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €82,332 | €68,095 | €117,270 | €90,540 | €109,920 | €83,317 | €77,203 | €62,455 | ▼ 19.1% |
| Equity10/15 | €41,790 | €37,398 | €53,864 | €32,054 | €25,213 | €27,228 | €29,184 | €20,619 | ▼ 29.3% |
| Contributions10/11 | €6,250 | €6,250 | - | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Reserves13 | €35,540 | €35,540 | €47,614 | €47,614 | €47,614 | €47,614 | €47,614 | €47,614 | = |
| Non-distributable reserves130/1 | - | - | - | €1,875 | €1,875 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,875 | €1,875 | - | - | - | - |
| Distributable reserves133 | - | - | - | €45,739 | €45,739 | €47,614 | €47,614 | €47,614 | = |
| Profit (loss) carried forward14 | - | -€4,392 | - | -€21,810 | -€28,651 | -€26,636 | -€24,680 | -€33,245 | ▼ 34.7% |
| Amounts payable17/49 | €40,542 | €30,697 | €63,406 | €58,486 | €84,707 | €56,089 | €48,019 | €41,836 | ▼ 12.9% |
| Amounts payable after more than one year17 | €3,792 | - | €40,205 | €33,604 | €38,784 | €25,228 | €13,086 | €6,001 | ▼ 54.1% |
| Financial debts170/4 | - | - | - | €33,604 | €38,784 | €25,228 | €13,086 | €6,001 | ▼ 54.1% |
| Amounts payable within one year42/48 | €36,750 | €30,697 | €23,201 | €24,882 | €45,923 | €30,861 | €34,933 | €35,835 | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,055 | €12,670 | €12,991 | €11,567 | €6,499 | ▼ 43.8% |
| Financial debts43 | - | - | - | - | €5,374 | €210 | - | €6,054 | - |
| Credit institutions430/8 | - | - | - | - | €5,374 | €210 | - | €6,054 | - |
| Trade debts44 | €20,644 | €22,896 | €13,155 | €13,705 | €20,879 | €8,571 | €14,332 | €14,036 | ▼ 2.1% |
| Suppliers440/4 | - | - | - | €13,705 | €20,879 | €8,571 | €14,332 | €14,036 | ▼ 2.1% |
| Taxes, remuneration and social security45 | - | - | - | €4,560 | €6,935 | €8,364 | €6,279 | €7,186 | ▲ 14.4% |
| Taxes450/3 | - | - | - | €3,501 | €3,510 | €4,396 | €4,046 | €3,937 | ▼ 2.7% |
| Remuneration and social security454/9 | - | - | - | €1,059 | €3,425 | €3,968 | €2,233 | €3,249 | ▲ 45.5% |
| Other amounts payable47/48 | - | - | - | €562 | €65 | €725 | €2,755 | €2,060 | ▼ 25.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,739 | -€4,392 | €16,466 | -€21,810 | -€6,841 | €2,015 | €1,956 | -€8,565 | - |
| + Depreciation and write-downs630 | €9,882 | €10,388 | €10,357 | €12,660 | €10,848 | €13,992 | €13,686 | €14,048 | ▲ 2.6% |
| Operating cash flow (approximation) | €27,621 | €5,996 | €26,823 | -€9,150 | €4,007 | €16,007 | €15,642 | €5,483 | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | -€4,395 | -€52,310 | -€7,233 | -€31,481 | -€2,067 | -€4,111 | -€1,074 | ▲ 73.9% |
| Change in cash | - | €11,776 | -€3,152 | -€4,296 | -€4,354 | €0 | €3,376 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,831 companies had the same profile as CRANINX has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CRANINX itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for CRANINX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00190173 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00211611 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00189997 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00176028 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20143216 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-26400522 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21800315 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41000047 | |
| 31-12-2017 | micro format | 18-06-2018 | 2018-19800390 | |
| 31-12-2016 | micro format | 06-07-2017 | 2017-28400442 |
Board & ownership
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr. Engelen Victor, Herebaan-Oost 3/1, te 3530 Houthalen |
26-01-2006 → 02-03-2006 |
Owners and capital
Capital transactions
- 18-10-2023 Converted to unavailable equity
- 18-10-2023 Capital reduction of €12,350 · volledig schrappen eigen vermogensrekening niet-opgevraagde inbrengen
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CRANINX Gunter Jozef Victor |
|
| CRANINX François Ferdinand Joseph |
|
Network & group
CRANINX shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of CRANINX. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-10
Gazette deed
Capital decrease of €12,350Resignation: CRANINX François Ferdinand Joseph (director) · Reappointment: CRANINX Gunter Jozef Victor (director) · Incorporation13 points ▸
- General meeting, 13-10-2023
- Incorporation, 09-11-2000
- Other provision, “statuten nadien niet gewijzigd, statuten nadien niet meer gewijzigd werden” (deed in Dutch)
- Legal form clause, “behouden, eenparigheid van stemmen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital decrease, €12,350
- Amendment of the articles
- Power of attorney, Frank WILSENS
- Director resignation, CRANINX François Ferdinand Joseph (director)
- Director discharge, CRANINX François Ferdinand Joseph
- Director reappointment, CRANINX Gunter Jozef Victor (director (not named in the articles))
- Director discharge, CRANINX Gunter Jozef Victor
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
CRANINX was incorporated on 22 November 2000.1 CRANINX Gunter Jozef Victor is director of the company according to the act of 18-10-2023.2 Total assets fell from €82,332 in 2018 to €62,455 in 2025 and headcount from 1.1 to 1 full-time equivalents.3 On 26 January 2006 the company was declared bankrupt.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0473.320.408
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71039A0216/00C000 | Flanders | 770 m² | 1 · 199 m² | 7.6 m · 2 |