Crankit
ActiveCrankit has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169k and a net result of €53k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 2934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-18
Solvency54▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.82 in 2023; short-term debt: 58.5% and cash: 3.6% of total assets), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
29 d late
2022
29 d late
2021
26 d late
2020
59 d late
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€169k▲ 24.0%
2023 · €137k
2019: €100k
2020: €112k
2021: €126k
2022: €129k
2023: €137k
2019 → 2024
Total assets
€592k▲ 6.8%
2023 · €554k
2019: €444k
2020: €428k
2021: €539k
2022: €558k
2023: €554k
2019 → 2024
Net result
€53k▼ 58.8%
2023 · €128k
2019: €-5k
2020: €12k
2021: €135k
2022: €27k
2023: €128k
2019 → 2024
Working capital
€-27k▲ 57.3%
2023 · €-63k
2019: €43k
2020: €37k
2021: €-14k
2022: €-40k
2023: €-63k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€112k-€126k▲ 13.1%€129k▲ 1.9%€137k▲ 6.2%€169k▲ 24.0%
Operating result€19k-€142k▲ 667%€32k▼ 77.4%€136k▲ 323%€55k▼ 59.4%
Net result€12k-€135k▲ 1,056%€27k▼ 79.7%€128k▲ 367%€53k▼ 58.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 59% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €592k
Fixed assets
€273k▼ 0.3%
Current assets
€319k▲ 13.7%
Equity and liabilities €592k
Equity
€169k▲ 24.0%
Debt
€422k▲ 1.2%
The debt ratio falls from 75.3% to 71.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▼
2023 · €136k
Cash flow
€53k▼
2023 · €128k
Solvency
28.6%▲
2023 · 24.7%
Current ratio
0.92▲
2023 · 0.82
Quick ratio
0.92▲
2023 · 0.82
Debt / equity
2.49▼
2023 · 3.06
ROE
31.2%▼
2023 · 93.7%
ROA
8.9%▼
2023 · 23.1%
Interest coverage
40.41▲
2023 · 26.38
Debt
€422k▲
2023 · €417k
Debt ≤ 1 year
€346k▲
2023 · €343k
Debt > 1 year
€76k▲
2023 · €74k
Income taxes
€8k▲
2023 · €3k
Staff costs
€347▼
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€554k€592k▲
Fixed assets21/28€273k€273k▼
Tangible fixed assets22/27€130€0▼
Furniture and vehicles24€130€0▼
Financial fixed assets28€273k€273k▼
Current assets29/58€281k€319k▲
Amounts receivable within one year40/41€263k€296k▲
Trade receivables40€167k€203k▲
Other amounts receivable41€96k€93k▼
Cash at bank and in hand54/58€17k€21k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€554k€592k▲
Equity10/15€137k€169k▲
Contributions10/11€105k€105k=
Reserves13€32k€65k▲
Distributable reserves133€32k€65k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€417k€422k▲
Amounts payable after more than one year17€74k€76k▲
Financial debts170/4€73k€41k▼
Other amounts payable178/9€1k€35k▲
Amounts payable within one year42/48€343k€346k▲
Current portion of amounts payable after more than one year42€31k€31k▲
Financial debts43€0-
Other loans439€0-
Trade debts44€160k€287k▲
Suppliers440/4€160k€287k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€146k€21k▼
Income statement
Code20232024
Remuneration, social security and pensions62€18k€347▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145€130▼
Other operating charges640/8€816€678▼
Gross operating margin9900€154k€56k▼
Operating profit (loss)9901€136k€55k▼
Financial income75/76B€278€7k▲
Recurring financial income75€278€7k▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€131k€61k▼
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€128k€53k▼
Profit (loss) for the period to be appropriated9905€128k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€53k▼
Transfer to equity691/2€8k€33k▲
To contributions691€8k€0▼
To the legal reserve6920-€33k
Profit to be distributed694/7€120k€20k▼
Directors or managers695€120k€20k▼
Social balance
Average headcount (FTE)90870.80.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €169k ▲24%
5 profitable years in a row build equity to €169k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Highest result since 2019net €135k ▲1056%
Operating result €142k, net result €135k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Equity above €100kEq €112k ▲11.6%
Equity rises from €100k to €112k.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Destelbergen · 1 establishment unit since 2018
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.
Koedreef 29070 DestelbergenGround area
5,237 m²
Building footprint
4,345 m²
Volume, LiDAR
25,323 m³
Parcel 44013B0505/00T007, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Crankit
since 20182.276.653.742
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0505/00T007 | Flanders | 5,237 m² | 1 · 4,345 m² | 8.6 m · 2 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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ELiSa, Réviseur d'Entreprises
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CAPE CONSULTING
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Of 944 companies in sector 69203 we hold annual accounts for 660. 538 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2018
Fiscal year end31-12
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.