Crankshaft.be
ActiveCrankshaft.be has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247k and a net result of €186k. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 1303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency59▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.64 in 2024; short-term debt: 28.4% and cash: 24.9% of total assets), and 66.2% 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
33.8%
Return on assets
25.5%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
12 d early
2023
7 d early
2022
9 d early
2021
18 d late
2020
11 d early
2019
51 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€247k▼ 0.4%
2024 · €248k
2018: €17k
2019: €47k
2020: €56k
2021: €68k
2022: €183k
2023: €192k
2024: €248k
2018 → 2025
Total assets
€731k▲ 13.3%
2024 · €646k
2018: €181k
2019: €314k
2020: €264k
2021: €612k
2022: €687k
2023: €659k
2024: €646k
2018 → 2025
Net result
€186k▲ 10.6%
2024 · €169k
2018: €-3k
2019: €32k
2020: €11k
2021: €13k
2022: €103k
2023: €86k
2024: €169k
2018 → 2025
Working capital
€78k▲ 25.4%
2024 · €62k
2018: €19k
2019: €31k
2020: €33k
2021: €-66k
2022: €-1k
2023: €13k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€183k▲ 169%€192k▲ 4.9%€248k▲ 29.2%€247k▼ 0.4%
Operating result€19k-€142k▲ 634%€124k▼ 12.7%€233k▲ 88.2%€271k▲ 16.3%
Net result€13k-€103k▲ 685%€86k▼ 16.9%€169k▲ 96.3%€186k▲ 10.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €731k
Fixed assets
€446k▼ 8.2%
Current assets
€285k▲ 78.5%
Equity and liabilities €731k
Equity
€247k▼ 0.4%
Debt
€484k▲ 21.8%
The debt ratio rises from 61.6% to 66.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€324k▲
2024 · €283k
Cash flow
€239k▲
2024 · €219k
Solvency
33.8%▼
2024 · 38.4%
Current ratio
1.38▼
2024 · 1.64
Quick ratio
1.23▲
2024 · 1.18
Debt / equity
1.96▲
2024 · 1.60
ROE
75.5%▲
2024 · 67.9%
ROA
25.5%▼
2024 · 26.1%
Interest coverage
15.43▼
2024 · 41.35
Debt
€484k▲
2024 · €397k
Debt ≤ 1 year
€207k▲
2024 · €98k
Debt > 1 year
€272k▼
2024 · €297k
Income taxes
€64k▲
2024 · €58k
Staff costs
€39k▼
2024 · €48k
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€646k€731k▲
Fixed assets21/28€486k€446k▼
Tangible fixed assets22/27€485k€446k▼
Land and buildings22€318k€304k▼
Plant, machinery and equipment23€164k€139k▼
Furniture and vehicles24€3k€3k▼
Financial fixed assets28€175€175=
Current assets29/58€160k€285k▲
Stocks and contracts in progress3€45k€30k▼
Stocks30/36€45k€30k▼
Amounts receivable within one year40/41€38k€74k▲
Trade receivables40€33k€71k▲
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€77k€182k▲
Equity and liabilities
Total equity and liabilities10/49€646k€731k▲
Equity10/15€248k€247k▼
Contributions10/11€60k€60k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€178k€177k▼
Amounts payable17/49€397k€484k▲
Amounts payable after more than one year17€297k€272k▼
Financial debts170/4€297k€272k▼
Amounts payable within one year42/48€98k€207k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Financial debts43€21k-
Other loans439€21k-
Trade debts44€2k€21k▲
Suppliers440/4€2k€21k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3-€10k
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€40k€144k▲
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€48k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€53k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€465-
Other operating charges640/8€9k€8k▼
Gross operating margin9900€340k€372k▲
Operating profit (loss)9901€233k€271k▲
Financial income75/76B€163€451▲
Recurring financial income75€163€451▲
Financial charges65/66B€7k€21k▲
Recurring financial charges65€7k€21k▲
Profit (loss) for the period before taxes9903€226k€250k▲
Income taxes67/77€58k€64k▲
Profit (loss) for the period9904€169k€186k▲
Profit (loss) for the period to be appropriated9905€169k€186k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178k€364k▲
Profit (loss) brought forward from the previous period14P€9k€178k▲
Transfer from equity791/2€113k-
Profit to be distributed694/7€113k€188k▲
Return on contributions (dividend)694€113k€188k▲
The notes to these accounts (9 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €186k ▲10.6%
Operating result €271k, net result €186k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €248k ▲29.2%
6 profitable years in a row build equity to €248k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €183k ▲169%
4 profitable years in a row build equity to €183k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2017
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.
Putsebaan 1922040 AntwerpenGround area
1,114 m²
Building footprint
623 m²
Volume, LiDAR
2,310 m³
Parcel 11820C0570/00L005, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Crankshaft.be
since 20172.263.079.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820C0570/00L005 | Flanders | 1,114 m² | 1 · 623 m² | 4.6 m · 1 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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Of 3,714 companies in sector 33120 we hold annual accounts for 1,341. 1,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2017
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.