CRAYON
ActiveSummary
CRAYON has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 88% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-7
Solvency100=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 9.07 against 4.39 in 2024; short-term debt: 10% and cash: 82.9% of total assets), and 10% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
22 d early
2023
29 d late
2022
62 d early
2021
68 d early
2020
62 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▼ 7.0%
2024 · €143k
2018: €140k
2019: €125k▼ -10.4% vs 2018lowest in 8 years
2020: €170k▲ +36.1% vs 2019highest in 8 years
2021: €160k▼ -6.2% vs 2020
2022: €135k▼ -15.4% vs 2021
2023: €147k▲ +8.4% vs 2022
2024: €143k▼ -2.4% vs 2023
2025: €133k▼ -7.0% vs 2024
2018 → 2025
Total assets
€148k▼ 16.4%
2024 · €177k
2018: €181k
2019: €216k▲ +19.0% vs 2018
2020: €236k▲ +9.5% vs 2019
2021: €240k▲ +1.3% vs 2020highest in 8 years
2022: €189k▼ -21.3% vs 2021
2023: €214k▲ +13.5% vs 2022
2024: €177k▼ -17.5% vs 2023
2025: €148k▼ -16.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€-5k
2024 · €3k
2018: €-11klowest in 8 years
2019: €1k▲ +113% vs 2018
2020: €45k▲ +2986% vs 2019highest in 8 years
2021: €-2k▼ -103% vs 2020
2022: €-8k▼ -401% vs 2021
2023: €20k▲ +367% vs 2022
2024: €3k▼ -87.6% vs 2023
2025: €-5k▼ -303% vs 2024
2018 → 2025
Working capital
€119k▲ 4.5%
2024 · €114k
2018: €120k
2019: €102k▼ -14.8% vs 2018lowest in 8 years
2020: €150k▲ +46.0% vs 2019highest in 8 years
2021: €126k▼ -15.8% vs 2020
2022: €104k▼ -17.2% vs 2021
2023: €112k▲ +7.7% vs 2022
2024: €114k▲ +1.2% vs 2023
2025: €119k▲ +4.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€135k▼ 15.4%€147k▲ 8.4%€143k▼ 2.4%€133k▼ 7.0%
2021: €160khighest in 5 years
2022: €135k▼ -15.4% vs 2021
2023: €147k▲ +8.4% vs 2022
2024: €143k▼ -2.4% vs 2023
2025: €133k▼ -7.0% vs 2024lowest in 5 years
Operating result€3k-€-3k€34k€7k▼ 78.4%€-4k
2021: €3k
2022: €-3k▼ -203% vs 2021
2023: €34k▲ +1128% vs 2022highest in 5 years
2024: €7k▼ -78.4% vs 2023
2025: €-4k▼ -150% vs 2024lowest in 5 years
Net result€-2k-€-8k▼ 401%€20k€3k▼ 87.6%€-5k
2021: €-2k
2022: €-8k▼ -401% vs 2021lowest in 5 years
2023: €20k▲ +367% vs 2022highest in 5 years
2024: €3k▼ -87.6% vs 2023
2025: €-5k▼ -303% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€14k ▼ 51.5%
Current assets
€133k ▼ 9.3%
Equity and liabilities €148k
Equity
€133k ▼ 7.0%
Debt
€15k ▼ 56.1%
Debt's share of the balance-sheet total falls from 19.0% to 10.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €22k
Cash flow
€8k▼
2024 · €17k
Current ratio
9.07▲
2024 · 4.39
Debt to equity
0.11▼
2024 · 0.23
ROE
-3.8%▼
2024 · 1.7%
ROA
-3.4%▼
2024 · 1.4%
Interest coverage
13.86▼
2024 · 29.21
Debt ≤ 1 year
€15k▼
2024 · €34k
Income taxes
€1k▼
2024 · €5k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€177k€148k▼
Fixed assets21/28€30k€14k▼
Tangible fixed assets22/27€29k€14k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€23k€10k▼
Financial fixed assets28€200€200=
Current assets29/58€147k€133k▼
Amounts receivable within one year40/41€197€9k▲
Trade receivables40€197€9k▲
Cash at bank and in hand54/58€144k€122k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€177k€148k▼
Equity10/15€143k€133k▼
Contributions10/11€6k€6k=
Reserves13€137k€132k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€135k€130k▼
Profit (loss) carried forward14-€-5k
Amounts payable17/49€34k€15k▼
Amounts payable within one year42/48€34k€15k▼
Current portion of amounts payable after more than one year42€10k-
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€15k€9k▼
Other amounts payable47/48€330€4k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€1k€896▼
Gross operating margin9900€23k€10k▼
Operating profit (loss)9901€7k€-4k▼
Financial income75/76B€888€510▼
Recurring financial income75€888€510▼
Financial charges65/66B€751€648▼
Recurring financial charges65€751€648▼
Profit (loss) for the period before taxes9903€8k€-4k▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€3k€-5k▼
Profit (loss) for the period to be appropriated9905€3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-5k▼
Transfer from equity791/2€6k€5k▼
Transfer to equity691/2€3k-
To other reserves6921€3k-
Profit to be distributed694/7€6k€5k▼
Return on contributions (dividend)694€6k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €431 | - | - | - | €4k | - |
| Remuneration, social security and pensions62 | €77 | - | €637 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €15k | €16k | €14k | €13k | ▼ 12.5% |
| Other operating charges640/8 | €1k | €974 | €2k | €1k | €896 | ▼ 24.6% |
| Non-recurring operating charges66A | - | €188 | - | - | - | - |
| Gross operating margin9900 | €13k | €13k | €53k | €23k | €10k | ▼ 57.3% |
| Operating profit (loss)9901 | €3k | €-3k | €34k | €7k | €-4k | ▼ 150% |
| Financial income75/76B | €38 | - | €12 | €888 | €510 | ▼ 42.6% |
| Recurring financial income75 | €38 | - | €12 | €888 | €510 | ▼ 42.6% |
| Financial charges65/66B | €940 | €3k | €812 | €751 | €648 | ▼ 13.7% |
| Recurring financial charges65 | €940 | €3k | €812 | €751 | €648 | ▼ 13.7% |
| Profit (loss) for the period before taxes9903 | €2k | €-6k | €34k | €8k | €-4k | ▼ 151% |
| Income taxes67/77 | €4k | €1k | €13k | €5k | €1k | ▼ 75.8% |
| Profit (loss) for the period9904 | €-2k | €-8k | €20k | €3k | €-5k | ▼ 303% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-8k | €20k | €3k | €-5k | ▼ 303% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €240k | €189k | €214k | €177k | €148k | ▼ 16.4% |
| Fixed assets21/28 | €66k | €52k | €44k | €30k | €14k | ▼ 51.5% |
| Tangible fixed assets22/27 | €66k | €52k | €44k | €29k | €14k | ▼ 51.8% |
| Land and buildings22 | €3k | €2k | €2k | €2k | €1k | ▼ 19.4% |
| Plant, machinery and equipment23 | €9k | €8k | €6k | €5k | €3k | ▼ 37.5% |
| Furniture and vehicles24 | €54k | €41k | €36k | €23k | €10k | ▼ 56.8% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €174k | €137k | €170k | €147k | €133k | ▼ 9.3% |
| Amounts receivable within one year40/41 | €13k | €6k | €197 | €197 | €9k | ▲ 4,459% |
| Trade receivables40 | €5k | €746 | €197 | €197 | €9k | ▲ 4,459% |
| Other amounts receivable41 | €8k | €5k | - | - | - | - |
| Cash at bank and in hand54/58 | €159k | €129k | €167k | €144k | €122k | ▼ 15.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | €3k | €3k | €2k | ▼ 24.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €240k | €189k | €214k | €177k | €148k | ▼ 16.4% |
| Equity10/15 | €160k | €135k | €147k | €143k | €133k | ▼ 7.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €169k | €152k | €140k | €137k | €132k | ▼ 3.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €167k | €150k | €139k | €135k | €130k | ▼ 3.7% |
| Profit (loss) carried forward14 | €-15k | €-23k | - | - | €-5k | - |
| Amounts payable17/49 | €80k | €53k | €68k | €34k | €15k | ▼ 56.1% |
| Amounts payable after more than one year17 | €32k | €21k | €10k | - | - | - |
| Financial debts170/4 | €32k | €21k | €10k | - | - | - |
| Amounts payable within one year42/48 | €48k | €32k | €58k | €34k | €15k | ▼ 56.1% |
| Current portion of amounts payable after more than one year42 | €11k | €11k | €12k | €10k | - | - |
| Trade debts44 | €3k | €10k | €30k | €9k | €2k | ▼ 80.5% |
| Suppliers440/4 | €3k | €10k | €30k | €9k | €2k | ▼ 80.5% |
| Taxes, remuneration and social security45 | €33k | €11k | €15k | €15k | €9k | ▼ 35.4% |
| Taxes450/3 | €33k | €11k | €15k | €15k | €9k | ▼ 35.4% |
| Other amounts payable47/48 | €157 | €1k | €736 | €330 | €4k | ▲ 974% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-8k | €20k | €3k | €-5k | ▼ 303% |
| + Depreciation and write-downs630 | €9k | €15k | €16k | €14k | €13k | ▼ 12.5% |
| Operating cash flow (approximation) | €7k | €8k | €36k | €17k | €8k | ▼ 55.2% |
| Investment in fixed assets (approximation) | - | €-1k | €-8k | €0 | €3k | - |
| Change in cash | - | €-30k | €39k | €-23k | €-22k | ▲ 5.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 9.07
Current ratio from 4.39 to 9.07; short-term debt falls from €34k to €15k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
31-12
Financial
Highest result since 2018net €45k ▲2,986%
Operating result €78k, net result €45k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲36.1%
2 profitable years in a row build equity to €170k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
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.
0 of 3 acts read
About the unread acts
We know of 3 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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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, Ieper · 1 establishment unit since 1992
Ground area
910 m²
Building footprint
362 m²
Volume, LiDAR
2,272 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Crayon
since 19922.056.869.558
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33302A0069/00X000 | Flanders | 747 m² | 1 · 198 m² | 7.1 m · 2 fl. |
| 33302A0069/00P000 | Flanders | 163 m² | 1 · 163 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,989 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
18130Pre-press and pre-media services
59113Video and film production, excluding cinema and television films
71112Activities of interior architects
71113Urban planning and landscape architecture
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74120Graphic design and visual communication
Scores and ratios are computed by Checked and are not a credit decision.