CREHAN ENTERPRISES
ActiveCREHAN ENTERPRISES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54k and a net result of €-40k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 44% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-9
Solvency62▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.18 in 2023; short-term debt: 36.8% and cash: 14.4% of total assets), but 63.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.9%
Return on assets
-27.3%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-40k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
54 d late
2022
67 d late
2021
78 d late
2020
25 d late
2019
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€54k▼ 42.6%
2023 · €94k
2018: €69k
2019: €46k
2020: €83k
2021: €89k
2022: €113k
2023: €94k
2018 → 2024
Total assets
€146k▼ 43.5%
2023 · €258k
2018: €186k
2019: €211k
2020: €228k
2021: €176k
2022: €211k
2023: €258k
2018 → 2024
Net result
€-40k▼ 107%
2023 · €-19k
2018: €21k
2019: €-23k
2020: €57k
2021: €6k
2022: €24k
2023: €-19k
2018 → 2024
Working capital
€34k▲ 23.3%
2023 · €28k
2018: €55k
2019: €35k
2020: €73k
2021: €82k
2022: €101k
2023: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€89k▲ 7.4%€113k▲ 27.0%€94k▼ 17.0%€54k▼ 42.6%
Operating result€47k-€12k▼ 75.0%€39k▲ 231%€-18k€-36k▼ 101%
Net result€57k-€6k▼ 89.2%€24k▲ 292%€-19k€-40k▼ 107%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2024 against €18k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€58k▼ 22.1%
Current assets
€88k▼ 52.2%
Equity and liabilities €146k
Equity
€54k▼ 42.6%
Debt
€92k▼ 44.1%
The debt ratio falls from 63.7% to 63.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-18k▼
2023 · €-10k
Cash flow
€-22k▼
2023 · €-11k
Solvency
36.9%▲
2023 · 36.3%
Current ratio
1.64▲
2023 · 1.18
Quick ratio
1.63▲
2023 · 1.18
Debt / equity
1.71▼
2023 · 1.76
ROE
-74.1%▼
2023 · -20.5%
ROA
-27.3%▼
2023 · -7.4%
Interest coverage
-4.31▲
2023 · -10.13
Debt
€92k▼
2023 · €165k
Debt ≤ 1 year
€54k▼
2023 · €156k
Debt > 1 year
€37k▲
2023 · €8k
Income taxes
€512▼
2023 · €630
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€258k€146k▼
Fixed assets21/28€74k€58k▼
Tangible fixed assets22/27€69k€53k▼
Plant, machinery and equipment23€923€813▼
Furniture and vehicles24€68k€52k▼
Other tangible fixed assets26€318€212▼
Financial fixed assets28€5k€5k=
Current assets29/58€184k€88k▼
Stocks and contracts in progress3€500€500=
Stocks30/36€500€500=
Amounts receivable within one year40/41€146k€60k▼
Trade receivables40€85k€48k▼
Other amounts receivable41€61k€12k▼
Cash at bank and in hand54/58€28k€21k▼
Deferred charges and accrued income490/1€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€258k€146k▼
Equity10/15€94k€54k▼
Contributions10/11€19k€19k=
Reserves13€90k€90k=
Distributable reserves133€90k€90k=
Profit (loss) carried forward14€-15k€-54k▼
Amounts payable17/49€165k€92k▼
Amounts payable after more than one year17€8k€37k▲
Financial debts170/4€8k€37k▲
Amounts payable within one year42/48€156k€54k▼
Current portion of amounts payable after more than one year42€2k€11k▲
Trade debts44€137k€35k▼
Suppliers440/4€137k€35k▼
Taxes, remuneration and social security45€17k€463▼
Taxes450/3€17k€463▼
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3€535€988▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€18k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€790€3k▲
Gross operating margin9900€-7k€-12k▼
Operating profit (loss)9901€-18k€-36k▼
Financial income75/76B€117€539▲
Recurring financial income75€117€539▲
Financial charges65/66B€959€4k▲
Recurring financial charges65€959€4k▲
Profit (loss) for the period before taxes9903€-19k€-39k▼
Income taxes67/77€630€512▼
Profit (loss) for the period9904€-19k€-40k▼
Profit (loss) for the period to be appropriated9905€-19k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-54k▼
Profit (loss) brought forward from the previous period14P€5k€-15k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Equity above €100kEq €113k ▲27%
3 profitable years in a row build equity to €113k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Tervuren · 2 establishment units since 2016
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.
Populierenlaan 43080 TervurenGround area
1,270 m²
Building footprint
373 m²
Volume, LiDAR
2,075 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CREHAN ENTERPRISES
since 20162.253.635.543
CREHAN ENTERPRISES
since 20222.336.526.595
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302F0075/00B003 | Flanders | 989 m² | 1 · 226 m² | 11.8 m · 2 fl. |
| 38502E0106/00A000 | Flanders | 281 m² | 1 · 147 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
B.K.S. Construction
BE 0704.789.132
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CR PROJECT
BE 1000.398.315
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GMB Construction
BE 0779.725.590
Kraainem · Eq €54k
AKS DECOR
BE 0786.824.507
Liège · Eq €54k
NGS CONSTRUCT
BE 0762.623.304
Ramillies · Eq €54k
Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
68121Development of residential building projects
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.