CRESPO
InactiveCRESPO was declared bankrupt on 18-07-2024 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed for insufficient assets by judgment of 16-04-2025, published in the Belgian State Gazette on 23-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-06-2024, 333 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
333 d late
2021
29 d late
2020
5 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
€-25k
2021 · €640
Total assets
€39k▲ 4,130%
2021 · €933
Net result
€-26k▼ 2,644%
2021 · €-940
Working capital
€-46k
2021 · €640
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result€-5k-€-907▲ 81.1%€-25k▼ 2,615%
Net result€-5k-€-940▲ 80.5%€-26k▼ 2,644%
Equity€2k-€640▼ 59.5%€-25k
Total assets€5k-€933▼ 81.5%€39k▲ 4,130%
Debt€3k-€292▼ 91.6%€65k▲ 22,012%
Working capital€2k-€640▼ 59.5%€-46k
Staff (FTE)2.1
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 €25k in 2022 against €907 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
Assets €39k
Fixed assets
€30k
Current assets
€10k
Key figures and ratios
EBITDA
€-21k
Cash flow
€-23k
Solvency
-63.8%
Current ratio
0.17
Quick ratio
0.15
Debt to equity
-2.57
ROA
-65.4%
Interest coverage
-18.35
Debt ≤ 1 year
€56k▲
2021 · €292
Debt > 1 year
€7k
Staff costs
€23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €23k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €3k | - |
| Other operating charges640/8 | - | €55 | €801 | ▲ 1,359% |
| Gross operating margin9900 | €-5k | €-852 | €2k | ▲ 382% |
| Operating profit (loss)9901 | €-5k | €-907 | €-25k | ▼ 2,615% |
| Financial income75/76B | - | €50 | €4 | ▼ 92.0% |
| Recurring financial income75 | - | €50 | €4 | ▼ 92.0% |
| Financial charges65/66B | - | €83 | €1k | ▲ 1,308% |
| Recurring financial charges65 | €9 | €83 | €1k | ▲ 1,308% |
| Profit (loss) for the period before taxes9903 | €-5k | €-940 | €-26k | ▼ 2,644% |
| Profit (loss) for the period9904 | €-5k | €-940 | €-26k | ▼ 2,644% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-940 | €-26k | ▼ 2,644% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5k | €933 | €39k | ▲ 4,130% |
| Fixed assets21/28 | - | - | €30k | - |
| Tangible fixed assets22/27 | - | - | €25k | - |
| Furniture and vehicles24 | - | - | €13k | - |
| Leasing and similar rights25 | - | - | €8k | - |
| Other tangible fixed assets26 | - | - | €4k | - |
| Financial fixed assets28 | - | - | €4k | - |
| Current assets29/58 | €5k | €933 | €10k | ▲ 923% |
| Stocks and contracts in progress3 | €3k | - | €1k | - |
| Stocks30/36 | - | - | €1k | - |
| Amounts receivable within one year40/41 | €750 | €891 | €6k | ▲ 617% |
| Trade receivables40 | - | - | €6k | - |
| Other amounts receivable41 | - | €891 | €201 | ▼ 77.4% |
| Cash at bank and in hand54/58 | €208 | €42 | €2k | ▲ 5,018% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5k | €933 | €39k | ▲ 4,130% |
| Equity10/15 | €2k | €640 | €-25k | ▼ 4,028% |
| Contributions10/11 | - | €6k | €6k | = |
| Profit (loss) carried forward14 | €-5k | €-6k | €-32k | ▼ 448% |
| Amounts payable17/49 | €3k | €292 | €65k | ▲ 22,012% |
| Amounts payable after more than one year17 | - | - | €7k | - |
| Financial debts170/4 | - | - | €7k | - |
| Amounts payable within one year42/48 | €3k | €292 | €56k | ▲ 19,046% |
| Current portion of amounts payable after more than one year42 | - | - | €2k | - |
| Trade debts44 | €155 | - | €9k | - |
| Suppliers440/4 | - | - | €9k | - |
| Taxes, remuneration and social security45 | - | - | €6k | - |
| Taxes450/3 | - | - | €3k | - |
| Remuneration and social security454/9 | - | - | €3k | - |
| Other amounts payable47/48 | - | €292 | €40k | ▲ 13,625% |
| Accrued charges and deferred income492/3 | - | - | €2k | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-940 | €-26k | ▼ 2,644% |
| + Depreciation and write-downs630 | - | - | €3k | - |
| Operating cash flow (approximation) | €-5k | €-940 | €-23k | ▼ 2,302% |
| Change in cash | - | €-167 | €2k | ▲ 1,365% |
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
2025
23-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Namur · event 16-04-2025
2024
24-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 18-07-2024
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 333 days late
2022
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.19
Current ratio from 1.46 to 3.19; short-term debt falls from €3k to €292.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERALDINE LEDOUX AV DE LA PLANTE, 11A,
5000 NAMUR |
18-07-2024 → 16-04-2025 |