Crew Up
ActiveSummary
Crew Up has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,683 and a net result of €90,481. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 671 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+10
Solvency44▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.19 in 2024; short-term debt: 81.4% and cash: 1.5% of total assets), and 81.4% of the assets are financed with debt.
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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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
18.6%
Return on assets
6.8%
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
14 d early
2022
12 d early
2021
32 d late
2020
32 d late
2019
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
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. Usually files around 18 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#6 oldest company in Vilvoorde, Transport and storage sector#10 company by total assets in Vilvoorde, Transport and storage sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€90,481▲ 1,114%
2024 · €7,454
Working capital
€247,738▲ 23.4%
2024 · €200,770
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,933▼ 23.5%€26,672▼ 7.8%€11,123▼ 58.3%€3,358▼ 69.8%€101,727▲ 2,929%
Net result€4,440within the sector's middle half▼ 88.2%€31,587within the sector's middle half▲ 611%€26,770within the sector's middle half▼ 15.2%€7,454within the sector's middle half▼ 72.2%€90,481within the sector's middle half▲ 1,114%
Equity€137,391within the sector's middle half▲ 3.3%€168,978within the sector's middle half▲ 23.0%€195,748within the sector's middle half▲ 15.8%€203,202within the sector's middle half▲ 3.8%€248,683below the sector's middle half▲ 22.4%
Total assets€885,486within the sector's middle half▼ 6.0%€954,469within the sector's middle half▲ 7.8%€1.1mwithin the sector's middle half▲ 10.8%€1.2mwithin the sector's middle half▲ 17.4%€1.3mbelow the sector's middle half▲ 7.9%
Debt€748,095▼ 7.6%€785,491▲ 5.0%€861,552▲ 9.7%€1.0m▲ 20.5%€1.1m▲ 5.1%
Working capital€133,881within the sector's middle half▼ 27.4%€163,545within the sector's middle half▲ 22.2%€191,815within the sector's middle half▲ 17.3%€200,770within the sector's middle half▲ 4.7%€247,738within the sector's middle half▲ 23.4%
Solvency15.5%within the sector's middle half▲ 1.4pp17.7%within the sector's middle half▲ 2.2pp18.5%within the sector's middle half▲ 0.8pp16.4%within the sector's middle half▼ 2.1pp18.6%within the sector's middle half▲ 2.2pp
Current ratio1.18within the sector's middle half▼ 0.061.21within the sector's middle half▲ 0.031.22within the sector's middle half▲ 0.011.19within the sector's middle half▼ 0.031.23within the sector's middle half▲ 0.03
Return on assets (ROA)0.5%within the sector's middle half▼ 3.5pp3.3%within the sector's middle half▲ 2.8pp2.5%within the sector's middle half▼ 0.8pp0.6%within the sector's middle half▼ 1.9pp6.8%within the sector's middle half▲ 6.2pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,929% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€945 ▼ 61.2%
Current assets
€1.3m ▲ 8.1%
Equity and liabilities €1.3m
Equity
€248,683 ▲ 22.4%
Debt
€1.1m ▲ 5.1%
Debt's share of the balance-sheet total falls from 83.6% to 81.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103,214▲
2024 · €4,858
Cash flow
€91,969▲
2024 · €8,954
Debt to equity
4.39▼
2024 · 5.11
ROE
36.4%▲
2024 · 3.7%
Interest coverage
165.42▲
2024 · 5.72
Debt ≤ 1 year
€1.1m▲
2024 · €1.0m
Income taxes
€16,563▲
2024 · €5,532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,613 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €567 | €1,500 | €1,500 | €1,500 | €1,488 | ▼ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€2,937 | -€108 | €0 | - | - |
| Other operating charges640/8 | €18,865 | €5,615 | €3,034 | €2,488 | €1,461 | ▼ 41.3% |
| Gross operating margin9900 | €48,365 | €30,850 | €15,549 | €7,346 | €104,675 | ▲ 1,325% |
| Operating profit (loss)9901 | €28,933 | €26,672 | €11,123 | €3,358 | €101,727 | ▲ 2,929% |
| Financial income75/76B | €2,196 | €14,907 | €27,229 | €10,478 | €5,941 | ▼ 43.3% |
| Recurring financial income75 | €2,196 | €14,907 | €27,229 | €10,478 | €5,941 | ▼ 43.3% |
| Financial charges65/66B | €9,664 | -€10,760 | €1,837 | €850 | €624 | ▼ 26.6% |
| Recurring financial charges65 | €9,664 | -€10,760 | €1,837 | €850 | €624 | ▼ 26.6% |
| Profit (loss) for the period before taxes9903 | €21,465 | €52,338 | €36,515 | €12,986 | €107,044 | ▲ 724% |
| Income taxes67/77 | €17,026 | €20,751 | €9,745 | €5,532 | €16,563 | ▲ 199% |
| Profit (loss) for the period9904 | €4,440 | €31,587 | €26,770 | €7,454 | €90,481 | ▲ 1,114% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €4,440 | €31,587 | €26,770 | €7,454 | €90,481 | ▲ 1,114% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €885,486 | €954,469 | €1.1m | €1.2m | €1.3m | ▲ 7.9% |
| Fixed assets21/28 | €6,933 | €5,433 | €3,933 | €2,433 | €945 | ▼ 61.2% |
| Intangible fixed assets21 | €6,933 | €5,433 | €3,933 | €2,433 | €945 | ▼ 61.2% |
| Current assets29/58 | €878,554 | €949,036 | €1.1m | €1.2m | €1.3m | ▲ 8.1% |
| Amounts receivable within one year40/41 | €848,275 | €891,299 | €1.0m | €1.2m | €1.3m | ▲ 9.9% |
| Trade receivables40 | €319,446 | €392,677 | €744,542 | €924,292 | €1.1m | ▲ 14.0% |
| Other amounts receivable41 | €528,829 | €498,621 | €284,484 | €274,862 | €264,813 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €30,278 | €57,737 | €24,341 | €39,655 | €20,670 | ▼ 47.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €885,486 | €954,469 | €1.1m | €1.2m | €1.3m | ▲ 7.9% |
| Equity10/15 | €137,391 | €168,978 | €195,748 | €203,202 | €248,683 | ▲ 22.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €75,391 | €106,978 | €133,748 | €141,202 | €186,683 | ▲ 32.2% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €69,191 | €100,778 | €127,548 | €135,002 | €180,483 | ▲ 33.7% |
| Profit (loss) carried forward14 | €0 | - | - | - | €0 | - |
| Amounts payable17/49 | €748,095 | €785,491 | €861,552 | €1.0m | €1.1m | ▲ 5.1% |
| Amounts payable after more than one year17 | €3,423 | - | - | - | - | - |
| Financial debts170/4 | €3,423 | - | - | - | - | - |
| Amounts payable within one year42/48 | €744,672 | €785,491 | €861,552 | €1.0m | €1.1m | ▲ 5.1% |
| Current portion of amounts payable after more than one year42 | €48,000 | €2,808 | €0 | - | - | - |
| Trade debts44 | €627,303 | €732,159 | €846,988 | €1.0m | €1.0m | ▼ 0.6% |
| Suppliers440/4 | €627,303 | €732,159 | €846,988 | €1.0m | €1.0m | ▼ 0.6% |
| Taxes, remuneration and social security45 | €22,535 | €13,963 | €14,563 | €3,413 | €18,118 | ▲ 431% |
| Taxes450/3 | €22,535 | €13,963 | €14,563 | €3,413 | €18,118 | ▲ 431% |
| Other amounts payable47/48 | €46,834 | €36,561 | €0 | - | €45,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,440 | €31,587 | €26,770 | €7,454 | €90,481 | ▲ 1,114% |
| + Depreciation and write-downs630 | €567 | €1,500 | €1,500 | €1,500 | €1,488 | ▼ 0.8% |
| Operating cash flow (approximation) | €5,007 | €33,087 | €28,270 | €8,954 | €91,969 | ▲ 927% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €27,459 | -€33,397 | €15,314 | -€18,985 | ▼ 224% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200,000Eq €203,202 ▲3.8%
7 profitable years in a row build equity to €203,202.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Equity above €150,000Eq €168,978 ▲23%
5 profitable years in a row build equity to €168,978.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 32 days late
2021
30-12
Financial
Weakest financial yearnet €4,440 ▼88.2%
Net result drops to €4,440, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Vilvoorde · 1 establishment unit since 2001
Ground area
2.0 ha
Building footprint
18 m²
Volume, LiDAR
468 m³
Parcel 23644I0371/00E003, Flanders · tallest building 39.1 m, ±8 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
CARE 4 CARE
since 20012.102.815.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644I0371/00E003 | Flanders | 2.0 ha | 1 · 18 m² | 39.1 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
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 1,725 companies in sector 52210 we hold annual accounts for 774. 546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443829240
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.