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CRFP

Active
Private limited companyfounded 201115 yrs activeTieltsevoetweg 8, 8740 Pittem, BelgiumKBO/BCE: BE 0833.123.595

CRFP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.59M and a net result of €221k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 8589 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
83 / 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-9
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 25.95 against 30.02 in 2024), and 3.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
96.9%
Return on assets
8.2%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
27 d early
2024
5 d early
2023
2 d early
2022
on the day
2021
3 d early
2020
1 d early
2019
6 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.59M▼ 13.8%
2024 · €3.01M
2018: €2.14M 2019: €2.28M 2020: €2.43M 2021: €2.76M 2022: €2.99M 2023: €3.10M 2024: €3.01M
2018 → 2025
Total assets
€2.68M▼ 13.5%
2024 · €3.09M
2018: €2.23M 2019: €2.35M 2020: €2.50M 2021: €2.78M 2022: €3.02M 2023: €3.15M 2024: €3.09M
2018 → 2025
Net result
€221k▼ 30.1%
2024 · €316k
2018: €420k 2019: €147k 2020: €159k 2021: €340k 2022: €243k 2023: €167k 2024: €316k
2018 → 2025
Working capital
€2.02M▼ 16.6%
2024 · €2.42M
2018: €1.04M 2019: €1.21M 2020: €1.38M 2021: €1.72M 2022: €2.00M 2023: €2.14M 2024: €2.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.76M-€2.99M▲ 8.5%€3.10M▲ 3.7%€3.01M▼ 3.0%€2.59M▼ 13.8%
Operating result€106k-€125k▲ 18.4%€110k▼ 12.2%€169k▲ 53.8%€85k▼ 49.8%
Net result€340k-€243k▼ 28.3%€167k▼ 31.4%€316k▲ 89.3%€221k▼ 30.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €106k€106kNet result 2021: €340k€340kOperating result 2022: €125k€125kNet result 2022: €243k€243kOperating result 2023: €110k€110kNet result 2023: €167k€167kOperating result 2024: €169k€169kNet result 2024: €316k€316kOperating result 2025: €85k€85kNet result 2025: €221k€221k20212022202320242025
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.68M
Fixed assets €575k▼ 2.3%
Current assets €2.10M▼ 16.1%
Equity and liabilities €2.68M
Equity €2.59M▼ 13.8%
Debt €82k▼ 2.9%
The debt ratio rises from 2.7% to 3.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€100k
2024 · €185k
Cash flow
€235k
2024 · €331k
Solvency
96.9%
2024 · 97.3%
Current ratio
25.95
2024 · 30.02
Quick ratio
25.95
2024 · 30.02
Debt / equity
0.03
2024 · 0.03
ROE
8.5%
2024 · 10.5%
ROA
8.2%
2024 · 10.2%
Interest coverage
111.24
2024 · 157.01
Debt
€82k
2024 · €84k
Debt ≤ 1 year
€81k
2024 · €83k
Income taxes
€46k
2024 · €77k
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€3.09M€2.68M
Fixed assets21/28€588k€575k
Tangible fixed assets22/27€40k€27k
Furniture and vehicles24€40k€27k
Financial fixed assets28€548k€548k=
Current assets29/58€2.50M€2.10M
Amounts receivable after more than one year29€300k-
Other amounts receivable291€300k-
Amounts receivable within one year40/41€1.54M€482k
Other amounts receivable41€1.54M€482k
Current investments50/53€651k€1.57M
Cash at bank and in hand54/58€4k€45k
Deferred charges and accrued income490/1€12k€3k
Equity and liabilities
Total equity and liabilities10/49€3.09M€2.68M
Equity10/15€3.01M€2.59M
Contributions10/11€1.68M€1.68M=
Reserves13€1.33M€913k
Distributable reserves133€1.33M€913k
Amounts payable17/49€84k€82k
Amounts payable within one year42/48€83k€81k
Trade debts44€2k€517
Suppliers440/4€2k€517
Taxes, remuneration and social security45€66k€65k
Taxes450/3€66k€65k
Other amounts payable47/48€15k€15k=
Accrued charges and deferred income492/3€1k€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k
Other operating charges640/8€3k€2k
Gross operating margin9900€187k€101k
Operating profit (loss)9901€169k€85k
Financial income75/76B€224k€183k
Recurring financial income75€194k€183k
Non-recurring financial income76B€30k-
Financial charges65/66B€1k€897
Recurring financial charges65€1k€897
Profit (loss) for the period before taxes9903€393k€267k
Income taxes67/77€77k€46k
Profit (loss) for the period9904€316k€221k
Profit (loss) for the period to be appropriated9905€316k€221k
Appropriation of the result
Profit (loss) to be appropriated9906€316k€221k
Transfer from equity791/2€395k€621k
Transfer to equity691/2€301k€206k
To other reserves6921€301k€206k
Profit to be distributed694/7€410k€636k
Return on contributions (dividend)694€410k€636k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity triplescurrent ratio 65.76
Current ratio from 21.67 to 65.76; short-term debt falls from €67k to €27k.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €147k ▼65.1%
Net result drops to €147k, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-07
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.

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
Registered office, Pittem · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Tieltsevoetweg 88740 Pittem
Ground area
1,723 m²
Building footprint
210 m²
Parcel 37003B1049/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Tieltsevoetweg 8, 8740 Pittem
Financial service activities, except insurance and pension funding
since 20112.197.200.943
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37003B1049/00F000 Flanders 1,723 m² 1 · 210 m² 0.0 m
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,486 EUR awarded · 2,546 EUR paid
Year Entries awardedpaid
2025 1 688 EUR688 EUR
2024 1 810 EUR810 EUR
2023 1 532 EUR592 EUR
2022 1 456 EUR456 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,486 EUR · 2,546 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

875500UUOLGIZFL3UI67
live in the LEI register

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 17,216 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-01-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.