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CRI

Inactive
KBO/BCE: BE 0842.918.815

CRI was declared bankrupt on 30-09-2024 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 09-03-2026, published in the Belgian State Gazette on 25-03-2026.

Summary

Inactive; last annual accounts for fiscal year 2023.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-08-2024, 12 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
12 d late
2022
10 d late
2021
30 d early
2020
5 d late
2019
105 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 20 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

Total assets went from EUR 385,304 in 2018 to EUR 355,372 in 2023 and headcount from 0.3 full-time equivalents in 2018 to 1 in 2021.1 CRI was declared bankrupt on 30 September 2024; the bankruptcy was closed on 9 March 2026.23

  1. 1National Bank, annual accounts 2018, 2021 and 2023
  2. 2Belgian State Gazette, 07-10-2024
  3. 3Belgian State Gazette, 25-03-2026

Financials · fiscal year 2023, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€361▲ 52.7%
2022 · -€763
Working capital
€53,378▼ 0.7%
2022 · €53,780
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
Line20192020202120222023
Operating result-€6,502▼ 670%-€431▲ 93.4%-€20,587▼ 4,677%-€570▲ 97.2%-€297▲ 47.9%
Net result-€6,631▼ 581%-€576▲ 91.3%-€20,801▼ 3,511%-€763▲ 96.3%-€361▲ 52.7%
Equity€131,876▼ 4.8%€131,300▼ 0.4%€110,499▼ 15.8%€109,736▼ 0.7%€109,375▼ 0.3%
Total assets€380,524▼ 1.2%€386,688▲ 1.6%€381,641▼ 1.3%€381,101▼ 0.1%€355,372▼ 6.8%
Debt€248,648▲ 0.8%€255,388▲ 2.7%€271,142▲ 6.2%€271,365▲ 0.1%€245,997▼ 9.3%
Working capital-€169,549▼ 4.1%-€169,855▼ 0.2%-€190,904▼ 12.4%€53,780€53,378▼ 0.7%
Staff (FTE)0.8▲ 167%1▲ 25.0%1=
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2019: -€6,502-€6,502Net result 2019: -€6,631-€6,631Operating result 2020: -€431-€431Net result 2020: -€576-€576Operating result 2021: -€20,587-€20,587Net result 2021: -€20,801-€20,801Operating result 2022: -€570-€570Net result 2022: -€763-€763Operating result 2023: -€297-€297Net result 2023: -€361-€36120192020202120222023-€30,000-€20,000-€10,000€0Operating result 2021: -€20,587-€20,600Net result 2021: -€20,801-€20,800Operating result 2022: -€570-€570Net result 2022: -€763-€763Operating result 2023: -€297-€297Net result 2023: -€361-€361202120222023
The operating result stays negative: a loss of €297 in 2023 against €570 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €355,372
Fixed assets €301,600 =
Current assets €53,772 ▼ 32.3%
Equity and liabilities €355,372
Equity €109,375 ▼ 0.3%
Debt €245,997 ▼ 9.3%
Debt's share of the balance-sheet total falls from 71.2% to 69.2%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
Debt to equity
2.25▼
2022 · 2.47
ROE
-0.3%▲
2022 · -0.7%
ROA
-0.1%▲
2022 · -0.2%
Debt ≤ 1 year
€394▼
2022 · €25,591
Debt > 1 year
€245,539=
2022 · €245,539
A ratio outside any meaningful range has been withheld (balance sheet total €355,372, equity €109,375).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€381,101€355,372▼
Fixed assets21/28€301,730€301,600=
Financial fixed assets28€301,730€301,600=
Current assets29/58€79,371€53,772▼
Amounts receivable after more than one year29€78,245-
Trade receivables290€78,245-
Amounts receivable within one year40/41€1,123€53,744▲
Other amounts receivable41€1,123€53,744▲
Cash at bank and in hand54/58€3€28▲
Equity and liabilities
Total equity and liabilities10/49€381,101€355,372▼
Equity10/15€109,736€109,375▼
Contributions10/11€12,400€12,400=
Capital10€12,400-
Issued capital100€18,600-
Uncalled capital101€6,200-
Outside capital11-€12,400
Other1109/19-€12,400
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€95,476€95,115▼
Amounts payable17/49€271,365€245,997▼
Amounts payable after more than one year17€245,539€245,539=
Other amounts payable178/9€245,539€245,539=
Amounts payable within one year42/48€25,591€394▼
Trade debts44€17€394▲
Suppliers440/4€17€394▲
Other amounts payable47/48€25,574-
Accrued charges and deferred income492/3€235€64▼
Income statement Code20222023
Non-recurring operating income76A-€306
Gross operating margin9900-€570-€297▲
Operating profit (loss)9901-€570-€297▲
Financial charges65/66B€193€64▼
Recurring financial charges65€193€64▼
Profit (loss) for the period before taxes9903-€763-€361▲
Profit (loss) for the period9904-€763-€361▲
Profit (loss) for the period to be appropriated9905-€763-€361▲
Appropriation of the result
Profit (loss) to be appropriated9906€95,476€95,115▼
Profit (loss) brought forward from the previous period14P€96,239€95,476▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€1,143-€306-
Remuneration, social security and pensions62--€28,500---
Gross operating margin9900€31,154€30,488€7,913-€570-€297▲ 47.9%
Operating profit (loss)9901-€6,502-€431-€20,587-€570-€297▲ 47.9%
Financial charges65/66B--€214€193€64▼ 66.8%
Recurring financial charges65€129€145€214€193€64▼ 66.8%
Profit (loss) for the period before taxes9903-€6,631-€576-€20,801-€763-€361▲ 52.7%
Profit (loss) for the period9904-€6,631-€576-€20,801-€763-€361▲ 52.7%
Profit (loss) for the period to be appropriated9905-€6,631-€576-€20,801-€763-€361▲ 52.7%
Line20192020202120222023Change
Assets
Total assets20/58€380,524€386,688€381,641€381,101€355,372▼ 6.8%
Fixed assets21/28€301,730€301,730€301,730€301,730€301,600=
Financial fixed assets28€301,730€301,730€301,730€301,730€301,600=
Current assets29/58€78,794€84,958€79,911€79,371€53,772▼ 32.3%
Amounts receivable after more than one year29--€78,245€78,245--
Trade receivables290--€78,245€78,245--
Amounts receivable within one year40/41€546€6,668€1,649€1,123€53,744▲ 4,686%
Trade receivables40--€624---
Other amounts receivable41--€1,025€1,123€53,744▲ 4,686%
Cash at bank and in hand54/58€3€45€17€3€28▲ 833%
Equity and liabilities
Total equity and liabilities10/49€380,524€386,688€381,641€381,101€355,372▼ 6.8%
Equity10/15€131,876€131,300€110,499€109,736€109,375▼ 0.3%
Contributions10/11€12,400-€12,400€12,400€12,400=
Capital10---€12,400--
Issued capital100---€18,600--
Uncalled capital101---€6,200--
Outside capital11----€12,400-
Other1109/19----€12,400-
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14€117,616€117,040€96,239€95,476€95,115▼ 0.4%
Amounts payable17/49€248,648€255,388€271,142€271,365€245,997▼ 9.3%
Amounts payable after more than one year17---€245,539€245,539=
Other amounts payable178/9---€245,539€245,539=
Amounts payable within one year42/48€248,343€254,813€270,815€25,591€394▼ 98.5%
Trade debts44€1,910€2,134€1,213€17€394▲ 2,218%
Suppliers440/4--€1,213€17€394▲ 2,218%
Other amounts payable47/48--€269,602€25,574--
Accrued charges and deferred income492/3--€327€235€64▼ 72.8%
Line20192020202120222023Change
Profit (loss) for the period9904-€6,631-€576-€20,801-€763-€361▲ 52.7%
Operating cash flow (approximation)-€6,631-€576-€20,801-€763-€361▲ 52.7%
Investment in fixed assets (approximation)-€0€0€0€130-
Change in cash-€42-€28-€14€25▲ 279%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
25-03
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Mons · event 09-03-2026
2024
07-10
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 30-09-2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-12
Financial Liquidity times 44current ratio 136.48
Current ratio from 3.10 to 136.48; short-term debt falls from €25,591 to €394.
10-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
31-12
Financial Liquidity times 11current ratio 3.10
Current ratio from 0.30 to 3.10; short-term debt falls from €270,815 to €25,591.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet -€20,801
Net result drops to -€20,801, the lowest in the series.
05-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
Show earlier events
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
11-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 11 days late
2015
27-07
NBB filing Annual accounts filed
fiscal year 2014 · full 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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 TONY BELLAVIA
AVENUE DES EXPOSITIONS, 8A, 7000 MONS- . Date provisoire de cessation de paiement : 30/09/2024
30-09-2024 → 09-03-2026