CRIAS
ActiveSummary
CRIAS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-5k. Equity is growing by ~45.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-29
Solvency72▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.28 against 3.91 in 2023; short-term debt: 14.4% and cash: 25.1% of total assets), but 53% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
47%
Return on assets
-8.5%
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
42 d early
2022
33 d early
2021
2 d early
2020
4 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€26k▼ 15.3%
2023 · €30k
2018: €840lowest in 7 years
2019: €8k▲ +798% vs 2018
2020: €9k▲ +22.8% vs 2019
2021: €22k▲ +142% vs 2020
2022: €21k▼ -6.4% vs 2021
2023: €30k▲ +45.1% vs 2022highest in 7 years
2024: €26k▼ -15.3% vs 2023
2018 → 2024
Total assets
€55k▼ 13.8%
2023 · €64k
2018: €20klowest in 7 years
2019: €22k▲ +8.7% vs 2018
2020: €23k▲ +5.3% vs 2019
2021: €61k▲ +164% vs 2020
2022: €56k▼ -9.1% vs 2021
2023: €64k▲ +14.4% vs 2022highest in 7 years
2024: €55k▼ -13.8% vs 2023
2018 → 2024
Net result
€-5k
2023 · €9k
2018: €7k
2019: €7k▲ +2.4% vs 2018
2020: €2k▼ -74.4% vs 2019
2021: €13k▲ +664% vs 2020highest in 7 years
2022: €-1k▼ -111% vs 2021
2023: €9k▲ +755% vs 2022
2024: €-5k▼ -149% vs 2023lowest in 7 years
2018 → 2024
Working capital
€10k▼ 58.7%
2023 · €25k
2018: €-2k
2019: €-7k▼ -231% vs 2018lowest in 7 years
2020: €-3k▲ +52.5% vs 2019
2021: €11k▲ +419% vs 2020
2022: €13k▲ +18.8% vs 2021
2023: €25k▲ +91.3% vs 2022highest in 7 years
2024: €10k▼ -58.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€22k▲ 142%€21k▼ 6.4%€30k▲ 45.1%€26k▼ 15.3%
2020: €9klowest in 5 years
2021: €22k▲ +142% vs 2020
2022: €21k▼ -6.4% vs 2021
2023: €30k▲ +45.1% vs 2022highest in 5 years
2024: €26k▼ -15.3% vs 2023
Operating result€3k-€15k▲ 483%€-907€14k€-4k
2020: €3k
2021: €15k▲ +483% vs 2020highest in 5 years
2022: €-907▼ -106% vs 2021
2023: €14k▲ +1601% vs 2022
2024: €-4k▼ -131% vs 2023lowest in 5 years
Net result€2k-€13k▲ 664%€-1k€9k€-5k
2020: €2k
2021: €13k▲ +664% vs 2020highest in 5 years
2022: €-1k▼ -111% vs 2021
2023: €9k▲ +755% vs 2022
2024: €-5k▼ -149% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €14k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€37k ▲ 20.0%
Current assets
€18k ▼ 45.3%
Equity and liabilities €55k
Equity
€26k ▼ 15.3%
Debt
€29k ▼ 12.4%
Debt's share of the balance-sheet total rises from 52.2% to 53.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €23k
Cash flow
€6k▼
2023 · €19k
Current ratio
2.28▼
2023 · 3.91
Quick ratio
2.06▼
2023 · 3.71
Debt to equity
1.13▲
2023 · 1.09
ROE
-18.1%▼
2023 · 31.1%
ROA
-8.5%▼
2023 · 14.9%
Interest coverage
12.47▼
2023 · 43.21
Debt ≤ 1 year
€8k▼
2023 · €8k
Debt > 1 year
€21k▼
2023 · €25k
Staff costs
€3k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€64k€55k▼
Fixed assets21/28€31k€37k▲
Tangible fixed assets22/27€31k€37k▲
Plant, machinery and equipment23€29k€36k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€33k€18k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€9k€3k▼
Trade receivables40€7k-
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€19k€14k▼
Deferred charges and accrued income490/1€3k€46▼
Equity and liabilities
Total equity and liabilities10/49€64k€55k▼
Equity10/15€30k€26k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€506€-4k▼
Amounts payable17/49€33k€29k▼
Amounts payable after more than one year17€25k€21k▼
Financial debts170/4€25k€21k▼
Amounts payable within one year42/48€8k€8k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€625€204▼
Accrued charges and deferred income492/3€74€100▲
Income statement
Code20232024
Non-recurring operating income76A-€357
Remuneration, social security and pensions62€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€715€215▼
Gross operating margin9900€27k€10k▼
Operating profit (loss)9901€14k€-4k▼
Financial income75/76B€2€5▲
Recurring financial income75€2€5▲
Financial charges65/66B€527€502▼
Recurring financial charges65€527€502▼
Profit (loss) for the period before taxes9903€13k€-5k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€9k€-5k▼
Profit (loss) for the period to be appropriated9905€9k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-4k▼
Profit (loss) brought forward from the previous period14P€506€506=
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - | - | €357 | - |
| Remuneration, social security and pensions62 | - | €3k | €3k | €3k | €3k | ▼ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €6k | €10k | €9k | €10k | ▲ 13.9% |
| Other operating charges640/8 | - | €604 | €228 | €715 | €215 | ▼ 70.0% |
| Gross operating margin9900 | €9k | €25k | €12k | €27k | €10k | ▼ 64.5% |
| Operating profit (loss)9901 | €3k | €15k | €-907 | €14k | €-4k | ▼ 131% |
| Financial income75/76B | - | €3 | €27 | €2 | €5 | ▲ 124% |
| Recurring financial income75 | - | €3 | €27 | €2 | €5 | ▲ 124% |
| Financial charges65/66B | - | €396 | €564 | €527 | €502 | ▼ 4.7% |
| Recurring financial charges65 | €232 | €396 | €564 | €527 | €502 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | €2k | €15k | €-1k | €13k | €-5k | ▼ 136% |
| Income taxes67/77 | €609 | €1k | €0 | €4k | - | - |
| Profit (loss) for the period9904 | €2k | €13k | €-1k | €9k | €-5k | ▼ 149% |
| Profit (loss) for the period to be appropriated9905 | €2k | €13k | €-1k | €9k | €-5k | ▼ 149% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23k | €61k | €56k | €64k | €55k | ▼ 13.8% |
| Fixed assets21/28 | €13k | €43k | €36k | €31k | €37k | ▲ 20.0% |
| Tangible fixed assets22/27 | €13k | €43k | €36k | €31k | €37k | ▲ 20.0% |
| Plant, machinery and equipment23 | - | €43k | €36k | €29k | €36k | ▲ 22.9% |
| Furniture and vehicles24 | - | - | - | €2k | €1k | ▼ 33.7% |
| Current assets29/58 | €11k | €18k | €19k | €33k | €18k | ▼ 45.3% |
| Stocks and contracts in progress3 | €2k | €2k | €2k | €2k | €2k | ▲ 4.2% |
| Stocks30/36 | - | €2k | €2k | €2k | €2k | ▲ 4.2% |
| Amounts receivable within one year40/41 | €362 | €6k | €2k | €9k | €3k | ▼ 72.6% |
| Trade receivables40 | - | €3k | - | €7k | - | - |
| Other amounts receivable41 | - | €3k | €2k | €2k | €3k | ▲ 4.4% |
| Cash at bank and in hand54/58 | €6k | €8k | €13k | €19k | €14k | ▼ 29.2% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €3k | €46 | ▼ 98.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23k | €61k | €56k | €64k | €55k | ▼ 13.8% |
| Equity10/15 | €9k | €22k | €21k | €30k | €26k | ▼ 15.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €11k | €11k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €11k | €11k | = |
| Profit (loss) carried forward14 | €-11k | €2k | €506 | €506 | €-4k | ▼ 921% |
| Amounts payable17/49 | €14k | €39k | €35k | €33k | €29k | ▼ 12.4% |
| Amounts payable after more than one year17 | - | €32k | €28k | €25k | €21k | ▼ 14.7% |
| Financial debts170/4 | - | €32k | €28k | €25k | €21k | ▼ 14.7% |
| Amounts payable within one year42/48 | €14k | €7k | €6k | €8k | €8k | ▼ 6.1% |
| Current portion of amounts payable after more than one year42 | - | €3k | €4k | €4k | €4k | ▲ 1.6% |
| Trade debts44 | €4k | €2k | €698 | €3k | €3k | ▲ 8.7% |
| Suppliers440/4 | - | €2k | €698 | €3k | €3k | ▲ 8.7% |
| Taxes, remuneration and social security45 | - | €2k | €2k | €2k | €2k | ▼ 34.2% |
| Taxes450/3 | - | €1k | €2k | €2k | €1k | ▼ 21.9% |
| Remuneration and social security454/9 | - | €537 | €305 | €625 | €204 | ▼ 67.4% |
| Accrued charges and deferred income492/3 | - | - | - | €74 | €100 | ▲ 35.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €13k | €-1k | €9k | €-5k | ▼ 149% |
| + Depreciation and write-downs630 | €3k | €6k | €10k | €9k | €10k | ▲ 13.9% |
| Operating cash flow (approximation) | €5k | €19k | €8k | €19k | €6k | ▼ 69.0% |
| Investment in fixed assets (approximation) | - | €-37k | €-3k | €-3k | €-17k | ▼ 386% |
| Change in cash | - | €2k | €5k | €6k | €-6k | ▼ 194% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13k ▲664%
Operating result €15k, net result €13k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.55
Current ratio from 0.76 to 2.55; short-term debt falls from €14k to €7k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Verviers · 1 establishment unit since 2003
Ground area
434 m²
Building footprint
113 m²
Volume, LiDAR
806 m³
Parcel 63079D0361/00E005, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CRIAS
since 20032.143.987.931
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079D0361/00E005 | Wallonia | 434 m² | 1 · 113 m² | 7.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVerviers2.143.987.931
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Of 1,000 companies in sector 96102 we hold annual accounts for 459. 336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
85531Driving schools for cars and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.