Skip to content

Cricut Belgium

Active
Private limited companyfounded 2020active for 6 yearsBurchthof 10/11, 8580 Avelgem, BelgiumKBO/BCE: BE 0746.485.769
Summary

Cricut Belgium has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325,433 and a net result of €69,990. Equity has been growing by about 42% per year since 2021. Its solvency ranks better than 75% of 2,815 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-04-2020 Normal situation
Activity
Other business support services NACE 82990and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.303.172.354 8580 Avelgem, since 23-04-2020
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
Shareholders
  • CRICUT INCannual accounts 2025

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.4m
Turnover
≈ €2.1m
estimated
Profit
€69,990
Equity
€325,433
Total assets
€448,765
Employees on 31-12-2025
3
  • 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLast filed accounts filed 55 days late; 3 of the last 3 accounts latelowers riskLiquidity: current ratio 4.88, cash €123,627Sector: Office administrative, office support and other business support activities (NACE 82)Equity €325,433 (72.5% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2023
Strong
Solvency 98+24
equity 72.5% of total assets
Liquidity 78-1
short-term debt 20.5% · cash 27.5%
Profitability 76+2
return on assets 15.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,669 companies, NACE 82, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.7%▲ +0.2 percentage points vs 11-2025 01-2026: 1.1%▲ +0.4 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%▼ -0.2 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 0.1%▼ -1.3 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.88 (2.33 in 2023), above the usual 1.5. Short-term debt is 20.5% and cash 27.5% of total assets. 27.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 73% of them on solvency, 72% on liquidity and 47% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.88, cash €123,627
NBB · annual accounts
raises risk · Last filed accounts filed 55 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Equity €325,433 (72.5% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
55 days late
2024
61 days late
2023
71 days late
2022
on the day
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 44 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by total assets in Avelgem, Administrative and support services sectorin the Checked rankings No. 1 View

Recent changes

  1. · Gazette deed Resignation: Donald Olsen (sole director)Appointment: Lauren Curtin (sole director)
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Cricut Belgium: other business support services (NACE 82990). They are comparable in size and age: total assets between €597,000 and €1.1m, founded between 2014 and 2021.

CompanyTotal assetsGross margin
Cricut Belgium Avelgem€0.4m€1.4m
CropEnergies AG Manneheim€0.9m€0.8m
Rebel Ports & Logistics BE Antwerpen€0.8m€0.8m
AIREON BELGIUM Sint-Joost-ten-Node€0.9m€2.3m
REGENERON BELGIUM Brussel€1.1m€1.1m
PMI Management Europe Brussel€0.6m€0.7m
excap Antwerpen€0.6m€0.7m
Full comparison

Key facts about Cricut Belgium

What is the company number of Cricut Belgium?
The company number of Cricut Belgium is 0746.485.769. The VAT number is the same number with BE in front: BE 0746.485.769.
Where is Cricut Belgium based?
The registered office is at Burchthof 10/11, 8580 Avelgem.Company details
What does Cricut Belgium do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Cricut Belgium?
The legal form of Cricut Belgium is Private limited company (BV).
When was Cricut Belgium founded?
Cricut Belgium was founded on 23-04-2020.
Is Cricut Belgium still active?
Yes, Cricut Belgium is an active enterprise in the KBO register.
How many employees does Cricut Belgium have?
Cricut Belgium had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Cricut Belgium fall under?
In its 2025 annual accounts, Cricut Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Cricut Belgium?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.4m and 40 comparable companies (NACE 82). It probably lies between €1.6m and €3.1m. In financial year 2023 turnover was €1.6m.
Is Cricut Belgium profitable?
In financial year 2025, Cricut Belgium made a profit of €69,990.
Where can I find the annual accounts of Cricut Belgium?
Cricut Belgium filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cricut Belgium due?
Cricut Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.