CRIEL
InactiveFinancials · financial year 2025, micro format
Equity
€415,258▲ 8.9%
2024 · €381,301
Total assets
€444,794▲ 12.6%
2024 · €394,966
Net result
€33,958▲ 452%
2024 · €6,148
Working capital
€417,358▲ 13.7%
2024 · €367,135
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 673% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€44,602
2025
Net result€33,958
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€444,794
2025
Equity€415,258
2025
Debt€29,536
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€417,358
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€21,874-€83,025▲ 280%€34,650▼ 58.3%€35,310▲ 1.9%€4,875▼ 86.2%€543▼ 88.9%€5,766▲ 962%€44,602▲ 673%
Net result€14,626-€51,182▲ 250%€21,549▼ 57.9%€18,015▼ 16.4%€2,631▼ 85.4%-€77€6,148€33,958▲ 452%
Equity€345,852-€395,434▲ 14.3%€359,383▼ 9.1%€375,799▲ 4.6%€376,830▲ 0.3%€375,153▼ 0.4%€381,301▲ 1.6%€415,258▲ 8.9%
Total assets€365,326-€435,937▲ 19.3%€442,758▲ 1.6%€469,540▲ 6.0%€392,367▼ 16.4%€390,257▼ 0.5%€394,966▲ 1.2%€444,794▲ 12.6%
Debt€19,474-€40,503▲ 108%€83,375▲ 106%€93,741▲ 12.4%€15,537▼ 83.4%€15,104▼ 2.8%€13,666▼ 9.5%€29,536▲ 116%
Working capital€291,887-€354,927▲ 21.6%€325,496▼ 8.3%€329,542▲ 1.2%€337,890▲ 2.5%€349,051▲ 3.3%€367,135▲ 5.2%€417,358▲ 13.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €444,794
Fixed assets
€2,900 ▼ 79.5%
Current assets
€441,894 ▲ 16.0%
Equity and liabilities €444,794
Equity
€415,258 ▲ 8.9%
Debt
€29,536 ▲ 116%
Debt's share of the balance-sheet total rises from 3.5% to 6.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,090▲
2024 · €17,782
Cash flow
€35,446▲
2024 · €18,163
Current ratio
18.01▼
2024 · 27.86
Debt to equity
0.07▲
2024 · 0.04
ROE
8.2%▲
2024 · 1.6%
ROA
7.6%▲
2024 · 1.6%
Interest coverage
86.01▲
2024 · 27.96
Debt ≤ 1 year
€24,536▲
2024 · €13,666
Income taxes
€15,230▲
2024 · €4,219
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,785 | €248 | €250 | €0 | €18,575 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,503 | €14,911 | €15,478 | €19,631 | €15,139 | €12,758 | €12,016 | €1,488 | ▼ 87.6% |
| Other operating charges640/8 | - | - | - | €1,474 | €1,343 | €2,255 | €1,699 | €1,909 | ▲ 12.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €1,611 | - |
| Gross operating margin9900 | €47,900 | €100,653 | €51,781 | €56,415 | €21,357 | €15,557 | €19,481 | €49,610 | ▲ 155% |
| Operating profit (loss)9901 | €21,874 | €83,025 | €34,650 | €35,310 | €4,875 | €543 | €5,766 | €44,602 | ▲ 673% |
| Financial income75/76B | - | - | - | €793 | €429 | €859 | €5,236 | €5,122 | ▼ 2.2% |
| Recurring financial income75 | €1,258 | €1,259 | €1,119 | €793 | €429 | €859 | €5,236 | €5,122 | ▼ 2.2% |
| Financial charges65/66B | - | - | - | €1,238 | €429 | €147 | €636 | €536 | ▼ 15.7% |
| Recurring financial charges65 | €768 | €1,232 | €2,196 | €1,238 | €429 | €147 | €636 | €536 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €22,364 | €83,052 | €33,574 | €34,865 | €4,875 | €1,255 | €10,367 | €49,188 | ▲ 374% |
| Income taxes67/77 | €7,738 | €31,870 | €12,025 | €16,850 | €2,244 | €1,332 | €4,219 | €15,230 | ▲ 261% |
| Profit (loss) for the period9904 | €14,626 | €51,182 | €21,549 | €18,015 | €2,631 | -€77 | €6,148 | €33,958 | ▲ 452% |
| Transfer from tax-exempt reserves789 | - | - | - | €31,750 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,626 | €51,182 | €21,549 | €49,765 | €2,631 | -€77 | €6,148 | €33,958 | ▲ 452% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €365,326 | €435,937 | €442,758 | €469,540 | €392,367 | €390,257 | €394,966 | €444,794 | ▲ 12.6% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €53,965 | €41,101 | €33,887 | €46,257 | €38,940 | €26,182 | €14,166 | €2,900 | ▼ 79.5% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €53,915 | €41,101 | €33,887 | €46,257 | €38,940 | €26,182 | €14,166 | €2,900 | ▼ 79.5% |
| Plant, machinery and equipment23 | - | - | - | €1,072 | €6,451 | €4,758 | €3,458 | €2,271 | ▼ 34.3% |
| Furniture and vehicles24 | - | - | - | €45,185 | €32,489 | €21,424 | €10,708 | €629 | ▼ 94.1% |
| Financial fixed assets28 | €50 | €0 | - | - | - | - | - | - | - |
| Current assets29/58 | €311,361 | €394,836 | €408,871 | €423,283 | €353,427 | €364,075 | €380,801 | €441,894 | ▲ 16.0% |
| Stocks and contracts in progress3 | €2,404 | €3,686 | €1,625 | €1,495 | €490 | €7,127 | €1,567 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €1,495 | €490 | €7,127 | €1,567 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €23,897 | €24,318 | €20,706 | €12,590 | €14,926 | €28,660 | €14,762 | €49,624 | ▲ 236% |
| Trade receivables40 | - | - | - | €4,610 | €14,005 | €26,676 | €14,274 | €49,624 | ▲ 248% |
| Other amounts receivable41 | - | - | - | €7,980 | €921 | €1,984 | €488 | €0 | ▼ 100% |
| Current investments50/53 | €0 | - | - | - | - | - | €331,688 | €334,881 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €282,334 | €363,745 | €386,016 | €406,245 | €337,388 | €325,108 | €30,297 | €57,389 | ▲ 89.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2,953 | €623 | €3,180 | €2,486 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €365,326 | €435,937 | €442,758 | €469,540 | €392,367 | €390,257 | €394,966 | €444,794 | ▲ 12.6% |
| Equity10/15 | €345,852 | €395,434 | €359,383 | €375,799 | €376,830 | €375,153 | €381,301 | €415,258 | ▲ 8.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €326,250 | €375,750 | €339,650 | €357,150 | €355,890 | €355,890 | €362,030 | €395,980 | ▲ 9.4% |
| Non-distributable reserves130/1 | - | - | - | €8,000 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €8,000 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €349,150 | €354,030 | €354,030 | €360,170 | €394,120 | ▲ 9.4% |
| Profit (loss) carried forward14 | €1,002 | €1,084 | €1,133 | €49 | €2,340 | €663 | €671 | €678 | ▲ 1.1% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €19,474 | €40,503 | €83,375 | €93,741 | €15,537 | €15,104 | €13,666 | €29,536 | ▲ 116% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,474 | €39,908 | €83,375 | €93,741 | €15,537 | €15,024 | €13,666 | €24,536 | ▲ 79.5% |
| Trade debts44 | €11,597 | €5,689 | €4,536 | €2,725 | €5,557 | €4,817 | €343 | €2,236 | ▲ 552% |
| Suppliers440/4 | - | - | - | €2,725 | €5,557 | €4,817 | €343 | €2,236 | ▲ 552% |
| Taxes, remuneration and social security45 | - | - | - | €7,061 | €2,202 | €1,214 | €3,932 | €18,141 | ▲ 361% |
| Taxes450/3 | - | - | - | €7,061 | €2,202 | €1,214 | €3,932 | €18,141 | ▲ 361% |
| Other amounts payable47/48 | - | - | - | €83,955 | €7,777 | €8,992 | €9,391 | €4,160 | ▼ 55.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €80 | €0 | €5,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,626 | €51,182 | €21,549 | €18,015 | €2,631 | -€77 | €6,148 | €33,958 | ▲ 452% |
| + Depreciation and write-downs630 | €18,503 | €14,911 | €15,478 | €19,631 | €15,139 | €12,758 | €12,016 | €1,488 | ▼ 87.6% |
| Operating cash flow (approximation) | €33,129 | €66,093 | €37,027 | €37,646 | €17,770 | €12,681 | €18,163 | €35,446 | ▲ 95.1% |
| Investment in fixed assets (approximation) | - | -€2,047 | -€8,264 | -€32,000 | -€7,822 | €0 | €0 | €9,778 | - |
| Change in cash | - | €81,411 | €22,271 | €20,229 | -€68,857 | -€12,280 | -€294,811 | €27,092 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-03-2026 | 2026-00058679 |
| 31-12-2024 | micro format | 29-06-2025 | 2025-00192631 |
| 31-12-2023 | micro format | 13-07-2024 | 2024-00241821 |
| 31-12-2022 | micro format | 25-06-2023 | 2023-00154369 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20114234 |
| 31-12-2020 | micro format | 05-07-2021 | 2021-31600137 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-23400253 |
| 31-12-2018 | micro format | 30-06-2019 | 2019-27000502 |
| 31-12-2017 | micro format | 14-06-2018 | 2018-18600446 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56200152 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.