CRIEL
ActiveSummary
CRIEL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5.0m and a net result of €43,246. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 91 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability70▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420,000 at 30 days acceptable
Liquidity ample (current ratio 20.01 against 30.33 in 2025; short-term debt: 4.9% and cash: 77.1% of total assets), and 4.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2026Solvency, return and age of the figures
Solvency
95.1%
Return on assets
0.8%
Age of the figures
6 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 31-03-2026 was due by 31-10-2026 and was filed on 02-09-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
59 d early
2025
37 d early
2024
27 d early
2023
49 d early
2022
52 d early
2021
39 d early
2020
61 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
In the rankings
#1 company by equity in Assenede, Construction sector#2 company by total assets in Assenede, Construction sector
Equity
€5.0m▲ 0.9%
2025 · €4.9m
Total assets
€5.2m▲ 2.5%
2025 · €5.1m
Net result
€43,246▼ 74.6%
2025 · €170,476
Working capital
€4.9m▼ 0.1%
2025 · €4.9m
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
Line20222023202420252026
Operating result€315,675▼ 38.2%€857,276▲ 172%€171,669▼ 80.0%€73,509▼ 57.2%€717▼ 99.0%
Net result€263,199▼ 30.9%€600,400▲ 128%€165,501▼ 72.4%€170,476▲ 3.0%€43,246▼ 74.6%
Equity€4.9m▲ 5.7%€5.5m▲ 12.3%€4.7m▼ 13.4%€4.9m▲ 3.6%€5.0m▲ 0.9%
Total assets€5.3m▲ 6.1%€5.7m▲ 6.3%€6.0m▲ 6.7%€5.1m▼ 15.6%€5.2m▲ 2.5%
Debt€440,780▲ 10.2%€174,996▼ 60.3%€1.3m▲ 635%€173,622▼ 86.5%€258,408▲ 48.8%
Working capital€4.9m▲ 5.7%€5.5m▲ 12.4%€4.7m▼ 13.5%€4.9m▲ 3.7%€4.9m▼ 0.1%
Staff (FTE)1=1=0▼ 100%0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2026 is 99% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €5.2m
Fixed assets
€51,462 ▲ 456%
Current assets
€5.2m ▲ 1.7%
Equity and liabilities €5.2m
Equity
€5.0m ▲ 0.9%
Debt
€258,408 ▲ 48.8%
Debt's share of the balance-sheet total rises from 3.4% to 4.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,015▼
2025 · €75,966
Cash flow
€56,544▼
2025 · €172,933
Current ratio
20.01▼
2025 · 30.33
Quick ratio
15.97▼
2025 · 22.99
Debt to equity
0.05▲
2025 · 0.04
ROE
0.9%▼
2025 · 3.5%
ROA
0.8%▼
2025 · 3.3%
Interest coverage
10.86▼
2025 · 538.77
Debt ≤ 1 year
€258,408▲
2025 · €167,622
Income taxes
€14,905▼
2025 · €58,587
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €45,191 | €43,553 | -€1,575 | -€685 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,425 | €2,684 | €2,965 | €2,457 | €13,298 | ▲ 441% |
| Other operating charges640/8 | €2,079 | €15,901 | €3,490 | €742 | €725 | ▼ 2.3% |
| Gross operating margin9900 | €365,370 | €919,414 | €176,549 | €76,023 | €14,740 | ▼ 80.6% |
| Operating profit (loss)9901 | €315,675 | €857,276 | €171,669 | €73,509 | €717 | ▼ 99.0% |
| Financial income75/76B | €36,123 | - | €87,418 | €155,695 | €58,724 | ▼ 62.3% |
| Recurring financial income75 | €405 | - | €87,418 | €155,695 | €58,724 | ▼ 62.3% |
| Non-recurring financial income76B | €35,718 | - | - | - | - | - |
| Financial charges65/66B | €536 | €86,298 | €165 | €141 | €1,290 | ▲ 815% |
| Recurring financial charges65 | €536 | €204 | €165 | €141 | €1,290 | ▲ 815% |
| Non-recurring financial charges66B | - | €86,094 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €351,262 | €770,978 | €258,922 | €229,063 | €58,151 | ▼ 74.6% |
| Income taxes67/77 | €88,063 | €170,578 | €93,421 | €58,587 | €14,905 | ▼ 74.6% |
| Profit (loss) for the period9904 | €263,199 | €600,400 | €165,501 | €170,476 | €43,246 | ▼ 74.6% |
| Profit (loss) for the period to be appropriated9905 | €263,199 | €600,400 | €165,501 | €170,476 | €43,246 | ▼ 74.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €5.7m | €6.0m | €5.1m | €5.2m | ▲ 2.5% |
| Fixed assets21/28 | €7,283 | €5,377 | €10,083 | €9,260 | €51,462 | ▲ 456% |
| Tangible fixed assets22/27 | €6,861 | €4,955 | €9,661 | €8,838 | €51,040 | ▲ 478% |
| Plant, machinery and equipment23 | - | €1,053 | - | - | - | - |
| Furniture and vehicles24 | €6,861 | €3,902 | €9,661 | €8,838 | €51,040 | ▲ 478% |
| Financial fixed assets28 | €422 | €422 | €422 | €422 | €422 | = |
| Current assets29/58 | €5.3m | €5.7m | €6.0m | €5.1m | €5.2m | ▲ 1.7% |
| Stocks and contracts in progress3 | €3.2m | €1.2m | €386,889 | €1.2m | €1.0m | ▼ 15.2% |
| Stocks30/36 | €3.2m | €1.2m | €386,889 | €1.2m | €1.0m | ▼ 15.2% |
| Amounts receivable within one year40/41 | €43,304 | €1,884 | €884,168 | €40,287 | €101,938 | ▲ 153% |
| Trade receivables40 | €1,367 | €1,884 | €884,168 | €40,287 | €101,938 | ▲ 153% |
| Other amounts receivable41 | €41,937 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2.1m | €4.4m | €4.8m | €3.8m | €4.0m | ▲ 5.5% |
| Deferred charges and accrued income490/1 | €120 | €120 | €120 | €521 | €120 | ▼ 77.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €5.7m | €6.0m | €5.1m | €5.2m | ▲ 2.5% |
| Equity10/15 | €4.9m | €5.5m | €4.7m | €4.9m | €5.0m | ▲ 0.9% |
| Contributions10/11 | €918,600 | €918,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €154,562 | €154,562 | €154,562 | €154,562 | €154,562 | = |
| Non-distributable reserves130/1 | €98,312 | - | - | - | - | - |
| Reserves not available under the articles1311 | €98,312 | - | - | - | - | - |
| Tax-exempt reserves132 | €56,250 | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Distributable reserves133 | - | €98,312 | €98,312 | €98,312 | €98,312 | = |
| Profit (loss) carried forward14 | €3.8m | €4.4m | €4.6m | €4.7m | €4.8m | ▲ 0.9% |
| Amounts payable17/49 | €440,780 | €174,996 | €1.3m | €173,622 | €258,408 | ▲ 48.8% |
| Amounts payable within one year42/48 | €440,780 | €173,796 | €1.3m | €167,622 | €258,408 | ▲ 54.2% |
| Trade debts44 | €395,630 | €49,153 | €75,977 | €80,241 | €78,330 | ▼ 2.4% |
| Suppliers440/4 | €395,630 | €49,153 | €75,977 | €80,241 | €78,330 | ▼ 2.4% |
| Taxes, remuneration and social security45 | €37,736 | €114,930 | €191,114 | €64,209 | €160,593 | ▲ 150% |
| Taxes450/3 | €36,279 | €114,930 | €191,114 | €64,209 | €160,593 | ▲ 150% |
| Remuneration and social security454/9 | €1,457 | - | - | - | - | - |
| Other amounts payable47/48 | €7,414 | €9,713 | €1.0m | €23,172 | €19,485 | ▼ 15.9% |
| Accrued charges and deferred income492/3 | - | €1,200 | - | €6,000 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €263,199 | €600,400 | €165,501 | €170,476 | €43,246 | ▼ 74.6% |
| + Depreciation and write-downs630 | €2,425 | €2,684 | €2,965 | €2,457 | €13,298 | ▲ 441% |
| Operating cash flow (approximation) | €265,624 | €603,084 | €168,466 | €172,933 | €56,544 | ▼ 67.3% |
| Investment in fixed assets (approximation) | - | -€778 | -€7,671 | -€1,634 | -€55,500 | ▼ 3,297% |
| Change in cash | - | €2.3m | €342,037 | -€941,291 | €211,397 | ▲ 122% |
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
Next filing, fiscal year 2027, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Weakest financial yearnet €43,246 ▼74.6%
Net result drops to €43,246, the lowest in the series.
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Liquidity times 6current ratio 30.33
Current ratio from 4.69 to 30.33; short-term debt falls from €1.3m to €167,622.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €600,400 ▲128%
Operating result €857,276, net result €600,400, both a record.
31-03
Financial
Liquidity triplescurrent ratio 32.53
Current ratio from 12.06 to 32.53; short-term debt falls from €440,780 to €173,796.
31-03
Financial
Equity above €5mEq €5.5m ▲12.3%
5 profitable years in a row build equity to €5.5m.
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Assenede · 1 establishment unit since 2002
Ground area
120 m²
Building footprint
74 m²
Volume, LiDAR
258 m³
Parcel 43012A0507/00E000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CRIEL
since 20022.095.619.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43012A0507/00E000 | Flanders | 120 m² | 1 · 74 m² | 7.8 m · 1 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
Legal Entity Identifier
894500DR5Z297R6U7N20
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 1,219 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
Founded20-12-2001
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
43221Plumbing work
Scores and ratios are computed by Checked and are not a credit decision.