CRIN
ActiveSummary
The computed 12-month bankruptcy probability of CRIN is 1.9% (moderate). The 2025 annual accounts show equity of €58k and a net result of €31k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 7500 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency66▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 1.4 in 2024; short-term debt: 25.2% and cash: 32.2% of total assets), but 59.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2025Solvency, return and age of the figures
Solvency
40.7%
Return on assets
21.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
53 d early
2023
43 d early
2022
52 d early
2021
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€247k
EBIT margin
6.6%
Net result
€31k▼ 58.4%
2024 · €75k
2021: €966lowest in 5 years
2022: €13k▲ +1244% vs 2021
2023: €14k▲ +4.7% vs 2022
2024: €75k▲ +451% vs 2023highest in 5 years
2025: €31k▼ -58.4% vs 2024
2021 → 2025
Working capital
€47k▲ 10.4%
2024 · €43k
2021: €6klowest in 5 years
2022: €13k▲ +119% vs 2021
2023: €28k▲ +117% vs 2022
2024: €43k▲ +50.1% vs 2023
2025: €47k▲ +10.4% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€247k
Equity€6k-€19k▲ 218%€33k▲ 71.7%€50k▲ 53.3%€58k▲ 16.4%
2021: €6klowest in 5 years
2022: €19k▲ +218% vs 2021
2023: €33k▲ +71.7% vs 2022
2024: €50k▲ +53.3% vs 2023
2025: €58k▲ +16.4% vs 2024highest in 5 years
Operating result€1k-€16k▲ 1,450%€17k▲ 5.6%€94k▲ 443%€41k▼ 56.8%
2021: €1klowest in 5 years
2022: €16k▲ +1450% vs 2021
2023: €17k▲ +5.6% vs 2022
2024: €94k▲ +443% vs 2023highest in 5 years
2025: €41k▼ -56.8% vs 2024
Net result€966-€13k▲ 1,244%€14k▲ 4.7%€75k▲ 451%€31k▼ 58.4%
2021: €966lowest in 5 years
2022: €13k▲ +1244% vs 2021
2023: €14k▲ +4.7% vs 2022
2024: €75k▲ +451% vs 2023highest in 5 years
2025: €31k▼ -58.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€59k ▲ 725%
Current assets
€83k ▼ 44.5%
Equity and liabilities €142k
Equity
€58k ▲ 16.4%
Debt
€84k ▼ 21.0%
Debt's share of the balance-sheet total falls from 68.2% to 59.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▼
2024 · €96k
Cash flow
€38k▼
2024 · €77k
Current ratio
2.31▲
2024 · 1.40
Debt to equity
1.46▼
2024 · 2.14
ROE
53.7%▼
2024 · 150.1%
ROA
21.9%▼
2024 · 47.8%
Interest coverage
78.15▼
2024 · 1066.56
Debt ≤ 1 year
€36k▼
2024 · €107k
Debt > 1 year
€49k
Income taxes
€9k▼
2024 · €19k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€157k€142k▼
Fixed assets21/28€7k€59k▲
Tangible fixed assets22/27€7k€59k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€4k€58k▲
Current assets29/58€149k€83k▼
Amounts receivable within one year40/41€53k€35k▼
Trade receivables40€52k€31k▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€95k€46k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€157k€142k▼
Equity10/15€50k€58k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€45k€53k▲
Amounts payable17/49€107k€84k▼
Amounts payable after more than one year17-€49k
Financial debts170/4-€49k
Amounts payable within one year42/48€107k€36k▼
Trade debts44€32k€14k▼
Suppliers440/4€32k€14k▼
Taxes, remuneration and social security45€25k€2k▼
Taxes450/3€25k€2k▼
Other amounts payable47/48€50k€20k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Gross operating margin9900€96k€47k▼
Operating profit (loss)9901€94k€41k▼
Financial income75/76B€14-
Recurring financial income75€14-
Financial charges65/66B€90€605▲
Recurring financial charges65€90€605▲
Profit (loss) for the period before taxes9903€94k€40k▼
Income taxes67/77€19k€9k▼
Profit (loss) for the period9904€75k€31k▼
Profit (loss) for the period to be appropriated9905€75k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€76k▼
Profit (loss) brought forward from the previous period14P€28k€45k▲
Profit to be distributed694/7€58k€23k▼
Return on contributions (dividend)694€58k€23k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €247k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €230k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €677 | €2k | €2k | €7k | ▲ 212% |
| Other operating charges640/8 | - | €311 | - | - | - | - |
| Gross operating margin9900 | €1k | €17k | €19k | €96k | €47k | ▼ 50.7% |
| Operating profit (loss)9901 | €1k | €16k | €17k | €94k | €41k | ▼ 56.8% |
| Financial income75/76B | - | - | - | €14 | - | - |
| Recurring financial income75 | - | - | - | €14 | - | - |
| Financial charges65/66B | - | €82 | €84 | €90 | €605 | ▲ 572% |
| Recurring financial charges65 | €89 | €82 | €84 | €90 | €605 | ▲ 572% |
| Profit (loss) for the period before taxes9903 | €966 | €16k | €17k | €94k | €40k | ▼ 57.4% |
| Income taxes67/77 | - | €3k | €4k | €19k | €9k | ▼ 53.7% |
| Profit (loss) for the period9904 | €966 | €13k | €14k | €75k | €31k | ▼ 58.4% |
| Profit (loss) for the period to be appropriated9905 | €966 | €13k | €14k | €75k | €31k | ▼ 58.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €36k | €109k | €157k | €142k | ▼ 9.1% |
| Fixed assets21/28 | - | €6k | €4k | €7k | €59k | ▲ 725% |
| Tangible fixed assets22/27 | - | €6k | €4k | €7k | €59k | ▲ 725% |
| Plant, machinery and equipment23 | - | - | - | €3k | €2k | ▼ 36.4% |
| Furniture and vehicles24 | - | €6k | €4k | €4k | €58k | ▲ 1,221% |
| Current assets29/58 | €6k | €30k | €105k | €149k | €83k | ▼ 44.5% |
| Amounts receivable within one year40/41 | €151 | €625 | €30k | €53k | €35k | ▼ 35.1% |
| Trade receivables40 | - | - | €29k | €52k | €31k | ▼ 40.8% |
| Other amounts receivable41 | - | €625 | €1k | €2k | €4k | ▲ 116% |
| Cash at bank and in hand54/58 | €6k | €29k | €74k | €95k | €46k | ▼ 51.5% |
| Deferred charges and accrued income490/1 | - | - | €582 | €1k | €2k | ▲ 79.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €36k | €109k | €157k | €142k | ▼ 9.1% |
| Equity10/15 | €6k | €19k | €33k | €50k | €58k | ▲ 16.4% |
| Contributions10/11 | - | €5k | €5k | €5k | €5k | = |
| Outside capital11 | - | €5k | - | - | - | - |
| Other1109/19 | - | €5k | - | - | - | - |
| Profit (loss) carried forward14 | €966 | €14k | €28k | €45k | €53k | ▲ 18.2% |
| Amounts payable17/49 | €50 | €17k | €77k | €107k | €84k | ▼ 21.0% |
| Amounts payable after more than one year17 | - | - | - | - | €49k | - |
| Financial debts170/4 | - | - | - | - | €49k | - |
| Amounts payable within one year42/48 | €50 | €17k | €77k | €107k | €36k | ▼ 66.4% |
| Trade debts44 | - | €10k | €74k | €32k | €14k | ▼ 56.6% |
| Suppliers440/4 | - | €10k | €74k | €32k | €14k | ▼ 56.6% |
| Taxes, remuneration and social security45 | - | €7k | €3k | €25k | €2k | ▼ 91.8% |
| Taxes450/3 | - | €3k | €3k | €25k | €2k | ▼ 91.8% |
| Remuneration and social security454/9 | - | €4k | - | - | - | - |
| Other amounts payable47/48 | - | €51 | - | €50k | €20k | ▼ 60.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €966 | €13k | €14k | €75k | €31k | ▼ 58.4% |
| + Depreciation and write-downs630 | - | €677 | €2k | €2k | €7k | ▲ 212% |
| Operating cash flow (approximation) | €966 | €14k | €15k | €77k | €38k | ▼ 50.8% |
| Investment in fixed assets (approximation) | - | - | €0 | €-5k | €-59k | ▼ 1,022% |
| Change in cash | - | €23k | €45k | €20k | €-49k | ▼ 341% |
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 2026, expected by
2026
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2021net €75k ▲451%
Operating result €94k, net result €75k, both a record.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2020
Ground area
110 m²
Building footprint
71 m²
Volume, LiDAR
476 m³
Parcel 23643G0319/00D005, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CRIN
since 20202.300.475.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0319/00D005 | Flanders | 110 m² | 1 · 71 m² | 9.9 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,172 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
Founded24-02-2020
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
33120Repair and maintenance of machinery
43211General electrical installation work
43240Other construction installation
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.