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CRIUS TECHNOLOGY

Active
Private limited companyfounded 2011active for 15 yearsVaartstraat 66, 2235 Hulshout, BelgiumKBO/BCE: BE 0836.880.168

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 29-10-2026 at the NBB all 15 filings

Turnover
≈ €1.7m
Estimated: probably between €1.2m and €2.8m
Total assets
€211,212▼ 69.8%
2025 · €698,569
Net result
€284,458
2025 · -€224,339
Working capital
€180,443
2025 · -€341,916
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is a profit of €301,565, after a loss of €206,656 in 2025. It is the highest result since 2022.

Operating result€301,565 2026 Net result€284,458 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€102,779-€59,302▼ 42.3%€273,184▲ 361%€188,176▼ 31.1%-€111,051-€43,654▲ 60.7%-€206,656▼ 373%€301,565
Net result€44,500-€19,134▼ 57.0%€177,113above the sector's middle half▲ 826%€111,753within the sector's middle half▼ 36.9%-€121,645below the sector's middle half-€59,355below the sector's middle half▲ 51.2%-€224,339below the sector's middle half▼ 278%€284,458
Equity€48,880-€68,014▲ 39.1%€245,127within the sector's middle half▲ 260%€301,324within the sector's middle half▲ 22.9%€179,679within the sector's middle half▼ 40.4%€120,324within the sector's middle half▼ 33.0%-€104,015below the sector's middle half€180,443
Total assets€443,327-€923,102▲ 108%€979,010within the sector's middle half▲ 6.1%€664,619within the sector's middle half▼ 32.1%€739,121within the sector's middle half▲ 11.2%€797,183within the sector's middle half▲ 7.9%€698,569within the sector's middle half▼ 12.4%€211,212▼ 69.8%
Debt€394,447-€855,088▲ 117%€733,884▼ 14.2%€363,295▼ 50.5%€559,442▲ 54.0%€676,859▲ 21.0%€802,585▲ 18.6%€30,769▼ 96.2%
Working capital€44,350-€79,829▲ 80.0%€198,732within the sector's middle half▲ 149%€265,202within the sector's middle half▲ 33.4%€21,588within the sector's middle half▼ 91.9%-€180,824below the sector's middle half-€341,916below the sector's middle half▼ 89.1%€180,443
Solvency11.0%-7.4%▼ 3.7pp25.0%within the sector's middle half▲ 17.7pp45.3%within the sector's middle half▲ 20.3pp24.3%within the sector's middle half▼ 21.0pp15.1%below the sector's middle half▼ 9.2pp-14.9%below the sector's middle half▼ 30.0pp85.4%▲ 100.3pp
Current ratio1.11-1.10▼ 0.021.28within the sector's middle half▲ 0.181.76within the sector's middle half▲ 0.481.04within the sector's middle half▼ 0.720.73below the sector's middle half▼ 0.310.57below the sector's middle half▼ 0.166.86▲ 6.30
Return on assets (ROA)10.0%-2.1%▼ 8.0pp18.1%above the sector's middle half▲ 16.0pp16.8%within the sector's middle half▼ 1.3pp-16.5%below the sector's middle half▼ 33.3pp-7.4%below the sector's middle half▲ 9.0pp-32.1%below the sector's middle half▼ 24.7pp134.7%▲ 166.8pp
Staff (FTE)8.8-13.1▲ 48.9%14.9above the sector's middle half▲ 13.7%12.7within the sector's middle half▼ 14.8%11.6within the sector's middle half▼ 8.7%10.4within the sector's middle half▼ 10.3%8.7within the sector's middle half▼ 16.3%7.4▼ 14.9%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €211,212
Equity €180,443
Debt €30,769
Debt's share of the balance-sheet total is 14.6%.
Key figures and ratios
2026 value · change against 2025
EBITDA
€349,723▲
2025 · -€111,998
Cash flow
€332,616▲
2025 · -€129,681
Debt to equity
0.17
ROE
157.6%
Interest coverage
57.87▲
2025 · -7.23
Debt ≤ 1 year
€30,769▼
2025 · €788,363
Income taxes
€11,063▲
2025 · €2,206
Staff costs
€301,881▼
2025 · €756,566
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Employees at the balance-sheet date13121187
full-time109666
part-time33521
in full-time equivalents12.411.59.67.36.8
Average over the year, in full-time equivalents12.711.610.48.77.4
On a permanent contract13121187
Joined11342-
Left51455-
Training hours15----

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets-€3,256€4,837€2,919-
Intangible fixed assets-€148,230€203,433€45,145-
Depreciation and write-downs of the year€16,317€35,669€67,049€94,658€48,158

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €20,540 awarded · €20,540 paid
Year Entries AwardedPaid
2025 1 €3,776€3,776
2023 2 €4,646€9,446
2022 2 €12,118€7,318
Schemes
2 entries · €11,964 · €11,964 paid · Departement Werk en Sociale Economie
2 entries · €4,800 · €4,800 paid · Departement Werk en Sociale Economie
1 entry · €3,776 · €3,776 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Comparable companies

These companies have the same main activity as CRIUS TECHNOLOGY: computer programming (NACE 62100). They are comparable in size and age: total assets between €156,000 and €434,000, founded between 2012 and 2017.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
CRIUS TECHNOLOGY Hulshout2011€0.2m€0.2m€0.7m-€0.3m7.42026
PRAGMA TOOLS Antwerpen2012€0.3m€0.03m€0.9m-€3479.12025
AUTRALIS Merelbeke-Melle2013€0.3m-€0.1m€0.8m-€0.1m7.72025
Unlockd Kontich2017€0.2m-€0.05m€0.7m€0.9m€0.2m7.42025
CRAX IT Mechelen2015€0.2m€0.006m€0.4m--€0.02m6.12025
TERRA Kontich2017€0.2m-€0.8m€0.4m€1.6m-€0.09m6.32025
Dashdot Antwerpen2012€0.4m€0.2m€0.5m--€0.004m6.62025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as CRIUS TECHNOLOGY has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of CRIUS TECHNOLOGY itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for CRIUS TECHNOLOGY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 51 lines

Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€698,569€211,212▼
Fixed assets21/28€252,122-
Intangible fixed assets21€245,434-
Tangible fixed assets22/27€6,688-
Plant, machinery and equipment23€4,654-
Furniture and vehicles24€687-
Leasing and similar rights25€1,347-
Current assets29/58€446,447€211,212▼
Amounts receivable within one year40/41€373,171€196,872▼
Trade receivables40€371,582-
Other amounts receivable41€1,589€196,872▲
Deferred charges and accrued income490/1€73,276€14,340▼
Equity and liabilities
Total equity and liabilities10/49€698,569€211,212▼
Equity10/15-€104,015€180,443▲
Contributions10/11€21,000€21,000=
Reserves13€158,679€159,443▲
Distributable reserves133€158,679€159,443▲
Profit (loss) carried forward14-€283,694-
Amounts payable17/49€802,585€30,769▼
Amounts payable after more than one year17€2,888-
Financial debts170/4€2,888-
Amounts payable within one year42/48€788,363€30,769▼
Current portion of amounts payable after more than one year42€17,602-
Financial debts43€38,223-
Credit institutions430/8€38,223-
Trade debts44€180,111€11,325▼
Suppliers440/4€180,111€11,325▼
Taxes, remuneration and social security45€115,515€13,888▼
Taxes450/3€9,746€13,888▲
Remuneration and social security454/9€105,769-
Other amounts payable47/48€436,912€5,556▼
Accrued charges and deferred income492/3€11,334-
Income statement Code20252026
Non-recurring operating income76A€8,530€300,000▲
Remuneration, social security and pensions62€756,566€301,881▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94,658€48,158▼
Other operating charges640/8€3,301€1,147▼
Gross operating margin9900€647,869€652,750▲
Operating profit (loss)9901-€206,656€301,565▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€15,480€6,043▼
Recurring financial charges65€15,480€6,043▼
Profit (loss) for the period before taxes9903-€222,134€295,522▲
Income taxes67/77€2,206€11,063▲
Profit (loss) for the period9904-€224,339€284,458▲
Profit (loss) for the period to be appropriated9905-€224,339€284,458▲
Appropriation of the result
Profit (loss) to be appropriated9906-€283,694€764▲
Profit (loss) brought forward from the previous period14P-€59,355-€283,694▼
Transfer to equity691/2-€764
To other reserves6921-€764
Social balance sheet
Average headcount (FTE)90878.77.4▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20192020202120222023202420252026Change
Non-recurring operating income76A------€0.009m€0.3m▲ 35×
Remuneration, social security and pensions62---€0.9m€0.9m€0.8m€0.8m€0.3m▼ 60.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m€0.005m€0.01m€0.02m€0.04m€0.07m€0.09m€0.05m▼ 49.1%
Other operating charges640/8---€0.04m€0.05m€0.03m€0.003m€0.001m▼ 65.3%
Gross operating margin9900€0.6m€0.9m€1.3m€1.1m€0.9m€0.9m€0.6m€0.7m▲ 0.8%
Operating profit (loss)9901€0.1m€0.06m€0.3m€0.2m-€0.1m-€0.04m-€0.2m€0.3m-
Financial income75/76B---€4€0.004m-€3€0▼ 96.1%
Recurring financial income75€0.02m-€229€4€0.004m-€3€0▼ 96.1%
Financial charges65/66B---€0.02m€0.01m€0.01m€0.02m€0.006m▼ 61.0%
Recurring financial charges65€0.05m€0.01m€0.01m€0.02m€0.01m€0.01m€0.02m€0.006m▼ 61.0%
Profit (loss) for the period before taxes9903€0.07m€0.05m€0.3m€0.2m-€0.1m-€0.06m-€0.2m€0.3m-
Income taxes67/77€0.03m€0.03m€0.08m€0.06m€0.002m€0.003m€0.002m€0.01m▲ 402%
Profit (loss) for the period9904€0.04m€0.02m€0.2m€0.1m-€0.1m-€0.06m-€0.2m€0.3m-
Profit (loss) for the period to be appropriated9905€0.04m€0.02m€0.2m€0.1m-€0.1m-€0.06m-€0.2m€0.3m-
Line20192020202120222023202420252026Change
Assets
Total assets20/58€443,327€923,102€979,010€664,619€739,121€797,183€698,569€211,212▼ 69.8%
Fixed assets21/28€4,530€6,001€67,501€51,183€167,000€308,220€252,122--
Intangible fixed assets21€1€1€35,303€27,871€147,546€292,334€245,434--
Tangible fixed assets22/27€4,529€6,000€32,198€23,312€19,454€15,886€6,688--
Plant, machinery and equipment23----€3,058€4,688€4,654--
Furniture and vehicles24---€23,312€16,396€9,504€687--
Leasing and similar rights25-----€1,694€1,347--
Current assets29/58€438,797€917,101€911,510€613,436€572,121€488,963€446,447€211,212▼ 52.7%
Amounts receivable within one year40/41€407,221€882,274€770,951€471,970€261,471€439,758€373,171€196,872▼ 47.2%
Trade receivables40---€199,771€224,941€405,443€371,582--
Other amounts receivable41---€272,199€36,530€34,315€1,589€196,872▲ 124×
Cash at bank and in hand54/58€31,576€33,292€137,289€120,448€118,087€29,686---
Deferred charges and accrued income490/1---€21,019€192,563€19,519€73,276€14,340▼ 80.4%
Equity and liabilities
Total equity and liabilities10/49€443,327€923,102€979,010€664,619€739,121€797,183€698,569€211,212▼ 69.8%
Equity10/15€48,880€68,014€245,127€301,324€179,679€120,324-€104,015€180,443-
Contributions10/11€21,000€21,000-€21,000€21,000€21,000€21,000€21,000=
Reserves13€2,100€47,014€224,127€280,324€158,679€158,679€158,679€159,443▲ 0.5%
Distributable reserves133---€280,324€158,679€158,679€158,679€159,443▲ 0.5%
Profit (loss) carried forward14€25,780-----€59,355-€283,694--
Amounts payable17/49€394,447€855,088€733,884€363,295€559,442€676,859€802,585€30,769▼ 96.2%
Amounts payable after more than one year17-€16,619€21,106€15,062€8,908€7,073€2,888--
Financial debts170/4---€15,062€8,908€7,073€2,888--
Amounts payable within one year42/48€394,447€837,272€712,777€348,234€550,533€669,787€788,363€30,769▼ 96.1%
Current portion of amounts payable after more than one year42---€6,045€6,153€7,731€17,602--
Financial debts43---€76,670€46,682€45,456€38,223--
Credit institutions430/8---€76,670€46,682€45,456€38,223--
Trade debts44€246,507€617,156€437,449€23,019€176,363€121,258€180,111€11,325▼ 93.7%
Suppliers440/4---€23,019€176,363€121,258€180,111€11,325▼ 93.7%
Taxes, remuneration and social security45---€157,182€165,223€140,387€115,515€13,888▼ 88.0%
Taxes450/3---€24,621€28,187€12,965€9,746€13,888▲ 42.5%
Remuneration and social security454/9---€132,561€137,035€127,421€105,769--
Other amounts payable47/48---€85,319€156,113€354,955€436,912€5,556▼ 98.7%
Accrued charges and deferred income492/3------€11,334--
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€44,500€19,134€177,113€111,753-€121,645-€59,355-€224,339€284,458-
+ Depreciation and write-downs630€2,640€4,636€10,111€16,317€35,669€67,049€94,658€48,158▼ 49.1%
Operating cash flow (approximation)€47,140€23,769€187,224€128,070-€85,976€7,695-€129,681€332,616-
Investment in fixed assets (approximation)--€6,106-€71,611€0-€151,486-€208,270-€38,560--
Change in cash-€1,716€103,997-€16,841-€2,361-€88,401---

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 29-10-2026 2026-00594778 NBB
31-03-2025 abbreviated format 24-10-2025 2025-00550328 PDF
31-03-2024 abbreviated format 18-11-2024 2024-00601785 PDF
31-03-2023 abbreviated format 04-10-2023 2023-00473311 PDF
31-03-2022 abbreviated format 03-11-2022 2022-20483223 PDF
31-03-2021 abbreviated format 13-10-2021 2021-71900180 PDF
31-03-2020 abbreviated format 24-09-2020 2020-55600379 PDF
31-03-2019 abbreviated format 31-10-2019 2019-72600381 PDF
31-03-2018 abbreviated format 31-10-2018 2018-71500048 PDF
31-03-2017 abbreviated format 27-10-2017 2017-68100591 PDF

Show all 15 filings

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