CRIVACO
ActiveCRIVACO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536k and a net result of €146k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-3
Solvency47▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.8 in 2024; short-term debt: 27.5% and cash: 9.1% of total assets), but 78.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
21.6%
Return on assets
5.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €536k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
30 d late
2022
3 d early
2021
2 d early
2020
33 d early
2019
109 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€146k▼ 25.4%
2024 · €195k
2018: €6k
2019: €12k
2020: €-131k
2021: €-31k
2022: €-54k
2023: €153k
2024: €195k
2018 → 2025
Working capital
€933k▲ 1.0%
2024 · €923k
2018: €-248k
2019: €161k
2020: €164k
2021: €160k
2022: €929k
2023: €860k
2024: €923k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€42k▼ 56.5%€195k▲ 368%€390k▲ 100%€536k▲ 37.3%
Operating result€14k-€-16k€194k€245k▲ 26.5%€210k▼ 14.2%
Net result€-31k-€-54k▼ 76.1%€153k€195k▲ 27.2%€146k▼ 25.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.48M
Fixed assets
€863k▼ 0.8%
Current assets
€1.61M▲ 12.4%
Equity and liabilities €2.48M
Equity
€536k▲ 37.3%
Debt
€1.94M▲ 1.3%
The debt ratio falls from 83.1% to 78.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€335k▼
2024 · €382k
Cash flow
€271k▼
2024 · €332k
Solvency
21.6%▲
2024 · 16.9%
Current ratio
2.37▼
2024 · 2.80
Quick ratio
1.72▼
2024 · 2.00
Debt / equity
3.62▼
2024 · 4.91
ROE
27.2%▼
2024 · 50.0%
ROA
5.9%▼
2024 · 8.5%
Interest coverage
7.41▼
2024 · 7.42
Debt
€1.94M▲
2024 · €1.92M
Debt ≤ 1 year
€682k▲
2024 · €513k
Debt > 1 year
€1.26M▼
2024 · €1.40M
Income taxes
€21k▲
2024 · €558
Staff costs
€408k▲
2024 · €330k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.31M€2.48M▲
Formation expenses20€82-
Fixed assets21/28€870k€863k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€870k€863k▼
Land and buildings22€806k€761k▼
Plant, machinery and equipment23€56k€73k▲
Furniture and vehicles24€8k€30k▲
Current assets29/58€1.44M€1.61M▲
Stocks and contracts in progress3€411k€441k▲
Stocks30/36€411k€441k▲
Amounts receivable within one year40/41€826k€905k▲
Trade receivables40€305k€336k▲
Other amounts receivable41€521k€569k▲
Cash at bank and in hand54/58€157k€225k▲
Deferred charges and accrued income490/1€42k€43k▲
Equity and liabilities
Total equity and liabilities10/49€2.31M€2.48M▲
Equity10/15€390k€536k▲
Contributions10/11€320k€320k=
Capital10€320k€320k=
Issued capital100€320k€320k=
Reserves13€70k€216k▲
Non-distributable reserves130/1€13k€20k▲
Legal reserve130€13k€20k▲
Distributable reserves133€57k€196k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.92M€1.94M▲
Amounts payable after more than one year17€1.40M€1.26M▼
Financial debts170/4€1.40M€1.26M▼
Other amounts payable178/9€2k€2k▲
Amounts payable within one year42/48€513k€682k▲
Current portion of amounts payable after more than one year42€153k€155k▲
Financial debts43€9-
Other loans439€9-
Trade debts44€286k€338k▲
Suppliers440/4€286k€338k▲
Advances received on contracts in progress46-€53k
Taxes, remuneration and social security45€60k€113k▲
Taxes450/3€24k€76k▲
Remuneration and social security454/9€37k€37k▲
Other amounts payable47/48€14k€22k▲
Accrued charges and deferred income492/3€0€148▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€330k€408k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€137k€125k▼
Other operating charges640/8€25k€31k▲
Non-recurring operating charges66A€464-
Gross operating margin9900€738k€774k▲
Operating profit (loss)9901€245k€210k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€51k€45k▼
Recurring financial charges65€51k€45k▼
Profit (loss) for the period before taxes9903€196k€167k▼
Income taxes67/77€558€21k▲
Profit (loss) for the period9904€195k€146k▼
Profit (loss) for the period to be appropriated9905€195k€146k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€146k▲
Profit (loss) brought forward from the previous period14P€-138k-
Transfer to equity691/2€57k€146k▲
To the legal reserve6920-€7k
To other reserves6921€57k€138k▲
Social balance
Average headcount (FTE)90875.67.4▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €500kEq €536k ▲37.3%
3 profitable years in a row build equity to €536k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €195k ▲27.2%
Operating result €245k, net result €195k, both a record.
31-12
Financial
Equity above €200kEq €390k ▲100%
2 profitable years in a row build equity to €390k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €153k
Net result €153k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €195k ▲368%
Equity rises from €42k to €195k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-131k ▼1174%
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 109 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Lievegem · 1 establishment unit since 1983
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan 569920 LievegemGround area
1,883 m²
Building footprint
1,477 m²
Volume, LiDAR
10,359 m³
Parcel 44452B1490/00R000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grote Baan 56, 9920 Lievegem
since 19832.023.177.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B1490/00R000 | Flanders | 1,883 m² | 1 · 1,477 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 107 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 107 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 10,679 companies in sector 47811 we hold annual accounts for 5,225. 3,411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-1983
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
25110Manufacture of metal structures and parts of structures
28110
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.