CRIVE
ActiveSummary
CRIVE has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €350,283. Equity is growing by about 5.7% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, full format
Turnover
€199,747▲ 4.4%
2024 · €191,346
EBIT margin
14.9%▲ 17.6pp
2024 · -2.7%
Net result
€350,283▲ 56.5%
2024 · €223,815
Working capital
€498,884▲ 2.4%
2024 · €487,137
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €29,808 after a loss of €5,217 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.2m
2025
Operating result€0.03m
2025
Net result€0.4m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.1m
2025
Equity€3.0m
2025
Debt€0.06m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin14.9%
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
Turnover€0.2m-€0.2m▲ 0.3%€0.2m▲ 2.0%€0.2m▲ 1.0%€0.2m▲ 5.5%€0.2m▲ 10.1%€0.2m▲ 2.6%€0.2m▲ 4.4%
Operating result€0.05m-€0.06m▲ 8.4%€0.06m▲ 2.9%€0.04m▼ 34.8%€0.04m▲ 9.0%€0.03m▼ 21.7%-€0.005m€0.03m
Net result€0.04m-€0.6m▲ 1,702%€0.4m▼ 37.2%€0.2m▼ 61.2%€0.2m▲ 25.4%€0.2m▲ 10.9%€0.2m▲ 3.2%€0.4m▲ 56.5%
EBIT margin33.9%-36.6%▲ 2.7pp36.9%▲ 0.3pp23.8%▼ 13.1pp24.6%▲ 0.8pp17.5%▼ 7.1pp-2.7%▼ 20.2pp14.9%▲ 17.6pp
Equity€1.7m-€2.3m▲ 37.7%€2.4m▲ 2.2%€2.3m▼ 2.7%€2.4m▲ 4.1%€2.6m▲ 7.5%€2.7m▲ 4.9%€3.0m▲ 10.7%
Total assets€2.2m-€2.3m▲ 4.2%€2.7m▲ 17.3%€2.5m▼ 7.3%€2.5m▼ 0.9%€2.7m▲ 5.1%€2.9m▲ 8.9%€3.1m▲ 7.0%
Debt€0.5m-€0.003m▼ 99.5%€0.4m▲ 13,729%€0.2m▼ 38.1%€0.1m▼ 54.3%€0.05m▼ 53.1%€0.2m▲ 226%€0.06m▼ 58.3%
Working capital-€0.1m-€0.6m€0.7m▲ 17.1%€0.3m▼ 49.8%€0.4m▲ 30.9%€0.7m▲ 51.4%€0.5m▼ 28.2%€0.5m▲ 2.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€2.5m ▲ 12.5%
Current assets
€557,275 ▼ 12.3%
Equity and liabilities €3.1m
Equity
€3.0m ▲ 10.7%
Debt
€64,238 ▼ 58.3%
Debt's share of the balance-sheet total falls from 5.3% to 2.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€132,579▲
2024 · €82,363
Cash flow
€453,053▲
2024 · €311,395
Current ratio
9.54▲
2024 · 4.29
Debt to equity
0.02▼
2024 · 0.06
ROE
11.6%▲
2024 · 8.2%
ROA
11.3%▲
2024 · 7.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€58,391▼
2024 · €148,062
Debt > 1 year
€5,847▲
2024 · €5,842
Income taxes
-€17,542▼
2024 · €45,411
Staff costs
€24,392
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 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €155,321 | €155,730 | €158,817 | €160,452 | €169,353 | €186,409 | €191,346 | €199,747 | ▲ 4.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €27,881 | €33,131 | €68,411 | €50,406 | €32,404 | ▼ 35.7% |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | - | €24,392 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,997 | €69,399 | €68,661 | €75,124 | €81,558 | €71,143 | €87,580 | €102,770 | ▲ 17.3% |
| Other operating charges640/8 | - | - | - | €19,190 | €12,971 | €14,190 | €58,577 | €16,631 | ▼ 71.6% |
| Gross operating margin9900 | €135,424 | €138,183 | €139,734 | €132,571 | €136,222 | €117,998 | €140,940 | €173,602 | ▲ 23.2% |
| Operating profit (loss)9901 | €52,608 | €57,020 | €58,666 | €38,257 | €41,692 | €32,665 | -€5,217 | €29,808 | - |
| Financial income75/76B | - | - | - | €150,271 | €150,389 | €199,027 | €274,519 | €302,941 | ▲ 10.4% |
| Recurring financial income75 | €125 | €598,167 | €360,522 | €150,235 | €150,389 | €199,027 | €274,519 | €302,915 | ▲ 10.3% |
| Non-recurring financial income76B | - | - | - | €36 | - | - | €0 | €26 | ▲ 17,180% |
| Financial charges65/66B | - | - | - | €7 | €220 | €6 | €75 | €8 | ▼ 89.3% |
| Recurring financial charges65 | €66 | €64 | €4 | €7 | €78 | €6 | €75 | €7 | ▼ 91.1% |
| Non-recurring financial charges66B | - | - | - | - | €142 | €6 | €75 | €1 | ▼ 98.2% |
| Profit (loss) for the period before taxes9903 | €50,214 | €655,183 | €419,131 | €188,522 | €191,861 | €231,685 | €269,226 | €332,741 | ▲ 23.6% |
| Income taxes67/77 | €14,700 | €15,086 | €17,107 | €32,500 | -€3,717 | €14,780 | €45,411 | -€17,542 | - |
| Profit (loss) for the period9904 | €35,514 | €640,097 | €402,024 | €156,022 | €195,578 | €216,905 | €223,815 | €350,283 | ▲ 56.5% |
| Profit (loss) for the period to be appropriated9905 | €35,514 | €640,097 | €402,024 | €156,022 | €195,578 | €216,905 | €223,815 | €350,283 | ▲ 56.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.2m | €2.3m | €2.7m | €2.5m | €2.5m | €2.7m | €2.9m | €3.1m | ▲ 7.0% |
| Fixed assets21/28 | €1.8m | €1.8m | €1.7m | €2.0m | €2.0m | €1.9m | €2.3m | €2.5m | ▲ 12.5% |
| Tangible fixed assets22/27 | €1.4m | €1.4m | €1.3m | €1.6m | €1.6m | €1.5m | €1.9m | €2.1m | ▲ 15.1% |
| Land and buildings22 | - | - | - | €1.6m | €1.6m | €1.5m | €1.9m | €2.1m | ▲ 15.0% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | - | €0.001m | - |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Current assets29/58 | €0.4m | €0.6m | €1.0m | €0.6m | €0.5m | €0.7m | €0.6m | €0.6m | ▼ 12.3% |
| Amounts receivable within one year40/41 | €0.006m | €0.006m | - | - | €0.2m | - | - | €0.004m | - |
| Trade receivables40 | - | - | - | - | - | - | - | €0.004m | - |
| Other amounts receivable41 | - | - | - | - | €0.2m | - | - | - | - |
| Current investments50/53 | €12 | €321 | €320 | €320 | €320 | €319 | €319 | €318 | ▼ 0.4% |
| Cash at bank and in hand54/58 | €0.4m | €0.6m | €1.0m | €0.6m | €0.4m | €0.7m | €0.6m | €0.6m | ▼ 12.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.2m | €2.3m | €2.7m | €2.5m | €2.5m | €2.7m | €2.9m | €3.1m | ▲ 7.0% |
| Equity10/15 | €1.7m | €2.3m | €2.4m | €2.3m | €2.4m | €2.6m | €2.7m | €3.0m | ▲ 10.7% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.7m | €0.7m | €0.4m | €0.1m | €0.05m | €0.1m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.03m | €0.1m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.9m | €1.6m | €2.0m | €2.1m | €2.3m | €2.4m | €2.2m | €2.5m | ▲ 13.6% |
| Amounts payable17/49 | €0.5m | €0.003m | €0.4m | €0.2m | €0.1m | €0.05m | €0.2m | €0.06m | ▼ 58.3% |
| Amounts payable after more than one year17 | - | €0.002m | €0.002m | - | - | €0.003m | €0.006m | €0.006m | ▲ 0.1% |
| Other amounts payable178/9 | - | - | - | - | - | €0.003m | €0.006m | €0.006m | ▲ 0.1% |
| Amounts payable within one year42/48 | €0.5m | €232 | €0.4m | €0.2m | €0.1m | €0.04m | €0.1m | €0.06m | ▼ 60.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €60 | - | - | - | - | - |
| Trade debts44 | - | - | - | - | €0.001m | €81 | €0.01m | €0.001m | ▼ 93.2% |
| Suppliers440/4 | - | - | - | - | €0.001m | €81 | €0.01m | €0.001m | ▼ 93.2% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €0.01m | €0.07m | - | - |
| Taxes450/3 | - | - | - | - | - | €0.01m | €0.07m | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.1m | €0.03m | €0.07m | €0.06m | ▼ 13.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,514 | €640,097 | €402,024 | €156,022 | €195,578 | €216,905 | €223,815 | €350,283 | ▲ 56.5% |
| + Depreciation and write-downs630 | €70,997 | €69,399 | €68,661 | €75,124 | €81,558 | €71,143 | €87,580 | €102,770 | ▲ 17.3% |
| Operating cash flow (approximation) | €106,511 | €709,496 | €470,685 | €231,146 | €277,137 | €288,048 | €311,395 | €453,053 | ▲ 45.5% |
| Investment in fixed assets (approximation) | - | -€268 | -€21,212 | -€348,061 | -€71,298 | -€25,735 | -€411,155 | -€383,811 | ▲ 6.7% |
| Change in cash | - | €164,055 | €458,600 | -€472,587 | -€192,154 | €352,887 | -€88,042 | -€82,107 | ▲ 6.7% |
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 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 01-06-2026 | 2026-00132744 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00210654 |
| 31-12-2023 | full format | 28-05-2024 | 2024-00100042 |
| 31-12-2022 | full format | 25-07-2023 | 2023-00265042 |
| 31-12-2021 | full format | 30-06-2022 | 2022-20161166 |
| 31-12-2020 | full format | 14-07-2021 | 2021-36000297 |
| 31-12-2019 | full format | 23-06-2020 | 2020-22600013 |
| 31-12-2018 | full format | 27-06-2019 | 2019-24300347 |
| 31-12-2017 | full format | 29-08-2018 | 2018-54400199 |
| 31-12-2016 | full format | 13-07-2017 | 2017-30700566 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.