CRIVE
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
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 has been growing by about 5.7% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 23-12-1992 Normal situation
- Legal form
- Public limited company
- Registered office
- Rue des Communes 47, 1490 Court-Saint-Etienne
- Activity
- “L'achat, la vente, l'échange, la gestion, la construction, le leasing, la transformation, l'aménagement, la…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.060.503.001 1490 Court-Saint-Etienne, since 25-01-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Board and ownership
- Philippe ThonManaging director
- THEYS JacquesDirector
- Véronique ThonDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €199,747
- ▲ 4.4%
- Profit
- €350,283
- ▲ 56.5%
- Equity
- €3.0m
- ▲ 10.7%
- Total assets
- €3.1m
- ▲ 7.0%
- Staff
- ≈ 0.8 FTE
- estimated
Score breakdownlowers riskSize: turnover €199,747, total assets €3.1mFounded in 1992Equity €3.0m (97.9% of total assets)Liquidity: current ratio 9.54, cash €552,773Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small). It does better than 82% of them on solvency, 90% on liquidity, 94% on profitability and 73% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 35 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, full format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 01-06-2026
- Format
- full format
- Reference
- 2026-00132744
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €29,808, after a loss of €5,217 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as CRIVE has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of CRIVE itself: < 0.1% 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.
| 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 20,136 companies, not a prediction for CRIVE. 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.
| 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 | ▲ 173× |
| 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% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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.
Directors
Board 3
Day-to-day management 1
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Philippe Thon |
|
| THEYS Jacques |
|
| Véronique Thon |
|
The board according to the articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Peut être constitué de deux administrateurs tant que la société compte moins de trois actionnaires, administrateurs nommés par l'assemblée…”“Le conseil d'administration élit parmi ses membres un président, en cas d'empêchement du président, il est remplacé par le vice-président…”“La réunion se tient au lieu indiqué dans la convocation et à défaut, au siège social, chaque fois que l'intérêt de la société l'exige”“Le conseil d'administration ne peut délibérer et statuer valablement que si la moitié au moins de ses membres sont présents ou représentés”4 more provisions on this in the deed
- Director compensationThe general meeting decides whether and how directors are paid for their mandate.
- One provision in the deed
Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- One provision in the deed
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “À défaut de nomination, liquidation par l'organe d'administration en fonction., liquidateurs nommés par l'assemblée générale”“Les liquidateurs sont compétents pour accomplir toutes les opérations prévues par la loi sauf si l'assemblée générale en décide autrement à…”
Articles of association, deed of 05-06-2026 (in French)
Owners and capital
Capital transactions
- 05-06-2026 Capital stated in the deed · €61,500 · 5,450 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Tout actionnaire peut prendre connaissance, nominatives”1 more provision on this in the deed
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Toute cession ou transmission d'actions à des tiers, volontaire ou forcée, entre vifs ou pour cause de mort, à titre onéreux ou à titre…”“L'absence de réponse dans le délai accordé vaut renonciation au droit de préemption, au prorata de leur participation dans les actions de la…”“Si le nombre d'actions pour lesquelles le droit est exercé excède le nombre offert, répartition proportionnelle sans fractionnement…”“Valeur intrinsèque des actions calculée sur base du dernier compte annuel approuvé, passé ce délai, intérêt de plein droit et sans mise en…”“Les dispositions concernant les cessions entre vifs s'appliquent mutatis mutandis aux transmissions pour cause de mort, sous peine de…”“Toutes les notifications et communications imposées à l'actionnaire-cédant sont faites par chaque héritier ou légataire pour leur compte”1 more provision on this in the deed
- Pre-emptive rightsExisting shareholders may buy new shares first, in proportion to what they already hold.
- “Aux actionnaires proportionnellement à la partie du capital que représentent leurs actions, augmentation de capital, émission d’obligations…”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “Un-dixième du capital social, 5”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 05-06-2026 (in French)
Group and network
Connections & network
3 current directorsThe network starts from the directors of CRIVE. Every other company they run is a node.
History
Acts, filings and financial milestones
05-06
Gazette deed
Appointments: THON Philippe, THON Véronique and THEYS JacquesAmendment of the articles · Capital · Power of attorney10 points ▸
- General meeting, 27-05-2026
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €61,500
- Director appointment, THON Philippe (director)
- Director appointment, THON Véronique (director)
- Director appointment, THEYS Jacques (director)
- Board meeting, “nomination d'administrateur délégué à la gestion journalière, conseil d'administration” (deed in French)
- Director appointment, THON Philippe (managing director)
- Other provision, “L'assemblée générale décide de donner la mission au notaire soussigné d'établir et de signer la coordination des statuts et d'assurer son dépôt au dossier de la…” (deed in French)
- Power of attorney, THON Philippe
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
7 activities
- L'achat, la vente, l'échange, la gestion, la construction, le leasing, la transformation, l'aménagement, la décoration, la location, la sous-location, l'exploitation, l'échange, la promotion et en général tout ce qui se rattache directement ou indirectement à la mise en valeur de propriétés immobilières, bâties ou non bâties
- De mener toutes opérations financières, de gestion et de recherches, plus spécialement l'achat, la vente, l'échange, et la gestion de toutes valeurs mobilières et immobilières, actions, parts sociales et obligations, la prise de participation sous quelque forme que ce soit dans toutes les sociétés et entreprises industrielles, commerciales et financières existantes ou à créer, ainsi que tous les placements, prêts, avances ou garanties
- De mener des activités de bureau de comptabilité et de fiscalité, de courtage, de bureau d'études, d'organisation et de conseil en matière financière, commerciale, fiscale ou sociale, de travaux d'administration et de bureau d'études industrielles et de conseil en gestion d'entreprises, et plus généralement tout ce qui se rapporte à la consultance en marketing dans son sens le plus large
- Toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter la réalisation
- S'intéresser, par voie d'apport, de fusion, de scission, de participation, de souscription et par tout autre moyen, dans toutes sociétés, entreprises ou associations ayant un objet similaire ou connexe au sien, ou de nature à favoriser la réalisation de son objet
- Acheter, prendre à bail, louer, construire, vendre ou échanger tous biens meubles et immeubles, matériels et installations
- Exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25023F0351/00H000 | Wallonia | 2,371 m² | 1 · 200 m² | 9.8 m · 3 |