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CRLS

Active
Private limited companyfounded 2006active for 19 yearsZandstraat 412, 8200 Brugge, BelgiumKBO/BCE: BE 0885.387.195
Summary

CRLS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,983 and a net result of -€35,785. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 16% of 9,614 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Floor and wall tiling
NACE 43331Wallpapering and laying of floor and wall coverings in other materials NACE 43333
1 site
Size
€784,463total assets 2025
Staff
1 FTE
Equity
€119,983
Loss
-€35,785
Turnover not published (abbreviated format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts filed 5 days late1 of 9 deeds read
Why 67raises risk1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €784,463Figures for financial year 2025 (filed 06-02-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 22% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 40-3
equity 15.3% of total assets
Liquidity 47-9
short-term debt 25.7% · cash 5.0%
Profitability 24-45
return on assets -4.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.8%▲ +0.2 percentage points vs 12-2025 02-2026: 1.3%▲ +0.5 percentage points vs 01-2026highest value 03-2026: 0.7%▼ -0.6 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.71, compared with 0.78 in 2024, below 1; short-term debt: 25.7% and cash: 5% of total assets), and 84.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 43, micro): better than 18% on solvency, 37% on liquidity, 15% on profitability and 17% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €784,463
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 06-02-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9614 sector peers (2025).
NBB · sector comparison
Position among 9614 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
4 days late
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end15-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: John Eggerickx (director)Amendment of the articles ·…
  3. Weakest financial yearnet -€35,785

Key points

  • Caution: Among the weakest 9% on net resultsector median €27,542 · 9,606 companies -€35,785 View
  • Total assets 20256 financial years filed €784,463 View
  • Active since 2006founded 01-12-2006 19 years View

By topic

Financials

Financial year
2025
Total assets
€784,463
Loss
-€35,785
Solvency
15.3%
Total assets▼ 7.6%
Net result
20192025
Go to Financials

Timeline

Events
23
Since
2009
Next accounts
by 31-01-2027
  1. 04-02-2025Annual accounts filed
  2. 31-01-2024Annual accounts filed
  3. 30-06-2023Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Floor and wall tilingNACE 43331
Founded
01-12-2006
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Annual meeting
Last Friday of November at 18:00
Purpose
“Aanneming in volgende werken: aanbrengen in gebouwen en andere bouwwerken van: vloer- of…” (deed in Dutch)
Go to Articles of association

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