CRM.DEV
Open bankruptcySummary
A bankruptcy procedure is open for CRM.DEV according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €5.5m and a net result of €341,793.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 4 February 2025
- Supervising judge
- Dirk Coussee
- Official Gazette
- 12-02-2025 (pdf) ↗search the document for 2025/105921
Curators
- Laurence MontagnePresident Rooseveltplein 5 B2, 8500 Kortrijkadv.laurence.montagne@outlook.com
- Guy DelabieEngelse Wandeling 74, 8510 Marke- us.be
- Sylvie FoulonBornstraat 44, 8800 Roeselareinfo@lauwersadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 02-05-2023, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
2 d late
2021
3 d late
2020
56 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Computer programming sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
€5.5m▲ 6.6%
2021 · €5.2m
Total assets
€13.5m▼ 1.0%
2021 · €13.6m
Net result
€341,793▲ 122%
2021 · €153,720
Working capital
€855,340▼ 75.6%
2021 · €3.5m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€784,814-€658,804▼ 16.1%€696,936▲ 5.8%€447,914▼ 35.7%€658,519▲ 47.0%
Net result€322,933-€254,930▼ 21.1%€329,416▲ 29.2%€153,720▼ 53.3%€341,793▲ 122%
Equity€4.5m-€4.7m▲ 5.7%€5.0m▲ 7.0%€5.2m▲ 3.0%€5.5m▲ 6.6%
Total assets€12.1m-€13.5m▲ 11.4%€13.8m▲ 2.6%€13.6m▼ 1.8%€13.5m▼ 1.0%
Debt€7.6m-€8.8m▲ 14.7%€8.8m▲ 0.3%€8.4m▼ 4.6%€7.9m▼ 5.7%
Working capital€2.5m-€2.0m▼ 19.3%€196,607▼ 90.3%€3.5m▲ 1,684%€855,340▼ 75.6%
Staff (FTE)11.9-8.1▼ 31.9%6.4▼ 21.0%5.2▼ 18.8%3.8▼ 26.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 47% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €13.5m
Fixed assets
€8.1m ▲ 38.7%
Current assets
€5.4m ▼ 30.9%
Equity and liabilities €13.5m
Equity
€5.5m ▲ 6.6%
Debt
€7.9m ▼ 5.7%
Debt's share of the balance-sheet total falls from 61.8% to 58.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.1m▼
2021 · €2.3m
Cash flow
€1.8m▼
2021 · €2.0m
Current ratio
1.19▼
2021 · 1.82
Quick ratio
1.10▼
2021 · 1.27
Debt to equity
1.43▼
2021 · 1.61
ROE
6.2%▲
2021 · 3.0%
ROA
2.5%▲
2021 · 1.1%
Interest coverage
12.16▲
2021 · 9.03
Debt ≤ 1 year
€4.5m▲
2021 · €4.3m
Debt > 1 year
€3.4m▼
2021 · €4.1m
Income taxes
€145,830▲
2021 · €47,252
Staff costs
€202,292▼
2021 · €280,802
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 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €280,802 | €202,292 | ▼ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.2m | €1.5m | €1.6m | €1.8m | €1.4m | ▼ 20.6% |
| Other operating charges640/8 | - | - | - | €11,982 | €1,960 | ▼ 83.6% |
| Gross operating margin9900 | €2.7m | €2.6m | €2.7m | €2.5m | €2.3m | ▼ 9.8% |
| Operating profit (loss)9901 | €784,814 | €658,804 | €696,936 | €447,914 | €658,519 | ▲ 47.0% |
| Financial income75/76B | - | - | - | €2,625 | €1,053 | ▼ 59.9% |
| Recurring financial income75 | €1,433 | €10 | €3,152 | €2,625 | €1,053 | ▼ 59.9% |
| Financial charges65/66B | - | - | - | €249,567 | €171,949 | ▼ 31.1% |
| Recurring financial charges65 | €399,953 | €264,314 | €218,559 | €249,567 | €171,949 | ▼ 31.1% |
| Profit (loss) for the period before taxes9903 | €386,294 | €394,499 | €481,529 | €200,972 | €487,623 | ▲ 143% |
| Income taxes67/77 | €63,360 | €139,569 | €152,113 | €47,252 | €145,830 | ▲ 209% |
| Profit (loss) for the period9904 | €322,933 | €254,930 | €329,416 | €153,720 | €341,793 | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €322,933 | €254,930 | €329,416 | €153,720 | €341,793 | ▲ 122% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.1m | €13.5m | €13.8m | €13.6m | €13.5m | ▼ 1.0% |
| Formation expenses20 | €1,400 | €700 | - | - | - | - |
| Fixed assets21/28 | €6.9m | €7.5m | €9.1m | €5.8m | €8.1m | ▲ 38.7% |
| Intangible fixed assets21 | €4.0m | €4.9m | €6.5m | €2.1m | €4.5m | ▲ 118% |
| Tangible fixed assets22/27 | €2.9m | €2.7m | €2.6m | €2.7m | €2.5m | ▼ 6.8% |
| Land and buildings22 | - | - | - | €2.7m | €2.5m | ▼ 6.8% |
| Financial fixed assets28 | €4,718 | €4,718 | €4,718 | €1.1m | €1.1m | = |
| Current assets29/58 | €5.2m | €5.9m | €4.7m | €7.8m | €5.4m | ▼ 30.9% |
| Stocks and contracts in progress3 | €2.7m | €2.3m | €1.5m | €2.3m | €393,500 | ▼ 83.2% |
| Stocks30/36 | - | - | - | €2.3m | €393,500 | ▼ 83.2% |
| Amounts receivable within one year40/41 | €1.4m | €2.8m | €2.3m | €4.6m | €4.1m | ▼ 11.5% |
| Trade receivables40 | - | - | - | €4.6m | €4.1m | ▼ 11.5% |
| Cash at bank and in hand54/58 | €1.1m | €854,462 | €873,687 | €817,587 | €901,315 | ▲ 10.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.1m | €13.5m | €13.8m | €13.6m | €13.5m | ▼ 1.0% |
| Equity10/15 | €4.5m | €4.7m | €5.0m | €5.2m | €5.5m | ▲ 6.6% |
| Contributions10/11 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Capital10 | - | - | - | €3.0m | €3.0m | = |
| Issued capital100 | - | - | - | €3.0m | €3.0m | = |
| Revaluation surpluses12 | - | - | - | €700,000 | €700,000 | = |
| Reserves13 | €228,000 | €228,000 | €228,000 | €228,000 | €228,000 | = |
| Non-distributable reserves130/1 | - | - | - | €215,000 | €215,000 | = |
| Legal reserve130 | - | - | - | €215,000 | €215,000 | = |
| Tax-exempt reserves132 | - | - | - | €13,000 | €13,000 | = |
| Profit (loss) carried forward14 | €534,299 | €789,229 | €1.1m | €1.3m | €1.6m | ▲ 26.9% |
| Amounts payable17/49 | €7.6m | €8.8m | €8.8m | €8.4m | €7.9m | ▼ 5.7% |
| Amounts payable after more than one year17 | €4.9m | €4.8m | €4.2m | €4.1m | €3.4m | ▼ 17.8% |
| Financial debts170/4 | - | - | - | €4.1m | €3.4m | ▼ 17.8% |
| Amounts payable within one year42/48 | €2.7m | €3.9m | €4.5m | €4.3m | €4.5m | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €801,376 | €740,000 | ▼ 7.7% |
| Trade debts44 | €330,811 | €1.2m | €1.5m | €97,012 | €48,890 | ▼ 49.6% |
| Suppliers440/4 | - | - | - | €97,012 | €48,890 | ▼ 49.6% |
| Taxes, remuneration and social security45 | - | - | - | €122,420 | €229,567 | ▲ 87.5% |
| Taxes450/3 | - | - | - | €88,369 | €191,679 | ▲ 117% |
| Remuneration and social security454/9 | - | - | - | €34,051 | €37,888 | ▲ 11.3% |
| Other amounts payable47/48 | - | - | - | €3.2m | €3.5m | ▲ 7.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €322,933 | €254,930 | €329,416 | €153,720 | €341,793 | ▲ 122% |
| + Depreciation and write-downs630 | €1.2m | €1.5m | €1.6m | €1.8m | €1.4m | ▼ 20.6% |
| Operating cash flow (approximation) | €1.5m | €1.8m | €1.9m | €2.0m | €1.8m | ▼ 9.4% |
| Investment in fixed assets (approximation) | - | -€2.2m | -€3.1m | €1.5m | -€3.7m | ▼ 352% |
| Change in cash | - | -€256,722 | €19,226 | -€56,101 | €83,729 | ▲ 249% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 04-02-2025
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Highest result since 2018net €341,793 ▲122%
Net result €341,793, the highest in the series.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-09
Financial
Weakest financial yearnet €153,720 ▼53.3%
Net result drops to €153,720, the lowest in the series.
05-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €5mEq €5.0m ▲7%
3 profitable years in a row build equity to €5.0m.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Waregem · 2 establishment units since 1998
Ground area
9,687 m²
Building footprint
2,869 m²
Volume, LiDAR
29,005 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
2 establishment units
Gentseweg 203, 8792 Waregem
since 19982.086.438.722
CRM.DEV NV
since 20072.167.336.029
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24093C0023/00D000 | Flanders | 6,586 m² | 1 · 2,363 m² | 11.4 m · 3 fl. |
| 34010A0543/00S000 | Flanders | 3,101 m² | 1 · 506 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | Laurence MONTAGNE President Rooseveltplein 5 B2,
8500 KORTRIJK |
04-02-2025 → present |
| Curator | GUY
DELABIE ENGELSE WANDELING 74, 8510 MARKE- guy.delabie@vy-
us.be |
04-02-2025 → present |
| Curator | SYLVIE FOULON BORNSTRAAT 44, 8800 ROESELARE- |
04-02-2025 → present |
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,775. 1,218 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-10-1997
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.