Crocus Management
ActiveSummary
Crocus Management has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €513,692 and a net result of €4,526. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 54% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability42▼-5
Solvency61▲+28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.7 in 2023; short-term debt: 30.6% and cash: 3.2% of total assets), and 64.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
30 d late
2022
21 d early
2021
9 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#8 company by equity in Binche, Real estate sector
Equity
€513,692▲ 845%
2023 · €54,349
Total assets
€1.4m▲ 110%
2023 · €684,907
Net result
€4,526▼ 37.5%
2023 · €7,240
Working capital
€106,409▲ 13.5%
2023 · €93,736
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€31,458€10,450▼ 66.8%€25,581▲ 145%€8,983▼ 64.9%€36,718▲ 309%
Net result€17,668within the sector's middle half€768within the sector's middle half▼ 95.7%€15,591within the sector's middle half▲ 1,930%€7,240within the sector's middle half▼ 53.6%€4,526within the sector's middle half▼ 37.5%
Equity€30,750within the sector's middle half▲ 135%€31,518within the sector's middle half▲ 2.5%€47,109within the sector's middle half▲ 49.5%€54,349within the sector's middle half▲ 15.4%€513,692above the sector's middle half▲ 845%
Total assets€502,271within the sector's middle half▲ 11.4%€590,259within the sector's middle half▲ 17.5%€605,454within the sector's middle half▲ 2.6%€684,907within the sector's middle half▲ 13.1%€1.4mabove the sector's middle half▲ 110%
Debt€471,521▲ 7.7%€558,741▲ 18.5%€558,345▼ 0.1%€630,558▲ 12.9%€921,466▲ 46.1%
Working capital€75,857within the sector's middle half▲ 241%€71,732within the sector's middle half▼ 5.4%€92,892within the sector's middle half▲ 29.5%€93,736within the sector's middle half▲ 0.9%€106,409within the sector's middle half▲ 13.5%
Solvency6.1%within the sector's middle half▲ 3.2pp5.3%below the sector's middle half▼ 0.8pp7.8%within the sector's middle half▲ 2.4pp7.9%within the sector's middle half▲ 0.2pp35.8%within the sector's middle half▲ 27.9pp
Current ratio6.63above the sector's middle half▲ 2.955.03above the sector's middle half▼ 1.603.92above the sector's middle half▼ 1.111.70within the sector's middle half▼ 2.221.24within the sector's middle half▼ 0.46
Return on assets (ROA)3.5%within the sector's middle half▲ 4.7pp0.1%within the sector's middle half▼ 3.4pp2.6%within the sector's middle half▲ 2.4pp1.1%within the sector's middle half▼ 1.5pp0.3%within the sector's middle half▼ 0.7pp
Staff (FTE)11.1▲ 10.0%4.5▲ 309%4.6▲ 2.2%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 309% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€889,073 ▲ 94.3%
Current assets
€546,085 ▲ 140%
Equity and liabilities €1.4m
Equity
€513,692 ▲ 845%
Debt
€921,466 ▲ 46.1%
Debt's share of the balance-sheet total falls from 92.1% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66,362▲
2023 · €43,668
Cash flow
€34,170▼
2023 · €41,925
Quick ratio
1.23▼
2023 · 1.67
Debt to equity
1.79▼
2023 · 11.60
ROE
0.9%▼
2023 · 13.3%
Interest coverage
2.75▼
2023 · 3.28
Debt ≤ 1 year
€439,676▲
2023 · €133,604
Debt > 1 year
€481,790▼
2023 · €496,954
Income taxes
€10,588▲
2023 · €7,841
Staff costs
€274,478▼
2023 · €288,843
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €25,831 | €102,192 | €288,843 | €274,478 | ▼ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,573 | €25,444 | €32,337 | €34,686 | €29,644 | ▼ 14.5% |
| Other operating charges640/8 | - | €4,089 | €7,986 | €15,226 | €10,094 | ▼ 33.7% |
| Non-recurring operating charges66A | - | - | - | - | €950 | - |
| Gross operating margin9900 | €48,748 | €65,814 | €168,096 | €347,738 | €351,884 | ▲ 1.2% |
| Operating profit (loss)9901 | €31,458 | €10,450 | €25,581 | €8,983 | €36,718 | ▲ 309% |
| Financial income75/76B | - | €0 | €5,508 | €19,421 | €2,500 | ▼ 87.1% |
| Recurring financial income75 | - | €0 | €5,508 | €19,421 | €2,500 | ▼ 87.1% |
| Financial charges65/66B | - | €9,569 | €9,278 | €13,323 | €24,104 | ▲ 80.9% |
| Recurring financial charges65 | €9,864 | €9,569 | €9,278 | €13,323 | €24,104 | ▲ 80.9% |
| Profit (loss) for the period before taxes9903 | €21,594 | €881 | €21,812 | €15,080 | €15,114 | ▲ 0.2% |
| Income taxes67/77 | €3,926 | €113 | €6,221 | €7,841 | €10,588 | ▲ 35.0% |
| Profit (loss) for the period9904 | €17,668 | €768 | €15,591 | €7,240 | €4,526 | ▼ 37.5% |
| Profit (loss) for the period to be appropriated9905 | €17,668 | €768 | €15,591 | €7,240 | €4,526 | ▼ 37.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €502,271 | €590,259 | €605,454 | €684,907 | €1.4m | ▲ 110% |
| Formation expenses20 | €1,136 | €723 | €310 | - | - | - |
| Fixed assets21/28 | €411,802 | €500,007 | €480,434 | €457,567 | €889,073 | ▲ 94.3% |
| Tangible fixed assets22/27 | €411,802 | €499,832 | €480,259 | €457,392 | €888,898 | ▲ 94.3% |
| Land and buildings22 | - | €440,749 | €427,677 | €412,022 | €860,000 | ▲ 109% |
| Furniture and vehicles24 | - | €59,082 | €52,582 | €45,369 | €28,898 | ▼ 36.3% |
| Financial fixed assets28 | - | €175 | €175 | €175 | €175 | = |
| Current assets29/58 | €89,333 | €89,529 | €124,710 | €227,340 | €546,085 | ▲ 140% |
| Amounts receivable after more than one year29 | - | €77,038 | €100,000 | €100,000 | €128,995 | ▲ 29.0% |
| Trade receivables290 | - | - | - | - | €128,995 | - |
| Other amounts receivable291 | - | €77,038 | €100,000 | €100,000 | - | - |
| Stocks and contracts in progress3 | - | - | €4,030 | €4,030 | €4,030 | = |
| Stocks30/36 | - | - | €4,030 | €4,030 | €4,030 | = |
| Amounts receivable within one year40/41 | €512 | - | €4,233 | €5,078 | €349,382 | ▲ 6,780% |
| Trade receivables40 | - | - | - | €5,000 | €336,444 | ▲ 6,629% |
| Other amounts receivable41 | - | - | €4,233 | €78 | €12,938 | ▲ 16,456% |
| Cash at bank and in hand54/58 | €45,231 | €12,491 | €16,064 | €35,205 | €45,582 | ▲ 29.5% |
| Deferred charges and accrued income490/1 | - | - | €384 | €83,027 | €18,095 | ▼ 78.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €502,271 | €590,259 | €605,454 | €684,907 | €1.4m | ▲ 110% |
| Equity10/15 | €30,750 | €31,518 | €47,109 | €54,349 | €513,692 | ▲ 845% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Revaluation surpluses12 | - | - | - | - | €454,817 | - |
| Profit (loss) carried forward14 | €12,150 | €12,918 | €28,509 | €35,749 | €40,275 | ▲ 12.7% |
| Amounts payable17/49 | €471,521 | €558,741 | €558,345 | €630,558 | €921,466 | ▲ 46.1% |
| Amounts payable after more than one year17 | €458,045 | €540,943 | €526,527 | €496,954 | €481,790 | ▼ 3.1% |
| Financial debts170/4 | - | €540,943 | €526,527 | €496,954 | €481,790 | ▼ 3.1% |
| Amounts payable within one year42/48 | €13,476 | €17,797 | €31,819 | €133,604 | €439,676 | ▲ 229% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,911 | €15,164 | ▲ 1.7% |
| Financial debts43 | - | - | - | - | €9 | - |
| Credit institutions430/8 | - | - | - | - | €9 | - |
| Trade debts44 | €521 | €4,653 | €9,614 | €32,493 | €39,201 | ▲ 20.6% |
| Suppliers440/4 | - | €4,653 | €9,614 | €32,493 | €39,201 | ▲ 20.6% |
| Taxes, remuneration and social security45 | - | €13,144 | €20,820 | €75,882 | €56,566 | ▼ 25.5% |
| Taxes450/3 | - | €10,396 | €12,122 | €39,022 | €18,544 | ▼ 52.5% |
| Remuneration and social security454/9 | - | €2,749 | €8,698 | €36,860 | €38,022 | ▲ 3.2% |
| Other amounts payable47/48 | - | - | €1,385 | €10,317 | €328,736 | ▲ 3,086% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,668 | €768 | €15,591 | €7,240 | €4,526 | ▼ 37.5% |
| + Depreciation and write-downs630 | €16,573 | €25,444 | €32,337 | €34,686 | €29,644 | ▼ 14.5% |
| Operating cash flow (approximation) | €34,241 | €26,212 | €47,928 | €41,925 | €34,170 | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | -€113,649 | -€12,764 | -€11,818 | -€461,150 | ▼ 3,802% |
| Change in cash | - | -€32,740 | €3,573 | €19,141 | €10,377 | ▼ 45.8% |
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
2026
07-08
State Gazette act
Registered officeRegistered-office move · Director in office2 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office2 facts ▸
- Registered-office move, rue de Walhain, 11 à 7133 Buvrinnes
- Director in office, Jérôme Dehandschutter (director)
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
2024
31-12
Financial
Equity above €500,000Eq €513,692 ▲845%
5 profitable years in a row build equity to €513,692.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €17,668
Net result €17,668 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 2018
Ground area
1.3 ha
Building footprint
1,407 m²
Volume, LiDAR
6,530 m³
2 parcels, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Crocus Management
since 20182.320.982.841
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55035D0612/00F002 | Wallonia | 1.3 ha | 1 · 1,300 m² | 6.4 m · 1 fl. |
| 56014D0706/00D000 | Wallonia | 563 m² | 1 · 107 m² | 9.6 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.
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Of 1,530 companies in sector 68322 we hold annual accounts for 745. 461 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2018
Fiscal year end31-12
Abbreviation FR
CM
Activities, NACEBEL 2025
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
Contact
E-mail
contact@crocus-management.eu
E-invoicing
Reachable via Peppol
Peppol ID
0208:0711861620
Also
9925:BE0711861620
Registered
19-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.