CROES TECHNOLOGY
ActiveSummary
CROES TECHNOLOGY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €81. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 66% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69=
Solvency83▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 3.32 in 2024; short-term debt: 37.6% and cash: 26.6% of total assets), and 41.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.1%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
20 d early
2023
28 d early
2022
49 d early
2021
5 d early
2020
29 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€79k▲ 0.1%
2024 · €79k
2018: €67k
2019: €73k
2020: €80k
2021: €78k
2022: €79k
2023: €79k
2024: €79k
2018 → 2025
Total assets
€137k▲ 24.6%
2024 · €110k
2018: €133k
2019: €133k
2020: €133k
2021: €128k
2022: €122k
2023: €114k
2024: €110k
2018 → 2025
Net result
€81▲ 119%
2024 · €37
2018: €688
2019: €5k
2020: €8k
2021: €-2k
2022: €741
2023: €231
2024: €37
2018 → 2025
Working capital
€46k▲ 2.0%
2024 · €45k
2018: €29k
2019: €35k
2020: €32k
2021: €34k
2022: €39k
2023: €44k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€79k▲ 0.9%€79k▲ 0.3%€79k=€79k▲ 0.1%
Operating result€-891-€-392▲ 56.0%€2k€2k▼ 0.5%€2k▼ 9.9%
Net result€-2k-€741€231▼ 68.8%€37▼ 84.0%€81▲ 119%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€39k ▼ 12.9%
Current assets
€97k ▲ 50.8%
Equity and liabilities €137k
Equity
€79k ▲ 0.1%
Debt
€57k ▲ 88.6%
Debt's share of the balance-sheet total rises from 27.7% to 41.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €8k
Cash flow
€6k▼
2024 · €7k
Current ratio
1.90▼
2024 · 3.32
Quick ratio
1.61▼
2024 · 2.64
Debt to equity
0.72▲
2024 · 0.38
ROE
0.1%▲
2024 · 0.0%
ROA
0.1%▲
2024 · 0.0%
Interest coverage
9.90▲
2024 · 8.08
Debt ≤ 1 year
€51k▲
2024 · €19k
Debt > 1 year
€6k▼
2024 · €11k
Income taxes
€817▲
2024 · €763
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€110k€137k▲
Fixed assets21/28€45k€39k▼
Tangible fixed assets22/27€45k€39k▼
Land and buildings22€45k€39k▼
Furniture and vehicles24€227-
Current assets29/58€65k€97k▲
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€8k€47k▲
Trade receivables40€8k€47k▲
Cash at bank and in hand54/58€43k€36k▼
Equity and liabilities
Total equity and liabilities10/49€110k€137k▲
Equity10/15€79k€79k▲
Contributions10/11€19k€19k=
Reserves13€61k€61k▲
Distributable reserves133€61k€61k▲
Amounts payable17/49€30k€57k▲
Amounts payable after more than one year17€11k€6k▼
Financial debts170/4€11k€6k▼
Amounts payable within one year42/48€19k€51k▲
Current portion of amounts payable after more than one year42€5k€5k=
Trade debts44€8k€44k▲
Suppliers440/4€8k€44k▲
Taxes, remuneration and social security45€913€816▼
Taxes450/3€913€816▼
Other amounts payable47/48€5k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€458-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€11k€10k▼
Operating profit (loss)9901€2k€2k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€1k€755▼
Recurring financial charges65€1k€755▼
Profit (loss) for the period before taxes9903€800€898▲
Income taxes67/77€763€817▲
Profit (loss) for the period9904€37€81▲
Profit (loss) for the period to be appropriated9905€37€81▲
Appropriation of the result
Profit (loss) to be appropriated9906€37€81▲
Transfer to equity691/2€37€81▲
To other reserves6921€37€81▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €741
Net result €741 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €8k ▲42.2%
Operating result €10k, net result €8k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2006
Ground area
178 m²
Building footprint
152 m²
Volume, LiDAR
948 m³
Parcel 71326F0279/00V003, Flanders · tallest building 13.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CROES TECHNOLOGY BVBA
since 20062.156.919.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71326F0279/00V003 | Flanders | 178 m² | 1 · 152 m² | 13.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesCROES TECHNOLOGY BV30262
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,798 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.