CROFIN
ActiveSummary
CROFIN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.2m and a net result of -€8,363. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Activity not known
How big
€30.2mtotal assets 2025
- Equity
- €30.2m
- Loss
- -€8,363
Who decides
- Largest shareholder
- JECRO Executive Management · 41.5%
- Holdings
- 3
Accounts 14 d early0 of 5 deeds read
Why 68- No NACE activity registered+ Annual accounts: healthy financial profile+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability37=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 46.06; short-term debt: 0% and cash: 0.1% of total assets), and 0% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
100%
Return on assets
0%
Age of the figures
9 mo
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
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
8 d late
2023
7 d early
2022
13 d early
2021
32 d early
2020
6 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Liquidity times 96current ratio 104.23
Financials
Fiscal year 2025Total assets €30.2mLoss -€8,363Solvency 100.0%Liquidity 46.06
Total assets
€30.2m=
2018 - 2025
Net result
-€8,363▼ 10.0%
2018 - 2025
Equity
€30.2m=
2018 - 2025
Solvency
100.0%=
2018 - 2025
Financials · fiscal year 2025, full schema
Trend over the years
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.006m▲ 26.3%-€0.006m▲ 4.8%-€0.009m▼ 41.4%-€0.007m▲ 13.8%-€0.008m▼ 10.4%
Net result€0.04m-€0.006m€0.7m-€0.008m-€0.008m▼ 10.0%
Equity€30.2m▲ 0.1%€30.2m=€30.2m=€30.2m=€30.2m=
Total assets€30.2m▲ 0.1%€30.2m=€30.9m▲ 2.4%€30.2m▼ 2.4%€30.2m=
Debt€0.001m€0.7m▲ 83,669%€0.001m▼ 99.9%€0.001m▲ 94.7%
Working capital€0.05m€0.06m▲ 25.2%€0.06m▼ 12.0%€0.05m▼ 15.0%
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,142 in 2025 against €7,376 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.2m
Fixed assets
€30.1m =
Current assets
€48,457 ▼ 13.9%
Equity and liabilities €30.2m
Equity
€30.2m =
Debt
€1,052 ▲ 94.7%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
Key figures and ratios
Current ratio
46.06
Debt to equity
0.00▲
2024 · 0.00
ROE
0.0%▼
2024 · 0.0%
ROA
0.0%▼
2024 · 0.0%
Debt ≤ 1 year
€1,052▲
2024 · €540
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€6,363 | -€6,054 | -€8,561 | -€7,376 | -€8,142 | ▼ 10.4% |
| Operating profit (loss)9901 | -€6,363 | -€6,054 | -€8,561 | -€7,376 | -€8,142 | ▼ 10.4% |
| Financial income75/76B | €45,498 | - | €747,899 | - | - | - |
| Recurring financial income75 | €45,498 | - | €747,899 | - | - | - |
| Financial charges65/66B | €167 | €197 | €264 | €227 | €221 | ▼ 2.5% |
| Recurring financial charges65 | €167 | €197 | €264 | €227 | €221 | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | €38,968 | -€6,252 | €739,075 | -€7,603 | -€8,363 | ▼ 10.0% |
| Profit (loss) for the period9904 | €38,968 | -€6,252 | €739,075 | -€7,603 | -€8,363 | ▼ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €38,968 | -€6,252 | €739,075 | -€7,603 | -€8,363 | ▼ 10.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30.2m | €30.2m | €30.9m | €30.2m | €30.2m | = |
| Fixed assets21/28 | €30.1m | €30.1m | €30.1m | €30.1m | €30.1m | = |
| Financial fixed assets28 | €30.1m | €30.1m | €30.1m | €30.1m | €30.1m | = |
| Current assets29/58 | €0.06m | €0.05m | €0.8m | €0.06m | €0.05m | ▼ 13.9% |
| Amounts receivable within one year40/41 | - | - | €0.7m | €0.02m | €0.02m | = |
| Other amounts receivable41 | - | - | €0.7m | €0.02m | €0.02m | = |
| Cash at bank and in hand54/58 | €0.06m | €0.05m | €0.04m | €0.03m | €0.03m | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30.2m | €30.2m | €30.9m | €30.2m | €30.2m | = |
| Equity10/15 | €30.2m | €30.2m | €30.2m | €30.2m | €30.2m | = |
| Contributions10/11 | €30.0m | €30.0m | €30.0m | €30.0m | €30.0m | = |
| Capital10 | €30.0m | €30.0m | €30.0m | €30.0m | €30.0m | = |
| Issued capital100 | €30.0m | €30.0m | €30.0m | €30.0m | €30.0m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.03m | €0.03m | - | -€0.008m | -€0.02m | ▼ 110% |
| Amounts payable17/49 | - | €0.001m | €0.7m | €0.001m | €0.001m | ▲ 94.7% |
| Amounts payable within one year42/48 | - | €0.001m | €0.7m | €0.001m | €0.001m | ▲ 94.7% |
| Trade debts44 | - | €0.001m | €243 | - | €0.001m | - |
| Suppliers440/4 | - | €0.001m | €243 | - | €0.001m | - |
| Other amounts payable47/48 | - | - | €0.7m | €0.001m | €0.001m | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,968 | -€6,252 | €739,075 | -€7,603 | -€8,363 | ▼ 10.0% |
| Operating cash flow (approximation) | €38,968 | -€6,252 | €739,075 | -€7,603 | -€8,363 | ▼ 10.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,384 | -€9,449 | -€7,846 | -€7,851 | ▼ 0.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
3 holdings
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
3 owners · 3 holdingsOwners 3
-
41.5%
-
29.23%
-
29.16%
Holdings 3
-
99.96%
-
99.6%
-
98.66%
According to the 2025 annual accounts of CROFIN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 5 Gazette acts processed.
Timeline
16 eventsLatest 17-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
31-12
Financial
Liquidity times 96current ratio 104.23
Current ratio from 1.09 to 104.23; short-term debt falls from €727,118 to €540.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €739,075
Net result €739,075 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €38,968
Net result €38,968 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€8,456
Net result drops to -€8,456, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 130.19
Current ratio from 37.75 to 130.19; short-term debt falls from €718 to €139.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Liquidity times 36current ratio 37.75
Current ratio from 1.05 to 37.75; short-term debt falls from €481,847 to €718.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
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 5 acts read
About the unread acts
We know of 5 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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Company details
Public limited company · founded 14-04-2008Year ends 31-12Peppol reachable
Register details
Identification
Legal formPublic limited company
Founded14-04-2008
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897442911
Also
9925:BE0897442911
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Geetbets
Ground area
610 m²
Parcel 24028B0364/00E000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028B0364/00E000indicative | Flanders | 610 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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