Equity
CROITOR paid out €80,000 in dividends. That is 544% of the 2025 profit.
CROITOR paid out €80,000 in dividends. That is 544% of the 2025 profit.
Turnover fell in 2025 from €2.4m to €980,492.
CROITOR pays its suppliers 15 days later than in 2024. Customers pay 37 days later.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 46% of them on solvency, 18% on liquidity, 31% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 10,904 companies had the same profile as CROITOR has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CROITOR itself: 0.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for CROITOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.57 (1.44 in 2024), above the usual 1.5. Short-term debt is 57.4% and cash 6.8% of total assets. However, 57.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CROITOR Berchem-Sainte-Agathe | €434,569 | €90,434 | 42.6% | - |
| VAN & JOHN Brussels | €430,056 | €98,276 | 44.6% | - |
| PIERREHUB Schaerbeek | €414,523 | €112,694 | 19.4% | - |
| BATI RENOV TEC Brussels | €404,017 | €107,803 | 6.3% | - |
| ECG PROJECT Etterbeek | €407,693 | €112,485 | 70.5% | - |
| BEN CONSTRUCT Grimbergen | €434,628 | €81,612 | 57.4% | - |
| S.M.O.K. Namur | €437,310 | €80,951 | 63.8% | - |
These companies have the same main activity as CROITOR: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €404,000 and €437,000, founded between 2011 and 2014.
CROITOR has existed since 2012. Turnover fell from €6.5m in 2023 to €2.4m in 2024.
Solvency rose in 2025 from 36.5% to 42.6% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 50% of 2,463 companies in 2025.
Higher than 47% of 2,436 companies in 2025.
Higher than 44% of 2,454 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
434,569 | 686,625 | 935,899 | 847,213 | 415,301 | 630,529 | 505,676 | 395,759 | 346,850 | 215,446 | 150,454 | 175,504 | |
21/28 |
43,285 | 105,623 | 299,230 | 317,825 | 93,712 | 91,997 | 37,367 | 13,956 | 15,120 | 25 | 2,175 | 430 | |
22/27 |
38,775 | 101,113 | 299,070 | 317,665 | 93,552 | 91,837 | 37,207 | 13,796 | 15,095 | - | 2,175 | 430 | |
23 |
4,376 | 13,155 | 26,268 | 24,019 | 24,732 | 24,493 | 16,740 | 13,370 | 15,095 | - | - | - | |
24 |
34,399 | 87,958 | 272,802 | 293,646 | 68,820 | 67,345 | 20,467 | 426 | - | - | 2,175 | 430 | |
28 |
4,510 | 4,510 | 160 | 160 | 160 | 160 | 160 | 160 | 25 | 25 | - | - | |
29/58 |
391,283 | 581,002 | 636,669 | 529,387 | 321,589 | 538,531 | 468,309 | 381,803 | 331,730 | 215,421 | 148,279 | 175,074 | |
40/41 |
357,888 | 535,884 | 543,366 | 470,602 | 241,328 | 356,823 | 461,968 | 379,438 | 330,815 | 213,652 | 144,284 | 172,754 | |
40 |
233,279 | 335,357 | 359,071 | 338,312 | 87,986 | 96,037 | 84,502 | 25,144 | 27,371 | 34,448 | 59,340 | 103,654 | |
41 |
124,610 | 200,528 | 184,294 | 132,290 | 153,342 | 260,786 | 377,466 | 354,294 | 303,443 | 179,204 | 84,944 | 69,101 | |
54/58 |
29,585 | 37,722 | 80,044 | 54,973 | 74,956 | 176,225 | 152 | 2,365 | 915 | 1,769 | 3,995 | 2,319 | |
490/1 |
3,810 | 7,395 | 13,259 | 3,813 | 5,305 | 5,483 | 6,188 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
434,569 | 686,625 | 935,899 | 847,213 | 415,301 | 630,529 | 505,676 | 395,759 | 346,850 | 215,446 | 150,454 | 175,504 | |
10/15 |
185,176 | 250,458 | 292,156 | 234,955 | 76,043 | 75,660 | 73,163 | 142,013 | 168,536 | 127,850 | 62,547 | 10,834 | |
10/11 |
8,110 | 8,110 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
18,750 | 18,750 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 1,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | |
14 |
158,316 | 223,598 | 265,296 | 208,095 | 49,183 | 48,800 | 46,303 | 115,153 | 141,676 | 100,990 | 35,687 | 2,724 | |
17/49 |
249,392 | 436,167 | 643,743 | 612,258 | 339,258 | 554,869 | 432,512 | 253,746 | 178,314 | 87,597 | 87,908 | 164,670 | |
17 |
- | 32,320 | 128,414 | 87,698 | 16,036 | 32,443 | - | - | - | - | - | - | |
170/4 |
- | 32,320 | 128,414 | 87,698 | 16,036 | 32,443 | - | - | - | - | - | - | |
42/48 |
249,392 | 403,847 | 515,329 | 524,559 | 323,222 | 522,426 | 432,512 | 253,746 | 178,314 | 87,597 | 87,908 | 164,670 | |
42 |
40,051 | 123,581 | 134,529 | 79,713 | 16,407 | 16,186 | - | - | - | - | - | - | |
43 |
12,306 | 4,649 | 115 | 222 | 1,314 | 32 | 30,845 | 20,117 | 15,683 | 9,748 | 999 | 4,418 | |
430/8 |
12,306 | 4,649 | 115 | 222 | 1,314 | 32 | 4,476 | - | 4,959 | 9,748 | 999 | 4,418 | |
439 |
- | - | - | - | - | - | 26,369 | 20,117 | 10,724 | - | - | - | |
44 |
108,349 | 182,317 | 227,995 | 291,902 | 80,064 | 245,646 | 201,549 | 116,761 | 79,289 | 61,383 | 73,889 | 158,582 | |
440/4 |
108,349 | 182,317 | 227,995 | 291,902 | 42,956 | 195,200 | 173,721 | 107,977 | 77,239 | 55,245 | 73,401 | 156,902 | |
441 |
- | - | - | - | 37,108 | 50,446 | 27,828 | 8,784 | 2,051 | 6,138 | 488 | 1,680 | |
45 |
32,686 | 44,300 | 68,689 | 82,573 | 111,800 | 110,063 | 60,118 | 46,869 | 48,342 | 16,466 | 13,020 | 1,670 | |
450/3 |
32,686 | 44,300 | 65,617 | 77,253 | 100,094 | 100,312 | 60,000 | 45,607 | 48,342 | 16,466 | 13,020 | 1,670 | |
454/9 |
- | - | 3,073 | 5,320 | 11,706 | 9,751 | 118 | 1,261 | - | - | - | - | |
47/48 |
56,000 | 49,000 | 84,000 | 70,150 | 113,637 | 150,500 | 140,000 | 70,000 | 35,000 | - | - | - | |
| Income statement | |||||||||||||
70 |
980,492 | 2.4m | 6.5m | 3.5m | 2.6m | 2.4m | 1.7m | 783,931 | 515,505 | 334,450 | 268,303 | 405,635 | |
76A |
23,050 | 42,170 | - | - | - | - | - | - | - | - | - | - | |
9900 |
90,434 | 115,179 | 380,868 | 408,999 | 230,374 | 302,217 | 169,102 | 94,758 | 123,227 | 85,936 | 61,591 | 5,281 | |
60/61 |
913,109 | 2.4m | 6.1m | 3.1m | 2.3m | 2.1m | 1.5m | 689,173 | 392,277 | 248,513 | 206,712 | 400,354 | |
62 |
- | - | - | - | - | - | 2,445 | - | - | - | - | - | |
630 |
48,345 | 70,593 | 120,064 | 60,734 | 45,705 | 23,837 | 19,435 | 6,384 | 4,547 | 86 | 2,433 | 602 | |
640/8 |
4,578 | 7,410 | 14,580 | 7,548 | 625 | 1,881 | 564 | 1,718 | 467 | 472 | 594 | 937 | |
66A |
16,961 | - | 5,154 | - | - | - | - | - | - | - | - | - | |
9901 |
20,548 | 37,176 | 241,071 | 340,718 | 184,044 | 276,498 | 146,657 | 86,656 | 118,213 | 85,379 | 58,564 | 3,742 | |
75/76B |
11,213 | 11,267 | 6,730 | 7,361 | 18,252 | 25,745 | 30,609 | 27,432 | 21,237 | 10,003 | 6,879 | 2,937 | |
75 |
11,213 | 11,267 | 6,730 | 7,361 | 18,252 | 25,745 | 30,609 | 27,432 | 21,237 | 10,003 | 6,879 | 2,937 | |
65/66B |
11,654 | 10,906 | 15,328 | 4,800 | 15,025 | 3,936 | 3,957 | 2,484 | 2,006 | 1,791 | 724 | 425 | |
65 |
11,654 | 10,906 | 15,328 | 4,800 | 15,025 | 3,936 | 3,957 | 2,484 | 2,006 | 1,791 | 724 | 425 | |
9903 |
20,108 | 37,537 | 232,472 | 343,279 | 187,270 | 298,308 | 173,309 | 111,604 | 137,444 | 93,590 | 64,720 | 6,254 | |
67/77 |
5,389 | 9,235 | 55,271 | 84,367 | 41,887 | 80,812 | 42,158 | 38,127 | 46,758 | 28,287 | 13,007 | 1,670 | |
9904 |
14,718 | 28,302 | 177,201 | 258,912 | 145,383 | 217,496 | 131,151 | 73,476 | 90,686 | 65,303 | 51,713 | 4,584 | |
689 |
- | - | - | - | - | - | - | - | - | - | 18,750 | - | |
9905 |
14,718 | 28,302 | 177,201 | 258,912 | 145,383 | 217,496 | 131,151 | 73,476 | 90,686 | 65,303 | 32,963 | 4,584 | |
| Appropriation of the result | |||||||||||||
9906 |
238,316 | 293,598 | 385,296 | 308,095 | 194,183 | 263,800 | 246,303 | 215,153 | 191,676 | 100,990 | 35,687 | 4,584 | |
14P |
223,598 | 265,296 | 208,095 | 49,183 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
80,000 | 70,000 | 120,000 | 100,000 | 145,000 | 215,000 | 200,000 | 100,000 | 50,000 | - | - | - | |
694 |
80,000 | 70,000 | 120,000 | 100,000 | 145,000 | 215,000 | 200,000 | 100,000 | 50,000 | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
- | - | - | - | - | - | 0.1 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | 128 | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-02-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-08-2025 | full format | 25-02-2026 | 2026-00043157 | |
| 31-08-2024 | full format | 19-03-2025 | 2025-00050082 | |
| 31-08-2023 | full format | 29-03-2024 | 2024-00052749 | |
| 31-08-2022 | full format | 27-03-2023 | 2023-00045577 | |
| 31-08-2021 | full format | 21-03-2022 | 2022-08000126 | |
| 31-08-2020 | full format | 23-03-2021 | 2021-08100253 | |
| 31-08-2019 | full format | 02-04-2020 | 2020-08300077 | |
| 31-08-2018 | micro format | 12-03-2019 | 2019-06700196 | |
| 31-08-2017 | micro format | 19-03-2018 | 2018-06900540 | |
| 31-08-2016 | full format | 14-03-2017 | 2017-06100554 | |
| 31-08-2015 | full format | 25-02-2016 | 2016-04900497 | |
| 31-08-2014 | full format | 28-02-2015 | 2015-05600091 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 68,894 | 107,769 | 361,135 | 401,452 | 229,749 | 300,335 | 166,092 | 93,040 | 122,760 | 85,465 | 60,997 | 4,344 | ||
| 63,064 | 98,894 | 297,265 | 319,646 | 191,088 | 241,333 | 150,586 | 79,861 | 95,234 | 65,389 | 54,146 | 5,186 | ||
| 5,569 | 14,865 | 214,345 | 284,847 | 47,420 | 78,467 | 42,846 | 5,220 | 19,642 | 25 | 4,178 | 1,032 | ||
| -8,137 | -42,322 | 25,072 | -19,983 | -101,269 | 176,073 | -2,213 | 1,449 | -854 | -2,226 | 1,676 | - | ||
| 141,891 | 177,155 | 121,340 | 4,828 | -1,633 | 16,105 | 35,796 | 128,057 | 153,416 | 127,825 | 60,372 | 10,404 | ||
| 2.1% | 1.5% | 3.7% | 9.7% | 7.2% | 11.4% | 8.9% | 11.1% | 22.9% | 25.5% | 21.8% | 0.9% | ||
| 42.6% | 36.5% | 31.2% | 27.7% | 18.3% | 12.0% | 14.5% | 35.9% | 48.6% | 59.3% | 41.6% | 6.2% | ||
| 1.57 | 1.44 | 1.24 | 1.01 | 0.99 | 1.03 | 1.08 | 1.50 | 1.86 | 2.46 | 1.69 | 1.06 | ||
| 1.35 | 1.74 | 2.20 | 2.61 | 4.46 | 7.33 | 5.91 | 1.79 | 1.06 | 0.69 | 1.41 | 15.20 | ||
| 7.9% | 11.3% | 60.7% | 110.2% | 191.2% | 287.5% | 179.3% | 51.7% | 53.8% | 51.1% | 82.7% | 42.3% | ||
| 3.4% | 4.1% | 18.9% | 30.6% | 35.0% | 34.5% | 25.9% | 18.6% | 26.1% | 30.3% | 34.4% | 2.6% | ||
| 5.91 | 9.88 | 23.56 | 83.63 | - | - | - | - | - | - | - | - | ||
| 87 days | 50 days | 20 days | 35 days | 13 days | 14 days | 19 days | 12 days | 19 days | 38 days | 81 days | 93 days | ||
| 43 days | 28 days | 14 days | 34 days | 13 days | 42 days | 50 days | 62 days | 74 days | 90 days | 130 days | 145 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-08-2025 | 31-08-2024 | 31-08-2023 | 31-08-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €5,569 | €10,515 | €214,345 | €284,847 |
| Financial fixed assets | - | €4,350 | - | - |
| €48,345 | €70,593 | €120,064 | €60,734 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% lower than in 2024 and the lowest since 2014. It is the third fall in a row.
Debt's share of the balance-sheet total falls from 63.5% to 57.4%. Equity and debt are lower.
CROITOR has no parent and no holdings in its annual accounts. CROITOR Viorel is the only director. CROITOR shares no director with another company.
| FEET ON GROUND
registered office since 17-07-2013 · founded in 2013 |
total assets €3.5m (2026) 0536.398.122 |
| REZUNI
registered office since 01-10-2006 · founded in 2006 · accounts filed late |
total assets €3.0m (2025) 0883.466.003 |
| Mar Max
registered office since 21-10-2008 · founded in 2008 |
total assets €2.3m (2025) 0807.260.031 |
| V&K GROUP
registered office since 22-04-2022 · founded in 2022 · accounts filed late |
total assets €1.9m (2025) 0785.298.439 |
| EIGHT INVESTMENTS
registered office since 17-04-1992 · founded in 1992 · accounts filed late |
total assets €1.8m (2022) 0446.966.496 |
| ARCO LOGISTICS
registered office since 22-02-2010 · founded in 2010 |
16 FTE (2025) 0823.302.742 |
| LINSTAVER
registered office since 22-07-1993 · founded in 1993 · accounts filed late |
total assets €1.6m (2021) 0450.582.618 |
| CAGIOVA
registered office since 10-03-2016 · founded in 2016 |
total assets €1.5m (2025) 0649.809.235 |
| SDB Logistics
registered office since 19-01-2015 · founded in 2015 |
13 FTE (2023) 0568.820.074 |
| Lifecycle Telehealth
registered office since 21-12-2005 · founded in 2005 |
total assets €1.3m (2025) 0878.090.520 |
Deadline for the 2026 accounts: 31-03-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Groot-Bijgaardenstraat 14 registered office 1082 Berchem-Sainte-Agathe | ||
| Dupréstraat 137 1090 Jette 3312003 Repair and maintenance of machinery | 05-12-2012 | 2.214.512.572 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21342B0043/00F003 | 290 m² | 1 · 293 m² | 10.6 m · 2 |
| 21010B0001/00L018 | 211 m² | 1 · 123 m² | 12.0 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0501.629.263
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