Cromen
ActiveSummary
Cromen has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.80M and a net result of €896k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 72% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▼-13
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.26 in 2023; short-term debt: 23.9% and cash: 1.4% of total assets), and 23.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
76.1%
Return on assets
14.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
33 d early
2022
19 d early
2021
11 d early
2020
137 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€6.31M▼ 10.0%
2023 · €7.01M
Net result
€896k▼ 50.6%
2023 · €1.81M
Working capital
€2.42M▼ 6.2%
2023 · €2.58M
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
Line20202021202220232024
Turnover
Operating result€821k▲ 399%€11k▼ 98.7%€157k▲ 1,385%€36k▼ 77.2%€81k▲ 127%
Net result€1.25M▲ 969%€19k▼ 98.5%€356k▲ 1,780%€1.81M▲ 409%€896k▼ 50.6%
Equity€5.30M▲ 47.3%€5.32M▲ 0.4%€5.08M▼ 4.4%€4.96M▼ 2.4%€4.80M▼ 3.2%
Total assets€5.79M▲ 39.7%€5.43M▼ 6.2%€5.18M▼ 4.6%€7.01M▲ 35.3%€6.31M▼ 10.0%
Debt€488k▼ 22.6%€108k▼ 77.9%€93k▼ 14.0%€2.05M▲ 2,106%€1.51M▼ 26.5%
Working capital€2.90M▲ 162%€2.92M▲ 0.5%€2.69M▼ 7.7%€2.58M▼ 4.2%€2.42M▼ 6.2%
Staff (FTE)4▲ 11.1%5▲ 25.0%5=3.6▼ 28.0%4.9▲ 36.1%
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 2024; 2024 is 127% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.31M
Fixed assets
€2.38M ▲ 0.1%
Current assets
€3.92M ▼ 15.2%
Equity and liabilities €6.31M
Equity
€4.80M ▼ 3.2%
Debt
€1.51M ▼ 26.5%
Debt's share of the balance-sheet total falls from 29.2% to 23.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€82k▲
2023 · €47k
Cash flow
€897k▼
2023 · €1.82M
Current ratio
2.61▲
2023 · 2.26
Debt to equity
0.31▼
2023 · 0.41
ROE
18.7%▼
2023 · 36.5%
ROA
14.2%▼
2023 · 25.9%
Interest coverage
8.65▼
2023 · 446.48
Debt ≤ 1 year
€1.51M▼
2023 · €2.05M
Income taxes
€330▼
2023 · €16k
Staff costs
€368k▼
2023 · €440k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18k | €24k | - | - |
| Remuneration, social security and pensions62 | - | €286k | €320k | €440k | €368k | ▼ 16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €27k | €10k | €11k | €1k | ▼ 90.1% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €6k | ▲ 350% |
| Gross operating margin9900 | €1.09M | €326k | €488k | €488k | €456k | ▼ 6.6% |
| Operating profit (loss)9901 | €821k | €11k | €157k | €36k | €81k | ▲ 127% |
| Financial income75/76B | - | €14k | €243k | €1.79M | €825k | ▼ 54.0% |
| Recurring financial income75 | €23k | €14k | €243k | €1.79M | €825k | ▼ 54.0% |
| Financial charges65/66B | - | €550 | €258 | €104 | €9k | ▲ 9,009% |
| Recurring financial charges65 | €3k | €550 | €258 | €104 | €9k | ▲ 9,009% |
| Profit (loss) for the period before taxes9903 | €1.42M | €24k | €399k | €1.83M | €897k | ▼ 51.0% |
| Income taxes67/77 | €274k | €6k | €43k | €16k | €330 | ▼ 97.9% |
| Profit (loss) for the period9904 | €1.25M | €19k | €356k | €1.81M | €896k | ▼ 50.6% |
| Transfer from tax-exempt reserves789 | - | €186k | - | €125k | €160k | ▲ 28.6% |
| Profit (loss) for the period to be appropriated9905 | €1.25M | €205k | €356k | €1.94M | €1.06M | ▼ 45.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.79M | €5.43M | €5.18M | €7.01M | €6.31M | ▼ 10.0% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €2.45M | €2.41M | €2.39M | €2.38M | €2.38M | ▲ 0.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €70k | €27k | €12k | €1k | €2k | ▲ 113% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | - | €27k | €12k | €1k | €362 | ▼ 68.8% |
| Financial fixed assets28 | €2.38M | €2.39M | €2.38M | €2.38M | €2.38M | = |
| Current assets29/58 | €3.36M | €3.01M | €2.78M | €4.62M | €3.92M | ▼ 15.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.99M | €1.83M | €2.72M | €4.57M | €3.83M | ▼ 16.3% |
| Trade receivables40 | - | €162k | €233k | €248k | €256k | ▲ 3.0% |
| Other amounts receivable41 | - | €1.67M | €2.49M | €4.32M | €3.57M | ▼ 17.4% |
| Current investments50/53 | €1.14M | €1.16M | - | - | - | - |
| Cash at bank and in hand54/58 | €218k | €24k | €53k | €47k | €90k | ▲ 89.7% |
| Deferred charges and accrued income490/1 | - | €4k | €6k | €3k | €1k | ▼ 51.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.79M | €5.43M | €5.18M | €7.01M | €6.31M | ▼ 10.0% |
| Equity10/15 | €5.30M | €5.32M | €5.08M | €4.96M | €4.80M | ▼ 3.2% |
| Contributions10/11 | €1.93M | €1.93M | €1.93M | €1.93M | €1.93M | = |
| Reserves13 | €3.03M | €3.03M | €2.43M | €2.31M | €2.15M | ▼ 6.9% |
| Non-distributable reserves130/1 | - | €193k | - | - | - | - |
| Reserves not available under the articles1311 | - | €193k | - | - | - | - |
| Tax-exempt reserves132 | - | €285k | €285k | €160k | - | - |
| Distributable reserves133 | - | €2.55M | €2.15M | €2.15M | €2.15M | = |
| Profit (loss) carried forward14 | €347k | €366k | €722k | €723k | €723k | ▲ 0.1% |
| Amounts payable17/49 | €488k | €108k | €93k | €2.05M | €1.51M | ▼ 26.5% |
| Amounts payable after more than one year17 | €59k | €9k | - | - | - | - |
| Financial debts170/4 | - | €9k | - | - | - | - |
| Amounts payable within one year42/48 | €454k | €98k | €92k | €2.05M | €1.51M | ▼ 26.5% |
| Current portion of amounts payable after more than one year42 | - | €24k | €9k | - | - | - |
| Trade debts44 | €122k | €12k | €18k | €9k | €22k | ▲ 149% |
| Suppliers440/4 | - | €12k | €18k | €9k | €22k | ▲ 149% |
| Taxes, remuneration and social security45 | - | €50k | €65k | €101k | €85k | ▼ 16.0% |
| Taxes450/3 | - | €16k | €27k | €49k | €36k | ▼ 27.6% |
| Remuneration and social security454/9 | - | €34k | €38k | €52k | €49k | ▼ 4.9% |
| Other amounts payable47/48 | - | €12k | - | €1.94M | €1.40M | ▼ 27.8% |
| Accrued charges and deferred income492/3 | - | - | €868 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.25M | €19k | €356k | €1.81M | €896k | ▼ 50.6% |
| + Depreciation and write-downs630 | €27k | €27k | €10k | €11k | €1k | ▼ 90.1% |
| Operating cash flow (approximation) | €1.28M | €46k | €366k | €1.82M | €897k | ▼ 50.8% |
| Investment in fixed assets (approximation) | - | €8k | €10k | €0 | €-2k | - |
| Change in cash | - | €-194k | €29k | €-5k | €42k | ▲ 876% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.81M ▲409%
Net result €1.81M, the highest in the series.
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €19k ▼98.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity quadruplescurrent ratio 30.60
Current ratio from 7.39 to 30.60; short-term debt falls from €454k to €98k.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-09
Financial
Liquidity triplescurrent ratio 7.39
Current ratio from 2.88 to 7.39; short-term debt falls from €588k to €454k.
30-09
Financial
Equity above €5MEq €5.30M ▲47.3%
3 profitable years in a row build equity to €5.30M.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Niklaas · 1 establishment unit since 2010
Ground area
1,994 m²
Building footprint
785 m²
Volume, LiDAR
1,974 m³
Parcel 46442C1276/39_000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Cromen
since 20102.189.111.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C1276/39_000 | Flanders | 1,994 m² | 1 · 785 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 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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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 11,586 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
Founded17-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.