Crometal

Active

Private limited companyfounded 200916 yrs activeVerbroederingslaan 42, 9060 Zelzate, BelgiumKBO/BCE: BE 0820.802.320

The file of Crometal contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 14.6% (high). The 2025 annual accounts show equity of €65,834 and a net result of -€21,850. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 27% of 95 sector peers (fiscal year 2025).

Risk analysisWatch Report Compare

CrometalActiveChecked score 27/100

Risk analysis Report Compare

Activity

Manufacture of basic metals

NACE 24200

#10 oldest company in Zelzate, Manufacturing sector1 site

Size

€357,233total assets 2025

Staff: 4.6 FTE
Equity: €65,834
Loss: -€21,850

Turnover not published (abridged schema)

Financial health

27 Weak Checked score 2025

Bankruptcy chance 12 m: 14.6%

Structure

Accounts 2 d early0 of 2 deeds read

Why 27- Reorganisation plan being carried out (approved, Gazette 11-09-2026)- Sector Manufacture of basic metals (NACE 24)- Loss of €21,850, the second in a row (FY 2025)+ Size: total assets €357,233Show the evidence

Checked score

Score 2025

27 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 20% of its sector peers (NACE 24, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 43-4

equity 18.4% of total assets

Liquidity 23-9

short-term debt 63.2% · cash 4.7%

Profitability 11+2

return on assets -6.1%

Bankruptcy probability, 12 months

14.6% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (200 companies)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%▼ -1.5% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%▼ -3.0% vs 02-2025lowest value 04-2025: 0.2%▲ +11.9% vs 03-2025 05-2025: 0.2%▼ -1.8% vs 04-2025 06-2025: 0.2%▼ -3.8% vs 05-2025 07-2025: 0.3%▲ +33.2% vs 06-2025 08-2025: 0.7%▲ +170% vs 07-2025 09-2025: 0.7%● 0.0% vs 08-2025 10-2025: 0.7%● 0.0% vs 09-2025 11-2025: 0.7%● 0.0% vs 10-2025 12-2025: 0.7%● 0.0% vs 11-2025 01-2026: 0.7%▼ -1.1% vs 12-2025 02-2026: 0.7%▲ +1.8% vs 01-2026 03-2026: 0.7%● 0.0% vs 02-2026 04-2026: 0.8%▲ +9.7% vs 03-2026 05-2026: 0.8%▼ -4.3% vs 04-2026 10-2026: 14.6%highest value

Reorganisation plan being carried out (approved, Gazette 11-09-2026) raises the probabilityWhile the plan runs, the probability is at least 14.6%: the measured failure rate of plans of that age.
Sector Manufacture of basic metals (NACE 24) raises the probability
Loss of €21,850, the second in a row (FY 2025) raises the probability
Size: total assets €357,233 lowers the probability for this profile

Credit up to €1,500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.47 against 1.52 in 2024; short-term debt: 63.2% and cash: 4.7% of total assets), and 81.6% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 24, micro). Better than this share of them on solvency 26%, liquidity 20%, profitability 16%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Reorganisation plan being carried out (approved, Gazette 11-09-2026)

In the bankruptcy model this factor raises the probability. While the plan runs, the probability is at least 14.6%: the measured failure rate of plans of that age.

Belgian State Gazette

Sector Manufacture of basic metals (NACE 24)

In the bankruptcy model this factor raises the probability.

KBO

Loss of €21,850, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €357,233

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€21,850

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 d early

2024

6 d early

2023

8 d early

2022

7 d early

2021

5 d early

2020

4 d early

2019

2 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

Checked, nothing found (2)

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 25 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

11-09-26 Plan homologationOndernemingsrechtbank Gent · event 08-09-2026
29-07-26 Annual accounts filedfiscal year 2025 · micro…
26-05-26 OpeningOndernemingsrechtbank Gent · collective agreement…

Key points

Caution: Among the weakest 10% on net resultsector median €6,965 · 95 companies -€21,850 View
Caution: Staff fell in 2025from 8 FTE to 4.6 FTE ▼ 42.5% View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€21,850 View
Positive: Always filed on timeaccounts within the deadline every year 7 years View