Cronos
ActiveSummary
Cronos has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.4m and a net result of €271,229. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 44% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, full format
In the rankings
#9 oldest company in Kontich, Telecoms and IT sector
Turnover
€116.9m▲ 0.6%
2024 · €116.2m
EBIT margin
0.3%▼ 0.3pp
2024 · 0.7%
Net result
€271,229▼ 43.8%
2024 · €482,720
Working capital
€8.0m▼ 2.7%
2024 · €8.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 48% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€116.9m
2025
Operating result€0.4m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€26.2m
2025
Equity€8.4m
2025
Debt€17.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8.0m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin0.3%
2025
Return on assets (ROA)1.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency31.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.45
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)18.7
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€79.0m-€80.1m▲ 1.4%€82.9m▲ 3.5%€88.3m▲ 6.5%€101.5m▲ 14.9%€114.2m▲ 12.5%€116.2m▲ 1.8%€116.9m▲ 0.6%
Operating result€0.9m--€0.6m€0.5m€0.3m▼ 40.9%€0.3m▲ 3.2%€0.2m▼ 37.7%€0.8m▲ 280%€0.4m▼ 48.3%
Net result€0.6m--€0.6m€0.6mabove the sector's middle half€0.1mwithin the sector's middle half▼ 75.3%€0.2mabove the sector's middle half▲ 37.3%€0.1mwithin the sector's middle half▼ 40.7%€0.5mabove the sector's middle half▲ 318%€0.3mabove the sector's middle half▼ 43.8%
EBIT margin1.1%--0.7%▼ 1.8pp0.6%▲ 1.3pp0.4%▼ 0.3pp0.3%=0.2%▼ 0.1pp0.7%▲ 0.5pp0.3%▼ 0.3pp
Equity€7.2m-€6.6m▼ 8.3%€7.1mabove the sector's middle half▲ 8.8%€7.3mabove the sector's middle half▲ 2.0%€7.5mabove the sector's middle half▲ 2.7%€7.6mabove the sector's middle half▲ 1.5%€8.1mabove the sector's middle half▲ 6.4%€8.4mabove the sector's middle half▲ 3.4%
Total assets€24.6m-€19.2m▼ 21.9%€21.8mabove the sector's middle half▲ 13.2%€21.0mabove the sector's middle half▼ 3.8%€26.1mabove the sector's middle half▲ 24.7%€26.8mabove the sector's middle half▲ 2.6%€24.2mabove the sector's middle half▼ 9.8%€26.2mabove the sector's middle half▲ 8.1%
Debt€17.5m-€12.7m▼ 27.4%€14.6m▲ 15.5%€13.7m▼ 6.6%€18.7m▲ 36.5%€19.2m▲ 3.1%€16.1m▼ 16.1%€17.8m▲ 10.5%
Working capital€6.6m-€6.0m▼ 9.1%€6.8mabove the sector's middle half▲ 13.7%€6.8mabove the sector's middle half▼ 1.1%€7.1mabove the sector's middle half▲ 4.5%€7.4mabove the sector's middle half▲ 3.9%€8.2mabove the sector's middle half▲ 11.8%€8.0mabove the sector's middle half▼ 2.7%
Solvency29.1%-34.1%▲ 5.0pp32.8%within the sector's middle half▼ 1.3pp34.8%within the sector's middle half▲ 2.0pp28.6%within the sector's middle half▼ 6.1pp28.3%within the sector's middle half▼ 0.3pp33.4%within the sector's middle half▲ 5.1pp31.9%within the sector's middle half▼ 1.5pp
Current ratio1.38-1.48▲ 0.101.48within the sector's middle half=1.50within the sector's middle half▲ 0.021.38within the sector's middle half▼ 0.111.39within the sector's middle half▲ 0.011.53within the sector's middle half▲ 0.141.45within the sector's middle half▼ 0.08
Return on assets (ROA)2.5%--3.1%▼ 5.6pp2.6%within the sector's middle half▲ 5.8pp0.7%within the sector's middle half▼ 2.0pp0.7%within the sector's middle half▲ 0.1pp0.4%within the sector's middle half▼ 0.3pp2.0%within the sector's middle half▲ 1.6pp1.0%within the sector's middle half▼ 1.0pp
Staff (FTE)18.7-8.8▼ 52.9%14.2within the sector's middle half▲ 61.4%18.9within the sector's middle half▲ 33.1%17.3within the sector's middle half▼ 8.5%17.3within the sector's middle half=19.6within the sector's middle half▲ 13.3%18.7within the sector's middle half▼ 4.6%
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26.2m
Fixed assets
€532,140 ▼ 0.7%
Current assets
€25.6m ▲ 8.3%
Equity and liabilities €26.2m
Equity
€8.4m ▲ 3.4%
Provisions
€1,641
Debt
€17.8m ▲ 10.5%
Debt's share of the balance-sheet total rises from 66.6% to 68.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€414,665▼
2024 · €786,463
Cash flow
€285,009▼
2024 · €494,493
Debt to equity
2.13▲
2024 · 2.00
ROE
3.2%▼
2024 · 6.0%
Interest coverage
9.07▼
2024 · 12.81
Debt ≤ 1 year
€17.6m▲
2024 · €15.5m
Income taxes
€4,053▼
2024 · €4,426
Staff costs
€2.3m▼
2024 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96.2%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €88.8m | €102.2m | €114.9m | €116.9m | €119.1m | ▲ 1.9% |
| Turnover70 | €79.0m | €80.1m | €82.9m | €88.3m | €101.5m | €114.2m | €116.2m | €116.9m | ▲ 0.6% |
| Other operating income74 | - | - | - | €0.5m | €0.6m | €0.7m | €0.7m | €2.2m | ▲ 218% |
| Non-recurring operating income76A | - | - | - | €0.01m | €0.1m | - | - | - | - |
| Operating charges60/66A | - | - | - | €88.5m | €101.9m | €114.7m | €116.2m | €118.7m | ▲ 2.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €85.8m | €98.7m | €111.4m | €112.3m | €114.4m | ▲ 1.9% |
| Purchases600/8 | - | - | - | €85.8m | €98.7m | €111.4m | €112.3m | €114.4m | ▲ 1.9% |
| Services and other goods61 | - | - | - | €1.3m | €1.6m | €1.6m | €1.5m | €2.1m | ▲ 35.2% |
| Remuneration, social security and pensions62 | - | - | - | €1.4m | €1.5m | €1.7m | €2.3m | €2.3m | ▼ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.008m | €0.007m | €0.007m | €0.007m | €0.01m | €0.01m | €0.01m | ▲ 17.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | €0.002m | - |
| Other operating charges640/8 | - | - | - | €0.008m | €0.02m | €0.02m | €0.02m | €0.009m | ▼ 61.5% |
| Operating profit (loss)9901 | €0.9m | -€0.6m | €0.5m | €0.3m | €0.3m | €0.2m | €0.8m | €0.4m | ▼ 48.3% |
| Financial income75/76B | - | - | - | €0.3m | €0.6m | €0.06m | €0.08m | €0.05m | ▼ 34.8% |
| Recurring financial income75 | €0.07m | €0.2m | €0.3m | €0.3m | €0.6m | €0.06m | €0.08m | €0.05m | ▼ 34.8% |
| Income from financial fixed assets750 | - | - | - | €7 | €6 | €1 | €23 | - | - |
| Income from current assets751 | - | - | - | €0.01m | €0.009m | €0.03m | €0.04m | €0.04m | ▲ 1.0% |
| Other financial income752/9 | - | - | - | €0.2m | €0.6m | €0.03m | €0.03m | €0.006m | ▼ 81.3% |
| Non-recurring financial income76B | - | - | - | €0.002m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.4m | €0.7m | €0.1m | €0.4m | €0.2m | ▼ 51.8% |
| Recurring financial charges65 | €0.07m | €0.2m | €0.2m | €0.4m | €0.7m | €0.1m | €0.2m | €0.06m | ▼ 63.0% |
| Debt charges650 | €0.01m | €0.004m | €0.008m | €0.02m | €0.02m | €0.06m | €0.06m | €0.05m | ▼ 25.6% |
| Other financial charges652/9 | - | - | - | €0.3m | €0.7m | €0.05m | €0.1m | €0.02m | ▼ 83.9% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.2m | €0.1m | ▼ 41.8% |
| Profit (loss) for the period before taxes9903 | €0.9m | -€0.6m | €0.6m | €0.2m | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 43.5% |
| Income taxes67/77 | €0.3m | €0.01m | €0.02m | €0.07m | €0.07m | €0.04m | €0.004m | €0.004m | ▼ 8.4% |
| Taxes670/3 | - | - | - | €0.08m | €0.08m | €0.04m | €0.004m | €0.004m | ▼ 8.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €445 | €0.02m | €0.003m | - | - | - |
| Profit (loss) for the period9904 | €0.6m | -€0.6m | €0.6m | €0.1m | €0.2m | €0.1m | €0.5m | €0.3m | ▼ 43.8% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €0.02m | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.02m | €0.04m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.6m | -€0.6m | €0.6m | €0.1m | €0.2m | €0.07m | €0.5m | €0.3m | ▼ 40.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €24.6m | €19.2m | €21.8m | €21.0m | €26.1m | €26.8m | €24.2m | €26.2m | ▲ 8.1% |
| Formation expenses20 | - | €0.001m | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.7% |
| Tangible fixed assets22/27 | €0.009m | €0.01m | €0.01m | €0.01m | €0.02m | €0.03m | €0.03m | €0.02m | ▼ 14.2% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 14.2% |
| Furniture and vehicles24 | - | - | - | - | - | €0.001m | - | - | - |
| Financial fixed assets28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Affiliated companies280/1 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Participating interests280 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Other financial fixed assets284/8 | - | - | - | €0.005m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.005m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €24.1m | €18.7m | €21.2m | €20.5m | €25.6m | €26.3m | €23.7m | €25.6m | ▲ 8.3% |
| Amounts receivable within one year40/41 | €23.1m | €18.3m | €20.8m | €20.2m | €22.7m | €22.0m | €23.3m | €25.3m | ▲ 8.7% |
| Trade receivables40 | - | - | - | €18.2m | €22.5m | €20.4m | €22.4m | €22.9m | ▲ 2.4% |
| Other amounts receivable41 | - | - | - | €2.0m | €0.2m | €1.5m | €0.9m | €2.4m | ▲ 160% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.4m | €0.2m | €1.1m | €1.8m | €0.2m | €0.1m | ▼ 19.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €1.8m | €2.5m | €0.2m | €0.2m | ▼ 7.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €24.6m | €19.2m | €21.8m | €21.0m | €26.1m | €26.8m | €24.2m | €26.2m | ▲ 8.1% |
| Equity10/15 | €7.2m | €6.6m | €7.1m | €7.3m | €7.5m | €7.6m | €8.1m | €8.4m | ▲ 3.4% |
| Contributions10/11 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Capital10 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Issued capital100 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €6.8m | €6.2m | €6.8m | €6.9m | €7.1m | €7.2m | €7.7m | €8.0m | ▲ 3.5% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Legal reserve130 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.02m | €0.06m | €0.06m | €0.04m | ▼ 28.6% |
| Distributable reserves133 | - | - | - | €6.9m | €7.1m | €7.1m | €7.6m | €7.9m | ▲ 3.8% |
| Profit (loss) carried forward14 | €0.001m | €0.001m | €0.007m | €0.009m | €0.007m | €0.01m | €0.003m | €0.004m | ▲ 40.4% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.002m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.002m | - |
| Pensions and similar obligations160 | - | - | - | - | - | - | - | €0.002m | - |
| Amounts payable17/49 | €17.5m | €12.7m | €14.6m | €13.7m | €18.7m | €19.2m | €16.1m | €17.8m | ▲ 10.5% |
| Amounts payable after more than one year17 | €0.002m | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €17.5m | €12.7m | €14.4m | €13.7m | €18.5m | €18.9m | €15.5m | €17.6m | ▲ 14.2% |
| Trade debts44 | €16.3m | €12.3m | €14.2m | €13.4m | €18.2m | €18.7m | €14.9m | €17.2m | ▲ 15.1% |
| Suppliers440/4 | - | - | - | €13.4m | €18.2m | €18.7m | €14.9m | €17.2m | ▲ 15.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 7.2% |
| Taxes450/3 | - | - | - | €0.1m | €0.1m | €0.01m | €0.02m | €0.04m | ▲ 97.3% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 1.4% |
| Other amounts payable47/48 | - | - | - | - | €0.004m | €0.01m | €0.2m | €0.1m | ▼ 41.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.1m | €0.3m | €0.7m | €0.2m | ▼ 73.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.6m | -€0.6m | €0.6m | €0.1m | €0.2m | €0.1m | €0.5m | €0.3m | ▼ 43.8% |
| + Depreciation and write-downs630 | €0.4m | €0.008m | €0.007m | €0.007m | €0.007m | €0.01m | €0.01m | €0.01m | ▲ 17.0% |
| Operating cash flow (approximation) | €1.0m | -€0.6m | €0.6m | €0.1m | €0.2m | €0.1m | €0.5m | €0.3m | ▼ 42.4% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€0.007m | €0.03m | -€0.02m | -€0.01m | -€0.01m | -€0.01m | ▲ 22.9% |
| Change in cash | - | €0.04m | €0.3m | -€0.2m | €0.9m | €0.7m | -€1.7m | -€0.03m | ▲ 98.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 27-07-2026 | 2026-00344136 |
| 31-12-2024 | full format | 21-08-2025 | 2025-00400696 |
| 31-12-2023 | full format | 11-09-2024 | 2024-00460176 |
| 31-12-2022 | full format | 08-08-2023 | 2023-00319459 |
| 31-12-2021 | full format | 05-09-2022 | 2022-20413705 |
| 31-12-2020 | full format | 20-09-2021 | 2021-67600483 |
| 31-12-2019 | full format | 06-08-2020 | 2020-39700190 |
| 31-12-2018 | full format | 02-07-2019 | 2019-26900077 |
| 31-12-2017 | full format | 09-08-2018 | 2018-44700048 |
| 31-12-2016 | full format | 29-08-2017 | 2017-53300443 |
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Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,949. 1,122 are within a factor 10 of this equity. These 3 are the closest to it. See the whole sector
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2022 to 2025 · 10 entries · €155,271 awarded · €134,189 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €11,519 | €11,519 |
| 2024 | 2 | €10,729 | €48,729 |
| 2023 | 2 | €15,836 | €53,836 |
| 2022 | 2 | €117,187 | €20,105 |
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DMP2100723 - Marché de services : Prestations de consultance en régie spécialisée dans l’assistance à la gestion de l’infrastructure "matériel et logiciel" pour la Direction Infrastructure et la Direction IT Pédagogique (DSI): CONSULTANCE REGULIERE
Sélection et centrale d’achat licences plate-forme citoyenne
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.