Skip to content

Cronos Europa

Active
Public limited companyfounded 200818 yrs activeKunstlaan 46, 1000 Brussel, BelgiumKBO/BCE: BE 0806.319.824

Cronos Europa has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.57M and a net result of €2.21M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 1397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
96 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-5
Solvency77▲+10
Growth85=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.2M at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.52 in 2024), but 59.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.8%
Return on assets
7.2%
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €12.6M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
24 d late
2024
60 d late
2023
49 d late
2022
13 d early
2021
24 d late
2020
55 d late
2019
158 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, full schema

Turnover
€98.40M▲ 8.0%
2024 · €91.12M
2018: €2.32M 2019: €2.76M 2020: €2.03M 2021: €5.90M 2022: €10.97M 2023: €86.00M 2024: €91.12M
2018 → 2025
EBIT margin
3.3%▼ 1.3pp
2024 · 4.6%
2018: 8.3% 2019: -9.0% 2020: -9.6% 2021: 20.5% 2022: 15.7% 2023: 2.5% 2024: 4.6%
2018 → 2025
Net result
€2.21M▲ 17.1%
2024 · €1.89M
2018: €151k 2019: €-277k 2020: €-242k 2021: €980k 2022: €1.23M 2023: €935k 2024: €1.89M
2018 → 2025
Working capital
€11.69M▲ 27.4%
2024 · €9.18M
2018: €456k 2019: €174k 2020: €-83k 2021: €870k 2022: €2.09M 2023: €6.64M 2024: €9.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€5.90M-€10.97M▲ 86.1%€86.00M▲ 684%€91.12M▲ 6.0%€98.40M▲ 8.0%
Equity€928k-€2.16M▲ 133%€7.38M▲ 241%€9.94M▲ 34.7%€12.57M▲ 26.5%
Operating result€1.21M-€1.72M▲ 42.2%€2.12M▲ 23.6%€4.19M▲ 97.6%€3.29M▼ 21.6%
Net result€980k-€1.23M▲ 25.9%€935k▼ 24.2%€1.89M▲ 102%€2.21M▲ 17.1%
Result per fiscal year
Operating resultNet result
€0€2.00M€4.00MOperating result 2021: €1.21M€1.21MNet result 2021: €980k€980kOperating result 2022: €1.72M€1.72MNet result 2022: €1.23M€1.23MOperating result 2023: €2.12M€2.12MNet result 2023: €935k€935kOperating result 2024: €4.19M€4.19MNet result 2024: €1.89M€1.89MOperating result 2025: €3.29M€3.29MNet result 2025: €2.21M€2.21M20212022202320242025
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.81M
Fixed assets €1.20M▼ 6.4%
Current assets €29.61M▲ 10.4%
Equity and liabilities €30.81M
Equity €12.57M▲ 26.5%
Provisions €4k=
Debt €18.24M▲ 0.4%
The debt ratio falls from 64.6% to 59.2%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.61M
2024 · €4.65M
Cash flow
€2.53M
2024 · €2.34M
Solvency
40.8%
2024 · 35.4%
Current ratio
1.65
2024 · 1.52
Quick ratio
1.65
2024 · 1.52
Debt / equity
1.45
2024 · 1.83
ROE
17.6%
2024 · 19.0%
ROA
7.2%
2024 · 6.7%
Interest coverage
27.75
2024 · 11.07
Debt
€18.24M
2024 · €18.17M
Debt ≤ 1 year
€17.93M
2024 · €17.66M
Income taxes
€550k
2024 · €1.23M
Staff costs
€27.50M
2024 · €25.40M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€28.12M€30.81M
Fixed assets21/28€1.28M€1.20M
Tangible fixed assets22/27€1.25M€1.07M
Plant, machinery and equipment23€159k€125k
Furniture and vehicles24€293k€237k
Other tangible fixed assets26€800k€708k
Financial fixed assets28€30k€130k
Affiliated companies280/1€19k€119k
Participating interests280€19k€119k
Other financial fixed assets284/8€11k€11k=
Amounts receivable and cash guarantees285/8€11k€11k=
Current assets29/58€26.84M€29.61M
Amounts receivable within one year40/41€25.69M€29.08M
Trade receivables40€23.83M€23.93M
Other amounts receivable41€1.87M€5.15M
Cash at bank and in hand54/58€301k€33k
Deferred charges and accrued income490/1€841k€506k
Equity and liabilities
Total equity and liabilities10/49€28.12M€30.81M
Equity10/15€9.94M€12.57M
Contributions10/11€71k€71k=
Capital10€71k€71k=
Issued capital100€71k€71k=
Reserves13€9.87M€12.50M
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€1.41M€1.73M
Distributable reserves133€8.45M€10.77M
Provisions and deferred taxes16€4k€4k=
Provisions for liabilities and charges160/5€4k€4k=
Pensions and similar obligations160€4k€4k=
Amounts payable17/49€18.17M€18.24M
Amounts payable within one year42/48€17.66M€17.93M
Trade debts44€10.32M€13.82M
Suppliers440/4€10.32M€13.82M
Taxes, remuneration and social security45€4.25M€4.01M
Taxes450/3€1.31M€761k
Remuneration and social security454/9€2.94M€3.24M
Other amounts payable47/48€3.09M€102k
Accrued charges and deferred income492/3€513k€313k
Income statement Code20242025
Operating income70/76A€91.48M€98.75M
Turnover70€91.12M€98.40M
Change in stocks of work in progress, finished goods and contracts in progress71€33k-
Other operating income74€320k€353k
Operating charges60/66A€87.28M€95.46M
Goods for resale, raw materials and consumables60€52.32M€58.08M
Purchases600/8€52.32M€58.08M
Services and other goods61€8.87M€9.34M
Remuneration, social security and pensions62€25.40M€27.50M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€453k€319k
Other operating charges640/8€243k€233k
Operating profit (loss)9901€4.19M€3.29M
Financial income75/76B€15k€25k
Recurring financial income75€15k€25k
Income from current assets751-€12k
Other financial income752/9€15k€13k
Financial charges65/66B€422k€132k
Recurring financial charges65€422k€132k
Debt charges650€420k€130k
Other financial charges652/9€3k€2k
Profit (loss) for the period before taxes9903€3.79M€3.18M
Transfer to deferred taxes680€674k€421k
Income taxes67/77€1.23M€550k
Taxes670/3€1.23M€550k
Profit (loss) for the period9904€1.89M€2.21M
Transfer from tax-exempt reserves789€514k€105k
Profit (loss) for the period to be appropriated9905€2.40M€2.31M
Appropriation of the result
Profit (loss) to be appropriated9906€2.41M€2.31M
Profit (loss) brought forward from the previous period14P€8k-
Transfer to equity691/2€2.41M€2.31M
To other reserves6921€2.41M€2.31M
Social balance
Average headcount (FTE)9087319.7337.1

The notes to these accounts (40 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial Highest result since 2018net €2.21M ▲17.1%
Net result €2.21M, the highest in the series.
31-12
Financial Equity above €10MEq €12.57M ▲26.5%
5 profitable years in a row build equity to €12.57M.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
18-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 49 days late
2023
31-12
Financial Equity above €5MEq €7.38M ▲241%
3 profitable years in a row build equity to €7.38M.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €2MEq €2.16M ▲133%
2 profitable years in a row build equity to €2.16M.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial Back to profitnet €980k
Net result €980k after 2 loss-making years.
31-12
Financial Equity above €500kEq €928k
Equity rises from €-52k to €928k.
24-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
05-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 158 days late
2020
24-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 208 days late
2019
31-12
Financial Weakest financial yearnet €-277k ▼284%
Net result drops to €-277k, the lowest in the series; recovery starts the following year.
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
22 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, Brussel · 1 establishment unit since 2008
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kunstlaan 461000 Brussel
Ground area
1,597 m²
Building footprint
1,218 m²
Volume, LiDAR
35,783 m³
Parcel 21805E0357/00B000, Brussels · tallest building 33.5 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Cronos Europa
Kunstlaan 46, 1000 BrusselComputer programming, consultancy and related activities
since 20082.173.821.963
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21805E0357/00B000
ProtectedMonumentEclectisch huisSource ↗
Brussels 1,597 m² 1 · 1,218 m² 33.5 m · 10 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

European Union, budget

2022 to 2025 · 299 entries · 18,398,971 EUR in total
Year Entries awarded
2025 159 13,835,886 EUR
2024 107 3,701,032 EUR
2023 26 862,053 EUR
2022 7 0 EUR
Projects
INFORMATION AND MEDIA MONITORING, INCLUDING DISINFORMATION, IN THE WESTERN BALKANS, SUB-SAHARAN AFRICA AND MENA REGION
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 19-03-2025 to 18-03-2026 · 1,126,746 EUR
CRISIS SUPPORT PACKAGE
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 31-10-2025 to 30-10-2026 · 498,848 EUR
FIMI RESEARCH & DEVELOPMENT
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 28-05-2025 to 27-05-2026 · 407,462 EUR
2025.0146-EXT.EUROSTAT GRAPHIC DESIGNERS
1.0.31 - Single Market Programme (incl. SMEs) · 15-10-2025 to 31-12-2026 · 400,400 EUR
COPYWRITERS / EDITORS
1.0.31 - Single Market Programme (incl. SMEs) · 10-02-2025 to 31-12-2025 · 304,600 EUR
Show 35 more projects
COPYWRITERS / EDITORS
1.0.31 - Single Market Programme (incl. SMEs) · 14-08-2025 to 31-10-2026 · 288,600 EUR
EUROSTAT GRAPHIC DESIGNERS 2025
1.0.31 - Single Market Programme (incl. SMEs) · 17-02-2025 to 31-12-2025 · 287,980 EUR
PROACTIVE COMMUNICATION PROJECT - COMMUNICATION SERVICES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 13-11-2025 to 12-11-2026 · 279,828 EUR
OUTREACH PROJECT
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 01-07-2025 to 30-06-2026 · 249,875 EUR
SUPPORT TO COMMUNICATION ACTIVITIES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 31-07-2025 to 30-11-2026 · 248,422 EUR
COMMUNICATION STRATEGIST
2.2.3SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission · 16-12-2025 to 15-01-2027 · 187,200 EUR
WEBSITE MAINTENANCE AND DEVELOPMENT
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 05-03-2025 to 30-11-2026 · 184,952 EUR
PROVISION OF SERVICES RELATED TO THE CONFIGURATION, IMPROVEMENT AND MAINTENANCE OF DG ENER'S WEBSITE
1.0.2SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission · 13-05-2025 to 30-06-2026 · 172,800 EUR
SUPPORT TO COMMUNICATION ACTIVITIES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 03-12-2025 to 15-12-2026 · 166,666 EUR
PURCHASE AND/OR MAINTENANCE OF INFORMATION TECHNOLOGIES AND/OR COMMUNICATION EQUIPMENT COVERING END-USER SOFTWARE AND OTHER RELATED DOMAINS
7.2.341 - Information and communication technology · 10-02-2025 to 30-09-2026 · 164,560 EUR
CONSULTANCY AND PROJECT SUPPORT-PROJECT MANAGER
2.2.3SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission · 13-11-2024 to 30-11-2025 · 161,963 EUR
REPORTING ON RESULTS OF MEDIA PROGRAM
2.2.34 - Creative Europe · 31-03-2025 to 01-06-2026 · 158,400 EUR
COMMUNICATION AND REPRESENTATION
2.2.32 - Erasmus+ · 31-01-2025 to 31-01-2026 · 158,400 EUR
INTRAMUROS STRATEGIC PLANNER SERVICES TO SUPPORT EU COHESION POLICY DISSEMINATION ON THE GROUND
2.1.11 - European Regional Development Fund (ERDF) · 11-12-2023 to 31-01-2025 · 157,386 EUR
MEDIA MANAGER FOR THE YOUR EUROPE PORTAL
1.0.31 - Single Market Programme (incl. SMEs) · 03-01-2026 to 30-06-2027 · 156,626 EUR
SUPPORT TO COMMUNICATION ACTIVITIES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 04-12-2025 to 30-11-2026 · 153,142 EUR
DIGITAL AND MEDIA LITERACY TRAINING SERVICES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 13-11-2025 to 12-09-2026 · 149,693 EUR
COMMUNICATIONS AND PUBLICATIONS
2.2.32 - Erasmus+ · 27-03-2025 to 12-03-2026 · 147,000 EUR
COMM EXTERNAL SERVICE PROVIDER
7.2.372 - Publications · 25-09-2025 to 30-11-2026 · 145,152 EUR
ASSISTANCE FRO THEMATIC COMMUNICATION SERVICES - LOT 2 - 1ST RANKED
1.0.11 - Horizon Europe · 19-12-2024 to 01-05-2026 · 142,242 EUR
TIMES & MEANS IT EXPERT
1.0.23 - Digital Europe Programme · 01-12-2025 to 31-10-2026 · 141,926 EUR
SUPPORT TO COMMUNICATION ACTIVITIES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 07-02-2025 to 31-03-2026 · 141,421 EUR
COMM EXTERNAL SERVICE PROVIDER
7.2.374 - Studies and investigations · 20-10-2025 to 31-12-2026 · 139,776 EUR
FWC PROJECT MANAGEMENT SERVICES PROVIDED BY RESONANCE CONSORTIUM
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 22-04-2025 to 30-04-2026 · 138,600 EUR
PROJECT MANAGER LEVEL 2 FOR DG DEFIS
1.0.11 - Horizon Europe · 01-05-2025 to 30-06-2026 · 136,231 EUR
EDITORIAL MEDIA ONLINE AND AUDIO-VISUAL SUPPORT TO THE LOCAL COMMUNICATION STRATEGY
2.2.3SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission · 15-12-2024 to 31-03-2026 · 134,793 EUR
SUPPORT TO COMMUNICATION ACTIVITIES
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 15-10-2025 to 30-11-2026 · 133,504 EUR
COMMUNICATIONS AND PUBLICATIONS
2.2.34 - Creative Europe · 16-06-2025 to 30-09-2026 · 133,334 EUR
INTRAMUROS ILLUSTRATOR SERVICES TO SUPPORT EU COHESION POLICY DISSEMINATION ON THE GROUND
2.1.11 - European Regional Development Fund (ERDF) · 08-12-2023 to 31-01-2025 · 130,782 EUR
CONCEPTUAL AND IMPLEMENTATION WORK FOR COMMUNICATION PRODUCTS, NAMELY DESIGN, AUTHORING AND ANALYSIS
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 15-10-2025 to 30-09-2026 · 130,000 EUR
ASSISTANCE FOR THEMATIC COMMUNICATION SERVICES
1.0.11 - Horizon Europe · 31-03-2025 to 31-10-2026 · 129,650 EUR
SERVICES - IT MAINTENANCE AND DEVELOPMENT
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions · 01-10-2025 to 30-09-2026 · 129,061 EUR
MEDIA MANAGER (SENIOR)
3.2.21 - Programme for Environment and Climate Action (LIFE) · 11-07-2025 to 10-07-2026 · 128,800 EUR
STRATEGIC PLANNER FOR INTER-INSTITUTIONAL RELATIONS SERVICES
2.2.3SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission · 03-01-2024 to 02-01-2025 · 127,181 EUR
INTRAMUROS STRATEGIC PLANNER SERVICES TO SUPPORT EU COHESION POLICY DISSEMINATION ON THE GROUND
2.1.11 - European Regional Development Fund (ERDF) · 29-04-2024 to 31-07-2025 · 124,010 EUR

Similar companies · same sector, comparable size

Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 732 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded11-09-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.