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Cronos Utilities

Active
Public limited companyfounded 20179 yrs activeVeldkant 33 A, 2550 Kontich, BelgiumKBO/BCE: BE 0674.819.793

Cronos Utilities has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €713k and a net result of €256k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 1395 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-2
Solvency59▲+8
Growth77▲+4
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.34 in 2024; short-term debt: 65.5% and cash: 3% of total assets), but 65.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers 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 →
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
34.4%
Return on assets
12.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
4 d early
2024
24 d early
2023
20 d early
2022
3 d late
2021
3 d late
2020
19 d early
2019
22 d early
← 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
€5.95M▲ 38.3%
2024 · €4.30M
2018: €2.59M 2019: €3.18M 2020: €3.99M 2021: €3.61M 2022: €3.00M 2023: €3.50M 2024: €4.30M
2018 → 2025
EBIT margin
5.8%▼ 1.5pp
2024 · 7.4%
2018: 11.2% 2019: 6.8% 2020: 7.7% 2021: 8.9% 2022: 9.7% 2023: 9.8% 2024: 7.4%
2018 → 2025
Net result
€256k▲ 8.4%
2024 · €236k
2018: €179k 2019: €142k 2020: €224k 2021: €241k 2022: €205k 2023: €268k 2024: €236k
2018 → 2025
Working capital
€712k▲ 56.8%
2024 · €454k
2018: €240k 2019: €381k 2020: €606k 2021: €542k 2022: €500k 2023: €619k 2024: €454k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€3.61M-€3.00M▼ 16.9%€3.50M▲ 16.8%€4.30M▲ 22.9%€5.95M▲ 38.3%
Equity€498k-€503k▲ 1.0%€620k▲ 23.4%€457k▼ 26.4%€713k▲ 56.1%
Operating result€321k-€289k▼ 9.9%€343k▲ 18.6%€317k▼ 7.6%€348k▲ 9.6%
Net result€241k-€205k▼ 15.1%€268k▲ 30.5%€236k▼ 11.7%€256k▲ 8.4%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €321k€321kNet result 2021: €241k€241kOperating result 2022: €289k€289kNet result 2022: €205k€205kOperating result 2023: €343k€343kNet result 2023: €268k€268kOperating result 2024: €317k€317kNet result 2024: €236k€236kOperating result 2025: €348k€348kNet result 2025: €256k€256k20212022202320242025
The operating result recovers in 2025; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets €1k▼ 57.0%
Current assets €2.07M▲ 16.0%
Equity and liabilities €2.07M
Equity €713k▲ 56.1%
Provisions €519
Debt €1.36M▲ 2.0%
The debt ratio falls from 74.4% to 65.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€349k
2024 · €319k
Cash flow
€257k
2024 · €238k
Solvency
34.4%
2024 · 25.6%
Current ratio
1.53
2024 · 1.34
Quick ratio
1.53
2024 · 1.34
Debt / equity
1.90
2024 · 2.91
ROE
35.9%
2024 · 51.7%
ROA
12.4%
2024 · 13.2%
Interest coverage
47.35
2024 · 38.45
Debt
€1.36M
2024 · €1.33M
Debt ≤ 1 year
€1.36M
2024 · €1.33M
Income taxes
€92k
2024 · €85k
Staff costs
€350k
2024 · €282k
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€1.79M€2.07M
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€2k€1k
Plant, machinery and equipment23€2k€1k
Current assets29/58€1.78M€2.07M
Amounts receivable within one year40/41€1.77M€2.00M
Trade receivables40€778k€922k
Other amounts receivable41€995k€1.08M
Cash at bank and in hand54/58€7k€62k
Deferred charges and accrued income490/1€4k€3k
Equity and liabilities
Total equity and liabilities10/49€1.79M€2.07M
Equity10/15€457k€713k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€395k€651k
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€42k€42k=
Distributable reserves133€346k€602k
Profit (loss) carried forward14-€65
Provisions and deferred taxes16-€519
Provisions for liabilities and charges160/5-€519
Pensions and similar obligations160-€519
Amounts payable17/49€1.33M€1.36M
Amounts payable within one year42/48€1.33M€1.36M
Trade debts44€891k€1.16M
Suppliers440/4€891k€1.16M
Taxes, remuneration and social security45€188k€199k
Taxes450/3€109k€117k
Remuneration and social security454/9€79k€82k
Other amounts payable47/48€250k-
Income statement Code20242025
Turnover70€4.30M€5.95M
Goods, raw materials, services and sundry goods60/61€3.70M€5.25M
Remuneration, social security and pensions62€282k€350k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€519
Other operating charges640/8€3k€2k
Gross operating margin9900€604k€702k
Operating profit (loss)9901€317k€348k
Financial income75/76B€12k€8k
Recurring financial income75€12k€8k
Financial charges65/66B€8k€7k
Recurring financial charges65€8k€7k
Profit (loss) for the period before taxes9903€321k€348k
Income taxes67/77€85k€92k
Profit (loss) for the period9904€236k€256k
Profit (loss) for the period to be appropriated9905€236k€256k
Appropriation of the result
Profit (loss) to be appropriated9906€236k€256k
Profit (loss) brought forward from the previous period14P€3-
Transfer from equity791/2€164k-
Transfer to equity691/2-€256k
To other reserves6921-€256k
Profit to be distributed694/7€400k-
Return on contributions (dividend)694€400k-
Social balance
Average headcount (FTE)90872.73.0

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €500kEq €713k ▲56.1%
8 profitable years in a row build equity to €713k.
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €268k ▲30.5%
Net result €268k, the highest in the series.
03-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
31-12
Financial Equity above €500kEq €503k ▲1%
5 profitable years in a row build equity to €503k.
03-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €500kEq €607k ▲58.6%
3 profitable years in a row build equity to €607k.
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €142k ▼20.9%
Net result drops to €142k, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Kontich · 1 establishment unit since 2017
seat establishment approximate The establishment unit on the map
Ground area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cronos Utilities
Veldkant 33 A, 2550 KontichIT consultancy
since 20172.265.551.004
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024B0079/00F000 Flanders 3,333 m² 1 · 932 m² 10.3 m · 3 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.

Similar companies · same sector, comparable size

Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 10,334 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded25-04-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.