Skip to content

CROSS CHARTERING

Active
Public limited companyfounded 1992active for 34 yearsNapoleonkaai 39, 2000 Antwerpen, BelgiumKBO/BCE: BE 0448.303.514
Summary

CROSS CHARTERING has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €675,163 and a net result of €2.2m. Equity has been growing by about 5.3% per year since 2018. Its solvency ranks better than 20% of 78 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-09-1992 Normal situation
Activity
Water transport NACE 50200and 1 other
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.059.365.230 2000 Antwerpen, since 29-10-1992
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • NV COMATRACOManaging director
  • NV COLUMBUS INTERNATIONALDirector · since 19-05-2022
Shareholders

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€3.6m
▲ 9.6%
Turnover
≈ €6.1m
estimated
Profit
€2.2m
▼ 35.6%
Equity
€675,163
▲ 0.1%
Total assets
€4.0m
▼ 36.6%
Employees on 31-12-2025
2
▼ 33.3%
Score breakdownraises risk2 of the last 3 accounts lateEquity €675,163 (16.9% of total assets)lowers riskSize: 1.1 FTE, total assets €4.0mSector: Water transport (NACE 50)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in water transport (NACE 50)
Financial strength · tick: 2024
Average
Solvency 42+6
equity 16.9% of total assets
Liquidity 34-19
short-term debt 75.5% · cash 19.8%
Profitability 100=
return on assets 54.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies, NACE 50, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32 (1.18 in 2024), below the usual 1.5. Short-term debt is 75.5% and cash 19.8% of total assets. 83.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 50, micro). It does better than 32% of them on solvency, 23% on liquidity, 94% on profitability and 41% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: 1.1 FTE, total assets €4.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Water transport (NACE 50)
KBO
raises risk · Equity €675,163 (16.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 78 sector peers (2025).
NBB · sector comparison
Position among 78 sector peers
Solvency
better than 20%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
74 days late
2023
69 days late
2022
4 days early
2021
78 days late
2020
153 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 68 days after the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 October (4 of the last 5 accounts filed within 74 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 83% of companies in water transportsector median €143,748 · 73 companies €2.2m View
  • Positive: 8 profitable years in a rowprofit 2025: €2.2m 8 years View
  • Caution: Result fell in 2025from €3.4m to €2.2m ▼ 35.6% View

Recent changes

  1. · Gazette deed Resignation: Lionel Thienpont (director)
  2. · Gazette deed Amendment of the articles
  3. · Gazette deed Reappointments: NV COMATRACO, NV COLUMBUS INTERNATIONAL and Lionel Thienpont
All 17 events

Comparable companies

These companies have the same main activity as CROSS CHARTERING: water transport (NACE 50200). They are comparable in size and age: total assets between €1.2m and €27m, founded between 1991 and 2004.

CompanyTotal assetsGross margin
CROSS CHARTERING Antwerpen€4.0m€3.6m
EURO-CRUISE Hoogstraten€2.0m€0.3m
Falco Lines Belgium Antwerpen€1.2m€0.9m
NEW STAR TRADING Dalhem€4.2m€0.4m
NORMED BELGIUM Antwerpen€2.9m€0.5m
Conti-Lines Coastal Antwerpen€27.5m€1.4m
BELTREX CORPORATE Antwerpen€3.8m€0.2m
Full comparison

Key facts about CROSS CHARTERING

What is the company number of CROSS CHARTERING?
The company number of CROSS CHARTERING is 0448.303.514. The VAT number is the same number with BE in front: BE 0448.303.514.
Where is CROSS CHARTERING based?
The registered office is at Napoleonkaai 39, 2000 Antwerpen.Company details
What does CROSS CHARTERING do?
According to the KBO register, the main activity is water transport (NACE 50200).
What is the legal form of CROSS CHARTERING?
The legal form of CROSS CHARTERING is Public limited company (NV).
When was CROSS CHARTERING founded?
CROSS CHARTERING was founded on 30-09-1992.
Is CROSS CHARTERING still active?
Yes, CROSS CHARTERING is an active enterprise in the KBO register.
How many employees does CROSS CHARTERING have?
CROSS CHARTERING had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CROSS CHARTERING fall under?
In its 2025 annual accounts, CROSS CHARTERING states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of CROSS CHARTERING?
The turnover in financial year 2025 is ≈ €6.1m. This figure is estimated from the gross margin of €3.6m and 1,584 comparable companies of the same size. It probably lies between €4.1m and €10.0m. It is a rough estimate.
Is CROSS CHARTERING profitable?
In financial year 2025, CROSS CHARTERING made a profit of €2.2m.
Where can I find the annual accounts of CROSS CHARTERING?
CROSS CHARTERING filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CROSS CHARTERING due?
CROSS CHARTERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.