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CROSSBAT

Active
Private limited companyfounded 20197 years activeStationsstraat(FEER) 63, 8480 Ichtegem, BelgiumKBO/BCE: BE 0723.940.791
Summary

The computed 12-month bankruptcy probability of CROSSBAT is 4.8% (elevated). The 2025 annual accounts show equity of €19,408 and a net result of -€5,439. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 9,039 sector peers (NACE 41, fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€85,181total assets 2025
Equity
€19,408
Loss
-€5,439
Turnover not published (abridged schema)
Financial health
36 Weak Checked score 2025
Bankruptcy probability, 12 months
4.8%
Structure
Accounts filed 55 days late0 of 2 deeds read
Why 36- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 55 days late; 2 of the last 3 late- Founded in 2019- Equity €19,408 (22.8% of total assets)Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 17% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 48-49
equity 22.8% of total assets
Liquidity 21-45
short-term debt 77.2% · cash 10.1%
Profitability 11-65
return on assets -6.4%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 4.0%● unchanged vs 12-2024 02-2025: 3.9%▼ -0.1 percentage points vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025 04-2025: 3.9%● unchanged vs 03-2025 05-2025: 3.7%▼ -0.2 percentage points vs 04-2025 06-2025: 3.7%● unchanged vs 05-2025 07-2025: 3.2%▼ -0.5 percentage points vs 06-2025 08-2025: 3.7%▲ +0.5 percentage points vs 07-2025 09-2025: 1.3%▼ -2.4 percentage points vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026lowest value 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▼ -0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.6 percentage points vs 07-2026 09-2026: 2.2%▲ +0.3 percentage points vs 08-2026 10-2026: 4.8%▲ +2.6 percentage points vs 09-2026highest value
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.3 against 3.57 in 2024; short-term debt: 77.2% and cash: 10.1% of total assets), and 77.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 29% on solvency, 17% on liquidity, 14% on profitability and 8% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Latest accounts 55 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2019
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Equity €19,408 (22.8% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 7 filings
Deviation from the deadline
2025
55 days late
2024
28 days late
2023
55 days late
2022
18 days late
2021
31 days late
2020
108 days late
2019
105 days late
← 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 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 18% on net resultsector median €8,450 · 9,031 companies -€5,439 View
  • Total assets 20256 fiscal years filed €85,181 View
  • Active since 2019founded 02-04-2019 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€85,181
Loss
-€5,439
Solvency
22.8%
Total assets▼ 3.1%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2020
Next accounts
by 31-07-2027
  1. 18-08-2023Annual accounts filed
  2. 31-12-2022Liquidity doubles
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
02-04-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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