CrossIT
ActiveSummary
CrossIT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335,103 and a net result of €116,376. Equity has been growing by about 36% per year since 2022. Its solvency ranks better than 93% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-07-2021 Normal situation
- Activity
- Wholesale of information and communication equipment NACE 46500and 1 other
- Establishment unit
- 2.320.252.866 8400 Oostende, since 14-07-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 20-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €148,907
- ▲ 1.6%
- Turnover
- ≈ €770,000
- estimated
- Profit
- €116,376
- ▲ 3.3%
- Equity
- €335,103
- ▲ 1.1%
- Total assets
- €366,141
- ▼ 9.1%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2021lowers riskLiquidity: current ratio 11.63, cash €93,430, halvedFigures for financial year 2025 (filed on 26-11-2025)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 84% on liquidity, 95% on profitability and 45% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 121 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 26-11-2025 PDF all 4 filings
2022 to 2025, 4 financial years
The operating result for 2025 is 1% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
- 2023 Equity +193%, Total assets +127% on 2022. Capital increase of €80,000 (Official Gazette 10-10-2022).
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,920 | €2,524 | €2,177 | €2,745 |
| Financial fixed assets | €300 | - | - | - |
| Depreciation and write-downs of the year | €50 | €989 | €1,399 | €1,675 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as CrossIT: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €272,000 and €388,000, founded between 2020 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| CrossIT Oostende | 2021 | €366,141 | €335,103 | €148,907 | €116,376 | - | 2025 |
| HIGH TEE Esneux | 2021 | €376,536 | €168,111 | €128,414 | €17,158 | 3 | 2025 |
| MAVICE Brakel | 2021 | €343,859 | €245,133 | €110,831 | €75,641 | - | 2025 |
| COOKIES & CLOUD Maldegem | 2020 | €288,594 | €86,698 | €161,739 | €78,084 | - | 2025 |
| VENDING PAYMENTS SOLUTIONS Oupeye | 2021 | €388,270 | €301,186 | €100,626 | €62,029 | - | 2025 |
| 9Nines Gent | 2021 | €384,068 | €120,939 | €214,316 | €119,910 | - | 2025 |
| Taureos Tubize | 2022 | €272,497 | €82,385 | €128,640 | €103,475 | - | 2025 |
They were chosen from the 1,401 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 26,972 companies had the same profile as CrossIT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CrossIT itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for CrossIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50 | €989 | €1,399 | €1,675 | ▲ 19.7% |
| Other operating charges640/8 | €6,222 | €706 | €381 | €1,094 | ▲ 187% |
| Gross operating margin9900 | €103,063 | €90,596 | €146,604 | €148,907 | ▲ 1.6% |
| Operating profit (loss)9901 | €96,791 | €88,901 | €144,823 | €146,138 | ▲ 0.9% |
| Financial income75/76B | €151 | €450 | €526 | €5,425 | ▲ 932% |
| Recurring financial income75 | €151 | €450 | €526 | €5,425 | ▲ 932% |
| Financial charges65/66B | €412 | €381 | €342 | €697 | ▲ 104% |
| Recurring financial charges65 | €412 | €381 | €342 | €697 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €96,530 | €88,970 | €145,007 | €150,866 | ▲ 4.0% |
| Income taxes67/77 | €26,909 | €24,864 | €32,320 | €34,489 | ▲ 6.7% |
| Profit (loss) for the period9904 | €69,621 | €64,106 | €112,687 | €116,376 | ▲ 3.3% |
| Profit (loss) for the period to be appropriated9905 | €69,621 | €64,106 | €112,687 | €116,376 | ▲ 3.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €125,905 | €285,869 | €402,802 | €366,141 | ▼ 9.1% |
| Fixed assets21/28 | €2,170 | €3,705 | €4,482 | €5,252 | ▲ 17.2% |
| Tangible fixed assets22/27 | €1,870 | €3,405 | €4,182 | €5,252 | ▲ 25.6% |
| Plant, machinery and equipment23 | €1,420 | €930 | €2,302 | €3,968 | ▲ 72.3% |
| Furniture and vehicles24 | €450 | €2,474 | €1,880 | €1,285 | ▼ 31.6% |
| Financial fixed assets28 | €300 | €300 | €300 | - | - |
| Current assets29/58 | €123,735 | €282,165 | €398,320 | €360,889 | ▼ 9.4% |
| Amounts receivable after more than one year29 | €18,435 | €51,107 | - | - | - |
| Trade receivables290 | €18,362 | €51,107 | - | - | - |
| Other amounts receivable291 | €73 | - | - | - | - |
| Amounts receivable within one year40/41 | - | €6 | €67,654 | €97,524 | ▲ 44.2% |
| Trade receivables40 | - | - | €67,654 | €58,968 | ▼ 12.8% |
| Other amounts receivable41 | - | €6 | - | €38,556 | - |
| Current investments50/53 | - | €20,350 | €111,950 | €167,550 | ▲ 49.7% |
| Cash at bank and in hand54/58 | €102,883 | €210,702 | €214,516 | €93,430 | ▼ 56.4% |
| Deferred charges and accrued income490/1 | €2,416 | - | €4,200 | €2,385 | ▼ 43.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €125,905 | €285,869 | €402,802 | €366,141 | ▼ 9.1% |
| Equity10/15 | €74,621 | €218,727 | €331,414 | €335,103 | ▲ 1.1% |
| Contributions10/11 | €5,000 | €85,000 | €85,000 | €85,000 | = |
| Reserves13 | €69,621 | €133,727 | €246,414 | €250,103 | ▲ 1.5% |
| Distributable reserves133 | €69,621 | €133,727 | €246,414 | €250,103 | ▲ 1.5% |
| Amounts payable17/49 | €51,284 | €67,142 | €71,388 | €31,037 | ▼ 56.5% |
| Amounts payable within one year42/48 | €51,009 | €67,142 | €71,388 | €31,037 | ▼ 56.5% |
| Financial debts43 | - | - | - | €6,287 | - |
| Credit institutions430/8 | - | - | - | €6,287 | - |
| Trade debts44 | €3,653 | €11,321 | €17,223 | €4,802 | ▼ 72.1% |
| Suppliers440/4 | €3,653 | €11,321 | €17,223 | €4,802 | ▼ 72.1% |
| Taxes, remuneration and social security45 | €41,941 | €41,573 | €45,720 | €19,948 | ▼ 56.4% |
| Taxes450/3 | €40,191 | €39,344 | €43,492 | €17,720 | ▼ 59.3% |
| Remuneration and social security454/9 | €1,750 | €2,228 | €2,228 | €2,228 | = |
| Other amounts payable47/48 | €5,415 | €14,249 | €8,445 | - | - |
| Accrued charges and deferred income492/3 | €275 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,621 | €64,106 | €112,687 | €116,376 | ▲ 3.3% |
| + Depreciation and write-downs630 | €50 | €989 | €1,399 | €1,675 | ▲ 19.7% |
| Operating cash flow (approximation) | €69,671 | €65,096 | €114,086 | €118,052 | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | -€2,524 | -€2,177 | -€2,445 | ▼ 12.3% |
| Change in cash | - | €107,818 | €3,815 | -€121,087 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
Board & ownership
Directors
Owners and capital
Shareholders
- DE MOOR,Peter Elisabeth Louis 282 shares · €45,120 in cash
- HERMANS,Inge 218 shares · €34,880 in cash
- VERCRUYSSE,Timmy 5,000 shares
- DE MOOR,Peter Elisabeth Louis 282 shares
- HERMANS,Inge 218 shares
Capital transactions
- 10-10-2022 Capital increase of €80,000 · to €85,000 · 500 new shares
Network & group
CrossIT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CrossIT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Registered office moved within OostendeDirector in office6 points ▸
- Board meeting, 01-12-2025
- Registered-office move, 8400 Oostende,Francis Verestraat 16
- Other provision, “statutenwijziging niet vereist, huidige statuten maken louter melding van het Gewest” (deed in Dutch)
- Director in office, Jonathan Stuyts (director)
- Director in office, J.K.Stuyts BV (director)
- Other provision, “publicatienummer”, 25160803 (deed in Dutch)
10-10
Gazette deed
Capital increase of €80,000 to €85,000Shareholding · Bank account · Amendment of the articles17 points ▸
- General meeting, 04-10-2022
- Share issue, “EERSTE BESLUIT”, 4950 (deed in Dutch)
- VERCRUYSSE,Timmy holds 5,000 shares, mentioned 2 times in the deed
- Capital increase, €80,000
- Capital contribution, €45,120
- Capital contribution, €34,880
- Other provision, “tussenkomst inbrengers” (deed in Dutch)
- Other provision, “voltallige algemene vergadering, afstand verslag bestuursorgaan” (deed in Dutch)
- Other provision, “voorkeurrecht, artikel 7 statuten” (deed in Dutch)
- Bank account, “BE54 7370 6435 5297”, 80000 (deed in Dutch)
- Other provision, “beschikbaarheid gedeponeerde gelden” (deed in Dutch)
- DE MOOR,Peter Elisabeth Louis holds 282 shares
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35382F0579/00F002 | Flanders | 938 m² | 1 · 94 m² | 10.5 m · 3 |
| 35382F0594/00Z003 | Flanders | 269 m² | 1 · 74 m² | 9.8 m · 2 |