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CROSSWORD

Active
Private limited companyfounded 199135 yrs activeF. Van Asschestraat 26, 1140 Evere, BelgiumKBO/BCE: BE 0444.180.717
Summary

CROSSWORD has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€47,528) and a net result of €9,456. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
CROSSWORDActiveChecked score 52/100
Risk analysis ReportCompare

Overview

What they do
Translation services
NACE 74301NACE 74300NACE 74852
1 site
How big
€8,934total assets 2024
Equity
-€47,528
Profit
€9,456
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2024
Bankruptcy chance 12 m
0.6%
Who decides
Accounts 63 d overdue0 of 3 deeds read
Why 52- Higher-failure-rate region- Annual accounts: weaker financial profile- Weak solvency vs sector+ Lower-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
52 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+30
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.11 in 2023; short-term debt: 632% and cash: 0.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-532%
Return on assets
105.8%
Age of the figures
21 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
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4345 sector peers (2024).
NBB · sector comparison
Position among 4345 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-10-2025, 65 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
not confirmed
2024
65 d late
2023
46 d late
2022
105 d late
2021
69 d late
2020
122 d late
2019
114 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 87 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2018net €9,456 ▲261%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€47,528 View
  • Caution: Among the weakest 5% on solvencysector median 50.3% · 4,345 companies -532.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€8,934
Profit
€9,456
Solvency
-532.0%
Total assets▲ 19.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 04-10-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 15-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Translation servicesNACE 74301
Founded
17-05-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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