CROUSTI
ActiveSummary
The computed 12-month bankruptcy probability of CROUSTI is 1.6% (moderate). The 2025 annual accounts show equity of €612,641 and a net result of €87,977. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 812 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-3
Solvency57▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.8 in 2024; short-term debt: 11.5% and cash: 21.5% of total assets), but 67.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
32.3%
Return on assets
4.6%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
14 d early
2024
14 d late
2023
8 d late
2022
39 d early
2021
9 d late
2020
12 d late
2019
91 d 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 12 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 9 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€87,977▼ 37.6%
2024 · €140,956
Working capital
€504,836▲ 25.6%
2024 · €401,845
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€77,621▼ 246%€1,248€69,286▲ 5,453%€140,874▲ 103%€103,262▼ 26.7%
Net result-€82,781below the sector's middle half▼ 219%-€14,833below the sector's middle half▲ 82.1%€50,708above the sector's middle half€140,956within the sector's middle half▲ 178%€87,977within the sector's middle half▼ 37.6%
Equity€181,135above the sector's middle half▲ 1,003%€268,802above the sector's middle half▲ 48.4%€336,799above the sector's middle half▲ 25.3%€525,441within the sector's middle half▲ 56.0%€612,641within the sector's middle half▲ 16.6%
Total assets€1.6mabove the sector's middle half▲ 252%€1.8mabove the sector's middle half▲ 13.1%€1.9mabove the sector's middle half▲ 7.3%€1.9mwithin the sector's middle half▲ 0.7%€1.9mwithin the sector's middle half▼ 1.3%
Debt€1.4m▲ 223%€1.5m▲ 8.5%€1.6m▲ 4.1%€1.4m▼ 11.2%€1.3m▼ 8.0%
Working capital€100,090above the sector's middle half€46,585within the sector's middle half▼ 53.5%€242,243above the sector's middle half▲ 420%€401,845within the sector's middle half▲ 65.9%€504,836above the sector's middle half▲ 25.6%
Solvency11.5%within the sector's middle half▲ 7.8pp15.1%within the sector's middle half▲ 3.6pp17.6%within the sector's middle half▲ 2.5pp27.3%within the sector's middle half▲ 9.7pp32.3%within the sector's middle half▲ 5.0pp
Current ratio1.40within the sector's middle half▲ 0.501.13within the sector's middle half▼ 0.271.99within the sector's middle half▲ 0.862.80above the sector's middle half▲ 0.813.32above the sector's middle half▲ 0.52
Return on assets (ROA)-5.3%below the sector's middle half▲ 0.5pp-0.8%within the sector's middle half▲ 4.4pp2.7%within the sector's middle half▲ 3.5pp7.3%within the sector's middle half▲ 4.7pp4.6%within the sector's middle half▼ 2.7pp
Staff (FTE)0.82.2▲ 175%2.5▲ 13.6%3below the sector's middle half▲ 20.0%3below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.2m ▼ 9.4%
Current assets
€722,108 ▲ 15.6%
Equity and liabilities €1.9m
Equity
€612,641 ▲ 16.6%
Debt
€1.3m ▼ 8.0%
Debt's share of the balance-sheet total falls from 72.7% to 67.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€286,582▼
2024 · €320,246
Cash flow
€271,297▼
2024 · €320,328
Quick ratio
2.76▲
2024 · 2.25
Debt to equity
2.10▼
2024 · 2.66
ROE
14.4%▼
2024 · 26.8%
Interest coverage
13.25▲
2024 · 12.65
Debt ≤ 1 year
€217,273▼
2024 · €222,934
Debt > 1 year
€1.1m▼
2024 · €1.2m
Income taxes
€12,055
Staff costs
€130,930▲
2024 · €112,616
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,122 | €15 | - | - |
| Remuneration, social security and pensions62 | €25,479 | €66,115 | €86,854 | €112,616 | €130,930 | ▲ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,079 | €125,283 | €177,250 | €179,372 | €183,320 | ▲ 2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €256 | - |
| Other operating charges640/8 | €687 | €564 | €1,207 | €21,941 | €21,069 | ▼ 4.0% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | €0 | - |
| Non-recurring operating charges66A | - | - | €0 | - | - | - |
| Gross operating margin9900 | -€11,375 | €193,210 | €334,598 | €454,803 | €438,837 | ▼ 3.5% |
| Operating profit (loss)9901 | -€77,621 | €1,248 | €69,286 | €140,874 | €103,262 | ▼ 26.7% |
| Financial income75/76B | €0 | €5 | €8,715 | €25,404 | €18,394 | ▼ 27.6% |
| Recurring financial income75 | €0 | €5 | €8,715 | €25,404 | €18,394 | ▼ 27.6% |
| Financial charges65/66B | €5,160 | €16,086 | €27,293 | €25,322 | €21,624 | ▼ 14.6% |
| Recurring financial charges65 | €5,160 | €16,086 | €27,293 | €25,322 | €21,624 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | -€82,781 | -€14,833 | €50,708 | €140,956 | €100,032 | ▼ 29.0% |
| Income taxes67/77 | - | - | - | - | €12,055 | - |
| Profit (loss) for the period9904 | -€82,781 | -€14,833 | €50,708 | €140,956 | €87,977 | ▼ 37.6% |
| Profit (loss) for the period to be appropriated9905 | -€82,781 | -€14,833 | €50,708 | €140,956 | €87,977 | ▼ 37.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.8m | €1.9m | €1.9m | €1.9m | ▼ 1.3% |
| Fixed assets21/28 | €1.2m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 9.4% |
| Intangible fixed assets21 | €20,810 | €17,873 | €17,838 | €11,808 | €6,006 | ▼ 49.1% |
| Tangible fixed assets22/27 | €1.2m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 9.1% |
| Land and buildings22 | €745,891 | €723,762 | €757,100 | €742,905 | €747,595 | ▲ 0.6% |
| Plant, machinery and equipment23 | €450,972 | €603,798 | €613,487 | €508,206 | €386,930 | ▼ 23.9% |
| Furniture and vehicles24 | €7,217 | €33,990 | €35,496 | €34,971 | €34,898 | ▼ 0.2% |
| Assets under construction and advance payments27 | €0 | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | €0 | €0 | - |
| Current assets29/58 | €348,635 | €400,286 | €485,771 | €624,779 | €722,108 | ▲ 15.6% |
| Stocks and contracts in progress3 | €142,710 | €100,809 | €130,847 | €124,151 | €122,693 | ▼ 1.2% |
| Stocks30/36 | €142,710 | €100,809 | €130,847 | €124,151 | €122,693 | ▼ 1.2% |
| Amounts receivable within one year40/41 | €109,748 | €214,637 | €260,790 | €185,177 | €187,600 | ▲ 1.3% |
| Trade receivables40 | €105,522 | €190,493 | €250,735 | €178,458 | €183,351 | ▲ 2.7% |
| Other amounts receivable41 | €4,226 | €24,143 | €10,055 | €6,718 | €4,249 | ▼ 36.8% |
| Current investments50/53 | - | - | - | €1,500 | €1,500 | = |
| Cash at bank and in hand54/58 | €94,698 | €83,647 | €92,886 | €312,623 | €408,745 | ▲ 30.7% |
| Deferred charges and accrued income490/1 | €1,479 | €1,194 | €1,248 | €1,328 | €1,571 | ▲ 18.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €1.9m | €1.9m | €1.9m | ▼ 1.3% |
| Equity10/15 | €181,135 | €268,802 | €336,799 | €525,441 | €612,641 | ▲ 16.6% |
| Contributions10/11 | €297,500 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Profit (loss) carried forward14 | -€116,365 | -€131,198 | -€80,490 | €60,466 | €148,443 | ▲ 145% |
| Investment grants15 | - | - | €17,289 | €64,975 | €64,197 | ▼ 1.2% |
| Amounts payable17/49 | €1.4m | €1.5m | €1.6m | €1.4m | €1.3m | ▼ 8.0% |
| Amounts payable after more than one year17 | €1.1m | €1.2m | €1.3m | €1.2m | €1.1m | ▼ 9.1% |
| Financial debts170/4 | €1.1m | €1.2m | €1.3m | €1.2m | €1.1m | ▼ 9.1% |
| Amounts payable within one year42/48 | €248,545 | €353,701 | €243,528 | €222,934 | €217,273 | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | €95,266 | €161,369 | €128,507 | €105,070 | €106,670 | ▲ 1.5% |
| Trade debts44 | €131,589 | €169,538 | €96,120 | €91,993 | €84,699 | ▼ 7.9% |
| Suppliers440/4 | €131,589 | €169,538 | €96,120 | €91,993 | €84,699 | ▼ 7.9% |
| Taxes, remuneration and social security45 | €20,561 | €21,338 | €18,052 | €24,899 | €21,920 | ▼ 12.0% |
| Taxes450/3 | €586 | €2,266 | €2,022 | €3,343 | €3,521 | ▲ 5.3% |
| Remuneration and social security454/9 | €19,975 | €19,073 | €16,030 | €21,556 | €18,399 | ▼ 14.6% |
| Other amounts payable47/48 | €1,130 | €1,457 | €849 | €971 | €3,983 | ▲ 310% |
| Accrued charges and deferred income492/3 | €0 | €0 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€82,781 | -€14,833 | €50,708 | €140,956 | €87,977 | ▼ 37.6% |
| + Depreciation and write-downs630 | €40,079 | €125,283 | €177,250 | €179,372 | €183,320 | ▲ 2.2% |
| Operating cash flow (approximation) | -€42,702 | €110,450 | €227,959 | €320,328 | €271,297 | ▼ 15.3% |
| Investment in fixed assets (approximation) | - | -€279,816 | -€221,748 | -€53,342 | -€60,859 | ▼ 14.1% |
| Change in cash | - | -€11,051 | €9,239 | €219,737 | €96,122 | ▼ 56.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 14 days late
2024
31-12
Financial
Highest result since 2019net €140,956 ▲178%
Operating result €140,874, net result €140,956, both a record.
31-12
Financial
Equity above €500,000Eq €525,441 ▲56%
2 profitable years in a row build equity to €525,441.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Back to profitnet €50,708
Net result €50,708 after 4 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €268,802 ▲48.4%
Equity rises from €181,135 to €268,802.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Weakest financial yearnet -€82,781
Net result drops to -€82,781, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €181,135 ▲1,003%
Equity rises from €16,416 to €181,135.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Geer · 1 establishment unit since 2019
Ground area
1,366 m²
Building footprint
45 m²
Volume, LiDAR
135 m³
Parcel 64036A0946/00E000, Wallonia · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CROUSTI
since 20192.286.762.330
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64036A0946/00E000 | Wallonia | 1,365 m² | 1 · 45 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- SOCIETE DU TERROIR DE GEER
- CROUSTI
Highest known parent: SOCIETE DU TERROIR DE GEER. The sources do not say who stands above it.
Owners 1
-
70%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeer2.286.762.330
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Of 75 companies in this sector we hold annual accounts for 57. 40 are within a factor 10 of this equity. The 4 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded11-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
10311Manufacture of food products
10391Manufacture of food products
46319Wholesale of fruit and vegetables, excluding potatoes
46381Wholesale trade
46389Wholesale of other food products
47210Retail sale of fruit and vegetables
E-invoicing
Reachable via Peppol
Peppol ID
0208:0720582118
Also
9925:BE0720582118
Registered
22-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.