CROW-N
ActiveThe computed 12-month bankruptcy probability of CROW-N is 1.9% (moderate). The 2025 annual accounts show negative equity (€-392k) and a net result of €-212k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 638 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33▼-8
Growth32=
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.86 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 · 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 2025Solvency, return and age of the figures
Solvency
-143.6%
Return on assets
-77.6%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€392k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 4 filingsDeviation from the deadline
2025
18 d late
2024
29 d late
2023
40 d early
2022
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-392k▼ 118%
2024 · €-180k
2022: €18k
2023: €19k
2024: €-180k
2022 → 2025
Total assets
€273k▼ 37.2%
2024 · €435k
2022: €173k
2023: €200k
2024: €435k
2022 → 2025
Net result
€-212k▼ 6.5%
2024 · €-199k
2022: €-7k
2023: €1k
2024: €-199k
2022 → 2025
Working capital
€-115k▼ 216%
2024 · €-36k
2022: €-70k
2023: €-64k
2024: €-36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€18k-€19k▲ 6.4%€-180k€-392k▼ 118%
Operating result€-6k-€3k€-190k€-199k▼ 4.8%
Net result€-7k-€1k€-199k€-212k▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €199k in 2025 against €190k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€158k▼ 25.1%
Current assets
€115k▼ 48.6%
Key figures and ratios
EBITDA
€-146k▲
2024 · €-152k
Cash flow
€-159k▲
2024 · €-161k
Solvency
-143.6%▼
2024 · -41.4%
Current ratio
0.50▼
2024 · 0.86
Quick ratio
0.07▼
2024 · 0.49
Debt / equity
-1.70▲
2024 · -3.41
ROE
54.1%▼
2024 · 110.6%
ROA
-77.6%▼
2024 · -45.8%
Interest coverage
-11.77▲
2024 · -17.56
Debt
€665k▲
2024 · €615k
Debt ≤ 1 year
€230k▼
2024 · €260k
Debt > 1 year
€431k▲
2024 · €355k
Income taxes
€201▼
2024 · €202
Staff costs
€262k▲
2024 · €194k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€435k€273k▼
Fixed assets21/28€211k€158k▼
Intangible fixed assets21€47k€37k▼
Tangible fixed assets22/27€161k€119k▼
Plant, machinery and equipment23€107k€86k▼
Furniture and vehicles24€55k€33k▼
Financial fixed assets28€3k€3k=
Current assets29/58€223k€115k▼
Stocks and contracts in progress3€96k€98k▲
Stocks30/36€96k€98k▲
Amounts receivable within one year40/41€61k€9k▼
Trade receivables40€52k€7k▼
Other amounts receivable41€10k€2k▼
Cash at bank and in hand54/58€65k€6k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€435k€273k▼
Equity10/15€-180k€-392k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-205k€-417k▼
Amounts payable17/49€615k€665k▲
Amounts payable after more than one year17€355k€431k▲
Financial debts170/4€355k€431k▲
Amounts payable within one year42/48€260k€230k▼
Current portion of amounts payable after more than one year42€46k€44k▼
Trade debts44€62k€56k▼
Suppliers440/4€62k€56k▼
Taxes, remuneration and social security45€40k€48k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€36k€44k▲
Other amounts payable47/48€112k€82k▼
Accrued charges and deferred income492/3€265€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€194k€262k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€53k▲
Other operating charges640/8€182€393▲
Gross operating margin9900€43k€116k▲
Operating profit (loss)9901€-190k€-199k▼
Financial income75/76B-€80
Recurring financial income75-€80
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€-199k€-212k▼
Income taxes67/77€202€201▼
Profit (loss) for the period9904€-199k€-212k▼
Profit (loss) for the period to be appropriated9905€-199k€-212k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-205k€-417k▼
Profit (loss) brought forward from the previous period14P€-6k€-205k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-212k
Net result drops to €-212k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Gaulois(GHI) 57822 AthGround area
2,812 m²
Building footprint
818 m²
Parcel 51042B0601/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CROW-N
since 20222.328.612.484
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51042B0601/00N000 | Wallonia | 2,812 m² | 1 · 818 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TM DENTAL
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CODE16
BE 0505.717.616
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La Sonrisa Belgica
BE 0719.671.704
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KNS DENTAL
BE 0802.413.494
Wavre · Eq €19k
Of 1,244 companies in sector 32500 we hold annual accounts for 691. 334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2022
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
72200Scientific research and development
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
70200Business and other management consultancy
74112Other professional, scientific and technical activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
85599Other education
86909Human health activities
86994Podiatry and foot care
86995Nutrition and dietetics services
86999Other human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.