CROWN ESTATES
ActiveSummary
CROWN ESTATES has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€505,317. Equity is shrinking by about 47% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€505,317▼ 22.8%
2024 · -€411,644
Working capital
-€4.7m
2023 · €57,013
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,671 in 2025 against €1,530 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.002m
2025
Net result-€0.5m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.6m
2025
Equity-€1.1m
2025
Debt€16.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€4.7m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.007m--€420▲ 94.4%-€0.002m▼ 265%-€0.001m▲ 17.3%-€0.001m▼ 8.8%-€0.002m▼ 21.2%-€0.002m▲ 8.5%-€0.002m▼ 9.2%
Net result€0.6m--€0.4m-€0.4m▼ 12.1%-€0.6m▼ 39.0%-€0.7m▼ 6.3%€0.8m-€0.4m-€0.5m▼ 22.8%
Equity€1.1m-€0.7m▼ 34.9%€0.3m▼ 60.1%-€0.3m-€1.0m▼ 204%-€0.2m▲ 83.2%-€0.6m▼ 250%-€1.1m▼ 87.7%
Total assets€9.1m-€8.8m▼ 3.9%€8.9m▲ 1.7%€11.8m▲ 32.9%€12.1m▲ 2.6%€13.1m▲ 7.5%€17.1m▲ 31.2%€15.6m▼ 8.7%
Debt€8.0m-€8.0m▲ 0.5%€8.6m▲ 7.4%€12.2m▲ 41.2%€13.1m▲ 7.9%€13.2m▲ 0.7%€17.7m▲ 33.9%€16.7m▼ 5.5%
Working capital-€0.06m--€4.2m▼ 7,086%-€1.2m-€0.9m▲ 26.5%€0.06m-€4.7m
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.6m
Fixed assets
€15.6m ▼ 8.7%
Current assets
€1,780 ▲ 266%
Equity and liabilities
Equity-€1.1m
Debt€16.7m
Equity is negative: debt (€16.7m) exceeds the balance-sheet total (€15.6m).
Key figures and ratios
Solvency
-6.9%▼
2024 · -3.4%
ROA
-3.2%▼
2024 · -2.4%
Debt > 1 year
€13.1m▲
2024 · €10.4m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 3.2% |
| Gross operating margin9900 | -€0.007m | -€72 | -€0.001m | -€399 | -€0.001m | -€0.001m | -€0.001m | -€0.001m | ▼ 19.6% |
| Operating profit (loss)9901 | -€0.007m | -€420 | -€0.002m | -€0.001m | -€0.001m | -€0.002m | -€0.002m | -€0.002m | ▼ 9.2% |
| Financial income75/76B | - | - | - | €0.2m | €0.3m | €1.1m | €0.5m | €0.6m | ▲ 9.0% |
| Recurring financial income75 | €0.004m | €0.03m | €0.05m | €0.2m | €0.3m | €1.1m | €0.5m | €0.6m | ▲ 9.0% |
| Financial charges65/66B | - | - | - | €0.8m | €0.9m | €0.2m | €0.9m | €1.1m | ▲ 15.2% |
| Recurring financial charges65 | €0.2m | €0.4m | €0.5m | €0.8m | €0.9m | €0.2m | €0.9m | €1.1m | ▲ 15.2% |
| Profit (loss) for the period before taxes9903 | €0.6m | -€0.4m | -€0.4m | -€0.6m | -€0.7m | €0.8m | -€0.4m | -€0.5m | ▼ 22.8% |
| Profit (loss) for the period9904 | €0.6m | -€0.4m | -€0.4m | -€0.6m | -€0.7m | €0.8m | -€0.4m | -€0.5m | ▼ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €0.6m | -€0.4m | -€0.4m | -€0.6m | -€0.7m | €0.8m | -€0.4m | -€0.5m | ▼ 22.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €9.1m | €8.8m | €8.9m | €11.8m | €12.1m | €13.1m | €17.1m | €15.6m | ▼ 8.7% |
| Fixed assets21/28 | €8.2m | €8.3m | €8.3m | €8.3m | €8.3m | €8.3m | €17.1m | €15.6m | ▼ 8.7% |
| Financial fixed assets28 | €8.2m | €8.3m | €8.3m | €8.3m | €8.3m | €8.3m | €17.1m | €15.6m | ▼ 8.7% |
| Current assets29/58 | €0.9m | €0.5m | €0.7m | €3.6m | €3.9m | €4.8m | €486 | €0.002m | ▲ 266% |
| Amounts receivable within one year40/41 | €0.9m | €0.5m | €0.7m | €3.6m | €3.9m | €4.8m | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €3.6m | €3.9m | €4.8m | - | €0.001m | - |
| Cash at bank and in hand54/58 | €0.005m | €0.001m | €0.002m | €0.02m | €0.001m | €0.006m | €486 | €0.001m | ▲ 122% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €9.1m | €8.8m | €8.9m | €11.8m | €12.1m | €13.1m | €17.1m | €15.6m | ▼ 8.7% |
| Equity10/15 | €1.1m | €0.7m | €0.3m | -€0.3m | -€1.0m | -€0.2m | -€0.6m | -€1.1m | ▼ 87.7% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.6m | €0.2m | -€0.2m | -€0.8m | -€1.5m | -€0.7m | -€1.1m | -€1.6m | ▼ 47.0% |
| Amounts payable17/49 | €8.0m | €8.0m | €8.6m | €12.2m | €13.1m | €13.2m | €17.7m | €16.7m | ▼ 5.5% |
| Amounts payable after more than one year17 | €6.8m | €2.7m | €7.6m | €5.7m | €5.8m | €6.6m | €10.4m | €13.1m | ▲ 26.1% |
| Financial debts170/4 | - | - | - | €5.7m | €5.8m | €6.6m | €10.4m | €13.1m | ▲ 26.1% |
| Amounts payable within one year42/48 | €0.9m | €4.8m | - | €4.7m | €4.7m | €4.7m | €4.7m | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €4.7m | - | - | - | - | - |
| Financial debts43 | - | - | - | - | €4.7m | €4.7m | €4.7m | - | - |
| Credit institutions430/8 | - | - | - | - | €4.7m | €4.7m | €4.7m | - | - |
| Trade debts44 | €20 | €20 | - | - | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1.7m | €2.6m | €1.9m | €2.5m | €3.6m | ▲ 41.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.6m | -€0.4m | -€0.4m | -€0.6m | -€0.7m | €0.8m | -€0.4m | -€0.5m | ▼ 22.8% |
| Operating cash flow (approximation) | €0.6m | -€0.4m | -€0.4m | -€0.6m | -€0.7m | €0.8m | -€0.4m | -€0.5m | ▼ 22.8% |
| Investment in fixed assets (approximation) | - | -€0.008m | €0 | €0 | €0 | €0 | -€8.9m | €1.5m | - |
| Change in cash | - | -€0.005m | €0.001m | €0.02m | -€0.02m | €0.005m | -€0.005m | €0.001m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 26-07-2026 | 2026-00332142 |
| 31-12-2024 | full format | 13-07-2025 | 2025-00262435 |
| 31-12-2023 | full format | 28-08-2024 | 2024-00384372 |
| 31-12-2022 | full format | 19-07-2023 | 2023-00249574 |
| 31-12-2021 | full format | 20-07-2022 | 2022-20205043 |
| 31-12-2020 | full format | 07-06-2021 | 2021-17400163 |
| 31-12-2019 | full format | 16-06-2020 | 2020-17600592 |
| 31-12-2018 | full format | 08-06-2019 | 2019-16900518 |
| 31-12-2017 | full format | 13-06-2018 | 2018-17700165 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.