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CROWN HANDLING

Active
Public limited companyfounded 198739 years activeSatenrozen 12, 2550 Kontich, BelgiumKBO/BCE: BE 0430.559.145
Summary

CROWN HANDLING has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €10.1m and a net result of €722,126. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 242 sector peers (NACE 46, fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of machine tools
NACE 46620Wholesale of electrical equipment, including installation materials NACE 46643
#7 employer in Kontich, Wholesale and retail trade sector1 site
Size
€24.4mturnover 2026
Staff
82.8 FTE
Equity
€10.1m
Profit
€722,126
Financial health
96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Crown Equipment Corporation
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 34 days early2 of 18 deeds read
Why 96+ Founded in 1987+ Profit of €722,126 (FY 2026)+ Equity €10.1m (64.1% of total assets)+ Size: turnover €24.4m, 82.8 FTE, total assets €15.7mShow the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2025
Strong
Solvency 89-4
equity 64.1% of total assets
Liquidity 48-7
short-term debt 29.0% · cash 7.6%
Profitability 76-2
return on assets 4.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (744 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit up to €950,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 2.51 in 2025; short-term debt: 29% and cash: 7.6% of total assets), and 35.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 77% on solvency, 66% on liquidity, 83% on profitability and 42% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €722,126 (FY 2026)
NBB · annual accounts
lowers risk · Equity €10.1m (64.1% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €24.4m, 82.8 FTE, total assets €15.7m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 27-09-2026, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
34 days early
2025
31 days early
2024
28 days early
2023
1 day early
2022
4 days early
2021
14 days early
2020
86 days 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 4 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 3 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)State Gazette act
  2. Annual accounts filedfiscal year 2026 · full…
  3. Resignation: John Elton Tate (director)Appointment: Alexander James Dicke (director)…

Key points

  • Caution: Board changedlatest change 05-05-2026 · 1 in office 1 joined · 1 left View
  • Positive: Employer in Kontich, Wholesale and retail trade sectorin the Checked rankings #7 View
  • Controlled by Crown Equipment Corporation parent View
  • Caution: Result fell in 2026from €1.1m to €722,126 ▼ 35.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2026: €722,126 6 years View
  • EU supportawarded 2023 - 2025 €140,153 View

By topic

Financials

Fiscal year
2026
Turnover
€24.4m
Profit
€722,126
Solvency
64.1%
Turnover▼ 6.0%
Net result
20192026
Go to Financials

Board & ownership

Board
1 member
Parent
Crown Equipment Corporation
Auditor
DELOITTE Bedrijfsrevisoren BV
  • Alexander James DickeDirector
Go to Board & ownership

Timeline

Events
17
Since
2018
Next accounts
by 31-10-2027
  1. 31-03-2026Equity above €10m
  2. 30-09-2025Annual accounts filed
  3. 03-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of machine toolsNACE 46620
Founded
25-02-1987
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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