CRS Consulting

Active

Private limited companyfounded 201313 yrs activeLouizalaan 391, 1050 Elsene, BelgiumKBO/BCE: BE 0504.961.016

The computed 12-month bankruptcy probability of CRS Consulting is 3.4% (moderate). The 2024 annual accounts show equity of €8k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 92% of 6714 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

70 / 100

Healthy▼ -20 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency100=

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 8.96 against 6.28 in 2023), and 11.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

88.8%

Return on assets

-47.1%

Age of the figures

20 mo

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 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

7 d late

2023

29 d late

2022

18 d early

2021

12 d early

2020

30 d late

2019

28 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€8k▼ 34.7%

2023 · €13k

2018: €-2k 2019: €-9k 2020: €12k 2021: €17k 2022: €26k 2023: €13k

2018 → 2024

Total assets

€9k▼ 37.7%

2023 · €15k

2018: €1k 2019: €14k 2020: €20k 2021: €25k 2022: €29k 2023: €15k

2018 → 2024

Net result

€-4k

2023 · €5k

2018: €-921 2019: €-7k 2020: €21k 2021: €10k 2022: €10k 2023: €5k

2018 → 2024

Working capital

€8k▼ 31.8%

2023 · €12k

2018: €-2k 2019: €-16k 2020: €12k 2021: €15k 2022: €25k 2023: €12k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€12k-€17k▲ 39.6%€26k▲ 57.4%€13k▼ 50.9%€8k▼ 34.7%

Operating result€21k-€10k▼ 52.6%€10k▼ 3.0%€8k▼ 19.4%€501▼ 93.5%

Net result€21k-€10k▼ 52.8%€10k▼ 3.0%€5k▼ 43.9%€-4k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen four years in a row; 2024 is 94% below 2023 and is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €9k

88.8%

11%

Equity €8k▼ 34.7%

Debt €1k▼ 54.7%

The debt ratio falls from 15.3% to 11.2%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€1k▼

2023 · €8k

Cash flow

€-4k▼

2023 · €6k

Solvency

88.8%▲

2023 · 84.7%

Current ratio

8.96▲

2023 · 6.28

Quick ratio

8.96▲

2023 · 6.28

Debt / equity

0.13▼

2023 · 0.18

ROE

-53.1%▼

2023 · 41.7%

ROA

-47.1%▼

2023 · 35.3%

Interest coverage

9.85▼

2023 · 158.93

Debt

€1k▼

2023 · €2k

Debt ≤ 1 year

€1k▼

2023 · €2k

Income taxes

€5k▲

2023 · €2k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€15k€9k▼

Fixed assets21/28€542-

Tangible fixed assets22/27€542-

Furniture and vehicles24€542-

Current assets29/58€15k€9k▼

Amounts receivable within one year40/41€537€2k▲

Trade receivables40€537€2k▲

Cash at bank and in hand54/58€14k€8k▼

Equity and liabilities

Total equity and liabilities10/49€15k€9k▼

Equity10/15€13k€8k▼

Profit (loss) carried forward14€13k€8k▼

Amounts payable17/49€2k€1k▼

Amounts payable within one year42/48€2k€1k▼

Trade debts44€455€246▼

Suppliers440/4€455€246▼

Taxes, remuneration and social security45€131€789▲

Taxes450/3€131€789▲

Other amounts payable47/48€2k€15▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€546€542▼

Other operating charges640/8€208€64▼

Gross operating margin9900€8k€1k▼

Operating profit (loss)9901€8k€501▼

Financial charges65/66B€52€106▲

Recurring financial charges65€52€106▲

Profit (loss) for the period before taxes9903€8k€395▼

Income taxes67/77€2k€5k▲

Profit (loss) for the period9904€5k€-4k▼

Profit (loss) for the period to be appropriated9905€5k€-4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€13k€8k▼

Profit (loss) brought forward from the previous period14P€7k€13k▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

07-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 7 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

13-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Liquidity triplescurrent ratio 9.31

Current ratio from 2.86 to 9.31; short-term debt falls from €8k to €3k.

19-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

2020

31-12

Financial Back to profitnet €21k

Net result €21k after 2 loss-making years.

31-12

Financial Liquidity times 9current ratio 2.54

Current ratio from 0.29 to 2.54; short-term debt falls from €22k to €8k.

28-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 28 days late

2019

31-12

Financial Weakest financial yearnet €-7k

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

11-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

18-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

19-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

27-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 27 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

9 acts for this company are 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, Elsene · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Louizalaan 3911050 Elsene

Ground area

1,732 m²

Building footprint

454 m²

Volume, LiDAR

13,234 m³

2 parcels, Brussels, Wallonia · tallest building 42.2 m, ±13 floors. Linked by address, not a title deed.

1 establishment unit

GOLDEN COMPASS

Avenue des Libellules 29, 1410 WaterlooReal estate development

since 20132.217.413.169

2 parcels

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0211/00M011 ProtectedSite or landscapeBoom: Witte paardekastanje (Aesculus hippocastanum)Source ↗	Brussels	1,241 m²	1 · 354 m²	42.2 m · 13 fl.
25110S0026/02B002	Wallonia	491 m²	1 · 100 m²	4.9 m · 1 fl.