CRT
ActiveSummary
CRT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €357k and a net result of €233k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+21
Solvency61▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.38 against 1.03 in 2024; short-term debt: 23.5% and cash: 5% of total assets), and 63.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
36.4%
Return on assets
23.7%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 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 · 8 filingsDeviation from the deadline
2025
27 d late
2024
8 d early
2023
15 d late
2022
46 d late
2021
24 d late
2020
31 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€357k▲ 188%
2024 · €124k
2019: €109k
2020: €103k▼ -6.2% vs 2019
2021: €83k▼ -19.0% vs 2020lowest in 7 years
2022: €107k▲ +28.4% vs 2021
2023: €107k▲ +0.7% vs 2022
2024: €124k▲ +15.3% vs 2023
2025: €357k▲ +188% vs 2024highest in 7 years
2019 → 2025
Total assets
€981k▲ 113%
2024 · €460k
2019: €431k
2020: €407k▼ -5.7% vs 2019
2021: €376k▼ -7.4% vs 2020lowest in 7 years
2022: €386k▲ +2.6% vs 2021
2023: €390k▲ +0.9% vs 2022
2024: €460k▲ +18.1% vs 2023
2025: €981k▲ +113% vs 2024highest in 7 years
2019 → 2025
Net result
€233k▲ 640%
2024 · €31k
2019: €-26klowest in 7 years
2020: €-7k▲ +73.9% vs 2019
2021: €-20k▼ -188% vs 2020
2022: €24k▲ +221% vs 2021
2023: €746▼ -96.8% vs 2022
2024: €31k▲ +4116% vs 2023
2025: €233k▲ +640% vs 2024highest in 7 years
2019 → 2025
Working capital
€-143k
2024 · €4k
2019: €-11k
2020: €-16k▼ -53.5% vs 2019
2022: €-7k
2023: €-9k▼ -35.4% vs 2022
2024: €4k▲ +146% vs 2023highest value
2025: €-143k▼ -3453% vs 2024lowest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€107k▲ 28.4%€107k▲ 0.7%€124k▲ 15.3%€357k▲ 188%
2021: €83klowest in 5 years
2022: €107k▲ +28.4% vs 2021
2023: €107k▲ +0.7% vs 2022
2024: €124k▲ +15.3% vs 2023
2025: €357k▲ +188% vs 2024highest in 5 years
Operating result€-13k-€32k€7k▼ 76.6%€51k▲ 592%€328k▲ 538%
2021: €-13klowest in 5 years
2022: €32k▲ +349% vs 2021
2023: €7k▼ -76.6% vs 2022
2024: €51k▲ +592% vs 2023
2025: €328k▲ +538% vs 2024highest in 5 years
Net result€-20k-€24k€746▼ 96.8%€31k▲ 4,116%€233k▲ 640%
2021: €-20klowest in 5 years
2022: €24k▲ +221% vs 2021
2023: €746▼ -96.8% vs 2022
2024: €31k▲ +4116% vs 2023
2025: €233k▲ +640% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 538% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €981k
Fixed assets
€894k ▲ 169%
Current assets
€87k ▼ 31.8%
Equity and liabilities €981k
Equity
€357k ▲ 188%
Debt
€624k ▲ 85.8%
Debt's share of the balance-sheet total falls from 73.1% to 63.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€342k▲
2024 · €66k
Cash flow
€246k▲
2024 · €46k
Current ratio
0.38▼
2024 · 1.03
Debt to equity
1.75▼
2024 · 2.71
ROE
65.3%▲
2024 · 25.4%
ROA
23.7%▲
2024 · 6.8%
Interest coverage
52.36▲
2024 · 12.07
Debt ≤ 1 year
€230k▲
2024 · €123k
Debt > 1 year
€394k▲
2024 · €213k
Income taxes
€89k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€460k€981k▲
Fixed assets21/28€333k€894k▲
Tangible fixed assets22/27€333k€319k▼
Land and buildings22€312k€303k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€12k€9k▼
Financial fixed assets28-€575k
Current assets29/58€127k€87k▼
Amounts receivable within one year40/41€87k€36k▼
Trade receivables40€87k€36k▼
Other amounts receivable41€720€0▼
Cash at bank and in hand54/58€38k€49k▲
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€460k€981k▲
Equity10/15€124k€357k▲
Contributions10/11€112k€112k=
Reserves13€12k€244k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12k€244k▲
Profit (loss) carried forward14€0€0▼
Amounts payable17/49€336k€624k▲
Amounts payable after more than one year17€213k€394k▲
Financial debts170/4€213k€394k▲
Amounts payable within one year42/48€123k€230k▲
Current portion of amounts payable after more than one year42€18k€14k▼
Trade debts44€73k€76k▲
Suppliers440/4€73k€76k▲
Taxes, remuneration and social security45€32k€96k▲
Taxes450/3€29k€94k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48-€44k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€68k€344k▲
Operating profit (loss)9901€51k€328k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€46k€322k▲
Income taxes67/77€15k€89k▲
Profit (loss) for the period9904€31k€233k▲
Profit (loss) for the period to be appropriated9905€31k€233k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€233k▲
Profit (loss) brought forward from the previous period14P€-22k€0▲
Transfer from equity791/2€15k€0▼
Transfer to equity691/2€10k€233k▲
To other reserves6921€10k€233k▲
Profit to be distributed694/7€15k€0▼
Return on contributions (dividend)694€15k€0▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €14k | €14k | €14k | €13k | ▼ 4.9% |
| Other operating charges640/8 | - | €3k | €3k | €2k | €2k | ▼ 13.6% |
| Gross operating margin9900 | €10k | €48k | €24k | €68k | €344k | ▲ 406% |
| Operating profit (loss)9901 | €-13k | €32k | €7k | €51k | €328k | ▲ 538% |
| Financial income75/76B | - | €648 | €1k | €0 | - | - |
| Recurring financial income75 | - | €648 | €1k | €0 | - | - |
| Financial charges65/66B | - | €6k | €6k | €5k | €7k | ▲ 20.2% |
| Recurring financial charges65 | €7k | €6k | €6k | €5k | €7k | ▲ 20.2% |
| Profit (loss) for the period before taxes9903 | €-19k | €26k | €2k | €46k | €322k | ▲ 599% |
| Income taxes67/77 | €20 | €3k | €1k | €15k | €89k | ▲ 510% |
| Profit (loss) for the period9904 | €-20k | €24k | €746 | €31k | €233k | ▲ 640% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €24k | €746 | €31k | €233k | ▲ 640% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €376k | €386k | €390k | €460k | €981k | ▲ 113% |
| Fixed assets21/28 | €376k | €361k | €347k | €333k | €894k | ▲ 169% |
| Tangible fixed assets22/27 | €376k | €361k | €347k | €333k | €319k | ▼ 4.0% |
| Land and buildings22 | - | €329k | €320k | €312k | €303k | ▼ 2.7% |
| Plant, machinery and equipment23 | - | €15k | €12k | €9k | €7k | ▼ 26.8% |
| Furniture and vehicles24 | - | €17k | €14k | €12k | €9k | ▼ 20.5% |
| Financial fixed assets28 | - | - | - | - | €575k | - |
| Current assets29/58 | - | €25k | €43k | €127k | €87k | ▼ 31.8% |
| Amounts receivable within one year40/41 | - | €25k | €31k | €87k | €36k | ▼ 58.4% |
| Trade receivables40 | - | €8k | €7k | €87k | €36k | ▼ 58.1% |
| Other amounts receivable41 | - | €17k | €24k | €720 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | €26 | €11k | €38k | €49k | ▲ 27.5% |
| Deferred charges and accrued income490/1 | - | - | €907 | €2k | €2k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €376k | €386k | €390k | €460k | €981k | ▲ 113% |
| Equity10/15 | €83k | €107k | €107k | €124k | €357k | ▲ 188% |
| Contributions10/11 | - | €112k | €112k | €112k | €112k | = |
| Reserves13 | €17k | €17k | €17k | €12k | €244k | ▲ 2,021% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €15k | €15k | €12k | €244k | ▲ 2,021% |
| Profit (loss) carried forward14 | €-46k | €-23k | €-22k | €0 | €0 | ▼ 100% |
| Amounts payable17/49 | €293k | €280k | €282k | €336k | €624k | ▲ 85.8% |
| Amounts payable after more than one year17 | €270k | €247k | €230k | €213k | €394k | ▲ 84.9% |
| Financial debts170/4 | - | €247k | €230k | €213k | €394k | ▲ 84.9% |
| Amounts payable within one year42/48 | €24k | €32k | €52k | €123k | €230k | ▲ 87.2% |
| Current portion of amounts payable after more than one year42 | - | €17k | €18k | €18k | €14k | ▼ 21.2% |
| Trade debts44 | €2k | €6k | €16k | €73k | €76k | ▲ 3.7% |
| Suppliers440/4 | - | €6k | €16k | €73k | €76k | ▲ 3.7% |
| Taxes, remuneration and social security45 | - | €9k | €19k | €32k | €96k | ▲ 202% |
| Taxes450/3 | - | €9k | €15k | €29k | €94k | ▲ 229% |
| Remuneration and social security454/9 | - | - | €3k | €3k | €2k | ▼ 38.8% |
| Other amounts payable47/48 | - | - | - | - | €44k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €24k | €746 | €31k | €233k | ▲ 640% |
| + Depreciation and write-downs630 | €20k | €14k | €14k | €14k | €13k | ▼ 4.9% |
| Operating cash flow (approximation) | €365 | €38k | €15k | €46k | €246k | ▲ 441% |
| Investment in fixed assets (approximation) | - | €1k | €0 | €0 | €-575k | - |
| Change in cash | - | - | €11k | €27k | €11k | ▼ 61.7% |
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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
31-03
Financial
Highest result since 2019net €233k ▲640%
Operating result €328k, net result €233k, both a record.
31-03
Financial
Equity above €200kEq €357k ▲188%
4 profitable years in a row build equity to €357k.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
31-03
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
31-03
Financial
Equity above €100kEq €107k ▲28.4%
Equity rises from €83k to €107k.
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Lievegem · 1 establishment unit since 2016
Ground area
2,036 m²
Building footprint
455 m²
Volume, LiDAR
4,019 m³
Parcel 44080D0104/00H002, Flanders · tallest building 23.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CRT
since 20162.258.769.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D0104/00H002 | Flanders | 2,036 m² | 1 · 455 m² | 23.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 10,500 EUR awarded · 10,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 9,000 EUR |
| 2024 | 1 | 3,000 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,111 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2016
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.