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CRUSO

Bankruptcy closed
Private limited companyfounded 2018Chemin du Grand Bois 11, 1380 Lasne, BelgiumKBO/BCE: BE 0707.537.893

Inactive since 16-04-2026; last annual accounts for fiscal year 2022.

Summary

CRUSO was declared bankrupt on 17-06-2024 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 09-04-2026, published in the Belgian State Gazette on 16-04-2026.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 16-04-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-07-2023, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
4 d early
2021
on the day
2020
2 d late
2019
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 23 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

CRUSO was incorporated on 28 September 2018.1 Total assets rose from EUR 438,427 in 2019 to EUR 501,709 in 2022 and headcount from 0.8 to 5.6 full-time equivalents.2 On 17 June 2024 the company was declared bankrupt; the bankruptcy was closed on 9 April 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 21-06-2024
  4. 4Belgian State Gazette, 16-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€68,741
2021 · €124,609
Total assets
€501,709▼ 21.2%
2021 · €636,431
Net result
-€504,311▼ 15.4%
2021 · -€437,114
Working capital
€145,750▼ 56.7%
2021 · €336,628
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result-€112,242--€121,707▼ 8.4%-€431,437▼ 254%-€485,782▼ 12.6%
Net result-€114,335--€126,141▼ 10.3%-€437,114▼ 247%-€504,311▼ 15.4%
Equity€230,165-€340,223▲ 47.8%€124,609▼ 63.4%-€68,741
Total assets€438,427-€639,954▲ 46.0%€636,431▼ 0.6%€501,709▼ 21.2%
Debt€208,262-€299,731▲ 43.9%€511,821▲ 70.8%€570,451▲ 11.5%
Working capital€303,228-€347,719▲ 14.7%€336,628▼ 3.2%€145,750▼ 56.7%
Staff (FTE)0.8-3.1▲ 288%4.3▲ 38.7%5.6▲ 30.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2019: -€112,242-€112,242Net result 2019: -€114,335-€114,335Operating result 2020: -€121,707-€121,707Net result 2020: -€126,141-€126,141Operating result 2021: -€431,437-€431,437Net result 2021: -€437,114-€437,114Operating result 2022: -€485,782-€485,782Net result 2022: -€504,311-€504,3112019202020212022-€600,000-€400,000-€200,000€0Operating result 2020: -€121,707-€122,000Net result 2020: -€126,141-€126,000Operating result 2021: -€431,437-€431,000Net result 2021: -€437,114-€437,000Operating result 2022: -€485,782-€486,000Net result 2022: -€504,311-€504,000202020212022
The operating result stays negative: a loss of €485,782 in 2022 against €431,437 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €493,395
Fixed assets €94,926 ▼ 15.0%
Current assets €398,469 ▼ 22.7%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€438,770▼
2021 · -€398,042
Cash flow
-€457,299▼
2021 · -€403,719
Solvency
-13.7%▼
2021 · 19.6%
Current ratio
1.58▼
2021 · 2.88
Quick ratio
1.00▼
2021 · 2.12
Debt to equity
-8.30▼
2021 · 4.11
ROA
-100.5%▼
2021 · -68.7%
Interest coverage
-23.57▲
2021 · -59.35
Debt ≤ 1 year
€252,719▲
2021 · €178,982
Debt > 1 year
€311,453▼
2021 · €330,723
Staff costs
€190,614▼
2021 · €213,849
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 51 lines
Balance sheet Code20212022
Assets
Total assets20/58€636,431€501,709▼
Formation expenses20€9,175€8,314▼
Fixed assets21/28€111,646€94,926▼
Intangible fixed assets21€79,896€67,350▼
Tangible fixed assets22/27€19,318€16,294▼
Plant, machinery and equipment23€1,921€1,557▼
Furniture and vehicles24€11,490€8,833▼
Other tangible fixed assets26€5,907€5,904▼
Financial fixed assets28€12,432€11,282▼
Current assets29/58€515,610€398,469▼
Stocks and contracts in progress3€135,757€144,500▲
Stocks30/36€135,757€144,500▲
Amounts receivable within one year40/41€222,757€93,167▼
Trade receivables40€178,460€91,697▼
Other amounts receivable41€44,296€1,470▼
Cash at bank and in hand54/58€138,806€157,649▲
Deferred charges and accrued income490/1€18,290€3,154▼
Equity and liabilities
Total equity and liabilities10/49€636,431€501,709▼
Equity10/15€124,609-€68,741▼
Contributions10/11€802,200€1.1m▲
Profit (loss) carried forward14-€677,590-€1.2m▼
Amounts payable17/49€511,821€570,451▲
Amounts payable after more than one year17€330,723€311,453▼
Financial debts170/4€330,723€311,453▼
Amounts payable within one year42/48€178,982€252,719▲
Current portion of amounts payable after more than one year42€62,592€83,679▲
Financial debts43€64€0▼
Credit institutions430/8€64€0▼
Trade debts44€27,316€106,300▲
Suppliers440/4€27,316€106,300▲
Taxes, remuneration and social security45€81,642€23,764▼
Taxes450/3€7,987€5,261▼
Remuneration and social security454/9€73,655€18,503▼
Other amounts payable47/48€7,368€38,976▲
Accrued charges and deferred income492/3€2,116€6,279▲
Income statement Code20212022
Remuneration, social security and pensions62€213,849€190,614▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,395€47,012▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,733€10,917▲
Other operating charges640/8€1,799€1,447▼
Non-recurring operating charges66A€2,350€703▼
Gross operating margin9900-€176,310-€235,090▼
Operating profit (loss)9901-€431,437-€485,782▼
Financial income75/76B€1,030€89▼
Recurring financial income75€1,030€89▼
Financial charges65/66B€6,706€18,618▲
Recurring financial charges65€6,706€18,618▲
Profit (loss) for the period before taxes9903-€437,114-€504,311▼
Profit (loss) for the period9904-€437,114-€504,311▼
Profit (loss) for the period to be appropriated9905-€437,114-€504,311▼
Appropriation of the result
Profit (loss) to be appropriated9906-€677,590-€1.2m▼
Profit (loss) brought forward from the previous period14P-€240,476-€677,590▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62--€213,849€190,614▼ 10.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,991€17,868€33,395€47,012▲ 40.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€3,733€10,917▲ 192%
Other operating charges640/8--€1,799€1,447▼ 19.6%
Non-recurring operating charges66A--€2,350€703▼ 70.1%
Gross operating margin9900-€81,118-€10,471-€176,310-€235,090▼ 33.3%
Operating profit (loss)9901-€112,242-€121,707-€431,437-€485,782▼ 12.6%
Financial income75/76B--€1,030€89▼ 91.3%
Recurring financial income75€3€66€1,030€89▼ 91.3%
Financial charges65/66B--€6,706€18,618▲ 178%
Recurring financial charges65€2,096€4,500€6,706€18,618▲ 178%
Profit (loss) for the period before taxes9903-€114,335-€126,141-€437,114-€504,311▼ 15.4%
Profit (loss) for the period9904-€114,335-€126,141-€437,114-€504,311▼ 15.4%
Profit (loss) for the period to be appropriated9905-€114,335-€126,141-€437,114-€504,311▼ 15.4%
Line2019202020212022Change
Assets
Total assets20/58€438,427€639,954€636,431€501,709▼ 21.2%
Formation expenses20€2,952€9,635€9,175€8,314▼ 9.4%
Fixed assets21/28€36,696€73,327€111,646€94,926▼ 15.0%
Intangible fixed assets21€35,571€68,828€79,896€67,350▼ 15.7%
Tangible fixed assets22/27€315€3,189€19,318€16,294▼ 15.7%
Plant, machinery and equipment23--€1,921€1,557▼ 18.9%
Furniture and vehicles24--€11,490€8,833▼ 23.1%
Other tangible fixed assets26--€5,907€5,904▼ 0.1%
Financial fixed assets28€810€1,310€12,432€11,282▼ 9.3%
Current assets29/58€398,779€556,991€515,610€398,469▼ 22.7%
Stocks and contracts in progress3€43,771€109,153€135,757€144,500▲ 6.4%
Stocks30/36--€135,757€144,500▲ 6.4%
Amounts receivable within one year40/41€39,003€168,186€222,757€93,167▼ 58.2%
Trade receivables40--€178,460€91,697▼ 48.6%
Other amounts receivable41--€44,296€1,470▼ 96.7%
Cash at bank and in hand54/58€316,005€244,091€138,806€157,649▲ 13.6%
Deferred charges and accrued income490/1--€18,290€3,154▼ 82.8%
Equity and liabilities
Total equity and liabilities10/49€438,427€639,954€636,431€501,709▼ 21.2%
Equity10/15€230,165€340,223€124,609-€68,741▼ 155%
Contributions10/11--€802,200€1.1m▲ 38.8%
Profit (loss) carried forward14-€114,335-€240,476-€677,590-€1.2m▼ 74.4%
Amounts payable17/49€208,262€299,731€511,821€570,451▲ 11.5%
Amounts payable after more than one year17€110,610€88,316€330,723€311,453▼ 5.8%
Financial debts170/4--€330,723€311,453▼ 5.8%
Amounts payable within one year42/48€95,551€209,273€178,982€252,719▲ 41.2%
Current portion of amounts payable after more than one year42--€62,592€83,679▲ 33.7%
Financial debts43--€64€0▼ 100%
Credit institutions430/8--€64€0▼ 100%
Trade debts44€27,807€75,111€27,316€106,300▲ 289%
Suppliers440/4--€27,316€106,300▲ 289%
Taxes, remuneration and social security45--€81,642€23,764▼ 70.9%
Taxes450/3--€7,987€5,261▼ 34.1%
Remuneration and social security454/9--€73,655€18,503▼ 74.9%
Other amounts payable47/48--€7,368€38,976▲ 429%
Accrued charges and deferred income492/3--€2,116€6,279▲ 197%
Line2019202020212022Change
Profit (loss) for the period9904-€114,335-€126,141-€437,114-€504,311▼ 15.4%
+ Depreciation and write-downs630€5,991€17,868€33,395€47,012▲ 40.8%
Operating cash flow (approximation)-€108,345-€108,273-€403,719-€457,299▼ 13.3%
Investment in fixed assets (approximation)--€54,500-€71,713-€30,292▲ 57.8%
Change in cash--€71,914-€105,285€18,843▲ 118%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
16-04
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · event 09-04-2026
2024
21-06
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 17-06-2024
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€504,311
Net result drops to -€504,311, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Lasne
exact location from the address register On OpenStreetMap
Ground area
1,729 m²
Building footprint
138 m²
Volume, LiDAR
710 m³
Parcel 25076A0570/00A000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25076A0570/00A000 Wallonia 1,729 m² 1 · 138 m² 7.0 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ANTOINE BRAUN
VIEUX CHEMIN DU POETE 11, 1301 BIERGES
17-06-2024 → 09-04-2026

Structure & network

Owners and holdings

1 owner

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded28-09-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.