CRUTZEN.
ActiveSummary
CRUTZEN. has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,776 and a net result of -€25,565. Equity is shrinking by ~6.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 14 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 (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,394 | €20,538 | €19,914 | €19,851 | €19,668 | ▼ 0.9% |
| Other operating charges640/8 | - | €2,210 | €2,923 | €3,780 | €3,516 | ▼ 7.0% |
| Gross operating margin9900 | -€27,167 | €9,082 | -€1,608 | -€7,714 | -€4,658 | ▲ 39.6% |
| Operating profit (loss)9901 | -€47,677 | -€13,667 | -€24,445 | -€31,345 | -€27,842 | ▲ 11.2% |
| Financial income75/76B | - | - | €0 | €33 | €1 | ▼ 97.6% |
| Recurring financial income75 | €0 | - | €0 | €33 | €1 | ▼ 97.6% |
| Financial charges65/66B | - | €439 | €157 | €208 | €161 | ▼ 22.7% |
| Recurring financial charges65 | €198 | €439 | €157 | €208 | €161 | ▼ 22.7% |
| Profit (loss) for the period before taxes9903 | -€47,875 | -€14,106 | -€24,602 | -€31,520 | -€28,002 | ▲ 11.2% |
| Transfer from deferred taxes780 | - | €3,314 | €2,438 | €2,438 | €2,438 | = |
| Income taxes67/77 | €183 | €234 | €141 | €2 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€44,744 | -€11,026 | -€22,305 | -€29,085 | -€25,565 | ▲ 12.1% |
| Transfer from tax-exempt reserves789 | - | €6,436 | €7,313 | €7,313 | €7,313 | = |
| Profit (loss) for the period to be appropriated9905 | -€38,308 | -€4,590 | -€14,992 | -€21,772 | -€18,252 | ▲ 16.2% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €535,311 | €508,910 | €480,815 | €463,421 | €438,857 | ▼ 5.3% |
| Fixed assets21/28 | €514,764 | €494,347 | €476,506 | €456,656 | €436,988 | ▼ 4.3% |
| Tangible fixed assets22/27 | €514,504 | €494,347 | €476,506 | €456,656 | €436,988 | ▼ 4.3% |
| Land and buildings22 | - | €493,817 | €476,324 | €456,656 | €436,988 | ▼ 4.3% |
| Plant, machinery and equipment23 | - | €530 | €183 | - | - | - |
| Financial fixed assets28 | €260 | - | - | - | - | - |
| Current assets29/58 | €20,546 | €14,563 | €4,308 | €6,765 | €1,869 | ▼ 72.4% |
| Amounts receivable within one year40/41 | €2,187 | €451 | €2,148 | €1,742 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €451 | €2,148 | €1,742 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €18,360 | €14,007 | €2,160 | €5,023 | €1,869 | ▼ 62.8% |
| Deferred charges and accrued income490/1 | - | €105 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €535,311 | €508,910 | €480,815 | €463,421 | €438,857 | ▼ 5.3% |
| Equity10/15 | €363,791 | €355,731 | €333,426 | €304,341 | €278,776 | ▼ 8.4% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | €62,500 | €62,500 | - | - | - |
| Issued capital100 | - | €62,500 | €62,500 | - | - | - |
| Outside capital11 | - | - | - | €62,500 | - | - |
| Other1109/19 | - | - | - | €62,500 | - | - |
| Reserves13 | €301,291 | €293,231 | €270,926 | €241,841 | €216,276 | ▼ 10.6% |
| Non-distributable reserves130/1 | - | €6,250 | €6,250 | - | - | - |
| Legal reserve130 | - | €6,250 | €6,250 | - | - | - |
| Tax-exempt reserves132 | - | €208,116 | €200,803 | €193,491 | €186,178 | ▼ 3.8% |
| Distributable reserves133 | - | €78,865 | €63,872 | €48,350 | €30,098 | ▼ 37.8% |
| Provisions and deferred taxes16 | €100,525 | €69,062 | €66,625 | €64,187 | €61,750 | ▼ 3.8% |
| Deferred taxes168 | - | €69,062 | €66,625 | €64,187 | €61,750 | ▼ 3.8% |
| Amounts payable17/49 | €70,994 | €84,117 | €80,764 | €94,892 | €98,331 | ▲ 3.6% |
| Amounts payable after more than one year17 | €260 | - | - | - | - | - |
| Amounts payable within one year42/48 | €70,734 | €84,117 | €80,764 | €94,892 | €98,331 | ▲ 3.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €390 | - |
| Financial debts43 | - | €80,000 | €80,000 | €87,000 | €87,000 | = |
| Credit institutions430/8 | - | €80,000 | €80,000 | €87,000 | - | - |
| Other loans439 | - | - | - | - | €87,000 | - |
| Trade debts44 | €5,231 | €407 | €473 | €197 | €2,947 | ▲ 1,398% |
| Suppliers440/4 | - | €407 | €473 | €197 | €2,947 | ▲ 1,398% |
| Taxes, remuneration and social security45 | - | €1,358 | €290 | - | - | - |
| Taxes450/3 | - | €1,358 | €290 | - | - | - |
| Other amounts payable47/48 | - | €2,352 | - | €7,696 | €7,994 | ▲ 3.9% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,744 | -€11,026 | -€22,305 | -€29,085 | -€25,565 | ▲ 12.1% |
| + Depreciation and write-downs630 | €18,394 | €20,538 | €19,914 | €19,851 | €19,668 | ▼ 0.9% |
| Operating cash flow (approximation) | -€26,349 | €9,512 | -€2,391 | -€9,234 | -€5,897 | ▲ 36.1% |
| Investment in fixed assets (approximation) | - | - | -€2,073 | €0 | €0 | - |
| Change in cash | - | - | -€11,846 | €2,863 | -€3,154 | ▼ 210% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0520/00D002 | Flanders | 260 m² | 1 · 236 m² | 25.2 m · 7 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteIdentification & contact
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Register as of 30 September 2026 · Peppol Directory
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