CRV Electronics
ActiveCRV Electronics has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161k and a net result of €27k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+79
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.57 against 1.66 in 2023; short-term debt: 10.5% and cash: 1.8% of total assets), and 10.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
24 d late
2022
32 d late
2021
18 d late
2020
37 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€161k▲ 20.2%
2023 · €134k
2018: €127k
2019: €138k
2020: €152k
2021: €145k
2022: €147k
2023: €134k
2018 → 2024
Total assets
€180k▲ 13.0%
2023 · €159k
2018: €232k
2019: €219k
2020: €197k
2021: €186k
2022: €182k
2023: €159k
2018 → 2024
Net result
€27k
2023 · €-13k
2018: €30k
2019: €11k
2020: €14k
2021: €-3k
2022: €2k
2023: €-13k
2018 → 2024
Working capital
€68k▲ 319%
2023 · €16k
2018: €51k
2019: €46k
2020: €46k
2021: €23k
2022: €26k
2023: €16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€152k-€145k▼ 4.5%€147k▲ 1.2%€134k▼ 8.7%€161k▲ 20.2%
Operating result€23k-€-2k€4k€-12k€41k
Net result€14k-€-3k€2k€-13k€27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €41k after a loss of €12k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets
€93k▼ 21.2%
Current assets
€86k▲ 113%
Equity and liabilities €180k
Equity
€161k▲ 20.2%
Debt
€19k▼ 24.9%
The debt ratio falls from 15.8% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €-4k
Cash flow
€35k▲
2023 · €-4k
Solvency
89.5%▲
2023 · 84.2%
Current ratio
4.57▲
2023 · 1.66
Quick ratio
4.50▲
2023 · 1.58
Debt / equity
0.12▼
2023 · 0.19
ROE
16.8%▲
2023 · -9.6%
ROA
15.0%▲
2023 · -8.0%
Interest coverage
90.26▲
2023 · -11.66
Debt
€19k▼
2023 · €25k
Debt ≤ 1 year
€19k▼
2023 · €25k
Debt > 1 year
€0▼
2023 · €649
Income taxes
€14k▲
2023 · €332
Staff costs
€6k▼
2023 · €12k
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€159k€180k▲
Fixed assets21/28€118k€93k▼
Tangible fixed assets22/27€23k€15k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€95k€79k▼
Current assets29/58€41k€86k▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€19k€17k▼
Trade receivables40€19k€0▼
Other amounts receivable41€379€17k▲
Current investments50/53€12k€65k▲
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1€1k€104▼
Equity and liabilities
Total equity and liabilities10/49€159k€180k▲
Equity10/15€134k€161k▲
Contributions10/11€19k€19k=
Reserves13€48k€75k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€46k€75k▲
Profit (loss) carried forward14€67k€67k=
Amounts payable17/49€25k€19k▼
Amounts payable after more than one year17€649€0▼
Financial debts170/4€649€0▼
Amounts payable within one year42/48€25k€19k▼
Current portion of amounts payable after more than one year42€4k€649▼
Trade debts44€4k€692▼
Suppliers440/4€4k€692▼
Taxes, remuneration and social security45€11k€17k▲
Taxes450/3€8k€17k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€5k€521▼
Income statement
Code20232024
Remuneration, social security and pensions62€12k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€0▼
Other operating charges640/8€576€2k▲
Gross operating margin9900€19k€57k▲
Operating profit (loss)9901€-12k€41k▲
Financial income75/76B€0€431▲
Recurring financial income75€0€431▲
Financial charges65/66B€315€544▲
Recurring financial charges65€315€544▲
Profit (loss) for the period before taxes9903€-12k€41k▲
Income taxes67/77€332€14k▲
Profit (loss) for the period9904€-13k€27k▲
Profit (loss) for the period to be appropriated9905€-13k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€94k▲
Profit (loss) brought forward from the previous period14P€80k€67k▼
Transfer to equity691/2-€27k
To other reserves6921-€27k
Social balance
Average headcount (FTE)90870.3-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.57
Current ratio from 1.66 to 4.57; short-term debt falls from €25k to €19k.
31-12
Financial
Equity above €150kEq €161k ▲20.2%
Equity rises from €134k to €161k.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
31-12
Financial
Weakest financial yearnet €-13k ▼857%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 37 days late
2020
31-12
Financial
Equity above €150kEq €152k ▲10.4%
3 profitable years in a row build equity to €152k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kruisem · 1 establishment unit since 2006
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.
Churchillstraat (Winston)(KRU) 509770 KruisemGround area
743 m²
Building footprint
157 m²
Volume, LiDAR
1,117 m³
Parcel 45017B0637/00R006, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CRV Electronics
since 20062.154.877.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0637/00R006 | Flanders | 743 m² | 1 · 157 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,247 companies in sector 46643 we hold annual accounts for 954. 655 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2006
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32 494 300 311