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CRW CONSTRUCT

Active
Private limited companyfounded 20232 yrs activeKBO/BCE: BE 1001.819.463
Summary

The computed 12-month bankruptcy probability of CRW CONSTRUCT is 22.7% (high). The 2024 annual accounts show negative equity (-€6,276) and a net result of -€6,276. Its solvency ranks better than 9% of 9974 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).

Checked score

Score 2024
Axes
Profitability0
Solvency10
Growth-
Track record43
Bankruptcy probability, 12 months
22.7% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84; short-term debt: 114.7% and cash: 13.6% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · 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
-14.7%
Return on assets
-14.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 1 filing
Deviation from the deadline
2024
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 59 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2Address strikeout annulled

History

CRW CONSTRUCT was incorporated on 31 October 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€6,276
Total assets
€42,816
Net result
-€6,276
Working capital
-€8,094

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

Balance-sheet composition
Assets €42,816
Fixed assets €1,818
Current assets €40,998
Key figures and ratios
2024 value
EBITDA
-€5,172
Cash flow
-€5,294
Solvency
-14.7%
Current ratio
0.84
Debt to equity
-7.82
ROA
-14.7%
Interest coverage
-42.34
Debt
€49,092
Debt ≤ 1 year
€49,092

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 22.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€42,816
Fixed assets21/28€1,818
Tangible fixed assets22/27€1,818
Furniture and vehicles24€1,818
Current assets29/58€40,998
Amounts receivable within one year40/41€35,186
Trade receivables40€23,513
Other amounts receivable41€11,673
Cash at bank and in hand54/58€5,812
Equity and liabilities
Total equity and liabilities10/49€42,816
Equity10/15-€6,276
Profit (loss) carried forward14-€6,276
Amounts payable17/49€49,092
Amounts payable within one year42/48€49,092
Trade debts44€44,981
Suppliers440/4€44,981
Other amounts payable47/48€4,112
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€982
Other operating charges640/8€351
Gross operating margin9900-€4,822
Operating profit (loss)9901-€6,154
Financial charges65/66B€122
Recurring financial charges65€122
Profit (loss) for the period before taxes9903-€6,276
Profit (loss) for the period9904-€6,276
Profit (loss) for the period to be appropriated9905-€6,276
Appropriation of the result
Profit (loss) to be appropriated9906-€6,276

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€982
Other operating charges640/8€351
Gross operating margin9900-€4,822
Operating profit (loss)9901-€6,154
Financial charges65/66B€122
Recurring financial charges65€122
Profit (loss) for the period before taxes9903-€6,276
Profit (loss) for the period9904-€6,276
Profit (loss) for the period to be appropriated9905-€6,276
Line2024
Assets
Total assets20/58€42,816
Fixed assets21/28€1,818
Tangible fixed assets22/27€1,818
Furniture and vehicles24€1,818
Current assets29/58€40,998
Amounts receivable within one year40/41€35,186
Trade receivables40€23,513
Other amounts receivable41€11,673
Cash at bank and in hand54/58€5,812
Equity and liabilities
Total equity and liabilities10/49€42,816
Equity10/15-€6,276
Profit (loss) carried forward14-€6,276
Amounts payable17/49€49,092
Amounts payable within one year42/48€49,092
Trade debts44€44,981
Suppliers440/4€44,981
Other amounts payable47/48€4,112
Line2024
Profit (loss) for the period9904-€6,276
+ Depreciation and write-downs630€982
Operating cash flow (approximation)-€5,294

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

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Timeline · acts, filings and financial milestones

2026
06-07
KBO administration Address struck
event 21-06-2026
2025
10-10
KBO administration Address strikeout annulled
28-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
12-05
KBO administration Address struck
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Wemmel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,531 m²
Building footprint
588 m²
Volume, LiDAR
6,743 m³
Parcel 22662B0408/00S005, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
142 companies at this address See who is registered here
1 establishment unit
CRW CONSTRUCT
General construction of buildings
since 20242.355.625.895
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0408/00S005 Flanders 1,531 m² 1 · 587 m² 13.9 m · 4 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.

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded31-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43110Demolition
43221Plumbing work
43310Plastering work
43320Joinery installation
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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