ERWIN CRICKX
ActiveSummary
ERWIN CRICKX has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,897 and a net result of €621. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 12% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-6
Solvency31=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.97 in 2024; short-term debt: 77.2% and cash: 0.1% of total assets), and 93.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 28254 sector peers (2025).
NBB · sector comparisonPosition among 28254 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €29,897
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
11 d early
2023
42 d early
2022
18 d early
2021
42 d early
2020
19 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 20 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€29,897▲ 2.1%
2024 · €29,276
Total assets
€480,880▼ 4.1%
2024 · €501,344
Net result
€621▼ 85.4%
2024 · €4,246
Working capital
-€44,859▼ 274%
2024 · -€12,010
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,618▼ 62.2%€18,788▲ 95.3%€18,884▲ 0.5%€15,163▼ 19.7%€10,457▼ 31.0%
Net result-€6,741below the sector's middle half€951within the sector's middle half€2,050within the sector's middle half▲ 116%€4,246within the sector's middle half▲ 107%€621within the sector's middle half▼ 85.4%
Equity€22,028within the sector's middle half▼ 23.4%€22,979within the sector's middle half▲ 4.3%€25,029within the sector's middle half▲ 8.9%€29,276within the sector's middle half▲ 17.0%€29,897within the sector's middle half▲ 2.1%
Total assets€779,669above the sector's middle half▼ 8.1%€587,691above the sector's middle half▼ 24.6%€541,049above the sector's middle half▼ 7.9%€501,344above the sector's middle half▼ 7.3%€480,880above the sector's middle half▼ 4.1%
Debt€757,641▼ 7.6%€564,712▼ 25.5%€516,019▼ 8.6%€472,068▼ 8.5%€450,983▼ 4.5%
Working capital-€4,182below the sector's middle half▲ 90.6%-€5,898below the sector's middle half▼ 41.0%-€8,920below the sector's middle half▼ 51.2%-€12,010below the sector's middle half▼ 34.7%-€44,859below the sector's middle half▼ 274%
Solvency2.8%below the sector's middle half▼ 0.6pp3.9%below the sector's middle half▲ 1.1pp4.6%below the sector's middle half▲ 0.7pp5.8%below the sector's middle half▲ 1.2pp6.2%below the sector's middle half▲ 0.4pp
Current ratio0.99below the sector's middle half▲ 0.070.98below the sector's middle half▼ 0.010.98below the sector's middle half▼ 0.010.97below the sector's middle half▼ 0.010.88below the sector's middle half▼ 0.09
Return on assets (ROA)-0.9%below the sector's middle half▼ 0.9pp0.2%below the sector's middle half▲ 1.0pp0.4%within the sector's middle half▲ 0.2pp0.8%within the sector's middle half▲ 0.5pp0.1%below the sector's middle half▼ 0.7pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €480,880
Fixed assets
€154,382 ▼ 3.4%
Current assets
€326,498 ▼ 4.4%
Equity and liabilities €480,880
Equity
€29,897 ▲ 2.1%
Debt
€450,983 ▼ 4.5%
Debt's share of the balance-sheet total falls from 94.2% to 93.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40,022▼
2024 · €44,982
Cash flow
€30,186▼
2024 · €34,066
Quick ratio
0.03▼
2024 · 0.10
Debt to equity
15.08▼
2024 · 16.12
ROE
2.1%▼
2024 · 14.5%
Interest coverage
4.17▼
2024 · 4.78
Debt ≤ 1 year
€371,357▲
2024 · €353,586
Debt > 1 year
€79,626▼
2024 · €118,481
Income taxes
€233▼
2024 · €1,503
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,214 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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 1,214 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €314 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,256 | €34,947 | €34,566 | €29,819 | €29,565 | ▼ 0.9% |
| Other operating charges640/8 | - | €2,807 | €3,451 | €5,379 | €1,016 | ▼ 81.1% |
| Gross operating margin9900 | €99,630 | €56,855 | €56,900 | €50,361 | €41,038 | ▼ 18.5% |
| Operating profit (loss)9901 | €9,618 | €18,788 | €18,884 | €15,163 | €10,457 | ▼ 31.0% |
| Financial income75/76B | - | €109 | €0 | - | - | - |
| Recurring financial income75 | €4 | €109 | €0 | - | - | - |
| Financial charges65/66B | - | €17,945 | €16,833 | €9,413 | €9,603 | ▲ 2.0% |
| Recurring financial charges65 | €16,363 | €17,945 | €16,833 | €9,413 | €9,603 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | -€6,741 | €951 | €2,050 | €5,749 | €853 | ▼ 85.2% |
| Income taxes67/77 | - | - | - | €1,503 | €233 | ▼ 84.5% |
| Profit (loss) for the period9904 | -€6,741 | €951 | €2,050 | €4,246 | €621 | ▼ 85.4% |
| Profit (loss) for the period to be appropriated9905 | -€6,741 | €951 | €2,050 | €4,246 | €621 | ▼ 85.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €779,669 | €587,691 | €541,049 | €501,344 | €480,880 | ▼ 4.1% |
| Fixed assets21/28 | €259,100 | €224,152 | €189,587 | €159,768 | €154,382 | ▼ 3.4% |
| Tangible fixed assets22/27 | €259,100 | €224,152 | €189,587 | €159,768 | €154,382 | ▼ 3.4% |
| Land and buildings22 | - | €122,556 | €104,870 | €87,185 | €93,376 | ▲ 7.1% |
| Plant, machinery and equipment23 | - | €4,813 | €4,348 | €3,883 | €3,418 | ▼ 12.0% |
| Furniture and vehicles24 | - | €9,816 | €6,647 | €3,593 | €1,095 | ▼ 69.5% |
| Other tangible fixed assets26 | - | €86,967 | €73,722 | €65,107 | €56,493 | ▼ 13.2% |
| Current assets29/58 | €520,569 | €363,538 | €351,462 | €341,576 | €326,498 | ▼ 4.4% |
| Stocks and contracts in progress3 | €359,758 | €343,780 | €301,085 | €305,016 | €316,231 | ▲ 3.7% |
| Stocks30/36 | - | €343,780 | €301,085 | €305,016 | €316,231 | ▲ 3.7% |
| Amounts receivable within one year40/41 | €152,056 | €17,724 | €38,697 | €25,795 | €5,272 | ▼ 79.6% |
| Trade receivables40 | - | €16,822 | €37,799 | €25,795 | €5,272 | ▼ 79.6% |
| Other amounts receivable41 | - | €903 | €898 | €0 | - | - |
| Cash at bank and in hand54/58 | €3,545 | €0 | €9,429 | €7,939 | €281 | ▼ 96.5% |
| Deferred charges and accrued income490/1 | - | €2,033 | €2,250 | €2,826 | €4,714 | ▲ 66.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €779,669 | €587,691 | €541,049 | €501,344 | €480,880 | ▼ 4.1% |
| Equity10/15 | €22,028 | €22,979 | €25,029 | €29,276 | €29,897 | ▲ 2.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,428 | €4,379 | €6,429 | €10,676 | €11,297 | ▲ 5.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €2,519 | €4,569 | €8,816 | €9,437 | ▲ 7.0% |
| Amounts payable17/49 | €757,641 | €564,712 | €516,019 | €472,068 | €450,983 | ▼ 4.5% |
| Amounts payable after more than one year17 | €232,890 | €195,276 | €155,638 | €118,481 | €79,626 | ▼ 32.8% |
| Financial debts170/4 | - | €195,276 | €155,638 | €118,481 | €79,626 | ▼ 32.8% |
| Amounts payable within one year42/48 | €524,751 | €369,436 | €360,381 | €353,586 | €371,357 | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €37,614 | €83,392 | €32,083 | €38,855 | ▲ 21.1% |
| Financial debts43 | - | €46,178 | €0 | €34,370 | €42,200 | ▲ 22.8% |
| Credit institutions430/8 | - | €46,178 | €0 | €34,370 | €42,200 | ▲ 22.8% |
| Trade debts44 | €19,820 | €2,609 | €0 | €2,225 | €972 | ▼ 56.3% |
| Suppliers440/4 | - | €2,609 | €0 | €2,225 | €972 | ▼ 56.3% |
| Taxes, remuneration and social security45 | - | €0 | - | €4,897 | €585 | ▼ 88.0% |
| Taxes450/3 | - | €0 | - | €4,897 | €585 | ▼ 88.0% |
| Other amounts payable47/48 | - | €283,034 | €276,990 | €280,011 | €288,744 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,741 | €951 | €2,050 | €4,246 | €621 | ▼ 85.4% |
| + Depreciation and write-downs630 | €35,256 | €34,947 | €34,566 | €29,819 | €29,565 | ▼ 0.9% |
| Operating cash flow (approximation) | €28,515 | €35,898 | €36,616 | €34,066 | €30,186 | ▼ 11.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€24,179 | - |
| Change in cash | - | -€3,545 | €9,429 | -€1,490 | -€7,659 | ▼ 414% |
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
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €4,246 ▲107%
Net result €4,246, the highest in the series.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €951
Net result €951 after one loss-making year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €436
Net result €436 after one loss-making year.
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bornem · 1 establishment unit since 1992
Ground area
594 m²
Building footprint
850 m²
Volume, LiDAR
3,373 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frans Van Haelenstraat(HIN) 16, 2880 Bornem
since 19922.057.596.068
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015A0667/00D002 | Flanders | 374 m² | 1 · 769 m² | 7.7 m · 1 fl. |
| 12015A0549/00K000 | Flanders | 219 m² | 1 · 80 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,039 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
Founded23-04-1992
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447293031
Also
9925:BE0447293031
Registered
01-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.