Skip to content

Gevelwerken Croes

Active
Private limited companyfounded 2016active for 9 yearsSteenberg 19A, 3500 Hasselt, BelgiumKBO/BCE: BE 0667.644.367
Summary

Gevelwerken Croes has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €439,835 and a net result of €89,200. Equity has been growing by about 66% per year since 2019. Its solvency ranks better than 46% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 12-12-2016 Normal situation
Activity
Plastering work NACE 43310and 2 others
Establishment unit
2.259.874.920 3500 Hasselt, since 12-12-2016
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
  • Croes GlennDirector · since 10-12-2016
Shareholders
  • Glenn Croesannual accounts 2025

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€359,577
▼ 20.3%
Turnover
≈ €1.1m
estimated
Profit
€89,200
▼ 46.0%
Equity
€439,835
▲ 25.1%
Total assets
€1.1m
▲ 38.9%
Employees on 31-12-2025
4
▲ 33.3%
Score breakdownraises risk1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 01-06-2026)Size: 4 FTE, total assets €1.1mShow the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 65-5
equity 40.4% of total assets
Liquidity 46-23
short-term debt 35.1% · cash 9.0%
Profitability 79-16
return on assets 8.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024highest value 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.3%▲ +0.2 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.2 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.51 (1.55 in 2024), below 1. Short-term debt is 35.1% and cash 9% of total assets. 59.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 43% of them on solvency, 36% on liquidity, 57% on profitability and 72% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 01-06-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: 4 FTE, total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
60 days early
2024
57 days early
2023
51 days early
2022
58 days early
2021
45 days early
2020
39 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €165,056 to €89,200 ▼ 46.0% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €89,200 7 years View

Recent changes

  1. · Gazette deed Registered office · Purpose · Amendment of the articles
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Gevelwerken Croes: plastering work (NACE 43310). They are comparable in size and age: total assets between €730,000 and €1.9m, founded between 2009 and 2018.

CompanyTotal assetsGross margin
Gevelwerken Croes Hasselt€1.1m€0.4m
Latitudo Olen€0.7m€0.4m
BUILDING FACADE Herve€1.0m€0.4m
MURESAN SDC Wingene€1.2m€0.5m
JSF Mol€1.4m€0.7m
STUCA PROJECT Kuurne€1.0m€0.4m
VAN DUYSEN Hamme (Vl.)€1.9m€0.5m
Full comparison

Key facts about Gevelwerken Croes

What is the company number of Gevelwerken Croes?
The company number of Gevelwerken Croes is 0667.644.367. The VAT number is the same number with BE in front: BE 0667.644.367.
Where is Gevelwerken Croes based?
The registered office is at Steenberg 19A, 3500 Hasselt.Company details
What does Gevelwerken Croes do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of Gevelwerken Croes?
The legal form of Gevelwerken Croes is Private limited company (BV).
When was Gevelwerken Croes founded?
Gevelwerken Croes was founded on 12-12-2016.
Is Gevelwerken Croes still active?
Yes, Gevelwerken Croes is an active enterprise in the KBO register.
How many employees does Gevelwerken Croes have?
Gevelwerken Croes had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Gevelwerken Croes?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €359,577 and 40 comparable companies (NACE 433). It probably lies between €790,000 and €1.3m.
Is Gevelwerken Croes profitable?
In financial year 2025, Gevelwerken Croes made a profit of €89,200.
Where can I find the annual accounts of Gevelwerken Croes?
Gevelwerken Croes filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gevelwerken Croes due?
Gevelwerken Croes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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