KOELTECHNIEK CRIEL
ActiveThe computed 12-month bankruptcy probability of KOELTECHNIEK CRIEL is 1.9% (moderate). The 2025 annual accounts show equity of €797k and a net result of €165k. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 126 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-5
Solvency91▼-7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 4.34 in 2024; short-term debt: 28.1% and cash: 2.1% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
13.7%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
35 d early
2023
77 d early
2022
29 d late
2021
95 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€797k▲ 11.6%
2024 · €714k
2021: €137k
2022: €218k
2023: €543k
2024: €714k
2021 → 2025
Total assets
€1.20M▲ 23.5%
2024 · €975k
2021: €267k
2022: €466k
2023: €780k
2024: €975k
2021 → 2025
Net result
€165k▼ 3.2%
2024 · €171k
2021: €138k
2022: €84k
2023: €325k
2024: €171k
2021 → 2025
Working capital
€762k▲ 14.2%
2024 · €667k
2021: €114k
2022: €187k
2023: €502k
2024: €667k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€218k▲ 59.0%€543k▲ 149%€714k▲ 31.4%€797k▲ 11.6%
Operating result€182k-€109k▼ 39.8%€431k▲ 294%€225k▼ 47.9%€230k▲ 2.3%
Net result€138k-€84k▼ 39.2%€325k▲ 287%€171k▼ 47.4%€165k▼ 3.2%
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 recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€103k▼ 4.3%
Current assets
€1.10M▲ 26.9%
Equity and liabilities €1.20M
Equity
€797k▲ 11.6%
Debt
€406k▲ 56.0%
The debt ratio rises from 26.7% to 33.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€273k▲
2024 · €252k
Cash flow
€208k▲
2024 · €199k
Solvency
66.2%▼
2024 · 73.3%
Current ratio
3.25▼
2024 · 4.34
Quick ratio
3.19▼
2024 · 4.23
Debt / equity
0.51▲
2024 · 0.36
ROE
20.7%▼
2024 · 23.9%
ROA
13.7%▼
2024 · 17.5%
Interest coverage
54.44▼
2024 · 71.75
Debt
€406k▲
2024 · €260k
Debt ≤ 1 year
€338k▲
2024 · €200k
Debt > 1 year
€68k▲
2024 · €61k
Income taxes
€60k▲
2024 · €56k
Staff costs
€100k▼
2024 · €147k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€975k€1.20M▲
Fixed assets21/28€108k€103k▼
Intangible fixed assets21€3k€980▼
Tangible fixed assets22/27€105k€102k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€88k€92k▲
Current assets29/58€867k€1.10M▲
Stocks and contracts in progress3€22k€22k=
Stocks30/36€22k€22k=
Amounts receivable within one year40/41€279k€804k▲
Trade receivables40€85k€532k▲
Other amounts receivable41€194k€272k▲
Current investments50/53€118k€242k▲
Cash at bank and in hand54/58€438k€25k▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€975k€1.20M▲
Equity10/15€714k€797k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€712k€795k▲
Amounts payable17/49€260k€406k▲
Amounts payable after more than one year17€61k€68k▲
Financial debts170/4€61k€68k▲
Amounts payable within one year42/48€200k€338k▲
Current portion of amounts payable after more than one year42€35k€41k▲
Trade debts44€107k€137k▲
Suppliers440/4€107k€137k▲
Advances received on contracts in progress46-€58k
Taxes, remuneration and social security45€58k€20k▼
Taxes450/3€44k€10k▼
Remuneration and social security454/9€14k€10k▼
Other amounts payable47/48€0€82k▲
Income statement
Code20242025
Remuneration, social security and pensions62€147k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€43k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-4k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€408k€371k▼
Operating profit (loss)9901€225k€230k▲
Financial income75/76B€6k€431▼
Recurring financial income75€6k€431▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€227k€225k▼
Income taxes67/77€56k€60k▲
Profit (loss) for the period9904€171k€165k▼
Profit (loss) for the period to be appropriated9905€171k€165k▼
Appropriation of the result
Profit (loss) to be appropriated9906€712k€878k▲
Profit (loss) brought forward from the previous period14P€541k€712k▲
Profit to be distributed694/7-€82k
Return on contributions (dividend)694-€82k
Social balance
Average headcount (FTE)90872.41.4▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €325k ▲287%
Operating result €431k, net result €325k, both a record.
31-12
Financial
Equity above €500kEq €543k ▲149%
3 profitable years in a row build equity to €543k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €84k ▼39.2%
Net result drops to €84k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €218k ▲59%
2 profitable years in a row build equity to €218k.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kaprijke · 1 establishment unit since 2020
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.
Oosthoek 79971 KaprijkeGround area
2,643 m²
Building footprint
184 m²
Volume, LiDAR
1,148 m³
Parcel 43009C0265/00B000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KOELTECHNIEK CRIEL
since 20202.312.320.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009C0265/00B000 | Flanders | 2,643 m² | 1 · 184 m² | 10.1 m · 2 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 116 companies in sector 27510 we hold annual accounts for 87. 52 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL
27510Manufacture of electrical equipment
33200Installation of industrial machinery and equipment
33120Repair and maintenance of machinery
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.