CRAZY INVEST

Active

Public limited companyfounded 200521 yrs activeAtomiumsquare 1, 1020 Brussel, BelgiumKBO/BCE: BE 0875.188.438

CRAZY INVEST has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.00M and a net result of €8.73M. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 44% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

81 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+59

Solvency63▼-37

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €480k at 30 days acceptable

Liquidity short (current ratio 0.99 against 6.61 in 2024; short-term debt: 61.5% and cash: 60% of total assets), and 61.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

38.5%

Return on assets

56%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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 · 10 filings

Deviation from the deadline

2025

33 d late

2024

7 d late

2023

118 d late

2022

59 d late

2021

34 d early

2020

25 d early

2019

17 d early

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€8.73M▲ 10,807%

2024 · €80k

2018: €34k 2020: €37k 2021: €41k 2022: €39k 2023: €45k 2024: €80k

2018 → 2025

Working capital

€-141k

2024 · €355k

2018: €78k 2020: €89k 2021: €151k 2022: €209k 2023: €274k 2024: €355k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€6.33M-€6.37M▲ 0.6%€6.41M▲ 0.7%€6.49M▲ 1.2%€6.00M▼ 7.6%

Operating result€57k-€56k▼ 1.8%€60k▲ 8.6%€111k▲ 84.6%€-240k

Net result€41k-€39k▼ 6.2%€45k▲ 16.2%€80k▲ 77.9%€8.73M▲ 10,807%

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €240k after €111k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €15.59M

39.4%

60.6%

Fixed assets €6.14M=

Current assets €9.46M▲ 2,164%

Equity and liabilities €15.59M

38.5%

61.5%

Equity €6.00M▼ 7.6%

Debt €9.60M▲ 15,072%

The debt ratio rises from 1.0% to 61.5%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Solvency

38.5%▼

2024 · 99.0%

Current ratio

0.99▼

2024 · 6.61

Quick ratio

0.99▼

2024 · 6.61

Debt / equity

1.60▲

2024 · 0.01

ROE

145.6%▲

2024 · 1.2%

ROA

56.0%▲

2024 · 1.2%

Debt

€9.60M▲

2024 · €63k

Debt ≤ 1 year

€9.60M▲

2024 · €63k

Income taxes

€289▼

2024 · €31k

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€6.55M€15.59M▲

Fixed assets21/28€6.14M€6.14M=

Financial fixed assets28€6.14M€6.14M=

Affiliated companies280/1€6.14M€6.14M=

Participating interests280€6.14M€6.14M=

Current assets29/58€418k€9.46M▲

Amounts receivable within one year40/41€208k€95k▼

Trade receivables40€200k€25k▼

Other amounts receivable41€8k€70k▲

Cash at bank and in hand54/58€210k€9.36M▲

Equity and liabilities

Total equity and liabilities10/49€6.55M€15.59M▲

Equity10/15€6.49M€6.00M▼

Contributions10/11€5.13M€5.13M=

Capital10€5.13M€5.13M=

Issued capital100€5.13M€5.13M=

Reserves13€513k€513k=

Non-distributable reserves130/1€513k€513k=

Legal reserve130-€513k

Reserves not available under the articles1311€513k-

Profit (loss) carried forward14€851k€356k▼

Amounts payable17/49€63k€9.60M▲

Amounts payable within one year42/48€63k€9.60M▲

Trade debts44€17k€373k▲

Suppliers440/4€17k€373k▲

Taxes, remuneration and social security45€46k-

Taxes450/3€46k-

Other amounts payable47/48-€9.23M

Accrued charges and deferred income492/3€45-

Income statement Code20242025

Operating income70/76A€130k€100k▼

Other operating income74€130k€100k▼

Operating charges60/66A€19k€340k▲

Services and other goods61€18k€340k▲

Other operating charges640/8€1k€808▼

Operating profit (loss)9901€111k€-240k▼

Financial income75/76B-€8.97M

Recurring financial income75-€8.97M

Income from financial fixed assets750-€8.97M

Financial charges65/66B€263€311▲

Recurring financial charges65€263€311▲

Other financial charges652/9€263€311▲

Profit (loss) for the period before taxes9903€111k€8.73M▲

Income taxes67/77€31k€289▼

Taxes670/3€31k€289▼

Profit (loss) for the period9904€80k€8.73M▲

Profit (loss) for the period to be appropriated9905€80k€8.73M▲

Appropriation of the result

Profit (loss) to be appropriated9906€851k€9.58M▲

Profit (loss) brought forward from the previous period14P€771k€851k▲

Profit to be distributed694/7-€9.23M

Return on contributions (dividend)694-€9.23M

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 28Financial 2Gazette 16Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 33 days late

14-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment12 facts ▸

General meeting, 26/06/2026
Director resignation, Philippe LHOMME (administrateur)
Director resignation, Joan Condijts (administrateur)
Director appointment, Baycross Management Services SA (administrateur)
Director appointment, Croisé Management SRL (administrateur)
Director appointment, Louise LHOMME (administrateur)
Director appointment, Jean Sébastien DECAUX (administrateur)
Director appointment, Alexis GURDJIAN (administrateur)
Mandate compensation, CRAZY INVEST
Power of attorney, Croisé Management SRL
Board meeting, 29/06/2026
Director appointment, Baycross Management Services SA (Président du Conseil d'administration)

20-01

State Gazette act Resignations & appointments

General meeting · Auditor reappointment2 facts ▸

General meeting, 2025-07-24
Auditor reappointment, Commissaire, 2028

16-01

State Gazette act Resignations & appointments

General meeting · Director reappointment · Mandate compensation7 facts ▸

General meeting, 2025-07-24
Director reappointment, Joan CONDIJTS (administrateur)
Director reappointment, Philippe LHOMME (administrateur)
Director reappointment, lexis GURDJIAN (administrateur)
Mandate compensation, Joan CONDIJTS
Mandate compensation, Philippe LHOMME
Mandate compensation, lexis GURDJIAN

2025

31-12

Financial Highest result since 2018net €8.73M ▲10807%

Net result €8.73M, the highest in the series.

07-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 7 days late

2024

26-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 118 days late

2023

28-09

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 59 days late

22-08

State Gazette act Resignations & appointments

General meeting · Director reappointment · Director resignation6 facts ▸

General meeting, 2023-06-28
Director reappointment, Philippe Lhomme (administrateur)
Director reappointment, Alexis Gurdjjan (administrateur)
Director resignation, Pieter D'Haeseleer (administrateur)
Director appointment, Joan Condijts (administrateur)
Mandate compensation, CRAZY INVEST

2022

15-09

State Gazette act Resignations & appointments

General meeting · Board meeting · Auditor reappointment7 facts ▸

General meeting, 2022-05-17
Board meeting, 2022-05-17
Auditor reappointment, commissaire, 2025
Director appointment, Philippe Lhomme (administrateur)
Director appointment, Alexis Gurdijan (administrateur)
Director appointment, Pierre d'Haeseleer (administrateur)
Director appointment, Philippe Lhomme (Président)

27-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Liquidity doublescurrent ratio 4.36

Current ratio from 1.77 to 4.36; short-term debt falls from €117k to €45k.

06-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

14-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

27-02

State Gazette act Resignations & appointments

General meeting · Director reappointment · Director resignation10 facts ▸

General meeting, 2019-05-21
Director reappointment, Philippe Lhomme (administrateur)
Director reappointment, Alexis Gurdijan (administrateur)
Director reappointment, Guy Timmermans (administrateur)
Director reappointment, Pieter D'Haeseleer (administrateur)
Director resignation, SA GROUPE DEFI (administrateur)
Auditor appointment, BRUNO VANDENBOSCH & Co REVISEUR D'ENTREPRISES (commissaire)
Permanent representative, Bruno Vandenbosch
Board meeting, 2019-05-21
Director appointment, Philippe Lhomme (Président)

2019

24-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

25-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

16-11

State Gazette act Registered office

Board meeting · Registered-office move2 facts ▸

Board meeting, 2017-10-16
Registered-office move, 1, square de l'Atomium BP 505 à 1020 Bruxelles

31-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

26-08

State Gazette act Resignations & appointments

General meeting · Director reappointment · Director appointment7 facts ▸

General meeting, 2016-05-17
Director reappointment, Philippe LHOMME (administrateur)
Director reappointment, Alexis GURDIJAN (administrateur)
Director reappointment, Guy TIMMERMANS (administrateur)
Director appointment, Pieter (dit Pierre) D'HAESELEER (administrateur)
Director resignation, DEFICOM GROUP sa (administrateur)
Auditor appointment, BRUNO VANDENBOSCH & CO (commissaire)

2013

25-10

State Gazette act Resignations & appointments

General meeting · Director reappointment · Permanent representative8 facts ▸

General meeting, 2013-05-15
Director reappointment, Alexis Gurdjian (administrateur)
Director reappointment, Guy Timmermans (administrateur)
Director reappointment, Philippe Lhomme (administrateur)
Director reappointment, DEFICOM GROUP SA (administrateur)
Permanent representative, Pierre D'Haeseleer
Auditor reappointment, commissaire, 3 ans
Permanent representative, Bruno Vandenbosch

2011

21-11

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment4 facts ▸

General meeting, 2011-10-25
Director resignation, FRANKLIN (administrateur)
Director appointment, GROUPE DEFI (administrateur)
Permanent representative, d'Haeseleer Pieter Julius

21-09

State Gazette act Registered office · Resignations & appointments

General meeting · Director appointment · Permanent representative5 facts ▸

General meeting, 2011-05-17
Director appointment, FRANKLIN SA (administrateur)
Permanent representative, Philippe Lhomme
Board meeting, 2011-06-10
Registered-office move, Route Lenniksebaan 451 - 1070 Bruxelles/Brussels

2010

03-02

State Gazette act Resignations & appointments

General meeting · Director reappointment · Mandate compensation7 facts ▸

General meeting, 2008-08-27
Director reappointment, Alexis Gurdjian (administrateur)
Director reappointment, Philippe Lhamme (administrateur)
Director reappointment, Guy Timmermans (administrateur)
Mandate compensation, Alexis Gurdjian
Mandate compensation, Philippe Lhamme
Mandate compensation, Guy Timmermans

2007

06-08

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital increase · Share issue13 facts ▸

General meeting, 2007-07-13
Capital increase, €599.000
Share issue, actions de catégorie B, 599
Accounting effect, 2007-01-01
Statutes amendment
Capital, €5.127.000
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
+1 further facts in this act

23-07

State Gazette act Resignations & appointments

General meeting · Director resignation6 facts ▸

General meeting, 02/07/2007
Director resignation, Charles Noulet (administrateur)
Director resignation, Alexandre Kalantaran (administrateur)
Director resignation, Alain Prigogine (administrateur)
Director resignation, Yannick Kalantarian (administrateur)
Director resignation, Crazy Partners (administrateur)

23-07

State Gazette act Resignations & appointments

General meeting · Director appointment · Director reappointment5 facts ▸

General meeting, 2007-05-15
Director appointment, Guy Timmermans (administrateur « B »)
Director reappointment, Alexis Gurdjian (administrateur « B »)
Director resignation, Gurval Poirier (administrateur)
Mandate compensation, Guy Timmermans

2005

29-07

State Gazette act Incorporation

Incorporation · Founding capital · Corporate purpose20 facts ▸

Incorporation, 2005-07-18
Founding capital, €4.128.000
Corporate purpose, toute activité ou entreprise qui se rapporte, directement ou indirectement, sous quelque forme que ce soit, à la prise d'intérêts dans des sociétés actives, dir…
Share issue, 2066, 0001 à 2066
Share issue, 1035, 2067 à 3101
Share issue, 101, 3102 à 3202
Share issue, 562, 3203 à 3764
Share issue, 364, 3765 à 4128
Director appointment, KALANTARIAN Jean Karen Yannick (Administrateur A)
Director appointment, LHOMME Philippe Denis Charles Yves (Administrateur A)
Director appointment, CRAZY PARTNERS (Administrateur A)
Permanent representative, LHOMME Philippe Denis Charles Yves
+8 further facts in this act

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

31 directors, no change since 2026

BAYCROSS MANAGEMENT SERVICES

Président du conseil d'administration · since 26-06-2026 · Public limited company

Current

Croisé Management

Director · since 26-06-2026 · Private limited company

Current

Jean Sébastien DECAUX

Director · since 26-06-2026

Current

Louise LHOMME

Director · since 26-06-2026

Current

lexis GURDJIAN

Director · since 24-07-2025

Current

Alexis Gurdjjan

Director · since 28-06-2023

Current

+ 14 not shown in this overview

14-08-2026 Joan CONDIJTS: Resigned as Director

14-08-2026 Philippe Lhomme: Resigned as Director

29-06-2026 BAYCROSS MANAGEMENT SERVICES: Appointed as Président du conseil d'administration

26-06-2026 BAYCROSS MANAGEMENT SERVICES: Appointed as Director

26-06-2026 Croisé Management: Appointed as Director

26-06-2026 Jean Sébastien DECAUX: Appointed as Director

26-06-2026 Louise LHOMME: Appointed as Director

26-06-2026 Alexis Gurdjian: Appointed as Director

24-07-2025 lexis GURDJIAN: Mandate renewed as Director

24-07-2025 Joan CONDIJTS: Mandate renewed as Director

24-07-2025 Philippe Lhomme: Mandate renewed as Director

28-06-2023 Alexis Gurdjjan: Mandate renewed as Director

28-06-2023 Joan CONDIJTS: Appointed as Director

28-06-2023 Philippe Lhomme: Mandate renewed as Director

28-06-2023 Pieter D'Haeseleer: Resigned as Director

17-05-2022 Pierre D'HAESELEER: Appointed as Director

17-05-2022 Alexis Gurdijan: Appointed as Director

17-05-2022 Philippe Lhomme: Appointed as Director

17-05-2022 Philippe Lhomme: Appointed as Chair

21-05-2019 Philippe Lhomme: Appointed as Chair

21-05-2019 GROUPE DEFI SA: Resigned as Director

17-05-2016 Alexis Gurdijan: Mandate renewed as Director

17-05-2016 Guy Timmermans: Mandate renewed as Director

17-05-2016 Pieter (dit Pierre) D'HAESELEER: Appointed as Director

+ 22 not shown in this overview

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2005

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.

Atomiumsquare 11020 Brussel

1 establishment unit

Crazy Invest

Atomiumsquare 1, 1020 BrusselNACE 7415101

since 20052.150.299.067

Statutory auditor

4 auditors

BRUNO VANDENBOSCH, REVISEUR D’ENTREPRISESCurrent

Commissaire

24-07-2025 → present

Show 3 earlier auditors

Bruno Vandenbosch & Cie SPRL Commissaire · represented by Bruno Vandenbosch succeeded by BRUNO VANDENBOSCH & Co in 2016	15-05-2013 → 17-05-2016
BRUNO VANDENBOSCH & Co Commissaire succeeded by BRUNO VANDENBOSCH & Co REVISEUR D'ENTREPRISES in 2019	17-05-2016 → 21-05-2019
BRUNO VANDENBOSCH & Co REVISEUR D'ENTREPRISES Commissaire · represented by Bruno Vandenbosch succeeded by BRUNO VANDENBOSCH, REVISEUR D’ENTREPRISES in 2025	21-05-2019 → 24-07-2025