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CRD INNOVATIONS

Active
Private limited companyfounded 200818 yrs activeBellegemstraat(D) 31, 7711 Mouscron, BelgiumKBO/BCE: BE 0898.624.826

CRD INNOVATIONS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €15k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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
Profitability84▲+35
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.06 against 5.52 in 2024; short-term debt: 9.5% and cash: 14.5% of total assets), and 9.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
90.5%
Return on assets
11.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
1 d early
2022
38 d early
2021
13 d early
2020
31 d early
2019
21 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
neutral · 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, micro schema

Equity
€110k▲ 15.2%
2024 · €96k
2019: €45k 2020: €58k 2021: €67k 2022: €74k 2023: €91k 2024: €96k
2019 → 2025
Total assets
€122k▲ 15.5%
2024 · €106k
2019: €47k 2020: €73k 2021: €79k 2022: €109k 2023: €129k 2024: €106k
2019 → 2025
Net result
€15k▲ 189%
2024 · €5k
2019: €229 2020: €13k 2021: €9k 2022: €7k 2023: €17k 2024: €5k
2019 → 2025
Working capital
€47k▲ 6.3%
2024 · €44k
2019: €4k 2020: €19k 2021: €26k 2022: €13k 2023: €38k 2024: €44k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€67k-€74k▲ 10.5%€91k▲ 23.0%€96k▲ 5.6%€110k▲ 15.2%
Operating result€11k-€7k▼ 36.0%€25k▲ 266%€7k▼ 72.4%€21k▲ 193%
Net result€9k-€7k▼ 22.4%€17k▲ 142%€5k▼ 70.3%€15k▲ 189%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €11k€11kNet result 2021: €9k€9kOperating result 2022: €7k€7kNet result 2022: €7k€7kOperating result 2023: €25k€25kNet result 2023: €17k€17kOperating result 2024: €7k€7kNet result 2024: €5k€5kOperating result 2025: €21k€21kNet result 2025: €15k€15k20212022202320242025
The operating result recovers in 2025; 2025 is 193% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets €63k▲ 22.8%
Current assets €59k▲ 8.5%
Equity and liabilities €122k
Equity €110k▲ 15.2%
Debt €12k▲ 18.4%
The debt ratio rises from 9.3% to 9.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €17k
Cash flow
€27k
2024 · €15k
Solvency
90.5%
2024 · 90.7%
Current ratio
5.06
2024 · 5.52
Quick ratio
3.76
2024 · 5.29
Debt / equity
0.10
2024 · 0.10
ROE
13.2%
2024 · 5.3%
ROA
11.9%
2024 · 4.8%
Interest coverage
139.90
Debt
€12k
2024 · €10k
Debt ≤ 1 year
€12k
2024 · €10k
Income taxes
€6k
2024 · €2k
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€106k€122k
Fixed assets21/28€52k€63k
Tangible fixed assets22/27€52k€63k
Land and buildings22€31k€30k
Plant, machinery and equipment23€6k€4k
Furniture and vehicles24€14k€30k
Current assets29/58€54k€59k
Stocks and contracts in progress3€2k€15k
Stocks30/36€2k€15k
Amounts receivable within one year40/41€49k€25k
Trade receivables40€46k€21k
Other amounts receivable41€3k€4k
Cash at bank and in hand54/58€2k€18k
Deferred charges and accrued income490/1€686€720
Equity and liabilities
Total equity and liabilities10/49€106k€122k
Equity10/15€96k€110k
Contributions10/11€12k€12k=
Reserves13€84k€98k
Distributable reserves133€84k€98k
Amounts payable17/49€10k€12k
Amounts payable within one year42/48€10k€12k
Trade debts44€6k€3k
Suppliers440/4€6k€3k
Taxes, remuneration and social security45€4k€8k
Taxes450/3€4k€7k
Remuneration and social security454/9-€2k
Other amounts payable47/48€154€15
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k
Other operating charges640/8€991€2k
Gross operating margin9900€18k€34k
Operating profit (loss)9901€7k€21k
Financial income75/76B€52€187
Recurring financial income75€52€187
Financial charges65/66B-€234
Recurring financial charges65-€234
Profit (loss) for the period before taxes9903€7k€21k
Income taxes67/77€2k€6k
Profit (loss) for the period9904€5k€15k
Profit (loss) for the period to be appropriated9905€5k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€15k
Transfer to equity691/2€5k€15k
To other reserves6921€5k€15k

The notes to these accounts (7 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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
28-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Equity above €100kEq €110k ▲15.2%
7 profitable years in a row build equity to €110k.
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Liquidity triplescurrent ratio 5.52
Current ratio from 1.98 to 5.52; short-term debt falls from €38k to €10k.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Highest result since 2019net €17k ▲142%
Operating result €25k, net result €17k, both a record.
2022
23-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
18-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
10-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
19-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Mouscron · 1 establishment unit since 2008
establishment approximate The establishment unit on the map
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.

Bellegemstraat(D) 317711 Mouscron
Ground area
2,979 m²
Building footprint
1,077 m²
Parcel 54003S0064/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CRD Innovations
Bellegemstraat(D) 31, 7711 MouscronCutting, shaping and finishing of stone
since 20082.171.569.187
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54003S0064/00_000 Wallonia 2,979 m² 1 · 1,077 m² -
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.

Similar companies · same sector, comparable size

Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,444 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-06-2008
Fiscal year end31-03
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
43331Floor and wall tiling
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.