Active BE 0461.701.885Public limited companyOpen bankruptcy

CRM.DEV

Gentseweg 203 ·8792 Waregem, Belgium· 28 yrs active

Sector: Computer programming & consultancy (62100)

Conclusion Checked

A bankruptcy procedure is open for CRM.DEV according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €5.54M and a net result of €342k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€5.54M
Net result	€342k
Staff (FTE)	3.8
Better than sector	52%

Snowflake analysis 5 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 22

Profitability 31

Solvency 67

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

22 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 02-05-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.2%	39.2%	better than 52% of 346 sector peers
Net result	€342k	€15k	better than 93% of 346 sector peers
Equity	€5.54M	€76k	better than 95% of 347 sector peers
Gross operating margin	€2.30M	€90k	better than 95% of 345 sector peers
Staff costs	€202k	€257k	higher than 44% of 195 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€2.09M

-7.2% far above sector median

Net profit

€342k

+122.3% far above sector median

Cash flow

€1.77M

-9.4% far above sector median

Total assets

€13.46M

-1.0% far above sector median

Equity

€5.54M

+6.6% far above sector median

Working capital

€855k

-75.6% far above sector median

Employees (FTE)

4

-26.9% +90% vs sector

Staff costs

€202k

-28.0% far above sector median

Income taxes

€146k

+208.6% far above sector median

Debt

€7.91M

-5.7% far above sector median

Debt ≤ 1y

€4.52M

+6.0% far above sector median

Debt > 1y

€3.40M

-17.8% far above sector median

Current ratio

1.19

-34.8% -26% vs sector

Quick ratio

1.10

-13.4% -28% vs sector

Solvency

41.2%

+7.7% -27% vs sector

Debt / equity

1.43

-11.6% +83% vs sector

ROE

6.2%

+108.6% -33% vs sector

ROA

2.5%

+124.7% +4% vs sector

Interest coverage

12.16

+34.7% -47% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	-
EBITDA	€2.09M
Net profit	€342k
Cash flow	€1.77M
Staff costs	€202k
Income taxes	€146k
Dividends	-
Total assets	€13.46M
Equity	€5.54M
Debt	€7.91M
of which ≤ 1y	€4.52M
of which > 1y	€3.40M
Working capital	€855k
Employees (FTE)	3.8

Ratios (computed)

	2022
Current ratio	1.19
Quick ratio	1.10
Working capital ratio	6.4%
Solvency	41.2%
Debt / equity	1.43
Long-term debt ratio	0.61
Interest coverage	12.16
Gross margin	-
Net margin	-
ROA	2.5%
ROE	6.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €8.08M · 60.1% Current assets €5.37M · 39.9%

Equity & liabilities

Equity €5.54M · 41.2% Debt €7.91M · 58.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€13.46M
Fixed assets	21/28	€8.08M
Intangible fixed assets	21	€4.51M
Tangible fixed assets	22/27	€2.48M
Financial fixed assets	28	€1.09M
Current assets	29/58	€5.37M
Stocks & contracts in progress	3	€394k
Amounts receivable within one year	40/41	€4.08M
Cash & bank	54/58	€901k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€13.46M
Equity	10/15	€5.54M
Contributions / capital	10/11	€3.00M
Reserves	13	€228k
Accumulated profits (losses)	14	€1.61M
Amounts payable	17/49	€7.91M
Amounts payable after one year	17	€3.40M
Amounts payable within one year	42/48	€4.52M
Trade debts payable within one year	44	€49k
Income statement
Gross operating margin	9900	€2.30M
Operating result	9901	€659k
Financial income	75	€1k
Financial charges	65	€172k
Result before taxes	9903	€488k
Income taxes	67/77	€146k
Net result for the period	9904	€342k
Result to be appropriated	9905	€342k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	Laurence MONTAGNE President Rooseveltplein 5 B2, 8500 KORTRIJK ↔ Also on 53 other cases	04-02-2025 → present	Belgian State Gazette
Curator	GUY DELABIE ENGELSE WANDELING 74, 8510 MARKE- guy.delabie@vy- us.be	04-02-2025 → present	Belgian State Gazette
Curator	SYLVIE FOULON BORNSTRAAT 44, 8800 ROESELARE-	04-02-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Computer programming & consultancy(62100)
Legal form	Public limited company(014)
Incorporation	17-10-1997
Status	Active
Postal code	8792
First BS signal	12-02-2025
Latest BS signal	12-02-2025

Company structure, linked entities3 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 2 locations

Gentseweg 203, 8792 Waregem

het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant : - invoeren van gegevens - volledige verwerking van gegevens

since 19982.086.438.722

CRM.DEV NV

Leuvensesteenweg 200, 3370 BoutersemGegevensverwerking

since 20072.167.336.029

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24093C0023/00D000	Flanders	6,586 m²	1 · 2,363 m²	11.4 m · 3 fl.
34010A0543/00S000	Flanders	3,101 m²	1 · 506 m²	11.9 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-02-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · CRM.DEV NV GENTSEWEG 203, 8792 WAREGEM-DESSELGEM · event 04-02-2025

2023

02-05-2023