Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CRN Group is 0.2% (very low). The 2025 annual accounts show equity of €93k and a net result of €529. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 4755 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Signals
2 signals · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 4755 peers (2025). A comfortable equity buffer.
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 08-06-2026 | 53 d early | 2026-00147824 |
| 31-12-2024 | 31-07-2025 | 26-06-2025 | 35 d early | 2025-00187984 |
| 31-12-2023 | 31-07-2024 | 11-07-2024 | 20 d early | 2024-00239529 |
| 31-12-2022 | 31-07-2023 | 03-07-2023 | 28 d early | 2023-00209388 |
| 31-12-2021 | 31-07-2022 | 04-07-2022 | 27 d early | 2022-20137636 |
| 31-12-2020 | 31-07-2021 | 23-08-2021 | 23 d late | 2021-53500484 |
| 31-12-2019 | 31-07-2020 | 17-08-2020 | 17 d late | 2020-42100535 |
| 31-12-2018 | 31-07-2019 | 07-08-2019 | 7 d late | 2019-45200380 |
| 31-12-2017 | 31-07-2018 | 30-07-2018 | 1 d early | 2018-42100402 |
| 31-12-2016 | 31-07-2017 | 28-07-2017 | 3 d early | 2017-38900256 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Higher-failure-rate region
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€529-92.8%
Working capital€85k+0.6%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 08-06-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~6.7%/year over 8 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.6% | 55.4% | |
| Net result | €529 | €38k | |
| Equity | €93k | €64k | |
| Gross operating margin | €788 | €61k | |
| Total assets | €95k | €146k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P95
Improving position over 2020-2025
· n=1437-12487
P14
Weakening position over 2020-2025
· n=1437-12489
P61
Stable position over 2020-2025
· n=1440-12495
P10
Weakening position over 2020-2025
· n=1435-12474
Describes the position versus peers, not a forecast.
€8k
-54.8%
18-25
€529
-92.8%
18-25
€5k
-55.7%
18-25
€95k
-2.1%
18-25
€93k
+0.6%
18-25
€85k
+0.6%
18-25
2
0.0%
18-25
€75k
+7.8%
18-25
Show 11 other metrics
€-51
-
18-25
€2k
-52.5%
18-25
€2k
-52.5%
18-25
€1k
-93.7%
18-25
38.14
+105.9%
18-25
38.14
+105.9%
18-25
97.6%
+2.7%
18-25
0.02
-52.8%
18-25
0.6%
-92.8%
18-25
0.6%
-92.6%
18-25
28.95
-1.7%
18-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €529 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €-51 |
| Dividends | - |
| Total assets | €95k |
| Equity | €93k |
| Debt | €2k |
| of which ≤ 1y | €2k |
| of which > 1y | - |
| Working capital | €85k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 38.14 |
| Quick ratio | 38.14 |
| Working capital ratio | 89.0% |
| Solvency | 97.6% |
| Debt / equity | 0.02 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.6% |
| ROE | 0.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €95k |
| Fixed assets | 21/28 | €8k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €87k |
| Amounts receivable within one year | 40/41 | €77k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €95k |
| Equity | 10/15 | €93k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €72k |
| Amounts payable | 17/49 | €2k |
| Amounts payable within one year | 42/48 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €788 |
| Operating result | 9901 | €788 |
| Financial charges | 65 | €311 |
| Result before taxes | 9903 | €478 |
| Income taxes | 67/77 | €-51 |
| Net result for the period | 9904 | €529 |
| Result to be appropriated | 9905 | €529 |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed78
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
3 directorsCurrent directors & mandates
-
ONORY INVESTLegal entityDirector· perm. rep.: CARON Gregory Didric Pascal EmanuelState Gazette act 23459929 (18-12-2023)Current18-12-2023 → present
-
Oscar ManagementLegal entityDirector· perm. rep.: CARON Olivier Pascal Thierry DidierState Gazette act 23459929 (18-12-2023)Current18-12-2023 → present
Former directors (1)
-
Cardi InvestLegal entityManager· perm. rep.: CARON Didier Patrick Edmond DanielState Gazette act 23459929 (18-12-2023)Former- → 18-12-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-03-2006 |
| Status | Active |
| Postal code | 1140 |
Structure & network
Connections & network
3 connected companiesGroup structure
Sits on the board · 2 subsidiaries · 1 location
Control→
Sits on the board · 2 subsidiaries · 1 location
Control→
Network connections
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
2 partiesControl over this companysits on this company's board2
2 subsidiaries · 1 location
2 subsidiaries · 1 location
controls
CRN GroupBE 0879.686.763
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Leuvensesteenweg 9721140 EvereParcels1
Ground area1,190 m²
Buildings1
Building footprint803 m²
Volume (LiDAR)5,747 m³
Tallest building11.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0114/00F007 | Brussels | 1,190 m² | 1 · 803 m² | 11.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts All acts · 4
updated 3 months ago
2026
11-05-2026 Merger · Accounting effect · Statute amendment · General meeting
- Filing: 2026-05-04 · CRN GROUP
- Merger: type: absorption, description: FUSION PAR ABSORPTION DE LA SOCIETE CRN GROUP SRL PAR LA SOCIETE CARON SAproposed · CRN GROUP
- Accounting effect: 2026-01-01proposed · CRN GROUP
- Statute amendment: description: Statuts mis en adéquation avec le CSA, prévoyant un conseil d'administration de type Moniste avec deux administrateurs minimum.proposed · CARON
- General meeting: type: extraordinary, purpose: délibérer et décider de la fusionproposed · CARON
- General meeting: type: extraordinary, purpose: délibérer et décider de la fusionproposed · CRN GROUP
- Auditor waiver: description: Proposition de ne pas établir d'état comptable intermédiaire.proposed · CARON
- Tax qualification: description: Application de l'article 211 du code des impôts sur le revenu, de l'article 117 du code des droits d'enregistrement et des articles 11 et 18 §3 du code de la TVA.proposed · CARON
- Power of attorney: description: Olivier Caron, Administrateur, représente OSCAR MANAGEMENT SRL.proposed · OSCAR MANAGEMENT SRL
- Publication: 2026-05-11
- Act object: PROJET DE FUSION PAR ABSORPTION DE LA SOCIETE CRN GROUP SRL
Summary:
Merger · Accounting effect · Statute amendment · General meeting
11-05-2026 Merger · Accounting effect · Statute amendment · General meeting
- Filing: 2026-05-04 · CARON
- Merger: type: fusion par absorption, legal_basis: article 12:7 du CSAproposed · CARON
- Accounting effect: 2026-01-01proposed · CARON
- Statute amendment: description: mise en adéquation avec le CSA, conseil d'administration de type Moniste avec deux administrateurs minimumproposed · CARON
- General meeting: type: assemblée générale extraordinaire, purpose: délibérer et décider de la fusionproposed · CARON
- General meeting: type: assemblée générale extraordinaire, purpose: délibérer et décider de la fusionproposed · CRN Group
- Auditor waiver: description: ne pas établir d'état comptable intermédiaireproposed · CARON
- Auditor waiver: description: ne pas établir d'état comptable intermédiaireproposed · CRN Group
- Tax qualification: description: application de l'article 211 du code des impôts sur le revenu, de l'article 117 code des droits d'enregistrement et des articles 11 et 18 §3 du code de la TVAproposed · CARON
- Power of attorney: role: Administrateur délégué, representative: Olivier Caronproposed · OSCAR MANAGEMENT SRL
- Publication: 2026-05-11
- Act object: PROJET DE FUSION PAR ABSORPTION DE LA SOCIETE CRN GROUP SRL
Summary:
Merger · Accounting effect · Statute amendment · General meeting
2023
18-12-2023 1 director appointed, 1 resigning, 1 reappointed
- CARON Gregory Didric Pascal Emanuel, Bestuurder
- CARON Didier Patrick Edmond Daniel, Zaakvoerder
- CARON Olivier Pascal Thierry Didier, Bestuurder
Summary:
v3.2
2006
13-03-2006 Incorporation of a new SRL
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured67
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
78
Profitability
3
Solvency
100
Growth
52
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 15,456 of the 82,031 companies in this sector. 12,644 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142
Primary activity highlighted.
Names & trade names
| Legal nameFR | CRN Group |
Registered office
Leuvensesteenweg 972
1140 Evere, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.