Cronos
ActiveSummary
Cronos has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.35M and a net result of €271k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-1
Solvency57▼-1
Growth53=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.53 in 2024; short-term debt: 67.4% and cash: 0.5% of total assets), and 68.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 dateAge against the risk zone
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
31.9%
Return on assets
1%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d late
2023
42 d late
2022
8 d late
2021
36 d late
2020
51 d late
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€116.92M▲ 0.6%
2024 · €116.25M
2018: €79.04M
2019: €80.15M
2020: €82.91M
2021: €88.32M
2022: €101.46M
2023: €114.18M
2024: €116.25M
2018 → 2025
EBIT margin
0.3%▼ 0.3pp
2024 · 0.7%
2018: 1.1%
2019: -0.7%
2020: 0.6%
2021: 0.4%
2022: 0.3%
2023: 0.2%
2024: 0.7%
2018 → 2025
Net result
€271k▼ 43.8%
2024 · €483k
2018: €606k
2019: €-598k
2020: €576k
2021: €142k
2022: €195k
2023: €116k
2024: €483k
2018 → 2025
Working capital
€8.00M▼ 2.7%
2024 · €8.22M
2018: €6.62M
2019: €6.02M
2020: €6.85M
2021: €6.77M
2022: €7.08M
2023: €7.35M
2024: €8.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€88.32M-€101.46M▲ 14.9%€114.18M▲ 12.5%€116.25M▲ 1.8%€116.92M▲ 0.6%
Equity€7.29M-€7.48M▲ 2.7%€7.60M▲ 1.5%€8.08M▲ 6.4%€8.35M▲ 3.4%
Operating result€317k-€327k▲ 3.2%€204k▼ 37.7%€775k▲ 280%€401k▼ 48.3%
Net result€142k-€195k▲ 37.3%€116k▼ 40.7%€483k▲ 318%€271k▼ 43.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26.17M
Fixed assets
€532k ▼ 0.7%
Current assets
€25.64M ▲ 8.3%
Equity and liabilities €26.17M
Equity
€8.35M ▲ 3.4%
Provisions
€2k
Debt
€17.82M ▲ 10.5%
Debt's share of the balance-sheet total rises from 66.6% to 68.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€415k▼
2024 · €786k
Cash flow
€285k▼
2024 · €494k
Current ratio
1.45▼
2024 · 1.53
Debt to equity
2.13▲
2024 · 2.00
ROE
3.2%▼
2024 · 6.0%
ROA
1.0%▼
2024 · 2.0%
Interest coverage
9.07▼
2024 · 12.81
Debt ≤ 1 year
€17.64M▲
2024 · €15.45M
Income taxes
€4k▼
2024 · €4k
Staff costs
€2.31M▼
2024 · €2.35M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 71 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24.21M€26.17M▲
Fixed assets21/28€536k€532k▼
Tangible fixed assets22/27€26k€23k▼
Plant, machinery and equipment23€26k€23k▼
Financial fixed assets28€509k€509k=
Affiliated companies280/1€498k€498k=
Participating interests280€498k€498k=
Other financial fixed assets284/8€12k€12k=
Amounts receivable and cash guarantees285/8€12k€12k=
Current assets29/58€23.68M€25.64M▲
Amounts receivable within one year40/41€23.29M€25.30M▲
Trade receivables40€22.37M€22.91M▲
Other amounts receivable41€919k€2.39M▲
Cash at bank and in hand54/58€177k€143k▼
Deferred charges and accrued income490/1€212k€196k▼
Equity and liabilities
Total equity and liabilities10/49€24.21M€26.17M▲
Equity10/15€8.08M€8.35M▲
Contributions10/11€350k€350k=
Capital10€350k€350k=
Issued capital100€350k€350k=
Reserves13€7.73M€8.00M▲
Non-distributable reserves130/1€35k€35k=
Legal reserve130€35k€35k=
Tax-exempt reserves132€59k€42k▼
Distributable reserves133€7.63M€7.92M▲
Profit (loss) carried forward14€3k€4k▲
Provisions and deferred taxes16-€2k
Provisions for liabilities and charges160/5-€2k
Pensions and similar obligations160-€2k
Amounts payable17/49€16.13M€17.82M▲
Amounts payable within one year42/48€15.45M€17.64M▲
Trade debts44€14.93M€17.18M▲
Suppliers440/4€14.93M€17.18M▲
Taxes, remuneration and social security45€331k€355k▲
Taxes450/3€20k€39k▲
Remuneration and social security454/9€311k€315k▲
Other amounts payable47/48€193k€112k▼
Accrued charges and deferred income492/3€680k€178k▼
Income statement
Code20242025
Operating income70/76A€116.95M€119.15M▲
Turnover70€116.25M€116.92M▲
Other operating income74€699k€2.22M▲
Operating charges60/66A€116.17M€118.74M▲
Goods for resale, raw materials and consumables60€112.27M€114.35M▲
Purchases600/8€112.27M€114.35M▲
Services and other goods61€1.52M€2.05M▲
Remuneration, social security and pensions62€2.35M€2.31M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2k
Other operating charges640/8€24k€9k▼
Operating profit (loss)9901€775k€401k▼
Financial income75/76B€77k€50k▼
Recurring financial income75€77k€50k▼
Income from financial fixed assets750€23-
Income from current assets751€43k€44k▲
Other financial income752/9€33k€6k▼
Financial charges65/66B€364k€176k▼
Recurring financial charges65€172k€63k▼
Debt charges650€61k€46k▼
Other financial charges652/9€110k€18k▼
Non-recurring financial charges66B€193k€112k▼
Profit (loss) for the period before taxes9903€487k€275k▼
Income taxes67/77€4k€4k▼
Taxes670/3€4k€4k▼
Profit (loss) for the period9904€483k€271k▼
Transfer from tax-exempt reserves789-€17k
Profit (loss) for the period to be appropriated9905€483k€288k▼
Appropriation of the result
Profit (loss) to be appropriated9906€493k€291k▼
Profit (loss) brought forward from the previous period14P€10k€3k▼
Transfer to equity691/2€490k€287k▼
To other reserves6921€490k€287k▼
Social balance
Average headcount (FTE)908719.618.7▼
The notes to these accounts (45 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 42 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 36 days late
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 51 days late
2020
31-12
Financial
Back to profitnet €576k
Net result €576k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
31-12
Financial
Weakest financial yearnet €-598k ▼199%
Net result drops to €-598k, the lowest in the series; recovery starts the following year.
18-12
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Kontich · 2 establishment units since 2001
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.
Veldkant 352550 KontichGround area
5,984 m²
Building footprint
1,439 m²
Volume, LiDAR
11,517 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Veldkant 35d, 2550 Kontich
since 20012.142.964.877
Veldkant 33 A, 2550 Kontich
since 20022.052.693.709
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
| 11024B0130/00Z000 | Flanders | 2,651 m² | 1 · 506 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Kontich
Kontich · indirect · LEI lapsed
controls
CronosBE 0443.807.959
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 155,271 EUR awarded · 134,189 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 11,519 EUR | 11,519 EUR |
| 2024 | 2 | 10,729 EUR | 48,729 EUR |
| 2023 | 2 | 15,836 EUR | 53,836 EUR |
| 2022 | 2 | 117,187 EUR | 20,105 EUR |
Schemes
Strategisch onderzoekscentrum ICON project (SOC-ICON)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Onderzoeksproject
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKontich2.052.693.709
Kontich2.142.964.877
Legal Entity Identifier
8945009QLDNCLVW8DU73
Similar companies · same sector, comparable size
SBS SOFTWARE BELGIUM
BE 0424.307.791
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B&P HOLDING
BE 0883.116.902
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SAVACO
BE 0442.901.901
Kortrijk · Eq €8.30M
OXYGEN GROUP
BE 0818.347.131
Kontich · Eq €8.26M
ORBID
BE 0463.174.208
Merelbeke · Eq €8.23M
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 1,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.