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Complete company report
Generated 22-08-2026
Active BE 1001.819.463Private limited company

CRW CONSTRUCT

· 2 yrs active
Sector: Algemene bouw van residentiële gebouwen (41001)
Conclusion Checked

The computed 12-month bankruptcy probability of CRW CONSTRUCT is 11.0% (high). The 2024 annual accounts show negative equity (€-6k) and a net result of €-6k. Its solvency ranks better than 8% of 3841 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-6k
Net result €-6k
Better than sector 8%
Active 2 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health15Profitability100Solvency41Growth-Stability51
52 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 15
Profitability 100
Solvency 41
Growth -
Stability 51
Bankruptcy probability (12 mo) Checked model v1 · free
11.0% High
0%0,5%1,5%4%10%≥25%
Recent warning signals +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
3 / 100
Low risk
Components
· 1 administrative flag (+3)
Trust signals 2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags2 events
Address struckAddress strikeout annulled
Health barometer FY 2024 · computed
15 / 100 Critical
050100
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 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 28-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -14.7% 39.5%
better than 8% of 3841 sector peers
Net result €-6k €9k
better than 13% of 3837 sector peers
Equity €-6k €29k
better than 8% of 3846 sector peers
Gross operating margin €-5k €26k
better than 7% of 3834 sector peers
Total assets €43k €85k
better than 27% of 3842 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-5k
Net profit€-6k
Cash flow€-5k
Staff costs-
Income taxes-
Dividends-
Total assets€43k
Equity€-6k
Debt€49k
of which ≤ 1y€49k
of which > 1y-
Working capital€-8k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.84
Quick ratio0.84
Working capital ratio-18.9%
Solvency-14.7%
Debt / equity-7.82
Long-term debt ratio-
Interest coverage-42.34
Gross margin-
Net margin-
ROA-14.7%
ROE100.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€41k
Amounts receivable within one year 40/41€35k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€-6k
Accumulated profits (losses) 14€-6k
Amounts payable 17/49€49k
Amounts payable within one year 42/48€49k
Trade debts payable within one year 44€45k
Income statement
Gross operating margin 9900€-5k
Operating result 9901€-6k
Financial charges 65€122
Result before taxes 9903€-6k
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • AWAD Rami
    Director
    State Gazette act 25013300 (27-01-2025)
    Current
    01-06-2024 → present
Former directors (1)
  • AL-SAFFAR Ali Ghazi Luaibi
    Director
    State Gazette act 25013300 (27-01-2025)
    Former
    - → 01-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Algemene bouw van residentiële gebouwen(41001)
Legal form Private limited company(610)
Incorporation31-10-2023
StatusActive
Postal code-
Establishment units 1 location
CRW CONSTRUCT
Algemene bouw van residentiële gebouwen
since 20242.355.625.895
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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0408/00S005 Flanders 1,531 m² 1 · 587 m² 13.9 m · 4 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.
Updates 6 events

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

2025
10-10-2025
KBO administration Address strikeout annulled
28-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
12-05-2025
KBO administration Address struck
27-01-2025
State Gazette act Capital & shares
Lifecycle & Insolvency Signals2 events
10-10-2025
KBO administration Address strikeout annulled
 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 12-05-2025 to 10-10-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-12 · KBO administration · Address struck2025-10-10 · KBO administration · Address strikeout annulled
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
27-01-2025
Capital change
All acts · 1 updated 1 year ago
2025
27-01-2025 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "De heer AL-SAFFAR Ali Ghazi Luaibi",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "De heer AWAD Rami",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
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      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "De heer AWAD Rami",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-27",
    "filing_date": "2024-06-01",
    "act_kind_objet": "OVERDRACHT VAN AANDELEN - BENOEMING/ ONTSLAG"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2024-06-01",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-06-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1001.819.463",
    "name_full": "CRW CONSTRUCT",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "De heer AWAD Rami",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "De heer AL-SAFFAR Ali Ghazi Luaibi",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van kantoorgebouwen41002Slopen43110Sanitaire werkzaamheden43221Stukadoorswerk43310Schrijnwerk43320
Primary activity highlighted.
Names & trade names
Legal nameNL CRW CONSTRUCT
Registration history
  1. 10-10-2025 Address strikeout annulled
  2. 12-05-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative