Summary
CREDISSIMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €25.38M and a net result of €820k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 2394 sector peers (fiscal year 2025). The company has been active since 1912 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2394 sector peers (2025).
NBB · sector comparisonPosition among 2394 sector peers
Solvency
better than 9%
← weakest
strongest →
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 13-04-2026, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 d early
2024
169 d early
2023
163 d early
2022
165 d early
2021
170 d early
2020
169 d early
2019
168 d early
← 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
Equity
€25.38M▲ 3.0%
2024 · €24.64M
2018: €20.04M
2019: €20.66M
2020: €21.24M
2021: €21.93M
2022: €22.76M
2023: €23.74M
2024: €24.64M
2018 → 2025
Net result
€820k▼ 16.4%
2024 · €981k
2018: €799k
2019: €696k
2020: €661k
2021: €772k
2022: €915k
2023: €1.05M
2024: €981k
2018 → 2025
Total assets
€422.19M▲ 1.2%
2024 · €417.38M
2018: €353.93M
2019: €362.83M
2020: €372.67M
2021: €383.53M
2022: €398.68M
2023: €415.42M
2024: €417.38M
2018 → 2025
Solvency
6.0%▲ 0.1pp
2024 · 5.9%
2018: 5.7%
2019: 5.7%
2020: 5.7%
2021: 5.7%
2022: 5.7%
2023: 5.7%
2024: 5.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.51M-€9.13M▼ 4.0%€9.25M▲ 1.4%€9.59M▲ 3.7%€9.84M▲ 2.5%
Equity€21.93M-€22.76M▲ 3.8%€23.74M▲ 4.3%€24.64M▲ 3.8%€25.38M▲ 3.0%
Operating result€827k-€972k▲ 17.6%€1.08M▲ 11.3%€961k▼ 11.2%€821k▼ 14.5%
Net result€772k-€915k▲ 18.5%€1.05M▲ 15.0%€981k▼ 6.8%€820k▼ 16.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422.19M
Fixed assets
€1.10M ▼ 7.1%
Current assets
€421.10M ▲ 1.2%
Equity and liabilities €422.19M
Equity
€25.38M ▲ 3.0%
Provisions
€695k ▼ 0.6%
Debt
€396.12M ▲ 1.0%
Debt's share of the balance-sheet total falls from 93.9% to 93.8%. Equity and debt are higher.
Key figures and ratios
ROE
3.2%▼
2024 · 4.0%
ROA
0.2%▼
2024 · 0.2%
Debt ≤ 1 year
€18.44M▲
2024 · €18.08M
Debt > 1 year
€377.69M▲
2024 · €373.97M
Income taxes
€43k▼
2024 · €50k
Staff costs
€1.30M▲
2024 · €1.21M
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 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€417.38M€422.19M▲
Fixed assets21/28€1.18M€1.10M▼
Tangible fixed assets22/27€1.18M€1.10M▼
Land and buildings22€1.16M€1.09M▼
Furniture and vehicles24€15k€7k▼
Current assets29/58€416.20M€421.10M▲
Amounts receivable after more than one year29€392.65M€395.52M▲
Trade receivables290€392.65M€395.52M▲
Amounts receivable within one year40/41€16.59M€17.17M▲
Trade receivables40€16.22M€16.70M▲
Other amounts receivable41€366k€463k▲
Cash at bank and in hand54/58€6.16M€7.59M▲
Deferred charges and accrued income490/1€797k€818k▲
Equity and liabilities
Total equity and liabilities10/49€417.38M€422.19M▲
Equity10/15€24.64M€25.38M▲
Contributions10/11€1.60M€1.60M=
Capital10€1.60M€1.60M=
Issued capital100€1.60M€1.60M=
Reserves13€23.04M€23.78M▲
Non-distributable reserves130/1€160k€160k=
Legal reserve130€160k€160k=
Distributable reserves133€22.88M€23.62M▲
Provisions and deferred taxes16€699k€695k▼
Provisions for liabilities and charges160/5€699k€695k▼
Other liabilities and charges164/5€699k€695k▼
Amounts payable17/49€392.04M€396.12M▲
Amounts payable after more than one year17€373.97M€377.69M▲
Financial debts170/4€373.97M€377.69M▲
Other loans174€373.97M€377.69M▲
Amounts payable within one year42/48€18.08M€18.44M▲
Current portion of amounts payable after more than one year42€16.12M€16.56M▲
Trade debts44€15k€28k▲
Suppliers440/4€15k€28k▲
Taxes, remuneration and social security45€366k€377k▲
Taxes450/3-€5k
Remuneration and social security454/9€366k€372k▲
Other amounts payable47/48€1.58M€1.47M▼
Income statement
Code20242025
Operating income70/76A€10.26M€10.47M▲
Turnover70€9.59M€9.84M▲
Other operating income74€664k€637k▼
Operating charges60/66A€9.30M€9.65M▲
Goods for resale, raw materials and consumables60€7.49M€7.74M▲
Purchases600/8€7.49M€7.74M▲
Services and other goods61€494k€486k▼
Remuneration, social security and pensions62€1.21M€1.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€84k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-39k€13k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-1k€-4k▼
Other operating charges640/8€61k€26k▼
Operating profit (loss)9901€961k€821k▼
Financial income75/76B€74k€45k▼
Recurring financial income75€74k€45k▼
Income from current assets751€74k€45k▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Debt charges650€4k€4k▲
Profit (loss) for the period before taxes9903€1.03M€862k▼
Income taxes67/77€50k€43k▼
Taxes670/3€55k€45k▼
Tax adjustments and reversals of tax provisions77€5k€2k▼
Profit (loss) for the period9904€981k€820k▼
Profit (loss) for the period to be appropriated9905€981k€820k▼
Appropriation of the result
Profit (loss) to be appropriated9906€981k€820k▼
Transfer to equity691/2€901k€740k▼
To other reserves6921€901k€740k▼
Profit to be distributed694/7€80k€80k=
Return on contributions (dividend)694€80k€80k=
Social balance
Average headcount (FTE)908710.911.2▲
The notes to these accounts (35 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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €25MEq €25.38M ▲3%
8 profitable years in a row build equity to €25.38M.
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.05M ▲15%
Operating result €1.08M, net result €1.05M, both a record.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €661k ▼5.1%
Net result drops to €661k, the lowest in the series; recovery starts the following year.
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Liège · 2 establishment units since 1912
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.
Rue des Prémontrés 44000 LiègeGround area
1,958 m²
Building footprint
544 m²
Volume, LiDAR
557 m³
2 parcels, Wallonia · tallest building 11.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CREDISSIMO
since 19122.003.250.433
CREDISSIMO
since 20052.145.305.943
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1417/00S000 | Wallonia | 1,265 m² | 1 · 490 m² | - |
| 62352E0126/00V017 | Wallonia | 693 m² | 1 · 54 m² | 11.6 m · 4 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
Brussel
BNP PARIBAS
Paris, France · indirect
controls
CREDISSIMOBE 0403.977.482
Recognitions · licences · registrations
Legal Entity Identifier
52990067VGJRAUNMQ188
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ELANTIS
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Of 93 companies in sector 64922 we hold annual accounts for 75. 37 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
Founded11-10-1912
Fiscal year end31-12
Activities, NACEBEL 2025
64922Financial service activities, except insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.