Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CROISI D'OR from Farciennes, company number BE0691903473, closed financial year 2025 with a result of € -10,980 after tax. For that financial year CROISI D'OR recorded a gross margin of € 47,347 and equity of € 59,489. Compared with financial year 2024, the result moved from € 47,359 to € -10,980. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 59,489
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,980
▼ still € 47,359 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,889.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 47,253
▼ 25% vs 2024
Of which on lease € 47,057.
Debts at end 2025
€ 76,681
▼ 35% vs 2024
€ 31,443 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 134,077
▲ € 100,701 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,439 | € 66,340 | € 106,953 | € 47,347 | ▼ 56% |
| Profit after taxes | € 25,570 | € 28,444 | € 47,359 | € -10,980 | ▼ € 58,338 |
| Equity | € -5,334 | € 23,110 | € 70,469 | € 59,489 | ▼ 16% |
| Total debts | € 301,132 | € 391,161 | € 224,518 | € 285,003 | ▲ 27% |
| Cash | € 10,068 | € 4,503 | € 10,459 | - | |
| Retained profit | € -23,934 | € 4,510 | € 51,869 | € 40,889 | ▼ 21% |
| Bank debt | € 51,138 | € 156,101 | € 117,259 | € 76,681 | ▼ 35% |
| Balance sheet total | € 295,798 | € 414,271 | € 294,987 | € 344,492 | ▲ 17% |
Key figures of CROISI D'OR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CROISI D'OR?
What happened at CROISI D'OR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,980 (▼ € 58,338 vs 2024). Source: NBB ↗
- New establishment in Farciennes. KBO
- Start of the company according to the CBE. KBO
- Ergun ASKER became a director. NBB
In short
From € 25,570 profit in 2022 to € 10,980 loss in 2025.
Paid € 2,876 in corporate taxes since 2022.
Best year ever: 2024, with € 47,359 profit.
Management
Behind CROISI D'OR is Ergun ASKER. Ergun ASKER is also behind LES PATRONS BOULANGERS DE CHARLEROI.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Rue du Wainage(PIR) 341
6240 Farciennes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.903.473
- VAT number
- BE 0691.903.473
- Registered office
- Rue du Wainage(PIR) 341, 6240 Farciennes
- Names & denominations
- CROISI D'OR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2018
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)