NORMAL SITUATION

Cronos ITS

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Financial year 2022 · closed on 31/12/2022

Net result

163,9 k €

-60.6% YoY

Revenue

5,2 M €

+1.0% YoY

Equity

1,9 M €

+9.6% YoY

Workforce

64,9 ETP

-2.3% YoY

Company — Normal situation.

What does Cronos ITS do?

Cronos ITS is a company registered in Belgium. It employs on average 64,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.916.413

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/12/2022

Average workforce

64,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	5,2 M €	+1.0%	5,1 M €	-56.7%	11,8 M €	+18.8%	9,9 M €	+98.5%	5,0 M €	+35.2%	3,7 M €	+51.5%	2,4 M €	+25.1%	2,0 M €	+23.3%	1,6 M €	+86.7%	847,3 k €	-34.0%	1,3 M €	+12.9%	1,1 M €	+102%	562,9 k €	-9.0%	618,4 k €	-13.1%	711,9 k €
EBITDA	283,4 k €	-51.4%	582,6 k €	-39.3%	959,8 k €	+131%	415,5 k €	+3.1%	403,0 k €	-18.7%	495,8 k €	+31.4%	377,3 k €	+73.1%	217,9 k €	+19.7%	182,1 k €	+165%	-281,5 k €	-315%	130,8 k €	+137%	-355,4 k €	+12.0%	-403,9 k €	-67.3%	-241,5 k €	-102%	-119,7 k €
Operating result	282,4 k €	-51.5%	582,2 k €	-39.3%	959,5 k €	+131%	415,3 k €	+3.0%	403,0 k €	-18.7%	495,8 k €	+31.5%	377,1 k €	+74.3%	216,4 k €	+20.4%	179,7 k €	+164%	-282,1 k €	-327%	124,2 k €	+135%	-359,1 k €	+11.9%	-407,4 k €	-67.0%	-243,9 k €	-99.2%	-122,4 k €
Net result	163,9 k €	-60.6%	415,6 k €	-38.3%	673,9 k €	+165%	254,6 k €	+0.5%	253,5 k €	-46.4%	472,7 k €	+41.8%	333,2 k €	+96.2%	169,9 k €	+15.0%	147,8 k €	+640%	20,0 k €	-78.0%	90,6 k €	+124%	-384,2 k €	+8.5%	-419,8 k €	-66.4%	-252,2 k €	-99.4%	-126,5 k €
Balance sheet
Equity	1,9 M €	+9.6%	1,7 M €	+32.1%	1,3 M €	+108%	621,6 k €	+69.4%	366,9 k €	+223%	113,4 k €	+132%	-359,2 k €	+48.1%	-692,5 k €	+19.7%	-862,3 k €	+14.6%	-1,0 M €	+1.9%	-1,0 M €	+8.1%	-1,1 M €	-52.2%	-736,4 k €	-133%	-316,7 k €	-391%	-64,5 k €
Total assets	2,7 M €	-0.7%	2,7 M €	-37.4%	4,3 M €	+27.2%	3,4 M €	+104%	1,6 M €	+58.9%	1,0 M €	+87.7%	552,5 k €	+20.9%	457,1 k €	-28.9%	642,9 k €	+107%	310,2 k €	-48.4%	600,6 k €	+10.8%	542,1 k €	+36.7%	396,6 k €	+1.2%	391,7 k €	+33.4%	293,7 k €
Cash	16,7 k €	-17.7%	20,3 k €	+10.7%	18,4 k €	+42.0%	12,9 k €	-57.4%	30,3 k €	-78.0%	137,6 k €	+891%	13,9 k €	-84.6%	90,4 k €	-64.0%	250,8 k €	+117%	115,8 k €	+156%	45,3 k €	-45.1%	82,4 k €	+64.7%	50,1 k €	-44.1%	89,6 k €	+877%	9,2 k €
Debts	780,6 k €	-18.9%	962,9 k €	-67.6%	3,0 M €	+8.8%	2,7 M €	+113%	1,3 M €	+38.7%	923,4 k €	+1.3%	911,8 k €	-20.7%	1,1 M €	-23.6%	1,5 M €	+16.1%	1,3 M €	-20.3%	1,6 M €	-2.2%	1,7 M €	+47.1%	1,1 M €	+60.1%	706,0 k €	+99.7%	353,5 k €
Other
Workforce	64,9 ETP	-2.3%	66,4 ETP	-24.0%	87,4 ETP	+10.9%	78,8 ETP	+45.4%	54,2 ETP	+8.4%	50,0 ETP	+8.9%	45,9 ETP	+2.9%	44,6 ETP	+28.9%	34,6 ETP	+1053%	3,0 ETP	+20.0%	2,5 ETP	-43.2%	4,4 ETP	+15.8%	3,8 ETP	-15.6%	4,5 ETP	+66.7%	2,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 10 ended

Active mandates

Dirk Deroost

Director · since 25 août 2020 · until 19 juin 2026

Active

Ended mandates

De Cronos Groep

Director · since 25 août 2020 · until 19 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended

De Cronos Groep

Director · since 15 juin 2018 · until 21 juin 2024 · 0467.132.994

Represented by Josephus de Wit

Ended

Dirk Deroost

Director · since 15 juin 2018 · until 21 juin 2024

Ended

Josephus de Wit

Director · since 15 juin 2018 · until 21 juin 2024

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/08/2023	24/08/2022	06/09/2021	18/12/2020	09/04/2020	23/07/2018
General meeting	30/06/2023	08/07/2022	02/09/2021	11/12/2020	19/07/2019	15/06/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2022	30/06/2023	07/08/2023	Dutch	PDF
Full model	31/12/2021	08/07/2022	24/08/2022	Dutch	PDF
Full model	31/12/2020	02/09/2021	06/09/2021	Dutch	PDF
Abridged model	31/12/2019	11/12/2020	18/12/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	19/07/2019	09/04/2020	Dutch	PDF
Abridged model	31/12/2018	19/07/2019	19/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	12/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	26/07/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	02/08/2011	Dutch	PDF
Full model	31/12/2009	18/06/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	19/06/2009	24/07/2009	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 10 ended

Active mandates

Dirk Deroost

Director · since 25 août 2020 · until 19 juin 2026

Active

Ended mandates

De Cronos Groep

Director · since 25 août 2020 · until 19 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended

De Cronos Groep

Director · since 15 juin 2018 · until 21 juin 2024 · 0467.132.994

Represented by Josephus de Wit

Ended

Dirk Deroost

Director · since 15 juin 2018 · until 21 juin 2024

Ended

Josephus de Wit

Director · since 15 juin 2018 · until 21 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring19/12/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring11/08/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates31/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2022
Annual accounts 2022163,9 k €↓
2021
Annual accounts 2021415,6 k €↓
2020
Annual accounts 2020673,9 k €↑
2019
Annual accounts 2019254,6 k €↑
2018
Annual accounts 2018253,5 k €↓
2017
Annual accounts 2017472,7 k €↑
2016
Annual accounts 2016333,2 k €↑
2015
Annual accounts 2015169,9 k €↑
2014
Annual accounts 2014147,8 k €↑
2013
Annual accounts 201320,0 k €↓
2012
Annual accounts 201290,6 k €↑
2011
Annual accounts 2011-384,2 k €↑
2010
Annual accounts 2010-419,8 k €↓
2009
Annual accounts 2009-252,2 k €↓
2008
Annual accounts 2008-126,5 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cronos ITS

Overview

What does Cronos ITS do?

Trend over 15 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline