CRE-IMMO
ActiveCRE-IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 28% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
20
/ 100
Critical▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency4▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.62 in 2024), and 94.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.9%
Return on assets
-1.2%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
60 d late
2021
30 d late
2020
27 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 17.1%
2024 · €23k
2020: €19k
2021: €23k
2022: €24k
2023: €25k
2024: €23k
2020 → 2025
Total assets
€331k▼ 6.0%
2024 · €352k
2020: €462k
2021: €426k
2022: €401k
2023: €382k
2024: €352k
2020 → 2025
Net result
€-4k▼ 133%
2024 · €-2k
2020: €-1k
2021: €4k
2022: €994
2023: €1k
2024: €-2k
2020 → 2025
Working capital
€-18k▼ 79.9%
2024 · €-10k
2020: €-19k
2021: €-20k
2022: €-18k
2023: €-13k
2024: €-10k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€24k▲ 4.3%€25k▲ 4.7%€23k▼ 6.8%€19k▼ 17.1%
Operating result€10k-€7k▼ 28.1%€11k▲ 54.3%€3k▼ 72.1%€-1k
Net result€4k-€994▼ 76.5%€1k▲ 12.9%€-2k€-4k▼ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331k
Fixed assets
€316k▼ 5.9%
Current assets
€15k▼ 7.3%
Equity and liabilities €331k
Equity
€19k▼ 17.1%
Debt
€311k▼ 5.2%
The debt ratio rises from 93.3% to 94.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2024 · €30k
Cash flow
€21k▼
2024 · €25k
Solvency
5.9%▼
2024 · 6.7%
Current ratio
0.46▼
2024 · 0.62
Quick ratio
0.46▼
2024 · 0.62
Debt / equity
16.03▲
2024 · 14.02
ROE
-20.6%▼
2024 · -7.3%
ROA
-1.2%▼
2024 · -0.5%
Interest coverage
5.94▲
2024 · 5.64
Debt
€311k▼
2024 · €328k
Debt ≤ 1 year
€33k▲
2024 · €26k
Debt > 1 year
€279k▼
2024 · €302k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€352k€331k▼
Fixed assets21/28€336k€316k▼
Tangible fixed assets22/27€336k€316k▼
Land and buildings22€336k€316k▼
Plant, machinery and equipment23€55-
Current assets29/58€16k€15k▼
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€6k€4k▼
Other amounts receivable41-€970
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€352k€331k▼
Equity10/15€23k€19k▼
Contributions10/11€20k€20k=
Reserves13€3k-
Distributable reserves133€3k-
Profit (loss) carried forward14-€-583
Amounts payable17/49€328k€311k▼
Amounts payable after more than one year17€302k€279k▼
Financial debts170/4€302k€279k▼
Amounts payable within one year42/48€26k€33k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€727€8k▲
Suppliers440/4€727€8k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€500€500=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€34k€28k▼
Operating profit (loss)9901€3k€-1k▼
Financial income75/76B€627€1k▲
Recurring financial income75€627€1k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-2k€-4k▼
Profit (loss) for the period9904€-2k€-4k▼
Profit (loss) for the period to be appropriated9905€-2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Transfer from equity791/2€2k€3k▲
The notes to these accounts (8 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2019
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.
Deerlijkseweg 2598790 WaregemGround area
161 m²
Building footprint
98 m²
Volume, LiDAR
665 m³
Parcel 34453F0146/00T002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CRE-IMMO
since 20192.294.343.077
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0146/00T002 | Flanders | 161 m² | 1 · 98 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OAKWOOD PROPERTIES
BE 0680.527.848
Brasschaat · Eq €19k
Immo Dewa
BE 0600.967.359
Mouscron · Eq €19k
CG
BE 0797.234.585
Ninove · Eq €19k
CAMICO
BE 0741.783.348
Schoten · Eq €20k
CEKOMA
BE 0412.932.760
Hasselt · Eq €20k
Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 2,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68121Development of residential building projects
68110Buying and selling of own real estate
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.