CREA CONCEPT MD
ActiveThe computed 12-month bankruptcy probability of CREA CONCEPT MD is 1.5% (moderate). The 2025 annual accounts show equity of €349k and a net result of €99k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 1888 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency94▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.52 in 2024), and 50% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50%
Return on assets
14.1%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €349k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
46 d late
2023
30 d early
2022
31 d early
2021
32 d late
2020
9 d late
2019
60 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€349k▲ 37.4%
2024 · €254k
2019: €14k
2020: €22k
2021: €20k
2022: €33k
2023: €128k
2024: €254k
2019 → 2025
Total assets
€698k▲ 9.9%
2024 · €635k
2019: €55k
2020: €68k
2021: €420k
2022: €428k
2023: €503k
2024: €635k
2019 → 2025
Net result
€99k▼ 16.9%
2024 · €119k
2019: €6k
2020: €9k
2021: €-2k
2022: €329
2023: €95k
2024: €119k
2019 → 2025
Working capital
€217k▲ 78.3%
2024 · €122k
2019: €-9k
2020: €-11k
2021: €-113k
2022: €-87k
2023: €6k
2024: €122k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€33k▲ 69.1%€128k▲ 282%€254k▲ 98.8%€349k▲ 37.4%
Operating result€3k-€9k▲ 205%€124k▲ 1,327%€168k▲ 36.2%€138k▼ 18.2%
Net result€-2k-€329€95k▲ 28,799%€119k▲ 24.6%€99k▼ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €698k
Fixed assets
€254k▼ 9.5%
Current assets
€444k▲ 25.2%
Equity and liabilities €698k
Equity
€349k▲ 37.4%
Debt
€349k▼ 8.5%
The debt ratio falls from 60.0% to 50.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€199k▼
2024 · €224k
Cash flow
€159k▼
2024 · €174k
Solvency
50.0%▲
2024 · 40.0%
Current ratio
1.95▲
2024 · 1.52
Quick ratio
1.56▲
2024 · 1.24
Debt / equity
1.00▼
2024 · 1.50
ROE
28.2%▼
2024 · 46.7%
ROA
14.1%▼
2024 · 18.7%
Interest coverage
74.96▲
2024 · 71.45
Debt
€349k▼
2024 · €381k
Debt ≤ 1 year
€228k▼
2024 · €233k
Debt > 1 year
€115k▼
2024 · €148k
Income taxes
€41k▼
2024 · €49k
Staff costs
€136k▲
2024 · €129k
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€635k€698k▲
Fixed assets21/28€280k€254k▼
Intangible fixed assets21€602€80▼
Tangible fixed assets22/27€280k€254k▼
Land and buildings22€103k€101k▼
Plant, machinery and equipment23€169k€137k▼
Furniture and vehicles24€8k€15k▲
Current assets29/58€355k€444k▲
Stocks and contracts in progress3€65k€90k▲
Stocks30/36€65k€90k▲
Amounts receivable within one year40/41€19k€119k▲
Trade receivables40€18k€119k▲
Other amounts receivable41€583€92▼
Cash at bank and in hand54/58€261k€231k▼
Deferred charges and accrued income490/1€10k€5k▼
Equity and liabilities
Total equity and liabilities10/49€635k€698k▲
Equity10/15€254k€349k▲
Contributions10/11€10k€10k=
Reserves13€222k€320k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€221k€319k▲
Investment grants15€22k€19k▼
Amounts payable17/49€381k€349k▼
Amounts payable after more than one year17€148k€115k▼
Financial debts170/4€148k€115k▼
Amounts payable within one year42/48€233k€228k▼
Current portion of amounts payable after more than one year42€35k€33k▼
Trade debts44€33k€25k▼
Suppliers440/4€33k€25k▼
Taxes, remuneration and social security45€39k€46k▲
Taxes450/3€28k€34k▲
Remuneration and social security454/9€11k€12k▲
Other amounts payable47/48€126k€124k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€129k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€61k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€357k€338k▼
Operating profit (loss)9901€168k€138k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Non-recurring financial income76B€31-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€168k€139k▼
Income taxes67/77€49k€41k▼
Profit (loss) for the period9904€119k€99k▼
Profit (loss) for the period to be appropriated9905€119k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€99k▼
Profit (loss) brought forward from the previous period14P€81-
Transfer to equity691/2€118k€98k▼
To other reserves6921€118k€98k▼
Profit to be distributed694/7€889€900▲
Return on contributions (dividend)694€889€900▲
The notes to these accounts (12 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Highest result since 2019net €119k ▲24.6%
Operating result €168k, net result €119k, both a record.
31-12
Financial
Equity above €200kEq €254k ▲98.8%
3 profitable years in a row build equity to €254k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 1.03
Current ratio from 0.50 to 1.03.
31-12
Financial
Equity above €100kEq €128k ▲282%
2 profitable years in a row build equity to €128k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €329
Net result €329 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Weakest financial yearnet €-2k ▼124%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bastogne · 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.
Rue Pierre Druidique(Bertogne) 416687 BastogneGround area
4,416 m²
Building footprint
376 m²
Volume, LiDAR
1,288 m³
2 parcels, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CREA CONCEPT
since 20192.294.219.749
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82005A0326/00B000 | Wallonia | 2,989 m² | 1 · 115 m² | - |
| 82005B1931/00F000 | Wallonia | 1,427 m² | 1 · 261 m² | 6.0 m · 2 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.
Similar companies · same sector, comparable size
Verschaeren Construct
BE 0775.282.792
Putte · Eq €349k
ALL IN METAALCONSTRUCTIE
BE 0829.510.346
Sint-Niklaas · Eq €349k
GEODE
BE 0820.314.053
Crisnée · Eq €349k
MAMMA INVEST
BE 0764.660.106
Nivelles · Eq €349k
All - Construct Verselder
BE 0846.795.647
Evergem · Eq €348k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2019
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.