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Crea Decor

Active
Private limited companyfounded 20214 yrs activeGentsesteenweg(Kor) 78, 8500 Kortrijk, BelgiumKBO/BCE: BE 0777.355.525
Summary

The computed 12-month bankruptcy probability of Crea Decor is 2.3% (moderate). The 2024 annual accounts show equity of €62,359 and a net result of €50,655. Equity is growing by ~219.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 36365 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Painting of buildings
NACE 43341
1 site
How big
€78,566total assets 2024
Equity
€62,359
Profit
€50,655
Turnover not published (abridged schema)
Financially healthy?
56 Fair Checked score 2024
Bankruptcy chance 12 m
2.3%
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 56- Figures for FY 2024 (filed 24-07-2025)- Size: total assets €78,566- 1 financial year not filed after the legal deadline; 1 of the last 3 late+ Liquidity: current ratio 5.00, cash €21,731Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 89% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100+32
equity 79.4% of total assets
Liquidity 78+16
short-term debt 19.8% · cash 27.7%
Profitability 100+56
return on assets 64.5%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
  • Figures for FY 2024 (filed 24-07-2025) raises the probability
  • Size: total assets €78,566 raises the probability for this profile
  • Liquidity: current ratio 5.00, cash €21,731 lowers the probability
  • 1 financial year not filed after the legal deadline; 1 of the last 3 late raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.0 against 1.83 in 2023; short-term debt: 19.8% and cash: 27.7% of total assets), and 20.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 76%, profitability 93%, growth against the median 98%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 24-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: total assets €78,566
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.00, cash €21,731
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
9 d early
2022
37 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2022net €50,655 ▲6,710%
  3. Liquidity triplescurrent ratio 5.00

Key points

  • Positive: Equity rose in 2024from €11,705 to €62,359 ▲ 433% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: Among the best 13% on net resultsector median €9,288 · 36,334 companies €50,655 View

By topic

Financials

Fiscal year
2024
Total assets
€78,566
Profit
€50,655
Solvency
79.4%
Total assets▲ 189%
Net result
20222024
Go to Financials

Timeline

Events
6
Since
2023
  1. 24-07-2025Annual accounts filed
  2. 31-12-2024Highest result since 2022
  3. 31-12-2024Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
16-11-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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