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CREA'INOX

Active
Private limited companyfounded 2017active for 9 yearsAvenue Franklin Roosevelt(VIS) 52, 4600 Visé, BelgiumKBO/BCE: BE 0678.999.208
Summary

The computed 12-month bankruptcy probability of CREA'INOX is 4.7% (elevated). The 2025 annual accounts show negative equity (-€66,919) and a net result of €13,792. Equity has been shrinking by about 19% per year since 2018. Its solvency ranks better than 5% of 1,240 sector peers (NACE 25, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-07-2017 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 2 others
Establishment unit
2.268.537.218 4600 Visé, since 31-07-2017
Financial year end
31 December
Peppol
Reachable since 17-10-2025

Board and ownership

Board
  • ACindustryManaging director · permanent representative Michel Pumelle
Shareholders
  • ACindustry· score 322025 annual accounts of ACindustry

Financial position

37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts 2025
Gross margin
€312,873
▼ 22.5%
Turnover
≈ €740,000
estimated
Profit
€13,792
Equity
-€66,919
▲ 17.1%
Total assets
€540,611
▲ 20.0%
Employees on 31-12-2025
10
▲ 100%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 10 days after the deadline
Score breakdownraises riskNegative equity -€66,919Last filed accounts filed 10 days late; 1 of the last 3 accounts lateSize: 6.3 FTE, total assets €540,611Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 27% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 13+6
equity -12.4% of total assets
Liquidity 8-2
short-term debt 81.8% · cash 2.6%
Profitability 57+57
return on assets 2.6%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.5%▼ -0.2 percentage points vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.4%▼ -0.1 percentage points vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.5%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +0.8 percentage points vs 07-2025 09-2025: 3.2%▼ -0.1 percentage points vs 08-2025 10-2025: 7.7%▲ +4.5 percentage points vs 09-2025 11-2025: 7.7%● unchanged vs 10-2025 12-2025: 7.8%▲ +0.1 percentage points vs 11-2025 01-2026: 7.7%▼ -0.1 percentage points vs 12-2025 02-2026: 7.7%● unchanged vs 01-2026 03-2026: 7.6%▼ -0.1 percentage points vs 02-2026 04-2026: 7.7%▲ +0.1 percentage points vs 03-2026 05-2026: 7.8%▲ +0.1 percentage points vs 04-2026 06-2026: 7.5%▼ -0.3 percentage points vs 05-2026 07-2026: 7.7%▲ +0.2 percentage points vs 06-2026 08-2026: 8.2%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 4.7%▼ -3.5 percentage points vs 08-2026 10-2026: 4.7%● unchanged vs 09-2026 11-2026: 4.7%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.15 (0.92 in 2024), below the usual 1.5. Short-term debt is 81.8% and cash 2.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 7% of them on solvency, 5% on liquidity, 27% on profitability and 68% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Negative equity -€66,919
NBB · annual accounts
raises risk · Last filed accounts filed 10 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: 6.3 FTE, total assets €540,611
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1240 sector peers (2025).
NBB · sector comparison
Position among 1240 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
10 days late
2024
53 days late
2023
27 days late
2022
23 days late
2021
31 days late
2020
51 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€66,919 View
  • Caution: Lower solvency than 95% of companies in fabricated metal productssector median 46.4% · 1,240 companies -12.4% View
  • Positive: Back in profit in 2025after a loss of €169,008 in 2024 €13,792 View
  • Board changedlatest change 11-03-2026 · 0 in office 1 joined · 2 left View

Recent changes

  1. · Gazette deed Resignation: Adrien CORMAN (managing director)Appointment: ACindustry (managing director) · Permanent representative: Michel Pumelle
  2. · Gazette deed Resignation: MichelPurnelle (director)
  3. · Gazette deed Appointment: Adrien CORMAN (director)
All 16 events

Comparable companies

These companies have the same main activity as CREA'INOX: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €485,000 and €780,000, founded between 2013 and 2019.

CompanyTotal assetsGross margin
CREA'INOX Visé€540,611€312,873
CONSTRUCTION, ENTRETIEN, TUYAUTERIE INDUSTRIELLE Seraing€531,425€490,336
PI CONSTRUCTIONS Bree€727,695€430,631
DE RYCKE METAALCONSTRUCTIES Beveren-Kruibeke-Zwijndrecht€552,515€518,022
RR Projects Plus Genk€780,366€361,371
DJS INDUSTRIE Beloeil€485,457€457,135
E & A CONSTRUCT Genk€647,141€431,909
Full comparison

Key facts about CREA'INOX

What is the company number of CREA'INOX?
The company number of CREA'INOX is 0678.999.208. The VAT number is the same number with BE in front: BE 0678.999.208.
Where is CREA'INOX based?
The registered office is at Avenue Franklin Roosevelt(VIS) 52, 4600 Visé.Company details
What does CREA'INOX do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of CREA'INOX?
The legal form of CREA'INOX is Private limited company (BV).
When was CREA'INOX founded?
CREA'INOX was founded on 31-07-2017.
Is CREA'INOX still active?
Yes, CREA'INOX is an active enterprise in the KBO register.
How many employees does CREA'INOX have?
CREA'INOX had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CREA'INOX?
The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €312,873 and 2,283 comparable companies of the same size. It probably lies between €440,000 and €1.3m. It is a rough estimate.
Is CREA'INOX profitable?
In financial year 2025, CREA'INOX made a profit of €13,792.
Where can I find the annual accounts of CREA'INOX?
CREA'INOX filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREA'INOX due?
CREA'INOX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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