Skip to content

CREA - LINE

Active
Private limited companyfounded 1993active for 33 yearsVan Hoordestraat 41, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0450.637.155
Summary

The computed 12-month bankruptcy probability of CREA - LINE is 1.7% (moderate). The 2025 annual accounts show equity of €22,411 and a net result of €7,996. Equity has been shrinking by about 14% per year since 2019. Its solvency ranks better than 32% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-07-1993 Normal situation
Activity
Roofing work NACE 43410and 3 others
Establishment units
2.064.456.740 1030 Schaarbeek, since 30-11-1993
2.383.090.159 1030 Schaarbeek, since 05-01-2026
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Board and ownership

Board
Shareholders
  • Jacques WESELannual accounts 30-06-2018

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€15,247
Turnover
≈ €180,000
estimated
Profit
€7,996
Equity
€22,411
Total assets
€74,814
  • 2025 accounts filed 53 days after the deadline
Filed on 22-09-2026
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Last filed accounts filed 53 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.93, cash €84, halvedlowers riskFounded in 1993Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 55-45
equity 30.0% of total assets
Liquidity 13-41
short-term debt 70.0% · cash 0.1%
Profitability 82+82
return on assets 10.7%
Bankruptcy probability within 12 months
1.7% 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% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.7%▲ +0.5 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 1.0%▲ +0.2 percentage points vs 12-2025 02-2026: 1.3%▲ +0.3 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.6 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%▲ +0.4 percentage points vs 05-2026 07-2026: 4.3%▲ +1.9 percentage points vs 06-2026 08-2026: 4.3%● unchanged vs 07-2026 09-2026: 4.3%● unchanged vs 08-2026highest value 10-2026: 1.7%▼ -2.6 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.93 (8.63 in 2024), below 1. Short-term debt is 70% and cash 0.1% of total assets. 70% of the assets are financed with debt and provisions.
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 43, micro). It does better than 32% of them on solvency, 7% on liquidity and 64% on profitability.

The bankruptcy probability was computed on 01-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 53 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.93, cash €84, halved
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €22,411
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 10 filings
Deviation from the deadline
2025
53 days late
2024
59 days early
2023
39 days early
2022
33 days early
2021
61 days early
2020
53 days early
2019
40 days early
← 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 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Reappointment: Mehmed Sebat (director)
  2. · Gazette deed Resignation: Wesel Jacques (director)Appointment: MEHMED Sebat (director)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as CREA - LINE: roofing work (NACE 43410). They are comparable in size and age: total assets between €60,500 and €80,500, founded between 1991 and 2003.

CompanyTotal assetsGross margin
CREA - LINE Schaarbeek€74,814€15,247
TOITURES DE RIDDER & FILS Mettet€74,577€17,242
GLISO Zulte€65,594€16,632
ABRIS-TOIT 2000 Schaarbeek€80,499€13,616
ALGEMENE DAK-, GEVEL- EN ZINKWERKEN GEBROEDERS ROMBAUX Roosdaal€73,993€14,920
RENODI Nijlen€60,521€17,198
YANNIO Mont-de-l'Enclus€64,386€14,339
Full comparison

Key facts about CREA - LINE

What is the company number of CREA - LINE?
The company number of CREA - LINE is 0450.637.155. The VAT number is the same number with BE in front: BE 0450.637.155.
Where is CREA - LINE based?
The registered office is at Van Hoordestraat 41, 1030 Schaarbeek.Company details
What does CREA - LINE do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of CREA - LINE?
The legal form of CREA - LINE is Private limited company (BV).
When was CREA - LINE founded?
CREA - LINE was founded on 29-07-1993.
Is CREA - LINE still active?
Yes, CREA - LINE is an active enterprise in the KBO register.
What is the turnover of CREA - LINE?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €15,247 and 31 comparable companies (NACE 43410). It probably lies between €100,000 and €280,000. It is a rough estimate. In financial year 2024 turnover was €6,881.Financials
Is CREA - LINE profitable?
In financial year 2025, CREA - LINE made a profit of €7,996.
Where can I find the annual accounts of CREA - LINE?
CREA - LINE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.