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Crea-RE De Panne

Active
Private limited companyfounded 2014active for 11 yearsVeurnelaan(Kok) 104, 8670 Koksijde, BelgiumKBO/BCE: BE 0505.979.714
Summary

Crea-RE De Panne has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€609,026) and a net result of -€491,638. Equity has been shrinking by about 49% per year since 2018. Its solvency ranks better than 9% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 05-12-2014 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.237.716.259 8670 Koksijde, since 01-01-2015
Financial year end
30 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
Shareholders

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 30-12-2025
Gross margin
-€490,116
Loss
€491,638
Equity
-€609,026
▼ 419%
Total assets
€3.8m
▼ 4.5%
  • Negative equity on 30-12-2025
Turnover not published (abbreviated or micro format)
Filed on 25-06-2026, 35 days before the deadline
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 1.91, cash €2,464, halvedNegative equity -€609,026Loss of €491,638 (financial year 2025)lowers riskSize: total assets €3.8mShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 6% of small companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 9-13
equity -16.1% of total assets
Liquidity 24-3
short-term debt 52.3% · cash 0.1%
Profitability 5-33
return on assets -13.0%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.8 percentage points vs 09-2026highest value 11-2026: 1.4%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 1.91 (2.07 in 2024), above the usual 1.5. Short-term debt is 52.3% and cash 0.1% of total assets. However, 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 68, small). It does better than 4% of them on solvency, 18% on liquidity, 2% on profitability and 1% on growth.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.91, cash €2,464, halved
NBB · annual accounts
lowers risk · Size: total assets €3.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€609,026
NBB · annual accounts
raises risk · Loss of €491,638 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€609,026
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 25-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
76 days early
2023
75 days early
2022
53 days early
2021
30 days early
2020
99 days early
2019
27 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 49 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 7 June (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 today30-12-2026 year end30-07-2027 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 -€609,026 View
  • Caution: Equity fell in 2025from -€117,388 to -€609,026 ▼ 419% View
  • Caution: Lower net result than 95% of companies in real estatesector median €10,001 · 11,250 companies -€491,638 View
  • Board changedlatest change 22-07-2026 · 3 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Permanent representatives: Alain Renders and Hubert van LaerenAppointments: Alain Renders Beheer (bijkomend niet statutair bestuurder) and Hubert Van Laeren (bijkomend niet statutair bestuurder) · Resignation: ’t GEWAT NV (director)
  2. · Gazette deed Permanent representatives: OYAERT Dirk and SOENS Bernard
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Crea-RE De Panne: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.1m and €4.4m, founded between 2013 and 2016.

CompanyTotal assetsGross margin
Crea-RE De Panne Koksijde€3.8m-€0.5m
Plan 40 Anzegem€3.4m€344
C&N Invest Torhout€3.7m-€0.01m
LINTOO PROJECTS Menen€4.2m-€0.06m
NOVA MONS CONSTRUCTION Waregem€4.4m-€0.005m
ELD PROJECTS Knokke-Heist€3.1m-€0.03m
VLASMARKT La Hulpe€3.8m-€0.09m
Full comparison

Key facts about Crea-RE De Panne

What is the company number of Crea-RE De Panne?
The company number of Crea-RE De Panne is 0505.979.714. The VAT number is the same number with BE in front: BE 0505.979.714.
Where is Crea-RE De Panne based?
The registered office is at Veurnelaan(Kok) 104, 8670 Koksijde.Company details
What does Crea-RE De Panne do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Crea-RE De Panne?
The legal form of Crea-RE De Panne is Private limited company (BV).
When was Crea-RE De Panne founded?
Crea-RE De Panne was founded on 05-12-2014.
Is Crea-RE De Panne still active?
Yes, Crea-RE De Panne is an active enterprise in the KBO register.
What is the turnover of Crea-RE De Panne?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Crea-RE De Panne profitable?
In financial year 2025, Crea-RE De Panne made a loss of €491,638.
Where can I find the annual accounts of Crea-RE De Panne?
Crea-RE De Panne filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Crea-RE De Panne due?
Crea-RE De Panne must file the annual accounts for financial year 2026 by 30-07-2027.Timeline

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