CREA=T=E
ActiveSummary
CREA=T=E has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,798 and a net result of €29,849. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency71▲+53
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 0.69 in 2024; short-term debt: 53.8% and cash: 84.8% of total assets), but 53.8% of the assets are financed with debt.
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Signals
Four 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
46.2%
Return on assets
49.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 3 filingsDeviation from the deadline
2025
17 d late
2024
28 d late
2023
9 d early
← 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 12 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€27,798
2024 · -€2,051
Total assets
€60,163▲ 115%
2024 · €28,006
Net result
€29,849
2024 · -€33,116
Working capital
€23,025
2024 · -€9,301
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€36,870--€31,991€32,310
Net result€24,065--€33,116€29,849
Equity€31,065--€2,051€27,798
Total assets€48,342-€28,006▼ 42.1%€60,163▲ 115%
Debt€17,277-€30,057▲ 74.0%€32,365▲ 7.7%
Working capital€21,337--€9,301€23,025
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32,310 after a loss of €31,991 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,163
Fixed assets
€4,773 ▼ 34.2%
Current assets
€55,390 ▲ 167%
Equity and liabilities €60,163
Equity
€27,798
Debt
€32,365
Debt finances 53.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€34,787▲
2024 · -€29,514
Cash flow
€32,326▲
2024 · -€30,638
Current ratio
1.71▲
2024 · 0.69
Debt to equity
1.16▲
2024 · -14.65
ROE
107.4%
ROA
49.6%▲
2024 · -118.2%
Interest coverage
49.87▲
2024 · -33.11
Debt ≤ 1 year
€32,365▲
2024 · €30,057
Income taxes
€1,763▲
2024 · €233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,660 | €2,478 | €2,478 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,496 | €0 | ▼ 100% |
| Other operating charges640/8 | €743 | €242 | €863 | ▲ 257% |
| Gross operating margin9900 | €40,273 | -€27,776 | €35,651 | ▲ 228% |
| Operating profit (loss)9901 | €36,870 | -€31,991 | €32,310 | ▲ 201% |
| Financial charges65/66B | €1,530 | €891 | €698 | ▼ 21.7% |
| Recurring financial charges65 | €1,530 | €891 | €698 | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €35,340 | -€32,883 | €31,612 | ▲ 196% |
| Income taxes67/77 | €11,275 | €233 | €1,763 | ▲ 657% |
| Profit (loss) for the period9904 | €24,065 | -€33,116 | €29,849 | ▲ 190% |
| Profit (loss) for the period to be appropriated9905 | €24,065 | -€33,116 | €29,849 | ▲ 190% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €48,342 | €28,006 | €60,163 | ▲ 115% |
| Fixed assets21/28 | €9,728 | €7,250 | €4,773 | ▼ 34.2% |
| Tangible fixed assets22/27 | €9,728 | €7,250 | €4,773 | ▼ 34.2% |
| Plant, machinery and equipment23 | €2,196 | €1,618 | €1,039 | ▼ 35.8% |
| Furniture and vehicles24 | €7,531 | €5,632 | €3,733 | ▼ 33.7% |
| Current assets29/58 | €38,614 | €20,756 | €55,390 | ▲ 167% |
| Amounts receivable within one year40/41 | €2,000 | €2,422 | €4,367 | ▲ 80.3% |
| Trade receivables40 | €2,000 | €0 | €4,053 | - |
| Other amounts receivable41 | - | €2,422 | €314 | ▼ 87.0% |
| Cash at bank and in hand54/58 | €35,755 | €16,986 | €51,023 | ▲ 200% |
| Deferred charges and accrued income490/1 | €860 | €1,348 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €48,342 | €28,006 | €60,163 | ▲ 115% |
| Equity10/15 | €31,065 | -€2,051 | €27,798 | ▲ 1,455% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €24,065 | €23,000 | €23,000 | = |
| Distributable reserves133 | €24,065 | €23,000 | €23,000 | = |
| Profit (loss) carried forward14 | - | -€32,051 | -€2,202 | ▲ 93.1% |
| Amounts payable17/49 | €17,277 | €30,057 | €32,365 | ▲ 7.7% |
| Amounts payable within one year42/48 | €17,277 | €30,057 | €32,365 | ▲ 7.7% |
| Trade debts44 | - | €178 | €289 | ▲ 62.0% |
| Suppliers440/4 | - | €178 | €289 | ▲ 62.0% |
| Taxes, remuneration and social security45 | €3,877 | €11,508 | €12,059 | ▲ 4.8% |
| Taxes450/3 | €3,877 | €11,508 | €12,059 | ▲ 4.8% |
| Other amounts payable47/48 | €13,400 | €18,371 | €20,017 | ▲ 9.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,065 | -€33,116 | €29,849 | ▲ 190% |
| + Depreciation and write-downs630 | €2,660 | €2,478 | €2,478 | = |
| Operating cash flow (approximation) | €26,725 | -€30,638 | €32,326 | ▲ 206% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€18,769 | €34,037 | ▲ 281% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Back to profitnet €29,849
Net result €29,849 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.71
Current ratio from 0.69 to 1.71.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€33,116
Net result drops to -€33,116, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oud-Heverlee · 1 establishment unit since 2022
Ground area
1,104 m²
Building footprint
217 m²
Volume, LiDAR
1,036 m³
Parcel 24086C0284/00K000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CREA=T=E
since 20222.331.229.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24086C0284/00K000 | Flanders | 1,104 m² | 1 · 217 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
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POSECO
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DAZE LABS
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SYNA
BE 0651.772.890
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CMS Developers
BE 0651.767.249
Tervuren · Eq €27,847
Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 6,292 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0785611809
Also
9925:BE0785611809
Registered
09-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.