CREAconstruct
ActiveSummary
CREAconstruct has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 50% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+25
Solvency79▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.81 in 2024; short-term debt: 44.4% and cash: 64.7% of total assets), and 46% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
54%
Return on assets
4.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
53 d late
2023
51 d late
2022
57 d late
2021
422 d late
2020
111 d late
2019
94 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k
2024 · €-5k
Working capital
€54k▲ 17.0%
2024 · €46k
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
Line20212022202320242025
Operating result€-9k€4k€3k▼ 2.6%€-2k€7k
Net result€-10k€2k€2k▲ 26.6%€-5k€6k
Equity€63k▼ 13.5%€64k▲ 2.6%€66k▲ 3.2%€61k▼ 8.0%€67k▲ 9.3%
Total assets€110k▼ 28.3%€140k▲ 27.9%€152k▲ 8.5%€131k▼ 13.6%€124k▼ 5.8%
Debt€47k▼ 41.7%€76k▲ 61.9%€86k▲ 12.9%€70k▼ 18.0%€57k▼ 18.9%
Working capital€57k▼ 10.3%€43k▼ 25.5%€48k▲ 13.3%€46k▼ 5.1%€54k▲ 17.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€15k ▼ 47.4%
Current assets
€109k ▲ 5.7%
Equity and liabilities €124k
Equity
€67k ▲ 9.3%
Debt
€57k ▼ 18.9%
Debt's share of the balance-sheet total falls from 53.4% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2024 · €12k
Cash flow
€19k▲
2024 · €9k
Current ratio
1.98▲
2024 · 1.81
Quick ratio
1.82▲
2024 · 1.50
Debt to equity
0.85▼
2024 · 1.15
ROE
8.5%▲
2024 · -8.7%
ROA
4.6%▲
2024 · -4.0%
Interest coverage
12.66▲
2024 · 4.23
Debt ≤ 1 year
€55k▼
2024 · €57k
Debt > 1 year
€2k▼
2024 · €13k
Income taxes
€956▲
2024 · €185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €64k | €26k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €12k | €15k | €14k | €13k | ▼ 4.3% |
| Other operating charges640/8 | €1k | €1k | €713 | €2k | €623 | ▼ 68.0% |
| Gross operating margin9900 | €61k | €43k | €19k | €14k | €21k | ▲ 53.2% |
| Operating profit (loss)9901 | €-9k | €4k | €3k | €-2k | €7k | ▲ 382% |
| Financial income75/76B | - | - | - | - | €2k | - |
| Recurring financial income75 | - | - | - | - | €2k | - |
| Non-recurring financial income76B | - | - | - | - | €2k | - |
| Financial charges65/66B | €1k | €2k | €1k | €3k | €2k | ▼ 42.0% |
| Recurring financial charges65 | €1k | €2k | €1k | €3k | €2k | ▼ 42.0% |
| Profit (loss) for the period before taxes9903 | €-10k | €2k | €2k | €-5k | €7k | ▲ 230% |
| Income taxes67/77 | €117 | €168 | €195 | €185 | €956 | ▲ 415% |
| Profit (loss) for the period9904 | €-10k | €2k | €2k | €-5k | €6k | ▲ 207% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €2k | €2k | €-5k | €6k | ▲ 207% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €110k | €140k | €152k | €131k | €124k | ▼ 5.8% |
| Fixed assets21/28 | €5k | €57k | €42k | €28k | €15k | ▼ 47.4% |
| Intangible fixed assets21 | €935 | €717 | €499 | €281 | €63 | ▼ 77.7% |
| Tangible fixed assets22/27 | €4k | €56k | €42k | €28k | €15k | ▼ 47.3% |
| Plant, machinery and equipment23 | €3k | €2k | €758 | €269 | - | - |
| Furniture and vehicles24 | €1k | €4k | €2k | €1k | €558 | ▼ 57.4% |
| Leasing and similar rights25 | - | €51k | €38k | €26k | €14k | ▼ 46.3% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €104k | €83k | €110k | €103k | €109k | ▲ 5.7% |
| Stocks and contracts in progress3 | €31k | €31k | €25k | €18k | €9k | ▼ 50.0% |
| Contracts in progress37 | €31k | €31k | €25k | €18k | €9k | ▼ 50.0% |
| Amounts receivable within one year40/41 | €29k | €21k | €14k | €12k | €20k | ▲ 73.6% |
| Trade receivables40 | €24k | €17k | €14k | €11k | €20k | ▲ 75.4% |
| Other amounts receivable41 | €4k | €4k | €277 | €277 | €277 | = |
| Cash at bank and in hand54/58 | €45k | €31k | €70k | €74k | €80k | ▲ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €110k | €140k | €152k | €131k | €124k | ▼ 5.8% |
| Equity10/15 | €63k | €64k | €66k | €61k | €67k | ▲ 9.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Outside capital11 | €20k | €20k | €20k | - | - | - |
| Other1109/19 | €20k | €20k | €20k | - | - | - |
| Reserves13 | €17k | €17k | €17k | €17k | €17k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €26k | €28k | €30k | €25k | €30k | ▲ 23.2% |
| Amounts payable17/49 | €47k | €76k | €86k | €70k | €57k | ▼ 18.9% |
| Amounts payable after more than one year17 | - | €35k | €24k | €13k | €2k | ▼ 85.6% |
| Financial debts170/4 | - | €35k | €24k | €13k | €2k | ▼ 85.6% |
| Amounts payable within one year42/48 | €47k | €40k | €61k | €57k | €55k | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €11k | €11k | €11k | €11k | ▲ 1.3% |
| Trade debts44 | €20k | €6k | €12k | €12k | €4k | ▼ 63.6% |
| Suppliers440/4 | €20k | €6k | €12k | €12k | €4k | ▼ 63.6% |
| Taxes, remuneration and social security45 | €6k | €292 | €9k | €6k | €9k | ▲ 52.0% |
| Taxes450/3 | €4k | €292 | €9k | €6k | €9k | ▲ 52.0% |
| Remuneration and social security454/9 | €2k | - | - | - | - | - |
| Other amounts payable47/48 | €21k | €23k | €29k | €28k | €31k | ▲ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €2k | €2k | €-5k | €6k | ▲ 207% |
| + Depreciation and write-downs630 | €4k | €12k | €15k | €14k | €13k | ▼ 4.3% |
| Operating cash flow (approximation) | €-6k | €14k | €17k | €9k | €19k | ▲ 120% |
| Investment in fixed assets (approximation) | - | €-64k | €0 | €0 | €0 | - |
| Change in cash | - | €-13k | €39k | €4k | €6k | ▲ 57.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 422 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 111 days late
2020
31-12
Financial
Highest result since 2018net €11k ▲189%
Operating result €15k, net result €11k, both a record.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 94 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Tournai · 1 establishment unit since 2013
Ground area
3,326 m²
Building footprint
299 m²
Volume, LiDAR
2,004 m³
2 parcels, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Crampon(TOU) 180, 7500 Tournai
since 20132.221.320.883
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0111/00W005 | Wallonia | 1,748 m² | 1 · 108 m² | 10.2 m · 3 fl. |
| 57057C0155/00F000 | Wallonia | 1,578 m² | 1 · 191 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 809 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 (pre-2019)
Founded14-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.