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CREACOP

Active
Coöperatieve vennootschap (oud statuut)founded 1989active for 37 yearsRue Salzinnes les Moulins 319, 5000 Namur, BelgiumKBO/BCE: BE 0438.539.275
Summary

The computed 12-month bankruptcy probability of CREACOP is 12.7% (high). For CREACOP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€75,737) and a net result of €4,516. Equity remains stable across the filed financial years (±0.4% per year). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
“La création, le lancement et l'exploitation en Belgique ou à l'étranger, pour même ou…” (deed in French)
From the articles, 10 activitiesNo NACE code in the KBO yet1 site
Size
€27,900total assets 2023
Equity
-€75,737
Profit
€4,516
Financial health
Bankruptcy probabilitywithin 12 months
12.7%
2023 figures too old to score
Structure
Accounts 440 days overdue1 of 8 deeds read
Signalsraises riskFigures for financial year 2023 (filed 27-02-2025)2 financial years not filed after the legal deadline; latest accounts 209 days late; 2 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filedFiled more than 90 days latelowers riskFounded in 1989Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -271.5% of total assets
Liquidity 11+3
short-term debt 292.4% · cash 8.9%
Profitability 89+89
return on assets 16.2%
Bankruptcy probability, 12 months
12.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.2% 12-2024: 7.4%▲ +1.2 percentage points vs 11-2024 01-2025: 11.5%▲ +4.1 percentage points vs 12-2024 02-2025: 11.5%● unchanged vs 01-2025 03-2025: 1.5%▼ -10.0 percentage points vs 02-2025lowest value 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 2.0%▲ +0.3 percentage points vs 06-2025 08-2025: 2.6%▲ +0.6 percentage points vs 07-2025 09-2025: 2.8%▲ +0.2 percentage points vs 08-2025 10-2025: 7.8%▲ +5.0 percentage points vs 09-2025 11-2025: 7.4%▼ -0.4 percentage points vs 10-2025 12-2025: 8.6%▲ +1.2 percentage points vs 11-2025 01-2026: 11.8%▲ +3.2 percentage points vs 12-2025 02-2026: 11.8%● unchanged vs 01-2026 03-2026: 12.2%▲ +0.4 percentage points vs 02-2026 04-2026: 11.8%▼ -0.4 percentage points vs 03-2026 05-2026: 11.8%● unchanged vs 04-2026 06-2026: 11.8%● unchanged vs 05-2026 07-2026: 11.8%● unchanged vs 06-2026 08-2026: 12.7%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 12.7%● unchanged vs 08-2026highest value 10-2026: 12.7%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 27-02-2025)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 209 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-02-2025, 209 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
209 days late
2022
205 days late
2021
54 days early
2020
54 days early
2019
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 63 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Claude VONECHE (manager) and Hugues…Appointment: Claude VONECHE (director) ·…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 440 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€75,737 View
  • Positive: Back in profit in 2023after -€53,695 in 2022 €4,516 View

By topic

Financials

Financial year
2023
Total assets
€27,900
Profit
€4,516
Solvency
-271.5%
Total assets▼ 6.3%
Net result
20182023
Go to Financials

Timeline

Events
39
Since
1991
  1. 31-12-2023Back to profit
  2. 31-12-2022Weakest financial year
  3. 07-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap (oud statuut)
Founded
01-10-1989
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
42
Who signs
Each director alone
Annual meeting
First Friday of June at 20:00
Purpose
“La création, le lancement et l'exploitation en Belgique ou à l'étranger, pour même ou pour…” (deed in French)
Go to Articles of association

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