CREADIDAC
ActiveSummary
CREADIDAC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €36k. Equity is shrinking by ~34.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 38% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+29
Solvency69▲+67
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 0.63 in 2024; short-term debt: 56% and cash: 36.8% of total assets), but 56.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
43.5%
Return on assets
70.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
18 d early
2023
44 d early
2022
10 d early
2021
21 d early
2020
on the day
2019
52 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
Financials · fiscal year 2025, micro schema
Equity
€22k
2024 · €-14k
2018: €23khighest in 8 years
2019: €19k▼ -18.3% vs 2018
2020: €1k▼ -94.4% vs 2019
2021: €7k▲ +526% vs 2020
2022: €3k▼ -50.4% vs 2021
2023: €-15k▼ -566% vs 2022lowest in 8 years
2024: €-14k▲ +8.3% vs 2023
2025: €22k▲ +262% vs 2024
2018 → 2025
Total assets
€51k▼ 12.9%
2024 · €59k
2018: €104khighest in 8 years
2019: €90k▼ -13.4% vs 2018
2020: €82k▼ -9.4% vs 2019
2021: €69k▼ -15.4% vs 2020
2022: €62k▼ -10.0% vs 2021
2023: €67k▲ +8.7% vs 2022
2024: €59k▼ -12.5% vs 2023
2025: €51k▼ -12.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€36k▲ 2,802%
2024 · €1k
2018: €3k
2019: €-4k▼ -252% vs 2018
2020: €-18k▼ -322% vs 2019
2021: €5k▲ +131% vs 2020
2022: €-3k▼ -160% vs 2021
2023: €-18k▼ -457% vs 2022lowest in 8 years
2024: €1k▲ +107% vs 2023
2025: €36k▲ +2802% vs 2024highest in 8 years
2018 → 2025
Working capital
€18k
2024 · €-27k
2018: €-16k
2019: €-9k▲ +42.2% vs 2018
2020: €-16k▼ -65.2% vs 2019
2021: €-3k▲ +80.6% vs 2020
2022: €1k▲ +134% vs 2021
2023: €-34k▼ -3427% vs 2022lowest in 8 years
2024: €-27k▲ +21.2% vs 2023
2025: €18k▲ +170% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€3k▼ 50.4%€-15k€-14k▲ 8.3%€22k
2021: €7k
2022: €3k▼ -50.4% vs 2021
2023: €-15k▼ -566% vs 2022lowest in 5 years
2024: €-14k▲ +8.3% vs 2023
2025: €22k▲ +262% vs 2024highest in 5 years
Operating result€8k-€-543€-16k▼ 2,893%€3k€50k▲ 1,621%
2021: €8k
2022: €-543▼ -106% vs 2021
2023: €-16k▼ -2893% vs 2022lowest in 5 years
2024: €3k▲ +118% vs 2023
2025: €50k▲ +1621% vs 2024highest in 5 years
Net result€5k-€-3k€-18k▼ 457%€1k€36k▲ 2,802%
2021: €5k
2022: €-3k▼ -160% vs 2021
2023: €-18k▼ -457% vs 2022lowest in 5 years
2024: €1k▲ +107% vs 2023
2025: €36k▲ +2802% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,621% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€4k ▼ 69.8%
Current assets
€47k ▲ 4.4%
Equity and liabilities €51k
Equity
€22k
Debt
€29k
Debt finances 56.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€52k▲
2024 · €10k
Cash flow
€38k▲
2024 · €8k
Current ratio
1.64▲
2024 · 0.63
Debt to equity
1.30▲
2024 · -5.28
ROE
161.6%
ROA
70.4%▲
2024 · 2.1%
Interest coverage
43.27▲
2024 · 6.11
Debt ≤ 1 year
€29k▼
2024 · €72k
Income taxes
€13k▲
2024 · €270
Staff costs
€2k▼
2024 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€59k€51k▼
Fixed assets21/28€14k€4k▼
Tangible fixed assets22/27€14k€4k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€13k€785▼
Other tangible fixed assets26€377€3k▲
Current assets29/58€45k€47k▲
Amounts receivable within one year40/41€34k€23k▼
Trade receivables40€32k€18k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€5k€19k▲
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€59k€51k▼
Equity10/15€-14k€22k▲
Contributions10/11€22k€22k=
Profit (loss) carried forward14€-36k€385▲
Amounts payable17/49€73k€29k▼
Amounts payable within one year42/48€72k€29k▼
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€1k€2k▲
Remuneration and social security454/9€9k-
Other amounts payable47/48€58k€22k▼
Accrued charges and deferred income492/3€971€252▼
Income statement
Code20242025
Remuneration, social security and pensions62€81k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€1k€6k▲
Gross operating margin9900€92k€60k▼
Operating profit (loss)9901€3k€50k▲
Financial income75/76B€186€1▼
Recurring financial income75€186€1▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€49k▲
Income taxes67/77€270€13k▲
Profit (loss) for the period9904€1k€36k▲
Profit (loss) for the period to be appropriated9905€1k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€385▲
Profit (loss) brought forward from the previous period14P€-37k€-36k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €85k | €68k | €91k | €81k | €2k | ▼ 97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €3k | €7k | €2k | ▼ 74.7% |
| Other operating charges640/8 | €1k | €1k | €939 | €1k | €6k | ▲ 349% |
| Gross operating margin9900 | €102k | €76k | €79k | €92k | €60k | ▼ 34.3% |
| Operating profit (loss)9901 | €8k | €-543 | €-16k | €3k | €50k | ▲ 1,621% |
| Financial income75/76B | €16 | €3 | €0 | €186 | €1 | ▼ 99.3% |
| Recurring financial income75 | €16 | €3 | €0 | €186 | €1 | ▼ 99.3% |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €1k | ▼ 24.5% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €1k | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €6k | €-2k | €-18k | €2k | €49k | ▲ 3,137% |
| Income taxes67/77 | €323 | €1k | €254 | €270 | €13k | ▲ 4,681% |
| Profit (loss) for the period9904 | €5k | €-3k | €-18k | €1k | €36k | ▲ 2,802% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-3k | €-18k | €1k | €36k | ▲ 2,802% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €62k | €67k | €59k | €51k | ▼ 12.9% |
| Fixed assets21/28 | €11k | €4k | €20k | €14k | €4k | ▼ 69.8% |
| Tangible fixed assets22/27 | €11k | €4k | €20k | €14k | €4k | ▼ 69.8% |
| Land and buildings22 | €4k | - | - | - | - | - |
| Plant, machinery and equipment23 | €364 | - | €0 | €0 | €0 | - |
| Furniture and vehicles24 | €1k | €382 | €18k | €13k | €785 | ▼ 94.1% |
| Other tangible fixed assets26 | €5k | €4k | €2k | €377 | €3k | ▲ 793% |
| Current assets29/58 | €58k | €58k | €48k | €45k | €47k | ▲ 4.4% |
| Amounts receivable within one year40/41 | €29k | €36k | €32k | €34k | €23k | ▼ 34.1% |
| Trade receivables40 | €29k | €36k | €31k | €32k | €18k | ▼ 42.9% |
| Other amounts receivable41 | - | - | €996 | €3k | €5k | ▲ 61.6% |
| Cash at bank and in hand54/58 | €21k | €2k | €7k | €5k | €19k | ▲ 287% |
| Deferred charges and accrued income490/1 | €8k | €20k | €9k | €6k | €6k | ▼ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €62k | €67k | €59k | €51k | ▼ 12.9% |
| Equity10/15 | €7k | €3k | €-15k | €-14k | €22k | ▲ 262% |
| Contributions10/11 | €20k | €20k | €22k | €22k | €22k | = |
| Reserves13 | €2k | €2k | - | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €-15k | €-19k | €-37k | €-36k | €385 | ▲ 101% |
| Amounts payable17/49 | €63k | €59k | €83k | €73k | €29k | ▼ 60.1% |
| Amounts payable within one year42/48 | €61k | €57k | €81k | €72k | €29k | ▼ 59.9% |
| Financial debts43 | €8k | €8k | €4k | €1k | - | - |
| Credit institutions430/8 | €8k | €8k | €4k | €1k | - | - |
| Trade debts44 | €5k | €11k | €2k | €3k | €5k | ▲ 74.1% |
| Suppliers440/4 | €5k | €11k | €2k | €3k | €5k | ▲ 74.1% |
| Taxes, remuneration and social security45 | €13k | €10k | €12k | €10k | €2k | ▼ 83.5% |
| Taxes450/3 | €3k | €2k | €1k | €1k | €2k | ▲ 39.7% |
| Remuneration and social security454/9 | €10k | €8k | €11k | €9k | - | - |
| Other amounts payable47/48 | €35k | €27k | €63k | €58k | €22k | ▼ 61.5% |
| Accrued charges and deferred income492/3 | €2k | €2k | €1k | €971 | €252 | ▼ 74.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-3k | €-18k | €1k | €36k | ▲ 2,802% |
| + Depreciation and write-downs630 | €7k | €7k | €3k | €7k | €2k | ▼ 74.7% |
| Operating cash flow (approximation) | €13k | €4k | €-16k | €8k | €38k | ▲ 370% |
| Investment in fixed assets (approximation) | - | €0 | €-18k | €-724 | €8k | ▲ 1,190% |
| Change in cash | - | €-19k | €5k | €-2k | €14k | ▲ 838% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €36k ▲2,802%
Operating result €50k, net result €36k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.64
Current ratio from 0.63 to 1.64; short-term debt falls from €72k to €29k.
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
Show earlier events
2019
17-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 17 days late
2018
26-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
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, Ukkel · 3 establishment units since 1990
Ground area
6,151 m²
Building footprint
1,190 m²
Volume, LiDAR
16,259 m³
3 parcels, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Créadidac
since 19902.046.937.253
Créadidac
since 20152.245.682.434
Créadidac
since 20262.393.609.513
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00W002 | Brussels | 3,714 m² | 1 · 996 m² | 17.8 m · 5 fl. |
| 21612D0273/00B002 | Brussels | 2,078 m² | 1 · 59 m² | 12.9 m · 4 fl. |
| 21016B0276/00R040 | Brussels | 358 m² | 1 · 134 m² | 18.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 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 12,173 companies in sector 69201 we hold annual accounts for 7,638. 4,616 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
Founded01-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.