Summary
CREADIV is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €86.2m and a net result of €5.0m. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 95% of 6,648 sector peers (NACE 64, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
In the rankings
#1 company by total assets in Lubbeek, Finance and insurance sector#1 company by equity in Lubbeek, Finance and insurance sector#4 oldest company in Lubbeek, Finance and insurance sector
Equity
€86.2m▲ 2.6%
2024 · €84.0m
Net result
€5.0m▲ 2.7%
2024 · €4.9m
Total assets
€87.1m▲ 2.4%
2024 · €85.0m
Solvency
99.0%▲ 0.2pp
2024 · 98.8%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €770,414 in 2025 against €362,665 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.8m
2025
Net result€5.0m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€87.1m
2025
Equity€86.2m
2025
Debt€0.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€12.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency99.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio15.22
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.08m
Operating result-€0.1m--€0.08m▲ 29.5%€0.007m€0.002m▼ 67.3%-€0.04m-€0.1m▼ 179%-€0.4m▼ 195%-€0.8m▼ 112%
Net result€1.8m-€2.2m▲ 22.2%€2.1mabove the sector's middle half▼ 5.0%€2.6mabove the sector's middle half▲ 26.8%€2.6mabove the sector's middle half▼ 1.9%€2.9mabove the sector's middle half▲ 12.9%€4.9mabove the sector's middle half▲ 68.0%€5.0mabove the sector's middle half▲ 2.7%
Equity€51.9m-€51.5m▼ 0.7%€51.0mabove the sector's middle half▼ 1.0%€50.2mabove the sector's middle half▼ 1.5%€49.3mabove the sector's middle half▼ 1.7%€48.7mabove the sector's middle half▼ 1.2%€84.0mabove the sector's middle half▲ 72.4%€86.2mabove the sector's middle half▲ 2.6%
Total assets€53.4m-€52.0m▼ 2.7%€51.5mabove the sector's middle half▼ 1.0%€50.9mabove the sector's middle half▼ 1.2%€50.0mabove the sector's middle half▼ 1.7%€49.5mabove the sector's middle half▼ 1.0%€85.0mabove the sector's middle half▲ 71.7%€87.1mabove the sector's middle half▲ 2.4%
Debt€1.6m-€0.5m▼ 66.8%€0.5m▲ 1.0%€0.7m▲ 32.3%€0.7m▲ 2.2%€0.8m▲ 10.8%€1.0m▲ 29.1%€0.9m▼ 14.1%
Working capital€15.2m-€14.8m▼ 2.5%€14.3mabove the sector's middle half▼ 3.5%€14.3mabove the sector's middle half▲ 0.1%€13.4mabove the sector's middle half▼ 6.1%€12.8mabove the sector's middle half▼ 4.2%€10.2mabove the sector's middle half▼ 20.5%€12.4mabove the sector's middle half▲ 21.3%
Solvency97.0%-99.0%▲ 1.9pp99.0%above the sector's middle half=98.6%above the sector's middle half▼ 0.3pp98.6%above the sector's middle half▼ 0.1pp98.4%above the sector's middle half▼ 0.2pp98.8%above the sector's middle half▲ 0.4pp99.0%above the sector's middle half▲ 0.2pp
Current ratio10.59-29.19▲ 18.6027.91above the sector's middle half▼ 1.2821.41above the sector's middle half▼ 6.5019.76above the sector's middle half▼ 1.6617.56above the sector's middle half▼ 2.2011.13above the sector's middle half▼ 6.4315.22above the sector's middle half▲ 4.09
Return on assets (ROA)3.3%-4.2%▲ 0.9pp4.0%within the sector's middle half▼ 0.2pp5.2%within the sector's middle half▲ 1.1pp5.1%within the sector's middle half=5.9%within the sector's middle half▲ 0.7pp5.7%within the sector's middle half▼ 0.1pp5.8%within the sector's middle half=
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2024 Equity +72%, Total assets +72% on 2023. Capital increase of €34,171,021 (Official Gazette 02-10-2024).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87.1m
Fixed assets
€73.8m =
Current assets
€13.2m ▲ 18.1%
Equity and liabilities €87.1m
Equity
€86.2m ▲ 2.6%
Debt
€881,226 ▼ 14.1%
Debt's share of the balance-sheet total falls from 1.2% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
5.8%▲
2024 · 5.8%
Debt ≤ 1 year
€869,135▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0.08m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.07m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.005m | €0.006m | €0.008m | €0.02m | €0.001m | ▼ 93.4% |
| Gross operating margin9900 | -€0.1m | -€0.07m | €0.008m | €0.007m | -€0.04m | -€0.1m | -€0.3m | -€0.8m | ▼ 121% |
| Operating profit (loss)9901 | -€0.1m | -€0.08m | €0.007m | €0.002m | -€0.04m | -€0.1m | -€0.4m | -€0.8m | ▼ 112% |
| Financial income75/76B | - | - | - | €2.7m | €2.7m | €3.1m | €5.3m | €5.8m | ▲ 9.2% |
| Recurring financial income75 | €2.0m | €2.4m | €2.1m | €2.7m | €2.7m | €3.1m | €5.3m | €5.8m | ▲ 9.2% |
| Financial charges65/66B | - | - | - | €0.02m | €0.01m | €329 | €0.003m | €0.003m | ▲ 0.3% |
| Recurring financial charges65 | €0.001m | €480 | €0.001m | €0.02m | €0.01m | €329 | €0.003m | €0.003m | ▲ 0.3% |
| Profit (loss) for the period before taxes9903 | €1.9m | €2.3m | €2.1m | €2.7m | €2.6m | €3.0m | €4.9m | €5.0m | ▲ 1.7% |
| Income taxes67/77 | €0.1m | €0.1m | €0.07m | €0.05m | €0.05m | €0.1m | €0.05m | - | - |
| Profit (loss) for the period9904 | €1.8m | €2.2m | €2.1m | €2.6m | €2.6m | €2.9m | €4.9m | €5.0m | ▲ 2.7% |
| Profit (loss) for the period to be appropriated9905 | €1.8m | €2.2m | €2.1m | €2.6m | €2.6m | €2.9m | €4.9m | €5.0m | ▲ 2.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €53.4m | €52.0m | €51.5m | €50.9m | €50.0m | €49.5m | €85.0m | €87.1m | ▲ 2.4% |
| Fixed assets21/28 | €36.7m | €36.7m | €36.7m | €35.9m | €35.9m | €35.9m | €73.8m | €73.8m | = |
| Financial fixed assets28 | €36.7m | €36.7m | €36.7m | €35.9m | €35.9m | €35.9m | €73.8m | €73.8m | = |
| Current assets29/58 | €16.7m | €15.3m | €14.8m | €15.0m | €14.1m | €13.6m | €11.2m | €13.2m | ▲ 18.1% |
| Amounts receivable after more than one year29 | - | - | - | €2.8m | €2.1m | €2.1m | €1.8m | €0.9m | ▼ 48.9% |
| Other amounts receivable291 | - | - | - | €2.8m | €2.1m | €2.1m | €1.8m | €0.9m | ▼ 48.9% |
| Amounts receivable within one year40/41 | €0.4m | €0.8m | €0.7m | €1.1m | €3.5m | €0.5m | €1.1m | €1.1m | ▼ 0.6% |
| Trade receivables40 | - | - | - | €0.01m | €0.03m | €0.03m | €0.07m | €0.02m | ▼ 77.3% |
| Other amounts receivable41 | - | - | - | €1.1m | €3.5m | €0.5m | €1.0m | €1.0m | ▲ 4.6% |
| Current investments50/53 | €6.8m | €6.6m | €8.5m | €7.5m | €6.5m | €10.8m | €8.1m | €11.1m | ▲ 37.7% |
| Cash at bank and in hand54/58 | €3.3m | €4.1m | €2.6m | €3.5m | €1.9m | €0.04m | €0.1m | €0.03m | ▼ 78.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 29.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €53.4m | €52.0m | €51.5m | €50.9m | €50.0m | €49.5m | €85.0m | €87.1m | ▲ 2.4% |
| Equity10/15 | €51.9m | €51.5m | €51.0m | €50.2m | €49.3m | €48.7m | €84.0m | €86.2m | ▲ 2.6% |
| Contributions10/11 | €24.9m | €24.9m | €24.9m | €24.9m | €24.9m | €24.9m | €59.1m | €59.1m | = |
| Capital10 | - | - | - | €24.9m | €24.9m | €24.9m | €59.1m | €59.1m | = |
| Issued capital100 | - | - | - | €24.9m | €24.9m | €24.9m | €59.1m | €59.1m | = |
| Reserves13 | €24.1m | €24.2m | €24.6m | €24.6m | €23.4m | €22.4m | €22.6m | €22.9m | ▲ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €24.6m | €23.4m | €22.4m | €22.6m | €22.9m | ▲ 1.1% |
| Legal reserve130 | - | - | - | €2.5m | €2.5m | €2.5m | €2.7m | €3.0m | ▲ 9.2% |
| Other1319 | - | - | - | €22.1m | €20.9m | €19.9m | €19.9m | €19.9m | = |
| Profit (loss) carried forward14 | €2.9m | €2.4m | €1.4m | €0.6m | €1.0m | €1.4m | €2.3m | €4.2m | ▲ 84.9% |
| Amounts payable17/49 | €1.6m | €0.5m | €0.5m | €0.7m | €0.7m | €0.8m | €1.0m | €0.9m | ▼ 14.1% |
| Amounts payable within one year42/48 | €1.6m | €0.5m | €0.5m | €0.7m | €0.7m | €0.8m | €1.0m | €0.9m | ▼ 13.6% |
| Trade debts44 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.07m | €0.02m | ▼ 72.6% |
| Suppliers440/4 | - | - | - | €0.01m | €0.01m | €0.02m | €0.07m | €0.02m | ▼ 72.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.005m | €0.009m | €0.02m | €0.001m | ▼ 97.1% |
| Taxes450/3 | - | - | - | €0.001m | €0.005m | €0.009m | €0.02m | - | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.001m | - |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.7m | €0.9m | €0.9m | ▼ 7.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.003m | €0.02m | €0.02m | €0.01m | ▼ 37.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.8m | €2.2m | €2.1m | €2.6m | €2.6m | €2.9m | €4.9m | €5.0m | ▲ 2.7% |
| Operating cash flow (approximation) | €1.8m | €2.2m | €2.1m | €2.6m | €2.6m | €2.9m | €4.9m | €5.0m | ▲ 2.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0.8m | €0 | €0 | -€37.9m | €0 | - |
| Change in cash | - | €0.8m | -€1.5m | €0.9m | -€1.6m | -€1.9m | €0.09m | -€0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00147491 |
| 31-12-2024 | abbreviated format | 27-05-2025 | 2025-00110576 |
| 31-12-2023 | abbreviated format | 12-06-2024 | 2024-00130324 |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00151916 |
| 31-12-2021 | abbreviated format | 09-06-2022 | 2022-20060011 |
| 31-12-2020 | abbreviated format | 03-06-2021 | 2021-17200153 |
| 31-12-2019 | abbreviated format | 05-06-2020 | 2020-15300411 |
| 31-12-2018 | abbreviated format | 19-06-2019 | 2019-20100431 |
| 31-12-2017 | abbreviated format | 11-06-2018 | 2018-18200082 |
| 31-12-2016 | abbreviated format | 13-06-2017 | 2017-17000210 |
Similar companies · same sector, comparable size
PerPetum Group
BE 1015.605.539
Nazareth-De Pinte · equity €86,286,240
FONTAINE HOLDINGS
BE 0898.604.040
Houthalen-Helchteren · equity €86,521,655
Culinor Europe
BE 0659.794.394
Destelbergen · equity €86,527,582
Brusoc by finance&invest.brussels
BE 0464.908.627
Brussel · equity €86,861,186
BAM BELGIUM
BE 0439.552.431
Antwerpen · equity €85,441,809
Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,974. 2,004 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.