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CREAL

Active
Public limited companyfounded 1991active for 35 yearsEdward Anseelestraat 15, 3920 Lommel, BelgiumKBO/BCE: BE 0443.924.854
Summary

CREAL has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €918,383 and a net result of -€49,278. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 85% of 2,396 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Joinery installation
NACE 43320Manufacture of fabricated metal products, except machinery and equipment NACE 25120
10th oldest company in Lommel, Construction sector1 site
Size
€1.2mtotal assets 2025
Staff
4.5 FTE
Equity
€918,383
Loss
-€49,278
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 19 days late0 of 5 deeds read
Why 93raises riskLoss of €49,278 (financial year 2025)lowers riskLiquidity: current ratio 4.10, cash €168,924Founded in 1991Equity €918,383 (75.2% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 75.2% of total assets
Liquidity 61-5
short-term debt 20.7% · cash 13.8%
Profitability 26-50
return on assets -4.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.1, compared with 4.42 in 2024; short-term debt: 20.7% and cash: 13.8% of total assets), and 24.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 58% on liquidity, 15% on profitability and 22% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.10, cash €168,924
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €49,278 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €918,383 (75.2% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
31 days early
2023
33 days early
2022
8 days early
2021
5 days early
2020
5 days early
2019
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€49,278
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €80,347 in 2024 -€49,278 View
  • Caution: Among the weakest 11% on net resultsector median €42,362 · 2,397 companies -€49,278 View
  • Active since 1991founded 05-04-1991 35 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€49,278
Solvency
75.2%
Turnover▲ 5.5%
Net result
20212022
Go to Financials

Timeline

Events
36
Since
1993
Next accounts
by 31-07-2027
  1. 28-06-2024Annual accounts filed
  2. 23-07-2023Annual accounts filed
  3. 31-12-2022Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Joinery installationNACE 43320
Founded
05-04-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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