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Crealingua

Active
Private limited companyfounded 2003active for 23 yearsRuitjesbosstraat 24, 8820 Torhout, BelgiumKBO/BCE: BE 0479.854.545
Summary

Crealingua has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,302 and a net result of -€12,459. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 35% of 4,288 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00119399.

Equity
€205,302▼ 5.7%
2024 · €217,761
Total assets
€641,272▼ 6.0%
2024 · €682,425
Net result
-€12,459
2024 · €59
Working capital
-€52,873▼ 261%
2024 · -€14,658
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €1,008 after €15,854 in 2024, 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-€1,008 2025 Net result-€12,459 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 74, Other professional, scientific and technical activities: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€57,098-€31,571▼ 44.7%€73,141▲ 132%€51,920▼ 29.0%€42,613▼ 17.9%€15,854▼ 62.8%-€1,008
Net result€47,088-€15,732within the sector's middle half▼ 66.6%€46,198above the sector's middle half▲ 194%€25,520within the sector's middle half▼ 44.8%€18,831within the sector's middle half▼ 26.2%€59within the sector's middle half▼ 99.7%-€12,459below the sector's middle half
Equity€118,171-€133,903above the sector's middle half▲ 13.3%€173,350above the sector's middle half▲ 29.5%€198,871above the sector's middle half▲ 14.7%€217,702above the sector's middle half▲ 9.5%€217,761above the sector's middle half=€205,302above the sector's middle half▼ 5.7%
Total assets€764,482-€746,747above the sector's middle half▼ 2.3%€795,054above the sector's middle half▲ 6.5%€801,279above the sector's middle half▲ 0.8%€758,166above the sector's middle half▼ 5.4%€682,425above the sector's middle half▼ 10.0%€641,272above the sector's middle half▼ 6.0%
Debt€646,311-€612,844▼ 5.2%€621,703▲ 1.4%€602,408▼ 3.1%€540,464▼ 10.3%€464,664▼ 14.0%€435,970▼ 6.2%
Working capital-€56,111-€6,720within the sector's middle half€10,634within the sector's middle half▲ 58.2%€38,701within the sector's middle half▲ 264%€24,932within the sector's middle half▼ 35.6%-€14,658below the sector's middle half-€52,873below the sector's middle half▼ 261%
Solvency15.5%-17.9%within the sector's middle half▲ 2.5pp21.8%within the sector's middle half▲ 3.9pp24.8%within the sector's middle half▲ 3.0pp28.7%within the sector's middle half▲ 3.9pp31.9%within the sector's middle half▲ 3.2pp32.0%within the sector's middle half▲ 0.1pp
Current ratio0.72-1.05within the sector's middle half▲ 0.331.06within the sector's middle half▲ 0.011.24within the sector's middle half▲ 0.181.16within the sector's middle half▼ 0.080.89below the sector's middle half▼ 0.270.65below the sector's middle half▼ 0.23
Return on assets (ROA)6.2%-2.1%within the sector's middle half▼ 4.1pp5.8%within the sector's middle half▲ 3.7pp3.2%within the sector's middle half▼ 2.6pp2.5%within the sector's middle half▼ 0.7pp0.0%within the sector's middle half▼ 2.5pp-1.9%below the sector's middle half▼ 2.0pp
Staff (FTE)1.3-1.3within the sector's middle half=1▼ 23.1%0.9▼ 10.0%1▲ 11.1%1=1=
above within below the middle half of NACE 74, Other professional, scientific and technical activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €641,272
Fixed assets €541,198 ▼ 4.5%
Current assets €100,074 ▼ 13.6%
Equity and liabilities €641,272
Equity €205,302 ▼ 5.7%
Debt €435,970 ▼ 6.2%
Debt's share of the balance-sheet total falls from 68.1% to 68.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,400▼
2024 · €43,497
Cash flow
€14,948▼
2024 · €27,702
Debt to equity
2.12▼
2024 · 2.13
ROE
-6.1%▼
2024 · 0.0%
Interest coverage
2.21▼
2024 · 2.93
Debt ≤ 1 year
€152,947▲
2024 · €130,517
Debt > 1 year
€272,466▼
2024 · €324,682
Staff costs
€53,944▲
2024 · €53,364
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€682,425€641,272▼
Fixed assets21/28€566,566€541,198▼
Intangible fixed assets21€13,867€10,667▼
Tangible fixed assets22/27€552,699€530,531▼
Land and buildings22€544,050€524,087▼
Plant, machinery and equipment23€1,892€544▼
Furniture and vehicles24€6,758€5,900▼
Current assets29/58€115,859€100,074▼
Amounts receivable after more than one year29€8,010-
Other amounts receivable291€8,010-
Amounts receivable within one year40/41€12,468€15,889▲
Trade receivables40€4,458€7,829▲
Other amounts receivable41€8,010€8,061▲
Current investments50/53€22,084€20,253▼
Cash at bank and in hand54/58€68,347€58,147▼
Deferred charges and accrued income490/1€4,950€5,786▲
Equity and liabilities
Total equity and liabilities10/49€682,425€641,272▼
Equity10/15€217,761€205,302▼
Contributions10/11€18,600€18,600=
Reserves13€175,159€175,159=
Distributable reserves133€175,159€175,159=
Profit (loss) carried forward14€24,002€11,543▼
Amounts payable17/49€464,664€435,970▼
Amounts payable after more than one year17€324,682€272,466▼
Financial debts170/4€324,682€272,466▼
Amounts payable within one year42/48€130,517€152,947▲
Current portion of amounts payable after more than one year42€54,327€55,961▲
Trade debts44€35,415€48,683▲
Suppliers440/4€35,415€48,683▲
Taxes, remuneration and social security45€30,462€26,743▼
Taxes450/3€16,904€13,478▼
Remuneration and social security454/9€13,558€13,265▼
Other amounts payable47/48€10,313€21,560▲
Accrued charges and deferred income492/3€9,464€10,557▲
Income statement Code20242025
Non-recurring operating income76A€2,175€1,322▼
Remuneration, social security and pensions62€53,364€53,944▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,643€27,407▼
Other operating charges640/8€634€1,544▲
Gross operating margin9900€97,495€81,887▼
Operating profit (loss)9901€15,854-€1,008▼
Financial income75/76B€742€487▼
Recurring financial income75€742€487▼
Financial charges65/66B€14,828€11,938▼
Recurring financial charges65€14,828€11,938▼
Profit (loss) for the period before taxes9903€1,768-€12,459▼
Income taxes67/77€1,708-
Profit (loss) for the period9904€59-€12,459▼
Profit (loss) for the period to be appropriated9905€59-€12,459▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,062€11,543▼
Profit (loss) brought forward from the previous period14P€24,002€24,002=
Transfer to equity691/2€59-
To other reserves6921€59-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€4,195€2,175€1,322▼ 39.2%
Remuneration, social security and pensions62--€41,835€46,752€52,151€53,364€53,944▲ 1.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,536€34,415€35,012€35,000€27,851€27,643€27,407▼ 0.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€562-----
Other operating charges640/8--€957€1,092€785€634€1,544▲ 144%
Gross operating margin9900€152,233€122,899€151,508€134,763€123,399€97,495€81,887▼ 16.0%
Operating profit (loss)9901€57,098€31,571€73,141€51,920€42,613€15,854-€1,008-
Financial income75/76B--€1,740€2,562€1,809€742€487▼ 34.4%
Recurring financial income75€6,687€3,242€1,740€2,562€1,809€742€487▼ 34.4%
Financial charges65/66B--€14,352€14,708€15,204€14,828€11,938▼ 19.5%
Recurring financial charges65€11,735€15,688€14,352€14,708€15,204€14,828€11,938▼ 19.5%
Profit (loss) for the period before taxes9903€52,049€19,125€60,530€39,774€29,217€1,768-€12,459-
Income taxes67/77€4,961€3,393€14,332€14,253€10,387€1,708--
Profit (loss) for the period9904€47,088€15,732€46,198€25,520€18,831€59-€12,459-
Transfer from tax-exempt reserves789---€8,507----
Profit (loss) for the period to be appropriated9905€47,088€15,732€46,198€34,027€18,831€59-€12,459-
Line2019202020212022202320242025Change
Assets
Total assets20/58€764,482€746,747€795,054€801,279€758,166€682,425€641,272▼ 6.0%
Fixed assets21/28€618,266€612,245€603,861€598,373€575,869€566,566€541,198▼ 4.5%
Intangible fixed assets21€43,787€28,509€13,688€2,079-€13,867€10,667▼ 23.1%
Tangible fixed assets22/27€574,479€583,736€590,173€596,293€575,869€552,699€530,531▼ 4.0%
Land and buildings22--€582,090€578,473€564,012€544,050€524,087▼ 3.7%
Plant, machinery and equipment23--€1,823€6,178€3,729€1,892€544▼ 71.2%
Furniture and vehicles24--€6,260€11,642€8,127€6,758€5,900▼ 12.7%
Current assets29/58€146,216€134,501€191,192€202,906€182,297€115,859€100,074▼ 13.6%
Amounts receivable after more than one year29--€32,039€24,030€16,020€8,010--
Other amounts receivable291--€32,039€24,030€16,020€8,010--
Amounts receivable within one year40/41€39,677€55,166€46,234€47,824€37,782€12,468€15,889▲ 27.4%
Trade receivables40--€18,786€19,791€9,302€4,458€7,829▲ 75.6%
Other amounts receivable41--€27,448€28,033€28,480€8,010€8,061▲ 0.6%
Current investments50/53€34,104€14,085€22,755€15,991€21,669€22,084€20,253▼ 8.3%
Cash at bank and in hand54/58€19,568€21,155€85,566€110,230€101,759€68,347€58,147▼ 14.9%
Deferred charges and accrued income490/1--€4,598€4,833€5,067€4,950€5,786▲ 16.9%
Equity and liabilities
Total equity and liabilities10/49€764,482€746,747€795,054€801,279€758,166€682,425€641,272▼ 6.0%
Equity10/15€118,171€133,903€173,350€198,871€217,702€217,761€205,302▼ 5.7%
Contributions10/11€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€75,569€91,300€130,748€156,268€175,099€175,159€175,159=
Non-distributable reserves130/1--€1,860€1,860€1,860---
Reserves not available under the articles1311--€1,860€1,860€1,860---
Tax-exempt reserves132--€8,507-----
Distributable reserves133--€120,381€154,408€173,239€175,159€175,159=
Profit (loss) carried forward14€24,002€24,002€24,002€24,002€24,002€24,002€11,543▼ 51.9%
Amounts payable17/49€646,311€612,844€621,703€602,408€540,464€464,664€435,970▼ 6.2%
Amounts payable after more than one year17€442,848€440,153€404,667€391,632€356,721€324,682€272,466▼ 16.1%
Financial debts170/4--€404,667€391,632€356,721€324,682€272,466▼ 16.1%
Amounts payable within one year42/48€202,328€127,781€180,559€164,205€157,365€130,517€152,947▲ 17.2%
Current portion of amounts payable after more than one year42--€35,485€53,117€54,200€54,327€55,961▲ 3.0%
Trade debts44€102,548€41,008€92,805€60,490€57,223€35,415€48,683▲ 37.5%
Suppliers440/4--€92,805€60,490€57,223€35,415€48,683▲ 37.5%
Taxes, remuneration and social security45--€43,808€44,181€39,212€30,462€26,743▼ 12.2%
Taxes450/3--€32,929€32,717€23,126€16,904€13,478▼ 20.3%
Remuneration and social security454/9--€10,879€11,464€16,086€13,558€13,265▼ 2.2%
Other amounts payable47/48--€8,460€6,417€6,731€10,313€21,560▲ 109%
Accrued charges and deferred income492/3--€36,477€46,571€26,378€9,464€10,557▲ 11.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€47,088€15,732€46,198€25,520€18,831€59-€12,459-
+ Depreciation and write-downs630€37,536€34,415€35,012€35,000€27,851€27,643€27,407▼ 0.9%
Operating cash flow (approximation)€84,624€50,146€81,209€60,520€46,682€27,702€14,948▼ 46.0%
Investment in fixed assets (approximation)--€28,394-€26,628-€29,511-€5,347-€18,340-€2,039▲ 88.9%
Change in cash-€1,587€64,411€24,663-€8,471-€33,412-€10,201▲ 69.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 25-05-2026 2026-00119399
30-09-2024 micro format 24-05-2025 2025-00104731
30-09-2023 micro format 24-05-2024 2024-00099467
30-09-2022 micro format 30-05-2023 2023-00098084
30-09-2021 micro format 31-05-2022 2022-20043505
30-09-2020 micro format 28-05-2021 2021-15700132
30-09-2019 micro format 27-05-2020 2020-13300249
30-09-2018 micro format 24-05-2019 2019-14400302
30-06-2017 micro format 31-01-2018 2018-04100296
30-06-2016 abbreviated format 24-01-2017 2017-02300170

Show all 22 filings

Similar companies · same sector, comparable size

Of the 4,477 active companies whose main activity is translation services (NACE 74301), figures are known for 716. 548 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €11,927 awarded · €7,427 paid
Year Entries AwardedPaid
2025 1 €4,727€227
2024 1 €7,200€7,200
Schemes
2 entries · €11,927 · €7,427 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.