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CREALIS BELGIUM

Active
Public limited companyfounded 1986active for 40 yearsCarton de Wiartlaan 79, 1090 Jette, BelgiumKBO/BCE: BE 0428.832.248
Summary

The computed 12-month bankruptcy probability of CREALIS BELGIUM is 2.8% (moderate). The annual accounts of CREALIS BELGIUM for financial year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €505,889 and a net result of -€1.0m. Equity has been stable since 2018 (±2.5% per year). Its solvency ranks better than 10% of 317 sector peers (NACE 20, financial year 2025). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-04-1986 Normal situation
Activity
Manufacture of chemicals and chemical products NACE 20590and 1 other
Establishment units
2.037.147.082 1090 Jette, since 11-06-1986
2.310.065.391 9100 Sint-Niklaas, since 01-01-2009
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
Auditor
Moore Audit
Shareholders
  • DEHON BENELUX· score 882025 annual accounts of DEHON BENELUX
  • Dehon SAannual accounts 2025
Holdings
Shares in 1 company Crealis Nederland BV S. Etr.

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Turnover
€11.6m
▼ 13.9%
Loss
€1.0m
Equity
€505,889
▼ 66.7%
Total assets
€6.1m
▼ 12.9%
Employees on 31-12-2025
21
▲ 10.5%
Filed on 13-07-2026, 18 days before the deadline
Score breakdownraises riskLoss of €1.0m (financial year 2025)Equity €505,889 (8.3% of total assets)Liquidity: current ratio 0.97, cash €72,373, halvedSize: turnover €11.6m, 21.1 FTE, total assets €6.1mShow the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 5% of small companies in chemicals (NACE 20)
Financial strength · tick: 2024
Weak
Solvency 33-14
equity 8.3% of total assets
Liquidity 6-9
short-term debt 83.1% · cash 1.2%
Profitability 0-61
return on assets -16.7%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (147 companies, NACE 20, small)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%▼ -0.7 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +2.2 percentage points vs 07-2026highest value 09-2026: 2.8%● unchanged vs 08-2026highest value 10-2026: 2.8%● unchanged vs 09-2026highest value 11-2026: 2.8%● unchanged vs 10-2026highest value
Credit of up to €24,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.97 (1.06 in 2024), below 1. Short-term debt is 83.1% and cash 1.2% of total assets. 91.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 20, small). It does better than 6% of them on solvency, 4% on liquidity, 3% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Loss of €1.0m (financial year 2025)
NBB · annual accounts
raises risk · Equity €505,889 (8.3% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.97, cash €72,373, halved
NBB · annual accounts
raises risk · Size: turnover €11.6m, 21.1 FTE, total assets €6.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 317 sector peers (2025).
NBB · sector comparison
Position among 317 sector peers
Solvency
better than 10%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
13 days early
2023
21 days early
2022
on the day
2021
61 days late
2020
31 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% 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 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €185,721 in 2024 -€1.0m View
  • Caution: Lower solvency than 90% of companies in chemicalssector median 50.1% · 317 companies 8.3% View
  • A director leftlatest change 05-12-2025 · 3 in office 1 left View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Reappointments: Pascal DEHON, Luc DEHON and Bertrand BARD
  2. · Gazette deed Resignation: Pierre-Etienne Dehon (director)
  3. · Gazette deed Appointment: Luc DEHON (director)
All 34 events

Comparable companies

These companies have the same main activity as CREALIS BELGIUM: manufacture of chemicals and chemical products (NACE 20590). They are comparable in size and age: total assets between €6.7m and €11m, founded between 1968 and 1995.

CompanyTotal assetsTurnover
CREALIS BELGIUM Jette€6.1m€11.6m
HERBALGEM Vielsalm€8.0m€10.8m
DEVAN CHEMICALS Ronse€7.8m€10.7m
EUROBASE INTERNATIONAL Herenthout€7.3m€8.8m
DE NEEF CONSTRUCTION CHEMICALS Heist-op-den-Berg€11.0m€13.4m
METAROM BENELUX Vorst€8.9m€9.3m
FAMENNE ENROBES Marche-en-Famenne€6.7m€11.3m
Full comparison

Key facts about CREALIS BELGIUM

What is the company number of CREALIS BELGIUM?
The company number of CREALIS BELGIUM is 0428.832.248. The VAT number is the same number with BE in front: BE 0428.832.248.
Where is CREALIS BELGIUM based?
The registered office is at Carton de Wiartlaan 79, 1090 Jette.Company details
What does CREALIS BELGIUM do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20590).
What is the legal form of CREALIS BELGIUM?
The legal form of CREALIS BELGIUM is Public limited company (NV).
When was CREALIS BELGIUM founded?
CREALIS BELGIUM was founded on 17-04-1986.
Is CREALIS BELGIUM still active?
Yes, CREALIS BELGIUM is an active enterprise in the KBO register.
How many employees does CREALIS BELGIUM have?
CREALIS BELGIUM had an average of 21.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CREALIS BELGIUM?
The turnover of CREALIS BELGIUM was €11.6m in financial year 2025, according to the filed annual accounts.
Is CREALIS BELGIUM profitable?
In financial year 2025, CREALIS BELGIUM made a loss of €1.0m.
Where can I find the annual accounts of CREALIS BELGIUM?
CREALIS BELGIUM filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREALIS BELGIUM due?
CREALIS BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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