Summary
CREAMANCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €53,742 and a net result of -€11,168. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 9866 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9866 sector peers (2024).
NBB · sector comparisonPosition among 9866 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
111 d early
2022
84 d early
2021
61 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 66 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€53,742▼ 17.2%
2023 · €64,911
Net result
-€11,168
2023 · €9,902
Total assets
€348,950▲ 26.2%
2023 · €276,452
Solvency
15.4%▼ 8.1pp
2023 · 23.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€31,980-€16,242▼ 49.2%€7,379▼ 54.6%-€23,733
Net result€23,381within the sector's middle half-€11,628within the sector's middle half▼ 50.3%€9,902within the sector's middle half▼ 14.8%-€11,168below the sector's middle half
Equity€43,381within the sector's middle half-€55,008within the sector's middle half▲ 26.8%€64,911within the sector's middle half▲ 18.0%€53,742within the sector's middle half▼ 17.2%
Total assets€118,263below the sector's middle half-€148,417within the sector's middle half▲ 25.5%€276,452within the sector's middle half▲ 86.3%€348,950within the sector's middle half▲ 26.2%
Debt€74,882-€93,409▲ 24.7%€211,541▲ 126%€295,208▲ 39.6%
Working capital-€4,356-€7,778€85,093▲ 994%€29,096▼ 65.8%
Solvency36.7%within the sector's middle half-37.1%within the sector's middle half▲ 0.4pp23.5%below the sector's middle half▼ 13.6pp15.4%below the sector's middle half▼ 8.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €23,733 after €7,379 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €343,324
Fixed assets
€19,020 ▼ 45.2%
Current assets
€324,304 ▲ 41.8%
Equity and liabilities €348,950
Equity
€53,742 ▼ 17.2%
Debt
€295,208 ▲ 39.6%
Debt's share of the balance-sheet total rises from 76.5% to 84.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-20.8%▼
2023 · 15.3%
ROA
-3.2%▼
2023 · 3.6%
Debt ≤ 1 year
€295,208▲
2023 · €143,570
Debt > 1 year
€0▼
2023 · €67,971
Income taxes
€185▼
2023 · €2,586
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,787 | €21,724 | €21,980 | €23,143 | ▲ 5.3% |
| Other operating charges640/8 | €869 | €469 | €516 | €528 | ▲ 2.3% |
| Gross operating margin9900 | €58,636 | €38,435 | €29,876 | -€62 | ▼ 100% |
| Operating profit (loss)9901 | €31,980 | €16,242 | €7,379 | -€23,733 | ▼ 422% |
| Financial income75/76B | €5 | €0 | €5,390 | €18,470 | ▲ 243% |
| Recurring financial income75 | €5 | €0 | €5,390 | €18,470 | ▲ 243% |
| Financial charges65/66B | €2,316 | €1,407 | €282 | €5,720 | ▲ 1,931% |
| Recurring financial charges65 | €2,316 | €1,407 | €282 | €5,720 | ▲ 1,931% |
| Profit (loss) for the period before taxes9903 | €29,669 | €14,835 | €12,488 | -€10,984 | ▼ 188% |
| Income taxes67/77 | €6,289 | €3,207 | €2,586 | €185 | ▼ 92.9% |
| Profit (loss) for the period9904 | €23,381 | €11,628 | €9,902 | -€11,168 | ▼ 213% |
| Profit (loss) for the period to be appropriated9905 | €23,381 | €11,628 | €9,902 | -€11,168 | ▼ 213% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €118,263 | €148,417 | €276,452 | €348,950 | ▲ 26.2% |
| Formation expenses20 | €27,979 | €20,528 | €13,077 | €5,626 | ▼ 57.0% |
| Fixed assets21/28 | €50,282 | €40,217 | €34,712 | €19,020 | ▼ 45.2% |
| Tangible fixed assets22/27 | €50,282 | €40,217 | €34,712 | €19,020 | ▼ 45.2% |
| Furniture and vehicles24 | €49,366 | €37,014 | €23,467 | €9,921 | ▼ 57.7% |
| Other tangible fixed assets26 | €915 | €3,203 | €11,245 | €9,100 | ▼ 19.1% |
| Current assets29/58 | €40,002 | €87,672 | €228,663 | €324,304 | ▲ 41.8% |
| Amounts receivable within one year40/41 | €13,795 | €25,680 | €178,664 | €282,882 | ▲ 58.3% |
| Trade receivables40 | €10,083 | €20,167 | €80,667 | €110,209 | ▲ 36.6% |
| Other amounts receivable41 | €3,711 | €5,514 | €97,998 | €172,673 | ▲ 76.2% |
| Cash at bank and in hand54/58 | €24,736 | €59,534 | €41,668 | €38,968 | ▼ 6.5% |
| Deferred charges and accrued income490/1 | €1,471 | €2,458 | €8,331 | €2,453 | ▼ 70.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €118,263 | €148,417 | €276,452 | €348,950 | ▲ 26.2% |
| Equity10/15 | €43,381 | €55,008 | €64,911 | €53,742 | ▼ 17.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €23,381 | €35,008 | €44,911 | €33,742 | ▼ 24.9% |
| Distributable reserves133 | €23,381 | €35,008 | €44,911 | €33,742 | ▼ 24.9% |
| Amounts payable17/49 | €74,882 | €93,409 | €211,541 | €295,208 | ▲ 39.6% |
| Amounts payable after more than one year17 | €29,235 | €12,611 | €67,971 | €0 | ▼ 100% |
| Financial debts170/4 | €29,235 | €12,611 | €67,971 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €44,358 | €79,894 | €143,570 | €295,208 | ▲ 106% |
| Current portion of amounts payable after more than one year42 | €16,409 | €16,624 | €12,611 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €7 | - |
| Credit institutions430/8 | - | - | - | €7 | - |
| Trade debts44 | €402 | €413 | €1,795 | €1,732 | ▼ 3.5% |
| Suppliers440/4 | €402 | €413 | €1,795 | €1,732 | ▼ 3.5% |
| Taxes, remuneration and social security45 | €7,255 | €7,527 | €8,354 | €1,008 | ▼ 87.9% |
| Taxes450/3 | €7,255 | €7,527 | €8,354 | €1,008 | ▼ 87.9% |
| Other amounts payable47/48 | €20,292 | €55,329 | €120,811 | €292,460 | ▲ 142% |
| Accrued charges and deferred income492/3 | €1,289 | €904 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,381 | €11,628 | €9,902 | -€11,168 | ▼ 213% |
| + Depreciation and write-downs630 | €25,787 | €21,724 | €21,980 | €23,143 | ▲ 5.3% |
| Operating cash flow (approximation) | €49,168 | €33,352 | €31,883 | €11,975 | ▼ 62.4% |
| Investment in fixed assets (approximation) | - | -€11,659 | -€16,476 | -€7,451 | ▲ 54.8% |
| Change in cash | - | €34,798 | -€17,866 | -€2,699 | ▲ 84.9% |
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
2026
11-08
State Gazette act
General meeting · Director appointment
Permanent representative · Statutes amendment
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€11,168
Net result drops to -€11,168, the lowest in the series.
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB 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, Gent · 1 establishment unit since 2020
Ground area
2,121 m²
Building footprint
223 m²
Volume, LiDAR
1,260 m³
Parcel 44017C0386/00X002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CREAMANCO
since 20202.308.264.458
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0386/00X002 | Flanders | 2,121 m² | 1 · 223 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 348 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 348 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 10,645 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
Founded04-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753697819
Also
9925:BE0753697819
Registered
23-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.