CREAPINS
ActiveCREAPINS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €200k and a net result of €7k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 1236 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▼-84
Solvency34▼-2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.66 in 2023), and 72.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
30 d early
2022
39 d early
2021
44 d early
2020
29 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€200k▲ 3.4%
2023 · €193k
2018: €184k
2019: €97k
2020: €101k
2021: €138k
2022: €155k
2023: €193k
2018 → 2024
Total assets
€716k▲ 4.0%
2023 · €689k
2018: €892k
2019: €792k
2020: €757k
2021: €762k
2022: €771k
2023: €689k
2018 → 2024
Net result
€7k▼ 83.0%
2023 · €39k
2018: €19k
2019: €-88k
2020: €5k
2021: €36k
2022: €17k
2023: €39k
2018 → 2024
Working capital
€-100k▼ 40.0%
2023 · €-71k
2018: €-2k
2019: €-109k
2020: €-91k
2021: €-95k
2022: €-70k
2023: €-71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€101k-€138k▲ 35.5%€155k▲ 12.4%€193k▲ 25.0%€200k▲ 3.4%
Operating result€19k-€51k▲ 160%€35k▼ 30.1%€71k▲ 99.6%€30k▼ 58.0%
Net result€5k-€36k▲ 631%€17k▼ 52.8%€39k▲ 127%€7k▼ 83.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €716k
Fixed assets
€560k▲ 1.9%
Current assets
€156k▲ 12.3%
Equity and liabilities €716k
Equity
€200k▲ 3.4%
Debt
€516k▲ 4.2%
The debt ratio rises from 72.0% to 72.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€76k▼
2023 · €108k
Cash flow
€53k▼
2023 · €76k
Solvency
27.9%▼
2023 · 28.0%
Current ratio
0.61▼
2023 · 0.66
Quick ratio
0.42▼
2023 · 0.45
Debt / equity
2.59▲
2023 · 2.57
ROE
3.3%▼
2023 · 20.0%
ROA
0.9%▼
2023 · 5.6%
Interest coverage
4.21▼
2023 · 7.66
Debt
€516k▲
2023 · €496k
Debt ≤ 1 year
€256k▲
2023 · €210k
Debt > 1 year
€260k▼
2023 · €285k
Income taxes
€5k▼
2023 · €18k
Staff costs
€136k▲
2023 · €125k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€689k€716k▲
Fixed assets21/28€550k€560k▲
Tangible fixed assets22/27€547k€558k▲
Land and buildings22€501k€476k▼
Plant, machinery and equipment23€32k€26k▼
Furniture and vehicles24€15k€55k▲
Financial fixed assets28€2k€2k=
Current assets29/58€139k€156k▲
Stocks and contracts in progress3€45k€49k▲
Stocks30/36€45k€49k▲
Amounts receivable within one year40/41€70k€73k▲
Trade receivables40€70k€70k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€21k€33k▲
Deferred charges and accrued income490/1€3k€918▼
Equity and liabilities
Total equity and liabilities10/49€689k€716k▲
Equity10/15€193k€200k▲
Contributions10/11€6k€6k=
Reserves13€187k€194k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€155k€162k▲
Amounts payable17/49€496k€516k▲
Amounts payable after more than one year17€285k€260k▼
Financial debts170/4€285k€260k▼
Amounts payable within one year42/48€210k€256k▲
Current portion of amounts payable after more than one year42€67k€73k▲
Trade debts44€72k€107k▲
Suppliers440/4€72k€107k▲
Taxes, remuneration and social security45€61k€60k▼
Taxes450/3€46k€43k▼
Remuneration and social security454/9€16k€17k▲
Other amounts payable47/48€10k€17k▲
Income statement
Code20232024
Remuneration, social security and pensions62€125k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€46k▲
Other operating charges640/8€7k€8k▲
Gross operating margin9900€240k€220k▼
Operating profit (loss)9901€71k€30k▼
Financial income75/76B-€363
Recurring financial income75-€363
Financial charges65/66B€14k€18k▲
Recurring financial charges65€14k€18k▲
Profit (loss) for the period before taxes9903€57k€12k▼
Income taxes67/77€18k€5k▼
Profit (loss) for the period9904€39k€7k▼
Profit (loss) for the period to be appropriated9905€39k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€7k▼
Transfer to equity691/2€39k€7k▼
To other reserves6921€39k€7k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €39k ▲127%
Operating result €71k, net result €39k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €155k ▲12.4%
3 profitable years in a row build equity to €155k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Equity above €100kEq €101k ▲5.1%
Equity rises from €97k to €101k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €-88k ▼558%
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pareinpark(BEV) 239120 Beveren-Kruibeke-ZwijndrechtGround area
1,602 m²
Building footprint
553 m²
Volume, LiDAR
3,127 m³
Parcel 46003B0708/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pareinpark(BEV) 23, 9120 Beveren-Kruibeke-Zwijndrecht
since 19992.090.503.814
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46003B0708/00K000 | Flanders | 1,602 m² | 1 · 553 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.090.503.814
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Drukkerij Vermaercke
BE 0428.333.390
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P.Con
BE 0500.767.547
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Oblique
BE 0472.544.705
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COUSTO
BE 0434.780.427
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Of 1,595 companies in sector 18120 we hold annual accounts for 803. 618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1998
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
73110Advertising agencies
18130Pre-press and pre-media services
22250
46900Non-specialised wholesale trade
51900
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.