CREAQ
ActiveCREAQ has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €71k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 17987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+58
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 1.29 in 2024), and 19.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.3%
Return on assets
61.7%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
27 d early
2023
25 d late
2022
61 d late
2021
21 d late
2020
28 d late
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 251%
2024 · €26k
2018: €44k
2019: €41k
2020: €41k
2021: €65k
2022: €81k
2023: €47k
2024: €26k
2018 → 2025
Total assets
€115k▲ 4.7%
2024 · €110k
2018: €52k
2019: €63k
2020: €73k
2021: €72k
2022: €86k
2023: €54k
2024: €110k
2018 → 2025
Net result
€71k▲ 30.5%
2024 · €55k
2018: €9k
2019: €12k
2020: €19k
2021: €24k
2022: €16k
2023: €-35k
2024: €55k
2018 → 2025
Working capital
€85k▲ 244%
2024 · €25k
2018: €44k
2019: €41k
2020: €34k
2021: €61k
2022: €80k
2023: €40k
2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€81k▲ 24.8%€47k▼ 42.5%€26k▼ 43.7%€93k▲ 251%
Operating result€34k-€24k▼ 31.1%€-34k€64k€100k▲ 55.4%
Net result€24k-€16k▼ 32.1%€-35k€55k€71k▲ 30.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 55% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€8k▲ 333%
Current assets
€107k▼ 0.9%
Equity and liabilities €115k
Equity
€93k▲ 251%
Debt
€23k▼ 72.8%
The debt ratio falls from 76.0% to 19.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€102k▲
2024 · €69k
Cash flow
€73k▲
2024 · €59k
Solvency
80.3%▲
2024 · 24.0%
Current ratio
4.72▲
2024 · 1.29
Quick ratio
4.72▲
2024 · 1.29
Debt / equity
0.25▼
2024 · 3.17
ROE
76.9%▼
2024 · 206.6%
ROA
61.7%▲
2024 · 49.5%
Interest coverage
591.41▲
2024 · 120.30
Debt
€23k▼
2024 · €84k
Debt ≤ 1 year
€23k▼
2024 · €84k
Income taxes
€29k▲
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€110k€115k▲
Fixed assets21/28€2k€8k▲
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Financial fixed assets28-€8k
Current assets29/58€108k€107k▼
Amounts receivable within one year40/41€66k€27k▼
Trade receivables40€17k€18k▲
Other amounts receivable41€49k€9k▼
Cash at bank and in hand54/58€42k€81k▲
Equity and liabilities
Total equity and liabilities10/49€110k€115k▲
Equity10/15€26k€93k▲
Contributions10/11€6k€6k=
Reserves13€20k€86k▲
Distributable reserves133€20k€86k▲
Amounts payable17/49€84k€23k▼
Amounts payable within one year42/48€84k€23k▼
Financial debts43€76€410▲
Credit institutions430/8€76€410▲
Trade debts44€352€3k▲
Suppliers440/4€352€3k▲
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€8k€14k▲
Other amounts payable47/48€75k€5k▼
Income statement
Code20242025
Non-recurring operating income76A-€1
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€1k€900▼
Gross operating margin9900€70k€103k▲
Operating profit (loss)9901€64k€100k▲
Financial income75/76B€2€29▲
Recurring financial income75€2€29▲
Financial charges65/66B€574€172▼
Recurring financial charges65€574€172▼
Profit (loss) for the period before taxes9903€64k€100k▲
Income taxes67/77€9k€29k▲
Profit (loss) for the period9904€55k€71k▲
Profit (loss) for the period to be appropriated9905€55k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€71k▲
Transfer from equity791/2€20k-
Transfer to equity691/2-€66k
To other reserves6921-€66k
Profit to be distributed694/7€75k€5k▼
Return on contributions (dividend)694€75k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2018net €71k ▲30.5%
Operating result €100k, net result €71k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.72
Current ratio from 1.29 to 4.72; short-term debt falls from €84k to €23k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Weakest financial yearnet €-35k ▼313%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial
Liquidity times 5current ratio 9.95
Current ratio from 2.09 to 9.95; short-term debt falls from €31k to €7k.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Merelbeke-Melle · 1 establishment unit since 2009
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.
Koning Albert I-Plein 19820 Merelbeke-MelleGround area
1,324 m²
Building footprint
226 m²
Volume, LiDAR
1,855 m³
Parcel 44010A0415/00W000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koning Albert I-Plein 1, 9820 Merelbeke-Melle
since 20092.178.550.219
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44010A0415/00W000 | Flanders | 1,324 m² | 1 · 226 m² | 12.1 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,125 EUR awarded · 1,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,125 EUR | 1,125 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,504 companies in sector 47252 we hold annual accounts for 651. 501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2009
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
68121Development of residential building projects
45112
46180Agents specialised in the wholesale of other particular products
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.