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CREARCO

Active
Private limited companyfounded 20187 years activeDokter Eduard Moreauxlaan 61, 8400 Oostende, BelgiumKBO/BCE: BE 0713.505.868
Summary

The computed 12-month bankruptcy probability of CREARCO is 2.0% (moderate). The annual accounts of CREARCO for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €1,460 and a net result of -€1,512. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 34,088 sector peers (NACE 43, fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€52,309total assets 2025
Equity
€1,460
Loss
-€1,512
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts 1 day early1 of 4 deeds read
Why 51- Liquidity: current ratio 0.90- Sector Specialised construction activities (NACE 43)- Founded in 2018+ Size: total assets €52,309Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 28-4
equity 2.8% of total assets
Liquidity 3-24
short-term debt 87.9%
Profitability 37+37
return on assets -2.9%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,532 companies)
Last 24 months 11-2024: 1.8% 12-2024: 1.7%▼ -0.1 percentage points vs 11-2024 01-2025: 1.9%▲ +0.2 percentage points vs 12-2024 02-2025: 2.4%▲ +0.5 percentage points vs 01-2025 03-2025: 1.6%▼ -0.8 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025lowest value 08-2025: 1.6%● unchanged vs 07-2025lowest value 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.7%▲ +0.1 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.6%▼ -0.1 percentage points vs 11-2025 01-2026: 1.8%▲ +0.2 percentage points vs 12-2025 02-2026: 2.5%▲ +0.7 percentage points vs 01-2026highest value 03-2026: 2.1%▼ -0.4 percentage points vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.0%▼ -0.1 percentage points vs 06-2026 08-2026: 2.0%● unchanged vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.9 against 0.84 in 2024; short-term debt: 87.9% of total assets), and 97.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 10% on solvency, 3% on liquidity, 18% on profitability and 9% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €52,309
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.90
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2018
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€1,512
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34088 sector peers (2025).
NBB · sector comparison
Position among 34088 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 day early
2024
3 days late
2023
1 day early
2022
on the day
2021
on the day
2020
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close08-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Resignation: Simons Bart (niet statutaire zaakvoerder)Appointment: Simons Bart (non-statutory director)…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€1,512 View
  • Caution: Among the weakest 10% on equitysector median €57,570 · 34,100 companies €1,460 View
  • New directorlatest change 09-01-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2025
Total assets
€52,309
Loss
-€1,512
Solvency
2.8%
Total assets▲ 17.0%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-01-2027
  1. 30-01-2024Annual accounts filed
  2. 31-01-2023Annual accounts filed
  3. 30-06-2022Highest result since 2020
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
13-11-2018
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Purpose
Onderneming voor het voegen,bouwen van stellingen,alsmede voor het invoegen en reinigen…
Go to Articles of association

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