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CREARTE

Active
Private limited company (pre-2019)founded 1980active for 45 yearsKBO/BCE: BE 0420.855.482
Summary

The computed 12-month bankruptcy probability of CREARTE is 11.3% (high). For CREARTE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €32,347 and a net result of -€61,786. Equity is shrinking by about 15% per year across the filed financial years. The company has been active since 1980 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known1 site
Size
€1.1mtotal assets 2022
Equity
€32,347
Loss
-€61,786
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
11.3%
2022 figures too old to score
Structure
Accounts 833 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2022 (filed 16-03-2023)Liquidity: current ratio 1.10Ex-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: total assets €1.1mneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 28-30
equity 2.9% of total assets
Liquidity 2-70
short-term debt 88.1%
Profitability 24+15
return on assets -5.6%
Bankruptcy probability, 12 months
11.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.3%lowest value 12-2024: 8.1%▲ +2.8 percentage points vs 11-2024 01-2025: 8.1%● unchanged vs 12-2024 02-2025: 8.2%▲ +0.1 percentage points vs 01-2025 03-2025: 7.9%▼ -0.3 percentage points vs 02-2025 04-2025: 14.7%▲ +6.8 percentage points vs 03-2025 05-2025: 14.7%● unchanged vs 04-2025 06-2025: 14.7%● unchanged vs 05-2025 07-2025: 15.9%▲ +1.2 percentage points vs 06-2025highest value 08-2025: 15.9%● unchanged vs 07-2025highest value 09-2025: 15.9%● unchanged vs 08-2025highest value 10-2025: 15.9%● unchanged vs 09-2025highest value 11-2025: 12.1%▼ -3.8 percentage points vs 10-2025 12-2025: 12.1%● unchanged vs 11-2025 01-2026: 12.1%● unchanged vs 12-2025 02-2026: 12.1%● unchanged vs 01-2026 03-2026: 12.1%● unchanged vs 02-2026 04-2026: 12.1%● unchanged vs 03-2026 05-2026: 12.1%● unchanged vs 04-2026 06-2026: 12.1%● unchanged vs 05-2026 07-2026: 11.3%▼ -0.8 percentage points vs 06-2026 08-2026: 11.3%● unchanged vs 07-2026 09-2026: 11.3%● unchanged vs 08-2026 10-2026: 11.3%● unchanged vs 09-2026
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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2022 (filed 16-03-2023)
NBB · annual accounts
lowers risk · Size: total assets €1.1m
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 1.10
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-11-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-11-2023 year end30-06-2024 deadline11-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2022 was due by 30-06-2023 and was filed on 14-03-2023, 108 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
108 days early
2021
on the day
2020
245 days late
2019
610 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 187 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Address struckOude Molenstraat Die Sitzadresse Vieille…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Weakest financial yearnet -€61,786

Key points

  • Risk: Accounts not fileddeadline was 30-06-2024 833 days late View
  • Caution: Equity fell in 2022from €94,133 to €32,347 ▼ 65.6% View
  • Caution: 2 loss-making years in a rowloss financial year 2022 -€61,786 View
  • Active since 1980founded 22-10-1980 45 years View

By topic

Financials

Financial year
2022
Total assets
€1.1m
Loss
-€61,786
Solvency
2.9%
Total assets▲ 288%
Net result
20182022
Go to Financials

Timeline

Events
44
Since
1982
  1. 30-06-2022Annual accounts filed
  2. 02-03-2022Annual accounts filed
  3. 02-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
22-10-1980
Year ends
30-11
Peppol
Not found in the Peppol directory
Go to Company details

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