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CREASEAL

Active
Private limited companyfounded 2023active for 2 yearsSteegstraat 63, 2490 Balen, BelgiumKBO/BCE: BE 1003.958.611

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of CREASEAL is 3.3% (moderate). The 2025 annual accounts show equity of €20,390 and a net result of €18,710. Equity has been stable since 2023 (±0.9% per year). Its solvency ranks better than 39% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 27-12-2023 Normal situation
Legal form
Private limited company
Registered office
Steegstraat 63, 2490 Balen
Activity
Roofing work NACE 43410and 1 other
Establishment unit
2.354.311.051 2490 Balen, since 27-12-2023
Financial year end
31 December
Peppol
Reachable since 18-05-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Annual accounts 2025
Gross margin
€25,211
▲ 15×
Turnover
≈ €160,000
estimated
Profit
€18,710
Equity
€20,390
▲ 22.2%
Total assets
€55,643
▲ 18.1%
2025 accounts filed 28 days after the deadline
Filed on 28-08-2026at the National Bank
Score breakdownraises riskFounded in 2023Size: total assets €55,643Liquidity: current ratio 1.58, cash €172, halvedSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 62+2
equity 36.6% of total assets
Liquidity 17=
short-term debt 63.4% · cash 0.3%
Profitability 100+90
return on assets 33.6%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 01-2025: 1.5% 02-2025: 1.4%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.3 percentage points vs 03-2025 05-2025: 1.9%▲ +0.1 percentage points vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +0.7 percentage points vs 07-2025 09-2025: 2.8%● unchanged vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.9%▲ +0.1 percentage points vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%▲ +0.1 percentage points vs 04-2026 06-2026: 3.0%▼ -0.1 percentage points vs 05-2026 07-2026: 3.1%▲ +0.1 percentage points vs 06-2026 08-2026: 3.6%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 3.3%▼ -0.3 percentage points vs 08-2026 10-2026: 3.3%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.5 in 2024), above the usual 1.5. Short-term debt is 63.4% and cash 0.3% of total assets. However, 63.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 39% of them on solvency, 10% on liquidity, 92% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €55,643
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.58, cash €172, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
28 days late
2024
27 days early
2023
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 9 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (3 of the last 3 filed years within 55 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about CREASEAL

What is the company number of CREASEAL?
The company number of CREASEAL is 1003.958.611. The VAT number is the same number with BE in front: BE 1003.958.611.
Where is CREASEAL based?
The registered office is at Steegstraat 63, 2490 Balen.Company details
What does CREASEAL do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of CREASEAL?
The legal form of CREASEAL is Private limited company (BV).
When was CREASEAL founded?
CREASEAL was founded on 27-12-2023.
Is CREASEAL still active?
Yes, CREASEAL is an active enterprise in the KBO register.
What is the turnover of CREASEAL?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €25,211 and 356 comparable companies (NACE 43). It probably lies between €100,000 and €270,000.Financials
Is CREASEAL profitable?
In financial year 2025, CREASEAL made a profit of €18,710.
Where can I find the annual accounts of CREASEAL?
CREASEAL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CREASEAL due?
CREASEAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as CREASEAL: roofing work (NACE 43410). They are comparable in size and age: total assets between €47,500 and €56,800, founded between 2023 and 2024.

CompanyTotal assetsGross margin
CREASEAL Balen€55,643€25,211
JAMAIS-SANS-TOIT Mechelen€53,623€24,501
Dakwerken Vereecken Putte€47,484€23,463
ISO Roof Construct Genk€56,762€30,119
COPADO CONCEPT Drogenbos€50,400€23,320
SMART PROTECT Aalst€54,717€28,863
BKS DAKWERKEN Blankenberge€50,982€20,621
Full comparison

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