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CREASET

Active
Public limited companyfounded 1986active for 39 yearsAvenue de l'Industrie 13, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0429.942.206
Summary

CREASET has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €179,660. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 46% of 1,677 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
CREASETActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Other information technology and computer services
NACE 62900Graphic design and visual communication NACE 74120
5th largest company by equity in Braine-l'Alleud, Telecoms and IT sector2 sites
Size
€6.5mturnover 2025
Staff
12.3 FTE
Equity
€2.0m
Profit
€179,660
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
BEVIZION · 100%
Holdings
1
Auditor: BOES & VERRUE2025 accounts 17 days early6 of 34 deeds summarised
Why 88raises riskLiquidity: current ratio 0.97, cash €200,286, halvedSize: turnover €6.5m, 12.3 FTE, total assets €6.0mlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Founded in 1986Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 62, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 59+25
equity 33.8% of total assets
Liquidity 27+1
short-term debt 53.0% · cash 3.4%
Profitability 67+5
return on assets 3.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,163 companies, NACE 62, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.4 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, compared with 0.91 in 2024, below 1; short-term debt: 53% and cash: 3.4% of total assets), and 66.2% of the assets are financed with debt and provisions.
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 62, small): better than 43% on solvency, 23% on liquidity, 47% on profitability and 58% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.97, cash €200,286, halved
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Size: turnover €6.5m, 12.3 FTE, total assets €6.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
28 days late
2023
20 days late
2022
28 days early
2021
31 days late
2020
97 days late
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 21 August (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Moore Audit SRL (statutory auditor)Appointment: BOES & VERRUE (statutory…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Equity above €2mequity €2.0m ▲410%

Key points

  • Positive: Result rose in 2025from €46,689 to €179,660 ▲ 285% View
  • Positive: 5th largest company by equity in Braine-l'Alleud, Telecoms and IT sectorin the Checked rankings No. 5 View
  • Controlled by BEVIZIONultimately: Newport Investments 100% View
  • EU supportawarded from 2021 to 2025 €4.1m View

By topic

Financials

Financial year
2025
Turnover
€6.5m
Profit
€179,660
Solvency
33.8%
Turnover▼ 11.0%
Net result
20182025
Go to Financials

Network & group

Group
Newport Investments
Subsidiaries
1
Mergers and asset contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
47
Since
1988
Next accounts
by 31-07-2027
  1. 29-12-2025Capital & shares · Amendment of the…
  2. 28-08-2025Annual accounts filed
  3. 04-08-2025Resignations: TARGET PLUS (director) and ID-SCREEN (director)
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other information technology and computer servicesNACE 62900
Founded
04-12-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
18
Annual meeting
First Wednesday of June at 18:00
Purpose
“La conception, la création, la réalisation, la mise au net de supports publicitaires, des…” (deed in French)
Go to Articles of association

Key facts about CREASET

What is the company number of CREASET?
0429.942.206. In Belgium the VAT number is the company number with BE in front: BE 0429.942.206.
Where is CREASET based?
The registered office is at Avenue de l'Industrie 13, 1420 Braine-l'Alleud.Company details
What does CREASET do?
According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of CREASET?
Public limited company (NV).
When was CREASET founded?
On 04-12-1986.
Is CREASET still active?
Yes, CREASET is an active enterprise in the KBO register.
How many employees does CREASET have?
On average 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CREASET?
€6.5m in financial year 2025, according to the filed annual accounts.
Is CREASET profitable?
In financial year 2025, CREASET made a profit of €179,660.
Where can I find the annual accounts of CREASET?
CREASET filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREASET due?
By 31-07-2027, for financial year 2026.Timeline

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