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Creat

Active
Cooperative companyfounded 2014active for 12 yearsStropstraat 1, 9000 Gent, BelgiumKBO/BCE: BE 0554.887.312
Summary

Creat has been active since 2014 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 €179,023. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 20% of 6,081 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€50.2mturnover 2025
Equity
€2.0m
Profit
€179,023
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Farys · 69.52%
Accounts 49 days early0 of 20 deeds read
Why 87raises riskLiquidity: current ratio 1.22, cash €118,081, halvedSector: Wholesale trade (NACE 46)lowers riskSize: turnover €50.2m, total assets €11.0mFounded in 2014Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 43+8
equity 18.2% of total assets
Liquidity 6+4
short-term debt 81.8% · cash 1.1%
Profitability 42+2
return on assets 1.6%
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% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.3%▼ -0.1 percentage points 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: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points 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: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 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 tight (current ratio 1.22, compared with 1.11 in 2024; short-term debt: 81.8% and cash: 1.1% of total assets), and 81.8% 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 46, medium-sized): better than 22% on solvency, 8% on liquidity, 24% on profitability and 81% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €50.2m, total assets €11.0m
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 1.22, cash €118,081, halved
NBB · annual accounts
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 6081 sector peers (2025).
NBB · sector comparison
Position among 6081 sector peers
Solvency
better than 20%
← weakest strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
24 days early
2023
29 days early
2022
28 days early
2021
48 days early
2020
31 days early
2019
39 days early
← 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 35 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2025net €201,403 ▲44%

Key points

  • Positive: 7 years of growth in a rowturnover 2025: €50.2m 7 years View
  • Caution: Among the weakest 20% on solvencysector median 45.7% · 6,081 companies 18.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Farys 69.52% View

By topic

Financials

Financial year
2025
Turnover
€50.2m
Profit
€179,023
Solvency
18.2%
Turnover▲ 20.9%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-07-2027
  1. 02-07-2024Annual accounts filed
  2. 03-07-2023Annual accounts filed
  3. 13-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Cooperative company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
26-06-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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