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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 6,105 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%
Board
20 members
Auditor: Figurad Bedrijfsrevisoren bvAccounts 49 days early3 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% (745 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, below the usual 1.5; short-term debt: 81.8% and cash: 1.1% of total assets), and 81.8% 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 46, medium-sized): better than 22% on solvency, 8% on liquidity, 24% on profitability and 81% on growth.

The bankruptcy probability was computed on 20-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €50.2m, total assets €11.0m
Companies of this size fail less often; how much that weighs 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
Companies that have existed this long fail less often; how much that weighs 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 6105 sector peers (2025).
NBB · sector comparison
Position among 6105 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
20-10-2026 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. Resignations: Hina Habib BHATTI, Kristof CORNELIS…Reappointments: GRYFFROY Andries, VAN ELSEN…
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
€50.2m▲ 20.9%
2024 · €41.5m
EBIT margin
0.5%▼ 0.2pp
2024 · 0.7%
Net result
€179,023▼ 11.1%
2024 · €201,403
Working capital
€2.0m▲ 10.4%
2024 · €1.8m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 8% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€50.2m 2025 Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€10.0m-€15.0m▲ 50.1%€16.3m▲ 8.3%€16.4m▲ 0.8%€19.8m▲ 20.9%€28.1m▲ 41.8%€41.5m▲ 47.6%€50.2m▲ 20.9%
Operating result€0.07m-€0.08m▲ 23.2%€0.1m▲ 61.0%€0.08m▼ 39.6%€0.2m▲ 128%€0.2m▼ 2.3%€0.3m▲ 57.3%€0.3m▼ 8.0%
Net result€0.05m-€0.06m▲ 21.7%€0.1mwithin the sector's middle half▲ 64.0%€0.06mwithin the sector's middle half▼ 39.3%€0.1mwithin the sector's middle half▲ 127%€0.1mwithin the sector's middle half▼ 0.3%€0.2mwithin the sector's middle half▲ 44.0%€0.2mwithin the sector's middle half▼ 11.1%
EBIT margin0.7%-0.6%▼ 0.1pp0.8%▲ 0.3pp0.5%▼ 0.3pp0.9%▲ 0.4pp0.7%▼ 0.3pp0.7%=0.5%▼ 0.2pp
Equity€1.1m-€1.2m▲ 2.9%€1.2mwithin the sector's middle half▲ 6.0%€1.3mwithin the sector's middle half▲ 5.3%€1.4mwithin the sector's middle half▲ 11.2%€1.6mwithin the sector's middle half▲ 10.6%€1.8mwithin the sector's middle half▲ 13.5%€2.0mwithin the sector's middle half▲ 10.4%
Total assets€11.2m-€15.2m▲ 36.1%€11.4mabove the sector's middle half▼ 25.2%€13.4mabove the sector's middle half▲ 18.1%€10.4mwithin the sector's middle half▼ 22.3%€13.3mabove the sector's middle half▲ 27.2%€18.6mabove the sector's middle half▲ 40.6%€11.0mwithin the sector's middle half▼ 41.1%
Debt€10.0m-€14.0m▲ 39.9%€10.1m▼ 27.8%€12.1m▲ 19.7%€9.0m▼ 25.9%€11.7m▲ 29.8%€16.8m▲ 44.3%€9.0m▼ 46.7%
Working capital€1.1m-€1.2m▲ 2.9%€1.2mwithin the sector's middle half▲ 6.0%€1.3mwithin the sector's middle half▲ 5.3%€1.4mwithin the sector's middle half▲ 11.3%€1.6mwithin the sector's middle half▲ 10.8%€1.8mwithin the sector's middle half▲ 13.5%€2.0mwithin the sector's middle half▲ 10.4%
Solvency10.1%-7.6%▼ 2.5pp10.8%below the sector's middle half▲ 3.2pp9.6%below the sector's middle half▼ 1.2pp13.8%below the sector's middle half▲ 4.2pp12.0%below the sector's middle half▼ 1.8pp9.7%below the sector's middle half▼ 2.3pp18.2%below the sector's middle half▲ 8.5pp
Current ratio1.11-1.08▼ 0.031.12below the sector's middle half▲ 0.041.11below the sector's middle half▼ 0.011.16within the sector's middle half▲ 0.051.14below the sector's middle half▼ 0.021.11below the sector's middle half▼ 0.031.22within the sector's middle half▲ 0.11
Return on assets (ROA)0.5%-0.4%=0.9%within the sector's middle half▲ 0.5pp0.5%below the sector's middle half▼ 0.4pp1.3%within the sector's middle half▲ 0.9pp1.1%within the sector's middle half▼ 0.3pp1.1%within the sector's middle half=1.6%within the sector's middle half▲ 0.6pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €11.0m
Equity €2.0m ▲ 10.4%
Debt €9.0m ▼ 46.7%
Debt's share of the balance-sheet total falls from 90.3% to 81.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
4.50▼
2024 · 9.32
ROE
9.0%▼
2024 · 11.1%
Debt ≤ 1 year
€9.0m▼
2024 · €16.8m
Income taxes
€88,586▼
2024 · €89,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 290 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 96.9% are still going.

  • Medium-sized
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.0% went bankrupt
3.1% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 290 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€18.6m€11.0m▼
Current assets29/58€18.6m€11.0m▼
Amounts receivable within one year40/41€18.4m€10.9m▼
Trade receivables40€18.3m€10.8m▼
Other amounts receivable41€0.05m€0.06m▲
Cash at bank and in hand54/58€0.3m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€18.6m€11.0m▼
Equity10/15€1.8m€2.0m▲
Contributions10/11€1.2m€1.2m▲
Reserves13€0.6m€0.8m▲
Distributable reserves133€0.6m€0.8m▲
Amounts payable17/49€16.8m€9.0m▼
Amounts payable within one year42/48€16.8m€9.0m▼
Trade debts44€15.0m€6.9m▼
Suppliers440/4€15.0m€6.9m▼
Taxes, remuneration and social security45€0.04m€0.02m▼
Taxes450/3€0.02m€0.003m▼
Remuneration and social security454/9€0.02m€0.02m▼
Other amounts payable47/48€1.8m€2.0m▲
Income statement Code20242025
Operating income70/76A€41.5m€50.2m▲
Turnover70€41.5m€50.2m▲
Operating charges60/66A€41.2m€49.9m▲
Goods for resale, raw materials and consumables60€39.6m€48.0m▲
Purchases600/8€39.6m€48.0m▲
Services and other goods61€1.5m€1.8m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.07m€0.08m▲
Other operating charges640/8€0.001m€0.001m▲
Operating profit (loss)9901€0.3m€0.3m▼
Financial income75/76B€0.003m€0.002m▼
Recurring financial income75€0.003m€0.002m▼
Income from current assets751€0.003m€0.002m▼
Financial charges65/66B€0.001m€0.001m▲
Recurring financial charges65€0.001m€0.001m▲
Debt charges650€0.001m€0.001m▲
Profit (loss) for the period before taxes9903€0.3m€0.3m▼
Income taxes67/77€0.09m€0.09m▼
Taxes670/3€0.09m€0.09m▼
Profit (loss) for the period9904€0.2m€0.2m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▼
Transfer to equity691/2€0.2m€0.2m▼
To other reserves6921€0.2m€0.2m▼

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€16.4m€19.8m€28.1m€41.5m€50.2m▲ 20.9%
Turnover70€10.0m€15.0m€16.3m€16.4m€19.8m€28.1m€41.5m€50.2m▲ 20.9%
Operating charges60/66A---€16.3m€19.6m€27.9m€41.2m€49.9m▲ 21.1%
Goods for resale, raw materials and consumables60---€15.5m€18.6m€26.7m€39.6m€48.0m▲ 21.2%
Purchases600/8---€15.5m€18.6m€26.7m€39.6m€48.0m▲ 21.2%
Services and other goods61---€0.8m€1.0m€1.2m€1.5m€1.8m▲ 19.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.07m€0.08m▲ 22.0%
Other operating charges640/8---€0.001m€0.001m€0.001m€0.001m€0.001m▲ 10.0%
Operating profit (loss)9901€0.07m€0.08m€0.1m€0.08m€0.2m€0.2m€0.3m€0.3m▼ 8.0%
Financial income75/76B---€0.001m€0.001m€0.004m€0.003m€0.002m▼ 11.4%
Recurring financial income75€0.009m€0.003m€0.001m€0.001m€0.001m€0.003m€0.003m€0.002m▼ 11.4%
Income from current assets751---€0.001m€0.001m€0.003m€0.003m€0.002m▼ 11.4%
Non-recurring financial income76B-----€0.001m---
Financial charges65/66B---€301€439€0.001m€0.001m€0.001m▲ 2.0%
Recurring financial charges65€0.005m€0.001m€0.001m€301€439€0.001m€0.001m€0.001m▲ 2.0%
Debt charges650€0.005m€0.001m€0.001m€301€439€0.001m€0.001m€0.001m▲ 2.0%
Profit (loss) for the period before taxes9903€0.07m€0.09m€0.1m€0.08m€0.2m€0.2m€0.3m€0.3m▼ 8.1%
Income taxes67/77€0.02m€0.02m€0.03m€0.02m€0.05m€0.05m€0.09m€0.09m▼ 1.3%
Taxes670/3---€0.02m€0.05m€0.05m€0.09m€0.09m▼ 1.3%
Tax adjustments and reversals of tax provisions77----€218€58---
Profit (loss) for the period9904€0.05m€0.06m€0.1m€0.06m€0.1m€0.1m€0.2m€0.2m▼ 11.1%
Profit (loss) for the period to be appropriated9905€0.05m€0.06m€0.1m€0.06m€0.1m€0.1m€0.2m€0.2m▼ 11.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€11.2m€15.2m€11.4m€13.4m€10.4m€13.3m€18.6m€11.0m▼ 41.1%
Fixed assets21/28€0.002m€0.002m€0.002m€0.002m€0.002m----
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m----
Affiliated companies280/1---€0.002m€0.002m----
Participating interests280---€0.002m€0.002m----
Current assets29/58€11.2m€15.2m€11.4m€13.4m€10.4m€13.3m€18.6m€11.0m▼ 41.1%
Stocks and contracts in progress3€0.08m€0.02m-------
Amounts receivable within one year40/41€11.1m€15.1m€11.2m€13.3m€10.3m€13.1m€18.4m€10.9m▼ 40.9%
Trade receivables40---€9.1m€10.2m€13.1m€18.3m€10.8m▼ 41.0%
Other amounts receivable41---€4.2m€0.08m€0.01m€0.05m€0.06m▲ 13.4%
Cash at bank and in hand54/58€0.008m€0.1m€0.1m€0.1m€0.1m€0.1m€0.3m€0.1m▼ 58.3%
Equity and liabilities
Total equity and liabilities10/49€11.2m€15.2m€11.4m€13.4m€10.4m€13.3m€18.6m€11.0m▼ 41.1%
Equity10/15€1.1m€1.2m€1.2m€1.3m€1.4m€1.6m€1.8m€2.0m▲ 10.4%
Contributions10/11€1.1m--€1.1m€1.1m€1.1m€1.2m€1.2m▲ 0.7%
Reserves13€0.02m€0.04m€0.1m€0.2m€0.3m€0.4m€0.6m€0.8m▲ 27.8%
Distributable reserves133---€0.2m€0.3m€0.4m€0.6m€0.8m▲ 27.8%
Profit (loss) carried forward14€0.003m€0.001m-------
Amounts payable17/49€10.0m€14.0m€10.1m€12.1m€9.0m€11.7m€16.8m€9.0m▼ 46.7%
Amounts payable within one year42/48€10.0m€14.0m€10.1m€12.1m€9.0m€11.7m€16.8m€9.0m▼ 46.7%
Trade debts44€7.5m€10.3m€6.3m€7.3m€8.1m€10.4m€15.0m€6.9m▼ 53.8%
Suppliers440/4---€7.3m€8.1m€10.4m€15.0m€6.9m▼ 53.8%
Taxes, remuneration and social security45---€0.02m€0.04m€0.03m€0.04m€0.02m▼ 39.3%
Taxes450/3---€0.004m€0.03m€0.01m€0.02m€0.003m▼ 81.1%
Remuneration and social security454/9---€0.02m€0.02m€0.02m€0.02m€0.02m▼ 4.1%
Other amounts payable47/48---€4.8m€0.8m€1.2m€1.8m€2.0m▲ 13.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€51,107€62,178€101,997€61,941€140,319€139,906€201,403€179,023▼ 11.1%
Operating cash flow (approximation)€51,107€62,178€101,997€61,941€140,319€139,906€201,403€179,023▼ 11.1%
Investment in fixed assets (approximation)-€0€0€0€0----
Change in cash-€89,198€14,637€26,818-€20,561€315€164,566-€165,302-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 12-06-2026 2026-00170014
31-12-2024 full format 07-07-2025 2025-00250820
31-12-2023 full format 02-07-2024 2024-00222354
31-12-2022 full format 03-07-2023 2023-00210251
31-12-2021 full format 13-06-2022 2022-20064776
31-12-2020 full format 30-06-2021 2021-28400331
31-12-2019 full format 22-06-2020 2020-20200466
31-12-2018 full format 01-07-2019 2019-28100191
31-12-2017 full format 06-07-2018 2018-31100245
31-12-2016 full format 04-07-2017 2017-28700517

Show all 11 filings

Similar companies · same sector, comparable size

Of the 6,002 active companies whose main activity is agents in non-specialised wholesale trade (NACE 46190), figures are known for 2,557. 804 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2025
This board is reconstructed from a single act (25110439). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 20

Stephanie D'HOSE
Voorzitter van het college van bestuurders · since 13-06-2025 · Director · since 13-06-2025
Current
Maxim VEYS
Ondervoorzitter van het college van bestuurders · since 13-06-2025 · Director · since 13-06-2025
Current
Benedikte DEMUNCK
Director · since 13-06-2025
Current
Caroline VAN GEYT
Director · since 13-06-2025
Current
COUCKUYT Eddy
Director · since 13-06-2025
Current
DE DECKER Carl
Director · since 13-06-2025
Current
Emile DESIMPEL
Director · since 13-06-2025
Current
Etienne SCHOUPPE
Director · since 13-06-2025
Current
Show all 20 directors
Frieda ARDIES
Director · since 13-06-2025
Current
GRYFFROY Andries
Director · since 13-06-2025
Current
Jill SCHELLENS
Director · since 13-06-2025
Current
Lien VAN DOOREN
Director · since 13-06-2025
Current
Olivier STRUBBЕ
Director · since 13-06-2025
Current
PORTO-CARRERO Marleen
Director · since 13-06-2025
Current
Silke VAN VAERENBERGH
Director · since 13-06-2025
Current
Sven TAELDEMAN
Director · since 13-06-2025
Current
Tony VANCAUWENBERGH
Director · since 13-06-2025
Current
VAN ELSEN Koenraad
Director · since 13-06-2025
Current
VAN LAECKE Filip
Director · since 13-06-2025
Current
VERMEULEN Jan
Director · since 13-06-2025
Current

Day-to-day management 1

PORTO-CARRERO Marleen
Managing director · since 13-06-2025
Current

Statutory auditor 1

Figurad Bedrijfsrevisoren bv
Statutory auditor · since 13-06-2025 · permanent representative: Bart MEGANCK
Current

Other functions 1

Pascale AERTS
Secretaris van het college van bestuurders · since 13-06-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
17 of this company's 20 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

35 people since 2025, 22 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Benedikte DEMUNCK
  • Director, from 13-06-2025 to date
Caroline VAN GEYT
  • Director, from 13-06-2025 to date
COUCKUYT Eddy
  • Director, since before 13-06-2025
DE DECKER Carl
  • Director, since before 13-06-2025
Emile DESIMPEL
  • Director, from 13-06-2025 to date
Etienne SCHOUPPE
  • Director, from 13-06-2025 to date
Frieda ARDIES
  • Director, from 13-06-2025 to date
GRYFFROY Andries
  • Director, since before 13-06-2025
Jill SCHELLENS
  • Director, from 13-06-2025 to date
Lien VAN DOOREN
  • Director, from 13-06-2025 to date
Maxim VEYS
  • Ondervoorzitter van het college van bestuurders, from 13-06-2025 to date
  • Director, from 13-06-2025 to date
Olivier STRUBBЕ
  • Director, from 13-06-2025 to date
PORTO-CARRERO Marleen
  • Director, since before 13-06-2025
  • Managing director, from 13-06-2025 to date
Silke VAN VAERENBERGH
  • Director, from 13-06-2025 to date
Stephanie D'HOSE
  • Voorzitter van het college van bestuurders, from 13-06-2025 to date
  • Director, from 13-06-2025 to date
Sven TAELDEMAN
  • Director, from 13-06-2025 to date
Tony VANCAUWENBERGH
  • Director, from 13-06-2025 to date
VAN ELSEN Koenraad
  • Director, since before 13-06-2025
VAN LAECKE Filip
  • Director, since before 13-06-2025
VERMEULEN Jan
  • Director, since before 13-06-2025
Figurad Bedrijfsrevisoren bv
  • Statutory auditor, from 13-06-2025 to date
Pascale AERTS
  • Secretaris van het college van bestuurders, from 13-06-2025 to date
Charlotte DE SMET
  • Director, until 13-06-2025
Denis DIERICK
  • Director, until 13-06-2025
Hafsa EL-BAZIOUI
  • Director, until 13-06-2025
Hina Habib BHATTI
  • Director, until 13-06-2025
Joris NACHTERGAELE
  • Director, until 13-06-2025
Joris VANDENBROUCKE
  • Director, until 13-06-2025
Kristof CORNELIS
  • Director, until 13-06-2025
Marc DE KEYREL
  • Director, until 13-06-2025
Marc SNOECK
  • Director, until 13-06-2025
Patricia WAERNIERS
  • Director, until 13-06-2025
Rudy VAN CRONENBURG
  • Director, until 13-06-2025
Virginie DERUMEAUX
  • Director, until 13-06-2025
Wim DESLOOVERE
  • Director, until 13-06-2025
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Chain of control

  1. Farys 69.52%
  2. Creat

Highest known parent: Farys. The sources do not say who stands above it.

Owners 2

According to the 2022 annual accounts of Creat and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

According to the 2022 annual accounts of Creat and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

20 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Creat was incorporated on 26 June 2014.1 Turnover grew from €10.0m in 2018 to €50.2m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
01-09
Gazette deed Resignations: Hina Habib BHATTI, Kristof CORNELIS and 18 others
Reappointments: GRYFFROY Andries, VAN ELSEN Koenraad and 5 others · Appointments: Stephanie D'HOSE, Maxim VEYS and 14 others46 facts ▸
  • Director resignation, Hina Habib BHATTI (director)
  • Director resignation, Kristof CORNELIS (director)
  • Director resignation, Marc DE KEYREL (director)
  • Director resignation, Charlotte DE SMET (director)
  • Director resignation, Virginie DERUMEAUX (director)
  • Director resignation, Wim DESLOOVERE (director)
  • Director resignation, Denis DIERICK (director)
  • Director resignation, Hafsa EL-BAZIOUI (director)
  • Director resignation, Joris NACHTERGAELE (director)
  • Director resignation, Marc SNOECK (director)
  • Director resignation, Rudy VAN CRONENBURG (director)
  • Director resignation, Joris VANDENBROUCKE (director)
  • +34 further facts in this act
07-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Highest result from 2018 to 2025net €201,403 ▲44%
Operating result €289,547, net result €201,403, both a record.
03-12
Gazette deed Appointment: Kristof Cornelis (director)
3 facts ▸
  • General meeting, 14-06-2024
  • Director appointment, Kristof Cornelis
  • Director in office, Marleen Porto-Carrero (managing director)
02-07
NBB filing Annual accounts filed
financial year 2023 · full format
03-04
Gazette deed Resignation: Yves Miroir (director)
2 facts ▸
  • Board meeting, 24-10-2023
  • Director resignation, Yves Miroir
2023
03-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
13-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
30-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
22-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
01-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
06-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
04-07
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 11 annual accounts filed, the latest 10 are here; all 11 are under Financials.
3 of 20 deeds read
About the unread acts

Of the 20 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formCooperative company
Founded26-06-2014
Financial year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Contact
Website www.creat.be
E-mail secretariaat@creat.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0554887312
Also 9925:BE0554887312
Registered 31-10-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits

11 applications in Flanders since 2019 · 5 granted · 1 under appeal
Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Slopen of verwijderen; Verbouwen / Wijzigen Infrastructuur
Under appealsubmitted 04-01-2025authority: RVVBproject 2024169854
Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw of aanleggen; Slopen of verwijderen; Verbouwen / Wijzigen Infrastructuur
Granted on 26-05-2025submitted 02-12-2024authority: Zottegemproject 2024154045
Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Verbouwen / Wijzigen Infrastructuur
Granted on 28-09-2023submitted 03-04-2023authority: Ternatproject 2023044519
Hoogstammige bomen vellen die geen deel uitmaken van een bos; Ontbossen; Verbouwen / Wijzigen Infrastructuur
Discontinued on 12-02-2021submitted 20-08-2020authority: Provincie Vlaams-Brabantproject 2020108122
Verbouwen / Wijzigen Infrastructuur
Granted on 10-02-2021submitted 24-07-2020authority: Departement Omgevingproject 2020071109
Hoogstammige bomen vellen die geen deel uitmaken van een bos; Ontbossen; Verbouwen / Wijzigen Infrastructuur
Discontinued on 26-08-2020submitted 16-07-2020authority: Machelenproject 2020092221
Het reliëf van de bodem aanmerkelijk wijzigen; Verbouwen / Wijzigen Infrastructuur
Discontinued on 28-05-2020submitted 28-04-2020authority: Departement Omgevingproject 2020039956
Het reliëf van de bodem aanmerkelijk wijzigen; Verbouwen / Wijzigen Infrastructuur
Discontinued on 24-03-2020submitted 06-03-2020authority: Provincie Oost-Vlaanderenproject 2019148066
Verbouwen / Wijzigen Infrastructuur
Granted on 06-05-2020submitted 27-11-2019authority: Beerselproject 2019117639
Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos
Granted on 23-04-2020submitted 28-10-2019authority: Kluisbergenproject 2019131082

The 10 most recent of 11 applications.

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
registered office establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
2,626 m²
Building volume
34,946 m³
Parcel 44808H0267/00D002, Flanders · tallest building 18.6 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Farys cvba
Stropstraat 1, 9000 GentAgents in non-specialised wholesale trade
since 2014unit no. 2.234.676.793
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44808H0267/00D002 Flanders 1.1 ha 1 · 2,626 m² 18.6 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.