Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe file of CREATEC contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.8% (moderate). The 2024 annual accounts show equity of €82k and a net result of €-9k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 11081 sector peers (fiscal year 2024).
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
3 eventsTrust signals
1 signalAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.8% | 40.9% | |
| Net result | €-9k | €11k | |
| Equity | €82k | €34k | |
| Gross operating margin | €-13k | €35k | |
| Staff costs | €241 | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-14k |
| Net profit | €-9k |
| Cash flow | €-4k |
| Staff costs | €241 |
| Income taxes | €480 |
| Dividends | - |
| Total assets | €179k |
| Equity | €82k |
| Debt | €97k |
| of which ≤ 1y | €89k |
| of which > 1y | €8k |
| Working capital | €73k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.83 |
| Quick ratio | 1.83 |
| Working capital ratio | 41.0% |
| Solvency | 45.8% |
| Debt / equity | 1.18 |
| Long-term debt ratio | 0.10 |
| Interest coverage | -2.95 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.1% |
| ROE | -11.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €179k |
| Fixed assets | 21/28 | €17k |
| Tangible fixed assets | 22/27 | €17k |
| Financial fixed assets | 28 | €225 |
| Current assets | 29/58 | €162k |
| Amounts receivable within one year | 40/41 | €109k |
| Cash & bank | 54/58 | €35 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €179k |
| Equity | 10/15 | €82k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €76k |
| Amounts payable | 17/49 | €97k |
| Amounts payable after one year | 17 | €8k |
| Amounts payable within one year | 42/48 | €89k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-19k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-9k |
| Income taxes | 67/77 | €480 |
| Net result for the period | 9904 | €-9k |
| Result to be appropriated | 9905 | €-9k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
indexingDirectors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CARL SCHREURS PASTOOR RAEYMAEKERS-
STRAAT 25, 3600 GENK |
22-01-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Sanitaire werkzaamheden(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-2002 |
| Status | Active |
| Postal code | 3580 |
| First BS signal | 28-01-2026 |
| Latest BS signal | 01-04-2026 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0149/00P002 | Flanders | 7,595 m² | 1 · 289 m² | 13.0 m · 1 fl. |
Publications
Lifecycle & Insolvency Signals
3 events from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 acts15-03-2024 Registered office moved from Koersel to Beringen
- Vrevijverstraat 35, 3582 Koersel, België → Ward Schoutedenstraat 3 bus 16 te 3580 Beringen
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on solvency, weaker on profitability.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
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