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CREATO KEUKENS

Active
Private limited company (pre-2019)founded 200719 yrs activeEngelse Wandeling(Kor) 2, 8500 Kortrijk, BelgiumKBO/BCE: BE 0891.555.803

CREATO KEUKENS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.56M and a net result of €886k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 2152 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+5
Solvency94▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 5.06 in 2024; short-term debt: 31.2% and cash: 28.4% of total assets), and 31.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.8%
Return on assets
23.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
13 d early
2023
31 d late
2022
45 d early
2021
40 d early
2020
23 d early
2019
39 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.56M▼ 10.9%
2024 · €2.88M
2018: €334k 2019: €560k 2020: €998k 2021: €1.54M 2022: €2.08M 2023: €2.59M 2024: €2.88M
2018 → 2025
Total assets
€3.73M▲ 5.6%
2024 · €3.53M
2018: €482k 2019: €766k 2020: €1.29M 2021: €2.14M 2022: €2.75M 2023: €3.22M 2024: €3.53M
2018 → 2025
Net result
€886k▲ 26.7%
2024 · €699k
2018: €119k 2019: €227k 2020: €526k 2021: €614k 2022: €800k 2023: €866k 2024: €699k
2018 → 2025
Working capital
€2.40M▼ 9.5%
2024 · €2.65M
2018: €304k 2019: €467k 2020: €922k 2021: €1.47M 2022: €1.80M 2023: €2.34M 2024: €2.65M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.54M-€2.08M▲ 35.0%€2.59M▲ 24.8%€2.88M▲ 11.0%€2.56M▼ 10.9%
Operating result€793k-€966k▲ 21.8%€1.08M▲ 11.5%€840k▼ 22.1%€1.13M▲ 34.4%
Net result€614k-€800k▲ 30.4%€866k▲ 8.2%€699k▼ 19.3%€886k▲ 26.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00MOperating result 2021: €793k€793kNet result 2021: €614k€614kOperating result 2022: €966k€966kNet result 2022: €800k€800kOperating result 2023: €1.08M€1.08MNet result 2023: €866k€866kOperating result 2024: €840k€840kNet result 2024: €699k€699kOperating result 2025: €1.13M€1.13MNet result 2025: €886k€886k20212022202320242025
The operating result recovers in 2025; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.73M
Fixed assets €165k▼ 27.2%
Current assets €3.56M▲ 7.8%
Equity and liabilities €3.73M
Equity €2.56M▼ 10.9%
Debt €1.16M▲ 78.1%
The debt ratio rises from 18.5% to 31.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.19M
2024 · €898k
Cash flow
€947k
2024 · €758k
Solvency
68.8%
2024 · 81.5%
Current ratio
3.06
2024 · 5.06
Quick ratio
2.94
2024 · 4.71
Debt / equity
0.45
2024 · 0.23
ROE
34.6%
2024 · 24.3%
ROA
23.8%
2024 · 19.8%
Interest coverage
281.19
2024 · 1129.65
Debt
€1.16M
2024 · €653k
Debt ≤ 1 year
€1.16M
2024 · €653k
Income taxes
€312k
2024 · €245k
Staff costs
€391k
2024 · €432k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.53M€3.73M
Fixed assets21/28€227k€165k
Tangible fixed assets22/27€226k€164k
Plant, machinery and equipment23€192k€144k
Furniture and vehicles24€24k€11k
Other tangible fixed assets26€11k€9k
Assets under construction and advance payments27€0-
Financial fixed assets28€500€500=
Current assets29/58€3.30M€3.56M
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€230k€139k
Stocks30/36€230k€139k
Amounts receivable within one year40/41€1.43M€1.06M
Trade receivables40€697k€921k
Other amounts receivable41€735k€139k
Current investments50/53€1.09M€1.30M
Cash at bank and in hand54/58€543k€1.06M
Deferred charges and accrued income490/1€6k€3k
Equity and liabilities
Total equity and liabilities10/49€3.53M€3.73M
Equity10/15€2.88M€2.56M
Contributions10/11€21k€21k=
Reserves13€2.86M€2.54M
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€147k€126k
Distributable reserves133€2.71M€2.41M
Profit (loss) carried forward14€0€0=
Amounts payable17/49€653k€1.16M
Amounts payable within one year42/48€653k€1.16M
Trade debts44€21k€28k
Suppliers440/4€21k€28k
Advances received on contracts in progress46€150k€247k
Taxes, remuneration and social security45€47k€83k
Taxes450/3€13k€57k
Remuneration and social security454/9€33k€26k
Other amounts payable47/48€436k€805k
Income statement Code20242025
Remuneration, social security and pensions62€432k€391k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€62k
Other operating charges640/8€5k€3k
Gross operating margin9900€1.34M€1.58M
Operating profit (loss)9901€840k€1.13M
Financial income75/76B€105k€73k
Recurring financial income75€105k€73k
Financial charges65/66B€795€4k
Recurring financial charges65€795€4k
Profit (loss) for the period before taxes9903€944k€1.20M
Income taxes67/77€245k€312k
Profit (loss) for the period9904€699k€886k
Transfer from tax-exempt reserves789€0€21k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€699k€907k
Appropriation of the result
Profit (loss) to be appropriated9906€699k€907k
Transfer from equity791/2€225k€960k
Transfer to equity691/2€510k€667k
To other reserves6921€510k€667k
Profit to be distributed694/7€414k€1.20M
Return on contributions (dividend)694€225k€960k
Directors or managers695€189k€240k
Social balance
Average headcount (FTE)90876.15.5

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €886k ▲26.7%
Operating result €1.13M, net result €886k, both a record.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
16-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €2MEq €2.08M ▲35%
5 profitable years in a row build equity to €2.08M.
21-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €1MEq €1.54M ▲54.1%
4 profitable years in a row build equity to €1.54M.
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €500kEq €560k ▲67.8%
2 profitable years in a row build equity to €560k.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Engelse Wandeling(Kor) 28500 Kortrijk
Ground area
5.3 ha
Building footprint
2,087 m²
Volume, LiDAR
12,304 m³
Parcel 34022E0660/00Y002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Creato Keukens
Engelse Wandeling(Kor) 2, 8500 KortrijkNACE 4525005
since 20072.164.632.006
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34022E0660/00Y002
ProtectedMonumentDakpannenfabriek De Pottelberg: stoommachines, stoomketelfronten, pannenpers en deel kleispoorlijnSource ↗
Flanders 5.3 ha 1 · 2,087 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Recognitions · licences · registrations

Legal Entity Identifier

8755003UC8KWTZO5TU40
live in the LEI register

Similar companies · same sector, comparable size

Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 3,348 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded22-08-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
47551Retail sale of household furniture
47591Retail trade
47552Retail sale of lighting equipment
47592Retail trade
52441
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.