Turnover
≈ €120,000 estimated
The micro format states no turnover.
Credeb
Overview
Lifetime
1 annual account with figurespeak €56,178 (2025)
€56,178
peak €43,705 (2025)
€43,705
peak €48,705 (2025)
€48,705
€22,115
Board1 name since 2025
1 directorVERHELST Frederik Adolf Julia
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Incorporation 15-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 76% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 0.4%
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 3.13, cash €61,612
Equity €48,705 (68.8% of total assets)
Size: total assets €70,820
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 64% of them on solvency, 79% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Credeb has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Credeb itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Credeb. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.13, above the usual 1.5. Short-term debt is 31% and cash 87% of total assets. 31.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
21 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018650250
Incorporation
Founding capital of €5,000, 100 shares · Founder: VERHELST Frederik Adolf Julia · Appointment: VERHELST Frederik Adolf Julia (director) · published on 15-01-2025 · Gazette deed
First establishment
Foreestelaan 24, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Credeb Ghent | €70,820 | €56,178 | 68.8% | - |
| Viva Tortelduif Ghent | €68,529 | €61,812 | 68.5% | - |
| GALERICULATA Ghent | €73,729 | €57,725 | 64.8% | - |
| GDC Enterprise Ghent | €72,960 | €55,265 | 60.4% | - |
| MetBartenziel Ghent | €57,748 | €55,396 | 67.2% | - |
| LOTIV CO Ghent | €66,493 | €59,716 | 67.3% | - |
| Stoof Management Ghent | €59,534 | €47,133 | 63.4% | - |
These companies have the same main activity as Credeb: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €57,700 and €73,700, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-01-2025Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.369.175.4119000 Ghent, since 13-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Annual accounts 2025
- €56,178
- €43,705
- €48,705
- €70,820
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on Credeb
Credeb has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,705 and a net result of €43,705.
Its solvency ranks better than 64% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadline€56,178
€55,892
€43,705
€46,744
68.8%
3.13
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €86,000 and €150,000.
Balance sheet
balance sheet total €70,820 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
68.8%
Higher than 64% of 39,368 companies in 2025.
3.13
Higher than 65% of 38,051 companies in 2025.
61.7%
Higher than 92% of 38,523 companies in 2025.
Credeb
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
70,820 | |
21/28 |
2,121 | |
22/27 |
2,121 | |
24 |
2,121 | |
29/58 |
68,700 | |
40/41 |
3,688 | |
40 |
183 | |
41 |
3,505 | |
54/58 |
61,612 | |
490/1 |
3,399 | |
| Balance sheet: equity and liabilities | ||
10/49 |
70,820 | |
10/15 |
48,705 | |
10/11 |
5,000 | |
14 |
43,705 | |
17/49 |
22,115 | |
42/48 |
21,955 | |
44 |
2,707 | |
440/4 |
2,707 | |
45 |
19,248 | |
450/3 |
19,242 | |
454/9 |
7 | |
492/3 |
160 | |
| Income statement | ||
9900 |
56,178 | |
630 |
142 | |
640/8 |
144 | |
9901 |
55,892 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
37 | |
65 |
37 | |
9903 |
55,855 | |
67/77 |
12,150 | |
9904 |
43,705 | |
9905 |
43,705 | |
| Appropriation of the result | ||
9906 |
43,705 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00278450 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 56,034 | ||
| 43,847 | ||
| 2,263 | ||
| 46,744 | ||
| 68.8% | ||
| 3.13 | ||
| 0.45 | ||
| 89.7% | ||
| 61.7% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €2,263 |
| €142 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Credeb
Debt's share of the balance-sheet total is 31.2%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 15-01-2025
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 15-01-2025
Mandates through the years
1 name, the dashed line is todayVERHELST Frederik Adolf Julia
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VERHELST Frederik Adolf Julia
- Director (not named in the articles), appointed by deed of 15-01-2025, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €487 in 2025
- Source
- deed of 15-01-2025
Articles of association
deed of 15-01-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 15-01-2025 ↗
- VERHELST Frederik Adolf Julia 100 shares (100%) · €5,000
Network & group
No group
Credeb has no parent and no holdings in its annual accounts. VERHELST Frederik Adolf Julia is the only director. Credeb shares no director with another company.
At the same address
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founded in 2026 1043.793.244 |
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registered office since 13-01-2026 |
founded in 2026 1032.971.410 |
| Pendl
registered office since 02-01-2026 |
founded in 2025 1032.188.876 |
| ODILA
registered office since 01-10-2025 |
founded in 2025 1028.435.966 |
| Alpha Surgery Britt Vleeschouwer
registered office since 02-07-2025 |
founded in 2025 1025.055.121 |
| IREA
registered office since 29-03-2021 |
founded in 2021 0765.772.537 |
| Corveleyn, Eline (sole trader)
establishment since 01-02-2021 |
founded in 2021 0762.496.808 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 21 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018650250
2025
IncorporationFounding capital of €5,000, 100 shares · Founder: VERHELST Frederik Adolf Julia · Appointment: VERHELST Frederik Adolf Julia (director) · published on 15-01-20254 points ▸
- Founder, VERHELST Frederik Adolf Julia
- Founding capital, €5,000, 100 shares
- Registered office clause, Foreestelaan 24/0103, 9000 Gent
- Director appointment, VERHELST Frederik Adolf Julia (director (not named in the articles))
- The deed holds 1 more point.
First establishment Foreestelaan 24, Ghent
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1018.650.250
- VAT number
- BE 1018.650.250
- Peppol ID
- 0208:1018650250
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 15-01-2025 (in Dutch)
- Peppol
- Reachable since 09-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Credeb in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-01-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 15-01-2025 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
64999
Other financial services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van bijstand,advies en consultancy aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak…”deed of 15-01-2025 (in Dutch)
6 activities
- Het verlenen van bijstand,advies en consultancy aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van financieel,strategisch en algemeen management en beheer,marketing,productie en ontwikkeling,overnames,change management,projectmanagement,strategie,HR en personeelsbeleid,consultancy in het algemeen,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,inschrijvingsrechten,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen,administratiekantoren,instellingen en verenigingen,al dan niet met een(semi)-publiekrechtelijk statuut
- Het verwerven en aanhouden van participaties,in eender welke vorm en op eender welke wijze,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliënondernemingen,het stimuleren,de planning en coördinatie van de ontwikkeling van de ondernemingen waarin ze een participatie aanhoudt,het deelnemen aan hun beheer,bestuur,vereffening en toezicht,als ook het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Het beheren van beleggingen en van participaties in(dochter)vennootschappen.
- Het verstrekken van leningen en voorschotten en andere financiële tussenkomsten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
- Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen;alle verrichtingen,studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de aanpassing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Foreestelaan 24 registered office 9000 Ghent | 13-01-2025 | 2.369.175.411 |
Buildings and parcels at the address
- Ground area
- 1.4 ha
- Buildings
- 600 m²
- Volume, LiDAR
- 4,650 m³
- Tallest building
- 8.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44808H0750/00S000 | 1.4 ha | 1 · 600 m² | 8.9 m · 3 |