Equity
€256,027 ▼ 1.5%
CREDOFIN paid out €80,000 in dividends in a year with a loss of €15,665.
CREDOFIN
Lifetime
18 annual accounts with figures on one time axispeak €900,328 (2025)
€900,328▲ 164%
lowest -€15,665 (2025)
-€15,665▼ €29,251
peak €526,452 (2015)
€256,027▼ 1.5%
€1.8m▲ 192%
peak 3.2 FTE (2024)
-not published
Board11 names since 2015
2 directorsCAREMI INVEST and 1 other
Owners2 names in the annual accounts
25%Fena
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €341,581 to €900,328Loss of €15,665Merger: CREDOFIN takes over BV MATTHEEUWS-DE KESEL 04-08Merger proposal: Credofin takes over Mattheeuws - De Kesel 26-05Dividend €80,000Debts from €624,719 to €1.8m
Key points
from the 2025 annual accountsDebts
€1.8m 87% of the balance sheet
Financial debts 72%Suppliers 8%Taxes and wages 6%Other 14%
Of this, €544,741 falls due within a year.
Securities
€650,000
Mortgage mandates, new in 2025. 2.5 times equity · not in the 2024 accounts.
Investments
€2.2m 7.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 477.9% higher than in 2024.
Staff
6.7 FTE ▲ 109%
More staff in 2025 from 3.2 FTE to 6.7 FTE.
Liquidity
0.61 was 1.49 in 2024
Short-term debts rose from €172,958 to €544,741.
2025 accounts filed 31 days after the deadlineFinancial institution: outside the modelBankruptcy probability: sector outside the modelTotal assets +133%: merger
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3076 sector peers (2025).
NBB · sector comparisonPosition among 3076 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days early
2023
28 days early
2022
33 days early
2021
33 days early
2020
16 days early
2019
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 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 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VADEVE 33.33%equity €221,261 (2025) · 30-06-2024 annual accounts of VADEVE
- Fena 25%equity €664,125 (2025) · 30-09-2025 annual accounts of Fena
Recent changes
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Lievegem
Merger: CREDOFIN takes over BV MATTHEEUWS-DE KESEL
Dissolution of the company · Dissolved without liquidation · Issue of 91,412 shares · General meeting of 30-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0892874805
Merger proposal: Credofin takes over Mattheeuws - De Kesel
Permanent representative: Van Nevel Nathalie · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CREDOFIN Lievegem | €2.1m | €0.9m | 12.2% | - |
| GHIJS Maarkedal | €1.9m | €0.8m | 70.4% | 6.5 |
| Gilis & Monstrey Bierbeek | €2.0m | €0.8m | 78.2% | 4.6 |
| AssurArt.be Olen | €2.0m | €0.8m | 42.9% | 4.4 |
| VIV'ASSUR Verviers | €1.9m | €1.0m | 55.7% | 9.2 |
| ADC BEERNEM Beernem | €2.0m | €0.8m | 83.8% | 5 |
| Gossuin & Blanchart Woluwe-Saint-Pierre | €1.9m | €0.8m | 44.5% | - |
These companies have the same main activity as CREDOFIN: insurance agents and brokers (NACE 66220). They are comparable in size and age: total assets between €1.9m and €2m, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 17-10-2007Normal situation
- Activity
- Insurance agents and brokersNACE 66220and 1 other
- Joint committee
- 307Insurance brokers and agencies · annual accounts 2024
- Establishment unit
- 2.165.872.8149920 Lievegem, since 25-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 19-06-2025
Insights on CREDOFIN
CREDOFIN files the micro format. That format states no turnover. The gross margin rose from €40,736 in 2008 to €900,328 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
In August 2025, five directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CREDOFIN
- What is the company number of CREDOFIN?
- The company number of CREDOFIN is 0892.874.805. The VAT number is the same number with BE in front: BE 0892.874.805.
- Where is CREDOFIN based?
- The registered office is at Molendreef 13, 9920 Lievegem.Company details
- What does CREDOFIN do?
- According to the KBO register, the main activity is insurance agents and brokers (NACE 66220).
- What is the legal form of CREDOFIN?
- CREDOFIN is a private limited company (BV).
- When was CREDOFIN founded?
- CREDOFIN was founded on 17-10-2007.
- Is CREDOFIN still active?
- Yes, CREDOFIN is an active enterprise in the KBO register.
- How many employees does CREDOFIN have?
- CREDOFIN had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CREDOFIN fall under?
- In its 2024 annual accounts, CREDOFIN states joint committee 307 (Insurance brokers and agencies).
- What is the turnover of CREDOFIN?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €900,328 and 31 comparable companies (NACE 66). It probably lies between €1.3m and €1.7m.
- Is CREDOFIN profitable?
- In financial year 2025, CREDOFIN made a loss of €15,665.
- Where can I find the annual accounts of CREDOFIN?
- CREDOFIN filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CREDOFIN due?
- CREDOFIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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