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CREDON

Active Private limited companyfounded 2006active for 20 yearsIndustrieweg 116, 3980 Tessenderlo-HamKBO/BCE: BE 0884.097.986 subsidiary of AEXIS INTERNATIONAL#5 company by staff growth in Tessenderlo-Ham
Part of the group 9 companies in 3 countries

Lifetime

19 annual accounts with figures on one time axis
peak €1.4m (2017)
-not published
lowest -€865,175 (2024)
-€73,102▲ €792,073
peak €2.2m (2020)
€557,845▼ 11.6%
€2.2m▲ 4.6%
peak 24.8 FTE (2024)
20.8 FTE▼ 16.1%
Board9 names since 2018
- 
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025financial year
Loss of €73,102Staff from 24.8 FTE to 20.8 FTETransfer proposal: AEXIS INTERNATIONAL transfers a branch of… 04-12Cash from €191,312 to €482,077

Key points

from the 2025 annual accounts

Equity

€557,845 from €2.2m in 2020

Equity fell by 74% in 5 years.

Result

-€73,102 ▲ 91.6%
-€865,0002024-€73,1002025

The result rose in 2025 from -€865,175 to -€73,102.

Debts

€2.2m 80% of the balance sheet
Financial debts 13%Suppliers 22%Taxes and wages 18%Other 47%

Of this, €1.6m falls due within a year.

Staff

19 employees on 31-12-2025
1920214120221022023322024182025

In 2025, 1 person joined and 8 left.

Payment terms

47 days to suppliers
Suppliers
67 to 47
Customers
139 to 125

CREDON pays its suppliers 20 days earlier than in 2024. Customers pay 14 days earlier.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 3 to 30 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,507 companies had the same profile as CREDON has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 2,507 companies, not a prediction for CREDON. 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

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Signals

Board and ownership

last known board
Director, last mentioned in 2020
Director, last mentioned in 2020
Manager, until 2020
Director, last mentioned in 2020
Auditor,
  • 100%score equity €6.4m (2025) · 2025 annual accounts of AEXIS INTERNATIONAL
  • consolidatesannual accounts 2025

Shares in 1 company,

Board & ownership

Recent changes

Transfer proposal: AEXIS INTERNATIONAL transfers a branch of activity to CREDON Board meeting of 20-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0884097986
Reappointment: (statutory auditor) General meeting of 30-06-2023 · Gazette deed
Permanent representatives: , , and Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-2023 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
CREDON Tessenderlo-Ham €6.0m -0.3% 20.0% 20.8
Flexso Analytics Kontich €6.3m 9.7% 14.0% 20.3
i8c Kontich €7.4m 9.5% 50.6% 31.2
ZETICON Ghent €4.2m -7.9% -23.1% 23.1
Access From Everywhere Benelux Forest €5.9m 16.5% 21.3% 28.8
EUROPEAN GAS SHIPPING SERVICES & INFORMATION SYSTEMS Aalst €4.3m 19.1% 77.4% 14.4
ONTOFORCE Ghent €2.7m - -55.4% 23
-10%0%10%20%€5m€50m€500m€5bnCREDONEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as CREDON: computer programming (NACE 62100). They are comparable in size and age: total assets between €2.4m and €3.7m, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 09-10-2006Normal situation
Activity
Computer programmingNACE 62100
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.157.272.3773980 Tessenderlo, since 09-10-2006
Financial year end
31 December
Peppol
Reachable since 23-10-2025
Company details

Annual accounts 2025

€2.8m▲ 0.9%
Employeeson 31-12-2025
19▼ 26.9%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Companies linked to CREDON

Parent and group

Insights on CREDON

CREDON has existed since 2006. In 2009 the gross margin rose from €52,294 to €155,294 and staff from 1 to 2.5 full-time equivalents.

AEXIS INTERNATIONAL holds all the shares.

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 CREDON

What is the company number of CREDON?
The company number of CREDON is 0884.097.986. The VAT number is the same number with BE in front: BE 0884.097.986.
Where is CREDON based?
The registered office is at Industrieweg 116, 3980 Tessenderlo-Ham.Company details
What does CREDON do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of CREDON?
CREDON is a private limited company (BV).
When was CREDON founded?
CREDON was founded on 09-10-2006.
Is CREDON still active?
Yes, CREDON is an active enterprise in the KBO register.
How many employees does CREDON have?
CREDON had an average of 20.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CREDON fall under?
In its 2025 annual accounts, CREDON states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of CREDON?
The turnover of CREDON was €6.0m in financial year 2025, according to the filed annual accounts.
Is CREDON profitable?
In financial year 2025, CREDON made a loss of €73,102.
Where can I find the annual accounts of CREDON?
CREDON filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREDON due?
CREDON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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