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CREDS

Active Private limited companyfounded 2019active for 7 yearsKoning Albertlaan 108, 1120 BrusselsKBO/BCE: BE 0736.886.333

Lifetime

6 annual accounts with figures on one time axis
peak €55,874 (2020)
€23,935▼ 48.6%
peak €116,460 (2025)
€116,460▲ 63.3%
peak €125,014 (2024)
€124,474▼ 0.4%
€137,459▲ 34.0%
Board1 name since 2019
1 director
Documentsfilings and deeds
25-02-2026156 days before the deadline
2025micro format
Gross margin from €46,557 to €23,935Result from €71,333 to €116,460Dividend €117,000Debts from €102,567 to €137,459Cash from €48,176 to €99,033

Key points

from the 2025 annual accounts

Equity

€124,474 ▼ 0.4%
125,0142024+116,460Profit-117,000Dividend124,4742025

CREDS paid out €117,000 in dividends. That is 100% of the 2025 profit.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Position in the sector

€116,460

Higher net result than 84% of companies in legal and accounting. Sector median €36,720 · 16,409 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as CREDS has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 26,973 companies, not a prediction for CREDS. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • founderdeed of 31-10-2019

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0736886333
Incorporation Founding capital of €6,000, 600 shares · Founder: · Appointment: (director) · published on 31-10-2019 · Gazette deed
First establishment Koning Albertlaan 108, Brussels
All 12 events

Comparable companies

same main activity, similar in size and age
Company
CREDS Brussels €261,934 €23,935 47.5% -
GEALEX Sint-Genesius-Rode €198,960 €16,542 95.2% -
Tanguy le Maire gestion Brussels €190,516 €28,051 17.7% -
C-lever.org Brussels €410,626 €27,823 88.6% 0.7
THREEEIGHTFIVE Molenbeek-Saint-Jean €153,667 €30,996 72.0% -
PISTIS Watermael-Boitsfort €144,897 €27,395 14.1% -
KYBELE Woluwe-Saint-Lambert €137,693 €29,362 15.7% -

These companies have the same main activity as CREDS: other legal services (NACE 69109). They are comparable in size and age: total assets between €138,000 and €411,000, founded between 2016 and 2021.

Official details

Source: KBO
Status
Active since 29-10-2019Normal situation
Activity
Other legal servicesNACE 69109
Establishment unit
2.299.188.7231120 Brussels, since 29-10-2019
Financial year end
31 December
Peppol
Reachable since 13-01-2026
Company details

Annual accounts 2025

€261,934▲ 15.1%
Filing
Filed on 25-02-2026, 156 days before the end of the filing period
Financials

Insights on CREDS

CREDS files the micro format. That format states no turnover. The gross margin fell from €55,874 in 2020 to €23,935 in 2025.

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 CREDS

What is the company number of CREDS?
The company number of CREDS is 0736.886.333. The VAT number is the same number with BE in front: BE 0736.886.333.
Where is CREDS based?
The registered office is at Koning Albertlaan 108, 1120 Brussels.Company details
What does CREDS do?
According to the KBO register, the main activity is other legal services (NACE 69109).
What is the legal form of CREDS?
CREDS is a private limited company (BV).
When was CREDS founded?
CREDS was founded on 29-10-2019.
Is CREDS still active?
Yes, CREDS is an active enterprise in the KBO register.
What is the turnover of CREDS?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €23,935 and 35 comparable companies (NACE 691). It probably lies between €77,000 and €320,000. It is a rough estimate.Financials
Is CREDS profitable?
In financial year 2025, CREDS made a profit of €116,460.
Where can I find the annual accounts of CREDS?
CREDS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREDS due?
CREDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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