CreFin
ActiveSummary
CreFin has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €857k and a net result of €33k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 66% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72=
Solvency96=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 5.17 in 2024; short-term debt: 6.6% and cash: 22.2% of total assets), and 29.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.9%
Return on assets
2.8%
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 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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
1 d late
2023
28 d early
2022
3 d early
2021
29 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€857k▼ 0.5%
2024 · €861k
2018: €633klowest in 8 years
2019: €840k▲ +32.7% vs 2018
2020: €774k▼ -7.8% vs 2019
2021: €793k▲ +2.4% vs 2020
2022: €824k▲ +3.9% vs 2021
2023: €831k▲ +0.9% vs 2022
2024: €861k▲ +3.6% vs 2023highest in 8 years
2025: €857k▼ -0.5% vs 2024
2018 → 2025
Total assets
€1.21M▲ 0.3%
2024 · €1.21M
2018: €774klowest in 8 years
2019: €1.27M▲ +64.3% vs 2018
2020: €1.41M▲ +10.6% vs 2019highest in 8 years
2021: €1.23M▼ -12.3% vs 2020
2022: €1.23M▼ -0.1% vs 2021
2023: €1.20M▼ -2.5% vs 2022
2024: €1.21M▲ +0.3% vs 2023
2025: €1.21M▲ +0.3% vs 2024
2018 → 2025
Net result
€33k▲ 11.5%
2024 · €30k
2018: €229khighest in 8 years
2019: €207k▼ -9.5% vs 2018
2020: €100k▼ -51.8% vs 2019
2021: €19k▼ -81.2% vs 2020
2022: €31k▲ +66.1% vs 2021
2023: €7k▼ -76.6% vs 2022lowest in 8 years
2024: €30k▲ +313% vs 2023
2025: €33k▲ +11.5% vs 2024
2018 → 2025
Working capital
€204k▲ 18.5%
2024 · €172k
2018: €532k
2019: €672k▲ +26.4% vs 2018highest in 8 years
2020: €435k▼ -35.3% vs 2019
2021: €365k▼ -16.0% vs 2020
2022: €250k▼ -31.6% vs 2021
2023: €215k▼ -13.9% vs 2022
2024: €172k▼ -20.1% vs 2023lowest in 8 years
2025: €204k▲ +18.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€793k-€824k▲ 3.9%€831k▲ 0.9%€861k▲ 3.6%€857k▼ 0.5%
2021: €793klowest in 5 years
2022: €824k▲ +3.9% vs 2021
2023: €831k▲ +0.9% vs 2022
2024: €861k▲ +3.6% vs 2023highest in 5 years
2025: €857k▼ -0.5% vs 2024
Operating result€31k-€38k▲ 23.5%€16k▼ 57.9%€43k▲ 171%€47k▲ 9.8%
2021: €31k
2022: €38k▲ +23.5% vs 2021
2023: €16k▼ -57.9% vs 2022lowest in 5 years
2024: €43k▲ +171% vs 2023
2025: €47k▲ +9.8% vs 2024highest in 5 years
Net result€19k-€31k▲ 66.1%€7k▼ 76.6%€30k▲ 313%€33k▲ 11.5%
2021: €19k
2022: €31k▲ +66.1% vs 2021
2023: €7k▼ -76.6% vs 2022lowest in 5 years
2024: €30k▲ +313% vs 2023
2025: €33k▲ +11.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€926k ▼ 6.7%
Current assets
€284k ▲ 33.0%
Equity and liabilities €1.21M
Equity
€857k ▼ 0.5%
Debt
€353k ▲ 2.3%
Debt's share of the balance-sheet total rises from 28.6% to 29.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€114k▲
2024 · €104k
Cash flow
€100k▲
2024 · €91k
Current ratio
3.55▼
2024 · 5.17
Debt to equity
0.41▲
2024 · 0.40
ROE
3.9%▲
2024 · 3.5%
ROA
2.8%▲
2024 · 2.5%
Interest coverage
29.82▲
2024 · 24.92
Debt ≤ 1 year
€80k▲
2024 · €41k
Debt > 1 year
€273k▼
2024 · €303k
Income taxes
€11k▲
2024 · €9k
Staff costs
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.21M▲
Fixed assets21/28€993k€926k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€988k€923k▼
Land and buildings22€867k€828k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€120k€94k▼
Current assets29/58€213k€284k▲
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€11k€15k▲
Cash at bank and in hand54/58€202k€269k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.21M▲
Equity10/15€861k€857k▼
Contributions10/11€6k€6k=
Reserves13€855k€851k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€853k€849k▼
Amounts payable17/49€345k€353k▲
Amounts payable after more than one year17€303k€273k▼
Financial debts170/4€303k€273k▼
Amounts payable within one year42/48€41k€80k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€990€39k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€67k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€108k€120k▲
Operating profit (loss)9901€43k€47k▲
Financial income75/76B€429€841▲
Recurring financial income75€429€841▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€39k€44k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€30k€33k▲
Profit (loss) for the period to be appropriated9905€30k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€33k▲
Transfer from equity791/2-€38k
Transfer to equity691/2€30k€33k▲
To other reserves6921€30k€33k▲
Profit to be distributed694/7-€38k
Return on contributions (dividend)694-€38k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3k | €3k | €5k | €1k | €3k | ▲ 144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €27k | €42k | €61k | €67k | ▲ 9.3% |
| Other operating charges640/8 | €2k | €2k | €2k | €3k | €3k | ▲ 5.0% |
| Gross operating margin9900 | €78k | €70k | €65k | €108k | €120k | ▲ 11.1% |
| Operating profit (loss)9901 | €31k | €38k | €16k | €43k | €47k | ▲ 9.8% |
| Financial income75/76B | €79 | €82 | €284 | €429 | €841 | ▲ 96.0% |
| Recurring financial income75 | €79 | €82 | €284 | €429 | €841 | ▲ 96.0% |
| Financial charges65/66B | €5k | €5k | €5k | €4k | €4k | ▼ 8.5% |
| Recurring financial charges65 | €5k | €5k | €5k | €4k | €4k | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | €26k | €33k | €12k | €39k | €44k | ▲ 12.7% |
| Income taxes67/77 | €7k | €2k | €4k | €9k | €11k | ▲ 16.5% |
| Profit (loss) for the period9904 | €19k | €31k | €7k | €30k | €33k | ▲ 11.5% |
| Profit (loss) for the period to be appropriated9905 | €19k | €31k | €7k | €30k | €33k | ▲ 11.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.23M | €1.23M | €1.20M | €1.21M | €1.21M | ▲ 0.3% |
| Fixed assets21/28 | €820k | €937k | €950k | €993k | €926k | ▼ 6.7% |
| Intangible fixed assets21 | - | €9k | €7k | €5k | €3k | ▼ 43.7% |
| Tangible fixed assets22/27 | €820k | €929k | €943k | €988k | €923k | ▼ 6.5% |
| Land and buildings22 | €399k | €380k | €900k | €867k | €828k | ▼ 4.5% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | €2k | €1k | ▼ 17.0% |
| Furniture and vehicles24 | €15k | €13k | €30k | €120k | €94k | ▼ 21.4% |
| Assets under construction and advance payments27 | €404k | €533k | €11k | - | - | - |
| Current assets29/58 | €414k | €296k | €253k | €213k | €284k | ▲ 33.0% |
| Amounts receivable within one year40/41 | €23k | €16k | €11k | €11k | €15k | ▲ 31.6% |
| Trade receivables40 | €19k | €15k | €11k | €11k | €15k | ▲ 31.6% |
| Other amounts receivable41 | €4k | €1k | - | - | - | - |
| Cash at bank and in hand54/58 | €390k | €269k | €242k | €202k | €269k | ▲ 33.1% |
| Deferred charges and accrued income490/1 | - | €10k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.23M | €1.23M | €1.20M | €1.21M | €1.21M | ▲ 0.3% |
| Equity10/15 | €793k | €824k | €831k | €861k | €857k | ▼ 0.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €787k | €818k | €825k | €855k | €851k | ▼ 0.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €785k | €816k | €823k | €853k | €849k | ▼ 0.5% |
| Amounts payable17/49 | €441k | €409k | €371k | €345k | €353k | ▲ 2.3% |
| Amounts payable after more than one year17 | €393k | €363k | €333k | €303k | €273k | ▼ 10.1% |
| Financial debts170/4 | €393k | €363k | €333k | €303k | €273k | ▼ 10.1% |
| Amounts payable within one year42/48 | €48k | €46k | €38k | €41k | €80k | ▲ 93.5% |
| Current portion of amounts payable after more than one year42 | €29k | €30k | €30k | €30k | €31k | ▲ 1.2% |
| Trade debts44 | €2k | €8k | €2k | €2k | €2k | ▼ 33.0% |
| Suppliers440/4 | €2k | €8k | €2k | €2k | €2k | ▼ 33.0% |
| Taxes, remuneration and social security45 | €17k | €9k | €5k | €8k | €9k | ▲ 16.1% |
| Taxes450/3 | €17k | €9k | €5k | €8k | €9k | ▲ 16.1% |
| Other amounts payable47/48 | - | - | €122 | €990 | €39k | ▲ 3,819% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €31k | €7k | €30k | €33k | ▲ 11.5% |
| + Depreciation and write-downs630 | €43k | €27k | €42k | €61k | €67k | ▲ 9.3% |
| Operating cash flow (approximation) | €62k | €58k | €49k | €91k | €100k | ▲ 10.1% |
| Investment in fixed assets (approximation) | - | €-144k | €-54k | €-104k | €0 | ▲ 100% |
| Change in cash | - | €-121k | €-27k | €-40k | €67k | ▲ 268% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼76.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 8.54
Current ratio from 3.06 to 8.54; short-term debt falls from €211k to €48k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Tongeren-Borgloon · 1 establishment unit since 2010
Ground area
1,323 m²
Building footprint
201 m²
Volume, LiDAR
1,256 m³
Parcel 73058A0334/00B000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CreFin
since 20102.184.489.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73058A0334/00B000 | Flanders | 1,323 m² | 1 · 201 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,896. 3,305 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62200Computer consultancy and computer facilities management
68310Real estate agency activities
70100Activities of head offices
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.