CREFINET
ActiveSummary
CREFINET is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€44,515) and a net result of -€91,085. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 8% of 3,034 sector peers (NACE 66, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 0.1 FTE
- Equity
- -€44,515
- Loss
- -€91,085
- Holdings
- 1
Signalsraises riskWeak solvency vs sector2025 accounts filed 31 days lateShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 87 days after the deadline; the sector median (NACE 66) for financial year 2024 is 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet -€165,434
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486247.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €92,118 in 2025 against €138,886 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €35,752 | €68,712 | €40,061 | €26,433 | €10,727 | ▼ 59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211,026 | €109,602 | €109,710 | €129,064 | €120,264 | €84,129 | €93,814 | €75,547 | ▼ 19.5% |
| Other operating charges640/8 | - | - | - | €41,919 | €38,005 | €45,985 | €26,205 | €34,139 | ▲ 30.3% |
| Non-recurring operating charges66A | - | - | - | - | €13,756 | - | - | - | - |
| Gross operating margin9900 | €387,930 | €301,026 | €238,446 | €246,705 | €287,079 | €222,263 | €7,565 | €28,295 | ▲ 274% |
| Operating profit (loss)9901 | €118,641 | €99,569 | €29,812 | €39,970 | €46,341 | €52,088 | -€138,886 | -€92,118 | ▲ 33.7% |
| Financial income75/76B | - | - | - | €3,353 | €2,603 | €126 | €85 | €26,693 | ▲ 314× |
| Recurring financial income75 | €751 | €2,264 | €13,683 | €3,353 | €2,603 | €126 | €85 | €26,693 | ▲ 314× |
| Financial charges65/66B | - | - | - | €34,395 | €33,233 | €31,230 | €26,408 | €25,434 | ▼ 3.7% |
| Recurring financial charges65 | €10,719 | €32,400 | €31,534 | €34,395 | €33,233 | €31,230 | €26,408 | €25,434 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | €108,674 | €69,433 | €11,961 | €8,929 | €15,711 | €20,984 | -€165,210 | -€90,860 | ▲ 45.0% |
| Income taxes67/77 | €36,584 | €21,406 | €6,022 | €6,580 | €8,535 | €10,148 | €225 | €225 | ▲ 0.1% |
| Profit (loss) for the period9904 | €72,090 | €48,027 | €5,939 | €2,349 | €7,177 | €10,836 | -€165,434 | -€91,085 | ▲ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €72,090 | €48,027 | €5,939 | €2,349 | €7,177 | €10,836 | -€165,434 | -€91,085 | ▲ 44.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.8m | €2.0m | €1.9m | €1.8m | €1.4m | €1.4m | €1.1m | ▼ 16.8% |
| Fixed assets21/28 | €1.4m | €1.6m | €1.6m | €1.6m | €1.7m | €1.3m | €1.3m | €1.1m | ▼ 19.6% |
| Intangible fixed assets21 | - | - | - | €0.003m | €0.002m | €0.002m | €0.001m | €314 | ▼ 69.4% |
| Tangible fixed assets22/27 | €1.4m | €1.6m | €1.6m | €1.6m | €1.5m | €1.1m | €1.1m | €1.1m | ▼ 4.7% |
| Land and buildings22 | - | - | - | €1.5m | €1.4m | €1.1m | €1.1m | €1.0m | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.004m | €0.003m | €0.003m | €0.002m | ▼ 17.5% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 32.6% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | €0.01m | €0.009m | €0.007m | ▼ 21.9% |
| Financial fixed assets28 | - | - | - | - | €0.2m | €0.2m | €0.2m | - | - |
| Current assets29/58 | €0.2m | €0.3m | €0.4m | €0.3m | €0.1m | €0.08m | €0.05m | €0.08m | ▲ 60.7% |
| Amounts receivable after more than one year29 | - | - | - | €0.1m | - | - | - | - | - |
| Other amounts receivable291 | - | - | - | €0.1m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.05m | €0.03m | €0.06m | €0.02m | €0.01m | €0.03m | €0.06m | ▲ 103% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.02m | €0.01m | €0.03m | €0.06m | ▲ 103% |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.2m | €0.1m | €0.08m | €0.06m | €0.02m | €0.02m | ▼ 11.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.008m | €0.003m | €0.001m | €0.002m | ▲ 200% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €2.0m | €1.9m | €1.8m | €1.4m | €1.4m | €1.1m | ▼ 16.8% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.05m | -€0.04m | - |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | -€0.1m | -€0.2m | ▼ 63.2% |
| Amounts payable17/49 | €1.5m | €1.6m | €1.8m | €1.7m | €1.6m | €1.2m | €1.3m | €1.2m | ▼ 10.5% |
| Amounts payable after more than one year17 | €1.1m | €1.3m | €1.2m | €1.3m | €1.2m | €0.9m | €0.8m | €0.8m | ▼ 7.8% |
| Financial debts170/4 | - | - | - | €1.3m | €1.2m | €0.9m | €0.8m | €0.8m | ▼ 8.2% |
| Other amounts payable178/9 | - | - | - | €0.005m | €0.005m | €0.001m | €0.004m | €0.007m | ▲ 87.5% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | €0.5m | €0.4m | ▼ 15.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.09m | €0.07m | €0.07m | €0.07m | ▼ 3.9% |
| Financial debts43 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Credit institutions430/8 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Trade debts44 | €0.1m | €0.01m | €0.02m | €0.04m | €0.03m | €0.03m | €0.01m | €0.01m | ▲ 23.8% |
| Suppliers440/4 | - | - | - | €0.04m | €0.03m | €0.03m | €0.01m | €0.01m | ▲ 23.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.02m | €0.004m | €0.007m | €222 | ▼ 96.7% |
| Taxes450/3 | - | - | - | €0.003m | €0.002m | - | €199 | €222 | ▲ 11.6% |
| Remuneration and social security454/9 | - | - | - | €0.005m | €0.01m | €0.004m | €0.007m | - | - |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 19.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,090 | €48,027 | €5,939 | €2,349 | €7,177 | €10,836 | -€165,434 | -€91,085 | ▲ 44.9% |
| + Depreciation and write-downs630 | €211,026 | €109,602 | €109,710 | €129,064 | €120,264 | €84,129 | €93,814 | €75,547 | ▼ 19.5% |
| Operating cash flow (approximation) | €283,116 | €157,629 | €115,649 | €131,413 | €127,441 | €94,965 | -€71,621 | -€15,537 | ▲ 78.3% |
| Investment in fixed assets (approximation) | - | -€269,514 | -€127,978 | -€129,018 | -€230,909 | €292,367 | -€70,221 | €181,638 | - |
| Change in cash | - | €40,418 | €21,227 | -€47,884 | -€54,593 | -€18,810 | -€42,138 | -€2,112 | ▲ 95.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00486247 |
| 31-12-2024 | full format | 26-09-2025 | 2025-00518951 |
| 31-12-2023 | full format | 30-09-2024 | 2024-00489386 |
| 31-12-2022 | full format | 29-09-2023 | 2023-00468831 |
| 31-12-2021 | full format | 05-11-2022 | 2022-20517070 |
| 31-12-2020 | full format | 26-10-2021 | 2021-75500521 |
| 31-12-2019 | micro format | 05-03-2021 | 2021-07000471 |
| 31-12-2018 | full format | 29-08-2019 | 2019-54700325 |
| 31-12-2017 | micro format | 28-08-2018 | 2018-51400164 |
| 31-12-2016 | micro format | 17-10-2017 | 2017-67300093 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2024 annual accounts of CREFINET and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors found in Belgian Official Gazette deeds yet.
History
Acts, filings and financial milestones
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53075C0938/00D000indicative | Wallonia | 626 m² | 1 · 127 m² | 4.7 m · 1 |
| 21007A0046/00Y005 | Brussels | 162 m² | 1 · 95 m² | 15.5 m · 5 |