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Private limited companyfounded 2023active for 3 yearsAarschotsebaan 82, 2590 Berlaar, BelgiumKBO/BCE: BE 0804.273.124
Summary

CRELI is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €178,303 and a net result of €101,695. Equity has been growing by about 86% per year since 2023. Its solvency ranks better than 18% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 25-07-2023 Normal situation
Activity
Activities of holding companies NACE 64210and 1 other
Establishment unit
2.347.970.518 2590 Berlaar, since 25-07-2023
Financial year end
31 December
Peppol
Reachable since 30-12-2024

Board and ownership

Board

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Profit
€101,695
▲ 229%
Equity
€178,303
▲ 133%
Total assets
€1.2m
▲ 7.9%
SignalsneutralLatest accounts filed on timeShow the evidence

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

1 signal.
neutral
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 06-05-2026, 86 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
86 days early
2024
154 days early
2023
189 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 143 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 27 February (3 of the last 3 accounts filed within 68 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 06-05-2026 PDF all 3 filings

Amounts without an identifiable currency are taken as euros.

Equity
€178,303▲ 133%
2024 · €76,608
Net result
€101,695▲ 229%
2024 · €30,919
Total assets
€1.2m▲ 7.9%
2024 · €1.1m
Solvency
15.2%▲ 8.1pp
2024 · 7.0%
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 25% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Operating result€0.1m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€0.01m-€0.08m▲ 544%€0.1m▲ 25.0%
Net result€0.01mwithin the sector's middle half-€0.03mwithin the sector's middle half▲ 214%€0.1mwithin the sector's middle half▲ 229%
Equity€0.05mwithin the sector's middle half-€0.08mwithin the sector's middle half▲ 64.6%€0.2mwithin the sector's middle half▲ 133%
Total assets€0.06mbelow the sector's middle half-€1.1mabove the sector's middle half▲ 19×€1.2mwithin the sector's middle half▲ 7.9%
Debt€0.01m-€1.0m▲ 95×€1.0m▼ 1.5%
Working capital€0.05mwithin the sector's middle half--€0.07mbelow the sector's middle half-€0.03mwithin the sector's middle half▲ 60.7%
Solvency81.4%above the sector's middle half-7.0%below the sector's middle half▼ 74.4pp15.2%below the sector's middle half▲ 8.1pp
Current ratio5.39above the sector's middle half-0.43below the sector's middle half▼ 4.960.84within the sector's middle half▲ 0.41
Return on assets (ROA)17.2%within the sector's middle half-2.8%within the sector's middle half▼ 14.4pp8.7%within the sector's middle half▲ 5.8pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €1.0m =
Current assets €136,968 ▲ 170%
Equity and liabilities €1.2m
Equity €178,303 ▲ 133%
Debt €996,665 ▼ 1.5%
Debt's share of the balance-sheet total falls from 93.0% to 84.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
57.0%▲
2024 · 40.4%
Debt ≤ 1 year
€163,572▲
2024 · €118,454
Debt > 1 year
€826,086▼
2024 · €886,526
Income taxes
€13,607▲
2024 · €8,495
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202320242025
Financial fixed assets-€1.0m-

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 to 2025 · 2 entries · €77 awarded · €39 paid
Year Entries AwardedPaid
2025 1 €38€0
2023 1 €39€39
Schemes
2 entries · €77 · €39 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€1.0m€1.0m=
Financial fixed assets28€1.0m€1.0m=
Current assets29/58€0.05m€0.1m▲
Amounts receivable within one year40/41€0.03m€0.1m▲
Trade receivables40€0.03m-
Other amounts receivable41-€0.1m
Cash at bank and in hand54/58€0.01m€0.04m▲
Deferred charges and accrued income490/1€0.002m€0.005m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.08m€0.2m▲
Contributions10/11€0.04m€0.04m=
Reserves13€0.04m€0.1m▲
Distributable reserves133€0.04m€0.1m▲
Profit (loss) carried forward14€108-
Amounts payable17/49€1.0m€1.0m▼
Amounts payable after more than one year17€0.9m€0.8m▼
Financial debts170/4€0.9m€0.8m▼
Amounts payable within one year42/48€0.1m€0.2m▲
Current portion of amounts payable after more than one year42€0.06m€0.07m▲
Financial debts43-€0.005m
Credit institutions430/8-€0.005m
Trade debts44€89€264▲
Suppliers440/4€89€264▲
Taxes, remuneration and social security45€0.01m€0.007m▼
Taxes450/3€0.01m€0.007m▼
Other amounts payable47/48€0.04m€0.09m▲
Accrued charges and deferred income492/3€0.007m€0.007m▼
Income statement Code20242025
Other operating charges640/8€338€321▼
Gross operating margin9900€0.08m€0.1m▲
Operating profit (loss)9901€0.08m€0.1m▲
Financial income75/76B-€0.05m
Recurring financial income75-€0.05m
Financial charges65/66B€0.04m€0.04m▼
Recurring financial charges65€0.04m€0.04m▼
Profit (loss) for the period before taxes9903€0.04m€0.1m▲
Income taxes67/77€0.008m€0.01m▲
Profit (loss) for the period9904€0.03m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.03m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.1m▲
Profit (loss) brought forward from the previous period14P€48€108▲
Transfer to equity691/2€0.03m€0.1m▲
To other reserves6921€0.03m€0.1m▲
Profit to be distributed694/7€0.001m-
Return on contributions (dividend)694€0.001m-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 06-05-2026.

Line202320242025Change
Other operating charges640/8€251€338€321▼ 5.1%
Gross operating margin9900€12,652€80,147€100,073▲ 24.9%
Operating profit (loss)9901€12,401€79,809€99,752▲ 25.0%
Financial income75/76B--€52,970-
Recurring financial income75--€52,970-
Financial charges65/66B-€40,395€37,420▼ 7.4%
Recurring financial charges65-€40,395€37,420▼ 7.4%
Profit (loss) for the period before taxes9903€12,401€39,414€115,302▲ 193%
Income taxes67/77€2,553€8,495€13,607▲ 60.2%
Profit (loss) for the period9904€9,848€30,919€101,695▲ 229%
Profit (loss) for the period to be appropriated9905€9,848€30,919€101,695▲ 229%
Line202320242025Change
Assets
Total assets20/58€0.06m€1.1m€1.2m▲ 7.9%
Fixed assets21/28-€1.0m€1.0m=
Financial fixed assets28-€1.0m€1.0m=
Current assets29/58€0.06m€0.05m€0.1m▲ 170%
Amounts receivable within one year40/41€0.003m€0.03m€0.1m▲ 182%
Trade receivables40€0.003m€0.03m--
Other amounts receivable41--€0.1m-
Cash at bank and in hand54/58€0.05m€0.01m€0.04m▲ 136%
Deferred charges and accrued income490/1-€0.002m€0.005m▲ 219%
Equity and liabilities
Total equity and liabilities10/49€0.06m€1.1m€1.2m▲ 7.9%
Equity10/15€0.05m€0.08m€0.2m▲ 133%
Contributions10/11€0.04m€0.04m€0.04m=
Reserves13€0.009m€0.04m€0.1m▲ 261%
Distributable reserves133€0.009m€0.04m€0.1m▲ 261%
Profit (loss) carried forward14€48€108--
Amounts payable17/49€0.01m€1.0m€1.0m▼ 1.5%
Amounts payable after more than one year17-€0.9m€0.8m▼ 6.8%
Financial debts170/4-€0.9m€0.8m▼ 6.8%
Amounts payable within one year42/48€0.01m€0.1m€0.2m▲ 38.1%
Current portion of amounts payable after more than one year42-€0.06m€0.07m▲ 4.3%
Financial debts43--€0.005m-
Credit institutions430/8--€0.005m-
Trade debts44€0.001m€89€264▲ 198%
Suppliers440/4€0.001m€89€264▲ 198%
Taxes, remuneration and social security45€0.009m€0.01m€0.007m▼ 52.5%
Taxes450/3€0.007m€0.01m€0.007m▼ 52.5%
Remuneration and social security454/9€0.002m---
Other amounts payable47/48€0.001m€0.04m€0.09m▲ 106%
Accrued charges and deferred income492/3-€0.007m€0.007m▼ 2.6%
Line202320242025Change
Profit (loss) for the period9904€9,848€30,919€101,695▲ 229%
Operating cash flow (approximation)€9,848€30,919€101,695▲ 229%
Investment in fixed assets (approximation)--€0-
Change in cash--€39,558€20,313-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 06-05-2026 2026-00106151 PDF
31-12-2024 micro format 27-02-2025 2025-00042763 PDF
31-12-2023 micro format 24-01-2024 2024-00005358 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023
CROLS Elien
Director · since 20-07-2023 · listed in the 2025 annual accounts, filed on 06-05-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 27-07-2023

Owners and capital

Shareholders

At incorporation act of 27-07-2023 ↗

Capital transactions

Capital over time
  1. 27-07-2023 Incorporation · €37,500 · 100 shares

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of CRELI. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
06-05
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 86 days before the deadline
2025
31-12
Financial Highest result from 2023 to 2025net €101,695 ▲229%
The operating result of €99,752 and the net result of €101,695 are both a record.
31-12
Financial Equity above €150,000equity €178,303 ▲133%
With a profit in every financial year since 2023, equity grows to €178,303.
05-05
Gazette deed Registered office moved from Duffel to Berlaar
2 points ▸
  • Board meeting, 01-03-2025
  • Registered-office move, Aarschotsebaan 82, 2590 Berlaar

Open the act in the Belgian Official Gazette

27-02
NBB filing Annual accounts 2024 filedPDF
micro format · 154 days before the deadline
2024
24-01
NBB filing Annual accounts 2023 filedPDF
micro format · 189 days before the deadline
2023
27-07
Gazette deed Incorporation
Starting capital €37,500 · Appointment: CROLS Elien (director) · Founder7 points ▸
  • Director appointment, CROLS Elien (director)
  • Incorporation, 20-07-2023
  • Founder, CROLS Elien
  • Founding capital, €37,500
  • Bank account, “Belfius, bijzondere rekening” (deed in Dutch)
  • CROLS Elien holds all the shares
  • Other provision, “deponeringsbevestiging, Wetboek van vennootschappen en verenigingen” (deed in Dutch)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

CRELI was incorporated on 25 July 2023 as a private limited company by one natural person, with a starting capital of €37,500.12 The registered office was moved to Berlaar in 2025.3 Since 2023, CROLS Elien has served as director.4 Total assets rose from €57,153 in 2023 to €1.2m in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-07-2023
  3. 3Belgian Official Gazette, 05-05-2025
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2023 and 2025

Company details

Register details

Identity

KBO record
Name CRELI in Dutch
Enterprise number 0804.273.124
Legal form Private limited company
Status Active, normale toestand
Founded 25-07-2023
Entity type Legal entity

Registered office and establishments

Registered office Aarschotsebaan 82, 2590 Berlaar, Belgium
1 former office
  • 2570 Duffel until 01-03-2025 · act of 05-05-2025
Establishment unit CRELI, Aarschotsebaan 82, 2590 Berlaar since 25-07-2023 · unit number 2.347.970.51870100 Activities of head offices

Activities

NACEBEL 2025
64210 Activities of holding companies main activity
82990 Other business support services
Codes under NACEBEL 2008
64200 Holdings main activity
82990 Other business support services

Invoicing and payment

VAT number BE 0804.273.124
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804273124
Other Peppol ID 9925:BE0804273124
Registered 30-12-2024

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
15 June
deed of 27-07-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
642 m²
Building footprint
141 m²
Building volume
713 m³
Cadastral parcel Region Area Buildings Height / floors
12002C0766/00V000 Flanders 642 m² 1 · 141 m² 9.1 m · 1