CREMAI
ActiveThe computed 12-month bankruptcy probability of CREMAI is 2.6% (moderate). For CREMAI, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €42k and a net result of €-9k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 52% of 24644 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability13▲+3
Solvency58▼-24
Growth42▲+1
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
33.2%
Return on assets
-7.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline19-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-11-2024, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
97 d late
2022
84 d late
2020
108 d late
2018
68 d late
2017
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€115k▼ 3.3%
2022 · €118k
2018: €140k
2020: €111k
2022: €118k
2018 → 2023
EBIT margin
-7.9%▼ 1.1pp
2022 · -6.8%
2018: 7.7%
2020: 17.6%
2022: -6.8%
2018 → 2023
Net result
€-9k▼ 12.7%
2022 · €-8k
2018: €11k
2020: €16k
2022: €-8k
2018 → 2023
Working capital
€17k▼ 59.7%
2022 · €43k
2018: €37k
2020: €32k
2022: €43k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018202020222023Trend
Turnover€140k-€111k▼ 20.9%€118k▲ 6.7%€115k▼ 3.3%
Equity€28k-€53k▲ 90.9%€51k▼ 4.1%€42k▼ 18.1%
Operating result€11k-€20k▲ 81.6%€-8k€-9k▼ 12.9%
Net result€11k-€16k▲ 47.3%€-8k€-9k▼ 12.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2023 against €8k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €126k
Fixed assets
€25k▲ 194%
Current assets
€101k▲ 24.6%
Equity and liabilities €126k
Equity
€42k▼ 18.1%
Debt
€84k▲ 118%
The debt ratio rises from 43.1% to 66.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-310▲
2022 · €-2k
Cash flow
€-469▲
2022 · €-2k
Solvency
33.2%▼
2022 · 56.9%
Current ratio
1.20▼
2022 · 2.10
Quick ratio
1.06▼
2022 · 2.10
Debt / equity
2.01▲
2022 · 0.76
ROE
-22.2%▼
2022 · -16.1%
ROA
-7.4%▲
2022 · -9.2%
Interest coverage
-1.94▲
2022 · -11.36
Debt
€84k▲
2022 · €39k
Debt ≤ 1 year
€84k▲
2022 · €39k
Staff costs
€7k▼
2022 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€90k€126k▲
Fixed assets21/28€8k€25k▲
Tangible fixed assets22/27€8k€20k▲
Furniture and vehicles24€8k€20k▲
Financial fixed assets28-€5k
Current assets29/58€81k€101k▲
Stocks and contracts in progress3-€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€74k€61k▼
Other amounts receivable41€74k€61k▼
Cash at bank and in hand54/58€7k€28k▲
Equity and liabilities
Total equity and liabilities10/49€90k€126k▲
Equity10/15€51k€42k▼
Contributions10/11€14k€14k=
Outside capital11€14k€14k=
Share premium1100/10€14k€14k=
Profit (loss) carried forward14€37k€28k▼
Amounts payable17/49€39k€84k▲
Amounts payable within one year42/48€39k€84k▲
Trade debts44€28k€74k▲
Suppliers440/4€28k€74k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Income statement
Code20222023
Turnover70€118k€115k▼
Non-recurring operating income76A-€15k
Goods, raw materials, services and sundry goods60/61€101k€112k▲
Remuneration, social security and pensions62€15k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€4k€11k▲
Gross operating margin9900€17k€18k▲
Operating profit (loss)9901€-8k€-9k▼
Financial charges65/66B€156€159▲
Recurring financial charges65€156€159▲
Profit (loss) for the period before taxes9903€-8k€-9k▼
Profit (loss) for the period9904€-8k€-9k▼
Profit (loss) for the period to be appropriated9905€-8k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€28k▼
Profit (loss) brought forward from the previous period14P€45k€37k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
31-12
Financial
Highest result since 2018net €16k ▲47.3%
Operating result €20k, net result €16k, both a record.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 221 days late
2016
18-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 79 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Jans-Molenbeek · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Ribaucourtstraat 581080 Sint-Jans-MolenbeekGround area
134 m²
Building footprint
133 m²
Volume, LiDAR
1,520 m³
Parcel 21012A0203/00H007, Brussels · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CREMAI
since 20152.244.091.040
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0203/00H007 | Brussels | 134 m² | 1 · 133 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.244.091.040
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DELI TIENEN
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Of 2,406 companies in sector 47241 we hold annual accounts for 1,099. 926 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.