CREST
ActiveSummary
CREST has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313,601 and a net result of €46,449. Equity is growing by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-14
Solvency79▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.12 against 3.23 in 2024; short-term debt: 45.5% and cash: 17.3% of total assets), and 45.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
54.4%
Return on assets
8.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
2 d early
2022
1 d early
2021
3 d early
2020
2 d late
2019
67 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€313,601▲ 17.4%
2024 · €267,152
Total assets
€576,353▲ 19.0%
2024 · €484,288
Net result
€46,449▼ 49.5%
2024 · €92,027
Working capital
€294,528▼ 6.2%
2024 · €313,880
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€191,874▲ 79.2%€149,136▼ 22.3%€47,146▼ 68.4%€132,704▲ 181%€70,325▼ 47.0%
Net result€138,913above the sector's middle half▲ 106%€105,630above the sector's middle half▼ 24.0%€32,089above the sector's middle half▼ 69.6%€92,027above the sector's middle half▲ 187%€46,449within the sector's middle half▼ 49.5%
Equity€37,406within the sector's middle half€143,037within the sector's middle half▲ 282%€175,125above the sector's middle half▲ 22.4%€267,152above the sector's middle half▲ 52.5%€313,601within the sector's middle half▲ 17.4%
Total assets€236,282within the sector's middle half▼ 41.8%€465,072above the sector's middle half▲ 96.8%€454,463above the sector's middle half▼ 2.3%€484,288above the sector's middle half▲ 6.6%€576,353within the sector's middle half▲ 19.0%
Debt€198,876▼ 60.8%€322,035▲ 61.9%€279,338▼ 13.3%€217,137▼ 22.3%€262,752▲ 21.0%
Working capital€115,873▲ 3,195%€184,134▲ 58.9%€215,602▲ 17.1%€313,880▲ 45.6%€294,528▼ 6.2%
Solvency15.8%within the sector's middle half▲ 40.8pp30.8%within the sector's middle half▲ 14.9pp38.5%within the sector's middle half▲ 7.8pp55.2%within the sector's middle half▲ 16.6pp54.4%within the sector's middle half▼ 0.8pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576,353
Fixed assets
€19,644 ▼ 34.3%
Current assets
€556,709 ▲ 22.5%
Equity and liabilities €576,353
Equity
€313,601 ▲ 17.4%
Debt
€262,752 ▲ 21.0%
Debt's share of the balance-sheet total rises from 44.8% to 45.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81,474▼
2024 · €144,705
Cash flow
€57,598▼
2024 · €104,027
Current ratio
2.12▼
2024 · 3.23
Quick ratio
1.31▼
2024 · 2.94
Debt to equity
0.84▲
2024 · 0.81
ROE
14.8%▼
2024 · 34.4%
ROA
8.1%▼
2024 · 19.0%
Interest coverage
20.71▼
2024 · 24.80
Debt ≤ 1 year
€262,181▲
2024 · €140,501
Debt > 1 year
€0▼
2024 · €75,000
Income taxes
€19,101▼
2024 · €35,259
Staff costs
€42,941▼
2024 · €67,987
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,525 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €62,897 | €65,373 | €67,987 | €42,941 | ▼ 36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,995 | €17,999 | €19,166 | €12,000 | €11,149 | ▼ 7.1% |
| Other operating charges640/8 | - | €1,390 | €1,153 | €1,288 | €1,185 | ▼ 8.0% |
| Gross operating margin9900 | €242,480 | €231,422 | €132,839 | €213,979 | €125,599 | ▼ 41.3% |
| Operating profit (loss)9901 | €191,874 | €149,136 | €47,146 | €132,704 | €70,325 | ▼ 47.0% |
| Financial income75/76B | - | - | €154 | €416 | €4,145 | ▲ 896% |
| Recurring financial income75 | €0 | - | €154 | €416 | €4,145 | ▲ 896% |
| Financial charges65/66B | - | €3,039 | €3,466 | €5,835 | €8,920 | ▲ 52.9% |
| Recurring financial charges65 | €3,532 | €3,039 | €3,466 | €5,835 | €3,934 | ▼ 32.6% |
| Non-recurring financial charges66B | - | - | - | - | €4,986 | - |
| Profit (loss) for the period before taxes9903 | €188,342 | €146,097 | €43,834 | €127,285 | €65,550 | ▼ 48.5% |
| Income taxes67/77 | €49,429 | €40,466 | €11,746 | €35,259 | €19,101 | ▼ 45.8% |
| Profit (loss) for the period9904 | €138,913 | €105,630 | €32,089 | €92,027 | €46,449 | ▼ 49.5% |
| Transfer to tax-exempt reserves689 | - | €3,016 | €1,613 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €136,395 | €102,614 | €30,476 | €92,027 | €46,449 | ▼ 49.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €236,282 | €465,072 | €454,463 | €484,288 | €576,353 | ▲ 19.0% |
| Fixed assets21/28 | €24,279 | €49,581 | €37,885 | €29,908 | €19,644 | ▼ 34.3% |
| Intangible fixed assets21 | - | €5,678 | €4,068 | €4,920 | €2,579 | ▼ 47.6% |
| Tangible fixed assets22/27 | €24,229 | €43,103 | €33,017 | €24,188 | €16,265 | ▼ 32.8% |
| Land and buildings22 | - | €1,003 | €1,003 | €1,003 | €1,003 | = |
| Plant, machinery and equipment23 | - | - | €2,535 | €2,230 | €1,925 | ▼ 13.7% |
| Furniture and vehicles24 | - | €42,099 | €29,479 | €20,955 | €13,337 | ▼ 36.4% |
| Financial fixed assets28 | €50 | €800 | €800 | €800 | €800 | = |
| Current assets29/58 | €212,003 | €415,491 | €416,578 | €454,381 | €556,709 | ▲ 22.5% |
| Stocks and contracts in progress3 | €30,750 | €10,600 | €5,800 | €41,364 | €212,568 | ▲ 414% |
| Stocks30/36 | - | €10,600 | €5,800 | €41,364 | €29,280 | ▼ 29.2% |
| Contracts in progress37 | - | - | - | - | €183,288 | - |
| Amounts receivable within one year40/41 | €28,141 | €236,380 | €208,259 | €132,224 | €235,951 | ▲ 78.4% |
| Trade receivables40 | - | €236,380 | €206,097 | €132,224 | €133,714 | ▲ 1.1% |
| Other amounts receivable41 | - | - | €2,163 | - | €102,237 | - |
| Cash at bank and in hand54/58 | €148,443 | €164,236 | €187,625 | €259,913 | €99,887 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | €4,276 | €14,894 | €20,880 | €8,303 | ▼ 60.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €236,282 | €465,072 | €454,463 | €484,288 | €576,353 | ▲ 19.0% |
| Equity10/15 | €37,406 | €143,037 | €175,125 | €267,152 | €313,601 | ▲ 17.4% |
| Contributions10/11 | - | €187,960 | €187,960 | €187,960 | €187,960 | = |
| Reserves13 | €17,183 | €20,199 | €21,812 | €21,812 | €21,812 | = |
| Tax-exempt reserves132 | - | €20,199 | €21,812 | €21,812 | €21,812 | = |
| Profit (loss) carried forward14 | -€167,736 | -€65,122 | -€34,646 | €57,380 | €103,829 | ▲ 80.9% |
| Amounts payable17/49 | €198,876 | €322,035 | €279,338 | €217,137 | €262,752 | ▲ 21.0% |
| Amounts payable after more than one year17 | €100,000 | €88,111 | €76,016 | €75,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €76,016 | €75,000 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | €88,111 | - | - | - | - |
| Amounts payable within one year42/48 | €96,130 | €231,357 | €200,976 | €140,501 | €262,181 | ▲ 86.6% |
| Current portion of amounts payable after more than one year42 | - | €11,918 | - | - | - | - |
| Financial debts43 | - | - | €12,095 | €1,016 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €12,095 | €1,016 | €0 | ▼ 100% |
| Trade debts44 | €4,905 | €98,085 | €97,117 | €74,947 | €215,073 | ▲ 187% |
| Suppliers440/4 | - | €98,085 | €97,117 | €74,947 | €215,073 | ▲ 187% |
| Taxes, remuneration and social security45 | - | €49,944 | €40,182 | €39,484 | €6,824 | ▼ 82.7% |
| Taxes450/3 | - | €47,792 | €33,462 | €27,459 | €6,824 | ▼ 75.1% |
| Remuneration and social security454/9 | - | €2,152 | €6,720 | €12,025 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €71,410 | €51,582 | €25,054 | €40,283 | ▲ 60.8% |
| Accrued charges and deferred income492/3 | - | €2,567 | €2,346 | €1,636 | €571 | ▼ 65.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €138,913 | €105,630 | €32,089 | €92,027 | €46,449 | ▼ 49.5% |
| + Depreciation and write-downs630 | €9,995 | €17,999 | €19,166 | €12,000 | €11,149 | ▼ 7.1% |
| Operating cash flow (approximation) | €148,908 | €123,629 | €51,255 | €104,027 | €57,598 | ▼ 44.6% |
| Investment in fixed assets (approximation) | - | -€43,300 | -€7,471 | -€4,023 | -€886 | ▲ 78.0% |
| Change in cash | - | €15,793 | €23,389 | €72,288 | -€160,026 | ▼ 321% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €200,000Eq €267,152 ▲52.5%
6 profitable years in a row build equity to €267,152.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150,000Eq €175,125 ▲22.4%
5 profitable years in a row build equity to €175,125.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100,000Eq €143,037 ▲282%
4 profitable years in a row build equity to €143,037.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €138,913 ▲106%
Operating result €191,874, net result €138,913, both a record.
30-06
Financial
Liquidity doublescurrent ratio 2.21
Current ratio from 1.01 to 2.21; short-term debt falls from €378,709 to €96,130.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Lochristi · 1 establishment unit since 1986
Ground area
1,837 m²
Building footprint
150 m²
Volume, LiDAR
929 m³
Parcel 44034A0755/00M003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CREST IMPORT BVBA
since 19862.036.959.517
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034A0755/00M003 | Flanders | 1,837 m² | 1 · 150 m² | 10.4 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 679 companies in sector 46494 we hold annual accounts for 530. 403 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
Founded01-05-1986
Fiscal year end30-06
Activities, NACEBEL 2025
46471Wholesale trade
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428883916
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.