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CREZCA

Active
Private limited companyfounded 20223 yrs activeNoordhoutstraat 121, 9031 Gent, BelgiumKBO/BCE: BE 0795.342.590
Summary

CREZCA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,074 and a net result of €823. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▼-29
Solvency77▼-19
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.52 in 2024; short-term debt: 47.5% and cash: 48.5% of total assets), and 47.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.5%
Return on assets
1.5%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
22 d early
2024
on the day
2023
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 9 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 December 2022, CREZCA was incorporated as a Private limited company.1 Total assets went from EUR 59,197 in 2023 to EUR 53,519 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,074▲ 3.0%
2024 · €27,251
Total assets
€53,519▲ 39.4%
2024 · €38,392
Net result
€823▼ 94.5%
2024 · €14,828
Working capital
€1,456▼ 74.9%
2024 · €5,805
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line202320242025
Operating result€14,968-€21,002▲ 40.3%€3,143▼ 85.0%
Net result€7,422within the sector's middle half-€14,828within the sector's middle half▲ 99.8%€823below the sector's middle half▼ 94.5%
Equity€12,422below the sector's middle half-€27,251within the sector's middle half▲ 119%€28,074within the sector's middle half▲ 3.0%
Total assets€59,197below the sector's middle half-€38,392below the sector's middle half▼ 35.1%€53,519below the sector's middle half▲ 39.4%
Debt€46,775-€11,141▼ 76.2%€25,445▲ 128%
Working capital-€1,927below the sector's middle half-€5,805within the sector's middle half€1,456within the sector's middle half▼ 74.9%
Solvency21.0%below the sector's middle half-71.0%within the sector's middle half▲ 50.0pp52.5%within the sector's middle half▼ 18.5pp
Current ratio0.96below the sector's middle half-1.52within the sector's middle half▲ 0.561.06within the sector's middle half▼ 0.46
Return on assets (ROA)12.5%within the sector's middle half-38.6%above the sector's middle half▲ 26.1pp1.5%below the sector's middle half▼ 37.1pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2023: €14,968€14,968Net result 2023: €7,422€7,422Operating result 2024: €21,002€21,002Net result 2024: €14,828€14,828Operating result 2025: €3,143€3,143Net result 2025: €823€823202320242025€0€10,000€20,000Operating result 2023: €14,968€15,000Net result 2023: €7,422€7,420Operating result 2024: €21,002€21,000Net result 2024: €14,828€14,800Operating result 2025: €3,143€3,140Net result 2025: €823€823202320242025
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,519
Fixed assets €26,618 ▲ 24.1%
Current assets €26,901 ▲ 58.7%
Equity and liabilities €53,519
Equity €28,074 ▲ 3.0%
Debt €25,445 ▲ 128%
Debt's share of the balance-sheet total rises from 29.0% to 47.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,239▼
2024 · €27,260
Cash flow
€7,919▼
2024 · €21,087
Debt to equity
0.91▲
2024 · 0.41
ROE
2.9%▼
2024 · 54.4%
Interest coverage
26.12▼
2024 · 171.42
Debt ≤ 1 year
€25,445▲
2024 · €11,141
Income taxes
€2,023▼
2024 · €6,095
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 2,546 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,392€53,519▲
Fixed assets21/28€21,446€26,618▲
Tangible fixed assets22/27€21,446€26,618▲
Furniture and vehicles24€21,446€26,618▲
Current assets29/58€16,946€26,901▲
Amounts receivable within one year40/41€4,898€0▼
Trade receivables40€693€0▼
Other amounts receivable41€4,205€0▼
Cash at bank and in hand54/58€11,781€25,979▲
Deferred charges and accrued income490/1€267€922▲
Equity and liabilities
Total equity and liabilities10/49€38,392€53,519▲
Equity10/15€27,251€28,074▲
Contributions10/11€5,000€5,000=
Reserves13€22,251€23,074▲
Distributable reserves133€22,251€23,074▲
Amounts payable17/49€11,141€25,445▲
Amounts payable within one year42/48€11,141€25,445▲
Trade debts44€553€6,814▲
Suppliers440/4€553€6,814▲
Taxes, remuneration and social security45€7,295€14,471▲
Taxes450/3€6,095€14,471▲
Remuneration and social security454/9€1,200€0▼
Other amounts payable47/48€3,293€4,160▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,258€7,096▲
Other operating charges640/8€1,338€1,198▼
Non-recurring operating charges66A€0-
Gross operating margin9900€28,598€11,436▼
Operating profit (loss)9901€21,002€3,143▼
Financial income75/76B€81€96▲
Recurring financial income75€81€96▲
Financial charges65/66B€159€392▲
Recurring financial charges65€159€392▲
Profit (loss) for the period before taxes9903€20,923€2,846▼
Income taxes67/77€6,095€2,023▼
Profit (loss) for the period9904€14,828€823▼
Profit (loss) for the period to be appropriated9905€14,828€823▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,828€823▼
Transfer to equity691/2€14,828€823▼
To other reserves6921€14,828€823▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,278€6,258€7,096▲ 13.4%
Other operating charges640/8€912€1,338€1,198▼ 10.5%
Non-recurring operating charges66A€8,652€0--
Gross operating margin9900€34,810€28,598€11,436▼ 60.0%
Operating profit (loss)9901€14,968€21,002€3,143▼ 85.0%
Financial income75/76B€63€81€96▲ 18.5%
Recurring financial income75€63€81€96▲ 18.5%
Financial charges65/66B€133€159€392▲ 146%
Recurring financial charges65€133€159€392▲ 146%
Profit (loss) for the period before taxes9903€14,898€20,923€2,846▼ 86.4%
Income taxes67/77€7,476€6,095€2,023▼ 66.8%
Profit (loss) for the period9904€7,422€14,828€823▼ 94.5%
Profit (loss) for the period to be appropriated9905€7,422€14,828€823▼ 94.5%
Line202320242025Change
Assets
Total assets20/58€59,197€38,392€53,519▲ 39.4%
Fixed assets21/28€14,349€21,446€26,618▲ 24.1%
Tangible fixed assets22/27€14,349€21,446€26,618▲ 24.1%
Furniture and vehicles24€14,349€21,446€26,618▲ 24.1%
Current assets29/58€44,848€16,946€26,901▲ 58.7%
Amounts receivable within one year40/41€16,245€4,898€0▼ 100%
Trade receivables40€16,085€693€0▼ 100%
Other amounts receivable41€160€4,205€0▼ 100%
Cash at bank and in hand54/58€27,311€11,781€25,979▲ 121%
Deferred charges and accrued income490/1€1,291€267€922▲ 245%
Equity and liabilities
Total equity and liabilities10/49€59,197€38,392€53,519▲ 39.4%
Equity10/15€12,422€27,251€28,074▲ 3.0%
Contributions10/11€5,000€5,000€5,000=
Reserves13€7,422€22,251€23,074▲ 3.7%
Distributable reserves133€7,422€22,251€23,074▲ 3.7%
Amounts payable17/49€46,775€11,141€25,445▲ 128%
Amounts payable within one year42/48€46,775€11,141€25,445▲ 128%
Trade debts44€1,257€553€6,814▲ 1,131%
Suppliers440/4€1,257€553€6,814▲ 1,131%
Taxes, remuneration and social security45€19,397€7,295€14,471▲ 98.4%
Taxes450/3€16,944€6,095€14,471▲ 137%
Remuneration and social security454/9€2,453€1,200€0▼ 100%
Other amounts payable47/48€26,120€3,293€4,160▲ 26.3%
Line202320242025Change
Profit (loss) for the period9904€7,422€14,828€823▼ 94.5%
+ Depreciation and write-downs630€10,278€6,258€7,096▲ 13.4%
Operating cash flow (approximation)€17,700€21,087€7,919▼ 62.4%
Investment in fixed assets (approximation)--€13,355-€12,268▲ 8.1%
Change in cash--€15,530€14,198▲ 191%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
03-06
State Gazette act Registered office
Registered-office move4 facts ▸
  • General meeting, 22-05-2026
  • Other statement, verkeerdelijkopgenomeninoprichtingsakte, zetelgewestcorrectie
  • Registered-office move, 9031Gent,Drongen,Noordhoutstraat,121
  • Other statement, uitvoeringvangenomenbeslissingen, machtigingtotuitvoeringvangenomenbeslissingen
2025
31-12
Financial Weakest financial yearnet €823 ▼94.5%
Net result drops to €823, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2023net €14,828 ▲99.8%
Operating result €21,002, net result €14,828, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,852 m²
Building footprint
642 m²
Volume, LiDAR
1,087 m³
2 parcels, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CREZCA
Goedingenstraat 20, 9051 GentHoldings
since 20232.339.692.359
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44002A0002/00S000 Flanders 3,511 m² 1 · 325 m² 5.5 m · 1 fl.
44017D1452/00E000 Flanders 340 m² 1 · 317 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Registered office clause
One provision in the deed

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 33,932 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
Founded23-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795342590
Also 9925:BE0795342590
Registered 30-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.