DES CRETES
The computed 12-month bankruptcy probability of DES CRETES is 0.9% (low). The 2024 annual accounts show equity of €28k and a net result of €-712. Equity is shrinking by ~6.8% per year across the filed fiscal years. The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €28k |
| Net result | €-712 |
| Active | 35 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €807 |
| Net profit | €-712 |
| Cash flow | €306 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €43k |
| Equity | €28k |
| Debt | €15k |
| of which ≤ 1y | €15k |
| of which > 1y | - |
| Working capital | €-10k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -24.0% |
| Solvency | 65.0% |
| Debt / equity | 0.54 |
| Long-term debt ratio | - |
| Interest coverage | 0.76 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.7% |
| ROE | -2.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €43k |
| Fixed assets | 21/28 | €38k |
| Tangible fixed assets | 22/27 | €38k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €43k |
| Equity | 10/15 | €28k |
| Contributions / capital | 10/11 | €164k |
| Accumulated profits (losses) | 14 | €-136k |
| Amounts payable | 17/49 | €15k |
| Amounts payable within one year | 42/48 | €15k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €-211 |
| Financial income | 75 | €565 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-712 |
| Net result for the period | 9904 | €-712 |
| Result to be appropriated | 9905 | €-712 |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 17-01-1991 |
| Status | Active |
| Postal code | 4606 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62092A0452/00C000 | Wallonia | 579 m² | 1 · 89 m² | 10.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2023 Francis Van Bilzen appointed as managing director
- Francis Van Bilzen, Gedelegeerd bestuurder
Technical details
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"evidence_quote": "Decharge pleine et enti\u00E8re est donn\u00E9e aux administrateurs dans le cadre de leur gestion jusqu\u0027\u00E0 ce jour.",
"decharge_status": "granted",
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{
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"effective_date": "2023-12-06",
"evidence_quote": "l\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de confier \u00E0 Madame Van BILZEN Julie, ici pr\u00E9sent et qui accepte, tous pouvoirs pour ex\u00E9cuter toutes les r\u00E9solutions qui pr\u00E9c\u00E8dent.",
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de renouveler les mandats d\u2019administrateurs non statutaires de : - Monsieur VAN BILZEN Fran\u00E7ois, pr\u00E9cit\u00E9 - Madame VAN BILZEN Julie, pr\u00E9cit\u00E9e",
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"notary": {
"name": "Philippe BOVEROUX",
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"office_city": "Bassenge",
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},
"act_meta": {
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"pub_date": "2023-12-28",
"filing_date": "2023-12-22",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": true
},
{
"body": "algemene_vergadering",
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0443.086.003",
"name_full": "DES CRETES",
"legal_form": "SA"
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | DES CRETES |