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KoKreate

Active Private limited companyfounded 2008active for 18 yearsVarendonk 4, 9940 EvergemKBO/BCE: BE 0899.282.545

Lifetime

16 annual accounts with figures on one time axis
peak €18,221 (2014)
-€613▼ €14,083
lowest -€10,786 (2025)
-€10,786▼ €17,374
peak €46,490 (2024)
€35,704▼ 23.2%
€33,971▼ 25.9%
Board2 names since 2008
2 directorsVAN LEEUWEN Hans Georges Henriette and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €13,470 to -€613Loss of €10,786Equity from €46,490 to €35,704Debts from €45,818 to €33,971

Key points

from the 2025 annual accounts

Filings

16 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2022 accounts came latest: 32 days after the end of the period.

Position in the sector

-€10,786

Lower net result than 88% of companies in specialised construction. Sector median €10,184 · 35,124 companies.

Turnover not published (micro format)

Checked score

82
Excellent
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value

Financial strength
Average

76+1equity 51.2% of total assets
94=short-term debt 20.0% · cash 48.4%
0-78return on assets -15.5%

Score breakdown

raises risk
Loss of €10,786 (financial year 2025)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.68, cash €33,706
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 91% on liquidity, 4% on profitability and 17% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as KoKreate has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KoKreate itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,805 companies, not a prediction for KoKreate. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.68 (2.98 in 2024), above the usual 1.5. Short-term debt is 20% and cash 48.4% of total assets. 48.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.68, cash €33,706
NBB · annual accounts
raises risk · Loss of €10,786 (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
32 days late
2021
30 days late
2020
25 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0899282545
Company renamed from Hans Van Leeuwen to KoKreate Change of role: VAN LEEUWEN Hans Georges Henriette, from manager to director · Appointment: LIPPENS Caroline Simonne René (director) · “Maken,leveren en plaatsen van alle maatkasten,keukens,deuren,meubels,plafonds,parket,gyprocwanden,inrichting…” (deed in Dutch) · General meeting of 12-12-2023 · Gazette deed
Incorporation published on 25-07-2008 · Gazette deed
First establishment Van Leeuwen Hans, Varendonk 4, Evergem
All 25 events

Comparable companies

same main activity, similar in size and age
Company
KoKreate Evergem €69,674 -€613 51.2% -
AW DEBOIS Evergem €72,357 -€17,366 82.8% -
DSE SERVICES Sint-Gillis-Waas €78,307 €410 91.4% -
LVdM Oudenaarde €63,126 -€20,331 2.9% -
APLUS STUDIO Zottegem €69,347 -€7,565 -22.6% -
MANNAX-wood solutions Waregem €70,993 €1,009 84.0% -
SYSTEM B Villers-la-Ville €66,845 -€71,701 -374.5% -

These companies have the same main activity as KoKreate: joinery installation (NACE 43320). They are comparable in size and age: total assets between €63,100 and €78,300, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 15-07-2008Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.172.965.5919940 Evergem, since 09-07-2008
Financial year end
31 December
Peppol
Reachable since 05-11-2025
Company details

Annual accounts 2025

€69,674▼ 24.5%
Filing
Filed on 31-08-2026
Financials

Insights on KoKreate

KoKreate files the micro format. That format states no turnover. The gross margin fell from €16,505 in 2009 to -€613 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KoKreate

What is the company number of KoKreate?
The company number of KoKreate is 0899.282.545. The VAT number is the same number with BE in front: BE 0899.282.545.
Where is KoKreate based?
The registered office is at Varendonk 4, 9940 Evergem.Company details
What does KoKreate do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of KoKreate?
KoKreate is a private limited company (BV).
When was KoKreate founded?
KoKreate was founded on 15-07-2008.
Is KoKreate still active?
Yes, KoKreate is an active enterprise in the KBO register.
What is the turnover of KoKreate?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is KoKreate profitable?
In financial year 2025, KoKreate made a loss of €10,786.
Where can I find the annual accounts of KoKreate?
KoKreate filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KoKreate due?
KoKreate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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