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KREA

Active Private limited companyfounded 2000active for 26 yearsHaachtsesteenweg 80, 1910 KampenhoutKBO/BCE: BE 0472.026.645

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2000
peak €63,424 (2025)
€63,424▲ 25×
lowest -€25,267 (2024)
€27,176▲ €52,443
peak €42,115 (2025)
€42,115▲ 182%
€48,362▼ 85.8%
Board1 name since 2012
1 director
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €2,490 to €63,424Back to profit: €27,176Equity from €14,939 to €42,115Debts from €339,786 to €48,362Cash from €7,373 to €18,329

Key points

from the 2025 annual accounts

Result

€27,176 €27,176
-€25,3002024€27,2002025

Back in profit in 2025, after a loss of €25,267 in 2024.

Liquidity

1.68 was 1.00 in 2024

Short-term debts fell from €339,786 to €48,362.

Filings

24 annual accounts 25 filings since 2000
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as KREA has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for KREA. 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

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

Signals

Board and ownership

Director, since 28-08-2012
Board & ownership

Recent changes

Change of role: , from manager to director “Het vervaardigen van schrijn- en timmerwerk; Het leveren en monteren van buiten- en binnenschrijnwerk van…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0472026645
First establishment COP'YOURSELF, Haachtsesteenweg 80, Kampenhout
Incorporation published on 09-06-2000 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
KREA Kampenhout €90,477 €63,424 46.5% -
GDI Zonhoven €90,014 €52,846 86.5% -
VERHAEGEN D & L Grobbendonk €106,937 €65,076 98.1% -
BDE MENUISERIE Tournai €87,841 €63,693 65.0% -
Schrijnwerkerij Grootjans Glabbeek €103,046 €74,843 7.0% -
SI CHASSIS Drogenbos €86,601 €50,052 40.2% -
ENTREPRISE FELLA Machelen (Brab.) €84,401 €66,696 89.8% -

These companies have the same main activity as KREA: joinery installation (NACE 43320). They are comparable in size and age: total assets between €84,400 and €107,000, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 31-05-2000Normal situation
Activity
Joinery installationNACE 43320and 1 other
Establishment unit
2.096.580.1701910 Kampenhout, since 19-06-2000
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

≈ €290,000estimated
€90,477▼ 74.5%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on KREA

KREA files the micro format. That format states no turnover. The gross margin rose from -€3,861 in 2006 to €63,424 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 KREA

What is the company number of KREA?
The company number of KREA is 0472.026.645. The VAT number is the same number with BE in front: BE 0472.026.645.
Where is KREA based?
The registered office is at Haachtsesteenweg 80, 1910 Kampenhout.Company details
What does KREA do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of KREA?
KREA is a private limited company (BV).
When was KREA founded?
KREA was founded on 31-05-2000.
Is KREA still active?
Yes, KREA is an active enterprise in the KBO register.
What is the turnover of KREA?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €63,424 and 43 comparable companies (NACE 43320). It probably lies between €190,000 and €390,000.Financials
Is KREA profitable?
In financial year 2025, KREA made a profit of €27,176.
Where can I find the annual accounts of KREA?
KREA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KREA due?
KREA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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