Equity
€15,500 from €89,570 in 2023
Equity fell by 83% in 2 years.
KREADMIN
Lifetime
5 annual accounts with figures on one time axispeak €58,231 (2022)
€32,700▲ 38.0%
peak €45,161 (2022)
€19,467▲ 87.0%
peak €89,570 (2023)
€15,500▼ 55.7%
€43,670▲ 137%
Board1 name since 2021
1 directorGODDEVRIENDT Kristel
Documentsfilings and deeds
11-04-2026111 days before the deadline
2025micro format
Gross margin from €23,701 to €32,700Result from €10,409 to €19,467Dividend €38,947Equity from €34,979 to €15,500Debts from €18,441 to €43,670
Key points
from the 2025 annual accountsTurnover
≈ €94,000 estimated
The micro format states no turnover.
Debts
€43,670 74% of the balance sheet
Financial debts 2%Suppliers 4%Taxes and wages 2%Other 91%
Of this, €43,658 falls due within a year.
Investments
€5,397 3.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 129.8% higher than in 2024.
Liquidity
1.22 was 2.35 in 2024
Short-term debts rose from €18,421 to €43,658.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 26 to 111 days before the end of the period.
Checked score
93
Excellent
Financially stronger than 47% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
Fewer than 1 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%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Liquidity: current ratio 1.22, cash €26,891
Figures for financial year 2025 (filed on 11-04-2026)
Size: total assets €59,170
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 90, micro). It does better than 34% of them on solvency, 50% on liquidity, 91% on profitability and 11% 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, 6,713 companies had the same profile as KREADMIN has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KREADMIN itself is lower: 0.1% within 12 months. It rests on far more data about KREADMIN than the profile alone.
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.
| 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 6,713 companies, not a prediction for KREADMIN. 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 €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (2.35 in 2024), below the usual 1.5. Short-term debt is 73.8% and cash 45.4% of total assets. 73.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 11-04-2026, 111 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
111 days early
2024
36 days early
2023
39 days early
2022
43 days early
2021
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 51 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% 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 23 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0770945904
Registered office moved from Puurs-Sint-Amands to Bornem
New registered office: Omgangstraat 130, 2880 Bornem · Previous registered office: Liezele-Dorp 47, 2870 Puurs-Sint-Amands · Board meeting of 12-07-2023 · Gazette deed
Incorporation
Founding capital of €500, 500 shares · Founder: GODDEVRIENDT Kristel · Appointment: GODDEVRIENDT Kristel (director) · published on 13-07-2021 · Gazette deed
First establishment
Omgangstraat 130, Bornem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KREADMIN Bornem | €59,170 | €32,700 | 26.2% | - |
| A54 POP ART Antwerp | €62,381 | €34,817 | 75.1% | - |
| THIBHELO Auderghem | €70,400 | €34,526 | 77.8% | - |
| Nasco Colfontaine | €66,317 | €24,879 | 74.8% | - |
| Arthur Robberechts Brussels | €64,785 | €28,733 | 9.3% | - |
| SIGNOS Etterbeek | €48,986 | €33,337 | 4.0% | - |
| VZ Concept Ottignies-Louvain-la-Neuve | €40,596 | €31,754 | 10.5% | - |
These companies have the same main activity as KREADMIN: literary creation (NACE 90111). They are comparable in size and age: total assets between €40,600 and €70,400, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 09-07-2021Normal situation
- Activity
- Literary creationNACE 90111and 5 others
- Establishment unit
- 2.319.885.3552880 Bornem, since 09-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-05-2025
Annual accounts 2025
- €59,170▲ 10.8%
- Filing
- Filed on 11-04-2026, 111 days before the end of the filing period
Insights on KREADMIN
KREADMIN files the micro format. That format states no turnover. The gross margin rose from €21,829 in 2021 to €32,700 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 KREADMIN
- What is the company number of KREADMIN?
- The company number of KREADMIN is 0770.945.904. The VAT number is the same number with BE in front: BE 0770.945.904.
- Where is KREADMIN based?
- The registered office is at Omgangstraat 130, 2880 Bornem.Company details
- What does KREADMIN do?
- According to the KBO register, the main activity is literary creation (NACE 90111).
- What is the legal form of KREADMIN?
- KREADMIN is a private limited company (BV).
- When was KREADMIN founded?
- KREADMIN was founded on 09-07-2021.
- Is KREADMIN still active?
- Yes, KREADMIN is an active enterprise in the KBO register.
- What is the turnover of KREADMIN?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €32,700 and 35 comparable companies (NACE 90). It probably lies between €54,000 and €150,000.Financials
- Is KREADMIN profitable?
- In financial year 2025, KREADMIN made a profit of €19,467.
- Where can I find the annual accounts of KREADMIN?
- KREADMIN filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KREADMIN due?
- KREADMIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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