KREAPAINT
ActiveKREAPAINT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €37k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 43% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+30
Solvency63▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.07 in 2024; short-term debt: 21.9% and cash: 4.7% of total assets), but 61.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
1%
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
34 d early
2023
40 d early
2022
69 d early
2021
60 d early
2020
96 d early
2019
95 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.41M▲ 2.7%
2024 · €1.37M
2018: €1.59M
2019: €1.51M
2020: €1.56M
2021: €1.50M
2022: €1.47M
2023: €1.47M
2024: €1.37M
2018 → 2025
Total assets
€3.69M▼ 1.2%
2024 · €3.74M
2018: €2.38M
2019: €3.94M
2020: €3.84M
2021: €4.20M
2022: €3.98M
2023: €3.96M
2024: €3.74M
2018 → 2025
Net result
€37k
2024 · €-93k
2018: €110k
2019: €-74k
2020: €46k
2021: €-59k
2022: €-27k
2023: €-8k
2024: €-93k
2018 → 2025
Working capital
€1.21M▲ 27.9%
2024 · €945k
2018: €1.74M
2019: €1.36M
2020: €1.34M
2021: €1.22M
2022: €1.11M
2023: €1.07M
2024: €945k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.50M-€1.47M▼ 1.8%€1.47M▼ 0.5%€1.37M▼ 6.3%€1.41M▲ 2.7%
Operating result€-48k-€-7k▲ 84.9%€2k€-49k€98k
Net result€-59k-€-27k▲ 54.5%€-8k▲ 71.7%€-93k▼ 1,113%€37k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €98k after a loss of €49k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.69M
Fixed assets
€1.68M▼ 12.2%
Current assets
€2.02M▲ 10.3%
Equity and liabilities €3.69M
Equity
€1.41M▲ 2.7%
Provisions
€98k▼ 6.9%
Debt
€2.19M▼ 3.3%
The debt ratio falls from 60.5% to 59.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€327k▲
2024 · €103k
Cash flow
€266k▲
2024 · €59k
Solvency
38.2%▲
2024 · 36.7%
Current ratio
2.50▲
2024 · 2.07
Quick ratio
2.23▲
2024 · 1.83
Debt / equity
1.55▼
2024 · 1.65
ROE
2.6%▲
2024 · -6.8%
ROA
1.0%▲
2024 · -2.5%
Interest coverage
4.65▲
2024 · 1.64
Debt
€2.19M▼
2024 · €2.26M
Debt ≤ 1 year
€807k▼
2024 · €882k
Debt > 1 year
€1.38M▼
2024 · €1.38M
Income taxes
€13k▲
2024 · €731
Staff costs
€1.03M▲
2024 · €963k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.74M€3.69M▼
Fixed assets21/28€1.91M€1.68M▼
Intangible fixed assets21€203k€83k▼
Tangible fixed assets22/27€1.70M€1.58M▼
Land and buildings22€1.63M€1.53M▼
Plant, machinery and equipment23€28k€28k▲
Furniture and vehicles24€10k€19k▲
Other tangible fixed assets26€32k€2k▼
Financial fixed assets28€12k€12k=
Current assets29/58€1.83M€2.02M▲
Stocks and contracts in progress3€211k€213k▲
Stocks30/36€211k€213k▲
Amounts receivable within one year40/41€1.41M€1.60M▲
Trade receivables40€269k€382k▲
Other amounts receivable41€1.14M€1.22M▲
Cash at bank and in hand54/58€164k€175k▲
Deferred charges and accrued income490/1€38k€25k▼
Equity and liabilities
Total equity and liabilities10/49€3.74M€3.69M▼
Equity10/15€1.37M€1.41M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€1.12M€1.16M▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€395k€373k▼
Distributable reserves133€703k€761k▲
Provisions and deferred taxes16€105k€98k▼
Deferred taxes168€105k€98k▼
Amounts payable17/49€2.26M€2.19M▼
Amounts payable after more than one year17€1.38M€1.38M▼
Financial debts170/4€1.38M€1.38M▼
Amounts payable within one year42/48€882k€807k▼
Current portion of amounts payable after more than one year42€168k€146k▼
Financial debts43€295k€250k▼
Credit institutions430/8€295k€250k▼
Trade debts44€322k€354k▲
Suppliers440/4€322k€354k▲
Advances received on contracts in progress46€1k€2k▲
Taxes, remuneration and social security45€96k€55k▼
Taxes450/3€45k€25k▼
Remuneration and social security454/9€51k€30k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€963k€1.03M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152k€229k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-12k
Other operating charges640/8€38k€19k▼
Non-recurring operating charges66A-€29k
Gross operating margin9900€1.10M€1.39M▲
Operating profit (loss)9901€-49k€98k▲
Financial income75/76B€13k€15k▲
Recurring financial income75€13k€15k▲
Financial charges65/66B€63k€70k▲
Recurring financial charges65€63k€70k▲
Profit (loss) for the period before taxes9903€-100k€43k▲
Transfer from deferred taxes780€7k€7k=
Income taxes67/77€731€13k▲
Profit (loss) for the period9904€-93k€37k▲
Transfer from tax-exempt reserves789€22k€22k=
Profit (loss) for the period to be appropriated9905€-71k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€58k▲
Transfer from equity791/2€71k-
Transfer to equity691/2-€58k
To other reserves6921-€58k
Social balance
Average headcount (FTE)908721.919.5▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after 4 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beringen · 2 establishment units since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mulderstraat 23583 BeringenGround area
4,818 m²
Building footprint
1,851 m²
Volume, LiDAR
9,604 m³
2 parcels, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
KREAPAINT
since 20042.136.390.257
Moris Interieur
since 20212.322.977.873
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1196/00Z002 | Flanders | 3,610 m² | 1 · 1,509 m² | 10.7 m · 1 fl. |
| 72004B0263/00F000 | Flanders | 1,208 m² | 1 · 343 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,277 EUR awarded · 3,277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 157 EUR | 157 EUR |
| 2024 | 1 | 1,957 EUR | 1,957 EUR |
| 2023 | 1 | 0 EUR | 668 EUR |
| 2022 | 1 | 1,163 EUR | 495 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesKREAPAINT NV28607
Similar companies · same sector, comparable size
DAIAN PROJECTS
BE 0421.830.927
Torhout · Eq €1.38M
A PROJECT
BE 0830.253.286
Merchtem · Eq €1.30M
SIPRES
BE 0423.643.540
Mons · Eq €1.56M
DEBRA BOUW & AFWERKING
BE 0479.374.196
Gent · Eq €1.26M
Instore
BE 0414.016.289
Elsene · Eq €1.18M
Of 914 companies in sector 43333 we hold annual accounts for 400. 146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-2004
Fiscal year end31-12
Activities, NACEBEL
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
45433
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.