Financials
- Fiscal year
- 2026
- Total assets
- €764,635
- Loss
- -€114,115
- Solvency
- -196.9%
Total assets▲ 373%
Net result
20192026
KREAPLAST
ActiveSummary
KREAPLAST has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€1.5m) and a net result of -€114,115. Equity is shrinking by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 94 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€764,635total assets 2026
- Equity
- -€1.5m
- Loss
- -€114,115
Structure
- Largest shareholder
- PEJO INVEST · 50%
Accounts 110 d early0 of 7 deeds read
Why 53Capped at 59: negative equity- Loss of €114,115, the second in a row (FY 2026)- Negative equity -€1.5m+ Size: total assets €764,635+ Figures for FY 2026 (filed 13-07-2026)Show the evidence
Checked score
Score 2026
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 12% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2025
Weak
Solvency
0=
equity -196.9% of total assets
Liquidity
1-1
short-term debt 122.4% · cash 1.2%
Profitability
0=
return on assets -14.9%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%highest value
12-2024: 1.2%● 0.0% vs 11-2024highest value
01-2025: 1.2%● 0.0% vs 12-2024highest value
02-2025: 1.2%● 0.0% vs 01-2025highest value
03-2025: 1.2%● 0.0% vs 02-2025highest value
04-2025: 1.2%● 0.0% vs 03-2025highest value
05-2025: 1.2%● 0.0% vs 04-2025highest value
06-2025: 1.2%▼ -1.5% vs 05-2025
07-2025: 1.2%● 0.0% vs 06-2025
08-2025: 0.7%▼ -39.6% vs 07-2025
09-2025: 0.7%● 0.0% vs 08-2025
10-2025: 0.7%● 0.0% vs 09-2025
11-2025: 0.7%● 0.0% vs 10-2025
12-2025: 0.7%● 0.0% vs 11-2025
01-2026: 0.7%● 0.0% vs 12-2025
02-2026: 0.7%● 0.0% vs 01-2026
03-2026: 0.7%● 0.0% vs 02-2026
04-2026: 0.7%▼ -1.1% vs 03-2026
05-2026: 0.7%● 0.0% vs 04-2026
06-2026: 0.7%▼ -1.7% vs 05-2026
07-2026: 0.7%● 0.0% vs 06-2026
08-2026: 0.6%▼ -10.5% vs 07-2026lowest value
09-2026: 0.6%● 0.0% vs 08-2026lowest value
10-2026: 0.6%● 0.0% vs 09-2026lowest value
- Size: total assets €764,635 lowers the probability for this profile
- Loss of €114,115, the second in a row (FY 2026) raises the probability
- Negative equity -€1.5m raises the probability
- Figures for FY 2026 (filed 13-07-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.65 against 0.01 in 2025; short-term debt: 122.4% and cash: 1.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 5%, liquidity 5%, profitability 9%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year -€1.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-07-2026, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
110 d early
2025
109 d early
2024
9 d early
2023
4 d early
2022
32 d early
2021
19 d early
2020
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 77 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · full…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2026: debts exceed assets -€1.5m View
- Risk: 3 loss-making years in a rowloss fiscal year 2026 -€114,115 View
- Caution: Among the weakest 5% on solvencysector median 36.4% · 94 companies -196.9% View
- Positive: Always filed on timeaccounts within the deadline every year 6 years View
By topic
Board & ownership
- Largest shareholder
- PEJO INVEST · 50%
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-10-2027
- 13-07-2026Annual accounts filed
- 14-07-2025Annual accounts filed
- 22-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of non-residential building projectsNACE 68122
- Founded
- 14-10-1987
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.