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REDERIJ CREVITS

Active
Private limited companyfounded 1996active for 30 yearsde Manlaan 2, 8490 Jabbeke, BelgiumKBO/BCE: BE 0456.860.595
Summary

REDERIJ CREVITS has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,703 and a net result of -€86,873. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 55 sector peers (NACE 03, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Fishing and aquaculture
NACE 03110Machining of metals NACE 25530
5th largest employer in West Flanders, Fishing and aquaculture sector1 site
Size
€1.6mtotal assets 2025
Staff
12.6 FTE
Equity
€380,703
Loss
-€86,873
Turnover not published (abbreviated format)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 31 days early2 of 7 deeds read
Why 63raises riskLoss of €86,873 (financial year 2025)Size: 12.6 FTE, total assets €1.6mSector: Fishing and aquaculture (NACE 03)Equity €380,703 (23.9% of total assets)Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (all companies)
Financial strength · tick = 2024
Average
Solvency 49=
equity 23.9% of total assets
Liquidity 41-4
short-term debt 30.2% · cash 2.8%
Profitability 62-8
return on assets -5.5%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (15 companies, NACE 03, small)
Last 24 months 11-2024: 3.3% 12-2024: 3.2%▼ -0.1 percentage points vs 11-2024 01-2025: 1.4%▼ -1.8 percentage points vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.7%▲ +0.2 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.5 percentage points vs 12-2025lowest value 02-2026: 1.7%▲ +0.5 percentage points vs 01-2026 03-2026: 2.1%▲ +0.4 percentage points vs 02-2026 04-2026: 3.0%▲ +0.9 percentage points vs 03-2026 05-2026: 3.1%▲ +0.1 percentage points vs 04-2026 06-2026: 3.3%▲ +0.2 percentage points vs 05-2026 07-2026: 3.8%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 3.8%● unchanged vs 07-2026highest value 09-2026: 3.8%● unchanged vs 08-2026highest value 10-2026: 1.5%▼ -2.3 percentage points vs 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.32, compared with 0.75 in 2024, below 1; short-term debt: 30.2% and cash: 2.8% of total assets), and 76.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 37% on solvency, 43% on liquidity and 50% on profitability.

The bankruptcy probability was computed on 21-10-2026 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.

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

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Signals

Six signals.
raises riskneutral
raises risk · Loss of €86,873 (financial year 2025)
NBB · annual accounts
raises risk · Size: 12.6 FTE, total assets €1.6m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Fishing and aquaculture (NACE 03)
KBO
raises risk · Equity €380,703 (23.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 55 sector peers (2025).
NBB · sector comparison
Position among 55 sector peers
Solvency
better than 20%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
50 days early
2023
64 days early
2022
68 days early
2021
4 days early
2020
1 day early
2019
1 day early
← 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 31 days before the deadline; the sector median (NACE 03) for financial year 2024 is 9 days after the deadline, and 55% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Algemene Vergadering - BoekjaarRegistered office clause · Power…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €29,012 in 2024 -€86,873 View
  • Caution: Among the weakest 18% on net resultsector median €872 · 56 companies -€86,873 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Flemish supportawarded from 2022 to 2024 €106,380 View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Loss
-€86,873
Solvency
23.9%
Total assets▼ 24.5%
Net result
20192025
Go to Financials

Timeline

Events
33
Since
1998
  1. 30-06-2024Back to profit
  2. 14-12-2023Registered office · Amendment of the articles…
  3. 28-11-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Fishing and aquacultureNACE 03110
Founded
12-01-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Fourth Tuesday of June at 10:00
Purpose
“Het bemiddelen en optreden als agent voor artiesten,alsook het organiseren van optredens…” (deed in Dutch)
Go to Articles of association

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