Creadem+ · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Creadem+ is 1.4% (low). The 2025 annual accounts show equity of €22k and a net result of €51k. Its solvency ranks better than 51% of 385 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 19-12-2025, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

There is a single filed set of accounts, closing on 31-03. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-03-2025	31-10-2025	19-12-2025	49 d late	2025-00587844

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.4% Low

0%0,5%1,5%4%10%≥25%

Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€51k

Working capital€17k

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 19-12-2025 with the NBB · fiscal year 2025 · micro

Sector comparison

Fiscal year 2025 · NACE 96, Personal services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	26.9%	25.9%	better than 51% of 385 sector peers
Net result	€51k	€5k	better than 92% of 384 sector peers
Equity	€22k	€16k	better than 57% of 386 sector peers
Gross operating margin	€61k	€29k	better than 68% of 384 sector peers
Total assets	€82k	€69k	better than 56% of 385 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€60k
Net profit	€51k
Cash flow	€52k
Staff costs	-
Income taxes	€8k
Dividends	-
Total assets	€82k
Equity	€22k
Debt	€60k
of which ≤ 1y	€60k
of which > 1y	-
Working capital	€17k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.28
Quick ratio	1.24
Working capital ratio	20.6%
Solvency	26.9%
Debt / equity	2.72
Long-term debt ratio	-
Interest coverage	70.19
Gross margin	-
Net margin	-
ROA	61.6%
ROE	229.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €4k · 5.2% Current assets €77k · 94.8%

Equity & liabilities

Equity €22k · 26.9% Debt €60k · 73.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€82k
Fixed assets	21/28	€4k
Formation expenses	20	€1k
Tangible fixed assets	22/27	€4k
Current assets	29/58	€77k
Stocks & contracts in progress	3	€3k
Amounts receivable within one year	40/41	€70k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€82k
Equity	10/15	€22k
Contributions / capital	10/11	€2k
Reserves	13	€21k
Amounts payable	17/49	€60k
Amounts payable within one year	42/48	€60k
Trade debts payable within one year	44	€17k
Income statement
Gross operating margin	9900	€61k
Operating result	9901	€58k
Financial income	75	€1k
Financial charges	65	€853
Result before taxes	9903	€59k
Income taxes	67/77	€8k
Net result for the period	9904	€51k
Result to be appropriated	9905	€51k

Ratios computed by Checked.

Health barometer

FY 2025 · computed

78 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Heulsestraat(Bis) 1308501 Kortrijk

Establishment units

1 location

Heulsestraat(Bis) 130, 8501 Kortrijk

Detailhandel in cosmetica en toiletartikelen

since 20242.355.523.353

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area722 m²

Buildings1

Building footprint167 m²

Volume (LiDAR)803 m³

Tallest building10.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34007A0254/00S007	Flanders	722 m²	1 · 167 m²	10.0 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.