Creatron · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Creatron is 0.2% (very low). The 2025 annual accounts show equity of €616k and a net result of €72k. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 1339 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-03. 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	30-10-2025	1 d early	2025-00558056
31-03-2024	31-10-2024	31-10-2024	on the day	2024-00523901
31-03-2023	31-10-2023	29-09-2023	32 d early	2023-00466287
31-03-2022	31-10-2022	28-10-2022	3 d early	2022-20476550
31-03-2021	31-10-2021	03-11-2021	3 d late	2021-76300301
31-03-2020	31-10-2020	11-12-2020	41 d late	2020-75200588
31-03-2019	31-10-2019	20-11-2019	20 d late	2019-74200062
31-03-2018	31-10-2018	09-11-2018	9 d late	2018-72100036
31-03-2017	31-10-2017	29-09-2017	32 d early	2017-65200571
31-03-2016	31-10-2016	04-11-2016	4 d late	2016-67500347

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

Long-established

Founded in 1990, 35 years in business.

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

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

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€72k-34.9%

Working capital€-253k+5.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 30-10-2025 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~8.4%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	56.8%	22.9%	better than 72% of 1339 sector peers
Net result	€72k	€10k	better than 88% of 1337 sector peers
Equity	€616k	€44k	better than 93% of 1340 sector peers
Gross operating margin	€169k	€39k	better than 90% of 1337 sector peers
Total assets	€1.08M	€291k	better than 82% of 1339 sector peers

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

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P72

Weakening position over 2020-2025 · n=859-4951

Net result P88

Improving position over 2020-2025 · n=858-4943

Equity P93

Stable position over 2020-2025 · n=859-4954

Gross operating margin P90

Stable position over 2020-2025 · n=858-4937

Describes the position versus peers, not a forecast.

EBITDA

€168k

-30.1% 19-25

Net profit

€72k

-34.9% 19-25

Cash flow

€125k

-30.8% 19-25

Total assets

€1.08M

-0.3% 19-25

Equity

€616k

+13.3% 19-25

Working capital

€-253k

+5.3% 19-25

Income taxes

€43k

-27.5% 19-25

Debt

€468k

-13.8% 19-25

Debt ≤ 1y

€468k

-13.8% 19-25

Current ratio

0.46

-9.6% 19-25

Quick ratio

0.46

-9.6% 19-25

Solvency

56.8%

+13.6% 19-25

Debt / equity

0.76

-24.0% 19-25

ROE

11.8%

-42.6% 19-25

ROA

6.7%

-34.7% 19-25

Interest coverage

648.83

-61.8% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€168k
Net profit	€72k
Cash flow	€125k
Staff costs	-
Income taxes	€43k
Dividends	-
Total assets	€1.08M
Equity	€616k
Debt	€468k
of which ≤ 1y	€468k
of which > 1y	-
Working capital	€-253k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.46
Quick ratio	0.46
Working capital ratio	-23.3%
Solvency	56.8%
Debt / equity	0.76
Long-term debt ratio	-
Interest coverage	648.83
Gross margin	-
Net margin	-
ROA	6.7%
ROE	11.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €869k · 80.1% Current assets €215k · 19.9%

Equity & liabilities

Equity €616k · 56.8% Debt €468k · 43.2%

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	€1.08M
Fixed assets	21/28	€869k
Tangible fixed assets	22/27	€869k
Current assets	29/58	€215k
Amounts receivable within one year	40/41	€72k
Cash & bank	54/58	€144k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.08M
Equity	10/15	€616k
Contributions / capital	10/11	€62k
Reserves	13	€554k
Amounts payable	17/49	€468k
Amounts payable within one year	42/48	€468k
Trade debts payable within one year	44	€6k
Income statement
Gross operating margin	9900	€169k
Operating result	9901	€114k
Financial income	75	€681
Financial charges	65	€258
Result before taxes	9903	€115k
Income taxes	67/77	€43k
Net result for the period	9904	€72k
Result to be appropriated	9905	€72k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

63 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from 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.

Thonissenlaan 613500 Hasselt

Establishment units

1 location

CREATRON NV

Thonissenlaan 61, 3500 HasseltProductie van legeringen van edele metalen

since 19912.051.904.742

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

Parcels1

Ground area270 m²

Buildings1

Building footprint113 m²

Volume (LiDAR)1,326 m³

Tallest building22.7 m · ±4 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.
71022H1368/00Z000	Flanders	270 m²	1 · 113 m²	22.7 m · 4 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.

Analysis

Snowflake analysis

financial profile on 5 axes

69 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 63

Profitability 59

Solvency 64

Growth 58

Stability 100

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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We hold annual accounts for 1,363 of the 11,733 companies in this sector. 585 of them are within a factor 10 of this company's equity.

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Company registry

Company registry (CBE)

Crossroads Bank

Activities

Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed70311

Primary activity highlighted.

Names & trade names

Legal nameNL

Creatron

Registered office

Thonissenlaan 61

3500 Hasselt, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.