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CREDEP

Active
Private limited company· 3 yrs active
Nieuwstraat 36 ·2290 Vorselaar, Belgium
KBO/BCE: BE 0801.343.526
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Age3 yrs
Real estate1 parcel · 1,546 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CREDEP is 4.8% (elevated). The 2024 annual accounts show negative equity (€-14k) and a net result of €-24k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.8% Elevated
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: weaker financial profile +

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

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

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
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 31-12. 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 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 29-08-2025 29 d late 2025-00440402

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
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-24k
Working capital€-14k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · verkort
Fiscal year2024
Depositverkort
Revenue-
EBITDA-
Net profit€-24k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€370k
Equity€-14k
Debt€384k
of which ≤ 1y€384k
of which > 1y-
Working capital€-14k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.96
Quick ratio0.01
Working capital ratio-3.9%
Solvency-3.9%
Debt / equity-26.94
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-6.6%
ROE170.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€370k
Current assets 29/58€370k
Stocks & contracts in progress 3€367k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€4
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€370k
Equity 10/15€-14k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-24k
Amounts payable 17/49€384k
Amounts payable within one year 42/48€384k
Income statement
Gross operating margin 9900€-8k
Operating result 9901€-10k
Financial income 75€1
Financial charges 65€15k
Result before taxes 9903€-24k
Net result for the period 9904€-24k
Result to be appropriated 9905€-24k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
20 / 100 Critical
050100
Computed from 3 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.

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Computed by Checked from the NBB filing for FY 2024. 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.

Nieuwstraat 362290 Vorselaar

Establishment units

1 location
CREDEP
Nieuwstraat 36, 2290 VorselaarOntwerpen en programmeren van computerprogramma's
since 20232.347.829.471
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,546 m²
Buildings1
Building footprint262 m²
Volume (LiDAR)1,254 m³
Tallest building7.9 m · ±2 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.
13044G0285/00A000 Flanders 1,546 m² 1 · 262 m² 7.9 m · 2 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
Health20Profitability100Solvency44Growth-Stability79
61 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 20
Profitability 100
Solvency 44
Growth -
Stability 79

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AI due-diligence brief

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL CREDEP
Registered office
Nieuwstraat 36
2290 Vorselaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.