Cree-Invest
ActiveSummary
Cree-Invest has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €13k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-4
Solvency34▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 23.12 against 6.92 in 2024; short-term debt: 4.3% and cash: 40.1% of total assets), but 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.9%
Return on assets
1.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
30 d early
2023
on the day
2022
82 d early
2021
3 d early
2020
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 16.9%
2024 · €78k
2020: €50k
2021: €50k
2022: €52k
2023: €71k
2024: €78k
2020 → 2025
Total assets
€1.02M▲ 366%
2024 · €219k
2020: €56k
2021: €59k
2022: €85k
2023: €209k
2024: €219k
2020 → 2025
Net result
€13k▲ 87.9%
2024 · €7k
2020: €97
2021: €69
2022: €2k
2023: €19k
2024: €7k
2020 → 2025
Working capital
€976k▲ 421%
2024 · €187k
2020: €50k
2021: €50k
2022: €53k
2023: €176k
2024: €187k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€52k▲ 3.8%€71k▲ 35.6%€78k▲ 9.9%€91k▲ 16.9%
Operating result€154-€2k▲ 1,502%€28k▲ 1,036%€16k▼ 44.5%€26k▲ 69.8%
Net result€69-€2k▲ 2,627%€19k▲ 884%€7k▼ 62.3%€13k▲ 87.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.02M
Equity
€91k ▲ 16.9%
Debt
€930k ▲ 558%
Debt's share of the balance-sheet total rises from 64.5% to 91.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
23.12▲
2024 · 6.92
Quick ratio
19.85▲
2024 · 2.99
Debt to equity
10.25▲
2024 · 1.82
ROE
14.5%▲
2024 · 9.0%
ROA
1.3%▼
2024 · 3.2%
Debt ≤ 1 year
€44k▲
2024 · €32k
Debt > 1 year
€870k▲
2024 · €100k
Income taxes
€7k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€219k€1.02M▲
Current assets29/58€219k€1.02M▲
Stocks and contracts in progress3€124k€144k▲
Stocks30/36€124k€144k▲
Amounts receivable within one year40/41€34k€17k▼
Trade receivables40€31k€17k▼
Other amounts receivable41€3k€7▼
Current investments50/53-€450k
Cash at bank and in hand54/58€60k€409k▲
Equity and liabilities
Total equity and liabilities10/49€219k€1.02M▲
Equity10/15€78k€91k▲
Contributions10/11€50k€50k=
Reserves13€27k€40k▲
Distributable reserves133€27k€40k▲
Profit (loss) carried forward14€600€753▲
Amounts payable17/49€141k€930k▲
Amounts payable after more than one year17€100k€870k▲
Financial debts170/4€100k€870k▲
Amounts payable within one year42/48€32k€44k▲
Trade debts44€139€311▲
Suppliers440/4€139€311▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€452€0▼
Other amounts payable47/48€27k€40k▲
Accrued charges and deferred income492/3€10k€16k▲
Income statement
Code20242025
Other operating charges640/8€604€468▼
Gross operating margin9900€16k€27k▲
Operating profit (loss)9901€16k€26k▲
Financial income75/76B€20€376▲
Recurring financial income75€20€376▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€11k€21k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€14k▲
Profit (loss) brought forward from the previous period14P€600€600=
Transfer to equity691/2€7k€13k▲
To other reserves6921€7k€13k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 23.12
Current ratio from 6.92 to 23.12.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2020net €19k ▲884%
Operating result €28k, net result €19k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 6.42
Current ratio from 2.69 to 6.42.
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €69 ▼28.6%
Net result drops to €69, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2018
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.
Denderbellestraat (STG) 1209200 DendermondeGround area
1,183 m²
Building footprint
159 m²
Volume, LiDAR
885 m³
Parcel 42021D0484/00Y000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cree-Invest
since 20182.284.095.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021D0484/00Y000 | Flanders | 1,183 m² | 1 · 159 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 248 EUR awarded · 248 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 248 EUR | 248 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
HOUBEN PROJECTS
BE 0762.833.932
Hasselt · Eq €90,738
IMMO VAELEN
BE 0448.293.814
Tongeren-Borgloon · Eq €90,733
TERRA HOUSING
BE 0521.898.602
Lennik · Eq €90,834
KADE 9000
BE 1005.621.467
Gent · Eq €90,625
NICK WOSTYN
BE 0771.989.049
Ichtegem · Eq €90,521
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2018
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.