Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CREFINET from Saint-Ghislain, company number BE0880903520, closed financial year 2025 with a result of € -91,085 after tax. For that financial year CREFINET recorded a gross margin of € 28,295 and equity of € -44,515. Compared with financial year 2024, the result moved from € -165,434 to € -91,085. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -44,515
▼ € 91,085 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,085
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 15,679
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -50,715.
People and assets in 2025
€ 10,727
▼ 59% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,670
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 877,842
▼ 7% vs 2024
€ 68,324 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 12,633
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 222
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,079 | € 222,263 | € 7,565 | € 28,295 | ▲ 274% |
| Profit after taxes | € 7,177 | € 10,836 | € -165,434 | € -91,085 | ▲ € 74,349 |
| Equity | € 201,169 | € 212,004 | € 46,570 | € -44,515 | ▼ € 91,085 |
| Total debts | € 1,612,083 | € 1,199,100 | € 1,311,454 | € 1,173,897 | ▼ 10% |
| Cash | € 78,738 | € 59,928 | € 17,790 | € 15,679 | ▼ 12% |
| Land & buildings | € 1,448,561 | € 1,074,826 | € 1,065,038 | € 1,024,535 | ▼ 4% |
| Retained profit | € 194,969 | € 205,804 | € 40,370 | € -50,715 | ▼ € 91,085 |
| Bank debt | € 1,338,642 | € 995,145 | € 948,945 | € 877,842 | ▼ 7% |
| Balance sheet total | € 1,813,251 | € 1,411,104 | € 1,358,024 | € 1,129,382 | ▼ 17% |
| Employees (FTE) | 1.9 | 1.3 | 0.9 | - |
Key figures of CREFINET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CREFINET?
What happened at CREFINET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 91,085. filed late Source: NBB ↗
- New establishment in Vorst. KBO
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,177 profit in 2022 to € 91,085 loss in 2025.
Paid € 19,132 in corporate taxes since 2022.
Best year ever: 2023, with € 10,836 profit.
On average € 171,000 of value added per employee in 2023.
A new publication or filing at CREFINET? We notify you, reason included.
Follow CREFINETDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CREFINET is Christian ESPINOZA FERNANDEZ. Christian ESPINOZA FERNANDEZ is also behind RACHATCREDIT.BE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de la Rivièrette(T) 10
7333 Saint-Ghislain
G. Van Haelenlaan 148/150
1190 Vorst
Active since 18 February 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.903.520
- VAT number
- BE 0880.903.520
- Registered office
- Rue de la Rivièrette(T) 10, 7333 Saint-Ghislain
- Names & denominations
- CREFINET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2006
- Peppol
- Not registered
- Activities · NACE
Agenten en makelaars in bankdiensten
Activiteiten van verzekeringsagenten en -makelaars