A3 création
ActiveSummary
A3 création has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,188 and a net result of -€1,163. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+7
Solvency33=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.4%
Return on assets
-3.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1,163
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
1 d early
2023
8 d late
2022
32 d late
2021
10 d late
2020
13 d late
2019
243 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€3,188▼ 26.7%
2024 · €4,351
Total assets
€37,831▼ 29.2%
2024 · €53,467
Net result
-€1,163▲ 73.9%
2024 · -€4,456
Working capital
-€8,058▲ 16.9%
2024 · -€9,696
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,379€6,131-€3,919€471€3,211▲ 582%
Net result-€9,525€3,772-€6,834-€4,456▲ 34.8%-€1,163▲ 73.9%
Equity€11,870▼ 44.5%€15,642▲ 31.8%€8,807▼ 43.7%€4,351▼ 50.6%€3,188▼ 26.7%
Total assets€42,291▲ 1.4%€66,914▲ 58.2%€60,449▼ 9.7%€53,467▼ 11.6%€37,831▼ 29.2%
Debt€30,421▲ 49.9%€51,272▲ 68.5%€51,642▲ 0.7%€49,116▼ 4.9%€34,643▼ 29.5%
Working capital-€443-€4,357▼ 884%-€8,224▼ 88.8%-€9,696▼ 17.9%-€8,058▲ 16.9%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 582% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,831
Fixed assets
€12,391 ▼ 46.7%
Current assets
€25,440 ▼ 15.8%
Equity and liabilities €37,831
Equity
€3,188 ▼ 26.7%
Debt
€34,643 ▼ 29.5%
Debt's share of the balance-sheet total falls from 91.9% to 91.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,082▲
2024 · €11,761
Cash flow
€9,708▲
2024 · €6,834
Current ratio
0.76▲
2024 · 0.76
Debt to equity
10.87▼
2024 · 11.29
ROE
-36.5%▲
2024 · -102.4%
ROA
-3.1%▲
2024 · -8.3%
Interest coverage
8.47▼
2024 · 8.92
Debt ≤ 1 year
€33,498▼
2024 · €39,901
Debt > 1 year
€1,145▼
2024 · €9,215
Income taxes
€2,799▼
2024 · €3,608
Staff costs
€1,473▲
2024 · €1,350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,397 | - |
| Remuneration, social security and pensions62 | €222 | €817 | €1,241 | €1,350 | €1,473 | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,733 | €9,811 | €12,209 | €11,290 | €10,871 | ▼ 3.7% |
| Other operating charges640/8 | €1,014 | €2,183 | €5,206 | €4,458 | €946 | ▼ 78.8% |
| Gross operating margin9900 | -€3,410 | €18,942 | €14,737 | €17,569 | €16,501 | ▼ 6.1% |
| Operating profit (loss)9901 | -€7,379 | €6,131 | -€3,919 | €471 | €3,211 | ▲ 582% |
| Financial income75/76B | €51 | - | - | - | €88 | - |
| Recurring financial income75 | €51 | - | - | - | €88 | - |
| Financial charges65/66B | €474 | €1,372 | €1,353 | €1,319 | €1,663 | ▲ 26.1% |
| Recurring financial charges65 | €474 | €1,372 | €1,353 | €1,319 | €1,663 | ▲ 26.1% |
| Profit (loss) for the period before taxes9903 | -€7,802 | €4,759 | -€5,272 | -€848 | €1,636 | ▲ 293% |
| Income taxes67/77 | €1,723 | €987 | €1,562 | €3,608 | €2,799 | ▼ 22.4% |
| Profit (loss) for the period9904 | -€9,525 | €3,772 | -€6,834 | -€4,456 | -€1,163 | ▲ 73.9% |
| Profit (loss) for the period to be appropriated9905 | -€9,525 | €3,772 | -€6,834 | -€4,456 | -€1,163 | ▲ 73.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,291 | €66,914 | €60,449 | €53,467 | €37,831 | ▼ 29.2% |
| Fixed assets21/28 | €31,984 | €45,795 | €34,552 | €23,262 | €12,391 | ▼ 46.7% |
| Tangible fixed assets22/27 | €31,984 | €45,795 | €34,552 | €23,262 | €12,391 | ▼ 46.7% |
| Plant, machinery and equipment23 | €1,675 | €726 | €291 | - | - | - |
| Furniture and vehicles24 | €30,309 | €45,069 | €34,261 | €23,262 | €12,391 | ▼ 46.7% |
| Current assets29/58 | €10,307 | €21,119 | €25,897 | €30,205 | €25,440 | ▼ 15.8% |
| Amounts receivable within one year40/41 | €6,392 | €17,937 | €21,506 | €25,382 | €22,083 | ▼ 13.0% |
| Trade receivables40 | €5,224 | €12,776 | €8,024 | €12,936 | €13,750 | ▲ 6.3% |
| Other amounts receivable41 | €1,168 | €5,161 | €13,482 | €12,446 | €8,333 | ▼ 33.0% |
| Cash at bank and in hand54/58 | €3,459 | €1,133 | €1,830 | €2,063 | €796 | ▼ 61.4% |
| Deferred charges and accrued income490/1 | €456 | €2,049 | €2,561 | €2,760 | €2,561 | ▼ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,291 | €66,914 | €60,449 | €53,467 | €37,831 | ▼ 29.2% |
| Equity10/15 | €11,870 | €15,642 | €8,807 | €4,351 | €3,188 | ▼ 26.7% |
| Contributions10/11 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Profit (loss) carried forward14 | €5,570 | €9,342 | €2,507 | -€1,949 | -€3,112 | ▼ 59.7% |
| Amounts payable17/49 | €30,421 | €51,272 | €51,642 | €49,116 | €34,643 | ▼ 29.5% |
| Amounts payable after more than one year17 | €19,509 | €25,634 | €17,521 | €9,215 | €1,145 | ▼ 87.6% |
| Financial debts170/4 | €19,509 | €25,634 | €17,521 | €9,215 | €1,145 | ▼ 87.6% |
| Amounts payable within one year42/48 | €10,750 | €25,476 | €34,121 | €39,901 | €33,498 | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | €4,744 | €7,926 | €8,113 | €8,305 | €8,930 | ▲ 7.5% |
| Trade debts44 | €5,554 | €11,153 | €14,639 | €13,424 | €5,317 | ▼ 60.4% |
| Suppliers440/4 | €5,554 | €11,153 | €14,639 | €13,424 | €5,317 | ▼ 60.4% |
| Taxes, remuneration and social security45 | €452 | €6,397 | €11,369 | €18,172 | €19,251 | ▲ 5.9% |
| Taxes450/3 | €452 | €6,397 | €11,369 | €18,172 | €19,251 | ▲ 5.9% |
| Accrued charges and deferred income492/3 | €162 | €162 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,525 | €3,772 | -€6,834 | -€4,456 | -€1,163 | ▲ 73.9% |
| + Depreciation and write-downs630 | €2,733 | €9,811 | €12,209 | €11,290 | €10,871 | ▼ 3.7% |
| Operating cash flow (approximation) | -€6,792 | €13,583 | €5,375 | €6,834 | €9,708 | ▲ 42.1% |
| Investment in fixed assets (approximation) | - | -€23,622 | -€966 | €0 | €0 | - |
| Change in cash | - | -€2,326 | €697 | €233 | -€1,267 | ▼ 644% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €3,772
Net result €3,772 after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 243 days late
2020
31-12
Financial
Highest result since 2018net €40,323 ▲263%
Operating result €40,567, net result €40,323, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.49 to 1.52; short-term debt falls from €40,249 to €20,297.
2019
31-12
Financial
Back to profitnet €11,102
Net result €11,102 after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Braine-le-Château · 1 establishment unit since 2004
Ground area
483 m²
Building footprint
117 m²
Parcel 25015C0127/00S006, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
A3 CREATION
since 20042.142.496.804
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0127/00S006 | Wallonia | 483 m² | 1 · 117 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
M&F CONSTRUCTION
BE 0753.943.683
Grimbergen · Eq €3,189
W&S Construct
BE 1019.031.520
Laakdal · Eq €3,173
DT Construction
BE 0800.948.794
Sambreville · Eq €3,205
Julien Borremans-Cock en kinderen
BE 0412.647.797
Geraardsbergen · Eq €3,167
J-Lucy Construction
BE 0805.268.858
Bastogne · Eq €3,213
Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 4,782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail
info@otero-expertises.be
Phone
0495/232645
Scores and ratios are computed by Checked and are not a credit decision.