ACTIO CREATIS
ActiveSummary
ACTIO CREATIS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €108k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 289 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency45▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.99 in 2023; short-term debt: 62.6% and cash: 25.5% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
20.4%
Return on assets
77%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
37 d early
2022
28 d late
2021
22 d late
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€108k▲ 20.0%
2023 · €90k
2018: €4klowest in 7 years
2019: €9k▲ +96.5% vs 2018
2020: €10k▲ +13.3% vs 2019
2021: €82k▲ +736% vs 2020
2022: €53k▼ -34.5% vs 2021
2023: €90k▲ +68.8% vs 2022
2024: €108k▲ +20.0% vs 2023highest in 7 years
2018 → 2024
Working capital
€11k
2023 · €-815
2018: €8k
2019: €11k▲ +38.2% vs 2018
2020: €18k▲ +60.5% vs 2019
2021: €45k▲ +148% vs 2020highest in 7 years
2022: €14k▼ -67.9% vs 2021
2023: €-815▼ -106% vs 2022lowest in 7 years
2024: €11k▲ +1392% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€35k▲ 20.7%€35k=€20k▼ 41.4%€29k▲ 40.5%
2020: €29k
2021: €35k▲ +20.7% vs 2020highest in 5 years
2022: €35k● 0.0% vs 2021highest in 5 years
2023: €20k▼ -41.4% vs 2022lowest in 5 years
2024: €29k▲ +40.5% vs 2023
Operating result€12k-€104k▲ 762%€71k▼ 32.4%€116k▲ 64.8%€144k▲ 23.6%
2020: €12klowest in 5 years
2021: €104k▲ +762% vs 2020
2022: €71k▼ -32.4% vs 2021
2023: €116k▲ +64.8% vs 2022
2024: €144k▲ +23.6% vs 2023highest in 5 years
Net result€10k-€82k▲ 736%€53k▼ 34.5%€90k▲ 68.8%€108k▲ 20.0%
2020: €10klowest in 5 years
2021: €82k▲ +736% vs 2020
2022: €53k▼ -34.5% vs 2021
2023: €90k▲ +68.8% vs 2022
2024: €108k▲ +20.0% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141k
Fixed assets
€42k ▲ 4.5%
Current assets
€99k ▲ 21.4%
Equity and liabilities €141k
Equity
€29k ▲ 40.5%
Debt
€112k ▲ 10.8%
Debt's share of the balance-sheet total falls from 83.2% to 79.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€149k▲
2023 · €126k
Cash flow
€114k▲
2023 · €100k
Current ratio
1.12▲
2023 · 0.99
Debt to equity
3.90▼
2023 · 4.94
ROE
376.7%▼
2023 · 441.2%
ROA
77.0%▲
2023 · 74.3%
Interest coverage
38.48▼
2023 · 113.56
Debt ≤ 1 year
€88k▲
2023 · €82k
Debt > 1 year
€24k▲
2023 · €19k
Income taxes
€32k▲
2023 · €25k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€122k€141k▲
Fixed assets21/28€40k€42k▲
Tangible fixed assets22/27€40k€42k▲
Furniture and vehicles24-€7k
Other tangible fixed assets26€40k€35k▼
Current assets29/58€81k€99k▲
Amounts receivable within one year40/41€55k€63k▲
Trade receivables40€44k€63k▲
Other amounts receivable41€11k€7▼
Cash at bank and in hand54/58€27k€36k▲
Equity and liabilities
Total equity and liabilities10/49€122k€141k▲
Equity10/15€20k€29k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14-€8k
Amounts payable17/49€101k€112k▲
Amounts payable after more than one year17€19k€24k▲
Financial debts170/4€19k€24k▲
Amounts payable within one year42/48€82k€88k▲
Current portion of amounts payable after more than one year42€6k€8k▲
Trade debts44€28k€39k▲
Suppliers440/4€28k€39k▲
Taxes, remuneration and social security45€49k€32k▼
Taxes450/3€49k€32k▼
Other amounts payable47/48-€9k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€892€3k▲
Gross operating margin9900€127k€152k▲
Operating profit (loss)9901€116k€144k▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€115k€140k▲
Income taxes67/77€25k€32k▲
Profit (loss) for the period9904€90k€108k▲
Profit (loss) for the period to be appropriated9905€90k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€108k▲
Profit (loss) brought forward from the previous period14P€14k-
Profit to be distributed694/7€105k€100k▼
Return on contributions (dividend)694€105k€100k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €10k | €10k | €10k | €5k | ▼ 47.8% |
| Other operating charges640/8 | - | €1k | €1k | €892 | €3k | ▲ 195% |
| Gross operating margin9900 | €21k | €115k | €81k | €127k | €152k | ▲ 19.1% |
| Operating profit (loss)9901 | €12k | €104k | €71k | €116k | €144k | ▲ 23.6% |
| Financial charges65/66B | - | €734 | €2k | €1k | €4k | ▲ 248% |
| Recurring financial charges65 | €1k | €734 | €2k | €1k | €4k | ▲ 248% |
| Profit (loss) for the period before taxes9903 | €11k | €104k | €68k | €115k | €140k | ▲ 21.4% |
| Income taxes67/77 | €1k | €22k | €15k | €25k | €32k | ▲ 26.7% |
| Profit (loss) for the period9904 | €10k | €82k | €53k | €90k | €108k | ▲ 20.0% |
| Profit (loss) for the period to be appropriated9905 | €10k | €82k | €53k | €90k | €108k | ▲ 20.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €112k | €134k | €122k | €141k | ▲ 15.8% |
| Fixed assets21/28 | €23k | €27k | €42k | €40k | €42k | ▲ 4.5% |
| Tangible fixed assets22/27 | €23k | €27k | €42k | €40k | €42k | ▲ 4.5% |
| Furniture and vehicles24 | - | €12k | €5k | - | €7k | - |
| Other tangible fixed assets26 | - | €15k | €37k | €40k | €35k | ▼ 12.5% |
| Current assets29/58 | €86k | €86k | €92k | €81k | €99k | ▲ 21.4% |
| Amounts receivable within one year40/41 | €71k | €62k | €70k | €55k | €63k | ▲ 14.7% |
| Trade receivables40 | - | €62k | €52k | €44k | €63k | ▲ 42.0% |
| Other amounts receivable41 | - | - | €18k | €11k | €7 | ▼ 99.9% |
| Cash at bank and in hand54/58 | €15k | €24k | €22k | €27k | €36k | ▲ 35.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €112k | €134k | €122k | €141k | ▲ 15.8% |
| Equity10/15 | €29k | €35k | €35k | €20k | €29k | ▲ 40.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €21k | €14k | €14k | - | €8k | - |
| Amounts payable17/49 | €79k | €77k | €99k | €101k | €112k | ▲ 10.8% |
| Amounts payable after more than one year17 | €12k | €5k | €21k | €19k | €24k | ▲ 25.6% |
| Financial debts170/4 | - | €5k | €21k | €19k | €24k | ▲ 25.6% |
| Amounts payable within one year42/48 | €68k | €41k | €78k | €82k | €88k | ▲ 7.4% |
| Current portion of amounts payable after more than one year42 | - | €6k | €7k | €6k | €8k | ▲ 49.0% |
| Trade debts44 | €43k | €7k | €29k | €28k | €39k | ▲ 40.0% |
| Suppliers440/4 | - | €7k | €29k | €28k | €39k | ▲ 40.0% |
| Taxes, remuneration and social security45 | - | €27k | €41k | €49k | €32k | ▼ 34.8% |
| Taxes450/3 | - | €27k | €41k | €49k | €32k | ▼ 34.8% |
| Other amounts payable47/48 | - | €927 | - | - | €9k | - |
| Accrued charges and deferred income492/3 | - | €32k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €82k | €53k | €90k | €108k | ▲ 20.0% |
| + Depreciation and write-downs630 | €9k | €10k | €10k | €10k | €5k | ▼ 47.8% |
| Operating cash flow (approximation) | €18k | €92k | €63k | €100k | €114k | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €-14k | €-25k | €-8k | €-7k | ▲ 15.2% |
| Change in cash | - | €9k | €-2k | €4k | €9k | ▲ 129% |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €108k ▲20%
Operating result €144k, net result €108k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2017
Ground area
1,700 m²
Building footprint
855 m²
Volume, LiDAR
6,442 m³
Parcel 21445C0275/00N007, Brussels · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
44
companies at this address
See who is registered here
1 establishment unit
ACTIO CREATIS
since 20172.270.124.751
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0275/00N007 | Brussels | 1,700 m² | 1 · 855 m² | 11.4 m · 2 fl. |
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.
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Of 14,144 companies in sector 74201 we hold annual accounts for 2,612. 1,787 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)
Founded17-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
47120Other non-specialised retail sale
59130Motion picture, video and television programme production, sound recording and music publishing activities
90111Literary creation
Contact
Phone
0032477964134
Scores and ratios are computed by Checked and are not a credit decision.