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AV create-IT

Active
Private limited companyfounded 20224 yrs activeGladiatorenstraat(Mar) 2, 8510 Kortrijk, BelgiumKBO/BCE: BE 0789.546.445

AV create-IT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €47k. Its solvency ranks better than 77% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
100 / 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+18
Growth78
Stability94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 1.21 in 2023), and 17.2% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
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 10-06-2025, 51 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
51 d early
2023
50 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€85k▲ 121%
2023 · €39k
2023: €39k
2023 → 2024
Total assets
€103k▲ 75.4%
2023 · €59k
2023: €59k
2023 → 2024
Net result
€47k▲ 39.4%
2023 · €34k
2023: €34k
2023 → 2024
Working capital
€57k▲ 1,230%
2023 · €4k
2023: €4k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€39k-€85k▲ 121%
Operating result€43k-€60k▲ 38.7%
Net result€34k-€47k▲ 39.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €43k€43kNet result 2023: €34k€34kOperating result 2024: €60k€60kNet result 2024: €47k€47k20232024
The operating result rises in 2024; 2024 is 39% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets €29k▼ 16.9%
Current assets €75k▲ 204%
Equity and liabilities €103k
Equity €85k▲ 121%
Debt €18k▼ 12.2%
The debt ratio falls from 34.4% to 17.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€69k
2023 · €51k
Cash flow
€55k
2023 · €41k
Solvency
82.8%
2023 · 65.6%
Current ratio
4.20
2023 · 1.21
Quick ratio
3.99
2023 · 1.02
Debt / equity
0.21
2023 · 0.53
ROE
54.8%
2023 · 87.1%
ROA
45.4%
2023 · 57.1%
Interest coverage
1020.48
2023 · 681.63
Debt
€18k
2023 · €20k
Debt ≤ 1 year
€18k
2023 · €20k
Income taxes
€13k
2023 · €9k
Staff costs
€0=
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€59k€103k
Formation expenses20€0€0=
Fixed assets21/28€34k€29k
Tangible fixed assets22/27€34k€29k
Plant, machinery and equipment23€5k€6k
Furniture and vehicles24€29k€23k
Current assets29/58€25k€75k
Stocks and contracts in progress3€4k€4k
Stocks30/36€4k€4k
Amounts receivable within one year40/41€11k€13k
Trade receivables40€11k€13k
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€10k€58k
Deferred charges and accrued income490/1€402€412
Equity and liabilities
Total equity and liabilities10/49€59k€103k
Equity10/15€39k€85k
Contributions10/11€5k€5k=
Reserves13€30k€80k
Distributable reserves133€30k€80k
Profit (loss) carried forward14€4k€491
Amounts payable17/49€20k€18k
Amounts payable within one year42/48€20k€18k
Trade debts44€108€131
Suppliers440/4€108€131
Taxes, remuneration and social security45€13k€17k
Taxes450/3€13k€17k
Remuneration and social security454/9€0€0=
Other amounts payable47/48€7k€353
Income statement Code20232024
Remuneration, social security and pensions62€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k
Other operating charges640/8€1k€782
Gross operating margin9900€52k€69k
Operating profit (loss)9901€43k€60k
Financial income75/76B€0€60
Recurring financial income75€0€60
Financial charges65/66B€75€67
Recurring financial charges65€75€67
Profit (loss) for the period before taxes9903€43k€60k
Income taxes67/77€9k€13k
Profit (loss) for the period9904€34k€47k
Profit (loss) for the period to be appropriated9905€34k€47k
Appropriation of the result
Profit (loss) to be appropriated9906€34k€50k
Profit (loss) brought forward from the previous period14P-€4k
Transfer to equity691/2€30k€50k
To other reserves6921€30k€50k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 4.20
Current ratio from 1.21 to 4.20; short-term debt falls from €20k to €18k.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Kortrijk · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Gladiatorenstraat(Mar) 28510 Kortrijk
Ground area
1,200 m²
Building footprint
210 m²
Volume, LiDAR
1,021 m³
Parcel 34026A0209/00K000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AV create-IT
Gladiatorenstraat(Mar) 2, 8510 KortrijkOther printing
since 20222.334.103.575
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34026A0209/00K000 Flanders 1,200 m² 1 · 210 m² 8.3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kortrijk2.334.103.575
1 permission
Detailhandel LM>3 maand · since 10-08-2022

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,530 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-08-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
18120Other printing
47553Retail trade
47593Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
74201Photography, excluding press photography
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.