Be-CREATE
ActiveSummary
Be-CREATE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,304 and a net result of €1,170. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 44% of 16,925 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Staff
- ≈ 0.4 FTE, estimated
- Equity
- €53,304
- Profit
- €1,170
- MEYEN, Hilde Rita EviDirector
- REYNDERS, PhilipDirector
Why 65raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €227,195Liquidity: current ratio 0.11, cash €10,669lowers riskFounded in 2015Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 44% on solvency, 29% on liquidity, 49% on profitability and 46% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €1,170
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €2,822 after a loss of €15,377 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96.9% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,273 | €12,649 | €11,540 | €9,153 | ▼ 20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,737 | €26,902 | €26,902 | €27,078 | €27,026 | €23,803 | €26,630 | ▲ 11.9% |
| Other operating charges640/8 | - | - | - | €2,384 | €3,138 | €3,305 | €2,805 | ▼ 15.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €3,922 | - |
| Gross operating margin9900 | €43,070 | €54,524 | €26,950 | €48,810 | €60,074 | €23,271 | €45,333 | ▲ 94.8% |
| Operating profit (loss)9901 | €1,544 | €14,796 | -€8,641 | €5,075 | €17,261 | -€15,377 | €2,822 | - |
| Financial income75/76B | - | - | - | €0 | €2 | €2 | €1 | ▼ 66.4% |
| Recurring financial income75 | €0 | €18 | - | €0 | €2 | €2 | €1 | ▼ 66.4% |
| Financial charges65/66B | - | - | - | €4,548 | €4,469 | €1,543 | €1,054 | ▼ 31.7% |
| Recurring financial charges65 | €3,859 | €5,888 | €4,472 | €4,548 | €4,469 | €1,543 | €1,054 | ▼ 31.7% |
| Profit (loss) for the period before taxes9903 | -€2,315 | €8,926 | -€13,114 | €527 | €12,793 | -€16,918 | €1,769 | - |
| Income taxes67/77 | €90 | €123 | €121 | €123 | €416 | €233 | €599 | ▲ 158% |
| Profit (loss) for the period9904 | -€2,405 | €8,803 | -€13,234 | €404 | €12,377 | -€17,151 | €1,170 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,405 | €8,803 | -€13,234 | €404 | €12,377 | -€17,151 | €1,170 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €341,644 | €316,016 | €286,914 | €268,754 | €265,774 | €241,126 | €227,195 | ▼ 5.8% |
| Formation expenses20 | €18,948 | €15,916 | €12,884 | €9,852 | €6,820 | €3,788 | €756 | ▼ 80.0% |
| Fixed assets21/28 | €307,992 | €285,770 | €261,900 | €239,423 | €218,662 | €229,365 | €214,851 | ▼ 6.3% |
| Tangible fixed assets22/27 | €307,992 | €285,770 | €261,900 | €239,423 | €218,662 | €229,365 | €214,851 | ▼ 6.3% |
| Land and buildings22 | - | - | - | €233,195 | €217,582 | €228,600 | €212,412 | ▼ 7.1% |
| Plant, machinery and equipment23 | - | - | - | €5,876 | €1,079 | €765 | €2,439 | ▲ 219% |
| Furniture and vehicles24 | - | - | - | €351 | €0 | - | - | - |
| Current assets29/58 | €14,703 | €14,331 | €12,130 | €19,480 | €40,293 | €7,973 | €11,588 | ▲ 45.3% |
| Stocks and contracts in progress3 | €2,830 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €7,225 | €9,733 | €10,686 | €3,922 | €6,547 | €5,191 | €919 | ▼ 82.3% |
| Trade receivables40 | - | - | - | €3,922 | €6,547 | €3,922 | €919 | ▼ 76.6% |
| Other amounts receivable41 | - | - | - | - | - | €1,268 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3,683 | €4,442 | €220 | €15,472 | €33,745 | €2,783 | €10,669 | ▲ 283% |
| Deferred charges and accrued income490/1 | - | - | - | €85 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €341,644 | €316,016 | €286,914 | €268,754 | €265,774 | €241,126 | €227,195 | ▼ 5.8% |
| Equity10/15 | €60,935 | €69,738 | €56,504 | €56,908 | €69,285 | €52,134 | €53,304 | ▲ 2.2% |
| Contributions10/11 | €60,000 | - | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | €935 | €9,738 | -€3,496 | -€3,092 | €9,285 | -€7,866 | -€6,696 | ▲ 14.9% |
| Amounts payable17/49 | €280,709 | €246,278 | €230,410 | €211,847 | €196,489 | €188,992 | €173,891 | ▼ 8.0% |
| Amounts payable after more than one year17 | €125,959 | €107,553 | €94,349 | €86,173 | €81,222 | €76,132 | €70,901 | ▼ 6.9% |
| Financial debts170/4 | - | - | - | €86,173 | €81,222 | €76,132 | €70,901 | ▼ 6.9% |
| Amounts payable within one year42/48 | €154,326 | €136,718 | €133,237 | €124,846 | €113,592 | €112,861 | €101,605 | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,176 | €4,951 | €5,090 | €5,231 | ▲ 2.8% |
| Trade debts44 | €10,696 | €16,984 | €12,732 | €4,966 | €12,293 | €5,343 | €133 | ▼ 97.5% |
| Suppliers440/4 | - | - | - | €4,966 | €12,293 | €5,343 | €133 | ▼ 97.5% |
| Advances received on contracts in progress46 | - | - | - | €575 | €575 | €551 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €12,332 | €9,679 | €3,138 | €7,800 | ▲ 149% |
| Taxes450/3 | - | - | - | €9,781 | €5,588 | €3,083 | €7,800 | ▲ 153% |
| Remuneration and social security454/9 | - | - | - | €2,551 | €4,091 | €55 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €98,797 | €86,094 | €98,738 | €88,441 | ▼ 10.4% |
| Accrued charges and deferred income492/3 | - | - | - | €828 | €1,675 | - | €1,386 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,405 | €8,803 | -€13,234 | €404 | €12,377 | -€17,151 | €1,170 | - |
| + Depreciation and write-downs630 | €26,737 | €26,902 | €26,902 | €27,078 | €27,026 | €23,803 | €26,630 | ▲ 11.9% |
| Operating cash flow (approximation) | €24,332 | €35,705 | €13,668 | €27,482 | €39,403 | €6,652 | €27,800 | ▲ 318% |
| Investment in fixed assets (approximation) | - | -€4,679 | -€3,032 | -€4,601 | -€6,265 | -€34,507 | -€12,116 | ▲ 64.9% |
| Change in cash | - | €759 | -€4,221 | €15,252 | €18,273 | -€30,962 | €7,886 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 15-04-2026 | 2026-00084498 |
| 30-09-2024 | micro format | 29-04-2025 | 2025-00079695 |
| 30-09-2023 | abbreviated format | 20-03-2024 | 2024-00046330 |
| 30-09-2022 | abbreviated format | 28-03-2023 | 2023-00046821 |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09800148 |
| 30-09-2020 | abbreviated format | 29-03-2021 | 2021-09000579 |
| 30-09-2019 | abbreviated format | 09-04-2020 | 2020-09000287 |
| 30-09-2018 | abbreviated format | 25-03-2019 | 2019-07900594 |
| 30-09-2017 | abbreviated format | 09-02-2018 | 2018-04800371 |
| 30-09-2016 | abbreviated format | 22-12-2016 | 2016-71600557 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MEYEN, Hilde Rita Evi |
|
| REYNDERS, Philip |
|
Owners and capital
Owners
2 ownersOwners 2
- Hilde Meynennatural personSourceown accounts 30-09-201950%
- Philip Reyndersnatural personSourceown accounts 30-09-201950%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 27-03-2024 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
27-03
Gazette deed
Resignations: REYNDERS, Philip (manager) and MEYEN, Hilde Rita Evi (manager)Reappointments: REYNDERS, Philip (director) and MEYEN, Hilde Rita Evi (director) · Amendment of the articles · Capital conversion14 facts ▸
- General meeting, 19-03-2024
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, 19-03-2024
- Purpose change
- Amendment of the articles, 3
- Director resignation, REYNDERS, Philip (manager)
- Director reappointment, REYNDERS, Philip (director (not named in the articles))
- Director resignation, MEYEN, Hilde Rita Evi (manager)
- Director reappointment, MEYEN, Hilde Rita Evi (director (not named in the articles))
- Registered office clause, “Korspelsesteenweg 197, VIJFDE BESLUIT” (deed in Dutch)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71005B1011/00A002 | Flanders | 1,290 m² | 1 · 214 m² | 8.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Beheer van onroerend goed voor eigen rekening en voor rekening van derden; Holdingactiviteiten; Borgstellingen voor andere vennootschappen…” (deed in Dutch)
18 activities (deed in Dutch)
- Beheer van onroerend goed voor eigen rekening en voor rekening van derden
- Holdingactiviteiten
- Borgstellingen voor andere vennootschappen
- Managementactiviteiten
- Tussenpersoon in de handel
- Commissionair
- Handelsvertegenwoordiger
- Consultancy
- Bedrijfsbegeleiding
- Coaching
- Organisatie van evenementen, team-building sessies
- Uitbaten van een horeca-etablissement voor eigen rekening en voor rekening van derden
- Fotografie
- Redder (zwembad)
- Social media consulting
- Schoonheidsverzorging
- Retail management
- Ontwerpen, handel in en productie van meubilair
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Be-CREATE
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of March at 18:00