Black Creek
ActiveBlack Creek has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €-33k. Equity is shrinking by ~21.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 29% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-59
Solvency57▼-43
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 16.31 in 2023; short-term debt: 68% and cash: 34.7% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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 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 2024Solvency, return and age of the figures
Solvency
32%
Return on assets
-19.2%
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 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
27 d early
2022
20 d early
2021
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€55k▼ 72.2%
2023 · €198k
2021: €226k
2022: €197k
2023: €198k
2021 → 2024
Total assets
€172k▼ 18.5%
2023 · €211k
2021: €361k
2022: €310k
2023: €211k
2021 → 2024
Net result
€-33k
2023 · €2k
2021: €221k
2022: €-29k
2023: €2k
2021 → 2024
Working capital
€48k▼ 74.5%
2023 · €189k
2021: €251k
2022: €193k
2023: €189k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€226k-€197k▼ 12.9%€198k▲ 0.8%€55k▼ 72.2%
Operating result€289k-€-31k€-389▲ 98.7%€-34k▼ 8,743%
Net result€221k-€-29k€2k€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2024 against €389 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172k
Fixed assets
€7k▼ 27.9%
Current assets
€165k▼ 18.1%
Equity and liabilities €172k
Equity
€55k▼ 72.2%
Debt
€117k▲ 815%
The debt ratio rises from 6.1% to 68.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-32k▼
2023 · €3k
Cash flow
€-30k▼
2023 · €5k
Solvency
32.0%▼
2023 · 93.9%
Current ratio
1.41▼
2023 · 16.31
Quick ratio
1.41▼
2023 · 16.31
Debt / equity
2.12▲
2023 · 0.06
ROE
-60.0%▼
2023 · 0.8%
ROA
-19.2%▼
2023 · 0.7%
Interest coverage
-151.32▼
2023 · 4.69
Debt
€117k▲
2023 · €13k
Debt ≤ 1 year
€117k▲
2023 · €12k
Income taxes
€202▲
2023 · €199
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€211k€172k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€201k€165k▼
Amounts receivable after more than one year29€86k€91k▲
Other amounts receivable291€86k€91k▲
Amounts receivable within one year40/41€1k€12k▲
Trade receivables40-€12k
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€110k€60k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€211k€172k▼
Equity10/15€198k€55k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€193k€50k▼
Amounts payable17/49€13k€117k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€12k€117k▲
Current portion of amounts payable after more than one year42€9k€0▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€199€6k▲
Taxes450/3€199€6k▲
Other amounts payable47/48€104€110k▲
Accrued charges and deferred income492/3€410€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€4k€-31k▼
Operating profit (loss)9901€-389€-34k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€597€210▼
Recurring financial charges65€597€210▼
Profit (loss) for the period before taxes9903€2k€-33k▼
Income taxes67/77€199€202▲
Profit (loss) for the period9904€2k€-33k▼
Profit (loss) for the period to be appropriated9905€2k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€160k▼
Profit (loss) brought forward from the previous period14P€192k€193k▲
Profit to be distributed694/7-€110k
Return on contributions (dividend)694-€110k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-33k ▼2279%
Net result drops to €-33k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 16.31
Current ratio from 2.85 to 16.31; short-term debt falls from €104k to €12k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2020
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.
Spieveldstraat 649100 Sint-NiklaasGround area
789 m²
Building footprint
141 m²
Parcel 46021A0388/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Black Creek
since 20202.308.294.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0388/00C000 | Flanders | 789 m² | 1 · 141 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 13,650 EUR awarded · 13,650 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 6,825 EUR | 6,825 EUR |
| 2022 | 1 | 6,825 EUR | 6,825 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 38,559 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:filipweyers@telenet.be
Phone:0499148565