CB CREATIVE SOLUTIONS
Dissolved and wound up on 19-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 07-06-2026 PDF all 10 filings
Equity
-€21,702▼ 189%
2024 · -€7,514
Total assets
€47,474▼ 62.4%
2024 · €126,198
Net result
-€14,187▼ 126%
2024 · -€6,265
Working capital
€46,226▲ 28×
2024 · €1,681
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€12,485
▼ 196%
2025
20182025
Net result
-€14,187
▼ 126%
2025
20182025
Equity
-€21,702
▼ 189%
2025
20182025
Total assets
€47,474
▼ 62.4%
2025
20182025
Debt
€69,176
▼ 48.3%
2025
20182025
Working capital
€46,226
▲ 28×
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€3,616--€12,448-€2,435▲ 80.4%-€12,658▼ 420%€1,336€39,869▲ 30×-€4,212-€12,485▼ 196%
Net result-€2,687--€18,611▼ 593%-€7,992▲ 57.1%-€17,907▼ 124%-€3,482▲ 80.6%€45,132-€6,265-€14,187▼ 126%
Equity€1,611--€17,000-€24,992▼ 47.0%-€42,899▼ 71.7%-€46,381▼ 8.1%-€1,250▲ 97.3%-€7,514▼ 501%-€21,702▼ 189%
Total assets€279,501-€249,361▼ 10.8%€226,423▼ 9.2%€179,406▼ 20.8%€186,231▲ 3.8%€142,685▼ 23.4%€126,198▼ 11.6%€47,474▼ 62.4%
Debt€277,890-€266,361▼ 4.1%€251,415▼ 5.6%€222,305▼ 11.6%€232,612▲ 4.6%€143,935▼ 38.1%€133,713▼ 7.1%€69,176▼ 48.3%
Working capital€15,691--€32€20,245€160▼ 99.2%-€3,594€6,723€1,681▼ 75.0%€46,226▲ 28×
Staff (FTE)21-18.9▼ 10.0%19▲ 0.5%29.9▲ 57.4%26▼ 13.0%10.5▼ 59.6%
The operating result for 2025 is a loss of €12,485, larger than the loss of €4,212 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
EBITDA
-€12,485▼
2024 · €5,035
Cash flow
-€14,187▼
2024 · €2,982
Solvency
-45.7%▼
2024 · -6.0%
Current ratio
38.03▲
2024 · 1.12
ROA
-29.9%▼
2024 · -5.0%
Interest coverage
-8.00▼
2024 · 2.63
Debt ≤ 1 year
€1,248▼
2024 · €13,843
Debt > 1 year
€63,000▼
2024 · €119,870
Income taxes
€141▲
2024 · €140
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 28 | 28 | - |
| full-time | 2 | 2 | - |
| part-time | 26 | 26 | - |
| in full-time equivalents | 17.3 | 18.2 | - |
| Average over the year, in full-time equivalents | 19.4 | 18 | 7.5 |
| On a permanent contract | 28 | 28 | - |
| Joined | 2 | 2 | 1 |
| Left | 6 | 2 | 29 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €479,904 awarded · €478,364 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2024 | 1 | -€775 | €0 |
| 2023 | 2 | €149,035 | €147,918 |
| 2022 | 2 | €331,644 | €330,446 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €462,550 | €456,873 | €179,750 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,548 | €19,322 | €14,055 | €11,407 | €10,566 | €9,851 | €9,247 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €971 | €1,227 | €537 | €650 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | €263 | - | - | €10,296 | - |
| Gross operating margin9900 | €560,727 | €529,666 | €407,027 | €462,269 | €470,265 | €230,007 | €5,685 | -€2,189 | - |
| Operating profit (loss)9901 | €3,616 | -€12,448 | -€2,435 | -€12,658 | €1,336 | €39,869 | -€4,212 | -€12,485 | ▼ 196% |
| Financial income75/76B | - | - | - | €0 | €5 | €9,000 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €5 | €9,000 | €0 | - | - |
| Financial charges65/66B | - | - | - | €5,249 | €4,823 | €2,962 | €1,913 | €1,562 | ▼ 18.4% |
| Recurring financial charges65 | €6,303 | €6,163 | €5,558 | €5,249 | €4,823 | €2,962 | €1,913 | €1,562 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | -€2,687 | -€18,611 | -€7,992 | -€17,907 | -€3,482 | €45,907 | -€6,125 | -€14,046 | ▼ 129% |
| Income taxes67/77 | - | - | - | - | - | €775 | €140 | €141 | ▲ 1.0% |
| Profit (loss) for the period9904 | -€2,687 | -€18,611 | -€7,992 | -€17,907 | -€3,482 | €45,132 | -€6,265 | -€14,187 | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | €459 | -€18,611 | -€7,992 | -€17,907 | -€3,482 | €45,132 | -€6,265 | -€14,187 | ▼ 126% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €279,501 | €249,361 | €226,423 | €179,406 | €186,231 | €142,685 | €126,198 | €47,474 | ▼ 62.4% |
| Fixed assets21/28 | €210,386 | €191,063 | €152,009 | €140,602 | €129,773 | €119,921 | €110,675 | €0 | ▼ 100% |
| Intangible fixed assets21 | €2,856 | €2,142 | €1,428 | €714 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €182,530 | €163,922 | €150,581 | €139,888 | €129,773 | €119,921 | €110,675 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €136,250 | €127,501 | €118,400 | €109,533 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €1,044 | €369 | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €2,594 | €1,902 | €1,522 | €1,141 | €0 | ▼ 100% |
| Financial fixed assets28 | €25,000 | €25,000 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €69,116 | €58,297 | €74,415 | €38,804 | €56,459 | €22,764 | €15,524 | €47,474 | ▲ 206% |
| Amounts receivable within one year40/41 | €43,283 | €31,302 | €41,237 | €21,214 | €19,475 | €0 | - | - | - |
| Trade receivables40 | - | - | - | €2,805 | €0 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €18,409 | €19,475 | - | - | - | - |
| Cash at bank and in hand54/58 | €24,076 | €24,835 | €31,692 | €14,536 | €34,129 | €22,764 | €15,327 | €47,474 | ▲ 210% |
| Deferred charges and accrued income490/1 | - | - | - | €3,053 | €2,854 | €0 | €197 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €279,501 | €249,361 | €226,423 | €179,406 | €186,231 | €142,685 | €126,198 | €47,474 | ▼ 62.4% |
| Equity10/15 | €1,611 | -€17,000 | -€24,992 | -€42,899 | -€46,381 | -€1,250 | -€7,514 | -€21,702 | ▼ 189% |
| Contributions10/11 | €25,000 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€23,389 | -€42,000 | -€49,992 | -€67,899 | -€71,381 | -€26,250 | -€32,514 | -€46,702 | ▼ 43.6% |
| Amounts payable17/49 | €277,890 | €266,361 | €251,415 | €222,305 | €232,612 | €143,935 | €133,713 | €69,176 | ▼ 48.3% |
| Amounts payable after more than one year17 | €221,465 | €203,531 | €191,245 | €174,961 | €163,559 | €127,894 | €119,870 | €63,000 | ▼ 47.4% |
| Financial debts170/4 | - | - | - | €111,961 | €100,559 | €64,894 | €56,870 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Amounts payable within one year42/48 | €53,425 | €58,329 | €54,170 | €38,644 | €60,053 | €16,040 | €13,843 | €1,248 | ▼ 91.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,285 | €11,401 | €7,815 | €8,025 | €0 | ▼ 100% |
| Trade debts44 | €2,970 | €1,887 | €5,793 | €13,652 | €25,647 | €2,311 | €1,324 | €847 | ▼ 36.0% |
| Suppliers440/4 | - | - | - | €13,652 | €25,647 | €2,311 | €1,324 | €847 | ▼ 36.0% |
| Taxes, remuneration and social security45 | - | - | - | €10,026 | €21,082 | €1,346 | €1,486 | €280 | ▼ 81.1% |
| Taxes450/3 | - | - | - | - | - | €775 | €915 | €280 | ▼ 69.4% |
| Remuneration and social security454/9 | - | - | - | €10,026 | €21,082 | €571 | €571 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €681 | €1,923 | €4,568 | €3,008 | €121 | ▼ 96.0% |
| Accrued charges and deferred income492/3 | - | - | - | €8,700 | €9,000 | €0 | - | €4,928 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,687 | -€18,611 | -€7,992 | -€17,907 | -€3,482 | €45,132 | -€6,265 | -€14,187 | ▼ 126% |
| + Depreciation and write-downs630 | €19,548 | €19,322 | €14,055 | €11,407 | €10,566 | €9,851 | €9,247 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €16,861 | €711 | €6,063 | -€6,500 | €7,084 | €54,983 | €2,982 | -€14,187 | - |
| Investment in fixed assets (approximation) | - | €0 | €25,000 | €0 | €263 | €0 | €0 | €110,675 | - |
| Change in cash | - | €759 | €6,857 | -€17,156 | €19,593 | -€11,366 | -€7,437 | €32,147 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-06-2026 | 2026-00155904 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00330008 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00331158 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00147450 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20142933 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62500112 | |
| 31-12-2019 | micro format | 13-07-2020 | 2020-29600527 | |
| 31-12-2018 | micro format | 25-06-2019 | 2019-22500543 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-51900278 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-58000530 |