CM-ECREATE

Active

Private limited companyfounded 20169 yrs activeTervurenlaan 402, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0666.930.329

CM-ECREATE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €62k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 1983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

53 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▼-9

Solvency25▼-8

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 90

Relative position

BE, all sectors

reference

Sector 90

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

0.5%

Return on assets

Age of the figures

12 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1983 sector peers (2025).

NBB · sector comparison

Position among 1983 sector peers

Solvency

better than 17%

← weakest strongest →

Filed after the deadline

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 6 filings

Deviation from the deadline

2025

29 d late

2024

16 d late

2023

27 d late

2022

31 d late

2021

25 d late

2020

32 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

19-09-2026 today30-09-2026 close30-04-2027 deadline

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 2025, micro schema

Equity

€5k▼ 93.8%

2024 · €80k

2020: €77k 2021: €119k 2022: €131k 2023: €168k 2024: €80k

2020 → 2025

Total assets

€1.04M▲ 2.1%

2024 · €1.02M

2020: €157k 2021: €216k 2022: €239k 2023: €782k 2024: €1.02M

2020 → 2025

Net result

€62k▼ 54.1%

2024 · €136k

2020: €56k 2021: €37k 2022: €12k 2023: €38k 2024: €136k

2020 → 2025

Working capital

€-282k▼ 133%

2024 · €-121k

2020: €54k 2021: €89k 2022: €97k 2023: €95k 2024: €-121k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€119k-€131k▲ 10.3%€168k▲ 28.7%€80k▼ 52.4%€5k▼ 93.8%

Operating result€50k-€20k▼ 59.7%€55k▲ 172%€199k▲ 260%€105k▼ 47.2%

Net result€37k-€12k▼ 66.9%€38k▲ 208%€136k▲ 263%€62k▼ 54.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 47% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.04M

70.0%

30.0%

Fixed assets €731k▲ 22.0%

Current assets €314k▼ 25.9%

Equity and liabilities €1.04M

99.5%

Equity €5k▼ 93.8%

Debt €1.04M▲ 10.3%

The debt ratio rises from 92.2% to 99.5%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€163k▼

2024 · €236k

Cash flow

€120k▼

2024 · €173k

Solvency

0.5%▼

2024 · 7.8%

Current ratio

0.53▼

2024 · 0.78

Quick ratio

0.51▼

2024 · 0.78

ROA

6.0%▼

2024 · 13.3%

Interest coverage

7.92▼

2024 · 12.62

Debt

€1.04M▲

2024 · €943k

Debt ≤ 1 year

€596k▲

2024 · €545k

Debt > 1 year

€444k▲

2024 · €394k

Income taxes

€23k▼

2024 · €47k

Staff costs

€315k▲

2024 · €229k

A ratio outside any meaningful range has been withheld (balance sheet total €1.04M, equity €5k).

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.02M€1.04M▲

Fixed assets21/28€599k€731k▲

Intangible fixed assets21€11k€8k▼

Tangible fixed assets22/27€582k€705k▲

Land and buildings22€521k€643k▲

Plant, machinery and equipment23€17k€16k▼

Furniture and vehicles24€33k€35k▲

Other tangible fixed assets26€11k€11k▼

Financial fixed assets28€6k€18k▲

Current assets29/58€424k€314k▼

Stocks and contracts in progress3-€10k

Stocks30/36-€10k

Amounts receivable within one year40/41€172k€230k▲

Trade receivables40€172k€222k▲

Other amounts receivable41-€9k

Current investments50/53€30k€15k▼

Cash at bank and in hand54/58€203k€44k▼

Deferred charges and accrued income490/1€18k€14k▼

Equity and liabilities

Total equity and liabilities10/49€1.02M€1.04M▲

Equity10/15€80k€5k▼

Contributions10/11€5k€5k=

Outside capital11€5k€5k=

Other1109/19€5k€5k=

Reserves13€48k-

Distributable reserves133€48k-

Profit (loss) carried forward14€27k-

Amounts payable17/49€943k€1.04M▲

Amounts payable after more than one year17€394k€444k▲

Financial debts170/4€394k€444k▲

Amounts payable within one year42/48€545k€596k▲

Current portion of amounts payable after more than one year42€21k€29k▲

Financial debts43€53-

Credit institutions430/8€53-

Trade debts44€70k€112k▲

Suppliers440/4€70k€112k▲

Taxes, remuneration and social security45€155k€108k▼

Taxes450/3€120k€55k▼

Remuneration and social security454/9€35k€53k▲

Other amounts payable47/48€299k€347k▲

Accrued charges and deferred income492/3€3k-

Income statement Code20242025

Remuneration, social security and pensions62€229k€315k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€58k▲

Other operating charges640/8€6k€2k▼

Gross operating margin9900€471k€480k▲

Operating profit (loss)9901€199k€105k▼

Financial income75/76B€3k€685▼

Recurring financial income75€3k€685▼

Financial charges65/66B€19k€21k▲

Recurring financial charges65€19k€21k▲

Profit (loss) for the period before taxes9903€183k€85k▼

Income taxes67/77€47k€23k▼

Profit (loss) for the period9904€136k€62k▼

Profit (loss) for the period to be appropriated9905€136k€62k▼

Appropriation of the result

Profit (loss) to be appropriated9906€237k€89k▼

Profit (loss) brought forward from the previous period14P€101k€27k▼

Transfer from equity791/2€14k€48k▲

Profit to be distributed694/7€224k€138k▼

Return on contributions (dividend)694€224k€138k▼

The notes to these accounts (12 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

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 30-04-2027

2026

29-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 29 days late

2025

16-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 16 days late

2024

30-09

Financial Highest result since 2020net €136k ▲263%

Operating result €199k, net result €136k, both a record.

27-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

2023

30-09

Financial Equity above €150kEq €168k ▲28.7%

4 profitable years in a row build equity to €168k.

31-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

30-09

Financial Weakest financial yearnet €12k ▼66.9%

Net result drops to €12k, the lowest in the series; recovery starts the following year.

25-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 25 days late

2021

30-09

Financial Equity above €100kEq €119k ▲53.2%

2 profitable years in a row build equity to €119k.

01-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 32 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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-Pieters-Woluwe · 2 establishment units since 2016

establishment All 2 establishment units 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.

Tervurenlaan 4021150 Sint-Pieters-Woluwe

Ground area

5,089 m²

Building footprint

896 m²

Volume, LiDAR

10,866 m³

3 parcels, Brussels · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.

2 establishment units

MILKYWAYSBLUEYES

Sint-Michielslaan 9, 1150 Sint-Pieters-WoluweAgents specialised in the wholesale of other particular products

since 20162.259.352.011

CM-ECREATE

Blanchestraat 32, 1060 Sint-Gillis (bij-Brussel)Printing and reproduction of recorded media

since 20232.356.804.446

3 parcels

Brussels 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21682C0142/00A004	Brussels	4,483 m²	1 · 617 m²	18.7 m · 3 fl.
21013B0041/00Y004	Brussels	369 m²	1 · 167 m²	20.4 m · 6 fl.
21362B0275/00L004	Brussels	236 m²	1 · 112 m²	24.9 m · 7 fl.