CreaSearch
ActiveSummary
CreaSearch has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295,218 and a net result of -€5,054. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 87% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▲+11
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 9.52 against 14.46 in 2024; short-term debt: 10.5% and cash: 1% of total assets), and 11.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,054
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 8 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
75 d early
2022
28 d late
2021
31 d late
2020
66 d early
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€99,000
EBIT margin
-25.7%
Net result
-€5,054▲ 80.2%
2024 · -€25,510
Working capital
€296,644▼ 2.2%
2024 · €303,200
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€99,000
Operating result€182,553▲ 83.2%€216,654▲ 18.7%€246,277▲ 13.7%-€25,486-€15,056▲ 40.9%
Net result€162,138above the sector's middle half▲ 79.1%€185,807above the sector's middle half▲ 14.6%€233,720above the sector's middle half▲ 25.8%-€25,510below the sector's middle half-€5,054below the sector's middle half▲ 80.2%
EBIT margin-25.7%
Equity€376,807above the sector's middle half▲ 75.5%€562,615above the sector's middle half▲ 49.3%€796,334above the sector's middle half▲ 41.5%€300,272above the sector's middle half▼ 62.3%€295,218above the sector's middle half▼ 1.7%
Total assets€469,705above the sector's middle half▲ 50.8%€639,171above the sector's middle half▲ 36.1%€926,332above the sector's middle half▲ 44.9%€326,843within the sector's middle half▼ 64.7%€332,231above the sector's middle half▲ 1.6%
Debt€92,898▼ 4.0%€76,556▼ 17.6%€129,998▲ 69.8%€26,572▼ 79.6%€37,013▲ 39.3%
Working capital€373,972▲ 75.7%€556,082▲ 48.7%€794,663▲ 42.9%€303,200▼ 61.8%€296,644▼ 2.2%
Solvency80.2%above the sector's middle half▲ 11.3pp88.0%above the sector's middle half▲ 7.8pp86.0%above the sector's middle half▼ 2.1pp91.9%above the sector's middle half▲ 5.9pp88.9%above the sector's middle half▼ 3.0pp
Staff (FTE)2=2=2=0.6▼ 70.0%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
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 €15,056 in 2025 against €25,486 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332,231
Fixed assets
€772 ▼ 31.2%
Current assets
€331,459 ▲ 1.8%
Equity and liabilities €332,231
Equity
€295,218 ▼ 1.7%
Debt
€37,013 ▲ 39.3%
Debt's share of the balance-sheet total rises from 8.1% to 11.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€14,506▲
2024 · -€24,936
Cash flow
-€4,504▲
2024 · -€24,961
Current ratio
9.52▼
2024 · 14.46
Debt to equity
0.13▲
2024 · 0.09
ROE
-1.7%▲
2024 · -8.5%
ROA
-1.5%▲
2024 · -7.8%
Interest coverage
-9.65▲
2024 · -37.73
Debt ≤ 1 year
€34,815▲
2024 · €22,522
Staff costs
-€95▼
2024 · €94,636
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,440 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.4%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,440 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €99,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €31,338 | €14,252 | ▼ 54.5% |
| Remuneration, social security and pensions62 | €121,949 | €141,890 | €149,014 | €94,636 | -€95 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €578 | €687 | €919 | €550 | €550 | = |
| Other operating charges640/8 | €7,093 | - | - | €387 | €3,085 | ▲ 696% |
| Gross operating margin9900 | €312,173 | €359,231 | €396,210 | €70,088 | -€11,516 | ▼ 116% |
| Operating profit (loss)9901 | €182,553 | €216,654 | €246,277 | -€25,486 | -€15,056 | ▲ 40.9% |
| Financial income75/76B | - | €20 | €1,187 | €636 | €11,506 | ▲ 1,708% |
| Recurring financial income75 | - | €20 | €1,187 | €636 | €11,506 | ▲ 1,708% |
| Financial charges65/66B | €9 | €230 | €770 | €661 | €1,504 | ▲ 127% |
| Recurring financial charges65 | €9 | €230 | €770 | €661 | €1,504 | ▲ 127% |
| Profit (loss) for the period before taxes9903 | €182,543 | €216,443 | €246,694 | -€25,510 | -€5,054 | ▲ 80.2% |
| Income taxes67/77 | €20,405 | €30,636 | €12,974 | - | - | - |
| Profit (loss) for the period9904 | €162,138 | €185,807 | €233,720 | -€25,510 | -€5,054 | ▲ 80.2% |
| Profit (loss) for the period to be appropriated9905 | €162,138 | €185,807 | €233,720 | -€25,510 | -€5,054 | ▲ 80.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469,705 | €639,171 | €926,332 | €326,843 | €332,231 | ▲ 1.6% |
| Fixed assets21/28 | €2,836 | €6,532 | €1,671 | €1,122 | €772 | ▼ 31.2% |
| Tangible fixed assets22/27 | €2,119 | €1,432 | €1,671 | €1,122 | €572 | ▼ 49.0% |
| Plant, machinery and equipment23 | €2,119 | €1,432 | €1,671 | €1,122 | €572 | ▼ 49.0% |
| Financial fixed assets28 | €716 | €5,100 | - | - | €200 | - |
| Current assets29/58 | €466,869 | €632,639 | €924,661 | €325,722 | €331,459 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €182,840 | €202,394 | €309,740 | €302,668 | €328,155 | ▲ 8.4% |
| Trade receivables40 | €182,840 | €202,394 | €284,215 | €21,265 | €2,622 | ▼ 87.7% |
| Other amounts receivable41 | - | - | €25,526 | €281,404 | €325,532 | ▲ 15.7% |
| Current investments50/53 | - | - | €99,000 | - | - | - |
| Cash at bank and in hand54/58 | €281,835 | €427,587 | €511,149 | €21,918 | €3,180 | ▼ 85.5% |
| Deferred charges and accrued income490/1 | €2,194 | €2,658 | €4,771 | €1,135 | €124 | ▼ 89.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469,705 | €639,171 | €926,332 | €326,843 | €332,231 | ▲ 1.6% |
| Equity10/15 | €376,807 | €562,615 | €796,334 | €300,272 | €295,218 | ▼ 1.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €364,407 | €550,215 | €550,215 | €79,662 | €79,662 | = |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €362,547 | €550,215 | €550,215 | €79,662 | €79,662 | = |
| Profit (loss) carried forward14 | - | - | €233,720 | €208,210 | €203,156 | ▼ 2.4% |
| Amounts payable17/49 | €92,898 | €76,556 | €129,998 | €26,572 | €37,013 | ▲ 39.3% |
| Amounts payable within one year42/48 | €92,898 | €76,556 | €129,998 | €22,522 | €34,815 | ▲ 54.6% |
| Current portion of amounts payable after more than one year42 | €16,958 | €18,458 | €21,958 | - | - | - |
| Financial debts43 | - | - | - | €21,599 | €4,753 | ▼ 78.0% |
| Credit institutions430/8 | - | - | - | €21,599 | €4,753 | ▼ 78.0% |
| Trade debts44 | €40,735 | €13,367 | €15,950 | - | €120 | - |
| Suppliers440/4 | €40,735 | €13,367 | €15,950 | - | €120 | - |
| Taxes, remuneration and social security45 | €26,530 | €34,925 | €85,538 | €923 | - | - |
| Taxes450/3 | €11,075 | €17,343 | €63,966 | €923 | - | - |
| Remuneration and social security454/9 | €15,455 | €17,582 | €21,572 | - | - | - |
| Other amounts payable47/48 | €8,675 | €9,806 | €6,551 | - | €29,942 | - |
| Accrued charges and deferred income492/3 | - | - | - | €4,050 | €2,198 | ▼ 45.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €162,138 | €185,807 | €233,720 | -€25,510 | -€5,054 | ▲ 80.2% |
| + Depreciation and write-downs630 | €578 | €687 | €919 | €550 | €550 | = |
| Operating cash flow (approximation) | €162,717 | €186,494 | €234,639 | -€24,961 | -€4,504 | ▲ 82.0% |
| Investment in fixed assets (approximation) | - | -€4,384 | €3,942 | €0 | -€200 | - |
| Change in cash | - | €145,752 | €83,563 | -€489,231 | -€18,738 | ▲ 96.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Registered officeRegistered-office move · Statutes amendment · Capital8 facts ▸
State Gazette act
Registered office
Registered-office move · Statutes amendment · Capital8 facts ▸
- General meeting, 03-09-2026
- Registered-office move, Avenue Louise 231, 1050 Ixelles
- Other statement, modification du régime linguistique, français
- Statutes amendment
- Capital
- Declaration, société n'a pas d'adresse électronique, website and email
- Power of attorney
- Power of attorney, Rodolphe DELMEE
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€25,510
Net result drops to -€25,510, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 14.46
Current ratio from 7.11 to 14.46; short-term debt falls from €129,998 to €22,522.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €233,720 ▲25.8%
Operating result €246,277, net result €233,720, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Equity above €500,000Eq €562,615 ▲49.3%
5 profitable years in a row build equity to €562,615.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €214,669 ▲72.9%
3 profitable years in a row build equity to €214,669.
Show earlier events
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-12
Financial
Equity above €100,000Eq €124,159 ▲101%
2 profitable years in a row build equity to €124,159.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2018
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
564
companies at this address
See who is registered here
1 establishment unit
CreaSearch
since 20182.272.636.358
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
Each director alone
Annual meeting
Third Thursday of May at 19:00
Duration
Unlimited
Purpose
Le développement de produits et de procédés pour les industries non alimentaires. Ce service peut être fourni par le biais de conseils techniques (consulting) à des clients directs…
Full purpose (5 activities)
- Le développement de produits et de procédés pour les industries non alimentaires. Ce service peut être fourni par le biais de conseils techniques (consulting) à des clients directs ou à des distributeurs, ou par le biais de ses propres recherches, menées dans ses laboratoires ou en collaboration avec des partenaires externes, à des clients directs ou à des distributeurs. Les applications non alimentaires dans lesquelles CreaSearch est active sont les suivantes : cosmétiques, détergents, latex, peintures et revêtements, et autres applications du même secteur.
- Coopérer avec d'autres entreprises, participer à leurs activités ou y acquérir, directement ou indirectement, des participations
- Se porter garante de ses propres obligations ainsi que de celles de tiers, notamment en hypothéquant ou en nantissant ses actifs, y compris son propre fonds de commerce
- Exercer les fonctions d'administrateur, de mandataire, de mandataire ou de liquidateur au sein d'autres sociétés ou entreprises
- Effectuer toutes les transactions commerciales, industrielles, financières, mobilières ou immobilières directement ou indirectement liées à son objet social ou qui seraient de nature à en faciliter la réalisation en tout ou en partie
Legal form clause
CreaSearch
Registered office clause
Région Bruxelloise, sièges administratifs, sièges d’exploitation, sièges commerciaux, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger
Share issue rule
L’organe d’administration peut décider seul des appels de fonds à charge des actionnaires, pour autant que ceux-ci soient traités de manière égale, l’organe d’a…
Portés à la connaissance des actionnaires par courrier électronique, ou, pour les personnes dont elle ne dispose pas d’une adresse électronique, par courrier or…
Share class
Les titulaires d’actions peuvent prendre connaissance de ce registre relatif à leurs titres, nominatives
Other statement
Article 9. Indivisibilité des titres
Exercice des droits en cas de décès de l'actionnaire unique, Les droits sont exercés par les héritiers et légataires régulièrement saisis ou envoyés en possessi…
Assemblée générale électronique, Les actionnaires peuvent participer à distance via un moyen de communication électronique. Ils sont réputés présents pour les c…
Paragraphes précédents s'appliquent aux porteurs d'obligations convertibles, de droits de souscription et de certificats émis avec la collaboration de la sociét…
Article 19. Admission à l’assemblée générale
Article 20. Séances – procès-verbaux
Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le représenter à l'assemblé…
Article 22. Prorogation
Article 23. Pouvoirs de l’assemblée générale
Article 25. Répartition – réserves
Election of domicile, toutes communications, sommations, assignations, significations peuvent lui être valablement faites s'il n'a pas élu un autre domicile en…
Article 30. Compétence judiciaire
Article 31. Droit commun
1 more provision on this in the deed
Transfer restriction
Article 10. Cession d’actions
Board rule
Article 11. Organe d’administration
Article 12. Pouvoirs d’administration
Rémunération des administrateurs, L'assemblée générale décide si le mandat est gratuit ou rémunéré. Si rémunéré, l'assemblée (majorité absolue) ou l'actionnaire…
Gestion journalière, L'organe d'administration peut déléguer la gestion journalière et la représentation y afférente à un ou plusieurs de ses membres (administr…
1 more provision on this in the deed
Auditor rule
Contrôle de la société, Lorsque la loi l'exige, le contrôle est assuré par un ou plusieurs Commissaires, nommés pour trois ans et rééligibles.
Meeting notice
E-mails envoyés quinze (15) jours au moins avant l'assemblée, toute personne peut renoncer à la convocation et est considérée comme régulièrement convoquée si e…
Dissolution rule
En tout temps, décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts
Liquidation rule
Article 27. Liquidateurs
Liquidation distribution
Biens conservés remis aux actionnaires pour être partagés dans la même proportion, actif net est réparti entre tous les actionnaires en proportion de leurs acti…
Structure & network
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Capital over the years
- 14-09-2026 Capital stated in the act · 100 shares
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 4,844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0689537168
Also
9925:BE0689537168
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.