CREASYS
ActiveCREASYS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-4k. Equity is shrinking by ~39% per year across the filed fiscal years. Its solvency ranks better than 5% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-23
Solvency19▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.99 in 2024; short-term debt: 105.7% and cash: 0.1% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-5.7%
Return on assets
-8.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
31 d early
2023
36 d early
2022
90 d early
2021
82 d early
2020
158 d early
2019
143 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k
2024 · €1k
2018: €3k
2019: €-230
2020: €-5k
2021: €-2k
2022: €-5k
2023: €-6k
2024: €1k
2018 → 2025
Working capital
€-8k▼ 1,715%
2024 · €-416
2018: €4k
2019: €9k
2020: €6k
2021: €5k
2022: €1k
2023: €-3k
2024: €-416
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€6k▼ 47.1%€131▼ 97.8%€1k▲ 872%€-2k
Operating result€730-€-3k€-3k▼ 12.6%€4k€-794
Net result€-2k-€-5k▼ 126%€-6k▼ 9.8%€1k€-4k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €794 after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€5k=
Current assets
€34k▼ 11.0%
Key figures and ratios
Solvency
-5.7%▼
2024 · 2.9%
Current ratio
0.82▼
2024 · 0.99
Quick ratio
0.51▼
2024 · 0.65
Debt / equity
-18.54▼
2024 · 33.30
ROA
-8.9%▼
2024 · 2.6%
Debt
€42k▼
2024 · €42k
Debt ≤ 1 year
€42k▲
2024 · €39k
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€44k€39k▼
Fixed assets21/28€5k€5k=
Intangible fixed assets21€5k€5k=
Financial fixed assets28€300€300=
Current assets29/58€38k€34k▼
Stocks and contracts in progress3€13k€13k=
Stocks30/36€13k€13k=
Amounts receivable within one year40/41€25k€21k▼
Trade receivables40€22k€21k▼
Other amounts receivable41€3k€280▼
Current investments50/53€612-
Cash at bank and in hand54/58-€41
Equity and liabilities
Total equity and liabilities10/49€44k€39k▼
Equity10/15€1k€-2k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€460€460=
Non-distributable reserves130/1€460€460=
Legal reserve130€460€460=
Profit (loss) carried forward14€-19k€-23k▼
Amounts payable17/49€42k€42k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€39k€42k▲
Financial debts43€14k€15k▲
Credit institutions430/8€14k€15k▲
Trade debts44-€2k
Suppliers440/4-€2k
Other amounts payable47/48€25k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Gross operating margin9900€5k€-794▼
Operating profit (loss)9901€4k€-794▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€1k€-4k▼
Profit (loss) for the period9904€1k€-4k▼
Profit (loss) for the period to be appropriated9905€1k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-23k▼
Profit (loss) brought forward from the previous period14P€-20k€-19k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 5 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Etterbeek · 1 establishment unit since 2011
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.
Sint-Michielslaan 471040 EtterbeekGround area
1,716 m²
Building footprint
774 m²
Volume, LiDAR
6,406 m³
2 parcels, Brussels, Wallonia · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MODERN DISPLAYS
since 20112.197.565.781
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N0025/00M000 | Wallonia | 1,273 m² | 1 · 553 m² | 6.7 m · 2 fl. |
| 21362B0285/00R002 | Brussels | 443 m² | 1 · 221 m² | 20.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 757 companies in sector 13300 we hold annual accounts for 160. 21 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2011
Fiscal year end31-12
Activities, NACEBEL
13300Finishing of textiles
18120Other printing
18130Pre-press and pre-media services
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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
1 entryE-mail:contact@moderndisplays.eu