CREAT'OR LINE
ActiveSummary
CREAT'OR LINE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,202 and a net result of €17,585. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+22
Solvency83▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.23 in 2024; short-term debt: 35% and cash: 7% of total assets), and 42.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.5%
Return on assets
22.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
238 d late
2022
30 d late
2021
58 d late
2020
25 d late
2019
91 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 71 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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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Financials · fiscal year 2025, abbreviated schema
Equity
€44,202▲ 66.1%
2024 · €26,617
Total assets
€76,865▲ 49.8%
2024 · €51,306
Net result
€17,585▲ 630%
2024 · €2,409
Working capital
€34,955▲ 84.8%
2024 · €18,912
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Operating result€18,185▲ 20.3%-€2,137-€5,983▼ 180%€3,956€22,916▲ 479%
Net result€15,360within the sector's middle half▲ 3.7%-€1,649below the sector's middle half-€6,790below the sector's middle half▼ 312%€2,409within the sector's middle half€17,585within the sector's middle half▲ 630%
Equity€32,647within the sector's middle half▲ 88.9%€30,998within the sector's middle half▼ 5.1%€24,208within the sector's middle half▼ 21.9%€26,617within the sector's middle half▲ 10.0%€44,202below the sector's middle half▲ 66.1%
Total assets€45,617below the sector's middle half▲ 107%€36,975below the sector's middle half▼ 18.9%€64,755below the sector's middle half▲ 75.1%€51,306below the sector's middle half▼ 20.8%€76,865below the sector's middle half▲ 49.8%
Debt€12,970▲ 175%€5,977▼ 53.9%€40,547▲ 578%€24,689▼ 39.1%€32,664▲ 32.3%
Working capital€16,151within the sector's middle half▲ 36.1%€17,448within the sector's middle half▲ 8.0%€17,376within the sector's middle half▼ 0.4%€18,912within the sector's middle half▲ 8.8%€34,955within the sector's middle half▲ 84.8%
Solvency71.6%above the sector's middle half▼ 7.0pp83.8%above the sector's middle half▲ 12.3pp37.4%within the sector's middle half▼ 46.4pp51.9%within the sector's middle half▲ 14.5pp57.5%within the sector's middle half▲ 5.6pp
Current ratio2.25within the sector's middle half▼ 1.273.92above the sector's middle half▲ 1.671.64within the sector's middle half▼ 2.282.23within the sector's middle half▲ 0.592.30within the sector's middle half▲ 0.07
Return on assets (ROA)33.7%above the sector's middle half▼ 33.7pp-4.5%below the sector's middle half▼ 38.1pp-10.5%below the sector's middle half▼ 6.0pp4.7%within the sector's middle half▲ 15.2pp22.9%above the sector's middle half▲ 18.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 479% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,865
Fixed assets
€15,031 ▼ 11.5%
Current assets
€61,834 ▲ 80.1%
Equity and liabilities €76,865
Equity
€44,202 ▲ 66.1%
Debt
€32,664 ▲ 32.3%
Debt's share of the balance-sheet total falls from 48.1% to 42.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28,292▲
2024 · €13,317
Cash flow
€22,960▲
2024 · €11,769
Debt to equity
0.74▼
2024 · 0.93
ROE
39.8%▲
2024 · 9.1%
Interest coverage
24.20▲
2024 · 6.16
Debt ≤ 1 year
€26,879▲
2024 · €15,419
Debt > 1 year
€5,784▼
2024 · €9,270
Income taxes
€4,400▲
2024 · €2
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 31,349 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,061 | €2,946 | €9,506 | €9,360 | €5,375 | ▼ 42.6% |
| Other operating charges640/8 | €436 | €618 | €1,353 | €586 | €1,050 | ▲ 79.3% |
| Gross operating margin9900 | €20,682 | €1,426 | €4,877 | €13,902 | €29,341 | ▲ 111% |
| Operating profit (loss)9901 | €18,185 | -€2,137 | -€5,983 | €3,956 | €22,916 | ▲ 479% |
| Financial income75/76B | €758 | €1,193 | €1,100 | €617 | €237 | ▼ 61.5% |
| Recurring financial income75 | €758 | €1,193 | €1,100 | €617 | €237 | ▼ 61.5% |
| Financial charges65/66B | €807 | €430 | €1,796 | €2,163 | €1,169 | ▼ 45.9% |
| Recurring financial charges65 | €807 | €430 | €1,796 | €2,163 | €1,169 | ▼ 45.9% |
| Profit (loss) for the period before taxes9903 | €18,136 | -€1,374 | -€6,679 | €2,410 | €21,985 | ▲ 812% |
| Income taxes67/77 | €2,775 | €275 | €111 | €2 | €4,400 | ▲ 289,374% |
| Profit (loss) for the period9904 | €15,360 | -€1,649 | -€6,790 | €2,409 | €17,585 | ▲ 630% |
| Profit (loss) for the period to be appropriated9905 | €15,360 | -€1,649 | -€6,790 | €2,409 | €17,585 | ▲ 630% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,617 | €36,975 | €64,755 | €51,306 | €76,865 | ▲ 49.8% |
| Fixed assets21/28 | €16,496 | €13,550 | €20,053 | €16,975 | €15,031 | ▼ 11.5% |
| Tangible fixed assets22/27 | €16,496 | €13,550 | €20,053 | €16,975 | €13,859 | ▼ 18.4% |
| Plant, machinery and equipment23 | €2,379 | €1,738 | €1,098 | €1,459 | €1,909 | ▲ 30.8% |
| Furniture and vehicles24 | €264 | €71 | €9,326 | €7,697 | €5,504 | ▼ 28.5% |
| Other tangible fixed assets26 | €13,853 | €11,741 | €9,629 | €7,819 | €6,446 | ▼ 17.6% |
| Financial fixed assets28 | - | - | - | - | €1,172 | - |
| Current assets29/58 | €29,121 | €23,425 | €44,701 | €34,331 | €61,834 | ▲ 80.1% |
| Amounts receivable within one year40/41 | €18,314 | €18,015 | €39,892 | €17,403 | €55,791 | ▲ 221% |
| Trade receivables40 | €3,746 | €473 | €17,417 | €7,805 | €45,728 | ▲ 486% |
| Other amounts receivable41 | €14,568 | €17,542 | €22,476 | €9,598 | €10,064 | ▲ 4.9% |
| Cash at bank and in hand54/58 | €10,634 | €5,149 | €4,692 | €16,703 | €5,372 | ▼ 67.8% |
| Deferred charges and accrued income490/1 | €173 | €261 | €117 | €224 | €671 | ▲ 199% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,617 | €36,975 | €64,755 | €51,306 | €76,865 | ▲ 49.8% |
| Equity10/15 | €32,647 | €30,998 | €24,208 | €26,617 | €44,202 | ▲ 66.1% |
| Contributions10/11 | €12,353 | €12,353 | €12,353 | €12,353 | €12,353 | = |
| Outside capital11 | €12,353 | €12,353 | €12,353 | €12,353 | €12,353 | = |
| Other1109/19 | €12,353 | €12,353 | €12,353 | €12,353 | €12,353 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €18,440 | €16,790 | €10,000 | €12,409 | €29,994 | ▲ 142% |
| Amounts payable17/49 | €12,970 | €5,977 | €40,547 | €24,689 | €32,664 | ▲ 32.3% |
| Amounts payable after more than one year17 | - | - | €13,222 | €9,270 | €5,784 | ▼ 37.6% |
| Financial debts170/4 | - | - | €13,222 | €9,270 | €5,005 | ▼ 46.0% |
| Other amounts payable178/9 | - | - | - | - | €780 | - |
| Amounts payable within one year42/48 | €12,970 | €5,977 | €27,325 | €15,419 | €26,879 | ▲ 74.3% |
| Current portion of amounts payable after more than one year42 | - | - | €3,660 | €3,951 | €4,266 | ▲ 8.0% |
| Trade debts44 | €6,006 | €2,516 | €19,074 | €4,354 | €18,014 | ▲ 314% |
| Suppliers440/4 | €6,006 | €2,516 | €19,074 | €4,354 | €18,014 | ▲ 314% |
| Advances received on contracts in progress46 | - | - | - | €7,000 | - | - |
| Taxes, remuneration and social security45 | €6,964 | €3,462 | €4,591 | €114 | €4,600 | ▲ 3,936% |
| Taxes450/3 | €6,964 | €3,462 | €3,791 | €14 | €4,600 | ▲ 32,805% |
| Remuneration and social security454/9 | - | - | €800 | €100 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,360 | -€1,649 | -€6,790 | €2,409 | €17,585 | ▲ 630% |
| + Depreciation and write-downs630 | €2,061 | €2,946 | €9,506 | €9,360 | €5,375 | ▼ 42.6% |
| Operating cash flow (approximation) | €17,421 | €1,296 | €2,717 | €11,769 | €22,960 | ▲ 95.1% |
| Investment in fixed assets (approximation) | - | €0 | -€16,010 | -€6,282 | -€3,431 | ▲ 45.4% |
| Change in cash | - | -€5,485 | -€457 | €12,011 | -€11,331 | ▼ 194% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €17,585 ▲630%
Operating result €22,916, net result €17,585, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 238 days late
2024
31-12
Financial
Back to profitnet €2,409
Net result €2,409 after 2 loss-making years.
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €14,809
Net result €14,809 after 2 loss-making years.
31-12
Financial
Liquidity times 10current ratio 3.52
Current ratio from 0.34 to 3.52; short-term debt falls from €8,705 to €4,709.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet -€10,529
Net result drops to -€10,529, the lowest in the series; recovery starts the following year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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-Pieters-Leeuw · 1 establishment unit since 1995
Ground area
113 m²
Building footprint
107 m²
Volume, LiDAR
818 m³
Parcel 23077A0124/00H020, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CREAT'OR LINE
since 19952.071.461.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0124/00H020 | Flanders | 113 m² | 1 · 107 m² | 11.3 m · 2 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.
Similar companies · same sector, comparable size
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SALVACALO
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AREBO
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Of 1,366 companies in sector 43110 we hold annual accounts for 635. 470 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
Founded22-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43310Plastering work
43320Joinery installation
Contact
Phone
0495158572Sint-Pieters-Leeuw
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454789943
Also
9925:BE0454789943
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.