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CREATA

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0891.469.788

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €12,112 (2015)
-€1,429▲ €32,894
lowest -€194,046 (2016)
-€186,586▲ €7,460
peak €503,838 (2015)
€123,206▼ 60.2%
€12.1m▲ 3.6%
Documentsfilings and deeds
26-10-201887 days late
2017financial year
Gross margin from -€34,323 to -€1,429Loss of €186,586Equity from €309,792 to €123,206

Key points

from the 2017 annual accounts, the last ones filed

Equity

€123,206 from €503,838 in 2015

Equity fell by 76% in 2 years.

Debts

€12.1m 99% of the balance sheet
After one year 99%Within one year 1%

Of this, €180,830 falls due within a year.

Filings

10 annual accounts 9 late
AprilJune31 JulyOctober20102015

The 2014 accounts came latest: 525 days after the end of the period.

No score

Recent changes

Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 29-09-2026 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 14-03-2022 · Bankruptcy
Incorporation 5 publications in the Belgian Official Gazette, the last on 08-08-2017 · published on 27-08-2007 · Gazette deed
All 21 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-03-2022
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2017

-€1,429▲ 95.8%
€186,586▼ 3.8%
€123,206▼ 60.2%
€12.3m▲ 2.0%
Filing
Filed on 26-10-2018
Financials

Insights on CREATA

Equity fell from €503,838 in 2015 to €123,206 in 2017, while debts rose from €11.3m to €12.1m.

On 14 March 2022 the court declared CREATA bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2017

full format, filed on 26-10-2018, 87 days late
-€1,429
▲ €32,894
-€3,049
▲ €32,924
-€186,586
▲ €7,460
€11.9m
▲ 1.4%
1.0%
▼ 1.6 percentage points
66.93
▲ 5.08

Turnover: not included in this filing.

Balance sheet

balance sheet total €12.3m on 31-12-2017
What the company ownsHow it is paid for

in euro

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2017201620152014201320122011201020092008
Balance sheet: assets
20/58 12.3m12.0m11.8m17.6m15.3m836,250347,5041.3m80,2582,218
21/28 169,26686,502-156,502156,50284,00284,0021.2m80,000-
22/27 -84,00084,000154,000154,00084,00084,00084,000--
22 -84,00084,000154,000154,00084,00084,00084,000--
28 169,2662,5022,5022,5022,502221.1m80,000-
29/58 12.1m11.9m11.7m17.5m15.2m752,248263,50231,6442582,218
29 8.3m8.1m8.2m-------
291 8.3m8.1m8.2m-------
40/41 418,368676,362659,760342,097308,678260,058262,74325,000--
41 418,368676,362659,760342,097308,678260,058262,74325,000--
50/53 ---10.1m11.3m445,531----
54/58 2.6m2.6m2.6m7.0m3.6m46,6587596,6442582,218
490/1 763,010500,712233,838-------
Balance sheet: equity and liabilities
10/49 12.3m12.0m11.8m17.6m15.3m836,250347,5041.3m80,2582,218
10/15 123,206309,792503,838351,649251,149320,400332,588-62,611-11,991-7,482
10/11 18,60018,600-18,60018,60012,40012,40012,40012,40012,400
10 --18,600-------
100 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----6,2006,2006,2006,2006,200
13 1,8601,8601,8601,8601,8601,8601,860---
130 1,8601,8601,8601,8601,8601,8601,860---
14 102,746289,332483,378331,189230,689306,140318,328-75,011-24,391-19,882
17/49 12.1m11.7m11.3m17.3m15.1m515,85014,9171.3m92,2499,700
17 9.0m9.0m9.0m9.0m------
170/4 9.0m9.0m9.0m9.0m------
42/48 180,830193,205219,9797.3m15.1m515,85014,9171.3m92,2499,700
42 ----6.0m-----
43 13481-----925,000--
430/8 13481--------
439 -------925,000--
44 11,0483,26515,901898,1851,850917-2,3046,200
440/4 11,0483,26515,901898,1851,850917-2,3046,200
45 158,089189,859204,07847,239------
450/3 158,089189,859204,07847,239------
47/48 11,560--7.2m9.1m514,00014,000389,45589,9453,500
492/3 2.9m2.5m2.1m929,037------
Income statement
76A ----3,522-459,212---
9900 -1,429-34,32312,112-13,180-30,800-16,879-41,979-34,195-3,516-19,000
640/8 1,6201,650971957437957437437437784
66A ------30,000---
9901 -3,049-35,97311,141-14,137-31,237-17,836-42,416-34,632-3,953-19,784
75/76B 273,757277,889-1.6m341,0556,00112,888101
75 273,757277,8891.8m1.6m341,0556,00112,888101
65/66B 456,044438,751-1.5m388,7913524,48515,98955799
65 456,044438,7511.5m1.5m388,7913524,48515,98955799
9903 -185,336-196,834309,02874,737-75,451-12,188395,199-50,620-4,509-19,882
67/77 1,250-2,788156,83944,401------
9904 -186,586-194,046152,18930,336-75,451-12,188395,199-50,620-4,509-19,882
9905 -186,586-194,046152,18930,336-75,451-12,188395,199-50,620-4,509-19,882
Appropriation of the result
9906 102,746289,332483,378331,189230,689306,140320,188-75,011-24,391-19,882
14P --331,189-------
691/2 ------1,860---
6920 ------1,860---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2017 (PDF), filed on 26-10-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2017 annual accounts filed 87 days after the deadline. Filed on 26 October 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-70400358.

Financial year Type Filed Reference Document
31-12-2017 full format 26-10-2018 2018-70400358 PDF
31-12-2016 full format 27-08-2018 2018-52100076 PDF
31-12-2015 full format 15-12-2017 2017-72300059 PDF
31-12-2014 full format 06-01-2017 2017-00700005 PDF
31-12-2013 full format 29-08-2014 2014-57800516 PDF
31-12-2012 full format 04-10-2013 2013-62300240 PDF
31-12-2011 full format 21-12-2012 2012-67800264 PDF
31-12-2010 full format 31-10-2011 2011-59500277 PDF
31-12-2009 full format 09-06-2010 2010-17500447 PDF
31-12-2008 full format 06-08-2009 2009-55200277 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2017201620152014201320122011201020092008
166,764---72,500--1.2m80,000-
-17,58748,997-4.4m3.4m3.6m45,899-5,8856,386-1,960-
11.9m11.8m11.5m10.2m94,647236,398248,586-1.3m-91,991-7,482
1.0%2.6%4.3%2.0%1.6%38.3%95.7%-5.0%-14.9%-
66.9361.8553.342.391.011.4617.670.020.00-
98.6037.8522.4649.0960.101.610.04---
-151.4%-62.6%30.2%8.6%-30.0%-3.8%118.8%---
-1.5%-1.6%1.3%0.2%-0.5%-1.5%113.7%-4.0%-5.6%-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on CREATA

The operating result for 2017 is a loss of €3,049, smaller than the loss of €35,973 in 2016.

Debt's share of the balance-sheet total rises from 97.4% to 99.0%. Equity is lower and debt is higher.

Board & ownership

Curator

1 mandate
Curator, Rue De Stassart 48C, 1050 Bruxelles 5
from 14-03-2022 to 29-09-2026
Also on 231 other cases

Control

Capital

Capital
€18,600
Source
2017 annual accounts

Office holders in the KBO →

Network & group

Holdings

own 2017 accounts
This companyCREATA2 holdings, 2 countries 2017 accounts

Europe 2 Year Equity Result

  • LU GREEN STAR20% 2017-€54,685 result -€36,528 (2017)
  • FR MANAGEMENT INVESTISSEMENT PERFORMANCE 2016-€436,100 result -€16,100 (2016)

Source: list of holdings in its own 2017 accounts. The amounts are in that list, in each holding's own currency.

Holdings through the years

2010 to 2017
Holdings through the years
Name2010201120122013201420162017
MANAGEMENT INVESTISSEMENT PERFORMANCEFR 100%
GREEN STARLU 20%
Management Investissement PerfromanceFR 100%
Avesta SCIFR 100%

Source: list of holdings in its own accounts

Connections & network

Timeline

Timeline

21 events since 2007
2026
Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 29-09-2026
2022
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 14-03-2022
2018
Annual accounts 2017 filed PDFfull format · 87 days late
Annual accounts 2016 filed PDFfull format · 392 days late
2017
Annual accounts 2015 filed PDFfull format · 502 days late
Annual accounts 2014 filed PDFfull format · 525 days late
2016
Weakest financial year net -€194,046 The net result drops to -€194,046, the lowest from 2008 to 2017.
2015
Liquidity more than 22 times current ratio 53.34 The current ratio rises from 2.39 to 53.34. Short-term debt falls from €7.3m to €219,979.
Equity above €500,000 equity €503,838 ▲43.3% After 2 profitable years in a row, equity reaches €503,838.
2014
Back to profit net €30,336 The net result is €30,336, after 2 loss-making years.
Liquidity more than doubled current ratio 2.39 The current ratio rises from 1.01 to 2.39. Short-term debt falls from €15.1m to €7.3m.
Annual accounts 2013 filed PDFfull format · 29 days late
2013
Annual accounts 2012 filed PDFfull format · 65 days late
2012
Annual accounts 2011 filed PDFfull format · 143 days late
2011
Back to profit net €395,199 The net result is €395,199, after 3 loss-making years.
Liquidity more than 733 times current ratio 17.67 The current ratio rises from 0.02 to 17.67. Short-term debt falls from €1.3m to €14,917.
Equity above €200,000 equity €332,588 Equity rises from -€62,611 to €332,588.
Annual accounts 2010 filed PDFfull format · 92 days late
2010
Annual accounts 2009 filed PDFfull format · 52 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 6 days late
2007
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 08-08-2017 · published on 27-08-2007

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €15.3m in 2013 to €12.3m in 2017.1 CREATA was declared bankrupt on 14 March 2022. The bankruptcy was closed on 29 September 2026.23

  1. 1National Bank, annual accounts 2013 and 2017
  2. 2Belgian Official Gazette, 21-03-2022
  3. 3Belgian Official Gazette, 20-10-2026

Company details

Buildings and parcels at the address

Ground area
677 m²
Buildings
272 m²
Volume, LiDAR
7,048 m³
Tallest building
28.3 m
Buildings to scale, each on its own parcel
272 m², 28.3 m 272 m², 28.3 m
Inactive

Inactive since October 2026

CREATA has not been in the KBO register since 10 October 2026.

Status
Inactiveout of the register since 10 October 2026
Reason
Bankruptcy opened
Last annual accounts
financial year to 31 December 2017
Last registered office
Avenue De Tervueren 252-254, Bte 1, 1150 Woluwe-Saint-Pierreas published on 8 August 2017
Legal form
Private limited company (pre-2019)
Active since
17 August 2007
Official KBO record

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
21019A0199/00R010677 m² 1 · 272 m² 28.3 m · 9