CREATE
Annual accounts 2024
abbreviated format, filed on 29-08-2025, 29 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €910,000. Estimated: probably between €620,000 and €1.2m.
Balance sheet
balance sheet total €1.9m on 31-12-2024in euro
in euro
Position in the sector
27.1%
Higher than 35% of 1,395 companies in 2024.
1.36
Higher than 43% of 1,360 companies in 2024.
8.1%
Higher than 64% of 1,378 companies in 2024.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
€42,087
Staff costs divided by the average number of full-time equivalents.
+2 people
In 2024, 8 people joined and 6 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.9m | 1.3m | 848,977 | 378,104 | 66,907 | |
21/28 |
157,206 | 155,981 | 102,035 | 32,416 | 1,172 | |
21 |
3,851 | 6,254 | 8,657 | 8,095 | - | |
22/27 |
138,870 | 142,607 | 89,933 | 20,875 | 922 | |
23 |
30,646 | 20,952 | 5,301 | 6,857 | - | |
24 |
108,224 | 121,655 | 84,632 | 14,018 | 922 | |
28 |
14,485 | 7,121 | 3,446 | 3,446 | 250 | |
29/58 |
1.8m | 1.1m | 746,942 | 345,688 | 65,735 | |
29 |
- | 0 | 15,000 | 15,000 | 15,000 | |
291 |
- | 0 | 15,000 | 15,000 | 15,000 | |
40/41 |
1.4m | 989,469 | 455,874 | 129,428 | 30,194 | |
40 |
1.1m | 781,168 | 359,580 | 93,272 | 29,911 | |
41 |
342,664 | 208,301 | 96,294 | 36,155 | 282 | |
54/58 |
371,277 | 159,783 | 276,068 | 201,260 | 19,396 | |
490/1 |
- | - | - | 0 | 1,145 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.9m | 1.3m | 848,977 | 378,104 | 66,907 | |
10/15 |
524,457 | 467,528 | 335,456 | 189,513 | 25,269 | |
10/11 |
100,500 | 100,500 | 100,500 | 100,500 | 500 | |
14 |
423,957 | 367,028 | 234,956 | 89,013 | 24,769 | |
17/49 |
1.4m | 837,706 | 513,521 | 188,590 | 41,638 | |
17 |
100,294 | 63,415 | 54,563 | - | - | |
170/4 |
100,294 | 63,415 | 54,563 | - | - | |
42/48 |
1.3m | 774,291 | 458,958 | 188,590 | 41,638 | |
42 |
104,840 | 84,809 | 91,073 | 22,917 | - | |
43 |
631,651 | 542,603 | 208,612 | 52,481 | 15,033 | |
430/8 |
631,651 | 542,603 | 208,612 | 52,481 | 15,033 | |
44 |
460,354 | 131,945 | 155,186 | 99,631 | 12,836 | |
440/4 |
460,354 | 131,945 | 155,186 | 99,631 | 12,836 | |
45 |
16,633 | 14,590 | 3,743 | 13,330 | 12,060 | |
450/3 |
1,323 | 7,155 | 1,649 | 13,330 | 12,060 | |
454/9 |
15,310 | 7,435 | 2,095 | - | - | |
47/48 |
100,000 | 345 | 345 | 232 | 1,709 | |
| Income statement | ||||||
9900 |
457,131 | 304,341 | 240,974 | 103,548 | 15,789 | |
62 |
113,634 | 43,586 | 4,547 | - | - | |
630 |
48,991 | 37,055 | 16,732 | 3,687 | 307 | |
640/8 |
8,912 | 11,391 | 6,059 | 5,282 | 2,027 | |
9901 |
285,595 | 212,310 | 213,635 | 94,580 | 13,455 | |
75/76B |
838 | 4,135 | 50 | 0 | 525 | |
75 |
838 | 4,135 | 50 | 0 | 525 | |
65/66B |
49,487 | 29,471 | 10,946 | 3,667 | 2,969 | |
65 |
49,487 | 29,471 | 10,946 | 3,667 | 2,969 | |
9903 |
236,946 | 186,973 | 202,739 | 90,912 | 11,011 | |
67/77 |
80,017 | 54,902 | 56,796 | 26,668 | 3,649 | |
9904 |
156,929 | 132,072 | 145,943 | 64,244 | 7,362 | |
9905 |
156,929 | 132,072 | 145,943 | 64,244 | 7,362 | |
| Appropriation of the result | ||||||
9906 |
523,957 | 367,028 | 234,956 | 89,013 | 24,769 | |
14P |
367,028 | 234,956 | 89,013 | 24,769 | - | |
694/7 |
100,000 | - | - | - | - | |
695 |
100,000 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
2.7 | 1.1 | - | - | - | |
Hours worked1013 |
4,695 | 1,911 | - | - | - | |
| Document | ||||||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 29-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00441334 | |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00386261 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00398753 | |
| 31-12-2021 | abbreviated format | 19-08-2022 | 2022-20297706 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-63900425 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 334,586 | 249,365 | 230,367 | 98,267 | 13,762 | ||
| 205,920 | 169,127 | 162,675 | 67,931 | 7,669 | ||
| 50,215 | 91,001 | 86,351 | 34,931 | - | ||
| 211,494 | -116,284 | 74,808 | 181,864 | - | ||
| 467,545 | 374,962 | 287,984 | 157,097 | 24,097 | ||
| 27.1% | 35.8% | 39.5% | 50.1% | 37.8% | ||
| 1.36 | 1.48 | 1.63 | 1.83 | 1.58 | ||
| 2.70 | 1.79 | 1.53 | 1.00 | 1.65 | ||
| 29.9% | 28.2% | 43.5% | 33.9% | 29.1% | ||
| 8.1% | 10.1% | 17.2% | 17.0% | 11.0% | ||
| 6.76 | 8.46 | 21.05 | 26.79 | - |
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 1 |
| full-time | 3 | 1 |
| part-time | 0 | 0 |
| in full-time equivalents | 3 | 1 |
| 2.7 | 1.1 | |
| On a permanent contract | 3 | 1 |
| Joined | 8 | 3 |
| Left | 6 | 2 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €42,851 | €87,326 | €83,851 | €22,222 |
| Intangible fixed assets | - | - | €2,500 | €9,514 |
| Financial fixed assets | €7,364 | €3,675 | - | €3,196 |
| €48,991 | €37,055 | €16,732 | €3,687 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on CREATE
The operating result for 2024 is 35% higher than in 2023 and the highest since 2020. It is a recovery after the fall in 2023.
Debt's share of the balance-sheet total rises from 64.2% to 72.9%. Equity and debt are higher.
- 2021 Equity +650%, Total assets +465% on 2020. Capital increase of €100,000 (Official Gazette 03-06-2021).