CREATHOME
ActiveSummary
CREATHOME has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €11k. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-12
Solvency61▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.5 in 2023; short-term debt: 41.7% and cash: 1.2% of total assets), but 64.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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 2024Solvency, return and age of the figures
Solvency
35.7%
Return on assets
6.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
68 d late
2022
42 d late
2021
on the day
2020
29 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€61k▲ 20.8%
2023 · €51k
2018: €-9klowest in 7 years
2019: €-457▲ +94.7% vs 2018
2020: €24k▲ +5386% vs 2019
2021: €25k▲ +4.3% vs 2020
2022: €25k▼ -1.0% vs 2021
2023: €51k▲ +104% vs 2022
2024: €61k▲ +20.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€172k▲ 1.3%
2023 · €170k
2018: €22klowest in 7 years
2019: €22k▲ +1.7% vs 2018
2020: €46k▲ +108% vs 2019
2021: €64k▲ +39.9% vs 2020
2022: €85k▲ +31.2% vs 2021
2023: €170k▲ +101% vs 2022
2024: €172k▲ +1.3% vs 2023highest in 7 years
2018 → 2024
Net result
€11k▼ 59.2%
2023 · €26k
2018: €1k
2019: €8k▲ +661% vs 2018
2020: €25k▲ +202% vs 2019
2021: €1k▼ -95.7% vs 2020
2022: €-248▼ -124% vs 2021lowest in 7 years
2023: €26k▲ +10511% vs 2022highest in 7 years
2024: €11k▼ -59.2% vs 2023
2018 → 2024
Working capital
€43k▲ 24.3%
2023 · €35k
2018: €-10klowest in 7 years
2019: €-457▲ +95.4% vs 2018
2020: €3k▲ +719% vs 2019
2021: €909▼ -67.9% vs 2020
2022: €2k▲ +90.8% vs 2021
2023: €35k▲ +1891% vs 2022
2024: €43k▲ +24.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24k-€25k▲ 4.3%€25k▼ 1.0%€51k▲ 104%€61k▲ 20.8%
2020: €24klowest in 5 years
2021: €25k▲ +4.3% vs 2020
2022: €25k▼ -1.0% vs 2021
2023: €51k▲ +104% vs 2022
2024: €61k▲ +20.8% vs 2023highest in 5 years
Operating result€32k-€4k▼ 88.3%€3k▼ 27.9%€38k▲ 1,288%€16k▼ 57.9%
2020: €32k
2021: €4k▼ -88.3% vs 2020
2022: €3k▼ -27.9% vs 2021lowest in 5 years
2023: €38k▲ +1288% vs 2022highest in 5 years
2024: €16k▼ -57.9% vs 2023
Net result€25k-€1k▼ 95.7%€-248€26k€11k▼ 59.2%
2020: €25k
2021: €1k▼ -95.7% vs 2020
2022: €-248▼ -124% vs 2021lowest in 5 years
2023: €26k▲ +10511% vs 2022highest in 5 years
2024: €11k▼ -59.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172k
Fixed assets
€57k ▼ 13.0%
Current assets
€115k ▲ 10.3%
Equity and liabilities €172k
Equity
€61k ▲ 20.8%
Debt
€111k ▼ 7.1%
Debt's share of the balance-sheet total falls from 70.1% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2023 · €54k
Cash flow
€30k▼
2023 · €43k
Current ratio
1.60▲
2023 · 1.50
Debt to equity
1.80▼
2023 · 2.34
ROE
17.2%▼
2023 · 50.9%
ROA
6.1%▼
2023 · 15.2%
Interest coverage
11.79▼
2023 · 20.99
Debt ≤ 1 year
€72k▲
2023 · €69k
Debt > 1 year
€18k▼
2023 · €25k
Income taxes
€5k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€170k€172k▲
Fixed assets21/28€66k€57k▼
Tangible fixed assets22/27€66k€57k▼
Plant, machinery and equipment23€453€388▼
Furniture and vehicles24€57k€45k▼
Leasing and similar rights25€6k€10k▲
Other tangible fixed assets26€3k€3k=
Current assets29/58€104k€115k▲
Amounts receivable within one year40/41€93k€113k▲
Trade receivables40€43k€70k▲
Other amounts receivable41€49k€42k▼
Cash at bank and in hand54/58€11k€2k▼
Equity and liabilities
Total equity and liabilities10/49€170k€172k▲
Equity10/15€51k€61k▲
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Reserves13€10k€20k▲
Distributable reserves133€10k€20k▲
Profit (loss) carried forward14€34k€34k▲
Amounts payable17/49€119k€111k▼
Amounts payable after more than one year17€25k€18k▼
Financial debts170/4€25k€18k▼
Amounts payable within one year42/48€69k€72k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€24k€21k▼
Suppliers440/4€24k€21k▼
Taxes, remuneration and social security45€39k€44k▲
Taxes450/3€39k€44k▲
Accrued charges and deferred income492/3€25k€21k▼
Income statement
Code20232024
Non-recurring operating income76A€9k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€2k€988▼
Non-recurring operating charges66A€613-
Gross operating margin9900€57k€38k▼
Operating profit (loss)9901€38k€16k▼
Financial income75/76B€90€3k▲
Recurring financial income75€90€3k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€35k€16k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€26k€11k▼
Profit (loss) for the period to be appropriated9905€26k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€44k▲
Profit (loss) brought forward from the previous period14P€18k€34k▲
Transfer to equity691/2€10k€10k=
To other reserves6921€10k€10k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9k | €2k | ▼ 77.9% |
| Remuneration, social security and pensions62 | - | - | €935 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €10k | €10k | €17k | €19k | ▲ 12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3k | - |
| Other operating charges640/8 | - | €1k | €825 | €2k | €988 | ▼ 45.8% |
| Non-recurring operating charges66A | - | - | - | €613 | - | - |
| Gross operating margin9900 | €44k | €15k | €14k | €57k | €38k | ▼ 32.5% |
| Operating profit (loss)9901 | €32k | €4k | €3k | €38k | €16k | ▼ 57.9% |
| Financial income75/76B | - | €18 | €8 | €90 | €3k | ▲ 2,974% |
| Recurring financial income75 | €1k | €18 | €8 | €90 | €3k | ▲ 2,974% |
| Financial charges65/66B | - | €2k | €2k | €3k | €3k | ▲ 14.0% |
| Recurring financial charges65 | €516 | €2k | €2k | €3k | €3k | ▲ 14.0% |
| Profit (loss) for the period before taxes9903 | €33k | €2k | €462 | €35k | €16k | ▼ 55.4% |
| Income taxes67/77 | €8k | €1k | €710 | €9k | €5k | ▼ 44.9% |
| Profit (loss) for the period9904 | €25k | €1k | €-248 | €26k | €11k | ▼ 59.2% |
| Profit (loss) for the period to be appropriated9905 | €25k | €1k | €-248 | €26k | €11k | ▼ 59.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46k | €64k | €85k | €170k | €172k | ▲ 1.3% |
| Fixed assets21/28 | €26k | €24k | €23k | €66k | €57k | ▼ 13.0% |
| Tangible fixed assets22/27 | €26k | €24k | €23k | €66k | €57k | ▼ 13.0% |
| Plant, machinery and equipment23 | - | €581 | €517 | €453 | €388 | ▼ 14.2% |
| Furniture and vehicles24 | - | €16k | €17k | €57k | €45k | ▼ 21.1% |
| Leasing and similar rights25 | - | €8k | €5k | €6k | €10k | ▲ 53.6% |
| Other tangible fixed assets26 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €20k | €40k | €61k | €104k | €115k | ▲ 10.3% |
| Amounts receivable within one year40/41 | €18k | €39k | €35k | €93k | €113k | ▲ 21.6% |
| Trade receivables40 | - | €14k | €7k | €43k | €70k | ▲ 62.5% |
| Other amounts receivable41 | - | €26k | €28k | €49k | €42k | ▼ 14.3% |
| Cash at bank and in hand54/58 | €119 | €203 | €15k | €11k | €2k | ▼ 81.3% |
| Deferred charges and accrued income490/1 | - | €836 | €12k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46k | €64k | €85k | €170k | €172k | ▲ 1.3% |
| Equity10/15 | €24k | €25k | €25k | €51k | €61k | ▲ 20.8% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Outside capital11 | - | €7k | €7k | €7k | €7k | = |
| Other1109/19 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €163 | €163 | €163 | €10k | €20k | ▲ 100% |
| Non-distributable reserves130/1 | - | €163 | €163 | - | - | - |
| Reserves not available under the articles1311 | - | €163 | €163 | - | - | - |
| Distributable reserves133 | - | - | - | €10k | €20k | ▲ 100% |
| Profit (loss) carried forward14 | €17k | €18k | €18k | €34k | €34k | ▲ 1.6% |
| Amounts payable17/49 | €22k | €39k | €60k | €119k | €111k | ▼ 7.1% |
| Amounts payable after more than one year17 | - | - | - | €25k | €18k | ▼ 28.5% |
| Financial debts170/4 | - | - | - | €25k | €18k | ▼ 28.5% |
| Amounts payable within one year42/48 | €17k | €39k | €60k | €69k | €72k | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7k | €7k | ▲ 4.4% |
| Trade debts44 | €5k | €23k | €50k | €24k | €21k | ▼ 13.5% |
| Suppliers440/4 | - | €23k | €50k | €24k | €21k | ▼ 13.5% |
| Taxes, remuneration and social security45 | - | €16k | €10k | €39k | €44k | ▲ 13.6% |
| Taxes450/3 | - | €16k | €10k | €39k | €44k | ▲ 13.6% |
| Accrued charges and deferred income492/3 | - | - | - | €25k | €21k | ▼ 14.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €1k | €-248 | €26k | €11k | ▼ 59.2% |
| + Depreciation and write-downs630 | €3k | €10k | €10k | €17k | €19k | ▲ 12.9% |
| Operating cash flow (approximation) | €28k | €11k | €9k | €43k | €30k | ▼ 30.8% |
| Investment in fixed assets (approximation) | - | €-8k | €-9k | €-60k | €-10k | ▲ 82.4% |
| Change in cash | - | €84 | €14k | €-3k | €-9k | ▼ 200% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
31-12
Financial
Weakest financial yearnet €-248
Net result drops to €-248, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 166 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 70 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Ittre · 1 establishment unit since 2005
Ground area
4,923 m²
Building footprint
196 m²
Volume, LiDAR
986 m³
Parcel 25039A0270/00D000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CREATHOME
since 20052.145.566.061
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25039A0270/00D000 | Wallonia | 4,923 m² | 1 · 196 m² | 6.4 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,180 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
Founded03-02-2005
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43230Insulation installation
43240Other construction installation
43310Plastering work
Scores and ratios are computed by Checked and are not a credit decision.