Creating Cities (0799.759.060): annual accounts and directors

Creating Cities

Ghent ·KBO/BCE: BE 0799.759.060

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
Creating Cities Ghent	€244,380	€114,987	90.5%	-
Resilica Dendermonde	€234,898	€120,404	86.4%	-
Skytek Lede	€240,643	€124,160	78.2%	-
Thinkrush Aalst	€258,682	€110,364	79.4%	-
MAVAPO Aalter	€257,266	€106,515	72.0%	-
MAESTERPLAN Ghent	€227,259	€110,408	84.4%	-
Borgn Consult Temse	€237,193	€108,336	57.1%	-

Line	2025	2024	2023
Balance sheet: assets
Total assets`20/58`	244,380	183,919	119,655
Fixed assets`21/28`	141,625	6,460	-
Tangible fixed assets`22/27`	141,625	6,460	-
Land and buildings`22`	131,100	-	-
Plant, machinery and equipment`23`	5,425	-	-
Furniture and vehicles`24`	5,100	6,460	-
Current assets`29/58`	102,755	177,459	119,655
Amounts receivable within one year`40/41`	14,100	14,719	10,959
Trade receivables`40`	14,100	14,719	10,959
Cash at bank and in hand`54/58`	84,709	162,740	108,696
Deferred charges and accrued income`490/1`	3,947	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	244,380	183,919	119,655
Equity`10/15`	221,055	150,601	78,280
Contributions`10/11`	3,000	3,000	3,000
Reserves`13`	147,601	147,601	75,280
Distributable reserves`133`	147,601	147,601	75,280
Profit (loss) carried forward`14`	70,454	-	-
Amounts payable`17/49`	23,326	33,318	41,375
Amounts payable within one year`42/48`	23,326	33,318	41,375
Trade debts`44`	41	-	-
Suppliers`440/4`	41	-	-
Taxes, remuneration and social security`45`	22,949	33,314	41,220
Taxes`450/3`	22,949	33,314	41,220
Other amounts payable`47/48`	336	4	155
Income statement
Gross operating margin`9900`	114,987	98,070	105,864
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	25,775	340	-
Other operating charges`640/8`	475	-	-
Operating profit (loss)`9901`	88,738	97,730	105,864
Financial income`75/76B`	21	43	20
Recurring financial income`75`	21	43	20
Financial charges`65/66B`	244	134	56
Recurring financial charges`65`	244	134	56
Profit (loss) for the period before taxes`9903`	88,514	97,638	105,828
Income taxes`67/77`	18,060	25,317	30,548
Profit (loss) for the period`9904`	70,454	72,321	75,280
Profit (loss) for the period to be appropriated`9905`	70,454	72,321	75,280
Appropriation of the result
Profit (loss) to be appropriated`9906`	70,454	72,321	75,280
Transfer to equity`691/2`	-	72,321	75,280
To other reserves`6921`	-	72,321	75,280
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	15-07-2026	2026-00294768	PDF
31-12-2024	micro format	22-07-2025	2025-00292011	PDF
31-12-2023	micro format	16-07-2024	2024-00247762	PDF

Line	2025	2024	2023
EBITDA	114,512	98,070	-
Cash flow	96,228	72,661	-
Investment in fixed assets	160,939	6,800	-
Change in cash	-78,031	54,044	-
Working capital	79,430	144,141	78,280
Solvency	90.5%	81.9%	65.4%
Current ratio	4.41	5.33	2.89
Debt to equity	0.11	0.22	0.53
ROE	31.9%	48.0%	96.2%
ROA	28.8%	39.3%	62.9%
Interest coverage	over 100	over 100	-

Item	2025	2024	2023
Tangible fixed assets	€160,939	€6,800	-
Depreciation and write-downs of the year	€25,775	€340	-

Overview

Lifetime

Key points

Equity

Investments

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on Creating Cities

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency90.5%

Current ratio4.41

Return on assets28.8%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €450 awarded, €450 paid

Key figures and ratios

Investments

Insights on Creating Cities

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Shareholders

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels