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CREATING SIGNS

Active
Private limited companyfounded 20206 yrs activeN.B. de Borchgravestraat 4440, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0754.496.088
Summary

The computed 12-month bankruptcy probability of CREATING SIGNS is 7.7% (elevated). For CREATING SIGNS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1,987 and a net result of -€1,248. Equity is shrinking by ~105.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. Its solvency ranks better than 95% of 2721 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
7.7% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2023
Age of the figures
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
17 d late
2021
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CREATING SIGNS was incorporated on 16 September 2020 as a Private limited company.1 Total assets fell from EUR 30,328 in 2021 to EUR 2,058 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2023, abbreviated schema

Equity
€1,987▼ 38.6%
2022 · €3,235
Total assets
€2,058▼ 36.4%
2022 · €3,235
Net result
-€1,248▲ 77.7%
2022 · -€5,585
Working capital
-€69
2021 · €4,489
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120222023
Operating result€4,035--€4,182-€1,138▲ 72.8%
Net result€3,821within the sector's middle half--€5,585within the sector's middle half-€1,248within the sector's middle half▲ 77.7%
Equity€8,821within the sector's middle half-€3,235within the sector's middle half▼ 63.3%€1,987below the sector's middle half▼ 38.6%
Total assets€30,328below the sector's middle half-€3,235below the sector's middle half▼ 89.3%€2,058below the sector's middle half▼ 36.4%
Debt€21,507-€71
Working capital€4,489within the sector's middle half--€69within the sector's middle half
Solvency29.1%within the sector's middle half-
Current ratio1.21within the sector's middle half-
Return on assets (ROA)12.6%within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service 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
-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2021: €4,035€4,035Net result 2021: €3,821€3,821Operating result 2022: -€4,182-€4,182Net result 2022: -€5,585-€5,585Operating result 2023: -€1,138-€1,138Net result 2023: -€1,248-€1,248202120222023-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2021: €4,035€4,040Net result 2021: €3,821€3,820Operating result 2022: -€4,182-€4,180Net result 2022: -€5,585-€5,590Operating result 2023: -€1,138-€1,140Net result 2023: -€1,248-€1,250202120222023
The operating result stays negative: a loss of €1,138 in 2023 against €4,182 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2,058
Fixed assets €2,056 ▼ 35.6%
Current assets €1 ▼ 96.4%
Equity and liabilities €2,058
Equity €1,987
Debt €71
Debt finances 3.4% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2022
EBITDA
€0▲
2022 · -€3,044
Cash flow
-€110▲
2022 · -€4,448
Interest coverage
0.00▲
2022 · -304442.00
Debt ≤ 1 year
€71
Ratios withheld: a balance sheet total of €2,058 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 32 lines
Balance sheet Code20222023
Assets
Total assets20/58€3,235€2,058▼
Fixed assets21/28€3,194€2,056▼
Tangible fixed assets22/27€3,194€2,056▼
Plant, machinery and equipment23€3,194€2,056▼
Current assets29/58€41€1▼
Amounts receivable within one year40/41€41-
Other amounts receivable41€41-
Cash at bank and in hand54/58-€1
Equity and liabilities
Total equity and liabilities10/49€3,235€2,058▼
Equity10/15€3,235€1,987▼
Contributions10/11€5,000€5,000=
Capital10€5,000-
Issued capital100€5,000-
Reserves13€3,821€3,821=
Distributable reserves133€3,821€3,821=
Profit (loss) carried forward14-€5,585-€6,833▼
Amounts payable17/49-€71
Amounts payable within one year42/48-€71
Taxes, remuneration and social security45-€11
Taxes450/3-€11
Other amounts payable47/48-€60
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,138€1,138=
Gross operating margin9900-€3,044-
Operating profit (loss)9901-€4,182-€1,138▲
Financial charges65/66B€1,403€110▼
Recurring financial charges65€0€110▲
Non-recurring financial charges66B€1,403-
Profit (loss) for the period before taxes9903-€5,585-€1,248▲
Profit (loss) for the period9904-€5,585-€1,248▲
Profit (loss) for the period to be appropriated9905-€5,585-€1,248▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,585-€6,833▼
Profit (loss) brought forward from the previous period14P--€5,585

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,357€1,138€1,138=
Other operating charges640/8€506---
Gross operating margin9900€5,898-€3,044--
Operating profit (loss)9901€4,035-€4,182-€1,138▲ 72.8%
Financial income75/76B€25---
Recurring financial income75€25---
Financial charges65/66B€239€1,403€110▼ 92.1%
Recurring financial charges65€239€0€110▲ 1,101,800%
Non-recurring financial charges66B-€1,403--
Profit (loss) for the period before taxes9903€3,821-€5,585-€1,248▲ 77.7%
Profit (loss) for the period9904€3,821-€5,585-€1,248▲ 77.7%
Profit (loss) for the period to be appropriated9905€3,821-€5,585-€1,248▲ 77.7%
Line202120222023Change
Assets
Total assets20/58€30,328€3,235€2,058▼ 36.4%
Fixed assets21/28€4,332€3,194€2,056▼ 35.6%
Tangible fixed assets22/27€4,332€3,194€2,056▼ 35.6%
Plant, machinery and equipment23€4,332€3,194€2,056▼ 35.6%
Current assets29/58€25,996€41€1▼ 96.4%
Amounts receivable within one year40/41€8,811€41--
Trade receivables40€3,455---
Other amounts receivable41€5,356€41--
Cash at bank and in hand54/58€17,185-€1-
Equity and liabilities
Total equity and liabilities10/49€30,328€3,235€2,058▼ 36.4%
Equity10/15€8,821€3,235€1,987▼ 38.6%
Contributions10/11€5,000€5,000€5,000=
Capital10€5,000€5,000--
Issued capital100€5,000€5,000--
Reserves13€3,821€3,821€3,821=
Distributable reserves133€3,821€3,821€3,821=
Profit (loss) carried forward14--€5,585-€6,833▼ 22.3%
Amounts payable17/49€21,507-€71-
Amounts payable within one year42/48€21,507-€71-
Trade debts44€20,695---
Suppliers440/4€20,695---
Taxes, remuneration and social security45€813-€11-
Taxes450/3€813-€11-
Other amounts payable47/48--€60-
Line202120222023Change
Profit (loss) for the period9904€3,821-€5,585-€1,248▲ 77.7%
+ Depreciation and write-downs630€1,357€1,138€1,138=
Operating cash flow (approximation)€5,178-€4,448-€110▲ 97.5%
Investment in fixed assets (approximation)-€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 153 days late
2023
17-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial Weakest financial yearnet -€5,585
Net result drops to -€5,585, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,714 m²
Building footprint
2,753 m²
Volume, LiDAR
14,915 m³
Parcel 71352C0650/00C003, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
LXR EVENTS
N.B. de Borchgravestraat 4440, 3800 Sint-TruidenRetail sale of wines and spirits
since 20202.307.102.834
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71352C0650/00C003 Flanders 4,714 m² 1 · 2,753 m² 6.3 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 7,494 companies in this sector we hold annual accounts for 2,452. 633 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded16-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
73110Advertising agencies
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0754496088
Also 9925:BE0754496088
Registered 20-10-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.