Creations Factory
ActiveCreations Factory has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-1k) and a net result of €5k. Equity is shrinking by ~71.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▲+28
Solvency25▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.49 against 2.54 in 2023; short-term debt: 28.3% and cash: 0.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2024Solvency, return and age of the figures
Solvency
-0.1%
Return on assets
0.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9518 sector peers (2024).
NBB · sector comparisonPosition among 9518 sector peers
Solvency
better than 14%
← weakest
strongest →
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 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
4 d early
2022
31 d early
2021
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-1k▲ 77.2%
2023 · €-6k
2021: €27k
2022: €26k
2023: €-6k
2021 → 2024
Total assets
€1.02M▲ 209%
2023 · €330k
2021: €59k
2022: €41k
2023: €330k
2021 → 2024
Net result
€5k
2023 · €-32k
2021: €27k
2022: €-1k
2023: €-32k
2021 → 2024
Working capital
€720k▲ 262%
2023 · €199k
2021: €26k
2022: €25k
2023: €199k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€27k-€26k▼ 4.4%€-6k€-1k▲ 77.2%
Operating result€37k-€-896€-32k▼ 3,435%€16k
Net result€27k-€-1k€-32k▼ 2,598%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €16k after a loss of €32k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€11k▲ 731%
Current assets
€1.01M▲ 207%
Key figures and ratios
EBITDA
€20k▲
2023 · €-31k
Cash flow
€9k▲
2023 · €-32k
Solvency
-0.1%▲
2023 · -1.9%
Current ratio
3.49▲
2023 · 2.54
Quick ratio
0.04▼
2023 · 0.22
ROA
0.5%▲
2023 · -9.8%
Interest coverage
1.84▲
2023 · -99.34
Debt
€1.02M▲
2023 · €336k
Debt ≤ 1 year
€289k▲
2023 · €130k
Debt > 1 year
€732k▲
2023 · €207k
A ratio outside any meaningful range has been withheld (balance sheet total €1.02M, equity €-1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€330k€1.02M▲
Fixed assets21/28€1k€11k▲
Tangible fixed assets22/27€1k€11k▲
Plant, machinery and equipment23€1k€964▼
Furniture and vehicles24€44€10k▲
Current assets29/58€329k€1.01M▲
Stocks and contracts in progress3€301k€998k▲
Stocks30/36€301k€998k▲
Amounts receivable within one year40/41€16k-
Trade receivables40€12k-
Other amounts receivable41€4k-
Current investments50/53-€1k
Cash at bank and in hand54/58€11k€8k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€330k€1.02M▲
Equity10/15€-6k€-1k▲
Contributions10/11€200€200=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-33k€-29k▲
Amounts payable17/49€336k€1.02M▲
Amounts payable after more than one year17€207k€732k▲
Financial debts170/4€207k€732k▲
Amounts payable within one year42/48€130k€289k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€27k€10k▼
Suppliers440/4€27k€10k▼
Taxes, remuneration and social security45€273€5k▲
Taxes450/3€273€5k▲
Other amounts payable47/48€102k€271k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€716€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-29k€22k▲
Operating profit (loss)9901€-32k€16k▲
Financial income75/76B€1€12▲
Recurring financial income75€1€12▲
Financial charges65/66B€312€11k▲
Recurring financial charges65€312€11k▲
Profit (loss) for the period before taxes9903€-32k€5k▲
Income taxes67/77€273-
Profit (loss) for the period9904€-32k€5k▲
Profit (loss) for the period to be appropriated9905€-32k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-29k▲
Profit (loss) brought forward from the previous period14P€-1k€-33k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
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.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pieter Jozef Nauwelaertsstraat 202600 AntwerpenGround area
655 m²
Building footprint
441 m²
Volume, LiDAR
1,592 m³
Parcel 11302A0099/00M008, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Creations Factory
since 20202.306.933.677
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0099/00M008 | Flanders | 655 m² | 1 · 441 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 6,377 EUR awarded · 6,377 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,673 EUR | 4,673 EUR |
| 2024 | 1 | 68 EUR | 68 EUR |
| 2023 | 1 | 1,636 EUR | 1,636 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 6,178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68121Development of residential building projects
43350Other building finishing work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.