Creative Coding
ActiveSummary
Creative Coding has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €236,366 and a net result of €98,457. Equity is growing by about 67% per year across the filed financial years. Its solvency ranks better than 80% of 467 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €236,366
- Profit
- €98,457
Why 98lowers riskLiquidity: current ratio 5.98, cash €221,788Sector: Computer programming, consultancy and related activities (NACE 62)Equity €236,366 (85.2% of total assets)Size: total assets €277,367Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 88% on liquidity, 82% on profitability and 85% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 71 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Highest result from 2024 to 2026net €98,457 ▲11.6%
- Equity above €200,000equity €236,366 ▲71.4%
Financials · financial year 2026, micro format
2024 to 2026, 3 financial years
The operating result has risen two years in a row; 2026 is 11% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €371 | €10,807 | €10,807 | = |
| Other operating charges640/8 | - | €126 | €253 | ▲ 101% |
| Gross operating margin9900 | €64,383 | €124,146 | €136,510 | ▲ 10.0% |
| Operating profit (loss)9901 | €64,012 | €113,213 | €125,450 | ▲ 10.8% |
| Financial income75/76B | - | - | €1,401 | - |
| Recurring financial income75 | - | - | €1,401 | - |
| Financial charges65/66B | €6 | €39 | €78 | ▲ 100% |
| Recurring financial charges65 | €6 | €39 | €78 | ▲ 100% |
| Profit (loss) for the period before taxes9903 | €64,006 | €113,174 | €126,773 | ▲ 12.0% |
| Income taxes67/77 | €13,919 | €24,968 | €28,316 | ▲ 13.4% |
| Profit (loss) for the period9904 | €50,087 | €88,206 | €98,457 | ▲ 11.6% |
| Profit (loss) for the period to be appropriated9905 | €50,087 | €88,206 | €98,457 | ▲ 11.6% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €76,883 | €183,136 | €277,367 | ▲ 51.5% |
| Fixed assets21/28 | €53,664 | €42,857 | €32,050 | ▼ 25.2% |
| Tangible fixed assets22/27 | €53,664 | €42,857 | €32,050 | ▼ 25.2% |
| Plant, machinery and equipment23 | €1,988 | €1,568 | €1,148 | ▼ 26.8% |
| Furniture and vehicles24 | €51,675 | €41,288 | €30,901 | ▼ 25.2% |
| Current assets29/58 | €23,219 | €140,279 | €245,318 | ▲ 74.9% |
| Amounts receivable within one year40/41 | €16,940 | €19,058 | €20,327 | ▲ 6.7% |
| Trade receivables40 | €16,940 | €19,058 | €20,327 | ▲ 6.7% |
| Current investments50/53 | - | €100,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3,144 | €18,239 | €221,788 | ▲ 12× |
| Deferred charges and accrued income490/1 | €3,135 | €2,983 | €3,203 | ▲ 7.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €76,883 | €183,136 | €277,367 | ▲ 51.5% |
| Equity10/15 | €51,421 | €137,909 | €236,366 | ▲ 71.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €48,421 | €134,909 | €233,366 | ▲ 73.0% |
| Distributable reserves133 | €48,421 | €134,909 | €233,366 | ▲ 73.0% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €25,462 | €45,227 | €41,001 | ▼ 9.3% |
| Amounts payable within one year42/48 | €25,462 | €45,227 | €41,001 | ▼ 9.3% |
| Trade debts44 | - | - | €10 | - |
| Suppliers440/4 | - | - | €10 | - |
| Taxes, remuneration and social security45 | €18,593 | €33,575 | €37,431 | ▲ 11.5% |
| Taxes450/3 | €18,593 | €33,575 | €37,431 | ▲ 11.5% |
| Other amounts payable47/48 | €6,869 | €11,652 | €3,561 | ▼ 69.4% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,087 | €88,206 | €98,457 | ▲ 11.6% |
| + Depreciation and write-downs630 | €371 | €10,807 | €10,807 | = |
| Operating cash flow (approximation) | €50,458 | €99,013 | €109,264 | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €15,095 | €203,548 | ▲ 13× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | micro format | 17-08-2026 | 2026-00400806 |
| 30-06-2025 | micro format | 14-01-2026 | 2026-00007433 |
| 30-06-2024 | micro format | 02-01-2025 | 2025-00628567 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DECRUW Anouschka Melissa |
|
| SCHOTTE Tim Philippe |
|
Owners and capital
Capital and shareholders
- SCHOTTE Tim Philippe €3,000 · “gedeponeerd voorafgaandelijk aan oprichting op bijzondere rekening geopend namens vennootschap in oprichting”
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-10-2023 Incorporation · €3,000
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-10
Gazette deed
IncorporationAppointments: SCHOTTE Tim Philippe (statutory director) and DECRUW Anouschka Melissa (statutory director) · Founder · Founding capital8 facts ▸
- Incorporation, 28-09-2023
- Founder, SCHOTTE Tim Philippe
- Founding capital, €3,000
- Capital contribution, €3,000
- Share issue, 1000, “vergoeding voor inbreng” (deed in Dutch)
- Director appointment, SCHOTTE Tim Philippe (statutory director)
- Director appointment, DECRUW Anouschka Melissa (statutory director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37010E0306/00D005 | Flanders | 474 m² | 1 · 151 m² | 7.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “In het algemeen de activiteiten betreffende ICT en computerprogramma’s (software)in de breedste zin van de woorden,zoals onder meer,maar…” (deed in Dutch)
30 activities (deed in Dutch)
- In het algemeen de activiteiten betreffende ICT en computerprogramma’s (software)in de breedste zin van de woorden,zoals onder meer,maar niet beperkt tot,het ontwerpen en programmeren van computerprogramma's (software development).
- Alle activiteiten en diensten betreffende informatietechnologie,ICT en computerprogramma’s,zoals het verlenen van advies over computers en software,alsook analyseren van behoeften en problemen van de gebruiker en het aanbieden van diverse oplossingen,zowel aan bedrijven als aan privépersonen.
- De commercialisatie van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
- Het in licentie nemen en geven van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
- De uitgeverij van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
- De commercialisatie van software en ERP-pakketten,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
- In het bijzonder de ontwikkeling van nieuwe software,alsook de verbetering van bestaande software.
- Deze software kan verhandeld worden op afstand via internet of fysiek aan de hand van elektronische gegevensdragers.
- De installatie van hard- en software.
- De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van software.
- De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van computers,randapparatuur en alle toebehoren.
- De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van allerlei producten via het internet (e-commerce).
- De dienstverlening betreffende onderhavig voorwerp;het verlenen van diensten gepaard gaande met de verkoop en de installatie van software en hardware.
- Het geven van opleidingen,seminaries,voordrachten,infosessies en alle andere vormen van onderwijs,zowel bij derden als op een locatie voorzien door de vennootschap,zowel individueel als in groepen.
- Gegevensverwerking en overige activiteiten in verband met computers en software.
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
- De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.
- Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap kan eveneens optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
- Het beleggen,intekenen op,vast overnemen,plaatsen,kopen en verhandelen van aandelen,deelbewijzen,obligaties,kasbons,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi)publiekrechtelijk statuut.
- Het beheer van het patrimonium bestaande uit eigen roerende en onroerende goederen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen en roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de (on)roerende goederen te bevorderen.
- De expertise,het beheer,het valoriseren en het laten bouwen of verbouwen van onroerende goederen van alle aard,alsmede de coördinatie van de leiding van dergelijke werken,het opvatten,maken en uitwerken alle studies,ontwerpen en plannen.
- Elk marktonderzoek,promotie,raadgeving,prospectie,marketing,techno consult,assistentie op gebied van management,engineering en consulting;technisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies.
- De publiciteit,reclame,marketing en algemene communicatie onder alle vormen evenals alle werken die voor de verwezenlijking hiervan noodzakelijk zijn,zonder enige beperking.
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
- Het ontwikkelen,kopen,verkopen,beheer,in waarde stellen,in licentie nemen of geven van brevetten,octrooien,knowhow en andere intellectuele rechten.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,tussenpersoon in de handel.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Creative Coding
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Wijk Kalberg 16a:8780 Oostrozebeke” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Geheel van bevoegdheden van bestuurders aan hem toegekend met mogelijkheid deel te delegeren, iedere bestuurder,alleen optredend,mag alle…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk recht in winstverdeling, gelijk recht in vereffeningsaldo” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of December at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Krachtens statuten, bevoegdheden omlijnen” (deed in Dutch)