CREATIVE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CREATIVE CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €34k and a net result of €-4k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 27965 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-9
Solvency77▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 4.12 in 2024; short-term debt: 29% and cash: 23.7% of total assets), and 48.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
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 2025Solvency, return and age of the figures
Solvency
51.7%
Return on assets
-5.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
10 d late
2024
70 d early
2023
46 d early
2022
17 d early
2021
37 d early
2020
3 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 10.3%
2024 · €38k
2018: €18klowest in 8 years
2019: €18k▲ +0.4% vs 2018
2020: €25k▲ +40.5% vs 2019
2021: €26k▲ +3.2% vs 2020
2022: €31k▲ +22.6% vs 2021
2023: €37k▲ +17.8% vs 2022
2024: €38k▲ +1.7% vs 2023highest in 8 years
2025: €34k▼ -10.3% vs 2024
2018 → 2025
Total assets
€65k▲ 0.9%
2024 · €65k
2018: €31k
2019: €31k▼ -0.6% vs 2018lowest in 8 years
2020: €46k▲ +46.4% vs 2019
2021: €36k▼ -20.8% vs 2020
2022: €41k▲ +12.7% vs 2021
2023: €68k▲ +66.8% vs 2022highest in 8 years
2024: €65k▼ -5.0% vs 2023
2025: €65k▲ +0.9% vs 2024
2018 → 2025
Net result
€-4k
2024 · €639
2018: €8khighest in 8 years
2019: €67▼ -99.2% vs 2018
2020: €7k▲ +10557% vs 2019
2021: €803▼ -88.8% vs 2020
2022: €6k▲ +620% vs 2021
2023: €6k▼ -3.0% vs 2022
2024: €639▼ -88.6% vs 2023
2025: €-4k▼ -706% vs 2024lowest in 8 years
2018 → 2025
Working capital
€36k▲ 18.5%
2024 · €30k
2018: €2klowest in 8 years
2019: €10k▲ +381% vs 2018
2020: €20k▲ +98.7% vs 2019
2021: €21k▲ +1.9% vs 2020
2022: €25k▲ +18.9% vs 2021
2023: €19k▼ -22.0% vs 2022
2024: €30k▲ +57.9% vs 2023
2025: €36k▲ +18.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€31k▲ 22.6%€37k▲ 17.8%€38k▲ 1.7%€34k▼ 10.3%
2021: €26klowest in 5 years
2022: €31k▲ +22.6% vs 2021
2023: €37k▲ +17.8% vs 2022
2024: €38k▲ +1.7% vs 2023highest in 5 years
2025: €34k▼ -10.3% vs 2024
Operating result€1k-€7k▲ 515%€8k▲ 10.7%€3k▼ 64.7%€-2k
2021: €1k
2022: €7k▲ +515% vs 2021
2023: €8k▲ +10.7% vs 2022highest in 5 years
2024: €3k▼ -64.7% vs 2023
2025: €-2k▼ -186% vs 2024lowest in 5 years
Net result€803-€6k▲ 620%€6k▼ 3.0%€639▼ 88.6%€-4k
2021: €803
2022: €6k▲ +620% vs 2021highest in 5 years
2023: €6k▼ -3.0% vs 2022
2024: €639▼ -88.6% vs 2023
2025: €-4k▼ -706% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€10k ▼ 57.9%
Current assets
€55k ▲ 36.8%
Equity and liabilities €65k
Equity
€34k ▼ 10.3%
Debt
€32k ▲ 16.5%
Debt's share of the balance-sheet total rises from 41.8% to 48.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▼
2024 · €19k
Cash flow
€10k▼
2024 · €17k
Current ratio
2.91▼
2024 · 4.12
Debt to equity
0.93▲
2024 · 0.72
ROE
-11.4%▼
2024 · 1.7%
ROA
-5.9%▼
2024 · 1.0%
Interest coverage
8.37▼
2024 · 12.38
Debt ≤ 1 year
€19k▲
2024 · €10k
Debt > 1 year
€13k▼
2024 · €17k
Income taxes
€52▼
2024 · €691
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€65k€65k▲
Fixed assets21/28€25k€10k▼
Tangible fixed assets22/27€24k€10k▼
Furniture and vehicles24€24k€10k▼
Financial fixed assets28€65€65=
Current assets29/58€40k€55k▲
Amounts receivable within one year40/41€22k€36k▲
Trade receivables40€15k€35k▲
Other amounts receivable41€7k€513▼
Cash at bank and in hand54/58€16k€15k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€65k€65k▲
Equity10/15€38k€34k▼
Contributions10/11€9k€9k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€27k€23k▼
Amounts payable17/49€27k€32k▲
Amounts payable after more than one year17€17k€13k▼
Financial debts170/4€17k€13k▼
Amounts payable within one year42/48€10k€19k▲
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€519€13k▲
Suppliers440/4€519€13k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-2k
Other operating charges640/8€2k€2k▲
Gross operating margin9900€21k€12k▼
Operating profit (loss)9901€3k€-2k▼
Financial income75/76B€29€11▼
Recurring financial income75€29€11▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€1k€-4k▼
Income taxes67/77€691€52▼
Profit (loss) for the period9904€639€-4k▼
Profit (loss) for the period to be appropriated9905€639€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€23k▼
Profit (loss) brought forward from the previous period14P€26k€27k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €11k | €17k | €14k | ▼ 16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | - | - | €-2k | - |
| Other operating charges640/8 | €616 | €677 | €717 | €2k | €2k | ▲ 16.9% |
| Gross operating margin9900 | €5k | €13k | €19k | €21k | €12k | ▼ 43.7% |
| Operating profit (loss)9901 | €1k | €7k | €8k | €3k | €-2k | ▼ 186% |
| Financial income75/76B | €316 | €455 | €354 | €29 | €11 | ▼ 60.8% |
| Recurring financial income75 | €316 | €455 | €354 | €29 | €11 | ▼ 60.8% |
| Financial charges65/66B | €326 | €241 | €1k | €2k | €1k | ▼ 14.1% |
| Recurring financial charges65 | €326 | €241 | €1k | €2k | €1k | ▼ 14.1% |
| Profit (loss) for the period before taxes9903 | €1k | €8k | €7k | €1k | €-4k | ▼ 387% |
| Income taxes67/77 | €380 | €2k | €2k | €691 | €52 | ▼ 92.5% |
| Profit (loss) for the period9904 | €803 | €6k | €6k | €639 | €-4k | ▼ 706% |
| Profit (loss) for the period to be appropriated9905 | €803 | €6k | €6k | €639 | €-4k | ▼ 706% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €41k | €68k | €65k | €65k | ▲ 0.9% |
| Fixed assets21/28 | €9k | €7k | €40k | €25k | €10k | ▼ 57.9% |
| Tangible fixed assets22/27 | €9k | €7k | €39k | €24k | €10k | ▼ 58.1% |
| Furniture and vehicles24 | €9k | €7k | €39k | €24k | €10k | ▼ 58.1% |
| Financial fixed assets28 | €65 | €65 | €65 | €65 | €65 | = |
| Current assets29/58 | €27k | €34k | €29k | €40k | €55k | ▲ 36.8% |
| Amounts receivable within one year40/41 | €20k | €12k | €11k | €22k | €36k | ▲ 61.9% |
| Trade receivables40 | €13k | €707 | €1k | €15k | €35k | ▲ 128% |
| Other amounts receivable41 | €7k | €12k | €9k | €7k | €513 | ▼ 92.2% |
| Cash at bank and in hand54/58 | €7k | €21k | €17k | €16k | €15k | ▼ 4.0% |
| Deferred charges and accrued income490/1 | €353 | €482 | €502 | €2k | €4k | ▲ 88.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €41k | €68k | €65k | €65k | ▲ 0.9% |
| Equity10/15 | €26k | €31k | €37k | €38k | €34k | ▼ 10.3% |
| Contributions10/11 | €9k | €9k | €9k | €9k | €9k | = |
| Outside capital11 | €9k | €9k | - | - | - | - |
| Other1109/19 | €9k | €9k | - | - | - | - |
| Reserves13 | €823 | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €823 | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €823 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €16k | €20k | €26k | €27k | €23k | ▼ 14.5% |
| Amounts payable17/49 | €11k | €9k | €31k | €27k | €32k | ▲ 16.5% |
| Amounts payable after more than one year17 | €4k | €561 | €22k | €17k | €13k | ▼ 27.2% |
| Financial debts170/4 | €4k | €561 | €22k | €17k | €13k | ▼ 27.2% |
| Amounts payable within one year42/48 | €7k | €9k | €9k | €10k | €19k | ▲ 94.1% |
| Current portion of amounts payable after more than one year42 | €3k | €3k | €5k | €4k | €5k | ▲ 6.0% |
| Trade debts44 | €3k | €3k | €976 | €519 | €13k | ▲ 2,427% |
| Suppliers440/4 | €3k | €3k | €976 | €519 | €13k | ▲ 2,427% |
| Taxes, remuneration and social security45 | €380 | €2k | €4k | €5k | €1k | ▼ 76.6% |
| Taxes450/3 | €380 | €2k | €4k | €5k | €1k | ▼ 76.6% |
| Accrued charges and deferred income492/3 | €85 | - | €47 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €803 | €6k | €6k | €639 | €-4k | ▼ 706% |
| + Depreciation and write-downs630 | €3k | €3k | €11k | €17k | €14k | ▼ 16.8% |
| Operating cash flow (approximation) | €4k | €9k | €16k | €17k | €10k | ▼ 42.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-43k | €-2k | €460 | ▲ 131% |
| Change in cash | - | €14k | €-4k | €-1k | €-653 | ▲ 45.1% |
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2017
Ground area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
312
companies at this address
See who is registered here
1 establishment unit
CREATIVE CONSTRUCT
since 20172.267.403.209
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 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. 5,793 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
Founded01-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
43240Other construction installation
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.