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CREATIVE CONSTRUCTION and RENOVATION

Active
Public limited companyfounded 1977active for 49 yearsMolenweidestraat(HEU) 24, 9070 Destelbergen, BelgiumKBO/BCE: BE 0417.751.185
Summary

CREATIVE CONSTRUCTION and RENOVATION has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.1m and a net result of €23.5m, of which €22.7m non-recurring income. Equity is shrinking by about 6.6% per year across the filed financial years. Its solvency ranks better than 41% of 5,766 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
CREATIVE CONSTRUCTION and RENOVATIONActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121
3rd largest company by total assets in Destelbergen, Real estate sector1 site
Size
€42.0mtotal assets 2025
Equity
€12.1m
Profit
€23.5m
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
FLODER · 82.47%
2025 accounts 9 days early13 deeds in the Belgian Official Gazette
Why 97raises riskLiquidity: current ratio 3.86, cash €90,937, halvedlowers riskSize: total assets €42.0mFounded in 1977Figures for financial year 2025 (filed 22-07-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 68, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 54+54
equity 28.8% of total assets
Liquidity 49-1
short-term debt 11.7% · cash 0.2%
Profitability 100+100
return on assets 55.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,719 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.4 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.86, compared with 4.61 in 2024, above the usual 1.5; short-term debt: 11.7% and cash: 0.2% of total assets), but 71.2% of the assets are financed with debt and provisions.
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 68, medium-sized): better than 51% on solvency, 45% on liquidity, 99% on profitability and 96% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.86, cash €90,937, halved
NBB · annual accounts
lowers risk · Size: total assets €42.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 22-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
16 days early
2023
13 days early
2022
55 days early
2021
17 days early
2020
43 days early
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €23.5m
  3. Equity above €10mequity €12.1m

Key points

  • Positive: Back in profit in 2025after -€52.6m in 2024 €23.5m View
  • Positive: Among the best 5% on net resultsector median €20,550 · 5,772 companies €23.5m View
  • Controlled by FLODERultimately: HOTEL DE FLANDRE 82.47% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Active since 1977founded 09-09-1977 49 years View

By topic

Financials

Financial year
2025
Total assets
€42.0m
Profit
€23.5m
Solvency
28.8%
Total assets▲ 0.4%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1979
Next accounts
by 31-07-2027
  1. 15-07-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 18-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
09-09-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CREATIVE CONSTRUCTION and RENOVATION

What is the company number of CREATIVE CONSTRUCTION and RENOVATION?
0417.751.185. In Belgium the VAT number is the company number with BE in front: BE 0417.751.185.
Where is CREATIVE CONSTRUCTION and RENOVATION based?
The registered office is at Molenweidestraat(HEU) 24, 9070 Destelbergen.Company details
What does CREATIVE CONSTRUCTION and RENOVATION do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of CREATIVE CONSTRUCTION and RENOVATION?
Public limited company (NV).
When was CREATIVE CONSTRUCTION and RENOVATION founded?
On 09-09-1977.
Is CREATIVE CONSTRUCTION and RENOVATION still active?
Yes, CREATIVE CONSTRUCTION and RENOVATION is an active enterprise in the KBO register.
What is the turnover of CREATIVE CONSTRUCTION and RENOVATION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CREATIVE CONSTRUCTION and RENOVATION profitable?
In financial year 2025, CREATIVE CONSTRUCTION and RENOVATION made a profit of €23.5m.
Where can I find the annual accounts of CREATIVE CONSTRUCTION and RENOVATION?
CREATIVE CONSTRUCTION and RENOVATION filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREATIVE CONSTRUCTION and RENOVATION due?
By 31-07-2027, for financial year 2026.Timeline

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