CREATIVE ENTERPRISES CONSULTANTS
Open bankruptcyA bankruptcy procedure is open for CREATIVE ENTERPRISES CONSULTANTS according to publications in the Belgian State Gazette; curator: Ali HEERMAN. The 2022 annual accounts show equity of €224k and a net result of €-2k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, micro schema
Equity
€224k▼ 1.1%
2021 · €226k
2018: €165k
2019: €170k
2020: €194k
2021: €226k
2018 → 2022
Total assets
€692k▼ 4.6%
2021 · €726k
2018: €832k
2019: €713k
2020: €715k
2021: €726k
2018 → 2022
Net result
€-2k
2021 · €32k
2018: €17k
2019: €5k
2020: €-302
2021: €32k
2018 → 2022
Working capital
€96k▼ 25.6%
2021 · €129k
2018: €79k
2019: €68k
2020: €81k
2021: €129k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€165k-€170k▲ 2.9%€194k▲ 14.2%€226k▲ 16.4%€224k▼ 1.1%
Operating result€51k-€41k▼ 19.0%€23k▼ 44.2%€64k▲ 180%€31k▼ 51.2%
Net result€17k-€5k▼ 72.8%€-302€32k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 51% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €692k
Fixed assets
€440k▼ 3.5%
Current assets
€252k▼ 6.6%
Equity and liabilities €692k
Equity
€224k▼ 1.1%
Provisions
€31k▼ 4.1%
Debt
€437k▼ 6.4%
The debt ratio falls from 64.4% to 63.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€49k▼
2021 · €82k
Cash flow
€15k▼
2021 · €50k
Solvency
32.3%▲
2021 · 31.2%
Current ratio
1.62▼
2021 · 1.92
Quick ratio
1.62▼
2021 · 1.92
Debt / equity
1.95▼
2021 · 2.07
ROE
-1.1%▼
2021 · 14.1%
ROA
-0.4%▼
2021 · 4.4%
Interest coverage
2.46▼
2021 · 4.96
Debt
€437k▼
2021 · €467k
Debt ≤ 1 year
€156k▲
2021 · €141k
Debt > 1 year
€281k▼
2021 · €326k
Income taxes
€16k▼
2021 · €17k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€726k€692k▼
Fixed assets21/28€455k€440k▼
Tangible fixed assets22/27€455k€439k▼
Land and buildings22€449k€433k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€180€180=
Current assets29/58€270k€252k▼
Amounts receivable within one year40/41€270k€252k▼
Trade receivables40€12k€3k▼
Other amounts receivable41€258k€250k▼
Equity and liabilities
Total equity and liabilities10/49€726k€692k▼
Equity10/15€226k€224k▼
Contributions10/11€19k€19k=
Reserves13€206k€204k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€129k€124k▼
Distributable reserves133€75k€78k▲
Profit (loss) carried forward14€1k€1k=
Provisions and deferred taxes16€32k€31k▼
Deferred taxes168€32k€31k▼
Amounts payable17/49€467k€437k▼
Amounts payable after more than one year17€326k€281k▼
Financial debts170/4€326k€281k▼
Amounts payable within one year42/48€141k€156k▲
Current portion of amounts payable after more than one year42€45k€46k▲
Financial debts43€30k€20k▼
Credit institutions430/8€30k€20k▼
Trade debts44€26k€19k▼
Suppliers440/4€26k€19k▼
Taxes, remuneration and social security45€40k€71k▲
Taxes450/3€40k€71k▲
Income statement
Code20212022
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€3k€4k▲
Gross operating margin9900€89k€56k▼
Operating profit (loss)9901€64k€31k▼
Financial income75/76B-€509
Recurring financial income75-€509
Non-recurring financial income76B-€509
Financial charges65/66B€17k€20k▲
Recurring financial charges65€17k€20k▲
Profit (loss) for the period before taxes9903€48k€12k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€32k€-2k▼
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€37k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€4k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€37k€3k▼
To other reserves6921€37k€3k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · CREATIVE ENTERPRISES CONSULTANTS BV SCHOOLSTRAAT 2B/2, 9520 SINT-LIEVENS- HOUTEM · event 14-07-2026
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 442 days late
2022
31-12
Financial
Weakest financial yearnet €-2k ▼108%
Net result drops to €-2k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Equity above €200kEq €226k ▲16.4%
Equity rises from €194k to €226k.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 295 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
24-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 55 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
SignalFinancial 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, Sint-Lievens-Houtem · 1 establishment unit since 1999
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.
Schoolstraat 2B9520 Sint-Lievens-HoutemGround area
858 m²
Building footprint
252 m²
Volume, LiDAR
2,374 m³
Parcel 41063A0441/00B002, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Schoolstraat 2B, 9520 Sint-Lievens-Houtem
since 19992.102.921.990
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063A0441/00B002 | Flanders | 858 m² | 1 · 252 m² | 14.1 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ali HEERMAN EINESTRAAT 34, 9700 OUDENAARDE- |
14-07-2026 → present |
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,764 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-11-1993
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.