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CREATIVE GREEN

Active
Private limited companyfounded 201313 yrs activeVorstlaan 90, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0536.722.081
Summary

The computed 12-month bankruptcy probability of CREATIVE GREEN is 6.1% (elevated). The 2025 annual accounts show negative equity (-€16,217) and a net result of -€14,555. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4665 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Landscape service activities
NACE 81300
3 sites
How big
€5,084total assets 2025
Equity
-€16,217
Loss
-€14,555
Financially healthy?
12 Critical Checked score 2025
Bankruptcy chance 12 m
6.1%
Who decides
Accounts 60 d early1 of 7 deeds read
Why 12- Annual accounts: weaker financial profile- Higher-failure-rate region- Higher-failure-rate sector- Multiple establishment units- Negative equity+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.7 in 2024; short-term debt: 419% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-319%
Return on assets
-286.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€16,217
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
42 d early
2023
49 d early
2022
32 d early
2021
61 d early
2020
43 d early
2019
36 d early
← 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 46 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €5,084Loss -€14,555Solvency -319.0%Liquidity 0.09
Total assets
€5,084▼ 74.0%
2018 - 2025
Net result
-€14,555▲ 55.1%
2018 - 2025
Equity
-€16,217▼ 876%
2018 - 2025
Staff (FTE)
0.8▼ 66.7%
2018 - 2023

Financials · fiscal year 2025, micro schema

Trend over the years8 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€12,177▼ 69.7%€4,924▼ 59.6%-€59,199-€31,580▲ 46.7%-€14,404▲ 54.4%
Net result€8,754within the sector's middle half▼ 67.9%€1,951within the sector's middle half▼ 77.7%-€59,090below the sector's middle half-€32,441below the sector's middle half▲ 45.1%-€14,555below the sector's middle half▲ 55.1%
Equity€87,917within the sector's middle half▲ 11.1%€89,869within the sector's middle half▲ 2.2%€30,779within the sector's middle half▼ 65.8%-€1,662below the sector's middle half-€16,217below the sector's middle half▼ 876%
Total assets€125,916within the sector's middle half▲ 13.9%€155,716within the sector's middle half▲ 23.7%€75,878within the sector's middle half▼ 51.3%€19,576below the sector's middle half▼ 74.2%€5,084below the sector's middle half▼ 74.0%
Debt€37,998▲ 21.1%€65,848▲ 73.3%€45,099▼ 31.5%€21,238▼ 52.9%€21,300▲ 0.3%
Working capital€61,568within the sector's middle half▼ 12.1%€48,178within the sector's middle half▼ 21.7%€1,348within the sector's middle half▼ 97.2%-€6,156below the sector's middle half-€19,349below the sector's middle half▼ 214%
Solvency69.8%above the sector's middle half▼ 1.8pp57.7%within the sector's middle half▼ 12.1pp40.6%within the sector's middle half▼ 17.1pp-8.5%below the sector's middle half▼ 49.1pp-319.0%below the sector's middle half▼ 310.5pp
Current ratio3.18above the sector's middle half▼ 0.652.39within the sector's middle half▼ 0.791.06within the sector's middle half▼ 1.330.70below the sector's middle half▼ 0.360.09below the sector's middle half▼ 0.61
Return on assets (ROA)7.0%within the sector's middle half▼ 17.7pp1.3%within the sector's middle half▼ 5.7pp-77.9%below the sector's middle half▼ 79.1pp-165.7%below the sector's middle half▼ 87.8pp-286.3%below the sector's middle half▼ 120.6pp
Staff (FTE)1.7▲ 183%2.4▲ 41.2%0.8▼ 66.7%
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: €12,177€12,177Net result 2021: €8,754€8,754Operating result 2022: €4,924€4,924Net result 2022: €1,951€1,951Operating result 2023: -€59,199-€59,199Net result 2023: -€59,090-€59,090Operating result 2024: -€31,580-€31,580Net result 2024: -€32,441-€32,441Operating result 2025: -€14,404-€14,404Net result 2025: -€14,555-€14,55520212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€59,199-€59,200Net result 2023: -€59,090Operating result 2024: -€31,580-€31,600Net result 2024: -€32,441-€32,400Operating result 2025: -€14,404-€14,400Net result 2025: -€14,555-€14,600202320242025
The operating result stays negative: a loss of €14,404 in 2025 against €31,580 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,084
Fixed assets €3,132 ▼ 39.5%
Current assets €1,952 ▼ 86.4%
Equity and liabilities
Equity-€16,217
Debt€21,300
Equity is negative: debt (€21,300) exceeds the balance-sheet total (€5,084).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€10,514▲
2024 · -€26,144
Cash flow
-€10,665▲
2024 · -€27,005
Interest coverage
-69.94▼
2024 · -30.24
Debt ≤ 1 year
€21,300▲
2024 · €20,553
Staff costs
€2,038▲
2024 · -€887
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 6,906 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€19,576€5,084▼
Fixed assets21/28€5,179€3,132▼
Tangible fixed assets22/27€5,089€3,132▼
Plant, machinery and equipment23€1,842€1,218▼
Furniture and vehicles24€3,247€1,914▼
Financial fixed assets28€90-
Current assets29/58€14,397€1,952▼
Amounts receivable within one year40/41€2,997€351▼
Trade receivables40€945-
Other amounts receivable41€2,052€351▼
Cash at bank and in hand54/58€8,649€7▼
Deferred charges and accrued income490/1€2,751€1,594▼
Equity and liabilities
Total equity and liabilities10/49€19,576€5,084▼
Equity10/15-€1,662-€16,217▼
Contributions10/11€18,600€18,600=
Reserves13€70,236€70,236=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€68,376€68,376=
Profit (loss) carried forward14-€90,498-€105,052▼
Amounts payable17/49€21,238€21,300▲
Amounts payable after more than one year17€685-
Financial debts170/4€685-
Amounts payable within one year42/48€20,553€21,300▲
Current portion of amounts payable after more than one year42€2,039€685▼
Trade debts44€9,369€13,881▲
Suppliers440/4€9,369€13,881▲
Taxes, remuneration and social security45€8,998€31▼
Taxes450/3€7,492€31▼
Remuneration and social security454/9€1,506-
Other amounts payable47/48€147€6,704▲
Income statement Code20242025
Remuneration, social security and pensions62-€887€2,038▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,436€3,890▼
Other operating charges640/8€649€1,621▲
Non-recurring operating charges66A€10,160-
Gross operating margin9900-€16,222-€6,856▲
Operating profit (loss)9901-€31,580-€14,404▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€865€150▼
Recurring financial charges65€865€150▼
Profit (loss) for the period before taxes9903-€32,441-€14,555▲
Profit (loss) for the period9904-€32,441-€14,555▲
Profit (loss) for the period to be appropriated9905-€32,441-€14,555▲
Appropriation of the result
Profit (loss) to be appropriated9906-€90,498-€105,052▼
Profit (loss) brought forward from the previous period14P-€58,057-€90,498▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€28,775€53,183€10,861-€887€2,038▲ 330%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,110€17,267€13,396€5,436€3,890▼ 28.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,000-€2,500---
Other operating charges640/8€1,804€1,266€1,533€649€1,621▲ 150%
Non-recurring operating charges66A-€6,329€8,728€10,160--
Gross operating margin9900€51,866€87,969-€27,181-€16,222-€6,856▲ 57.7%
Operating profit (loss)9901€12,177€4,924-€59,199-€31,580-€14,404▲ 54.4%
Financial income75/76B€428€36€14€4--
Recurring financial income75€428€36€14€4--
Financial charges65/66B€351€1,082€901€865€150▼ 82.6%
Recurring financial charges65€351€1,082€901€865€150▼ 82.6%
Profit (loss) for the period before taxes9903€12,254€3,878-€60,086-€32,441-€14,555▲ 55.1%
Income taxes67/77€3,500€1,927-€996---
Profit (loss) for the period9904€8,754€1,951-€59,090-€32,441-€14,555▲ 55.1%
Profit (loss) for the period to be appropriated9905€8,754€1,951-€59,090-€32,441-€14,555▲ 55.1%
Line20212022202320242025Change
Assets
Total assets20/58€125,916€155,716€75,878€19,576€5,084▼ 74.0%
Fixed assets21/28€36,141€72,898€50,774€5,179€3,132▼ 39.5%
Tangible fixed assets22/27€36,051€72,808€50,684€5,089€3,132▼ 38.5%
Plant, machinery and equipment23€18,388€56,223€44,694€1,842€1,218▼ 33.9%
Furniture and vehicles24€17,664€13,542€5,990€3,247€1,914▼ 41.0%
Other tangible fixed assets26-€3,043----
Financial fixed assets28€90€90€90€90--
Current assets29/58€89,774€82,818€25,104€14,397€1,952▼ 86.4%
Amounts receivable within one year40/41€56,286€76,466€18,565€2,997€351▼ 88.3%
Trade receivables40€49,355€61,396€3,760€945--
Other amounts receivable41€6,931€15,070€14,805€2,052€351▼ 82.9%
Cash at bank and in hand54/58€31,239€2,001€3,217€8,649€7▼ 99.9%
Deferred charges and accrued income490/1€2,249€4,351€3,322€2,751€1,594▼ 42.1%
Equity and liabilities
Total equity and liabilities10/49€125,916€155,716€75,878€19,576€5,084▼ 74.0%
Equity10/15€87,917€89,869€30,779-€1,662-€16,217▼ 876%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€68,284€70,236€70,236€70,236€70,236=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€66,424€68,376€68,376€68,376€68,376=
Profit (loss) carried forward14€1,033€1,033-€58,057-€90,498-€105,052▼ 16.1%
Amounts payable17/49€37,998€65,848€45,099€21,238€21,300▲ 0.3%
Amounts payable after more than one year17€9,792€31,207€21,237€685--
Financial debts170/4€9,792€31,207€21,237€685--
Amounts payable within one year42/48€28,207€34,640€23,756€20,553€21,300▲ 3.6%
Current portion of amounts payable after more than one year42€5,609€12,845€9,971€2,039€685▼ 66.4%
Trade debts44€15,232€12,629€8,369€9,369€13,881▲ 48.2%
Suppliers440/4€15,232€12,629€8,369€9,369€13,881▲ 48.2%
Taxes, remuneration and social security45€7,101€3,927€5,307€8,998€31▼ 99.7%
Taxes450/3€4,305€195€706€7,492€31▼ 99.6%
Remuneration and social security454/9€2,796€3,732€4,601€1,506--
Other amounts payable47/48€265€5,240€110€147€6,704▲ 4,469%
Accrued charges and deferred income492/3--€106---
Line20212022202320242025Change
Profit (loss) for the period9904€8,754€1,951-€59,090-€32,441-€14,555▲ 55.1%
+ Depreciation and write-downs630€9,110€17,267€13,396€5,436€3,890▼ 28.4%
Operating cash flow (approximation)€17,864€19,218-€45,694-€27,005-€10,665▲ 60.5%
Investment in fixed assets (approximation)--€54,024€8,728€40,160-€1,843▼ 105%
Change in cash--€29,238€1,216€5,433-€8,642▼ 259%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,212 companies in this sector we hold annual accounts for 4,372. See the whole sector

Timeline

13 eventsLatest 08-07-2026Next filing 31-07-2027

History

On 11 July 2013, CREATIVE GREEN was incorporated.1 In 2026 the registered office moved to Bruxelles.2 Total assets went from €73,614 in 2018 to €5,084 in 2025 and headcount from 1.1 full-time equivalents in 2018 to 0.8 in 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-07-2026
  3. 3National Bank, annual accounts 2018, 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 18-05-2026
  • Registered-office move, Boulevard du Souverain 90 à 1170 Bruxelles
01-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€59,090
Net result drops to -€59,090, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €27,236 ▲69.9%
Operating result €40,179, net result €27,236, both a record.
25-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
17-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 11-07-2013Year ends 31-12Peppol reachable3 sites

Register details

Identification
Legal formPrivate limited company
Founded11-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
85510Sports and recreation education
Contact
E-mail contact@creativegreen.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0536722081
Also 9925:BE0536722081
Registered 12-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 3 establishment units since 2013
seat establishment approximate All 3 establishment units on the map
Ground area
1,515 m²
Building footprint
467 m²
Volume, LiDAR
2,820 m³
3 parcels, Brussels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
52 companies at this address See who is registered here
3 establishment units
Creative Green
Vorstlaan 90, 1170 Watermaal-BosvoordeCrop and animal production, hunting and related service activities
since 2013unit no. 2.220.958.124
CREATIVE GREEN
Frankveld 43+45, 1620 DrogenbosLogging
since 2022unit no. 2.336.376.939
Creative Wave/Creative Dive
Hollebeekstraat 257, 1630 LinkebeekFishing and aquaculture
since 2022unit no. 2.336.377.236
3 parcels
Flanders 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0296/00R003 Brussels 637 m² 1 · 105 m² 13.1 m · 3 fl.
22003C0218/00Z002 Flanders 511 m² 1 · 279 m² 10.2 m · 1 fl.
22001B0237/00A002 Flanders 367 m² 1 · 83 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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