CREATIVE INTERIOR DEVELOPMENT
ActiveSummary
CREATIVE INTERIOR DEVELOPMENT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €320k and a net result of €13k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The figures in the accounts for fiscal year 2024 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+5
Solvency50▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days only on tighter terms
Liquidity ample (current ratio 2.08 against 2.43 in 2023; short-term debt: 42.6% and cash: 18% of total assets), but 74.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2024Solvency, return and age of the figures
Solvency
25.1%
Return on assets
1%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 148 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 31-07-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
92 d late
2023
61 d late
2022
31 d late
2021
3 d late
2020
31 d late
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€2.02M
EBIT margin
2.8%
Net result
€13k▲ 889%
2023 · €1k
2018: €8k
2019: €73k▲ +788% vs 2018
2020: €17k▼ -76.2% vs 2019
2021: €85k▲ +392% vs 2020highest in 7 years
2022: €8k▼ -90.3% vs 2021
2023: €1k▼ -84.0% vs 2022lowest in 7 years
2024: €13k▲ +889% vs 2023
2018 → 2024
Working capital
€585k▲ 11.8%
2023 · €523k
2018: €377klowest in 7 years
2019: €450k▲ +19.4% vs 2018
2020: €745k▲ +65.5% vs 2019highest in 7 years
2021: €591k▼ -20.6% vs 2020
2022: €712k▲ +20.4% vs 2021
2023: €523k▼ -26.5% vs 2022
2024: €585k▲ +11.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.02M
Equity€208k-€293k▲ 40.8%€301k▲ 2.8%€307k▲ 1.9%€320k▲ 4.3%
2020: €208klowest in 5 years
2021: €293k▲ +40.8% vs 2020
2022: €301k▲ +2.8% vs 2021
2023: €307k▲ +1.9% vs 2022
2024: €320k▲ +4.3% vs 2023highest in 5 years
Operating result€55k-€146k▲ 165%€59k▼ 59.5%€58k▼ 1.4%€57k▼ 2.9%
2020: €55klowest in 5 years
2021: €146k▲ +165% vs 2020highest in 5 years
2022: €59k▼ -59.5% vs 2021
2023: €58k▼ -1.4% vs 2022
2024: €57k▼ -2.9% vs 2023
Net result€17k-€85k▲ 392%€8k▼ 90.3%€1k▼ 84.0%€13k▲ 889%
2020: €17k
2021: €85k▲ +392% vs 2020highest in 5 years
2022: €8k▼ -90.3% vs 2021
2023: €1k▼ -84.0% vs 2022lowest in 5 years
2024: €13k▲ +889% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.28M
Fixed assets
€149k ▲ 38.5%
Current assets
€1.13M ▲ 27.0%
Equity and liabilities €1.28M
Equity
€320k ▲ 4.3%
Debt
€957k ▲ 39.0%
Debt's share of the balance-sheet total rises from 69.2% to 74.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2023 · €92k
Cash flow
€60k▲
2023 · €35k
Current ratio
2.08▼
2023 · 2.43
Quick ratio
1.05▲
2023 · 0.85
Debt to equity
2.99▲
2023 · 2.24
ROE
4.1%▲
2023 · 0.4%
ROA
1.0%▲
2023 · 0.1%
Interest coverage
2.10▲
2023 · 1.65
Debt ≤ 1 year
€544k▲
2023 · €365k
Debt > 1 year
€414k▲
2023 · €324k
Income taxes
€200▼
2023 · €6k
Staff costs
€333k▼
2023 · €370k
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 · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€996k€1.28M▲
Fixed assets21/28€107k€149k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€89k€149k▲
Land and buildings22€722€602▼
Plant, machinery and equipment23€55k€32k▼
Furniture and vehicles24€34k€21k▼
Leasing and similar rights25-€95k
Financial fixed assets28€18k-
Current assets29/58€889k€1.13M▲
Stocks and contracts in progress3€576k€558k▼
Stocks30/36€401k€373k▼
Contracts in progress37€175k€185k▲
Amounts receivable within one year40/41€188k€318k▲
Trade receivables40€188k€317k▲
Other amounts receivable41-€88
Current investments50/53€124k-
Cash at bank and in hand54/58-€230k
Deferred charges and accrued income490/1€13€24k▲
Equity and liabilities
Total equity and liabilities10/49€996k€1.28M▲
Equity10/15€307k€320k▲
Contributions10/11€86k€86k=
Capital10€86k€86k=
Issued capital100€86k€86k=
Reserves13€42k€42k=
Tax-exempt reserves132€42k€42k=
Profit (loss) carried forward14€179k€192k▲
Amounts payable17/49€689k€957k▲
Amounts payable after more than one year17€324k€414k▲
Financial debts170/4€324k€414k▲
Amounts payable within one year42/48€365k€544k▲
Current portion of amounts payable after more than one year42€84k€172k▲
Financial debts43-€150k
Credit institutions430/8-€150k
Trade debts44€199k€167k▼
Suppliers440/4€199k€167k▼
Taxes, remuneration and social security45€60k€54k▼
Taxes450/3€60k€16k▼
Remuneration and social security454/9-€38k
Other amounts payable47/48€23k-
Accrued charges and deferred income492/3€46-
Income statement
Code20232024
Turnover70-€2.02M
Non-recurring operating income76A€140k-
Goods, raw materials, services and sundry goods60/61€1.59M€1.52M▼
Remuneration, social security and pensions62€370k€333k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€47k▲
Other operating charges640/8€45k€44k▼
Gross operating margin9900€507k€480k▼
Operating profit (loss)9901€58k€57k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€56k€49k▼
Recurring financial charges65€56k€49k▼
Non-recurring financial charges66B€56k-
Profit (loss) for the period before taxes9903€7k€13k▲
Income taxes67/77€6k€200▼
Profit (loss) for the period9904€1k€13k▲
Profit (loss) for the period to be appropriated9905€1k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€179k€192k▲
Profit (loss) brought forward from the previous period14P€178k€179k▲
Social balance
Average headcount (FTE)90877.0-
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €2.02M | - |
| Non-recurring operating income76A | - | - | - | €140k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.59M | €1.52M | ▼ 4.9% |
| Remuneration, social security and pensions62 | - | €332k | €392k | €370k | €333k | ▼ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €17k | €38k | €34k | €47k | ▲ 37.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-33k | - | - | - | - |
| Other operating charges640/8 | - | €116k | €74k | €45k | €44k | ▼ 2.1% |
| Gross operating margin9900 | €524k | €578k | €563k | €507k | €480k | ▼ 5.3% |
| Operating profit (loss)9901 | €55k | €146k | €59k | €58k | €57k | ▼ 2.9% |
| Financial income75/76B | - | €9k | €13k | €5k | €6k | ▲ 27.3% |
| Recurring financial income75 | €18k | €8k | €13k | €5k | €6k | ▲ 27.3% |
| Non-recurring financial income76B | - | €1k | - | - | - | - |
| Financial charges65/66B | - | €45k | €64k | €56k | €49k | ▼ 12.0% |
| Recurring financial charges65 | €31k | €45k | €64k | €56k | €49k | ▼ 12.0% |
| Non-recurring financial charges66B | - | - | - | €56k | - | - |
| Profit (loss) for the period before taxes9903 | €42k | €110k | €9k | €7k | €13k | ▲ 90.5% |
| Income taxes67/77 | €24k | €25k | €290 | €6k | €200 | ▼ 96.5% |
| Profit (loss) for the period9904 | €17k | €85k | €8k | €1k | €13k | ▲ 889% |
| Profit (loss) for the period to be appropriated9905 | €17k | €85k | €8k | €1k | €13k | ▲ 889% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.09M | €1.13M | €1.43M | €996k | €1.28M | ▲ 28.3% |
| Fixed assets21/28 | €43k | €91k | €141k | €107k | €149k | ▲ 38.5% |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €11k | €59k | €123k | €89k | €149k | ▲ 66.4% |
| Land and buildings22 | - | €963 | €843 | €722 | €602 | ▼ 16.7% |
| Plant, machinery and equipment23 | - | €35k | €75k | €55k | €32k | ▼ 41.6% |
| Furniture and vehicles24 | - | €22k | €47k | €34k | €21k | ▼ 38.5% |
| Leasing and similar rights25 | - | - | - | - | €95k | - |
| Financial fixed assets28 | €32k | €32k | €18k | €18k | - | - |
| Current assets29/58 | €1.05M | €1.04M | €1.29M | €889k | €1.13M | ▲ 27.0% |
| Stocks and contracts in progress3 | €326k | €444k | €589k | €576k | €558k | ▼ 3.2% |
| Stocks30/36 | - | €377k | €376k | €401k | €373k | ▼ 7.1% |
| Contracts in progress37 | - | €67k | €213k | €175k | €185k | ▲ 5.5% |
| Amounts receivable within one year40/41 | €479k | €272k | €375k | €188k | €318k | ▲ 68.7% |
| Trade receivables40 | - | €257k | €356k | €188k | €317k | ▲ 68.7% |
| Other amounts receivable41 | - | €15k | €19k | - | €88 | - |
| Current investments50/53 | - | - | - | €124k | - | - |
| Cash at bank and in hand54/58 | €107k | €317k | €312k | - | €230k | - |
| Deferred charges and accrued income490/1 | - | €5k | €9k | €13 | €24k | ▲ 176,836% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.09M | €1.13M | €1.43M | €996k | €1.28M | ▲ 28.3% |
| Equity10/15 | €208k | €293k | €301k | €307k | €320k | ▲ 4.3% |
| Contributions10/11 | €86k | €86k | €86k | €86k | €86k | = |
| Capital10 | - | €86k | €86k | €86k | €86k | = |
| Issued capital100 | - | €86k | €86k | €86k | €86k | = |
| Reserves13 | €42k | €42k | €42k | €42k | €42k | = |
| Tax-exempt reserves132 | - | €42k | €42k | €42k | €42k | = |
| Profit (loss) carried forward14 | €80k | €165k | €173k | €179k | €192k | ▲ 7.3% |
| Amounts payable17/49 | €880k | €835k | €1.13M | €689k | €957k | ▲ 39.0% |
| Amounts payable after more than one year17 | €579k | €389k | €549k | €324k | €414k | ▲ 27.8% |
| Financial debts170/4 | - | €389k | €381k | €324k | €414k | ▲ 27.8% |
| Other amounts payable178/9 | - | - | €167k | - | - | - |
| Amounts payable within one year42/48 | €301k | €447k | €574k | €365k | €544k | ▲ 48.9% |
| Current portion of amounts payable after more than one year42 | - | €59k | €70k | €84k | €172k | ▲ 106% |
| Financial debts43 | - | - | - | - | €150k | - |
| Credit institutions430/8 | - | - | - | - | €150k | - |
| Trade debts44 | €160k | €283k | €430k | €199k | €167k | ▼ 15.9% |
| Suppliers440/4 | - | €283k | €430k | €199k | €167k | ▼ 15.9% |
| Taxes, remuneration and social security45 | - | €97k | €68k | €60k | €54k | ▼ 9.6% |
| Taxes450/3 | - | €48k | €21k | €60k | €16k | ▼ 73.5% |
| Remuneration and social security454/9 | - | €49k | €47k | - | €38k | - |
| Other amounts payable47/48 | - | €7k | €7k | €23k | - | - |
| Accrued charges and deferred income492/3 | - | - | €3k | €46 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €85k | €8k | €1k | €13k | ▲ 889% |
| + Depreciation and write-downs630 | €8k | €17k | €38k | €34k | €47k | ▲ 37.3% |
| Operating cash flow (approximation) | €25k | €102k | €47k | €35k | €60k | ▲ 69.3% |
| Investment in fixed assets (approximation) | - | €-65k | €-89k | €0 | €-88k | ▼ 878,286,700% |
| Change in cash | - | €210k | €-5k | - | - | - |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
30-09
Financial
Weakest financial yearnet €1k ▼84%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-09
Financial
Highest result since 2018net €85k ▲392%
Operating result €146k, net result €85k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-09
Financial
Liquidity doublescurrent ratio 3.47
Current ratio from 1.54 to 3.47; short-term debt falls from €834k to €301k.
30-09
Financial
Equity above €200kEq €208k ▲8.7%
3 profitable years in a row build equity to €208k.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €150kEq €192k ▲61%
2 profitable years in a row build equity to €192k.
01-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Gingelom · 1 establishment unit since 1999
Ground area
1.2 ha
Building footprint
5,382 m²
Volume, LiDAR
36,905 m³
Parcel 71044B0500/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Ambachtsweg 15, 3890 Gingelom
since 19992.090.267.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71044B0500/00H000 | Flanders | 1.2 ha | 1 · 5,382 m² | 9.1 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.
Recognitions · licences · registrations
Dual-learning approval
1 live approvalBinnenschrijnwerk en interieur duaal (so)
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Of 2,607 companies in sector 47551 we hold annual accounts for 1,716. 1,293 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-02-1999
Fiscal year end30-09
Abbreviation NL
CID
Activities, NACEBEL 2025
31002Manufacture of furniture
47551Retail sale of household furniture
43332Laying of wooden floor and wall coverings
47540Retail sale of electrical household appliances
Scores and ratios are computed by Checked and are not a credit decision.