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CREATIVE PROJECT

Active
Private limited companyfounded 2020active for 6 yearsDrielindenbaan 95, 1785 Merchtem, BelgiumKBO/BCE: BE 0754.898.243
Summary

The computed 12-month bankruptcy probability of CREATIVE PROJECT is 13.5% (high). For CREATIVE PROJECT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€13,762) and a net result of -€33,039. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 5% of 3,574 sector peers (NACE 43, financial year 2023). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

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CREATIVE PROJECTActive
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Overview

Activity
Demolition
NACE 43110
1 site
Size
€503,345turnover 2023
Equity
-€13,762
Loss
-€33,039
Financial health
Bankruptcy probabilitywithin 12 months
13.5%
2023 figures too old to score
Structure
2024 accounts not filed, 546 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 22 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 28-05-2024)Loss of €33,039 (financial year 2023)Size: turnover €503,345, total assets €61,996Two or more financial years not filed2023 accounts filed 22 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 3-50
equity -22.2% of total assets
Liquidity 5-46
short-term debt 122.2% · cash 4.1%
Profitability 0-83
return on assets -53.3%
Bankruptcy probability, 12 months
13.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 4.7%lowest value 12-2024: 5.0%▲ +0.3 percentage points vs 11-2024 01-2025: 5.0%● unchanged vs 12-2024 02-2025: 5.1%▲ +0.1 percentage points vs 01-2025 03-2025: 5.1%● unchanged vs 02-2025 04-2025: 5.2%▲ +0.1 percentage points vs 03-2025 05-2025: 6.0%▲ +0.8 percentage points vs 04-2025 06-2025: 6.3%▲ +0.3 percentage points vs 05-2025 07-2025: 7.6%▲ +1.3 percentage points vs 06-2025 08-2025: 7.8%▲ +0.2 percentage points vs 07-2025 09-2025: 9.0%▲ +1.2 percentage points vs 08-2025 10-2025: 11.8%▲ +2.8 percentage points vs 09-2025 11-2025: 11.7%▼ -0.1 percentage points vs 10-2025 12-2025: 11.7%● unchanged vs 11-2025 01-2026: 10.9%▼ -0.8 percentage points vs 12-2025 02-2026: 10.9%● unchanged vs 01-2026 03-2026: 10.8%▼ -0.1 percentage points vs 02-2026 04-2026: 10.7%▼ -0.1 percentage points vs 03-2026 05-2026: 12.9%▲ +2.2 percentage points vs 04-2026 06-2026: 13.6%▲ +0.7 percentage points vs 05-2026highest value 07-2026: 13.5%▼ -0.1 percentage points vs 06-2026 08-2026: 13.5%● unchanged vs 07-2026 09-2026: 13.5%● unchanged vs 08-2026 10-2026: 13.5%● unchanged vs 09-2026
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 22 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 28-05-2024)
NBB · annual accounts
raises risk · Loss of €33,039 (financial year 2023)
NBB · annual accounts
raises risk · Size: turnover €503,345, total assets €61,996
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
30-09-2024 year end30-04-2025 deadline28-10-2026 today
raises risk · 2023 accounts filed 22 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 22-05-2024, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
22 days late
2022
15 days late
2021
145 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 61 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · full…
  2. Annual accounts filedfinancial year 2022 · full…
  3. Back to profitnet €38,789

Key points

  • Risk: 2024 accounts not fileddeadline was 30-04-2025 546 days past the deadline View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€13,762 View
  • Caution: Among the weakest 5% on solvencysector median 38.6% · 3,574 companies -22.2% View
  • Caution: From profit to loss in 2023after €38,789 in 2022 -€33,039 View

By topic

Financials

Financial year
2023
Turnover
€503,345
Loss
-€33,039
Solvency
-22.2%
Turnover▼ 20.6%
Net result
20212023
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
DemolitionNACE 43110
Founded
25-09-2020
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CREATIVE PROJECT

What is the company number of CREATIVE PROJECT?
0754.898.243. In Belgium the VAT number is the company number with BE in front: BE 0754.898.243.
Where is CREATIVE PROJECT based?
The registered office is at Drielindenbaan 95, 1785 Merchtem.Company details
What does CREATIVE PROJECT do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of CREATIVE PROJECT?
Private limited company (BV).
When was CREATIVE PROJECT founded?
On 25-09-2020.
Is CREATIVE PROJECT still active?
Yes, CREATIVE PROJECT is an active enterprise in the KBO register.
What is the turnover of CREATIVE PROJECT?
€503,345 in financial year 2023, according to the filed annual accounts.Financials
Is CREATIVE PROJECT profitable?
In financial year 2023, CREATIVE PROJECT made a loss of €33,039.
Where can I find the annual accounts of CREATIVE PROJECT?
CREATIVE PROJECT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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