CREATIVE PROJECT
ActiveSummary
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.
Overview
- Equity
- -€13,762
- Loss
- -€33,039
- Bankruptcy probabilitywithin 12 months
- 13.5%
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
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
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Signals
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)
- Annual accounts filedfinancial year 2023 · full…
- Annual accounts filedfinancial year 2022 · full…
- Back to profitnet €38,789
Financials · financial year 2023, full format
2024 annual accounts not yet filed, deadline passed on 30 April 2025 Financial year closed on 30 September 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 28 October 2026.
2021 to 2023, 3 financial years
The operating result turns negative in 2023: a loss of €32,295 after €43,212 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | €253,763 | €633,569 | €503,345 | ▼ 20.6% |
| Goods, raw materials, services and sundry goods60/61 | €287,829 | €567,950 | €532,917 | ▼ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,005 | €1,266 | €2,000 | ▲ 58.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €14,342 | - | - |
| Other operating charges640/8 | - | €7,651 | - | - |
| Gross operating margin9900 | -€33,354 | €66,471 | -€30,295 | - |
| Operating profit (loss)9901 | -€34,359 | €43,212 | -€32,295 | - |
| Financial income75/76B | €0 | €2 | €0 | ▼ 94.0% |
| Recurring financial income75 | €0 | €2 | €0 | ▼ 94.0% |
| Financial charges65/66B | €154 | €1,236 | €744 | ▼ 39.8% |
| Recurring financial charges65 | €154 | €1,236 | €744 | ▼ 39.8% |
| Profit (loss) for the period before taxes9903 | -€34,512 | €41,978 | -€33,039 | - |
| Income taxes67/77 | - | €3,189 | - | - |
| Profit (loss) for the period9904 | -€34,512 | €38,789 | -€33,039 | - |
| Profit (loss) for the period to be appropriated9905 | -€34,512 | €38,789 | -€33,039 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €62,710 | €68,047 | €61,996 | ▼ 8.9% |
| Fixed assets21/28 | - | €4,734 | €2,735 | ▼ 42.2% |
| Tangible fixed assets22/27 | - | €4,734 | €2,735 | ▼ 42.2% |
| Furniture and vehicles24 | - | €4,734 | €2,735 | ▼ 42.2% |
| Current assets29/58 | €62,710 | €63,313 | €59,261 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €54,925 | €41,905 | €56,744 | ▲ 35.4% |
| Trade receivables40 | €32,267 | €25,059 | €49,181 | ▲ 96.3% |
| Other amounts receivable41 | €22,658 | €16,846 | €7,563 | ▼ 55.1% |
| Cash at bank and in hand54/58 | €7,785 | €21,408 | €2,517 | ▼ 88.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €62,710 | €68,047 | €61,996 | ▼ 8.9% |
| Equity10/15 | -€19,512 | €19,277 | -€13,762 | - |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | = |
| Contributions outside capital11 | - | €15,000 | - | - |
| Other1109/19 | - | €15,000 | - | - |
| Profit (loss) carried forward14 | -€34,512 | €4,277 | -€28,762 | - |
| Amounts payable17/49 | €82,223 | €48,771 | €75,758 | ▲ 55.3% |
| Amounts payable within one year42/48 | €82,223 | €48,771 | €75,758 | ▲ 55.3% |
| Trade debts44 | €35,229 | €38,596 | €58,406 | ▲ 51.3% |
| Suppliers440/4 | €35,229 | €38,596 | €58,406 | ▲ 51.3% |
| Advances received on contracts in progress46 | €21,394 | - | - | - |
| Taxes, remuneration and social security45 | €25,600 | €10,175 | €14,868 | ▲ 46.1% |
| Taxes450/3 | - | €6,975 | €2,042 | ▼ 70.7% |
| Remuneration and social security454/9 | €25,600 | €3,200 | €12,826 | ▲ 301% |
| Other amounts payable47/48 | - | - | €2,484 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,512 | €38,789 | -€33,039 | - |
| + Depreciation and write-downs630 | €1,005 | €1,266 | €2,000 | ▲ 58.0% |
| Operating cash flow (approximation) | -€33,507 | €40,055 | -€31,039 | - |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €13,623 | -€18,891 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2023 | full format | 22-05-2024 | 2024-00098739 |
| 30-09-2022 | full format | 15-05-2023 | 2023-00087262 |
| 30-09-2021 | full format | 22-09-2022 | 2022-20438845 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0754.898.243
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23602K0007/00V000 | Flanders | 1,546 m² | 1 · 157 m² | 7.9 m · 1 |