Creative Twist
ActiveSummary
Creative Twist has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,031) and a net result of €13,401. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.25 in 2024; short-term debt: 373.6% and cash: 48.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2025Solvency, return and age of the figures
Solvency
-273.6%
Return on assets
67.9%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 31942 sector peers (2025).
NBB · sector comparisonPosition among 31942 sector peers
Solvency
better than 5%
← weakest
strongest →
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
34 d early
2023
31 d late
2022
11 d early
2021
11 d early
2020
11 d early
2019
11 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 21 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 20 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€54,031▲ 19.9%
2024 · -€67,432
Total assets
€19,747▼ 12.9%
2024 · €22,665
Net result
€13,401▼ 48.5%
2024 · €26,004
Working capital
-€54,031▲ 19.9%
2024 · -€67,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€996▼ 20.1%-€720▲ 27.7%€18,155€38,095▲ 110%€23,440▼ 38.5%
Net result-€1,041below the sector's middle half▼ 19.5%-€765below the sector's middle half▲ 26.5%€12,225within the sector's middle half€26,004within the sector's middle half▲ 113%€13,401within the sector's middle half▼ 48.5%
Equity-€104,895below the sector's middle half▼ 1.0%-€105,660below the sector's middle half▼ 0.7%-€93,436below the sector's middle half▲ 11.6%-€67,432below the sector's middle half▲ 27.8%-€54,031below the sector's middle half▲ 19.9%
Total assets€1,229below the sector's middle half▲ 158%€823below the sector's middle half▼ 33.0%€9,257below the sector's middle half▲ 1,025%€22,665below the sector's middle half▲ 145%€19,747below the sector's middle half▼ 12.9%
Debt€106,125▲ 1.7%€106,483▲ 0.3%€102,693▼ 3.6%€90,097▼ 12.3%€73,778▼ 18.1%
Working capital-€104,895below the sector's middle half▼ 1.0%-€105,660below the sector's middle half▼ 0.7%-€93,436below the sector's middle half▲ 11.6%-€67,432below the sector's middle half▲ 27.8%-€54,031below the sector's middle half▲ 19.9%
Solvency-297.5%below the sector's middle half-273.6%below the sector's middle half▲ 23.9pp
Current ratio0.09below the sector's middle half0.25below the sector's middle half▲ 0.160.27below the sector's middle half▲ 0.02
Return on assets (ROA)132.1%above the sector's middle half114.7%above the sector's middle half▼ 17.3pp67.9%above the sector's middle half▼ 46.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 38% below 2024.
Key figures and ratios
Debt to equity
-1.37▼
2024 · -1.34
Debt ≤ 1 year
€73,778▼
2024 · €90,097
Income taxes
€5,529▼
2024 · €10,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,640 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €513 | €517 | €776 | €592 | €610 | ▲ 3.0% |
| Gross operating margin9900 | -€483 | -€204 | €18,931 | €38,686 | €24,049 | ▼ 37.8% |
| Operating profit (loss)9901 | -€996 | -€720 | €18,155 | €38,095 | €23,440 | ▼ 38.5% |
| Financial charges65/66B | €45 | €45 | €51 | €1,809 | €4,510 | ▲ 149% |
| Recurring financial charges65 | €45 | €45 | €51 | €1,809 | €4,510 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | -€1,041 | -€765 | €18,104 | €36,286 | €18,930 | ▼ 47.8% |
| Income taxes67/77 | - | - | €5,879 | €10,282 | €5,529 | ▼ 46.2% |
| Profit (loss) for the period9904 | -€1,041 | -€765 | €12,225 | €26,004 | €13,401 | ▼ 48.5% |
| Profit (loss) for the period to be appropriated9905 | -€1,041 | -€765 | €12,225 | €26,004 | €13,401 | ▼ 48.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,229 | €823 | €9,257 | €22,665 | €19,747 | ▼ 12.9% |
| Current assets29/58 | €1,229 | €823 | €9,257 | €22,665 | €19,747 | ▼ 12.9% |
| Amounts receivable within one year40/41 | - | - | €5,075 | €4,718 | €10,224 | ▲ 117% |
| Trade receivables40 | - | - | €5,075 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €4,718 | €10,224 | ▲ 117% |
| Cash at bank and in hand54/58 | €882 | €823 | €4,182 | €17,947 | €9,522 | ▼ 46.9% |
| Deferred charges and accrued income490/1 | €348 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,229 | €823 | €9,257 | €22,665 | €19,747 | ▼ 12.9% |
| Equity10/15 | -€104,895 | -€105,660 | -€93,436 | -€67,432 | -€54,031 | ▲ 19.9% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | - | - | €12,225 | €38,228 | €51,629 | ▲ 35.1% |
| Distributable reserves133 | - | - | €12,225 | €38,228 | €51,629 | ▲ 35.1% |
| Profit (loss) carried forward14 | -€111,895 | -€112,660 | -€112,660 | -€112,660 | -€112,660 | = |
| Amounts payable17/49 | €106,125 | €106,483 | €102,693 | €90,097 | €73,778 | ▼ 18.1% |
| Amounts payable within one year42/48 | €106,125 | €106,483 | €102,693 | €90,097 | €73,778 | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,540 | €2,790 | ▼ 77.8% |
| Trade debts44 | €1,289 | €348 | €2,174 | €2,988 | €1,977 | ▼ 33.8% |
| Suppliers440/4 | €1,289 | €348 | €2,174 | €2,988 | €1,977 | ▼ 33.8% |
| Taxes, remuneration and social security45 | - | - | €4,410 | €11,029 | €7,231 | ▼ 34.4% |
| Taxes450/3 | - | - | €4,410 | €11,029 | €7,231 | ▼ 34.4% |
| Other amounts payable47/48 | €104,836 | €106,136 | €96,109 | €63,540 | €61,781 | ▼ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,041 | -€765 | €12,225 | €26,004 | €13,401 | ▼ 48.5% |
| Operating cash flow (approximation) | -€1,041 | -€765 | €12,225 | €26,004 | €13,401 | ▼ 48.5% |
| Change in cash | - | -€59 | €3,359 | €13,765 | -€8,425 | ▼ 161% |
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
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
Resignations & appointments · RestructuringResignation: Stephane VAN DEN BERGHE (director) · Merger · Accounting effect9 facts ▸
State Gazette act
Resignations & appointments · Restructuring
Resignation: Stephane VAN DEN BERGHE (director) · Merger · Accounting effect9 facts ▸
- General meeting, 15-07-2026
- Merger, gehele vermogen zowel de rechten als de verplichtingen, met fusie door overneming gelijkgestelde verrichting
- Other statement, afstand van tussentijdse cijfers, artikel 12:51,§2,4°,laatste lid van het Wetboek van Vennootschappen en Verenigingen
- Accounting effect, 01-01-2026
- Share class, LOGAS
- Other statement, bijzondere voordelen aan bestuurders
- Power of attorney
- Director resignation, Stephane VAN DEN BERGHE (director)
- Director discharge, Stephane VAN DEN BERGHE
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €26,004 ▲113%
Operating result €38,095, net result €26,004, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €12,225
Net result €12,225 after 5 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€1,041
Net result drops to -€1,041, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2008
Ground area
924 m²
Building footprint
142 m²
Volume, LiDAR
571 m³
Parcel 41067A0234/00H000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Creative Twist
since 20082.168.316.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41067A0234/00H000 | Flanders | 924 m² | 1 · 142 m² | 6.2 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Stephane VAN DEN BERGHE |
|
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:LOGAS
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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 82,646 companies in sector 70200 we hold annual accounts for 52,627. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894934767
Also
9925:BE0894934767
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.