Equity
CREATIVE WORK has made a profit without a break since 2022.
CREATIVE WORK has made a profit without a break since 2022.
The micro format states no turnover.
Short-term debts fell from €38,323 to €23,474.
The last five annual accounts were filed 0 to 30 days before the end of the period.
Higher solvency than 88% of companies in head offices and management consultancy. Sector median 55.5% · 39,342 companies.
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 94% on liquidity, 38% on profitability and 50% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,041 companies had the same profile as CREATIVE WORK has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CREATIVE WORK itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for CREATIVE WORK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 9.53 (5.99 in 2024), above the usual 1.5. Short-term debt is 10.1% and cash 86.8% of total assets. 10.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CREATIVE WORK Waterloo | €232,505 | €16,608 | 89.9% | - |
| QUETS PAPER AND BOARD AGENCY Chaumont-Gistoux | €242,716 | €19,368 | -23.1% | - |
| THS CONSULT Braine-l'Alleud | €194,596 | €17,911 | 18.3% | - |
| COMME UN ROMAN Uccle | €246,799 | €17,232 | 90.5% | - |
| ADYSON EUROPE Zottegem | €217,334 | €15,869 | 56.1% | - |
| FA-Advies Herselt | €238,017 | €16,484 | 80.7% | - |
| LETIKO Maarkedal | €252,209 | €17,828 | -41.7% | - |
These companies have the same main activity as CREATIVE WORK: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €195,000 and €252,000, founded between 2000 and 2004.
CREATIVE WORK files the micro format. That format states no turnover. The gross margin fell from €47,738 in 2007 to €16,608 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €78,000. Estimated: probably between €37,000 and €150,000.
Higher than 89% of 39,342 companies in 2025.
Higher than 89% of 38,027 companies in 2025.
Higher than 29% of 38,499 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
232,505 | 238,420 | 413,512 | 300,604 | 297,614 | 279,106 | 308,280 | 284,576 | 346,801 | 305,561 | 362,306 | 323,089 | 296,327 | 102,390 | 112,716 | 54,793 | 107,980 | 96,059 | 74,957 | |
21/28 |
8,854 | 8,899 | 36,797 | 193,467 | 203,317 | 215,930 | 222,978 | 214,970 | 249,783 | 254,309 | 270,385 | 284,771 | 275,972 | 61,957 | 43,987 | 18,929 | 16,015 | 8,087 | 7,480 | |
22/27 |
7,904 | 7,949 | 2,189 | 158,931 | 168,997 | 182,089 | 189,279 | 182,269 | 190,682 | 195,208 | 211,444 | 226,063 | 217,255 | 13,695 | 15,637 | 16,979 | 12,165 | 8,087 | 7,480 | |
22 |
- | - | - | 149,058 | 153,828 | 158,598 | 163,368 | 168,137 | 172,907 | 177,677 | 182,447 | 187,217 | 191,987 | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | 257 | 610 | 2,076 | 2,228 | 349 | 344 | 1,431 | 1,798 | 1,175 | |
24 |
7,904 | 7,949 | 2,189 | 8,281 | 12,626 | 19,784 | 20,826 | 9,384 | 11,815 | 12,007 | 21,464 | 30,393 | 13,498 | 2,864 | 3,875 | 3,979 | 3,948 | 5,226 | 5,059 | |
26 |
- | - | - | 1,592 | 2,543 | 3,707 | 5,085 | 4,748 | 5,960 | 5,524 | 7,276 | 7,843 | 9,694 | 8,603 | 11,413 | 12,656 | 6,786 | 1,063 | 1,246 | |
28 |
950 | 950 | 34,608 | 34,536 | 34,320 | 33,841 | 33,698 | 32,701 | 59,101 | 59,101 | 58,941 | 58,708 | 58,717 | 48,262 | 28,350 | 1,950 | 3,850 | - | - | |
29/58 |
223,651 | 229,521 | 376,715 | 107,137 | 94,297 | 63,176 | 85,302 | 69,606 | 97,018 | 51,252 | 91,921 | 38,318 | 20,355 | 40,433 | 68,729 | 35,864 | 91,965 | 87,972 | 67,477 | |
40/41 |
21,815 | 36,911 | 352,304 | 36,465 | 22,877 | 12,377 | 68,077 | 45,160 | 40,425 | 32,706 | 23,454 | 20,655 | 10,102 | 9,265 | 16,803 | 13,846 | 13,599 | 6,999 | 9,961 | |
40 |
19,221 | 35,682 | 352,304 | 36,209 | 22,877 | 9,848 | 67,540 | 43,352 | 38,281 | 3,714 | 23,454 | 20,655 | 10,102 | 9,265 | 15,348 | 10,006 | 12,918 | 1,625 | 9,961 | |
41 |
2,594 | 1,229 | - | 255 | 0 | 2,529 | 537 | 1,808 | 2,144 | 28,992 | - | - | - | - | 1,455 | 3,840 | 681 | 5,374 | - | |
50/53 |
- | - | - | 5 | 5 | 5 | 5 | - | - | - | - | 0 | 0 | 197 | 195 | 2,606 | 71,914 | 66,333 | - | |
54/58 |
201,836 | 191,125 | 20,870 | 68,964 | 69,656 | 48,508 | 15,941 | 24,175 | 56,304 | 18,546 | 66,799 | 15,418 | 8,176 | 28,795 | 49,799 | 17,766 | 4,851 | 14,640 | 56,560 | |
490/1 |
- | 1,486 | 3,541 | 1,704 | 1,760 | 2,286 | 1,280 | 271 | 289 | - | 1,668 | 2,245 | 2,077 | 2,176 | 1,932 | 1,646 | 1,601 | - | 956 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
232,505 | 238,420 | 413,512 | 300,604 | 297,614 | 279,106 | 308,280 | 284,576 | 346,801 | 305,561 | 362,306 | 323,089 | 296,327 | 102,390 | 112,716 | 54,793 | 107,980 | 96,059 | 74,957 | |
10/15 |
209,030 | 200,098 | 185,563 | 130,328 | 118,359 | 119,377 | 111,485 | 102,680 | 118,428 | 96,689 | 88,504 | 61,238 | 28,202 | 74,878 | 81,092 | 42,808 | 24,573 | 79,233 | 45,072 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
166,850 | 157,917 | 143,382 | 88,147 | 76,178 | 76,178 | 68,287 | 59,482 | 59,049 | 37,310 | 29,126 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | 27,266 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | 27,266 | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 1,300 | 1,300 | 867 | 433 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
166,850 | 157,917 | 141,522 | 86,287 | 73,019 | 73,019 | 65,560 | 57,189 | 57,189 | 35,450 | - | - | - | - | - | - | - | - | - | |
14 |
35,981 | 35,981 | 35,981 | 35,981 | 35,981 | 36,998 | 36,998 | 36,998 | 53,179 | 53,179 | 53,178 | 53,178 | 20,142 | 66,818 | 73,032 | 34,748 | 16,513 | 71,173 | 37,012 | |
17/49 |
23,474 | 38,323 | 227,949 | 170,276 | 179,255 | 159,730 | 196,795 | 181,896 | 228,373 | 208,872 | 273,802 | 261,851 | 268,125 | 27,512 | 31,624 | 11,985 | 83,407 | 16,826 | 29,885 | |
17 |
- | - | 61,473 | 79,380 | 99,634 | 120,713 | 142,287 | 147,635 | 164,792 | 179,049 | 203,403 | 224,213 | 224,335 | - | - | - | - | - | - | |
170/4 |
- | - | 61,473 | 79,380 | 99,634 | 120,713 | 142,287 | 147,635 | 164,792 | 179,049 | 203,403 | 224,213 | 224,335 | - | - | - | - | - | - | |
42/48 |
23,474 | 38,323 | 166,476 | 88,871 | 79,621 | 39,017 | 54,509 | 34,260 | 63,581 | 29,823 | 70,399 | 37,638 | 43,790 | 27,512 | 31,624 | 11,985 | 83,407 | 16,826 | 29,885 | |
42 |
- | - | 17,907 | 20,254 | 21,079 | 21,573 | 21,740 | 17,156 | 21,262 | 18,636 | 20,810 | 20,071 | 14,866 | - | - | - | - | - | - | |
44 |
8,803 | 25,735 | 27,913 | 47,484 | 45,526 | 7,642 | 21,798 | 7,560 | 22,171 | 3,454 | 7,239 | 4,310 | 12,776 | 5,338 | 4,027 | 3,351 | 610 | 2,045 | 5,996 | |
440/4 |
8,803 | 25,735 | 27,913 | 41,689 | 29,370 | 7,642 | 21,798 | 7,560 | 22,171 | 3,454 | 6,720 | 4,310 | 12,776 | 5,338 | 4,027 | 3,351 | 610 | 2,035 | 5,996 | |
441 |
- | - | - | 5,796 | 16,156 | - | - | - | - | - | 519 | - | - | - | - | - | - | 10 | - | |
46 |
- | - | - | - | - | - | - | - | - | - | 500 | 500 | - | 4,683 | - | - | - | - | - | |
45 |
11,498 | 8,778 | 60,059 | 21,133 | 8,850 | 6,012 | 10,170 | 9,544 | 20,148 | 7,733 | 26,778 | 3,651 | 6,528 | 6,175 | 27,552 | 8,634 | 23,297 | 14,781 | 15,961 | |
450/3 |
11,498 | 8,778 | 60,059 | 21,133 | 8,850 | 6,012 | 10,170 | 9,544 | 20,148 | 7,733 | 26,778 | 3,651 | 6,528 | 6,175 | 23,402 | 6,010 | 23,297 | 14,781 | 7,485 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,150 | 2,624 | - | - | 8,476 | |
47/48 |
3,173 | 3,810 | 60,597 | - | 4,166 | 3,789 | 800 | - | - | - | 15,072 | 9,106 | 9,620 | 11,316 | 45 | - | 59,500 | - | 7,928 | |
492/3 |
- | - | - | 2,025 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | 185,950 | - | - | - | - | - | - | 1,626 | 816 | - | - | - | - | 312 | - | - | - | |
9900 |
16,608 | 9,756 | 180,932 | 32,288 | 19,982 | 34,697 | 35,240 | 3,275 | 61,871 | 37,820 | 74,540 | 65,557 | 3,699 | 6,254 | 68,258 | 38,263 | 35,590 | 57,698 | 47,738 | |
630 |
1,063 | 1,058 | 6,862 | 12,645 | 13,092 | 13,610 | 16,796 | 18,544 | 15,165 | 14,047 | 16,117 | 17,559 | 38,051 | 5,199 | 4,550 | 4,868 | 4,335 | 3,068 | 2,584 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,479 | - | - | - | - | - | |
640/8 |
665 | 2,070 | 4,485 | 2,776 | 2,788 | 1,727 | 1,972 | 1,943 | 1,733 | 1,101 | 2,701 | 2,935 | 1,646 | 1,402 | 3,180 | 1,780 | 1,544 | 3,076 | 881 | |
66A |
- | - | - | 339 | - | - | - | - | 2,569 | - | - | - | - | 349 | - | - | - | - | 771 | |
9901 |
14,880 | 6,628 | 169,585 | 16,527 | 4,103 | 19,360 | 16,473 | -17,212 | 42,404 | 22,672 | 55,722 | 45,063 | -35,998 | -2,826 | 60,528 | 31,615 | 29,711 | 51,554 | 44,273 | |
75/76B |
- | 19,614 | 601 | 7,304 | 1,228 | 143 | 347 | 8,045 | - | 215 | 250 | 0 | 483 | 63 | 317 | 876 | 761 | 2,106 | 61 | |
75 |
- | 9,943 | 72 | 219 | 229 | 143 | 347 | 8,045 | - | 215 | 250 | 0 | 483 | 63 | 317 | 876 | 761 | 2,106 | 61 | |
76B |
- | 9,670 | 529 | 7,085 | 999 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
148 | 3,982 | 4,032 | 4,184 | 4,946 | 6,699 | 6,229 | 6,828 | 7,341 | 8,626 | 9,781 | 9,761 | 11,161 | 1,404 | 1,433 | 1,724 | 2,414 | 1,799 | 853 | |
65 |
148 | 3,982 | 4,032 | 4,184 | 4,946 | 5,499 | 6,229 | 6,828 | 7,341 | 8,626 | 9,781 | 9,761 | 11,161 | 1,404 | 1,433 | 1,724 | 2,414 | 1,799 | 853 | |
66B |
- | - | - | - | - | 1,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
14,732 | 22,259 | 166,154 | 19,647 | 385 | 12,804 | 10,591 | -15,995 | 35,063 | 15,887 | 47,007 | 35,302 | -46,676 | -4,516 | 59,412 | 31,079 | 28,058 | 51,861 | 42,710 | |
67/77 |
5,799 | 7,724 | 53,731 | 7,678 | 1,403 | 4,112 | 987 | 185 | 13,324 | 7,702 | 19,741 | 2,265 | 0 | 1,698 | 21,128 | 12,844 | 12,718 | 17,700 | 13,672 | |
9904 |
8,933 | 14,535 | 112,424 | 11,969 | -1,018 | 8,692 | 9,604 | -16,180 | 21,739 | 8,185 | 27,266 | 33,037 | -46,676 | -6,214 | 38,284 | 18,235 | 15,340 | 34,161 | 29,038 | |
789 |
- | - | - | 1,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 433 | 433 | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
8,933 | 14,535 | 112,424 | 13,269 | -1,018 | 8,259 | 9,171 | -16,180 | 21,739 | 8,185 | 27,266 | 33,037 | -46,676 | -6,214 | 38,284 | 18,235 | 15,340 | 34,161 | 29,038 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
44,913 | 50,516 | 148,404 | 49,249 | 35,981 | 45,257 | 46,169 | 36,998 | 74,918 | 61,363 | 80,444 | 53,178 | 20,142 | 66,818 | 73,032 | 34,748 | 86,513 | 71,173 | 37,012 | |
14P |
35,981 | 35,981 | 35,981 | 35,981 | 36,998 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 57,189 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
691/2 |
8,933 | 14,535 | 112,424 | 13,269 | - | 7,459 | 8,371 | - | 21,739 | 8,184 | 27,266 | - | - | - | - | - | - | - | - | |
6921 |
8,933 | 14,535 | 112,424 | 13,269 | - | 7,459 | 8,371 | - | 21,739 | 8,184 | 27,266 | - | - | - | - | - | - | - | - | |
694/7 |
- | - | 57,189 | - | - | 800 | 800 | - | - | - | - | - | - | - | - | - | 70,000 | - | - | |
694 |
- | - | 57,189 | - | - | 800 | 800 | - | - | - | - | - | - | - | - | - | 70,000 | - | - | |
| Document | ||||||||||||||||||||
The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 31-03-2026 | 2026-00073705 | |
| 30-09-2024 | micro format | 23-04-2025 | 2025-00075705 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00081639 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00068673 | |
| 30-09-2021 | micro format | 21-04-2022 | 2022-20005843 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12800359 | |
| 30-09-2019 | micro format | 10-04-2020 | 2020-09100235 | |
| 30-09-2018 | micro format | 15-04-2019 | 2019-10000301 | |
| 30-09-2017 | micro format | 16-04-2018 | 2018-10000509 | |
| 30-09-2016 | full format | 28-03-2017 | 2017-07800396 | |
| 30-09-2015 | full format | 23-03-2016 | 2016-07200163 | |
| 30-09-2014 | full format | 27-03-2015 | 2015-08600238 | |
| 30-09-2013 | full format | 30-04-2014 | 2014-11400190 | |
| 30-09-2012 | full format | 10-05-2013 | 2013-12000589 | |
| 30-09-2011 | full format | 01-06-2012 | 2012-14400223 | |
| 30-09-2010 | full format | 09-05-2011 | 2011-11000328 | |
| 30-09-2009 | full format | 01-05-2010 | 2010-10900536 | |
| 30-09-2008 | full format | 11-05-2009 | 2009-14300145 | |
| 30-09-2007 | full format | 23-06-2008 | 2008-26900142 | |
| 30-09-2006 | full format | 19-03-2007 | 2007-07801814 | |
| 30-09-2005 | full format | 21-03-2006 | 2006-07703306 | |
| 30-09-2004 | full format | 30-03-2005 | 2005-09500130 | |
| 30-09-2003 | full format | 01-04-2004 | 2004-09703404 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,942 | 7,685 | 176,447 | 29,172 | 17,195 | 32,970 | 33,269 | 1,332 | 57,569 | 36,719 | 71,839 | 62,622 | 2,053 | 2,373 | 65,078 | 36,483 | 34,046 | 54,622 | 46,857 | ||
| 9,996 | 15,593 | 119,285 | 24,614 | 12,075 | 22,302 | 26,400 | 2,364 | 36,904 | 22,232 | 43,383 | 50,596 | -8,625 | -1,015 | 42,834 | 23,103 | 19,675 | 37,229 | 31,622 | ||
| 1,018 | 6,818 | 842 | 3,134 | 479 | 6,563 | 24,803 | 9,698 | 13,208 | 3,560 | 1,731 | 26,835 | 252,066 | 23,518 | 29,608 | 9,682 | 12,263 | 3,675 | 5,677 | ||
| 10,711 | 170,255 | -48,094 | -692 | 21,148 | 32,567 | -8,234 | -32,129 | 37,758 | -48,253 | 51,381 | 7,242 | -20,619 | -21,004 | 32,033 | 12,915 | -9,789 | -41,920 | - | ||
| 200,176 | 191,199 | 210,239 | 18,266 | 14,676 | 24,160 | 30,794 | 35,346 | 33,437 | 21,429 | 21,522 | 680 | -23,435 | 12,921 | 37,105 | 23,879 | 8,558 | 71,146 | 37,592 | ||
| 89.9% | 83.9% | 44.9% | 43.4% | 39.8% | 42.8% | 36.2% | 36.1% | 34.1% | 31.6% | 24.4% | 19.0% | 9.5% | 73.1% | 71.9% | 78.1% | 22.8% | 82.5% | 60.1% | ||
| 9.53 | 5.99 | 2.26 | 1.21 | 1.18 | 1.62 | 1.56 | 2.03 | 1.53 | 1.72 | 1.31 | 1.02 | 0.46 | 1.47 | 2.17 | 2.99 | 1.10 | 5.23 | 2.26 | ||
| 0.11 | 0.19 | 1.23 | 1.31 | 1.51 | 1.34 | 1.77 | 1.77 | 1.93 | 2.16 | 3.09 | 4.28 | 9.51 | 0.37 | 0.39 | 0.28 | 3.39 | 0.21 | 0.66 | ||
| 4.3% | 7.3% | 60.6% | 9.2% | -0.9% | 7.3% | 8.6% | -15.8% | 18.4% | 8.5% | 30.8% | 53.9% | -165.5% | -8.3% | 47.2% | 42.6% | 62.4% | 43.1% | 64.4% | ||
| 3.8% | 6.1% | 27.2% | 4.0% | -0.3% | 3.1% | 3.1% | -5.7% | 6.3% | 2.7% | 7.5% | 10.2% | -15.8% | -6.1% | 34.0% | 33.3% | 14.2% | 35.6% | 38.7% | ||
| over 100 | 1.93 | 43.76 | 6.97 | 3.48 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | - | €27,500 | €27,500 |
| Carrying value of the mortgaged assets | - | - | - | €150,650 | €153,828 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,018 | €6,818 | €770 | €2,918 | - |
| Financial fixed assets | - | - | €72 | €216 | €479 |
| €1,063 | €1,058 | €6,862 | €12,645 | €13,092 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 125% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 16.1% to 10.1%. Equity is higher and debt is lower.
CREATIVE WORK has no parent and no holdings in its annual accounts. CREATIVE WORK shares no director with another company.
| Floridienne
registered office since 01-01-1898 · founded in 1898 |
turnover €14.9m (2025) 0403.064.593 |
| Société d'Etudes Techniques au Hainaut
registered office since 26-11-1960 · founded in 1960 · negative equity (2025) · group Floridienne |
3 FTE (2025) 0402.798.933 |
| OLFADOG BIOTECH
registered office since 16-12-2022 · founded in 2022 · accounts filed late |
total assets €1.8m (2024) 0794.892.333 |
| ChemoSensoryX Biosciences SA
establishment since 13-10-2004 · founded in 2004 · negative equity (2025) |
total assets €1.5m (2025) 0867.817.428 |
| EOLE Services
registered office since 23-03-2020 · founded in 2020 |
total assets €1.2m (2025) 0745.589.213 |
| ACFTPERFO
registered office since 21-09-2020 · founded in 2020 |
1 FTE (2025) 0754.648.716 |
| GEOPRESS
registered office since 08-10-1997 · founded in 1993 |
6 FTE (2025) 0450.191.747 |
| Pharmazym
registered office since 14-03-2024 · founded in 2024 |
total assets €212,870 (2025) 1007.156.740 |
| SHARE METALS
registered office since 22-10-2026 |
founded in 2026 1044.352.082 |
| SNAM Belgium
registered office since 14-09-2026 |
founded in 2026 1042.466.027 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Drève Richelle 161P registered office 1410 Waterloo | ||
| Drève Richelle 161H 1410 Waterloo 47120 Other non-specialised retail sale | 12-11-2002 | 2.115.100.638 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25763M0600/00V000 | 1.3 ha | 1 · 895 m² | 14.8 m · 4 |
| 25763M0600/00H000 | 3,988 m² | 1 · 828 m² | 14.6 m · 4 |
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