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Creative Workers - Creatieve Werkers

Active Risk: very low
Non-profit associationfounded 199234 years activeKoolmijnenkaai 30, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0446.917.602
Summary

Creative Workers - Creatieve Werkers has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €104,022 and a net result of €15,784. The computed 12-month bankruptcy probability is < 0.1% (very low).

Creative Workers - Creatieve WerkersActive

Overview

Activity
Performing arts by artistic ensembles
NACE 90202Visual arts creation NACE 90120
1 site
Size
€134,333total assets 2017
Staff
3.8 FTE
Equity
€104,022
Profit
€15,784
Turnover not published (abridged schema)
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2017 figures too old to score
Structure
Accounts 2626 days overdue0 of 11 deeds read
Signals- Figures for FY 2017 (filed 07-05-2018)+ Legal form Non-profit association+ Liquidity: current ratio 5.19, cash €70,026+ Sector Arts creation and performing arts activities (NACE 90)No filing for yearsLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Strong
Solvency 100+20
equity 77.4% of total assets
Liquidity 95+64
short-term debt 17.3% · cash 52.1%
Profitability 67-33
return on assets 11.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,410 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
raises risk · Figures for FY 2017 (filed 07-05-2018)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.19, cash €70,026
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
KBO
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2018 close31-07-2019 deadline08-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 27-04-2018, 95 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2017 · abbreviated…
  2. Liquidity doublescurrent ratio 5.19
  3. Equity above €100,000Eq €104,022 ▲17.9%

Key points

  • Risk: Accounts not fileddeadline was 31-07-2019 2626 days late View
  • EU research moneyEU contribution €2.7m View
  • Active since 1992founded 15-01-1992 34 years View

By topic

Financials

Fiscal year
2017
Total assets
€134,333
Profit
€15,784
Solvency
77.4%
Total assets▼ 16.5%
Net result
20162017
Go to Financials

Timeline

Events
6
Since
2011
  1. 27-04-2017Annual accounts filed
  2. 22-06-2012Annual accounts filed
  3. 11-07-2011Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
15-01-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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