Creative Workers - Creatieve Werkers
ActiveCreative 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 €104k and a net result of €16k. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2017
75
/ 100
Excellent= vs 2016
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2016
Profitability76▼-24
Solvency100=
Growth52
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 5.19 against 2.2 in 2016), and 22.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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 2017Solvency, return and age of the figures
Solvency
77.4%
Return on assets
11.7%
Age of the figures
105 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
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 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline16-09-2026 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 filingsDeviation 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 →
Financials · fiscal year 2017, abbreviated schema
Equity
€104k▲ 17.9%
2016 · €88k
2016: €88k
2016 → 2017
Total assets
€134k▼ 16.5%
2016 · €161k
2016: €161k
2016 → 2017
Net result
€16k▼ 72.5%
2016 · €57k
2016: €57k
2016 → 2017
Working capital
€97k▲ 23.3%
2016 · €79k
2016: €79k
2016 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20162017Trend
Equity€88k-€104k▲ 17.9%
Operating result€59k-€18k▼ 70.3%
Net result€57k-€16k▼ 72.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 70% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €134k
Fixed assets
€14k▼ 16.1%
Current assets
€120k▼ 16.5%
Equity and liabilities €134k
Equity
€104k▲ 17.9%
Debt
€30k▼ 58.2%
The debt ratio falls from 45.1% to 22.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€31k▼
2016 · €80k
Cash flow
€29k▼
2016 · €78k
Solvency
77.4%▲
2016 · 54.9%
Current ratio
5.19▲
2016 · 2.20
Quick ratio
5.19▲
2016 · 2.20
ROE
15.2%▼
2016 · 65.0%
ROA
11.7%▼
2016 · 35.6%
Debt
€30k▼
2016 · €73k
Debt ≤ 1 year
€23k▼
2016 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€161k€134k▼
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€15k€12k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€144k€120k▼
Amounts receivable within one year40/41€141k€47k▼
Cash at bank and in hand54/58€195€70k▲
Equity and liabilities
Total equity and liabilities10/49€161k€134k▼
Equity10/15€88k€104k▲
Profit (loss) carried forward14€84k€100k▲
Amounts payable17/49€73k€30k▼
Amounts payable within one year42/48€65k€23k▼
Trade debts44€11k€3k▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€13k▼
Gross operating margin9900€367k€275k▼
Operating profit (loss)9901€59k€18k▼
Recurring financial income75€73€14▼
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€58k€16k▼
Profit (loss) for the period9904€57k€16k▼
Profit (loss) for the period to be appropriated9905€57k€16k▼
Timeline · acts, filings and financial milestones
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-12
Financial
Liquidity doublescurrent ratio 5.19
Current ratio from 2.20 to 5.19; short-term debt falls from €65k to €23k.
31-12
Financial
Equity above €100kEq €104k ▲17.9%
2 profitable years in a row build equity to €104k.
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2012
22-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
11-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koolmijnenkaai 301080 Sint-Jans-MolenbeekGround area
1,911 m²
Building footprint
640 m²
Volume, LiDAR
11,472 m³
Parcel 21522B0349/00N000, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Creative Workers - Creatieve Werkers
since 20072.158.452.215
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0349/00N000 | Brussels | 1,911 m² | 1 · 640 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 380,345 EUR awarded · 372,328 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 80,170 EUR | 72,153 EUR |
| 2023 | 1 | 0 EUR | 29,143 EUR |
| 2022 | 1 | 300,175 EUR | 271,032 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een professionele kunstenorganisatie (Kunstendecreet 2013)
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
Wallonia-Brussels Federation
2024 to 2025 · 2 entries · 14,000 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 1 | 2,100 EUR |
| 2024 | 1 | 11,900 EUR |
Budget allocations
Aides ponctuelles dans le domaine des arts plastiques
European Union, budget
2021 to 2025 · 4 entries · 1,097,075 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 216,250 EUR |
| 2022 | 1 | 798,426 EUR |
| 2021 | 1 | 82,400 EUR |
Projects
101070072 - MAX-R - MIXED AUGMENTED AND EXTENDED REALITY MEDIA PIPELINE
PREVENTING AND COMBATING ONLINE AND OFFLINE HATE SPEECH AND DISINFORMATION THROUGH MULTIDISCIPLINARY INNOVATION, EDUCATION, AND AWARENESS IN EUROPE
856879 - PRESENT - PHOTOREAL REALTIME SENTIENT ENTITY
PREVENTING AND COMBATING ONLINE AND OFFLINE HATE SPEECH AND DISINFORMATION THROUGH MULTIDISCIPLINARY INNOVATION, EDUCATION, AND AWARENESS IN EUROPE
European research
6 projects · 2,672,905 EUR EU contributionProgrammes
HORIZON
fp7
h2020
Projects
Mixed Augmented and eXtended Reality media pipeline
Research on Extended And Layered Multimodalities
Photoreal REaltime Sentient ENTity
20-20 3D Media: Spatial Sound and Vision
Dreamspace: A Platform and Tools for Collaborative Virtual Production
Show 1 more projects
PrEventing and Combating onLine and offline hate speech and dIsinformation through multidisciPlinary innovation, education, and awareneSs in Europe
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Of 1,983 companies in sector 90120 we hold annual accounts for 208. 149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-01-1992
Fiscal year end31-12
Abbreviation NL
Crew
Activities, NACEBEL
74872
90202Performing arts by artistic ensembles
90032Arts creation and performing arts activities
90120Visual arts creation
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.