CREATIVELINE
Open bankruptcyA bankruptcy procedure is open for CREATIVELINE according to publications in the Belgian State Gazette; curator: CHRISTOPHE BAUDOUX.
Summary
The 2022 annual accounts show equity of €115k and a net result of €93k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-02-2023, 172 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
172 d early
2021
87 d late
2020
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€790k
EBIT margin
17.6%
Net result
€93k
2021 · €-244
2020: €21k
2021: €-244
2020 → 2022
Working capital
€33k▼ 0.6%
2021 · €33k
2020: €2k
2021: €33k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€790k
Equity€22k-€22k▼ 1.1%€115k▲ 430%
Operating result€32k-€10k▼ 69.3%€139k▲ 1,313%
Net result€21k-€-244€93k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 1,313% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €229k
Fixed assets
€102k ▲ 68.7%
Current assets
€127k ▲ 41.7%
Equity and liabilities €229k
Equity
€115k ▲ 430%
Debt
€115k ▼ 10.8%
Debt's share of the balance-sheet total falls from 85.6% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€167k▲
2021 · €24k
Cash flow
€121k▲
2021 · €14k
Current ratio
1.35▼
2021 · 1.59
Debt to equity
1.00▼
2021 · 5.96
ROE
81.1%▲
2021 · -1.1%
ROA
40.5%▲
2021 · -0.2%
Interest coverage
3.65▼
2021 · 7.40
Debt ≤ 1 year
€94k▲
2021 · €57k
Debt > 1 year
€21k▼
2021 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 41 lines
Balance sheet
Code20212022
Assets
Total assets20/58€150k€229k▲
Fixed assets21/28€61k€102k▲
Tangible fixed assets22/27€55k€96k▲
Furniture and vehicles24€54k€75k▲
Other tangible fixed assets26€522€21k▲
Financial fixed assets28€6k€6k=
Current assets29/58€90k€127k▲
Amounts receivable within one year40/41€66k€81k▲
Trade receivables40€19k€37k▲
Other amounts receivable41€47k€44k▼
Cash at bank and in hand54/58€23k€28k▲
Deferred charges and accrued income490/1€1k€19k▲
Equity and liabilities
Total equity and liabilities10/49€150k€229k▲
Equity10/15€22k€115k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€21k€114k▲
Amounts payable17/49€129k€115k▼
Amounts payable after more than one year17€38k€21k▼
Financial debts170/4€38k€21k▼
Amounts payable within one year42/48€57k€94k▲
Current portion of amounts payable after more than one year42€16k€12k▼
Trade debts44€15k€37k▲
Suppliers440/4€15k€37k▲
Taxes, remuneration and social security45€26k€45k▲
Taxes450/3€26k€45k▲
Accrued charges and deferred income492/3€34k-
Income statement
Code20212022
Turnover70-€790k
Goods, raw materials, services and sundry goods60/61-€605k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€28k▲
Other operating charges640/8€15k€17k▲
Non-recurring operating charges66A€9k-
Gross operating margin9900€49k€185k▲
Operating profit (loss)9901€10k€139k▲
Financial charges65/66B€3k€46k▲
Recurring financial charges65€3k€46k▲
Profit (loss) for the period before taxes9903€7k€93k▲
Income taxes67/77€7k-
Profit (loss) for the period9904€-244€93k▲
Profit (loss) for the period to be appropriated9905€-244€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€114k▲
Profit (loss) brought forward from the previous period14P€21k€21k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
26-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · CREATIVELINE SRL BOULEVARD DE L’EMPEREUR 10, 1000 BRUXELLES · event 18-09-2023
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
31-12
Financial
Equity above €100kEq €115k ▲430%
Equity rises from €22k to €115k.
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
31-12
Financial
Weakest financial yearnet €-244 ▼101%
Net result drops to €-244, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2019
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.
Ground area
813 m²
Building footprint
530 m²
Volume, LiDAR
11,467 m³
2 parcels, Brussels, Wallonia · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20192.295.070.478
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 25762F0537/00_000 | Wallonia | 143 m² | 1 · 42 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE CHARLIER 1,
1380 LASNE |
18-09-2023 → present |
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,795 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
49410Freight transport by road
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.