CREATIVISION
ActiveSummary
CREATIVISION has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118k and a net result of €11k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 31% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-22
Solvency56▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.06 in 2024; short-term debt: 12.7% and cash: 2.1% of total assets), and 68.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.3%
Return on assets
2.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
35 d early
2024
30 d early
2023
22 d early
2022
25 d early
2021
47 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€118k▲ 10.3%
2024 · €107k
2021: €40klowest in 5 years
2022: €54k▲ +36.7% vs 2021
2023: €83k▲ +54.3% vs 2022
2024: €107k▲ +28.4% vs 2023
2025: €118k▲ +10.3% vs 2024highest in 5 years
2021 → 2025
Total assets
€377k▲ 14.2%
2024 · €330k
2021: €67klowest in 5 years
2022: €177k▲ +162% vs 2021
2023: €283k▲ +60.4% vs 2022
2024: €330k▲ +16.6% vs 2023
2025: €377k▲ +14.2% vs 2024highest in 5 years
2021 → 2025
Net result
€11k▼ 53.3%
2024 · €24k
2021: €37khighest in 5 years
2022: €15k▼ -60.2% vs 2021
2023: €29k▲ +102% vs 2022
2024: €24k▼ -19.1% vs 2023
2025: €11k▼ -53.3% vs 2024lowest in 5 years
2021 → 2025
Working capital
€-6k
2024 · €3k
2021: €26khighest in 5 years
2022: €22k▼ -12.4% vs 2021
2023: €22k▼ -0.4% vs 2022
2024: €3k▼ -87.6% vs 2023
2025: €-6k▼ -313% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€54k▲ 36.7%€83k▲ 54.3%€107k▲ 28.4%€118k▲ 10.3%
2021: €40klowest in 5 years
2022: €54k▲ +36.7% vs 2021
2023: €83k▲ +54.3% vs 2022
2024: €107k▲ +28.4% vs 2023
2025: €118k▲ +10.3% vs 2024highest in 5 years
Operating result€53k-€29k▼ 45.7%€45k▲ 56.6%€38k▼ 15.8%€20k▼ 48.4%
2021: €53khighest in 5 years
2022: €29k▼ -45.7% vs 2021
2023: €45k▲ +56.6% vs 2022
2024: €38k▼ -15.8% vs 2023
2025: €20k▼ -48.4% vs 2024lowest in 5 years
Net result€37k-€15k▼ 60.2%€29k▲ 102%€24k▼ 19.1%€11k▼ 53.3%
2021: €37khighest in 5 years
2022: €15k▼ -60.2% vs 2021
2023: €29k▲ +102% vs 2022
2024: €24k▼ -19.1% vs 2023
2025: €11k▼ -53.3% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€335k ▲ 19.9%
Current assets
€42k ▼ 17.1%
Equity and liabilities €377k
Equity
€118k ▲ 10.3%
Debt
€259k ▲ 16.1%
Debt's share of the balance-sheet total rises from 67.6% to 68.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▼
2024 · €42k
Cash flow
€21k▼
2024 · €27k
Current ratio
0.88▼
2024 · 1.06
Debt to equity
2.19▲
2024 · 2.08
ROE
9.4%▼
2024 · 22.1%
ROA
2.9%▼
2024 · 7.2%
Interest coverage
3.97▼
2024 · 6.78
Debt ≤ 1 year
€48k=
2024 · €48k
Debt > 1 year
€211k▲
2024 · €175k
Income taxes
€1k▼
2024 · €8k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€330k€377k▲
Fixed assets21/28€279k€335k▲
Tangible fixed assets22/27€279k€335k▲
Land and buildings22€110k€318k▲
Plant, machinery and equipment23€4k€9k▲
Furniture and vehicles24€3k€7k▲
Assets under construction and advance payments27€163k€0▼
Current assets29/58€51k€42k▼
Amounts receivable within one year40/41€23k€34k▲
Trade receivables40€23k€24k▲
Other amounts receivable41€25€10k▲
Cash at bank and in hand54/58€28k€8k▼
Deferred charges and accrued income490/1€0€543▲
Equity and liabilities
Total equity and liabilities10/49€330k€377k▲
Equity10/15€107k€118k▲
Contributions10/11€3k€3k=
Reserves13€104k€115k▲
Distributable reserves133€104k€115k▲
Amounts payable17/49€223k€259k▲
Amounts payable after more than one year17€175k€211k▲
Financial debts170/4€175k€211k▲
Amounts payable within one year42/48€48k€48k=
Current portion of amounts payable after more than one year42€25k€29k▲
Financial debts43€93€396▲
Credit institutions430/8€93€396▲
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€15k€12k▼
Accrued charges and deferred income492/3-€24
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲
Other operating charges640/8€969€548▼
Gross operating margin9900€43k€30k▼
Operating profit (loss)9901€38k€20k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€32k€12k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€24k€11k▼
Profit (loss) for the period to be appropriated9905€24k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€11k▼
Transfer to equity691/2€24k€11k▼
To other reserves6921€24k€11k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €408 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €4k | €3k | €9k | ▲ 173% |
| Other operating charges640/8 | - | €1k | €1k | €969 | €548 | ▼ 43.5% |
| Non-recurring operating charges66A | - | €759 | €0 | - | - | - |
| Gross operating margin9900 | €59k | €36k | €50k | €43k | €30k | ▼ 30.4% |
| Operating profit (loss)9901 | €53k | €29k | €45k | €38k | €20k | ▼ 48.4% |
| Financial income75/76B | - | €0 | €10 | €0 | €1 | - |
| Recurring financial income75 | - | €0 | €10 | €0 | €1 | - |
| Financial charges65/66B | - | €9k | €6k | €6k | €7k | ▲ 19.5% |
| Recurring financial charges65 | - | €9k | €6k | €6k | €7k | ▲ 19.5% |
| Profit (loss) for the period before taxes9903 | €53k | €20k | €39k | €32k | €12k | ▼ 61.4% |
| Income taxes67/77 | €16k | €6k | €10k | €8k | €1k | ▼ 84.4% |
| Profit (loss) for the period9904 | €37k | €15k | €29k | €24k | €11k | ▼ 53.3% |
| Profit (loss) for the period to be appropriated9905 | €37k | €15k | €29k | €24k | €11k | ▼ 53.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €177k | €283k | €330k | €377k | ▲ 14.2% |
| Fixed assets21/28 | €14k | €134k | €207k | €279k | €335k | ▲ 19.9% |
| Tangible fixed assets22/27 | €14k | €134k | €207k | €279k | €335k | ▲ 19.9% |
| Land and buildings22 | - | €111k | €110k | €110k | €318k | ▲ 189% |
| Plant, machinery and equipment23 | - | €9k | €6k | €4k | €9k | ▲ 160% |
| Furniture and vehicles24 | - | €2k | €3k | €3k | €7k | ▲ 150% |
| Assets under construction and advance payments27 | - | €13k | €89k | €163k | €0 | ▼ 100% |
| Current assets29/58 | €53k | €43k | €76k | €51k | €42k | ▼ 17.1% |
| Amounts receivable within one year40/41 | €11k | €26k | €22k | €23k | €34k | ▲ 49.2% |
| Trade receivables40 | - | €26k | €22k | €23k | €24k | ▲ 6.0% |
| Other amounts receivable41 | - | €0 | €105 | €25 | €10k | ▲ 39,430% |
| Cash at bank and in hand54/58 | €43k | €16k | €54k | €28k | €8k | ▼ 72.2% |
| Deferred charges and accrued income490/1 | - | €705 | €134 | €0 | €543 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €177k | €283k | €330k | €377k | ▲ 14.2% |
| Equity10/15 | €40k | €54k | €83k | €107k | €118k | ▲ 10.3% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €37k | €51k | €80k | €104k | €115k | ▲ 10.6% |
| Distributable reserves133 | - | €51k | €80k | €104k | €115k | ▲ 10.6% |
| Amounts payable17/49 | €28k | €122k | €200k | €223k | €259k | ▲ 16.1% |
| Amounts payable after more than one year17 | - | €91k | €146k | €175k | €211k | ▲ 20.5% |
| Financial debts170/4 | - | €91k | €146k | €175k | €211k | ▲ 20.5% |
| Amounts payable within one year42/48 | €28k | €20k | €54k | €48k | €48k | = |
| Current portion of amounts payable after more than one year42 | - | €4k | €12k | €25k | €29k | ▲ 14.3% |
| Financial debts43 | - | €170 | €15 | €93 | €396 | ▲ 325% |
| Credit institutions430/8 | - | €170 | €15 | €93 | €396 | ▲ 325% |
| Trade debts44 | €2k | €355 | €2k | €6k | €1k | ▼ 80.0% |
| Suppliers440/4 | - | €355 | €2k | €6k | €1k | ▼ 80.0% |
| Taxes, remuneration and social security45 | - | €9k | €11k | €2k | €5k | ▲ 207% |
| Taxes450/3 | - | €9k | €11k | €2k | €5k | ▲ 207% |
| Other amounts payable47/48 | - | €6k | €29k | €15k | €12k | ▼ 17.0% |
| Accrued charges and deferred income492/3 | - | €11k | €0 | - | €24 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €15k | €29k | €24k | €11k | ▼ 53.3% |
| + Depreciation and write-downs630 | €5k | €5k | €4k | €3k | €9k | ▲ 173% |
| Operating cash flow (approximation) | €41k | €20k | €33k | €27k | €21k | ▼ 24.5% |
| Investment in fixed assets (approximation) | - | €-125k | €-77k | €-76k | €-65k | ▲ 13.9% |
| Change in cash | - | €-27k | €38k | €-26k | €-20k | ▲ 20.3% |
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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €11k ▼53.3%
Net result drops to €11k, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €100kEq €107k ▲28.4%
4 profitable years in a row build equity to €107k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Erpe-Mere · 1 establishment unit since 2020
Ground area
2,200 m²
Building footprint
839 m²
Parcel 41009B0404/00V006, Flanders. Linked by address, not a title deed.
1 establishment unit
CREATIVISION
since 20202.299.526.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009B0404/00V006 | Flanders | 2,200 m² | 1 · 839 m² | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 5,694 EUR awarded · 5,694 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,847 EUR | 2,847 EUR |
| 2023 | 1 | 2,847 EUR | 2,847 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,847 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2020
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
74120Graphic design and visual communication
74202Other professional, scientific and technical activities
Contact
Website
www.creativision.be
E-mail
davy@creativision.be
Scores and ratios are computed by Checked and are not a credit decision.