CREATONIT
ActiveSummary
The annual accounts of CREATONIT for financial year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €4,542 and a net result of -€14,078. Equity has been stable since 2019 (±0.7% per year). Its solvency ranks better than 11% of 21,149 sector peers (NACE 62, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-12-2018 Normal situation
- Activity
- Other information technology and computer services NACE 62900and 4 others
- Establishment unit
- 2.283.041.290 5170 Profondeville, since 01-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Board and ownership
- Grégory RUELLEDirector · since 20-12-2018
- Samuel VASSAUXDirector · since 20-12-2018
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €123,779
- ▼ 19.2%
- Turnover
- ≈ €180,000
- estimated
- Loss
- €14,078
- Equity
- €4,542
- ▼ 75.6%
- Total assets
- €108,576
- ▼ 17.0%
- Employees on 31-12-2025
- 4
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €14,078 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €108,576Liquidity: current ratio 0.53, cash €20,914, halvedShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 62, micro). It does better than 12% of them on solvency, 9% on liquidity, 11% on profitability and 9% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436264.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 7 filings
Every figure per financial year
The operating result for 2025 is a loss of €8,977, after a profit of €28,891 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2022 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 4 |
| full-time | 3 | 2 |
| part-time | - | 2 |
| in full-time equivalents | 3 | 3.6 |
| Average over the year, in full-time equivalents | 3 | 3.6 |
| On a permanent contract | 2 | 2 |
| Joined | 2 | 2 |
| Left | 1 | 2 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,862 | €2,487 | €9,880 | €17,150 | €1,732 |
| Intangible fixed assets | - | - | - | - | €40,000 |
| Depreciation and write-downs of the year | €3,444 | €3,615 | €2,581 | €3,501 | €8,306 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €72,804 | €83,381 | €125,287 | €119,089 | €123,327 | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,268 | €2,859 | €3,444 | €3,615 | €2,581 | €3,501 | €8,306 | ▲ 137% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,968 | - | - | - | - |
| Other operating charges640/8 | - | - | €1,108 | €3,565 | €645 | €1,617 | €1,122 | ▼ 30.6% |
| Gross operating margin9900 | €87,316 | €94,869 | €85,500 | €105,790 | €142,368 | €153,097 | €123,779 | ▼ 19.2% |
| Operating profit (loss)9901 | -€13,029 | €24,491 | €8,144 | €13,262 | €13,855 | €28,891 | -€8,977 | - |
| Financial income75/76B | - | - | €0 | €137 | - | - | €79 | - |
| Recurring financial income75 | €11 | €589 | €0 | €137 | - | - | €79 | - |
| Financial charges65/66B | - | - | €1,488 | €2,451 | €3,110 | €3,801 | €5,187 | ▲ 36.5% |
| Recurring financial charges65 | €1,229 | €2,034 | €1,488 | €2,451 | €3,110 | €3,801 | €5,187 | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | -€14,247 | €23,046 | €6,657 | €10,948 | €10,745 | €25,090 | -€14,085 | - |
| Income taxes67/77 | - | €1,639 | €1,878 | €2,920 | €3,445 | €3,038 | -€8 | - |
| Profit (loss) for the period9904 | -€14,247 | €21,407 | €4,779 | €8,028 | €7,299 | €22,053 | -€14,078 | - |
| Profit (loss) for the period to be appropriated9905 | -€14,247 | €21,407 | €4,779 | €8,028 | €7,299 | €22,053 | -€14,078 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €58,373 | €68,978 | €92,800 | €123,924 | €110,301 | €130,884 | €108,576 | ▼ 17.0% |
| Fixed assets21/28 | €6,803 | €5,928 | €4,346 | €3,218 | €10,518 | €24,168 | €57,594 | ▲ 138% |
| Intangible fixed assets21 | - | - | - | - | - | - | €39,963 | - |
| Tangible fixed assets22/27 | €6,803 | €5,928 | €4,346 | €3,218 | €10,518 | €24,168 | €17,630 | ▼ 27.0% |
| Plant, machinery and equipment23 | - | - | - | - | €3,778 | €2,894 | €2,010 | ▼ 30.5% |
| Furniture and vehicles24 | - | - | €4,346 | €796 | €105 | €12,272 | €9,393 | ▼ 23.5% |
| Other tangible fixed assets26 | - | - | - | €2,422 | €6,634 | €9,002 | €6,227 | ▼ 30.8% |
| Current assets29/58 | €51,569 | €63,050 | €88,454 | €120,706 | €99,783 | €106,716 | €50,982 | ▼ 52.2% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €3,500 | - |
| Stocks30/36 | - | - | - | - | - | - | €3,500 | - |
| Amounts receivable within one year40/41 | €38,619 | €37,345 | €26,610 | €48,270 | €31,081 | €41,027 | €23,271 | ▼ 43.3% |
| Trade receivables40 | - | - | €26,610 | €47,857 | €31,081 | €41,027 | €23,236 | ▼ 43.4% |
| Other amounts receivable41 | - | - | - | €413 | - | - | €35 | - |
| Cash at bank and in hand54/58 | €11,521 | €23,529 | €60,703 | €72,091 | €68,297 | €63,856 | €20,914 | ▼ 67.2% |
| Deferred charges and accrued income490/1 | - | - | €1,142 | €345 | €405 | €1,834 | €3,297 | ▲ 79.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €58,373 | €68,978 | €92,800 | €123,924 | €110,301 | €130,884 | €108,576 | ▼ 17.0% |
| Equity10/15 | -€2,247 | €19,160 | €23,939 | €38,568 | €18,867 | €18,620 | €4,542 | ▼ 75.6% |
| Contributions10/11 | €12,000 | - | €12,000 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€14,247 | €7,160 | €11,939 | €19,968 | €267 | €20 | -€14,058 | - |
| Amounts payable17/49 | €60,620 | €49,818 | €68,861 | €85,357 | €91,434 | €112,265 | €104,034 | ▼ 7.3% |
| Amounts payable after more than one year17 | €15,000 | €15,000 | €15,000 | €15,000 | - | €11,917 | €7,987 | ▼ 33.0% |
| Financial debts170/4 | - | - | €15,000 | €15,000 | - | €11,917 | €7,987 | ▼ 33.0% |
| Amounts payable within one year42/48 | €45,620 | €34,818 | €53,861 | €70,357 | €91,434 | €100,348 | €96,047 | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €3,775 | €3,930 | ▲ 4.1% |
| Trade debts44 | €15,261 | €7,598 | €9,765 | €15,811 | €18,115 | €22,508 | €22,869 | ▲ 1.6% |
| Suppliers440/4 | - | - | €9,765 | €15,811 | €18,115 | €22,508 | €22,869 | ▲ 1.6% |
| Advances received on contracts in progress46 | - | - | - | €11,593 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €31,409 | €42,878 | €50,436 | €45,631 | €48,697 | ▲ 6.7% |
| Taxes450/3 | - | - | €16,161 | €25,825 | €27,482 | €18,545 | €18,683 | ▲ 0.7% |
| Remuneration and social security454/9 | - | - | €15,248 | €17,053 | €22,954 | €27,086 | €30,014 | ▲ 10.8% |
| Other amounts payable47/48 | - | - | €12,687 | €75 | €22,884 | €28,435 | €20,551 | ▼ 27.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,247 | €21,407 | €4,779 | €8,028 | €7,299 | €22,053 | -€14,078 | - |
| + Depreciation and write-downs630 | €2,268 | €2,859 | €3,444 | €3,615 | €2,581 | €3,501 | €8,306 | ▲ 137% |
| Operating cash flow (approximation) | -€11,979 | €24,266 | €8,223 | €11,643 | €9,880 | €25,553 | -€5,772 | - |
| Investment in fixed assets (approximation) | - | -€1,983 | -€1,862 | -€2,487 | -€9,880 | -€17,150 | -€41,732 | ▼ 143% |
| Change in cash | - | €12,008 | €37,173 | €11,389 | -€3,794 | -€4,442 | -€42,942 | ▼ 867% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 646 companies had the same profile as CREATONIT has now. Two years later, 86.1% were still going and 7.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.9% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CREATONIT itself is lower: 0.2% within 12 months. It rests on far more data about CREATONIT than the profile alone.
Test of the method
The method was tested on the 497,446 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 646 companies, not a prediction for CREATONIT. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00436264 | |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00401714 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00230271 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00156884 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20131422 | |
| 31-12-2020 | micro format | 20-09-2021 | 2021-67600498 | |
| 31-12-2019 | micro format | 23-10-2020 | 2020-63300408 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-12-2022 Converted to unavailable equity · €18,600
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Grégory RUELLE |
|
| Samuel VASSAUX |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre d'actions acquises, toute cession d'actions…”
Articles of association, deed of 12-12-2022 (in French)
Network & group
CREATONIT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of CREATONIT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-12
Gazette deed
Legal-form change · Resignations & appointments · MiscellaneousChanges of role: Samuel VASSAUX (director) and Grégory RUELLE (director) · Incorporation · Capital contribution16 points ▸
- General meeting, 07-12-2022
- Incorporation, 20-12-2018
- Other provision, “statuts jamais modifiés, statuts n'ont jamais été modifiés” (deed in French)
- Other provision, “adoptée à l'unanimité des voix, application Code des sociétés et des associations et conservation forme SRL” (deed in French)
- Capital contribution, €6,600
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Kind of shares, 1000, “Article 5.Apports” (deed in French)
- Power of attorney, Louis RAVET
- Director resignation, Samuel VASSAUX (manager)
- Director resignation, Grégory RUELLE (manager)
- Director appointment, Samuel VASSAUX (director (not named in the articles))
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
16 activities
- Effectuer des prestations de services telles que des travaux de bureau,secrétariat,traduction,études,enquêtes,conseils,l’organisation d’évènements et rencontres,des opérations de promotion et de vente,la fourniture de boissons et repas.
- La gestion et l’exploitation,sous la plus large acceptation du terme,de son patrimoine mobilier ou immobilier.
- Toutes activités relevant du domaine du graphisme 2D ou 3D,notamment la création et la production graphique;tous travaux de conception et de mise en page de magazines et autres.
- Toutes activités relatives à l’imprimerie(2D ou 3D)et à la reproduction de textes,dessins,photographies,journaux,etc…par tous procédés généralement quelconques suivant l’évolution des techniques pouvant être réalisées sur tous types de support;toutes les activités pré-presse.
- La prestation de tous services,toute activité ou prestation en matière de régie publicitaire en général et des sites Internet en particulier;la prestation de tous services en matière de l'entrée à l'internet/intranet et des plates-formes-internet-intranet.
- Toute activité concernant le multimédia et la communication au sens le plus large(télévision,web-tv,adsl,sms,etc…)
- Le développement,la gestion et la mise en valeur de sites internet-intranet,d'outils virtuels,etc…
- Le développement,la gestion,l'exploitation et la mise en valeur de banques de données.
- Le développement de produits et de programmes informatiques de gestion de données,de traitement de données.
- La diffusion et la distribution de l'information sous toutes ses formes:l'édition d'articles,de livres et d'hebdomadaires.
- La conception et la réalisation de campagnes publicitaires ou de marketing.
- Agir en tant que mandataire pour réaliser toute mission confiée par des tiers dans la sphère de son objet social,en ce compris l’administration et la gestion de sociétés.
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- Elle peut accomplir toutes opérations généralement quelconques commerciales,industrielles,financières,et civiles,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet.
- Elle peut s'intéresser par toutes voies dans toutes associations,entreprises,sociétés ayant un objet identique,analogue ou connexe ou qui sont de nature à favoriser le développement de ses activités.
- Elle peut être administrateur,gérant ou liquidateur.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92014A0036/00Y002 | Wallonia | 1,369 m² | 1 · 115 m² | 8.8 m · 2 |