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Creatool

Active Private limited companyfounded 2017active for 8 yearsBlauwhuisstraat 86A, 8531 HarelbekeKBO/BCE: BE 0685.495.733

Lifetime

9 annual accounts with figures on one time axis
peak €79,185 (2026)
€79,185▲ 22.2%
lowest -€32,811 (2019)
€21,789▲ 31.2%
peak €13,883 (2026)
€13,883▲ €21,789
€136,937▲ 33.9%
peak 1 FTE (2021)
-not published
Board1 name since 2017
1 director
Documentsfilings and deeds
12-10-202619 days before the deadline
2026micro format
Gross margin from €64,817 to €79,185Result from €16,608 to €21,789Equity from -€7,906 to €13,883Debts from €102,252 to €136,937Investments €30,644Cash from €2,354 to €28,226

Key points

from the 2026 annual accounts

Equity

€13,883

Creatool has made a profit without a break since 2023.

Turnover

≈ €240,000 estimated

The micro format states no turnover.

Debts

€136,937 91% of the balance sheet
Financial debts 3%Suppliers 27%Taxes and wages 9%Other 61%

Of this, €133,359 falls due within a year.

Investments

€33,314 2.5 × depreciation
20222023202420252026

Green is investment, beige is depreciation. Machinery stands 28.6% higher than in 2025.

Filings

9 annual accounts 1 late
deadline20202025

The 2024 accounts came 237 days late. The other eight were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,154 companies had the same profile as Creatool has now. Each dot stands for 6 companies, two years later.

95.9%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 2,154 companies, not a prediction for Creatool. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 28-11-2017
  • founderdeed of 04-12-2017
  • founderdeed of 04-12-2017
Board & ownership

Recent changes

Amendment of the articles · Legal-form change · Resignations & appointments Gazette deed
Incorporation Founding capital of €18,600, 100 shares · Founders: and · Appointment: (manager) · published on 04-12-2017 · Gazette deed
First establishment Blauwhuisstraat 86, Harelbeke
All 16 events

Comparable companies

same main activity, similar in size and age
Company
Creatool Harelbeke €150,820 €79,185 9.2% -
3C GROUP Etterbeek €125,915 €82,138 67.9% -
SPEELMAKERS Ghent €116,791 €133,428 29.0% -
ACT IN GAMES Mettet €137,807 €40,727 53.5% -
Vision 1454 Namur €148,744 €67,927 59.4% -
BUZZ ARCADE Awans €118,593 €42,728 75.3% -
ARTEAM interactive Gembloux €111,562 €43,298 6.2% -

These companies have the same main activity as Creatool: other manufacturing (NACE 32400). They are comparable in size and age: total assets between €112,000 and €149,000, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 30-11-2017Normal situation
Activity
Other manufacturingNACE 32400and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2025
Establishment unit
2.270.619.4518531 Harelbeke, since 30-11-2017
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2026

€150,820▲ 59.9%
Employeeson 31-03-2026
1=
Filing
Filed on 12-10-2026, 19 days before the end of the filing period
Financials

Insights on Creatool

Creatool files the micro format. That format states no turnover. The gross margin rose from €12,772 in 2018 to €79,185 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Creatool

What is the company number of Creatool?
The company number of Creatool is 0685.495.733. The VAT number is the same number with BE in front: BE 0685.495.733.
Where is Creatool based?
The registered office is at Blauwhuisstraat 86A, 8531 Harelbeke.Company details
What does Creatool do?
According to the KBO register, the main activity is other manufacturing (NACE 32400).
What is the legal form of Creatool?
Creatool is a private limited company (BV).
When was Creatool founded?
Creatool was founded on 30-11-2017.
Is Creatool still active?
Yes, Creatool is an active enterprise in the KBO register.
How many employees does Creatool have?
Creatool had an average of 1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does Creatool fall under?
In its 31-03-2025 annual accounts, Creatool states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Creatool?
The turnover in financial year 2026 is ≈ €240,000. This figure is estimated from the gross margin of €79,185 and 2,662 comparable companies of the same size. It probably lies between €160,000 and €410,000. It is a rough estimate.
Is Creatool profitable?
In financial year 2026, Creatool made a profit of €21,789.
Where can I find the annual accounts of Creatool?
Creatool filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Creatool due?
Creatool must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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