CREATRAD
ActiveFrom the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CREATRAD has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,492 and a net result of -€6,566. Equity is shrinking by about 3.3% per year across the filed financial years. Its solvency ranks better than 85% of 4,339 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 10-02-2005 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue de Seraing-le-Château(CHA) 30, 4537 Verlaine
- Activity
- Translation services NACE 74301and 3 others
- Establishment unit
- 2.145.414.920 4537 Verlaine, since 10-02-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€2,604
- Loss
- €6,566
- Equity
- €29,492
- ▼ 18.2%
- Total assets
- €34,897
- ▼ 24.2%
Why 94raises riskLoss of €6,566 (financial year 2025)lowers riskLiquidity: current ratio 6.46, cash €23,979Equity €29,492 (84.5% of total assets)Size: total assets €34,897Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 74, micro): better than 88% on solvency, 91% on liquidity, 7% on profitability and 25% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 10-06-2026
- Format
- micro format
- Reference
- 2026-00149686
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €6,195 after €4,234 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.6% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,831 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €73,003 | €78,782 | €70,748 | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,590 | €6,035 | €3,828 | €6,672 | €6,672 | €6,672 | €6,672 | €2,844 | ▼ 57.4% |
| Other operating charges640/8 | - | - | - | €648 | €493 | €712 | €727 | €747 | ▲ 2.8% |
| Gross operating margin9900 | €8,912 | €13,159 | €19,784 | -€3,417 | €4,632 | €4,263 | €11,633 | -€2,604 | - |
| Operating profit (loss)9901 | €1,604 | €6,316 | €14,794 | -€10,737 | -€2,533 | -€3,121 | €4,234 | -€6,195 | - |
| Financial income75/76B | - | - | - | - | - | €209 | €0 | - | - |
| Recurring financial income75 | €0 | €2 | €0 | - | - | €0 | €0 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €209 | €0 | - | - |
| Financial charges65/66B | - | - | - | €455 | €384 | €332 | €242 | €142 | ▼ 41.0% |
| Recurring financial charges65 | €391 | €579 | €388 | €455 | €384 | €332 | €242 | €142 | ▼ 41.0% |
| Profit (loss) for the period before taxes9903 | -€5,817 | €5,739 | €14,406 | -€11,192 | -€2,917 | -€3,245 | €3,993 | -€6,337 | - |
| Income taxes67/77 | €221 | €1,080 | €2,406 | €203 | €236 | €224 | €216 | €229 | ▲ 5.8% |
| Profit (loss) for the period9904 | -€6,038 | €4,659 | €12,000 | -€11,396 | -€3,153 | -€3,469 | €3,777 | -€6,566 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,038 | €4,659 | €12,000 | -€11,396 | -€3,153 | -€3,469 | €3,777 | -€6,566 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €51,220 | €50,854 | €73,740 | €61,983 | €57,482 | €45,070 | €46,038 | €34,897 | ▼ 24.2% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €11,672 | €5,637 | €29,533 | €22,860 | €16,188 | €9,516 | €2,844 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €11,672 | €5,637 | €29,533 | €22,860 | €16,188 | €9,516 | €2,844 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €22,860 | €16,188 | €9,516 | €2,844 | €0 | ▼ 100% |
| Current assets29/58 | €39,548 | €45,216 | €44,208 | €39,123 | €41,294 | €35,554 | €43,194 | €34,897 | ▼ 19.2% |
| Amounts receivable within one year40/41 | €32,004 | €21,345 | €8,086 | €6,521 | €9,855 | €10,818 | €15,123 | €10,490 | ▼ 30.6% |
| Trade receivables40 | - | - | - | €3,724 | €7,062 | €8,027 | €13,822 | €10,471 | ▼ 24.2% |
| Other amounts receivable41 | - | - | - | €2,797 | €2,793 | €2,792 | €1,302 | €19 | ▼ 98.5% |
| Cash at bank and in hand54/58 | €6,277 | €23,871 | €36,122 | €32,602 | €31,371 | €24,550 | €27,996 | €23,979 | ▼ 14.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €68 | €185 | €75 | €428 | ▲ 474% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €51,220 | €50,854 | €73,740 | €61,983 | €57,482 | €45,070 | €46,038 | €34,897 | ▼ 24.2% |
| Equity10/15 | €33,639 | €38,298 | €50,298 | €38,903 | €35,750 | €32,281 | €36,058 | €29,492 | ▼ 18.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €8,060 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €25,579 | €30,238 | €42,238 | €30,843 | €27,690 | €24,221 | €27,998 | €21,432 | ▼ 23.5% |
| Amounts payable17/49 | €17,581 | €12,555 | €23,442 | €23,081 | €21,732 | €12,789 | €9,980 | €5,405 | ▼ 45.8% |
| Amounts payable after more than one year17 | €7,568 | €2,240 | €15,580 | €11,215 | €6,782 | €2,278 | €0 | - | - |
| Financial debts170/4 | - | - | - | €11,215 | €6,782 | €2,278 | €0 | - | - |
| Amounts payable within one year42/48 | €10,013 | €10,315 | €7,862 | €11,865 | €14,950 | €10,510 | €9,980 | €5,405 | ▼ 45.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,365 | €4,433 | €4,503 | €2,278 | €0 | ▼ 100% |
| Trade debts44 | €704 | €650 | €426 | €952 | - | €72 | €288 | €272 | ▼ 5.4% |
| Suppliers440/4 | - | - | - | €952 | - | €72 | €288 | €272 | ▼ 5.4% |
| Taxes, remuneration and social security45 | - | - | - | €6,376 | €10,362 | €3,266 | €6,734 | €2,729 | ▼ 59.5% |
| Taxes450/3 | - | - | - | €3,876 | €7,862 | €3,266 | €6,734 | €2,729 | ▼ 59.5% |
| Remuneration and social security454/9 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €173 | €155 | €2,669 | €680 | €2,404 | ▲ 253% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,038 | €4,659 | €12,000 | -€11,396 | -€3,153 | -€3,469 | €3,777 | -€6,566 | - |
| + Depreciation and write-downs630 | €6,590 | €6,035 | €3,828 | €6,672 | €6,672 | €6,672 | €6,672 | €2,844 | ▼ 57.4% |
| Operating cash flow (approximation) | €552 | €10,694 | €15,828 | -€4,723 | €3,519 | €3,204 | €10,449 | -€3,722 | - |
| Investment in fixed assets (approximation) | - | €0 | -€27,723 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €17,594 | €12,251 | -€3,520 | -€1,232 | -€6,820 | €3,445 | -€4,017 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-06-2026 | 2026-00149686 | |
| 31-12-2024 | micro format | 12-08-2025 | 2025-00370918 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00207121 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00155847 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20123512 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-32900032 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-45100068 | |
| 31-12-2018 | micro format | 18-06-2019 | 2019-19000134 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-47000202 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52800381 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Véronique DIELIE |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales actionnaires ou non”
Articles of association, deed of 30-11-2023 (in French)
Owners and capital
Capital and shareholders
- 30-11-2023 Converted to unavailable equity · €18,600
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Nature des actions, titulaires peuvent prendre connaissance relatif à leurs titres”Other provision: “Indivisibilité des titres, exercice droits afférents actions indivises suspendu jusqu’à désignation mandataire commun”Other provision: “Droits des ayants droit et décès actionnaire unique, exercice droits suspendu jusqu’au partage ou délivrance des legs”Other provision: “Actionnaires ont droit de démissionner, ensemble ou partie des actions”Other provision: “Exclusion d'actionnaire, actions annulées”Other provision: “Assemblée générale par procédure écrite, décisions reçues en acte authentique”Other provision: “Assemblée générale électronique, moyen communication électronique mis à disposition société”Other provision: “Séances – procès-verbaux, registre tenu au siège pour décisions de l'assemblée générale ou de l'actionnaire unique”Other provision: “Chaque action donne droit à une voix,sous réserve des dispositions légales régissant les actions sans droit de vote, délibérations”Other provision: “N'annule pas les autres décisions prises,sauf décision contraire de l'assemblée, prorogation”Other provision: “Répartition – réserves, assemblée générale sur proposition de l'organe d'administration”Other provision: “Paiement des dividendes et acomptes sur dividendes, bénéfice de l'exercice en cours ou bénéfice de l'exercice précédent tant que comptes…”Liquidation distribution: “Apurement de toutes dettes,charges et frais ou consignation des montants nécessaires, actif net réparti entre tous les actionnaires en…”Other provision: “Élection de domicile, sauf autre domicile élu en Belgique vis-à-vis de la société”Other provision: “Compétence judiciaire, entre société,actionnaires,administrateurs,commissaires et liquidateurs relatifs aux affaires de la société et à…”Other provision: “Droit commun, clauses contraires aux dispositions impératives censées non écrites”1 more provision in the deed, see the deed of 30-11-2023
Articles of association, deed of 30-11-2023 (in French)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-11
Gazette deed
Appointment: Véronique DIELIE (director)Resignation: Véronique DIELIE (manager) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 19-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “dispense de libération du solde des apports non libérés, ne pas empêcher de s’acquitter des dettes pendant une période de douze mois au moins à compter ce jour” (deed in French)
- Capital, €6,200
- Other provision, “formes et majorités de la modification des statuts, suppression du compte de capitaux propres et réserve statutairement indisponible” (deed in French)
- Share issue, 186, “répartition des bénéfices et des produits de la liquidation” (deed in French)
- Director appointment, Véronique DIELIE (director (not named in the articles))
- Director resignation, Véronique DIELIE (manager)
- Director discharge, Véronique DIELIE
- Registered office clause, “4537 Verlaine,rue de Seraing-le-Château,30” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La création graphique (print,CD Rom,WEB); Tous conseils en communication; La création,la gestion ou la maintenance de tous sites…”
7 activities
- La création graphique (print,CD Rom,WEB)
- Tous conseils en communication
- La création,la gestion ou la maintenance de tous sites Internet,Extranet et Intranet,hébergement,statistiques,content management system,référencement…
- La programmation informatique
- La formation logicielle et technique
- Tous travaux de traduction,relecture,rédaction,réécriture
- Le consulting et la coordination de tous projets
- Name clauseThe name the company operates under according to its articles.
- CREATRAD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 18:00
Articles of association, deed of 30-11-2023 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61011B0536/04_000 | Wallonia | 1,317 m² | 1 · 82 m² | 7.4 m · 2 |