CREATRENDS
ActiveSummary
CREATRENDS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318,133 and a net result of -€62,108. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 33% of 5,034 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Financials · financial year 2025, full format
Turnover
≈ €130,000
Estimated: probably between €71,000 and €220,000
EBIT margin
Not included in this filing
Net result
-€62,108▲ 87.4%
2024 · -€491,016
Working capital
€505,461▼ 48.6%
2024 · €984,252
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 97% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.02m
2025
Net result-€0.06m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.5m
2025
Equity€0.3m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-4.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency21.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio4.29
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.001m-€0.008m▲ 11×-€0.03m-€0.05m▼ 44.5%-€0.04m▲ 27.6%€0.5m€0.02m▼ 96.9%
Net result-€0.008m--€0.003mbelow the sector's middle half▲ 64.5%-€0.05mbelow the sector's middle half▼ 1,580%-€0.1mbelow the sector's middle half▼ 124%-€0.1mbelow the sector's middle half▼ 20.5%-€0.5mbelow the sector's middle half▼ 282%-€0.06mbelow the sector's middle half▲ 87.4%
Equity€1.2m-€1.2mabove the sector's middle half▼ 0.2%€1.1mabove the sector's middle half▼ 4.1%€1.0mabove the sector's middle half▼ 9.6%€0.9mabove the sector's middle half▼ 12.9%€0.4mwithin the sector's middle half▼ 56.4%€0.3mwithin the sector's middle half▼ 16.3%
Total assets€2.6m-€2.6mabove the sector's middle half▲ 0.5%€2.5mabove the sector's middle half▼ 4.8%€2.5mabove the sector's middle half▲ 1.2%€2.6mabove the sector's middle half▲ 5.4%€1.5mwithin the sector's middle half▼ 42.2%€1.5mwithin the sector's middle half▼ 3.2%
Debt€0.5m-€0.4m▼ 7.7%€0.3m▼ 29.9%€0.5m▲ 51.9%€0.7m▲ 58.8%€0.2m▼ 79.8%€0.2m▲ 19.5%
Working capital€1.7m-€1.8mabove the sector's middle half▲ 4.0%€1.8mabove the sector's middle half▲ 1.9%-€0.3mbelow the sector's middle half-€0.3mbelow the sector's middle half▲ 18.3%€1.0mabove the sector's middle half€0.5mwithin the sector's middle half▼ 48.6%
Solvency45.2%-44.9%within the sector's middle half▼ 0.4pp45.2%within the sector's middle half▲ 0.3pp40.3%within the sector's middle half▼ 4.8pp33.3%within the sector's middle half▼ 7.0pp25.2%within the sector's middle half▼ 8.2pp21.7%within the sector's middle half▼ 3.4pp
Current ratio5.01-5.61above the sector's middle half▲ 0.608.26above the sector's middle half▲ 2.650.27below the sector's middle half▼ 7.990.63below the sector's middle half▲ 0.368.93above the sector's middle half▲ 8.294.29above the sector's middle half▼ 4.64
Return on assets (ROA)-0.3%--0.1%below the sector's middle half▲ 0.2pp-1.9%below the sector's middle half▼ 1.8pp-4.3%below the sector's middle half▼ 2.4pp-4.9%below the sector's middle half▼ 0.6pp-32.5%below the sector's middle half▼ 27.6pp-4.2%below the sector's middle half▲ 28.2pp
above
within
below
the middle half of NACE 47, Retail trade: 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.
The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2025 Net result +87% on 2024. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€803,701 ▲ 99.4%
Current assets
€659,125 ▼ 40.5%
Equity and liabilities €1.5m
Equity
€318,133 ▼ 16.3%
Provisions
€963,921 ▼ 1.6%
Debt
€180,772 ▲ 19.5%
Debt's share of the balance-sheet total rises from 10.0% to 12.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16,535▼
2024 · €496,257
Cash flow
-€61,163▲
2024 · -€490,159
Debt to equity
0.57▲
2024 · 0.40
ROE
-19.5%▲
2024 · -129.1%
Interest coverage
0.18▼
2024 · 5.99
Debt ≤ 1 year
€153,664▲
2024 · €124,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.002m | €0.001m | €0.001m | ▲ 10.3% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.001m | €0.001m | €0.001m | ▲ 2.6% |
| Gross operating margin9900 | €0.03m | €0.03m | -€0.01m | -€0.03m | -€0.03m | €0.5m | €0.02m | ▼ 96.4% |
| Operating profit (loss)9901 | €0.001m | €0.008m | -€0.03m | -€0.05m | -€0.04m | €0.5m | €0.02m | ▼ 96.9% |
| Financial income75/76B | - | - | - | €0.07m | €0.006m | €0.3m | €0.02m | ▼ 95.0% |
| Recurring financial income75 | €0.06m | €0.07m | €0.07m | €0.07m | €0.006m | €0.3m | €0.02m | ▼ 95.0% |
| Financial charges65/66B | - | - | - | €0.1m | €0.1m | €1.3m | €0.09m | ▼ 92.7% |
| Recurring financial charges65 | €0.07m | €0.08m | €0.08m | €0.1m | €0.1m | €0.08m | €0.09m | ▲ 12.9% |
| Non-recurring financial charges66B | - | - | - | - | - | €1.2m | - | - |
| Profit (loss) for the period before taxes9903 | -€0.008m | -€0.003m | -€0.05m | -€0.1m | -€0.1m | -€0.5m | -€0.06m | ▲ 86.8% |
| Income taxes67/77 | - | - | - | - | - | €0.02m | - | - |
| Profit (loss) for the period9904 | -€0.008m | -€0.003m | -€0.05m | -€0.1m | -€0.1m | -€0.5m | -€0.06m | ▲ 87.4% |
| Profit (loss) for the period to be appropriated9905 | -€0.008m | -€0.003m | -€0.05m | -€0.1m | -€0.1m | -€0.5m | -€0.06m | ▲ 87.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.6m | €2.6m | €2.5m | €2.5m | €2.6m | €1.5m | €1.5m | ▼ 3.2% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €2.4m | €2.2m | €0.4m | €0.8m | ▲ 99.4% |
| Tangible fixed assets22/27 | €0.05m | €0.04m | €0.02m | €0.006m | €0.004m | €0.003m | €0.004m | ▲ 24.5% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.004m | €0.003m | €0.004m | ▲ 24.5% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €2.4m | €2.2m | €0.4m | €0.8m | ▲ 100.0% |
| Current assets29/58 | €2.2m | €2.2m | €2.1m | €0.1m | €0.5m | €1.1m | €0.7m | ▼ 40.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 16.7% |
| Other amounts receivable291 | - | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 16.7% |
| Amounts receivable within one year40/41 | €0.07m | €0.03m | €0.05m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 54.1% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 79.3% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.008m | €0.03m | €0.01m | ▼ 60.2% |
| Current investments50/53 | - | - | - | - | - | €0.5m | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.04m | €0.03m | €0.005m | €0.02m | €0.1m | €0.005m | ▼ 95.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.008m | €0.03m | €0.03m | ▼ 8.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.6m | €2.6m | €2.5m | €2.5m | €2.6m | €1.5m | €1.5m | ▼ 3.2% |
| Equity10/15 | €1.2m | €1.2m | €1.1m | €1.0m | €0.9m | €0.4m | €0.3m | ▼ 16.3% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €1.1m | €1.1m | €1.0m | €0.9m | €0.8m | €0.3m | €0.2m | ▼ 20.9% |
| Provisions and deferred taxes16 | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 1.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 1.6% |
| Other liabilities and charges164/5 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 1.6% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.3m | €0.5m | €0.7m | €0.2m | €0.2m | ▲ 19.5% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.3m | €0.4m | €0.7m | €0.1m | €0.2m | ▲ 23.7% |
| Trade debts44 | €0.02m | €0.03m | €0.03m | €0.03m | €0.06m | €0.1m | €0.03m | ▼ 71.6% |
| Suppliers440/4 | - | - | - | €0.03m | €0.06m | €0.1m | €0.03m | ▼ 71.6% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €0.01m | €0.01m | ▲ 0.4% |
| Taxes450/3 | - | - | - | - | - | €0.01m | €0.01m | ▲ 0.4% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.7m | - | €0.1m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 0.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.008m | -€0.003m | -€0.05m | -€0.1m | -€0.1m | -€0.5m | -€0.06m | ▲ 87.4% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.002m | €0.001m | €0.001m | ▲ 10.3% |
| Operating cash flow (approximation) | €0.01m | €0.02m | -€0.03m | -€0.09m | -€0.1m | -€0.5m | -€0.06m | ▲ 87.5% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€0.002m | -€2.0m | €0.2m | €1.8m | -€0.4m | - |
| Change in cash | - | €0.01m | -€0.01m | -€0.03m | €0.01m | €0.08m | -€0.1m | - |
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 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 10-07-2026 | 2026-00277392 |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00509494 |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00300838 |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00307177 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-04000105 |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-02100292 |
| 30-06-2019 | abbreviated format | 14-01-2020 | 2020-00900273 |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03200075 |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-03100278 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02600358 |
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Of the 3,171 active companies whose main activity is retail sale of information and communication equipment (NACE 47400), figures are known for 1,831. 1,237 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.