CREATRONICS
ActiveSummary
CREATRONICS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33,230 and a net result of €28,501. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 6.97 against 17.14 in 2023; short-term debt: 14.4% and cash: 49.1% of total assets), and 14.4% of the assets are financed with debt.
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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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €33,230
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
16 d late
2022
70 d late
2021
85 d late
2020
80 d late
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 48 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€33,230▲ 603%
2023 · €4,729
Total assets
€38,799▲ 673%
2023 · €5,022
Net result
€28,501
2023 · -€11,970
Working capital
€33,230▲ 603%
2023 · €4,729
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,922▲ 79.2%-€6,400▼ 30.0%-€1,067▲ 83.3%-€11,886▼ 1,014%€28,552
Net result-€4,987below the sector's middle half▲ 79.0%-€6,445below the sector's middle half▼ 29.2%-€1,148below the sector's middle half▲ 82.2%-€11,970below the sector's middle half▼ 943%€28,501within the sector's middle half
Equity€24,292within the sector's middle half▼ 17.0%€17,847below the sector's middle half▼ 26.5%€16,699below the sector's middle half▼ 6.4%€4,729below the sector's middle half▼ 71.7%€33,230within the sector's middle half▲ 603%
Total assets€26,391below the sector's middle half▼ 28.0%€18,046below the sector's middle half▼ 31.6%€17,652below the sector's middle half▼ 2.2%€5,022below the sector's middle half▼ 71.6%€38,799below the sector's middle half▲ 673%
Debt€2,099▼ 71.5%€199▼ 90.5%€953▲ 378%€293▼ 69.3%€5,569▲ 1,801%
Working capital€23,927▲ 2.9%€17,847▼ 25.4%€16,699▼ 6.4%€4,729▼ 71.7%€33,230▲ 603%
Solvency92.0%above the sector's middle half▲ 12.1pp98.9%above the sector's middle half▲ 6.8pp94.6%above the sector's middle half▼ 4.3pp94.2%above the sector's middle half▼ 0.4pp85.6%above the sector's middle half▼ 8.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €28,552 after a loss of €11,886 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €38,799
Equity
€33,230 ▲ 603%
Debt
€5,569 ▲ 1,801%
Debt's share of the balance-sheet total rises from 5.8% to 14.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
6.97▼
2023 · 17.14
Debt to equity
0.17▲
2023 · 0.06
ROE
85.8%▲
2023 · -253.1%
ROA
73.5%▲
2023 · -238.4%
Debt ≤ 1 year
€5,569▲
2023 · €293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,368 | €365 | - | - | - | - |
| Other operating charges640/8 | - | €707 | - | €14,616 | €387 | ▼ 97.3% |
| Gross operating margin9900 | €85 | -€5,328 | -€1,067 | €2,730 | €28,939 | ▲ 960% |
| Operating profit (loss)9901 | -€4,922 | -€6,400 | -€1,067 | -€11,886 | €28,552 | ▲ 340% |
| Financial income75/76B | - | - | - | - | €25 | - |
| Recurring financial income75 | - | - | - | - | €25 | - |
| Financial charges65/66B | - | €46 | €82 | €84 | €77 | ▼ 8.7% |
| Recurring financial charges65 | €65 | €46 | €82 | €84 | €77 | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | -€4,987 | -€6,445 | -€1,148 | -€11,970 | €28,501 | ▲ 338% |
| Profit (loss) for the period9904 | -€4,987 | -€6,445 | -€1,148 | -€11,970 | €28,501 | ▲ 338% |
| Profit (loss) for the period to be appropriated9905 | -€4,987 | -€6,445 | -€1,148 | -€11,970 | €28,501 | ▲ 338% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,391 | €18,046 | €17,652 | €5,022 | €38,799 | ▲ 673% |
| Fixed assets21/28 | €365 | - | - | - | - | - |
| Tangible fixed assets22/27 | €365 | - | - | - | - | - |
| Current assets29/58 | €26,026 | €18,046 | €17,652 | €5,022 | €38,799 | ▲ 673% |
| Amounts receivable within one year40/41 | €19,396 | €17,488 | €17,649 | €1,005 | €19,747 | ▲ 1,866% |
| Trade receivables40 | - | €17,322 | €17,322 | €1,005 | €19,747 | ▲ 1,866% |
| Other amounts receivable41 | - | €166 | €327 | - | - | - |
| Cash at bank and in hand54/58 | €6,630 | €558 | €3 | €4,017 | €19,051 | ▲ 374% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,391 | €18,046 | €17,652 | €5,022 | €38,799 | ▲ 673% |
| Equity10/15 | €24,292 | €17,847 | €16,699 | €4,729 | €33,230 | ▲ 603% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Outside capital11 | - | €50,000 | €50,000 | - | €50,000 | - |
| Other1109/19 | - | €50,000 | €50,000 | - | €50,000 | - |
| Reserves13 | €150 | €150 | €150 | €150 | €150 | = |
| Non-distributable reserves130/1 | - | €150 | €150 | €150 | €150 | = |
| Reserves not available under the articles1311 | - | €150 | €150 | €150 | €150 | = |
| Profit (loss) carried forward14 | -€25,858 | -€32,303 | -€33,451 | -€45,421 | -€16,920 | ▲ 62.7% |
| Amounts payable17/49 | €2,099 | €199 | €953 | €293 | €5,569 | ▲ 1,801% |
| Amounts payable within one year42/48 | €2,099 | €199 | €953 | €293 | €5,569 | ▲ 1,801% |
| Trade debts44 | €1,910 | - | - | €5 | - | - |
| Suppliers440/4 | - | - | - | €5 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €135 | €5,406 | ▲ 3,910% |
| Taxes450/3 | - | - | - | €135 | €5,406 | ▲ 3,910% |
| Other amounts payable47/48 | - | €199 | €953 | €153 | €163 | ▲ 6.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,987 | -€6,445 | -€1,148 | -€11,970 | €28,501 | ▲ 338% |
| + Depreciation and write-downs630 | €1,368 | €365 | - | - | - | - |
| Operating cash flow (approximation) | -€3,619 | -€6,081 | -€1,148 | -€11,970 | €28,501 | ▲ 338% |
| Change in cash | - | -€6,072 | -€555 | €4,015 | €15,034 | ▲ 274% |
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
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €28,501
Net result €28,501 after 5 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Liquidity times 7current ratio 90.56
Current ratio from 12.40 to 90.56; short-term debt falls from €2,099 to €199.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 12.40
Current ratio from 4.16 to 12.40; short-term debt falls from €7,353 to €2,099.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet -€23,719
Net result drops to -€23,719, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Schaarbeek · 1 establishment unit since 2017
Ground area
1,139 m²
Building footprint
818 m²
Volume, LiDAR
10,866 m³
Parcel 21911C0100/00P006, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Creatronics
since 20172.265.696.603
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0100/00P006 | Brussels | 1,139 m² | 1 · 818 m² | 20.5 m · 6 fl. |
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.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,554 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 (pre-2019)
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
26110Manufacture of computer, electronic and optical products
43211General electrical installation work
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677624677
Also
9925:BE0677624677
Registered
30-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.