CREATUFT
ActiveSummary
CREATUFT has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.54M and a net result of €-392k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 41% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €15.41M | €15.47M | €17.31M | €16.46M | €15.34M | ▼ 6.8% |
| Turnover70 | €15.48M | €15.38M | €16.08M | €15.68M | €15.40M | ▼ 1.8% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €-562k | €-408k | €667k | €270k | €-499k | ▼ 285% |
| Other operating income74 | €485k | €498k | €567k | €508k | €433k | ▼ 14.7% |
| Non-recurring operating income76A | €3k | €2k | €0 | €1k | - | - |
| Operating charges60/66A | €14.58M | €15.35M | €17.01M | €16.54M | €15.48M | ▼ 6.4% |
| Goods for resale, raw materials and consumables60 | €7.67M | €7.63M | €8.55M | €8.20M | €7.27M | ▼ 11.4% |
| Purchases600/8 | €7.20M | €8.18M | €8.17M | €8.11M | €7.67M | ▼ 5.5% |
| Change in stocks: decrease (increase)609 | €471k | €-543k | €381k | €88k | €-402k | ▼ 555% |
| Services and other goods61 | €2.83M | €3.26M | €3.40M | €3.21M | €3.20M | ▼ 0.5% |
| Remuneration, social security and pensions62 | €3.50M | €3.87M | €4.38M | €4.32M | €4.16M | ▼ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €484k | €468k | €555k | €672k | €737k | ▲ 9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | €1k | €1k | ▼ 13.7% |
| Other operating charges640/8 | €89k | €116k | €125k | €128k | €122k | ▼ 5.0% |
| Operating profit (loss)9901 | €832k | €118k | €309k | €-77k | €-146k | ▼ 89.1% |
| Financial income75/76B | €77k | €81k | €86k | €719k | €42k | ▼ 94.2% |
| Recurring financial income75 | €77k | €81k | €86k | €65k | €40k | ▼ 39.1% |
| Income from current assets751 | €14k | €5k | €2k | €2k | €2k | ▲ 20.2% |
| Other financial income752/9 | €63k | €76k | €84k | €64k | €38k | ▼ 40.8% |
| Non-recurring financial income76B | - | - | - | €654k | €2k | ▼ 99.7% |
| Financial charges65/66B | €286k | €279k | €277k | €284k | €283k | ▼ 0.4% |
| Recurring financial charges65 | €286k | €279k | €277k | €284k | €283k | ▼ 0.4% |
| Debt charges650 | €97k | €82k | €100k | €115k | €104k | ▼ 9.7% |
| Other financial charges652/9 | €189k | €197k | €177k | €169k | €179k | ▲ 5.9% |
| Profit (loss) for the period before taxes9903 | €622k | €-80k | €118k | €358k | €-387k | ▼ 208% |
| Income taxes67/77 | €2k | €2k | €-122 | €2k | €5k | ▲ 121% |
| Taxes670/3 | €2k | €3k | €262 | €3k | €6k | ▲ 126% |
| Tax adjustments and reversals of tax provisions77 | €571 | €208 | €384 | €325 | €845 | ▲ 160% |
| Profit (loss) for the period9904 | €621k | €-82k | €118k | €356k | €-392k | ▼ 210% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €621k | €-82k | €118k | €356k | €-392k | ▼ 210% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.29M | €15.06M | €16.59M | €17.49M | €17.47M | ▼ 0.1% |
| Fixed assets21/28 | €7.74M | €7.44M | €7.62M | €8.42M | €8.45M | ▲ 0.4% |
| Intangible fixed assets21 | €76k | €25k | €14k | €198k | €174k | ▼ 12.1% |
| Tangible fixed assets22/27 | €3.28M | €3.38M | €3.57M | €3.53M | €3.64M | ▲ 3.0% |
| Land and buildings22 | €2.36M | €2.24M | €2.16M | €2.21M | €2.64M | ▲ 19.7% |
| Plant, machinery and equipment23 | €732k | €1.00M | €1.31M | €1.27M | €969k | ▼ 23.9% |
| Furniture and vehicles24 | €189k | €135k | €90k | €52k | €29k | ▼ 43.5% |
| Financial fixed assets28 | €4.39M | €4.04M | €4.04M | €4.69M | €4.64M | ▼ 1.1% |
| Affiliated companies280/1 | €4.38M | €4.03M | €4.03M | €4.69M | €4.64M | ▼ 1.1% |
| Participating interests280 | €3.98M | €3.98M | €3.98M | €4.64M | €4.64M | = |
| Amounts receivable281 | €400k | €50k | €50k | €50k | - | - |
| Other financial fixed assets284/8 | €2k | €2k | €2k | €2k | €2k | = |
| Amounts receivable and cash guarantees285/8 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €7.55M | €7.62M | €8.97M | €9.07M | €9.02M | ▼ 0.6% |
| Stocks and contracts in progress3 | €5.24M | €5.37M | €5.66M | €5.84M | €5.74M | ▼ 1.7% |
| Stocks30/36 | €5.24M | €5.37M | €5.66M | €5.84M | €5.74M | ▼ 1.7% |
| Raw materials and consumables30/31 | €2.58M | €3.12M | €2.74M | €2.65M | €3.05M | ▲ 15.1% |
| Work in progress32 | €370k | €267k | €396k | €520k | €404k | ▼ 22.3% |
| Finished goods33 | €2.29M | €1.98M | €2.52M | €2.67M | €2.28M | ▼ 14.4% |
| Amounts receivable within one year40/41 | €1.56M | €1.63M | €3.00M | €2.87M | €2.71M | ▼ 5.8% |
| Trade receivables40 | €1.44M | €1.54M | €2.81M | €2.73M | €2.58M | ▼ 5.2% |
| Other amounts receivable41 | €119k | €90k | €187k | €144k | €121k | ▼ 16.0% |
| Cash at bank and in hand54/58 | €745k | €590k | €294k | €336k | €552k | ▲ 64.4% |
| Deferred charges and accrued income490/1 | €5k | €23k | €21k | €28k | €23k | ▼ 19.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.29M | €15.06M | €16.59M | €17.49M | €17.47M | ▼ 0.1% |
| Equity10/15 | €8.54M | €8.45M | €8.57M | €8.93M | €8.54M | ▼ 4.4% |
| Contributions10/11 | €250k | €250k | €250k | €250k | €250k | = |
| Capital10 | €250k | €250k | €250k | €250k | €250k | = |
| Issued capital100 | €250k | €250k | €250k | €250k | €250k | = |
| Reserves13 | €8.27M | €8.19M | €8.31M | €8.66M | €8.27M | ▼ 4.5% |
| Non-distributable reserves130/1 | €102k | €102k | €102k | €102k | €102k | = |
| Legal reserve130 | €25k | €25k | €25k | €25k | €25k | = |
| Other1319 | €77k | €77k | €77k | €77k | €77k | = |
| Tax-exempt reserves132 | €618k | €618k | €618k | €618k | €618k | = |
| Distributable reserves133 | €7.55M | €7.47M | €7.59M | €7.94M | €7.55M | ▼ 4.9% |
| Investment grants15 | €16k | €16k | €16k | €16k | €16k | = |
| Amounts payable17/49 | €6.76M | €6.60M | €8.02M | €8.57M | €8.94M | ▲ 4.3% |
| Amounts payable after more than one year17 | €3.63M | €3.37M | €3.15M | €3.38M | €3.51M | ▲ 3.7% |
| Financial debts170/4 | €3.53M | €3.34M | €3.15M | €3.38M | €3.51M | ▲ 3.7% |
| Credit institutions173 | €1.65M | €1.54M | €1.44M | €1.51M | €1.77M | ▲ 17.3% |
| Other loans174 | €1.88M | €1.80M | €1.71M | €1.88M | €1.74M | ▼ 7.2% |
| Other amounts payable178/9 | €100k | €30k | €0 | - | - | - |
| Amounts payable within one year42/48 | €3.10M | €3.21M | €4.84M | €5.16M | €5.41M | ▲ 4.9% |
| Current portion of amounts payable after more than one year42 | €229k | €155k | €115k | €135k | €135k | = |
| Financial debts43 | €702k | €702k | €859k | €917k | €769k | ▼ 16.1% |
| Credit institutions430/8 | €702k | €702k | €859k | €917k | €769k | ▼ 16.1% |
| Trade debts44 | €1.47M | €1.62M | €2.95M | €3.32M | €3.70M | ▲ 11.7% |
| Suppliers440/4 | €1.47M | €1.62M | €2.95M | €3.32M | €3.70M | ▲ 11.7% |
| Taxes, remuneration and social security45 | €705k | €735k | €916k | €790k | €804k | ▲ 1.7% |
| Taxes450/3 | €44k | €35k | €59k | €47k | €49k | ▲ 5.5% |
| Remuneration and social security454/9 | €661k | €700k | €857k | €744k | €755k | ▲ 1.5% |
| Accrued charges and deferred income492/3 | €27k | €23k | €24k | €21k | €16k | ▼ 27.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €621k | €-82k | €118k | €356k | €-392k | ▼ 210% |
| + Depreciation and write-downs630 | €484k | €468k | €555k | €672k | €737k | ▲ 9.7% |
| Operating cash flow (approximation) | €1.11M | €386k | €673k | €1.03M | €345k | ▼ 66.4% |
| Investment in fixed assets (approximation) | - | €-164k | €-733k | €-1.47M | €-770k | ▲ 47.7% |
| Change in cash | - | €-155k | €-295k | €41k | €216k | ▲ 425% |
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
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0413/00F000 | Flanders | 1.8 ha | 1 · 1.3 ha | - |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 93,485 EUR awarded · 93,012 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,398 EUR | 1,925 EUR |
| 2024 | 3 | 25,973 EUR | 25,973 EUR |
| 2023 | 3 | 44,564 EUR | 44,564 EUR |
| 2022 | 2 | 20,550 EUR | 20,550 EUR |
Recognitions · licences · registrations
Dual-learning approval
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Similar companies · same sector, comparable size
Identification & contact
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