CREATUS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CREATUS CONSTRUCT is 2.0% (moderate). The 2024 annual accounts show equity of €89k and a net result of €148k. Equity is growing by ~54.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency59▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.44 in 2023; short-term debt: 43.6% and cash: 0% of total assets), but 66.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2025, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
25 d early
2023
101 d late
2022
55 d late
2021
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€89k▲ 59.4%
2023 · €56k
2021: €12k
2022: €36k
2023: €56k
2021 → 2024
Total assets
€265k▲ 91.9%
2023 · €138k
2021: €25k
2022: €81k
2023: €138k
2021 → 2024
Net result
€148k▲ 86.1%
2023 · €80k
2021: €10k
2022: €45k
2023: €80k
2021 → 2024
Working capital
€123k▲ 365%
2023 · €27k
2021: €8k
2022: €53k
2023: €27k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€36k▲ 214%€56k▲ 54.2%€89k▲ 59.4%
Operating result€10k-€45k▲ 329%€80k▲ 78.1%€122k▲ 52.6%
Net result€10k-€45k▲ 329%€80k▲ 78.1%€148k▲ 86.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 53% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265k
Fixed assets
€26k ▼ 50.0%
Current assets
€239k ▲ 176%
Equity and liabilities €265k
Equity
€89k ▲ 59.4%
Debt
€175k ▲ 114%
Debt's share of the balance-sheet total rises from 59.4% to 66.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€147k▲
2023 · €107k
Cash flow
€174k▲
2023 · €107k
Current ratio
2.07▲
2023 · 1.44
Debt to equity
1.97▲
2023 · 1.46
ROE
166.2%▲
2023 · 142.4%
ROA
56.0%▼
2023 · 57.8%
Interest coverage
3188.63▲
2023 · 830.05
Debt ≤ 1 year
€115k▲
2023 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€138k€265k▲
Fixed assets21/28€51k€26k▼
Tangible fixed assets22/27€51k€26k▼
Furniture and vehicles24€51k€26k▼
Current assets29/58€87k€239k▲
Amounts receivable within one year40/41€84k€239k▲
Trade receivables40€4k€54k▲
Other amounts receivable41€80k€185k▲
Cash at bank and in hand54/58€2k€67▼
Equity and liabilities
Total equity and liabilities10/49€138k€265k▲
Equity10/15€56k€89k▲
Contributions10/11€1k€1k=
Reserves13€115€115=
Non-distributable reserves130/1€115€115=
Reserves not available under the articles1311€115€115=
Profit (loss) carried forward14€55k€88k▲
Amounts payable17/49€82k€175k▲
Amounts payable within one year42/48€60k€115k▲
Financial debts43-€471
Credit institutions430/8-€471
Other amounts payable47/48€60k€115k▲
Accrued charges and deferred income492/3€22k€60k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€26k▼
Other operating charges640/8-€3k
Gross operating margin9900€107k€150k▲
Operating profit (loss)9901€80k€122k▲
Financial charges65/66B€129€46▼
Recurring financial charges65€129€46▼
Profit (loss) for the period before taxes9903€80k€122k▲
Transfer from deferred taxes780-€27k
Profit (loss) for the period9904€80k€148k▲
Profit (loss) for the period to be appropriated9905€80k€148k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€203k▲
Profit (loss) brought forward from the previous period14P€35k€55k▲
Profit to be distributed694/7€60k€115k▲
Directors or managers695€60k€115k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €148k ▲86.1%
Operating result €122k, net result €148k, both a record.
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 101 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 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, Wemmel · 1 establishment unit since 2020
Ground area
291 m²
Building footprint
255 m²
Volume, LiDAR
2,327 m³
2 parcels, Brussels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
470
companies at this address
See who is registered here
1 establishment unit
CREATUS CONSTRUCT
since 20202.305.860.145
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
| 21392B0100/00R005 | Brussels | 143 m² | 1 · 110 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,036. 13,158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.