CT CREATION
ActiveSummary
CT CREATION has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,239 and a net result of €41,283. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 85% of 5,684 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-08-2005 Normal situation
- Activity
- Landscape service activities NACE 81300and 3 others
- Establishment unit
- 2.149.724.391 5140 Sombreffe, since 28-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 24-06-2025
Board and ownership
- Christophe TROIADirector · since 01-08-2005
- Christophe TROIA100%annual accounts 2017
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €128,375
- ▼ 2.3%
- Turnover
- ≈ €430,000
- estimated
- Profit
- €41,283
- ▼ 9.4%
- Equity
- €210,239
- ▼ 8.2%
- Total assets
- €279,054
- ▼ 6.6%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 3.55, cash €199,273Equity €210,239 (75.3% of total assets)Founded in 2005Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 81, micro). It does better than 92% of them on solvency, 92% on liquidity, 71% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 20 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 11% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Services to buildings and landscape activities (NACE 81). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 3 | 2 |
| full-time | 1 | 1 | 1 | 3 | 2 |
| part-time | - | 0 | 0 | 0 | - |
| in full-time equivalents | 1 | 0 | 1 | 3 | 2 |
| Average over the year, in full-time equivalents | 1.8 | 1.6 | 1.1 | 1.5 | 2.8 |
| On a permanent contract | 1 | 1 | 1 | 2 | 1 |
| Joined | 3 | 1 | 1 | 2 | 1 |
| Left | 3 | 1 | 1 | 0 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €826 | €51,068 | - | - | - |
| Depreciation and write-downs of the year | €23,364 | €24,426 | €27,067 | €19,305 | €14,908 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €212,786 | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €52,360 | €53,840 | €41,336 | €44,539 | €53,419 | ▲ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,122 | €19,736 | €24,134 | €23,364 | €24,426 | €27,067 | €19,305 | €14,908 | ▼ 22.8% |
| Other operating charges640/8 | - | - | - | €2,133 | €1,963 | €3,013 | €2,664 | €2,169 | ▼ 18.6% |
| Gross operating margin9900 | €121,527 | €69,080 | €62,347 | €92,973 | €162,883 | €115,582 | €131,343 | €128,375 | ▼ 2.3% |
| Operating profit (loss)9901 | €47,014 | -€11,187 | €8,885 | €15,117 | €82,654 | €44,166 | €64,835 | €57,880 | ▼ 10.7% |
| Financial income75/76B | - | - | - | - | €0 | €0 | - | €700 | - |
| Recurring financial income75 | €2,575 | €144 | - | - | €0 | €0 | - | €700 | - |
| Financial charges65/66B | - | - | - | €1,714 | €1,055 | €1,657 | €1,420 | €784 | ▼ 44.8% |
| Recurring financial charges65 | €2,747 | €2,579 | €2,213 | €1,714 | €1,055 | €1,657 | €1,420 | €784 | ▼ 44.8% |
| Profit (loss) for the period before taxes9903 | €46,842 | -€13,622 | €6,672 | €13,403 | €81,599 | €42,509 | €63,415 | €57,796 | ▼ 8.9% |
| Income taxes67/77 | €14,638 | - | €600 | €2,524 | €18,865 | €15,018 | €17,831 | €16,512 | ▼ 7.4% |
| Profit (loss) for the period9904 | €32,204 | -€13,622 | €6,072 | €10,880 | €62,734 | €27,491 | €45,584 | €41,283 | ▼ 9.4% |
| Profit (loss) for the period to be appropriated9905 | €32,204 | -€13,622 | €6,072 | €10,880 | €62,734 | €27,491 | €45,584 | €41,283 | ▼ 9.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €203,624 | €192,783 | €177,756 | €176,045 | €255,417 | €271,790 | €298,762 | €279,054 | ▼ 6.6% |
| Fixed assets21/28 | €107,690 | €148,749 | €124,616 | €102,078 | €128,720 | €101,653 | €82,348 | €67,440 | ▼ 18.1% |
| Tangible fixed assets22/27 | €107,690 | €148,749 | €124,616 | €102,078 | €128,720 | €101,653 | €82,348 | €67,440 | ▼ 18.1% |
| Land and buildings22 | - | - | - | €66,415 | €61,886 | €57,357 | €52,828 | €48,299 | ▼ 8.6% |
| Plant, machinery and equipment23 | - | - | - | €980 | €1,288 | €949 | €611 | €272 | ▼ 55.5% |
| Furniture and vehicles24 | - | - | - | €34,683 | €65,546 | €43,347 | €28,910 | €18,870 | ▼ 34.7% |
| Current assets29/58 | €95,934 | €44,034 | €53,141 | €73,967 | €126,697 | €170,137 | €216,415 | €211,614 | ▼ 2.2% |
| Stocks and contracts in progress3 | €3,479 | €1,125 | €1,153 | €1,322 | €1,935 | €4,855 | €2,303 | €7,392 | ▲ 221% |
| Stocks30/36 | - | - | - | €1,322 | €1,935 | €4,855 | €2,303 | €7,392 | ▲ 221% |
| Amounts receivable within one year40/41 | €27,984 | €24,013 | €29,335 | €28,408 | €17,901 | €30,229 | €11,221 | €57 | ▼ 99.5% |
| Trade receivables40 | - | - | - | €26,889 | €3,400 | €12,123 | €10,757 | €57 | ▼ 99.5% |
| Other amounts receivable41 | - | - | - | €1,519 | €14,501 | €18,106 | €464 | - | - |
| Cash at bank and in hand54/58 | €64,005 | €17,995 | €18,766 | €40,203 | €100,909 | €130,365 | €198,236 | €199,273 | ▲ 0.5% |
| Deferred charges and accrued income490/1 | - | - | - | €4,034 | €5,953 | €4,688 | €4,654 | €4,892 | ▲ 5.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €203,624 | €192,783 | €177,756 | €176,045 | €255,417 | €271,790 | €298,762 | €279,054 | ▼ 6.6% |
| Equity10/15 | €97,243 | €83,622 | €89,694 | €100,574 | €156,174 | €183,666 | €228,956 | €210,239 | ▼ 8.2% |
| Contributions10/11 | €19,000 | €19,000 | - | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Contributions outside capital11 | - | - | - | €19,000 | - | - | - | - | - |
| Other1109/19 | - | - | - | €19,000 | - | - | - | - | - |
| Reserves13 | €76,900 | €64,400 | €70,400 | €81,280 | €136,881 | €164,372 | €209,956 | €191,239 | ▼ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €79,380 | €134,981 | €164,372 | €209,956 | €191,239 | ▼ 8.9% |
| Profit (loss) carried forward14 | €1,343 | €222 | €294 | €294 | €294 | €294 | €0 | - | - |
| Amounts payable17/49 | €106,381 | €109,162 | €88,063 | €75,471 | €99,243 | €88,124 | €69,807 | €68,815 | ▼ 1.4% |
| Amounts payable after more than one year17 | €53,017 | €65,283 | €40,994 | €16,149 | €43,501 | €30,423 | €20,407 | €9,160 | ▼ 55.1% |
| Financial debts170/4 | - | - | - | €15,929 | €43,281 | €30,203 | €20,187 | €8,940 | ▼ 55.7% |
| Other amounts payable178/9 | - | - | - | €220 | €220 | €220 | €220 | €220 | = |
| Amounts payable within one year42/48 | €53,364 | €43,879 | €47,068 | €59,322 | €55,741 | €57,701 | €49,400 | €59,655 | ▲ 20.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €24,845 | €21,886 | €13,078 | €10,017 | €11,246 | ▲ 12.3% |
| Trade debts44 | €9,929 | €5,480 | €7,942 | €13,080 | €10,638 | €9,440 | €8,202 | €5,283 | ▼ 35.6% |
| Suppliers440/4 | - | - | - | €250 | €10,638 | €9,440 | €8,202 | €5,283 | ▼ 35.6% |
| Bills of exchange payable441 | - | - | - | €12,830 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €13,890 | €12,251 | €23,262 | €23,774 | €11,809 | ▼ 50.3% |
| Taxes450/3 | - | - | - | €5,108 | €5,118 | €18,883 | €17,619 | €5,099 | ▼ 71.1% |
| Remuneration and social security454/9 | - | - | - | €8,782 | €7,133 | €4,379 | €6,155 | €6,711 | ▲ 9.0% |
| Other amounts payable47/48 | - | - | - | €7,507 | €10,966 | €11,921 | €7,408 | €31,316 | ▲ 323% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,204 | -€13,622 | €6,072 | €10,880 | €62,734 | €27,491 | €45,584 | €41,283 | ▼ 9.4% |
| + Depreciation and write-downs630 | €12,122 | €19,736 | €24,134 | €23,364 | €24,426 | €27,067 | €19,305 | €14,908 | ▼ 22.8% |
| Operating cash flow (approximation) | €44,327 | €6,114 | €30,206 | €34,243 | €87,160 | €54,558 | €64,889 | €56,191 | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | -€60,795 | €0 | -€826 | -€51,068 | €0 | €0 | €0 | - |
| Change in cash | - | -€46,010 | €771 | €21,437 | €60,706 | €29,456 | €67,871 | €1,036 | ▼ 98.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as CT CREATION has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CT CREATION itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for CT CREATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00195309 | |
| 31-12-2024 | micro format | 07-08-2025 | 2025-00364138 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00376006 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00385002 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20363322 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60700118 | |
| 31-12-2019 | micro format | 17-06-2020 | 2020-17800434 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35800062 | |
| 31-12-2017 | micro format | 20-07-2018 | 2018-35600128 | |
| 31-12-2016 | micro format | 24-07-2017 | 2017-34600209 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Christophe TROIAnatural personSourceown accounts 2017100%
Capital transactions
- 20-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Christophe TROIA |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnel si plusieurs, même formalités si non actionnaires plein droit”
Articles of association, deed of 20-12-2023 (in French)
Network & group
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of CT CREATION. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-12
Gazette deed
Resignation: Christophe TROIA (manager)Reappointment: Christophe TROIA (director) · Amendment of the articles · Capital conversion10 points ▸
- General meeting, 06-12-2023
- Other provision, 0875.683.039, “BE 0875.683.039” (deed in French)
- Other provision, “constitution”, 01-08-2005 (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, Christophe TROIA (manager)
- Director reappointment, Christophe TROIA (director (not named in the articles))
- Other provision, “décharge au gérant démissionnaire, reportée” (deed in French)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
11 activities
- La création,implantation et entretien de jardins et parcs,
- La création et l’entretien de jardins,de parcs et d’espaces verts pour installations sportives,
- La création,la fourniture,la réalisation de projets d’aménagement de terrasses,de jardins,
- L’élagage des arbres et des haies,
- La taille des arbres fruitiers et des vignes,
- L’art floral et tout objet s’y rapportant(fleurs fraîches,séchées et artificielles),
- Tous travaux de terrassement et d’égouttage,
- Le commerce de gros et de détail spécialisé portant sur la large gamme d’articles de jardinage,et de produits horticoles(centres de jardinage),
- Commerce de gros et de détail de quincaillerie,peintures et matériaux de construction,
- Le montage de menuiseries extérieures et intérieures,portes,fenêtres,escaliers,placards,cuisines équipées,équipements pour magasins,dormants de portes et fenêtres,
- L’import et l’export de tous biens quelconques et notamment des produits d’alimentation générale tels que vins,de plantes,de matériels divers.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0875.683.039
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
1 category- C1 Ordinary sewer worksclass 1, up to €162,000
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92114G0422/00M002 | Wallonia | 668 m² | 1 · 61 m² | - |