iCreate
ActiveSummary
iCreate has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€4,221) and a net result of -€1,300. Equity is shrinking by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,906 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €2,565 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €2,854 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €870 | €501 | €608 | €188 | €188 | ▲ 0.3% |
| Other operating charges640/8 | - | - | - | - | €403 | - |
| Gross operating margin9900 | €2,764 | -€615 | -€1,099 | -€19 | -€289 | ▼ 1,439% |
| Operating profit (loss)9901 | €1,893 | -€1,117 | -€1,707 | -€206 | -€880 | ▼ 327% |
| Financial charges65/66B | - | - | €183 | €180 | €420 | ▲ 133% |
| Recurring financial charges65 | €102 | €126 | €183 | €180 | €420 | ▲ 133% |
| Profit (loss) for the period before taxes9903 | €1,791 | -€1,243 | -€1,890 | -€386 | -€1,300 | ▼ 237% |
| Profit (loss) for the period9904 | €1,791 | -€1,243 | -€1,890 | -€386 | -€1,300 | ▼ 237% |
| Profit (loss) for the period to be appropriated9905 | €1,791 | -€1,243 | -€1,890 | -€386 | -€1,300 | ▼ 237% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,135 | €3,105 | €1,873 | €1,664 | €2,931 | ▲ 76.1% |
| Fixed assets21/28 | €841 | €1,089 | €481 | €294 | €106 | ▼ 63.9% |
| Tangible fixed assets22/27 | €841 | €1,089 | €481 | €294 | €106 | ▼ 63.9% |
| Plant, machinery and equipment23 | - | - | €481 | €294 | €106 | ▼ 63.9% |
| Current assets29/58 | €3,294 | €2,016 | €1,392 | €1,370 | €2,825 | ▲ 106% |
| Stocks and contracts in progress3 | - | €1,275 | €1,275 | €1,275 | €1,275 | = |
| Stocks30/36 | - | - | €1,275 | €1,275 | €1,275 | = |
| Cash at bank and in hand54/58 | €3,294 | €741 | €117 | €95 | €1,550 | ▲ 1,530% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,135 | €3,105 | €1,873 | €1,664 | €2,931 | ▲ 76.1% |
| Equity10/15 | €598 | -€644 | -€2,534 | -€2,921 | -€4,221 | ▼ 44.5% |
| Contributions10/11 | €17,000 | - | €17,000 | €17,000 | €17,000 | = |
| Profit (loss) carried forward14 | -€16,402 | -€17,644 | -€19,534 | -€19,921 | -€21,221 | ▼ 6.5% |
| Amounts payable17/49 | €3,536 | €3,749 | €4,408 | €4,585 | €7,152 | ▲ 56.0% |
| Amounts payable within one year42/48 | €3,536 | €3,749 | €4,408 | €4,585 | €7,152 | ▲ 56.0% |
| Other amounts payable47/48 | - | - | €4,408 | €4,585 | €7,152 | ▲ 56.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,791 | -€1,243 | -€1,890 | -€386 | -€1,300 | ▼ 237% |
| + Depreciation and write-downs630 | €870 | €501 | €608 | €188 | €188 | ▲ 0.3% |
| Operating cash flow (approximation) | €2,661 | -€741 | -€1,282 | -€199 | -€1,112 | ▼ 459% |
| Investment in fixed assets (approximation) | - | -€750 | €0 | €0 | -€0 | - |
| Change in cash | - | -€2,553 | -€624 | -€22 | €1,455 | ▲ 6,746% |
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 5 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. |
|---|---|---|---|---|
| 21363B0409/00G003 | Brussels | 168 m² | 1 · 95 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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