K-Creation & PRODUCTION
A bankruptcy procedure is open for K-Creation & PRODUCTION according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €404k and a net result of €-1.22M.
| Equity | €404k |
| Net result | €-1.22M |
| Staff (FTE) | 33.9 |
| Better than sector | 28% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.6% | 32.9% | |
| Net result | €-1.22M | €30k | |
| Equity | €404k | €116k | |
| Gross operating margin | €2.62M | €60k | |
| Staff costs | €3.19M | €230k |
Show 15 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-847k |
| Net profit | €-1.22M |
| Cash flow | €-987k |
| Staff costs | €3.19M |
| Income taxes | €76k |
| Dividends | €200k |
| Total assets | €3.47M |
| Equity | €404k |
| Debt | €3.07M |
| of which ≤ 1y | €2.43M |
| of which > 1y | €503k |
| Working capital | €405k |
| Employees (FTE) | 33.9 |
| 2023 | |
|---|---|
| Current ratio | 1.17 |
| Quick ratio | 1.17 |
| Working capital ratio | 11.7% |
| Solvency | 11.6% |
| Debt / equity | 7.58 |
| Long-term debt ratio | 1.24 |
| Interest coverage | -11.00 |
| Gross margin | - |
| Net margin | - |
| ROA | -35.1% |
| ROE | -301.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.47M |
| Fixed assets | 21/28 | €637k |
| Intangible fixed assets | 21 | €16k |
| Tangible fixed assets | 22/27 | €571k |
| Financial fixed assets | 28 | €50k |
| Current assets | 29/58 | €2.83M |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €2.71M |
| Cash & bank | 54/58 | €97k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.47M |
| Equity | 10/15 | €404k |
| Contributions / capital | 10/11 | €64k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €313k |
| Amounts payable | 17/49 | €3.07M |
| Amounts payable after one year | 17 | €503k |
| Amounts payable within one year | 42/48 | €2.43M |
| Trade debts payable within one year | 44 | €841k |
| Income statement | ||
| Gross operating margin | 9900 | €2.62M |
| Operating result | 9901 | €-1.08M |
| Financial income | 75 | €13k |
| Financial charges | 65 | €77k |
| Result before taxes | 9903 | €-1.14M |
| Income taxes | 67/77 | €76k |
| Net result for the period | 9904 | €-1.22M |
| Result to be appropriated | 9905 | €-1.22M |
-
Bassem Ehab Moustafa KamelDirectorState Gazette act 25019913 (07-02-2025)Current07-02-2025 → present
-
JOGRALegal entityDirector· perm. rep.: Joachim De BueState Gazette act 25019913 (07-02-2025)Current07-02-2025 → present
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | EMMANUELLE BOUILLON CHAUSSEE DE LA
HULPE 187, 1170 WATERMAEL-BOITSFORT |
25-04-2025 → present | Belgian State Gazette |
| NACE primary | Activiteiten van reclamebureaus(73110) |
| Legal form | Public limited company(014) |
| Incorporation | 17-03-1982 |
| Status | Active |
| Postal code | 1000 |
| First BS signal | 02-05-2025 |
| Latest BS signal | 02-05-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0141/00A002 | Brussels | 1.1 ha | 1 · 1.1 ha | 34.6 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-02-2025 3 directors appointed
- Bassem Ehab Moustafa Kamel, Bestuurder
- Joachim De Bue, Bestuurder
- Freddy Van Cauter, Dagelijks bestuur
Technical details
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}31-01-2023 Registered office moved within Bruxelles
- Avenue du Port 86C à 1000 Bruxelles → Boulevard Général Wahis 16c - 1030 Bruxelles
Technical details
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}| Legal nameFR | K-Creation & PRODUCTION |
| AbbreviationFR | KCP |