KDB CREATIVE
Bankruptcy closedSummary
KDB CREATIVE was declared bankrupt on 30-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 04-11-2025, published in the Belgian State Gazette on 12-11-2025. The 2023 annual accounts show negative equity (-€45,279) and a net result of -€35,936.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 04-01-2024, 27 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
27 d early
2022
24 d early
2021
28 d early
2020
41 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other retail sale of new goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
-€45,279▼ 385%
2022 · -€9,344
Total assets
€18,225▼ 81.0%
2022 · €95,698
Net result
-€35,936▼ 261%
2022 · -€9,944
Working capital
-€44,351▲ 3.8%
2022 · -€46,096
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,565--€18,705▼ 1,095%€21,304-€10,447-€36,708▼ 251%
Net result-€2,562--€19,751below the sector's middle half▼ 671%€19,625within the sector's middle half-€9,944below the sector's middle half-€35,936below the sector's middle half▼ 261%
Equity€726--€19,024below the sector's middle half€601below the sector's middle half-€9,344below the sector's middle half-€45,279below the sector's middle half▼ 385%
Total assets€124,684-€125,815below the sector's middle half▲ 0.9%€109,862below the sector's middle half▼ 12.7%€95,698below the sector's middle half▼ 12.9%€18,225below the sector's middle half▼ 81.0%
Debt€123,958-€144,840▲ 16.8%€104,762▼ 27.7%€100,542▼ 4.0%€63,504▼ 36.8%
Working capital-€9,293--€28,581below the sector's middle half▼ 208%-€41,037below the sector's middle half▼ 43.6%-€46,096below the sector's middle half▼ 12.3%-€44,351below the sector's middle half▲ 3.8%
Solvency0.6%--15.1%below the sector's middle half▼ 15.7pp0.5%below the sector's middle half▲ 15.7pp-9.8%below the sector's middle half▼ 10.3pp-248.4%below the sector's middle half▼ 238.7pp
Current ratio0.86-0.67below the sector's middle half▼ 0.190.59below the sector's middle half▼ 0.080.53below the sector's middle half▼ 0.050.29below the sector's middle half▼ 0.24
Return on assets (ROA)-2.1%--15.7%below the sector's middle half▼ 13.6pp17.9%above the sector's middle half▲ 33.6pp-10.4%below the sector's middle half▼ 28.3pp-197.2%below the sector's middle half▼ 186.8pp
Staff (FTE)0.1-0.5below the sector's middle half▲ 400%0.5below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36,708 in 2023 against €10,447 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
Quick ratio
0.20▲
2022 · 0.03
Debt to equity
-1.40▲
2022 · -10.76
Debt ≤ 1 year
€62,576▼
2022 · €99,124
Income taxes
€117▲
2022 · €116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,415 | €11,478 | €11,998 | €9,219 | - | - |
| Other operating charges640/8 | - | - | - | €348 | €493 | ▲ 41.9% |
| Non-recurring operating charges66A | - | - | - | - | €9,881 | - |
| Gross operating margin9900 | €11,936 | €5,321 | €49,558 | -€880 | -€26,334 | ▼ 2,891% |
| Operating profit (loss)9901 | -€1,565 | -€18,705 | €21,304 | -€10,447 | -€36,708 | ▼ 251% |
| Financial income75/76B | - | - | - | €1,478 | €1,397 | ▼ 5.5% |
| Recurring financial income75 | €44 | €60 | €40 | €63 | €1,397 | ▲ 2,115% |
| Non-recurring financial income76B | - | - | - | €1,415 | - | - |
| Financial charges65/66B | - | - | - | €859 | €507 | ▼ 41.0% |
| Recurring financial charges65 | €1,041 | €1,105 | €819 | €859 | €507 | ▼ 41.0% |
| Profit (loss) for the period before taxes9903 | -€2,562 | -€19,751 | €20,525 | -€9,828 | -€35,819 | ▼ 264% |
| Income taxes67/77 | - | - | €900 | €116 | €117 | ▲ 0.7% |
| Profit (loss) for the period9904 | -€2,562 | -€19,751 | €19,625 | -€9,944 | -€35,936 | ▼ 261% |
| Profit (loss) for the period to be appropriated9905 | -€2,562 | -€19,751 | €19,625 | -€9,944 | -€35,936 | ▼ 261% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €124,684 | €125,815 | €109,862 | €95,698 | €18,225 | ▼ 81.0% |
| Formation expenses20 | €473 | €222 | - | - | - | - |
| Fixed assets21/28 | €69,260 | €67,704 | €51,889 | €42,670 | - | - |
| Intangible fixed assets21 | - | €1,596 | - | - | - | - |
| Tangible fixed assets22/27 | €69,260 | €66,108 | €51,889 | €42,670 | - | - |
| Plant, machinery and equipment23 | - | - | - | €42,050 | - | - |
| Furniture and vehicles24 | - | - | - | €620 | - | - |
| Current assets29/58 | €54,951 | €57,889 | €57,973 | €53,028 | €18,225 | ▼ 65.6% |
| Stocks and contracts in progress3 | €53,016 | €50,780 | €52,265 | €50,302 | €5,644 | ▼ 88.8% |
| Stocks30/36 | - | - | - | €50,302 | €5,644 | ▼ 88.8% |
| Amounts receivable within one year40/41 | €1,468 | €818 | €3,091 | €970 | €1,978 | ▲ 104% |
| Trade receivables40 | - | - | - | €823 | €1,459 | ▲ 77.2% |
| Other amounts receivable41 | - | - | - | €146 | €519 | ▲ 255% |
| Cash at bank and in hand54/58 | - | €3,300 | - | - | €8,970 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,757 | €1,633 | ▼ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €124,684 | €125,815 | €109,862 | €95,698 | €18,225 | ▼ 81.0% |
| Equity10/15 | €726 | -€19,024 | €601 | -€9,344 | -€45,279 | ▼ 385% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€17,874 | -€37,624 | -€17,999 | -€27,944 | -€63,879 | ▼ 129% |
| Provisions and deferred taxes16 | - | - | €4,500 | €4,500 | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €4,500 | - | - |
| Other liabilities and charges164/5 | - | - | - | €4,500 | - | - |
| Amounts payable17/49 | €123,958 | €144,840 | €104,762 | €100,542 | €63,504 | ▼ 36.8% |
| Amounts payable after more than one year17 | €59,512 | €57,723 | €4,324 | €872 | - | - |
| Financial debts170/4 | - | - | - | €872 | - | - |
| Amounts payable within one year42/48 | €64,244 | €86,471 | €99,010 | €99,124 | €62,576 | ▼ 36.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,453 | - | - |
| Financial debts43 | - | - | - | €3,795 | - | - |
| Credit institutions430/8 | - | - | - | €3,795 | - | - |
| Trade debts44 | €292 | €2,045 | €1,436 | €1,396 | €3,329 | ▲ 139% |
| Suppliers440/4 | - | - | - | €1,396 | €3,329 | ▲ 139% |
| Taxes, remuneration and social security45 | - | - | - | €560 | €6,984 | ▲ 1,147% |
| Taxes450/3 | - | - | - | €560 | €6,984 | ▲ 1,147% |
| Other amounts payable47/48 | - | - | - | €89,921 | €52,263 | ▼ 41.9% |
| Accrued charges and deferred income492/3 | - | - | - | €546 | €928 | ▲ 70.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,562 | -€19,751 | €19,625 | -€9,944 | -€35,936 | ▼ 261% |
| + Depreciation and write-downs630 | €10,415 | €11,478 | €11,998 | €9,219 | - | - |
| Operating cash flow (approximation) | €7,853 | -€8,273 | €31,623 | -€725 | -€35,936 | ▼ 4,856% |
| Investment in fixed assets (approximation) | - | -€9,922 | €3,817 | €0 | - | - |
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
2025
12-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 04-11-2025
2024
05-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 30-01-2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€35,936
Net result drops to -€35,936, the lowest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €19,625
Net result €19,625 after 2 loss-making years.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
10-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Halle · 1 establishment unit since 2016
Ground area
1,582 m²
Building footprint
415 m²
Volume, LiDAR
1,738 m³
Parcel 23043D0340/00H003, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KDB CREATIVE
since 20162.253.792.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043D0340/00H003 | Flanders | 1,582 m² | 1 · 415 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERT DEHANDSCHUTTER EDMOND TOLLENAERESR-
TRAAT 56-76 B23, 1020 BRUSSEL 2- bert.dehandschutter@modo-
law.be |
30-01-2024 → 04-11-2025 |
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Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 70 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-05-2016
Fiscal year end30-06
Activities, NACEBEL 2025
47789Other retail sale of new goods
47120Other non-specialised retail sale
47512Retail sale of household textiles and bedding
96999Other personal services
Contact
E-mail
katleen.de.brael@gmail.com
Phone
0485522713
E-mail
info@kdbcreative.beHalle
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.