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KDB CREATIVE

Bankruptcy closed
Private limited company (pre-2019)founded 2016Boslaan 193, 1502 Halle, BelgiumKBO/BCE: BE 0654.881.939
Summary

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.

KDB CREATIVEBankruptcy closed

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 12-11-2025. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.
Belgian State Gazette
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 filings
Deviation 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KDB CREATIVE was incorporated on 20 May 2016.1 Total assets fell from EUR 124,684 in 2019 to EUR 18,225 in 2023 and headcount from 0.1 full-time equivalents in 2019 to 0.5 in 2021.2 On 30 January 2024 the company was declared bankrupt; the bankruptcy was closed on 4 November 2025.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2023
  3. 3Belgian State Gazette, 05-02-2024
  4. 4Belgian State Gazette, 12-11-2025

Go further with this company

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
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

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 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

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
-€40,000-€20,000€0€20,000Operating result 2019: -€1,565-€1,565Net result 2019: -€2,562-€2,562Operating result 2020: -€18,705-€18,705Net result 2020: -€19,751-€19,751Operating result 2021: €21,304€21,304Net result 2021: €19,625€19,625Operating result 2022: -€10,447-€10,447Net result 2022: -€9,944-€9,944Operating result 2023: -€36,708-€36,708Net result 2023: -€35,936-€35,93620192020202120222023-€40,000-€20,000€0€20,000Operating result 2021: €21,304€21,300Net result 2021: €19,625€19,600Operating result 2022: -€10,447-€10,400Net result 2022: -€9,944-€9,940Operating result 2023: -€36,708-€36,700Net result 2023: -€35,936-€35,900202120222023
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
2023 value · change against 2022
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
Filed annual accounts As filed with the NBB · 2023 against 2022 · 49 lines
Balance sheet Code20222023
Assets
Total assets20/58€95,698€18,225▼
Fixed assets21/28€42,670-
Tangible fixed assets22/27€42,670-
Plant, machinery and equipment23€42,050-
Furniture and vehicles24€620-
Current assets29/58€53,028€18,225▼
Stocks and contracts in progress3€50,302€5,644▼
Stocks30/36€50,302€5,644▼
Amounts receivable within one year40/41€970€1,978▲
Trade receivables40€823€1,459▲
Other amounts receivable41€146€519▲
Cash at bank and in hand54/58-€8,970
Deferred charges and accrued income490/1€1,757€1,633▼
Equity and liabilities
Total equity and liabilities10/49€95,698€18,225▼
Equity10/15-€9,344-€45,279▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€27,944-€63,879▼
Provisions and deferred taxes16€4,500-
Provisions for liabilities and charges160/5€4,500-
Other liabilities and charges164/5€4,500-
Amounts payable17/49€100,542€63,504▼
Amounts payable after more than one year17€872-
Financial debts170/4€872-
Amounts payable within one year42/48€99,124€62,576▼
Current portion of amounts payable after more than one year42€3,453-
Financial debts43€3,795-
Credit institutions430/8€3,795-
Trade debts44€1,396€3,329▲
Suppliers440/4€1,396€3,329▲
Taxes, remuneration and social security45€560€6,984▲
Taxes450/3€560€6,984▲
Other amounts payable47/48€89,921€52,263▼
Accrued charges and deferred income492/3€546€928▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,219-
Other operating charges640/8€348€493▲
Non-recurring operating charges66A-€9,881
Gross operating margin9900-€880-€26,334▼
Operating profit (loss)9901-€10,447-€36,708▼
Financial income75/76B€1,478€1,397▼
Recurring financial income75€63€1,397▲
Non-recurring financial income76B€1,415-
Financial charges65/66B€859€507▼
Recurring financial charges65€859€507▼
Profit (loss) for the period before taxes9903-€9,828-€35,819▼
Income taxes67/77€116€117▲
Profit (loss) for the period9904-€9,944-€35,936▼
Profit (loss) for the period to be appropriated9905-€9,944-€35,936▼
Appropriation of the result
Profit (loss) to be appropriated9906-€27,944-€63,879▼
Profit (loss) brought forward from the previous period14P-€17,999-€27,944▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
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%
Line20192020202120222023Change
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%
Line20192020202120222023Change
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.

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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
seat establishment The establishment unit on the map
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
Boslaan 193, 1502 HalleRetail trade
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

Similar companies · same sector, comparable size

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.