LET'S CREATE
ActiveSummary
LET'S CREATE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244,083 and a net result of -€34,041. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-46
Solvency69▼-29
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.97 in 2024; short-term debt: 55.8% and cash: 1.2% of total assets), and 56.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
34 d early
2023
54 d early
2022
51 d early
2021
30 d early
2020
23 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€244,083▼ 12.2%
2024 · €278,124
Total assets
€555,921▲ 46.1%
2024 · €380,612
Net result
-€34,041
2024 · €15,971
Working capital
€57,730▼ 33.9%
2024 · €87,370
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,690▲ 171%€58,531▲ 2,076%€29,652▼ 49.3%€27,541▼ 7.1%-€33,458
Net result-€2,114below the sector's middle half€43,003above the sector's middle half€15,320within the sector's middle half▼ 64.4%€15,971within the sector's middle half▲ 4.3%-€34,041below the sector's middle half
Equity€203,830above the sector's middle half▼ 1.0%€246,833above the sector's middle half▲ 21.1%€262,152above the sector's middle half▲ 6.2%€278,124above the sector's middle half▲ 6.1%€244,083above the sector's middle half▼ 12.2%
Total assets€523,468above the sector's middle half▲ 5.0%€591,337above the sector's middle half▲ 13.0%€519,056above the sector's middle half▼ 12.2%€380,612above the sector's middle half▼ 26.7%€555,921above the sector's middle half▲ 46.1%
Debt€319,638▲ 9.3%€344,505▲ 7.8%€256,903▼ 25.4%€102,488▼ 60.1%€311,838▲ 204%
Working capital€48,703▼ 18.1%€77,137▲ 58.4%€82,327▲ 6.7%€87,370▲ 6.1%€57,730▼ 33.9%
Solvency38.9%within the sector's middle half▼ 2.4pp41.7%within the sector's middle half▲ 2.8pp50.5%within the sector's middle half▲ 8.8pp73.1%within the sector's middle half▲ 22.6pp43.9%within the sector's middle half▼ 29.2pp
above
within
below
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €33,458 after €27,541 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €555,921
Fixed assets
€187,762 ▼ 7.8%
Current assets
€368,160 ▲ 108%
Equity and liabilities €555,921
Equity
€244,083 ▼ 12.2%
Debt
€311,838 ▲ 204%
Debt's share of the balance-sheet total rises from 26.9% to 56.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€15,661▼
2024 · €44,881
Cash flow
-€16,244▼
2024 · €33,311
Current ratio
1.19▼
2024 · 1.97
Quick ratio
1.18▼
2024 · 1.97
Debt to equity
1.28▲
2024 · 0.37
ROE
-13.9%▼
2024 · 5.7%
ROA
-6.1%▼
2024 · 4.2%
Interest coverage
-1.82▼
2024 · 4.01
Debt ≤ 1 year
€310,430▲
2024 · €89,700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,685 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.5%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,685 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13,970 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,604 | €15,096 | €16,371 | €17,340 | €17,796 | ▲ 2.6% |
| Other operating charges640/8 | - | €1,754 | €2,254 | €1,970 | €3,353 | ▲ 70.2% |
| Non-recurring operating charges66A | - | €554 | €53 | €53 | €3,030 | ▲ 5,618% |
| Gross operating margin9900 | €17,794 | €75,936 | €48,329 | €46,904 | -€9,277 | ▼ 120% |
| Operating profit (loss)9901 | €2,690 | €58,531 | €29,652 | €27,541 | -€33,458 | ▼ 221% |
| Financial income75/76B | - | €3,346 | €3,326 | €4,432 | €8,022 | ▲ 81.0% |
| Recurring financial income75 | €2,677 | €3,346 | €3,326 | €4,432 | €8,022 | ▲ 81.0% |
| Financial charges65/66B | - | €4,705 | €12,972 | €11,181 | €8,605 | ▼ 23.0% |
| Recurring financial charges65 | €4,129 | €4,705 | €12,972 | €11,181 | €8,605 | ▼ 23.0% |
| Profit (loss) for the period before taxes9903 | €1,238 | €57,172 | €20,006 | €20,792 | -€34,041 | ▼ 264% |
| Income taxes67/77 | €3,352 | €14,169 | €4,686 | €4,821 | - | - |
| Profit (loss) for the period9904 | -€2,114 | €43,003 | €15,320 | €15,971 | -€34,041 | ▼ 313% |
| Profit (loss) for the period to be appropriated9905 | €16,636 | €43,003 | €15,320 | €15,971 | -€34,041 | ▼ 313% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €523,468 | €591,337 | €519,056 | €380,612 | €555,921 | ▲ 46.1% |
| Fixed assets21/28 | €221,287 | €228,863 | €214,151 | €203,542 | €187,762 | ▼ 7.8% |
| Tangible fixed assets22/27 | €221,287 | €228,863 | €214,151 | €203,542 | €187,762 | ▼ 7.8% |
| Land and buildings22 | - | €203,120 | €194,800 | €186,480 | €178,160 | ▼ 4.5% |
| Furniture and vehicles24 | - | €1,019 | €2,205 | €6,929 | €5,529 | ▼ 20.2% |
| Leasing and similar rights25 | - | €20,448 | €13,754 | €7,061 | €367 | ▼ 94.8% |
| Other tangible fixed assets26 | - | €4,277 | €3,392 | €3,072 | €3,706 | ▲ 20.6% |
| Current assets29/58 | €302,182 | €362,474 | €304,904 | €177,070 | €368,160 | ▲ 108% |
| Stocks and contracts in progress3 | - | €3,890 | - | - | €1,783 | - |
| Stocks30/36 | - | €3,890 | - | - | €1,783 | - |
| Amounts receivable within one year40/41 | €279,130 | €345,360 | €285,147 | €155,911 | €351,370 | ▲ 125% |
| Trade receivables40 | - | €7,867 | €15,584 | €10,334 | €8,748 | ▼ 15.3% |
| Other amounts receivable41 | - | €337,493 | €269,563 | €145,577 | €342,622 | ▲ 135% |
| Cash at bank and in hand54/58 | €17,961 | €9,394 | €14,470 | €14,659 | €6,483 | ▼ 55.8% |
| Deferred charges and accrued income490/1 | - | €3,831 | €5,287 | €6,500 | €8,524 | ▲ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €523,468 | €591,337 | €519,056 | €380,612 | €555,921 | ▲ 46.1% |
| Equity10/15 | €203,830 | €246,833 | €262,152 | €278,124 | €244,083 | ▼ 12.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €197,000 | €240,000 | €255,000 | €271,000 | €237,883 | ▼ 12.2% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €26,973 | €26,973 | €26,973 | €26,973 | = |
| Distributable reserves133 | - | €211,167 | €228,027 | €244,027 | €210,910 | ▼ 13.6% |
| Profit (loss) carried forward14 | €630 | €633 | €952 | €924 | - | - |
| Amounts payable17/49 | €319,638 | €344,505 | €256,903 | €102,488 | €311,838 | ▲ 204% |
| Amounts payable after more than one year17 | €64,430 | €58,060 | €32,336 | €9,373 | - | - |
| Financial debts170/4 | - | €58,060 | €32,336 | €9,373 | - | - |
| Amounts payable within one year42/48 | €253,479 | €285,337 | €222,577 | €89,700 | €310,430 | ▲ 246% |
| Current portion of amounts payable after more than one year42 | - | €26,830 | €25,724 | €22,963 | €9,373 | ▼ 59.2% |
| Financial debts43 | - | €250,000 | €190,000 | €60,000 | €290,000 | ▲ 383% |
| Credit institutions430/8 | - | €250,000 | €190,000 | €60,000 | €290,000 | ▲ 383% |
| Trade debts44 | €1,336 | €1,399 | €1,570 | €5,916 | €11,057 | ▲ 86.9% |
| Suppliers440/4 | - | €1,399 | €1,570 | €5,916 | €11,057 | ▲ 86.9% |
| Taxes, remuneration and social security45 | - | €7,108 | €5,283 | €821 | - | - |
| Taxes450/3 | - | €5,618 | €3,793 | €821 | - | - |
| Remuneration and social security454/9 | - | €1,490 | €1,490 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,108 | €1,991 | €3,415 | €1,409 | ▼ 58.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,114 | €43,003 | €15,320 | €15,971 | -€34,041 | ▼ 313% |
| + Depreciation and write-downs630 | €12,604 | €15,096 | €16,371 | €17,340 | €17,796 | ▲ 2.6% |
| Operating cash flow (approximation) | €10,490 | €58,099 | €31,690 | €33,311 | -€16,244 | ▼ 149% |
| Investment in fixed assets (approximation) | - | -€22,673 | -€1,659 | -€6,730 | -€2,016 | ▲ 70.0% |
| Change in cash | - | -€8,568 | €5,077 | €189 | -€8,176 | ▼ 4,422% |
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
Next filing, fiscal year 2026, expected by
2026
24-03
State Gazette act
RestructuringMerger · Accounting effect · Net-asset statement15 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Net-asset statement15 facts ▸
- Board meeting, 05/03/2026
- Merger
- Accounting effect, 01/10/2025
- Net-asset statement, 30/09/2025
- Net-asset statement, 30/09/2025
- Real estate, Appartement (woning 4 in project NIJLEN ZUID), met carport 4 en parking 4 gelegen te 2560 NIJLEN, Rector de Ramstraat 83A, bij het kadaster bekend eerste afdeli…
- Real estate, Appartement 3.1, en parking 1 gelegen te 2500 LIER, Kartuizersvest 86-90, bij het kadaster gekend stad LIER, eerste afdeling, sectie G, nummer 649/F6
- Real estate, Handelspand B0.1 op het gelijkvloers, appartement B2.6 op de tweede verdieping, en parkeerplaatsen 66, 70, 71, 72, 78, 79, 80, 81, 82, 83, 84, 18, 19, berging 1…
- Real estate, Appartement 2.5, carport 1 en parking 7 gelegen te 2560 NIJLEN, Nonnenstraat, bij het kadaster gekend Gemeente NIJLEN, eerste afdeling, sectie D, nummer 910/A
- Exchange ratio, 178
- Share split, 1:100, 18600
- Share creation, 22250
- +3 further facts in this act
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€34,041
Net result drops to -€34,041, the lowest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €43,003
Net result €43,003 after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €200,000Eq €205,383 ▲10.6%
2 profitable years in a row build equity to €205,383.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nijlen · 1 establishment unit since 2015
Ground area
730 m²
Building footprint
155 m²
Volume, LiDAR
938 m³
Parcel 12026D0042/00Z003, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LET'S CREATE
since 20152.239.995.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0042/00Z003 | Flanders | 730 m² | 1 · 155 m² | 11.1 m · 2 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.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:IMMO HENS BV
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Of 1,236 companies in sector 74140 we hold annual accounts for 353. 254 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
Founded02-03-2015
Fiscal year end30-09
Activities, NACEBEL 2025
74140Other specialised design activities
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0599809396
Also
9925:BE0599809396
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.