Turnover
The micro format states no turnover.
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 44% of them on solvency, 11% on liquidity, 13% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,591 companies had the same profile as LiveForCreation has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LiveForCreation itself is lower: 0.3% within 12 months. It rests on far more data about LiveForCreation than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for LiveForCreation. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 34 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LiveForCreation Boechout | €10,163 | €183 | 38.6% | - |
| Fabrik Muzik Antwerp | €9,526 | -€2,069 | 41.4% | - |
| Elcali Herselt | €8,513 | -€7,464 | 54.4% | - |
| Smart Kids Antwerp Edegem | €6,876 | -€4,567 | -1531.9% | - |
| BiMform Herentals | €15,542 | -€13,676 | -68.5% | - |
| Eva Van Ginderdeuren Antwerp | €7,060 | -€5,748 | 85.7% | - |
| AMLCO Zonhoven | €9,521 | -€1,387 | -661.0% | - |
These companies have the same main activity as LiveForCreation: other education (NACE 85599). They are comparable in size and age: total assets between €6,880 and €15,500, founded between 2020 and 2022.
LiveForCreation files the micro format. That format states no turnover. The gross margin rose from -€3,005 in 2022 to €183 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €670. Estimated: probably between €450 and €1,400.
Higher than 46% of 2,612 companies in 2025.
Higher than 45% of 2,481 companies in 2025.
Higher than 14% of 2,510 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
10,163 | 8,789 | 1,034 | 1,429 | |
21/28 |
775 | 985 | - | - | |
22/27 |
775 | 985 | - | - | |
23 |
775 | 985 | - | - | |
29/58 |
9,388 | 7,805 | 1,034 | 1,429 | |
40/41 |
8,149 | 4,093 | - | 617 | |
40 |
1,322 | - | - | 617 | |
41 |
6,827 | 4,093 | - | - | |
54/58 |
416 | 3,526 | 826 | 812 | |
490/1 |
823 | 185 | 208 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
10,163 | 8,789 | 1,034 | 1,429 | |
10/15 |
3,918 | 5,376 | -4,549 | -2,739 | |
10/11 |
500 | 500 | 500 | 500 | |
13 |
4,876 | 4,876 | - | - | |
133 |
4,876 | 4,876 | - | - | |
14 |
-1,458 | - | -5,049 | -3,239 | |
17/49 |
6,245 | 3,414 | 5,583 | 4,168 | |
42/48 |
6,218 | 3,414 | 4,834 | 4,168 | |
44 |
2,178 | 485 | 701 | 22 | |
440/4 |
2,178 | 485 | 701 | 22 | |
45 |
4,040 | 2,929 | 644 | 706 | |
450/3 |
4,040 | 2,929 | 644 | 706 | |
47/48 |
- | - | 3,489 | 3,440 | |
492/3 |
27 | - | 749 | - | |
| Income statement | |||||
9900 |
183 | 13,260 | -1,585 | -3,005 | |
630 |
210 | 65 | - | - | |
640/8 |
638 | 365 | 109 | 102 | |
9901 |
-665 | 12,830 | -1,694 | -3,107 | |
75/76B |
281 | 230 | - | - | |
75 |
281 | 230 | - | - | |
65/66B |
178 | 103 | 116 | 20 | |
65 |
178 | 103 | 116 | 20 | |
9903 |
-562 | 12,957 | -1,810 | -3,127 | |
67/77 |
896 | 3,032 | - | 112 | |
9904 |
-1,458 | 9,925 | -1,810 | -3,239 | |
9905 |
-1,458 | 9,925 | -1,810 | -3,239 | |
| Appropriation of the result | |||||
9906 |
-1,458 | 4,876 | -5,049 | -3,239 | |
14P |
- | -5,049 | -3,239 | - | |
691/2 |
- | 4,876 | - | - | |
6921 |
- | 4,876 | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543309.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -455 | 12,895 | - | - | ||
| -1,248 | 9,990 | - | - | ||
| 0 | 1,050 | - | - | ||
| -3,110 | 2,700 | 14 | - | ||
| 3,170 | 4,391 | -3,800 | -2,739 | ||
| 38.6% | 61.2% | - | - | ||
| 1.51 | 2.29 | - | - | ||
| 1.59 | 0.64 | - | - | ||
| -37.2% | 184.6% | - | - | ||
| -14.3% | 112.9% | - | - | ||
| -2.56 | over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,050 | - | - |
| €210 | €65 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €665, after a profit of €12,830 in 2024.
Debt's share of the balance-sheet total rises from 38.8% to 61.4%. Equity is lower and debt is higher.
LiveForCreation has no parent and no holdings in its annual accounts. COX Dreez is the only director. LiveForCreation shares no director with another company.
| Vereniging van Mede-eigenaars van het gebouw Residentie The Hill Heuvelstraat 115-117 te Boechout
registered office since 05-05-2017 |
founded in 2017 0700.423.637 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Heuvelstraat 115 registered office 2530 Boechout | 08-11-2021 | 2.326.669.219 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11004D0483/00A000 | 1,097 m² | 1 · 83 m² | 22.6 m · 4 |
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