ND CREATIONS
InactiveND CREATIONS was declared bankrupt on 13-06-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 27-11-2025, published in the Belgian State Gazette on 03-12-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 26-02-2024, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
26 d late
2022
16 d late
2021
24 d late
2020
25 d late
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-261k▼ 93.0%
2022 · €-135k
2019: €15k
2020: €-33k
2021: €-52k
2022: €-135k
2019 → 2023
Total assets
€222k▼ 2.2%
2022 · €227k
2019: €43k
2020: €152k
2021: €245k
2022: €227k
2019 → 2023
Net result
€-126k▼ 51.4%
2022 · €-83k
2019: €-3k
2020: €-48k
2021: €-19k
2022: €-83k
2019 → 2023
Working capital
€-33k
2022 · €49k
2019: €14k
2020: €-33k
2021: €-36k
2022: €49k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€15k-€-33k€-52k▼ 58.6%€-135k▼ 159%€-261k▼ 93.0%
Operating result€-1k-€-43k▼ 3,216%€-13k▲ 70.0%€-77k▼ 501%€-118k▼ 53.2%
Net result€-3k-€-48k▼ 1,633%€-19k▲ 59.8%€-83k▼ 331%€-126k▼ 51.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €118k in 2023 against €77k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €222k
Fixed assets
€82k▼ 12.7%
Current assets
€141k▲ 5.2%
Key figures and ratios
EBITDA
€-106k▼
2022 · €-66k
Cash flow
€-114k▼
2022 · €-72k
Solvency
-117.4%▼
2022 · -59.5%
Current ratio
0.81▼
2022 · 1.58
Quick ratio
0.01▲
2022 · 0.01
Debt / equity
-1.85▲
2022 · -2.68
ROA
-56.6%▼
2022 · -36.5%
Interest coverage
-13.77▼
2022 · -11.02
Debt
€483k▲
2022 · €362k
Debt ≤ 1 year
€174k▲
2022 · €85k
Debt > 1 year
€309k▲
2022 · €277k
Staff costs
€38k▲
2022 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€227k€222k▼
Fixed assets21/28€93k€82k▼
Tangible fixed assets22/27€90k€78k▼
Plant, machinery and equipment23€195-
Other tangible fixed assets26€90k€78k▼
Financial fixed assets28€4k€4k=
Current assets29/58€134k€141k▲
Stocks and contracts in progress3€133k€138k▲
Stocks30/36€133k€138k▲
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€740€955▲
Equity and liabilities
Total equity and liabilities10/49€227k€222k▼
Equity10/15€-135k€-261k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-143k€-269k▼
Amounts payable17/49€362k€483k▲
Amounts payable after more than one year17€277k€309k▲
Financial debts170/4€277k€309k▲
Amounts payable within one year42/48€85k€174k▲
Financial debts43€32k€70k▲
Credit institutions430/8€32k€70k▲
Trade debts44€28k€54k▲
Suppliers440/4€28k€54k▲
Taxes, remuneration and social security45€14k€34k▲
Taxes450/3€12k€16k▲
Remuneration and social security454/9€2k€18k▲
Other amounts payable47/48€11k€15k▲
Income statement
Code20222023
Remuneration, social security and pensions62€11k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€2k€771▼
Gross operating margin9900€-53k€-67k▼
Operating profit (loss)9901€-77k€-118k▼
Financial income75/76B-€35
Recurring financial income75-€35
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-83k€-126k▼
Profit (loss) for the period9904€-83k€-126k▼
Profit (loss) for the period to be appropriated9905€-83k€-126k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-143k€-269k▼
Profit (loss) brought forward from the previous period14P€-60k€-143k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · ND CREATIONS BV TIENSESTRAAT 150/101, 3000 LEUVEN · event 27-11-2025
2024
19-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ND CREATIONS BV TIENSE- STRAAT 150/101, 3000 LEUVEN · event 13-06-2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-06
Financial
Weakest financial yearnet €-126k
Net result drops to €-126k, the lowest in the series.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
22-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
14-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 14 days late
2016
26-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
24-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE OLV Broedersstraat 3, 3300 TIENEN- |
13-06-2024 → present |