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ND Creations

Active
Private limited companyfounded 20251 yr activeKiliaanstraat 26, 2570 Duffel, BelgiumKBO/BCE: BE 1019.829.690
Summary

The computed 12-month bankruptcy probability of ND Creations is 2.6% (moderate). The 2025 annual accounts show negative equity (-€26,744) and a net result of -€31,744. Its solvency ranks better than 5% of 28281 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5; short-term debt: 136.3% and cash: 0.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-36.3%
Return on assets
-43.1%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
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

ND Creations was incorporated on 10 February 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€26,744
Total assets
€73,579
Net result
-€31,744
Working capital
-€50,021

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €73,579
Fixed assets €23,277
Current assets €50,302
Key figures and ratios
2025 value
EBITDA
-€29,764
Cash flow
-€29,809
Solvency
-36.3%
Current ratio
0.50
Debt to equity
-3.75
ROA
-43.1%
Interest coverage
-667.66
Debt
€100,323
Debt ≤ 1 year
€100,323

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90% still going

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 1,322 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
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€73,579
Fixed assets21/28€23,277
Tangible fixed assets22/27€23,277
Other tangible fixed assets26€23,277
Current assets29/58€50,302
Amounts receivable within one year40/41€49,752
Trade receivables40€48,572
Other amounts receivable41€1,179
Cash at bank and in hand54/58€551
Equity and liabilities
Total equity and liabilities10/49€73,579
Equity10/15-€26,744
Contributions10/11€5,000
Profit (loss) carried forward14-€31,744
Amounts payable17/49€100,323
Amounts payable within one year42/48€100,323
Trade debts44€45,567
Suppliers440/4€45,567
Other amounts payable47/48€54,756
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,935
Other operating charges640/8€496
Gross operating margin9900-€29,268
Operating profit (loss)9901-€31,699
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903-€31,744
Profit (loss) for the period9904-€31,744
Profit (loss) for the period to be appropriated9905-€31,744
Appropriation of the result
Profit (loss) to be appropriated9906-€31,744

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,935
Other operating charges640/8€496
Gross operating margin9900-€29,268
Operating profit (loss)9901-€31,699
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903-€31,744
Profit (loss) for the period9904-€31,744
Profit (loss) for the period to be appropriated9905-€31,744
Line2025
Assets
Total assets20/58€73,579
Fixed assets21/28€23,277
Tangible fixed assets22/27€23,277
Other tangible fixed assets26€23,277
Current assets29/58€50,302
Amounts receivable within one year40/41€49,752
Trade receivables40€48,572
Other amounts receivable41€1,179
Cash at bank and in hand54/58€551
Equity and liabilities
Total equity and liabilities10/49€73,579
Equity10/15-€26,744
Contributions10/11€5,000
Profit (loss) carried forward14-€31,744
Amounts payable17/49€100,323
Amounts payable within one year42/48€100,323
Trade debts44€45,567
Suppliers440/4€45,567
Other amounts payable47/48€54,756
Line2025
Profit (loss) for the period9904-€31,744
+ Depreciation and write-downs630€1,935
Operating cash flow (approximation)-€29,809

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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, Duffel · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
398 m²
Building footprint
118 m²
Volume, LiDAR
880 m³
Parcel 12009A0615/00E000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ND Creations
Kiliaanstraat 26, 2570 DuffelJoinery installation
since 20252.370.159.663
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12009A0615/00E000 Flanders 398 m² 1 · 118 m² 11.7 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
58110Book publishing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019829690
Also 9925:BE1019829690
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.