OK! Creative Development
ActiveSummary
OK! Creative Development has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161,800 and a net result of €31,184. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 86% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-09-1998 Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipment NACE 46431and 1 other
- Establishment unit
- 2.088.760.782 2100 Antwerpen, since 07-02-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 11-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €52,119
- ▼ 30.5%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €31,184
- ▼ 16.1%
- Equity
- €161,800
- ▲ 23.9%
- Total assets
- €191,679
- ▲ 5.1%
Score breakdownraises riskSize: total assets €191,679lowers riskFounded in 1998Liquidity: current ratio 3.63, cash €27,047Equity €161,800 (84.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 46, micro). It does better than 90% of them on solvency, 70% on liquidity, 84% on profitability and 78% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 27 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 17% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,825 | - | - | €10,004 | €6,930 |
| Financial fixed assets | - | - | - | €50,000 | - |
| Depreciation and write-downs of the year | €14,677 | €14,677 | €14,677 | €14,048 | €5,424 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 2 entries · €380 awarded · €380 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €173 | €173 |
| 2022 | 1 | €207 | €207 |
Comparable companies
These companies have the same main activity as OK! Creative Development: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €131,000 and €260,000, founded between 1999 and 2001.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| OK! Creative Development Antwerpen | 1998 | €191,679 | €161,800 | €52,119 | €31,184 | 2025 |
| SAT & SOUND Halle | 1999 | €186,725 | €87,176 | €40,583 | €38,667 | 2025 |
| KOELTECHNIEK VERHEYEN Ranst | 2000 | €260,276 | €163,457 | €75,635 | €42,380 | 2025 |
| HERMANS ERIC / HST Kasterlee | 2001 | €130,591 | €91,106 | €31,048 | €8,463 | 2025 |
| ILLUMINART Beveren-Kruibeke-Zwijndrecht | 2001 | €197,603 | €90,026 | €42,693 | -€1,607 | 2025 |
| IT@JANSSEN Hasselt | 2001 | €219,506 | €206,445 | €66,403 | €47,628 | 2026 |
| 3D DISPLAY Sint-Lambrechts-Woluwe | 2001 | €133,383 | €105,215 | €49,621 | €23,874 | 2025 |
They were chosen from the 706 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as OK! Creative Development has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OK! Creative Development itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 31,368 companies, not a prediction for OK! Creative Development. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,598 | €20,882 | €18,693 | €14,677 | €14,677 | €14,677 | €14,048 | €5,424 | ▼ 61.4% |
| Other operating charges640/8 | - | - | - | €4,039 | €4,344 | €4,680 | €4,913 | €446 | ▼ 90.9% |
| Gross operating margin9900 | €55,539 | €69,651 | €51,867 | €78,007 | €63,486 | €62,530 | €74,957 | €52,119 | ▼ 30.5% |
| Operating profit (loss)9901 | €32,644 | €40,138 | €29,546 | €59,291 | €44,465 | €43,172 | €55,996 | €46,249 | ▼ 17.4% |
| Financial income75/76B | - | - | - | €14 | - | €145 | €95 | €123 | ▲ 28.8% |
| Recurring financial income75 | €4 | €11 | €10 | €14 | - | €145 | €95 | €123 | ▲ 28.8% |
| Financial charges65/66B | - | - | - | €2,183 | €1,901 | €2,028 | €2,212 | €1,885 | ▼ 14.8% |
| Recurring financial charges65 | €2,907 | €3,078 | €2,394 | €1,948 | €1,526 | €1,623 | €893 | €1,885 | ▲ 111% |
| Non-recurring financial charges66B | - | - | - | €235 | €375 | €405 | €1,319 | - | - |
| Profit (loss) for the period before taxes9903 | €28,686 | €36,396 | €26,787 | €57,122 | €42,563 | €41,289 | €53,880 | €44,487 | ▼ 17.4% |
| Income taxes67/77 | €8,067 | €10,968 | €6,859 | €14,382 | €7,121 | €6,918 | €16,723 | €13,303 | ▼ 20.4% |
| Profit (loss) for the period9904 | €20,619 | €25,428 | €19,928 | €42,741 | €35,442 | €34,372 | €37,157 | €31,184 | ▼ 16.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €14,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €20,619 | €25,428 | €19,928 | €56,741 | €35,442 | €34,372 | €37,157 | €31,184 | ▼ 16.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €201,615 | €193,702 | €155,987 | €178,957 | €180,271 | €164,871 | €182,406 | €191,679 | ▲ 5.1% |
| Fixed assets21/28 | €130,695 | €109,813 | €91,121 | €79,268 | €64,591 | €49,914 | €95,871 | €83,299 | ▼ 13.1% |
| Tangible fixed assets22/27 | €130,695 | €109,813 | €91,121 | €79,268 | €64,591 | €49,914 | €45,871 | €33,299 | ▼ 27.4% |
| Land and buildings22 | - | - | - | €77,385 | €63,650 | €49,914 | €44,466 | €25,729 | ▼ 42.1% |
| Plant, machinery and equipment23 | - | - | - | €1,883 | €942 | - | €1,404 | €7,570 | ▲ 439% |
| Financial fixed assets28 | - | - | - | - | - | - | €50,000 | €50,000 | = |
| Current assets29/58 | €70,920 | €83,889 | €64,866 | €99,689 | €115,680 | €114,957 | €86,536 | €108,380 | ▲ 25.2% |
| Amounts receivable within one year40/41 | €54,007 | €69,941 | €33,940 | €35,759 | €58,065 | €88,735 | €58,187 | €80,620 | ▲ 38.6% |
| Trade receivables40 | - | - | - | €13,600 | €16,558 | €40,036 | €31,713 | €53,220 | ▲ 67.8% |
| Other amounts receivable41 | - | - | - | €22,159 | €41,508 | €48,699 | €26,474 | €27,401 | ▲ 3.5% |
| Cash at bank and in hand54/58 | €15,871 | €12,800 | €29,835 | €62,303 | €56,182 | €25,547 | €25,440 | €27,047 | ▲ 6.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,627 | €1,432 | €675 | €2,909 | €713 | ▼ 75.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €201,615 | €193,702 | €155,987 | €178,957 | €180,271 | €164,871 | €182,406 | €191,679 | ▲ 5.1% |
| Equity10/15 | €44,049 | €40,477 | €40,905 | €63,646 | €79,088 | €93,459 | €130,617 | €161,800 | ▲ 23.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €31,649 | €28,077 | €28,505 | €51,246 | €66,688 | €81,059 | €118,217 | €149,400 | ▲ 26.4% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €49,387 | €64,828 | €79,200 | €118,217 | €149,400 | ▲ 26.4% |
| Amounts payable17/49 | €157,566 | €153,225 | €115,082 | €115,311 | €101,184 | €71,412 | €51,790 | €29,879 | ▼ 42.3% |
| Amounts payable after more than one year17 | €102,491 | €85,280 | €67,682 | €49,692 | €31,300 | €16,037 | €4,071 | - | - |
| Financial debts170/4 | - | - | - | €49,692 | €31,300 | €16,037 | €4,071 | - | - |
| Amounts payable within one year42/48 | €55,075 | €67,907 | €47,400 | €65,574 | €69,833 | €55,375 | €47,719 | €29,879 | ▼ 37.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,990 | €18,392 | €15,263 | €11,992 | - | - |
| Trade debts44 | €3,414 | €1,133 | €488 | €2,580 | €1,950 | €1,569 | €3,849 | €6,865 | ▲ 78.3% |
| Suppliers440/4 | - | - | - | €2,580 | €1,950 | €1,569 | €3,849 | €6,865 | ▲ 78.3% |
| Taxes, remuneration and social security45 | - | - | - | €25,004 | €29,492 | €18,543 | €31,878 | €23,014 | ▼ 27.8% |
| Taxes450/3 | - | - | - | €25,004 | €29,492 | €18,543 | €31,878 | €23,014 | ▼ 27.8% |
| Other amounts payable47/48 | - | - | - | €20,000 | €20,000 | €20,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €46 | €50 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,619 | €25,428 | €19,928 | €42,741 | €35,442 | €34,372 | €37,157 | €31,184 | ▼ 16.1% |
| + Depreciation and write-downs630 | €21,598 | €20,882 | €18,693 | €14,677 | €14,677 | €14,677 | €14,048 | €5,424 | ▼ 61.4% |
| Operating cash flow (approximation) | €42,217 | €46,310 | €38,621 | €57,418 | €50,119 | €49,049 | €51,205 | €36,608 | ▼ 28.5% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | -€2,824 | €0 | €0 | -€60,004 | €7,147 | - |
| Change in cash | - | -€3,071 | €17,035 | €32,468 | -€6,121 | -€30,635 | -€107 | €1,607 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00246492 | NBB |
| 31-12-2024 | micro format | 01-08-2025 | 2025-00348400 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00268289 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00294912 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20305954 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-40200437 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50200378 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-37000061 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-27800350 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-48200342 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 01-02-2024 Capital stated in the deed · 750 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer kopers, elke overdracht onder levenden ten bezwarende en…”
Articles of association, deed of 01-02-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €1.5m Loss of €338,452 in 2025 (loss of €273,842 in 2024) Checked score 561.15%
Connections & network
1 current directorThe network starts from the directors of OK! Creative Development. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-02
Gazette deed
Reappointment: Roelof PANTJES (director)Capital · Amendment of the articles · Power of attorney7 points ▸
- Capital
- General meeting, 09-01-2024
- Amendment of the articles
- Power of attorney, Luc MORTELMANS
- Other provision, “omzetting zaakvoerder naar bestuurder van rechtswege, term hoedanigheid zaakvoerder vervangen door bestuurder” (deed in Dutch)
- Director reappointment, Roelof PANTJES (director)
- Registered office clause, “2100 Antwerpen-Deurne,Herentalsebaan 449” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11345B0225/00Z018 | Flanders | 258 m² | 1 · 215 m² | 12.6 m · 2 |