TEAM CREATION
ActiveSummary
The computed 12-month bankruptcy probability of TEAM CREATION is 2.8% (moderate). The 2025 annual accounts show equity of €102,180 and a net result of -€9,917. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 28254 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-27
Solvency79▼-5
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 3.33 in 2024; short-term debt: 32.4% and cash: 52.3% of total assets), and 46% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
54%
Return on assets
-5.2%
Age of the figures
9 mo
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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
26 d late
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€102,180▼ 8.8%
2024 · €112,098
Total assets
€189,179=
2024 · €189,093
Net result
-€9,917
2024 · €28,473
Working capital
€67,281▼ 24.5%
2024 · €89,167
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line2022202320242025
Operating result€75,617-€32,703▼ 56.8%€42,957▲ 31.4%-€8,286
Net result€55,825above the sector's middle half-€23,800within the sector's middle half▼ 57.4%€28,473above the sector's middle half▲ 19.6%-€9,917below the sector's middle half
Equity€59,825within the sector's middle half-€83,625within the sector's middle half▲ 39.8%€112,098within the sector's middle half▲ 34.0%€102,180within the sector's middle half▼ 8.8%
Total assets€98,818within the sector's middle half-€114,733within the sector's middle half▲ 16.1%€189,093within the sector's middle half▲ 64.8%€189,179within the sector's middle half=
Debt€38,994-€31,108▼ 20.2%€76,995▲ 148%€86,999▲ 13.0%
Working capital€49,952within the sector's middle half-€70,491within the sector's middle half▲ 41.1%€89,167within the sector's middle half▲ 26.5%€67,281within the sector's middle half▼ 24.5%
Solvency60.5%within the sector's middle half-72.9%above the sector's middle half▲ 12.3pp59.3%within the sector's middle half▼ 13.6pp54.0%within the sector's middle half▼ 5.3pp
Current ratio2.53within the sector's middle half-5.31above the sector's middle half▲ 2.783.33within the sector's middle half▼ 1.982.10within the sector's middle half▼ 1.23
Return on assets (ROA)56.5%above the sector's middle half-20.7%above the sector's middle half▼ 35.7pp15.1%within the sector's middle half▼ 5.7pp-5.2%below the sector's middle half▼ 20.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 €8,286 after €42,957 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189,179
Fixed assets
€60,533 ▼ 1.8%
Current assets
€128,645 ▲ 0.9%
Equity and liabilities €189,179
Equity
€102,180 ▼ 8.8%
Debt
€86,999 ▲ 13.0%
Debt's share of the balance-sheet total rises from 40.7% to 46.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€10,442▼
2024 · €51,770
Cash flow
€8,811▼
2024 · €37,287
Debt to equity
0.85▲
2024 · 0.69
ROE
-9.7%▼
2024 · 25.4%
Interest coverage
5.83▼
2024 · 39.82
Debt ≤ 1 year
€61,364▲
2024 · €38,304
Debt > 1 year
€25,635▼
2024 · €38,691
Income taxes
-€159▼
2024 · €13,186
Staff costs
€164,330▲
2024 · €97,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
5.8%
stopped otherwise
92%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 2,148 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €23,948 | €75,611 | €97,168 | €164,330 | ▲ 69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,806 | €6,896 | €8,814 | €18,728 | ▲ 112% |
| Other operating charges640/8 | €125 | €285 | €271 | €464 | ▲ 71.3% |
| Non-recurring operating charges66A | - | - | €239 | - | - |
| Gross operating margin9900 | €103,497 | €115,494 | €149,448 | €175,237 | ▲ 17.3% |
| Operating profit (loss)9901 | €75,617 | €32,703 | €42,957 | -€8,286 | ▼ 119% |
| Financial income75/76B | €1 | €1 | €2 | €1 | ▼ 31.8% |
| Recurring financial income75 | €1 | €1 | €2 | €1 | ▼ 31.8% |
| Financial charges65/66B | €126 | €334 | €1,300 | €1,792 | ▲ 37.8% |
| Recurring financial charges65 | €126 | €334 | €1,300 | €1,792 | ▲ 37.8% |
| Profit (loss) for the period before taxes9903 | €75,492 | €32,369 | €41,659 | -€10,076 | ▼ 124% |
| Income taxes67/77 | €19,667 | €8,569 | €13,186 | -€159 | ▼ 101% |
| Profit (loss) for the period9904 | €55,825 | €23,800 | €28,473 | -€9,917 | ▼ 135% |
| Profit (loss) for the period to be appropriated9905 | €55,825 | €23,800 | €28,473 | -€9,917 | ▼ 135% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €98,818 | €114,733 | €189,093 | €189,179 | = |
| Fixed assets21/28 | €16,233 | €27,882 | €61,622 | €60,533 | ▼ 1.8% |
| Tangible fixed assets22/27 | €16,233 | €26,082 | €59,822 | €58,733 | ▼ 1.8% |
| Plant, machinery and equipment23 | €3,741 | €3,779 | €6,337 | €5,669 | ▼ 10.5% |
| Furniture and vehicles24 | €12,492 | €22,303 | €53,485 | €48,806 | ▼ 8.7% |
| Other tangible fixed assets26 | - | - | - | €4,259 | - |
| Financial fixed assets28 | - | €1,800 | €1,800 | €1,800 | = |
| Current assets29/58 | €82,586 | €86,851 | €127,471 | €128,645 | ▲ 0.9% |
| Amounts receivable within one year40/41 | €15,224 | €9,951 | €34,030 | €24,612 | ▼ 27.7% |
| Trade receivables40 | €11,334 | €4,157 | €19,405 | €4,288 | ▼ 77.9% |
| Other amounts receivable41 | €3,890 | €5,795 | €14,625 | €20,324 | ▲ 39.0% |
| Cash at bank and in hand54/58 | €64,109 | €72,725 | €92,889 | €99,022 | ▲ 6.6% |
| Deferred charges and accrued income490/1 | €3,253 | €4,174 | €552 | €5,012 | ▲ 808% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €98,818 | €114,733 | €189,093 | €189,179 | = |
| Equity10/15 | €59,825 | €83,625 | €112,098 | €102,180 | ▼ 8.8% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €49,000 | €69,000 | €94,000 | €94,000 | = |
| Distributable reserves133 | €49,000 | €69,000 | €94,000 | €94,000 | = |
| Profit (loss) carried forward14 | €6,825 | €10,625 | €14,098 | €4,180 | ▼ 70.3% |
| Amounts payable17/49 | €38,994 | €31,108 | €76,995 | €86,999 | ▲ 13.0% |
| Amounts payable after more than one year17 | - | €9,834 | €38,691 | €25,635 | ▼ 33.7% |
| Financial debts170/4 | - | €9,834 | €38,691 | €25,635 | ▼ 33.7% |
| Amounts payable within one year42/48 | €32,634 | €16,360 | €38,304 | €61,364 | ▲ 60.2% |
| Current portion of amounts payable after more than one year42 | - | €4,779 | €12,990 | €13,057 | ▲ 0.5% |
| Trade debts44 | €1,237 | €10,346 | €17,188 | €40,346 | ▲ 135% |
| Suppliers440/4 | €1,237 | €10,346 | €17,188 | €40,346 | ▲ 135% |
| Advances received on contracts in progress46 | - | - | €4,961 | - | - |
| Taxes, remuneration and social security45 | €22,244 | €1,235 | €3,166 | €7,961 | ▲ 151% |
| Taxes450/3 | €15,667 | €1,235 | €3,166 | €3,007 | ▼ 5.0% |
| Remuneration and social security454/9 | €6,577 | - | - | €4,954 | - |
| Other amounts payable47/48 | €9,152 | - | - | - | - |
| Accrued charges and deferred income492/3 | €6,360 | €4,915 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,825 | €23,800 | €28,473 | -€9,917 | ▼ 135% |
| + Depreciation and write-downs630 | €3,806 | €6,896 | €8,814 | €18,728 | ▲ 112% |
| Operating cash flow (approximation) | €59,631 | €30,696 | €37,287 | €8,811 | ▼ 76.4% |
| Investment in fixed assets (approximation) | - | -€18,545 | -€42,554 | -€17,640 | ▲ 58.5% |
| Change in cash | - | €8,616 | €20,164 | €6,132 | ▼ 69.6% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€9,917
Net result drops to -€9,917, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100,000Eq €112,098 ▲34%
3 profitable years in a row build equity to €112,098.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 5.31
Current ratio from 2.53 to 5.31; short-term debt falls from €32,634 to €16,360.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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
Registered office, Beloeil · 1 establishment unit since 2022
Ground area
4,198 m²
Building footprint
131 m²
Parcel 51007C0702/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Team creation
since 20222.326.489.471
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51007C0702/00R000 | Wallonia | 4,198 m² | 1 · 131 m² | - |
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.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,493. 4,809 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
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities
41001General construction of residential buildings
43230Insulation installation
43350Other building finishing work
43410Roofing work
71113Urban planning and landscape architecture
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Contact
Website
team.creation@outlook.com
E-mail
team.creation@outlook.com
Phone
0479 63 95 81
Phone
0495600027
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780426762
Registered
16-04-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.