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The Creative Code

Active Private limited companyfounded 2020active for 6 yearsTwaalfhofsteden 24, 9940 EvergemKBO/BCE: BE 0757.467.258

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €37,931 (2025)
€37,931▲ 31.3%
peak €24,281 (2025)
€24,281▲ 40.3%
peak €34,903 (2023)
€10,000▼ 55.0%
€47,633▲ 56.5%
Board2 names since 2020
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025micro format
Gross margin from €28,888 to €37,931Result from €17,310 to €24,281Dividend €36,494Equity from €22,213 to €10,000Debts from €30,438 to €47,633

Key points

from the 2025 annual accounts

Equity

€10,000 ▼ 55.0%
22,2132024+24,281Profit-36,494Dividend10,0002025

The Creative Code paid out €36,494 in dividends. That is 150% of the 2025 profit.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Debts

€47,633 83% of the balance sheet
Financial debts 0%Suppliers 2%Taxes and wages 19%Other 79%

Of this, €47,438 falls due within a year.

Checked score

91
Excellent
Financially stronger than 43% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

42-25equity 17.4% of total assets
55-15short-term debt 82.3% · cash 52.5%
100=return on assets 42.1%

Score breakdown

raises risk
Equity €10,000 (17.4% of total assets)
lowers risk
Sector: Other professional, scientific and technical activities (NACE 74)
Liquidity: current ratio 1.08, cash €30,271
Figures for financial year 2025 (filed on 31-03-2026)
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 74, micro). It does better than 26% of them on solvency, 45% on liquidity, 88% on profitability and 12% 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).

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as The Creative Code has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of The Creative Code itself is lower: 0.1% within 12 months. It rests on far more data about The Creative Code than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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 6,713 companies, not a prediction for The Creative Code. 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.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.08 (1.5 in 2024), below the usual 1.5. Short-term debt is 82.3% and cash 52.5% of total assets. 82.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
lowers risk · Liquidity: current ratio 1.08, cash €30,271
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 31-03-2026)
NBB · annual accounts
raises risk · Equity €10,000 (17.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
122 days early
2024
121 days early
2023
78 days early
2022
67 days early
2021
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 88 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 May (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • VANDERHAEGEN Gaëtan Gustave Ivonne 80 sharesdeed of 28-10-2020
  • VANDENDRIESSCHE Stephanie Hilda Gerard 20 sharesdeed of 28-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0757467258
Incorporation Founding capital of €10,000, 100 shares · Founders: VANDERHAEGEN Gaëtan Gustave Ivonne and VANDENDRIESSCHE Stephanie Hilda Gerard · Appointments: VANDERHAEGEN Gaëtan Gustave Ivonne (director) and VANDENDRIESSCHE Stephanie Hilda Gerard (director) · published on 28-10-2020 · Gazette deed
First establishment Twaalfhofsteden 24, Evergem
All 10 events

Comparable companies

same main activity, similar in size and age
Company
The Creative Code Evergem €57,633 €37,931 17.4% -
Careau Design Leopoldsburg €60,572 €36,431 35.1% -
Ooms Management Tessenderlo-Ham €58,489 €38,441 58.0% -
Cathrine Jensen Antwerp €52,966 €31,696 4.1% -
SQUARELEAF Antwerp €49,324 €38,591 15.0% -
SR CREATIVE Sint-Niklaas €61,508 €26,197 72.4% -
Atelier Dacor Deinze €87,499 €40,798 48.9% -

These companies have the same main activity as The Creative Code: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €49,300 and €87,500, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 26-10-2020Normal situation
Activity
Graphic design and visual communicationNACE 74120and 3 others
Establishment unit
2.309.747.3709940 Evergem, since 26-10-2020
Financial year end
31 December
Peppol
Reachable since 26-03-2025
Company details

Annual accounts 2025

€37,931▲ 31.3%
€24,281▲ 40.3%
€10,000▼ 55.0%
€57,633▲ 9.5%
Filing
Filed on 31-03-2026, 122 days before the end of the filing period
Financials

Insights on The Creative Code

The Creative Code files the micro format. That format states no turnover. The gross margin rose from €30,266 in 2021 to €37,931 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-03-2026, 122 days before the deadline
€37,931
▲ 31.3%
€33,995
▲ 28.7%
€24,281
▲ 40.3%
€3,896
▼ 74.4%
17.4%
▼ 24.8 percentage points
1.08
▼ 0.42

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 ≈ €150,000. Estimated: probably between €92,000 and €270,000.

Balance sheet

balance sheet total €57,633 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

17.4%

Higher than 25% of 4,362 companies in 2025.

1.08

Higher than 28% of 4,194 companies in 2025.

42.1%

Higher than 87% of 4,224 companies in 2025.

The Creative Code Middle half of the sector 80% of the sector Micro accounts in other professional activities (NACE 74)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 57,63352,65048,33745,43433,007
21/28 6,2997,2173,1634,9212,864
22/27 6,2997,2173,1634,9212,864
23 049382715-
24 6,2997,1682,7814,2062,864
29/58 51,33445,43345,17440,51330,143
40/41 20,94514,57716,02012,15210,911
40 20,9459,60711,01110,91410,285
41 04,9705,0091,237626
54/58 30,27129,89426,99826,34419,214
490/1 1189622,1562,01718
Balance sheet: equity and liabilities
10/49 57,63352,65048,33745,43433,007
10/15 10,00022,21334,90331,46924,674
10/11 10,00010,00010,00010,00010,000
14 012,21324,90321,46914,674
17/49 47,63330,43813,43413,9658,333
42/48 47,43830,24313,43413,8353,053
43 28291718-
430/8 -01718-
439 2829---
44 1,1911,0292,7433,5771,295
440/4 1,1911,0292,7433,5771,295
45 8,8658,3249,8139,3801,758
450/3 8,8658,3248,7738,3391,758
454/9 -01,0411,041-
47/48 37,35420,861861861-
492/3 19519501305,280
Income statement
76A -010,889--
9900 37,93128,88815,97618,06930,266
630 3,0381,6151,7581,4083,189
640/8 8988545,3695,2845,913
9901 33,99526,4198,84811,37721,164
75/76B 06---
75 06---
65/66B 2,5953,1672,8841,6461,392
65 2,5953,1672,8841,6461,392
9903 31,40023,2585,9649,73119,773
67/77 7,1195,9472,5302,9365,099
9904 24,28117,3103,4336,79514,674
9905 24,28117,3103,4336,79514,674
Appropriation of the result
9906 36,49442,21324,90321,46914,674
14P 12,21324,90321,46914,674-
694/7 36,49430,000---
694 36,49430,000---
Document PDFPDFPDFPDFPDF

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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-03-2026 2026-00067552 PDF
31-12-2024 micro format 01-04-2025 2025-00059555 PDF
31-12-2023 micro format 14-05-2024 2024-00086721 PDF
31-12-2022 micro format 25-05-2023 2023-00093849 PDF
31-12-2021 micro format 09-06-2022 2022-20052436 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
37,03328,03410,60712,78524,353
27,31918,9255,1928,20317,863
2,1205,66903,4646,053
3772,8966537,131-
3,89615,19131,74026,67827,090
17.4%42.2%72.2%69.3%74.8%
1.081.503.362.939.87
4.761.370.380.440.34
242.8%77.9%9.8%21.6%59.5%
42.1%32.9%7.1%15.0%44.5%
14.278.853.687.7717.50

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,120€5,669-€3,464€6,053
€3,038€1,615€1,758€1,408€3,189

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on The Creative Code

The operating result for 2025 is 29% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 57.8% to 82.6%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
appointed by deed of 28-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 31-03-2026
Director (not named in the articles)
appointed by deed of 28-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 31-03-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
VANDENDRIESSCHE Stephanie Hilda Gerard
Director (not named in the articles)
VANDERHAEGEN Gaëtan Gustave Ivonne
Director (not named in the articles)
Board
Mandates as a list
  • VANDENDRIESSCHE Stephanie Hilda Gerard
    • Director (not named in the articles), appointed by deed of 28-10-2020, still in office
  • VANDERHAEGEN Gaëtan Gustave Ivonne
    • Director (not named in the articles), appointed by deed of 28-10-2020, still in office

See the board, name and registered office on a given date →

Control

This company
The Creative Code
Equity €10,000
Profit €24,281 in 2025

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€100 in 2025
Source
deed of 28-10-2020

Articles of association

deed of 28-10-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering die benoemt bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, met of zonder beperking van duur”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Op naam, aandeelhouders mogen kennis nemen betreffende hun effecten”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of April

Shareholders

At incorporation deed of 28-10-2020 ↗

Network & group

No group

The Creative Code has no parent and no holdings in its annual accounts. The Creative Code shares no director with another company.

Timeline

Timeline

10 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 122 days before the deadline
2025
Highest result from 2021 to 2025 net €24,281 ▲40.3% The operating result of €33,995 and the net result of €24,281 are both a record.
Annual accounts 2024 filed PDFmicro format · 121 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0757467258
2024
Annual accounts 2023 filed PDFmicro format · 78 days before the deadline
2023
Weakest financial year net €3,433 ▼49.5% The net result drops to €3,433, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 67 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 52 days before the deadline
2020
IncorporationFounding capital of €10,000, 100 shares · Founders: VANDERHAEGEN Gaëtan Gustave Ivonne and VANDENDRIESSCHE Stephanie Hilda Gerard · Appointments: VANDERHAEGEN Gaëtan Gustave Ivonne (director) and VANDENDRIESSCHE Stephanie Hilda Gerard (director) · published on 28-10-20208 points ▸

Open the deed in the Belgian Official Gazette

First establishment Twaalfhofsteden 24, Evergem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The Creative Code was incorporated on 26 October 2020 as a private limited company by two natural persons, with a starting capital of €10,000.12 The board currently has 2 members.3 Total assets rose from €33,007 in 2021 to €57,633 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0757.467.258
VAT number
BE 0757.467.258
Peppol ID
0208:0757467258
Other Peppol ID
9925:BE0757467258
Legal form
Private limited company
Status
Active, normal situation
Founded
26-10-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of April
deed of 28-10-2020 (in Dutch)
Peppol
Reachable since 26-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
The Creative Code in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-10-2020 (in Dutch)
Name clauseThe company operates under this name according to its articles.
The Creative Code
deed of 28-10-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Twaalfhofsteden 24, 9940 Evergem”
deed of 28-10-2020 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
74103 Other professional, scientific and technical activities main activity
18130 Pre-press and pre-media services
47910 Retail trade
62020 IT consultancy
PurposeThe purpose describes the activities the company may carry out under its articles.
“Rechtstreeks; Onrechtstreeks; Eigen rekening; Rekening van derden; Deelneming met derden; Consignatie; Commissie; Tussenpersoon…”
44 activities
  1. Rechtstreeks
  2. Onrechtstreeks
  3. Eigen rekening
  4. Rekening van derden
  5. Deelneming met derden
  6. Consignatie
  7. Commissie
  8. Tussenpersoon
  9. Vertegenwoordiger
  10. Aankoop,verkoop,ruiling,beheer,valorisatie eigen roerend patrimonium
  11. Verwerven,beheren participaties
  12. Managementbijstand,bestuursmandaten,volmachtdrager,mandataris,vereffenaar,terbeschikkingstelling personen
  13. Beheer roerende,onroerende goederen ter uitbreiding,waardetoename
  14. Kopen,verkopen,huren,verhuren,ruilen,leasen,verkavelen,splitsen,uitbaten,in waarde brengen,beheren,inrichten,opschikken,afbreken,verbouwen,herstellen,restaureren,renoveren
  15. Het ontwerpen,ontwikkelen,realiseren en het onderhoud van websites,web-applicaties,andere computersoftware en –programma’s,verlenen van diverse diensten op het gebied van IT als consultant zoals advies,opleiding,ondersteuning e.d.
  16. De handel,aankoop en verkoop,leasing,import en export,verhuur,installatie en het onderhoud van computer-hardware,-software en –randapparatuur
  17. Het voeren van elektronische handel : verkoop van goederen en diensten via het internet o.a. webhosting,domeinnaamregistraties,telecommunicatie-,sms- en fax-diensten,enz.
  18. Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken,e.d.
  19. Overige diensten en dienstverlenende activiteiten op het gebied van informatie,computer en informaticatechnologie
  20. Computerconsultancy-activiteiten,beheer van computerfaciliteiten
  21. Het organiseren van totaal events waaronder in het bijzonder privé feesten ; van een zoektocht naar locatie,voorstellen van leveranciers,ontwerpen van de ruimtes en drukwerk,tot het coördineren van het event van opbouw t.e.m. afbouw,omvattende organisatie en verzorging van bruiloften,banketten,cocktails,lunches,recepties,enz.
  22. Organisatie van congressen en beurzen
  23. Detailhandel in allerlei producten via het internet (e-commerce) en via postorderbedrijven
  24. Overige detailhandel,niet in winkels en markt- en straathandel
  25. Productie en realisatie van publicitaire films en promotiefilms,films over technische onderwerpen of over bedrijven,films met educatieve inhoud of voor vormingsdoeleinden,videoclips
  26. Activiteiten van de onafhankelijke productiehuizen
  27. Activiteiten in verband met films en video- en televisieprogramma’s na de productie
  28. Tussenpersoon in de handel
  29. Overige zakelijke dienstverlening aan derden
  30. Beoefening van uitvoerende kunsten als zelfstandig werkende artiest en als onderdeel van artistiek ensemble
  31. Promotie en organisatie van uitvoerende kunstevenementen
  32. Activiteiten van grafische designer,interieurdecorateur,decorateur-etalagisten en alle andere gespecialiseerde designcreaties
  33. Maken van videoreportages over huwelijken e.d.
  34. Zetten van tekst en beeld op film,fotografisch of normaal papier
  35. Overige grafische activiteiten
  36. Sport-,recreatie- en overige vormen van onderwijs
  37. Overige recreatie- en ontspanningsactiviteiten
  38. Gespecialiseerde detailhandel in geschenken
  39. Alle handelingen verwant met voorwerp of verwezenlijking vergemakkelijkend
  40. Deelneming bij inbreng,fusie,inschrijving in entiteiten met gelijkaardig doel
  41. Hypotheek,pand,aval
  42. Borgstelling mits vergoeding
  43. Leningen,schulden,kosten,investeringen
  44. Aanverwante activiteiten
deed of 28-10-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Twaalfhofsteden 24 registered office 9940 Evergem 26-10-2020 2.309.747.370

Buildings and parcels at the address

Ground area
359 m²
Buildings
99 m²
Volume, LiDAR
564 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
99 m², 8.1 m 99 m², 8.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
43006H0260/00B000359 m² 1 · 99 m² 8.1 m · 2