VCreations
ActiveVCreations has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €9k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 46% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-29
Solvency59▲+59
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 0.24 in 2024; short-term debt: 66.3% and cash: 22% of total assets), but 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-11-2025, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
20 d early
2023
9 d early
2022
8 d early
2021
4 d late
2019
46 d late
2018
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€21k
2024 · €-729k
2018: €-427k
2019: €-616k
2021: €-752k
2022: €-792k
2023: €-766k
2024: €-729k
2018 → 2025
Total assets
€61k▼ 39.0%
2024 · €100k
2018: €167k
2019: €159k
2021: €159k
2022: €81k
2023: €84k
2024: €100k
2018 → 2025
Net result
€9k▼ 75.2%
2024 · €37k
2018: €-156k
2019: €-190k
2021: €-190k
2022: €-40k
2023: €26k
2024: €37k
2018 → 2025
Working capital
€21k
2024 · €-319k
2018: €-49k
2019: €-219k
2021: €-273k
2022: €-386k
2023: €-357k
2024: €-319k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-752k-€-792k▼ 5.3%€-766k▲ 3.3%€-729k▲ 4.9%€21k
Operating result€-189k-€-38k▲ 79.9%€29k€41k▲ 39.9%€12k▼ 71.4%
Net result€-190k-€-40k▲ 78.8%€26k€37k▲ 41.6%€9k▼ 75.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
Equity and liabilities €61k
Equity
€21k
Debt
€41k
Debt finances 66.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€13k▼
2024 · €43k
Cash flow
€11k▼
2024 · €39k
Solvency
33.7%▲
2024 · -725.1%
Current ratio
1.51▲
2024 · 0.24
Quick ratio
0.49▲
2024 · 0.09
Debt / equity
1.97▲
2024 · -1.14
ROE
44.7%
ROA
15.1%▼
2024 · 37.0%
Interest coverage
4.05▼
2024 · 10.69
Debt
€41k▼
2024 · €829k
Debt ≤ 1 year
€41k▼
2024 · €418k
Debt > 1 year
€0▼
2024 · €411k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€100k€61k▼
Fixed assets21/28€1k€0▼
Intangible fixed assets21€1k€0▼
Current assets29/58€99k€61k▼
Stocks and contracts in progress3€61k€42k▼
Stocks30/36€61k€42k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€398€906▲
Cash at bank and in hand54/58€36k€14k▼
Deferred charges and accrued income490/1-€765
Equity and liabilities
Total equity and liabilities10/49€100k€61k▼
Equity10/15€-729k€21k▲
Contributions10/11€830k€1.57M▲
Profit (loss) carried forward14€-1.56M€-1.55M▲
Amounts payable17/49€829k€41k▼
Amounts payable after more than one year17€411k€0▼
Financial debts170/4€411k€0▼
Amounts payable within one year42/48€418k€41k▼
Financial debts43€29€49▲
Credit institutions430/8€29€49▲
Trade debts44€7k€15k▲
Suppliers440/4€7k€15k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€411k€26k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€15k
Other operating charges640/8€493€595▲
Non-recurring operating charges66A€0-
Gross operating margin9900€43k€29k▼
Operating profit (loss)9901€41k€12k▼
Financial income75/76B€1€660▲
Recurring financial income75€1€660▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€37k€9k▼
Profit (loss) for the period9904€37k€9k▼
Profit (loss) for the period to be appropriated9905€37k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.56M€-1.55M▲
Profit (loss) brought forward from the previous period14P€-1.60M€-1.56M▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity times 6current ratio 1.51
Current ratio from 0.24 to 1.51; short-term debt falls from €418k to €41k.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-05
Financial
Highest result since 2018net €37k ▲41.6%
Operating result €41k, net result €37k, both a record.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-05
Financial
Back to profitnet €26k
Net result €26k after 4 loss-making years.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Turnhout · 1 establishment unit since 2010
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.
Everdongenlaan 232300 TurnhoutGround area
4.7 ha
Building footprint
1.9 ha
Volume, LiDAR
139,856 m³
Parcel 13452M0123/00P000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B BY B
since 20102.190.203.283
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0123/00P000 | Flanders | 4.7 ha | 1 · 1.9 ha | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 8,172 EUR awarded · 8,172 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
| 2022 | 3 | 5,172 EUR | 5,172 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTurnhout2.190.203.283
Similar companies · same sector, comparable size
SEVEN ELEVEN NIGHT
BE 0679.703.843
Anderlecht · Eq €20k
Eclat Cacao
BE 0818.121.457
Sint-Pieters-Woluwe · Eq €20k
BSMAND
BE 0660.718.765
Mons · Eq €21k
PAPILLON A3
BE 0674.826.327
Sint-Jans-Molenbeek · Eq €20k
Rêve de Chocolat
BE 0804.008.155
Aarschot · Eq €21k
Of 899 companies in sector 47242 we hold annual accounts for 339. 269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2010
Fiscal year end30-06
Activities, NACEBEL
47242Retail sale of chocolate and confectionery
10820Manufacture of cocoa, chocolate and sugar confectionery
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.