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CPA Createch

Active
Private limited company (pre-2019)·Ontwikkeling van residentiële bouwprojecten· 10 yrs active
Open bankruptcy
KBO/BCE: BE 0658.785.002
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age10 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for CPA Createch according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €183k and a net result of €97k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
11-07-2022
Bankruptcy Opening
Date: 05-07-2022 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CPA CREATECH BV PAS 42, 2440 GEEL · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€97k
Working capital€173k
Directors2

Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 19-01-2022 with the NBB · fiscal year 2020 · micro
€-200k€-100k€0€100kOperating result 2018: €30k€30kNet result 2018: €71k€71kOperating result 2019: €-122k€-122kNet result 2019: €-49k€-49kOperating result 2020: €37k€37kNet result 2020: €97k€97k201820192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 47.2% 29.2%
better than 65% of 859 sector peers
Net result €25k €2k
better than 75% of 858 sector peers
Equity €183k €70k
better than 67% of 859 sector peers
Gross operating margin €66k €32k
better than 66% of 858 sector peers
Total assets €388k €414k
better than 48% of 859 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€56k
- 18-20
Net profit
€97k
- 18-20
Cash flow
€116k
- 18-20
Total assets
€388k
+354.2% 18-20
Equity
€183k
- 18-20
Working capital
€173k
- 18-20
Employees (FTE)
2
-48.6% 18-20
Income taxes
€11k
-22.0% 18-20
Debt
€205k
+79.3% 18-20
Debt ≤ 1y
€188k
+149.7% 18-20
Debt > 1y
€17k
-57.1% 18-20
Current ratio
1.92
+390.3% 18-20
Quick ratio
1.92
+390.3% 18-20
Solvency
47.2%
- 18-20
Debt / equity
0.09
- 18-20
ROE
53.0%
-69.0% 18-20
ROA
25.0%
- 18-20
Figures by fiscal year
Fiscal year2020
Revenue-
EBITDA€56k
Net profit€97k
Cash flow€116k
Staff costs-
Income taxes€11k
Dividends-
Total assets€388k
Equity€183k
Debt€205k
of which ≤ 1y€188k
of which > 1y€17k
Working capital€173k
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.92
Quick ratio1.92
Working capital ratio44.5%
Solvency47.2%
Debt / equity0.09
Long-term debt ratio0.09
Interest coverage-
Gross margin-
Net margin-
ROA25.0%
ROE53.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€388k
Fixed assets 21/28€27k
Tangible fixed assets 22/27€27k
Current assets 29/58€361k
Amounts receivable within one year 40/41€359k
Cash & bank 54/58€71
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€388k
Equity 10/15€183k
Reserves 13€93k
Accumulated profits (losses) 14€71k
Amounts payable 17/49€205k
Amounts payable after one year 17€17k
Amounts payable within one year 42/48€188k
Trade debts payable within one year 44€101k
Income statement
Gross operating margin 9900€66k
Operating result 9901€37k
Financial charges 65€417
Result before taxes 9903€36k
Income taxes 67/77€11k
Net result for the period 9904€25k
Result to be appropriated 9905€25k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
33 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

2 mandates
Role Name Tenure Source
Curator PAUL VAN ROMPAEY
ZANDBERG 19, 2260 WESTERLO-
05-07-2022 → present Belgian State Gazette
Curator NIELS FEYTONS
ZANDBERG 19, 2260 WESTERLO
05-07-2022 → present Belgian State Gazette

Legal Structure

NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Private limited company (pre-2019)(015)
Incorporation06-07-2016
StatusActive
Postal code-
First BS signal 11-07-2022
Latest BS signal 11-07-2022

Structure & network

Company structure: linked entities

2 linked entities
CPA CreatechBE 0658.785.002PAUL VAN ROMPAEYReceiverNIELS FEYTONSReceiver
Mandates

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality approximate (street level)

Establishment units

1 location
CPA Createch
Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
since 20162.257.659.855
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,595 m²
Buildings1
Building footprint321 m²
Volume (LiDAR)1,397 m³
Tallest building13.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13373L0819/00T003 Flanders 3,595 m² 1 · 321 m² 13.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
11-07-2022
Bankruptcy Opening
Date: 05-07-2022 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CPA CREATECH BV PAS 42, 2440 GEEL · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-07-11 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health33Profitability100Solvency96Growth78Stability0
61 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 33
Profitability 100
Solvency 96
Growth 78
Stability 0

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameNL CPA Createch
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.