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CREATE AVG BV

Active
KBO/BCE: BE 0770.305.902
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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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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CREATE AVG BV is 0.4% (very low). The 2024 annual accounts show equity of €139k and a net result of €84k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 12464 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 29-07-2025 2 d early 2025-00334232
31-12-2023 31-07-2024 05-07-2024 26 d early 2024-00231859
31-12-2022 31-07-2023 04-08-2023 4 d late 2023-00317245
31-12-2021 31-07-2022 29-07-2022 2 d early 2022-20260541

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€84k-6.0%
Working capital€122k-37.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100kOperating result 2021: €54k€54kNet result 2021: €42k€42kOperating result 2022: €87k€87kNet result 2022: €68k€68kOperating result 2023: €116k€116kNet result 2023: €90k€90kOperating result 2024: €105k€105kNet result 2024: €84k€84k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~38.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k2025: €253k (€200k - €306k)2026: €302k (€217k - €387k)2027: €351k (€234k - €469k)2021: €47k2022: €115k2023: €205k2024: €139k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 42.1% 60.6%
better than 33% of 12464 sector peers
Net result €84k €31k
better than 83% of 12466 sector peers
Equity €139k €63k
better than 76% of 12472 sector peers
Gross operating margin €109k €52k
better than 79% of 12452 sector peers
Total assets €330k €124k
better than 81% of 12465 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P33
2021: P63 · n=34652022: P83 · n=68462023: P88 · n=100762024: P33 · n=124642021 2024
Stable position over 2021-2024 · n=3465-12464
Net result P83
2021: P71 · n=34642022: P81 · n=68452023: P86 · n=100702024: P83 · n=124662021 2024
Improving position over 2021-2024 · n=3464-12466
Equity P76
2021: P58 · n=34702022: P79 · n=68542023: P87 · n=100832024: P76 · n=124722021 2024
Improving position over 2021-2024 · n=3470-12472
Gross operating margin P79
2021: P64 · n=34552022: P77 · n=68332023: P84 · n=100562024: P79 · n=124522021 2024
Improving position over 2021-2024 · n=3455-12452
Describes the position versus peers, not a forecast.
EBITDA
€109k
-8.6% 21-24
Net profit
€84k
-6.0% 21-24
Cash flow
€88k
-5.5% 21-24
Total assets
€330k
+34.7% 21-24
Equity
€139k
-32.1% 21-24
Working capital
€122k
-37.4% 21-24
Income taxes
€25k
-3.3% 21-24
Dividends
€150k
- 21-24
Debt
€191k
+370.6% 21-24
Debt ≤ 1y
€191k
+370.6% 21-24
Current ratio
1.64
-71.8% 21-24
Quick ratio
1.64
-71.8% 21-24
Solvency
42.1%
-49.5% 21-24
Debt / equity
1.38
+592.6% 21-24
ROE
60.7%
+38.3% 21-24
ROA
25.6%
-30.2% 21-24
Interest coverage
69.88
+9.0% 21-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€109k
Net profit€84k
Cash flow€88k
Staff costs-
Income taxes€25k
Dividends€150k
Total assets€330k
Equity€139k
Debt€191k
of which ≤ 1y€191k
of which > 1y-
Working capital€122k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.64
Quick ratio1.64
Working capital ratio37.1%
Solvency42.1%
Debt / equity1.38
Long-term debt ratio-
Interest coverage69.88
Gross margin-
Net margin-
ROA25.6%
ROE60.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€330k
Fixed assets 21/28€17k
Tangible fixed assets 22/27€17k
Current assets 29/58€314k
Amounts receivable within one year 40/41€195k
Cash & bank 54/58€79k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€330k
Equity 10/15€139k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€134k
Amounts payable 17/49€191k
Amounts payable within one year 42/48€191k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€109k
Operating result 9901€105k
Financial income 75€6k
Financial charges 65€2k
Result before taxes 9903€110k
Income taxes 67/77€25k
Net result for the period 9904€84k
Result to be appropriated 9905€84k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
83 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Former directors (1)
  • Marie Thys
    Director
    State Gazette act 22103406 (30-08-2022)
    Former
    - → 30-06-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Private limited company(610)
Incorporation24-06-2021
StatusActive
Postal code1560

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
CREATE AVG BV
Zuidlaan 6, 1560 HoeilaartOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20212.320.938.497
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,111 m²
Buildings1
Building footprint118 m²
Volume (LiDAR)941 m³
Tallest building11.6 m · ±3 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.
23033A0028/00B000 Flanders 1,111 m² 1 · 118 m² 11.6 m · 3 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

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 2
29-07-2026
Seat change: to: Marcel Félicéstraat 19 bus GLV, 1560 Hoeilaart, effective_date: 2026-06-19
18-05-2026
Seat change: to: Bondgenotenlaan 82, Bus 0001, 3000 Leuven, from: Zuidlaan 6, 1560 Hoeilaart
All acts · 3 updated 14 days ago
2026
29-07-2026 Act object · General meeting · Seat change · Officer appointment Open-capture extraction
  • Act object: ZETEL, ONTSLAGEN, BENOEMINGEN · SAMA
  • Publication: 29/07/2026 · SAMA
  • Filing: 27-07-2026 · SAMA
  • General meeting: 19 juni 2026 · SAMA
  • Seat change: to: Marcel Félicéstraat 19 bus GLV, 1560 Hoeilaart, effective_date: 2026-06-19 · SAMA
  • Officer appointment: role: bestuurder, start_date: 2026-06-19 · CREATE AVG BV
  • Permanent representative: start_date: 19 juni 2026 · Alexis Van Gestel
  • Officer resignation: role: bestuurder, end_date: 2026-06-19 · Samira Khrouz
  • Filing representative · Kelly Verpoorten
Summary: Act object · General meeting · Seat change · Officer appointment
18-05-2026 Seat change · Power of attorney · Officer resignation · Officer discharge Open-capture extraction
  • Filing: 2026-05-08 · Jewelry Alliance
  • Seat change: to: Bondgenotenlaan 82, Bus 0001, 3000 Leuven, from: Zuidlaan 6, 1560 Hoeilaart · Jewelry Alliance
  • Power of attorney: body: bestuursorgaan, date: 2026-03-09 · Jewelry Alliance
  • Officer resignation: date: 2026-04-23, role: niet-statutaire bestuurder · Van Gestel Alexis
  • Officer discharge: date: 2026-04-23 · Van Gestel Alexis
  • Officer appointment: date: 2026-04-24, role: niet-statutaire bestuurder, duration: onbepaalde duur · Create AVG BV
  • Permanent representative: date: 2026-04-23 · Van Gestel Alexis
  • Power of attorney: body: algemene vergadering, date: 2026-04-23 · Jewelry Alliance
  • Publication: 2026-05-18
  • Act object: Zetelverplaatsing - ontslag en benoeming bestuurder - volmacht
  • Power of attorney · Jewelry Alliance
  • Power of attorney · Jewelry Alliance
  • Power of attorney · Jewelry Alliance
Summary: Seat change · Power of attorney · Officer resignation · Officer discharge
2022
30-08-2022 2 directors appointed, 1 resigning Director changes
  • Filotax BV, Dagelijks bestuur
  • Ad-ministerie BV, Dagelijks bestuur
  • Marie Thys, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health83Profitability100Solvency78Growth78Stability94
87 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 83
Profitability 100
Solvency 78
Growth 78
Stability 94

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

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

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening78200Andere vormen van arbeidsbemiddeling78300
Primary activity highlighted.
Names & trade names
Legal nameNL CREATE AVG BV
Registered office
Zuidlaan 6
1560 Hoeilaart, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.