CREATEX
ActiveSummary
CREATEX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €41k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 4.65 in 2024; short-term debt: 15.5% and cash: 65.1% of total assets), and 15.9% 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 56
Relative position
BE, all sectors
reference
Sector 56
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.1%
Return on assets
13.8%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
45 d early
2023
51 d early
2022
56 d early
2021
44 d early
2020
53 d early
2019
41 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€246k▲ 4.5%
2024 · €236k
2018: €174k
2019: €189k
2020: €179k
2021: €175k
2022: €204k
2023: €190k
2024: €236k
2018 → 2025
Total assets
€293k▲ 4.9%
2024 · €279k
2018: €345k
2019: €347k
2020: €322k
2021: €315k
2022: €332k
2023: €338k
2024: €279k
2018 → 2025
Net result
€41k▼ 14.0%
2024 · €47k
2018: €8k
2019: €14k
2020: €-10k
2021: €-3k
2022: €31k
2023: €32k
2024: €47k
2018 → 2025
Working capital
€156k▲ 3.5%
2024 · €151k
2018: €95k
2019: €100k
2020: €111k
2021: €119k
2022: €94k
2023: €90k
2024: €151k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€204k▲ 16.7%€190k▼ 6.6%€236k▲ 23.9%€246k▲ 4.5%
Operating result€8k-€41k▲ 422%€55k▲ 33.7%€70k▲ 27.4%€60k▼ 14.3%
Net result€-3k-€31k€32k▲ 4.9%€47k▲ 46.2%€41k▼ 14.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€92k ▲ 4.8%
Current assets
€201k ▲ 4.9%
Equity and liabilities €293k
Equity
€246k ▲ 4.5%
Debt
€46k ▲ 7.1%
Debt's share of the balance-sheet total rises from 15.5% to 15.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▼
2024 · €99k
Cash flow
€72k▼
2024 · €76k
Current ratio
4.44▼
2024 · 4.65
Quick ratio
4.34▼
2024 · 4.54
Debt to equity
0.19▲
2024 · 0.18
ROE
16.5%▼
2024 · 20.0%
ROA
13.8%▼
2024 · 16.9%
Interest coverage
86.41▲
2024 · 65.59
Debt ≤ 1 year
€45k▲
2024 · €41k
Income taxes
€19k▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€279k€293k▲
Fixed assets21/28€87k€92k▲
Intangible fixed assets21€678€265▼
Tangible fixed assets22/27€87k€91k▲
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€29k€23k▼
Furniture and vehicles24€28k€47k▲
Leasing and similar rights25€22k€15k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€192k€201k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€234-
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€180k€191k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€279k€293k▲
Equity10/15€236k€246k▲
Contributions10/11€19k€19k=
Reserves13€217k€228k▲
Distributable reserves133€217k€228k▲
Amounts payable17/49€43k€46k▲
Amounts payable within one year42/48€41k€45k▲
Current portion of amounts payable after more than one year42€9k-
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€7k€5k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€20k€31k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€32k▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A-€38
Gross operating margin9900€103k€96k▼
Operating profit (loss)9901€70k€60k▼
Financial income75/76B€1k€719▼
Recurring financial income75€1k€719▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€70k€60k▼
Income taxes67/77€23k€19k▼
Profit (loss) for the period9904€47k€41k▼
Profit (loss) for the period to be appropriated9905€47k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€41k▼
Transfer from equity791/2€2k€30k▲
Transfer to equity691/2€47k€41k▼
To other reserves6921€47k€41k▼
Profit to be distributed694/7€2k€30k▲
Return on contributions (dividend)694€2k€30k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €47k ▲46.2%
Operating result €70k, net result €47k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.65
Current ratio from 1.65 to 4.65; short-term debt falls from €137k to €41k.
31-12
Financial
Equity above €200kEq €236k ▲23.9%
3 profitable years in a row build equity to €236k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €204k ▲16.7%
Equity rises from €175k to €204k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-10k ▼167%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
Show earlier events
20-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lier · 1 establishment unit since 1994
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.
Vogelzang 362500 LierGround area
605 m²
Building footprint
196 m²
Volume, LiDAR
891 m³
Parcel 12393F0742/00A009, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE POORTEN
since 19942.041.338.670
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0742/00A009 | Flanders | 605 m² | 1 · 196 m² | 10.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLier2.041.338.670
Similar companies · same sector, comparable size
Patijntje
BE 0466.421.629
Gent · Eq €246,379
TANOR
BE 0759.585.719
Antwerpen · Eq €246,339
C.MITSUI
BE 0887.030.257
Brussel · Eq €246,477
DE HAES & ZONEN
BE 0765.267.246
Tremelo · Eq €246,305
AD DREAMS
BE 0843.460.728
Ukkel · Eq €246,554
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-1988
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
16110Sawmilling and planing of wood
31002Manufacture of furniture
43320Joinery installation
56210Event catering
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.