Creavast
ActiveCreavast has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €17k. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-6
Solvency53▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.69 in 2024; short-term debt: 12% and cash: 1% of total assets), but 71.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
28.1%
Return on assets
2.9%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
49 d late
2023
54 d late
2022
31 d late
2021
3 d early
2020
86 d late
2019
101 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▲ 11.5%
2024 · €147k
2018: €20k
2019: €15k
2020: €52k
2021: €70k
2022: €101k
2023: €107k
2024: €147k
2018 → 2025
Total assets
€581k▲ 0.7%
2024 · €577k
2018: €29k
2019: €18k
2020: €59k
2021: €577k
2022: €625k
2023: €592k
2024: €577k
2018 → 2025
Net result
€17k▼ 56.7%
2024 · €39k
2018: €11k
2019: €-5k
2020: €37k
2021: €18k
2022: €31k
2023: €6k
2024: €39k
2018 → 2025
Working capital
€38k▼ 7.7%
2024 · €41k
2018: €17k
2019: €12k
2020: €49k
2021: €39k
2022: €37k
2023: €15k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€101k▲ 45.0%€107k▲ 6.1%€147k▲ 36.4%€163k▲ 11.5%
Operating result€21k-€55k▲ 158%€34k▼ 38.8%€66k▲ 96.1%€33k▼ 50.1%
Net result€18k-€31k▲ 73.8%€6k▼ 80.2%€39k▲ 529%€17k▼ 56.7%
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 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €581k
Fixed assets
€474k▼ 0.6%
Current assets
€107k▲ 6.7%
Equity and liabilities €581k
Equity
€163k▲ 11.5%
Debt
€417k▼ 3.0%
The debt ratio falls from 74.6% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €68k
Cash flow
€20k▼
2024 · €42k
Solvency
28.1%▲
2024 · 25.4%
Current ratio
1.55▼
2024 · 1.69
Quick ratio
1.55▼
2024 · 1.69
Debt / equity
2.55▼
2024 · 2.94
ROE
10.3%▼
2024 · 26.7%
ROA
2.9%▼
2024 · 6.8%
Interest coverage
5.87▼
2024 · 10.12
Debt
€417k▼
2024 · €430k
Debt ≤ 1 year
€69k▲
2024 · €60k
Debt > 1 year
€348k▼
2024 · €371k
Income taxes
€10k▼
2024 · €20k
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€577k€581k▲
Fixed assets21/28€476k€474k▼
Tangible fixed assets22/27€476k€474k▼
Land and buildings22€467k€467k=
Plant, machinery and equipment23€311€215▼
Furniture and vehicles24€5k€3k▼
Assets under construction and advance payments27€4k€4k▼
Current assets29/58€101k€107k▲
Amounts receivable within one year40/41€89k€101k▲
Trade receivables40€74k€89k▲
Other amounts receivable41€15k€12k▼
Cash at bank and in hand54/58€1k€6k▲
Deferred charges and accrued income490/1€11k€679▼
Equity and liabilities
Total equity and liabilities10/49€577k€581k▲
Equity10/15€147k€163k▲
Contributions10/11€12k€12k=
Reserves13€134k€151k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€132k€149k▲
Amounts payable17/49€430k€417k▼
Amounts payable after more than one year17€371k€348k▼
Financial debts170/4€371k€348k▼
Amounts payable within one year42/48€60k€69k▲
Current portion of amounts payable after more than one year42€32k€23k▼
Trade debts44€2k€13k▲
Suppliers440/4€2k€13k▲
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€20k€15k▼
Other amounts payable47/48€6k€17k▲
Accrued charges and deferred income492/3-€412
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€6k-
Gross operating margin9900€75k€37k▼
Operating profit (loss)9901€66k€33k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€59k€27k▼
Income taxes67/77€20k€10k▼
Profit (loss) for the period9904€39k€17k▼
Profit (loss) for the period to be appropriated9905€39k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€17k▼
Transfer to equity691/2€39k€17k▼
To other reserves6921€39k€17k▼
The notes to these accounts (5 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Equity above €150kEq €163k ▲11.5%
6 profitable years in a row build equity to €163k.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Highest result since 2018net €39k ▲529%
Operating result €66k, net result €39k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €101k ▲45%
3 profitable years in a row build equity to €101k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet €-5k ▼147%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
14-06
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
3 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, Kortrijk · 1 establishment unit since 2014
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.
Brumierstraat(Aal) 68511 KortrijkGround area
5,757 m²
Building footprint
209 m²
Volume, LiDAR
667 m³
Parcel 34001B0014/00B000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
J.V.A.
since 20142.229.880.243
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34001B0014/00B000 | Flanders | 5,757 m² | 1 · 208 m² | 6.2 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.
Similar companies · same sector, comparable size
Vertigo Events
BE 0759.429.529
Overijse · Eq €163k
TWIEJO
BE 0896.856.357
Kortrijk · Eq €163k
Inside Up
BE 0664.757.034
Willebroek · Eq €163k
LD ORGANISATION
BE 0464.819.842
Ottignies-Louvain-la-Neuve · Eq €165k
ALL INVEST.
BE 0862.000.693
Diest · Eq €162k
Of 4,574 companies in sector 82300 we hold annual accounts for 1,669. 1,266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2014
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.