Financials
Financial year 2025
Modern Creation from Grobbendonk, company number BE0422498445, closed financial year 2025 with a result of € -71,120 after tax. For that financial year Modern Creation recorded a gross margin of € -26,328 and equity of € 244,732. Compared with financial year 2024, the result moved from € 29,277 to € -71,120. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 244,732
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,120
▼ still € 29,277 profit in 2024
Profit after tax over the fiscal year.
€ 170,136
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 226,140.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 50,364
▼ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,866
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,112
▼ 10% vs 2024
€ 6,323 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,655
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,523
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,110 | € 126,194 | € 87,427 | € -26,328 | ▼ € 113,755 |
| Profit after taxes | € 59,952 | € 36,423 | € 29,277 | € -71,120 | ▼ € 100,397 |
| Equity | € 250,152 | € 286,575 | € 315,852 | € 244,732 | ▼ 23% |
| Total debts | € 222,819 | € 180,744 | € 75,197 | € 40,290 | ▼ 46% |
| Cash | € 162,296 | € 124,992 | € 192,424 | € 170,136 | ▼ 12% |
| Retained profit | € 231,560 | € 267,983 | € 297,260 | € 226,140 | ▼ 24% |
| Bank debt | € 155,056 | € 137,339 | € 32,347 | € 29,112 | ▼ 10% |
| Balance sheet total | € 472,971 | € 467,319 | € 391,049 | € 285,023 | ▼ 27% |
| Employees (FTE) | 1.6 | 1.5 | - | - |
Key figures of Modern Creation, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Modern Creation?
What happened at Modern Creation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 71,120 (▼ € 100,397 vs 2024). Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,952 profit in 2022 to € 71,120 loss in 2025.
Paid € 65,150 in corporate taxes since 2022.
Best year ever: 2022, with € 59,952 profit.
On average € 84,100 of value added per employee in 2023.
Management
Behind Modern Creation is Patrick Wuyts. Patrick Wuyts is also behind IMMO LIFESTYLE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bouwelse steenweg 13
2280 Grobbendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.498.445
- VAT number
- BE 0422.498.445
- Registered office
- Bouwelse steenweg 13, 2280 Grobbendonk
- Names & denominations
- Modern Creation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 1982
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel