Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 38.2 to 33.9.
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Busy address KBO
54 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
K-Creation & PRODUCTION from Brussel, company number BE0422630384, closed financial year 2023 with a result of € -1.2 million after tax. For that financial year K-Creation & PRODUCTION recorded a gross margin of € 2.6 million and equity of € 404,259. Compared with financial year 2022, the result moved from € 419,668 to € -1.2 million. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2024.
€ 404,259
▼ 85% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ still € 419,668 profit in 2022
Profit after tax over the fiscal year.
€ 97,074
▼ 92% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 319,352.
People and assets in 2023
33.9
▼ 0.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 13% vs 2022
€ 94,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 73,354
▼ 57% vs 2022
Of which on lease € 73,354.
Debts at end 2023
€ 1.6 million
▲ 111% vs 2022
€ 306,546 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 841,499
▲ 48% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 328,972
▲ 26% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 5,946,614 | - | - | |
| Gross margin | - | € 3,515,378 | € 2,621,788 | ▼ 25% |
| Profit after taxes | € 569,120 | € 419,668 | € -1,217,996 | ▼ € 1.6 million |
| Equity | € 2,281,574 | € 2,701,242 | € 404,259 | ▼ 85% |
| Total debts | € 1,396,729 | € 1,669,369 | € 3,065,939 | ▲ 84% |
| Cash | € 837,743 | € 1,289,267 | € 97,074 | ▼ 92% |
| Land & buildings | € 382,557 | - | - | |
| Retained profit | € 2,217,680 | € 2,637,348 | € 319,352 | ▼ 88% |
| Dividend | € 0 | € 0 | € 200,000 | |
| Bank debt | € 537,817 | € 741,010 | € 1,560,386 | ▲ 111% |
| Balance sheet total | € 3,808,228 | € 4,370,611 | € 3,470,198 | ▼ 21% |
| Employees (FTE) | 38.2 | 34.7 | 33.9 | ▼ 0.8 |
Key figures of K-Creation & PRODUCTION, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to K-Creation & PRODUCTION?
What happened at K-Creation & PRODUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
K-Creation & PRODUCTION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1.2 million (▼ € 1.6 million vs 2022). filed late Source: NBB ↗
- RND MEDIA SRL became a director. NBB
- MRX CONSULT SRL became a director. NBB
- MRX ESTATE SRL became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 569,120 profit in 2021 to € 1.2 million loss in 2023.
Paid € 394,108 in corporate taxes since 2021.
Best year ever: 2021, with € 569,120 profit.
On average € 77,300 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MRX ESTATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
K-Creation & PRODUCTIONBehind K-Creation & PRODUCTION are RND MEDIA SRL, MRX CONSULT SRL and MRX ESTATE SRL. The shares are held by MRX ESTATE (100%). It owns 100% of CONNEXION CORPORATE COMMUNICATION and 100% of KCP KFT itself.
Directors
According to the 2023 annual accounts
Director · represented by Renaud Thierry Van Cauter
Also active at: CONNEXION CORPORATE COMMUNICATIONS
since 2022
Managing director · represented by Freddy Alexandre Van Cauter
Also active at: CONNEXION CORPORATE COMMUNICATIONS
since 2022
Director · represented by Freddy Alexandre Van Cauter
since 2016
Shareholders
100%
Participations
KCP KFT
100%
Establishments
Establishment units
Physical locations of this company
Havenlaan 86C
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 54 companies are registered at this address.
All companies at this address →Ordre des Architectes - Orde van Architekten
Leefmilieu Brussel
MEDIAFIN
€ 93.7 million revenue · 2025
Antiekbeurs van België
€ 389,125 gross margin · 2026
FEDERGON
€ 2 million revenue · 2025
+49 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.630.384
- VAT number
- BE 0422.630.384
- Registered office
- Havenlaan 86C, 1000 Brussel
- Names & denominations
- K-Creation & PRODUCTION · KCP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 17 March 1982
- Peppol
- Active · Active since 17 Aug 2026
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen