Bankrupt · Opening faillissement (CBE)

AB CREATIONS

BE0431678704

Rechtspersoon Public limited company 1 establishment

AB CREATIONS is an advertising agency in Waregem. Public Limited, started on 5 August 1987, 1 establishment.

Windhoek 22, 8790 Waregem

Start date

5 August 1987

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 4.6 to 3.4.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

AB CREATIONS from Waregem, company number BE0431678704, closed financial year 2025 with a result of € -789 after tax. For that financial year AB CREATIONS recorded a gross margin of € 271,598 and equity of € 294,792. Compared with financial year 2024, the result moved from € 1,050 to € -789. 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 October 14, 2025.

What it is worth Healthy

€ 294,792

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -789

▼ still € 1,050 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 120,499

▼ 51% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 176,268.

People and assets in 2025

Full-time equivalents

3.4

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 271,660

▼ 13% vs 2024

€ 79,900 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.

Vehicles and equipment

€ 11,913

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 78,532

▲ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 42,584

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 402,211 € 445,275 € 375,020 € 271,598 ▼ 28%
Profit after taxes € 14,050 € 16,940 € 1,050 € -789 ▼ € 1,839
Equity € 277,591 € 294,531 € 295,581 € 294,792
Total debts € 382,426 € 200,724 € 143,014 € 121,117 ▼ 15%
Cash € 256,009 € 195,429 € 247,281 € 120,499 ▼ 51%
Land & buildings € 723 € 362 - -
Retained profit € 159,067 € 176,007 € 177,057 € 176,268
Balance sheet total € 660,017 € 495,255 € 438,595 € 415,909 ▼ 5%
Employees (FTE) 4.8 4.6 3.9 3.4 ▼ 0.5

Key figures of AB CREATIONS, 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 December 2026.

What happened to AB CREATIONS?

What happened at AB CREATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AB CREATIONS is active according to the CBE. Legal situation: Opening faillissement.

  • ABMA BV stepped down as director. NBB
  • DRIEHOEK BV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 789 (▼ € 1,839 vs 2024). Source: NBB ↗
  • ABMA BV became a director. NBB
  • DRIEHOEK BV became a director. NBB
  • New establishment in Waregem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,050 profit in 2022 to € 789 loss in 2025.

Paid € 1,747 in corporate taxes since 2022.

Best year ever: 2023, with € 16,940 profit.

On average € 79,900 of value added per employee in 2025.

Management

ABMA 100%

The stake of ABMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

AB CREATIONS

The shares are held by ABMA (100%).

Directors

According to the 2025 annual accounts

ABMA BV

Managing director · represented by Piet Coucke

since 2022 · until 2028

DRIEHOEK BV

Managing director · represented by Koen Verbauwhede

since 2022 · until 2028

Shareholders

ABMA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Windhoek 22

8790 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0431.678.704
VAT number
BE 0431.678.704
Registered office
Windhoek 22, 8790 Waregem
Names & denominations
AB CREATIONS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
5 August 1987
Peppol
Active · Active since 21 Oct 2026
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Frequently asked questions

What does AB CREATIONS do?
AB CREATIONS is an advertising agency in Waregem. Public Limited, started on 5 August 1987, 1 establishment.
What is the address of AB CREATIONS?
The registered office of AB CREATIONS is located at Windhoek 22, 8790 Waregem.
Is AB CREATIONS still active?
No. The CBE lists AB CREATIONS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AB CREATIONS registered on Peppol?
Yes, AB CREATIONS is registered on the Peppol network with ID 0208:0431678704.
What is the enterprise number of AB CREATIONS?
The enterprise number of AB CREATIONS is BE0431678704.
When was AB CREATIONS founded?
AB CREATIONS was founded on 5 August 1987.