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 2.8 to 2.4.
Financials
Financial year 2025
CREATE from Bastogne, company number BE0432472520, closed financial year 2025 with a result of € 542,824 after tax. For that financial year CREATE recorded a gross margin of € 902,932 and equity of € 614,238. Compared with financial year 2024, the result moved from € 379,375 to € 542,824. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 614,238
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 542,824
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 604,364
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 530,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 129,400
€ 53,900 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.
€ 9,311
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 101,341
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 235,017
▲ 125% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 648,278 | € 748,607 | € 665,292 | € 902,932 | ▲ 36% |
| Profit after taxes | € 364,737 | € 422,945 | € 379,375 | € 542,824 | ▲ 43% |
| Equity | € 559,095 | € 582,039 | € 601,414 | € 614,238 | ▲ 2% |
| Total debts | € 762,722 | € 1,093,445 | € 1,061,693 | € 1,709,131 | ▲ 61% |
| Cash | € 814,654 | € 553,982 | € 341,204 | € 604,364 | ▲ 77% |
| Land & buildings | € 36,248 | € 35,413 | € 34,578 | € 33,743 | ▼ 2% |
| Retained profit | € 497,095 | € 520,039 | € 539,414 | € 552,238 | ▲ 2% |
| Dividend | € 345,000 | € 400,000 | € 360,000 | € 530,000 | ▲ 47% |
| Balance sheet total | € 1,321,816 | € 1,675,484 | € 1,663,107 | € 2,323,369 | ▲ 40% |
| Employees (FTE) | 2.8 | 2.8 | 2.5 | 2.4 | ▼ 0.1 |
Key figures of CREATE, 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 CREATE?
What happened at CREATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- S.T. INFO SPRL stepped down as director. NBB
- MARIO CORTINA stepped down as director. NBB
- MICHEL FRAITURE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 542,824 (▲ 43% vs 2024). filed late Source: NBB ↗
- S.T. INFO SPRL became a director. NBB
- MARIO CORTINA became a director. NBB
- MICHEL FRAITURE became a director. NBB
- New establishment in Bastogne. KBO
In short
From € 364,737 profit in 2022 to € 542,824 profit in 2025.
Paid € 562,669 in corporate taxes since 2022.
Best year ever: 2025, with € 542,824 profit.
On average € 376,200 of value added per employee in 2025.
Management
The stake of S.T. Info comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CREATEThe shares are held by S.T. Info (49.9%).
Directors
According to the 2025 annual accounts
Director · represented by Yves FRAITURE
since 2024 · until 2030
MARIO CORTINA
Managing director
since 2024 · until 2030
MICHEL FRAITURE
Director
since 2024 · until 2030
Shareholders
49.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Récollets 12 box B
6600 Bastogne
Rue des Récollets 12B
6600 Bastogne
Active since 23 November 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.472.520
- VAT number
- BE 0432.472.520
- Registered office
- Rue des Récollets 12 bus B, 6600 Bastogne
- Names & denominations
- CREATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 1987
- Peppol
- Active · Active since 15 Oct 2025
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