Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CREATHERM from Jemeppe-sur-Sambre, company number BE0439957455, closed financial year 2024 with a result of € -23,108 after tax. For that financial year CREATHERM recorded revenue of € 76,025 and equity of € -10,834. Compared with financial year 2023, the result moved from € -4,020 to € -23,108. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2025.
€ -10,834
▼ € 23,695 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,108
▼ 475 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -165,019.
People and assets in 2024
€ 13,144
▲ 46% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 65,305
▲ 241% vs 2023
€ 17,301 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 30,245
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 75,024 | € 71,494 | € 74,847 | € 76,025 | ▲ 2% |
| Gross margin | € 9,946 | € 21,636 | € 24,137 | € 6,276 | ▼ 74% |
| Profit after taxes | € -9,491 | € -7,983 | € -4,020 | € -23,108 | ▼ € 19,087 |
| Equity | € 26,037 | € 17,467 | € 12,860 | € -10,834 | ▼ € 23,695 |
| Total debts | € 198,706 | € 188,105 | € 192,561 | € 201,274 | ▲ 5% |
| Land & buildings | € 194,453 | € 176,176 | € 157,899 | € 139,621 | ▼ 12% |
| Retained profit | € -129,908 | € -137,891 | € -141,911 | € -165,019 | ▼ € 23,108 |
| Bank debt | € 2,522 | € 25,373 | € 19,175 | € 65,305 | ▲ 241% |
| Balance sheet total | € 226,193 | € 206,721 | € 206,267 | € 190,983 | ▼ 7% |
Key figures of CREATHERM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CREATHERM?
What happened at CREATHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 23,108. filed late Source: NBB ↗
- New establishment in Jemeppe-sur-Sambre. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,491 loss in 2021 to € 23,108 loss in 2024.
Paid € 71 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Rue du Trou,Balâtre 47B
5190 Jemeppe-sur-Sambre
Rue du Trou,Balâtre 47 B
5190 Jemeppe-sur-Sambre
Active since 30 January 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.957.455
- VAT number
- BE 0439.957.455
- Registered office
- Rue du Trou,Balâtre 47B, 5190 Jemeppe-sur-Sambre
- Names & denominations
- CREATHERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1989
- Peppol
- Active · Active since 24 Apr 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Installatie van isolatie
Detailhandel in huismeubilair
Detailhandel in meubels
Isolatiewerkzaamheden
Detailhandel in huismeubilair in gespecialiseerde winkels