OPENING OF BANKRUPTCY

K-Creation & PRODUCTION

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-1,2 M €-390,2 %over 1 year
Gross margin2,6 M €-25,4 %over 1 year
Equity404,3 k €-85,0 %over 1 year
Workforce33,9 ETP-2,3 %over 1 year

Identity

Source · BCE/KBO

K-Creation & PRODUCTION is a Public limited company incorporated in 1982. Its main activity is: Advertising agencies. Its registered office is in Bruxelles. It employs on average 33,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0422.630.384
Incorporation
17/03/1982
Legal form
Public limited company
Registered office
Avenue du Port 86C
1000 Bruxelles · BruxellesSee on map
Contributed capital
63 893,71 €
Latest accounts
31/12/2023
Average workforce
33,9 ETP
Joint committees (1)
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20232022202120202019
Income statement
Gross margin2,6 M €3,5 M €–3,3 M €3,6 M €
EBITDA-847,4 k €658,4 k €1 M €772,2 k €569,3 k €
Operating result-1,1 M €590,2 k €779,6 k €454,8 k €225,6 k €
Net result-1,2 M €419,7 k €569,1 k €305,6 k €105,1 k €
Balance sheet
Equity404,3 k €2,7 M €2,3 M €2,3 M €2,4 M €
Total assets3,5 M €4,4 M €3,8 M €4,4 M €4,9 M €
Cash97,1 k €1,3 M €837,7 k €986,2 k €324,5 k €
Debts2,9 M €1,6 M €1,4 M €2 M €2,4 M €
Other
Workforce33,9 ETP34,7 ETP38,2 ETP38,8 ETP38,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 14 ended

Active mandates

MRX CONSULT

Managing director · since 01 janvier 2022 · 0473.510.052

Represented by Freddy Alexandre Van Cauter

Active
RND MEDIA

Director · since 01 janvier 2022 · 0780.878.209

Represented by Renaud Thierry Van Cauter

Active
MRX ESTATE

Director · since 01 juillet 2016 · 0534.833.353

Represented by Freddy Alexandre Van Cauter

Active

Ended mandates

MRX ESTATE

Director · since 01 juillet 2016 · until 01 juin 2019 · 0534.833.353

Ended
JULIEN DUMONT

Director · since 30 août 2012 · until 01 juin 2019

Ended
BEYERS

Director · since 04 juin 2007 · until 01 juin 2013 · 0462.961.994

Represented by MARC BEYERS

Ended
BEYERS

Director · since 04 juin 2007 · until 01 juin 2019 · 0462.961.994

Represented by MARC BEYERS

Ended

Other companies at this address

Avenue du Port 86C 1000 Bruxelles
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ADITUS INVEST● Active
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ADVOCAAT EMILIE VAN GOIDSENHOVEN● Active
0727.937.983
ADVOCAAT ROBIN MINJAUW● Active
0841.681.371
Advocaat Romina Abiuso● Active
0690.546.265
Advocatenkantoor Peter De Ryck● Active
0890.065.466
Aedifex Life Investment● Active
0666.783.542
AGROBRU● Active
0828.070.588
ALEXANDER VANDENBERGEN● Active
0457.175.747
ALTIUS● Active
0476.389.071
Aphilion Q²● Active
0475.805.685
ARX● Active
1039.804.960
AUSTIN BRIGHT● Active
0600.938.952
AUVIBEL● Active
0453.673.453
BART HEYNICKX● Active
0841.810.540
BIENVENUES INVEST● Active
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BIL SICAV B● Active
1036.443.317
Body Training Studio● Active
0644.840.954

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/08/202425/08/202319/09/202205/10/202108/09/202005/09/2019
General meeting02/06/202405/06/202306/06/202207/06/202129/06/202003/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202302/06/202422/08/2024FrenchPDF
Abridged model31/12/202205/06/202325/08/2023FrenchPDF
Full model31/12/202106/06/202219/09/2022FrenchPDF
Abridged model31/12/202007/06/202105/10/2021FrenchPDF
Abridged model31/12/201929/06/202008/09/2020FrenchPDF
Abridged modelCorrection31/12/201803/06/201905/09/2019FrenchPDF
Abridged model31/12/201803/06/201903/06/2019FrenchPDF
Abridged model31/12/201704/06/201804/06/2018FrenchPDF
Abridged model31/12/201606/06/201706/06/2017FrenchPDF
Abridged model31/12/201506/06/201608/06/2016FrenchPDF
Abridged model31/12/201401/06/201504/06/2015FrenchPDF
Abridged model31/12/201302/06/201417/06/2014FrenchPDF
Full model31/12/201203/06/201317/06/2013FrenchPDF
Full model31/12/201104/06/201225/06/2012FrenchPDF
Full model31/12/201006/06/201117/06/2011FrenchPDF
Full model31/12/200907/06/201009/06/2010FrenchPDF
Full model31/12/200802/06/200911/06/2009FrenchPDF
Full modelCorrection31/12/200723/06/200821/08/2008FrenchPDF
Full model31/12/200723/06/200825/06/2008FrenchPDF
Full model31/12/200604/06/200709/07/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 14 ended

Active mandates

MRX CONSULT

Managing director · since 01 janvier 2022 · 0473.510.052

Represented by Freddy Alexandre Van Cauter

Active
RND MEDIA

Director · since 01 janvier 2022 · 0780.878.209

Represented by Renaud Thierry Van Cauter

Active
MRX ESTATE

Director · since 01 juillet 2016 · 0534.833.353

Represented by Freddy Alexandre Van Cauter

Active

Ended mandates

MRX ESTATE

Director · since 01 juillet 2016 · until 01 juin 2019 · 0534.833.353

Ended
JULIEN DUMONT

Director · since 30 août 2012 · until 01 juin 2019

Ended
BEYERS

Director · since 04 juin 2007 · until 01 juin 2013 · 0462.961.994

Represented by MARC BEYERS

Ended
BEYERS

Director · since 04 juin 2007 · until 01 juin 2019 · 0462.961.994

Represented by MARC BEYERS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/12/2024
    DENOMINATION - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office31/01/2023
    SIEGE SOCIAL
    PDF
  • Mandates18/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring08/01/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring09/11/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates24/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/06/2016
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-1,2 M €↓
  2. 2022
    Annual accounts 2022419,7 k €↓
  3. 2021
    Annual accounts 2021569,1 k €↑
  4. 2020
    Annual accounts 2020305,6 k €↑
  5. 2019
    Annual accounts 2019105,1 k €↓
  6. 2018
    Annual accounts 2018484 k €↑
  7. 2017
    Annual accounts 2017332,5 k €↓
  8. 2016
    Annual accounts 2016350,6 k €↓
  9. 2015
    Annual accounts 2015438,6 k €↓
  10. 2014
    Annual accounts 2014802,9 k €↑
  11. 2013
    Annual accounts 2013221,3 k €↑
  12. 2012
    Annual accounts 201218,8 k €↑
  13. 2011
    Annual accounts 2011-793,7 k €↓
  14. 2010
    Annual accounts 201069,3 k €↑
  15. 2009
    Annual accounts 2009-474 k €↓
  16. 2008
    Annual accounts 2008200,1 k €↑
  17. 2007
    Annual accounts 2007138,4 k €↓
  18. 2006
    Annual accounts 2006465,6 k €
  19. 17/03/1982
    IncorporationPublic limited company