OPENING OF BANKRUPTCY

AB CREATIONS

Company — Opening of bankruptcy.

Financial year 2025 · Closed on 31/05/2025

Net result-789 €-175,1 %over 1 year
Gross margin271,6 k €-27,6 %over 1 year
Equity294,8 k €-0,3 %over 1 year
Workforce3,4 ETP-12,8 %over 1 year

Identity

Source · BCE/KBO

AB CREATIONS is a Public limited company incorporated in 1987. Its main activity is: Advertising agencies. Its registered office is in Waregem. It employs on average 3,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0431.678.704
Incorporation
05/08/1987
Legal form
Public limited company
Registered office
Windhoek 22
8790 Waregem · FlandreSee on map
Contributed capital
118 523,94 €
Latest accounts
31/05/2025
Average workforce
3,4 ETP
Joint committees (1)
  • 218
Signals
Solid equityGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin271,6 k €375 k €445,3 k €402,2 k €348,5 k €
EBITDA-760 €62,8 k €79,3 k €72 k €59 k €
Operating result-12,2 k €3,8 k €21,8 k €10,7 k €-3,9 k €
Net result-789 €1,1 k €16,9 k €14,1 k €73,9 €
Balance sheet
Equity294,8 k €295,6 k €294,5 k €277,6 k €263,5 k €
Total assets415,9 k €438,6 k €495,3 k €660 k €463,9 k €
Cash120,5 k €247,3 k €195,4 k €256 k €93,8 k €
Debts121,1 k €143 k €200,7 k €366,6 k €200,4 k €
Other
Workforce3,4 ETP3,9 ETP4,6 ETP4,8 ETP5,0 ETP

Board of directors

Source · NBB, accounts to 31/05/2025

2 active · 15 ended

Active mandates

ABMA

Managing director · since 14 septembre 2022 · until 14 septembre 2028 · 0887.529.016

Represented by Piet Coucke

Active
DRIEHOEK

Managing director · since 14 septembre 2022 · until 14 septembre 2028 · 0463.473.522

Represented by Koen Verbauwhede

Active

Ended mandates

ABMA

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0887.529.016

Represented by Piet Coucke

Ended
ABMA

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0887.529.016

Represented by Piet Coucke

Ended
DRIEHOEK

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0463.473.522

Represented by Koen Verbauwhede

Ended
DRIEHOEK

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0463.473.522

Represented by Koen Verbauwhede

Ended

Other companies at this address

Windhoek 22 8790 Waregem
CompanyCBE no.
ABMA● Bankrupt
0887.529.016
DRIEHOEK● Active
0463.473.522

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/10/202512/11/202421/11/202301/12/202214/12/202115/12/2020
General meeting10/09/202511/09/202413/09/202314/09/202208/09/202109/09/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202510/09/202514/10/2025DutchPDF
Abridged model31/05/202411/09/202412/11/2024DutchPDF
Abridged model31/05/202313/09/202321/11/2023DutchPDF
Abridged model31/05/202214/09/202201/12/2022DutchPDF
Abridged model31/05/202108/09/202114/12/2021DutchPDF
Abridged model31/05/202009/09/202015/12/2020DutchPDF
Abridged model31/05/201911/09/201922/10/2019DutchPDF
Abridged model31/05/201812/09/201829/10/2018DutchPDF
Abridged model31/05/201713/09/201724/10/2017DutchPDF
Abridged model31/05/201614/09/201627/10/2016DutchPDF
Abridged model31/05/201509/09/201529/09/2015DutchPDF
Abridged model31/05/201410/09/201429/10/2014DutchPDF
Abridged model31/05/201311/09/201328/11/2013DutchPDF
Abridged model31/05/201212/09/201217/12/2012DutchPDF
Abridged model31/05/201114/09/201129/11/2011DutchPDF
Abridged model31/05/201008/09/201009/12/2010DutchPDF
Abridged model31/05/200909/09/200927/11/2009DutchPDF
Abridged model31/05/200810/09/200815/12/2008DutchPDF
Abridged model31/05/200712/09/200729/11/2007DutchPDF

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 31/05/2025

2 active · 15 ended

Active mandates

ABMA

Managing director · since 14 septembre 2022 · until 14 septembre 2028 · 0887.529.016

Represented by Piet Coucke

Active
DRIEHOEK

Managing director · since 14 septembre 2022 · until 14 septembre 2028 · 0463.473.522

Represented by Koen Verbauwhede

Active

Ended mandates

ABMA

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0887.529.016

Represented by Piet Coucke

Ended
ABMA

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0887.529.016

Represented by Piet Coucke

Ended
DRIEHOEK

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0463.473.522

Represented by Koen Verbauwhede

Ended
DRIEHOEK

Managing director · since 14 septembre 2016 · until 14 septembre 2022 · 0463.473.522

Represented by Koen Verbauwhede

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/01/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/07/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/01/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

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Timeline

  1. 2025
    Annual accounts 2025-789 €↓
  2. 2024
    Annual accounts 20241,1 k €↓
  3. 2023
    Annual accounts 202316,9 k €↑
  4. 2022
    Annual accounts 202214,1 k €↑
  5. 2021
    Annual accounts 202173,9 €↑
  6. 2020
    Annual accounts 2020-96 k €↓
  7. 2019
    Annual accounts 2019197,9 €↓
  8. 2018
    Annual accounts 201814,3 k €↓
  9. 2017
    Annual accounts 2017105 k €↑
  10. 2016
    Annual accounts 2016-3,4 k €↑
  11. 2015
    Annual accounts 2015-144,3 k €↓
  12. 2014
    Annual accounts 201492,4 k €↓
  13. 2013
    Annual accounts 2013178,4 k €↓
  14. 2012
    Annual accounts 2012276,8 k €↑
  15. 2011
    Annual accounts 2011200 k €↑
  16. 2010
    Annual accounts 2010176,6 k €↑
  17. 2009
    Annual accounts 2009113,6 k €↓
  18. 2008
    Annual accounts 2008170,4 k €↓
  19. 2007
    Annual accounts 2007180,4 k €
  20. 05/08/1987
    IncorporationPublic limited company