CREATIVE DEVELOPMENT ORGANISATION
0439.536.197 · rovalta.com · 22/09/2026
ACTIVE
CREATIVE DEVELOPMENT ORGANISATION
Financial year 2024 · closed on 31/12/2024
Net result
-8,4 k €
+86.4% YoY
Gross margin
-63,2 k €
-357.8% YoY
Equity
1,3 M €
-0.7% YoY
Overview
What does CREATIVE DEVELOPMENT ORGANISATION do?
CREATIVE DEVELOPMENT ORGANISATION is a Public limited company incorporated in 1989. Its main activity is: Advertising agencies. Its registered office is in Ixelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.536.197
Incorporation
04/12/1989
Legal form
Public limited company
Registered office
Avenue Louise 54
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
149 231,90 €
Latest accounts
31/12/2024
Activities (NACE)
Joint committees (1)
- 218
Signals
Solid equityLow riskGood liquidity
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Financials
Trend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | -63,2 k € | -358% | 24,5 k € | -53.0% | 52,1 k € | -62.1% | 137,4 k € | -40.8% | 232 k € | +217% | 73,3 k € | +655% | 9,7 k € | -95.4% | 212,7 k € | +84.8% | 115,1 k € | +3656% | -3,2 k € | +7.2% | -3,5 k € | -534% | -550,4 € | -150% | 1,1 k € | +122% | -5,1 k € | -621% | 976 € | -89.9% | 9,6 k € | +127% | -36 k € | -131% | 116,4 k € | +603% | -23,1 k € |
| EBITDA | -72,6 k € | +20.3% | -91,2 k € | -285% | 49,4 k € | -63.5% | 135,3 k € | -41.3% | 230,7 k € | +219% | 72,4 k € | +787% | 8,2 k € | -96.2% | 212,7 k € | +87.7% | 113,3 k € | +2803% | -4,2 k € | -20.2% | -3,5 k € | -146% | -1,4 k € | +23.0% | -1,8 k € | +76.8% | -7,9 k € | -201% | -2,6 k € | -1905% | 146,3 € | +100% | -46,1 k € | -151% | 89,8 k € | +239% | -64,4 k € |
| Operating result | -73,3 k € | +23.3% | -95,6 k € | -313% | 44,9 k € | -65.7% | 130,9 k € | -42.3% | 227 k € | +220% | 71 k € | +955% | 6,7 k € | -96.8% | 210,9 k € | +86.6% | 113 k € | +2563% | -4,6 k € | -28.2% | -3,6 k € | -137% | -1,5 k € | +21.9% | -1,9 k € | +76.3% | -8,2 k € | -112% | -3,8 k € | +28.4% | -5,4 k € | +89.9% | -52,9 k € | -177% | 69,2 k € | +180% | -86,1 k € |
| Net result | -8,4 k € | +86.4% | -62,1 k € | -188% | 70,4 k € | -48.3% | 136,2 k € | -23.5% | 178 k € | +224% | 55 k € | +1846% | 2,8 k € | -98.6% | 203,1 k € | +277% | 53,9 k € | +1244% | -4,7 k € | -9.8% | -4,3 k € | -169% | -1,6 k € | +49.6% | -3,2 k € | +62.5% | -8,4 k € | -84.9% | -4,6 k € | +82.7% | -26,4 k € | +54.0% | -57,4 k € | -184% | 68 k € | +181% | -84,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | -0.7% | 1,3 M € | -4.6% | 1,4 M € | +5.5% | 1,3 M € | +11.9% | 1,1 M € | +18.4% | 966,4 k € | +6.0% | 911,4 k € | +0.3% | 908,6 k € | +28.8% | 705,5 k € | +8.3% | 651,7 k € | -0.7% | 656,4 k € | -0.6% | 660,7 k € | -0.2% | 662,3 k € | -0.5% | 665,4 k € | -1.3% | 673,9 k € | -0.7% | 678,5 k € | -3.7% | 704,9 k € | -7.5% | 762,3 k € | +9.8% | 694,3 k € |
| Total assets | 1,4 M € | -4.7% | 1,5 M € | -3.8% | 1,5 M € | +6.7% | 1,4 M € | +12.7% | 1,3 M € | +9.6% | 1,1 M € | +13.7% | 1 M € | +5.4% | 957,1 k € | +31.9% | 725,7 k € | +11.2% | 652,5 k € | -0.9% | 658,7 k € | -0.6% | 662,9 k € | -1.0% | 669,8 k € | -1.8% | 682,3 k € | -1.1% | 690,1 k € | +1.1% | 682,3 k € | -11.7% | 772,8 k € | -10.6% | 864,5 k € | +12.8% | 766,2 k € |
| Cash | 181,2 k € | +177% | 65,5 k € | +4763% | 1,3 k € | +6129% | 21,6 € | -91.5% | 255 € | +101% | 127 € | -94.8% | 2,4 k € | -83.0% | 14,4 k € | +143484% | 10 € | -84.5% | 64,9 € | +199% | 21,7 € | -96.5% | 626,8 € | +6.7% | 587,5 € | +99.3% | 294,8 € | -92.4% | 3,9 k € | -97.0% | 131,4 k € | – | 1,7 k € | -91.5% | 20,3 k € | ||
| Debts | 104,5 k € | -36.5% | 164,6 k € | +3.1% | 159,7 k € | +18.0% | 135,4 k € | +21.5% | 111,5 k € | -38.0% | 179,8 k € | +85.2% | 97,1 k € | +100% | 48,5 k € | +141% | 20,1 k € | +2339% | 825,5 € | -64.2% | 2,3 k € | +2.0% | 2,3 k € | -69.8% | 7,5 k € | -55.4% | 16,8 k € | +4.0% | 16,2 k € | +318% | 3,9 k € | -94.3% | 67,9 k € | -33.6% | 102,2 k € | +42.2% | 71,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,3 ETP | 0.0% | 0,3 ETP | 0.0% | 0,3 ETP | -70.0% | 1,0 ETP | -16.7% | 1,2 ETP | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 5 ended
Active mandates
Alain Ollier
ActiveEnded mandates
At this address
Other companies at this address
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AF TRADING● Active | 0886.780.334 |
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ALATA LABS● Active | 0743.589.924 |
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ALD STUDIO● Active | 0802.043.411 |
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Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/07/2025 | 15/01/2025 | 09/10/2023 | 24/10/2022 | 29/09/2022 | 30/10/2020 |
| General meeting | 30/05/2025 | 03/01/2025 | 09/10/2023 | 05/10/2022 | 27/09/2022 | 29/10/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 30/05/2025 | 02/07/2025 | French | |
| Micro model | 31/12/2023 | 03/01/2025 | 15/01/2025 | French | |
| Micro model | 31/12/2022 | 09/10/2023 | 09/10/2023 | French | |
| Micro model | 31/12/2021 | 05/10/2022 | 24/10/2022 | French | |
| Abridged model | 31/12/2020 | 27/09/2022 | 29/09/2022 | French | |
| Abridged model | 31/12/2019 | 29/10/2020 | 30/10/2020 | French | |
| Abridged model | 31/12/2018 | 23/08/2019 | 28/08/2019 | French | |
| Abridged model | 31/12/2017 | 14/08/2018 | 20/08/2018 | French | |
| Abridged model | 31/12/2016 | 18/08/2017 | 28/08/2017 | French | |
| Abridged model | 31/12/2015 | 29/08/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 24/08/2015 | 31/08/2015 | French | |
| Abridged model | 31/12/2013 | 29/08/2014 | 29/08/2014 | French | |
| Abridged model | 31/12/2012 | 31/05/2013 | 23/09/2013 | French | |
| Abridged model | 31/12/2011 | 25/05/2012 | 25/10/2012 | French | |
| Abridged model | 31/12/2010 | 27/05/2011 | 30/11/2011 | French | |
| Abridged model | 31/12/2009 | 28/05/2010 | 28/09/2010 | French | |
| Abridged model | 31/12/2008 | 29/05/2009 | 31/07/2009 | French | |
| Abridged model | 31/12/2007 | 30/05/2008 | 14/08/2008 | French | |
| Abridged model | 31/12/2006 | 25/05/2007 | 31/08/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 5 ended
Active mandates
Alain Ollier
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-8,4 k €↑
- 2023Annual accounts 2023-62,1 k €↓
- 2022Annual accounts 202270,4 k €↓
- 2021Annual accounts 2021136,2 k €↓
- 2020Annual accounts 2020178 k €↑
- 2020Name changeCREDO
- 2019Annual accounts 201955 k €↑
- 2018Annual accounts 20182,8 k €↓
- 2017Annual accounts 2017203,1 k €↑
- 2016Annual accounts 201653,9 k €↑
- 2015Annual accounts 2015-4,7 k €↓
- 2014Annual accounts 2014-4,3 k €↓
- 2013Annual accounts 2013-1,6 k €↑
- 2012Annual accounts 2012-3,2 k €↑
- 2011Annual accounts 2011-8,4 k €↓
- 2010Annual accounts 2010-4,6 k €↑
- 2009Annual accounts 2009-26,4 k €↑
- 2008Annual accounts 2008-57,4 k €↓
- 2007Annual accounts 200768 k €↑
- 2006Annual accounts 2006-84,3 k €
- 2006Name changeCreative Development Organisation
- 04/12/1989IncorporationPublic limited company