ACTIVE

CREATIVE WORK

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Financial year 2025 · closed on 30/09/2025

Net result

8,9 k €

-38.5% YoY

Gross margin

16,6 k €

+70.2% YoY

Equity

209 k €

+4.5% YoY

What does CREATIVE WORK do?

CREATIVE WORK is a Private limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.616.806

Incorporation

21/10/2002

Legal form

Private limited company

Registered office

Drève Richelle 161P box 31
1410 Waterloo · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 52487Warehousing and support activities for transportation+8

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	16,6 k €	+70.2%	9,8 k €	-94.6%	180,9 k €	+460%	32,3 k €	+61.6%	20 k €	-42.4%	34,7 k €	-1.5%	35,2 k €	+976%	3,3 k €	-94.7%	61,9 k €	+63.6%	37,8 k €	-49.3%	74,5 k €	+13.7%	65,6 k €	+1672%	3,7 k €	-40.9%	6,3 k €	-90.8%	68,3 k €	+78.4%	38,3 k €	+7.5%	35,6 k €	-38.3%	57,7 k €	+20.9%	47,7 k €
EBITDA	15,9 k €	+107%	7,7 k €	-95.6%	176,4 k €	+505%	29,2 k €	+69.7%	17,2 k €	-47.8%	33 k €	-0.9%	33,3 k €	+2398%	1,3 k €	-97.7%	57,6 k €	+56.8%	36,7 k €	-48.9%	71,8 k €	+14.7%	62,6 k €	+2950%	2,1 k €	-57.7%	4,9 k €	-92.5%	65,1 k €	+78.4%	36,5 k €	+7.2%	34 k €	-37.7%	54,6 k €	+16.6%	46,9 k €
Operating result	14,9 k €	+125%	6,6 k €	-96.1%	169,6 k €	+926%	16,5 k €	+303%	4,1 k €	-78.8%	19,4 k €	+17.5%	16,5 k €	+196%	-17,2 k €	-141%	42,4 k €	+87.0%	22,7 k €	-59.3%	55,7 k €	+23.7%	45,1 k €	+225%	-36 k €	-1174%	-2,8 k €	-105%	60,5 k €	+91.5%	31,6 k €	+6.4%	29,7 k €	-42.4%	51,6 k €	+16.4%	44,3 k €
Net result	8,9 k €	-38.5%	14,5 k €	-87.1%	112,4 k €	+839%	12 k €	+1276%	-1 k €	-112%	8,7 k €	-9.5%	9,6 k €	+159%	-16,2 k €	-174%	21,7 k €	+166%	8,2 k €	-70.0%	27,3 k €	-17.5%	33 k €	+171%	-46,7 k €	-651%	-6,2 k €	-116%	38,3 k €	+110%	18,2 k €	+18.9%	15,3 k €	-55.1%	34,2 k €	+17.6%	29 k €
Balance sheet
Equity	209 k €	+4.5%	200,1 k €	+7.8%	185,6 k €	+42.4%	130,3 k €	+10.1%	118,4 k €	-0.9%	119,4 k €	+7.1%	111,5 k €	+8.6%	102,7 k €	-13.3%	118,4 k €	+22.5%	96,7 k €	+9.2%	88,5 k €	+44.5%	61,2 k €	+117%	28,2 k €	-62.3%	74,9 k €	-7.7%	81,1 k €	+89.4%	42,8 k €	+74.2%	24,6 k €	-69.0%	79,2 k €	+75.8%	45,1 k €
Total assets	232,5 k €	-2.5%	238,4 k €	-42.3%	413,5 k €	+37.6%	300,6 k €	+1.0%	297,6 k €	+6.6%	279,1 k €	-9.5%	308,3 k €	+8.3%	284,6 k €	-17.9%	346,8 k €	+13.5%	305,6 k €	-15.7%	362,3 k €	+12.1%	323,1 k €	+9.0%	296,3 k €	+189%	102,4 k €	-9.2%	112,7 k €	+106%	54,8 k €	-49.3%	108 k €	+12.4%	96,1 k €	+28.2%	75 k €
Cash	201,8 k €	+5.6%	191,1 k €	+816%	20,9 k €	-69.7%	69 k €	-1.0%	69,7 k €	+43.6%	48,5 k €	+204%	15,9 k €	-34.1%	24,2 k €	-57.1%	56,3 k €	+204%	18,5 k €	-72.2%	66,8 k €	+333%	15,4 k €	+88.6%	8,2 k €	-71.6%	28,8 k €	-42.2%	49,8 k €	+180%	17,8 k €	+266%	4,9 k €	-66.9%	14,6 k €	-74.1%	56,6 k €
Debts	23,5 k €	-38.7%	38,3 k €	-83.2%	227,9 k €	+35.5%	168,3 k €	-6.1%	179,3 k €	+12.2%	159,7 k €	-18.8%	196,8 k €	+8.2%	181,9 k €	-20.4%	228,4 k €	+9.3%	208,9 k €	-23.7%	273,8 k €	+4.6%	261,9 k €	-2.3%	268,1 k €	+875%	27,5 k €	-13.0%	31,6 k €	+164%	12 k €	-85.6%	83,4 k €	+396%	16,8 k €	-43.7%	29,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 5 ended

Active mandates

Valérie Vandervlies

Administrator - manager · since 15 août 2010

Active

Bruno Ramioulle

Administrator - manager · since 15 octobre 2002

Active

Ended mandates

Valérie Vandervlies

Manager · since 15 août 2010 · until 15 août 2016

Ended

Linda Beghin

Manager · since 01 janvier 2008 · until 31 décembre 2013

Ended

Bruno Ramioulle

Director

Ended

Bruno Ramioulle

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	23/04/2025	30/04/2024	27/04/2023	21/04/2022	30/04/2021
General meeting	20/03/2026	21/03/2025	15/03/2024	17/03/2023	18/03/2022	19/03/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	20/03/2026	31/03/2026	French	PDF
Micro model	30/09/2024	21/03/2025	23/04/2025	French	PDF
Micro model	30/09/2023	15/03/2024	30/04/2024	French	PDF
Micro model	30/09/2022	17/03/2023	27/04/2023	French	PDF
Micro model	30/09/2021	18/03/2022	21/04/2022	French	PDF
Micro model	30/09/2020	19/03/2021	30/04/2021	French	PDF
Micro model	30/09/2019	20/03/2020	10/04/2020	French	PDF
Micro model	30/09/2018	15/03/2019	15/04/2019	French	PDF
Micro model	30/09/2017	16/03/2018	16/04/2018	French	PDF
Abridged model	30/09/2016	17/03/2017	28/03/2017	French	PDF
Abridged model	30/09/2015	18/03/2016	23/03/2016	French	PDF
Abridged model	30/09/2014	20/03/2015	27/03/2015	French	PDF
Abridged model	30/09/2013	31/03/2014	30/04/2014	French	PDF
Abridged model	30/09/2012	31/03/2013	10/05/2013	French	PDF
Abridged model	30/09/2011	31/03/2012	01/06/2012	French	PDF
Abridged model	30/09/2010	18/03/2011	09/05/2011	French	PDF
Abridged model	30/09/2009	19/03/2010	01/05/2010	French	PDF
Abridged model	30/09/2008	20/03/2009	11/05/2009	French	PDF
Abridged model	30/09/2007	21/03/2008	23/06/2008	French	PDF
Abridged model	30/09/2006	16/03/2007	19/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 5 ended

Active mandates

Valérie Vandervlies

Administrator - manager · since 15 août 2010

Active

Bruno Ramioulle

Administrator - manager · since 15 octobre 2002

Active

Ended mandates

Valérie Vandervlies

Manager · since 15 août 2010 · until 15 août 2016

Ended

Linda Beghin

Manager · since 01 janvier 2008 · until 31 décembre 2013

Ended

Bruno Ramioulle

Director

Ended

Bruno Ramioulle

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office12/10/2023
SIEGE SOCIAL
PDF
Registered office28/07/2020
SIEGE SOCIAL
PDF
Registered office06/03/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Registered office20/06/2018
SIEGE SOCIAL
PDF
Mandates07/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates09/05/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office10/02/2016
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20258,9 k €↓
2024
Annual accounts 202414,5 k €↓
2023
Annual accounts 2023112,4 k €↑
2022
Annual accounts 202212 k €↑
2021
Annual accounts 2021-1 k €↓
2020
Annual accounts 20208,7 k €↓
2019
Annual accounts 20199,6 k €↑
2018
Annual accounts 2018-16,2 k €↓
2017
Annual accounts 201721,7 k €↑
2016
Annual accounts 20168,2 k €↓
2015
Annual accounts 201527,3 k €↓
2014
Annual accounts 201433 k €↑
2013
Annual accounts 2013-46,7 k €↓
2012
Annual accounts 2012-6,2 k €↓
2011
Annual accounts 201138,3 k €↑
2010
Annual accounts 201018,2 k €↑
2009
Annual accounts 200915,3 k €↓
2008
Annual accounts 200834,2 k €↑
2007
Annual accounts 200729 k €
21/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CREATIVE WORK

Overview

What does CREATIVE WORK do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline