NORMAL SITUATION

CREATE SYSTEMS

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Financial year 2023 · closed on 31/12/2023
Net result
649,4 k €
-39.2% YoY
Gross margin
1,4 M €
-22.5% YoY
Equity
1,1 M €
+144.3% YoY
Workforce
8,0 ETP
+15.9% YoY

Company — Normal situation.

What does CREATE SYSTEMS do?

CREATE SYSTEMS is a company registered in Belgium. It employs on average 8,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.860.903
Legal form
Private company with limited liability
Contributed capital
25 000,00 €
Latest accounts
31/12/2023
Average workforce
8,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202320222021202020192018201720162015201420132012
Income statement
Gross margin1,4 M €1,8 M €812,3 k €948,1 k €517,8 k €475,4 k €67,9 k €10,3 k €54,4 k €41,4 k €6,1 k €-9,7 k €
EBITDA886,3 k €1,4 M €550,7 k €711,3 k €364 k €423,5 k €64,9 k €9,4 k €51,9 k €40,7 k €5,2 k €-9,8 k €
Operating result848 k €1,4 M €540,2 k €704,7 k €356,4 k €416,6 k €58 k €3,5 k €45,5 k €34,6 k €3,9 k €-10,6 k €
Net result649,4 k €1,1 M €405,5 k €530,4 k €247,8 k €350,8 k €40,2 k €1,6 k €32,4 k €26,3 k €4 k €-10,5 k €
Balance sheet
Equity1,1 M €450,2 k €481,4 k €75,9 k €75,9 k €28,1 k €119 k €78,8 k €77,2 k €44,8 k €18,5 k €14,5 k €
Total assets1,8 M €1,9 M €1,3 M €785,7 k €1,3 M €643,5 k €228,3 k €105,4 k €199,4 k €118,2 k €67,3 k €41,1 k €
Cash878,1 k €1,2 M €254,4 k €580,3 k €1 M €371,3 k €25,4 k €37,9 k €54,5 k €14,3 k €35,7 k €25,7 k €
Debts731,3 k €1,4 M €825,3 k €709,7 k €937,9 k €615,4 k €109,3 k €26,6 k €122,1 k €73,4 k €48,8 k €26,6 k €
Other
Workforce8,0 ETP6,9 ETP5,0 ETP–––––––––
Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 6 ended

Active mandates

BIT HARVEST

Director · 0686.875.113

Represented by Christophe Hoebeeck

Active
Bob Van Cleemputte & C°

Director · 0821.467.561

Represented by BOB VAN CLEEMPUTTE

Active
OLIVIER DE BAERE

Director · 0544.752.097

Active

Ended mandates

Bob Van Cleemputte & C°

Manager · since 10 février 2014 · 0821.467.561

Represented by Bob Van Cleemputte

Ended
CHRISTOPHE HOEBEECK

Manager · since 20 février 2012

Ended
WINO HOOGERWIJS

Manager · since 20 février 2012

Ended
BIT HARVEST

Manager · 0686.875.113

Represented by Christophe Hoebeeck

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date25/06/202420/06/202329/06/202215/07/202125/08/202019/07/2019
General meeting21/06/202402/06/202317/06/202218/06/202105/06/202007/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202321/06/202425/06/2024DutchPDF
Abridged model31/12/202202/06/202320/06/2023DutchPDF
Abridged model31/12/202117/06/202229/06/2022DutchPDF
Micro model31/12/202018/06/202115/07/2021DutchPDF
Micro model31/12/201905/06/202025/08/2020DutchPDF
Micro model31/12/201807/06/201919/07/2019DutchPDF
Micro model31/12/201701/06/201814/06/2018DutchPDF
Micro model31/12/201616/06/201726/07/2017DutchPDF
Abridged model31/12/201517/06/201617/08/2016DutchPDF
Abridged model31/12/201431/07/201529/08/2015DutchPDF
Abridged model31/12/201331/07/201429/08/2014DutchPDF
Abridged model31/12/201221/06/201325/06/2013DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 6 ended

Active mandates

BIT HARVEST

Director · 0686.875.113

Represented by Christophe Hoebeeck

Active
Bob Van Cleemputte & C°

Director · 0821.467.561

Represented by BOB VAN CLEEMPUTTE

Active
OLIVIER DE BAERE

Director · 0544.752.097

Active

Ended mandates

Bob Van Cleemputte & C°

Manager · since 10 février 2014 · 0821.467.561

Represented by Bob Van Cleemputte

Ended
CHRISTOPHE HOEBEECK

Manager · since 20 février 2012

Ended
WINO HOOGERWIJS

Manager · since 20 février 2012

Ended
BIT HARVEST

Manager · 0686.875.113

Represented by Christophe Hoebeeck

Ended
Shareholders

Ownership and network

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Competition

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 2023649,4 k €↓
  2. 2022
    Annual accounts 20221,1 M €↑
  3. 2021
    Annual accounts 2021405,5 k €↓
  4. 2020
    Annual accounts 2020530,4 k €↑
  5. 2019
    Annual accounts 2019247,8 k €↓
  6. 2018
    Annual accounts 2018350,8 k €↑
  7. 2017
    Annual accounts 201740,2 k €↑
  8. 2016
    Annual accounts 20161,6 k €↓
  9. 2015
    Annual accounts 201532,4 k €↑
  10. 2014
    Annual accounts 201426,3 k €↑
  11. 2013
    Annual accounts 20134 k €↑
  12. 2012
    Annual accounts 2012-10,5 k €