ACTIVE

CREATE.eu

Financial year 2025 · closed on 31/12/2025
Net result
1 M €
-26.5% YoY
Gross margin
2,7 M €
-14.9% YoY
Equity
432,3 k €
-42.2% YoY
Workforce
17,1 ETP
+26.7% YoY

What does CREATE.eu do?

CREATE.eu is a Private limited company incorporated in 2006. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Evergem. It employs on average 17,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0883.562.904
Incorporation
11/09/2006
Legal form
Private limited company
Registered office
Noorwegenstraat 49
9940 Evergem · FlandreSee on map
Contributed capital
51 200,00 €
Latest accounts
31/12/2025
Average workforce
17,1 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin2,7 M €3,1 M €821,7 k €1,3 M €1,5 M €1,4 M €2 M €469,7 k €292,8 k €444,5 k €144,4 k €565,1 k €830,8 k €376,7 k €331,3 k €375,5 k €
EBITDA1,6 M €1,7 M €213,8 k €599,8 k €723,6 k €696,9 k €1,5 M €154,9 k €115,7 k €280,1 k €16,2 k €311,3 k €488,2 k €155,7 k €188,4 k €223,2 k €
Operating result1,4 M €1,7 M €197,8 k €584,1 k €720,4 k €678,9 k €1,5 M €127,6 k €68 k €228,6 k €-38 k €147 k €317,2 k €18,5 k €86,5 k €90 k €
Net result1 M €1,4 M €193,1 k €478,5 k €644,8 k €560,9 k €1,2 M €79 k €45,5 k €156,3 k €12 k €99,5 k €210,9 k €14,8 k €60,1 k €54,9 k €
Balance sheet
Equity432,3 k €748,1 k €1,2 M €1,2 M €676,9 k €232,1 k €231,8 k €809,5 k €730,5 k €685 k €528,8 k €516,8 k €417,3 k €206,4 k €191,7 k €131,6 k €
Total assets2,9 M €2,6 M €2 M €2 M €1,1 M €1,3 M €1,9 M €1,3 M €1 M €1 M €721 k €755,5 k €833 k €644,6 k €374,9 k €271,8 k €
Cash1,3 M €993,5 k €713,5 k €1,1 M €613,5 k €665,4 k €530,7 k €784,3 k €617,4 k €650 k €420,4 k €381,6 k €354,2 k €193,3 k €73,1 k €56,5 k €
Debts2,3 M €1,8 M €859,6 k €826,8 k €452,4 k €1,1 M €1,6 M €493,6 k €304,5 k €346,4 k €192,2 k €238,7 k €415,7 k €434,9 k €183,3 k €140,2 k €
Other
Workforce17,1 ETP13,5 ETP10,9 ETP11,9 ETP14,0 ETP13,6 ETP11,0 ETP7,0 ETP4,6 ETP4,4 ETP3,3 ETP5,4 ETP7,2 ETP5,0 ETP3,4 ETP2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 9 ended

Active mandates

AKONO

Director · since 28 juin 2024 · 0544.327.178

Active
BIT HARVEST

Director · since 28 juin 2024 · 0686.875.113

Active
Bob Van Cleemputte & C°

Director · since 28 juin 2024 · 0821.467.561

Active
MFCO

Director · since 28 juin 2024 · 0545.932.232

Active
OLIVIER DE BAERE

Director · since 28 juin 2024 · 0544.752.097

Active

Ended mandates

AKONO

Director · since 31 janvier 2014 · 0544.327.178

Ended
AKONO

Manager · since 31 janvier 2014 · 0544.327.178

Represented by Davy Hoskens

Ended
MFCO

Director · since 31 janvier 2014 · 0545.932.232

Represented by Fréderique Malbrancke

Ended
MFCO

Manager · since 31 janvier 2014 · 0545.932.232

Represented by Fréderique Malbrancke

Ended
At this address

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1010.778.701
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0707.566.104
0452.277.247
0524.727.141
0837.034.873
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date27/08/202604/08/202531/01/202431/01/202327/01/202228/01/2021
General meeting26/06/202627/06/202506/11/202307/11/202228/12/202128/12/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202627/08/2026DutchPDF
Abridged model31/12/202427/06/202504/08/2025DutchPDF
Abridged model30/06/202306/11/202331/01/2024DutchPDF
Abridged model30/06/202207/11/202231/01/2023DutchPDF
Abridged model30/06/202128/12/202127/01/2022DutchPDF
Abridged model30/06/202028/12/202028/01/2021DutchPDF
Abridged model30/06/201902/12/201930/01/2020DutchPDF
Abridged model30/06/201805/11/201820/12/2018DutchPDF
Abridged model30/06/201706/11/201719/12/2017DutchPDF
Abridged model30/06/201607/11/201602/01/2017DutchPDF
Abridged model30/06/201530/11/201509/02/2016DutchPDF
Abridged model30/06/201401/12/201418/12/2014DutchPDF
Abridged model30/06/201331/12/201315/02/2014DutchPDF
Abridged model30/06/201231/12/201218/02/2013DutchPDF
Abridged model30/06/201131/12/201123/02/2012DutchPDF
Abridged model30/06/201031/12/201028/02/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

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 31/12/2025 · 5 active · 9 ended

Active mandates

AKONO

Director · since 28 juin 2024 · 0544.327.178

Active
BIT HARVEST

Director · since 28 juin 2024 · 0686.875.113

Active
Bob Van Cleemputte & C°

Director · since 28 juin 2024 · 0821.467.561

Active
MFCO

Director · since 28 juin 2024 · 0545.932.232

Active
OLIVIER DE BAERE

Director · since 28 juin 2024 · 0544.752.097

Active

Ended mandates

AKONO

Director · since 31 janvier 2014 · 0544.327.178

Ended
AKONO

Manager · since 31 janvier 2014 · 0544.327.178

Represented by Davy Hoskens

Ended
MFCO

Director · since 31 janvier 2014 · 0545.932.232

Represented by Fréderique Malbrancke

Ended
MFCO

Manager · since 31 janvier 2014 · 0545.932.232

Represented by Fréderique Malbrancke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring23/07/2024
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/04/2024
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/06/2018
    BENAMING
    PDF
  • Other29/01/2018
    BENAMING
    PDF
  • Mandates26/03/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/03/2014
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 20251 M €
  2. 2024
    Annual accounts 20241,4 M €
  3. 2024
    Name changeCREATE.eu
  4. 2023
    Annual accounts 2023193,1 k €
  5. 2022
    Annual accounts 2022478,5 k €
  6. 2022
    Name changeCREATE STUDIO
  7. 2021
    Annual accounts 2021644,8 k €
  8. 2020
    Annual accounts 2020560,9 k €
  9. 2019
    Annual accounts 20191,2 M €
  10. 2018
    Annual accounts 201879 k €
  11. 2017
    Annual accounts 201745,5 k €
  12. 2016
    Annual accounts 2016156,3 k €
  13. 2015
    Annual accounts 201512 k €
  14. 2014
    Annual accounts 201499,5 k €
  15. 2013
    Annual accounts 2013210,9 k €
  16. 2012
    Annual accounts 201214,8 k €
  17. 2011
    Annual accounts 201160,1 k €
  18. 2010
    Annual accounts 201054,9 k €
  19. 11/09/2006
    IncorporationPrivate limited company