CRETES
0412.423.610 · rovalta.com · 23/09/2026
ACTIVE
CRETES
Financial year 2025 · closed on 31/12/2025
Net result
303,8 k €
+257.2% YoY
Gross margin
4 M €
+51.3% YoY
Equity
1,5 M €
+26.4% YoY
Workforce
26,9 ETP
-1.5% YoY
Overview
What does CRETES do?
CRETES is a Public limited company incorporated in 1972. Its main activity is: Manufacture of machinery for textile, apparel and leather production. Its registered office is in Wevelgem. It employs on average 26,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0412.423.610
Incorporation
03/05/1972
Legal form
Public limited company
Registered office
Bissegemstraat 169
8560 Wevelgem · FlandreSee on map
8560 Wevelgem · FlandreSee on map
Contributed capital
944 000,00 €
Latest accounts
31/12/2025
Average workforce
26,9 ETP
Activities (NACE)
28940Manufacture of machinery for textile, apparel and leather production· main28940Manufacture of machinery for textile, apparel and leather production28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.29540Manufacture of motor vehicles, trailers and semi-trailers
Joint committees (4)
- 111
- 11101
- 209
- 20900
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 4 M € | +51.3% | 2,6 M € | +0.8% | 2,6 M € | -4.6% | 2,7 M € | -11.2% | 3,1 M € | +65.5% | 1,9 M € | -8.3% | 2 M € | -10.4% | 2,3 M € | -19.3% | 2,8 M € | +49.9% | 1,9 M € |
| EBITDA | 1,1 M € | +151% | 418,8 k € | -14.5% | 490 k € | -33.3% | 734,4 k € | -36.1% | 1,1 M € | +244% | 333,7 k € | -34.9% | 512,4 k € | -7.2% | 552,5 k € | -56.4% | 1,3 M € | +321% | 300,9 k € |
| Operating result | 357,8 k € | +89.9% | 188,4 k € | -25.4% | 252,5 k € | -57.6% | 595,3 k € | -39.0% | 975,8 k € | +881% | 99,5 k € | +27.6% | 78 k € | -71.5% | 273,9 k € | -75.3% | 1,1 M € | +496% | 186 k € |
| Net result | 303,8 k € | +257% | 85 k € | +1351% | 5,9 k € | -99.2% | 708,9 k € | -12.3% | 808,4 k € | +711% | 99,7 k € | +145% | 40,6 k € | -87.2% | 316,8 k € | -54.4% | 694,9 k € | +549% | 107,1 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 1,5 M € | +26.4% | 1,1 M € | +7.9% | 1,1 M € | +0.5% | 1,1 M € | +0.0% | 1,1 M € | -8.8% | 1,2 M € | +6.4% | 1,1 M € | +4.8% | 1 M € | -35.9% | 1,6 M € | +74.8% | 929,4 k € |
| Total assets | 10,3 M € | +61.9% | 6,3 M € | -11.8% | 7,2 M € | -10.6% | 8 M € | +38.3% | 5,8 M € | +61.5% | 3,6 M € | -6.6% | 3,9 M € | -1.9% | 3,9 M € | -35.6% | 6,1 M € | -18.8% | 7,5 M € |
| Cash | 0 € | -100% | 252,4 k € | +4.0% | 242,7 k € | -91.2% | 2,7 M € | +269% | 743,2 k € | +412% | 145,2 k € | +43.0% | 101,6 k € | -26.8% | 138,7 k € | -61.6% | 361,5 k € | -8.3% | 394,1 k € |
| Debts | 8,3 M € | +70.9% | 4,9 M € | -16.9% | 5,9 M € | -13.8% | 6,8 M € | +49.2% | 4,5 M € | +86.9% | 2,4 M € | -11.7% | 2,8 M € | -4.4% | 2,9 M € | -35.6% | 4,5 M € | -32.0% | 6,6 M € |
| Other | |||||||||||||||||||
| Workforce | 26,9 ETP | -1.5% | 27,3 ETP | -4.9% | 28,7 ETP | -8.6% | 31,4 ETP | 0.0% | 31,4 ETP | -6.3% | 33,5 ETP | -6.4% | 35,8 ETP | -6.3% | 38,2 ETP | +4.9% | 36,4 ETP | -5.7% | 38,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 40 ended
Active mandates
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 31/12/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 15 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/07/2026 | 13/12/2024 | 23/02/2024 | 14/04/2023 | 26/04/2022 | 01/03/2021 |
| General meeting | 30/06/2026 | 09/12/2024 | 16/02/2024 | 16/03/2023 | 31/03/2022 | 15/02/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 20/07/2026 | Dutch | |
| Abridged model | 30/09/2024 | 09/12/2024 | 13/12/2024 | Dutch | |
| Abridged model | 30/09/2023 | 16/02/2024 | 23/02/2024 | Dutch | |
| Abridged model | 30/09/2022 | 16/03/2023 | 14/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 31/03/2022 | 26/04/2022 | Dutch | |
| Abridged model | 30/09/2020 | 15/02/2021 | 01/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 10/02/2020 | 17/02/2020 | Dutch | |
| Abridged model | 30/06/2018 | 14/12/2018 | 26/12/2018 | Dutch | |
| Abridged model | 30/06/2017 | 08/01/2018 | 09/01/2018 | Dutch | |
| Full model | 30/06/2016 | 16/12/2016 | 19/12/2016 | Dutch | |
| Full model | 30/06/2015 | 27/11/2015 | 17/12/2015 | Dutch | |
| Full model | 30/06/2014 | 28/11/2014 | 19/12/2014 | Dutch | |
| Full model | 30/06/2013 | 29/11/2013 | 20/12/2013 | Dutch | |
| Full model | 30/06/2012 | 20/12/2012 | 11/01/2013 | Dutch | |
| Abridged model | 30/06/2011 | 25/11/2011 | 29/11/2011 | Dutch | |
| Abridged model | 30/06/2010 | 26/11/2010 | 09/02/2011 | Dutch | |
| Abridged model | 30/06/2009 | 27/11/2009 | 30/11/2009 | Dutch | |
| Abridged model | 30/06/2008 | 28/11/2008 | 29/01/2009 | Dutch | |
| Abridged model | 30/06/2007 | 11/01/2008 | 14/01/2008 | Dutch | |
| Abridged model | 30/06/2006 | 31/01/2007 | 13/02/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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 31/12/2025 · 4 active · 40 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates03/07/2025ONTSLAGEN - BENOEMINGEN
- Annual accounts09/12/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - JAARREKENINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates24/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2019ONTSLAGEN - BENOEMINGEN
- Mandates08/08/2019STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Other15/03/2018DIVERSEN
- Mandates25/10/2017ONTSLAGEN - BENOEMINGEN
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
- 2025Annual accounts 2025303,8 k €↑
- 2024Annual accounts 202485 k €↑
- 2023Annual accounts 20235,9 k €↓
- 2022Annual accounts 2022708,9 k €↓
- 2021Annual accounts 2021808,4 k €↑
- 2014Name changeCretes
- 2011Annual accounts 201199,7 k €↑
- 2010Annual accounts 201040,6 k €↓
- 2009Annual accounts 2009316,8 k €↓
- 2008Annual accounts 2008694,9 k €↑
- 2007Annual accounts 2007107,1 k €
- 2007Name changeVAN DOMMELE ENGINEERING
- 03/05/1972IncorporationPublic limited company