ACTIVE

CREATUFT

Financial year 2025 · closed on 31/12/2025
Net result
-392 k €
-210.1% YoY
Revenue
15,4 M €
-1.8% YoY
Equity
8,5 M €
-4.4% YoY
Workforce
63,7 ETP
-8.7% YoY

What does CREATUFT do?

CREATUFT is a Public limited company incorporated in 1978. Its main activity is: Manufacture of carpets and rugs. Its registered office is in Kuurne. It employs on average 63,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.038.128
Incorporation
22/02/1978
Legal form
Public limited company
Registered office
Industrielaan 16
8520 Kuurne · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
63,7 ETP
Joint committees (2)
  • 120
  • 214
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201320122011201020092008
Income statement
Revenue15,4 M €15,7 M €16,1 M €15,4 M €15,5 M €12,6 M €11,2 M €12,1 M €13,2 M €14,4 M €14,1 M €14,8 M €16,3 M €13,5 M €12,9 M €12,6 M €15,8 M €
EBITDA592,2 k €596 k €864 k €586,6 k €1,3 M €1,2 M €383,3 k €185,6 k €173,7 k €52,6 k €418,3 k €564,6 k €442,8 k €809,5 k €661,3 k €169,9 k €655,8 k €
Operating result-146,2 k €-77,3 k €308,9 k €118,4 k €831,9 k €789,9 k €60,3 k €-195,6 k €-332 k €-350,6 k €113,6 k €124,2 k €89,5 k €486,6 k €278,3 k €-453,2 k €-123,3 k €
Net result-392 k €355,9 k €117,6 k €-82 k €620,8 k €512,5 k €-144 k €-395 k €-554,5 k €-595,1 k €59,1 k €142,9 k €32,1 k €-1,3 M €246,7 k €-541,3 k €-683,2 k €
Balance sheet
Equity8,5 M €8,9 M €8,6 M €8,5 M €8,5 M €7,9 M €7,4 M €7,5 M €7,9 M €8,5 M €9,1 M €8,8 M €8,7 M €8,6 M €9,9 M €9,6 M €10,2 M €
Total assets17,5 M €17,5 M €16,6 M €15,1 M €15,3 M €16,3 M €16,8 M €14,6 M €14,6 M €15,3 M €14,7 M €14,4 M €14,5 M €13,5 M €12,8 M €13,1 M €14,8 M €
Cash551,7 k €335,5 k €294,3 k €589,8 k €745,2 k €337,5 k €277,2 k €272,6 k €196,6 k €134,9 k €221,5 k €331,3 k €120,3 k €192,2 k €176,7 k €141 k €388 k €
Debts8,9 M €8,5 M €8 M €6,6 M €6,7 M €8,4 M €9,4 M €7 M €6,7 M €6,7 M €5,6 M €5,6 M €5,8 M €4,7 M €2,8 M €3,3 M €4,5 M €
Other
Workforce63,7 ETP69,8 ETP68,8 ETP61,8 ETP64,3 ETP63,2 ETP59,5 ETP62,2 ETP60,2 ETP59,8 ETP59,4 ETP58,4 ETP56,4 ETP56,1 ETP57,1 ETP59,9 ETP62,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Igor MENNES

Chairman of the board of directors · since 21 avril 2024 · until 20 avril 2030

Active
KANTOOR TORRIMMO

Director · since 21 avril 2024 · until 20 avril 2030 · 0434.401.236

Represented by Jean-Pierre Dejaeghere

Active
Marc HAAN

Director · since 21 avril 2024 · until 20 avril 2030

Active
Tonia HAAN

Director · since 21 avril 2024 · until 20 avril 2030

Active

Ended mandates

Igor MENNES

Chairman of the board of directors · since 21 avril 2018 · until 20 avril 2024

Ended
KANTOOR TORRIMMO

Director · since 21 avril 2018 · until 20 avril 2024 · 0434.401.236

Represented by Jean-Pierre Dejaeghere

Ended
Marc HAAN

Director · since 21 avril 2018 · until 20 avril 2024

Ended
Tonia HAAN

Director · since 21 avril 2018 · until 20 avril 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
BERALITOActive
0415.227.504
TasibelActive
0405.028.250
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202624/04/202523/04/202419/04/202320/04/202209/06/2021
General meeting25/04/202619/04/202520/04/202415/04/202316/04/202205/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/04/202628/04/2026DutchPDF
Full model31/12/202419/04/202524/04/2025DutchPDF
Full model31/12/202320/04/202423/04/2024DutchPDF
Full model31/12/202215/04/202319/04/2023DutchPDF
Full model31/12/202116/04/202220/04/2022DutchPDF
Full model31/12/202005/06/202109/06/2021DutchPDF
Full model31/12/201913/06/202017/06/2020DutchPDF
Full model31/12/201820/04/201907/05/2019DutchPDF
Full model31/12/201721/04/201815/05/2018DutchPDF
Full model31/12/201615/04/201704/05/2017DutchPDF
Full model31/12/201516/04/201621/04/2016DutchPDF
Full model31/12/201418/04/201528/04/2015DutchPDF
Full model31/12/201319/04/201406/05/2014DutchPDF
Full model31/12/201220/04/201303/05/2013DutchPDF
Full model31/12/201121/04/201226/04/2012DutchPDF
Full model31/12/201002/04/201114/04/2011DutchPDF
Full model31/12/200917/04/201004/05/2010DutchPDF
Full model31/12/200818/04/200914/05/2009DutchPDF
Full model31/12/200719/04/200814/05/2008DutchPDF
Full model31/12/200621/04/200707/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 4 active · 14 ended

Active mandates

Igor MENNES

Chairman of the board of directors · since 21 avril 2024 · until 20 avril 2030

Active
KANTOOR TORRIMMO

Director · since 21 avril 2024 · until 20 avril 2030 · 0434.401.236

Represented by Jean-Pierre Dejaeghere

Active
Marc HAAN

Director · since 21 avril 2024 · until 20 avril 2030

Active
Tonia HAAN

Director · since 21 avril 2024 · until 20 avril 2030

Active

Ended mandates

Igor MENNES

Chairman of the board of directors · since 21 avril 2018 · until 20 avril 2024

Ended
KANTOOR TORRIMMO

Director · since 21 avril 2018 · until 20 avril 2024 · 0434.401.236

Represented by Jean-Pierre Dejaeghere

Ended
Marc HAAN

Director · since 21 avril 2018 · until 20 avril 2024

Ended
Tonia HAAN

Director · since 21 avril 2018 · until 20 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates25/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2015
    ONTSLAGEN - BENOEMINGEN
    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 2025-392 k €
  2. 2024
    Annual accounts 2024355,9 k €
  3. 2023
    Annual accounts 2023117,6 k €
  4. 2022
    Annual accounts 2022-82 k €
  5. 2021
    Annual accounts 2021620,8 k €
  6. 2020
    Annual accounts 2020512,5 k €
  7. 2019
    Annual accounts 2019-144 k €
  8. 2018
    Annual accounts 2018-395 k €
  9. 2017
    Annual accounts 2017-554,5 k €
  10. 2016
    Annual accounts 2016-595,1 k €
  11. 2015
    Annual accounts 201559,1 k €
  12. 2013
    Annual accounts 2013142,9 k €
  13. 2012
    Annual accounts 201232,1 k €
  14. 2011
    Annual accounts 2011-1,3 M €
  15. 2010
    Annual accounts 2010246,7 k €
  16. 2009
    Annual accounts 2009-541,3 k €
  17. 2008
    Annual accounts 2008-683,2 k €
  18. 22/02/1978
    IncorporationPublic limited company