ACTIVE

KREON

Financial year 2025 · closed on 31/12/2025
Net result
-1,7 M €
-4629.0% YoY
Revenue
18,1 M €
-11.0% YoY
Equity
12,1 M €
-12.6% YoY
Workforce
61,5 ETP
-4.1% YoY

What does KREON do?

KREON is a Public limited company incorporated in 1982. Its registered office is in Oudsbergen. It employs on average 61,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.344.235
Incorporation
20/01/1982
Legal form
Public limited company
Registered office
Industrieweg-Noord 1152
3660 Oudsbergen · FlandreSee on map
Contributed capital
15 160 000,00 €
Latest accounts
31/12/2025
Average workforce
61,5 ETP
Joint committees (2)
  • 111
  • 209
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120172016201520142013201220112009200820072006
Income statement
Revenue18,1 M €20,3 M €20,6 M €22,4 M €19,9 M €19 M €21,2 M €21,9 M €21,1 M €21,1 M €20,5 M €20,8 M €15,4 M €14,8 M €14,8 M €12 M €
EBITDA-5 M €-3,3 M €-1,7 M €-573,8 k €-38,8 k €944,8 k €-187,8 k €1,1 M €695,8 k €1,1 M €675,9 k €1,7 M €667,9 k €388,1 k €1,8 M €696,5 k €
Operating result-5,7 M €-4 M €-2,4 M €-914,8 k €-756 k €600,9 k €-516,1 k €546,5 k €512,9 k €743,4 k €409,8 k €1,3 M €247,5 k €88,7 k €1,3 M €378 k €
Net result-1,7 M €38,6 k €-1,5 M €-1,1 M €-913,5 k €216,2 k €-674,4 k €195,4 k €390 k €1,4 M €340,7 k €1,2 M €465,8 €206,4 k €532,9 k €163,7 k €
Balance sheet
Equity12,1 M €13,8 M €13,8 M €7,3 M €8,4 M €12,2 M €12 M €12,6 M €12,4 M €12,1 M €10,7 M €10,3 M €2,1 M €2,1 M €1,9 M €1,3 M €
Total assets38,6 M €33,1 M €35,8 M €28,1 M €26,8 M €24,3 M €23,5 M €19,3 M €16,6 M €15,8 M €14,5 M €13,9 M €11,1 M €12 M €10 M €11,3 M €
Cash153,4 k €155,7 k €242,7 k €286,4 k €401,1 k €160,6 k €214 k €197,1 k €1,7 M €3,7 M €814,7 k €883,9 k €608,8 k €347,2 k €280,3 k €377,3 k €
Debts26,2 M €19,1 M €21,9 M €20,7 M €18,4 M €12 M €11,2 M €6,3 M €3,9 M €3,4 M €3,6 M €3,3 M €8,9 M €9,9 M €8 M €9,9 M €
Other
Workforce61,5 ETP64,1 ETP67,1 ETP66,3 ETP67,9 ETP62,9 ETP55,9 ETP52,0 ETP51,0 ETP49,0 ETP49,9 ETP44,8 ETP41,9 ETP45,9 ETP36,7 ETP34,6 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 · 7 active · 26 ended

Active mandates

Rick Caris

Bestuurder · since 04 mai 2026 · until 04 mai 2031

Active
Christian Von Sassen

Bestuurder · since 05 janvier 2026 · until 05 janvier 2031

Active
AMJ BEHEER

Gedelegeerd bestuurder · since 13 mai 2025 · until 13 mai 2028 · 0881.355.856

Represented by Andre Bomans

Active
Kristof Pycke

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Kurt Brouwers

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Werner Van Rethy

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Splendid

Gedelegeerd bestuurder · since 11 juin 2024 · until 11 juin 2030 · 0404.107.245

Represented by Ben Vaessen

Active

Ended mandates

AMJ BEHEER

Gedelegeerd bestuurder · since 17 janvier 2022 · until 13 mai 2025 · 0881.355.856

Represented by Andre Bomans

Ended
AMJ Beheer BVBA

Gedelegeerd bestuurder · since 17 janvier 2022 · until 13 mai 2025

Represented by Andre Bomans

Ended
Kristof Pycke

Bestuurder · since 01 avril 2020 · until 13 mai 2025

Ended
Kristof Pycke

Director · since 01 avril 2020 · until 13 mai 2025

Ended
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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 date07/07/202619/06/202508/07/202411/07/202312/07/202220/07/2021
General meeting29/06/202610/06/202525/06/202413/06/202330/06/202228/06/2021
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 model31/12/202529/06/202607/07/2026DutchPDF
Full model31/12/202410/06/202519/06/2025DutchPDF
Full model31/12/202325/06/202408/07/2024DutchPDF
Full model31/12/202213/06/202311/07/2023DutchPDF
Full model31/12/202130/06/202212/07/2022DutchPDF
Full model31/12/202028/06/202120/07/2021DutchPDF
Full model31/12/201926/06/202008/07/2020DutchPDF
Full model31/12/201828/06/201916/07/2019DutchPDF
Full model31/12/201708/06/201822/06/2018DutchPDF
Full model31/12/201609/06/201716/06/2017DutchPDF
Full model31/12/201510/06/201615/06/2016DutchPDF
Full model31/12/201412/05/201512/06/2015DutchPDF
Full model31/12/201313/05/201411/06/2014DutchPDF
Full model31/12/201214/05/201305/06/2013DutchPDF
Full model31/12/201108/05/201227/06/2012DutchPDF
Full model31/12/201010/05/201118/08/2011DutchPDF
Full model31/12/200911/05/201008/06/2010DutchPDF
Full model31/12/200812/05/200909/06/2009DutchPDF
Full model31/12/200713/05/200811/06/2008DutchPDF
Full model31/12/200608/05/200726/06/2007DutchPDF
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 · 7 active · 26 ended

Active mandates

Rick Caris

Bestuurder · since 04 mai 2026 · until 04 mai 2031

Active
Christian Von Sassen

Bestuurder · since 05 janvier 2026 · until 05 janvier 2031

Active
AMJ BEHEER

Gedelegeerd bestuurder · since 13 mai 2025 · until 13 mai 2028 · 0881.355.856

Represented by Andre Bomans

Active
Kristof Pycke

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Kurt Brouwers

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Werner Van Rethy

Bestuurder · since 13 mai 2025 · until 13 mai 2030

Active
Splendid

Gedelegeerd bestuurder · since 11 juin 2024 · until 11 juin 2030 · 0404.107.245

Represented by Ben Vaessen

Active

Ended mandates

AMJ BEHEER

Gedelegeerd bestuurder · since 17 janvier 2022 · until 13 mai 2025 · 0881.355.856

Represented by Andre Bomans

Ended
AMJ Beheer BVBA

Gedelegeerd bestuurder · since 17 janvier 2022 · until 13 mai 2025

Represented by Andre Bomans

Ended
Kristof Pycke

Bestuurder · since 01 avril 2020 · until 13 mai 2025

Ended
Kristof Pycke

Director · since 01 avril 2020 · until 13 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/01/2024
    KAPITAAL - AANDELEN
    PDF
  • Other15/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates07/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2018
    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 2025-1,7 M €
  2. 2024
    Annual accounts 202438,6 k €
  3. 2023
    Annual accounts 2023-1,5 M €
  4. 2022
    Annual accounts 2022-1,1 M €
  5. 2021
    Annual accounts 2021-913,5 k €
  6. 2017
    Annual accounts 2017216,2 k €
  7. 2016
    Annual accounts 2016-674,4 k €
  8. 2015
    Annual accounts 2015195,4 k €
  9. 2014
    Annual accounts 2014390 k €
  10. 2013
    Annual accounts 20131,4 M €
  11. 2012
    Annual accounts 2012340,7 k €
  12. 2011
    Annual accounts 20111,2 M €
  13. 2009
    Annual accounts 2009465,8 €
  14. 2008
    Annual accounts 2008206,4 k €
  15. 2007
    Annual accounts 2007532,9 k €
  16. 2006
    Annual accounts 2006163,7 k €
  17. 20/01/1982
    IncorporationPublic limited company