ACTIVE

CREDEC

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Financial year 2025 · closed on 31/12/2025

Net result

59,2 k €

+42.4% YoY

Gross margin

89,5 k €

+35.1% YoY

Equity

445,6 k €

+15.3% YoY

What does CREDEC do?

CREDEC is a Private limited company incorporated in 1985. Its registered office is in Zottegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.387.740

Incorporation

30/05/1985

Legal form

Private limited company

Registered office

Pardassenhoek 36 box a
9620 Zottegem · FlandreSee on map

Contributed capital

49 578,70 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	89,5 k €	+35.1%	66,3 k €	-23.2%	86,2 k €	+38.9%	62,1 k €	-16.9%	74,8 k €	-22.6%	96,5 k €	-2.0%	98,5 k €	+25.2%	78,7 k €	+6.1%	74,2 k €	-1.8%	75,5 k €	-0.1%	75,5 k €	-0.3%	75,8 k €	+2.2%	74,1 k €	-1.8%	75,5 k €	+15.5%	65,4 k €	+21.0%	54,1 k €	+1.1%	53,5 k €	+32.5%	40,4 k €	-11.0%	45,3 k €	-6.9%	48,7 k €
EBITDA	79,1 k €	+41.2%	56 k €	-26.9%	76,6 k €	+44.1%	53,2 k €	-19.5%	66,1 k €	-24.9%	88 k €	-4.1%	91,8 k €	+27.3%	72,1 k €	+6.4%	67,7 k €	-2.0%	69,1 k €	-0.1%	69,2 k €	-0.3%	69,4 k €	+1.9%	68,1 k €	-2.2%	69,7 k €	+16.6%	59,8 k €	+23.1%	48,5 k €	+1.2%	48 k €	+36.7%	35,1 k €	-12.6%	40,1 k €	-7.9%	43,6 k €
Operating result	78,5 k €	+40.3%	56 k €	-26.9%	76,6 k €	+44.1%	53,2 k €	-19.5%	66,1 k €	-24.9%	88 k €	-4.1%	91,8 k €	+27.3%	72,1 k €	+6.4%	67,7 k €	-2.0%	69,1 k €	+0.4%	68,9 k €	-0.3%	69,1 k €	+1.9%	67,8 k €	-2.3%	69,4 k €	+16.7%	59,4 k €	+23.3%	48,2 k €	+1.2%	47,6 k €	+37.1%	34,7 k €	-12.7%	39,8 k €	-8.0%	43,2 k €
Net result	59,2 k €	+42.4%	41,5 k €	-26.0%	56,1 k €	+41.5%	39,7 k €	-19.3%	49,2 k €	-25.2%	65,7 k €	+1.5%	64,8 k €	+28.0%	50,6 k €	+18.6%	42,7 k €	-13.2%	49,2 k €	-14.2%	57,3 k €	+2.6%	55,8 k €	+7.4%	52 k €	+1.7%	51,1 k €	+21.2%	42,2 k €	+22.3%	34,5 k €	+1.7%	33,9 k €	+39.8%	24,2 k €	-7.7%	26,3 k €	-4.1%	27,4 k €
Balance sheet
Equity	445,6 k €	+15.3%	386,5 k €	+12.0%	344,9 k €	+19.4%	288,8 k €	+15.9%	249,1 k €	+24.6%	200 k €	-48.0%	384,2 k €	+20.3%	319,5 k €	+18.8%	268,9 k €	+18.9%	226,2 k €	+27.8%	177,1 k €	-57.8%	419,8 k €	+15.3%	364 k €	+16.7%	312 k €	+19.6%	260,9 k €	+19.3%	218,7 k €	+18.7%	184,3 k €	+2.2%	180,4 k €	+15.5%	156,1 k €	+20.2%	129,9 k €
Total assets	446,3 k €	+15.1%	387,7 k €	+12.1%	345,7 k €	-36.0%	540 k €	+7.6%	502 k €	+9.4%	459 k €	+17.3%	391,2 k €	+21.9%	321 k €	+18.3%	271,4 k €	+2.0%	266,2 k €	-44.8%	482,1 k €	+8.3%	445,3 k €	+15.4%	386 k €	+9.7%	352 k €	+26.4%	278,4 k €	+19.2%	233,6 k €	-0.3%	234,4 k €	+8.7%	215,6 k €	-4.2%	225,1 k €	+3.2%	218,1 k €
Cash	148 k €	+74.3%	84,9 k €	+101%	42,1 k €	-80.2%	212,9 k €	+17.9%	180,6 k €	+30.8%	138 k €	-32.8%	205,3 k €	+52.0%	135,1 k €	+58.0%	85,5 k €	+87.1%	45,7 k €	+115%	21,3 k €	-7.0%	22,9 k €	-47.2%	43,3 k €	-49.2%	85,2 k €	+444%	15,7 k €	-65.9%	46 k €	-0.8%	46,4 k €	+79.2%	25,9 k €	-25.2%	34,6 k €	+21.2%	28,5 k €
Debts	698,3 €	-40.5%	1,2 k €	+51.8%	773,4 €	-99.7%	251,2 k €	-0.7%	252,9 k €	-2.3%	259 k €	+3600%	7 k €	+367%	1,5 k €	-40.0%	2,5 k €	-93.7%	40 k €	-86.9%	305 k €	+1096%	25,5 k €	+15.9%	22 k €	-45.0%	40 k €	+129%	17,5 k €	+20.6%	14,5 k €	-71.0%	50,1 k €	+42.2%	35,2 k €	-48.9%	69 k €	-21.8%	88,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Guy DE LANGE

Administrator - manager · since 31 janvier 2021

Active

Petra SIERENS

Administrator - manager · since 31 janvier 2021

Active

Ended mandates

SIEDEL

Manager · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Manager · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Director · since 26 mai 2011 · until 31 janvier 2021 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Director · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

At this address

Other companies at this address

Company	CBE no.
SIEDEL● Active	0464.907.142

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	27/08/2025	26/09/2024	25/08/2023	01/09/2022	24/09/2021
General meeting	30/06/2026	20/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	26/09/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	25/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	01/09/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	24/09/2021	Dutch	PDF
Micro model	31/12/2019	12/09/2020	31/10/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	03/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	25/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	10/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 12 ended

Active mandates

Guy DE LANGE

Administrator - manager · since 31 janvier 2021

Active

Petra SIERENS

Administrator - manager · since 31 janvier 2021

Active

Ended mandates

SIEDEL

Manager · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Manager · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Director · since 26 mai 2011 · until 31 janvier 2021 · 0464.907.142

Represented by Guy De Lange

Ended

SIEDEL

Director · since 26 mai 2011 · 0464.907.142

Represented by Guy De Lange

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/11/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates21/06/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/05/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202559,2 k €↑
2024
Annual accounts 202441,5 k €↓
2023
Annual accounts 202356,1 k €↑
2022
Annual accounts 202239,7 k €↓
2021
Annual accounts 202149,2 k €↓
2020
Annual accounts 202065,7 k €↑
2019
Annual accounts 201964,8 k €↑
2018
Annual accounts 201850,6 k €↑
2017
Annual accounts 201742,7 k €↓
2016
Annual accounts 201649,2 k €↓
2015
Annual accounts 201557,3 k €↑
2014
Annual accounts 201455,8 k €↑
2013
Annual accounts 201352 k €↑
2012
Annual accounts 201251,1 k €↑
2011
Annual accounts 201142,2 k €↑
2010
Annual accounts 201034,5 k €↑
2009
Annual accounts 200933,9 k €↑
2008
Annual accounts 200824,2 k €↓
2007
Annual accounts 200726,3 k €↓
2006
Annual accounts 200627,4 k €
30/05/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CREDEC

Overview

What does CREDEC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline