NORMAL SITUATION

CRIEL

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Financial year 2025 · closed on 31/12/2025

Net result

34 k €

+452.4% YoY

Gross margin

49,6 k €

+154.7% YoY

Equity

415,3 k €

+8.9% YoY

Company — Normal situation.

Strike-off: 26 juin 2026

What does CRIEL do?

CRIEL is a Private company with limited liability incorporated in 1989.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.012.003

Incorporation

30/11/1989

Legal form

Private company with limited liability

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (1)

14901

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	49,6 k €	+155%	19,5 k €	+25.2%	15,6 k €	-27.2%	21,4 k €	-62.1%	56,4 k €	+17.8%	47,9 k €	-27.8%	66,4 k €	-17.1%	80 k €	-29.1%	112,9 k €	-20.2%	141,5 k €	+28.9%	109,8 k €	-16.5%	131,5 k €	+29.5%	101,6 k €	+16.5%	87,1 k €	+15.6%	75,4 k €	-18.3%	92,3 k €	+41.3%	65,3 k €	+46.2%	44,7 k €
EBITDA	46,1 k €	+159%	17,8 k €	+33.7%	13,3 k €	-33.5%	20 k €	-63.6%	54,9 k €	+36.1%	40,4 k €	-35.6%	62,7 k €	+2.5%	61,2 k €	-21.1%	77,6 k €	-24.7%	103 k €	+21.7%	84,6 k €	-14.0%	98,4 k €	+22.9%	80 k €	-3.7%	83,1 k €	+16.4%	71,4 k €	-18.7%	87,8 k €	+49.6%	58,7 k €	+41.5%	41,5 k €
Operating result	44,6 k €	+673%	5,8 k €	+962%	543,1 €	-88.9%	4,9 k €	-86.2%	35,3 k €	+61.4%	21,9 k €	-61.7%	57,1 k €	+16.4%	49,1 k €	-22.9%	63,7 k €	-27.4%	87,7 k €	+24.3%	70,6 k €	-17.0%	85 k €	+40.3%	60,6 k €	-0.5%	60,9 k €	+26.1%	48,3 k €	-25.3%	64,7 k €	+82.5%	35,4 k €	+18.6%	29,9 k €
Net result	34 k €	+452%	6,1 k €	+8077%	-77,1 €	-103%	2,6 k €	-85.4%	18 k €	+23.2%	14,6 k €	-60.2%	36,8 k €	+7.7%	34,1 k €	-1.8%	34,8 k €	-38.2%	56,3 k €	+5.4%	53,4 k €	-18.3%	65,3 k €	+69.6%	38,5 k €	-20.9%	48,7 k €	+21.1%	40,2 k €	-18.5%	49,3 k €	+59.0%	31 k €	+16.9%	26,5 k €
Balance sheet
Equity	415,3 k €	+8.9%	381,3 k €	+1.6%	375,2 k €	-0.4%	376,8 k €	+0.3%	375,8 k €	+8.7%	345,9 k €	-41.2%	588,4 k €	+6.7%	551,7 k €	+6.6%	517,5 k €	+7.2%	482,8 k €	+13.2%	426,5 k €	+6.2%	401,6 k €	+19.4%	336,2 k €	-17.5%	407,7 k €	+13.6%	359 k €	+12.6%	318,8 k €	+18.3%	269,5 k €	+13.0%	238,4 k €
Total assets	444,8 k €	+12.6%	395 k €	+1.2%	390,3 k €	-0.5%	392,4 k €	-16.4%	469,5 k €	+28.5%	365,3 k €	-39.7%	605,8 k €	+6.2%	570,2 k €	+5.5%	540,4 k €	+6.6%	506,7 k €	-2.1%	517,4 k €	+0.3%	516 k €	+1.4%	508,8 k €	+9.6%	464,3 k €	+16.9%	397,2 k €	+5.6%	376,2 k €	+13.8%	330,6 k €	+17.8%	280,6 k €
Cash	57,4 k €	+89.4%	30,3 k €	-90.7%	325,1 k €	-3.6%	337,4 k €	-16.9%	406,2 k €	+43.9%	282,3 k €	-7.4%	304,8 k €	+10.9%	274,8 k €	+47.7%	186 k €	+1.1%	184 k €	+14.1%	161,3 k €	+6.5%	151,4 k €	-41.2%	257,5 k €	-25.2%	344,2 k €	+23.0%	280 k €	+8.6%	257,7 k €	+63.2%	157,9 k €	-14.5%	184,6 k €
Debts	24,5 k €	+79.5%	13,7 k €	-9.0%	15 k €	-3.3%	15,5 k €	-83.4%	93,7 k €	+381%	19,5 k €	+12.2%	17,4 k €	-2.9%	17,9 k €	-19.8%	22,3 k €	+2.9%	21,7 k €	-74.0%	83,3 k €	-24.7%	110,6 k €	-32.3%	163,4 k €	+204%	53,8 k €	+48.1%	36,3 k €	-34.5%	55,5 k €	-8.0%	60,3 k €	+45.3%	41,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Raphael CRIEL

Director · since 30 novembre 1989

Active

Ended mandates

RAF CRIEL

Manager

Ended

Raphael CRIEL

Director

Ended

Raphael CRIEL

Manager

Ended

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	22/03/2026	29/06/2025	13/07/2024	25/06/2023	30/06/2022	05/07/2021
General meeting	16/03/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	23/06/2021
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	16/03/2026	22/03/2026	Dutch	PDF
Micro model	31/12/2024	17/05/2025	29/06/2025	Dutch	PDF
Micro model	31/12/2023	18/05/2024	13/07/2024	Dutch	PDF
Micro model	31/12/2022	20/05/2023	25/06/2023	Dutch	PDF
Micro model	31/12/2021	21/05/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	23/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	16/05/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	30/06/2019	Dutch	PDF
Micro model	31/12/2017	19/05/2018	14/06/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	03/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 1 active · 3 ended

Active mandates

Raphael CRIEL

Director · since 30 novembre 1989

Active

Ended mandates

RAF CRIEL

Manager

Ended

Raphael CRIEL

Director

Ended

Raphael CRIEL

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202534 k €↑
2024
Annual accounts 20246,1 k €↑
2023
Annual accounts 2023-77,1 €↓
2022
Annual accounts 20222,6 k €↓
2021
Annual accounts 202118 k €↑
2018
Annual accounts 201814,6 k €↓
2017
Annual accounts 201736,8 k €↑
2016
Annual accounts 201634,1 k €↓
2015
Annual accounts 201534,8 k €↓
2014
Annual accounts 201456,3 k €↑
2013
Annual accounts 201353,4 k €↓
2012
Annual accounts 201265,3 k €↑
2011
Annual accounts 201138,5 k €↓
2010
Annual accounts 201048,7 k €↑
2009
Annual accounts 200940,2 k €↓
2008
Annual accounts 200849,3 k €↑
2007
Annual accounts 200731 k €↑
2006
Annual accounts 200626,5 k €
30/11/1989
IncorporationPrivate company with limited liability

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

CRIEL

Overview

What does CRIEL do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline