ACTIVE

CREDEBEL

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Financial year 2025 · closed on 30/12/2025

Net result

168,8 k €

+67.7% YoY

Gross margin

1,4 M €

-9.6% YoY

Equity

805,8 k €

-0.2% YoY

What does CREDEBEL do?

CREDEBEL is a Private limited company incorporated in 1993. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.272.128

Incorporation

22/01/1993

Legal form

Private limited company

Registered office

Jakob van Ooststraat 8 box 0.2
8000 Brugge · FlandreSee on map

Contributed capital

350 000,00 €

Latest accounts

30/12/2025

Joint committees (1)

Contacts

4 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	1,4 M €	-9.6%	1,5 M €	-4.5%	1,6 M €	+8.2%	1,5 M €	+27.7%	1,2 M €	+218%	364,2 k €	-67.7%	1,1 M €	+10.2%	1 M €	+4.0%	984,3 k €	+19.6%	822,8 k €	-21.1%	1 M €	+3.3%	1 M €	+40.5%	718,5 k €	-7.6%	777,6 k €	-7.3%	838,5 k €	-5.2%	884,6 k €	+29.3%	684,3 k €	-3.0%	705,6 k €	+5.9%	666,3 k €	+5.3%	632,9 k €
EBITDA	191,3 k €	-25.7%	257,4 k €	-35.7%	400,5 k €	-24.8%	532,4 k €	+12.6%	473 k €	+516%	-113,6 k €	-137%	303,1 k €	+19.8%	253,1 k €	+13.2%	223,6 k €	+129%	97,7 k €	-73.9%	374,6 k €	-10.5%	418,3 k €	+194%	142,4 k €	-17.7%	172,9 k €	-28.1%	240,3 k €	-15.9%	285,6 k €	+36.0%	210 k €	-8.1%	228,6 k €	-7.3%	246,5 k €	+3.8%	237,6 k €
Operating result	188,6 k €	+18.5%	159,2 k €	-50.9%	324,4 k €	-30.5%	466,8 k €	+17.4%	397,7 k €	+296%	-203,2 k €	-214%	178,1 k €	+41.1%	126,2 k €	+249%	-84,4 k €	+64.6%	-238,5 k €	-659%	42,7 k €	-65.1%	122,3 k €	+160%	-204,6 k €	-726%	32,7 k €	-46.3%	60,9 k €	-18.0%	74,2 k €	+230%	-57,1 k €	-298%	28,8 k €	-75.8%	118,9 k €	+16.5%	102 k €
Net result	168,8 k €	+67.7%	100,7 k €	-49.7%	200 k €	-50.7%	405,2 k €	+18.0%	343,5 k €	+289%	-182,2 k €	-230%	140,1 k €	+1066%	12 k €	+109%	-127,6 k €	+55.3%	-285,6 k €	-3629%	-7,7 k €	-114%	55,2 k €	+120%	-275,6 k €	-63585%	434 €	-98.5%	28,9 k €	+77.8%	16,2 k €	+110%	-158,4 k €	-395%	-32 k €	-136%	88,7 k €	+30.0%	68,2 k €
Balance sheet
Equity	805,8 k €	-0.2%	807 k €	+14.2%	706,4 k €	+39.5%	506,4 k €	+401%	101,2 k €	+146%	-218,5 k €	-503%	-36,3 k €	+79.4%	-176,4 k €	+6.4%	-188,4 k €	-210%	-60,8 k €	-127%	224,8 k €	-3.3%	232,5 k €	+31.1%	177,3 k €	-60.8%	452,9 k €	+124%	202,4 k €	+16.6%	173,6 k €	+10.3%	157,3 k €	-50.2%	315,7 k €	-9.2%	347,7 k €	+27.9%	271,9 k €
Total assets	9,4 M €	+687%	1,2 M €	-25.2%	1,6 M €	+5.7%	1,5 M €	+29.4%	1,2 M €	+3.8%	1,1 M €	-13.6%	1,3 M €	-9.7%	1,4 M €	-8.2%	1,6 M €	-18.7%	1,9 M €	-7.8%	2,1 M €	-4.3%	2,2 M €	-9.0%	2,4 M €	+47.3%	1,6 M €	+2.7%	1,6 M €	-2.4%	1,6 M €	-8.3%	1,8 M €	-1.1%	1,8 M €	+62.4%	1,1 M €	-0.3%	1,1 M €
Cash	50,2 k €	-51.6%	103,7 k €	-77.4%	459,1 k €	+0.1%	458,8 k €	+136%	194,8 k €	+358%	42,5 k €	-73.0%	157,4 k €	+88.2%	83,7 k €	+112%	39,5 k €	-51.5%	81,5 k €	-18.6%	100,2 k €	+26.9%	78,9 k €	+73.9%	45,4 k €	-65.0%	129,6 k €	+48.0%	87,6 k €	+210%	28,3 k €	+62.6%	17,4 k €	-67.2%	53 k €	-74.5%	207,6 k €	+51.1%	137,4 k €
Debts	1,5 M €	+440%	281,9 k €	-68.1%	884,6 k €	-11.1%	994,8 k €	-6.2%	1,1 M €	-20.9%	1,3 M €	+0.4%	1,3 M €	-17.3%	1,6 M €	-8.0%	1,8 M €	-11.3%	2 M €	+7.0%	1,9 M €	-5.2%	2 M €	-12.2%	2,2 M €	+88.9%	1,2 M €	-15.0%	1,4 M €	-4.6%	1,5 M €	-10.1%	1,6 M €	+9.5%	1,5 M €	+95.1%	756,5 k €	-8.9%	830,2 k €
Other
Workforce	–		20,7 ETP	-7.6%	22,4 ETP	+20.4%	18,6 ETP	+14.1%	16,3 ETP	-7.4%	17,6 ETP	+1.1%	17,4 ETP	+11.5%	15,6 ETP	-2.5%	16,0 ETP	+11.9%	14,3 ETP	-2.1%	14,6 ETP	+15.9%	12,6 ETP	-2.3%	12,9 ETP	-5.8%	13,7 ETP	-1.4%	13,9 ETP	-7.9%	15,1 ETP	+9.4%	13,8 ETP	+11.3%	12,4 ETP	+9.7%	11,3 ETP	-0.9%	11,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 2 active · 8 ended

Active mandates

Alisa Rekhova

Director

Active

NextGen Group

Director · 0785.962.789

Represented by Alisa Rekhova

Active

Ended mandates

NextGen Group

Bestuurder · since 31 janvier 2025 · 0785.962.789

Represented by Alisa Rekhova

Ended

Isabelle Declercq

Bestuurder · since 17 février 1993

Ended

Johan Creytens

Bestuurder · since 17 février 1993

Ended

Isabelle Declercq

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Annex● Active	1009.191.958
BCS Brugge● Active	1009.191.760
Five Stars● Active	1019.253.729
Groep Héritage● Active	1031.785.931
Hotel Héritage● Active	1009.191.562
JoMarInvest● Active	0754.455.211
NextGen Group● Active	0785.962.789
Y-CONSULT● Active	0459.748.722

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	20/08/2026	31/07/2025	31/08/2024	31/07/2023	01/08/2022	30/07/2021
General meeting	30/06/2026	28/07/2025	06/05/2024	09/06/2023	02/05/2022	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	30/12/2025	30/06/2026	20/08/2026	Dutch	PDF
Abridged model	30/12/2024	28/07/2025	31/07/2025	Dutch	PDF
Abridged model	30/12/2023	06/05/2024	31/08/2024	Dutch	PDF
Abridged model	30/12/2022	09/06/2023	31/07/2023	Dutch	PDF
Abridged model	30/12/2021	02/05/2022	01/08/2022	Dutch	PDF
Abridged model	30/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	30/12/2019	20/12/2020	26/02/2021	Dutch	PDF
Abridged model	30/12/2018	06/05/2019	29/10/2019	Dutch	PDF
Abridged model	30/12/2017	18/05/2018	23/08/2018	Dutch	PDF
Abridged model	30/12/2016	26/10/2017	27/10/2017	Dutch	PDF
Abridged model	30/12/2015	17/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/12/2014	30/05/2015	19/06/2015	Dutch	PDF
Abridged model	30/12/2013	31/05/2014	08/10/2014	Dutch	PDF
Abridged model	30/12/2012	25/05/2013	31/07/2013	Dutch	PDF
Abridged model	30/12/2011	26/05/2012	02/07/2012	Dutch	PDF
Abridged model	30/12/2010	28/05/2011	05/06/2012	Dutch	PDF
Abridged model	30/12/2009	29/05/2010	16/09/2010	Dutch	PDF
Abridged model	30/12/2008	30/05/2009	08/07/2009	Dutch	PDF
Abridged model	30/12/2007	24/05/2008	29/09/2008	Dutch	PDF
Abridged model	30/12/2006	24/05/2007	01/04/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 30/12/2025 · 2 active · 8 ended

Active mandates

Alisa Rekhova

Director

Active

NextGen Group

Director · 0785.962.789

Represented by Alisa Rekhova

Active

Ended mandates

NextGen Group

Bestuurder · since 31 janvier 2025 · 0785.962.789

Represented by Alisa Rekhova

Ended

Isabelle Declercq

Bestuurder · since 17 février 1993

Ended

Johan Creytens

Bestuurder · since 17 février 1993

Ended

Isabelle Declercq

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/02/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other07/12/2012
ALGEMENE VERGADERING
PDF
Capital / shares05/05/2008
kapitaalverhoging
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 2025168,8 k €↑
2024
Annual accounts 2024100,7 k €↓
2023
Annual accounts 2023200 k €↓
2022
Annual accounts 2022405,2 k €↑
2021
Annual accounts 2021343,5 k €↑
2020
Annual accounts 2020-182,2 k €↓
2019
Annual accounts 2019140,1 k €↑
2018
Annual accounts 201812 k €↑
2017
Annual accounts 2017-127,6 k €↑
2016
Annual accounts 2016-285,6 k €↓
2015
Annual accounts 2015-7,7 k €↓
2014
Annual accounts 201455,2 k €↑
2013
Annual accounts 2013-275,6 k €↓
2012
Annual accounts 2012434 €↓
2011
Annual accounts 201128,9 k €↑
2010
Annual accounts 201016,2 k €↑
2009
Annual accounts 2009-158,4 k €↓
2008
Annual accounts 2008-32 k €↓
2007
Annual accounts 200788,7 k €↑
2006
Annual accounts 200668,2 k €
22/01/1993
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

CREDEBEL

Overview

What does CREDEBEL 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