ACTIVE

CRELEM BAKERIES

Financial year 2025 · closed on 30/09/2025
Net result
686,7 k €
-66.9% YoY
Revenue
90,7 M €
+2.8% YoY
Equity
13,7 M €
+0.6% YoY
Workforce
394,0 ETP
+11.4% YoY

What does CRELEM BAKERIES do?

CRELEM BAKERIES is a Public limited company incorporated in 1993. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Dilsen-Stokkem. It employs on average 394,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.360.596
Incorporation
16/11/1993
Legal form
Public limited company
Registered office
Kempenstraat 13
3650 Dilsen-Stokkem · FlandreSee on map
Contributed capital
2 099 200,00 €
Latest accounts
30/09/2025
Average workforce
394,0 ETP
Joint committees (4)
  • 118
  • 119
  • 201
  • 220
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue90,7 M €88,2 M €85,8 M €74,5 M €65,9 M €58,2 M €47,4 M €41,5 M €36,7 M €19,6 M €1,6 M €2,8 M €3,1 M €3,2 M €3,2 M €3,3 M €3,4 M €
EBITDA7 M €8,2 M €8,3 M €5,5 M €4,7 M €3,2 M €3,1 M €3,4 M €4 M €870,3 k €-4 k €-12,9 k €-42,6 k €-50,1 k €-3,5 k €14,3 k €6,3 k €-69,6 k €84,8 k €
Operating result1,6 M €3,4 M €3,8 M €1,1 M €585,8 k €-346,7 k €1 M €2,1 M €3,1 M €427 k €-4,7 k €-12 k €-43,2 k €-112,6 k €-68,1 k €-61,9 k €-93,1 k €-97 k €51,8 k €
Net result686,7 k €2,1 M €3,1 M €906,6 k €373,3 k €-538,3 k €956 k €2,1 M €3,1 M €296,3 k €2,6 k €-4,8 k €100,5 k €-106,5 k €-52,1 k €-35,7 k €-14,2 k €9 k €82,7 k €
Balance sheet
Equity13,7 M €13,6 M €12,5 M €9,4 M €8,5 M €8,1 M €8,6 M €7,7 M €5,6 M €2,6 M €257,5 k €255 k €259,8 k €159,2 k €265,8 k €317,9 k €353,6 k €367,8 k €358,7 k €
Total assets47,8 M €43,5 M €37,7 M €34,6 M €35,6 M €34,7 M €23,9 M €24,1 M €18,2 M €13 M €261,6 k €259,4 k €293,3 k €642,9 k €853,3 k €967,3 k €1 M €1,2 M €868,9 k €
Cash9,1 M €7,1 M €4,3 M €1,8 M €6,6 M €4,1 M €2,4 M €3,6 M €3,2 M €807,9 k €13,8 k €14,5 k €87,5 k €152,3 k €96,9 k €169,1 k €464,8 k €49,2 k €
Debts33,9 M €29,8 M €24,9 M €25,2 M €26,9 M €26,4 M €15,2 M €16,3 M €12,5 M €10 M €4,1 k €4,4 k €33,5 k €483,7 k €539,6 k €622 k €669,6 k €793,8 k €510,1 k €
Other
Workforce394,0 ETP353,8 ETP348,9 ETP355,9 ETP340,0 ETP316,0 ETP256,5 ETP233,9 ETP196,3 ETP134,1 ETP5,1 ETP11,4 ETP13,0 ETP12,6 ETP12,9 ETP11,4 ETP11,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 6 active · 37 ended

Active mandates

CRESCENOS

Managing director · since 24 septembre 2025 · until 24 septembre 2031 · 0812.719.151

Represented by Souleika Cretskens

Active
ORKARI

Director · since 24 septembre 2025 · until 24 septembre 2031 · 0463.950.505

Represented by Raymond Cretskens

Active
Finvision Bedrijfsrevisoren

Auditor · since 05 septembre 2025 · until 17 mars 2028 · 0849.882.722

Represented by Jurgen Jackers A02095

Active
Cresso

Managing director · since 17 septembre 2024 · until 24 septembre 2025 · 1013.694.540

Represented by Souleika Cretskens

Active
CRESCENOS

Director · since 23 février 2024 · until 24 septembre 2025 · 0812.719.151

Represented by Jerica Cretskens

Active
ORKARI

Managing director · since 18 mars 2022 · until 24 septembre 2025 · 0463.950.505

Represented by Raymond Cretskens

Active

Ended mandates

Cresso

Managing director · since 17 septembre 2024 · until 17 mars 2030 · 1013.694.540

Ended
CRESCENOS

Director · since 23 février 2024 · until 15 mars 2030 · 0812.719.151

Represented by Jerica Cretskens

Ended
CRESCENOS

Managing director · since 23 février 2024 · until 17 mars 2028 · 0812.719.151

Represented by Jerica Cretskens

Ended
CRESCENOS

Managing director · since 18 mars 2022 · until 23 février 2024 · 0812.719.151

Represented by Susanna Lemmens

Ended
At this address

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CRESCEHOESActive
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CRESCELANActive
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CrescelorActive
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CrescemaasActive
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CrescemenActive
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CRESCENOSActive
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CressoActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/04/202611/04/202509/04/202404/04/202313/04/202228/04/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202206/04/2021
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 model30/09/202520/03/202608/04/2026DutchPDF
Full model30/09/202421/03/202511/04/2025DutchPDF
Full model30/09/202315/03/202409/04/2024DutchPDF
Full model30/09/202217/03/202304/04/2023DutchPDF
Full model30/09/202118/03/202213/04/2022DutchPDF
Full model30/09/202006/04/202128/04/2021DutchPDF
Full model30/09/201910/04/202030/04/2020DutchPDF
Full model30/09/201829/03/201919/04/2019DutchPDF
Full model30/09/201730/03/201812/04/2018DutchPDF
Full model30/09/201630/03/201726/04/2017DutchPDF
Full model30/09/201518/03/201623/03/2016DutchPDF
Full model30/09/201420/03/201524/03/2015DutchPDF
Full model30/09/201310/02/201412/02/2014DutchPDF
Full model30/09/201229/03/201326/04/2013DutchPDF
Full model30/09/201116/03/201217/04/2012DutchPDF
Full model30/09/201030/03/201131/03/2011DutchPDF
Full model30/09/200930/03/201030/03/2010DutchPDF
Full model30/09/200830/03/200931/03/2009DutchPDF
Full model30/09/200721/03/200803/04/2008DutchPDF
Full model30/09/200616/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/09/2025 · 6 active · 37 ended

Active mandates

CRESCENOS

Managing director · since 24 septembre 2025 · until 24 septembre 2031 · 0812.719.151

Represented by Souleika Cretskens

Active
ORKARI

Director · since 24 septembre 2025 · until 24 septembre 2031 · 0463.950.505

Represented by Raymond Cretskens

Active
Finvision Bedrijfsrevisoren

Auditor · since 05 septembre 2025 · until 17 mars 2028 · 0849.882.722

Represented by Jurgen Jackers A02095

Active
Cresso

Managing director · since 17 septembre 2024 · until 24 septembre 2025 · 1013.694.540

Represented by Souleika Cretskens

Active
CRESCENOS

Director · since 23 février 2024 · until 24 septembre 2025 · 0812.719.151

Represented by Jerica Cretskens

Active
ORKARI

Managing director · since 18 mars 2022 · until 24 septembre 2025 · 0463.950.505

Represented by Raymond Cretskens

Active

Ended mandates

Cresso

Managing director · since 17 septembre 2024 · until 17 mars 2030 · 1013.694.540

Ended
CRESCENOS

Director · since 23 février 2024 · until 15 mars 2030 · 0812.719.151

Represented by Jerica Cretskens

Ended
CRESCENOS

Managing director · since 23 février 2024 · until 17 mars 2028 · 0812.719.151

Represented by Jerica Cretskens

Ended
CRESCENOS

Managing director · since 18 mars 2022 · until 23 février 2024 · 0812.719.151

Represented by Susanna Lemmens

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/09/2025
    DIVERSEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/01/2020
    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 2025686,7 k €
  2. 2024
    Annual accounts 20242,1 M €
  3. 2023
    Annual accounts 20233,1 M €
  4. 2022
    Annual accounts 2022906,6 k €
  5. 2021
    Annual accounts 2021373,3 k €
  6. 2020
    Annual accounts 2020-538,3 k €
  7. 2019
    Annual accounts 2019956 k €
  8. 2018
    Annual accounts 20182,1 M €
  9. 2017
    Annual accounts 20173,1 M €
  10. 2016
    Annual accounts 2016296,3 k €
  11. 2015
    Annual accounts 20152,6 k €
  12. 2014
    Annual accounts 2014-4,8 k €
  13. 2013
    Annual accounts 2013100,5 k €
  14. 2012
    Annual accounts 2012-106,5 k €
  15. 2011
    Annual accounts 2011-52,1 k €
  16. 2010
    Annual accounts 2010-35,7 k €
  17. 2009
    Annual accounts 2009-14,2 k €
  18. 2008
    Annual accounts 20089 k €
  19. 2007
    Annual accounts 200782,7 k €
  20. 16/11/1993
    IncorporationPublic limited company