ACTIVE

CREDAL PLUS

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Financial year 2025 · closed on 31/12/2025

Net result

15,5 k €

+118.1% YoY

Revenue

559 k €

+26.6% YoY

Equity

290,3 k €

+5.6% YoY

Workforce

12,8 ETP

-7.2% YoY

What does CREDAL PLUS do?

CREDAL PLUS is a Non-profit organization incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 12,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.212.072

Incorporation

12/10/1995

Legal form

Non-profit organization

Registered office

Avenue de Cîteaux 114
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

12,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

329
32902

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	559 k €	+26.6%	441,6 k €	+27.8%	345,7 k €	-5.6%	366,1 k €	-19.3%	453,4 k €	+75.5%	258,3 k €	-30.7%	372,5 k €	+4.4%	356,6 k €	+75.7%	203 k €	-17.8%	247 k €	-2.5%	253,4 k €	+3.7%	244,4 k €	-0.1%	244,6 k €	+2574%	9,2 k €	-70.8%	31,3 k €	-26.6%	42,7 k €	-15.5%	50,5 k €	+0.6%	50,2 k €	-79.9%	249,9 k €
EBITDA	14,9 k €	+118%	-84,8 k €	-8.1%	-78,4 k €	-148%	-31,7 k €	-179%	40 k €	+40.6%	28,4 k €	+2044%	1,3 k €	-98.4%	82 k €	+324%	-36,6 k €	-135%	103,9 k €	+37.7%	75,4 k €	-55.0%	167,4 k €	+57.6%	106,2 k €	+294%	27 k €	-7.8%	29,2 k €	-73.1%	108,6 k €	+161%	-176,8 k €	-523%	41,8 k €	-67.2%	127,5 k €
Operating result	14,9 k €	+118%	-84,8 k €	-7.8%	-78,7 k €	-146%	-32 k €	-182%	39,1 k €	+45.5%	26,9 k €	+10812%	-251 €	-100%	79,4 k €	+305%	-38,7 k €	-139%	99,9 k €	+52.2%	65,6 k €	-57.1%	152,8 k €	+73.5%	88,1 k €	+1535%	5,4 k €	+11.8%	4,8 k €	-94.1%	81,5 k €	+142%	-196,3 k €	-1382%	15,3 k €	-86.5%	113 k €
Net result	15,5 k €	+118%	-85,4 k €	-8.1%	-79 k €	-145%	-32,3 k €	-183%	38,9 k €	+45.9%	26,6 k €	+1729%	-1,6 k €	-102%	78,2 k €	+270%	-46,1 k €	-159%	78,2 k €	+24.0%	63,1 k €	-59.2%	154,7 k €	+103%	76,1 k €	+333%	17,6 k €	-68.8%	56,3 k €	-33.7%	85 k €	+127%	-319 k €	-144%	-130,7 k €	-217%	112,1 k €
Balance sheet
Equity	290,3 k €	+5.6%	274,8 k €	-23.7%	360,2 k €	-18.0%	439,2 k €	-6.8%	471,5 k €	+9.0%	432,6 k €	+6.6%	406 k €	-0.4%	407,6 k €	+23.7%	329,4 k €	-12.3%	375,4 k €	+26.3%	297,2 k €	+27.0%	234,1 k €	+195%	79,4 k €	+2282%	3,3 k €	+136%	-9,2 k €	+84.8%	-60,5 k €	+56.9%	-140,5 k €	-186%	163,5 k €	-44.5%	294,8 k €
Total assets	778,4 k €	-11.9%	883,1 k €	-1.3%	895,1 k €	-9.8%	992,1 k €	+5.3%	942 k €	+16.4%	809,5 k €	-2.3%	828,1 k €	-11.8%	939 k €	-9.8%	1 M €	-0.6%	1 M €	+15.2%	909,3 k €	+34.8%	674,4 k €	+5.6%	638,7 k €	-1.1%	645,5 k €	-15.6%	765 k €	+1.7%	752,5 k €	-0.0%	752,8 k €	-22.8%	975,7 k €	-2.4%	999,3 k €
Cash	95,6 k €	+54.3%	62 k €	+90.0%	32,6 k €	-90.8%	354 k €	+12.6%	314,3 k €	+40.0%	224,5 k €	+6.8%	210,2 k €	-38.7%	342,9 k €	-37.3%	547 k €	-4.4%	572 k €	+4.5%	547,4 k €	+180%	195,3 k €	+25.6%	155,5 k €	+37.1%	113,5 k €	-55.8%	257 k €	+19.8%	214,4 k €	-3.7%	222,6 k €	+23.1%	180,8 k €	-52.4%	380,3 k €
Debts	485,9 k €	-17.8%	590,9 k €	+10.5%	534,9 k €	-3.3%	552,9 k €	+17.5%	470,6 k €	+27.0%	370,4 k €	-6.5%	396,1 k €	-18.8%	487,6 k €	-25.1%	651,1 k €	+23.5%	527 k €	+22.3%	430,8 k €	+3.8%	415,1 k €	-17.2%	501,4 k €	-0.4%	503,2 k €	-16.1%	599,9 k €	+22.4%	490,2 k €	-19.8%	611 k €	+20.0%	509,2 k €	-16.9%	612,7 k €
Other
Workforce	12,8 ETP	-7.2%	13,8 ETP	+0.7%	13,7 ETP	-2.1%	14,0 ETP	-5.4%	14,8 ETP	+21.3%	12,2 ETP	-4.7%	12,8 ETP	-3.0%	13,2 ETP	-1.5%	13,4 ETP	0.0%	13,4 ETP	+17.5%	11,4 ETP	-10.2%	12,7 ETP	-13.6%	14,7 ETP	+23.5%	11,9 ETP	+6.3%	11,2 ETP	+3.7%	10,8 ETP	+0.9%	10,7 ETP	+11.5%	9,6 ETP	+41.2%	6,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 82 ended

Active mandates

Olivier Gevart

Chairman of the board of directors · since 26 juin 2025 · until 26 juin 2029

Active

Sophie Crapez

Director · since 26 juin 2025 · until 26 juin 2029

Active

Myriam Bodart

Director · since 27 juin 2023 · until 22 juin 2027

Active

Charles-Antoine Leunen

Director · since 22 juin 2023 · until 22 juin 2027

Active

Ended mandates

Sophie Crapez

Director · since 24 juin 2021 · until 26 juin 2025

Ended

Olivier Gevart

Chairman of the board of directors · since 15 décembre 2020 · until 26 juin 2025

Ended

Sébastien Fosseur

Director · since 15 décembre 2020 · until 24 juin 2025

Ended

Dominique Vercruysse

Director · since 22 juin 2020 · until 20 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
Agri Construct Europe● Active	1017.982.732
AIC SOLIDARITE ASBL● Active	0866.065.488
Association d'Entraide et de Formations● Active	0462.074.445
ASSOCIATION INTERNATIONALE DES CHARITES● Active	0428.602.418
BEECOZ● Active	0753.771.360
Brasserie Ceres Belgique● Bankrupt	0507.610.995
CAILLEBOTIS ASBL● Active	1005.075.693
Change-Credal Social Innovation Fund● Active	0726.777.943
concertation des organisations representatives de l economie sociale● Active	0895.045.526
Credal● Active	0434.986.305
Credal Entreprendre● Active	0841.148.366
Crédal Groupe● Active	0550.847.855
Fédération des Initiatives locales pour l'Enfance● Active	0451.337.733
INSTITUT DE FORMATION DE FONDACIO-EUROPE● Active	0676.601.922
LOUVAIN COOPERATION● Active	0422.717.486
Mundo Louvain-la-Neuve● Active	0777.470.242
REGENERATIVE BEER ALLIANCE● Bankrupt	0475.934.260
Réseau des Professionnels de la ConsomAction● Active	0783.285.787
SCALE UP● Active	0447.999.151
Tout un village● Active	0755.965.441

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/06/2026	04/08/2025	19/07/2024	03/07/2023	16/08/2022	20/07/2021
General meeting	29/06/2026	26/06/2025	27/06/2024	22/06/2023	23/06/2022	24/06/2021
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
Abridged model	31/12/2025	29/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	04/08/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	19/07/2024	French	PDF
Abridged model	31/12/2022	22/06/2023	03/07/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	16/08/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	20/07/2021	French	PDF
Abridged model	31/12/2019	18/06/2020	26/06/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	08/07/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	16/07/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	23/06/2016	12/07/2016	French	PDF
Abridged model	31/12/2014	23/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	01/07/2014	French	PDF
Abridged modelCorrection	31/12/2012	25/06/2013	13/08/2013	French	PDF
Abridged model	31/12/2012	25/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	18/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	20/07/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	30/06/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	27/06/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 4 active · 82 ended

Active mandates

Olivier Gevart

Chairman of the board of directors · since 26 juin 2025 · until 26 juin 2029

Active

Sophie Crapez

Director · since 26 juin 2025 · until 26 juin 2029

Active

Myriam Bodart

Director · since 27 juin 2023 · until 22 juin 2027

Active

Charles-Antoine Leunen

Director · since 22 juin 2023 · until 22 juin 2027

Active

Ended mandates

Sophie Crapez

Director · since 24 juin 2021 · until 26 juin 2025

Ended

Olivier Gevart

Chairman of the board of directors · since 15 décembre 2020 · until 26 juin 2025

Ended

Sébastien Fosseur

Director · since 15 décembre 2020 · until 24 juin 2025

Ended

Dominique Vercruysse

Director · since 22 juin 2020 · until 20 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office16/04/2024
SIEGE SOCIAL
PDF
Mandates11/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2021
DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202515,5 k €↑
2024
Annual accounts 2024-85,4 k €↓
2023
Annual accounts 2023-79 k €↓
2022
Annual accounts 2022-32,3 k €↓
2021
Annual accounts 202138,9 k €↑
2020
Annual accounts 202026,6 k €↑
2019
Annual accounts 2019-1,6 k €↓
2018
Annual accounts 201878,2 k €↑
2017
Annual accounts 2017-46,1 k €↓
2016
Annual accounts 201678,2 k €↑
2015
Annual accounts 201563,1 k €↓
2014
Annual accounts 2014154,7 k €↑
2013
Annual accounts 201376,1 k €↑
2012
Annual accounts 201217,6 k €↓
2011
Annual accounts 201156,3 k €↓
2010
Annual accounts 201085 k €↑
2009
Annual accounts 2009-319 k €↓
2008
Annual accounts 2008-130,7 k €↓
2007
Annual accounts 2007112,1 k €
12/10/1995
IncorporationNon-profit organization

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

CREDAL PLUS

Overview

What does CREDAL PLUS do?

Trend over 19 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