ACTIVE

CREACODE

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Financial year 2025 · closed on 30/06/2025

Net result

29,4 k €

+1692.6% YoY

Gross margin

48,9 k €

+737.8% YoY

Equity

130,5 k €

+29.1% YoY

What does CREACODE do?

CREACODE is a Private limited company incorporated in 1998. Its main activity is: Computer consultancy activities. Its registered office is in Hooglede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.034.142

Incorporation

25/08/1998

Legal form

Private limited company

Registered office

Begoniastraat 10
8830 Hooglede · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	48,9 k €	+738%	5,8 k €	-80.4%	29,8 k €	+12.6%	26,5 k €	-29.8%	37,7 k €	+1555%	2,3 k €	-61.4%	5,9 k €	-73.0%	21,8 k €	-49.3%	43 k €	-5.5%	45,5 k €	+17.5%	38,7 k €	+150%	15,5 k €	-40.3%	26 k €	-50.4%	52,3 k €	+356%	-20,5 k €	-241%	14,5 k €	-70.9%	49,8 k €	+33.9%	37,2 k €
EBITDA	46,8 k €	+1109%	3,9 k €	-86.5%	28,7 k €	+18.7%	24,1 k €	-34.0%	36,6 k €	+1725%	2 k €	-57.7%	4,7 k €	-77.0%	20,5 k €	-50.9%	41,8 k €	-5.4%	44,2 k €	+20.3%	36,7 k €	+171%	13,6 k €	-45.4%	24,8 k €	-47.4%	47,2 k €	+287%	-25,3 k €	-284%	13,7 k €	-69.5%	45 k €	+29.5%	34,8 k €
Operating result	44,9 k €	+1657%	2,6 k €	-90.6%	27,2 k €	+39.6%	19,5 k €	-30.2%	27,9 k €	+486%	-7,2 k €	+40.7%	-12,2 k €	-251%	8 k €	-72.4%	29,1 k €	+5.2%	27,7 k €	+38.3%	20 k €	+519%	-4,8 k €	-173%	6,5 k €	-77.4%	29 k €	+169%	-41,9 k €	-292%	21,8 k €	+756%	2,5 k €	-84.2%	16,1 k €
Net result	29,4 k €	+1693%	1,6 k €	-91.4%	19,1 k €	+41.5%	13,5 k €	-43.6%	23,9 k €	+416%	-7,6 k €	+44.8%	-13,7 k €	-457%	3,8 k €	-82.3%	21,6 k €	-1.2%	21,9 k €	+45.4%	15,1 k €	+235%	-11,1 k €	-9750%	-113 €	-101%	20,6 k €	+141%	-50,6 k €	-308%	-12,4 k €	-70.7%	-7,3 k €	-212%	6,5 k €
Balance sheet
Equity	130,5 k €	+29.1%	101,1 k €	-18.5%	124 k €	+17.3%	105,7 k €	+6.9%	98,9 k €	+30.5%	75,7 k €	-9.1%	83,3 k €	-14.1%	97 k €	+4.1%	93,2 k €	+30.3%	71,5 k €	+44.1%	49,6 k €	+43.5%	34,6 k €	-24.3%	45,7 k €	-0.2%	45,8 k €	+81.4%	25,3 k €	-66.7%	75,8 k €	-14.0%	88,2 k €	-7.6%	95,5 k €
Total assets	236,4 k €	+23.7%	191,1 k €	-7.4%	206,5 k €	+13.0%	182,7 k €	+10.3%	165,6 k €	+15.2%	143,7 k €	-8.6%	157,2 k €	-13.0%	180,7 k €	-3.3%	186,9 k €	+5.6%	177 k €	+0.9%	175,4 k €	-5.7%	186,1 k €	-8.1%	202,5 k €	-9.5%	223,8 k €	+4.7%	213,7 k €	-21.8%	273,4 k €	-7.5%	295,5 k €	-4.5%	309,5 k €
Cash	145,3 k €	+25.6%	115,7 k €	-2.1%	118,1 k €	+10.5%	106,9 k €	+72.7%	61,9 k €	+73.8%	35,6 k €	-32.6%	52,9 k €	-31.5%	77,2 k €	+31.0%	58,9 k €	+29.4%	45,5 k €	+100%	22,8 k €	+7.5%	21,2 k €	+10.0%	19,3 k €	+3.5%	18,6 k €	-40.6%	31,3 k €	-52.8%	66,3 k €	-9.6%	73,3 k €	+94.4%	37,7 k €
Debts	59,5 k €	+36.2%	43,7 k €	+20.9%	36,1 k €	+18.7%	30,4 k €	+51.3%	20,1 k €	-7.2%	21,7 k €	-19.3%	26,9 k €	-26.6%	36,6 k €	-21.8%	46,8 k €	-21.0%	59,2 k €	-25.5%	79,5 k €	-24.5%	105,2 k €	-4.8%	110,4 k €	-16.0%	131,5 k €	-9.7%	145,6 k €	-8.0%	158,2 k €	-5.8%	168 k €	-5.6%	177,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Kathleen Vervaeke

Manager

Active

Ended mandates

Kathleen VERVAEKE

Director · since 25 août 1998

Ended

Kathleen Vervaeke

Administrator - manager

Ended

Kathleen VERVAEKE

Director

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	27/01/2025	29/01/2024	21/12/2022	28/01/2022	01/02/2021
General meeting	08/01/2026	04/11/2024	06/11/2023	15/12/2022	02/11/2021	02/11/2020
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	30/06/2025	08/01/2026	30/01/2026	Dutch	PDF
Micro model	30/06/2024	04/11/2024	27/01/2025	Dutch	PDF
Micro model	30/06/2023	06/11/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	15/12/2022	21/12/2022	Dutch	PDF
Micro model	30/06/2021	02/11/2021	28/01/2022	Dutch	PDF
Micro model	30/06/2020	02/11/2020	01/02/2021	Dutch	PDF
Micro model	30/06/2019	04/11/2019	29/01/2020	Dutch	PDF
Micro model	30/06/2018	05/11/2018	07/01/2019	Dutch	PDF
Micro model	30/06/2017	06/11/2017	04/12/2017	Dutch	PDF
Abridged model	30/06/2016	07/11/2016	12/01/2017	Dutch	PDF
Abridged model	30/06/2015	02/11/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	03/11/2014	14/01/2015	Dutch	PDF
Abridged model	30/06/2013	04/11/2013	12/02/2014	Dutch	PDF
Abridged model	30/06/2012	05/11/2012	14/02/2013	Dutch	PDF
Abridged model	30/06/2011	07/11/2011	20/02/2012	Dutch	PDF
Abridged model	30/06/2010	02/11/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	02/11/2009	15/01/2010	Dutch	PDF
Abridged model	30/06/2008	03/11/2008	14/01/2009	Dutch	PDF
Abridged model	30/06/2007	05/11/2007	03/12/2007	Dutch	PDF
Abridged model	30/06/2006	06/11/2006	26/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 1 active · 3 ended

Active mandates

Kathleen Vervaeke

Manager

Active

Ended mandates

Kathleen VERVAEKE

Director · since 25 août 1998

Ended

Kathleen Vervaeke

Administrator - manager

Ended

Kathleen VERVAEKE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/10/2005
KAPITAAL - AANDELEN - BOEKJAAR - 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 202529,4 k €↑
2024
Annual accounts 20241,6 k €↓
2023
Annual accounts 202319,1 k €↑
2022
Annual accounts 202213,5 k €↓
2020
Annual accounts 202023,9 k €↑
2019
Annual accounts 2019-7,6 k €↑
2018
Annual accounts 2018-13,7 k €↓
2017
Annual accounts 20173,8 k €↓
2016
Annual accounts 201621,6 k €↓
2015
Annual accounts 201521,9 k €↑
2014
Annual accounts 201415,1 k €↑
2013
Annual accounts 2013-11,1 k €↓
2012
Annual accounts 2012-113 €↓
2011
Annual accounts 201120,6 k €↑
2010
Annual accounts 2010-50,6 k €↓
2009
Annual accounts 2009-12,4 k €↓
2008
Annual accounts 2008-7,3 k €↓
2007
Annual accounts 20076,5 k €
25/08/1998
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

CREACODE

Overview

What does CREACODE do?

Trend over 18 financial years

Indicative valuation

Board of directors

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