CROGEN
0465.556.151 · rovalta.com · 23/09/2026
ACTIVE
CROGEN
Financial year 2025 · closed on 31/12/2025
Net result
-26,5 k €
-34.1% YoY
Gross margin
-25 k €
-47.0% YoY
Equity
-114,9 k €
-30.0% YoY
Overview
What does CROGEN do?
CROGEN is a Public limited company incorporated in 1999. Its main activity is: Activities of collection agencies and credit bureaus. Its registered office is in Knokke-Heist.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0465.556.151
Incorporation
26/02/1999
Legal form
Public limited company
Registered office
Zeedijk-Heist 246 box 71
8301 Knokke-Heist · FlandreSee on map
8301 Knokke-Heist · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Good liquidity
Available with a Rovalta subscriptionTry for 7 days
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 | -25 k € | -47.0% | -17 k € | -96.8% | -8,7 k € | +49.1% | -17 k € | -8.3% | -15,7 k € | -1055% | -1,4 k € | -102% | 64,7 k € | +295% | 16,4 k € | -39.2% | 26,9 k € | +78.1% | 15,1 k € | +462% | 2,7 k € | +146% | -5,8 k € | -142% | 13,9 k € | +1318% | -1,1 k € | -340% | -260,1 € | -101% | 21,4 k € | +291% | 5,5 k € | -12.6% | 6,3 k € | -18.1% | 7,6 k € | -14.6% | 8,9 k € |
| EBITDA | -25,8 k € | -43.9% | -17,9 k € | -86.4% | -9,6 k € | +46.4% | -17,9 k € | -7.5% | -16,7 k € | -647% | -2,2 k € | -103% | 64 k € | +318% | 15,3 k € | -40.9% | 25,9 k € | +79.6% | 14,4 k € | +703% | 1,8 k € | +127% | -6,6 k € | -151% | 13 k € | +849% | -1,7 k € | +4.8% | -1,8 k € | -109% | 19,9 k € | +438% | 3,7 k € | -18.9% | 4,5 k € | -19.8% | 5,7 k € | -24.2% | 7,5 k € |
| Operating result | -26,1 k € | -41.1% | -18,5 k € | -78.5% | -10,3 k € | +43.8% | -18,4 k € | -9.2% | -16,8 k € | -585% | -2,5 k € | -104% | 64 k € | +324% | 15,1 k € | -41.3% | 25,7 k € | +83.2% | 14 k € | +335% | -6 k € | +58.4% | -14,4 k € | -444% | 4,2 k € | +139% | -10,6 k € | -0.4% | -10,5 k € | -162% | 17 k € | +4364% | 380,3 € | -74.0% | 1,5 k € | -38.1% | 2,4 k € | -58.2% | 5,7 k € |
| Net result | -26,5 k € | -34.1% | -19,8 k € | -64.2% | -12 k € | +37.5% | -19,2 k € | -10.0% | -17,5 k € | -475% | -3 k € | -105% | 62,3 k € | +350% | 13,9 k € | -41.1% | 23,5 k € | +87.3% | 12,6 k € | +265% | -7,6 k € | +51.0% | -15,5 k € | -539% | 3,5 k € | +132% | -11 k € | +11.5% | -12,5 k € | -180% | 15,6 k € | +19672% | 79 € | -87.6% | 638,2 € | -63.0% | 1,7 k € | +267% | 470,1 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -114,9 k € | -30.0% | -88,4 k € | -28.8% | -68,7 k € | -21.2% | -56,6 k € | -51.5% | -37,4 k € | -88.0% | -19,9 k € | -18.1% | -16,9 k € | +78.7% | -79,2 k € | +14.9% | -93,1 k € | +20.2% | -116,6 k € | +9.7% | -129,2 k € | -6.2% | -121,6 k € | -14.6% | -106,1 k € | +3.2% | -109,6 k € | -11.2% | -98,6 k € | -14.5% | -86,1 k € | +15.4% | -101,7 k € | +0.1% | -101,8 k € | +0.6% | -102,4 k € | +1.7% | -104,2 k € |
| Total assets | 163,8 k € | -30.1% | 234,2 k € | +1577% | 14 k € | +26.0% | 11,1 k € | +9.6% | 10,1 k € | -26.1% | 13,7 k € | -37.4% | 21,9 k € | -40.4% | 36,7 k € | +240% | 10,8 k € | +18.3% | 9,1 k € | -44.0% | 16,3 k € | -14.0% | 18,9 k € | -54.1% | 41,2 k € | -9.0% | 45,3 k € | -21.5% | 57,7 k € | +196% | 19,5 k € | +2.4% | 19,1 k € | -11.3% | 21,5 k € | -7.7% | 23,3 k € | +294% | 5,9 k € |
| Cash | 47,2 k € | -78.3% | 217,7 k € | – | – | 302,7 € | -91.3% | 3,5 k € | -65.8% | 10,2 k € | – | – | – | – | – | – | – | 3,1 k € | -71.8% | 10,9 k € | +1190% | 846,4 € | -82.5% | 4,8 k € | +130% | 2,1 k € | +91.8% | 1,1 k € | |||||||||||
| Debts | 278,5 k € | -13.6% | 322,2 k € | +290% | 82,6 k € | +22.0% | 67,7 k € | +42.5% | 47,5 k € | +41.5% | 33,6 k € | -13.3% | 38,7 k € | -66.6% | 115,9 k € | +11.6% | 103,8 k € | -17.4% | 125,7 k € | -13.6% | 145,4 k € | +3.5% | 140,5 k € | -4.6% | 147,2 k € | -4.9% | 154,9 k € | -0.9% | 156,3 k € | +48.0% | 105,6 k € | -12.6% | 120,8 k € | -2.0% | 123,3 k € | -1.9% | 125,7 k € | +14.2% | 110,1 k € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 10 ended
Active mandates
Luc De Paepe
ActiveEnded mandates
Luc De Paepe
EndedPhotios Seiloglou
EndedDavid Bauwens
EndedDavid Bauwens
EndedAt this address
Other companies at this address
Financials
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 | 28/08/2026 | 21/08/2025 | 30/08/2024 | 31/08/2023 | 26/08/2022 | 31/08/2021 |
| General meeting | 12/05/2026 | 07/05/2025 | 01/05/2024 | 03/05/2023 | 04/05/2022 | 05/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 12/05/2026 | 28/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 07/05/2025 | 21/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 01/05/2024 | 30/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 03/05/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 04/05/2022 | 26/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 05/05/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 06/05/2020 | 30/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 07/05/2019 | 30/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 08/05/2018 | 31/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 09/05/2017 | 31/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 10/05/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 12/05/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 13/05/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 07/05/2013 | 29/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 17/05/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 10/05/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 11/05/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/05/2009 | 28/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 13/05/2008 | 22/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 08/05/2007 | 30/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 10 ended
Active mandates
Luc De Paepe
ActiveEnded mandates
Luc De Paepe
EndedPhotios Seiloglou
EndedDavid Bauwens
EndedDavid Bauwens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-26,5 k €↓
- 2024Annual accounts 2024-19,8 k €↓
- 2023Annual accounts 2023-12 k €↑
- 2022Annual accounts 2022-19,2 k €↓
- 2021Annual accounts 2021-17,5 k €↓
- 2020Annual accounts 2020-3 k €↓
- 2019Annual accounts 201962,3 k €↑
- 2018Annual accounts 201813,9 k €↓
- 2017Annual accounts 201723,5 k €↑
- 2016Annual accounts 201612,6 k €↑
- 2015Annual accounts 2015-7,6 k €↑
- 2014Annual accounts 2014-15,5 k €↓
- 2013Annual accounts 20133,5 k €↑
- 2012Annual accounts 2012-11 k €↑
- 2011Annual accounts 2011-12,5 k €↓
- 2010Annual accounts 201015,6 k €↑
- 2009Annual accounts 200979 €↓
- 2008Annual accounts 2008638,2 €↓
- 2007Annual accounts 20071,7 k €↑
- 2006Annual accounts 2006470,1 €
- 26/02/1999IncorporationPublic limited company