ACTIVE

CREAD

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Financial year 2024 · closed on 31/12/2024

Net result

275,4 k €

+31.2% YoY

Gross margin

367,9 k €

+27.1% YoY

Equity

1,7 M €

+19.8% YoY

What does CREAD do?

CREAD is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Kontich.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0470.519.878

Incorporation

07/02/2000

Legal form

Private limited company

Registered office

Kauwlei 62
2550 Kontich · FlandreSee on map

Contributed capital

80 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

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

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	367,9 k €	+27.1%	289,5 k €	+30.6%	221,6 k €	+10.2%	201 k €	+3.0%	195,2 k €	+5.3%	185,3 k €	+18.1%	156,9 k €	-7.1%	169 k €	+2.1%	165,5 k €	-14.5%	193,6 k €	+19.3%	162,3 k €	+12.1%	144,8 k €	+0.6%	143,9 k €	+16.4%	123,7 k €	+4.7%	118,1 k €	-3.7%	122,6 k €	+113%	57,5 k €	-19.5%	71,4 k €	-13.7%	82,7 k €
EBITDA	366,3 k €	+27.3%	287,9 k €	+30.7%	220,2 k €	+10.5%	199,4 k €	+3.0%	193,6 k €	+5.4%	183,6 k €	+18.1%	155,5 k €	-7.1%	167,3 k €	+2.1%	163,9 k €	-14.6%	192 k €	+19.4%	160,8 k €	+12.4%	143,1 k €	+0.6%	142,2 k €	+16.5%	122,1 k €	+4.9%	116,4 k €	-3.8%	121 k €	+116%	56,1 k €	-20.2%	70,3 k €	-13.8%	81,5 k €
Operating result	364 k €	+27.3%	286 k €	+30.7%	218,9 k €	+10.1%	198,9 k €	+3.0%	193 k €	+5.4%	183,1 k €	+18.2%	154,9 k €	-7.1%	166,8 k €	+2.1%	163,4 k €	-14.7%	191,4 k €	+19.9%	159,7 k €	+12.6%	141,8 k €	+0.6%	141 k €	+16.2%	121,4 k €	+5.3%	115,3 k €	-3.9%	119,9 k €	+121%	54,3 k €	-20.7%	68,5 k €	-14.7%	80,3 k €
Net result	275,4 k €	+31.2%	210 k €	+38.8%	151,3 k €	+8.6%	139,3 k €	+3.8%	134,2 k €	+7.1%	125,3 k €	+76.0%	71,2 k €	-3.9%	74,1 k €	+12.3%	66 k €	-24.6%	87,5 k €	+8.2%	80,9 k €	-0.7%	81,4 k €	+0.5%	81 k €	+12.2%	72,3 k €	+17.4%	61,5 k €	-19.0%	76 k €	+101%	37,8 k €	-13.1%	43,6 k €	-9.2%	48 k €
Balance sheet
Equity	1,7 M €	+19.8%	1,4 M €	+17.8%	1,2 M €	+14.7%	1 M €	+15.7%	889,7 k €	+17.8%	755,5 k €	-36.0%	1,2 M €	+6.4%	1,1 M €	+7.2%	1 M €	+6.8%	969,8 k €	+9.9%	882,3 k €	+10.1%	801,5 k €	+2.6%	781,2 k €	+11.6%	700,2 k €	+11.5%	627,9 k €	+10.9%	566,4 k €	+15.5%	490,4 k €	+8.4%	452,5 k €	+10.7%	409 k €
Total assets	1,7 M €	+18.6%	1,4 M €	+18.5%	1,2 M €	+15.0%	1 M €	+14.0%	916,8 k €	+9.0%	841 k €	-33.7%	1,3 M €	-29.1%	1,8 M €	+3.3%	1,7 M €	+3.1%	1,7 M €	+5.7%	1,6 M €	+6.2%	1,5 M €	+3.3%	1,4 M €	+8.2%	1,3 M €	+6.1%	1,3 M €	+13.7%	1,1 M €	+10.9%	1 M €	+9.6%	913,3 k €	+13.2%	806,6 k €
Cash	114,5 k €	+77.8%	64,4 k €	-94.3%	1,1 M €	+15.6%	979,7 k €	+10.8%	884,3 k €	+10.7%	798,9 k €	-34.9%	1,2 M €	-30.0%	1,8 M €	+3.9%	1,7 M €	+0.8%	1,7 M €	+5.7%	1,6 M €	+6.5%	1,5 M €	+5.4%	1,4 M €	+10.0%	1,3 M €	+4.7%	1,2 M €	+14.3%	1,1 M €	+12.6%	951,9 k €	+14.3%	832,5 k €	+17.7%	707,4 k €
Debts	19,5 k €	-40.7%	32,9 k €	+48.8%	22,1 k €	+39.7%	15,8 k €	-37.5%	25,3 k €	-69.2%	82,3 k €	+82.2%	45,1 k €	-92.9%	637,2 k €	-2.1%	651 k €	-2.1%	664,8 k €	+1.7%	653,4 k €	+1.1%	646,1 k €	+0.7%	641,3 k €	+2.7%	624,5 k €	+5.9%	589,7 k €	+19.5%	493,3 k €	+6.6%	462,9 k €	+9.6%	422,5 k €	+13.9%	371,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Hellemans Dirk

Director · since 28 janvier 2000

Active

Ended mandates

Hellemans Dirk

Director

Ended

Hellemans Dirk

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/08/2025	26/08/2024	30/08/2023	26/08/2022	30/08/2021	28/09/2020
General meeting	17/06/2025	18/06/2024	20/06/2023	21/06/2022	15/06/2021	16/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	17/06/2025	15/08/2025	Dutch	PDF
Micro model	31/12/2023	18/06/2024	26/08/2024	Dutch	PDF
Micro model	31/12/2022	20/06/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	21/06/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	11/09/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	07/07/2013	Dutch	PDF
Abridged model	31/12/2011	14/09/2012	27/10/2012	Dutch	PDF
Abridged model	31/12/2010	12/07/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	04/08/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	16/07/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2024 · 1 active · 2 ended

Active mandates

Hellemans Dirk

Director · since 28 janvier 2000

Active

Ended mandates

Hellemans Dirk

Director

Ended

Hellemans Dirk

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/01/2019
KAPITAAL - AANDELEN
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares21/01/2005
KAPITAAL - AANDELEN - DOEL - ALGEMENE VERGADERING - 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

2024
Annual accounts 2024275,4 k €↑
2023
Annual accounts 2023210 k €↑
2022
Annual accounts 2022151,3 k €↑
2021
Annual accounts 2021139,3 k €↑
2020
Annual accounts 2020134,2 k €↑
2019
Annual accounts 2019125,3 k €↑
2018
Annual accounts 201871,2 k €↓
2017
Annual accounts 201774,1 k €↑
2016
Annual accounts 201666 k €↓
2015
Annual accounts 201587,5 k €↑
2014
Annual accounts 201480,9 k €↓
2013
Annual accounts 201381,4 k €↑
2012
Annual accounts 201281 k €↑
2011
Annual accounts 201172,3 k €↑
2010
Annual accounts 201061,5 k €↓
2009
Annual accounts 200976 k €↑
2008
Annual accounts 200837,8 k €↓
2007
Annual accounts 200743,6 k €↓
2006
Annual accounts 200648 k €
07/02/2000
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

CREAD

Overview

What does CREAD do?

Trend over 19 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