ACTIVE

CREASULT

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Financial year 2025 · Closed on 30/06/2025

Net result395,2 k €+32,0 %over 1 year
Gross margin650,6 k €+33,5 %over 1 year
Equity1,4 M €+39,9 %over 1 year

Identity

Source · BCE/KBO

CREASULT is a Private limited company incorporated in 2002. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.702.423
Incorporation
30/10/2002
Legal form
Private limited company
Registered office
Sleutelbloemlaan 2
8400 Oostende · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin650,6 k €487,1 k €222,1 k €169,9 k €125,2 k €
EBITDA578,9 k €422,4 k €206,5 k €166,5 k €122,5 k €
Operating result565,6 k €404,3 k €194,3 k €153,5 k €109,6 k €
Net result395,2 k €299,3 k €139,6 k €117,6 k €67,6 k €
Balance sheet
Equity1,4 M €990,9 k €787,8 k €648,1 k €805,2 k €
Total assets1,9 M €1,9 M €1,5 M €1,2 M €1,1 M €
Cash285,3 k €30,3 k €70,5 k €68,7 k €31,8 k €
Debts550,6 k €907,9 k €748,3 k €542,9 k €332,5 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 4 ended

Active mandates

Alexander Verborgh

Director · since 01 novembre 2025

Active
Nicolae Verborgh

Director · since 01 novembre 2025

Active
Erica Delrue

Director · since 28 octobre 2002

Active
Johan Verborgh

Director · since 28 octobre 2002

Active

Ended mandates

Erica Delrue

Manager

Ended
ERICA DELRUE

Director

Ended
Johan Verborgh

Manager

Ended
JOHAN VERBORGH

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/01/202602/01/202523/11/202320/12/202228/01/202201/02/2021
General meeting30/12/202518/12/202422/11/202304/11/202231/12/202131/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202530/12/202529/01/2026DutchPDF
Abridged model30/06/202418/12/202402/01/2025DutchPDF
Abridged model30/06/202322/11/202323/11/2023DutchPDF
Abridged model30/06/202204/11/202220/12/2022DutchPDF
Abridged model30/06/202131/12/202128/01/2022DutchPDF
Abridged model30/06/202031/12/202001/02/2021DutchPDF
Micro model30/06/201931/12/201927/01/2020DutchPDF
Micro model30/06/201810/01/201914/01/2019DutchPDF
Micro model30/06/201731/12/201715/01/2018DutchPDF
Abridged model30/06/201621/12/201622/12/2016DutchPDF
Abridged model30/06/201511/12/201523/12/2015DutchPDF
Abridged model30/06/201405/01/201515/01/2015DutchPDF
Abridged model30/06/201321/01/201412/02/2014DutchPDF
Abridged model30/06/201218/01/201307/02/2013DutchPDF
Abridged model30/06/201127/01/201206/02/2012DutchPDF
Abridged model30/06/201004/02/201115/02/2011DutchPDF
Abridged model30/06/200930/12/200928/01/2010DutchPDF
Abridged model30/06/200830/12/200829/01/2009DutchPDF
Abridged model30/06/200711/12/200717/12/2007DutchPDF
Abridged model30/06/200627/12/200615/01/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 4 ended

Active mandates

Alexander Verborgh

Director · since 01 novembre 2025

Active
Nicolae Verborgh

Director · since 01 novembre 2025

Active
Erica Delrue

Director · since 28 octobre 2002

Active
Johan Verborgh

Director · since 28 octobre 2002

Active

Ended mandates

Erica Delrue

Manager

Ended
ERICA DELRUE

Director

Ended
Johan Verborgh

Manager

Ended
JOHAN VERBORGH

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/11/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025395,2 k €↑
  2. 2024
    Annual accounts 2024299,3 k €↑
  3. 2023
    Annual accounts 2023139,6 k €↑
  4. 2022
    Annual accounts 2022117,6 k €↑
  5. 2021
    Annual accounts 202167,6 k €↓
  6. 2020
    Annual accounts 2020103,3 k €↓
  7. 2019
    Annual accounts 2019109,2 k €↑
  8. 2013
    Annual accounts 201368,4 k €↑
  9. 2012
    Annual accounts 201264,4 k €↑
  10. 2011
    Annual accounts 201128,1 k €↑
  11. 2010
    Annual accounts 20101,2 k €↓
  12. 2009
    Annual accounts 200941,5 k €↑
  13. 2008
    Annual accounts 20081,2 k €↓
  14. 2007
    Annual accounts 20078,8 k €
  15. 30/10/2002
    IncorporationPrivate limited company