ACTIVE

CRELGI

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Financial year 2025 · closed on 31/12/2025

Net result

37,1 k €

+102.2% YoY

Gross margin

-4,2 k €

+81.6% YoY

Equity

701,4 k €

+5.6% YoY

What does CRELGI do?

CRELGI is a Public limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.301.942

Incorporation

13/01/2003

Legal form

Public limited company

Registered office

Napoleonkaai 13 box 302
2000 Antwerpen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-4,2 k €	+81.6%	-22,9 k €	-115%	147,8 k €	-0.0%	147,9 k €	-0.4%	148,5 k €	-9.7%	164,4 k €	-63.7%	452,8 k €	-29.2%	639,3 k €	+57.7%	405,3 k €	-5.1%	427,1 k €	-0.5%	429,3 k €	+0.9%	425,3 k €	-4.8%	446,8 k €	+127%	197,1 k €	+49.5%	131,9 k €	-23.7%	172,9 k €	-58.0%	411,9 k €
EBITDA	-5,9 k €	+75.5%	-24 k €	-117%	137,7 k €	+0.9%	136,5 k €	-2.1%	139,5 k €	-10.5%	155,8 k €	-64.9%	443,3 k €	-29.5%	628,8 k €	+59.1%	395,3 k €	-5.6%	418,5 k €	+1.1%	413,8 k €	-1.2%	418,8 k €	-5.5%	443,1 k €	+137%	187,2 k €	+58.2%	118,3 k €	-29.9%	168,7 k €	-58.9%	410,9 k €
Operating result	-8,4 k €	+67.1%	-25,6 k €	-128%	91,6 k €	+33.4%	68,6 k €	+8.5%	63,3 k €	-27.8%	87,6 k €	-76.5%	373 k €	-33.2%	558,5 k €	+71.9%	324,8 k €	-3.8%	337,7 k €	+1.4%	333 k €	-2.1%	340,2 k €	-6.7%	364,7 k €	+235%	108,9 k €	+116%	50,4 k €	-65.4%	145,9 k €	-64.5%	410,4 k €
Net result	37,1 k €	+102%	-1,7 M €	-2285%	78,7 k €	+32.9%	59,2 k €	-12.5%	67,6 k €	-25.2%	90,4 k €	-69.9%	300 k €	-25.5%	402,8 k €	+57.2%	256,2 k €	+1.6%	252,1 k €	-8.1%	274,2 k €	-16.5%	328,3 k €	-7.6%	355,2 k €	+260%	98,7 k €	+148%	39,7 k €	+302%	-19,7 k €	-108%	247 k €
Balance sheet
Equity	701,4 k €	+5.6%	664,3 k €	-72.1%	2,4 M €	-0.5%	2,4 M €	+2.5%	2,3 M €	+7.1%	2,2 M €	+4.3%	2,1 M €	+16.8%	1,8 M €	+29.0%	1,4 M €	+22.7%	1,1 M €	+28.7%	878,3 k €	+43.3%	613,1 k €	+23.9%	494,8 k €	+19.3%	414,6 k €	+24.2%	333,9 k €	+7.0%	312,2 k €	-5.9%	331,8 k €
Total assets	717,4 k €	+5.4%	680,7 k €	-73.0%	2,5 M €	+2.2%	2,5 M €	+0.9%	2,4 M €	+4.9%	2,3 M €	-8.3%	2,5 M €	+8.4%	2,3 M €	-13.9%	2,7 M €	-3.4%	2,8 M €	+5.1%	2,7 M €	-16.0%	3,2 M €	+10.2%	2,9 M €	+7.9%	2,7 M €	-1.9%	2,7 M €	-24.7%	3,6 M €	+77.5%	2 M €
Cash	401,3 k €	-3.1%	414 k €	+672%	53,6 k €	-87.5%	427,9 k €	-4.5%	448,1 k €	+135%	190,6 k €	-20.7%	240,2 k €	+72.7%	139,1 k €	+139%	58,3 k €	+459%	10,4 k €	-37.5%	16,7 k €	-93.1%	241,5 k €	+90.3%	126,9 k €	+361%	27,5 k €	-55.6%	62 k €	-91.8%	754,1 k €	+35.0%	558,7 k €
Debts	16 k €	-2.6%	16,4 k €	-87.6%	132,2 k €	+98.2%	66,7 k €	-35.5%	103,5 k €	+20.7%	85,7 k €	-77.8%	386,8 k €	-20.9%	489 k €	-61.7%	1,3 M €	-20.6%	1,6 M €	-7.7%	1,7 M €	-32.4%	2,6 M €	+7.4%	2,4 M €	+6.4%	2,3 M €	-5.3%	2,4 M €	-26.4%	3,2 M €	+101%	1,6 M €

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 31/12/2025 · 1 active · 21 ended

Active mandates

Ioanna Karamichali

Managing director · since 29 décembre 2020 · until 29 décembre 2026

Active

Ended mandates

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	13/07/2026	30/07/2025	30/07/2024	28/07/2023	29/07/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	13/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	05/08/2019	Dutch	PDF
Abridged model	30/09/2017	02/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	03/03/2017	30/05/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	25/05/2016	Dutch	PDF
Abridged model	30/09/2014	06/03/2015	24/04/2015	Dutch	PDF
Abridged model	30/09/2013	07/03/2014	23/05/2014	Dutch	PDF
Abridged model	30/09/2012	01/03/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	30/12/2011	30/05/2012	Dutch	PDF
Abridged model	30/09/2010	04/03/2011	19/04/2011	Dutch	PDF
Abridged model	30/09/2009	05/03/2010	20/05/2010	Dutch	PDF
Abridged model	30/09/2008	06/03/2009	29/05/2009	Dutch	PDF
Abridged model	30/09/2007	07/03/2008	22/05/2008	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 31/12/2025 · 1 active · 21 ended

Active mandates

Ioanna Karamichali

Managing director · since 29 décembre 2020 · until 29 décembre 2026

Active

Ended mandates

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

GERTINA

Director · since 07 mars 2014 · until 31 mars 2020 · 0475.410.163

Represented by Christina Karamichalis

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other03/10/2018
ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office19/08/2014
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/12/2006
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/09/2006
ONTSLAGEN - BENOEMINGEN
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 202537,1 k €↑
2024
Annual accounts 2024-1,7 M €↓
2023
Annual accounts 202378,7 k €↑
2022
Annual accounts 202259,2 k €↓
2021
Annual accounts 202167,6 k €↓
2018
Annual accounts 201890,4 k €↓
2017
Annual accounts 2017300 k €↓
2016
Annual accounts 2016402,8 k €↑
2015
Annual accounts 2015256,2 k €↑
2014
Annual accounts 2014252,1 k €↓
2013
Annual accounts 2013274,2 k €↓
2012
Annual accounts 2012328,3 k €↓
2011
Annual accounts 2011355,2 k €↑
2010
Annual accounts 201098,7 k €↑
2009
Annual accounts 200939,7 k €↑
2008
Annual accounts 2008-19,7 k €↓
2007
Annual accounts 2007247 k €
13/01/2003
IncorporationPublic 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

CRELGI

Overview

What does CRELGI do?

Trend over 17 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