ACTIVE

Kreate

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Financial year 2025 · closed on 31/12/2025
Net result
22,2 k €
+138.3% YoY
Gross margin
80,2 k €
+1587.6% YoY
Equity
-34 k €
+39.5% YoY

What does Kreate do?

Kreate is a Private limited company incorporated in 2019. Its main activity is: Construction of buildings. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0734.844.977
Incorporation
24/09/2019
Legal form
Private limited company
Registered office
Deerlijkseweg 259
8790 Waregem · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43211Electrical installation43211Electrical installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation+6
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin80,2 k €4,8 k €65,9 k €109,9 k €109,1 k €63,3 k €
EBITDA31 k €-37,7 k €19,7 k €39,2 k €24,4 k €3 k €
Operating result25,3 k €-54,3 k €797,8 €20,3 k €6,3 k €-14,1 k €
Net result22,2 k €-58,1 k €-3,2 k €13,8 k €4,4 k €-18,1 k €
Balance sheet
Equity-34 k €-56,2 k €1,8 k €5,1 k €-8,8 k €-13,1 k €
Total assets63,7 k €65,9 k €99,4 k €160,1 k €152,3 k €122,2 k €
Cash17,4 k €9,6 k €9,7 k €33,1 k €21,1 k €135,4 €
Debts97,7 k €122,2 k €97,6 k €155 k €160,9 k €135,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Kevin Creteur

Mandate

Active

Ended mandates

Kevin Creteur

Director · since 24 septembre 2021

Ended
Eline Speleers

Director · since 24 septembre 2019 · until 31 décembre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
CRE-IMMO● Active
0735.940.780
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202124/09/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date04/07/202617/07/202529/06/202413/07/202304/07/202223/07/2021
General meeting06/06/202607/06/202501/06/202403/06/202304/06/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/06/202604/07/2026DutchPDF
Micro model31/12/202407/06/202517/07/2025DutchPDF
Micro model31/12/202301/06/202429/06/2024DutchPDF
Micro model31/12/202203/06/202313/07/2023DutchPDF
Micro model31/12/202104/06/202204/07/2022DutchPDF
Micro model31/12/202005/06/202123/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 ended

Active mandates

Kevin Creteur

Mandate

Active

Ended mandates

Kevin Creteur

Director · since 24 septembre 2021

Ended
Eline Speleers

Director · since 24 septembre 2019 · until 31 décembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/02/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/09/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202522,2 k €↑
  2. 2024
    Annual accounts 2024-58,1 k €↓
  3. 2023
    Annual accounts 2023-3,2 k €↓
  4. 2022
    Annual accounts 202213,8 k €↑
  5. 2021
    Annual accounts 20214,4 k €↑
  6. 2020
    Annual accounts 2020-18,1 k €
  7. 24/09/2019
    IncorporationPrivate limited company