ACTIVE

Cricut Belgium

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Financial year 2023 · Closed on 31/12/2023

Net result63,2 k €+13,0 %over 1 year
Revenue1,6 M €
Equity184,2 k €+52,3 %over 1 year
Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Cricut Belgium is a Private limited company incorporated in 2020. Its registered office is in Avelgem. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0746.485.769
Incorporation
23/04/2020
Legal form
Private limited company
Registered office
Burchthof 10/11
8580 Avelgem · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2023
Average workforce
2,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 3 financial years

202320222021
Income statement
Revenue1,6 M €––
EBITDA86,6 k €78,4 k €76,7 k €
Operating result86,1 k €77,4 k €75,4 k €
Net result63,2 k €55,9 k €64 k €
Balance sheet
Equity184,2 k €121 k €65 k €
Total assets375,4 k €245 k €282,3 k €
Cash188,6 k €156,8 k €45 k €
Debts161,2 k €101,4 k €149,2 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 1 ended

Active mandates

Donald Olsen

Director · since 23 avril 2020

Active

Ended mandates

Donald Olsen

Mandate

Ended

Other companies at this address

Burchthof 10/11 8580 Avelgem
CompanyCBE no.
JOERNS BE● Active
0644.829.175
PB IMMO● Active
0802.651.046

Full financial information

Source · NBB
2024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202223/04/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months21 months
Filing date30/09/202510/10/202431/07/202331/08/2022
General meeting30/06/202530/06/202430/06/202330/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202530/09/2025DutchPDF
Abridged model31/12/202330/06/202410/10/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2023

1 active · 1 ended

Active mandates

Donald Olsen

Director · since 23 avril 2020

Active

Ended mandates

Donald Olsen

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/04/2020
    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. 2023
    Annual accounts 202363,2 k €↑
  2. 2022
    Annual accounts 202255,9 k €↓
  3. 2021
    Annual accounts 202164 k €
  4. 23/04/2020
    IncorporationPrivate limited company