ACTIVE

Creax

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Financial year 2025 · closed on 31/12/2025

Net result

-355,3 k €

+48.5% YoY

Gross margin

1,4 M €

+8.9% YoY

Equity

-371,4 k €

-2201.6% YoY

Workforce

13,4 ETP

-18.3% YoY

What does Creax do?

Creax is a Public limited company incorporated in 2009. Its main activity is: Market research and public opinion polling. Its registered office is in Kortrijk. It employs on average 13,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.607.620

Incorporation

23/03/2009

Legal form

Public limited company

Registered office

Vaartstraat(Kor) 130
8500 Kortrijk · FlandreSee on map

Contributed capital

65 000,00 €

Latest accounts

31/12/2025

Average workforce

13,4 ETP

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 85599Other education n.e.c.85599Other education n.e.c.70200Management consultancy activities 70210Public relations and communication activities+6

Joint committees (3)

200
20000
218

Signals

Positive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,4 M €	+8.9%	1,3 M €	-27.8%	1,8 M €	+12.8%	1,6 M €	-10.3%	1,8 M €	+34.2%	1,3 M €	+10.8%	1,2 M €	+8.5%	1,1 M €	+2.4%	1,1 M €	-4.9%	1,1 M €	+30.9%	856,8 k €	+11.3%	769,8 k €	+60.6%	479,4 k €	+58.4%	302,7 k €	-1.0%	305,8 k €	+52626%	580 €
EBITDA	20,6 k €	+107%	-312,2 k €	-189%	351 k €	-15.7%	416,6 k €	-35.4%	645 k €	+58.8%	406,2 k €	+5.4%	385,4 k €	+47.7%	261 k €	+39.2%	187,5 k €	-50.5%	378,9 k €	+102%	187,1 k €	+3.1%	181,5 k €	+358%	39,7 k €	+43.3%	27,7 k €	-64.3%	77,5 k €	+33249%	232,5 €
Operating result	-267,6 k €	+54.7%	-591,1 k €	-922%	71,9 k €	+4.8%	68,6 k €	-77.2%	301,6 k €	+476%	52,3 k €	-27.8%	72,5 k €	+260%	20,1 k €	-2.9%	20,8 k €	-89.1%	190,4 k €	+401%	38 k €	-63.7%	104,6 k €	+313%	25,3 k €	+90.9%	13,3 k €	-78.9%	62,8 k €	+26927%	232,5 €
Net result	-355,3 k €	+48.5%	-689,6 k €	-3155%	-21,2 k €	-187%	24,3 k €	-91.1%	272,5 k €	+703%	33,9 k €	-39.2%	55,8 k €	+4001%	1,4 k €	-73.0%	5 k €	-96.4%	140,9 k €	+607%	19,9 k €	-65.1%	57,2 k €	+234%	17,1 k €	+370%	3,6 k €	-89.7%	35,3 k €	+13765%	254,5 €
Balance sheet
Equity	-371,4 k €	-2202%	-16,1 k €	-102%	673,5 k €	-3.0%	694,6 k €	+3.6%	670,4 k €	+54.0%	435,4 k €	+8.4%	401,5 k €	+16.1%	345,7 k €	+0.4%	344,4 k €	+1.5%	339,3 k €	+71.0%	198,4 k €	+11.2%	178,5 k €	+47.1%	121,3 k €	+16.4%	104,2 k €	+3.6%	100,5 k €	+54.1%	65,3 k €
Total assets	3,2 M €	+1.1%	3,1 M €	+0.2%	3,1 M €	+14.8%	2,7 M €	+42.6%	1,9 M €	+14.0%	1,7 M €	+3.9%	1,6 M €	+17.3%	1,4 M €	-1.3%	1,4 M €	-5.0%	1,5 M €	+21.3%	1,2 M €	+24.6%	965,9 k €	+45.4%	664,4 k €	-17.1%	801,1 k €	-11.8%	907,9 k €	+1264%	66,6 k €
Cash	60,8 k €	-10.4%	67,9 k €	+976%	6,3 k €	-91.1%	71,3 k €	-41.8%	122,5 k €	-25.2%	163,8 k €	+418%	31,6 k €	+14.9%	27,5 k €	-30.9%	39,9 k €	-45.4%	73,1 k €	-25.1%	97,6 k €	+4.1%	93,7 k €	-30.0%	133,9 k €	-7.8%	145,2 k €	+177%	52,3 k €	+3019%	1,7 k €
Debts	3,5 M €	+12.4%	3,1 M €	+28.7%	2,4 M €	+21.0%	2 M €	+63.9%	1,2 M €	-0.2%	1,2 M €	+2.4%	1,2 M €	+17.0%	1 M €	+0.9%	1 M €	-9.6%	1,1 M €	+11.4%	1 M €	+27.6%	787,4 k €	+45.0%	543 k €	-5.0%	571,4 k €	-8.7%	625,7 k €	+47680%	1,3 k €
Other
Workforce	13,4 ETP	-18.3%	16,4 ETP	0.0%	16,4 ETP	+2.5%	16,0 ETP	-5.3%	16,9 ETP	+11.9%	15,1 ETP	+2.7%	14,7 ETP	-0.7%	14,8 ETP	+7.2%	13,8 ETP	+14.0%	12,1 ETP	+8.0%	11,2 ETP	+19.1%	9,4 ETP	+19.0%	7,9 ETP	+64.6%	4,8 ETP	+60.0%	3,0 ETP		–

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 · 2 active · 38 ended

Active mandates

MMEC

Director · since 15 juin 2011 · until 20 mai 2030 · 0479.508.711

Represented by Mottrie Mathieu

Active

Technology Driven Products & Processes

Director · since 15 juin 2011 · until 20 mai 2030 · 0834.473.281

Represented by Vandenberghe Jef

Active

Ended mandates

Jef Vandenberghe

Mandate · since 08 juillet 2013 · until 21 mai 2018

Ended

Jef Vandenberghe

Director · since 08 juillet 2013

Ended

JEf Vandenberghe

Mandate · since 08 juillet 2013 · until 26 juin 2014

Ended

Laurence Steverlynck

Mandate · since 08 juillet 2013 · until 26 juin 2014

Ended

At this address

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Odilon Creations Materials & Development● Bankrupt	0878.299.960
Odilon Creations Projects & Material● Bankrupt	0822.739.152

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/07/2026	07/07/2025	07/10/2024	09/10/2023	22/07/2022	31/08/2021
General meeting	13/07/2026	10/06/2025	07/10/2024	09/10/2023	30/06/2022	31/07/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/07/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/10/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	09/10/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	31/07/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/09/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	21/05/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	14/07/2010	Dutch	PDF

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 · 2 active · 38 ended

Active mandates

MMEC

Director · since 15 juin 2011 · until 20 mai 2030 · 0479.508.711

Represented by Mottrie Mathieu

Active

Technology Driven Products & Processes

Director · since 15 juin 2011 · until 20 mai 2030 · 0834.473.281

Represented by Vandenberghe Jef

Active

Ended mandates

Jef Vandenberghe

Mandate · since 08 juillet 2013 · until 21 mai 2018

Ended

Jef Vandenberghe

Director · since 08 juillet 2013

Ended

JEf Vandenberghe

Mandate · since 08 juillet 2013 · until 26 juin 2014

Ended

Laurence Steverlynck

Mandate · since 08 juillet 2013 · until 26 juin 2014

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares27/08/2014
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/02/2013
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/08/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
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 2025-355,3 k €↑
2024
Annual accounts 2024-689,6 k €↓
2023
Annual accounts 2023-21,2 k €↓
2023
Name changeCreax
2022
Annual accounts 202224,3 k €↓
2021
Annual accounts 2021272,5 k €↑
2019
Annual accounts 201933,9 k €↓
2018
Annual accounts 201855,8 k €↑
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 20165 k €↓
2015
Annual accounts 2015140,9 k €↑
2014
Annual accounts 201419,9 k €↓
2013
Annual accounts 201357,2 k €↑
2012
Annual accounts 201217,1 k €↑
2011
Annual accounts 20113,6 k €↓
2010
Annual accounts 201035,3 k €↑
2009
Annual accounts 2009254,5 €
23/03/2009
IncorporationPublic limited company
2009
Name changeCREAX PROJECTS

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

Creax

Overview

What does Creax do?

Trend over 16 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