ACTIVE

CreFin

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Financial year 2025 · closed on 31/12/2025

Net result

33,5 k €

+11.5% YoY

Gross margin

120,3 k €

+11.1% YoY

Equity

857 k €

-0.5% YoY

What does CreFin do?

CreFin is a Private limited company incorporated in 2010. Its main activity is: Public relations and communication activities. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0822.355.805

Incorporation

18/01/2010

Legal form

Private limited company

Registered office

Sint-Geertruistraat 162
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 68310Real estate agencies 68311Real estate agencies+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	120,3 k €	+11.1%	108,3 k €	+67.9%	64,5 k €	-8.1%	70,2 k €	-10.3%	78,3 k €	-59.4%	192,8 k €	-45.9%	356,4 k €	-5.8%	378,4 k €	+29.7%	291,7 k €	+105%	142,1 k €	+6.4%	133,6 k €	+160%	51,4 k €	-36.6%	81 k €	+9.5%	74 k €	+95.6%	37,8 k €	-0.6%	38 k €
EBITDA	114 k €	+9.5%	104,1 k €	+80.1%	57,8 k €	-11.0%	64,9 k €	-12.2%	74 k €	-60.6%	187,8 k €	-46.8%	353,2 k €	-5.2%	372,7 k €	+31.0%	284,5 k €	+104%	139,6 k €	+7.1%	130,3 k €	+167%	48,8 k €	-38.4%	79,3 k €	+10.3%	71,8 k €	+97.5%	36,4 k €	-2.6%	37,4 k €
Operating result	47,4 k €	+9.8%	43,1 k €	+171%	15,9 k €	-57.9%	37,8 k €	+23.5%	30,6 k €	-78.9%	145,4 k €	-55.4%	325,8 k €	-5.8%	345,8 k €	+33.7%	258,6 k €	+105%	126,5 k €	+7.2%	117,9 k €	+204%	38,8 k €	-44.9%	70,5 k €	+12.3%	62,8 k €	+128%	27,5 k €	-22.5%	35,5 k €
Net result	33,5 k €	+11.5%	30 k €	+313%	7,3 k €	-76.6%	31,1 k €	+66.1%	18,7 k €	-81.2%	99,7 k €	-51.8%	206,8 k €	-9.5%	228,6 k €	+50.5%	151,9 k €	+90.5%	79,7 k €	+21.3%	65,7 k €	+133%	28,2 k €	-2.8%	29,1 k €	-31.3%	42,3 k €	+135%	18 k €	-22.8%	23,3 k €
Balance sheet
Equity	857 k €	-0.5%	861,2 k €	+3.6%	831,2 k €	+0.9%	823,9 k €	+3.9%	792,9 k €	+2.4%	774,1 k €	-7.8%	839,8 k €	+32.7%	633 k €	+56.5%	404,5 k €	+60.1%	252,6 k €	+18.7%	212,8 k €	+44.7%	147,1 k €	+23.8%	118,9 k €	+32.4%	89,8 k €	+89.0%	47,5 k €	+61.0%	29,5 k €
Total assets	1,2 M €	+0.3%	1,2 M €	+0.3%	1,2 M €	-2.5%	1,2 M €	-0.1%	1,2 M €	-12.3%	1,4 M €	+10.6%	1,3 M €	+64.3%	774,1 k €	+31.7%	587,9 k €	+69.3%	347,1 k €	+19.5%	290,5 k €	+57.4%	184,5 k €	+34.0%	137,7 k €	-14.6%	161,3 k €	+43.4%	112,5 k €	+142%	46,4 k €
Cash	268,8 k €	+33.1%	202 k €	-16.5%	241,9 k €	-10.1%	269,1 k €	-31.0%	390,3 k €	-20.9%	493,2 k €	-29.5%	699,3 k €	+4.1%	671,6 k €	+69.2%	397 k €	+30.2%	305 k €	+27.2%	239,7 k €	+64.5%	145,7 k €	+36.9%	106,4 k €	+22.9%	86,6 k €	+392%	17,6 k €	-40.4%	29,5 k €
Debts	352,5 k €	+2.3%	344,5 k €	-7.2%	371,4 k €	-9.3%	409,5 k €	-7.2%	441,3 k €	-30.3%	633 k €	+121%	286,7 k €	+103%	141,1 k €	-23.1%	183,4 k €	+94.0%	94,6 k €	+21.8%	77,6 k €	+108%	37,3 k €	+122%	16,7 k €	-75.8%	69,3 k €	+8.3%	64 k €	+279%	16,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Erwin Delandshere

Mandate

Active

Ended mandates

Erwin Delandshere

Administrator - manager · since 15 janvier 2010

Ended

Erwin Delandshere

Manager · since 15 janvier 2010

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	20/07/2026	01/08/2025	03/07/2024	28/07/2023	29/08/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	20/07/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	01/08/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	30/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	28/07/2011	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Erwin Delandshere

Mandate

Active

Ended mandates

Erwin Delandshere

Administrator - manager · since 15 janvier 2010

Ended

Erwin Delandshere

Manager · since 15 janvier 2010

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring07/02/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/04/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office29/01/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other20/01/2010
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

2025
Annual accounts 202533,5 k €↑
2024
Annual accounts 202430 k €↑
2023
Annual accounts 20237,3 k €↓
2022
Annual accounts 202231,1 k €↑
2021
Annual accounts 202118,7 k €↓
2020
Annual accounts 202099,7 k €↓
2019
Annual accounts 2019206,8 k €↓
2018
Annual accounts 2018228,6 k €↑
2017
Annual accounts 2017151,9 k €↑
2016
Annual accounts 201679,7 k €↑
2015
Annual accounts 201565,7 k €↑
2014
Annual accounts 201428,2 k €↓
2013
Annual accounts 201329,1 k €↓
2012
Annual accounts 201242,3 k €↑
2011
Annual accounts 201118 k €↓
2010
Annual accounts 201023,3 k €
18/01/2010
IncorporationPrivate 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

CreFin

Overview

What does CreFin do?

Trend over 16 financial years

Indicative valuation

Board of directors

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