ACTIVE

CRIELAARD KOLLEGIUM - Défense Expertises Médicales

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Financial year 2025 · Closed on 31/12/2025

Net result483,1 k €-3,6 %over 1 year

Gross margin678,6 k €-10,7 %over 1 year

Equity2,3 M €+26,6 %over 1 year

Workforce1,0 ETP+25,0 %over 1 year

Identity

Source · BCE/KBO

CRIELAARD KOLLEGIUM - Défense Expertises Médicales is a Private limited company incorporated in 2012. Its main activity is: Specialist medical practice activities. Its registered office is in Liège. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0845.619.373
Incorporation: 30/04/2012
Legal form: Private limited company
Registered office: Place des Nations-Unies 14
4020 Liège · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

86220Specialist medical practice activities· main 86220Specialist medical practice activities 71209Technical testing and analysis 71209Technical testing and analysis

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	678,6 k €	-10.7%	760 k €	+32.4%	573,9 k €	+44.4%	397,4 k €	-27.7%	549,3 k €
EBITDA	632,8 k €	-12.7%	724,6 k €	+37.1%	528,4 k €	+51.0%	349,9 k €	-31.8%	513,3 k €
Operating result	619,5 k €	-13.0%	712,1 k €	+36.0%	523,7 k €	+50.6%	347,8 k €	-32.0%	511,4 k €
Net result	483,1 k €	-3.6%	501,1 k €	+35.6%	369,6 k €	+55.6%	237,5 k €	-32.5%	351,7 k €
Balance sheet
Equity	2,3 M €	+26.6%	1,8 M €	+9.0%	1,7 M €	+2.8%	1,6 M €	-0.3%	1,6 M €
Total assets	2,4 M €	+1.6%	2,4 M €	+7.2%	2,2 M €	+7.6%	2 M €	+6.8%	1,9 M €
Cash	139,4 k €	-35.4%	215,9 k €	-81.5%	1,2 M €	+133%	501,5 k €	-54.2%	1,1 M €
Debts	95,1 k €	-82.4%	540,9 k €	+1.8%	531,2 k €	+26.0%	421,7 k €	+47.5%	285,9 k €
Other
Workforce	1,0 ETP	+25.0%	0,8 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Michel CRIELAARD	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JM CRIELAARD	Manager01/04/2012 → 30/06/2026Director
Société Médicale du Docteur Kurth Isabelle0822.840.607Represented by Isabelle Kurth	Manager01/04/2012 → 30/06/2026
JEAN CRIELAARD	Managing director

Full financial information

Source · NBB

	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	18/07/2026	23/09/2025	07/10/2024	06/10/2023	30/08/2022	27/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	18/07/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	23/09/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	07/10/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	06/10/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	12/11/2020	French	PDF
Micro model	31/12/2018	30/06/2019	10/10/2019	French	PDF
Micro model	31/12/2017	30/06/2018	28/09/2018	French	PDF
Micro model	31/12/2016	30/06/2017	27/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	29/09/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	28/11/2013	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Michel CRIELAARD	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JM CRIELAARD	Manager01/04/2012 → 30/06/2026Director
Société Médicale du Docteur Kurth Isabelle0822.840.607Represented by Isabelle Kurth	Manager01/04/2012 → 30/06/2026
JEAN CRIELAARD	Managing director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/08/2020
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates17/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates17/02/2017
DEMISSIONS, NOMINATIONS
PDF
Other11/05/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Société Médicale du Docteur Kurth Isabelle

JM CRIELAARD

201220132014201520162017201820192020202120222023202420252026

CRIELAARD KOLLEGIUM - Défense Expertises MédicalesCKDEX

Place des Nations-Unies 14, 4020 Liège-4020

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Place des Nations-Unies 14, 4020 Liège-4020Current	accounts 2021 → 2025	Accounts 2025 · 2026-00319370

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CRIELAARD KOLLEGIUM - Défense Expertises MédicalesCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00319370
CKDEX	accounts 2021 → 2023	Accounts 2023 · 2024-00496544

Events

2025
Annual accounts 2025483,1 k €↓
2024
Annual accounts 2024501,1 k €↑
2024
Name changeCRIELAARD KOLLEGIUM - Défense Expertises Médicales
2023
Annual accounts 2023369,6 k €↑
2022
Annual accounts 2022237,5 k €↓
2021
Annual accounts 2021351,7 k €↑
2020
Annual accounts 2020305,3 k €↓
2019
Annual accounts 2019352 k €↑
2018
Annual accounts 2018324,6 k €↑
2017
Annual accounts 2017242,6 k €↑
2016
Annual accounts 2016198,1 k €↓
2015
Annual accounts 2015226,9 k €↑
2014
Annual accounts 2014170,4 k €↓
2013
Annual accounts 2013184,1 k €↑
2012
Annual accounts 2012116,9 k €
30/04/2012
IncorporationPrivate limited company

CRIELAARD KOLLEGIUM - Défense Expertises Médicales

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events