Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Firma Cras from Waregem, company number BE0405398137, closed financial year 2025 with a result of € -10 million after tax. Compared with financial year 2024, the result moved from € -2.6 million to € -10 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 56 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10 million
▼ 278 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30.3 million.
People and assets in 2025
35.2
▼ 11.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 13% vs 2024
€ 95,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14 million
▼ 6% vs 2024
Of which on lease € 14 million.
Debts at end 2025
€ 47 million
▼ 17% vs 2024
€ 15.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 147 days on average.
€ 1.6 million
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 26,132,055 | € -4,327,916 | € -2,642,277 | € -9,992,881 | ▼ € 7.4 million |
| Equity | € 64,649,320 | € 60,321,404 | € 57,679,127 | € 55,950,393 | ▼ 3% |
| Total debts | € 81,837,369 | € 86,984,308 | € 88,625,260 | € 74,226,475 | ▼ 16% |
| Cash | € 427,484 | € 1,707,527 | € 2,096,602 | € 3,568,182 | ▲ 70% |
| Land & buildings | € 14,315,383 | € 15,717,833 | € 16,219,142 | € 19,138,921 | ▲ 18% |
| Retained profit | € 47,243,061 | € 42,915,145 | € 40,272,868 | € 30,279,987 | ▼ 25% |
| Bank debt | € 41,277,504 | € 47,879,274 | € 56,384,127 | € 46,982,700 | ▼ 17% |
| Balance sheet total | € 146,486,689 | € 147,305,712 | € 146,304,387 | € 130,176,868 | ▼ 11% |
| Employees (FTE) | 35.7 | 46.1 | 46.8 | 35.2 | ▼ 11.6 |
Key figures of Firma Cras, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Firma Cras?
What happened at Firma Cras in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10 million. filed late Source: NBB ↗
- F. Cras Consult BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- New establishment in Waregem. KBO
In short
From € 26.1 million profit in 2022 to € 10 million loss in 2025.
Paid € 6.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 26.1 million profit.
Pays suppliers within 147 days on average.
Management
Behind Firma Cras is F. Cras Consult BV. It owns 100% of Vande Kerckhove, 100% of Decor et Jardin, 100% of JB Transp, 100% of Jules Renard, 100% of Cras and 100% of CIE Dubois Stockmans itself.
Directors
According to the 2025 annual accounts
Director · represented by Frédéric Cras
Also active at: BREMS-DOORS, Somex, Jules Renard, CIE DUBOIS - STOCKMANS, Hagima, DECOR ET JARDIN SA, VANDE KERCKHOVE, BREMS-SERVICES +5 more
since 2019
Establishments
Establishment units
Physical locations of this company
Industrielaan 5
8790 Waregem
Industrielaan 5 box .
8790 Waregem
Active since 1 December 1940
Waterven(Heu) z/n
8501 Kortrijk
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Jules Renard same network
€ 1.6 million gross margin · 2025
CIE DUBOIS - STOCKMANS same network
€ 3.2 million revenue · 2025
Te Smoor same network
€ 26,549 gross margin · 2025
BELGIAN TIMBER same network
€ 66,237 gross margin · 2025
GREEN-BEL same network
€ 435,000 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.398.137
- VAT number
- BE 0405.398.137
- Registered office
- Industrielaan 5, 8790 Waregem
- Names & denominations
- Firma Cras
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1940
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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