Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 11.1 to 9.3.
Financials
Financial year 2025
DE CRAENE from Kruisem, company number BE0405401107, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year DE CRAENE recorded revenue of € 18.9 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 9, 2025.
€ 3.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 475,453
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
100 % of the profit went to the shareholders, mostly to BEDECE (50 % of the shares). That is where the money ends up.
People and assets in 2025
9.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 579,451
▼ 3% vs 2024
€ 62,300 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.
€ 12,769
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 332,791
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 8 days on average.
€ 54,742
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,075,278 | € 18,092,908 | € 15,092,772 | € 18,927,993 | ▲ 25% |
| Profit after taxes | € 4,082,006 | € 163,162 | € 1,824,234 | € 2,507,345 | ▲ 37% |
| Equity | € 5,571,606 | € 3,607,769 | € 3,632,003 | € 3,639,347 | |
| Total debts | € 5,861,797 | € 4,798,791 | € 9,468,985 | € 9,006,527 | ▼ 5% |
| Cash | € 388,864 | € 87,493 | € 377,953 | € 475,453 | ▲ 26% |
| Land & buildings | € 23,475 | € 24,612 | € 20,578 | € 16,544 | ▼ 20% |
| Retained profit | € 5,323,713 | € 3,359,875 | € 3,384,109 | € 3,391,454 | |
| Dividend | € 0 | € 2,127,000 | € 1,800,000 | € 2,500,000 | ▲ 39% |
| Bank debt | € 4,032,400 | € 2,984,377 | € 0 | € 1,118,994 | |
| Balance sheet total | € 11,433,403 | € 8,406,560 | € 13,100,988 | € 12,645,875 | ▼ 3% |
| Employees (FTE) | 10.3 | 11.1 | 9.6 | 9.3 | ▼ 0.3 |
Key figures of DE CRAENE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DE CRAENE?
What happened at DE CRAENE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sedece BV stepped down as director. NBB
- Bedece BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.5 million (▲ 37% vs 2024). Source: NBB ↗
- Sedece BV became a director. NBB
- Bedece BV became a director. NBB
- New establishment in Kruishoutem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.1 million profit in 2022 to € 2.5 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.1 million profit.
Paid out € 6.4 million in dividends to the owners in total.
Management
The stake of BEDECE, SEDECE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE CRAENEThe shares are held by BEDECE (50%) and SEDECE (50%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Director · represented by Bruno De Craene
Also active at: REAZN BELGIUM, REAZN REAL ESTATE BELGIUM
since 2020 · until 2026
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriezone(KRU) 12
9770 Kruisem
Industriezone(KRU) zn
9770 Kruishoutem
Active since 20 June 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.401.107
- VAT number
- BE 0405.401.107
- Registered office
- Industriezone(KRU) 12, 9770 Kruisem
- Names & denominations
- DE CRAENE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1928
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
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