Financials
Financial year 2025
CROES from Geetbets, company number BE0416847602, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year CROES recorded revenue of € 29.4 million and equity of € 8.6 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 8.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.9 million paid out
86 % of the profit went to the shareholders, mostly to CROFIN (100 % of the shares). That is where the money ends up.
People and assets in 2025
41.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 5% vs 2024
€ 76,900 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.
€ 2.2 million
▲ 1% vs 2024
Of which on lease € 986,477.
Debts at end 2025
€ 1.6 million
€ 593,779 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5.2 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 190,736
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,107,947 | € 20,294,351 | € 25,336,157 | € 29,370,778 | ▲ 16% |
| Profit after taxes | € 16,789 | € 1,737,751 | € 1,827,374 | € 2,203,120 | ▲ 21% |
| Equity | € 8,056,237 | € 8,055,433 | € 8,298,163 | € 8,635,586 | ▲ 4% |
| Total debts | € 6,024,235 | € 8,299,068 | € 8,516,580 | € 9,258,664 | ▲ 9% |
| Cash | € 895,402 | € 1,136,022 | € 1,569,022 | € 1,844,669 | ▲ 18% |
| Land & buildings | € 148,420 | € 148,420 | € 148,420 | € 148,420 | |
| Retained profit | € 7,987,237 | € 7,986,433 | € 8,229,163 | € 8,527,658 | ▲ 4% |
| Dividend | € 0 | € 1,738,555 | € 1,584,644 | € 1,904,624 | ▲ 20% |
| Bank debt | € 2,268,939 | € 2,529,084 | € 1,553,732 | € 1,558,675 | |
| Balance sheet total | € 14,088,412 | € 16,358,990 | € 16,815,782 | € 17,894,250 | ▲ 6% |
| Employees (FTE) | 44 | 44.5 | 42.3 | 41.5 | ▼ 0.8 |
Key figures of CROES, 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 CROES?
What happened at CROES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vecro Financial Management BV stepped down as director. NBB
- Escro Marketing Management BV stepped down as director. NBB
- Jecro Executive Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ 21% vs 2024). Source: NBB ↗
- Compass Audit BV stepped down as director. NBB
- Vecro Financial Management BV became a director. NBB
- Escro Marketing Management BV became a director. NBB
- Jecro Executive Management BV became a director. NBB
In short
From € 16,789 profit in 2022 to € 2.2 million profit in 2025.
Paid € 545,557 in corporate taxes since 2022.
Best year ever: 2025, with € 2.2 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
The stake of CROFIN, JECRO Executive Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CROESThe shares are held by CROFIN (100%) and JECRO Executive Management (0%).
Directors
According to the 2025 annual accounts
Director · represented by Vanessa Croes
Also active at: RECYCLAGE EN COMPOSTERING, CLC VERSAGE, IMMOCROES, BELGISCHE BODEM CENTRALE, CROFIN
since 2026 · until 2032
Director · represented by Sara Croes
Also active at: RECYCLAGE EN COMPOSTERING, CLC VERSAGE, IMMOCROES, BELGISCHE BODEM CENTRALE, CROFIN
since 2026 · until 2032
Director · represented by Joeri Croes
Also active at: RECYCLAGE EN COMPOSTERING, CLC VERSAGE, BELGISCHE BODEM CENTRALE, CROFIN
since 2026 · until 2032
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ganzenweg 9
3450 Geetbets
Hasseltsesteenweg 119
3800 Sint-Truiden
Active since 19 February 2015
Rue de Jemeppe 228
4431 Ans
Active since 29 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.847.602
- VAT number
- BE 0416.847.602
- Registered office
- Ganzenweg 9, 3450 Geetbets
- Names & denominations
- CROES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 1977
- Peppol
- Active · Active since 27 Nov 2024
- Activities · NACE
Slopen
Slopen van gebouwen
Bouwrijp maken van terreinen
Grondverzet
Groothandel in bouwmaterialen, algemeen assortiment
Bouw van autowegen en andere wegen
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten