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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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KREON from Oudsbergen, company number BE0422344235, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year KREON recorded revenue of € 18.1 million and equity of € 12.1 million. Compared with financial year 2024, the result moved from € 38,569 to € -1.7 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 12.1 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ still € 38,569 profit in 2024
Profit after tax over the fiscal year.
€ 153,444
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.1 million.
People and assets in 2025
61.5
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 2% vs 2024
€ 82,000 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.
€ 82,638
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15.7 million
▲ 99% vs 2024
Loans from banks and other lenders, long and short.
€ 5.7 million
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.
€ 1.1 million
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,353,139 | € 20,552,306 | € 20,322,905 | € 18,083,701 | ▼ 11% |
| Profit after taxes | € -1,085,844 | € -1,493,539 | € 38,569 | € -1,746,782 | ▼ € 1.8 million |
| Equity | € 7,292,907 | € 13,799,368 | € 13,837,937 | € 12,091,155 | ▼ 13% |
| Total debts | € 20,758,405 | € 22,024,510 | € 19,272,394 | € 26,473,115 | ▲ 37% |
| Cash | € 286,413 | € 242,723 | € 155,699 | € 153,444 | ▼ 1% |
| Land & buildings | € 8,698,372 | € 8,333,734 | € 7,946,702 | € 7,593,416 | ▼ 4% |
| Retained profit | € 132,907 | € -1,360,632 | € -1,322,063 | € -3,068,845 | ▼ € 1.7 million |
| Bank debt | € 5,306,349 | € 7,175,000 | € 7,906,000 | € 15,703,000 | ▲ 99% |
| Balance sheet total | € 28,141,910 | € 35,823,878 | € 33,110,331 | € 38,564,270 | ▲ 16% |
| Employees (FTE) | 66.3 | 67.1 | 64.1 | 61.5 | ▼ 2.6 |
Key figures of KREON, 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 KREON?
What happened at KREON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rick Caris stepped down as director. NBB
- Christian Von Sassen stepped down as director. NBB
- Splendid BV stepped down as director. NBB
- Kurt Brouwers stepped down as director. NBB
- Werner Van Rethy stepped down as director. NBB
- Kristof Pycke stepped down as director. NBB
- AMJ Beheer BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 1.8 million vs 2024). Source: NBB ↗
In short
From € 1.1 million loss in 2022 to € 1.7 million loss in 2025.
Paid € 35,030 in corporate taxes since 2022.
Best year ever: 2024, with € 38,569 profit.
Pays suppliers within 115 days on average.
Management
The shares are held by Splendid BV. It owns 100% of Kreon INC, 100% of Kreon Aydinlatma, 100% of Kreon Bulgaria EOOD, 100% of Kreon Architectural Lighting ltd, 100% of Kreon Brasil and 100% of Kerong Lighting Equipment ltd itself.
Directors
According to the 2025 annual accounts
Gedelegeerd bestuurder · represented by Ben Vaessen
Also active at: DROOGHMANS, LIMEPARTS, BABECO, LMP IMMO, cf2, PROJECT STADSGRAAF, ZENZYVILLE, ALU COINVEST +4 more
since 2024 · until 2030
Kurt Brouwers
Bestuurder
since 2025 · until 2030
Werner Van Rethy
Bestuurder
since 2025 · until 2030
Rick Caris
Bestuurder
since 2026 · until 2031
Gedelegeerd bestuurder · represented by Andre Bomans
Also active at: Splendid, LIMEPARTS, BABECO, LMP IMMO, cf2, PROJECT STADSGRAAF, ZENZYVILLE, ALU COINVEST +3 more
since 2025 · until 2028
Christian Von Sassen
Bestuurder
since 2026 · until 2031
Kristof Pycke
Bestuurder
since 2025 · until 2030
Shareholders
Participations
Kreon INC
100%
Kreon Aydinlatma
100%
Kreon Bulgaria EOOD
100%
Kreon Architectural Lighting ltd
100%
Kreon Brasil
100%
Kerong Lighting Equipment ltd
100%
Kreon NL
100%
Kreon SRL
100%
Kreon Austria
100%
Kreon illuminacion Tecnica S.L.
100%
Kreon Aps
100%
Kreon Gmbh
100%
Kreon France
100%
Kreon South East Asia PTE Ltd
50%
Establishments
Establishment units
Physical locations of this company
Industrieweg-Noord 1152
3660 Oudsbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Splendid same network
€ 1.7 million revenue · 2025
BABECO same network
€ 1.1 million revenue · 2025
cf2 same network
€ -48,031 gross margin · 2025
Q-LANA EUROPE
€ -1,403 gross margin · 2025
PROJECT STADSGRAAF same network
€ 522,376 revenue · 2025
+5 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
- 0422.344.235
- VAT number
- BE 0422.344.235
- Registered office
- Industrieweg-Noord 1152, 3660 Oudsbergen
- Names & denominations
- KREON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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