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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
KREAPLAST from Waregem, company number BE0432200425, closed financial year 2026 with a result of € -114,115 after tax. For that financial year KREAPLAST recorded a gross margin of € -20,318 and equity of € -1.5 million. Compared with financial year 2025, the result moved from € -158,191 to € -114,115. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -1.5 million
▼ € 114,115 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,115
▲ 28 % less loss than in 2025
Profit after tax over the fiscal year.
€ 8,864
▲ 252% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
€ 755,000
Loans from banks and other lenders, long and short.
€ 605,953
▲ € 605,143 vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 85,787 | € 74,383 | € -49,693 | € -20,318 | ▲ € 29,375 |
| Profit after taxes | € 9,848 | € -249,216 | € -158,191 | € -114,115 | ▲ € 44,076 |
| Equity | € -984,257 | € -1,233,474 | € -1,391,665 | € -1,505,780 | ▼ € 114,115 |
| Total debts | € 1,407,645 | € 1,412,086 | € 1,553,209 | € 2,270,415 | ▲ 46% |
| Cash | € 3,346 | € 357 | € 2,518 | € 8,864 | ▲ 252% |
| Land & buildings | € 173,532 | € 164,432 | € 157,826 | € 153,781 | ▼ 3% |
| Retained profit | € -2,366,757 | € -2,615,974 | € -2,774,165 | € -2,888,280 | ▼ € 114,115 |
| Bank debt | € 978,000 | € 929,000 | € 755,000 | € 755,000 | |
| Balance sheet total | € 423,387 | € 178,612 | € 161,544 | € 764,635 | ▲ € 603,090 |
Key figures of KREAPLAST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to KREAPLAST?
What happened at KREAPLAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 114,115. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,848 profit in 2023 to € 114,115 loss in 2026.
Paid € 108 in corporate taxes since 2023.
Best year ever: 2023, with € 9,848 profit.
Management
The stake of PEJO INVEST, Vincerò comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KREAPLASTBehind KREAPLAST is John Lannoo. The shares are held by PEJO INVEST (50%) and Vincerò (50%).
Directors
According to the 2026 annual accounts
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noorderlaan 76
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →OIKOS
€ -63,683 gross margin · 2025
DIMAR
€ 736 gross margin · 2025
IMMO MD
€ 2,365 gross margin · 2025
COMPAGNIE DU PARC
€ 849,775 gross margin · 2025
CRYSTAPHARM
€ 340,008 gross margin · 2025
+8 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
- 0432.200.425
- VAT number
- BE 0432.200.425
- Registered office
- Noorderlaan 76, 8790 Waregem
- Names & denominations
- KREAPLAST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1987
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
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