Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CRENEAU INTERNATIONAL from Hasselt, company number BE0436498614, closed financial year 2025 with a result of € -320,476 after tax. For that financial year CRENEAU INTERNATIONAL recorded a gross margin of € 1.3 million and equity of € 56,099. Compared with financial year 2024, the result moved from € 48,507 to € -320,476. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 56,099
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -320,476
▼ still € 48,507 profit in 2024
Profit after tax over the fiscal year.
€ 30,543
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -129,901.
People and assets in 2025
14.5
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 36% vs 2024
€ 94,700 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.
€ 101,107
▲ 27% vs 2024
Of which on lease € 99,478.
Debts at end 2025
€ 1.6 million
▲ 16% vs 2024
€ 24,650 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 737,058
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 372,911
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,049,857 | € 1,655,694 | € 2,570,451 | € 1,342,899 | ▼ 48% |
| Profit after taxes | € 226,513 | € 177,508 | € 48,507 | € -320,476 | ▼ € 368,983 |
| Equity | € 150,560 | € 328,068 | € 376,575 | € 56,099 | ▼ 85% |
| Total debts | € 3,246,539 | € 3,095,219 | € 4,206,863 | € 3,964,037 | ▼ 6% |
| Cash | € 269,748 | € 868,156 | € 238,125 | € 30,543 | ▼ 87% |
| Land & buildings | € 594,740 | € 593,597 | € 561,064 | € 531,565 | ▼ 5% |
| Retained profit | € -35,440 | € 142,068 | € 190,575 | € -129,901 | ▼ € 320,476 |
| Bank debt | € 1,668,732 | € 1,483,449 | € 1,352,423 | € 1,570,344 | ▲ 16% |
| Balance sheet total | € 3,397,099 | € 3,423,287 | € 4,583,439 | € 4,020,137 | ▼ 12% |
| Employees (FTE) | 16.8 | 16.5 | 18.1 | 14.5 | ▼ 3.6 |
Key figures of CRENEAU INTERNATIONAL, 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 CRENEAU INTERNATIONAL?
What happened at CRENEAU INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VWI stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 320,476 (▼ € 368,983 vs 2024). Source: NBB ↗
- VWI became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 226,513 profit in 2022 to € 320,476 loss in 2025.
Paid € 40,814 in corporate taxes since 2022.
Best year ever: 2022, with € 226,513 profit.
On average € 92,600 of value added per employee in 2025.
A new publication or filing at CRENEAU INTERNATIONAL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of V.W.I. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CRENEAU INTERNATIONALThe shares are held by V.W.I. (98.7%). It owns 100% of Creneau International Middle East LLC itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Werner Vanherle
Also active at: V.C.K., Blue Ocean Hospitality, Green Valley Hospitality, CRENEAU INTERNATIONAL FRANCHISE, CRENEAU INTERNATIONAL FOOD & BEVERAGE, Capricorn Real Estate, Creneau International Cho Gao
since 2022 · until 2028
Shareholders
98.7%
Participations
Creneau International Middle East LLC
100%
Establishments
Establishment units
Physical locations of this company
Hellebeemden 13
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →V.C.K. same network
€ 522,728 gross margin · 2025
CRENEAU INTERNATIONAL FRANCHISE same network
€ 198,395 gross margin · 2025
CRENEAU INTERNATIONAL FOOD & BEVERAGE same network
€ 822,474 gross margin · 2025
Capricorn Real Estate same network
€ 147,401 gross margin · 2025
Creneau International Cho Gao same network
€ 671,539 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
creneau.com
Registered
1997-12-02
Registrar
Combell NV
Expires
2026-12-01
Website info
Features
Security
Details
- Company number
- 0436.498.614
- VAT number
- BE 0436.498.614
- Registered office
- Hellebeemden 13, 3500 Hasselt
- Names & denominations
- CRENEAU INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1989
- Peppol
- Active · Active since 27 Jan 2026
- Contact
- creneau.com
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Interieurontwerp
Overige werkzaamheden in verband met de afwerking van gebouwen
Activiteiten van interieurdecorateurs
Prepress- en premediadiensten
Hulpactiviteiten in verband met drukkerijen