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 45 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
CREFORM from Gistel, company number BE0439584006, closed financial year 2025 with a result of € -12,288 after tax. For that financial year CREFORM recorded a gross margin of € 10,367 and equity of € 149,102. Compared with financial year 2024, the result moved from € 3,727 to € -12,288. 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 February 1, 2026.
€ 149,102
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,288
▼ still € 3,727 profit in 2024
Profit after tax over the fiscal year.
€ 5,290
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 130,510.
People and assets in 2025
€ 15,008
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 308,147
▼ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 6,463
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,262 | € 53,765 | € -1,505 | € 10,367 | ▲ € 11,872 |
| Profit after taxes | € 208 | € 6,105 | € 3,727 | € -12,288 | ▼ € 16,015 |
| Equity | € 547,968 | € 157,664 | € 161,391 | € 149,102 | ▼ 8% |
| Total debts | € 343,156 | € 534,285 | € 416,935 | € 355,297 | ▼ 15% |
| Cash | € 19,096 | € 5,020 | € 10,786 | € 5,290 | ▼ 51% |
| Land & buildings | € 154,222 | € 5,042 | € 5,807 | € 3,393 | ▼ 42% |
| Retained profit | € 132,968 | € 139,072 | € 142,799 | € 130,510 | ▼ 9% |
| Bank debt | € 281,034 | € 482,181 | € 342,181 | € 308,147 | ▼ 10% |
| Balance sheet total | € 891,124 | € 691,950 | € 578,326 | € 504,400 | ▼ 13% |
Key figures of CREFORM, 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 CREFORM?
What happened at CREFORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CREFORM is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 12,288 (▼ € 16,015 vs 2024). filed late Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 208 profit in 2022 to € 12,288 loss in 2025.
Paid € 23,974 in corporate taxes since 2022.
Best year ever: 2023, with € 6,105 profit.
Management
Behind CREFORM are Godelieve Huyghe and Philip Vanhoenacker.
Directors
According to the 2025 annual accounts
Godelieve Huyghe
Director
Philip Vanhoenacker
Director
Establishments
Establishment units
Physical locations of this company
Veldstraat 1
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0439.584.006
- VAT number
- BE 0439.584.006
- Registered office
- Veldstraat 1, 8470 Gistel
- Names & denominations
- CREFORM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 13 February 1990
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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