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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CREAH from Kortrijk, company number BE0448176919, closed financial year 2025 with a result of € 159,370 after tax. For that financial year CREAH recorded a gross margin of € 70,517 and equity of € 421,587. Compared with financial year 2024, the result moved from € 138,441 to € 159,370. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 421,587
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 159,370
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 71,026
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -703,413.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,563
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,485
▲ 162% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,588 | € 41,114 | € 47,432 | € 70,517 | ▲ 49% |
| Profit after taxes | € 3,363 | € 52,118 | € 138,441 | € 159,370 | ▲ 15% |
| Equity | € 71,657 | € 123,776 | € 262,217 | € 421,587 | ▲ 61% |
| Total debts | € 2,837,090 | € 3,317,090 | € 3,190,010 | € 2,655,475 | ▼ 17% |
| Cash | € 67,015 | € 45,769 | € 57,973 | € 71,026 | ▲ 23% |
| Land & buildings | € 1,327,186 | € 1,245,716 | € 1,165,028 | € 1,084,503 | ▼ 7% |
| Retained profit | € -1,053,343 | € -1,001,224 | € -862,783 | € -703,413 | ▲ € 159,370 |
| Balance sheet total | € 2,908,748 | € 3,440,866 | € 3,452,227 | € 3,077,062 | ▼ 11% |
Key figures of CREAH, 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 March 2027.
What happened to CREAH?
What happened at CREAH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CHARICK NV stepped down as director. NBB
- JOANNE VANDEN AVENNE stepped down as director. NBB
- ELODIE VANDEN AVENNE stepped down as director. NBB
- EMMA VANDEN AVENNE stepped down as director. NBB
- HAROLD VANDEN AVENNE stepped down as director. NBB
- LYNN - MARIE VANDEN AVENNE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 159,370 (▲ 15% vs 2024). Source: NBB ↗
- CHARICK NV became a director. NBB
In short
From € 3,363 profit in 2022 to € 159,370 profit in 2025.
Paid € 24,190 in corporate taxes since 2022.
Best year ever: 2025, with € 159,370 profit.
A new publication or filing at CREAH? 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 Charick comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CREAHThe shares are held by Charick (45.6%).
Directors
According to the 2025 annual accounts
Managing director · represented by VLERICK CHARLOTTE
Also active at: CALIBRA, Jardin Beyaert
since 2021 · until 2027
since 2021 · until 2027
ELODIE VANDEN AVENNE
Director
since 2021 · until 2027
EMMA VANDEN AVENNE
Director
since 2021 · until 2027
HAROLD VANDEN AVENNE
Managing director
since 2021 · until 2027
LYNN - MARIE VANDEN AVENNE
Director
since 2021 · until 2027
Shareholders
45.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolvenstraat(Kor) 21 Z
8500 Kortrijk
Wolvenstraat(Kor) 21
8500 Kortrijk
Active since 15 February 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.176.919
- VAT number
- BE 0448.176.919
- Registered office
- Wolvenstraat(Kor) 21 Z, 8500 Kortrijk
- Names & denominations
- CREAH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1992
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
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