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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KREDO KEUKENDESIGN from Lummen, company number BE0455008291, closed financial year 2025 with a result of € -493,673 after tax. For that financial year KREDO KEUKENDESIGN recorded a gross margin of € 1.2 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -82,302 to € -493,673. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.5 million
▲ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -493,673
▼ 500 % more loss than in 2024
Profit after tax over the fiscal year.
€ 165,004
▲ 112% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,890.
People and assets in 2025
15.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 3% vs 2024
€ 93,800 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.
€ 4,148
▼ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 19% vs 2024
€ 182,261 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.4 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 229,203
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,765,394 | € 1,585,203 | € 1,569,795 | € 1,196,059 | ▼ 24% |
| Profit after taxes | € 197,386 | € 30,962 | € -82,302 | € -493,673 | ▼ € 411,371 |
| Equity | € 809,903 | € 840,865 | € 758,564 | € 1,464,890 | ▲ 93% |
| Total debts | € 2,940,737 | € 3,395,869 | € 2,546,132 | € 3,119,351 | ▲ 23% |
| Cash | € 112,374 | € 70,450 | € 77,888 | € 165,004 | ▲ 112% |
| Land & buildings | € 702,072 | € 644,423 | € 632,514 | € 1,869,505 | ▲ 196% |
| Retained profit | € 579,903 | € 610,865 | € 528,564 | € 34,890 | ▼ 93% |
| Bank debt | € 1,320,366 | € 1,930,296 | € 1,221,470 | € 1,456,790 | ▲ 19% |
| Balance sheet total | € 3,750,641 | € 4,236,735 | € 3,304,695 | € 4,584,241 | ▲ 39% |
| Employees (FTE) | 17.6 | 16.1 | 16.6 | 15.3 | ▼ 1.3 |
Key figures of KREDO KEUKENDESIGN, 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 KREDO KEUKENDESIGN?
What happened at KREDO KEUKENDESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 493,673. Source: NBB ↗
- Diane Truyers became a director. NBB
- New establishment in Lummen. KBO
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 197,386 profit in 2022 to € 493,673 loss in 2025.
Paid € 83,658 in corporate taxes since 2022.
Best year ever: 2022, with € 197,386 profit.
On average € 78,200 of value added per employee in 2025.
Management
Behind KREDO KEUKENDESIGN is Diane Truyers.
Directors
According to the 2025 annual accounts
Diane Truyers
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Bosstraat 77
3560 Lummen
Molemstraat 29 box 2
3560 Lummen
Active since 16 May 1995
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
- 0455.008.291
- VAT number
- BE 0455.008.291
- Registered office
- Bosstraat 77, 3560 Lummen
- Names & denominations
- KREDO KEUKENDESIGN · KREDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
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