Financials
Financial year 2025
CREDES from Machelen (Brab.), company number BE0455904948, closed financial year 2025 with a result of € 18,120 after tax. For that financial year CREDES recorded a gross margin of € 47,544 and equity of € 178,973. Compared with financial year 2024, the result moved from € 4,633 to € 18,120. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 178,973
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,120
▲ 291% vs 2024
Profit after tax over the fiscal year.
€ 46,767
▲ 14% 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 € 160,381.
Debts at end 2025
€ 105,000
▼ 22% vs 2024
€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 15,050
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,831
▲ 150% 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 | € 51,958 | € 87,280 | € 40,627 | € 47,544 | ▲ 17% |
| Profit after taxes | € 14,110 | € 49,809 | € 4,633 | € 18,120 | ▲ 291% |
| Equity | € 106,411 | € 156,220 | € 160,853 | € 178,973 | ▲ 11% |
| Total debts | € 242,006 | € 182,026 | € 157,064 | € 125,667 | ▼ 20% |
| Cash | € 12,602 | € 24,171 | € 40,960 | € 46,767 | ▲ 14% |
| Land & buildings | € 317,171 | € 296,433 | € 272,184 | € 251,728 | ▼ 8% |
| Retained profit | € 87,819 | € 137,628 | € 142,261 | € 160,381 | ▲ 13% |
| Bank debt | € 207,716 | € 169,301 | € 135,000 | € 105,000 | ▼ 22% |
| Balance sheet total | € 348,417 | € 338,246 | € 317,917 | € 304,640 | ▼ 4% |
Key figures of CREDES, 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 CREDES?
What happened at CREDES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,120 (▲ 291% vs 2024). filed late Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 14,110 profit in 2022 to € 18,120 profit in 2025.
Paid € 6,872 in corporate taxes since 2022.
Best year ever: 2023, with € 49,809 profit.
Management
Behind CREDES are Steven Palstermans and Jan Bensch. The same people are also behind BRIDGE AVIATION, ARES and BP PRECISION AIRLINE SERVICES. Steven Palstermans is also behind GILYJAN Aviation.
Directors
According to the 2025 annual accounts
Steven Palstermans
Director
Also active at: BRIDGE AVIATION, GILYJAN Aviation, ARES, BP PRECISION AIRLINE SERVICES
Establishments
Establishment units
Physical locations of this company
Zaventemsesteenweg 89 A
1831 Machelen (Brab.)
Zaventemsesteenweg 89A
1831 Machelen (Brab.)
Active since 27 March 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.904.948
- VAT number
- BE 0455.904.948
- Registered office
- Zaventemsesteenweg 89 A, 1831 Machelen (Brab.)
- Names & denominations
- CREDES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1995
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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