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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CREAGEN from Grimbergen, company number BE0459619850, closed financial year 2025 with a result of € -150,391 after tax. For that financial year CREAGEN recorded a gross margin of € 198,987 and equity of € 139,362. Compared with financial year 2024, the result moved from € 31,703 to € -150,391. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2026.
€ 139,362
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -150,391
▼ still € 31,703 profit in 2024
Profit after tax over the fiscal year.
€ 4,085
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -566,838.
People and assets in 2025
2.2
Average over the fiscal year, from the social balance sheet.
€ 58,196
▲ 3% vs 2024
€ 26,500 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.
€ 49,003
▼ 28% vs 2024
Of which on lease € 6,208.
Debts at end 2025
€ 339,394
▼ 36% vs 2024
€ 110,658 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 49,396
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,041
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 362,554 | € 256,500 | € 318,646 | € 198,987 | ▼ 38% |
| Profit after taxes | € -79,509 | € -99,999 | € 31,703 | € -150,391 | ▼ € 182,094 |
| Equity | € 358,049 | € 258,050 | € 289,753 | € 139,362 | ▼ 52% |
| Total debts | € 6,448,870 | € 6,310,507 | € 6,253,735 | € 12,558,130 | ▲ 101% |
| Cash | € 29,111 | - | - | € 4,085 | |
| Land & buildings | € 5,643,801 | € 5,460,446 | € 5,341,862 | € 5,128,354 | ▼ 4% |
| Retained profit | € -348,151 | € -448,150 | € -416,447 | € -566,838 | ▼ € 150,391 |
| Bank debt | € 827,168 | € 652,650 | € 526,574 | € 339,394 | ▼ 36% |
| Balance sheet total | € 6,864,101 | € 6,623,253 | € 6,595,698 | € 12,747,216 | ▲ 93% |
| Employees (FTE) | 2.5 | 2.2 | 2.2 | 2.2 |
Key figures of CREAGEN, 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 CREAGEN?
What happened at CREAGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 150,391 (▼ € 182,094 vs 2024). filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,509 loss in 2022 to € 150,391 loss in 2025.
Paid € 161,805 in corporate taxes since 2022.
Best year ever: 2024, with € 31,703 profit.
On average € 90,400 of value added per employee in 2025.
Management
Behind CREAGEN is Luc Van Mol. It owns 50% of Everest Urban Living, 50% of VMF Urban Living, 45% of Everest Real Estate and 45% of Everest Pinnacle itself.
Directors
According to the 2025 annual accounts
Luc Van Mol
Director
Also active at: De Volder & Co., Garage Van der Smissen, LAST FRONTIER, WASKO, KADONATION, LUKA, VMF URBAN LIVING, EVEREST URBAN LIVING +7 more
Establishments
Establishment units
Physical locations of this company
Kasteelhofstraat 19
1852 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0459.619.850
- VAT number
- BE 0459.619.850
- Registered office
- Kasteelhofstraat 19, 1852 Grimbergen
- Names & denominations
- CREAGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1997
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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