Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CROGEN from Knokke-Heist, company number BE0465556151, closed financial year 2025 with a result of € -26,493 after tax. For that financial year CROGEN recorded a gross margin of € -25,049 and equity of € -114,903. Compared with financial year 2024, the result moved from € -19,752 to € -26,493. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -114,903
▼ € 26,493 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,493
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 47,150
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -176,876.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 549
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,606
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,035 | € -8,663 | € -17,044 | € -25,049 | ▼ € 8,005 |
| Profit after taxes | € -19,239 | € -12,029 | € -19,752 | € -26,493 | ▼ € 6,741 |
| Equity | € -56,629 | € -68,658 | € -88,410 | € -114,903 | ▼ € 26,493 |
| Total debts | € 67,715 | € 82,626 | € 322,610 | € 278,694 | ▼ 14% |
| Cash | - | - | € 217,704 | € 47,150 | ▼ 78% |
| Retained profit | € -118,602 | € -130,631 | € -150,383 | € -176,876 | ▼ € 26,493 |
| Bank debt | € 7,158 | € 5,403 | € 0 | € 0 | |
| Balance sheet total | € 11,086 | € 13,968 | € 234,200 | € 163,791 | ▼ 30% |
Key figures of CROGEN, 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 CROGEN?
What happened at CROGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,493. filed late Source: NBB ↗
- Luc De Paepe became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,239 loss in 2022 to € 26,493 loss in 2025.
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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
Behind CROGEN is Luc De Paepe. Luc De Paepe is also behind CULKIN.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Zeedijk-Heist 246 box 71
8301 Knokke-Heist
Ajuinlei 1
9000 Gent
Active since 23 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0465.556.151
- VAT number
- BE 0465.556.151
- Registered office
- Zeedijk-Heist 246 bus 71, 8301 Knokke-Heist
- Names & denominations
- CROGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1999
- Peppol
- Active · Active since 16 Apr 2026
- Activities · NACE
Activiteiten van incasso- en kredietbureaus
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige zakelijke dienstverlening, neg