Financials
Financial year 2025
Cricut Belgium from Avelgem, company number BE0746485769, closed financial year 2025 with a result of € 69,990 after tax. For that financial year Cricut Belgium recorded a gross margin of € 1.4 million and equity of € 325,433. Compared with financial year 2023, the result moved from € 63,223 to € 69,990. 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 September 24, 2026.
€ 325,433
▲ 77% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,990
▲ 11% vs 2023
Profit after tax over the fiscal year.
€ 123,627
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 324,433.
People and assets in 2025
3
▲ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 49% vs 2023
€ 425,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,031
▼ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 89,921
▲ 48% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,625,072 | - | |
| Gross margin | € 890,241 | € 824,113 | € 941,258 | € 1,377,417 | ▲ 46% |
| Profit after taxes | € 64,028 | € 55,927 | € 63,223 | € 69,990 | ▲ 11% |
| Equity | € 65,028 | € 120,955 | € 184,177 | € 325,433 | ▲ 77% |
| Total debts | € 217,307 | € 124,061 | € 191,184 | € 123,332 | ▼ 35% |
| Cash | € 45,003 | € 156,828 | € 188,579 | € 123,627 | ▼ 34% |
| Retained profit | € 64,028 | € 119,955 | € 183,177 | € 324,433 | ▲ 77% |
| Balance sheet total | € 282,335 | € 245,015 | € 375,361 | € 448,765 | ▲ 20% |
| Employees (FTE) | 2 | 2 | 2 | 3 | ▲ 1 |
Key figures of Cricut Belgium, fiscal years 2021 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 Cricut Belgium?
What happened at Cricut Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,990 (▲ 11% vs 2023). filed late Source: NBB ↗
- Lauren Curtin became a director. NBB
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,028 profit in 2021 to € 69,990 profit in 2025.
Paid € 96,525 in corporate taxes since 2021.
Best year ever: 2025, with € 69,990 profit.
On average € 459,100 of value added per employee in 2025.
Management
Behind Cricut Belgium is Lauren Curtin.
Directors
According to the 2025 annual accounts
Lauren Curtin
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Burchthof 10/11
8580 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.485.769
- VAT number
- BE 0746.485.769
- Registered office
- Burchthof 10/11, 8580 Avelgem
- Names & denominations
- Cricut Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2020
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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