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.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CREATREE from Ieper, company number BE0807332681, closed financial year 2025 with a result of € 11,074 after tax. For that financial year CREATREE recorded a gross margin of € 15,533 and equity of € -2,703. Compared with financial year 2024, the result moved from € -1,706 to € 11,074. Profitable, and profit is growing. 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 July 10, 2026.
€ -2,703
▲ € 11,074 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,074
▲ still € 1,706 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -10,203.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 25,693
Loans from banks and other lenders, long and short.
€ 44,534
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,481
▲ 170% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,274 | € 13,493 | € 3,670 | € 15,533 | ▲ € 11,862 |
| Profit after taxes | € -9,881 | € 5,930 | € -1,706 | € 11,074 | ▲ € 12,780 |
| Equity | € -18,001 | € -12,071 | € -13,777 | € -2,703 | ▲ € 11,074 |
| Total debts | € 95,662 | € 117,917 | € 102,172 | € 76,071 | ▼ 26% |
| Retained profit | € -25,501 | € -19,571 | € -21,277 | € -10,203 | ▲ € 11,074 |
| Bank debt | € 21,822 | € 26,694 | € 25,789 | € 25,693 | |
| Balance sheet total | € 77,661 | € 105,846 | € 88,396 | € 73,368 | ▼ 17% |
Key figures of CREATREE, 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 CREATREE?
What happened at CREATREE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,074. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
- JÜRGEN KESTELOOT became a director. NBB
In short
From € 9,881 loss in 2022 to € 11,074 profit in 2025.
Paid € 517 in corporate taxes since 2022.
Best year ever: 2025, with € 11,074 profit.
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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
Directors
According to the 2025 annual accounts
JÜRGEN KESTELOOT
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Wervikstraat 171
8902 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0807.332.681
- VAT number
- BE 0807.332.681
- Registered office
- Wervikstraat 171, 8902 Ieper
- Names & denominations
- CREATREE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2008
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Landschapsverzorging
Overige gespecialiseerde bouwactiviteiten, neg
Ondersteunende diensten in verband met de bosbouw
Overige gespecialiseerde bouwwerkzaamheden