Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.2 to 3.7.
Financials
Financial year 2025
Krezo from Zottegem, company number BE0810069170, closed financial year 2025 with a result of € 95 after tax. For that financial year Krezo recorded a gross margin of € 138,841 and equity of € 126,236. Compared with financial year 2024, the result moved from € -3,541 to € 95. 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 July 3, 2026.
€ 126,236
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95
▲ still € 3,541 loss in 2024
Profit after tax over the fiscal year.
€ 12,083
▲ 13% 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 € 120,036.
People and assets in 2025
3.7
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 120,572
▼ 6% vs 2024
€ 32,600 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.
€ 5,391
▲ € 4,843 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,416
▼ 6% vs 2024
€ 11,884 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 34,696
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,642
▲ 174% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,154 | € 147,773 | € 140,574 | € 138,841 | ▼ 1% |
| Profit after taxes | € 1,784 | € -16,437 | € -3,541 | € 95 | ▲ € 3,636 |
| Equity | € 146,119 | € 129,682 | € 126,141 | € 126,236 | |
| Total debts | € 114,006 | € 117,828 | € 107,622 | € 127,452 | ▲ 18% |
| Cash | € 4,908 | € 10,288 | € 10,719 | € 12,083 | ▲ 13% |
| Retained profit | € 139,919 | € 123,482 | € 119,941 | € 120,036 | |
| Bank debt | € 62,843 | € 39,334 | € 33,257 | € 31,416 | ▼ 6% |
| Balance sheet total | € 260,126 | € 247,510 | € 233,762 | € 253,688 | ▲ 9% |
| Employees (FTE) | 3.4 | 4.2 | 4 | 3.7 | ▼ 0.3 |
Key figures of Krezo, 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 Krezo?
What happened at Krezo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95. Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,784 profit in 2022 to € 95 profit in 2025.
Paid € 2,164 in corporate taxes since 2022.
Best year ever: 2022, with € 1,784 profit.
On average € 37,500 of value added per employee in 2025.
Management
The stake of LVL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KrezoBehind Krezo is LVL BV. The shares are held by LVL (99%).
Establishments
Establishment units
Physical locations of this company
Godveerdegemstraat 128
9620 Zottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0810.069.170
- VAT number
- BE 0810.069.170
- Registered office
- Godveerdegemstraat 128, 9620 Zottegem
- Names & denominations
- Krezo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2009
- Peppol
- Active · Active since 12 Feb 2025
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