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 5 to 3.
Financials
Financial year 2025
CREASAN from Knokke-Heist, company number BE0819032762, closed financial year 2025 with a result of € 82,665 after tax. For that financial year CREASAN recorded a gross margin of € 346,312 and equity of € 787,970. Compared with financial year 2024, the result moved from € 73,742 to € 82,665. 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 August 31, 2026.
€ 787,970
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,665
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 283,422
▲ 42% 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 € 769,370.
People and assets in 2025
3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 179,936
▼ 22% vs 2024
€ 60,000 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.
€ 71,787
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 93,310
▼ 34% vs 2024
€ 44,921 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,769
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,425
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 472,323 | € 467,366 | € 373,518 | € 346,312 | ▼ 7% |
| Profit after taxes | € 130,706 | € 116,101 | € 73,742 | € 82,665 | ▲ 12% |
| Equity | € 718,155 | € 770,511 | € 705,305 | € 787,970 | ▲ 12% |
| Total debts | € 209,937 | € 132,309 | € 157,292 | € 107,296 | ▼ 32% |
| Cash | € 298,835 | € 153,797 | € 199,332 | € 283,422 | ▲ 42% |
| Land & buildings | € 210,294 | € 197,274 | € 184,255 | € 171,236 | ▼ 7% |
| Retained profit | € 699,555 | € 751,911 | € 686,705 | € 769,370 | ▲ 12% |
| Dividend | € 85,092 | € 63,745 | € 138,948 | € 0 | ▼ 100% |
| Bank debt | € 132,658 | € 104,084 | € 140,643 | € 93,310 | ▼ 34% |
| Balance sheet total | € 928,092 | € 902,821 | € 862,598 | € 895,266 | ▲ 4% |
| Employees (FTE) | 5.1 | 5 | 3.9 | 3 | ▼ 0.9 |
Key figures of CREASAN, 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 CREASAN?
What happened at CREASAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,665 (▲ 12% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- Dirk Reubens became a director. NBB
- Fabienne Maes became a director. NBB
In short
From € 130,706 profit in 2022 to € 82,665 profit in 2025.
Paid € 169,208 in corporate taxes since 2022.
Best year ever: 2022, with € 130,706 profit.
On average € 115,400 of value added per employee 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 CREASAN are Dirk Reubens and Fabienne Maes. Fabienne Maes is also behind Zetus and Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist".
Directors
According to the 2025 annual accounts
Dirk Reubens
Director
since 2009
Fabienne Maes
Director
Also active at: Zetus, Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist"
since 2009
Establishments
Establishment units
Physical locations of this company
Boomgaarden 60
8300 Knokke-Heist
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
- 0819.032.762
- VAT number
- BE 0819.032.762
- Registered office
- Boomgaarden 60, 8300 Knokke-Heist
- Names & denominations
- CREASAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Sanitaire werkzaamheden
Stukadoorswerk
Reparatie en onderhoud van producten van metaal
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit