Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 233.4 to 200.4.
Financials
Financial year 2025
CRAS from Waregem, company number BE0882268745, closed financial year 2025 with a result of € -10.7 million after tax. For that financial year CRAS recorded revenue of € 106.3 million and equity of € 17.3 million. Compared with financial year 2024, the result moved from € -4.8 million to € -10.7 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 17.3 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10.7 million
▼ 124 % more loss than in 2024
Profit after tax over the fiscal year.
€ 137,432
▲ 243% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2025
200.4
▼ 30 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.1 million
▼ 7% vs 2024
€ 70,400 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.
€ 5.2 million
▼ 9% vs 2024
Of which on lease € 4.8 million.
Debts at end 2025
€ 11.3 million
€ 721,760 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 16.1 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 1.9 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 130,675,272 | € 120,794,370 | € 112,336,185 | € 106,324,633 | ▼ 5% |
| Profit after taxes | € -1,472,380 | € -9,208,938 | € -4,757,862 | € -10,652,438 | ▼ € 5.9 million |
| Equity | € 32,677,529 | € 23,468,591 | € 18,710,729 | € 17,292,285 | ▼ 8% |
| Total debts | € 39,678,168 | € 38,922,221 | € 42,817,961 | € 39,464,552 | ▼ 8% |
| Cash | € 45,702 | € 55,728 | € 40,105 | € 137,432 | ▲ 243% |
| Land & buildings | € 3,956,336 | € 4,156,688 | € 3,322,961 | € 12,154,821 | ▲ 266% |
| Retained profit | € 21,804,235 | € 12,595,297 | € 7,789,225 | € -2,863,213 | ▼ € 10.7 million |
| Bank debt | € 12,564,091 | € 14,707,386 | € 11,253,074 | € 11,257,444 | |
| Balance sheet total | € 72,355,698 | € 62,395,346 | € 61,533,223 | € 56,761,371 | ▼ 8% |
| Employees (FTE) | 247.5 | 233.4 | 230.4 | 200.4 | ▼ 30 |
By revenue, CRAS ranks 2nd of 25 companies with main activity “Groothandel in hout” in West Flanders that publish figures (fiscal year 2025).
Key figures of CRAS, 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.
Ask about CRAS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to CRAS?
What happened at CRAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10.7 million. filed late Source: NBB ↗
- New establishment in Villers-le-Bouillet. KBO
- New establishment in Evere. KBO
- New establishment in Rebecq. KBO
- F. Cras Consult BV became a director. NBB
- New establishment in Herenthout. KBO
- New establishment in Antwerpen. KBO
- New establishment in Poperinge. KBO
In short
From € 1.5 million loss in 2022 to € 10.7 million loss in 2025.
Paid € 275,629 in corporate taxes since 2022.
Pays suppliers within 59 days on average.
Management
The stake of Firma Cras comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CRASBehind CRAS is F. Cras Consult BV. The shares are held by Firma Cras (100%).
Directors
According to the 2025 annual accounts
Director · represented by Frédéric Cras
Also active at: BREMS-DOORS, Somex, Firma Cras, Jules Renard, CIE DUBOIS - STOCKMANS, Hagima, DECOR ET JARDIN SA, VANDE KERCKHOVE +5 more
since 2017
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 5
8790 Waregem
Schapenbaan 20
1731 Asse
Active since 17 August 2006
Burg. Maenhautstraat 68
9820 Merelbeke-Melle
Active since 17 August 2006
Rue de la Marche(TR) 28
6183 Courcelles
Active since 17 August 2006
John Cordierlaan 6
8400 Oostende
Active since 17 August 2006
Koolmijnlaan 116
3580 Beringen
Active since 17 August 2006
Waterven(Heu) 1
8501 Kortrijk
Active since 26 May 2009
Hagelandstraat 30
3545 Halen
Active since 1 January 2014
Rue du Centre 99
4261 Braives
Active since 1 January 2017
Rue des Boussines, Vaux-Chavanne 48 box Z5
6960 Manhay
Active since 1 January 2017
Atealaan 18
2270 Herenthout
Active since 1 June 2017
Malachietstraat 2
2030 Antwerpen
Active since 1 June 2017
Ieperseweg 26
8970 Poperinge
Active since 1 June 2017
Rue du Radoux 47
1430 Rebecq
Active since 20 December 2017
Leuvensesteenweg 923
1140 Evere
Active since 30 November 2020
Rue de Waremme 14
4530 Villers-le-Bouillet
Active since 9 May 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Firma Cras same network
Jules Renard same network
€ 1.6 million gross margin · 2025
CIE DUBOIS - STOCKMANS same network
€ 3.2 million revenue · 2025
Te Smoor
€ 26,549 gross margin · 2025
BELGIAN TIMBER same network
€ 66,237 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Groothandel in hout), 144 active companies in West Flanders, largest first.
€ 163 million revenue · 2025 · Gistel
€ 75.6 million revenue · 2025 · Kuurne
€ 67.9 million revenue · 2025 · Izegem
€ 59.9 million revenue · 2025 · Avelgem
€ 54.3 million revenue · 2025 · Deerlijk
€ 33.7 million revenue · 2025 · Harelbeke
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- NV FIRMA CRAS(aandeelhouder) 57.6%
- NV JULES RENARD(aandeelhouder) 42%
- BVBA TE SMOOR(aandeelhouder) 0.4%
Details
- Company number
- 0882.268.745
- VAT number
- BE 0882.268.745
- Registered office
- Industrielaan 5, 8790 Waregem
- Names & denominations
- CRAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2006
- Peppol
- Active · Active since 16 Oct 2024
- Activities · NACE
Groothandel in hout
Detailhandel in houten bouw- en tuinmaterialen