Equity
€558,981 ▲ 13.7%
CRAFTEC has made a profit without a break since 2012.
CRAFTEC
Lifetime
18 annual accounts with figures on one time axispeak €407,076 (2024)
€398,769▼ 2.0%
lowest -€161,823 (2011)
€128,369▼ 25.2%
peak €558,981 (2025)
€558,981▲ 13.7%
€1.5m▲ 6.8%
peak 2.7 FTE (2023)
2.1 FTE▼ 22.2%
Board3 names since 2016
-
Documentsfilings and deeds
12-07-202619 days before the deadline
2025abbreviated format
Result from €171,559 to €128,369Staff from 2.7 FTE to 2.1 FTEDividend €60,930Equity from €491,542 to €558,981Investments €172,429Cash from €442,760 to €289,431
Key points
from the 2025 annual accountsTurnover
≈ €1.2m estimated
The accounts state no turnover.
Debts
€1.5m 73% of the balance sheet
Financial debts 5%Suppliers 5%Other 90%
Of this, €1.4m falls due within a year.
Investments
€172,381 2.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 84.6% higher than in 2024.
Staff
2 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Filings
18 annual accounts since 2008
The last five annual accounts were filed 0 to 23 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as CRAFTEC has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,052 companies, not a prediction for CRAFTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0894908835
Reappointments: (statutory director) and (director)
General meeting of 06-05-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Wuustwezel
Company renamed from Magma to CRAFTEC
“Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar iet uitsluitend het…” (deed in Dutch) · General meeting of 05-07-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CRAFTEC Wuustwezel | €2.1m | €398,769 | 26.8% | 2.1 |
| Ladderland R.A.F. Zulte | €2.1m | €380,596 | 91.2% | 2 |
| Schrijnwerkerij Kris Cannaerts en zoon Duffel | €2.7m | €615,560 | 7.7% | 2.2 |
| SECUMATIC Genk | €1.5m | €430,302 | 91.4% | 2.4 |
| TIMMER- EN SCHRIJNWERKEN SAMMY DARRAZ Waregem | €1.8m | €396,655 | 17.9% | 3.2 |
| BO-PLAST Thermo Liège | €1.4m | €317,481 | 26.4% | 2 |
| MOOSEN Bilzen-Hoeselt | €1.6m | €384,912 | 54.4% | 2.3 |
These companies have the same main activity as CRAFTEC: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.4m and €2.7m, founded between 1999 and 2011.
Official details
Source: KBO- Status
- Active since 11-01-2008Normal situation
- Activity
- Joinery installationNACE 43320and 7 others
- Establishment unit
- 2.168.499.6332990 Wuustwezel, since 11-01-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- €2.1m▲ 8.6%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 12-07-2026, 19 days before the end of the filing period
Insights on CRAFTEC
CRAFTEC files the abbreviated format. That format states no turnover. The gross margin rose from €21,212 in 2008 to €398,769 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CRAFTEC
- What is the company number of CRAFTEC?
- The company number of CRAFTEC is 0894.908.835. The VAT number is the same number with BE in front: BE 0894.908.835.
- Where is CRAFTEC based?
- The registered office is at Witgoorse Baan 21, 2990 Wuustwezel.Company details
- What does CRAFTEC do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of CRAFTEC?
- CRAFTEC is a private limited company (BV).
- When was CRAFTEC founded?
- CRAFTEC was founded on 11-01-2008.
- Is CRAFTEC still active?
- Yes, CRAFTEC is an active enterprise in the KBO register.
- How many employees does CRAFTEC have?
- CRAFTEC had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CRAFTEC?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €398,769 and 39 comparable companies (NACE 433). It probably lies between €860,000 and €1.5m.
- Is CRAFTEC profitable?
- In financial year 2025, CRAFTEC made a profit of €128,369.
- Where can I find the annual accounts of CRAFTEC?
- CRAFTEC filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CRAFTEC due?
- CRAFTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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