Equity
€414,285 ▲ 2.7%
CRETEC paid out €1,666 in dividends. That is 13% of the 2025 profit.
CRETEC
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €522,005 (2022)
€92,221▼ 25.3%
lowest -€46,270 (2006)
€12,717▼ 69.6%
peak €414,285 (2025)
€414,285▲ 2.7%
€114,084▼ 6.2%
peak 3.3 FTE (2012)
-not published
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
28-04-202694 days before the deadline
2025micro format
Gross margin from €123,430 to €92,221Result from €41,859 to €12,717Dividend €1,666Investments €94,957
Key points
from the 2025 annual accountsTurnover
≈ €280,000 estimated
The micro format states no turnover.
Investments
€94,957 2.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 67.3% higher than in 2024.
Staff
1 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Filings
22 annual accounts since 2004
The 2018 accounts came 68 days late. The other nine of the last ten were filed on time.
Position in the sector
€414,285
More equity than 90% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as CRETEC has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,041 companies, not a prediction for CRETEC. 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 0208:0859942414
1 director appointed, 1 manager resigning, 1 reappointment
Resignation: (manager) · Reappointment: (director) · Appointment: (director) · Gazette deed
Incorporation
published on 08-07-2003 · Gazette deed
First establishment
C-Rent, Beauvoordestraat 13, Alveringem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CRETEC Alveringem | €528,369 | €92,221 | 78.4% | - |
| A.S.M. Erezée | €602,770 | €82,720 | 95.6% | - |
| DUJARDYN ARTCONCEPT Oostrozebeke | €410,931 | €125,828 | 84.4% | - |
| VAN DE CAPPELLE PHILIP Bruges | €371,409 | €75,854 | 48.8% | - |
| RUDI ALL-FIX Oudsbergen | €420,219 | €95,938 | 86.5% | - |
| METAL MODERNE Hotton | €516,051 | €85,008 | 42.0% | - |
| ART-METAL Charleroi | €465,211 | €80,320 | 53.2% | - |
These companies have the same main activity as CRETEC: forging of metal (NACE 25401). They are comparable in size and age: total assets between €371,000 and €603,000, founded between 1996 and 2007.
Official details
Source: KBO- Status
- Active since 30-06-2003Normal situation
- Activity
- Forging of metalNACE 25401and 6 others
- Joint committee
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.132.273.6958691 Alveringem, since 24-06-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €528,369▲ 0.7%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 28-04-2026, 94 days before the end of the filing period
Insights on CRETEC
CRETEC files the micro format. That format states no turnover. The gross margin rose from €44,711 in 2006 to €92,221 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.
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 CRETEC
- What is the company number of CRETEC?
- The company number of CRETEC is 0859.942.414. The VAT number is the same number with BE in front: BE 0859.942.414.
- Where is CRETEC based?
- The registered office is at Beauvoordestraat 15, 8691 Alveringem.Company details
- What does CRETEC do?
- According to the KBO register, the main activity is forging of metal (NACE 25401).
- What is the legal form of CRETEC?
- CRETEC is a private limited company (BV).
- When was CRETEC founded?
- CRETEC was founded on 30-06-2003.
- Is CRETEC still active?
- Yes, CRETEC is an active enterprise in the KBO register.
- How many employees does CRETEC have?
- CRETEC had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CRETEC fall under?
- In its 2025 annual accounts, CRETEC states joint committee 111 (Metal, mechanical and electrical engineering).
- What is the turnover of CRETEC?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €92,221 and 2,667 comparable companies of the same size. It probably lies between €180,000 and €480,000. It is a rough estimate.
- Is CRETEC profitable?
- In financial year 2025, CRETEC made a profit of €12,717.
- Where can I find the annual accounts of CRETEC?
- CRETEC filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CRETEC due?
- CRETEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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