About Cretes
Cretes is a public limited company (NV/SA) based in Wevelgem, founded in 1972. Its main activity is classified as "Vervaardiging van machines voor de productie van textiel, kleding en leer". For the 2025 financial year, Cretes reported a profit of €303,794. That makes 12 profitable financial years in a row for Cretes. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €4 million, up 51% on 2024. It employed an average of 27.4 full-time equivalents. Equity stands at €1.5 million, a solvency ratio of 14%. In 2007 it was €929,429. 18 annual accounts are available, covering 2007 to 2025.
- Sectors
- Forestry companies
- Signals
-
Poor liquidityPoor liquidity 0.98
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 304KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 1.45MStrong equity provides a buffer against setbacks.
Positive cashflowPositive cashflow € 1.01MPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 1.06MPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 10.8%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
3.98M
|
€
2.63M
|
€
2.61M
|
€
2.74M
|
|
|
€
1.06M
|
€
439K
|
€
455K
|
€
766K
|
|
|
€
304K
|
€
85K
|
€
6K
|
€
709K
|
|
|
€
1.45M
|
€
1.15M
|
€
1.06M
|
€
1.06M
|
|
|
14.17%
|
18.16%
|
14.84%
|
13.2%
|
|
|
€
8.64M
|
€
5.01M
|
€
5.92M
|
€
6.81M
|
|
|
-
|
€
252K
|
€
1.19M
|
€
2.75M
|
|
|
27.40
|
26.30
|
25.70
|
31.30
|
Publications 40
All publications- Ontslagen - Benoemingen 28/01/2026
- Ontslagen - Benoemingen 03/07/2025
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Jaarrekeningen - Algemene Vergadering - Boekjaar 09/12/2024
- Ontslagen - Benoemingen 24/02/2023
- Ontslagen - Benoemingen 30/12/2019
Frequently asked questions
Answers to the most common questions about Cretes, based on official government data and the filed annual accounts.
What is the VAT number of Cretes?
The VAT number of Cretes is BE0412.423.610.
How many employees work at Cretes?
In 2025, Cretes employed 27.40 full-time equivalents (FTE).
When was Cretes established?
Cretes was founded in 03-05-1972.
What is the official address of Cretes?
The official address of Cretes is Bissegemstraat 169 Wevelgem 8560.
What is the legal form of Cretes?
The juridical form of Cretes is Public limited company (NV/SA).
What is the annual revenue of Cretes?
The 2025 accounts of Cretes do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Cretes a reliable company?
Cretes is a registered Rechtspersoon with company number 0412.423.610 and can be verified through the official CBE database.
What is the credit limit of Cretes?
The estimated credit limit of Cretes is €903,391.
Is Cretes still active?
Cretes currently has the status "Normal situation" and is active.