ACTIVE

CENEO

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Financial year 2025 · closed on 31/12/2025

Net result

41,4 M €

-2.9% YoY

Revenue

954 k €

+90.6% YoY

Equity

959,6 M €

+1.8% YoY

What does CENEO do?

CENEO is a Cooperative society incorporated in 1968. Its main activity is: Activities of holding companies. Its registered office is in Charleroi.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0201.645.281

Incorporation

01/01/1968

Legal form

Cooperative society

Registered office

Boulevard Pierre Mayence 1 box 1
6000 Charleroi · WallonieSee on map

Contributed capital

327 216 388,22 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Revenue	954 k €	+90.6%	500,4 k €	+1.3%	493,9 k €	+6.6%	463,2 k €	+9.6%	422,7 k €	-1.2%	427,9 k €	-6.6%	457,9 k €	-0.1%	458,3 k €	-10.1%	509,7 k €	-2.9%	524,9 k €	+24.8%	420,6 k €	-15.4%	497,2 k €	+0.4%	495,2 k €	-4.6%	519,2 k €
EBITDA	-1,3 M €	+5.1%	-1,4 M €	-2.4%	-1,4 M €	-24.3%	-1,1 M €	+6.6%	-1,2 M €	-11.6%	-1 M €	-5.4%	-993,2 k €	+11.9%	-1,1 M €	-0.5%	-1,1 M €	+30.8%	-1,6 M €	-130%	5,3 M €	+221%	-4,4 M €	-133%	-1,9 M €	+69.5%	-6,2 M €
Operating result	-1,3 M €	+5.1%	-1,4 M €	-2.3%	-1,4 M €	-23.6%	-1,1 M €	+6.4%	-1,2 M €	-11.3%	-1,1 M €	-5.3%	-1 M €	+11.7%	-1,1 M €	+1.9%	-1,2 M €	+30.1%	-1,7 M €	-132%	5,3 M €	+218%	-4,5 M €	-129%	-1,9 M €	+68.9%	-6,3 M €
Net result	41,4 M €	-2.9%	42,6 M €	+2.1%	41,7 M €	-1.2%	42,3 M €	+9.6%	38,6 M €	-3.9%	40,1 M €	-76.2%	168,2 M €	+313%	40,7 M €	-30.3%	58,4 M €	+118%	26,8 M €	-32.4%	39,7 M €	+78.4%	22,3 M €	-38.4%	36,2 M €	+31.1%	27,6 M €
Balance sheet
Equity	959,6 M €	+1.8%	943,1 M €	+1.4%	929,9 M €	+1.3%	918,2 M €	+0.8%	910,6 M €	+0.3%	907,9 M €	+0.5%	903,4 M €	+56.1%	578,8 M €	+0.6%	575,2 M €	+4.2%	551,7 M €	+0.9%	546,7 M €	+2.7%	532,2 M €	-6.3%	568 M €	+51.4%	375,1 M €
Total assets	1,2 Md €	+0.3%	1,2 Md €	+1.5%	1,2 Md €	+0.8%	1,1 Md €	-0.5%	1,1 Md €	-0.6%	1,2 Md €	-0.5%	1,2 Md €	+37.2%	846,2 M €	-0.6%	851,4 M €	-3.4%	881,5 M €	+27.1%	693,8 M €	+2.4%	677,3 M €	-2.2%	692,6 M €	+40.0%	494,6 M €
Cash	9 M €	-1.8%	9,1 M €	-2.0%	9,3 M €	+59.9%	5,8 M €	-36.5%	9,2 M €	+29.6%	7,1 M €	+33.5%	5,3 M €	-53.4%	11,4 M €	-49.4%	22,5 M €	+21.8%	18,5 M €	+41.2%	13,1 M €	+327%	3,1 M €	-70.1%	10,3 M €	+57.4%	6,5 M €
Debts	211,6 M €	-6.0%	225,1 M €	+1.8%	221,1 M €	-1.0%	223,4 M €	-5.6%	236,7 M €	-4.0%	246,5 M €	-4.1%	257,1 M €	-3.5%	266,5 M €	-3.0%	274,7 M €	-16.3%	328,3 M €	+125%	146,1 M €	+6.4%	137,4 M €	+15.1%	119,4 M €	+4.4%	114,3 M €
Other
Workforce	–		0,2 ETP	-75.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP	-10.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 31 active · 185 ended

Active mandates

Michaël BUSINE

Director · since 08 juillet 2025

Active

Steven ROYEZ

Director · since 08 juillet 2025

Active

Emerence LEHEUT

Director · since 27 juin 2025

Active

Emmanuel WART

Director · since 27 juin 2025

Active

Florence COPIN

Director · since 27 juin 2025

Active

Florence LECOMPTE

Director · since 27 juin 2025

Active

Hugues BAYET

Director · since 27 juin 2025

Active

Jacques DUMOULIN

Director · since 27 juin 2025

Active

Lionel PISTONE

Vice-chairman of the board of directors · since 27 juin 2025

Active

Loïc D'HAEYER

Director · since 27 juin 2025

Active

Marie PIRAUX

Director · since 27 juin 2025

Active

Massimo FALASCA

Director · since 27 juin 2025

Active

Michel SCHOLLAERT

Director · since 27 juin 2025

Active

Mickaël VAN DEN BOSSCHE

Director · since 27 juin 2025

Active

Olivier DESTREBECQ

Director · since 27 juin 2025

Active

Olivier FIEVEZ

Director · since 27 juin 2025

Active

Philippe KNAEPEN

Chairman of the board of directors · since 27 juin 2025

Active

Philippe MATHELART

Director · since 27 juin 2025

Active

Pierre CARTON

Director · since 27 juin 2025

Active

Vincent HOST

Director · since 23 janvier 2025 · until 27 juin 2025

Active

Carl LUKALU

Director · since 12 décembre 2024 · until 27 juin 2025

Active

Jean HOMERIN

Director · since 12 décembre 2024 · until 27 juin 2025

Active

Emmanuel WART

Vice-chairman of the board of directors · since 25 juin 2019 · until 27 juin 2025

Active

Jacques GOBERT

Director · since 25 juin 2019 · until 27 juin 2025

Active

Lionel PISTONE

Director · since 25 juin 2019 · until 27 juin 2025

Active

Loïc D'HAEYER

Chairman of the board of directors · since 25 juin 2019 · until 27 juin 2025

Active

Marc BOITTE

Director · since 25 juin 2019 · until 27 juin 2025

Active

Nicolas GLOGOWSKI

Director · since 25 juin 2019 · until 27 juin 2025

Active

Roger VANDERSTRAETEN

Director · since 25 juin 2019 · until 27 juin 2025

Active

Yvane BOUCART

Director · since 25 juin 2019 · until 27 juin 2025

Active

Yves WILLAERT

Director · since 25 juin 2019 · until 27 juin 2025

Active

Ended mandates

Olivier FIEVEZ

Director · since 23 janvier 2025

Ended

Vincent HOST

Director · since 23 janvier 2025

Ended

Carl LUKALU

Director · since 12 décembre 2024

Ended

Jean HOMERIN

Director · since 12 décembre 2024

Ended

At this address

Other companies at this address

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ActiVent Wallonie● Active	0683.894.441
Caisse publique wallonne d'allocations familiales-FAMIWAL● Active	0693.771.021
CerWal● Active	0748.779.325
CHARLEROI METROPOLE● Active	1000.007.642
IDE hennuyères● Active	0472.108.797
IGRETEC_UT● Active	1020.003.597
Intercommunale pour la Gestion et la Réalisation d'Etudes Techniques et Economiques● Active	0201.741.786
NEOPARK● Active	0789.986.608
NEOVIA● Active	0763.967.347
SOCIETE BELGE D'ASSISTANCE INFORMATIQUE● Active	0415.064.087
Société de développements en immobilier● Active	0730.685.261
Société de reconversion des sites industriels de Charleroi● Active	0686.758.119
TIGRA● Active	0797.120.462
WIND4WALLONIA 2● Active	0676.540.851
WIND4WALLONIA 3● Active	0746.583.858

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	16/07/2025	12/07/2024	16/08/2023	02/08/2022	21/10/2021
General meeting	29/06/2026	27/06/2025	28/06/2024	23/06/2023	23/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

55 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	13/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	16/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	12/07/2024	French	PDF
Full model	31/12/2022	23/06/2023	16/08/2023	French	PDF
Full model	31/12/2021	23/06/2022	02/08/2022	French	PDF
Full model	31/12/2020	25/06/2021	21/10/2021	French	PDF
Full model	31/12/2019	23/06/2020	07/07/2020	French	PDF
Full model	31/12/2018	25/06/2019	08/07/2019	French	PDF
Full model	31/12/2017	27/06/2018	09/07/2018	French	PDF
Full model	31/12/2016	22/06/2017	07/07/2017	French	PDF
Full model	31/12/2015	23/06/2016	28/06/2016	French	PDF
Full model	31/12/2014	25/06/2015	01/07/2015	French	PDF
Full model	31/12/2013	24/06/2014	10/07/2014	French	PDF
Full model	31/12/2012	27/06/2013	08/07/2013	French	PDF
Full model	31/12/2011	29/06/2012	27/07/2012	French	PDF
Full model	31/12/2010	04/07/2011	27/07/2011	French	PDF
Full model	31/12/2009	29/06/2010	14/07/2010	French	PDF
Full model	31/12/2008	29/06/2009	15/07/2009	French	PDF
Full model	31/12/2007	24/06/2008	08/08/2008	French	PDF
Full model	31/12/2006	29/06/2007	27/07/2007	French	PDF
Full model	31/12/2005	30/06/2006	18/07/2006	French	PDF
Full model	31/12/2004	28/06/2005	17/08/2005	French	PDF
Full model	31/12/2003	29/06/2004	19/07/2004	French	PDF
Full model	31/12/2002	25/06/2003	29/07/2003	French	PDF

View all 55 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 31 active · 185 ended

Active mandates

Michaël BUSINE

Director · since 08 juillet 2025

Active

Steven ROYEZ

Director · since 08 juillet 2025

Active

Emerence LEHEUT

Director · since 27 juin 2025

Active

Emmanuel WART

Director · since 27 juin 2025

Active

Florence COPIN

Director · since 27 juin 2025

Active

Florence LECOMPTE

Director · since 27 juin 2025

Active

Hugues BAYET

Director · since 27 juin 2025

Active

Jacques DUMOULIN

Director · since 27 juin 2025

Active

Lionel PISTONE

Vice-chairman of the board of directors · since 27 juin 2025

Active

Loïc D'HAEYER

Director · since 27 juin 2025

Active

Marie PIRAUX

Director · since 27 juin 2025

Active

Massimo FALASCA

Director · since 27 juin 2025

Active

Michel SCHOLLAERT

Director · since 27 juin 2025

Active

Mickaël VAN DEN BOSSCHE

Director · since 27 juin 2025

Active

Olivier DESTREBECQ

Director · since 27 juin 2025

Active

Olivier FIEVEZ

Director · since 27 juin 2025

Active

Philippe KNAEPEN

Chairman of the board of directors · since 27 juin 2025

Active

Philippe MATHELART

Director · since 27 juin 2025

Active

Pierre CARTON

Director · since 27 juin 2025

Active

Vincent HOST

Director · since 23 janvier 2025 · until 27 juin 2025

Active

Carl LUKALU

Director · since 12 décembre 2024 · until 27 juin 2025

Active

Jean HOMERIN

Director · since 12 décembre 2024 · until 27 juin 2025

Active

Emmanuel WART

Vice-chairman of the board of directors · since 25 juin 2019 · until 27 juin 2025

Active

Jacques GOBERT

Director · since 25 juin 2019 · until 27 juin 2025

Active

Lionel PISTONE

Director · since 25 juin 2019 · until 27 juin 2025

Active

Loïc D'HAEYER

Chairman of the board of directors · since 25 juin 2019 · until 27 juin 2025

Active

Marc BOITTE

Director · since 25 juin 2019 · until 27 juin 2025

Active

Nicolas GLOGOWSKI

Director · since 25 juin 2019 · until 27 juin 2025

Active

Roger VANDERSTRAETEN

Director · since 25 juin 2019 · until 27 juin 2025

Active

Yvane BOUCART

Director · since 25 juin 2019 · until 27 juin 2025

Active

Yves WILLAERT

Director · since 25 juin 2019 · until 27 juin 2025

Active

Ended mandates

Olivier FIEVEZ

Director · since 23 janvier 2025

Ended

Vincent HOST

Director · since 23 janvier 2025

Ended

Carl LUKALU

Director · since 12 décembre 2024

Ended

Jean HOMERIN

Director · since 12 décembre 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2025
DEMISSIONS, NOMINATIONS - CAPITAL, ACTIONS
PDF
Mandates13/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2025
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

21/05/2026
nominationRaphaël DURANT — représentant permanent de CENEO en tant qu’administrateur-délégué de la société Biogaz Saint-Roch
2025
Annual accounts 202541,4 M €↓
12/12/2025
nominationSteven ROYEZ — administrateur
12/12/2025
nominationMickaël BUSINE — administrateur
08/07/2025
nominationBONTEMS — Secrétaire général
08/07/2025
nominationMichaël BUSINE — administrateur
08/07/2025
nominationSteven ROYEZ — administrateur
27/06/2025
nominationRaphaël DURANT — Secrétaire général
27/06/2025
nominationPhilippe KNAEPEN — Président
27/06/2025
nominationLionel PISTONE — Vice-Président
27/06/2025
nominationPierre MATHELART — administrateur
27/06/2025
nominationLionel PISTONE — administrateur
27/06/2025
nominationMichel SCHOLLAERT — administrateur
27/06/2025
nominationMickaël VAN DEN BOSSCHE — administrateur
27/06/2025
nominationPierre CARTON — administrateur
27/06/2025
nominationOlivier DESTREBECQ — administrateur
27/06/2025
nominationJacques DUMOULIN — administrateur
27/06/2025
nominationPhilippe KNAEPEN — administrateur
27/06/2025
nominationEmmanuel WART — administrateur
27/06/2025
nominationHugues BAYET — administrateur
27/06/2025
nominationFlorence COPIN — administrateur
27/06/2025
nominationLoïc D'HAEYER — administrateur
27/06/2025
nominationMassimo FALASCA — administrateur
27/06/2025
nominationOlivier FIEVEZ — administrateur
27/06/2025
nominationFlorence LECOMPTE — administrateur
27/06/2025
nominationEmérence LEHEUT — administrateur
27/06/2025
nominationMarie PIRAUX — administrateur
23/01/2025
nominationOlivier FIEVEZ — administrateur
23/01/2025
nominationVincent HOST — administrateur
2024
Annual accounts 202442,6 M €↑
2023
Annual accounts 202341,7 M €↓
23/06/2023
nominationSteven ROYEZ — administrateur
2022
Annual accounts 202242,3 M €↑
16/12/2022
nominationOlivier DESTREBECQ — administrateur
23/06/2022
nominationDGST & Partners — réviseur
23/06/2022
nominationLaurent LAUVAUX — administrateur
2021
Annual accounts 202138,6 M €↓
2020
Annual accounts 202040,1 M €↓
2019
Annual accounts 2019168,2 M €↑
2018
Annual accounts 201840,7 M €↓
2017
Annual accounts 201758,4 M €↑
2016
Annual accounts 201626,8 M €↓
2015
Annual accounts 201539,7 M €↑
2014
Annual accounts 201422,3 M €↓
2013
Annual accounts 201336,2 M €↑
2012
Annual accounts 201227,6 M €
01/01/1968
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CENEO

Overview

What does CENEO do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline