Ciem
0400.078.181 · rovalta.com · 22/09/2026
ACTIVE
Ciem
Financial year 2025 · closed on 31/03/2025
Net result
1,1 M €
+585.1% YoY
Gross margin
1,9 M €
+493.3% YoY
Equity
3,9 M €
+17.6% YoY
Workforce
3,8 ETP
+8.6% YoY
Overview
What does Ciem do?
Ciem is a Public limited company incorporated in 1968. Its registered office is in Gent. It employs on average 3,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.078.181
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Gasmeterlaan 207
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
5 322 002,00 €
Latest accounts
31/03/2025
Average workforce
3,8 ETP
Joint committees (3)
- 100
- 218
- 322
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 1,9 M € | +493% | 312,5 k € | -9.9% | 346,6 k € | +12.3% | 308,8 k € | -64.7% | 875,2 k € | -8.2% | 953,2 k € | -19.1% | 1,2 M € | +217% | 371,3 k € | -1.5% | 377 k € | +24.6% | 302,5 k € | -61.1% | 777,1 k € | +218% | 244,4 k € | -11.9% | 277,5 k € | -17.2% | 335,2 k € | +40.0% | 239,5 k € | +28.2% | 186,8 k € | +181% | 66,5 k € |
| EBITDA | 1,5 M € | +1420% | -110,3 k € | -930% | 13,3 k € | +111% | -125,3 k € | -126% | 489,7 k € | -7.9% | 531,9 k € | -31.1% | 772,5 k € | +3502% | -22,7 k € | +75.4% | -92,4 k € | -67.1% | -55,3 k € | -112% | 446,5 k € | +805% | -63,3 k € | -332% | -14,7 k € | -111% | 130,2 k € | +264% | 35,8 k € | +72.7% | 20,7 k € | +123% | -88,7 k € |
| Operating result | 1,2 M € | +486% | -321,4 k € | -32.6% | -242,4 k € | +44.2% | -434,8 k € | -483% | 113,5 k € | -24.4% | 150,2 k € | -67.0% | 455,5 k € | +219% | -382,4 k € | +21.6% | -487,5 k € | -13.7% | -428,8 k € | -441% | 125,6 k € | +134% | -366,3 k € | -76.0% | -208,1 k € | -247% | -60 k € | +57.1% | -139,7 k € | +19.7% | -173,9 k € | +36.8% | -275,1 k € |
| Net result | 1,1 M € | +585% | -228 k € | -241% | 161,9 k € | +134% | -473,8 k € | -270% | 278,8 k € | +11901% | 2,3 k € | -99.5% | 432,2 k € | +510% | 70,8 k € | +116% | -448,1 k € | -16.1% | -385,9 k € | -232% | 291,6 k € | +483% | -76,1 k € | +83.7% | -466,6 k € | -296% | -118 k € | -443% | 34,4 k € | +180% | -43 k € | -135% | 123,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 3,9 M € | +17.6% | 3,4 M € | -6.4% | 3,6 M € | +4.7% | 3,4 M € | -42.2% | 5,9 M € | +4.9% | 5,6 M € | +0.0% | 5,6 M € | +1.2% | 5,6 M € | +1.3% | 5,5 M € | -7.5% | 5,9 M € | -6.1% | 6,3 M € | +4.8% | 6 M € | -1.2% | 6,1 M € | -7.1% | 6,6 M € | -1.8% | 6,7 M € | +0.5% | 6,7 M € | -0.6% | 6,7 M € |
| Total assets | 14,2 M € | +11.8% | 12,7 M € | +3.9% | 12,2 M € | +3.1% | 11,9 M € | -11.8% | 13,5 M € | -0.7% | 13,6 M € | +10.7% | 12,2 M € | +0.6% | 12,2 M € | -0.8% | 12,3 M € | -3.8% | 12,8 M € | -4.5% | 13,4 M € | +1.3% | 13,2 M € | -1.4% | 13,4 M € | -2.9% | 13,8 M € | -1.3% | 13,9 M € | -0.5% | 14 M € | -2.4% | 14,4 M € |
| Cash | 1,2 M € | +171% | 440,8 k € | -8.9% | 484,1 k € | +156% | 189,1 k € | -39.7% | 313,5 k € | -65.4% | 905,1 k € | +109% | 432,7 k € | +13.9% | 380 k € | +1031% | 33,6 k € | -33.2% | 50,3 k € | -90.3% | 519,7 k € | +2092% | 23,7 k € | -49.8% | 47,3 k € | -72.4% | 171,5 k € | +388% | 35,2 k € | -46.2% | 65,4 k € | +376% | 13,7 k € |
| Debts | 8,1 M € | +10.6% | 7,3 M € | +2.1% | 7,1 M € | +2.9% | 6,9 M € | -4.1% | 7,2 M € | -5.5% | 7,6 M € | +21.9% | 6,3 M € | +0.1% | 6,3 M € | -2.7% | 6,4 M € | -0.5% | 6,5 M € | -3.2% | 6,7 M € | -1.7% | 6,8 M € | -2.0% | 6,9 M € | +1.5% | 6,8 M € | +1.9% | 6,7 M € | -4.5% | 7 M € | -7.0% | 7,6 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 3,8 ETP | +8.6% | 3,5 ETP | +6.1% | 3,3 ETP | -25.0% | 4,4 ETP | -6.4% | 4,7 ETP | 0.0% | 4,7 ETP | -4.1% | 4,9 ETP | 0.0% | 4,9 ETP | 0.0% | 4,9 ETP | 0.0% | 4,9 ETP | +8.9% | 4,5 ETP | 0.0% | 4,5 ETP | 0.0% | 4,5 ETP | +4.7% | 4,3 ETP | +13.2% | 3,8 ETP | -2.6% | 3,9 ETP | +8.3% | 3,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 24 ended
Active mandates
Antoinette Pirelli
ActiveGeneviève Vynckier-Duparc
ActiveEnded mandates
Antoinette Pirelli
EndedAntoinette Pirelli
EndedGeneviève Duparc
EndedAntoinette Pirelli
EndedAt this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/10/2025 | 31/10/2024 | 31/10/2023 | 25/10/2022 | 29/10/2021 | 30/10/2020 |
| General meeting | 26/09/2025 | 27/09/2024 | 29/09/2023 | 30/09/2022 | 18/10/2021 | 25/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 26/09/2025 | 31/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 27/09/2024 | 31/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 29/09/2023 | 31/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 30/09/2022 | 25/10/2022 | Dutch | |
| Abridged model | 31/03/2021 | 18/10/2021 | 29/10/2021 | Dutch | |
| Abridged model | 31/03/2020 | 25/09/2020 | 30/10/2020 | Dutch | |
| Abridged model | 31/03/2019 | 27/09/2019 | 30/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 28/09/2018 | 23/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 29/09/2017 | 30/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 30/09/2016 | 25/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 25/09/2015 | 30/10/2015 | Dutch | |
| Abridged model | 31/03/2014 | 26/09/2014 | 17/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 27/09/2013 | 28/10/2013 | Dutch | |
| Abridged model | 31/03/2012 | 25/09/2012 | 30/10/2012 | Dutch | |
| Abridged model | 31/03/2011 | 27/09/2011 | 27/10/2011 | Dutch | |
| Abridged model | 31/03/2010 | 24/09/2010 | 28/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 25/09/2009 | 29/01/2010 | Dutch | |
| Abridged model | 31/03/2008 | 26/09/2008 | 14/01/2009 | Dutch | |
| Abridged model | 31/03/2007 | 19/10/2007 | 17/03/2008 | Dutch | |
| Abridged model | 31/03/2006 | 29/09/2006 | 11/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 24 ended
Active mandates
Antoinette Pirelli
ActiveGeneviève Vynckier-Duparc
ActiveEnded mandates
Antoinette Pirelli
EndedAntoinette Pirelli
EndedGeneviève Duparc
EndedAntoinette Pirelli
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/12/2024ONTSLAGEN - BENOEMINGEN
- Restructuring22/11/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring17/09/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares17/06/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates03/11/2020DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates16/12/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares07/10/2016KAPITAAL - AANDELEN
- Registered office31/07/2014MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,1 M €↑
- 2024Annual accounts 2024-228 k €↓
- 2023Annual accounts 2023161,9 k €↑
- 2022Annual accounts 2022-473,8 k €↓
- 2019Annual accounts 2019278,8 k €↑
- 2018Annual accounts 20182,3 k €↓
- 2017Annual accounts 2017432,2 k €↑
- 2016Annual accounts 201670,8 k €↑
- 2015Annual accounts 2015-448,1 k €↓
- 2014Annual accounts 2014-385,9 k €↓
- 2013Annual accounts 2013291,6 k €↑
- 2012Annual accounts 2012-76,1 k €↑
- 2011Annual accounts 2011-466,6 k €↓
- 2010Annual accounts 2010-118 k €↓
- 2009Annual accounts 200934,4 k €↑
- 2008Annual accounts 2008-43 k €↓
- 2007Annual accounts 2007123,1 k €
- 01/01/1968IncorporationPublic limited company