ACTIVE

Cecan

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Financial year 2025 · Closed on 31/12/2025

Net result25,8 M €-75,0 %over 1 year

Gross margin-838,8 k €-19,7 %over 1 year

Equity216,5 M €+11,2 %over 1 year

Identity

Source · BCE/KBO

Cecan is a Public limited company incorporated in 1976. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.119.004
Incorporation: 25/11/1976
Legal form: Public limited company
Registered office: Doorniksewijk(Kor) 49
8500 Kortrijk · FlandreSee on map
Contributed capital: 1 250 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-838,8 k €	-19.7%	-700,7 k €	-76.1%	-397,8 k €	-1.9%	-390,5 k €	+7.2%	-420,7 k €
EBITDA	-851,2 k €	-18.2%	-720,1 k €	-72.3%	-418 k €	-2.8%	-406,7 k €	+12.5%	-465 k €
Operating result	-851,2 k €	-18.2%	-720,1 k €	-72.3%	-418 k €	-2.8%	-406,7 k €	+12.5%	-465 k €
Net result	25,8 M €	-75.0%	103,2 M €	+1284%	7,5 M €	-37.7%	12 M €	+136%	5,1 M €
Balance sheet
Equity	216,5 M €	+11.2%	194,7 M €	+104%	95,5 M €	+3.8%	92,1 M €	+9.7%	83,9 M €
Total assets	235,9 M €	+1.6%	232,2 M €	+93.7%	119,9 M €	+2.9%	116,5 M €	+7.9%	107,9 M €
Cash	2,4 M €	+761%	273,7 k €	-85.3%	1,9 M €	-78.2%	8,6 M €	-17.7%	10,4 M €
Debts	19,3 M €	-48.2%	37,4 M €	+54.5%	24,2 M €	-0.2%	24,2 M €	+1.7%	23,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albrecht DE GRAEVE	Director06/05/2024 → 03/05/2027
Benoit VAN ASSCHE	Director06/05/2024 → 03/05/2027
David VLERICK	Director03/05/2021 → 03/05/2027
Gustaaf SAP	Chairman of the board of directors05/05/2003 → 03/05/2027
Philippe VLERICK	Managing director05/05/2003 → 03/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben VAN ASSCHE	Director07/05/2018 → 2023 accounts
Bert DE GRAEVE	Director07/05/2018 → 2023 accounts

Other companies at this address

Doorniksewijk(Kor) 49 8500 Kortrijk

Company	CBE no.
ARTEVELD● Active	0534.433.970
Belgo-Indian Chamber of Commerce and Industry● Active	0409.205.683
B.M.H.● Active	0401.010.767
Carick● Active	0656.685.743
CECAN MEDIA● Active	0466.463.892
DW Construct● Active	0745.876.451
DW Invest● Active	0745.876.352
HERMES INVEST● Active	0466.428.557
MIDELCO● Active	0430.555.581
NATIVE DANCER● Active	0677.538.070
STICHTING THéRèSE VLERICK● Active	0884.835.879
UCO● Active	0457.983.322
UCO RAYMOND DENIM HOLDING● Active	0882.391.182
VG - LC● Active	0767.656.218
VLERICK INVESTERINGSMAATSCHAPPIJ● Active	0466.459.439
VLERICK VASTGOED● Active	0455.168.243
VOBIS FINANCE● Active	0428.597.666

Full financial information

Source · NBB

	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	01/01/2025	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	27/05/2026	26/05/2025	04/06/2024	30/05/2023	10/06/2022	01/06/2021
General meeting	04/05/2026	05/05/2025	06/05/2024	02/05/2023	16/05/2022	03/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	27/05/2026	Dutch	PDF
Abridged model	31/12/2024	05/05/2025	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	06/05/2024	04/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	28/05/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	21/05/2019	Dutch	PDF
Abridged model	31/12/2017	07/05/2018	25/05/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	11/05/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	03/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	21/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	04/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albrecht DE GRAEVE	Director06/05/2024 → 03/05/2027
Benoit VAN ASSCHE	Director06/05/2024 → 03/05/2027
David VLERICK	Director03/05/2021 → 03/05/2027
Gustaaf SAP	Chairman of the board of directors05/05/2003 → 03/05/2027
Philippe VLERICK	Managing director05/05/2003 → 03/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben VAN ASSCHE	Director07/05/2018 → 2023 accounts
Bert DE GRAEVE	Director07/05/2018 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2017
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

David VLERICK

Benoit VAN ASSCHE

Philippe VLERICK

Albrecht DE GRAEVE

Gustaaf SAP

Ben VAN ASSCHE

Bert DE GRAEVE

Isabelle VLERICK

Paul VANDEKERCKHOVE

1976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Cecan

Doorniksewijk(Kor) 49, 8500 Kortrijk

Director

Managing director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Doorniksewijk(Kor) 49, 8500 KortrijkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00127169

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CecanCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00127169

Events

04/05/2026
nominationE&Y Bedrijfsrevisoren · commissaris
2025
Annual accounts 202525,8 M €↓
2024
Annual accounts 2024103,2 M €↑
06/05/2024
reconductionPhilippe Vlerick · bestuurder
06/05/2024
reconductionGustaaf Sap · bestuurder
06/05/2024
reconductionBenoit Van Assche · bestuurder
06/05/2024
reconductionAlbrecht De Graeve · bestuurder
06/05/2024
reconductionDavid Vlerick · bestuurder
2023
Annual accounts 20237,5 M €↓
02/05/2023
reconductionEY Bedrijfsrevisoren BV · commissaris
2022
Annual accounts 202212 M €↑
2021
Annual accounts 20215,1 M €↑
2020
Annual accounts 2020898,9 k €↓
2019
Annual accounts 20193,8 M €↓
2018
Annual accounts 20184,7 M €↓
2017
Annual accounts 20178 M €↑
2016
Annual accounts 20162,4 M €↓
2015
Annual accounts 20153 M €↑
2013
Annual accounts 20132,7 M €↑
2012
Annual accounts 20121,6 M €↑
2011
Annual accounts 2011-15,5 M €↓
2010
Annual accounts 2010-179,6 k €↑
2009
Annual accounts 2009-247,6 k €↓
2008
Annual accounts 20084 M €↑
2007
Annual accounts 20073,6 M €↑
2006
Annual accounts 20062,5 M €
25/11/1976
IncorporationPublic limited company

Cecan

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events