NORMAL SITUATION

CEREAL TESTER

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Company — Normal situation.

Strike-off: 01 août 2026

Financial year 2025 · Closed on 31/12/2025

Net result47,4 k €+417,4 %over 1 year

Gross margin227,8 k €-18,8 %over 1 year

Equity454,6 k €+9,4 %over 1 year

Identity

Source · BCE/KBO

CEREAL TESTER is a Public limited company incorporated in 1977.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.233.820
Incorporation: 01/06/1977
Legal form: Public limited company
Contributed capital: 150 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	227,8 k €	-18.8%	280,7 k €	+5.7%	265,5 k €	+12.3%	236,4 k €	-30.0%	337,8 k €
EBITDA	83,5 k €	+75.2%	47,7 k €	+21.1%	39,4 k €	+109%	18,8 k €	-83.2%	111,8 k €
Operating result	56,1 k €	+197%	18,9 k €	+62.2%	11,7 k €	+270%	-6,9 k €	-108%	84,5 k €
Net result	47,4 k €	+417%	9,2 k €	+585%	1,3 k €	+110%	-13 k €	-120%	66,6 k €
Balance sheet
Equity	454,6 k €	+9.4%	415,7 k €	+2.1%	407,2 k €	+0.1%	406,7 k €	-3.3%	420,4 k €
Total assets	524,1 k €	-4.9%	551,3 k €	-12.1%	627,2 k €	+23.7%	506,9 k €	-18.3%	620,4 k €
Cash	117,3 k €	-33.7%	176,8 k €	+12.6%	157 k €	+8.2%	145,1 k €	-22.4%	186,9 k €
Debts	69,5 k €	-47.0%	131,3 k €	-39.0%	215,2 k €	+126%	95,1 k €	-51.1%	194,6 k €
Other
Workforce	–		3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 22 ended

Active mandates

Koen D'Haesz

Director · since 31 mars 2025 · until 30 mars 2031

Active

Liesbet D'Haese

Director · since 31 mars 2025 · until 30 mars 2031

Active

Ended mandates

Koen D'HAESE

Director · since 31 mars 2025 · until 10 juin 2031

Ended

Liesbet D'HAESE

Director · since 31 mars 2025 · until 10 juin 2031

Ended

Elisabeth DUMONT DE CHASSART - BOUCHAT

Director · since 24 juin 2020 · until 31 mars 2025

Ended

Elisabeth DUMONT DE CHASSART - BOUCHAT

Director · since 24 juin 2020 · until 30 juin 2026

Ended

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	28/08/2026	25/08/2025	17/06/2024	22/06/2023	21/06/2022	29/06/2021
General meeting	03/08/2026	31/07/2025	11/06/2024	13/06/2023	14/06/2022	22/06/2021
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

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	03/08/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	31/07/2025	25/08/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	17/06/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	22/06/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	21/06/2022	French	PDF
Abridged model	31/12/2020	22/06/2021	29/06/2021	French	PDF
Abridged model	31/12/2019	24/06/2020	10/07/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	12/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	26/06/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	03/07/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	02/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	25/07/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	12/07/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	23/06/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	30/07/2007	French	PDF

Indicative valuation

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

2 active · 22 ended

Active mandates

Koen D'Haesz

Director · since 31 mars 2025 · until 30 mars 2031

Active

Liesbet D'Haese

Director · since 31 mars 2025 · until 30 mars 2031

Active

Ended mandates

Koen D'HAESE

Director · since 31 mars 2025 · until 10 juin 2031

Ended

Liesbet D'HAESE

Director · since 31 mars 2025 · until 10 juin 2031

Ended

Elisabeth DUMONT DE CHASSART - BOUCHAT

Director · since 24 juin 2020 · until 31 mars 2025

Ended

Elisabeth DUMONT DE CHASSART - BOUCHAT

Director · since 24 juin 2020 · until 30 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring31/07/2026
ASSEMBLEE GENERALE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/01/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates30/04/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates23/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/08/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/02/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/08/2011
DEMISSIONS, NOMINATIONS
PDF

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

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Timeline

2025
Annual accounts 202547,4 k €↑
2024
Annual accounts 20249,2 k €↑
2023
Annual accounts 20231,3 k €↑
2022
Annual accounts 2022-13 k €↓
2021
Annual accounts 202166,6 k €↓
2020
Annual accounts 202070,2 k €↑
2019
Annual accounts 201938,6 k €↑
2018
Annual accounts 201831,2 k €↓
2017
Annual accounts 201753,1 k €↑
2016
Annual accounts 20169,9 k €↑
2015
Annual accounts 20152,5 k €↓
2014
Annual accounts 201410,9 k €↑
2013
Annual accounts 2013-29,5 k €↓
2012
Annual accounts 2012-4,3 k €↓
2011
Annual accounts 20112,9 k €↑
2010
Annual accounts 2010119,6 €↑
2009
Annual accounts 2009-141,3 €↓
2008
Annual accounts 200817,5 k €↓
2007
Annual accounts 200721,7 k €↑
2006
Annual accounts 2006-32,5 k €
01/06/1977
IncorporationPublic limited company

CEREAL TESTER

Overview

Identity

Financials

Board of directors

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