ACTIVE

CEGESCO

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Financial year 2025 · closed on 31/12/2025

Net result

25,9 k €

+451.9% YoY

Gross margin

42,1 k €

-24.1% YoY

Equity

20,9 k €

+11.7% YoY

What does CEGESCO do?

CEGESCO is a Private limited company incorporated in 1982. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Koekelberg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.640.678

Incorporation

29/03/1982

Legal form

Private limited company

Registered office

Avenue du Château 58
1081 Koekelberg · BruxellesSee on map

Contributed capital

19 038,22 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities 74501Other professional, scientific and technical activities 78100Activities of employment placement agencies 78100Activities of employment placement agencies

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	42,1 k €	-24.1%	55,5 k €	-18.2%	67,9 k €	+21.5%	55,9 k €	+32.4%	42,2 k €	+110%	20,1 k €	-30.2%	28,8 k €	+17.5%	24,5 k €	+23.8%	19,8 k €	+177%	7,2 k €	-11.5%	8,1 k €	+24.1%	6,5 k €	+65.4%	3,9 k €	+117%	-22,8 k €	-824%	3,1 k €	+23.3%	2,6 k €	-63.6%	7 k €	-23.3%	9,2 k €	-8.0%	10 k €	+50.1%	6,6 k €
EBITDA	-10,2 k €	-343%	-2,3 k €	-160%	3,8 k €	+182%	-4,7 k €	-111%	42,2 k €	+2260%	1,8 k €	+2.3%	1,7 k €	+281%	-965,3 €	-525%	227,2 €	-96.7%	6,8 k €	-9.7%	7,6 k €	+22.3%	6,2 k €	+76.3%	3,5 k €	+108%	-45,2 k €	-9156%	498,9 €	+235%	-369,7 €	-110%	3,9 k €	-37.0%	6,2 k €	-7.3%	6,7 k €	+13.9%	5,9 k €
Operating result	-14,2 k €	-126%	-6,3 k €	-3977%	162,6 €	+103%	-4,7 k €	-111%	42,2 k €	+2260%	1,8 k €	+2.3%	1,7 k €	+281%	-965,3 €	-525%	227,2 €	-96.7%	6,8 k €	-9.7%	7,6 k €	+22.3%	6,2 k €	+76.3%	3,5 k €	+108%	-45,6 k €	-86584%	52,8 €	+106%	-942,6 €	-125%	3,7 k €	+326%	869 €	+49.1%	583 €	+147%	-1,2 k €
Net result	25,9 k €	+452%	-7,4 k €	-413%	-1,4 k €	-0.4%	-1,4 k €	-105%	31,5 k €	+3066%	995,8 €	-4.6%	1 k €	+1482%	66 €	+59.3%	41,4 €	-99.3%	6,1 k €	-17.6%	7,4 k €	+50.5%	4,9 k €	+6746%	71,7 €	+100%	-22,2 k €	-7393%	305,1 €	+114%	-2,2 k €	-194%	2,4 k €	+608%	333 €	+117%	-2 k €	+58.5%	-4,8 k €
Balance sheet
Equity	20,9 k €	+11.7%	18,8 k €	-28.2%	26,1 k €	-5.2%	27,5 k €	-69.9%	91,5 k €	+258%	25,6 k €	+63.3%	15,7 k €	+7.1%	14,6 k €	+0.5%	14,6 k €	+0.3%	14,5 k €	+72.3%	8,4 k €	+718%	1 k €	+127%	-3,9 k €	+1.8%	-4 k €	-122%	18,3 k €	+1.7%	18 k €	-10.9%	20,2 k €	+13.2%	17,8 k €	+1.9%	17,5 k €	-10.2%	19,5 k €
Total assets	45,9 k €	-20.4%	57,6 k €	-6.1%	61,4 k €	-8.4%	67 k €	-81.1%	355,4 k €	+389%	72,6 k €	+34.3%	54,1 k €	+34.6%	40,2 k €	+91.3%	21 k €	+12.3%	18,7 k €	+20.2%	15,6 k €	-47.0%	29,4 k €	-19.2%	36,4 k €	+73.4%	21 k €	-5.2%	22,2 k €	+8.7%	20,4 k €	-9.6%	22,6 k €	+5.5%	21,4 k €	-3.6%	22,2 k €	-22.6%	28,7 k €
Cash	1,4 k €	-37.4%	2,2 k €	+207%	718,2 €	+797922%	0,1 €	-100.0%	285,7 €	-97.0%	9,5 k €	+10085%	93,8 €		–		179,1 €		–		2,9 k €	+1173%	230,8 €	-84.1%	1,5 k €	-21.6%	1,9 k €	-38.2%	3 k €	+180%	1,1 k €	+164%	405 €	-89.3%	3,8 k €	+242%	1,1 k €	-17.1%	1,3 k €
Debts	24,9 k €	-35.9%	38,9 k €	+10.2%	35,3 k €	-10.6%	39,5 k €	-85.0%	263,9 k €	+461%	47,1 k €	+22.5%	38,4 k €	+50.2%	25,6 k €	+296%	6,5 k €	+61.3%	4 k €	-43.9%	7,2 k €	-74.8%	28,4 k €	-29.5%	40,2 k €	+61.3%	25 k €	+547%	3,9 k €	+60.9%	2,4 k €	+1.3%	2,4 k €	-33.2%	3,5 k €	-24.3%	4,7 k €	-49.1%	9,2 k €
Other
Workforce	–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		1,0 ETP	+900%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Thierry Borry

Director · since 20 mai 2026

Active

Pierre-François Wierre

Director · since 20 mai 2025

Active

Ended mandates

Pierre-François Wierre

Director · since 28 juin 2023

Ended

MICHAEL SPANOUDIS

Director · since 01 juin 2013

Ended

ANISSA BEN SLIMANE

Director · since 01 octobre 2009

Ended

Gabrielle DEVILLE

Administrator - manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	30/08/2025	21/08/2024	22/08/2023	29/09/2022	31/08/2021
General meeting	29/05/2026	30/05/2025	30/05/2024	30/05/2023	07/06/2022	30/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	31/08/2026	French	PDF
Micro model	31/12/2024	30/05/2025	30/08/2025	French	PDF
Micro model	31/12/2023	30/05/2024	21/08/2024	French	PDF
Micro model	31/12/2022	30/05/2023	22/08/2023	French	PDF
Micro modelCorrection	31/12/2021	07/06/2022	29/09/2022	French	PDF
Micro model	31/12/2021	30/05/2022	16/08/2022	French	PDF
Micro model	31/12/2020	30/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	19/09/2020	21/10/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	08/08/2017	French	PDF
Abridged modelCorrection	31/12/2015	30/06/2016	23/09/2016	French	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	24/08/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	16/08/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	28/06/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 9 ended

Active mandates

Thierry Borry

Director · since 20 mai 2026

Active

Pierre-François Wierre

Director · since 20 mai 2025

Active

Ended mandates

Pierre-François Wierre

Director · since 28 juin 2023

Ended

MICHAEL SPANOUDIS

Director · since 01 juin 2013

Ended

ANISSA BEN SLIMANE

Director · since 01 octobre 2009

Ended

Gabrielle DEVILLE

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/05/2026
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates21/05/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/09/2006
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 202525,9 k €↑
2024
Annual accounts 2024-7,4 k €↓
2023
Annual accounts 2023-1,4 k €↓
2022
Annual accounts 2022-1,4 k €↓
2021
Annual accounts 202131,5 k €↑
2021
Name changeTANAE CONSULT
2021
Name changeCEGESCO
2020
Annual accounts 2020995,8 €↓
2019
Annual accounts 20191 k €↑
2018
Annual accounts 201866 €↑
2017
Annual accounts 201741,4 €↓
2016
Annual accounts 20166,1 k €↓
2015
Annual accounts 20157,4 k €↑
2014
Annual accounts 20144,9 k €↑
2013
Annual accounts 201371,7 €↑
2012
Annual accounts 2012-22,2 k €↓
2011
Annual accounts 2011305,1 €↑
2010
Annual accounts 2010-2,2 k €↓
2009
Annual accounts 20092,4 k €↑
2008
Annual accounts 2008333 €↑
2007
Annual accounts 2007-2 k €↑
2006
Annual accounts 2006-4,8 k €
29/03/1982
IncorporationPrivate limited company

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

CEGESCO

Overview

What does CEGESCO do?

Trend over 20 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