NORMAL SITUATION

CENIM

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Company — Normal situation.

Financial year 2025 · Closed on 30/09/2025

Net result-5,5 M €-730,5 %over 1 year

Gross margin368,8 k €+148,5 %over 1 year

Equity21,1 M €-24,7 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

CENIM is a company registered in Belgium.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.131.877
Legal form: Public limited company
Contributed capital: 905 774,59 €
Latest accounts: 30/09/2025
Average workforce: 0,0 ETP

Joint committees (3)

Signals

Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 52 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	368,8 k €	+149%	148,4 k €	-69.2%	482,4 k €	-84.2%	3,1 M €	+563%	461,7 k €
EBITDA	349,7 k €	+277%	92,8 k €	-79.7%	457,8 k €	-83.8%	2,8 M €	+649%	377,6 k €
Operating result	336,3 k €	+366%	72,2 k €	-83.6%	439,2 k €	-84.9%	2,9 M €	+836%	310,8 k €
Net result	-5,5 M €	-731%	867 k €	-35.5%	1,3 M €	-48.4%	2,6 M €	+188%	903,8 k €
Balance sheet
Equity	21,1 M €	-24.7%	28 M €	+3.2%	27,1 M €	+5.2%	25,8 M €	+15.4%	22,4 M €
Total assets	29,4 M €	-26.8%	40,1 M €	-6.4%	42,8 M €	+12.3%	38,1 M €	+1.9%	37,4 M €
Cash	234,1 k €	+42.4%	164,4 k €	-88.5%	1,4 M €	+21.7%	1,2 M €	-15.4%	1,4 M €
Debts	8,1 M €	-31.8%	11,9 M €	-22.9%	15,5 M €	+26.7%	12,2 M €	-13.9%	14,2 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pulsed0660.867.928Represented by Van OLMEN CHRISTOPHE	Director20/09/2022 → 20/09/2028
Brigitte Goethals	Director21/10/2011 → 31/07/2027Mandate2020 accountsended
IMMOWE0450.235.002Represented by Geurts ALEX	Director29/05/2015 → 31/07/2027Managing director22/05/2003 → 2017 accountsended
Prime Management0780.878.803Represented by Verbrugge EDDY	Directoruntil 31/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DONK INVEST0438.304.693Represented by Eddy Verbrugge	Director29/05/2015 → 2021 accounts
OLGRAN0478.915.625Represented by Philippe Van der Brempt	Managing director29/05/2015 → 03/06/2016

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	30/09/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/05/2026	14/07/2025	28/06/2024	25/07/2023	23/06/2022	11/08/2021
General meeting	31/03/2026	16/06/2025	25/06/2024	27/06/2023	31/05/2022	31/05/2021
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, 52 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	05/05/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	11/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	19/10/2020	Dutch	PDF
Full model	31/12/2018	03/06/2020	19/06/2020	Dutch	PDF
Full model	31/12/2017	21/11/2018	25/02/2019	Dutch	PDF
Full model	31/12/2016	30/08/2017	27/09/2017	Dutch	PDF
Full model	31/12/2015	31/08/2016	31/08/2016	Dutch	PDF
Consolidated accounts	31/12/2015	10/10/2016	14/10/2016	Dutch	PDF
Full model	31/12/2014	31/08/2015	31/08/2015	Dutch	PDF
Consolidated accounts	31/12/2014	09/10/2015	10/05/2016	Dutch	PDF
Full model	31/12/2013	20/08/2014	29/08/2014	Dutch	PDF
Consolidated accounts	31/12/2013	20/10/2014	10/05/2016	Dutch	PDF
Full model	31/12/2012	28/06/2013	30/08/2013	Dutch	PDF
Consolidated accounts	31/12/2012	28/06/2013	30/09/2013	Dutch	PDF
Full model	30/06/2011	10/11/2011	17/01/2012	Dutch	PDF
Consolidated accounts	30/06/2011	15/02/2013	30/09/2013	Dutch	PDF
Full model	31/12/2009	14/05/2010	30/07/2010	Dutch	PDF
Consolidated accounts	31/12/2009	14/09/2010	27/12/2010	Dutch	PDF
Full model	31/12/2008	14/05/2009	24/07/2009	Dutch	PDF
Consolidated accounts	31/12/2008	14/05/2009	30/10/2009	Dutch	PDF

View all 52 filings

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 30/09/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pulsed0660.867.928Represented by Van OLMEN CHRISTOPHE	Director20/09/2022 → 20/09/2028
Brigitte Goethals	Director21/10/2011 → 31/07/2027Mandate2020 accountsended
IMMOWE0450.235.002Represented by Geurts ALEX	Director29/05/2015 → 31/07/2027Managing director22/05/2003 → 2017 accountsended
Prime Management0780.878.803Represented by Verbrugge EDDY	Directoruntil 31/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DONK INVEST0438.304.693Represented by Eddy Verbrugge	Director29/05/2015 → 2021 accounts
OLGRAN0478.915.625Represented by Philippe Van der Brempt	Managing director29/05/2015 → 03/06/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/01/2026
BUITENGEWONE ALGEMENE VERGADERING VAN DE OVERNEMENDE
PDF
Restructuring13/11/2025
GEZAMENLIJK VOORSTEL TOT FUSIE DOOR OVERNEMING
PDF
Registered office02/05/2025
Verplaatsing maatschappelijke zetel en inrichting
PDF
Registered office29/10/2024
Zetelverplaatsing
PDF
Other22/09/2022
DIVERSEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Mandates03/06/2022
ONTSLAG EN BENOEMING BESTUURDER
PDF
Mandates07/09/2021
VERLENGING MANDATEN BESTUURDERS
PDF
Mandates07/09/2021
BENOEMING BIJKOMENDE BESTUURDER
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Pulsed

IMMOWE

Brigitte Goethals

Prime Management

DONK INVEST

OLGRAN

DICKENS MANAGEMENT & CONSULTING

Frank Van de Weghe

wmc

20032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Cenim

Halle-Velden 109, 2980 Zoersel

Director

DirectorManaging director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Halle-Velden 109, 2980 Zoersel	accounts 2024 → 2025	Accounts 2025 · 2026-00102276
Torfhoeken 39, 2970 Schilde	accounts 2023	Accounts 2023 · 2024-00194979
Boshuisweg 50, 2240 Zandhoven	accounts 2022	Accounts 2022 · 2023-00270539
Torfhoeken 39, 2970 Schilde	accounts 2021	Accounts 2021 · 2022-20141575

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Cenim	accounts 2021 → 2025	Accounts 2025 · 2026-00102276

Events

2025
Annual accounts 2025-5,5 M €↓
2024
Annual accounts 2024867 k €↓
2023
Annual accounts 20231,3 M €↓
2022
Annual accounts 20222,6 M €↑
2021
Annual accounts 2021903,8 k €↓
2020
Annual accounts 20208 M €↓
2019
Annual accounts 201917,5 M €↑
2017
Annual accounts 20173 M €↑
2016
Annual accounts 201659 k €↑
2015
Annual accounts 2015-259,5 k €↑
2014
Annual accounts 2014-1,6 M €↓
2013
Annual accounts 2013-1,2 M €↓
2012
Annual accounts 2012-401,6 k €↓
2011
Annual accounts 2011-238,4 k €↓
2009
Annual accounts 2009107,1 k €↓
2008
Annual accounts 2008472,7 k €↑
2007
Annual accounts 2007125,9 k €↑
2006
Annual accounts 2006-30,4 k €

CENIM

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

Registered offices

Company names

Events