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)
  • 112
  • 200
  • 218
Signals
Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 52 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin368,8 k €148,4 k €482,4 k €3,1 M €461,7 k €
EBITDA349,7 k €92,8 k €457,8 k €2,8 M €377,6 k €
Operating result336,3 k €72,2 k €439,2 k €2,9 M €310,8 k €
Net result-5,5 M €867 k €1,3 M €2,6 M €903,8 k €
Balance sheet
Equity21,1 M €28 M €27,1 M €25,8 M €22,4 M €
Total assets29,4 M €40,1 M €42,8 M €38,1 M €37,4 M €
Cash234,1 k €164,4 k €1,4 M €1,2 M €1,4 M €
Debts8,1 M €11,9 M €15,5 M €12,2 M €14,2 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP–

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 36 ended

Active mandates

Pulsed

Director · since 20 septembre 2022 · until 20 septembre 2028 · 0660.867.928

Represented by Christophe Van Olmen

Active
Brigitte Goethals

Director · since 31 juillet 2021 · until 31 juillet 2027

Active
IMMOWE

Director · since 31 juillet 2021 · until 31 juillet 2027 · 0450.235.002

Represented by Alex Geurts

Active
Prime Management

Director · until 31 mai 2027 · 0780.878.803

Represented by Eddy VERBRUGGE

Active

Ended mandates

Pulsed

Director · since 20 septembre 2022 · until 20 septembre 2028 · 0660.867.928

Represented by Van OLMEN CHRISTOPHE

Ended
DONK INVEST

Director · since 31 juillet 2021 · until 27 janvier 2022 · 0438.304.693

Represented by Eddy Verbrugge

Ended
IMMOWE

Director · since 31 juillet 2021 · until 31 juillet 2027 · 0450.235.002

Represented by Geurts ALEX

Ended
Brigitte Goethals

Director · since 29 mai 2015 · until 31 mai 2021

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/09/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date05/05/202614/07/202528/06/202425/07/202323/06/202211/08/2021
General meeting31/03/202616/06/202525/06/202427/06/202331/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 52 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202605/05/2026DutchPDF
Abridged model31/12/202416/06/202514/07/2025DutchPDF
Abridged model31/12/202325/06/202428/06/2024DutchPDF
Abridged model31/12/202227/06/202325/07/2023DutchPDF
Abridged model31/12/202131/05/202223/06/2022DutchPDF
Abridged model31/12/202031/05/202111/08/2021DutchPDF
Abridged model31/12/201931/08/202019/10/2020DutchPDF
Full model31/12/201803/06/202019/06/2020DutchPDF
Full model31/12/201721/11/201825/02/2019DutchPDF
Full model31/12/201630/08/201727/09/2017DutchPDF
Full model31/12/201531/08/201631/08/2016DutchPDF
Consolidated accounts31/12/201510/10/201614/10/2016DutchPDF
Full model31/12/201431/08/201531/08/2015DutchPDF
Consolidated accounts31/12/201409/10/201510/05/2016DutchPDF
Full model31/12/201320/08/201429/08/2014DutchPDF
Consolidated accounts31/12/201320/10/201410/05/2016DutchPDF
Full model31/12/201228/06/201330/08/2013DutchPDF
Consolidated accounts31/12/201228/06/201330/09/2013DutchPDF
Full model30/06/201110/11/201117/01/2012DutchPDF
Consolidated accounts30/06/201115/02/201330/09/2013DutchPDF
Full model31/12/200914/05/201030/07/2010DutchPDF
Consolidated accounts31/12/200914/09/201027/12/2010DutchPDF
Full model31/12/200814/05/200924/07/2009DutchPDF
Consolidated accounts31/12/200814/05/200930/10/2009DutchPDF
Full model31/12/200708/05/200802/09/2008DutchPDF
Consolidated accounts31/12/200701/01/999928/11/2008DutchPDF
Full model31/12/200631/05/200716/07/2007DutchPDF
Consolidated accounts31/12/200631/05/200716/11/2007DutchPDF
Full model31/12/200501/06/200631/07/2006DutchPDF
Consolidated accounts31/12/200501/06/200630/08/2006DutchPDF
Full model31/12/200402/06/200526/07/2005DutchPDF
Consolidated accounts31/12/200402/06/200505/08/2005DutchPDF
Full model31/12/200303/06/200406/08/2004DutchPDF
Consolidated accounts31/12/200303/06/200404/01/2005DutchPDF
Full model31/12/200222/05/200325/07/2003DutchPDF
Full model31/12/200110/05/200217/07/2002DutchPDF
Full model31/12/200030/04/200121/06/2001DutchPDF
Full model31/12/199929/05/200029/06/2000DutchPDF
Full model31/12/199823/03/199926/03/1999DutchPDF
Full model31/12/199724/03/199804/05/1998Dutch—
Full model31/12/199625/03/199718/07/1997Dutch—
Full model31/12/199523/03/199607/05/1996Dutch—
Full model31/12/199428/03/199524/04/1995Dutch—
Full model31/12/199322/03/199430/03/1994Dutch—
Full model31/12/199223/03/199330/03/1993Dutch—
Full model31/12/199130/03/199229/04/1992Dutch—
Full model31/12/199026/03/199123/04/1991Dutch—
Full model31/12/198927/03/199011/04/1990Dutch—
Full model31/12/198818/04/198908/05/1989Dutch—
Full model31/12/198722/03/198821/04/1988Dutch—
Full model31/12/198624/03/198702/04/1987Dutch—
Full model31/12/198525/03/198608/04/1986Dutch—

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 · 36 ended

Active mandates

Pulsed

Director · since 20 septembre 2022 · until 20 septembre 2028 · 0660.867.928

Represented by Christophe Van Olmen

Active
Brigitte Goethals

Director · since 31 juillet 2021 · until 31 juillet 2027

Active
IMMOWE

Director · since 31 juillet 2021 · until 31 juillet 2027 · 0450.235.002

Represented by Alex Geurts

Active
Prime Management

Director · until 31 mai 2027 · 0780.878.803

Represented by Eddy VERBRUGGE

Active

Ended mandates

Pulsed

Director · since 20 septembre 2022 · until 20 septembre 2028 · 0660.867.928

Represented by Van OLMEN CHRISTOPHE

Ended
DONK INVEST

Director · since 31 juillet 2021 · until 27 janvier 2022 · 0438.304.693

Represented by Eddy Verbrugge

Ended
IMMOWE

Director · since 31 juillet 2021 · until 31 juillet 2027 · 0450.235.002

Represented by Geurts ALEX

Ended
Brigitte Goethals

Director · since 29 mai 2015 · until 31 mai 2021

Ended

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
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office29/10/2024
    MAATSCHAPPELIJKE ZETEL
    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

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-5,5 M €↓
  2. 2024
    Annual accounts 2024867 k €↓
  3. 2023
    Annual accounts 20231,3 M €↓
  4. 2022
    Annual accounts 20222,6 M €↑
  5. 2021
    Annual accounts 2021903,8 k €↓
  6. 2020
    Annual accounts 20208 M €↓
  7. 2019
    Annual accounts 201917,5 M €↑
  8. 2017
    Annual accounts 20173 M €↑
  9. 2016
    Annual accounts 201659 k €↑
  10. 2015
    Annual accounts 2015-259,5 k €↑
  11. 2014
    Annual accounts 2014-1,6 M €↓
  12. 2013
    Annual accounts 2013-1,2 M €↓
  13. 2012
    Annual accounts 2012-401,6 k €↓
  14. 2011
    Annual accounts 2011-238,4 k €↓
  15. 2009
    Annual accounts 2009107,1 k €↓
  16. 2008
    Annual accounts 2008472,7 k €↑
  17. 2007
    Annual accounts 2007125,9 k €↑
  18. 2006
    Annual accounts 2006-30,4 k €