CEDREC
0428.227.878 · rovalta.com · 22/09/2026
ACTIVE
CEDREC
Financial year 2025 · closed on 31/12/2025
Net result
5,5 k €
+123.2% YoY
Gross margin
73,3 k €
+186.1% YoY
Equity
363,5 k €
+1.5% YoY
Overview
What does CEDREC do?
CEDREC is a Public limited company incorporated in 1985. Its registered office is in Bruxelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.227.878
Incorporation
17/12/1985
Legal form
Public limited company
Registered office
Rue Grétry 52
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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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 | 73,3 k € | +186% | 25,6 k € | +78.1% | 14,4 k € | -44.9% | 26,1 k € | -29.6% | 37 k € | +50.0% | 24,7 k € | +17.7% | 21 k € | -96.2% | 556,8 k € | +1000% | 50,6 k € | -12.9% | 58,1 k € | -57.5% | 136,8 k € | -32.6% | 203 k € | +44.9% | 140,1 k € | +16.7% | 120 k € | -0.1% | 120,1 k € | +0.4% | 119,6 k € | -24.0% | 157,3 k € | +27.2% | 123,7 k € | -6.2% | 131,8 k € | -1.5% | 133,8 k € |
| EBITDA | 39,8 k € | +266% | 10,9 k € | +134% | 4,6 k € | +106% | -82,5 k € | -620% | 15,9 k € | +172% | -22 k € | -98.8% | -11,1 k € | -102% | 522,2 k € | +3017% | 16,8 k € | +315% | -7,8 k € | -109% | 85,3 k € | -40.1% | 142,4 k € | +30.0% | 109,6 k € | +13.8% | 96,3 k € | -10.4% | 107,5 k € | +0.2% | 107,3 k € | -25.9% | 144,8 k € | +30.5% | 111 k € | -8.2% | 120,9 k € | -0.7% | 121,7 k € |
| Operating result | 5,7 k € | +124% | -23,6 k € | +24.1% | -31 k € | +63.7% | -85,5 k € | -331% | -19,8 k € | +68.6% | -63,2 k € | -16.5% | -54,2 k € | -111% | 479,1 k € | +1827% | -27,7 k € | +26.7% | -37,9 k € | -169% | 55,2 k € | -50.8% | 112,2 k € | +43.8% | 78 k € | +19.0% | 65,6 k € | -15.4% | 77,6 k € | -3.5% | 80,4 k € | -23.8% | 105,5 k € | +47.3% | 71,6 k € | -11.9% | 81,3 k € | -0.8% | 82 k € |
| Net result | 5,5 k € | +123% | -23,8 k € | +23.7% | -31,2 k € | -484% | 8,1 k € | +139% | -20,6 k € | +68.0% | -64,5 k € | -16.9% | -55,2 k € | -117% | 329,4 k € | +1239% | -28,9 k € | +24.5% | -38,3 k € | -201% | 38 k € | -52.4% | 79,7 k € | +49.7% | 53,3 k € | +22.3% | 43,5 k € | -16.5% | 52,1 k € | +5.2% | 49,6 k € | -18.3% | 60,7 k € | +55.2% | 39,1 k € | +150% | 15,7 k € | -50.6% | 31,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 363,5 k € | +1.5% | 357,9 k € | -6.2% | 381,8 k € | -7.6% | 413 k € | +2.0% | 404,9 k € | -4.9% | 425,5 k € | -13.2% | 490,1 k € | -10.1% | 545,3 k € | -27.7% | 754,7 k € | -3.7% | 783,6 k € | -4.7% | 821,9 k € | +4.8% | 783,9 k € | +11.3% | 704,2 k € | -1.4% | 714,2 k € | +6.5% | 670,7 k € | +8.4% | 618,5 k € | +8.7% | 569 k € | +11.9% | 508,3 k € | +8.3% | 469,2 k € | +3.5% | 453,5 k € |
| Total assets | 416 k € | +12.8% | 368,7 k € | -17.6% | 447,2 k € | -6.7% | 479,5 k € | -15.1% | 565 k € | -4.6% | 592,6 k € | -10.0% | 658 k € | -47.7% | 1,3 M € | +59.9% | 786,7 k € | -3.0% | 811 k € | -8.8% | 889,7 k € | +0.1% | 889,1 k € | +10.2% | 806,5 k € | -4.9% | 848,4 k € | -4.0% | 883,6 k € | -0.6% | 888,9 k € | +2.6% | 866,4 k € | +3.7% | 835,6 k € | +2.0% | 819,4 k € | -12.1% | 931,8 k € |
| Cash | 102,9 k € | +46.7% | 70,2 k € | +0.4% | 69,9 k € | -15.7% | 82,9 k € | -5.2% | 87,4 k € | -16.2% | 104,2 k € | -28.7% | 146,2 k € | -78.7% | 687,4 k € | +429% | 129,9 k € | +19.0% | 109,2 k € | -45.5% | 200,4 k € | -6.8% | 215 k € | +8.3% | 198,5 k € | -17.4% | 240,4 k € | -12.4% | 274,4 k € | -8.5% | 299,8 k € | +29.9% | 230,8 k € | +9.7% | 210,4 k € | +13.5% | 185,4 k € | -24.5% | 245,4 k € |
| Debts | 52,6 k € | +389% | 10,8 k € | -83.6% | 65,4 k € | -1.6% | 66,5 k € | +486% | 11,4 k € | -37.8% | 18,2 k € | -4.8% | 19,2 k € | -96.6% | 563,7 k € | +1661% | 32 k € | +16.5% | 27,5 k € | +10.6% | 24,8 k € | -67.0% | 75,2 k € | -26.5% | 102,3 k € | -23.7% | 134,1 k € | -37.0% | 212,9 k € | -21.3% | 270,4 k € | -9.1% | 297,4 k € | -8.5% | 324,9 k € | -5.2% | 342,8 k € | -27.2% | 470,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,5 ETP | -50.0% | 1,0 ETP | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
CEDRIC LAVALLE
ActiveLucrèce DE KEYSER
ActiveEnded mandates
CEDRIC LAVALLE
EndedL. VAN LANGENHOVE
EndedLucrèce DE KEYSER
EndedMichele LAVALLE
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
B.S.D.● Active | 0460.516.309 |
Financials
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 | 10/08/2026 | 29/07/2025 | 01/07/2024 | 08/07/2023 | 25/08/2022 | 26/08/2021 |
| General meeting | 27/06/2026 | 24/05/2025 | 25/05/2024 | 27/05/2023 | 28/05/2022 | 22/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 27/06/2026 | 10/08/2026 | French | |
| Micro model | 31/12/2024 | 24/05/2025 | 29/07/2025 | French | |
| Micro model | 31/12/2023 | 25/05/2024 | 01/07/2024 | French | |
| Micro model | 31/12/2022 | 27/05/2023 | 08/07/2023 | French | |
| Micro model | 31/12/2021 | 28/05/2022 | 25/08/2022 | French | |
| Micro model | 31/12/2020 | 22/05/2021 | 26/08/2021 | French | |
| Micro model | 31/12/2019 | 23/05/2020 | 28/07/2020 | French | |
| Micro model | 31/12/2018 | 25/05/2019 | 30/08/2019 | French | |
| Micro model | 31/12/2017 | 26/05/2018 | 18/07/2018 | French | |
| Micro model | 31/12/2016 | 27/05/2017 | 30/08/2017 | French | |
| Abridged model | 31/12/2015 | 28/05/2016 | 26/08/2016 | French | |
| Abridged model | 31/12/2014 | 23/05/2015 | 28/08/2015 | French | |
| Abridged model | 31/12/2013 | 24/05/2014 | 20/08/2014 | French | |
| Abridged model | 31/12/2012 | 25/05/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 26/05/2012 | 30/08/2012 | French | |
| Abridged model | 31/12/2010 | 28/05/2011 | 30/08/2011 | French | |
| Abridged model | 31/12/2009 | 22/05/2010 | 24/08/2010 | French | |
| Abridged model | 31/12/2008 | 23/05/2009 | 26/08/2009 | French | |
| Abridged model | 31/12/2007 | 24/05/2008 | 22/08/2008 | French | |
| Abridged model | 31/12/2006 | 26/05/2007 | 28/08/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
CEDRIC LAVALLE
ActiveLucrèce DE KEYSER
ActiveEnded mandates
CEDRIC LAVALLE
EndedL. VAN LANGENHOVE
EndedLucrèce DE KEYSER
EndedMichele LAVALLE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/08/2024DEMISSIONS, NOMINATIONS
- Mandates25/02/2021DEMISSIONS, NOMINATIONS
- Capital / shares24/12/2018CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates20/04/2018DEMISSIONS, NOMINATIONS
- Capital / shares14/01/2014CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates11/10/2010DEMISSIONS, NOMINATIONS
- Mandates03/03/2006DEMISSIONS, NOMINATIONS
- Registered office07/03/2005SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255,5 k €↑
- 2024Annual accounts 2024-23,8 k €↑
- 2023Annual accounts 2023-31,2 k €↓
- 2022Annual accounts 20228,1 k €↑
- 2021Annual accounts 2021-20,6 k €↑
- 2020Annual accounts 2020-64,5 k €↓
- 2019Annual accounts 2019-55,2 k €↓
- 2018Annual accounts 2018329,4 k €↑
- 2017Annual accounts 2017-28,9 k €↑
- 2016Annual accounts 2016-38,3 k €↓
- 2015Annual accounts 201538 k €↓
- 2014Annual accounts 201479,7 k €↑
- 2013Annual accounts 201353,3 k €↑
- 2012Annual accounts 201243,5 k €↓
- 2011Annual accounts 201152,1 k €↑
- 2010Annual accounts 201049,6 k €↓
- 2009Annual accounts 200960,7 k €↑
- 2008Annual accounts 200839,1 k €↑
- 2007Annual accounts 200715,7 k €↓
- 2006Annual accounts 200631,7 k €
- 17/12/1985IncorporationPublic limited company