ACTIVE

Cevea

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

213,4 k €

-6.6% YoY

Gross margin

704,5 k €

+14.5% YoY

Equity

795,2 k €

-25.8% YoY

What does Cevea do?

Cevea is a Public limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Ardooie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.114.797

Incorporation

21/01/1988

Legal form

Public limited company

Registered office

Oude Lichterveldsestraat 16
8850 Ardooie · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (3)

218
341
34100

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	704,5 k €	+14.5%	615,2 k €	+21.6%	505,7 k €	-4.8%	531,1 k €	-14.4%	620,4 k €	+62.8%	381,1 k €	+18.2%	322,4 k €	+6.6%	302,3 k €	+16.5%	259,5 k €	+0.9%	257,2 k €	+3.4%	248,7 k €	-14.6%	291,2 k €	+71.1%	170,2 k €	+9.7%	155,2 k €	+13.0%	137,3 k €	+15.9%	118,5 k €	-47.0%	223,5 k €	+36.8%	163,4 k €
EBITDA	371,5 k €	+8.9%	341 k €	+46.8%	232,4 k €	-23.3%	302,9 k €	-23.5%	396 k €	+85.9%	213 k €	+16.9%	182,2 k €	+37.8%	132,2 k €	+11.0%	119,2 k €	+8.4%	109,9 k €	+7.4%	102,3 k €	-30.2%	146,6 k €	+220%	45,8 k €	+45.1%	31,6 k €	+1035%	2,8 k €	+135%	-7,9 k €	-107%	114,5 k €	+139%	47,9 k €
Operating result	315,9 k €	-2.3%	323,4 k €	+58.5%	204,1 k €	-26.1%	276,4 k €	-25.3%	369,9 k €	+87.9%	196,8 k €	+16.9%	168,4 k €	+38.2%	121,8 k €	+90.3%	64 k €	+14.3%	56 k €	+11.7%	50,1 k €	-48.0%	96,4 k €	+822%	-13,4 k €	+74.0%	-51,4 k €	+40.7%	-86,7 k €	+18.8%	-106,8 k €	-1835%	6,2 k €	-56.6%	14,2 k €
Net result	213,4 k €	-6.6%	228,4 k €	+61.5%	141,4 k €	-34.6%	216,4 k €	-15.0%	254,6 k €	+87.9%	135,5 k €	-19.7%	168,7 k €	+38.4%	121,8 k €	+90.1%	64,1 k €	+11.7%	57,4 k €	+14.3%	50,2 k €	-51.6%	103,6 k €	+200%	-103,4 k €	-99.5%	-51,8 k €	-986%	5,9 k €	+105%	-124,4 k €	-1934%	6,8 k €	+403%	1,3 k €
Balance sheet
Equity	795,2 k €	-25.8%	1,1 M €	+7.3%	999,1 k €	+13.3%	882 k €	+29.1%	683,1 k €	+214%	217,5 k €	+165%	82 k €	+11.9%	73,3 k €	-34.2%	111,4 k €	+135%	47,3 k €	+571%	-10,1 k €	+83.3%	-60,3 k €	+63.2%	-163,9 k €	-171%	-60,5 k €	-597%	-8,7 k €	+40.3%	-14,5 k €	-113%	109,9 k €	+6.6%	103,1 k €
Total assets	923 k €	-23.2%	1,2 M €	+9.8%	1,1 M €	+8.9%	1 M €	+30.0%	772,8 k €	+194%	263,2 k €	-4.7%	276,2 k €	+5.2%	262,4 k €	+93.3%	135,8 k €	-8.4%	148,2 k €	-35.0%	228 k €	+10.7%	206 k €	-18.9%	254,2 k €	-16.2%	303,3 k €	-19.8%	378,1 k €	-16.2%	451 k €	-13.9%	523,6 k €	+18.1%	443,4 k €
Cash	477,4 k €	+4.1%	458,6 k €	+20.1%	381,8 k €	+41.7%	269,5 k €	+313%	65,3 k €	-41.0%	110,5 k €	-51.1%	226,1 k €	+11.4%	203 k €	+214%	64,7 k €	+436%	12,1 k €	-75.4%	49,2 k €	-20.6%	61,9 k €	+223%	19,2 k €	+12.3%	17,1 k €	+68.1%	10,2 k €	-68.9%	32,7 k €	-51.4%	67,2 k €	-28.3%	93,9 k €
Debts	90,4 k €	-30.4%	129,8 k €	+36.2%	95,3 k €	-22.4%	122,9 k €	+37.1%	89,6 k €	+95.9%	45,7 k €	-76.4%	194,2 k €	+2.7%	189,1 k €	+677%	24,4 k €	-75.9%	100,9 k €	-57.6%	238,1 k €	-10.6%	266,3 k €	-36.3%	418,1 k €	+14.9%	363,9 k €	-5.9%	386,8 k €	-16.9%	465,5 k €	+12.5%	413,7 k €	+21.6%	340,3 k €
Other
Workforce	–		4,2 ETP	+7.7%	3,9 ETP		–		–		–		–		–		2,8 ETP	-15.2%	3,3 ETP	0.0%	3,3 ETP	-15.4%	3,9 ETP	+2.6%	3,8 ETP	-2.6%	3,9 ETP	+34.5%	2,9 ETP	+20.8%	2,4 ETP	+9.1%	2,2 ETP	+120%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 25 ended

Active mandates

Danny Carette

Managing director · since 19 décembre 2023 · until 05 mai 2029

Active

Simon Carette

Managing director · since 19 décembre 2023 · until 05 mai 2029

Active

Ended mandates

Danny Carette

Director · since 19 décembre 2023

Ended

Simon Carette

Director · since 19 décembre 2023

Ended

DANNY CARETTE

Managing director · since 06 mai 2011 · until 05 mai 2017

Ended

PIETER CARETTE

Director · since 06 mai 2011 · until 05 mai 2017

Ended

At this address

Other companies at this address

Company	CBE no.
CARFINPRO● Active	0768.374.117
Depea● Active	0405.556.010

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged 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	02/06/2026	10/07/2025	23/09/2024	31/08/2023	29/07/2022	08/06/2021
General meeting	01/05/2026	10/06/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
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 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/05/2026	02/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	10/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	03/05/2024	23/09/2024	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	25/07/2024	Dutch	PDF
Micro model	31/12/2022	05/05/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	06/05/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	07/05/2021	08/06/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	03/05/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	24/08/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	22/09/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	17/09/2016	26/09/2016	Dutch	PDF
Abridged model	31/12/2014	18/09/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	28/10/2013	14/11/2013	Dutch	PDF
Abridged model	31/12/2011	09/02/2013	15/02/2013	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	31/01/2012	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	23/09/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	26/11/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	28/07/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 25 ended

Active mandates

Danny Carette

Managing director · since 19 décembre 2023 · until 05 mai 2029

Active

Simon Carette

Managing director · since 19 décembre 2023 · until 05 mai 2029

Active

Ended mandates

Danny Carette

Director · since 19 décembre 2023

Ended

Simon Carette

Director · since 19 décembre 2023

Ended

DANNY CARETTE

Managing director · since 06 mai 2011 · until 05 mai 2017

Ended

PIETER CARETTE

Director · since 06 mai 2011 · until 05 mai 2017

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2006
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025213,4 k €↓
2024
Annual accounts 2024228,4 k €↑
2023
Annual accounts 2023141,4 k €↓
2022
Annual accounts 2022216,4 k €↓
2021
Annual accounts 2021254,6 k €↑
2018
Annual accounts 2018135,5 k €↓
2017
Annual accounts 2017168,7 k €↑
2016
Annual accounts 2016121,8 k €↑
2015
Annual accounts 201564,1 k €↑
2014
Annual accounts 201457,4 k €↑
2013
Annual accounts 201350,2 k €↓
2012
Annual accounts 2012103,6 k €↑
2011
Annual accounts 2011-103,4 k €↓
2010
Annual accounts 2010-51,8 k €↓
2009
Annual accounts 20095,9 k €↑
2008
Annual accounts 2008-124,4 k €↓
2007
Annual accounts 20076,8 k €↑
2006
Annual accounts 20061,3 k €
21/01/1988
IncorporationPublic 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

Cevea

Overview

What does Cevea do?

Trend over 18 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