ACTIVE

CEFRAB (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

608,4 k €

+5.7% YoY

Gross margin

1,4 M €

-0.7% YoY

Equity

3 M €

+25.1% YoY

What does CEFRAB do?

CEFRAB is a Private limited company incorporated in 1989. Its registered office is in Merelbeke-Melle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.312.028

Incorporation

18/04/1989

Legal form

Private limited company

Registered office

Burg. Maenhautstraat 64
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

400 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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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	1,4 M €	-0.7%	1,4 M €	+5.1%	1,3 M €	+9.7%	1,2 M €	+12.1%	1,1 M €	+14.6%	926,3 k €	+1.2%	915,6 k €	+6.4%	860,1 k €	+2.7%	837,5 k €	+6.2%	788,5 k €	+67.7%	470,2 k €	-10.5%	525,2 k €	+65.6%	317,2 k €	-5.8%	336,8 k €	-6.3%	359,3 k €	-3.2%	371,1 k €	+4.4%	355,6 k €	-1.1%	359,4 k €	+11.9%	321,2 k €	-6.2%	342,4 k €
EBITDA	1,2 M €	-1.1%	1,2 M €	+5.2%	1,2 M €	+9.0%	1,1 M €	+13.2%	957 k €	+14.7%	834,6 k €	-6.0%	888,2 k €	+14.4%	776,3 k €	+6.1%	731,5 k €	+4.8%	697,9 k €	+73.0%	403,5 k €	-12.2%	459,6 k €	+937%	-54,9 k €	-118%	300,8 k €	-3.7%	312,4 k €	-3.5%	323,8 k €	+5.2%	307,8 k €	-1.5%	312,5 k €	+13.1%	276,3 k €	-7.3%	298,1 k €
Operating result	873,1 k €	+4.6%	834,9 k €	+7.4%	777,5 k €	+21.3%	640,9 k €	+30.1%	492,7 k €	+291%	126 k €	-76.3%	531,7 k €	+29.8%	409,6 k €	+21.5%	337,1 k €	+1685%	18,9 k €	+203%	-18,3 k €	-107%	267,4 k €	+206%	-251,8 k €	-212%	224,6 k €	+38.0%	162,7 k €	+99.7%	81,5 k €	+34.2%	60,7 k €	-19.0%	74,9 k €	+249877%	-30 €	-100%	45 k €
Net result	608,4 k €	+5.7%	575,5 k €	+9.3%	526,6 k €	+25.4%	420 k €	+35.8%	309,2 k €	+630%	42,4 k €	-87.7%	345,6 k €	+37.0%	252,3 k €	+17.3%	215,1 k €	+1230%	16,2 k €	+100%	8,1 k €	-97.6%	329,6 k €	+448%	-94,7 k €	-104%	2,1 M €	+141%	885 k €	+168%	330,6 k €	-1.6%	335,9 k €	+239%	99,1 k €	+12.5%	88,1 k €	+16.6%	75,6 k €
Balance sheet
Equity	3 M €	+25.1%	2,4 M €	+2.2%	2,4 M €	-5.7%	2,5 M €	+2.6%	2,5 M €	-1.0%	2,5 M €	-6.2%	2,6 M €	+14.9%	2,3 M €	-52.4%	4,8 M €	+4.6%	4,6 M €	+0.3%	4,6 M €	+0.1%	4,6 M €	+7.6%	4,3 M €	-2.2%	4,4 M €	+94.7%	2,2 M €	+64.6%	1,4 M €	-76.4%	5,8 M €	+6.2%	5,4 M €	-2.8%	5,6 M €	-0.1%	5,6 M €
Total assets	5,9 M €	-3.1%	6,1 M €	-7.3%	6,5 M €	-4.3%	6,8 M €	-8.6%	7,5 M €	-3.2%	7,7 M €	+53.7%	5 M €	-36.2%	7,9 M €	+0.1%	7,9 M €	-0.4%	7,9 M €	-2.4%	8,1 M €	-2.9%	8,3 M €	+2.0%	8,2 M €	+44.6%	5,7 M €	+116%	2,6 M €	+83.8%	1,4 M €	-75.5%	5,8 M €	+6.1%	5,5 M €	-2.9%	5,6 M €	+0.1%	5,6 M €
Cash	414 k €	+37.5%	301 k €	+29.9%	231,7 k €	-2.0%	236,5 k €	+49.7%	158 k €	-48.1%	304,1 k €	+34.3%	226,5 k €	+576%	33,5 k €	-62.5%	89,4 k €	-87.9%	735,7 k €	+148%	296,8 k €	-82.5%	1,7 M €	+28.6%	1,3 M €	-37.2%	2,1 M €	+776%	239,2 k €	+20.4%	198,7 k €	-28.2%	276,7 k €	+63.3%	169,4 k €	-44.5%	305 k €	+30.9%	233 k €
Debts	2,6 M €	-22.8%	3,3 M €	-12.8%	3,8 M €	-2.7%	3,9 M €	-14.3%	4,6 M €	-3.6%	4,7 M €	+179%	1,7 M €	-64.5%	4,8 M €	+136%	2 M €	-8.2%	2,2 M €	-6.0%	2,3 M €	-7.6%	2,5 M €	-4.7%	2,7 M €	+837767%	317 €	-89.0%	2,9 k €	-94.6%	53 k €	+310%	12,9 k €	+112%	6,1 k €	-70.8%	20,8 k €	+95.1%	10,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

De Brauwer Vastgoed

Director · since 27 janvier 2021 · 0839.525.694

Represented by Vincent De Brauwer

Active

Ended mandates

MAUD FRANCIS

Director · since 05 juillet 2010 · until 05 décembre 2013

Ended

MAUD FRANCIS

Director · since 05 juillet 2010

Ended

VINCENT DE BRAUWER

Director · since 05 juillet 2010

Ended

CECILE BAETSLE

Managing director · until 05 juillet 2010

Ended

At this address

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Annual accounts

Full financial information

	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	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	28/04/2026	29/04/2025	30/04/2024	25/04/2023	25/04/2022	28/04/2021
General meeting	27/04/2026	28/04/2025	29/04/2024	24/04/2023	25/04/2022	26/04/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/04/2026	28/04/2026	Dutch	PDF
Abridged model	31/12/2024	28/04/2025	29/04/2025	Dutch	PDF
Abridged model	31/12/2023	29/04/2024	30/04/2024	Dutch	PDF
Abridged model	31/12/2022	24/04/2023	25/04/2023	Dutch	PDF
Abridged model	31/12/2021	25/04/2022	25/04/2022	Dutch	PDF
Abridged model	31/12/2020	26/04/2021	28/04/2021	Dutch	PDF
Abridged model	31/12/2019	27/04/2020	30/04/2020	Dutch	PDF
Abridged model	31/12/2018	30/04/2019	20/05/2019	Dutch	PDF
Abridged model	31/12/2017	30/04/2018	04/05/2018	Dutch	PDF
Abridged model	31/12/2016	24/04/2017	30/05/2017	Dutch	PDF
Abridged model	31/12/2015	25/04/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/04/2015	28/05/2015	Dutch	PDF
Abridged model	31/12/2013	28/04/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/04/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/04/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	26/04/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	18/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 13 ended

Active mandates

De Brauwer Vastgoed

Director · since 27 janvier 2021 · 0839.525.694

Represented by Vincent De Brauwer

Active

Ended mandates

MAUD FRANCIS

Director · since 05 juillet 2010 · until 05 décembre 2013

Ended

MAUD FRANCIS

Director · since 05 juillet 2010

Ended

VINCENT DE BRAUWER

Director · since 05 juillet 2010

Ended

CECILE BAETSLE

Managing director · until 05 juillet 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates12/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/07/2010
OMZETTING IN EURO — OMZETTING VAN DE AANDELEN AAN TOONDER :
PDF
Mandates01/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2002
ONTSLAGEN - BENOEMINGEN
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 2025608,4 k €↑
2024
Annual accounts 2024575,5 k €↑
2023
Annual accounts 2023526,6 k €↑
2022
Annual accounts 2022420 k €↑
2021
Annual accounts 2021309,2 k €↑
2020
Annual accounts 202042,4 k €↓
2019
Annual accounts 2019345,6 k €↑
2018
Annual accounts 2018252,3 k €↑
2017
Annual accounts 2017215,1 k €↑
2016
Annual accounts 201616,2 k €↑
2015
Annual accounts 20158,1 k €↓
2014
Annual accounts 2014329,6 k €↑
2013
Annual accounts 2013-94,7 k €↓
2012
Annual accounts 20122,1 M €↑
2011
Annual accounts 2011885 k €↑
2010
Annual accounts 2010330,6 k €↓
2009
Annual accounts 2009335,9 k €↑
2008
Annual accounts 200899,1 k €↑
2007
Annual accounts 200788,1 k €↑
2006
Annual accounts 200675,6 k €
18/04/1989
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

CEFRAB (SRL)

Overview

What does CEFRAB 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