ACTIVE

CEFRET

Financial year 2025 · closed on 31/12/2025
Net result
77,3 k €
+400.5% YoY
Gross margin
480,1 k €
+34.1% YoY
Equity
293,3 k €
+70.5% YoY

What does CEFRET do?

CEFRET is a Non-profit organization incorporated in 1989. Its main activity is: Security and investigation activities. Its registered office is in Mouscron.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.329.115
Incorporation
23/06/1989
Legal form
Non-profit organization
Registered office
Boulevard Industriel 62
7700 Mouscron · WallonieSee on map
Latest accounts
31/12/2025
Joint committees (3)
  • 102
  • 329
  • 32902
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192011201020082007
Income statement
Gross margin480,1 k €358 k €288,5 k €271 k €266,9 k €185,1 k €201,9 k €236,8 k €214,1 k €288,6 k €342,9 k €
EBITDA114 k €45,8 k €21 k €28,4 k €39,9 k €37,6 k €33,8 k €9,1 k €-2,4 k €30,1 k €40,7 k €
Operating result71,2 k €10 k €-21,3 k €-5,9 k €100,4 €101,6 €1,1 k €-14,7 k €-26,9 k €6,5 k €23,5 k €
Net result77,3 k €15,4 k €-15,4 k €-8,6 k €-1,7 k €6,6 k €23,5 k €
Balance sheet
Equity293,3 k €172 k €162,6 k €184 k €189,9 k €195,9 k €201,8 k €238,1 k €252,7 k €258,6 k €258 k €
Total assets460,5 k €271,6 k €279,6 k €282,8 k €407,4 k €426,2 k €478,4 k €282,4 k €280,9 k €343,6 k €329,5 k €
Cash180,2 k €40,9 k €74,5 k €81,9 k €187,7 k €138,1 k €139,8 k €48,9 k €12 k €731,3 €20,7 k €
Debts151,8 k €68,7 k €117,1 k €98,9 k €40,1 k €21,5 k €104,5 k €44,3 k €28,2 k €85,1 k €71,5 k €
Other
Workforce2,8 ETP2,7 ETP2,3 ETP2,9 ETP3,5 ETP3,5 ETP5,6 ETP6,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 52 ended

Active mandates

Björn De Kerpel

Director · since 24 juin 2025

Active
Ghilbert Jonathan

Director · since 24 juin 2025

Active
Yves Cammaert

Director · since 18 juin 2024

Active
Annelies Deman

Director · since 23 juin 2021

Active
Frédéric Glorieux

Director · since 23 juin 2021

Active
Godelieve De Preter

Director · since 23 juin 2021

Active
Guy Demuelenaere

Director · since 23 juin 2021

Active
Griet Bonami

Director · since 28 juin 2019

Active
Marylène Albers

Director · since 28 juin 2019

Active
Wout Verbeke

Director · since 28 juin 2019

Active
Eric Lheureux

Director · since 06 juin 2014

Active
Pascal Dewandeleer

Director · since 06 juin 2014

Active
Wim Van Goethem

Director · since 06 juin 2014

Active

Ended mandates

Annelies Deman

bestuurder · since 23 juin 2021

Ended
Frédéric Glorieux

bestuurder · since 23 juin 2021

Ended
Guy Demuelenaere

bestuurder · since 23 juin 2021

Ended
Lieve De Preter

bestuurder · since 23 juin 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202603/07/202526/06/202427/06/202328/06/202228/06/2021
General meeting23/06/202624/06/202520/06/202420/06/202321/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202523/06/202629/06/2026FrenchPDF
Micro model31/12/202424/06/202503/07/2025FrenchPDF
Micro model31/12/202320/06/202426/06/2024FrenchPDF
Abridged model31/12/202220/06/202327/06/2023FrenchPDF
Abridged model31/12/202121/06/202228/06/2022DutchPDF
Abridged model31/12/202023/06/202128/06/2021FrenchPDF
Abridged model31/12/201916/06/202015/07/2020FrenchPDF
Abridged model31/12/201119/06/201203/07/2012FrenchPDF
Abridged model31/12/201014/06/201128/06/2011DutchPDF
Abridged model31/12/200924/06/201014/07/2010DutchPDF
Abridged model31/12/200818/06/200907/07/2009FrenchPDF
Abridged model31/12/200726/06/200801/07/2008DutchPDF
Abridged model31/12/200626/06/200710/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 13 active · 52 ended

Active mandates

Björn De Kerpel

Director · since 24 juin 2025

Active
Ghilbert Jonathan

Director · since 24 juin 2025

Active
Yves Cammaert

Director · since 18 juin 2024

Active
Annelies Deman

Director · since 23 juin 2021

Active
Frédéric Glorieux

Director · since 23 juin 2021

Active
Godelieve De Preter

Director · since 23 juin 2021

Active
Guy Demuelenaere

Director · since 23 juin 2021

Active
Griet Bonami

Director · since 28 juin 2019

Active
Marylène Albers

Director · since 28 juin 2019

Active
Wout Verbeke

Director · since 28 juin 2019

Active
Eric Lheureux

Director · since 06 juin 2014

Active
Pascal Dewandeleer

Director · since 06 juin 2014

Active
Wim Van Goethem

Director · since 06 juin 2014

Active

Ended mandates

Annelies Deman

bestuurder · since 23 juin 2021

Ended
Frédéric Glorieux

bestuurder · since 23 juin 2021

Ended
Guy Demuelenaere

bestuurder · since 23 juin 2021

Ended
Lieve De Preter

bestuurder · since 23 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/07/2026
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2024
    Modification des administrateurs
    PDF
  • Mandates04/09/2023
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates23/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2017
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 202577,3 k €
  2. 2024
    Annual accounts 202415,4 k €
  3. 2023
    Annual accounts 2023-15,4 k €
  4. 2022
    Annual accounts 2022
  5. 2022
    Name changeC.E.F.R.E.T.
  6. 2021
    Annual accounts 2021
  7. 2021
    Name changeCEFRET
  8. 2020
    Annual accounts 2020
  9. 2019
    Annual accounts 2019
  10. 2011
    Annual accounts 2011-8,6 k €
  11. 2010
    Annual accounts 2010-1,7 k €
  12. 2008
    Annual accounts 20086,6 k €
  13. 2007
    Annual accounts 200723,5 k €
  14. 2007
    Name changeCEntre de Formation, de Recyclage et de Reconversion pour l'Industrie du Textile et de la Bonneterie
  15. 23/06/1989
    IncorporationNon-profit organization