ACTIVE

CIDEC

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Financial year 2025 · closed on 31/12/2025
Net result
209,8 k €
+68.6% YoY
Equity
1,6 M €
+14.8% YoY

What does CIDEC do?

CIDEC is a Public limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.968.127
Incorporation
04/12/1990
Legal form
Public limited company
Registered office
Rijksweg 125
8531 Harelbeke · FlandreSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Joint committees (1)
  • 218
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162014201320122011201020092006
Income statement
Gross margin––––––––––349,5 k €410,7 k €420,1 k €429,3 k €417,5 k €475 k €483,6 k €
EBITDA1,1 M €1,1 M €740,6 k €608,7 k €639,8 k €605,5 k €1,1 M €483,5 k €514,1 k €360,9 k €281,1 k €352,1 k €354,9 k €321,7 k €353,9 k €414,2 k €399,5 k €
Operating result581,9 k €592,5 k €478,3 k €429,8 k €458,2 k €425,9 k €900,8 k €333,3 k €371,5 k €312,2 k €253,4 k €320 k €322,8 k €289,6 k €313,6 k €373,9 k €346,8 k €
Net result209,8 k €124,4 k €147 k €280,7 k €309,2 k €324,4 k €579,6 k €-63,7 k €254,6 k €134,7 k €383,6 k €262,3 k €1,7 M €1,3 M €1 M €533,5 k €613,7 €
Balance sheet
Equity1,6 M €1,4 M €1,3 M €1,1 M €861,7 k €552,4 k €1,1 M €549,6 k €613,3 k €358,8 k €5,1 M €4,7 M €4,5 M €2,8 M €1,4 M €422 k €1,7 M €
Total assets8,7 M €8,8 M €9 M €6,1 M €2,5 M €2,8 M €2,7 M €2,8 M €2,8 M €2,9 M €6 M €6 M €5,9 M €4,3 M €4,1 M €4,1 M €5,8 M €
Cash250 k €250 k €250 k €250 k €–––8,7 k €3,6 k €2,4 k €118,1 k €127,4 k €122,2 k €8,3 k €9,3 k €8,5 k €20,2 k €
Debts7 M €7,2 M €7,7 M €5 M €1,6 M €2,2 M €1,6 M €2,2 M €2,2 M €2,5 M €734,8 k €1,2 M €1,4 M €1,5 M €2,6 M €3,7 M €4 M €
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 · 2 active · 21 ended

Active mandates

Hunter Douglas Belgium

Director · since 02 juin 2026 · until 01 juin 2028 · 0413.567.616

Represented by Luc Janvier

Active
Frederikus Hassing

Managing director · since 03 juin 2024 · until 02 juin 2027

Active

Ended mandates

Adrianus Kuiper

Director · since 28 mai 2020 · until 01 juillet 2025

Ended
Cornelis van Leeuwen

Managing director · since 28 mai 2019 · until 01 juin 2025

Ended
Cornelis van Leeuwen

Managing director · since 28 mai 2019 · until 02 juin 2025

Ended
Hunter Douglas Belgium

Director · since 28 mai 2019 · until 01 juin 2025 · 0413.567.616

Represented by Luc Janvier

Ended
At this address

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0400.534.378
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0896.806.075
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/07/202629/06/202524/06/202421/06/202317/06/202225/06/2021
General meeting01/06/202602/06/202503/06/202401/06/202301/06/202201/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202624/07/2026DutchPDF
Full model31/12/202402/06/202529/06/2025DutchPDF
Full model31/12/202303/06/202424/06/2024DutchPDF
Full model31/12/202201/06/202321/06/2023DutchPDF
Full model31/12/202101/06/202217/06/2022DutchPDF
Full model31/12/202001/06/202125/06/2021DutchPDF
Full model31/12/201913/07/202017/08/2020DutchPDF
Full model30/06/201801/12/201804/01/2019DutchPDF
Full model30/06/201702/12/201728/02/2018DutchPDF
Full model30/06/201603/12/201627/02/2018DutchPDF
Full model30/06/201505/12/201529/02/2016DutchPDF
Abridged model30/06/201406/12/201418/02/2015DutchPDF
Abridged model30/06/201307/12/201325/02/2014DutchPDF
Abridged model30/06/201201/12/201211/02/2013DutchPDF
Abridged model30/06/201125/08/201129/08/2011DutchPDF
Abridged model30/06/201004/12/201003/02/2011DutchPDF
Abridged model30/06/200905/12/200905/02/2010DutchPDF
Abridged model30/06/200806/12/200803/02/2009DutchPDF
Abridged model31/12/200602/06/200731/08/2007DutchPDF
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 · 2 active · 21 ended

Active mandates

Hunter Douglas Belgium

Director · since 02 juin 2026 · until 01 juin 2028 · 0413.567.616

Represented by Luc Janvier

Active
Frederikus Hassing

Managing director · since 03 juin 2024 · until 02 juin 2027

Active

Ended mandates

Adrianus Kuiper

Director · since 28 mai 2020 · until 01 juillet 2025

Ended
Cornelis van Leeuwen

Managing director · since 28 mai 2019 · until 01 juin 2025

Ended
Cornelis van Leeuwen

Managing director · since 28 mai 2019 · until 02 juin 2025

Ended
Hunter Douglas Belgium

Director · since 28 mai 2019 · until 01 juin 2025 · 0413.567.616

Represented by Luc Janvier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2018
    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

Timeline

  1. 2025
    Annual accounts 2025209,8 k €↑
  2. 2024
    Annual accounts 2024124,4 k €↓
  3. 2023
    Annual accounts 2023147 k €↓
  4. 2022
    Annual accounts 2022280,7 k €↓
  5. 2021
    Annual accounts 2021309,2 k €↓
  6. 2020
    Annual accounts 2020324,4 k €↓
  7. 2019
    Annual accounts 2019579,6 k €↑
  8. 2018
    Annual accounts 2018-63,7 k €↓
  9. 2017
    Annual accounts 2017254,6 k €↑
  10. 2016
    Annual accounts 2016134,7 k €↓
  11. 2014
    Annual accounts 2014383,6 k €↑
  12. 2013
    Annual accounts 2013262,3 k €↓
  13. 2012
    Annual accounts 20121,7 M €↑
  14. 2011
    Annual accounts 20111,3 M €↑
  15. 2010
    Annual accounts 20101 M €↑
  16. 2009
    Annual accounts 2009533,5 k €↑
  17. 2006
    Annual accounts 2006613,7 €
  18. 04/12/1990
    IncorporationPublic limited company