ACTIVE

CIRA MANAGEMENT EXECUTIVE COACHING

Financial year 2025 · Closed on 30/09/2025

Net result180,5 k €+2 321,3 %over 1 year
Gross margin316,3 k €+110,7 %over 1 year
Equity793,1 k €+29,5 %over 1 year

Identity

Source · BCE/KBO

CIRA MANAGEMENT EXECUTIVE COACHING is a Public limited company incorporated in 1990. Its registered office is in Ninove.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.018.310
Incorporation
23/11/1990
Legal form
Public limited company
Registered office
Flierendries(Den) 12
9400 Ninove · FlandreSee on map
Contributed capital
201 644,69 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin316,3 k €150,1 k €132,7 k €208,5 k €98,8 k €
EBITDA295,1 k €132,2 k €118,4 k €186,9 k €77,2 k €
Operating result264,3 k €51,6 k €35,2 k €83,2 k €-26,6 k €
Net result180,5 k €7,5 k €-13,1 k €53,4 k €-26,9 k €
Balance sheet
Equity793,1 k €612,6 k €605,2 k €618,3 k €564,9 k €
Total assets1,3 M €1,2 M €1,3 M €1,4 M €1,5 M €
Cash428,5 k €33,7 k €23,9 k €64,1 k €5,2 k €
Debts496,6 k €550,9 k €661,1 k €771,4 k €849,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 17 ended

Active mandates

ELLEN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
HILDE CIETERS

Director · since 18 octobre 2023 · until 26 février 2028

Active
JAN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
KATRIEN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
PIETER RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active

Ended mandates

ELLEN RAES

Director · since 16 février 2019 · until 15 février 2025

Ended
HILDE CIETERS

Director · since 16 février 2019 · until 15 février 2025

Ended
JAN RAES

Managing director · since 16 février 2019 · until 15 février 2025

Ended
KATRIEN RAES

Director · since 16 février 2019 · until 25 février 2025

Ended

Other companies at this address

Flierendries(Den) 12 9400 Ninove
CompanyCBE no.
0774.730.585
Toba Company● Active
0778.671.161

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/03/202629/04/202530/04/202420/04/202302/05/202229/03/2021
General meeting28/02/202615/02/202517/02/202418/02/202319/02/202220/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202528/02/202613/03/2026DutchPDF
Micro model30/09/202415/02/202529/04/2025DutchPDF
Micro model30/09/202317/02/202430/04/2024DutchPDF
Micro model30/09/202218/02/202320/04/2023DutchPDF
Micro model30/09/202119/02/202202/05/2022DutchPDF
Micro model30/09/202020/02/202129/03/2021DutchPDF
Micro model30/09/201915/02/202026/03/2020DutchPDF
Micro model30/09/201816/02/201926/02/2019DutchPDF
Micro model30/09/201717/02/201821/02/2018DutchPDF
Abridged model30/09/201618/02/201714/03/2017DutchPDF
Abridged model30/09/201527/02/201624/03/2016DutchPDF
Abridged model30/09/201421/02/201517/03/2015DutchPDF
Abridged model30/09/201315/02/201418/02/2014DutchPDF
Abridged model30/09/201216/02/201318/02/2013DutchPDF
Abridged model30/09/201118/02/201227/02/2012DutchPDF
Abridged model30/09/201019/02/201123/02/2011DutchPDF
Abridged model30/09/200920/02/201022/02/2010DutchPDF
Abridged model30/09/200821/02/200917/03/2009DutchPDF
Abridged model30/09/200723/02/200813/03/2008DutchPDF
Abridged model30/09/200624/02/200715/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 17 ended

Active mandates

ELLEN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
HILDE CIETERS

Director · since 18 octobre 2023 · until 26 février 2028

Active
JAN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
KATRIEN RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active
PIETER RAES

Director · since 18 octobre 2023 · until 26 février 2028

Active

Ended mandates

ELLEN RAES

Director · since 16 février 2019 · until 15 février 2025

Ended
HILDE CIETERS

Director · since 16 février 2019 · until 15 février 2025

Ended
JAN RAES

Managing director · since 16 février 2019 · until 15 février 2025

Ended
KATRIEN RAES

Director · since 16 février 2019 · until 25 février 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/10/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/07/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates15/04/2010
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/07/2003
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN - BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF

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 2025180,5 k €↑
  2. 2024
    Annual accounts 20247,5 k €↑
  3. 2023
    Annual accounts 2023-13,1 k €↓
  4. 2022
    Annual accounts 202253,4 k €↑
  5. 2021
    Annual accounts 2021-26,9 k €↑
  6. 2020
    Annual accounts 2020-27,4 k €↓
  7. 2019
    Annual accounts 2019-7,6 k €↓
  8. 2018
    Annual accounts 20185,7 k €↑
  9. 2017
    Annual accounts 2017-9,3 k €↓
  10. 2016
    Annual accounts 201622,2 k €↑
  11. 2015
    Annual accounts 20153,3 k €↓
  12. 2013
    Annual accounts 201356,9 k €↓
  13. 2012
    Annual accounts 2012122,3 k €↑
  14. 2011
    Annual accounts 201143,3 k €↓
  15. 2010
    Annual accounts 2010163,5 k €↑
  16. 2009
    Annual accounts 2009-91,4 k €↑
  17. 2008
    Annual accounts 2008-163,9 k €↑
  18. 2007
    Annual accounts 2007-378,5 k €
  19. 23/11/1990
    IncorporationPublic limited company