ACTIVE

C.B.D.

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Financial year 2025 · closed on 31/12/2025

Net result

4,1 M €

+56.1% YoY

Revenue

57,4 M €

+28.3% YoY

Equity

16,4 M €

+23.0% YoY

Workforce

80,1 ETP

+0.5% YoY

What does C.B.D. do?

C.B.D. is a Public limited company incorporated in 1992. Its registered office is in Ath. It employs on average 80,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.579.783

Incorporation

04/02/1992

Legal form

Public limited company

Registered office

Rue des Prés du Roy 3
7800 Ath · WallonieSee on map

Contributed capital

244 000,00 €

Latest accounts

31/12/2025

Average workforce

80,1 ETP

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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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
Revenue	57,4 M €	+28.3%	44,7 M €	+9.4%	40,9 M €	-1.1%	41,3 M €	+10.6%	37,4 M €	-4.4%	39,1 M €	-1.3%	39,6 M €	-13.8%	46 M €	-13.6%	53,2 M €	+16.5%	45,7 M €	+17.4%	38,9 M €	+11.4%	34,9 M €	+3.9%	33,6 M €	+5.6%	31,8 M €	+19.5%	26,6 M €	+25.8%	21,2 M €	+14.4%	18,5 M €	+11.2%	16,6 M €	+7.4%	15,5 M €	-6.1%	16,5 M €
EBITDA	5,4 M €	+47.7%	3,7 M €	+43.2%	2,5 M €	-19.5%	3,2 M €	+295%	802,3 k €	+981%	-91 k €	+76.8%	-391,7 k €	-128%	1,4 M €	-52.5%	2,9 M €	+24.6%	2,3 M €	+5.5%	2,2 M €	-16.8%	2,7 M €	+19.2%	2,2 M €	-36.3%	3,5 M €	+68.5%	2,1 M €	+36.8%	1,5 M €	+57.5%	968,7 k €	+59.4%	607,6 k €	-43.2%	1,1 M €	-20.6%	1,3 M €
Operating result	5,1 M €	+58.8%	3,2 M €	+44.8%	2,2 M €	-19.5%	2,8 M €	+198%	933,6 k €	+372%	-343,8 k €	+54.3%	-752,3 k €	-178%	963,9 k €	-63.2%	2,6 M €	+32.1%	2 M €	+5.1%	1,9 M €	-21.6%	2,4 M €	+22.8%	2 M €	-39.4%	3,2 M €	+78.2%	1,8 M €	+43.8%	1,3 M €	+81.1%	695,7 k €	+86.2%	373,6 k €	-59.6%	924,7 k €	-21.9%	1,2 M €
Net result	4,1 M €	+56.1%	2,6 M €	+55.9%	1,7 M €	-24.9%	2,2 M €	+169%	825,8 k €	+328%	-362,5 k €	+60.3%	-912,7 k €	-240%	650,9 k €	-62.7%	1,7 M €	+29.2%	1,3 M €	-11.9%	1,5 M €	-11.2%	1,7 M €	+28.4%	1,3 M €	-40.3%	2,2 M €	+70.7%	1,3 M €	+46.1%	901,2 k €	+72.7%	521,8 k €	+37.6%	379,2 k €	-45.2%	691,8 k €	-21.0%	875,6 k €
Balance sheet
Equity	16,4 M €	+23.0%	13,3 M €	+13.7%	11,7 M €	+6.0%	11 M €	+23.1%	9 M €	+10.1%	8,1 M €	-4.3%	8,5 M €	-9.7%	9,4 M €	-23.2%	12,3 M €	+12.3%	10,9 M €	-0.5%	11 M €	+11.5%	9,8 M €	+15.5%	8,5 M €	+12.4%	7,6 M €	+32.2%	5,7 M €	+21.5%	4,7 M €	+14.6%	4,1 M €	+14.5%	3,6 M €	+11.8%	3,2 M €	+27.4%	2,5 M €
Total assets	29 M €	+24.9%	23,2 M €	+9.5%	21,2 M €	+4.1%	20,4 M €	+11.8%	18,2 M €	-5.7%	19,3 M €	-12.7%	22,2 M €	-7.6%	24 M €	-9.2%	26,4 M €	+9.6%	24,1 M €	+14.3%	21,1 M €	+9.2%	19,3 M €	+9.2%	17,7 M €	+14.4%	15,5 M €	+15.3%	13,4 M €	+45.2%	9,2 M €	+3.9%	8,9 M €	+19.9%	7,4 M €	+14.8%	6,5 M €	+3.9%	6,2 M €
Cash	1,2 M €	+12.9%	1,1 M €	-67.1%	3,3 M €	+97.3%	1,7 M €	-64.9%	4,8 M €	-25.8%	6,5 M €	+11.4%	5,8 M €	-16.6%	7 M €	+4.2%	6,7 M €	+21.0%	5,5 M €	-13.9%	6,4 M €	+36.1%	4,7 M €	-1.5%	4,8 M €	+301%	1,2 M €	-13.2%	1,4 M €	+14.6%	1,2 M €	-24.4%	1,6 M €	+816%	172,8 k €	-25.2%	230,9 k €	-70.1%	773,2 k €
Debts	12,6 M €	+27.5%	9,9 M €	+4.4%	9,5 M €	+1.7%	9,3 M €	+1.2%	9,2 M €	-15.0%	10,8 M €	-20.4%	13,6 M €	-6.4%	14,5 M €	+4.9%	13,8 M €	+6.1%	13 M €	+30.8%	10 M €	+5.8%	9,4 M €	+3.4%	9,1 M €	+16.8%	7,8 M €	+2.6%	7,6 M €	+70.1%	4,5 M €	-6.1%	4,8 M €	+25.1%	3,8 M €	+17.8%	3,2 M €	-12.3%	3,7 M €
Other
Workforce	80,1 ETP	+0.5%	79,7 ETP	-7.0%	85,7 ETP	+0.5%	85,3 ETP	-2.8%	87,8 ETP	-8.0%	95,4 ETP	-9.7%	105,7 ETP	+10.2%	95,9 ETP	+3.6%	92,6 ETP	+2.3%	90,5 ETP	-24.2%	119,4 ETP	+64.9%	72,4 ETP	+0.3%	72,2 ETP	+3.1%	70,0 ETP	+8.0%	64,8 ETP	+11.3%	58,2 ETP	-2.3%	59,6 ETP	+25.2%	47,6 ETP	-0.8%	48,0 ETP	-1.0%	48,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 39 ended

Active mandates

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Dirk Damman

Active

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Dimitri Damman

Active

Ended mandates

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Dirk DAMMAN

Ended

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Damman DIRK

Ended

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Damman DIMITRI

Ended

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Dimitri DAMMAN

Ended

At this address

Other companies at this address

Company	CBE no.
La Société Simple CBD-ICONTECH HPE● Active	1023.040.588
SS CBD ICM WANTY SWDE SENEFFE● Active	0767.522.792
SSM CBD-Damman● Active	1017.026.291

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	26/05/2026	30/06/2025	28/06/2024	07/06/2023	17/05/2022	04/06/2021
General meeting	15/05/2026	15/06/2025	31/05/2024	31/05/2023	12/05/2022	14/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/05/2026	26/05/2026	French	PDF
Full model	31/12/2024	15/06/2025	30/06/2025	French	PDF
Full model	31/12/2023	31/05/2024	28/06/2024	French	PDF
Full model	31/12/2022	31/05/2023	07/06/2023	French	PDF
Full model	31/12/2021	12/05/2022	17/05/2022	French	PDF
Full model	31/12/2020	14/05/2021	04/06/2021	French	PDF
Full model	31/12/2019	14/05/2020	18/05/2020	French	PDF
Full model	31/12/2018	09/05/2019	22/05/2019	French	PDF
Full model	31/12/2017	31/05/2018	08/06/2018	French	PDF
Full model	31/12/2016	01/06/2017	13/06/2017	French	PDF
Full model	31/12/2015	12/05/2016	13/06/2016	French	PDF
Full model	31/12/2014	15/05/2015	27/05/2015	French	PDF
Full model	31/12/2013	08/05/2014	26/05/2014	French	PDF
Full model	31/12/2012	10/05/2013	10/06/2013	French	PDF
Full model	31/12/2011	10/05/2012	18/06/2012	French	PDF
Full model	31/12/2010	12/05/2011	14/06/2011	French	PDF
Full model	31/12/2009	14/05/2010	22/06/2010	French	PDF
Full model	31/12/2008	14/05/2009	29/06/2009	French	PDF
Full model	31/12/2007	08/05/2008	10/06/2008	French	PDF
Full model	31/12/2006	10/05/2007	18/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 39 ended

Active mandates

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Dirk Damman

Active

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Dimitri Damman

Active

Ended mandates

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Dirk DAMMAN

Ended

D.D.D. CONSULT

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0476.580.596

Represented by Damman DIRK

Ended

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Damman DIMITRI

Ended

HODIMI

Managing director · since 31 mai 2023 · until 10 mai 2029 · 0656.723.256

Represented by Dimitri DAMMAN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/09/2023
DEMISSIONS, NOMINATIONS
PDF
Restructuring07/11/2022
OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates20/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates23/06/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring13/06/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates09/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/04/2021
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

2025
Annual accounts 20254,1 M €↑
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 20231,7 M €↓
2022
Annual accounts 20222,2 M €↑
2021
Annual accounts 2021825,8 k €↑
2020
Annual accounts 2020-362,5 k €↑
2019
Annual accounts 2019-912,7 k €↓
2018
Annual accounts 2018650,9 k €↓
2017
Annual accounts 20171,7 M €↑
2016
Annual accounts 20161,3 M €↓
2015
Annual accounts 20151,5 M €↓
2014
Annual accounts 20141,7 M €↑
2013
Annual accounts 20131,3 M €↓
2012
Annual accounts 20122,2 M €↑
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 2010901,2 k €↑
2009
Annual accounts 2009521,8 k €↑
2008
Annual accounts 2008379,2 k €↓
2007
Annual accounts 2007691,8 k €↓
2006
Annual accounts 2006875,6 k €
04/02/1992
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

C.B.D.

Overview

What does C.B.D. 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