ACTIVE

C.D.E.

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Financial year 2025 · closed on 31/12/2025

Net result

-608,5 k €

-699.6% YoY

Gross margin

1,1 M €

+10.2% YoY

Equity

-363,2 k €

-248.0% YoY

Workforce

14,2 ETP

+22.4% YoY

What does C.D.E. do?

C.D.E. is a Public limited company incorporated in 1993. Its registered office is in Sprimont. It employs on average 14,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.372.492

Incorporation

09/02/1993

Legal form

Public limited company

Registered office

Rue de la Légende 45 box E
4141 Sprimont · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

14,2 ETP

Joint committees (5)

149
14901
200
2000
218

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,1 M €	+10.2%	1 M €	-1.7%	1 M €	-27.5%	1,4 M €	+36.4%	1,1 M €	-9.0%	1,2 M €	+26.1%	922,8 k €	-10.2%	1 M €	+31.5%	781,1 k €	+27.9%	610,7 k €	-18.1%	745,2 k €	+3.7%	718,8 k €	+61.4%	445,3 k €	-50.0%	890,4 k €	+17.3%	759,1 k €	+2.2%	742,4 k €	-15.8%	881,6 k €	+17.1%	752,8 k €	-3.4%	779,5 k €
EBITDA	-556,9 k €	-455%	157 k €	-40.5%	263,8 k €	-64.1%	734,2 k €	+69.7%	432,6 k €	+0.6%	430,1 k €	+18.4%	363,3 k €	-17.1%	438,3 k €	+123%	196,7 k €	+596%	28,3 k €	-26.2%	38,3 k €	-67.9%	119,4 k €	+194%	-127,4 k €	-232%	96,2 k €	+3.9%	92,6 k €	-49.8%	184,4 k €	-5.5%	195,1 k €	-4.4%	204,2 k €	+552%	31,3 k €
Operating result	-587 k €	-523%	138,6 k €	-43.6%	245,6 k €	-66.1%	724,9 k €	+79.2%	404,5 k €	+1.0%	400,4 k €	+19.8%	334,2 k €	-21.2%	424,4 k €	+134%	181,1 k €	+787%	20,4 k €	+269%	-12,1 k €	-124%	50,6 k €	+126%	-192,2 k €	-812%	27 k €	-6.2%	28,8 k €	-69.4%	93,9 k €	-9.5%	103,8 k €	+0.5%	103,2 k €	+233%	-77,7 k €
Net result	-608,5 k €	-700%	101,5 k €	-43.1%	178,4 k €	-66.9%	538,4 k €	+79.5%	299,9 k €	+5.0%	285,7 k €	+22.2%	233,8 k €	-11.3%	263,6 k €	+151%	104,9 k €	+1073%	-10,8 k €	+28.7%	-15,1 k €	-52.2%	-9,9 k €	-142%	23,5 k €	-6.9%	25,3 k €	+826%	2,7 k €	-96.2%	71,8 k €	+22.1%	58,9 k €	+26.6%	46,5 k €	+135%	-134,6 k €
Balance sheet
Equity	-363,2 k €	-248%	245,4 k €	+70.5%	143,9 k €	-60.4%	363,5 k €	-14.5%	425,1 k €	+0.2%	424,2 k €	-25.0%	565,6 k €	+70.4%	331,9 k €	-16.5%	397,2 k €	+21.3%	327,4 k €	-3.2%	338,1 k €	-4.3%	353,3 k €	-2.7%	363,2 k €	+6.9%	339,7 k €	+8.0%	314,4 k €	+0.9%	311,7 k €	+29.9%	239,9 k €	+32.5%	181 k €	+34.6%	134,5 k €
Total assets	1,3 M €	-16.3%	1,5 M €	-12.4%	1,7 M €	+6.4%	1,6 M €	+12.7%	1,4 M €	-1.3%	1,5 M €	+15.2%	1,3 M €	-3.1%	1,3 M €	-14.9%	1,5 M €	+27.1%	1,2 M €	-9.7%	1,3 M €	-1.7%	1,4 M €	-3.6%	1,4 M €	-10.4%	1,6 M €	-5.1%	1,7 M €	+13.5%	1,5 M €	-8.7%	1,6 M €	-4.4%	1,7 M €	-2.5%	1,7 M €
Cash	251,7 k €	+29.4%	194,5 k €	-74.7%	770,3 k €	-17.5%	933,9 k €	+77.6%	526 k €	+48.3%	354,6 k €	+171%	130,7 k €	-61.2%	337 k €	+8013%	4,2 k €	-95.8%	99,2 k €	-19.1%	122,6 k €	+5166%	2,3 k €	-96.9%	74,5 k €	-30.0%	106,4 k €	-49.9%	212,3 k €	+156%	82,9 k €	-30.1%	118,6 k €	+50.6%	78,8 k €	+4.8%	75,1 k €
Debts	1,3 M €	+6.2%	1,3 M €	-20.0%	1,6 M €	+25.8%	1,2 M €	+24.2%	1 M €	+2.1%	986,3 k €	+75.9%	560,6 k €	-28.3%	782 k €	-24.8%	1 M €	+53.8%	675,8 k €	-20.6%	851,1 k €	-14.9%	1 M €	-3.9%	1 M €	-0.8%	1 M €	-9.8%	1,2 M €	+18.9%	978,8 k €	-18.2%	1,2 M €	-10.5%	1,3 M €	-6.7%	1,4 M €
Other
Workforce	14,2 ETP	+22.4%	11,6 ETP	+16.0%	10,0 ETP	+4.2%	9,6 ETP	+6.7%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	-6.2%	9,6 ETP	+4.3%	9,2 ETP	-10.7%	10,3 ETP	0.0%	10,3 ETP	-24.8%	13,7 ETP	-4.2%	14,3 ETP	+11.7%	12,8 ETP	-1.5%	13,0 ETP	-9.1%	14,3 ETP	-4.0%	14,9 ETP	-42.7%	26,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

ROLAND SERVAIS

Director · since 26 juin 2025 · 0790.771.813

Represented by Roland Servais

Active

RS CAPITAL

Director · since 26 juin 2025 · 0791.770.913

Represented by Renaud Servais

Active

Ended mandates

ROLAND SERVAIS

Director · since 30 septembre 2022 · until 06 décembre 2028 · 0790.771.813

Represented by Roland SERVAIS

Ended

RS CAPITAL

Director · since 30 septembre 2022 · until 06 décembre 2028 · 0791.770.913

Represented by Renaud SERVAIS

Ended

JEAN CLAUDIO DE NOBILI

Managing director

Ended

JEAN CLAUDIO DE NOBILI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Entreprises Servais● Active	0412.589.401
MARLIE KIDS● Active	1026.440.142
MLD CONCEPT● Active	0862.102.445
MLD PRODUCT MEDIA● Active	0787.653.559
Renaud Servais● Active	0753.849.950
SANOGY● Active	0834.480.310
Servais Travaux● Bankrupt	0772.557.290

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	18 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	04/02/2025	31/01/2024	31/01/2023	13/01/2022	01/02/2021
General meeting	26/08/2026	10/01/2025	06/12/2023	27/12/2022	01/12/2021	02/12/2020
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	26/08/2026	27/08/2026	French	PDF
Abridged model	30/06/2024	10/01/2025	04/02/2025	French	PDF
Abridged model	30/06/2023	06/12/2023	31/01/2024	French	PDF
Abridged model	30/06/2022	27/12/2022	31/01/2023	French	PDF
Abridged model	30/06/2021	01/12/2021	13/01/2022	French	PDF
Abridged model	30/06/2020	02/12/2020	01/02/2021	French	PDF
Abridged model	30/06/2019	04/12/2019	15/01/2020	French	PDF
Abridged model	30/06/2018	05/12/2018	15/01/2019	French	PDF
Abridged model	30/06/2017	06/12/2017	03/01/2018	French	PDF
Abridged model	30/06/2016	07/12/2016	13/01/2017	French	PDF
Abridged model	30/06/2015	02/12/2015	22/01/2016	French	PDF
Abridged model	30/06/2014	03/12/2014	14/02/2015	French	PDF
Abridged model	30/06/2013	04/12/2013	24/02/2014	French	PDF
Abridged model	30/06/2012	05/12/2012	04/03/2013	French	PDF
Abridged model	30/06/2011	07/12/2011	17/02/2012	French	PDF
Abridged model	30/06/2010	01/12/2010	25/02/2011	French	PDF
Abridged model	30/06/2009	02/12/2009	11/02/2010	French	PDF
Abridged model	30/06/2008	03/12/2008	18/02/2009	French	PDF
Abridged model	30/06/2007	05/12/2007	28/02/2008	French	PDF
Abridged model	30/06/2006	06/12/2006	31/01/2007	French	PDF

Estimate

Indicative valuation

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 · 6 ended

Active mandates

ROLAND SERVAIS

Director · since 26 juin 2025 · 0790.771.813

Represented by Roland Servais

Active

RS CAPITAL

Director · since 26 juin 2025 · 0791.770.913

Represented by Renaud Servais

Active

Ended mandates

ROLAND SERVAIS

Director · since 30 septembre 2022 · until 06 décembre 2028 · 0790.771.813

Represented by Roland SERVAIS

Ended

RS CAPITAL

Director · since 30 septembre 2022 · until 06 décembre 2028 · 0791.770.913

Represented by Renaud SERVAIS

Ended

JEAN CLAUDIO DE NOBILI

Managing director

Ended

JEAN CLAUDIO DE NOBILI

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Mandates15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other31/01/2018
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares20/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/10/2005
OBJET - 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 2025-608,5 k €↓
2024
Annual accounts 2024101,5 k €↓
2023
Annual accounts 2023178,4 k €↓
2022
Annual accounts 2022538,4 k €↑
2022
Name changeCDE
2021
Annual accounts 2021299,9 k €↑
2020
Annual accounts 2020285,7 k €↑
2019
Annual accounts 2019233,8 k €↓
2018
Annual accounts 2018263,6 k €↑
2017
Annual accounts 2017104,9 k €↑
2016
Annual accounts 2016-10,8 k €↑
2015
Annual accounts 2015-15,1 k €↓
2014
Annual accounts 2014-9,9 k €↓
2013
Annual accounts 201323,5 k €↓
2012
Annual accounts 201225,3 k €↑
2011
Annual accounts 20112,7 k €↓
2010
Annual accounts 201071,8 k €↑
2009
Annual accounts 200958,9 k €↑
2008
Annual accounts 200846,5 k €↑
2007
Annual accounts 2007-134,6 k €
2007
Name changeC.D.E.
09/02/1993
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.D.E.

Overview

What does C.D.E. do?

Trend over 19 financial years

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