ACTIVE

GROUP DE CEUSTER

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Financial year 2025 · Closed on 31/12/2025

Net result3,2 M €+21,8 %over 1 year

Revenue5 M €+10,2 %over 1 year

Equity49,8 M €+0,4 %over 1 year

Workforce17,6 ETP+1,1 %over 1 year

Identity

Source · BCE/KBO

GROUP DE CEUSTER is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Grobbendonk. It employs on average 17,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.326.854
Incorporation: 09/06/1993
Legal form: Public limited company
Registered office: Bannerlaan 75
2280 Grobbendonk · FlandreSee on map
Contributed capital: 648 100,00 €
Latest accounts: 31/12/2025
Average workforce: 17,6 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities 74151Specialised design activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 35 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5 M €	+10.2%	4,5 M €	+0.2%	4,5 M €	+16.3%	3,9 M €	+25.4%	3,1 M €
EBITDA	453,7 k €	+6.5%	426,2 k €	+53.1%	278,3 k €	+12.5%	247,4 k €	-7.7%	268,2 k €
Operating result	154,3 k €	-0.5%	155,1 k €	+386%	31,9 k €	+113%	15 k €	-77.0%	65,3 k €
Net result	3,2 M €	+21.8%	2,6 M €	+23.4%	2,1 M €	+8.6%	2 M €	+1137%	159,3 k €
Balance sheet
Equity	49,8 M €	+0.4%	49,6 M €	+1.3%	48,9 M €	+0.3%	48,8 M €	-0.1%	48,8 M €
Total assets	69,7 M €	+0.1%	69,7 M €	-6.1%	74,2 M €	+17.3%	63,2 M €	+6.3%	59,5 M €
Cash	84,7 k €	-41.1%	144 k €	-67.6%	444,3 k €	+23.8%	358,9 k €	-16.9%	431,7 k €
Debts	19,9 M €	-0.7%	20 M €	-20.2%	25,1 M €	+73.8%	14,4 M €	+35.2%	10,7 M €
Other
Workforce	17,6 ETP	+1.1%	17,4 ETP	-0.6%	17,5 ETP	+25.9%	13,9 ETP	-2.1%	14,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelien De Ceuster	Director29/03/2010 → 26/06/2028
Els De Ceuster	Director29/03/2010 → 26/06/2028
Tom De Ceuster	Managing director29/03/2010 → 26/06/2028
Herman De Ceuster	Director12/05/2022 → 28/06/2027Manager09/06/1993 → 2009 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLANAMAT0465.443.414Represented by Herman De Ceuster	Manager27/06/2005 → 2009 accounts

Other companies at this address

Bannerlaan 75 2280 Grobbendonk

Company	CBE no.
Gallus FarmTech Solutions● Active	1011.349.912
GROVEN IMMO● Active	0442.752.243
Jordaens Real Estate Antwerp● Active	1011.356.345
STEENBEEK● Active	0437.773.866
Tellus Growing Media Baltics● Active	0800.375.011
Tellus Growing Media Solutions● Active	0800.263.460
Tellus Lanaken● Active	0773.935.779

Full financial information

Source · NBB

	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	03/07/2026	18/07/2025	27/06/2024	20/07/2023	18/07/2022	26/07/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 35 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	24/06/2024	27/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	24/06/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	26/06/2023	20/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	26/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	27/06/2022	18/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	27/06/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	28/06/2021	26/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	28/06/2021	26/07/2021	Dutch	PDF
Full model	31/12/2019	29/06/2020	16/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	29/06/2020	24/07/2020	Dutch	PDF
Full model	31/12/2018	24/06/2019	02/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	24/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	25/06/2018	29/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	25/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	10/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	26/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	06/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	27/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	03/07/2015	Dutch	PDF
Consolidated accounts	31/12/2014	29/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	01/07/2014	Dutch	PDF

View all 35 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelien De Ceuster	Director29/03/2010 → 26/06/2028
Els De Ceuster	Director29/03/2010 → 26/06/2028
Tom De Ceuster	Managing director29/03/2010 → 26/06/2028
Herman De Ceuster	Director12/05/2022 → 28/06/2027Manager09/06/1993 → 2009 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLANAMAT0465.443.414Represented by Herman De Ceuster	Manager27/06/2005 → 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/08/2026
herbenoemingen
PDF
Mandates31/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2018
KAPITAAL - AANDELEN
PDF
Mandates30/11/2017
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Els De Ceuster

Tom De Ceuster

Annelien De Ceuster

Herman De Ceuster

FLANAMAT

199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

GROUP DE CEUSTERINCORPO

Bannerlaan 75, 2280 Grobbendonk

Director

Managing director

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bannerlaan 75, 2280 GrobbendonkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00262651

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GROUP DE CEUSTERCurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00262651
INCORPO	accounts 2007 → 2009	Accounts 2009 · 2010-06800306

Events

2025
Annual accounts 20253,2 M €↑
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 20232,1 M €↑
28/06/2023
reconductionBert Kegels · commissaris
2022
Annual accounts 20222 M €↑
27/06/2022
reconductionTom De Ceuster · bestuurder
27/06/2022
reconductionEls De Ceuster · bestuurder
27/06/2022
reconductionAnnelien De Ceuster · bestuurder
12/05/2022
nominationHerman De Ceuster · bestuurder
2021
Annual accounts 2021159,3 k €↓
2020
Annual accounts 2020871,5 k €↑
2019
Annual accounts 201985,8 k €↑
2018
Annual accounts 201876 k €↓
2017
Annual accounts 20176,9 M €↑
2016
Annual accounts 20162,9 M €↑
2015
Annual accounts 2015247 k €↓
2014
Annual accounts 201433,7 M €↑
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 20121 M €↑
2011
Annual accounts 2011388,2 k €↓
2010
Annual accounts 20102,2 M €↑
2009
Annual accounts 2009215,2 k €↓
2009
Name changeGROUP DE CEUSTER
2009
Annual accounts 20092,3 M €↑
2008
Annual accounts 20081,4 M €↑
2007
Annual accounts 2007975,2 k €
09/06/1993
IncorporationPublic limited company

GROUP DE CEUSTER

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events