ACTIVE

CIBOR

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Financial year 2025 · Closed on 30/09/2025

Net result1,7 M €+30,0 %over 1 year
Revenue15,9 M €+4,8 %over 1 year
Equity3,4 M €+47,0 %over 1 year
Workforce105,2 ETP+4,4 %over 1 year

Identity

Source · BCE/KBO

CIBOR is a Public limited company incorporated in 1994. Its main activity is: Test drilling and boring. Its registered office is in Meerhout. It employs on average 105,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.884.594
Incorporation
22/02/1994
Legal form
Public limited company
Registered office
Ambachtsstraat 7
2450 Meerhout · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Average workforce
105,2 ETP
Joint committees (4)
  • 124
  • 124000
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue15,9 M €15,2 M €12,9 M €––
EBITDA3 M €2,5 M €2,5 M €2,5 M €2,8 M €
Operating result2,1 M €1,6 M €1,6 M €1,8 M €2,2 M €
Net result1,7 M €1,3 M €1,3 M €1,4 M €1,8 M €
Balance sheet
Equity3,4 M €2,3 M €2,5 M €1,7 M €760,6 k €
Total assets5,9 M €5,5 M €4,4 M €4,6 M €3,9 M €
Cash2 M €1,7 M €1,4 M €1,5 M €1,1 M €
Debts2,4 M €3,2 M €1,9 M €2,9 M €3,1 M €
Other
Workforce105,2 ETP100,8 ETP91,9 ETP84,5 ETP73,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CIHOLD0838.752.070Represented by Patrick Peeters
Managing director12/05/2012 → 14/02/2028Director12/05/2012 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ivan PEETERS
Director23/03/1998 → 2020 accounts
Anita Janssen
Director2010 accounts
Annita Janssen
Director2018 accounts

Other companies at this address

Ambachtsstraat 7 2450 Meerhout
CompanyCBE no.
CIBOR BETONBORINGEN● Active
0478.152.590
CIBOR Groep● Active
0846.864.735
ELMAT● Active
0462.208.859
ELMAT 2● Active
0784.292.213

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged 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 date24/03/202618/02/202521/02/202410/03/202326/04/202222/03/2021
General meeting02/03/202610/02/202512/02/202413/02/202331/03/202201/03/2021
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
Full model30/09/202502/03/202624/03/2026DutchPDF
Full model30/09/202410/02/202518/02/2025DutchPDF
Full model30/09/202312/02/202421/02/2024DutchPDF
Abridged model30/09/202213/02/202310/03/2023DutchPDF
Abridged model30/09/202131/03/202226/04/2022DutchPDF
Abridged model30/09/202001/03/202122/03/2021DutchPDF
Abridged model30/09/201925/03/202006/04/2020DutchPDF
Abridged model30/09/201819/03/201925/03/2019DutchPDF
Abridged model30/09/201712/02/201823/03/2018DutchPDF
Abridged model30/09/201613/02/201724/03/2017DutchPDF
Full model30/09/201508/02/201619/04/2016DutchPDF
Full model30/09/201418/03/201515/04/2015DutchPDF
Abridged model30/09/201331/03/201409/05/2014DutchPDF
Abridged model30/09/201230/03/201329/04/2013DutchPDF
Abridged model30/06/201120/01/201217/02/2012DutchPDF
Abridged model30/06/201007/02/201114/02/2011DutchPDF
Abridged model30/06/200908/02/201015/02/2010DutchPDF
Abridged model30/06/200826/01/200927/02/2009DutchPDF
Abridged model30/06/200711/02/200829/02/2008DutchPDF
Abridged model30/06/200622/01/200719/02/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CIHOLD0838.752.070Represented by Patrick Peeters
Managing director12/05/2012 → 14/02/2028Director12/05/2012 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ivan PEETERS
Director23/03/1998 → 2020 accounts
Anita Janssen
Director2010 accounts
Annita Janssen
Director2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/07/2026
    —
    PDF
  • Mandates17/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/12/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/06/2012
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/03/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/02/2003
    DIVERSEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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
Filings13 filings
Mandates
CIHOLD
Ivan PEETERS
Annita Janssen
Anita Janssen
Patrick Peeters
19941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
CIBOR
Ambachtsstraat 7, 2450 Meerhout
Managing directorDirector
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Ambachtsstraat 7, 2450 MeerhoutCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00060025

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CIBORCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00060025

Events

  1. 2025
    Annual accounts 20251,7 M €↑
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 20231,3 M €↓
  4. 2022
    Annual accounts 20221,4 M €↓
  5. 2021
    Annual accounts 20211,8 M €↑
  6. 2014
    Annual accounts 201492,8 k €↑
  7. 2013
    Annual accounts 201388,4 k €↓
  8. 2012
    Annual accounts 2012172 k €↓
  9. 2011
    Annual accounts 2011204,4 k €↑
  10. 2010
    Annual accounts 2010124,9 k €↑
  11. 2009
    Annual accounts 200912,1 k €↓
  12. 2008
    Annual accounts 200841,4 k €↓
  13. 2007
    Annual accounts 200778,7 k €
  14. 22/02/1994
    IncorporationPublic limited company