ACTIVE

CIBOR

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Financial year 2025 · closed on 30/09/2025
Net result
1,7 M €
+30.0% YoY
Revenue
15,9 M €
+4.8% YoY
Equity
3,4 M €
+47.0% YoY
Workforce
105,2 ETP
+4.4% YoY

What does CIBOR do?

CIBOR is a Public limited company incorporated in 1994. 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
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120142013201220112010200920082007
Income statement
Revenue15,9 M €15,2 M €12,9 M €––3,6 M €–––––––
EBITDA3 M €2,5 M €2,5 M €2,5 M €2,8 M €396,6 k €398,7 k €688,7 k €561,7 k €353,6 k €151,7 k €152,7 k €167,2 k €
Operating result2,1 M €1,6 M €1,6 M €1,8 M €2,2 M €149 k €119,2 k €285 k €318,1 k €187,3 k €17,1 k €42,4 k €124,6 k €
Net result1,7 M €1,3 M €1,3 M €1,4 M €1,8 M €92,8 k €88,4 k €172 k €204,4 k €124,9 k €12,1 k €41,4 k €78,7 k €
Balance sheet
Equity3,4 M €2,3 M €2,5 M €1,7 M €760,6 k €465,5 k €372,7 k €284,3 k €652,4 k €447,9 k €323,1 k €311 k €269,6 k €
Total assets5,9 M €5,5 M €4,4 M €4,6 M €3,9 M €2 M €1,7 M €1,5 M €1,6 M €1,4 M €883,2 k €637 k €694,9 k €
Cash2 M €1,7 M €1,4 M €1,5 M €1,1 M €1 M €762,5 k €569,9 k €737,5 k €493,1 k €293,8 k €249 k €114,3 k €
Debts2,4 M €3,2 M €1,9 M €2,9 M €3,1 M €1,4 M €1,2 M €1,1 M €769 k €726,2 k €438,2 k €276,3 k €233,7 k €
Other
Workforce105,2 ETP100,8 ETP91,9 ETP84,5 ETP73,4 ETP32,1 ETP27,8 ETP25,0 ETP19,7 ETP12,3 ETP8,2 ETP7,5 ETP6,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 11 ended

Active mandates

CIHOLD

Managing director · since 29 mars 2022 · until 14 février 2028 · 0838.752.070

Represented by Patrick Peeters

Active

Ended mandates

CIHOLD

Director · since 03 octobre 2017 · 0838.752.070

Represented by Patrick Peeters

Ended
Ivan PEETERS

Director · since 03 octobre 2017

Ended
CIHOLD

Managing director · since 12 mai 2012 · 0838.752.070

Represented by Patrick Peeters

Ended
CIHOLD

Director · since 12 mai 2012 · 0838.752.070

Represented by Patrick Peeters

Ended
At this address

Other companies at this address

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
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 11 ended

Active mandates

CIHOLD

Managing director · since 29 mars 2022 · until 14 février 2028 · 0838.752.070

Represented by Patrick Peeters

Active

Ended mandates

CIHOLD

Director · since 03 octobre 2017 · 0838.752.070

Represented by Patrick Peeters

Ended
Ivan PEETERS

Director · since 03 octobre 2017

Ended
CIHOLD

Managing director · since 12 mai 2012 · 0838.752.070

Represented by Patrick Peeters

Ended
CIHOLD

Director · since 12 mai 2012 · 0838.752.070

Represented by Patrick Peeters

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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

Timeline

  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