ACTIVE

CENTRE DE RECHERCHES ET DE NOUVELLES APPLICATIONS

Financial year 2025 · Closed on 31/12/2025

Net result620,6 k €+2 650,1 %over 1 year
Gross margin3,1 M €+43,7 %over 1 year
Equity1,2 M €+114,1 %over 1 year
Workforce32,4 ETP-4,1 %over 1 year

Identity

Source · BCE/KBO

CENTRE DE RECHERCHES ET DE NOUVELLES APPLICATIONS is a Public limited company incorporated in 1996. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Fleurus. It employs on average 32,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.332.018
Incorporation
28/11/1996
Legal form
Public limited company
Registered office
Avenue de Heppignies(H) SN
6220 Fleurus · WallonieSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
32,4 ETP
Joint committees (2)
  • 116
  • 207
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin3,1 M €2,2 M €2,1 M €1,4 M €2,1 M €
EBITDA1,3 M €486,3 k €148 k €-509 k €243,4 k €
Operating result712,8 k €60,5 k €-275,6 k €-916,5 k €-62,1 k €
Net result620,6 k €-24,3 k €-314,4 k €-922,9 k €-14 k €
Balance sheet
Equity1,2 M €542,9 k €568,5 k €884,1 k €1,8 M €
Total assets4,3 M €4 M €4,1 M €3,8 M €4,4 M €
Cash286,3 k €219,3 k €437 k €234 k €289,5 k €
Debts3,1 M €3,5 M €3,5 M €2,8 M €2,5 M €
Other
Workforce32,4 ETP33,8 ETP39,1 ETP36,9 ETP37,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Bastien LEONARD

Director · since 22 juin 2020 · until 22 mai 2026

Active
Jean MARTIN

Director · since 22 juin 2020 · until 22 mai 2026

Active
MG & CO

Managing director · since 22 juin 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis LEONARD

Active

Ended mandates

MG & CO

Managing director · since 22 juin 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis LEONARD

Ended
Bastien Léonard

Director · since 22 mai 2020 · until 22 mai 2026

Ended
Jean Martin

Director · since 22 mai 2020 · until 22 mai 2026

Ended
MG & CO

Managing director · since 22 mai 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis Leonard

Ended

Other companies at this address

Avenue de Heppignies(H) SN 6220 Fleurus
CompanyCBE no.
0872.734.635

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202611/06/202503/06/202416/06/202328/06/202217/06/2021
General meeting11/05/202613/05/202513/05/202415/05/202316/05/202214/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202610/06/2026FrenchPDF
Abridged model31/12/202413/05/202511/06/2025FrenchPDF
Abridged model31/12/202313/05/202403/06/2024FrenchPDF
Abridged model31/12/202215/05/202316/06/2023FrenchPDF
Abridged model31/12/202116/05/202228/06/2022FrenchPDF
Abridged model31/12/202014/06/202117/06/2021FrenchPDF
Abridged model31/12/201922/06/202031/07/2020FrenchPDF
Abridged model31/12/201827/05/201917/07/2019FrenchPDF
Abridged model31/12/201711/06/201807/08/2018FrenchPDF
Abridged modelCorrection31/12/201629/05/201723/03/2018FrenchPDF
Abridged model31/12/201629/05/201726/07/2017FrenchPDF
Abridged model31/12/201513/05/201619/08/2016FrenchPDF
Abridged model31/12/201420/05/201517/08/2015FrenchPDF
Abridged model31/12/201322/05/201430/06/2014FrenchPDF
Abridged model31/12/201214/05/201327/05/2013FrenchPDF
Abridged model31/12/201110/05/201212/06/2012FrenchPDF
Abridged model31/12/201016/05/201119/05/2011FrenchPDF
Abridged model31/12/200908/06/201018/06/2010FrenchPDF
Abridged model31/12/200811/05/200913/06/2009FrenchPDF
Abridged model31/12/200721/05/200812/06/2008FrenchPDF
Abridged model31/12/200614/05/200722/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

3 active · 21 ended

Active mandates

Bastien LEONARD

Director · since 22 juin 2020 · until 22 mai 2026

Active
Jean MARTIN

Director · since 22 juin 2020 · until 22 mai 2026

Active
MG & CO

Managing director · since 22 juin 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis LEONARD

Active

Ended mandates

MG & CO

Managing director · since 22 juin 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis LEONARD

Ended
Bastien Léonard

Director · since 22 mai 2020 · until 22 mai 2026

Ended
Jean Martin

Director · since 22 mai 2020 · until 22 mai 2026

Ended
MG & CO

Managing director · since 22 mai 2020 · until 22 mai 2026 · 0873.652.868

Represented by Francis Leonard

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates24/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/07/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/06/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring01/10/2009
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF

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 2025620,6 k €↑
  2. 2024
    Annual accounts 2024-24,3 k €↑
  3. 2023
    Annual accounts 2023-314,4 k €↑
  4. 2022
    Annual accounts 2022-922,9 k €↓
  5. 2021
    Annual accounts 2021-14 k €↓
  6. 2020
    Annual accounts 2020288,7 k €↑
  7. 2019
    Annual accounts 2019-183,2 k €↑
  8. 2018
    Annual accounts 2018-535,6 k €↓
  9. 2017
    Annual accounts 2017-321,4 k €↑
  10. 2016
    Annual accounts 2016-550,7 k €↓
  11. 2015
    Annual accounts 201532,3 k €↓
  12. 2014
    Annual accounts 2014358,2 k €↑
  13. 2013
    Annual accounts 2013-316,2 k €↓
  14. 2012
    Annual accounts 2012-283,9 k €↓
  15. 2011
    Annual accounts 2011-36,8 k €↑
  16. 2010
    Annual accounts 2010-120,9 k €↓
  17. 2009
    Annual accounts 20091,6 M €↑
  18. 2008
    Annual accounts 2008869,5 k €↑
  19. 2007
    Annual accounts 2007720 k €↓
  20. 2006
    Annual accounts 2006747 k €
  21. 28/11/1996
    IncorporationPublic limited company