ACTIVE

CAENEN VASTGOED

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Financial year 2025 · closed on 31/12/2025

Net result

84,7 k €

+24.4% YoY

Gross margin

525 k €

+10.4% YoY

Equity

534,9 k €

-2.8% YoY

Workforce

4,2 ETP

-2.3% YoY

What does CAENEN VASTGOED do?

CAENEN VASTGOED is a Public limited company incorporated in 1996. Its main activity is: Real estate agencies. Its registered office is in Middelkerke. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.345.775

Incorporation

02/12/1996

Legal form

Public limited company

Registered office

Leopoldlaan 150
8430 Middelkerke · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

4,2 ETP

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	525 k €	+10.4%	475,7 k €	+5.9%	449,1 k €	-38.1%	725,4 k €	+7.2%	676,5 k €	+30.0%	520,3 k €	+51.4%	343,6 k €	-27.2%	472,1 k €	+14.5%	412,2 k €	-39.4%	680,8 k €		–		351,4 k €	-13.1%	404,5 k €	-42.5%	703,8 k €	+68.4%	417,9 k €		–		–		–		384,2 k €	-14.4%	449,1 k €
EBITDA	147,7 k €	+18.2%	125 k €	+98.0%	63,1 k €	-83.2%	376,4 k €	+52.0%	247,6 k €	+157%	96,5 k €	+861%	10 k €	-92.5%	133,1 k €	+53.6%	86,7 k €	-78.1%	395,4 k €	+438%	73,5 k €	-46.5%	137,6 k €	+13.4%	121,3 k €	-72.6%	443,4 k €	+138%	186,6 k €	+43.5%	130,1 k €	+107%	62,7 k €	+56.1%	40,2 k €	-74.2%	156 k €	-25.3%	208,8 k €
Operating result	114,7 k €	+25.1%	91,7 k €	+242%	26,8 k €	-91.9%	331,6 k €	+70.9%	194,1 k €	+436%	36,2 k €	+169%	-52,4 k €	-163%	83,6 k €	+16.1%	72 k €	-81.0%	378,9 k €	+538%	59,4 k €	-52.1%	124,1 k €	+13.3%	109,6 k €	-74.9%	436,3 k €	+148%	176 k €	+55.9%	112,9 k €	+241%	33,1 k €	+585%	4,8 k €	-95.7%	113,1 k €	-28.8%	158,8 k €
Net result	84,7 k €	+24.4%	68,1 k €	+278%	18 k €	-85.9%	127,5 k €	-4.5%	133,4 k €	+439%	24,8 k €	+143%	-57,2 k €	-211%	51,4 k €	+36.7%	37,6 k €	-84.7%	245,9 k €	+567%	36,8 k €	-55.2%	82,2 k €	+9.1%	75,3 k €	-74.3%	293 k €	+143%	120,5 k €	+87.8%	64,1 k €	+83.8%	34,9 k €	-2.8%	35,9 k €	-62.0%	94,5 k €	-20.9%	119,4 k €
Balance sheet
Equity	534,9 k €	-2.8%	550,2 k €	-10.8%	617,1 k €	+3.0%	599,1 k €	+27.0%	471,6 k €	+39.5%	338,2 k €	+7.9%	313,4 k €	-15.4%	370,6 k €	+16.1%	319,2 k €	-10.5%	356,6 k €	+24.8%	285,7 k €	-13.1%	328,9 k €	-33.8%	496,7 k €	-20.1%	621,4 k €	+29.9%	478,4 k €	-5.8%	507,9 k €	+14.5%	443,8 k €	-12.8%	509 k €	-41.7%	873,4 k €	+12.1%	778,9 k €
Total assets	822,2 k €	-10.9%	922,9 k €	-6.9%	991,8 k €	+0.5%	986,8 k €	-6.0%	1,1 M €	+1.6%	1 M €	+33.4%	774,7 k €	-1.5%	786,2 k €	+7.0%	734,9 k €	+6.1%	692,6 k €	+48.9%	465,2 k €	-13.6%	538,7 k €	-20.6%	678,4 k €	-33.7%	1 M €	+19.6%	855,4 k €	+29.7%	659,3 k €	+1.0%	652,7 k €	-36.1%	1 M €	-0.3%	1 M €	+17.8%	869,8 k €
Cash	679,1 k €	+29.9%	522,8 k €	+15.2%	453,8 k €	-43.3%	800,6 k €	+40.9%	568,4 k €	+53.9%	369,4 k €	+371%	78,4 k €	+10.0%	71,3 k €	-69.3%	232,1 k €	+14.8%	202,3 k €	+3991%	4,9 k €	-96.2%	129,7 k €	+161%	49,7 k €	-83.7%	306 k €	+51.8%	201,6 k €	+102%	100 k €	-2.6%	102,6 k €	+362%	22,2 k €	-87.9%	184 k €	+182%	65,2 k €
Debts	287,1 k €	-23.0%	372,7 k €	-0.5%	374,4 k €	-3.4%	387,5 k €	-32.9%	577,4 k €	-16.1%	688,4 k €	+49.6%	460,2 k €	+11.1%	414,2 k €	-0.4%	415,7 k €	+23.8%	335,9 k €	+88.8%	177,9 k €	-14.9%	209 k €	+15.5%	180,9 k €	-54.8%	400,7 k €	+6.3%	377 k €	+149%	151,4 k €	-27.6%	208,9 k €	-59.3%	513,3 k €	+239%	151,5 k €	+66.7%	90,9 k €
Other
Workforce	4,2 ETP	-2.3%	4,3 ETP	-21.8%	5,5 ETP	0.0%	5,5 ETP	+7.8%	5,1 ETP	+2.0%	5,0 ETP	+11.1%	4,5 ETP	-6.2%	4,8 ETP	0.0%	4,8 ETP	+11.6%	4,3 ETP	+19.4%	3,6 ETP	-2.7%	3,7 ETP	-22.9%	4,8 ETP	-4.0%	5,0 ETP	+13.6%	4,4 ETP	-20.0%	5,5 ETP	+17.0%	4,7 ETP	-4.1%	4,9 ETP	+600%	0,7 ETP	-87.9%	5,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Gregory Caenen

Bestuurder · since 25 octobre 2022 · until 18 mai 2028

Active

TCMR

Bestuurder · since 25 octobre 2022 · until 18 mai 2028 · 0890.740.013

Represented by Tim Van Zele

Active

Ended mandates

Gregory Caenen

Managing director · since 15 novembre 2016 · until 19 mai 2028

Ended

TCMR

Director · since 15 novembre 2016 · until 19 mai 2028 · 0890.740.013

Represented by Van ZELE TIM

Ended

TCMR

Persoon belast met dagelijks bestuur · since 15 novembre 2016 · until 15 novembre 2022 · 0890.740.013

Represented by Tim Van Zele

Ended

TCMR

Director · since 15 novembre 2016 · until 15 novembre 2022 · 0890.740.013

Represented by Tim Van Zele

Ended

At this address

Other companies at this address

Company	CBE no.
IMMO B.B.M.● Active	0866.557.121
IMMO CAENEN● Active	0867.714.389
Ozéa● Active	1025.437.478

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	01/01/2025	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	04/06/2026	25/07/2025	06/06/2024	26/07/2023	08/07/2022	15/07/2021
General meeting	15/05/2026	27/06/2025	17/05/2024	19/05/2023	03/06/2022	18/06/2021
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

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	15/05/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	20/05/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	22/05/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	30/05/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	19/05/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	22/05/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	21/05/2012	Dutch	PDF
Full model	31/12/2010	21/05/2011	06/06/2011	Dutch	PDF
Full model	31/12/2009	15/05/2010	17/05/2010	Dutch	PDF
Full model	31/12/2008	16/05/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	21/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Gregory Caenen

Bestuurder · since 25 octobre 2022 · until 18 mai 2028

Active

TCMR

Bestuurder · since 25 octobre 2022 · until 18 mai 2028 · 0890.740.013

Represented by Tim Van Zele

Active

Ended mandates

Gregory Caenen

Managing director · since 15 novembre 2016 · until 19 mai 2028

Ended

TCMR

Director · since 15 novembre 2016 · until 19 mai 2028 · 0890.740.013

Represented by Van ZELE TIM

Ended

TCMR

Persoon belast met dagelijks bestuur · since 15 novembre 2016 · until 15 novembre 2022 · 0890.740.013

Represented by Tim Van Zele

Ended

TCMR

Director · since 15 novembre 2016 · until 15 novembre 2022 · 0890.740.013

Represented by Tim Van Zele

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other07/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2007
ONTSLAGEN - BENOEMINGEN
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 202584,7 k €↑
2024
Annual accounts 202468,1 k €↑
2023
Annual accounts 202318 k €↓
2022
Annual accounts 2022127,5 k €↓
2021
Annual accounts 2021133,4 k €↑
2020
Annual accounts 202024,8 k €↑
2019
Annual accounts 2019-57,2 k €↓
2018
Annual accounts 201851,4 k €↑
2017
Annual accounts 201737,6 k €↓
2016
Annual accounts 2016245,9 k €↑
2015
Annual accounts 201536,8 k €↓
2014
Annual accounts 201482,2 k €↑
2013
Annual accounts 201375,3 k €↓
2012
Annual accounts 2012293 k €↑
2011
Annual accounts 2011120,5 k €↑
2010
Annual accounts 201064,1 k €↑
2009
Annual accounts 200934,9 k €↓
2008
Annual accounts 200835,9 k €↓
2007
Annual accounts 200794,5 k €↓
2006
Annual accounts 2006119,4 k €
02/12/1996
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

CAENEN VASTGOED

Overview

What does CAENEN VASTGOED do?

Trend over 20 financial years

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

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