ACTIVE

CIMA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

430,7 k €

-70.2% YoY

Revenue

19,8 M €

-4.0% YoY

Equity

4,2 M €

-26.2% YoY

Workforce

8,3 ETP

-6.7% YoY

What does CIMA do?

CIMA is a Public limited company incorporated in 1997. Its registered office is in Nazareth-De Pinte. It employs on average 8,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.394.356

Incorporation

08/09/1997

Legal form

Public limited company

Registered office

Polderdreef 135
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

8,3 ETP

Joint committees (4)

119
11901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	19,8 M €	-4.0%	20,6 M €	+1.3%	20,3 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	879,1 k €	-54.9%	2 M €	+26.5%	1,5 M €	+18.6%	1,3 M €	+3.1%	1,3 M €	+9.4%	1,2 M €	+57.0%	734,2 k €	-46.2%	1,4 M €	+52.4%	894,4 k €	-2.1%	913,9 k €	+75.7%	520,3 k €	-11.6%	588,5 k €	-34.3%	895,4 k €	+84.1%	486,2 k €	+65.3%	294,1 k €	-56.1%	670,6 k €	+132%	289,4 k €	-8.7%	316,9 k €
Operating result	641,5 k €	-66.4%	1,9 M €	+28.5%	1,5 M €	+22.4%	1,2 M €	+3.2%	1,2 M €	+11.9%	1,1 M €	+67.3%	628,2 k €	-49.5%	1,2 M €	+56.9%	792 k €	-7.7%	857,7 k €	+85.5%	462,3 k €	-11.9%	524,7 k €	-35.7%	816,1 k €	+106%	395,2 k €	+85.5%	213,1 k €	-62.3%	565,1 k €	+166%	212,7 k €	-31.6%	310,8 k €
Net result	430,7 k €	-70.2%	1,4 M €	+47.0%	984,1 k €	+10.2%	892,8 k €	+1.2%	882,1 k €	+17.6%	750 k €	+9.9%	682,6 k €	-28.6%	955,6 k €	+77.6%	538,2 k €	-8.4%	587,7 k €	+27.6%	460,7 k €	+50.4%	306,4 k €	-38.8%	500,3 k €	+105%	243,9 k €	+30.2%	187,3 k €	-39.7%	310,7 k €	+29.3%	240,2 k €	-21.9%	307,5 k €
Balance sheet
Equity	4,2 M €	-26.2%	5,7 M €	+33.7%	4,3 M €	+29.7%	3,3 M €	+36.9%	2,4 M €	+9.2%	2,2 M €	+12.7%	2 M €	+10.2%	1,8 M €	+34.4%	1,3 M €	+3.0%	1,3 M €	+7.3%	1,2 M €	-10.8%	1,3 M €	+25.3%	1,1 M €	-28.0%	1,5 M €	+6.5%	1,4 M €	+2.5%	1,4 M €	+10.1%	1,2 M €	+19.8%	1 M €
Total assets	8,5 M €	-3.8%	8,8 M €	+43.1%	6,2 M €	-18.5%	7,6 M €	+59.9%	4,7 M €	-7.9%	5,1 M €	+39.7%	3,7 M €	-14.3%	4,3 M €	-20.8%	5,4 M €	+41.9%	3,8 M €	-2.1%	3,9 M €	+3.3%	3,8 M €	+10.5%	3,4 M €	-2.4%	3,5 M €	+6.7%	3,3 M €	+1.1%	3,2 M €	-15.2%	3,8 M €	+30.5%	2,9 M €
Cash	1,6 M €	-20.1%	2,1 M €	+231%	623,6 k €	+15.1%	541,7 k €	-57.5%	1,3 M €	+241%	373,3 k €	+186%	130,4 k €	-74.0%	501,7 k €	-63.2%	1,4 M €	+80.9%	753,6 k €	+150%	301,6 k €	-33.7%	455,1 k €	-49.6%	903,1 k €	+51.4%	596,3 k €	-30.0%	851,7 k €	+54.0%	553 k €	-21.3%	702,6 k €	+55.7%	451,2 k €
Debts	4,2 M €	+38.0%	3,1 M €	+67.4%	1,8 M €	-56.5%	4,2 M €	+83.8%	2,3 M €	-21.4%	2,9 M €	+70.7%	1,7 M €	-31.7%	2,5 M €	-38.7%	4,1 M €	+61.8%	2,5 M €	-5.4%	2,7 M €	+12.2%	2,4 M €	+2.6%	2,3 M €	+16.0%	2 M €	+7.5%	1,9 M €	+0.0%	1,9 M €	-27.8%	2,6 M €	+36.3%	1,9 M €
Other
Workforce	8,3 ETP	-6.7%	8,9 ETP	-2.2%	9,1 ETP	+51.7%	6,0 ETP	-31.8%	8,8 ETP	+203%	2,9 ETP	+31.8%	2,2 ETP	-8.3%	2,4 ETP	+41.2%	1,7 ETP	+6.2%	1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 ETP	-14.3%	2,1 ETP	-16.0%	2,5 ETP	+13.6%	2,2 ETP	-12.0%	2,5 ETP	+13.6%	2,2 ETP	+22.2%	1,8 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 31/12/2025 · 2 active · 21 ended

Active mandates

INFINOVA

Director · since 16 décembre 2025 · until 06 juin 2031 · 1003.905.458

Represented by Luc Adriaenssens

Active

PHARCOSSOL

Director · since 16 décembre 2025 · until 06 juin 2031 · 0647.959.406

Represented by Marc Monteyne

Active

Ended mandates

Geert Feys

Director · since 10 juillet 2024 · until 06 juin 2030

Ended

Innovative Food & Health Solutions

Director · since 10 juillet 2024 · until 06 juin 2030 · 0789.546.940

Represented by Marie-Therese CLUYSE

Ended

BACKERS FOOD GMBH

Managing director · since 14 décembre 2023 · until 07 juin 2029

Represented by Thomas BACKERS

Ended

EMCO

Managing director · since 14 décembre 2023 · until 07 juin 2029 · 0477.739.054

Represented by Ernst BUYSE

Ended

At this address

Other companies at this address

Company	CBE no.
Administratiekantoor IFHS● Active	1011.388.415
Ingrizo● Active	0875.741.338
Innovative Food & Health Solutions● Active	0789.546.940

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	18/06/2026	15/07/2025	05/07/2024	16/06/2023	05/04/2022	11/03/2021
General meeting	04/06/2026	30/06/2025	06/06/2024	01/06/2023	21/03/2022	26/02/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/06/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	06/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	16/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/03/2022	05/04/2022	Dutch	PDF
Abridged model	31/12/2020	26/02/2021	11/03/2021	Dutch	PDF
Abridged model	31/12/2019	21/02/2020	13/05/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	20/03/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2018	20/03/2019	18/04/2019	Dutch	PDF
Abridged model	31/12/2017	20/03/2018	20/04/2018	Dutch	PDF
Abridged model	31/12/2016	21/03/2017	02/05/2017	Dutch	PDF
Abridged model	31/12/2015	18/03/2016	04/05/2016	Dutch	PDF
Abridged model	31/12/2014	27/03/2015	06/05/2015	Dutch	PDF
Abridged model	31/12/2013	28/03/2014	21/05/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	21/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	19/06/2007	Dutch	PDF

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 31/12/2025 · 2 active · 21 ended

Active mandates

INFINOVA

Director · since 16 décembre 2025 · until 06 juin 2031 · 1003.905.458

Represented by Luc Adriaenssens

Active

PHARCOSSOL

Director · since 16 décembre 2025 · until 06 juin 2031 · 0647.959.406

Represented by Marc Monteyne

Active

Ended mandates

Geert Feys

Director · since 10 juillet 2024 · until 06 juin 2030

Ended

Innovative Food & Health Solutions

Director · since 10 juillet 2024 · until 06 juin 2030 · 0789.546.940

Represented by Marie-Therese CLUYSE

Ended

BACKERS FOOD GMBH

Managing director · since 14 décembre 2023 · until 07 juin 2029

Represented by Thomas BACKERS

Ended

EMCO

Managing director · since 14 décembre 2023 · until 07 juin 2029 · 0477.739.054

Represented by Ernst BUYSE

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2025
KAPITAAL - AANDELEN
PDF
Mandates03/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2009
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 2025430,7 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023984,1 k €↑
2022
Annual accounts 2022892,8 k €↑
2021
Annual accounts 2021882,1 k €↑
2018
Annual accounts 2018750 k €↑
2017
Annual accounts 2017682,6 k €↓
2016
Annual accounts 2016955,6 k €↑
2015
Annual accounts 2015538,2 k €↓
2014
Annual accounts 2014587,7 k €↑
2013
Annual accounts 2013460,7 k €↑
2012
Annual accounts 2012306,4 k €↓
2011
Annual accounts 2011500,3 k €↑
2010
Annual accounts 2010243,9 k €↑
2009
Annual accounts 2009187,3 k €↓
2008
Annual accounts 2008310,7 k €↑
2007
Annual accounts 2007240,2 k €↓
2006
Annual accounts 2006307,5 k €
08/09/1997
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

CIMA

Overview

What does CIMA do?

Trend over 18 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

Timeline