ACTIVE

CEDE

Financial year 2024 · closed on 31/12/2024
Net result
159,7 k €
+77.0% YoY
Gross margin
521,9 k €
-14.3% YoY
Equity
1,7 M €
-7.1% YoY
Workforce
6,2 ETP
+3.3% YoY

What does CEDE do?

CEDE is a Public limited company incorporated in 1997. Its registered office is in Evergem. It employs on average 6,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.701.291
Incorporation
17/10/1997
Legal form
Public limited company
Registered office
Jacques Paryslaan 4
9940 Evergem · FlandreSee on map
Contributed capital
1 021 277,08 €
Latest accounts
31/12/2024
Average workforce
6,2 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin521,9 k €609,1 k €851,8 k €698,5 k €579,8 k €525 k €558 k €692,5 k €656,8 k €647,3 k €778 k €803,4 k €879,8 k €1 M €1,2 M €1,1 M €1,2 M €1,1 M €
EBITDA240,8 k €202,9 k €464,6 k €333,9 k €124,5 k €63,5 k €132,7 k €221,9 k €265,6 k €271,4 k €434,2 k €503,2 k €585,8 k €711,9 k €792,8 k €624,3 k €802,3 k €649,6 k €
Operating result197,2 k €154,3 k €413,2 k €272,4 k €67,1 k €4,4 k €95,3 k €169,7 k €213,5 k €216 k €378,2 k €430,8 k €509,4 k €625,9 k €679,2 k €555,3 k €678,9 k €407 k €
Net result159,7 k €90,2 k €306,9 k €229,7 k €-17,7 k €2,9 k €-738 k €143,8 k €182,6 k €203,5 k €287,5 k €328,6 k €393,6 k €463,8 k €504,8 k €488,1 k €527,1 k €372 k €
Balance sheet
Equity1,7 M €1,8 M €1,7 M €1,4 M €2 M €2 M €2 M €2,7 M €2,6 M €3 M €2,8 M €2,5 M €2,2 M €3 M €2,5 M €3,8 M €3,3 M €2,8 M €
Total assets2 M €1,9 M €1,9 M €2,5 M €2,1 M €2,1 M €2,2 M €2,9 M €3,4 M €3,2 M €3 M €2,7 M €3,5 M €3,1 M €2,6 M €4 M €3,5 M €3 M €
Cash8,2 k €21,3 k €109,8 k €592,4 k €195,7 k €82,9 k €66,9 k €53,7 k €62,7 k €485,6 k €355,1 k €455,6 k €481,9 k €452,3 k €1,1 M €139 k €284,3 k €350,7 k €
Debts302,6 k €133 k €130,6 k €1 M €190,3 k €123,6 k €180,6 k €212,5 k €790,1 k €232,9 k €267,6 k €176,5 k €1,3 M €174,1 k €102 k €185 k €187,3 k €201,5 k €
Other
Workforce6,2 ETP6,0 ETP6,1 ETP6,3 ETP8,0 ETP7,9 ETP7,8 ETP7,7 ETP6,6 ETP7,5 ETP7,3 ETP6,7 ETP6,7 ETP7,2 ETP7,4 ETP9,6 ETP9,7 ETP10,5 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 31/12/2024 · 3 active · 11 ended

Active mandates

Els LAROY

Managing director · since 27 mai 2022 · until 27 mai 2028

Active
EURO CANDY

Managing director · since 27 mai 2022 · until 27 mai 2028 · 0421.265.258

Represented by Carlos LAROY

Active
Guy LAROY

Director · since 27 mai 2022 · until 27 mai 2028

Active

Ended mandates

Els LAROY

Director · since 26 mai 2017 · until 25 mai 2022

Ended
EURO CANDY

Managing director · since 26 mai 2017 · until 25 mai 2022 · 0421.265.258

Represented by Carlos LAROY

Ended
Guy LAROY

Director · since 26 mai 2017 · until 25 mai 2022

Ended
Els LAROY

Director · since 26 mai 2011 · until 26 mai 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
NATURAL PETActive
0462.846.287
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/08/202506/08/202401/06/202315/06/202203/11/202116/07/2020
General meeting30/05/202530/05/202425/05/202327/05/202227/05/202128/05/2020
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
Abridged model31/12/202430/05/202501/08/2025DutchPDF
Abridged model31/12/202330/05/202406/08/2024DutchPDF
Abridged model31/12/202225/05/202301/06/2023DutchPDF
Abridged model31/12/202127/05/202215/06/2022DutchPDF
Abridged modelCorrection31/12/202027/05/202103/11/2021DutchPDF
Abridged model31/12/202027/05/202128/06/2021DutchPDF
Abridged model31/12/201928/05/202016/07/2020DutchPDF
Abridged model31/12/201831/05/201919/07/2019DutchPDF
Abridged model31/12/201731/05/201825/07/2018DutchPDF
Abridged model31/12/201625/05/201718/08/2017DutchPDF
Abridged model31/12/201526/05/201613/06/2016DutchPDF
Abridged model31/12/201428/05/201530/06/2015DutchPDF
Abridged model31/12/201330/05/201430/06/2014DutchPDF
Abridged model31/12/201230/05/201319/06/2013DutchPDF
Abridged model31/12/201131/05/201211/07/2012DutchPDF
Abridged model31/12/201026/05/201108/06/2011DutchPDF
Abridged model31/12/200927/05/201021/06/2010DutchPDF
Abridged model31/12/200828/05/200922/06/2009DutchPDF
Abridged model31/12/200729/05/200805/06/2008DutchPDF
Abridged model31/12/200631/05/200727/06/2007DutchPDF
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 31/12/2024 · 3 active · 11 ended

Active mandates

Els LAROY

Managing director · since 27 mai 2022 · until 27 mai 2028

Active
EURO CANDY

Managing director · since 27 mai 2022 · until 27 mai 2028 · 0421.265.258

Represented by Carlos LAROY

Active
Guy LAROY

Director · since 27 mai 2022 · until 27 mai 2028

Active

Ended mandates

Els LAROY

Director · since 26 mai 2017 · until 25 mai 2022

Ended
EURO CANDY

Managing director · since 26 mai 2017 · until 25 mai 2022 · 0421.265.258

Represented by Carlos LAROY

Ended
Guy LAROY

Director · since 26 mai 2017 · until 25 mai 2022

Ended
Els LAROY

Director · since 26 mai 2011 · until 26 mai 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/01/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2005
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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. 2024
    Annual accounts 2024159,7 k €
  2. 2022
    Annual accounts 202290,2 k €
  3. 2021
    Annual accounts 2021306,9 k €
  4. 2020
    Annual accounts 2020229,7 k €
  5. 2019
    Annual accounts 2019-17,7 k €
  6. 2018
    Annual accounts 20182,9 k €
  7. 2017
    Annual accounts 2017-738 k €
  8. 2016
    Annual accounts 2016143,8 k €
  9. 2015
    Annual accounts 2015182,6 k €
  10. 2014
    Annual accounts 2014203,5 k €
  11. 2013
    Annual accounts 2013287,5 k €
  12. 2012
    Annual accounts 2012328,6 k €
  13. 2011
    Annual accounts 2011393,6 k €
  14. 2010
    Annual accounts 2010463,8 k €
  15. 2009
    Annual accounts 2009504,8 k €
  16. 2008
    Annual accounts 2008488,1 k €
  17. 2007
    Annual accounts 2007527,1 k €
  18. 2006
    Annual accounts 2006372 k €
  19. 17/10/1997
    IncorporationPublic limited company