ACTIVE

CENNINI

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Financial year 2025 · closed on 31/12/2025

Net result

-176,5 k €

+88.3% YoY

Gross margin

-155,7 k €

-668.9% YoY

Equity

30,1 M €

-0.6% YoY

What does CENNINI do?

CENNINI is a Public limited company incorporated in 1998. Its registered office is in Roeselare.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.634.462

Incorporation

23/06/1998

Legal form

Public limited company

Registered office

Kwadestraat 155 box 7.2
8800 Roeselare · FlandreSee on map

Contributed capital

16 787 600,39 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Gross margin	-155,7 k €	-669%	-20,2 k €		–		–		–		–		–		–		–		-43,3 k €	+50.8%	-88 k €	+47.6%	-167,8 k €
EBITDA	-156,8 k €	-635%	-21,3 k €	+32.6%	-31,6 k €	-193%	33,9 k €	+127%	-123,3 k €	-736%	19,4 k €	+164%	-30,4 k €	-166%	46,1 k €	-82.6%	264,1 k €	+178%	-338,8 k €	-43.9%	-235,5 k €	+36.8%	-372,4 k €
Operating result	-156,8 k €	-635%	-21,3 k €	+32.6%	-31,6 k €	-193%	33,9 k €	+127%	-123,3 k €	-736%	19,4 k €	+164%	-30,4 k €	-168%	44,8 k €	-82.7%	259,5 k €	+169%	-375,4 k €	-43.5%	-261,6 k €	+33.8%	-395 k €
Net result	-176,5 k €	+88.3%	-1,5 M €	-335%	644,6 k €	+285%	167,6 k €	-89.8%	1,6 M €	-42.5%	2,9 M €	-25.2%	3,8 M €	+266%	1 M €	-17.6%	1,3 M €	+159%	-2,1 M €	-10642%	20,3 k €	-99.1%	2,3 M €
Balance sheet
Equity	30,1 M €	-0.6%	30,2 M €	-4.8%	31,7 M €	+2.1%	31,1 M €	-41.7%	53,3 M €	-9.6%	59 M €	+5.0%	56,1 M €	+0.6%	55,8 M €	+1.9%	54,8 M €	+15.3%	47,5 M €	-4.3%	49,7 M €	+0.0%	49,6 M €
Total assets	35 M €	+1.0%	34,6 M €	-4.5%	36,3 M €	+9.8%	33 M €	-44.5%	59,5 M €	-8.3%	64,9 M €	+4.3%	62,2 M €	+6.3%	58,5 M €	+1.1%	57,9 M €	+10.9%	52,2 M €	-4.0%	54,4 M €	+1.1%	53,8 M €
Cash	150,5 k €	+560%	22,8 k €	-84.9%	151,3 k €	-90.0%	1,5 M €	-44.1%	2,7 M €	+169%	1 M €	-70.5%	3,4 M €	+144%	1,4 M €	-71.5%	4,9 M €	+686%	628,2 k €	-67.0%	1,9 M €	-68.8%	6,1 M €
Debts	4,9 M €	+12.0%	4,4 M €	-2.2%	4,5 M €	+137%	1,9 M €	-67.4%	5,8 M €	-1.0%	5,9 M €	-2.7%	6,1 M €	+124%	2,7 M €	-13.0%	3,1 M €	-33.4%	4,7 M €	-0.3%	4,7 M €	+13.3%	4,1 M €
Other
Workforce	–		–		–		–		–		–		0,6 ETP	-57.1%	1,4 ETP	+7.7%	1,3 ETP	-31.6%	1,9 ETP	-5.0%	2,0 ETP	-25.9%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

Edward Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Joris Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Leo Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Ended mandates

Leo Claeys

Bestuurder · since 17 février 2024 · until 21 février 2026

Ended

BERNIKKEWALLE

Gedelegeerd bestuurder · since 21 février 2020 · until 17 février 2023 · 0456.608.890

Represented by Leo Claeys

Ended

BERNIKKEWALLE

Managing director · since 21 février 2020 · until 21 février 2026 · 0456.608.890

Represented by Leo Claeys

Ended

Bernikkewalle NV

Gedelegeerd bestuurder · since 21 février 2020 · until 21 février 2026

Represented by Leo Claeys

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	27/08/2026	29/08/2025	30/08/2024	31/01/2023	28/02/2022	26/02/2021
General meeting	16/05/2026	17/05/2025	18/05/2024	16/11/2022	17/11/2021	18/11/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	17/05/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	18/05/2024	30/08/2024	Dutch	PDF
Full model	30/06/2022	16/11/2022	31/01/2023	Dutch	PDF
Full model	30/06/2021	17/11/2021	28/02/2022	Dutch	PDF
Full model	30/06/2020	18/11/2020	26/02/2021	Dutch	PDF
Full model	30/06/2019	20/11/2019	31/01/2020	Dutch	PDF
Full model	30/06/2018	21/11/2018	31/01/2019	Dutch	PDF
Full model	30/06/2017	15/11/2017	31/01/2018	Dutch	PDF
Full model	30/06/2016	16/11/2016	20/01/2017	Dutch	PDF
Full model	30/09/2014	20/02/2015	20/03/2015	Dutch	PDF
Full model	30/09/2013	21/02/2014	21/03/2014	Dutch	PDF
Full model	30/09/2012	15/02/2013	29/03/2013	Dutch	PDF
Full model	30/09/2011	20/04/2012	31/05/2012	Dutch	PDF
Full model	30/09/2010	15/04/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	19/02/2010	18/03/2010	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 active · 28 ended

Active mandates

Edward Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Joris Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Leo Claeys

Director · since 21 février 2020 · until 21 février 2038

Active

Ended mandates

Leo Claeys

Bestuurder · since 17 février 2024 · until 21 février 2026

Ended

BERNIKKEWALLE

Gedelegeerd bestuurder · since 21 février 2020 · until 17 février 2023 · 0456.608.890

Represented by Leo Claeys

Ended

BERNIKKEWALLE

Managing director · since 21 février 2020 · until 21 février 2026 · 0456.608.890

Represented by Leo Claeys

Ended

Bernikkewalle NV

Gedelegeerd bestuurder · since 21 février 2020 · until 21 février 2026

Represented by Leo Claeys

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/06/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/03/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office29/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/08/2015
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates16/06/2014
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 2025-176,5 k €↑
2024
Annual accounts 2024-1,5 M €↓
2023
Annual accounts 2023644,6 k €↑
2022
Annual accounts 2022167,6 k €↓
2014
Annual accounts 20141,6 M €↓
2013
Annual accounts 20132,9 M €↓
2012
Annual accounts 20123,8 M €↑
2011
Annual accounts 20111 M €↓
2010
Annual accounts 20101,3 M €↑
2009
Annual accounts 2009-2,1 M €↓
2007
Annual accounts 200720,3 k €↓
2006
Annual accounts 20062,3 M €
23/06/1998
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

CENNINI

Overview

What does CENNINI do?

Trend over 12 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