ACTIVE

CEZAM

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Financial year 2025 · Closed on 31/12/2025

Net result-860,7 k €+55,5 %over 1 year

Revenue11,4 M €-14,7 %over 1 year

Equity-606,5 k €-338,5 %over 1 year

Workforce6,8 ETP-6,8 %over 1 year

Identity

Source · BCE/KBO

CEZAM is a Public limited company incorporated in 1998. Its main activity is: Manufacture of builders’ ware of plastic. Its registered office is in Bouillon. It employs on average 6,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.520.627
Incorporation: 13/11/1998
Legal form: Public limited company
Registered office: Rue de la Girafe,Sensenruth 40
6832 Bouillon · WallonieSee on map
Contributed capital: 1 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 6,8 ETP

Activities (NACE)

22230Manufacture of builders’ ware of plastic· main 22230Manufacture of builders’ ware of plastic 25230Manufacture of tanks, reservoirs and containers of metal 51871Air transport 43320Joinery installation 43320Joinery installation+9

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	11,4 M €	-14.7%	13,3 M €	-13.9%	15,5 M €	+5.1%	14,7 M €	+10.0%	13,4 M €
EBITDA	221,2 k €	+120%	-1,1 M €	-313%	513 k €	+2455%	20,1 k €	-96.1%	514,6 k €
Operating result	-785,7 k €	+55.0%	-1,7 M €	-718%	282,7 k €	+157%	-494,6 k €	-259%	310,1 k €
Net result	-860,7 k €	+55.5%	-1,9 M €	-791%	279,8 k €	+151%	-544,1 k €	-344%	222,6 k €
Balance sheet
Equity	-606,5 k €	-339%	254,3 k €	-88.4%	2,2 M €	+14.3%	1,9 M €	+98.5%	965,4 k €
Total assets	7,4 M €	-5.3%	7,8 M €	-12.8%	8,9 M €	+6.3%	8,4 M €	+20.6%	7 M €
Cash	4,4 k €	-62.4%	11,7 k €	-94.9%	228,7 k €	-6.3%	244,1 k €	-23.6%	319,3 k €
Debts	7,6 M €	+7.9%	7 M €	+11.0%	6,3 M €	+4.1%	6,1 M €	+8.5%	5,6 M €
Other
Workforce	6,8 ETP	-6.8%	7,3 ETP	-78.8%	34,4 ETP	+0.6%	34,2 ETP	-33.5%	51,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre ROMAIN	Managing director31/03/2015 → 30/06/2027Manager2013 accountsended
Valérie DAENEN	Director31/03/2015 → 30/06/2027

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	30/09/2026	18/12/2025	08/10/2024	29/09/2023	31/08/2022	25/10/2021
General meeting	24/09/2026	06/12/2025	25/09/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/09/2026	30/09/2026	French	PDF
Full model	31/12/2024	06/12/2025	18/12/2025	French	PDF
Full model	31/12/2023	25/09/2024	08/10/2024	French	PDF
Full model	31/12/2022	30/06/2023	29/09/2023	French	PDF
Full model	31/12/2021	30/06/2022	31/08/2022	French	PDF
Full modelCorrection	31/12/2020	30/06/2021	25/10/2021	French	PDF
Full model	31/12/2020	30/06/2021	19/08/2021	French	PDF
Full model	31/12/2019	24/06/2020	15/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	26/07/2019	French	PDF
Full model	31/12/2017	26/12/2018	28/12/2018	French	PDF
Full model	31/12/2016	18/06/2018	06/12/2018	French	PDF
Full model	31/12/2015	01/02/2017	27/04/2017	French	PDF
Full model	31/12/2014	29/06/2015	28/08/2015	French	PDF
Full model	31/12/2013	25/03/2014	29/04/2014	French	PDF
Full model	31/12/2012	25/02/2014	29/04/2014	French	PDF
Full model	31/12/2011	14/06/2013	05/07/2013	French	PDF
Full model	31/12/2010	30/09/2011	06/12/2011	French	PDF
Full model	31/12/2009	23/07/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	28/10/2009	13/11/2009	French	PDF
Abridged model	31/12/2007	27/11/2008	27/11/2008	French	PDF
Abridged model	31/12/2006	10/12/2007	11/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre ROMAIN	Managing director31/03/2015 → 30/06/2027Manager2013 accountsended
Valérie DAENEN	Director31/03/2015 → 30/06/2027

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2015
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares13/11/2009
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/03/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2006
SIEGE SOCIAL - DENOMINATION - OBJET
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Valérie DAENEN

Alexandre ROMAIN

199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

CEZAM

Rue de la Girafe,Sensenruth 40, 6832 Sensenruth

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Girafe,Sensenruth 40, 6832 SensenruthCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00543627

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CEZAMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00543627

Events

2025
Annual accounts 2025-860,7 k €↑
2024
Annual accounts 2024-1,9 M €↓
2023
Annual accounts 2023279,8 k €↑
2022
Annual accounts 2022-544,1 k €↓
2021
Annual accounts 2021222,6 k €↑
2020
Annual accounts 202067,4 k €↓
2019
Annual accounts 2019167,5 k €↑
2018
Annual accounts 2018-719,1 k €↓
2017
Annual accounts 2017-165,1 k €↓
2016
Annual accounts 2016-7,1 k €↓
2014
Annual accounts 2014102,2 k €↓
2013
Annual accounts 2013116,8 k €↑
2012
Annual accounts 2012-887,2 k €↓
2011
Annual accounts 2011-104,3 k €↓
2010
Annual accounts 2010198,1 k €↓
2009
Annual accounts 2009374,4 k €↓
2008
Annual accounts 2008541,3 k €↑
2007
Annual accounts 2007449,5 k €↑
2006
Annual accounts 200672,6 k €
13/11/1998
IncorporationPublic limited company

CEZAM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events