ACTIVE

CNUDDE

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Financial year 2025 · closed on 31/03/2025

Net result

43,8 k €

+58.9% YoY

Gross margin

1,2 M €

+0.1% YoY

Equity

697,3 k €

+6.7% YoY

Workforce

11,9 ETP

-7.0% YoY

What does CNUDDE do?

CNUDDE is a Private limited company incorporated in 1998. Its registered office is in Oudenaarde. It employs on average 11,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.875.864

Incorporation

28/12/1998

Legal form

Private limited company

Registered office

Lindestraat 27
9700 Oudenaarde · FlandreSee on map

Contributed capital

118 600,00 €

Latest accounts

31/03/2025

Average workforce

11,9 ETP

Joint committees (3)

124
14901
200

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	+0.1%	1,2 M €	+6.2%	1,2 M €	+9.0%	1,1 M €	-0.5%	1,1 M €	+5.8%	1 M €	+177%	366,2 k €	-10.2%	407,7 k €	+8.9%	374,4 k €	-5.5%	396,3 k €	-1.2%	401,2 k €	+30.3%	308 k €	+45.8%	211,3 k €	+20.5%	175,4 k €	+42.1%	123,5 k €	+34.4%	91,9 k €	-25.6%	123,4 k €	+9.0%	113,3 k €
EBITDA	374,7 k €	+4.5%	358,5 k €	-0.7%	361 k €	+25.0%	288,9 k €	+0.8%	286,5 k €	+21.7%	235,3 k €	+72.8%	136,2 k €	-1.9%	138,8 k €	-12.8%	159,2 k €	+13.3%	140,5 k €	-5.5%	148,7 k €	+3.6%	143,5 k €	+26.8%	113,1 k €	+6.9%	105,9 k €	+66.9%	63,4 k €	+112%	29,9 k €	-32.0%	43,9 k €	-16.7%	52,8 k €
Operating result	100,8 k €	-6.0%	107,2 k €	+2.5%	104,6 k €	-0.2%	104,8 k €	-0.9%	105,8 k €	+48.2%	71,4 k €	+61.4%	44,2 k €	+5.6%	41,9 k €	-28.2%	58,3 k €	-26.4%	79,3 k €	+37.7%	57,5 k €	-13.1%	66,2 k €	+83.7%	36,1 k €	-18.7%	44,3 k €	+184%	15,6 k €	-1.9%	15,9 k €	-43.8%	28,3 k €	+21.7%	23,2 k €
Net result	43,8 k €	+58.9%	27,6 k €	-46.9%	51,9 k €	-26.0%	70,2 k €	+34.4%	52,2 k €	+159%	20,1 k €	+209%	6,5 k €	+72.0%	3,8 k €	-77.5%	16,8 k €	-25.9%	22,8 k €	+10.2%	20,7 k €	-14.9%	24,3 k €	+298%	6,1 k €	-61.4%	15,8 k €	+40.0%	11,3 k €	+6.2%	10,6 k €	-48.2%	20,5 k €	+40.6%	14,6 k €
Balance sheet
Equity	697,3 k €	+6.7%	653,8 k €	+4.6%	625 k €	+8.9%	573,7 k €	+13.8%	504,1 k €	+11.4%	452,5 k €	+52.5%	296,7 k €	+2.2%	290,2 k €	+1.3%	286,4 k €	+6.2%	269,6 k €	+9.2%	246,8 k €	+20.2%	205,4 k €	+13.4%	181,1 k €	+3.5%	175 k €	+9.9%	159,2 k €	+7.6%	148 k €	+7.7%	137,3 k €	+17.6%	116,8 k €
Total assets	2,6 M €	+1.4%	2,6 M €	-2.6%	2,7 M €	+5.3%	2,5 M €	+5.5%	2,4 M €	-12.3%	2,8 M €	+174%	1 M €	-12.4%	1,1 M €	-4.9%	1,2 M €	+1.1%	1,2 M €	+3.7%	1,2 M €	+14.4%	1 M €	+2.6%	980,4 k €	+17.5%	834 k €	+25.8%	663,1 k €	+153%	262,3 k €	+12.9%	232,3 k €	-7.3%	250,6 k €
Cash	278,9 k €	+70.4%	163,6 k €	-35.7%	254,6 k €	+21.4%	209,6 k €	+129%	91,6 k €	-56.3%	209,7 k €	+201%	69,6 k €	-6.7%	74,6 k €	-48.5%	144,9 k €	+7.8%	134,4 k €	+45.3%	92,5 k €	+63.6%	56,5 k €	+403%	11,2 k €	-85.7%	78,3 k €	+130%	34,1 k €	+502%	5,7 k €	-92.3%	73,7 k €	+126%	32,5 k €
Debts	1,9 M €	-2.1%	1,9 M €	-5.9%	2 M €	+4.1%	2 M €	+3.9%	1,9 M €	-17.6%	2,3 M €	+224%	706 k €	-17.5%	855,8 k €	-6.2%	912,8 k €	-0.2%	914,5 k €	+2.2%	895 k €	+12.8%	793,4 k €	+0.3%	791,4 k €	+21.5%	651,3 k €	+30.6%	498,6 k €	+342%	112,7 k €	+21.1%	93,1 k €	-29.2%	131,5 k €
Other
Workforce	11,9 ETP	-7.0%	12,8 ETP	+1.6%	12,6 ETP	+5.0%	12,0 ETP	-16.1%	14,3 ETP	-3.4%	14,8 ETP	+289%	3,8 ETP	-19.1%	4,7 ETP	+23.7%	3,8 ETP	-11.6%	4,3 ETP	0.0%	4,3 ETP	+38.7%	3,1 ETP	+72.2%	1,8 ETP	+38.5%	1,3 ETP	0.0%	1,3 ETP	+18.2%	1,1 ETP	-45.0%	2,0 ETP	+33.3%	1,5 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 31/03/2025 · 1 active · 6 ended

Active mandates

THIMI INVEST

Director · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Active

Ended mandates

THIMI INVEST

Director · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Ended

THIMI INVEST

Manager · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Ended

Davy Cnudde

Director

Ended

Davy Cnudde

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CL Bouw● Active	1002.709.883

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/11/2025	29/11/2024	30/11/2023	30/11/2022	30/11/2021	10/12/2020
General meeting	13/09/2025	14/09/2024	09/09/2023	10/09/2022	30/09/2021	12/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	13/09/2025	30/11/2025	Dutch	PDF
Abridged model	31/03/2024	14/09/2024	29/11/2024	Dutch	PDF
Abridged model	31/03/2023	09/09/2023	30/11/2023	Dutch	PDF
Abridged model	31/03/2022	10/09/2022	30/11/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	30/11/2021	Dutch	PDF
Abridged model	31/03/2020	12/09/2020	10/12/2020	Dutch	PDF
Abridged model	31/03/2019	14/09/2019	11/12/2019	Dutch	PDF
Abridged model	31/03/2018	08/09/2018	26/10/2018	Dutch	PDF
Abridged model	31/03/2017	30/09/2017	30/11/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	22/11/2016	Dutch	PDF
Abridged model	31/03/2015	30/09/2015	27/11/2015	Dutch	PDF
Abridged model	31/03/2014	30/09/2014	29/11/2014	Dutch	PDF
Abridged model	31/03/2013	07/09/2013	20/11/2013	Dutch	PDF
Abridged model	31/03/2012	08/09/2012	01/10/2012	Dutch	PDF
Abridged model	31/03/2011	10/09/2011	04/10/2011	Dutch	PDF
Abridged model	31/03/2010	14/09/2010	26/10/2010	Dutch	PDF
Abridged model	31/03/2009	12/09/2009	19/10/2009	Dutch	PDF
Abridged model	31/03/2008	14/09/2008	06/10/2008	Dutch	PDF
Abridged model	31/03/2007	17/09/2007	24/09/2007	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 31/03/2025 · 1 active · 6 ended

Active mandates

THIMI INVEST

Director · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Active

Ended mandates

THIMI INVEST

Director · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Ended

THIMI INVEST

Manager · since 01 avril 2016 · 0555.690.333

Represented by Davy Cnudde

Ended

Davy Cnudde

Director

Ended

Davy Cnudde

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/10/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/08/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/03/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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

2025
Annual accounts 202543,8 k €↑
2024
Annual accounts 202427,6 k €↓
2023
Annual accounts 202351,9 k €↓
2022
Annual accounts 202270,2 k €↑
2021
Annual accounts 202152,2 k €↑
2020
Annual accounts 202020,1 k €↑
2018
Annual accounts 20186,5 k €↑
2017
Annual accounts 20173,8 k €↓
2016
Annual accounts 201616,8 k €↓
2015
Annual accounts 201522,8 k €↑
2014
Annual accounts 201420,7 k €↓
2013
Annual accounts 201324,3 k €↑
2012
Annual accounts 20126,1 k €↓
2011
Annual accounts 201115,8 k €↑
2010
Annual accounts 201011,3 k €↑
2009
Annual accounts 200910,6 k €↓
2008
Annual accounts 200820,5 k €↑
2007
Annual accounts 200714,6 k €
28/12/1998
IncorporationPrivate 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

CNUDDE

Overview

What does CNUDDE 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