NORMAL SITUATION

BDO Cynex

Financial year 2024 · closed on 30/09/2024
Net result
111,1 k €
-43.0% YoY
Gross margin
45,7 k €
+2979.4% YoY
Equity
255,2 k €
+77.1% YoY
Workforce
1,0 ETP

Company — Normal situation.

What does BDO Cynex do?

BDO Cynex is a company registered in Belgium. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.840.421
Legal form
Public limited company
Contributed capital
65 250,00 €
Latest accounts
30/09/2024
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420222021201820172016201520142013201220112010200920082007
Income statement
Gross margin45,7 k €-1,6 k €23,4 k €99,7 k €85,1 k €93,6 k €48,1 k €22,8 k €35,1 k €-2,7 k €82,6 k €67,2 k €158,6 k €61,8 k €39,5 k €
EBITDA-21,6 k €-2,5 k €21,5 k €99,3 k €84,7 k €93,1 k €47,7 k €21,7 k €28,6 k €-14,4 k €72,4 k €32,2 k €125,5 k €42,3 k €29,9 k €
Operating result-23,4 k €-4,8 k €18,9 k €46,8 k €22,1 k €44,1 k €38,4 k €12,4 k €19,3 k €-41,1 k €43,7 k €2,5 k €96,5 k €7,1 k €9,7 k €
Net result111,1 k €194,8 k €253,6 k €123,7 k €164,9 k €34,0 k €27,2 k €3,7 k €-11,0 k €-95,5 k €9,6 k €-10,6 k €85,8 k €-8,3 k €4,5 k €
Balance sheet
Equity255,2 k €144,1 k €209,6 k €149,6 k €204,5 k €259,4 k €225,4 k €198,2 k €134,4 k €95,4 k €190,9 k €181,3 k €191,9 k €188,1 k €40,0 k €
Total assets258,8 k €209,2 k €212,7 k €309,9 k €399,4 k €464,1 k €487,0 k €478,5 k €470,6 k €429,6 k €595,2 k €560,8 k €442,7 k €316,0 k €159,8 k €
Cash8,0 k €900,1 €2,5 k €3,9 k €2,4 k €2,8 k €22,3 k €8,6 k €1,6 k €7,7 k €11,5 k €12,7 k €8,5 k €9,1 k €13,6 k €
Debts65,1 k €3,0 k €160,3 k €194,9 k €204,8 k €261,4 k €279,7 k €330,3 k €334,2 k €404,3 k €379,6 k €250,8 k €120,0 k €119,8 k €
Other
Workforce1,0 ETP0,1 ETP1,0 ETP1,3 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 30/09/2024 · 4 active · 38 ended

Active mandates

BDO BELGIUM

Managing director · since 09 janvier 2023 · 0407.716.932

Represented by Johan VANDENBROECK

Active
R2S finance

Director · since 09 janvier 2023 · until 29 décembre 2023 · 0537.964.176

Represented by Wesley Clemens

Active
VLACON

Director · since 09 janvier 2023 · until 29 décembre 2023 · 0889.547.903

Represented by Peter Van Laer

Active
VERMONT

Director · since 16 septembre 2018 · until 29 décembre 2023 · 0558.902.518

Represented by Kris Verhees

Active

Ended mandates

R2S finance

Director · since 09 janvier 2023 · 0537.964.176

Represented by Wesley CLEMENS

Ended
VLACON

Director · since 09 janvier 2023 · 0889.547.903

Represented by Peter VAN LAER

Ended
INTER CONSULTING

Chairman of the board of directors · since 25 juillet 2019 · until 30 mai 2025 · 0426.728.932

Represented by Bart Claeys

Ended
INTER CONSULTING

Chairman of the board of directors · since 25 juillet 2019 · until 30 mai 2025 · 0426.728.932

Represented by Bart Claeys

Ended
Annual accounts

Full financial information

202420222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year30/09/202431/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date23/04/202519/06/202328/06/202213/07/202125/05/202014/06/2019
General meeting26/03/202530/03/202327/05/202228/06/202104/05/202012/06/2019
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

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202426/03/202523/04/2025DutchPDF
Abridged model31/12/202230/03/202319/06/2023DutchPDF
Abridged model31/12/202127/05/202228/06/2022DutchPDF
Abridged model31/12/202028/06/202113/07/2021DutchPDF
Abridged model31/12/201904/05/202025/05/2020DutchPDF
Abridged model31/12/201812/06/201914/06/2019DutchPDF
Abridged model31/12/201730/06/201827/08/2018DutchPDF
Abridged model31/12/201621/06/201722/06/2017DutchPDF
Abridged model31/12/201507/04/201625/04/2016DutchPDF
Abridged model31/12/201426/03/201526/03/2015DutchPDF
Abridged model31/12/201302/04/201429/08/2014DutchPDF
Abridged model31/12/201203/04/201312/06/2013DutchPDF
Abridged model31/12/201104/04/201227/04/2012DutchPDF
Abridged model31/12/201006/04/201126/08/2011DutchPDF
Abridged model31/12/200907/04/201022/09/2010DutchPDF
Abridged model31/12/200801/04/200901/09/2009DutchPDF
Abridged model30/09/200727/03/200805/05/2008DutchPDF
Abridged model30/09/200618/04/200709/05/2007DutchPDF
Abridged model30/09/200530/03/200631/03/2006DutchPDF
Abridged model30/09/200431/03/200504/04/2005DutchPDF
Abridged model30/09/200327/03/200414/05/2004DutchPDF
Abridged model30/09/200227/03/200331/03/2003DutchPDF
Abridged model30/09/200128/03/200224/06/2002DutchPDF
Abridged model30/09/200029/03/200127/04/2001DutchPDF
Estimate

Indicative valuation

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 30/09/2024 · 4 active · 38 ended

Active mandates

BDO BELGIUM

Managing director · since 09 janvier 2023 · 0407.716.932

Represented by Johan VANDENBROECK

Active
R2S finance

Director · since 09 janvier 2023 · until 29 décembre 2023 · 0537.964.176

Represented by Wesley Clemens

Active
VLACON

Director · since 09 janvier 2023 · until 29 décembre 2023 · 0889.547.903

Represented by Peter Van Laer

Active
VERMONT

Director · since 16 septembre 2018 · until 29 décembre 2023 · 0558.902.518

Represented by Kris Verhees

Active

Ended mandates

R2S finance

Director · since 09 janvier 2023 · 0537.964.176

Represented by Wesley CLEMENS

Ended
VLACON

Director · since 09 janvier 2023 · 0889.547.903

Represented by Peter VAN LAER

Ended
INTER CONSULTING

Chairman of the board of directors · since 25 juillet 2019 · until 30 mai 2025 · 0426.728.932

Represented by Bart Claeys

Ended
INTER CONSULTING

Chairman of the board of directors · since 25 juillet 2019 · until 30 mai 2025 · 0426.728.932

Represented by Bart Claeys

Ended
Shareholders

Ownership and network

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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 2024111,1 k €
  2. 2024
    Name changeBDO CYNEX
  3. 2022
    Annual accounts 2022194,8 k €
  4. 2021
    Annual accounts 2021253,6 k €
  5. 2021
    Name changeCYNEX
  6. 2018
    Annual accounts 2018123,7 k €
  7. 2017
    Annual accounts 2017164,9 k €
  8. 2016
    Annual accounts 201634,0 k €
  9. 2015
    Annual accounts 201527,2 k €
  10. 2014
    Annual accounts 20143,7 k €
  11. 2013
    Annual accounts 2013-11,0 k €
  12. 2012
    Annual accounts 2012-95,5 k €
  13. 2011
    Annual accounts 20119,6 k €
  14. 2010
    Annual accounts 2010-10,6 k €
  15. 2009
    Annual accounts 200985,8 k €
  16. 2008
    Annual accounts 2008-8,3 k €
  17. 2007
    Annual accounts 20074,5 k €