ACTIVE

CNB

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Financial year 2025 · closed on 31/12/2025
Net result
34,2 k €
-98.0% YoY
Gross margin
18,2 k €
-17.6% YoY
Equity
1,9 M €
-8.3% YoY
Workforce
0,0 ETP

What does CNB do?

CNB is a Private limited company incorporated in 1999. Its main activity is: Removal services. Its registered office is in Herzele.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0465.939.993
Incorporation
23/04/1999
Legal form
Private limited company
Registered office
Provincieweg 230
9550 Herzele · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
49420Removal services· main49420Removal services60241Television programming and broadcasting activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021200920082007
Income statement
Gross margin18,2 k €22,1 k €46,4 k €61,5 k €59,2 k €61,9 k €61,4 k €62,3 k €
EBITDA15,9 k €20,4 k €45,1 k €58,3 k €55,3 k €57,8 k €58,8 k €59,7 k €
Operating result842,8 €6,6 k €9,3 k €22,9 k €20,1 k €28,3 k €29,3 k €30,3 k €
Net result34,2 k €1,7 M €72,1 k €147,2 k €53,8 k €-2,4 k €6,3 k €594 €
Balance sheet
Equity1,9 M €2,1 M €457,2 k €401,4 k €263,7 k €164,5 k €173,9 k €182,1 k €
Total assets2,4 M €2,4 M €659,5 k €678,4 k €712,1 k €823,5 k €891,5 k €933,4 k €
Cash193,6 k €253,1 k €14,8 k €2,4 k €1,8 k €2,1 k €2,7 k €4 k €
Debts474,5 k €331,1 k €202,2 k €277 k €448,4 k €646,1 k €717,6 k €751,3 k €
Other
Workforce0,0 ETP0,0 ETP0,0 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 31/12/2025 · 2 active · 4 ended

Active mandates

Chantal De Bruyne

Director · since 26 avril 2024

Active
Bart Neetens

Director

Active

Ended mandates

Bart NEETENS

Director · since 14 novembre 2019

Ended
Bart NEETENS

Director · since 07 avril 1999

Ended
Bart NEETENS

Manager · since 07 avril 1999

Ended
Bart NEETENS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/03/202625/04/202503/05/202401/06/202326/07/202227/08/2021
General meeting13/03/202604/04/202526/04/202403/05/202306/07/202230/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202513/03/202630/03/2026DutchPDF
Abridged model31/12/202404/04/202525/04/2025DutchPDF
Abridged model31/12/202326/04/202403/05/2024DutchPDF
Abridged model31/12/202203/05/202301/06/2023DutchPDF
Abridged model31/12/202106/07/202226/07/2022DutchPDF
Abridged model31/12/202030/06/202127/08/2021DutchPDF
Abridged model31/12/201905/06/202007/07/2020DutchPDF
Abridged model31/12/201828/06/201908/07/2019DutchPDF
Abridged model31/12/201701/06/201813/06/2018DutchPDF
Abridged model31/12/201503/06/201607/07/2016DutchPDF
Abridged model31/12/201405/06/201508/07/2015DutchPDF
Abridged model31/12/201306/06/201425/06/2014DutchPDF
Abridged model31/12/201207/06/201320/06/2013DutchPDF
Abridged model31/12/201101/06/201228/06/2012DutchPDF
Abridged model31/12/201030/06/201112/07/2011DutchPDF
Abridged model31/12/200930/06/201015/07/2010DutchPDF
Abridged model31/12/200830/06/200930/07/2009DutchPDF
Abridged model31/12/200730/06/200823/07/2008DutchPDF
Abridged model31/12/200630/06/200725/07/2007DutchPDF
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 31/12/2025 · 2 active · 4 ended

Active mandates

Chantal De Bruyne

Director · since 26 avril 2024

Active
Bart Neetens

Director

Active

Ended mandates

Bart NEETENS

Director · since 14 novembre 2019

Ended
Bart NEETENS

Director · since 07 avril 1999

Ended
Bart NEETENS

Manager · since 07 avril 1999

Ended
Bart NEETENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/06/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2019
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office16/11/2004
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares09/06/2004
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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. 2025
    Annual accounts 202534,2 k €↓
  2. 2024
    Annual accounts 20241,7 M €↑
  3. 2023
    Annual accounts 202372,1 k €↓
  4. 2022
    Annual accounts 2022147,2 k €↑
  5. 2021
    Annual accounts 202153,8 k €↑
  6. 2009
    Annual accounts 2009-2,4 k €↓
  7. 2008
    Annual accounts 20086,3 k €↑
  8. 2007
    Annual accounts 2007594 €
  9. 23/04/1999
    IncorporationPrivate limited company