ACTIVE

CENJAL HOLDING BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result30,6 k €-38,6 %over 1 year

Gross margin-18,9 k €-70,0 %over 1 year

Equity11,9 M €+0,3 %over 1 year

Identity

Source · BCE/KBO

CENJAL HOLDING BELGIUM is a Public limited company incorporated in 2002. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.063.123
Incorporation: 11/03/2002
Legal form: Public limited company
Registered office: Pelikaanstraat 62
2018 Antwerpen · FlandreSee on map
Contributed capital: 11 488 621,50 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-18,9 k €	-70.0%	-11,1 k €	+0.8%	-11,2 k €	-48.1%	-7,6 k €	-118%	42 k €
EBITDA	-20 k €	-64.1%	-12,2 k €	+1.3%	-12,4 k €	-44.8%	-8,5 k €	-121%	40,8 k €
Operating result	-20 k €	-64.1%	-12,2 k €	+1.3%	-12,4 k €	-44.8%	-8,5 k €	-121%	40,8 k €
Net result	30,6 k €	-38.6%	49,8 k €	+267%	13,6 k €	-41.6%	23,2 k €	-65.6%	67,4 k €
Balance sheet
Equity	11,9 M €	+0.3%	11,9 M €	+0.4%	11,9 M €	+0.1%	11,9 M €	+0.2%	11,8 M €
Total assets	14,9 M €	-2.1%	15,2 M €	+1.5%	15 M €	-0.7%	15,1 M €	+1.7%	14,9 M €
Cash	15,3 k €	-92.8%	212,1 k €	-16.4%	253,8 k €	+32.5%	191,6 k €	+48.4%	129,1 k €
Debts	3 M €	-10.6%	3,3 M €	+5.3%	3,2 M €	-3.5%	3,3 M €	+7.4%	3 M €
Other
Workforce	–		–		–		0,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre Barsamian	Director01/04/2026 → 19/06/2032
Cenjal Holding SA0669.700.866Represented by Cédric Barsamian	Director15/11/2023 → 19/06/2032
Nicolas Barsamian	Persoon belast met dagelijks bestuur15/11/2023 → 19/06/2032Director01/01/2017 → 2024 accountsended
UCCOM0869.529.378Represented by Georges VAN TIEGHEM DE TEN BERGHE	Director15/11/2023 → 31/03/2026Managing director01/01/2017 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cenjal Holding SARepresented by Cédric BARSAMIAN	Director01/01/2017 → 2022 accounts
Cenjal Holding SA NVRepresented by Cédric Barsamian	Director11/02/2021 → 2021 accounts

Other companies at this address

Pelikaanstraat 62 2018 Antwerpen

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ACHINTYA JEWELS● Active	0804.410.310
ADAMAS ANTWERP● Active	0739.621.238
ADLER R.● Active	0863.211.413
AFINI DIAMONDS● Active	0518.880.021
AJ EUROPE● Active	0735.993.339
AMBEL INVEST● Active	0404.927.191
ANELLI ORO● Active	0455.633.645
ANTEX INTERNATIONAL DIAMOND CY● Active	0452.154.018
ANTWERP BRILLIANT● Bankrupt	0473.305.758
A.O.T. DIAMONDS● Bankrupt	0462.326.051
ARCADIA DIAMONDS● Active	0880.725.653
Artinian● Active	0416.440.301
ATHENA DIAMOND● Active	0732.629.716
ATLAS GEMS● Active	0458.817.918
ATZMON● Active	0863.664.244
A.V. Gumuchdjian● Active	0404.959.954
A. ZEIDAN'S SONS● Active	0427.945.291
BARSAMIAN DIAMONDS● Active	0404.932.537
BC Holding● Active	0886.017.497
Beauty Gems● Active	0466.572.572

Full financial information

Source · NBB

	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	01/01/2025	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	06/07/2026	31/07/2025	08/07/2024	23/08/2023	23/06/2022	29/07/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	06/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	23/08/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	19/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	22/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre Barsamian	Director01/04/2026 → 19/06/2032
Cenjal Holding SA0669.700.866Represented by Cédric Barsamian	Director15/11/2023 → 19/06/2032
Nicolas Barsamian	Persoon belast met dagelijks bestuur15/11/2023 → 19/06/2032Director01/01/2017 → 2024 accountsended
UCCOM0869.529.378Represented by Georges VAN TIEGHEM DE TEN BERGHE	Director15/11/2023 → 31/03/2026Managing director01/01/2017 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cenjal Holding SARepresented by Cédric BARSAMIAN	Director01/01/2017 → 2022 accounts
Cenjal Holding SA NVRepresented by Cédric Barsamian	Director11/02/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates23/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/08/2017
KAPITAAL - AANDELEN
PDF
Mandates30/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares23/08/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

Filings20 filings

Mandates

Alexandre Barsamian

Cenjal Holding SA

UCCOM

Nicolas Barsamian

Cenjal Holding SA

Cenjal Holding SA NV

Philippe Barsamian

Bernard Henri Rochon

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

CENJAL HOLDING BELGIUM

Pelikaanstraat 62, 2018 Antwerp-2018

Director

DirectorManaging director

Persoon belast met dagelijks bestuurDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Pelikaanstraat 62, 2018 Antwerp-2018Current	accounts 2021 → 2025	Accounts 2025 · 2026-00257591

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CENJAL HOLDING BELGIUMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00257591

Events

2025
Annual accounts 202530,6 k €↓
2024
Annual accounts 202449,8 k €↑
2023
Annual accounts 202313,6 k €↓
2022
Annual accounts 202223,2 k €↓
2021
Annual accounts 202167,4 k €↑
2020
Annual accounts 202014,6 k €↓
2019
Annual accounts 2019135,4 k €↑
2018
Annual accounts 201815,5 k €↓
2017
Annual accounts 201716,9 k €↓
2016
Annual accounts 201630,6 k €↑
2015
Annual accounts 201522,3 k €↑
2014
Annual accounts 201414,8 k €↓
2013
Annual accounts 201321,3 k €↑
2012
Annual accounts 201211,3 k €↑
2011
Annual accounts 20118,6 k €↓
2010
Annual accounts 2010141,5 k €↑
2009
Annual accounts 200917,7 k €↓
2008
Annual accounts 2008308,5 k €↑
2007
Annual accounts 2007-319,1 k €↓
2006
Annual accounts 200632,3 k €
11/03/2002
IncorporationPublic limited company

CENJAL HOLDING BELGIUM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events