ACTIVE

CINQUE

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Financial year 2025 · closed on 31/12/2025

Net result

29,6 k €

+178.7% YoY

Gross margin

3,8 k €

+91.2% YoY

Equity

502,7 k €

+6.3% YoY

What does CINQUE do?

CINQUE is a Public limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Tournai.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.626.614

Incorporation

29/05/2002

Legal form

Public limited company

Registered office

Rue Montifaut(TOU) 1
7500 Tournai · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2006
Income statement
Gross margin	3,8 k €	+91.2%	2 k €	+183%	-2,4 k €	-969%	275,6 €	+104%	-6,3 k €	+42.1%	-10,9 k €	+22.3%	-14 k €	+54.3%	-30,7 k €	-169%	-11,4 k €	+17.8%	-13,9 k €	+34.5%	-21,2 k €
EBITDA	1,3 k €	+407%	-421,4 €	+91.1%	-4,7 k €	-173%	-1,7 k €	+80.2%	-8,7 k €	+32.5%	-12,9 k €	+25.6%	-17,4 k €	+95.7%	-400,7 k €	-2880%	-13,4 k €	+15.5%	-15,9 k €	+27.9%	-22,1 k €
Operating result	-19,7 k €	+26.2%	-26,7 k €	+10.8%	-29,9 k €	-50.7%	-19,8 k €	+24.8%	-26,4 k €	+10.6%	-29,5 k €	+14.9%	-34,7 k €	+91.8%	-423 k €	-444%	-77,7 k €	-48.2%	-52,5 k €	-138%	-22,1 k €
Net result	29,6 k €	+179%	-37,6 k €	-43.8%	-26,2 k €	-130%	-11,4 k €	-183%	-4 k €	+70.4%	-13,6 k €	+10.7%	-15,2 k €	+96.9%	-496,3 k €	+23.2%	-645,9 k €	-206%	606,8 k €	+912%	-74,8 k €
Balance sheet
Equity	502,7 k €	+6.3%	473,1 k €	-7.4%	510,7 k €	-4.9%	536,9 k €	-2.1%	548,3 k €	-0.7%	552,3 k €	-2.4%	565,9 k €	-2.6%	581,1 k €	-81.0%	3,1 M €	-17.5%	3,7 M €	+1003%	335,7 k €
Total assets	510,6 k €	+6.7%	478,4 k €	-8.2%	520,9 k €	-3.2%	537,9 k €	-2.0%	548,9 k €	-0.9%	553,8 k €	-3.4%	573,5 k €	-6.9%	616,3 k €	-79.9%	3,1 M €	-18.6%	3,8 M €	-3.5%	3,9 M €
Cash	33,2 k €	+63.0%	20,4 k €	+144%	8,3 k €	+71.1%	4,9 k €	+26.1%	3,9 k €	+152%	1,5 k €	-95.6%	34,7 k €	+73.0%	20,1 k €	-82.3%	113,5 k €	+312%	27,5 k €	+1268%	2 k €
Debts	7,7 k €	+50.7%	5,1 k €	-49.2%	10,1 k €	+2159%	446,5 €	0.0%	446,5 €	-66.9%	1,3 k €	-53.8%	2,9 k €	-89.9%	28,9 k €	+23018%	125 €	-99.8%	55,2 k €	-98.5%	3,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

RENE BOULANGER

Managing director

Active

Ended mandates

RENE BOULANGER

Manager · since 29 mai 2002

Ended

RENE BOULANGER

Manager · since 18 mai 2002

Ended

RENE BOULANGER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CINQ B● Active	0722.560.126

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	26/08/2026	30/06/2025	05/07/2024	06/07/2023	20/07/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	12/07/2022	15/07/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	26/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Micro model	31/12/2023	28/06/2024	05/07/2024	French	PDF
Micro model	31/12/2022	23/06/2023	06/07/2023	French	PDF
Micro model	31/12/2021	12/07/2022	20/07/2022	French	PDF
Micro model	31/12/2020	15/07/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	15/07/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	18/07/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	21/06/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	08/06/2015	French	PDF
Abridged model	31/12/2013	05/03/2014	17/03/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	19/05/2011	23/05/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	09/06/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	09/06/2009	French	PDF
Abridged model	31/12/2007	05/06/2008	12/06/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	26/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 3 ended

Active mandates

RENE BOULANGER

Managing director

Active

Ended mandates

RENE BOULANGER

Manager · since 29 mai 2002

Ended

RENE BOULANGER

Manager · since 18 mai 2002

Ended

RENE BOULANGER

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares04/07/2018
CAPITAL, ACTIONS
PDF
Registered office13/11/2015
SIEGE SOCIAL
PDF
Capital / shares11/04/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office21/04/2005
SIEGE SOCIAL
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 202529,6 k €↑
2024
Annual accounts 2024-37,6 k €↓
2023
Annual accounts 2023-26,2 k €↓
2022
Annual accounts 2022-11,4 k €↓
2021
Annual accounts 2021-4 k €↑
2020
Annual accounts 2020-13,6 k €↑
2019
Annual accounts 2019-15,2 k €↑
2018
Annual accounts 2018-496,3 k €↑
2017
Annual accounts 2017-645,9 k €↓
2016
Annual accounts 2016606,8 k €↑
2006
Annual accounts 2006-74,8 k €
29/05/2002
IncorporationPublic 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

CINQUE

Overview

What does CINQUE do?

Trend over 11 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