ACTIVE

CAIRN

Financial year 2025 · Closed on 31/12/2025

Net result113 k €+13,2 %over 1 year

Gross margin178,8 k €+9,6 %over 1 year

Equity545,7 k €+4,4 %over 1 year

Identity

Source · BCE/KBO

CAIRN is a Private company with limited liability incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Rumst.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.810.806
Incorporation: 20/11/2002
Legal form: Private company with limited liability
Registered office: Schensbossen 14
2840 Rumst · FlandreSee on map
Contributed capital: 12 400,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 68203Rental and operating of own or leased real estate+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	178,8 k €	+9.6%	163,2 k €	-5.7%	173 k €	+16.9%	148 k €	+2.9%	143,9 k €
EBITDA	176,9 k €	+9.8%	161,2 k €	-5.7%	171 k €	+16.8%	146,4 k €	+3.9%	140,8 k €
Operating result	144,3 k €	+19.9%	120,4 k €	-12.9%	138,1 k €	+10.5%	125,1 k €	+3.7%	120,6 k €
Net result	113 k €	+13.2%	99,8 k €	-12.6%	114,2 k €	+21.7%	93,8 k €	+5.1%	89,2 k €
Balance sheet
Equity	545,7 k €	+4.4%	522,6 k €	+2.5%	509,7 k €	+4.9%	485,8 k €	+5.8%	459,1 k €
Total assets	586,1 k €	-0.1%	586,9 k €	-3.1%	605,7 k €	+8.2%	560 k €	+2.7%	545,4 k €
Cash	105,3 k €	-6.0%	112 k €	+6.1%	105,5 k €	+10.7%	95,3 k €	-38.9%	156,1 k €
Debts	38,8 k €	-37.2%	61,8 k €	-33.5%	92,9 k €	+31.4%	70,7 k €	-14.1%	82,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roel Mulders	Administrator - managersince 14/11/2002Manager14/11/2002 → 2018 accountsended

Full financial information

Source · NBB

	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	08/06/2026	26/06/2025	19/06/2024	26/06/2023	13/07/2022	12/07/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	08/06/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	19/06/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	26/06/2023	Dutch	PDF
Micro model	31/12/2021	02/06/2022	13/07/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	12/07/2021	Dutch	PDF
Micro model	31/12/2019	04/06/2020	18/06/2020	Dutch	PDF
Micro model	31/12/2018	06/06/2019	25/10/2019	Dutch	PDF
Micro model	31/12/2017	27/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/07/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	22/07/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	30/06/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	31/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roel Mulders	Administrator - managersince 14/11/2002Manager14/11/2002 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office20/03/2015
Verplaatsing maatschappelijke zetel en uitbatingszetel
PDF
Capital / shares13/12/2013
Kapitaalverhoging door bijstorting in geld op de bestaande aandelen -
PDF
Registered office01/04/2005
MAATSCHAPPELIJKE ZETEL
PDF
Other27/11/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

Roel Mulders

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CAIRN

Schensbossen 14, 2840 Rumst

Administrator - managerManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schensbossen 14, 2840 RumstCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00143898

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CAIRNCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00143898

Events

2025
Annual accounts 2025113 k €↑
2024
Annual accounts 202499,8 k €↓
2023
Annual accounts 2023114,2 k €↑
2022
Annual accounts 202293,8 k €↑
2021
Annual accounts 202189,2 k €↑
2020
Annual accounts 202078,2 k €↑
2019
Annual accounts 201961,3 k €↑
2018
Annual accounts 201850,1 k €↑
2017
Annual accounts 201740,8 k €↓
2016
Annual accounts 201658,5 k €↑
2015
Annual accounts 201543,6 k €↑
2014
Annual accounts 201419,6 k €↓
2013
Annual accounts 201322,5 k €↓
2012
Annual accounts 201251,2 k €↓
2011
Annual accounts 201167,9 k €↑
2010
Annual accounts 201038 k €↑
2009
Annual accounts 200920,7 k €↓
2008
Annual accounts 200842,5 k €↑
2007
Annual accounts 200716,6 k €↑
2006
Annual accounts 20069,8 k €
20/11/2002
IncorporationPrivate company with limited liability

CAIRN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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