ACTIVE

CINE - INVEST BRUGGE

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Financial year 2025 · Closed on 30/09/2025

Net result23,3 M €+703,3 %over 1 year

Gross margin-299 k €-537,3 %over 1 year

Equity81,3 M €+40,1 %over 1 year

Identity

Source · BCE/KBO

CINE - INVEST BRUGGE is a Public limited company incorporated in 2002. Its registered office is in Beersel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0479.125.857
Incorporation: 23/12/2002
Legal form: Public limited company
Registered office: Fazantenlaan 7
1653 Beersel · FlandreSee on map
Contributed capital: 5 714 250,00 €
Latest accounts: 30/09/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-299 k €	-537%	-46,9 k €	-101%	3,9 M €	+1597%	227,7 k €	-91.4%	2,6 M €
EBITDA	-300,1 k €	-526%	-47,9 k €	-101%	3,9 M €	+1603%	226,8 k €	-89.9%	2,2 M €
Operating result	-304,2 k €	-490%	-51,5 k €	-101%	3,9 M €	+1613%	225,4 k €	-89.9%	2,2 M €
Net result	23,3 M €	+703%	2,9 M €	-53.0%	6,2 M €	+125%	2,7 M €	-34.4%	4,2 M €
Balance sheet
Equity	81,3 M €	+40.1%	58 M €	+5.3%	55,1 M €	+12.6%	48,9 M €	+5.9%	46,2 M €
Total assets	81,5 M €	+39.1%	58,6 M €	+5.3%	55,7 M €	+13.5%	49,1 M €	+6.1%	46,2 M €
Cash	10,9 M €	+384%	2,2 M €	-78.0%	10,2 M €	+257%	2,9 M €	-10.7%	3,2 M €
Debts	211,5 k €	-64.4%	593,6 k €	+7.8%	550,6 k €	+413%	107,3 k €	+175%	39 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 29 ended

Active mandates

Benjamin Elizé

Director

Active

Fabienne Elizé

Director

Active

Jean-Max Elizé

Managing director

Active

Max Elizé

Director

Active

Ended mandates

Benjamin Elizé

Director · since 30 avril 2020 · until 14 mars 2026

Ended

ARGOS FINANCE

Director · since 23 mai 2014 · until 23 mai 2020 · 0476.345.521

Represented by Jean-Max Elize

Ended

ARGOS FINANCE

Director · since 23 mai 2014 · until 23 mai 2020 · 0476.345.521

Represented by Jean-Max Elize

Ended

Fabienne Elizé

Managing director · since 23 mai 2014 · until 23 mai 2020

Ended

Other companies at this address

Fazantenlaan 7 1653 Beersel

Company	CBE no.
ARGOS FINANCE● Active	0476.345.521
BAAM● Active	0867.752.892

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	30/04/2025	30/04/2024	03/05/2023	02/05/2022	30/04/2021
General meeting	24/04/2026	26/04/2025	26/04/2024	28/04/2023	12/03/2022	27/04/2021
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	30/09/2025	24/04/2026	29/04/2026	Dutch	PDF
Abridged model	30/09/2024	26/04/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	26/04/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	28/04/2023	03/05/2023	Dutch	PDF
Abridged model	30/09/2021	12/03/2022	02/05/2022	Dutch	PDF
Abridged model	30/09/2020	27/04/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	25/04/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	24/04/2019	02/05/2019	Dutch	PDF
Abridged model	30/09/2017	24/05/2018	30/05/2018	Dutch	PDF
Abridged model	30/09/2016	01/05/2017	05/05/2017	Dutch	PDF
Abridged model	30/09/2015	12/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	14/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	23/05/2014	28/05/2014	Dutch	PDF
Abridged model	30/09/2012	29/04/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	25/05/2012	31/05/2012	Dutch	PDF
Abridged model	30/09/2010	29/04/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	22/05/2010	28/05/2010	Dutch	PDF
Abridged model	30/09/2008	04/04/2009	04/05/2009	Dutch	PDF
Abridged model	30/09/2007	05/04/2008	13/05/2008	Dutch	PDF
Abridged model	30/09/2006	12/05/2007	22/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/09/2025

4 active · 29 ended

Active mandates

Benjamin Elizé

Director

Active

Fabienne Elizé

Director

Active

Jean-Max Elizé

Managing director

Active

Max Elizé

Director

Active

Ended mandates

Benjamin Elizé

Director · since 30 avril 2020 · until 14 mars 2026

Ended

ARGOS FINANCE

Director · since 23 mai 2014 · until 23 mai 2020 · 0476.345.521

Represented by Jean-Max Elize

Ended

ARGOS FINANCE

Director · since 23 mai 2014 · until 23 mai 2020 · 0476.345.521

Represented by Jean-Max Elize

Ended

Fabienne Elizé

Managing director · since 23 mai 2014 · until 23 mai 2020

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/12/2020
KAPITAAL - AANDELEN
PDF
Mandates15/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/04/2009
KAPITAAL - AANDELEN
PDF
Mandates30/07/2008
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202523,3 M €↑
01/07/2025
nominationMax Elizé — bestuurder
2024
Annual accounts 20242,9 M €↓
14/05/2024
reconductionJean-Max Elizé — bestuurder
14/05/2024
reconductionBenjamin Elizé — bestuurder
14/05/2024
reconductionFabienne Elizé — bestuurder
14/05/2024
demissionFabienne Elizé — gedelegeerd bestuurder
14/05/2024
nominationJean-Max Elizé — gedelegeerd bestuurder
2023
Annual accounts 20236,2 M €↑
01/01/2023
nominationEl Fahmi Mohamed — Volmachthouder
2022
Annual accounts 20222,7 M €↓
2021
Annual accounts 20214,2 M €↑
2020
Annual accounts 20203,5 M €↓
2019
Annual accounts 20193,8 M €↑
2018
Annual accounts 2018900,3 k €↓
2017
Annual accounts 20176,7 M €↑
2016
Annual accounts 20164,1 M €↑
2015
Annual accounts 20152,6 M €↑
2014
Annual accounts 2014676,7 k €↓
2013
Annual accounts 20131,7 M €↓
2012
Annual accounts 20123,9 M €↑
2011
Annual accounts 20113,9 M €↓
2010
Annual accounts 20104,3 M €↑
2009
Annual accounts 20091,7 M €↑
2008
Annual accounts 20081 M €↑
2007
Annual accounts 2007871 k €↑
2006
Annual accounts 2006-167,4 k €
23/12/2002
IncorporationPublic limited company

CINE - INVEST BRUGGE

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