ACTIVE

CDC-Cabines de Ciney

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Financial year 2025 · Closed on 31/12/2025

Net result25,5 k €-69,2 %over 1 year

Revenue5,7 M €+4,2 %over 1 year

Equity1,8 M €+1,5 %over 1 year

Workforce16,0 ETP-29,5 %over 1 year

Identity

Source · BCE/KBO

CDC-Cabines de Ciney is a Public limited company incorporated in 2003. Its registered office is in Ciney. It employs on average 16,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0480.301.933
Incorporation: 02/06/2003
Legal form: Public limited company
Registered office: Chemin du Bois aux Mouches 8
5590 Ciney · WallonieSee on map
Contributed capital: 800 000,00 €
Latest accounts: 31/12/2025
Average workforce: 16,0 ETP

Joint committees (4)

149
14901
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5,7 M €	+4.2%	5,4 M €	-39.9%	9,1 M €	+41.0%	6,4 M €	+33.2%	4,8 M €
EBITDA	589,3 k €	+5.9%	556,4 k €	-70.4%	1,9 M €	+200%	625,8 k €	+1.4%	617,5 k €
Operating result	235,9 k €	+20.9%	195 k €	-87.4%	1,5 M €	+433%	289,6 k €	+46.0%	198,3 k €
Net result	25,5 k €	-69.2%	83 k €	-92.5%	1,1 M €	+418%	213,1 k €	+76.3%	120,9 k €
Balance sheet
Equity	1,8 M €	+1.5%	1,7 M €	+5.0%	1,7 M €	+22.4%	1,4 M €	+18.7%	1,1 M €
Total assets	7,7 M €	+15.1%	6,7 M €	-11.7%	7,6 M €	+12.8%	6,7 M €	-1.9%	6,8 M €
Cash	924,4 €	-24.6%	1,2 k €	-98.4%	77,4 k €	+33.2%	58,1 k €	-86.2%	421,4 k €
Debts	5,9 M €	+20.6%	4,9 M €	-16.0%	5,8 M €	+9.9%	5,3 M €	-6.1%	5,7 M €
Other
Workforce	16,0 ETP	-29.5%	22,7 ETP	-7.3%	24,5 ETP	+0.4%	24,4 ETP	+26.4%	19,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Gaëtan Fontaine

Director · since 01 octobre 2025 · until 30 septembre 2031

Active

HET VEER

Director · until 15 mai 2027 · 0426.405.169

Represented by Sophie Vandoorne

Active

Maria De Baets

Director · until 15 mai 2027

Active

Rik Vandoorne

Managing director · until 15 mai 2027

Active

Ended mandates

HET VEER

Director · since 16 mai 2009 · until 16 mai 2015 · 0426.405.169

Represented by Sophie Vandoorne

Ended

Maria De Baets

Director · since 16 mai 2009 · until 16 mai 2015

Ended

Rik Vandoorne

Managing director · since 16 mai 2009 · until 16 mai 2015

Ended

Sophie Vandoorne

Director · since 01 octobre 2004

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	27/08/2026	28/08/2025	03/10/2024	31/08/2023	25/08/2022	13/07/2021
General meeting	16/05/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
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
Full model	31/12/2025	16/05/2026	27/08/2026	French	PDF
Full model	31/12/2024	17/05/2025	28/08/2025	French	PDF
Full model	31/12/2023	18/05/2024	03/10/2024	French	PDF
Full model	31/12/2022	20/05/2023	31/08/2023	French	PDF
Full model	31/12/2021	21/05/2022	25/08/2022	French	PDF
Full model	31/12/2020	15/05/2021	13/07/2021	French	PDF
Full model	31/12/2019	25/07/2020	25/09/2020	French	PDF
Full model	31/12/2018	18/05/2019	26/08/2019	French	PDF
Full model	31/12/2017	19/05/2018	30/07/2018	French	PDF
Full model	31/12/2016	20/05/2017	04/09/2017	French	PDF
Full model	31/12/2015	19/03/2016	11/05/2016	French	PDF
Full model	31/12/2014	21/03/2015	24/07/2015	French	PDF
Full model	31/12/2013	17/05/2014	06/06/2014	French	PDF
Full model	31/12/2012	05/03/2013	18/03/2013	French	PDF
Full model	31/12/2011	19/05/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	21/05/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	15/05/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	16/05/2009	10/07/2009	French	PDF
Abridged model	30/06/2007	27/12/2007	29/02/2008	French	PDF
Abridged model	30/06/2006	27/12/2006	11/01/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

4 active · 12 ended

Active mandates

Gaëtan Fontaine

Director · since 01 octobre 2025 · until 30 septembre 2031

Active

HET VEER

Director · until 15 mai 2027 · 0426.405.169

Represented by Sophie Vandoorne

Active

Maria De Baets

Director · until 15 mai 2027

Active

Rik Vandoorne

Managing director · until 15 mai 2027

Active

Ended mandates

HET VEER

Director · since 16 mai 2009 · until 16 mai 2015 · 0426.405.169

Represented by Sophie Vandoorne

Ended

Maria De Baets

Director · since 16 mai 2009 · until 16 mai 2015

Ended

Rik Vandoorne

Managing director · since 16 mai 2009 · until 16 mai 2015

Ended

Sophie Vandoorne

Director · since 01 octobre 2004

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/12/2025
DEMISSIONS, NOMINATIONS
PDF
Other29/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE
PDF
Mandates26/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2010
DENOMINATION
PDF
Mandates15/10/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates20/11/2008
DEMISSIONS, NOMINATIONS
PDF
Other18/07/2008
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

2025
Annual accounts 202525,5 k €↓
2024
Annual accounts 202483 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022213,1 k €↑
2021
Annual accounts 2021120,9 k €↑
2020
Annual accounts 202018,8 k €↑
2019
Annual accounts 2019-341 k €↓
2018
Annual accounts 201864,7 k €↑
2017
Annual accounts 201722,7 k €↑
2016
Annual accounts 20166,4 k €↓
2015
Annual accounts 201567,9 k €↑
2014
Annual accounts 201447,5 k €↓
2013
Annual accounts 2013158,3 k €↓
2012
Annual accounts 2012236,6 k €↑
2011
Annual accounts 201193,1 k €↓
2010
Annual accounts 2010139 k €↓
2009
Annual accounts 2009515,6 k €↑
2008
Annual accounts 2008-238 k €↓
2007
Annual accounts 2007-80,7 k €
02/06/2003
IncorporationPublic limited company

CDC-Cabines de Ciney

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