ACTIVE

CEMG

Financial year 2025 · closed on 31/12/2025
Net result
136,7 k €
+72.9% YoY
Gross margin
280,2 k €
+68.5% YoY
Equity
292,4 k €
+0.2% YoY

What does CEMG do?

CEMG is a Private limited company incorporated in 2014. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Nazareth-De Pinte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.742.694
Incorporation
23/01/2014
Legal form
Private limited company
Registered office
Guillaume Delmeirelaan 35
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin280,2 k €166,3 k €100,1 k €168,5 k €35 k €53,6 k €62,2 k €29,1 k €105,9 k €135,2 k €241,7 k €
EBITDA258,4 k €140,1 k €96,3 k €166,9 k €34,3 k €51,6 k €60,6 k €27,2 k €54,4 k €91,9 k €164,7 k €
Operating result206,4 k €117,6 k €84,4 k €153 k €20,1 k €38,9 k €46,5 k €-19 k €43,1 k €80,9 k €147,2 k €
Net result136,7 k €79,1 k €55,9 k €101,1 k €10,6 k €24,5 k €34,8 k €-21,9 k €23,1 k €47,2 k €86,7 k €
Balance sheet
Equity292,4 k €291,9 k €248,9 k €227,6 k €171,3 k €200,7 k €176,2 k €141,4 k €163,3 k €140,2 k €93 k €
Total assets772,6 k €586,1 k €394,7 k €428,4 k €386 k €366,1 k €351,1 k €344,3 k €190,6 k €166,9 k €205,9 k €
Cash95,4 k €25,8 k €10,1 k €75,1 k €6,9 k €62,4 k €42,1 k €18,7 k €131,3 k €111,4 k €86,1 k €
Debts479,4 k €293,3 k €126,8 k €194 k €179,8 k €163,7 k €172,3 k €176,4 k €26,9 k €26 k €65,1 k €
Other
Workforce1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Bekir Güney

Bestuurder · since 16 octobre 2023

Active
Murat Gûney

Bestuurder · since 16 octobre 2023

Active
Saîda Bougaouzi

Bestuurder · since 16 octobre 2023

Active

Ended mandates

Bekir Güney

Director

Ended
Mehmet Güney

Manager

Ended
Murat Güney

Director

Ended
Murat Güney

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202617/09/202530/08/202414/09/202331/08/202231/08/2021
General meeting05/05/202606/05/202507/05/202402/05/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/05/202630/07/2026DutchPDF
Abridged model31/12/202406/05/202517/09/2025DutchPDF
Micro model31/12/202307/05/202430/08/2024DutchPDF
Micro model31/12/202202/05/202314/09/2023DutchPDF
Micro model31/12/202103/05/202231/08/2022DutchPDF
Micro model31/12/202004/05/202131/08/2021DutchPDF
Micro model31/12/201915/07/202008/12/2020DutchPDF
Micro model31/12/201802/05/201925/10/2019DutchPDF
Micro model31/12/201702/05/201809/07/2018DutchPDF
Micro model31/12/201604/05/201730/06/2017DutchPDF
Abridged model31/12/201503/05/201629/07/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Bekir Güney

Bestuurder · since 16 octobre 2023

Active
Murat Gûney

Bestuurder · since 16 octobre 2023

Active
Saîda Bougaouzi

Bestuurder · since 16 octobre 2023

Active

Ended mandates

Bekir Güney

Director

Ended
Mehmet Güney

Manager

Ended
Murat Güney

Director

Ended
Murat Güney

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/10/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/11/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/02/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025136,7 k €
  2. 2024
    Annual accounts 202479,1 k €
  3. 2023
    Annual accounts 202355,9 k €
  4. 2022
    Annual accounts 2022101,1 k €
  5. 2021
    Annual accounts 202110,6 k €
  6. 2020
    Annual accounts 202024,5 k €
  7. 2019
    Annual accounts 201934,8 k €
  8. 2018
    Annual accounts 2018-21,9 k €
  9. 2017
    Annual accounts 201723,1 k €
  10. 2016
    Annual accounts 201647,2 k €
  11. 2015
    Annual accounts 201586,7 k €
  12. 23/01/2014
    IncorporationPrivate limited company