MORATORIUM (JUDICIAL REORGANISATION)

Cabinet d'étude en gestion, expertise-comptable et conseil fiscal Ceulemans & Partners

Company — Moratorium (judicial reorganisation).

Financial year 2025 · Closed on 31/12/2025

Net result8,4 k €-51,2 %over 1 year
Gross margin433,5 k €-10,1 %over 1 year
Equity153,8 k €+5,8 %over 1 year

Identity

Source · BCE/KBO

Cabinet d'étude en gestion, expertise-comptable et conseil fiscal Ceulemans & Partners is a Private limited company incorporated in 2014. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Dalhem.

Legal situation
Moratorium (judicial reorganisation)
BCE/KBO no. / VAT
BE 0554.830.003
Incorporation
27/06/2014
Legal form
Private limited company
Registered office
Rue des Trois Rois(DAL) 5
4607 Dalhem · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin433,5 k €482,4 k €486,7 k €473,5 k €492,2 k €
EBITDA159,3 k €159,3 k €137,9 k €133,8 k €166,6 k €
Operating result37,2 k €40,9 k €17,2 k €10 k €37,7 k €
Net result8,4 k €17,2 k €8,5 k €-10,9 k €6,5 k €
Balance sheet
Equity153,8 k €145,4 k €128,2 k €119,8 k €-19,3 k €
Total assets527,8 k €702,1 k €785,9 k €918 k €910 k €
Cash4,9 k €20,3 k €12,7 k €3,6 k €463,3 €
Debts374 k €551,4 k €657,4 k €798,2 k €929,2 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
REC Consulting0865.524.367Represented by Etienne Ceulemans
Directorsince 07/12/2018Managersince 07/12/2018ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Etienne Ceulemans
Manager01/10/2016 → 07/12/2018
Fabrice Lacour
Manageruntil 30/09/2016

Other companies at this address

Rue des Trois Rois(DAL) 5 4607 Dalhem
CompanyCBE no.
0478.122.896
REC Consulting● Active
0865.524.367

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro 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 date31/08/202611/08/202503/05/202409/06/202330/06/202228/06/2021
General meeting30/06/202630/06/202502/05/202408/06/202329/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/08/2026FrenchPDF
Micro model31/12/202430/06/202511/08/2025FrenchPDF
Micro model31/12/202302/05/202403/05/2024FrenchPDF
Micro model31/12/202208/06/202309/06/2023FrenchPDF
Micro model31/12/202129/06/202230/06/2022FrenchPDF
Micro model31/12/202021/06/202128/06/2021FrenchPDF
Micro model31/12/201910/03/202031/03/2020FrenchPDF
Micro model31/12/201811/06/201913/06/2019FrenchPDF
Micro model31/12/201730/05/201831/05/2018FrenchPDF
Micro model31/12/201630/06/201704/07/2017FrenchPDF
Abridged model31/12/201504/06/201630/08/2016FrenchPDF

Indicative valuation

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.

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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 · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
REC Consulting0865.524.367Represented by Etienne Ceulemans
Directorsince 07/12/2018Managersince 07/12/2018ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Etienne Ceulemans
Manager01/10/2016 → 07/12/2018
Fabrice Lacour
Manageruntil 30/09/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/03/2020
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/12/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2017
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2015
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/07/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings11 filings
Mandates
REC Consulting
Etienne Ceulemans
Stéphane Fias
Fabrice Lacour
2014201520162017201820192020202120222023202420252026
CEGEC SRL
Rue des Trois Rois(DAL) 5, 4607 Dalhem
Director
Manager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue des Trois Rois(DAL) 5, 4607 DalhemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00490431

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Cabinet d'étude en gestion, expertise-comptable et conseil fiscal Ceulemans & PartnersCurrent
CBE
CEGEC SRL
accounts 2021 → 2025
Accounts 2025 · 2026-00490431

Events

  1. 2025
    Annual accounts 20258,4 k €↓
  2. 2024
    Annual accounts 202417,2 k €↑
  3. 2023
    Annual accounts 20238,5 k €↑
  4. 2022
    Annual accounts 2022-10,9 k €↓
  5. 2021
    Annual accounts 20216,5 k €↑
  6. 2020
    Annual accounts 2020-46,5 k €↓
  7. 2019
    Annual accounts 201916,6 k €↑
  8. 2018
    Annual accounts 2018-5,8 k €↓
  9. 2017
    Annual accounts 2017-871,9 €↓
  10. 2016
    Annual accounts 20163 k €↑
  11. 2015
    Annual accounts 2015-10,8 k €
  12. 27/06/2014
    IncorporationPrivate limited company