ACTIVE

CERHUM

Financial year 2025 · closed on 31/12/2025
Net result
-1,3 M €
-69.5% YoY
Revenue
136,7 k €
+128.4% YoY
Equity
1,3 M €
-39.8% YoY
Workforce
7,1 ETP
+6.0% YoY

What does CERHUM do?

CERHUM is a Public limited company incorporated in 2015. Its main activity is: Manufacture of other technical ceramic products. Its registered office is in Liège. It employs on average 7,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0640.975.802
Incorporation
15/10/2015
Legal form
Public limited company
Registered office
Rue des Pôles 1
4000 Liège · WallonieSee on map
Contributed capital
2 249 914,59 €
Latest accounts
31/12/2025
Average workforce
7,1 ETP
Joint committees (2)
  • 200
  • 340
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue136,7 k €59,9 k €41,3 k €16,1 k €22,2 k €25,7 k €49,9 k €85,3 k €52,9 k €
EBITDA-682,8 k €-240,9 k €30,9 k €-228,4 k €56,9 k €12,4 k €74,9 k €196,6 k €-60 k €
Operating result-1,3 M €-835,2 k €-585,7 k €-273,1 k €-44 k €-82 k €-12,1 k €127,8 k €-118,7 k €
Net result-1,3 M €-740,2 k €-399,8 k €-323,3 k €-37,9 k €5,8 k €-27,5 k €115,2 k €-128,5 k €
Balance sheet
Equity1,3 M €2,2 M €3,1 M €3,5 M €1,2 M €870 k €601,3 k €310,1 k €138,2 k €
Total assets6,3 M €6,4 M €5,3 M €5 M €4 M €2,5 M €2,2 M €1,2 M €732,5 k €
Cash232 k €808,5 k €335,9 k €107,8 k €960,4 k €54,9 k €253,1 k €194,7 k €200,5 k €
Debts5 M €4 M €2,1 M €1,4 M €2,9 M €1,7 M €1,6 M €921,7 k €594,3 k €
Other
Workforce7,1 ETP6,7 ETP5,9 ETP6,9 ETP5,1 ETP4,4 ETP3,9 ETP1,3 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 11 ended

Active mandates

Denis ZENNER

Director · since 07 avril 2026 · until 31 mars 2028

Active
CEDRIC CONSTANT

Director · since 27 mars 2025 · until 19 mai 2026

Active
RALF HALBACH

Director · since 27 mars 2025 · until 16 mai 2028

Active
CONSTANT DEVELOPMENTS

(Autre fonction) · since 19 juillet 2023 · 0527.949.818

Represented by CEDRIC CONSTANT

Active
SPARAXIS

Director · since 01 janvier 2023 · until 31 mars 2028 · 0452.116.307

Represented by SOPHIE SAUVAGE

Active
JEAN NIZET

Director · since 25 avril 2022 · until 16 mai 2028

Active
PIERRE RION

Director · since 31 mars 2022 · until 31 mars 2028

Active
THIBAUT BREULS

Director · since 31 mars 2022 · until 31 mars 2028

Active

Ended mandates

SPARAXIS

Director · since 01 janvier 2023 · 0452.116.307

Represented by SOPHIE SAUVAGE

Ended
JEAN NIZET

Director · since 25 avril 2022 · until 25 avril 2025

Ended
GREGORY NOLENS

Director · since 31 mars 2022 · until 31 mars 2028

Ended
GREGORY NOLENS

Managing director · since 31 mars 2022 · until 31 mars 2028

Ended
At this address

Other companies at this address

CompanyCBE no.
ELIOSYSActive
0817.828.477
0466.889.605
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/04/202101/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date31/07/202603/06/202510/09/202407/07/202326/10/202128/11/2020
General meeting19/05/202627/03/202509/09/202416/05/202322/09/202111/09/2020
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202631/07/2026FrenchPDF
Abridged model31/12/202427/03/202503/06/2025FrenchPDF
Abridged model31/12/202309/09/202410/09/2024FrenchPDF
Abridged model31/12/202216/05/202307/07/2023FrenchPDF
Abridged model31/03/202122/09/202126/10/2021FrenchPDF
Abridged model31/03/202011/09/202028/11/2020FrenchPDF
Abridged model31/03/201925/09/201930/09/2019FrenchPDF
Abridged model31/03/201813/09/201830/10/2018FrenchPDF
Abridged model31/03/201708/09/201728/11/2017FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 11 ended

Active mandates

Denis ZENNER

Director · since 07 avril 2026 · until 31 mars 2028

Active
CEDRIC CONSTANT

Director · since 27 mars 2025 · until 19 mai 2026

Active
RALF HALBACH

Director · since 27 mars 2025 · until 16 mai 2028

Active
CONSTANT DEVELOPMENTS

(Autre fonction) · since 19 juillet 2023 · 0527.949.818

Represented by CEDRIC CONSTANT

Active
SPARAXIS

Director · since 01 janvier 2023 · until 31 mars 2028 · 0452.116.307

Represented by SOPHIE SAUVAGE

Active
JEAN NIZET

Director · since 25 avril 2022 · until 16 mai 2028

Active
PIERRE RION

Director · since 31 mars 2022 · until 31 mars 2028

Active
THIBAUT BREULS

Director · since 31 mars 2022 · until 31 mars 2028

Active

Ended mandates

SPARAXIS

Director · since 01 janvier 2023 · 0452.116.307

Represented by SOPHIE SAUVAGE

Ended
JEAN NIZET

Director · since 25 avril 2022 · until 25 avril 2025

Ended
GREGORY NOLENS

Director · since 31 mars 2022 · until 31 mars 2028

Ended
GREGORY NOLENS

Managing director · since 31 mars 2022 · until 31 mars 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/01/2024
    DIVERS
    PDF
  • Mandates08/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/10/2022
    CAPITAL, ACTIONS
    PDF
  • Mandates15/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/04/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    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 2025-1,3 M €
  2. 2024
    Annual accounts 2024-740,2 k €
  3. 2023
    Annual accounts 2023-399,8 k €
  4. 2022
    Annual accounts 2022-323,3 k €
  5. 2021
    Annual accounts 2021-37,9 k €
  6. 2020
    Annual accounts 20205,8 k €
  7. 2019
    Annual accounts 2019-27,5 k €
  8. 2018
    Annual accounts 2018115,2 k €
  9. 2017
    Annual accounts 2017-128,5 k €
  10. 15/10/2015
    IncorporationPublic limited company