ACTIVE

CERES

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Financial year 2025 · closed on 31/12/2025
Net result
52,2 k €
-17.3% YoY
Gross margin
65,1 k €
-18.8% YoY
Equity
21,7 k €
-74.4% YoY

What does CERES do?

CERES is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Haaltert.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0661.771.810
Incorporation
29/08/2016
Legal form
Private limited company
Registered office
Vondelen(DE) 63
9450 Haaltert · FlandreSee on map
Contributed capital
20 405,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities66220Activities of insurance agents and brokers66220Activities of insurance agents and brokers68321Management of real estate on a fee or contract basis68322Management of real estate on a fee or contract basis
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin65,1 k €80,1 k €73,8 k €55,6 k €111,1 k €50,6 k €52,3 k €55,7 k €
EBITDA64,3 k €79,5 k €73,3 k €55 k €110,4 k €50,1 k €50,3 k €53,5 k €
Operating result64,3 k €79,5 k €73,3 k €55 k €110,4 k €50,1 k €50,3 k €53,5 k €
Net result52,2 k €63 k €57,5 k €43,1 k €88,5 k €51 k €39,6 k €41,9 k €
Balance sheet
Equity21,7 k €84,5 k €21,5 k €21 k €46,9 k €71,4 k €93,5 k €53,9 k €
Total assets144 k €136,2 k €83,6 k €74,6 k €53,6 k €72,9 k €95,4 k €57,2 k €
Cash29,3 k €39,3 k €77,4 k €31,4 k €19,2 k €29 k €17,1 k €33,9 k €
Debts121,3 k €50,7 k €61,2 k €52,6 k €6,7 k €1,5 k €1,9 k €3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

NATHALIE BARBIEUR

Director

Active
OLIVIER KIEKENS

Director

Active

Ended mandates

NATHALIE BARBIEUR

Manager

Ended
OLIVIER KIEKENS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Het Manna● Active
0832.744.010
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date12/06/202613/06/202514/06/202416/06/202323/06/202207/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202612/06/2026DutchPDF
Abridged model31/12/202406/06/202513/06/2025DutchPDF
Abridged model31/12/202307/06/202414/06/2024DutchPDF
Abridged model31/12/202202/06/202316/06/2023DutchPDF
Abridged model31/12/202103/06/202223/06/2022DutchPDF
Abridged model31/12/202004/06/202107/07/2021DutchPDF
Micro model31/12/201905/06/202015/06/2020DutchPDF
Abridged model31/12/201807/06/201920/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 2 ended

Active mandates

NATHALIE BARBIEUR

Director

Active
OLIVIER KIEKENS

Director

Active

Ended mandates

NATHALIE BARBIEUR

Manager

Ended
OLIVIER KIEKENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/09/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/01/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office08/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/09/2016
    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 202552,2 k €↓
  2. 2024
    Annual accounts 202463 k €↑
  3. 2023
    Annual accounts 202357,5 k €↑
  4. 2022
    Annual accounts 202243,1 k €↓
  5. 2021
    Annual accounts 202188,5 k €↑
  6. 2020
    Annual accounts 202051 k €↑
  7. 2019
    Annual accounts 201939,6 k €↓
  8. 2018
    Annual accounts 201841,9 k €
  9. 29/08/2016
    IncorporationPrivate limited company