ACTIVE

Cedo Nulli

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Financial year 2025 · closed on 31/12/2025

Net result

81,2 k €

+54.6% YoY

Gross margin

816,3 k €

+10.3% YoY

Equity

134,4 k €

+18.7% YoY

Workforce

13,4 ETP

What does Cedo Nulli do?

Cedo Nulli is a Private limited company incorporated in 2016. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Aalst. It employs on average 13,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0662.728.051

Incorporation

19/09/2016

Legal form

Private limited company

Registered office

Kapellekensbaan 10
9320 Aalst · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

13,4 ETP

Activities (NACE)

56101Restaurants and mobile food service activities· main 56102Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	816,3 k €	+10.3%	739,8 k €	+8.0%	685,1 k €	+21.1%	565,5 k €	+45.8%	387,8 k €	+60.7%	241,3 k €	-47.9%	463,1 k €	+2.3%	452,8 k €	+31.5%	344,2 k €
EBITDA	175,5 k €	+27.1%	138,1 k €	+73.9%	79,4 k €	-24.7%	105,5 k €	-29.5%	149,6 k €	+285%	38,9 k €	-49.4%	76,8 k €	-11.7%	87 k €	+29.2%	67,3 k €
Operating result	113,6 k €	+47.6%	76,9 k €	+314%	18,6 k €	-58.2%	44,5 k €	-49.7%	88,4 k €	+532%	-20,5 k €	-205%	19,5 k €	-22.3%	25,1 k €	+272%	6,8 k €
Net result	81,2 k €	+54.6%	52,5 k €	+818%	5,7 k €	-84.1%	35,9 k €	-55.7%	81 k €	+393%	-27,6 k €	-485%	7,2 k €	-61.0%	18,4 k €	+657%	-3,3 k €
Balance sheet
Equity	134,4 k €	+18.7%	113,2 k €	-32.3%	167,3 k €	+3.5%	161,6 k €	+28.6%	125,7 k €	+182%	44,6 k €	-38.2%	72,3 k €	+11.0%	65,1 k €	+39.4%	46,7 k €
Total assets	476,6 k €	+19.5%	398,8 k €	-16.1%	475,3 k €	-1.6%	482,9 k €	-0.2%	484 k €	+10.4%	438,5 k €	-17.1%	529,1 k €	-6.6%	566,5 k €	-10.2%	630,9 k €
Cash	232,1 k €	+42.1%	163,3 k €	+1.7%	160,6 k €	+21.6%	132,1 k €	-0.9%	133,4 k €	+531%	21,1 k €	-73.7%	80,4 k €	-6.5%	85,9 k €	-8.0%	93,4 k €
Debts	337,9 k €	+21.9%	277,3 k €	-8.2%	302,2 k €	-0.3%	303 k €	-9.9%	336,3 k €	-8.6%	368,1 k €	-15.6%	436 k €	-10.5%	487,1 k €	-13.8%	565,4 k €
Other
Workforce	13,4 ETP		–		33,6 ETP	+9.1%	30,8 ETP	+70.2%	18,1 ETP	+2.8%	17,6 ETP	-25.1%	23,5 ETP	+0.4%	23,4 ETP	+47.2%	15,9 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 · 2 active · 8 ended

Active mandates

Andries Deraedt

Director · since 01 avril 2017

Active

Kim Simon Scheerlinck-Van Rossen

Director · since 18 novembre 2016

Active

Ended mandates

Andries Deraedt

Manager · since 01 avril 2017

Ended

Kim Scheerlinck - Van Rossen

Director · since 18 novembre 2016

Ended

Kim Scheerlinck - Van Rossen

Manager · since 18 novembre 2016

Ended

Kim Scheerlinck-Van Rossen

Director · since 18 novembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Auxilium● Active	0805.275.291

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	26/07/2026	31/08/2025	30/09/2024	31/08/2023	30/10/2022	29/10/2021
General meeting	30/06/2026	20/06/2025	31/08/2024	16/06/2023	30/09/2022	30/09/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	26/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/08/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/09/2022	30/10/2022	Dutch	PDF
Abridged model	31/12/2020	30/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	23/12/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	31/10/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	28/09/2018	Dutch	PDF

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 · 2 active · 8 ended

Active mandates

Andries Deraedt

Director · since 01 avril 2017

Active

Kim Simon Scheerlinck-Van Rossen

Director · since 18 novembre 2016

Active

Ended mandates

Andries Deraedt

Manager · since 01 avril 2017

Ended

Kim Scheerlinck - Van Rossen

Director · since 18 novembre 2016

Ended

Kim Scheerlinck - Van Rossen

Manager · since 18 novembre 2016

Ended

Kim Scheerlinck-Van Rossen

Director · since 18 novembre 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other21/09/2016
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

2025
Annual accounts 202581,2 k €↑
2024
Annual accounts 202452,5 k €↑
2023
Annual accounts 20235,7 k €↓
2022
Annual accounts 202235,9 k €↓
2021
Annual accounts 202181 k €↑
2020
Annual accounts 2020-27,6 k €↓
2019
Annual accounts 20197,2 k €↓
2018
Annual accounts 201818,4 k €↑
2017
Annual accounts 2017-3,3 k €
19/09/2016
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cedo Nulli

Overview

What does Cedo Nulli do?

Trend over 9 financial years

Indicative valuation

Board of directors

Other companies at this address

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