ACTIVE

CXM Holding

Financial year 2025 · closed on 31/12/2025
Net result
-117,6 k €
+93.0% YoY
Revenue
607,9 k €
-57.6% YoY
Equity
44,7 M €
-0.3% YoY

What does CXM Holding do?

CXM Holding is a Public limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0685.989.245
Incorporation
15/12/2017
Legal form
Public limited company
Registered office
Boulevard du Roi Albert II 19
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
47 927 364,83 €
Latest accounts
31/12/2025
Signals
Solid equity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue607,9 k €1,4 M €1,0 M €898,6 k €
EBITDA-10,1 k €-1,5 M €255,0 k €258,5 k €-230,0 k €
Operating result-10,1 k €-1,5 M €255,0 k €258,5 k €-230,0 k €
Net result-117,6 k €-1,7 M €85,3 k €0,0 €-467,6 k €
Balance sheet
Equity44,7 M €44,8 M €45,5 M €45,3 M €39,5 M €
Total assets51,3 M €51,9 M €53,4 M €52,5 M €50,5 M €
Cash21,6 k €531,2 k €34,2 k €22,0 k €169,3 k €
Debts6,6 M €7,1 M €7,8 M €7,1 M €10,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 33 ended

Active mandates

Mikael Westöö

Director · since 02 mars 2026 · until 02 mars 2032

Active
Thibaud De Keyzer

Director · since 21 novembre 2024 · until 02 mars 2026

Active

Ended mandates

Thibaud De Keyzer

Director · since 21 novembre 2024 · until 21 novembre 2030

Ended
Matthias Kläsener

Director · since 02 mai 2022 · until 02 mai 2028

Ended
Roxali

Director · since 02 mai 2022 · until 02 mai 2028 · 0842.253.968

Represented by Céline Vanbever

Ended
Roxali

Director · since 02 mai 2022 · until 02 mai 2028 · 0842.253.968

Represented by Céline Vanbever

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date20/07/202608/07/202505/07/202407/09/202318/10/202212/07/2021
General meeting08/07/202601/07/202501/07/202406/09/202317/10/202217/06/2021
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
Full model31/12/202508/07/202620/07/2026DutchPDF
Full model31/12/202401/07/202508/07/2025DutchPDF
Full model31/12/202301/07/202405/07/2024DutchPDF
Full model31/12/202206/09/202307/09/2023DutchPDF
Abridged model31/12/202117/10/202218/10/2022DutchPDF
Abridged model31/12/202017/06/202112/07/2021FrenchPDF
Abridged model31/12/201924/06/202029/06/2020FrenchPDF
Abridged model31/12/201815/05/201901/08/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 33 ended

Active mandates

Mikael Westöö

Director · since 02 mars 2026 · until 02 mars 2032

Active
Thibaud De Keyzer

Director · since 21 novembre 2024 · until 02 mars 2026

Active

Ended mandates

Thibaud De Keyzer

Director · since 21 novembre 2024 · until 21 novembre 2030

Ended
Matthias Kläsener

Director · since 02 mai 2022 · until 02 mai 2028

Ended
Roxali

Director · since 02 mai 2022 · until 02 mai 2028 · 0842.253.968

Represented by Céline Vanbever

Ended
Roxali

Director · since 02 mai 2022 · until 02 mai 2028 · 0842.253.968

Represented by Céline Vanbever

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares16/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    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. 02/03/2026
    nominationMikael Westöö — enige bestuurder
  2. 2025
    Annual accounts 2025-117,6 k €
  3. 22/09/2025
    nominationEY Bedrijfsrevisoren bv — commissaris
  4. 2024
    Annual accounts 2024-1,7 M €
  5. 21/11/2024
    nominationDe Keyzer Thibaud — enig bestuurder
  6. 21/11/2024
    autre
  7. 19/11/2024
    augmentation_capital
  8. 2023
    Annual accounts 202385,3 k €
  9. 06/11/2023
    augmentation_capital
  10. 06/09/2023
    reconductionLaurent Josi Jean-Marie — bestuurder
  11. 2022
    Annual accounts 20220,0 €
  12. 01/06/2022
    nominationID82 BV — persoon belast met het dagelijks bestuur
  13. 02/05/2022
    nominationSatisa BV — bestuurder
  14. 02/05/2022
    nominationRoxali BV — bestuurder
  15. 02/05/2022
    nominationMatthias Kläsener — bestuurder
  16. 2021
    Annual accounts 2021-467,6 k €
  17. 15/12/2017
    IncorporationPublic limited company