ACTIVE

CENEL

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result3,7 M €+4 066,1 %over 1 year

Gross margin6,3 M €+722,0 %over 1 year

Equity33,3 M €+293,0 %over 1 year

Workforce0,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CENEL is a Private limited company incorporated in 2021. Its main activity is: Buying and selling of own real estate. Its registered office is in Zoersel. It employs on average 0,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0771.904.125
Incorporation: 02/08/2021
Legal form: Private limited company
Registered office: Halle-Velden 109
2980 Zoersel · FlandreSee on map
Contributed capital: 7 923 707,73 €
Latest accounts: 31/12/2025
Average workforce: 0,8 ETP

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 64200Activities of holding companies 64210Activities of holding companies

Joint committees (3)

124
323
32300

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	6,3 M €	+722%	770,1 k €	-3.1%	794,3 k €	+33.7%	594,3 k €	-48.4%	1,2 M €
EBITDA	6 M €	+966%	562 k €	-16.4%	672,2 k €	+30.7%	514,4 k €	-44.7%	930,2 k €
Operating result	5,1 M €	+3787%	130,8 k €	-51.6%	270,4 k €	+155%	106 k €	-82.1%	591,2 k €
Net result	3,7 M €	+4066%	89,1 k €	-61.1%	228,7 k €	+188%	-258,7 k €	+64.1%	-720,6 k €
Balance sheet
Equity	33,3 M €	+293%	8,5 M €	+1.1%	8,4 M €	+2.8%	8,2 M €	-3.1%	8,4 M €
Total assets	64,7 M €	+159%	25 M €	+5.5%	23,7 M €	+7.3%	22,1 M €	+59.3%	13,8 M €
Cash	90,2 k €	-50.2%	181,2 k €	-91.2%	2,1 M €	-18.2%	2,5 M €	+143%	1 M €
Debts	27,9 M €	+94.4%	14,3 M €	+10.0%	13 M €	+12.3%	11,6 M €	+279%	3,1 M €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP		0,0 ETP		0,0 ETP	-100%	1,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sophie Geurts	Directorsince 01/04/2026
Alex Geurts	Directorsince 31/07/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitte Goethals	Director31/07/2021 → 2024 accounts

Other companies at this address

Halle-Velden 109 2980 Zoersel

Company	CBE no.
AB Group● Active	0798.631.781
CENBUILD● Active	0864.583.665
Cenconstruct Sint Amands● Active	0759.800.010
CENJOR-INVEST● Active	0417.845.217
CenProperties● Active	1003.348.796
Future Proof Properties● Active	0777.443.221
IMMOWE● Active	0450.235.002
VACOBEL● Active	0812.239.495

Full financial information

Source · NBB

	2025	2024	2023	2022	2021
Type of account	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
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	09/07/2025	28/06/2024	25/08/2023	07/10/2022
General meeting	30/06/2026	16/06/2025	25/06/2024	27/06/2023	12/05/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 5 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	07/10/2022	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sophie Geurts	Directorsince 01/04/2026
Alex Geurts	Directorsince 31/07/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitte Goethals	Director31/07/2021 → 2024 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/09/2026
ONTSLAGEN, BENOEMINGEN
PDF
Restructuring13/01/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/01/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office11/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/12/2023
MAATSCHAPPELIJKE ZETEL
PDF
Other28/10/2021
DIVERSEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings5 filings

Mandates

Sophie Geurts

Alex Geurts

Brigitte Goethals

202120222023202420252026

CENEL

Halle-Velden 109, 2980 ZoerselBoshuisweg 50, 2240 Zandhoven

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Halle-Velden 109, 2980 ZoerselCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00464356
De Bergen 57 bus 1.1, 2240 Zandhoven	accounts 2023	Accounts 2023 · 2024-00194975
Boshuisweg 50, 2240 Zandhoven	accounts 2021 → 2022	Accounts 2022 · 2023-00360332

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CENELCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00464356

Events

2025
Annual accounts 20253,7 M €↑
2024
Annual accounts 202489,1 k €↓
2023
Annual accounts 2023228,7 k €↑
2022
Annual accounts 2022-258,7 k €↑
2021
Annual accounts 2021-720,6 k €
02/08/2021
IncorporationPrivate limited company

CENEL

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events