ACTIVE

CEDO GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result-43,7 k €-87,8 %over 1 year
Revenue1,3 M €+12,1 %over 1 year
Equity176,8 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

CEDO GROUP is a Public limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0778.920.985
Incorporation
21/12/2021
Legal form
Public limited company
Registered office
Kortrijksesteenweg 157
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
175 997 418,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityHigh revenue

Financials

Source · NBB, 7 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue1,3 M €1,2 M €691,7 k €–
EBITDA-37 k €-37,3 k €-20,7 k €-11,1 k €
Operating result-42,4 k €-42,6 k €-26 k €-16,6 k €
Net result-43,7 k €-23,3 k €8,1 M €-16,8 k €
Balance sheet
Equity176,8 M €176,9 M €176,9 M €176 M €
Total assets176,9 M €177 M €185,4 M €176,7 M €
Cash155,3 k €149 k €202 k €2,4 k €
Debts110,4 k €100,6 k €8,5 M €701,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thierry NAVARRE
Director12/12/2022 → 27/06/2028
Erik VAN DEN EYNDEN
Director21/12/2021 → 22/06/2027
Gino DE RAEDT
Director21/12/2021 → 22/06/2027
Maarten PEERS
Director21/12/2021 → 22/06/2027
Nicolas DE QUINNEMAR
Director21/12/2021 → 22/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frederica VERHEYDEN
Director21/12/2021 → 12/12/2022

Other companies at this address

Kortrijksesteenweg 157 9830 Sint-Martens-Latem
CompanyCBE no.
ATHMOS CAPITAL● Active
0540.976.423
BARON RUZETTE BRUGGE● Active
0800.839.027
Cassatt● Active
1044.162.636
CNTR Ath● Active
0795.397.822
CNTR Braine L’Alleud● Active
0795.398.020
CNTR Diest● Active
0795.225.497
CNTR Halle● Active
0795.082.175
CNTR Holding● Active
0794.954.788
CNTR Kortrijk● Active
0795.082.769
CNTR La Louvière● Active
0795.397.921
CNTR Malmedy● Active
0795.398.911
CNTR Oudenaarde● Active
0795.083.957
CNTR Saint-Vith● Active
0795.399.307
CNTR St-NIKLAAS● Active
0795.093.657
CNTR Tongeren● Active
0795.080.690
CONNECTOR HUB● Active
1010.516.801
Futurn Cesar● Active
0839.605.868
GILBO● Active
0438.857.593
G&P VENTURE● Active
0691.657.807
HANSIMMO● Active
0447.666.777

Full financial information

Source · NBB
2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202321/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date29/06/202610/07/202502/07/202431/08/2023
General meeting23/06/202624/06/202525/06/202430/08/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202629/06/2026DutchPDF
Full model31/12/202424/06/202510/07/2025DutchPDF
Consolidated accounts31/12/202424/06/202504/07/2025DutchPDF
Full model31/12/202325/06/202402/07/2024DutchPDF
Consolidated accounts31/12/202326/06/202402/07/2024DutchPDF
Full model31/12/202230/08/202331/08/2023DutchPDF
Consolidated accounts31/12/202213/10/202331/10/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

5 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thierry NAVARRE
Director12/12/2022 → 27/06/2028
Erik VAN DEN EYNDEN
Director21/12/2021 → 22/06/2027
Gino DE RAEDT
Director21/12/2021 → 22/06/2027
Maarten PEERS
Director21/12/2021 → 22/06/2027
Nicolas DE QUINNEMAR
Director21/12/2021 → 22/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frederica VERHEYDEN
Director21/12/2021 → 12/12/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office08/10/2026
    Zetelverplaatsing
    PDF
  • Mandates17/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other23/12/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings4 filings
Mandates
Thierry NAVARRE
Nicolas DE QUINNEMAR
Erik VAN DEN EYNDEN
Gino DE RAEDT
Maarten PEERS
Frederica VERHEYDEN
20212022202320242025202620272028
CEDO GROUP
Rijvisschestraat 122, 9052 Zwijnaarde
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kortrijksesteenweg 157, 9830 Sint-Martens-LatemCurrent
CBE since 30/09/2026
CBE
Rijvisschestraat 122, 9052 Zwijnaarde
CBE until 30/09/2026
CBE
Rijvisschestraat 122, 9052 Zwijnaarde
accounts 2022 → 2025
Accounts 2025 · 2026-00229726

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CEDO GROUPCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00229726

Events

  1. 2025
    Annual accounts 2025-43,7 k €↓
  2. 29/12/2025
    reconductionEY Bedrijfsrevisoren BV · commissaris-revisor
  3. 2024
    Annual accounts 2024-23,3 k €↓
  4. 2023
    Annual accounts 20238,1 M €↑
  5. 2022
    Annual accounts 2022-16,8 k €
  6. 12/12/2022
    nominationThierry NAVARRE · bestuurder
  7. 21/12/2021
    IncorporationPublic limited company