ACTIVE

CIVASEL

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Financial year 2025 · closed on 31/12/2025
Net result
43,5 k €
-17.2% YoY
Gross margin
275,4 k €
+1.8% YoY
Equity
386,3 k €
+13.5% YoY
Workforce
2,0 ETP
0.0% YoY

What does CIVASEL do?

CIVASEL is a Public limited company incorporated in 2023. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Ciney. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0801.679.066
Incorporation
11/05/2023
Legal form
Public limited company
Registered office
Allée des Artisans 2
5590 Ciney · WallonieSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
72109Research and experimental development on natural sciences and engineering· main72190Other research and experimental development on natural sciences and engineering75000Veterinary activities75000Veterinary activities
Signals
ProfitableSolid equityLow 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 3 financial years

202520242023
Income statement
Gross margin275,4 k €270,5 k €160,2 k €
EBITDA126,5 k €135,2 k €125,5 k €
Operating result-87,6 k €-55,6 k €77,8 k €
Net result43,5 k €52,6 k €84 k €
Balance sheet
Equity386,3 k €340,3 k €284 k €
Total assets530,8 k €565,2 k €511,7 k €
Cash333 k €372,3 k €384,4 k €
Debts125,1 k €222 k €225 k €
Other
Workforce2,0 ETP2,0 ETP0,6 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 · 6 active · 6 ended

Active mandates

ASSOCIATION REGIONALE DE SANTE ET D'IDENTIFICATION ANIMALES - REGIONALE VEREINGUNG DER TIERGESUNDHEIT UND - IDENTIFIZIERUNG

Personne chargée de la gestion journalière · since 11 mai 2023 · until 10 mai 2029 · 0479.087.849

Represented by Marc Saulmont

Active
Caroline Jaspart

Director · since 11 mai 2023 · until 10 mai 2029

Active
Christian Quinet

Director · since 11 mai 2023 · until 10 mai 2029

Active
Christophe Mathieu

Director · since 11 mai 2023 · until 10 mai 2029

Active
Jean-Philippe Demonty

Director · since 11 mai 2023 · until 10 mai 2029

Active
Olivier Vanloocke

Director · since 11 mai 2023 · until 10 mai 2029

Active

Ended mandates

ASSOCIATION REGIONALE DE SANTE ET D'IDENTIFICATION ANIMALES - REGIONALE VEREINGUNG DER TIERGESUNDHEIT UND - IDENTIFIZIERUNG

Personne chargée de la gestion journalière · since 11 mai 2023 · 0479.087.849

Represented by Marc Saulmont

Ended
Caroline Jaspart

Director · since 11 mai 2023

Ended
Christian Quinet

Director · since 11 mai 2023

Ended
Christophe Mathieu

Director · since 11 mai 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
ASSOCIATION REGIONALE DE SANTE ET D'IDENTIFICATION ANIMALES - REGIONALE VEREINGUNG DER TIERGESUNDHEIT UND - IDENTIFIZIERUNG● Active
0479.087.849
AWARDE ASBL● Active
0800.283.355
FEDERATION EUROPEENNE POUR LA SANTE ANIMALE ET LA SECURITE SANITAIRE● Active
0477.333.832
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date14/07/202609/07/202529/05/2024
General meeting18/06/202619/06/202517/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202614/07/2026FrenchPDF
Abridged model31/12/202419/06/202509/07/2025FrenchPDF
Abridged model31/12/202317/05/202429/05/2024FrenchPDF
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 · 6 active · 6 ended

Active mandates

ASSOCIATION REGIONALE DE SANTE ET D'IDENTIFICATION ANIMALES - REGIONALE VEREINGUNG DER TIERGESUNDHEIT UND - IDENTIFIZIERUNG

Personne chargée de la gestion journalière · since 11 mai 2023 · until 10 mai 2029 · 0479.087.849

Represented by Marc Saulmont

Active
Caroline Jaspart

Director · since 11 mai 2023 · until 10 mai 2029

Active
Christian Quinet

Director · since 11 mai 2023 · until 10 mai 2029

Active
Christophe Mathieu

Director · since 11 mai 2023 · until 10 mai 2029

Active
Jean-Philippe Demonty

Director · since 11 mai 2023 · until 10 mai 2029

Active
Olivier Vanloocke

Director · since 11 mai 2023 · until 10 mai 2029

Active

Ended mandates

ASSOCIATION REGIONALE DE SANTE ET D'IDENTIFICATION ANIMALES - REGIONALE VEREINGUNG DER TIERGESUNDHEIT UND - IDENTIFIZIERUNG

Personne chargée de la gestion journalière · since 11 mai 2023 · 0479.087.849

Represented by Marc Saulmont

Ended
Caroline Jaspart

Director · since 11 mai 2023

Ended
Christian Quinet

Director · since 11 mai 2023

Ended
Christophe Mathieu

Director · since 11 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/05/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202543,5 k €↓
  2. 2024
    Annual accounts 202452,6 k €↓
  3. 2023
    Annual accounts 202384 k €
  4. 11/05/2023
    IncorporationPublic limited company