ACTIVE

CISTUS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

178,8 k €

+158.6% YoY

Gross margin

473,9 k €

+55.1% YoY

Equity

640,3 k €

+31.0% YoY

Workforce

2,3 ETP

0.0% YoY

What does CISTUS do?

CISTUS is a Private limited company incorporated in 2008. Its main activity is: Architectural activities. Its registered office is in Oudenburg. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.155.509

Incorporation

14/10/2008

Legal form

Private limited company

Registered office

Klemskerksestraat 7
8460 Oudenburg · FlandreSee on map

Contributed capital

40 000,00 €

Latest accounts

31/12/2025

Average workforce

2,3 ETP

Activities (NACE)

71113Architectural activities· main 71113Architectural activities 01430Raising of horses and other equines 01430Raising of horses and other equines 85510Sports and recreation education 85510Sports and recreation education+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	473,9 k €	+55.1%	305,5 k €	+11.5%	274,1 k €	-9.8%	304,1 k €	+81.5%	167,5 k €	+62.9%	102,8 k €	-6.7%	110,2 k €	+31.1%	84 k €	-5.2%	88,6 k €	+18.7%	74,7 k €	+109%	35,7 k €	-4.8%	37,4 k €	-4.5%	39,2 k €	-5.5%	41,5 k €	+49.6%	27,7 k €	-50.1%	55,6 k €	-11.8%	63 k €
EBITDA	357,4 k €	+88.9%	189,2 k €	+44.1%	131,3 k €	-24.3%	173,4 k €	+101%	86,1 k €	+89.4%	45,5 k €	-39.7%	75,3 k €	-2.1%	76,9 k €	-12.3%	87,7 k €	+18.7%	73,9 k €	+110%	35,1 k €	-4.2%	36,6 k €	-4.4%	38,3 k €	-3.7%	39,8 k €	+50.2%	26,5 k €	-51.3%	54,4 k €	-12.0%	61,8 k €
Operating result	285 k €	+143%	117,2 k €	+96.4%	59,7 k €	-45.5%	109,6 k €	+138%	46 k €	+133%	19,8 k €	+118%	9,1 k €	-85.6%	62,9 k €	-20.0%	78,6 k €	+44.5%	54,4 k €	+244%	15,8 k €	-8.9%	17,3 k €	-1.9%	17,7 k €	-4.4%	18,5 k €	+15.9%	16 k €	-64.3%	44,7 k €	-11.0%	50,2 k €
Net result	178,8 k €	+159%	69,1 k €	+232%	20,8 k €	-71.0%	71,8 k €	+86.5%	38,5 k €	+189%	13,3 k €	+4491%	289,9 €	-99.3%	44,4 k €	-9.5%	49 k €	+52.5%	32,2 k €	+206%	10,5 k €	-9.6%	11,6 k €	+2.8%	11,3 k €	-34.7%	17,3 k €	+82.9%	9,5 k €	-68.3%	29,9 k €	-18.4%	36,6 k €
Balance sheet
Equity	640,3 k €	+31.0%	488,7 k €	+16.5%	419,6 k €	+5.2%	398,8 k €	+22.0%	327 k €	+13.3%	288,5 k €	+4.8%	275,2 k €	+0.1%	274,9 k €	+15.3%	238,5 k €	+23.3%	193,5 k €	+19.9%	161,3 k €	+10.3%	146,2 k €	+8.6%	134,6 k €	+9.2%	123,3 k €	+16.3%	106 k €	+9.8%	96,5 k €	+44.9%	66,6 k €
Total assets	1,3 M €	+12.2%	1,1 M €	+7.4%	1,1 M €	+1.8%	1 M €	+10.8%	947,4 k €	+52.1%	623 k €	+1.4%	614,5 k €	+70.2%	361 k €	+19.1%	303,2 k €	+24.4%	243,7 k €	+21.6%	200,3 k €	+7.4%	186,6 k €	+6.3%	175,5 k €	+5.2%	166,8 k €	+5.9%	157,6 k €	+7.2%	146,9 k €	-0.5%	147,7 k €
Cash	249,1 k €	+123%	111,8 k €	+1293%	8 k €	-43.1%	14,1 k €	-89.0%	128,6 k €	+79.5%	71,7 k €	-42.4%	124,5 k €	-60.4%	314,8 k €	+11.6%	282,1 k €	+34.3%	210 k €	+38.9%	151,2 k €	+23.0%	123 k €	+57.6%	78 k €	+50.2%	51,9 k €	-24.8%	69,1 k €	+18.1%	58,5 k €	+6.6%	54,9 k €
Debts	647,3 k €	-1.7%	658,6 k €	+2.8%	640,6 k €	-1.6%	650,8 k €	+4.9%	620,5 k €	+85.5%	334,5 k €	-1.4%	339,3 k €	+294%	86,1 k €	+33.0%	64,7 k €	+28.9%	50,2 k €	+28.7%	39 k €	-3.3%	40,4 k €	+0.6%	40,1 k €	-6.1%	42,7 k €	-17.2%	51,6 k €	+2.3%	50,4 k €	-37.8%	81,1 k €
Other
Workforce	2,3 ETP	0.0%	2,3 ETP	-8.0%	2,5 ETP	-16.7%	3,0 ETP	+25.0%	2,4 ETP	+71.4%	1,4 ETP	+40.0%	1,0 ETP	+400%	0,2 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 · 1 ended

Active mandates

Valerie Baert

Director · since 02 mars 2020

Active

Dominique Eeman

Director

Active

Ended mandates

Dominique Eeman

Manager

Ended

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	18/03/2026	28/07/2025	28/08/2024	23/06/2023	14/07/2022	20/07/2021
General meeting	27/02/2026	07/06/2025	29/06/2024	20/05/2023	21/05/2022	11/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/02/2026	18/03/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	20/05/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/05/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/05/2020	04/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	15/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/03/2017	05/04/2017	Dutch	PDF
Abridged model	31/12/2015	18/03/2016	15/04/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	28/05/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	22/05/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	24/05/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	28/05/2010	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 · 1 ended

Active mandates

Valerie Baert

Director · since 02 mars 2020

Active

Dominique Eeman

Director

Active

Ended mandates

Dominique Eeman

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring27/07/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/09/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Other24/10/2008
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 2025178,8 k €↑
2024
Annual accounts 202469,1 k €↑
2023
Annual accounts 202320,8 k €↓
2022
Annual accounts 202271,8 k €↑
2021
Annual accounts 202138,5 k €↑
2020
Annual accounts 202013,3 k €↑
2019
Annual accounts 2019289,9 €↓
2018
Annual accounts 201844,4 k €↓
2017
Annual accounts 201749 k €↑
2016
Annual accounts 201632,2 k €↑
2015
Annual accounts 201510,5 k €↓
2014
Annual accounts 201411,6 k €↑
2013
Annual accounts 201311,3 k €↓
2012
Annual accounts 201217,3 k €↑
2011
Annual accounts 20119,5 k €↓
2010
Annual accounts 201029,9 k €↓
2009
Annual accounts 200936,6 k €
14/10/2008
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

CISTUS

Overview

What does CISTUS do?

Trend over 17 financial years

Indicative valuation

Board of directors

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