ACTIVE

CDG DEVELOPMENT SA

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Financial year 2025 · closed on 31/12/2025

Net result

574 k €

+2.9% YoY

Gross margin

-40,3 k €

+37.8% YoY

Equity

3,3 M €

+14.6% YoY

What does CDG DEVELOPMENT SA do?

CDG DEVELOPMENT SA is a Public limited company incorporated in 2010. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.289.406

Incorporation

23/11/2010

Legal form

Public limited company

Registered office

Avenue Montjoie 167 box 9
1180 Uccle · BruxellesSee on map

Contributed capital

719 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-40,3 k €	+37.8%	-64,7 k €	-55.4%	-41,6 k €	-472%	11,2 k €	-91.7%	135,2 k €	+2089%	-6,8 k €	+74.0%	-26,1 k €	+69.1%	-84,4 k €	-720%	13,6 k €	+113%	-105,4 k €	-247%	-30,3 k €	+54.8%	-67,2 k €	-17501%	-381,7 €	+99.6%	-97,6 k €	+5.1%	-102,8 k €
EBITDA	-41,4 k €	+36.9%	-65,6 k €	-53.5%	-42,8 k €	-522%	10,1 k €	-92.5%	134,9 k €	+2004%	-7,1 k €	+73.2%	-26,4 k €	+68.8%	-84,7 k €	-739%	13,3 k €	+113%	-105,6 k €	-243%	-30,8 k €	+54.5%	-67,6 k €	-7930%	-842,2 €	+99.1%	-98 k €	+14.8%	-115,1 k €
Operating result	-41,4 k €	+36.9%	-65,6 k €	-53.5%	-42,8 k €	-522%	10,1 k €	-92.5%	134,9 k €	+2004%	-7,1 k €	+73.2%	-26,4 k €	+68.8%	-84,7 k €	-739%	13,3 k €	+113%	-105,6 k €	-243%	-30,8 k €	+54.5%	-67,6 k €	-7930%	-842,2 €	+99.1%	-98 k €	+14.8%	-115,1 k €
Net result	574 k €	+2.9%	558 k €	+510%	-136,1 k €	-116%	872,1 k €	+193%	297,2 k €	+678%	-51,4 k €	+5.2%	-54,2 k €	-180%	67,9 k €	-81.2%	360,6 k €	+239%	-259,4 k €	-289%	137,3 k €	-21.2%	174,4 k €	-18.0%	212,6 k €	+235%	-158 k €	-173%	216,5 k €
Balance sheet
Equity	3,3 M €	+14.6%	2,8 M €	+24.5%	2,3 M €	-5.6%	2,4 M €	+56.4%	1,5 M €	+12.2%	1,4 M €	-3.6%	1,4 M €	-3.7%	1,5 M €	+4.8%	1,4 M €	+34.2%	1,1 M €	-19.7%	1,3 M €	+11.7%	1,2 M €	+188%	409 k €	-52.2%	856,4 k €	-15.6%	1 M €
Total assets	3,4 M €	+9.2%	3,1 M €	+8.1%	2,8 M €	-6.1%	3 M €	-1.9%	3,1 M €	+6.6%	2,9 M €	+39.1%	2,1 M €	-5.7%	2,2 M €	+2.3%	2,2 M €	-1.5%	2,2 M €	-6.7%	2,4 M €	+5.1%	2,2 M €	-15.1%	2,6 M €	+44.3%	1,8 M €	-5.1%	1,9 M €
Cash	55,8 k €	+510%	9,2 k €	+111%	4,3 k €	-96.4%	120,3 k €	-3.5%	124,7 k €	+464%	22,1 k €	+39.8%	15,8 k €	+24.9%	12,7 k €	+52.5%	8,3 k €	+137%	3,5 k €	-90.8%	38 k €	+10926%	344,8 €	-92.9%	4,9 k €	-84.4%	31 k €	+332%	7,2 k €
Debts	99,6 k €	-57.2%	232,5 k €	-58.7%	563 k €	-1.5%	571,6 k €	-63.0%	1,5 M €	+2.2%	1,5 M €	+131%	654,3 k €	-9.9%	726,1 k €	-1.0%	733,2 k €	-35.2%	1,1 M €	+10.3%	1 M €	-2.5%	1,1 M €	-52.7%	2,2 M €	+130%	967,2 k €	+6.7%	906,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

GESTFIM

Director · since 31 décembre 2014 · until 16 mars 2029 · 0440.822.240

Represented by Emmanuel Rolin Jacquemyns

Active

BELGAME

Director · since 17 mars 2011 · until 24 juillet 2025 · 0413.036.490

Represented by Claire Vercheval

Active

Ended mandates

BELGAME

Director · since 16 mars 2017 · until 16 mars 2023 · 0413.036.490

Represented by Claire Vercheval

Ended

GESTFIM

Managing director · since 16 mars 2017 · until 16 mars 2023 · 0440.822.240

Represented by Emmanuel Rolin Jacquemyns

Ended

CDG DEVELOPMENT SA

Managing director · since 31 décembre 2014 · until 21 mars 2017 · 0831.289.406

Represented by EMMANUEL ROLIN JACQUEMYNS

Ended

GESTFIM

Managing director · since 31 décembre 2014 · until 21 mars 2017 · 0440.822.240

Represented by Emmanuel ROLIN JACQUEMYNS

Ended

At this address

Other companies at this address

Company	CBE no.
GACORPORATION● Active	0646.825.296
GESTFIM● Active	0440.822.240
Participations Financières et Immobilières● Active	0425.703.801

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	30/04/2026	01/04/2025	29/04/2024	28/04/2023	20/07/2022	26/08/2021
General meeting	19/03/2026	20/03/2025	21/03/2024	16/03/2023	17/03/2022	18/03/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/03/2026	30/04/2026	French	PDF
Abridged model	31/12/2024	20/03/2025	01/04/2025	French	PDF
Abridged model	31/12/2023	21/03/2024	29/04/2024	French	PDF
Abridged model	31/12/2022	16/03/2023	28/04/2023	French	PDF
Abridged model	31/12/2021	17/03/2022	20/07/2022	French	PDF
Abridged model	31/12/2020	18/03/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	19/03/2020	21/04/2020	French	PDF
Abridged modelCorrection	31/12/2018	29/03/2019	26/09/2019	French	PDF
Abridged model	31/12/2018	29/03/2019	21/06/2019	French	PDF
Abridged model	31/12/2017	15/03/2018	30/04/2018	French	PDF
Abridged model	31/12/2016	16/03/2017	23/05/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	03/06/2016	French	PDF
Abridged model	31/12/2014	19/03/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	20/03/2014	13/05/2014	French	PDF
Abridged model	31/12/2012	21/03/2013	31/05/2013	French	PDF
Abridged model	31/12/2011	15/03/2012	14/09/2012	French	PDF
Abridged model	31/12/2010	17/03/2011	29/07/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 18 ended

Active mandates

GESTFIM

Director · since 31 décembre 2014 · until 16 mars 2029 · 0440.822.240

Represented by Emmanuel Rolin Jacquemyns

Active

BELGAME

Director · since 17 mars 2011 · until 24 juillet 2025 · 0413.036.490

Represented by Claire Vercheval

Active

Ended mandates

BELGAME

Director · since 16 mars 2017 · until 16 mars 2023 · 0413.036.490

Represented by Claire Vercheval

Ended

GESTFIM

Managing director · since 16 mars 2017 · until 16 mars 2023 · 0440.822.240

Represented by Emmanuel Rolin Jacquemyns

Ended

CDG DEVELOPMENT SA

Managing director · since 31 décembre 2014 · until 21 mars 2017 · 0831.289.406

Represented by EMMANUEL ROLIN JACQUEMYNS

Ended

GESTFIM

Managing director · since 31 décembre 2014 · until 21 mars 2017 · 0440.822.240

Represented by Emmanuel ROLIN JACQUEMYNS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates20/04/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/05/2013
DEMISSIONS, NOMINATIONS
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 2025574 k €↑
2024
Annual accounts 2024558 k €↑
2023
Annual accounts 2023-136,1 k €↓
2023
Name changeCDG DEVELOPMENT
2022
Annual accounts 2022872,1 k €↑
2021
Annual accounts 2021297,2 k €↑
2021
Name changeC.D.G DEVELOPMENT
2020
Annual accounts 2020-51,4 k €↑
2019
Annual accounts 2019-54,2 k €↓
2018
Annual accounts 201867,9 k €↓
2017
Annual accounts 2017360,6 k €↑
2016
Annual accounts 2016-259,4 k €↓
2015
Annual accounts 2015137,3 k €↓
2014
Annual accounts 2014174,4 k €↓
2013
Annual accounts 2013212,6 k €↑
2012
Annual accounts 2012-158 k €↓
2011
Annual accounts 2011216,5 k €
23/11/2010
IncorporationPublic 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

CDG DEVELOPMENT SA

Overview

What does CDG DEVELOPMENT SA do?

Trend over 15 financial years

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