ACTIVE

Cerives

Financial year 2025 · closed on 31/12/2025
Net result
642 k €
-18.3% YoY
Gross margin
1,2 M €
-20.8% YoY
Equity
4,9 M €
+15.0% YoY

What does Cerives do?

Cerives is a Public limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Wommelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0837.275.393
Incorporation
23/06/2011
Legal form
Public limited company
Registered office
Koralenhoeve 35
2160 Wommelgem · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152012
Income statement
Gross margin1,2 M €1,5 M €1,4 M €1,4 M €639,1 k €672,5 k €-7,6 k €-15,7 k €-19,2 k €496,8 k €-30,5 k €-1,8 k €
EBITDA1,2 M €1,5 M €1,4 M €1,4 M €638 k €671,3 k €-8,7 k €-16,8 k €-20,3 k €496,2 k €-31,1 k €-7,2 k €
Operating result1,2 M €1,5 M €1,4 M €1,4 M €638 k €671,3 k €-8,7 k €-16,8 k €-20,3 k €496,2 k €-31,1 k €-7,2 k €
Net result642 k €785,7 k €607 k €966,1 k €348,7 k €400,2 k €-641,9 k €1,7 M €-123,9 k €365,6 k €-139,8 k €-425,6 k €
Balance sheet
Equity4,9 M €4,3 M €3,5 M €2,9 M €1,9 M €1,6 M €1,2 M €1,8 M €132,2 k €256,2 k €-109,4 k €-415,6 k €
Total assets14,1 M €14,9 M €18,9 M €18,3 M €12,8 M €12,8 M €4,1 M €3,7 M €8,1 M €5,8 M €3,7 M €6,4 M €
Cash744,3 k €14,2 k €6,3 k €14,4 k €9,8 k €218,5 k €38,3 k €10 k €22,4 k €24,6 k €8,6 k €10,8 k €
Debts9,2 M €10,6 M €15,4 M €15,4 M €10,8 M €11,3 M €2,9 M €989,7 k €7,7 M €5,5 M €3,8 M €6,5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Carl, M.F. Liekens

Managing director · since 26 juin 2020 · until 26 juin 2026

Active
Erwin, A.M. Van Osta

Managing director · since 26 juin 2020 · until 26 juin 2026

Active

Ended mandates

Erwin A.M. VAN OSTA

Managing director · since 26 juin 2020 · until 26 juin 2026

Ended
Carl, M.F. Liekens

Managing director · since 20 juin 2020 · until 20 juin 2026

Ended
Carl M.F. LIEKENS

Managing director · since 29 janvier 2015 · until 26 juin 2020

Ended
Erwin A.M. VAN OSTA

Managing director · since 29 janvier 2015 · until 26 juin 2020

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202608/07/202510/07/202406/07/202327/07/202211/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202613/07/2026DutchPDF
Abridged model31/12/202427/06/202508/07/2025DutchPDF
Abridged model31/12/202328/06/202410/07/2024DutchPDF
Abridged model31/12/202230/06/202306/07/2023DutchPDF
Abridged model31/12/202124/06/202227/07/2022DutchPDF
Abridged model31/12/202025/06/202111/08/2021DutchPDF
Abridged model31/12/201926/06/202005/09/2020DutchPDF
Abridged model31/12/201828/06/201928/08/2019DutchPDF
Abridged model31/12/201729/06/201829/08/2018DutchPDF
Abridged model31/12/201630/06/201725/08/2017DutchPDF
Abridged model31/12/201524/06/201612/08/2016DutchPDF
Abridged model31/12/201228/06/201323/07/2013DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Carl, M.F. Liekens

Managing director · since 26 juin 2020 · until 26 juin 2026

Active
Erwin, A.M. Van Osta

Managing director · since 26 juin 2020 · until 26 juin 2026

Active

Ended mandates

Erwin A.M. VAN OSTA

Managing director · since 26 juin 2020 · until 26 juin 2026

Ended
Carl, M.F. Liekens

Managing director · since 20 juin 2020 · until 20 juin 2026

Ended
Carl M.F. LIEKENS

Managing director · since 29 janvier 2015 · until 26 juin 2020

Ended
Erwin A.M. VAN OSTA

Managing director · since 29 janvier 2015 · until 26 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates19/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/03/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates17/02/2015
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office13/02/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/07/2011
    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

Timeline

  1. 2025
    Annual accounts 2025642 k €
  2. 2024
    Annual accounts 2024785,7 k €
  3. 2023
    Annual accounts 2023607 k €
  4. 2022
    Annual accounts 2022966,1 k €
  5. 2021
    Annual accounts 2021348,7 k €
  6. 2021
    Name changeCERIVES NV
  7. 2020
    Annual accounts 2020400,2 k €
  8. 2019
    Annual accounts 2019-641,9 k €
  9. 2018
    Annual accounts 20181,7 M €
  10. 2017
    Annual accounts 2017-123,9 k €
  11. 2016
    Annual accounts 2016365,6 k €
  12. 2015
    Annual accounts 2015-139,8 k €
  13. 2012
    Annual accounts 2012-425,6 k €
  14. 2012
    Name changePARAISO
  15. 23/06/2011
    IncorporationPublic limited company