ACTIVE

CENAH

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Financial year 2025 · closed on 30/09/2025

Net result

21,9 k €

+95.9% YoY

Gross margin

182,8 k €

-1.8% YoY

Equity

15,4 k €

+27.9% YoY

What does CENAH do?

CENAH is a Private company with limited liability incorporated in 2012. Its main activity is: Retail sale of books in specialised stores. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0849.748.110

Incorporation

19/10/2012

Legal form

Private company with limited liability

Registered office

Teerlingstraat(MD) 21
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Activities (NACE)

47610Retail sale of books in specialised stores· main 47610Retail sale of books in specialised stores 47120Retail sale in non-specialised stores 47910Retail sale via mail order houses or via Internet

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	182,8 k €	-1.8%	186 k €	-8.0%	202,2 k €	+34.6%	150,2 k €	+61.4%	93 k €	-9.0%	102,3 k €	+6.1%	96,4 k €	+15.0%	83,8 k €	-19.5%	104,2 k €	+4.1%	100,1 k €	-1.8%	101,9 k €	+7.0%	95,2 k €	+40.7%	67,7 k €
EBITDA	35,3 k €	+45.6%	24,3 k €	-42.9%	42,4 k €	+11.1%	38,2 k €	+154%	15,1 k €	-67.9%	46,9 k €	+20.9%	38,8 k €	+109%	18,6 k €	-58.2%	44,4 k €	+16.3%	38,2 k €	-28.0%	53 k €	+20.8%	43,9 k €	+19.1%	36,8 k €
Operating result	25,8 k €	+85.8%	13,9 k €	-48.9%	27,1 k €	+26.3%	21,5 k €	+1634%	-1,4 k €	-105%	29,4 k €	+39.9%	21 k €	+460%	3,8 k €	-88.2%	31,9 k €	+26.5%	25,2 k €	-36.8%	39,9 k €	+30.1%	30,7 k €	+32.5%	23,2 k €
Net result	21,9 k €	+95.9%	11,2 k €	-53.1%	23,8 k €	+13.9%	20,9 k €	+712%	-3,4 k €	-113%	26 k €	+45.1%	17,9 k €	+912%	1,8 k €	-93.7%	28,1 k €	+32.8%	21,1 k €	-39.7%	35,1 k €	+28.6%	27,3 k €	+34.1%	20,3 k €
Balance sheet
Equity	15,4 k €	+27.9%	12 k €	-38.4%	19,5 k €	+32.2%	14,8 k €	+12.8%	13,1 k €	-59.4%	32,3 k €	+75.9%	18,3 k €	+32.9%	13,8 k €	-40.2%	23,1 k €	+15.4%	20 k €	-16.2%	23,9 k €	+72.8%	13,8 k €	+83.1%	7,5 k €
Total assets	102,7 k €	+25.4%	81,9 k €	-14.8%	96,2 k €	+9.4%	87,9 k €	+16.1%	75,7 k €	-32.4%	112,1 k €	+2.5%	109,4 k €	+5.8%	103,4 k €	+39.8%	74 k €	+1.8%	72,6 k €	-8.8%	79,6 k €	+4.7%	76 k €	-10.1%	84,6 k €
Cash	22,3 k €	-11.5%	25,2 k €	-29.8%	35,8 k €	+114%	16,8 k €	-14.0%	19,5 k €	-61.1%	50,1 k €	+44.6%	34,7 k €	+0.1%	34,6 k €	-47.4%	65,8 k €	+20.5%	54,6 k €	+20.3%	45,4 k €	+60.7%	28,2 k €	+150%	11,3 k €
Debts	87,3 k €	+25.0%	69,9 k €	-8.8%	76,6 k €	+4.9%	73,1 k €	+16.7%	62,6 k €	-21.6%	79,9 k €	-12.3%	91 k €	+1.6%	89,6 k €	+76.0%	50,9 k €	-3.3%	52,6 k €	-5.6%	55,8 k €	-10.4%	62,2 k €	-19.2%	77 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,2 ETP	0.0%	2,2 ETP	-15.4%	2,6 ETP	+13.0%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Hans De Regter

Director

Active

Nathasia De Cort

Director

Active

Ended mandates

Hans De Regter

Manager

Ended

Nathasia De Cort

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	25/04/2025	30/04/2024	31/03/2023	25/02/2022	28/04/2021
General meeting	10/03/2026	06/03/2025	06/03/2024	05/01/2023	05/01/2022	26/02/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	10/03/2026	28/04/2026	Dutch	PDF
Micro model	30/09/2024	06/03/2025	25/04/2025	Dutch	PDF
Micro model	30/09/2023	06/03/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	05/01/2023	31/03/2023	Dutch	PDF
Micro model	30/09/2021	05/01/2022	25/02/2022	Dutch	PDF
Micro model	30/09/2020	26/02/2021	28/04/2021	Dutch	PDF
Micro model	30/09/2019	20/01/2020	17/07/2020	Dutch	PDF
Micro model	30/09/2018	16/01/2019	28/02/2019	Dutch	PDF
Micro model	30/09/2017	05/01/2018	17/01/2018	Dutch	PDF
Abridged model	30/09/2016	06/01/2017	07/02/2017	Dutch	PDF
Abridged model	30/09/2015	11/01/2016	25/01/2016	Dutch	PDF
Abridged model	30/09/2014	12/01/2015	17/01/2015	Dutch	PDF
Abridged model	30/09/2013	13/01/2014	03/02/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 2 active · 2 ended

Active mandates

Hans De Regter

Director

Active

Nathasia De Cort

Director

Active

Ended mandates

Hans De Regter

Manager

Ended

Nathasia De Cort

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office04/04/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/01/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other30/10/2012
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 202521,9 k €↑
2024
Annual accounts 202411,2 k €↓
2023
Annual accounts 202323,8 k €↑
2022
Annual accounts 202220,9 k €↑
2021
Annual accounts 2021-3,4 k €↓
2020
Annual accounts 202026 k €↑
2019
Annual accounts 201917,9 k €↑
2018
Annual accounts 20181,8 k €↓
2017
Annual accounts 201728,1 k €↑
2016
Annual accounts 201621,1 k €↓
2015
Annual accounts 201535,1 k €↑
2014
Annual accounts 201427,3 k €↑
2013
Annual accounts 201320,3 k €
19/10/2012
IncorporationPrivate company with limited liability

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

CENAH

Overview

What does CENAH do?

Trend over 13 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