ACTIVE

CESAN

Financial year 2025 · closed on 31/12/2025
Net result
21,2 k €
-28.4% YoY
Gross margin
32,9 k €
+18.5% YoY
Equity
332,5 k €
+2.5% YoY

What does CESAN do?

CESAN is a Private limited company incorporated in 2003. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.710.703
Incorporation
22/07/2003
Legal form
Private limited company
Registered office
Julius De Geyterstraat 268
2610 Antwerpen · FlandreSee on map
Contributed capital
180 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin32,9 k €27,7 k €18,1 k €12,6 k €15,8 k €11,7 k €-2,3 k €29,2 k €34,2 k €39,5 k €38,1 k €38,8 k €
EBITDA29 k €24 k €14,2 k €9,8 k €12,6 k €8,7 k €-6,6 k €16,1 k €3,6 k €26,3 k €29 k €22,1 k €
Operating result29 k €24 k €14,2 k €9,8 k €12,6 k €8,7 k €-6,6 k €16,1 k €3,6 k €26,3 k €29 k €22,1 k €
Net result21,2 k €29,6 k €11,2 k €7,9 k €9,4 k €8,6 k €-6,7 k €16,1 k €3,6 k €26,3 k €29 k €22,1 k €
Balance sheet
Equity332,5 k €324,3 k €294,7 k €283,5 k €275,6 k €266,2 k €257,6 k €264,3 k €248,2 k €244,6 k €218,3 k €189,3 k €
Total assets437,2 k €432,6 k €424,6 k €420,1 k €416,4 k €426,9 k €423,7 k €405,5 k €405,6 k €410,3 k €407,9 k €403,8 k €
Cash23,3 k €11,6 k €10,8 k €6,6 k €2,6 k €13,3 k €10,1 k €5,5 k €5,6 k €10,3 k €7,9 k €3,8 k €
Debts103,1 k €106,8 k €129,2 k €135,9 k €140,8 k €160,7 k €166,1 k €141,2 k €157,4 k €165,7 k €189,6 k €214,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jan Delang

Director · since 21 octobre 2020

Active

Ended mandates

Cäzilia Strebel

Manager · since 07 avril 2010

Ended
Cäzilia Strebel

Director · until 21 octobre 2020

Ended
Cäzilia Strebel

Director

Ended
Jan Delang

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date23/06/202623/07/202503/07/202429/06/202325/08/202223/07/2021
General meeting12/06/202627/06/202514/06/202415/06/202318/08/202217/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202623/06/2026DutchPDF
Micro model31/12/202427/06/202523/07/2025DutchPDF
Micro model31/12/202314/06/202403/07/2024DutchPDF
Micro model31/12/202215/06/202329/06/2023DutchPDF
Micro model31/12/202118/08/202225/08/2022DutchPDF
Micro model31/12/202017/06/202123/07/2021DutchPDF
Micro model31/12/201918/06/202002/07/2020DutchPDF
Micro model31/12/201820/06/201921/06/2019DutchPDF
Micro model31/12/201721/06/201827/06/2018DutchPDF
Micro model31/12/201615/06/201719/07/2017DutchPDF
Abridged model31/12/201516/06/201601/07/2016DutchPDF
Abridged model31/12/201418/06/201519/07/2015DutchPDF
Abridged model31/12/201319/06/201424/07/2014DutchPDF
Abridged model31/12/201220/06/201330/07/2013DutchPDF
Abridged model31/12/201121/06/201230/07/2012DutchPDF
Abridged model31/12/201016/06/201125/07/2011DutchPDF
Abridged model31/12/200917/06/201023/07/2010DutchPDF
Abridged model31/12/200818/06/200931/08/2009DutchPDF
Abridged model31/12/200719/06/200829/07/2008DutchPDF
Abridged model31/12/200621/06/200715/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 4 ended

Active mandates

Jan Delang

Director · since 21 octobre 2020

Active

Ended mandates

Cäzilia Strebel

Manager · since 07 avril 2010

Ended
Cäzilia Strebel

Director · until 21 octobre 2020

Ended
Cäzilia Strebel

Director

Ended
Jan Delang

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/04/2007
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/07/2003
    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 202521,2 k €
  2. 2024
    Annual accounts 202429,6 k €
  3. 2023
    Annual accounts 202311,2 k €
  4. 2022
    Annual accounts 20227,9 k €
  5. 2021
    Annual accounts 20219,4 k €
  6. 2020
    Annual accounts 20208,6 k €
  7. 2019
    Annual accounts 2019-6,7 k €
  8. 2018
    Annual accounts 201816,1 k €
  9. 2017
    Annual accounts 20173,6 k €
  10. 2016
    Annual accounts 201626,3 k €
  11. 2015
    Annual accounts 201529 k €
  12. 2014
    Annual accounts 201422,1 k €
  13. 22/07/2003
    IncorporationPrivate limited company