ACTIVE

CINPANIN

Financial year 2025 · Closed on 31/12/2025

Net result12,3 k €-65,4 %over 1 year

Gross margin156,3 k €-5,0 %over 1 year

Equity269,2 k €+4,8 %over 1 year

Identity

Source · BCE/KBO

CINPANIN is a Private limited company incorporated in 2003. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Balen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0860.012.886
Incorporation: 08/08/2003
Legal form: Private limited company
Registered office: Kromstraat 57
2491 Balen · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

55302Camping grounds, recreational vehicle parks and trailer parks· main 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	156,3 k €	-5.0%	164,6 k €	+25.8%	130,8 k €	+18.6%	110,3 k €	-5.5%	116,7 k €
EBITDA	50,8 k €	-37.4%	81,1 k €	+64.0%	49,4 k €	+25.1%	39,5 k €	-39.2%	65 k €
Operating result	22,4 k €	-57.7%	53 k €	+148%	21,4 k €	+97.7%	10,8 k €	-69.9%	36 k €
Net result	12,3 k €	-65.4%	35,4 k €	+201%	11,8 k €	+203%	3,9 k €	-80.9%	20,3 k €
Balance sheet
Equity	269,2 k €	+4.8%	257 k €	+10.3%	233 k €	+5.3%	221,2 k €	+1.8%	217,3 k €
Total assets	624,3 k €	-6.1%	665,2 k €	+0.3%	663,2 k €	-5.1%	698,5 k €	-2.4%	715,4 k €
Cash	34,5 k €	-34.3%	52,6 k €	+123%	23,6 k €	-31.0%	34,2 k €	-6.0%	36,4 k €
Debts	347,4 k €	-14.0%	403,8 k €	-6.0%	429,8 k €	-10.0%	477,3 k €	-4.0%	497,2 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Cindy Verbist	DirectorAdministrator - manager2023 accountsendedManager2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Maria Kengen	Manager24/09/2014 → 2014 accounts

Full financial information

Source · NBB

	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	01/01/2025	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	11/05/2026	26/06/2025	12/09/2024	29/08/2023	12/08/2022	30/08/2021
General meeting	05/05/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	22/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/05/2026	11/05/2026	Dutch	PDF
Micro model	31/12/2024	24/06/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	12/09/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	29/08/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	12/08/2022	Dutch	PDF
Micro model	31/12/2020	22/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	23/06/2020	25/09/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	26/06/2018	08/08/2018	Dutch	PDF
Micro model	31/12/2016	27/06/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	23/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/06/2011	21/08/2011	Dutch	PDF
Abridged model	31/12/2009	22/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	23/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	25/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Cindy Verbist	DirectorAdministrator - manager2023 accountsendedManager2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Maria Kengen	Manager24/09/2014 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/07/2016
Ontslag zaakvoerder |
PDF
Mandates07/10/2014
Benoeming zaakvoerder
PDF
Registered office29/03/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other18/08/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Cindy Verbist

Maria Kengen

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CINPANIN

Kromstraat 57, 2491 Olmen

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kromstraat 57, 2491 OlmenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00108633

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CINPANINCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00108633

Events

2025
Annual accounts 202512,3 k €↓
2024
Annual accounts 202435,4 k €↑
2023
Annual accounts 202311,8 k €↑
2022
Annual accounts 20223,9 k €↓
2021
Annual accounts 202120,3 k €↓
2020
Annual accounts 202028 k €↑
2019
Annual accounts 201926,9 k €↑
2018
Annual accounts 201817,1 k €↓
2017
Annual accounts 201717,1 k €↑
2016
Annual accounts 201611,5 k €↓
2015
Annual accounts 201514,4 k €↓
2014
Annual accounts 201420,2 k €↑
2013
Annual accounts 2013-2,9 k €↓
2012
Annual accounts 201212 k €↑
2011
Annual accounts 2011-2,2 k €↓
2010
Annual accounts 20105,5 k €↓
2009
Annual accounts 20096,4 k €↑
2008
Annual accounts 20082,2 k €↓
2007
Annual accounts 200716,9 k €↑
2006
Annual accounts 2006231,1 €
08/08/2003
IncorporationPrivate limited company

CINPANIN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events