ACTIVE

CEDREBEL

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Financial year 2025 · closed on 31/12/2025

Net result

-24,2 k €

+83.8% YoY

Gross margin

-8,1 k €

+71.1% YoY

Equity

845,6 k €

-2.8% YoY

What does CEDREBEL do?

CEDREBEL is a Public limited company incorporated in 2005. Its registered office is in Mons.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.055.536

Incorporation

22/02/2005

Legal form

Public limited company

Registered office

Boulevard Initialis 28
7000 Mons · WallonieSee on map

Contributed capital

582 250,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-8,1 k €	+71.1%	-27,9 k €	-117%	-12,8 k €	-339%	5,4 k €	-81.7%	29,3 k €	-38.8%	47,9 k €	-4.9%	50,4 k €	-29.6%	71,6 k €	+889%	-9,1 k €	-592%	1,8 k €	-78.5%	8,6 k €	+739%	1 k €	+105%	-21,1 k €	-258%	13,3 k €	-44.4%	24 k €	+17.8%	20,4 k €	+420%	-6,4 k €	-98.4%	-3,2 k €	-331%	1,4 k €	+21.1%	1,1 k €
EBITDA	-10,4 k €	+79.4%	-50,4 k €	+19.1%	-62,4 k €	-115%	-29,1 k €	-65.6%	-17,6 k €	-1492%	-1,1 k €	-108%	14,2 k €	-38.3%	23 k €	+149%	-47,1 k €	-1317%	-3,3 k €	-178%	4,3 k €	+364%	-1,6 k €	+94.5%	-29,6 k €	-140%	-12,3 k €	-351%	4,9 k €	+344%	1,1 k €	+110%	-11,2 k €	-166%	-4,2 k €	-882%	539,8 €	-32.7%	802,4 €
Operating result	-28,2 k €	+58.7%	-68,3 k €	+18.4%	-83,7 k €	-76.9%	-47,3 k €	-159%	-18,3 k €	-994%	-1,7 k €	-112%	13,6 k €	-39.3%	22,5 k €	+146%	-48,9 k €	-857%	-5,1 k €	-304%	2,5 k €	+215%	-2,2 k €	+92.8%	-30,5 k €	-131%	-13,2 k €	-432%	4 k €	+605%	564,8 €	+105%	-11,7 k €	-168%	-4,4 k €	-1590%	293,6 €	-63.4%	802,4 €
Net result	-24,2 k €	+83.8%	-149,6 k €	-142%	355,9 k €	+476%	61,8 k €	+2231%	-2,9 k €	-48.0%	-2 k €	-111%	18,4 k €	-29.7%	26,2 k €	+160%	-43,4 k €	-1788%	2,6 k €	-3.6%	2,7 k €	+252%	-1,8 k €	+94.0%	-29,5 k €	-463%	8,1 k €	-86.8%	61,4 k €	-22.4%	79,2 k €	+76.8%	44,8 k €	-0.6%	45 k €	-29.4%	63,8 k €	+11960%	529,3 €
Balance sheet
Equity	845,6 k €	-2.8%	869,8 k €	-14.8%	1 M €	-12.4%	1,2 M €	+5.6%	1,1 M €	-0.3%	1,1 M €	+0.0%	1,1 M €	+1.7%	1,1 M €	+2.5%	1,1 M €	-3.9%	1,1 M €	+0.2%	1,1 M €	+0.2%	1,1 M €	-0.2%	1,1 M €	-2.6%	1,1 M €	+0.7%	1,1 M €	-0.0%	1,1 M €	+1.6%	1,1 M €	-1.5%	1,1 M €	-2.2%	1,1 M €	+5.9%	1,1 M €
Total assets	872,6 k €	-4.3%	911,6 k €	-43.0%	1,6 M €	+23.3%	1,3 M €	+9.7%	1,2 M €	-0.6%	1,2 M €	+5.2%	1,1 M €	-1.4%	1,1 M €	+6.0%	1,1 M €	-3.3%	1,1 M €	-1.8%	1,1 M €	-0.4%	1,1 M €	+2.8%	1,1 M €	-3.2%	1,2 M €	-4.6%	1,2 M €	+0.1%	1,2 M €	-12.7%	1,4 M €	+18.2%	1,2 M €	+1.3%	1,2 M €	+6.2%	1,1 M €
Cash	56 k €	-88.0%	465,9 k €	-11.6%	526,9 k €	+178%	189,5 k €	+194%	64,6 k €	-7.0%	69,4 k €	+1.7%	68,2 k €	-36.7%	107,7 k €	+1459%	6,9 k €	-86.6%	51,5 k €	-17.3%	62,3 k €	-29.6%	88,6 k €	+8.2%	81,9 k €	-32.3%	121 k €	+31.3%	92,1 k €	+7.2%	85,9 k €	-17.4%	104,1 k €	+112%	49,2 k €	+5314%	908,4 €	-59.8%	2,3 k €
Debts	27 k €	-35.4%	41,9 k €	-92.4%	552,3 k €	+316%	132,9 k €	+93.1%	68,8 k €	+34.3%	51,2 k €	+97.2%	26 k €	-18.7%	32 k €	+51.2%	21,1 k €	+44.4%	14,6 k €	-61.0%	37,6 k €	-17.0%	45,3 k €	+269%	12,3 k €	-38.8%	20 k €	-76.0%	83,5 k €	+1.1%	82,5 k €	-70.0%	274,8 k €	+1470%	17,5 k €	+302%	4,4 k €	+259%	1,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,2 ETP	+500%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	+100%	0,1 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 60 ended

Active mandates

EURO-MULTITEL

Director · since 15 janvier 2024 · until 15 janvier 2030 · 0564.943.143

Represented by Patrick VAN HELLEPUTTE

Active

Jean-Marie BURNOTTE

Director · since 15 janvier 2024 · until 15 janvier 2030

Active

Jérôme HANOTEAU

Managing director · since 15 janvier 2024 · until 15 janvier 2030

Active

Nicolas POINT

Director · since 15 janvier 2024 · until 15 janvier 2030

Active

UNIVERSITE DE MONS

Chairman of the board of directors · since 15 janvier 2024 · until 15 janvier 2030 · 0259.396.509

Represented by Bernard GOSSELIN

Active

Ended mandates

SPEECH VENTURES

Director · since 26 juin 2020 · until 08 mai 2025 · 0474.811.238

Represented by STEPHANE DUPONT

Ended

UNIVERSITE DE MONS

Chairman of the board of directors · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

UNIVERSITE DE MONS

Chairman of the board of directors · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

UNIVERSITE DE MONS

Director · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

At this address

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Tech4Rail● Active	0828.479.077

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	01/01/2025	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	29/06/2026	20/06/2025	03/10/2024	30/06/2023	30/06/2022	07/07/2021
General meeting	26/06/2026	19/06/2025	24/06/2024	14/06/2023	12/05/2022	13/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	29/06/2026	French	PDF
Micro model	31/12/2024	19/06/2025	20/06/2025	French	PDF
Micro modelCorrection	31/12/2023	24/06/2024	03/10/2024	French	PDF
Micro model	31/12/2023	24/06/2024	09/07/2024	French	PDF
Micro model	31/12/2022	14/06/2023	30/06/2023	French	PDF
Micro model	31/12/2021	12/05/2022	30/06/2022	French	PDF
Micro model	31/12/2020	13/05/2021	07/07/2021	French	PDF
Micro model	31/12/2019	26/06/2020	24/07/2020	French	PDF
Micro model	31/12/2018	07/06/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	05/06/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	29/06/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	02/07/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	16/07/2014	French	PDF
Abridged model	31/12/2012	26/06/2013	01/08/2013	French	PDF
Abridged model	31/12/2011	24/05/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	24/06/2011	French	PDF
Abridged model	31/12/2009	20/05/2010	12/08/2010	French	PDF
Abridged model	31/12/2008	14/05/2009	08/06/2009	French	PDF
Abridged model	31/12/2007	08/05/2008	02/07/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	20/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 60 ended

Active mandates

EURO-MULTITEL

Director · since 15 janvier 2024 · until 15 janvier 2030 · 0564.943.143

Represented by Patrick VAN HELLEPUTTE

Active

Jean-Marie BURNOTTE

Director · since 15 janvier 2024 · until 15 janvier 2030

Active

Jérôme HANOTEAU

Managing director · since 15 janvier 2024 · until 15 janvier 2030

Active

Nicolas POINT

Director · since 15 janvier 2024 · until 15 janvier 2030

Active

UNIVERSITE DE MONS

Chairman of the board of directors · since 15 janvier 2024 · until 15 janvier 2030 · 0259.396.509

Represented by Bernard GOSSELIN

Active

Ended mandates

SPEECH VENTURES

Director · since 26 juin 2020 · until 08 mai 2025 · 0474.811.238

Represented by STEPHANE DUPONT

Ended

UNIVERSITE DE MONS

Chairman of the board of directors · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

UNIVERSITE DE MONS

Chairman of the board of directors · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

UNIVERSITE DE MONS

Director · since 26 juin 2020 · until 08 mai 2025 · 0259.396.509

Represented by Bernard GOSSELIN

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates24/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2016
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 2025-24,2 k €↑
2024
Annual accounts 2024-149,6 k €↓
2023
Annual accounts 2023355,9 k €↑
2022
Annual accounts 202261,8 k €↑
2021
Annual accounts 2021-2,9 k €↓
2020
Annual accounts 2020-2 k €↓
2019
Annual accounts 201918,4 k €↓
2018
Annual accounts 201826,2 k €↑
2017
Annual accounts 2017-43,4 k €↓
2016
Annual accounts 20162,6 k €↓
2015
Annual accounts 20152,7 k €↑
2014
Annual accounts 2014-1,8 k €↑
2013
Annual accounts 2013-29,5 k €↓
2012
Annual accounts 20128,1 k €↓
2011
Annual accounts 201161,4 k €↓
2010
Annual accounts 201079,2 k €↑
2009
Annual accounts 200944,8 k €↓
2008
Annual accounts 200845 k €↓
2007
Annual accounts 200763,8 k €↑
2006
Annual accounts 2006529,3 €
22/02/2005
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

CEDREBEL

Overview

What does CEDREBEL do?

Trend over 20 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