ACTIVE

51N4E Cast

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Financial year 2025 · Closed on 31/12/2025

Net result864,4 k €-18,4 %over 1 year

Gross margin3,3 M €+10,3 %over 1 year

Equity4,2 M €+9,4 %over 1 year

Workforce3,4 ETP+3,0 %over 1 year

Identity

Source · BCE/KBO

51N4E Cast is a Private limited company incorporated in 2005. Its main activity is: Architectural activities. Its registered office is in Schaerbeek. It employs on average 3,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0872.742.949
Incorporation: 24/03/2005
Legal form: Private limited company
Registered office: Rue du Progrès 76
1030 Schaerbeek · BruxellesSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 3,4 ETP

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,3 M €	+10.3%	3 M €	+20.3%	2,5 M €	+13.8%	2,2 M €	+31.9%	1,7 M €
EBITDA	1,2 M €	-20.4%	1,5 M €	-4.6%	1,5 M €	+2.4%	1,5 M €	+53.8%	982,2 k €
Operating result	1,1 M €	-20.9%	1,4 M €	-4.7%	1,5 M €	+2.4%	1,5 M €	+57.3%	939,4 k €
Net result	864,4 k €	-18.4%	1,1 M €	-14.0%	1,2 M €	+14.8%	1,1 M €	+51.8%	706,6 k €
Balance sheet
Equity	4,2 M €	+9.4%	3,9 M €	+15.3%	3,4 M €	-5.7%	3,6 M €	+43.2%	2,5 M €
Total assets	7,1 M €	+17.6%	6,1 M €	-17.0%	7,3 M €	+10.1%	6,6 M €	+29.7%	5,1 M €
Cash	2 M €	+17.0%	1,7 M €	-34.2%	2,5 M €	+4.9%	2,4 M €	+440%	447,5 k €
Debts	2,9 M €	+33.3%	2,2 M €	-45.0%	3,9 M €	+30.0%	3 M €	+16.8%	2,6 M €
Other
Workforce	3,4 ETP	+3.0%	3,3 ETP	+43.5%	2,3 ETP	-4.2%	2,4 ETP	+4.3%	2,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aglaia De Mulder	Directorsince 13/12/2023
Aline Neirynck	Administrator - managersince 13/12/2023Director13/12/2023 → 2024 accountsended
Olivier Cavens	Directorsince 13/12/2023
Freek Persyn	Directorsince 10/03/2005Manager10/03/2005 → 2008 accountsended
Johan Anrys	Directorsince 10/03/2005Manager10/03/2005 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Swinnen	Manager10/03/2005 → 2008 accounts
Freek Perrsyn	Manager2017 accounts

Other companies at this address

Rue du Progrès 76 1030 Schaerbeek

Company	CBE no.
51N4E Acte● Active	0728.954.010
51N4E –ATAMA– V+● Active	1011.168.679
51N4E - HOLDING● Active	0728.461.783
AM 51N4E - Lacaton Vassal● Active	0685.764.363
CTRNOORDEN● Active	1016.438.650
Debateville● Active	0744.538.148
Kievit 51N4E - eld● Active	1017.525.743
LabNorth● Active	0778.742.526
Maison No(o)rd● Active	0769.570.977
PARK ZUID● Active	0775.400.677
Pharmacie des Croisades● Active	0426.479.108
Rail Food Belgium● Active	1000.866.388
SEGLYNE● Bankrupt	0688.941.015
TV 51N4E - ISTEMA - BAS - IVW● Active	0731.791.160
UP 4 NORTH● Active	0665.894.310

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	28/08/2026	31/07/2025	30/07/2024	31/07/2023	27/09/2022	29/10/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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
Abridged model	31/12/2025	30/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	27/07/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	22/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	22/08/2012	Dutch	PDF
Abridged model	31/12/2010	07/04/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/04/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/04/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/04/2007	24/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aglaia De Mulder	Directorsince 13/12/2023
Aline Neirynck	Administrator - managersince 13/12/2023Director13/12/2023 → 2024 accountsended
Olivier Cavens	Directorsince 13/12/2023
Freek Persyn	Directorsince 10/03/2005Manager10/03/2005 → 2008 accountsended
Johan Anrys	Directorsince 10/03/2005Manager10/03/2005 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Swinnen	Manager10/03/2005 → 2008 accounts
Freek Perrsyn	Manager2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/08/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office09/01/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/12/2009
WIJZIGING VAN DE MAATSCHAPPELIJKE ZETEL
PDF
Other12/01/2009
WIJZIGING STATUTEN
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

Aglaia De Mulder

Olivier Cavens

Aline Neirynck

Johan Anrys

Freek Persyn

Peter Swinnen

Freek Perrsyn

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

51N4E Cast51N4E

Rue du Progrès 76, 1030 Schaerbeek

Director

Administrator - manager

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Progrès 76, 1030 SchaerbeekCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00440863
Arthur Diderichstraat 3 bte A, 1060 Saint-Gilles	accounts 2021	Accounts 2021 · 2022-20437963

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
51N4E CastCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00440863
51N4E	accounts 2021 → 2022	Accounts 2022 · 2023-00293640

Events

2025
Annual accounts 2025864,4 k €↓
2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20231,2 M €↑
2023
Name change51N4E Cast
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021706,6 k €↓
2020
Annual accounts 2020900,8 k €↑
2019
Annual accounts 2019536,5 k €↑
2018
Annual accounts 2018258,1 k €↑
2017
Annual accounts 2017213,1 k €↑
2016
Annual accounts 2016134,1 k €↑
2015
Annual accounts 2015116,2 k €↑
2014
Annual accounts 20146,2 k €↓
2013
Annual accounts 201364,7 k €↑
2012
Annual accounts 20124,8 k €↓
2011
Annual accounts 201117,3 k €↓
2010
Annual accounts 2010170,9 k €↑
2009
Annual accounts 2009-167,5 k €↓
2008
Annual accounts 200895,8 k €↓
2007
Annual accounts 2007331,7 k €↑
2006
Annual accounts 20063,6 k €
24/03/2005
IncorporationPrivate limited company

51N4E Cast

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events