ACTIVE

CMSVG

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result57,1 k €+432,3 %over 1 year

Gross margin1,1 M €-3,7 %over 1 year

Equity22,4 k €+165,3 %over 1 year

Workforce34,8 ETP-5,7 %over 1 year

Identity

Source · BCE/KBO

CMSVG is a Private limited company incorporated in 2005. Its main activity is: Accommodation. Its registered office is in Geel. It employs on average 34,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0877.759.730
Incorporation: 07/12/2005
Legal form: Private limited company
Registered office: Markt 52
2440 Geel · FlandreSee on map
Contributed capital: 168 600,00 €
Latest accounts: 31/12/2025
Average workforce: 34,8 ETP

Activities (NACE)

55401Accommodation· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56301Beverage serving activities 56301Beverage serving activities 55301Camping grounds, recreational vehicle parks and trailer parks+3

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	-3.7%	1,1 M €	+20.6%	914,3 k €	+31.8%	693,6 k €	-10.9%	778,3 k €
EBITDA	58,2 k €	+208%	18,9 k €	+130%	-62,7 k €	+40.0%	-104,5 k €	-137%	284 k €
Operating result	34,6 k €	+1405%	-2,7 k €	+96.9%	-86,8 k €	+38.9%	-142,2 k €	-167%	211,8 k €
Net result	57,1 k €	+432%	-17,2 k €	+82.5%	-98,1 k €	+34.9%	-150,6 k €	-173%	207,7 k €
Balance sheet
Equity	22,4 k €	+165%	-34,3 k €	-100%	-17,1 k €	-121%	81 k €	-65.0%	231,6 k €
Total assets	428,1 k €	-20.1%	535,6 k €	+9.5%	489 k €	-17.1%	589,6 k €	-25.2%	788,5 k €
Cash	14,2 k €	-86.0%	101,8 k €	-31.0%	147,6 k €	-24.2%	194,6 k €	-60.8%	495,9 k €
Debts	405,7 k €	-27.9%	563,1 k €	+11.3%	506 k €	-0.2%	506,9 k €	-9.0%	556,9 k €
Other
Workforce	34,8 ETP	-5.7%	36,9 ETP	+19.0%	31,0 ETP	+3.3%	30,0 ETP	+28.2%	23,4 ETP

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	Other mandatescurrentendedstruck offbankruptcies
CAFO0826.241.446Represented by Cedric MERTENS	Directorsince 10/02/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cedric Mertens	Director02/12/2005 → 2021 accountsManager02/12/2005 → 2018 accounts

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	06/07/2026	30/09/2025	05/07/2024	27/07/2023	26/08/2022	30/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	06/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	30/10/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	21/09/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	31/08/2007	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	Other mandatescurrentendedstruck offbankruptcies
CAFO0826.241.446Represented by Cedric MERTENS	Directorsince 10/02/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cedric Mertens	Director02/12/2005 → 2021 accountsManager02/12/2005 → 2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office16/09/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/06/2018
KAPITAAL - AANDELEN
PDF
Registered office06/01/2009
Verplaatsing maatschappelijke zetel
PDF
Registered office18/10/2007
Verplaatsing maatschappelijke zetel
PDF
Other19/12/2005
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

Filings19 filings

Mandates

CAFO

Cedric Mertens

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CMSVG

Markt 52, 2440 GeelGasthuisstraat 18 bte F, 2440 Geel

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Markt 52, 2440 GeelCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00281119
Gasthuisstraat 18 bte F, 2440 Geel	accounts 2021 → 2023	Accounts 2023 · 2024-00231252

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CMSVGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00281119

Events

2025
Annual accounts 202557,1 k €↑
2024
Annual accounts 2024-17,2 k €↑
2023
Annual accounts 2023-98,1 k €↑
2022
Annual accounts 2022-150,6 k €↓
2021
Annual accounts 2021207,7 k €↑
2019
Annual accounts 2019-224,1 k €↓
2018
Annual accounts 201845,4 k €↓
2017
Annual accounts 201746,7 k €↑
2016
Annual accounts 2016-669,1 €↓
2015
Annual accounts 201547,9 k €↑
2014
Annual accounts 2014-176,7 k €↓
2013
Annual accounts 2013-152,8 k €↓
2012
Annual accounts 20127,7 k €↑
2011
Annual accounts 2011-4,3 k €↓
2010
Annual accounts 201087,5 k €↑
2009
Annual accounts 2009-33,5 k €↓
2008
Annual accounts 200860,8 k €↑
2007
Annual accounts 200731,8 k €↓
2006
Annual accounts 200635 k €
07/12/2005
IncorporationPrivate limited company

CMSVG

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