ACTIVE

CDES Services

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Financial year 2025 · closed on 31/12/2025

Net result

4,6 k €

+10.7% YoY

Gross margin

347,2 k €

+1.8% YoY

Equity

95,4 k €

+5.0% YoY

Workforce

6,2 ETP

+10.7% YoY

What does CDES Services do?

CDES Services is a Private limited company incorporated in 2007. Its main activity is: Electrical installation. Its registered office is in Dilsen-Stokkem. It employs on average 6,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.169.394

Incorporation

19/06/2007

Legal form

Private limited company

Registered office

Hermeslaan 5F box unit6
3650 Dilsen-Stokkem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

6,2 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 46500Wholesale of information and communication equipment 46520Wholesale of electronic and telecommunications equipment and parts 43211Electrical installation 43211Electrical installation+1

Joint committees (3)

14901
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	347,2 k €	+1.8%	341,2 k €	-15.1%	401,7 k €	+5.3%	381,4 k €	+19.8%	318,2 k €	+10.1%	288,9 k €	-16.0%	344,1 k €	+23.5%	278,7 k €	+23.6%	225,4 k €	+10.1%	204,7 k €	+41.3%	144,9 k €	+38.4%	104,7 k €	+1306%	7,4 k €	+240%	-5,3 k €	-417%	1,7 k €	-85.7%	11,7 k €	-73.3%	43,9 k €	+591%	6,3 k €
EBITDA	45,7 k €	-9.6%	50,6 k €	-46.7%	94,9 k €	+64.7%	57,6 k €	+106%	28 k €	+48.7%	18,8 k €	-62.4%	49,9 k €	+813%	-7 k €	-115%	45,3 k €	-5.1%	47,7 k €	+141%	19,8 k €	+14.3%	17,4 k €	+188%	-19,7 k €	-214%	-6,3 k €	-638%	1,2 k €	-89.6%	11,2 k €	-73.8%	42,9 k €	+995%	3,9 k €
Operating result	20,4 k €	-20.6%	25,7 k €	-64.1%	71,6 k €	+40.9%	50,8 k €	+176%	18,4 k €	+78.2%	10,3 k €	-73.9%	39,5 k €	+274%	-22,7 k €	-173%	31,2 k €	-6.6%	33,4 k €	+431%	6,3 k €	-13.1%	7,3 k €	+136%	-20,3 k €	-224%	-6,3 k €	-638%	1,2 k €	-89.6%	11,2 k €	-68.8%	35,9 k €	+667%	-6,3 k €
Net result	4,6 k €	+10.7%	4,1 k €	-85.0%	27,5 k €	+121%	12,4 k €	+358%	2,7 k €	-65.6%	7,9 k €	-62.8%	21,2 k €	+187%	-24,3 k €	-267%	14,6 k €	-23.7%	19,1 k €	+305%	-9,3 k €	-289%	4,9 k €	+124%	-20,5 k €	-221%	-6,4 k €	-849%	-673,1 €	-136%	1,9 k €	-91.9%	22,8 k €	+467%	-6,2 k €
Balance sheet
Equity	95,4 k €	+5.0%	90,9 k €	+4.7%	86,7 k €	+46.5%	59,2 k €	+26.6%	46,8 k €	+6.2%	44,1 k €	+22.2%	36,1 k €	+143%	14,8 k €	-62.2%	39,2 k €	+59.4%	24,6 k €	+327%	5,8 k €	-61.8%	15,1 k €	+391%	-5,2 k €	-134%	15,4 k €	-29.4%	21,7 k €	-3.0%	22,4 k €	+9.0%	20,6 k €	+240824%	-8,5 €
Total assets	418,9 k €	+5.6%	396,8 k €	+16.5%	340,7 k €	-34.8%	522,2 k €	+26.7%	412,1 k €	+67.7%	245,7 k €	-48.2%	474,6 k €	+56.9%	302,5 k €	+28.0%	236,3 k €	+45.1%	162,8 k €	+22.3%	133,1 k €	+10.7%	120,3 k €	+577%	17,8 k €	-57.5%	41,8 k €	+20.6%	34,7 k €	-16.0%	41,3 k €	-27.0%	56,6 k €	-57.2%	132,3 k €
Cash	52,3 €	-98.2%	2,8 k €	+1211%	217,1 €	-99.6%	61,2 k €	+2096%	2,8 k €		–		3,5 k €	-51.1%	7,2 k €	-77.3%	31,9 k €	-12.1%	36,3 k €	+236%	10,8 k €	+6663%	160 €	+158%	61,9 €	-99.3%	8,4 k €	+73554%	11,4 €	-100.0%	40 k €	+20.5%	33,2 k €	-2.6%	34,1 k €
Debts	323,5 k €	+5.7%	306 k €	+20.5%	253,9 k €	-45.2%	463 k €	+26.8%	365,3 k €	+81.2%	201,6 k €	-54.0%	438,5 k €	+52.5%	287,6 k €	+45.9%	197,1 k €	+42.6%	138,2 k €	+16.7%	118,4 k €	+12.5%	105,2 k €	+359%	22,9 k €	-13.4%	26,5 k €	+105%	12,9 k €	-31.4%	18,9 k €	-47.6%	36 k €	-72.8%	132,3 k €
Other
Workforce	6,2 ETP	+10.7%	5,6 ETP	-1.8%	5,7 ETP	-13.6%	6,6 ETP	-4.3%	6,9 ETP	+15.0%	6,0 ETP	+20.0%	5,0 ETP	-13.8%	5,8 ETP	+61.1%	3,6 ETP	+20.0%	3,0 ETP	+7.1%	2,8 ETP	+55.6%	1,8 ETP	+80.0%	1,0 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Active

Ended mandates

STEFJOEL

Manager · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Manager · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

At this address

Other companies at this address

Company	CBE no.
STEFJOEL● Active	0820.523.196

Annual accounts

Full financial information

	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	31/08/2026	29/08/2025	28/06/2024	30/08/2023	28/10/2022	23/03/2022
General meeting	26/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	28/10/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	23/03/2022	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	13/08/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	05/12/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/03/2017	03/04/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	06/05/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	03/06/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Active

Ended mandates

STEFJOEL

Manager · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Director · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

STEFJOEL

Manager · since 01 janvier 2017 · 0820.523.196

Represented by Alojz Cuzi

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/09/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/11/2023
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/01/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/10/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/09/2013
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/06/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other28/06/2007
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

2025
Annual accounts 20254,6 k €↑
2024
Annual accounts 20244,1 k €↓
2023
Annual accounts 202327,5 k €↑
2022
Annual accounts 202212,4 k €↑
2021
Annual accounts 20212,7 k €↓
2020
Annual accounts 20207,9 k €↓
2019
Annual accounts 201921,2 k €↑
2018
Annual accounts 2018-24,3 k €↓
2017
Annual accounts 201714,6 k €↓
2016
Annual accounts 201619,1 k €↑
2015
Annual accounts 2015-9,3 k €↓
2014
Annual accounts 20144,9 k €↑
2013
Annual accounts 2013-20,5 k €↓
2012
Annual accounts 2012-6,4 k €↓
2011
Annual accounts 2011-673,1 €↓
2010
Annual accounts 20101,9 k €↓
2009
Annual accounts 200922,8 k €↑
2008
Annual accounts 2008-6,2 k €
19/06/2007
IncorporationPrivate 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

CDES Services

Overview

What does CDES Services do?

Trend over 18 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