ACTIVE

CAIRN

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result16 k €-74,5 %over 1 year
Gross margin22 k €-46,9 %over 1 year
Equity553,1 k €+3,0 %over 1 year

Identity

Source · BCE/KBO

CAIRN is a Private limited company incorporated in 2007. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.214.512
Incorporation
21/09/2007
Legal form
Private limited company
Registered office
Avenue de Tervueren 80
1040 Etterbeek · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin22 k €41,5 k €27,2 k €54,4 k €80,4 k €
EBITDA21,6 k €40,3 k €27,2 k €54 k €79,6 k €
Operating result21,6 k €40,2 k €26,4 k €53 k €78,7 k €
Net result16 k €62,9 k €18,1 k €35,9 k €60,8 k €
Balance sheet
Equity553,1 k €537,1 k €474,2 k €456,1 k €420,1 k €
Total assets578,6 k €567,6 k €503,5 k €479,6 k €452,7 k €
Cash99,2 k €76,6 k €173 k €143,4 k €87,5 k €
Debts720,9 €561,7 €1,2 k €3,1 k €2,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ALPHORION0476.926.927Represented by PHILIPPE DIRICQ
MandateManaging director21/09/2007 → 2009 accountsendedManager21/09/2007 → 2020 accountsended
DIRICQ PHILIPPE
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
COFINEUR0473.755.126Represented by ANDRE MARTENS
Manager2015 accounts

Other companies at this address

Avenue de Tervueren 80 1040 Etterbeek
CompanyCBE no.
ALPHORION● Active
0476.926.927
CHARMOZ● Active
0607.993.822
COFINEUR● Active
0473.755.126
LE BRUSC● Active
0881.929.542
SUN EQUIPMENTS● Active
0425.163.668

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202618/08/202524/07/202424/08/202316/08/202230/06/2021
General meeting04/06/202618/07/202501/06/202401/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202601/07/2026FrenchPDF
Micro model31/12/202418/07/202518/08/2025FrenchPDF
Micro model31/12/202301/06/202424/07/2024FrenchPDF
Micro model31/12/202201/06/202324/08/2023FrenchPDF
Abridged model31/12/202101/06/202216/08/2022FrenchPDF
Abridged model31/12/202002/06/202130/06/2021FrenchPDF
Micro model31/12/201903/06/202026/10/2020FrenchPDF
Abridged model31/12/201805/06/201929/07/2019FrenchPDF
Abridged model31/12/201705/06/201830/08/2018FrenchPDF
Abridged model31/12/201605/06/201725/08/2017FrenchPDF
Abridged model31/12/201504/06/201629/07/2016FrenchPDF
Abridged model31/12/201404/06/201531/07/2015FrenchPDF
Abridged model31/12/201304/06/201411/08/2014FrenchPDF
Abridged model31/12/201204/06/201325/07/2013FrenchPDF
Abridged model31/12/201104/06/201206/07/2012FrenchPDF
Abridged model31/12/201001/06/201113/07/2011FrenchPDF
Abridged model31/12/200902/06/201030/07/2010FrenchPDF
Abridged model31/12/200801/06/200928/08/2009FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ALPHORION0476.926.927Represented by PHILIPPE DIRICQ
MandateManaging director21/09/2007 → 2009 accountsendedManager21/09/2007 → 2020 accountsended
DIRICQ PHILIPPE
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
COFINEUR0473.755.126Represented by ANDRE MARTENS
Manager2015 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/05/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates20/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2015
    démission du co-gérant
    PDF
  • Mandates24/12/2009
    Nomination
    PDF
  • Other01/10/2007
    Constitution
    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
Filings18 filings
Mandates
ALPHORION
DIRICQ PHILIPPE
COFINEUR
20072008200920102011201220132014201520162017201820192020202120222023202420252026
CAIRN
Avenue de Tervueren 80, 1040 EtterbeekAVENUE DE TERVUEREN 72, 1040 Etterbeek
Managing directorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue de Tervueren 80, 1040 EtterbeekCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00233432
AVENUE DE TERVUEREN 72, 1040 Etterbeek
accounts 2021 → 2023
Accounts 2023 · 2024-00276944

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CAIRNCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00233432

Events

  1. 2025
    Annual accounts 202516 k €↓
  2. 2024
    Annual accounts 202462,9 k €↑
  3. 2023
    Annual accounts 202318,1 k €↓
  4. 2022
    Annual accounts 202235,9 k €↓
  5. 2021
    Annual accounts 202160,8 k €↑
  6. 2020
    Annual accounts 202027,7 k €↓
  7. 2019
    Annual accounts 201939,9 k €↑
  8. 2018
    Annual accounts 201818,1 k €↓
  9. 2017
    Annual accounts 201729,8 k €↑
  10. 2016
    Annual accounts 20167,6 k €↓
  11. 2015
    Annual accounts 201529 k €↑
  12. 2014
    Annual accounts 20141,9 k €↓
  13. 2013
    Annual accounts 20135,7 k €↓
  14. 2012
    Annual accounts 201213,3 k €↓
  15. 2011
    Annual accounts 201117,4 k €↓
  16. 2010
    Annual accounts 201078,6 k €↑
  17. 2009
    Annual accounts 20091,3 k €↑
  18. 2008
    Annual accounts 2008-11 k €
  19. 21/09/2007
    IncorporationPrivate limited company