ACTIVE

CIMALINK

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Financial year 2025 · closed on 31/12/2025

Net result

35,7 k €

-14.8% YoY

Gross margin

59,1 k €

-3.4% YoY

Equity

201,6 k €

+21.5% YoY

What does CIMALINK do?

CIMALINK is a Private limited company incorporated in 2007. Its main activity is: Computer consultancy activities. Its registered office is in Ganshoren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.033.162

Incorporation

07/12/2007

Legal form

Private limited company

Registered office

Rue Victor Lowet 45
1083 Ganshoren · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 58210Publishing of computer games 58210Publishing of computer games 58290Other software publishing 58290Other software publishing+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	59,1 k €	-3.4%	61,2 k €	+262%	16,9 k €	+447%	-4,9 k €	-117%	27,9 k €	-26.0%	37,7 k €	-27.5%	52 k €	+84.6%	28,2 k €	-30.2%	40,4 k €	+18.7%	34 k €	+1029%	-3,7 k €	+58.6%	-8,9 k €	-776%	1,3 k €	-48.7%	2,6 k €	+739%	-399,3 €	+96.3%	-10,8 k €	-7646%	142,5 €	-99.6%	32,6 k €
EBITDA	53,2 k €	-10.6%	59,5 k €	+262%	16,4 k €	+433%	-4,9 k €	-118%	27,5 k €	+73.2%	15,9 k €	-67.0%	48,2 k €	+73.2%	27,8 k €	-30.6%	40,1 k €	+18.3%	33,9 k €	+974%	-3,9 k €	+56.9%	-9 k €	-929%	1,1 k €	-48.5%	2,1 k €	+247%	-1,4 k €	+87.1%	-11,1 k €	-17401%	-63,3 €	-100%	32,4 k €
Operating result	53 k €	-10.5%	59,3 k €	+265%	16,2 k €	+423%	-5 k €	-118%	27,5 k €	+84.5%	14,9 k €	-67.4%	45,8 k €	+79.9%	25,5 k €	+298%	6,4 k €	-81.0%	33,8 k €	+950%	-4 k €	+55.8%	-9 k €	-929%	1,1 k €	-48.5%	2,1 k €	+247%	-1,4 k €	+88.1%	-12 k €	-1106%	-996 €	-103%	31,4 k €
Net result	35,7 k €	-14.8%	41,9 k €	+240%	12,3 k €	+302%	-6,1 k €	-132%	19,2 k €	+100%	9,6 k €	-69.2%	31,1 k €	+58.7%	19,6 k €	+464%	3,5 k €	-88.4%	29,8 k €	+800%	-4,3 k €	+52.7%	-9 k €	-877%	1,2 k €	-46.9%	2,2 k €	+279%	-1,2 k €	+89.1%	-11,2 k €	-959%	-1,1 k €	-105%	22,2 k €
Balance sheet
Equity	201,6 k €	+21.5%	165,8 k €	+33.8%	123,9 k €	+11.1%	111,6 k €	-5.2%	117,7 k €	+19.5%	98,5 k €	+10.8%	88,9 k €	+53.8%	57,8 k €	+51.2%	38,2 k €	+10.0%	34,8 k €	+603%	4,9 k €	-46.3%	9,2 k €	-49.5%	18,2 k €	+6.8%	17,1 k €	+14.7%	14,9 k €	-7.6%	16,1 k €	-41.0%	27,3 k €	-3.7%	28,4 k €
Total assets	234,6 k €	+21.3%	193,4 k €	+40.9%	137,3 k €	+13.0%	121,5 k €	-7.3%	131 k €	+7.1%	122,3 k €	+5.3%	116,2 k €	+62.6%	71,4 k €	+25.5%	56,9 k €	+28.4%	44,3 k €	+261%	12,3 k €	+9.1%	11,3 k €	-39.7%	18,7 k €	-12.5%	21,3 k €	+43.3%	14,9 k €	-9.2%	16,4 k €	-42.8%	28,6 k €	-36.7%	45,2 k €
Cash	66,9 k €	+16.2%	57,6 k €	+1691%	3,2 k €	-3.9%	3,3 k €	-56.3%	7,7 k €	-20.9%	9,7 k €	-26.9%	13,3 k €	-73.5%	50 k €	+6.6%	46,9 k €	+1797%	2,5 k €	+6485%	37,6 €	-99.3%	5,4 k €	-54.6%	11,9 k €	-21.5%	15,1 k €	+31.4%	11,5 k €	-7.2%	12,4 k €	-46.3%	23,1 k €	-24.8%	30,7 k €
Debts	33 k €	+19.8%	27,6 k €	+106%	13,4 k €	+34.7%	9,9 k €	-25.9%	13,4 k €	-43.9%	23,8 k €	-12.6%	27,2 k €	+100%	13,6 k €	-27.2%	18,7 k €	+95.7%	9,6 k €	+30.3%	7,3 k €	+258%	2 k €	+379%	427,2 €	-90.0%	4,3 k €		0 €	-100%	278,6 €	-78.8%	1,3 k €	-92.2%	16,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Youri ALBINOVANIUS

Manager

Active

Ended mandates

JACQUES STEVEN

Manager

Ended

Youri ALBINOVANIUS

Director

Ended

Youri ALBINOVANIUS

Administrator - manager

Ended

Youri ALBINOVANUS

Manager

Ended

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	29/07/2026	04/08/2025	23/07/2024	02/08/2023	29/07/2022	27/07/2021
General meeting	09/06/2026	09/06/2025	09/06/2024	09/06/2023	09/06/2022	09/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	09/06/2026	29/07/2026	French	PDF
Micro model	31/12/2024	09/06/2025	04/08/2025	French	PDF
Micro model	31/12/2023	09/06/2024	23/07/2024	French	PDF
Micro model	31/12/2022	09/06/2023	02/08/2023	French	PDF
Micro model	31/12/2021	09/06/2022	29/07/2022	French	PDF
Micro model	31/12/2020	09/06/2021	27/07/2021	French	PDF
Micro model	31/12/2019	09/06/2020	31/07/2020	French	PDF
Micro model	31/12/2018	09/06/2019	08/08/2019	French	PDF
Micro model	31/12/2017	09/06/2018	24/07/2018	French	PDF
Micro model	31/12/2016	09/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	10/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	14/08/2015	French	PDF
Abridged model	31/12/2013	11/06/2014	06/08/2014	French	PDF
Abridged model	31/12/2012	09/06/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	09/06/2012	25/07/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	13/08/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 5 ended

Active mandates

Youri ALBINOVANIUS

Manager

Active

Ended mandates

JACQUES STEVEN

Manager

Ended

Youri ALBINOVANIUS

Director

Ended

Youri ALBINOVANIUS

Administrator - manager

Ended

Youri ALBINOVANUS

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202535,7 k €↓
2024
Annual accounts 202441,9 k €↑
2023
Annual accounts 202312,3 k €↑
2022
Annual accounts 2022-6,1 k €↓
2021
Annual accounts 202119,2 k €↑
2020
Annual accounts 20209,6 k €↓
2019
Annual accounts 201931,1 k €↑
2018
Annual accounts 201819,6 k €↑
2017
Annual accounts 20173,5 k €↓
2016
Annual accounts 201629,8 k €↑
2015
Annual accounts 2015-4,3 k €↑
2014
Annual accounts 2014-9 k €↓
2013
Annual accounts 20131,2 k €↓
2012
Annual accounts 20122,2 k €↑
2011
Annual accounts 2011-1,2 k €↑
2010
Annual accounts 2010-11,2 k €↓
2009
Annual accounts 2009-1,1 k €↓
2008
Annual accounts 200822,2 k €
07/12/2007
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

CIMALINK

Overview

What does CIMALINK do?

Trend over 18 financial years

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

Similar companies

Similar companies

Timeline