ACTIVE

CPHARE

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Financial year 2025 · closed on 31/12/2025

Net result

421,5 k €

+23.0% YoY

Gross margin

866,6 k €

+10.8% YoY

Equity

1,5 M €

+26.9% YoY

What does CPHARE do?

CPHARE is a Private limited company incorporated in 2008. Its main activity is: Veterinary activities. Its registered office is in Clavier.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0896.359.083

Incorporation

28/02/2008

Legal form

Private limited company

Registered office

Fontenoy 4
4560 Clavier · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

75000Veterinary activities· main 75000Veterinary activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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	866,6 k €	+10.8%	781,9 k €	+27.4%	613,9 k €	+36.3%	450,4 k €	+11.8%	402,7 k €	+31.4%	306,4 k €	-6.9%	329 k €	+17.2%	280,6 k €	+79.8%	156 k €	-29.6%	221,7 k €	+10.3%	201,1 k €	+31.9%	152,4 k €	-12.0%	173,2 k €	+70.6%	101,5 k €	-15.5%	120,2 k €	+109%	57,5 k €	+47.4%	39 k €	+354%	8,6 k €
EBITDA	716 k €	+15.9%	617,7 k €	+32.1%	467,7 k €	+54.7%	302,3 k €	+8.1%	279,6 k €	+28.3%	218 k €	-10.8%	244,2 k €	+6.3%	229,8 k €	+86.7%	123 k €	+16.8%	105,4 k €	-41.3%	179,6 k €	+22.5%	146,6 k €	-12.6%	167,8 k €	+74.3%	96,3 k €	-17.1%	116,2 k €	+103%	57,1 k €	+48.1%	38,6 k €	+368%	8,2 k €
Operating result	584 k €	+21.0%	482,9 k €	+45.9%	331 k €	+114%	154,7 k €	+5.8%	146,2 k €	+50.8%	96,9 k €	-9.8%	107,4 k €	+13.5%	94,6 k €	+94.8%	48,6 k €	+12.5%	43,2 k €	-61.7%	112,9 k €	+34.7%	83,8 k €	-21.4%	106,7 k €	+172%	39,2 k €	-39.8%	65,1 k €	+316%	15,7 k €	+86.3%	8,4 k €	+24.8%	6,7 k €
Net result	421,5 k €	+23.0%	342,7 k €	+61.6%	212 k €	+154%	83,5 k €	+8.5%	77 k €	+58.2%	48,7 k €	-7.0%	52,3 k €	-16.4%	62,5 k €	+447%	11,4 k €	+11.2%	10,3 k €	-78.8%	48,4 k €	+77.3%	27,3 k €	-36.0%	42,7 k €	+1011%	3,8 k €	-76.2%	16,2 k €	+241%	-11,4 k €	-2505%	-438,6 €	-111%	4,1 k €
Balance sheet
Equity	1,5 M €	+26.9%	1,2 M €	+42.4%	808,5 k €	+36.7%	591,6 k €	+16.4%	508,1 k €	+17.9%	431,1 k €	+12.7%	382,4 k €	+15.8%	330,1 k €	+23.4%	267,6 k €	+9.3%	244,8 k €	+8.6%	225,5 k €	+42.5%	158,3 k €	+41.1%	112,2 k €	+121%	50,8 k €	+17.8%	43,1 k €	+299%	10,8 k €	-51.4%	22,2 k €	-1.9%	22,7 k €
Total assets	2,7 M €	-0.6%	2,7 M €	+10.7%	2,4 M €	+7.2%	2,3 M €	-3.1%	2,3 M €	-1.6%	2,4 M €	-0.6%	2,4 M €	+0.3%	2,4 M €	+85.4%	1,3 M €	+0.9%	1,3 M €	+53.6%	832,7 k €	+5.5%	789 k €	-0.9%	796,2 k €	+10.0%	724,1 k €	+1.1%	716 k €	+8.9%	657,5 k €	+15.7%	568,3 k €	+1110%	47 k €
Cash	1 M €	+76.9%	584 k €	-1.8%	594,8 k €	+65.1%	360,3 k €	-14.2%	420,2 k €	-10.6%	470,1 k €	+9.1%	430,9 k €	+36.8%	315 k €	+273%	84,4 k €	-33.2%	126,4 k €	-40.9%	213,9 k €	+26.3%	169,4 k €	+45.0%	116,8 k €	+23.4%	94,6 k €	+18.8%	79,7 k €	+78.9%	44,5 k €	+84.1%	24,2 k €	-16.7%	29,1 k €
Debts	1,2 M €	-21.0%	1,5 M €	-5.0%	1,6 M €	-3.1%	1,7 M €	-8.5%	1,8 M €	-5.8%	2 M €	-3.2%	2 M €	-2.2%	2,1 M €	+102%	1 M €	-1.1%	1 M €	+70.3%	607,2 k €	-3.7%	630,7 k €	-7.8%	684 k €	+1.6%	673,3 k €	+0.1%	672,9 k €	+4.1%	646,7 k €	+18.4%	546,1 k €	+2147%	24,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

BOTTON STEPHANE

Mandate

Active

CALBERG FRANCOIS

Mandate

Active

Ended mandates

FRANCOIS CALBERG

Manager

Ended

STEPHANE BOTTON

Associate

Ended

At this address

Other companies at this address

Company	CBE no.
CALISMA● Active	0632.978.646
DECABO● Active	0461.608.845
SimVet● Active	1028.136.355

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	22/07/2026	29/07/2025	29/08/2024	26/08/2023	26/08/2022	28/06/2021
General meeting	16/06/2026	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	22/07/2026	French	PDF
Abridged model	31/12/2024	06/05/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	07/05/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	02/05/2023	26/08/2023	French	PDF
Abridged model	31/12/2021	03/05/2022	26/08/2022	French	PDF
Abridged model	31/12/2020	04/05/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	05/05/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	07/05/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	01/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	03/05/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	05/05/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	06/05/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	01/05/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	01/05/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	03/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	04/05/2010	27/08/2010	French	PDF
Abridged modelCorrection	31/12/2008	05/05/2009	30/11/2009	French	PDF
Abridged model	31/12/2008	05/05/2009	31/07/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

BOTTON STEPHANE

Mandate

Active

CALBERG FRANCOIS

Mandate

Active

Ended mandates

FRANCOIS CALBERG

Manager

Ended

STEPHANE BOTTON

Associate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring08/05/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring19/02/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring10/12/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/12/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates29/09/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - ADRESSE AUTRE QUE SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates17/08/2021
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - CAPITAL, ACTIONS
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 2025421,5 k €↑
2024
Annual accounts 2024342,7 k €↑
2023
Annual accounts 2023212 k €↑
2022
Annual accounts 202283,5 k €↑
2021
Annual accounts 202177 k €↑
2020
Annual accounts 202048,7 k €↓
2019
Annual accounts 201952,3 k €↓
2018
Annual accounts 201862,5 k €↑
2017
Annual accounts 201711,4 k €↑
2016
Annual accounts 201610,3 k €↓
2015
Annual accounts 201548,4 k €↑
2014
Annual accounts 201427,3 k €↓
2013
Annual accounts 201342,7 k €↑
2012
Annual accounts 20123,8 k €↓
2011
Annual accounts 201116,2 k €↑
2010
Annual accounts 2010-11,4 k €↓
2009
Annual accounts 2009-438,6 €↓
2008
Annual accounts 20084,1 k €
28/02/2008
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

CPHARE

Overview

What does CPHARE 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