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CEDALEX

Active Public limited companyfounded 2001active for 24 yearsGulden-Vlieslaan 23, 1050 IxellesKBO/BCE: BE 0476.304.939
Heads the group CEDALEX 13 companies in 4 countries
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CEDALEX
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 31-08-2026, 31 days late
€43,290
▲ €93,094
-€29,392
▲ €69,862
€809,939
▲ 15.6%
€2.2m
▲ 58.8%
94.8%
▲ 6.7 percentage points
5.80
▲ 4.11

The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €83,000 and €310,000.

Balance sheet

balance sheet total €22.5m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 22.5m23.3m22.4m21.5m20.8m20.7m21.0m21.1m20.9m20.3m20.4m20.6m20.0m19.8m17.4m12.8m10.3m10.8m10.2m5.1m
21/28 19.8m19.8m19.9m18.8m18.8m18.8m19.0m19.0m19.0m18.1m18.1m18.2m17.4m16.6m12.7m5.5m3.0m2.6m2.6m1.2m
22/27 1.1m1.2m1.2m107,800112,382116,965320,325332,664347,256361,848376,440391,033405,625177,817192,852285,607494,819359,557290,960-
22 1.1m1.2m1.2m107,800112,382116,965320,325331,429342,533353,637364,741375,845386,949153,653158,240162,827451,413290,000234,900-
23 -------1,2344,7238,21111,69915,18718,67522,16425,65229,14020,286---
24 -------------2,0008,96093,64023,12069,55756,060-
26 11,426-------------------
28 18.7m18.7m18.7m18.7m18.7m18.7m18.7m18.7m18.7m17.8m17.8m17.8m17.0m16.4m12.5m5.2m2.5m2.3m2.3m1.2m
29/58 2.7m3.4m2.6m2.7m2.0m1.9m2.0m2.1m1.9m2.1m2.3m2.4m2.6m3.3m4.7m7.3m7.3m8.2m7.6m3.9m
40/41 2.1m2.0m2.0m1.6m892,529525,829911,6071.5m1.2m1.2m743,549718,149964,731876,580796,7874.2m919,025226,753267,9741.2m
40 -21---8,7075,8128,0874,8303,0963,7094,3013,8238707,9424,71152,0758,50927,00027,000
41 2.1m2.0m2.0m1.6m892,529517,122905,7951.5m1.2m1.2m739,839713,848960,908875,710788,8444.2m866,950218,244240,9741.2m
50/53 377,163274,034362,814508,083676,772720,402815,982513,873487,836343,299745,404951,955951,875953,7992.0m1.4m5.1m7.1m6.2m1.2m
54/58 206,247324,997266,221583,329415,021637,700311,250103,351180,528624,471737,142710,789616,8781.4m1.9m1.7m1.2m835,5961.2m1.5m
490/1 28,864825,8653,5103,8965,8986,2046,0015,9518,4626,37358,01343,88132,33828,90740,14335,85427,5104,3972,647-
Balance sheet: equity and liabilities
10/49 22.5m23.3m22.4m21.5m20.8m20.7m21.0m21.1m20.9m20.3m20.4m20.6m20.0m19.8m17.4m12.8m10.3m10.8m10.2m5.1m
10/15 21.3m20.5m19.8m20.0m20.1m20.1m20.2m10.0m10.1m10.2m10.3m10.2m10.6m10.9m10.8m9.8m9.8m9.8m9.3m4.7m
10/11 10.3m10.3m10.3m10.3m10.3m10.3m10.3m65,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,000
10 10.3m10.3m10.3m10.3m10.3m---------------
100 10.3m10.3m10.3m10.3m10.3m10.3m10.3m65,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,000
13 52,58712,09012,09012,09012,09010,46810,4686,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,500
130/1 52,58712,09012,09012,09012,09010,468--------------
130 52,58712,09012,09012,09012,09010,46810,4686,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,500
14 11.0m10.2m9.5m9.8m9.8m9.8m10.0m9.9m10.0m10.1m10.2m10.2m10.5m10.8m10.7m9.7m9.7m9.7m9.2m4.6m
17/49 1.2m2.8m2.7m1.5m678,845615,772784,39711.1m10.8m10.1m10.1m10.3m9.4m9.0m6.6m3.0m502,4701.0m917,507445,599
17 684,522725,877-6,964116,266259,320409,671574,124734,469886,7631.0m1.2m1.3m1.4m1.6m438,604464,912322,177247,246-
170/4 684,522725,877-6,964116,266259,320409,671574,124734,469886,7631.0m1.2m1.3m1.4m1.6m438,604464,912322,177247,246-
42/48 460,5592.0m2.7m1.4m557,276351,082372,22010.6m10.1m9.2m9.1m9.2m8.1m7.5m5.0m2.6m34,556718,548670,261445,599
42 41,35539,4906,964109,302143,054139,023164,453159,129152,294146,684141,295131,044125,054119,341113,89026,30824,91416,21912,683-
43 --800,000----------138,596483,945----
430/8 --800,000----------138,596483,945----
44 1,4873,8005,2371,9732,4352,4296151,4592,9051,1532,8526,5158,36835,30538,3405,4836,5429,983523121,477
440/4 1,4873,8005,2371,9732,4352,4296151,4592,9051,1532,8526,5158,36835,30538,3405,4836,5429,983523121,477
45 -----------1,7191,6001,600--3,1004,3501,700-
450/3 -----------1,7191,6001,600--3,1001,7001,700-
454/9 -----------------2,650--
47/48 417,7162.0m1.8m1.3m411,787209,631207,15210.4m10.0m9.0m8.9m9.0m7.9m7.2m4.9m2.5m-687,996655,355324,122
492/3 27,2223081,5718,4065,3035,3702,5062,3422,3951,6311,5811,5911,5544061223,0031,393--
Income statement
76A 26,422----------38,394--1.2m222,46432,508---
9900 43,290-49,805-63,482-24,680-26,110-17,991-7,666-4,129-5,559-6,558-29,106-137,678-159,524-170,174-164,818-258,443-160,375-128,667-276,613-195,647
630 34,44733,886162,4194,5824,5824,58212,33814,59214,59214,59214,59214,59248,14915,03515,15534,55548,85428,67722,692-
631/4 -------------------240
640/8 11,31615,56315,3395,17414,3277,5456,9476,0257,8725,9355,4247,7355,2642,0147,02016,00716,84428,46056,53132,116
66A 26,919----5,779----39,33616,600----63,263-21,171-
9901 -29,392-99,254-241,240-34,436-45,020-35,897-26,952-24,747-28,024-27,085-49,122-160,006-212,937-187,223-186,993-309,005-226,073-185,804-355,836-228,003
75/76B 932,430881,92653,94886,60676,388311,124127,18490,94190,88856,932332,902148,755106,592475,588152,202220,675290,987774,0855.2m4.9m
75 932,430881,92653,94886,60676,388311,124127,18490,94190,88856,932332,902148,755106,592475,588152,202220,675290,987774,0855.2m4.9m
65/66B 93,09980,63373,77496,755-1,062464,66720,863168,287164,689155,130168,356382,449174,809159,008247,579134,42185,38673,111198,27529,408
65 93,09980,63373,77496,755-1,062464,66720,863168,287164,689155,130168,356382,449174,809159,008247,579134,42185,38673,111198,27529,408
9903 809,939702,039-261,065-44,58432,431-189,44079,369-102,093-101,825-125,28376,088-371,906-281,154129,358958,693-287-51,227515,1704.7m4.6m
67/77 -1,468--------56304238175---77,93844,29633,642-
9904 809,939700,571-261,065-44,58432,431-189,44079,369-102,093-101,825-125,28376,032-372,210-281,392129,183958,693-28726,712470,8734.6m4.6m
9905 809,939700,571-261,065-44,58432,431-189,44079,369-102,093-101,825-125,28376,032-372,210-281,392129,183958,693-28726,712470,8734.6m4.6m
Appropriation of the result
9906 11.0m10.2m9.5m9.8m9.8m9.8m10.0m9.9m10.0m10.1m10.2m10.2m10.5m10.8m10.7m9.7m9.7m9.7m9.2m4.6m
14P 10.2m9.5m9.8m9.8m9.8m---------------
691/2 40,497---1,622-3,968-------------
6920 40,497---1,622-3,968-------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488261.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00488261 PDF
31-12-2024 full format 31-08-2025 2025-00471007 PDF
31-12-2023 full format 30-08-2024 2024-00444180 PDF
31-12-2022 full format 01-09-2023 2023-00432870 PDF
31-12-2021 full format 31-08-2022 2022-20410236 PDF
31-12-2020 full format 25-11-2021 2021-78200560 PDF
31-12-2019 full format 30-10-2020 2020-66200293 PDF
31-12-2018 full format 30-08-2019 2019-60200247 PDF
31-12-2017 full format 31-08-2018 2018-57400083 PDF
31-12-2016 full format 31-08-2017 2017-57100286 PDF
31-12-2015 full format 31-08-2016 2016-56000475 PDF
31-12-2014 full format 31-08-2015 2015-54800061 PDF
31-12-2013 full format 25-09-2014 2014-60100311 PDF
31-12-2012 full format 30-10-2013 2013-64700497 PDF
31-12-2011 full format 15-10-2012 2012-60900034 PDF
31-12-2010 full format 29-07-2011 2011-36100491 PDF
31-12-2009 full format 30-08-2010 2010-48700206 PDF
31-12-2008 full format 29-07-2009 2009-51000052 PDF
31-12-2007 full format 19-06-2008 2008-25500146 PDF
31-12-2006 full format 21-06-2007 2007-26300169 PDF
31-12-2005 full format 21-06-2006 2006-27505304 PDF
31-12-2004 full format 17-06-2005 2005-26604996 PDF
31-12-2003 full format 10-06-2004 2004-22600938 PDF
31-12-2002 full format 25-11-2003 2003-80400947 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
5,055-65,368-78,820-29,854-40,437-31,315-14,613-10,154-13,432-12,493-34,530-145,413-164,788-172,188-171,838-274,450-177,219-157,127-333,144-
844,386734,457-98,645-40,00237,013-184,85891,707-87,501-87,232-110,69190,624-357,618-233,243144,218973,84834,26875,565499,5514.7m-
11,98701.2m00-198,77900905,41900799,005868,3874.0m7.2m2.8m539,070630,5481.5m1.1m
-118,75058,776-317,108168,308-222,679326,450207,899-77,177-443,943-112,67226,35393,911-784,428-473,706174,864456,000408,553-363,523-345,553-
2.2m1.4m-68,5261.3m1.4m1.5m1.7m-8.4m-8.2m-7.0m-6.8m-6.7m-5.5m-4.3m-339,9924.7m7.2m7.5m7.0m3.5m
94.8%88.1%88.1%93.2%96.7%97.0%96.3%47.3%48.2%50.3%50.5%49.7%53.1%54.9%62.0%76.4%95.1%90.4%91.0%91.3%
5.801.680.971.903.575.385.490.200.190.230.250.260.320.430.932.82-11.3811.388.85
0.060.140.130.070.030.030.041.111.080.990.981.010.880.820.610.310.050.110.100.10
3.8%3.4%-1.3%-0.2%0.2%-0.9%0.4%-1.0%-1.0%-1.2%0.7%-3.6%-2.7%1.2%8.9%0.0%0.3%4.8%49.8%98.5%
3.6%3.0%-1.2%-0.2%0.2%-0.9%0.4%-0.5%-0.5%-0.6%0.4%-1.8%-1.4%0.7%5.5%0.0%0.3%4.4%45.3%90.0%
0.05-0.81-1.07-0.3138.07---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€725,877€765,367€806,964€23,035€38,236
Mortgages, amount registered€27,500€27,500---
€852,500€852,500---
Carrying value of the mortgaged assets€1.0m€1.1m---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€11,987-€1.2m--
€34,447€33,886€162,419€4,582€4,582

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CEDALEX

The operating result for 2025 is a loss of €29,392, smaller than the loss of €99,254 in 2024.

Debt's share of the balance-sheet total falls from 11.9% to 5.2%. Equity is higher and debt is lower.

Next steps

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