Equity
CEDELI has made a profit in every financial year since 2022.
CEDELI has made a profit in every financial year since 2022.
The accounts state no turnover.
Of this, €306,182 falls due within a year.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 3 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Shares in 1 company, DELIFLANDERS
Board & ownershipThese companies have the same main activity as CEDELI: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €298,000 and €930,000, founded between 2020 and 2022.
CEDELI files the abbreviated format. That format states no turnover. The gross margin fell from €62,058 in 2022 to €52,577 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Higher than 27% of 6,708 companies in 2025.
Higher than 51% of 6,673 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Staff: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
547,583 | 564,403 | 551,511 | 555,903 | |
21/28 |
546,277 | 546,277 | 546,277 | 546,277 | |
28 |
546,277 | 546,277 | 546,277 | 546,277 | |
29/58 |
1,306 | 18,126 | 5,234 | 9,626 | |
40/41 |
1,306 | 175 | 6 | - | |
40 |
0 | 160 | - | - | |
41 |
1,306 | 15 | 6 | - | |
54/58 |
0 | 17,951 | 5,228 | 9,626 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
547,583 | 564,403 | 551,511 | 555,903 | |
10/15 |
135,915 | 109,989 | 76,897 | 46,272 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
13 |
132,915 | 106,989 | 73,897 | 43,272 | |
133 |
132,915 | 106,989 | 73,897 | 43,272 | |
17/49 |
411,669 | 454,414 | 474,613 | 509,631 | |
17 |
100,000 | 150,000 | 200,000 | 250,000 | |
170/4 |
100,000 | 150,000 | 200,000 | 250,000 | |
42/48 |
306,182 | 299,139 | 273,031 | 259,631 | |
42 |
51,654 | 54,353 | 50,000 | 50,000 | |
43 |
30 | - | - | - | |
430/8 |
30 | - | - | - | |
44 |
30,338 | 30,646 | 30,813 | 288 | |
440/4 |
30,338 | 30,646 | 30,813 | 288 | |
45 |
5,881 | 12,974 | 22,293 | 20,747 | |
450/3 |
5,881 | 12,974 | 22,293 | 20,747 | |
47/48 |
218,280 | 201,166 | 169,924 | 188,597 | |
492/3 |
5,486 | 5,275 | 1,582 | - | |
| Income statement | |||||
9900 |
52,577 | 52,925 | 47,023 | 62,058 | |
640/8 |
513 | 499 | 460 | 348 | |
66A |
7,370 | - | - | - | |
9901 |
44,694 | 52,426 | 46,563 | 61,710 | |
75/76B |
0 | 0 | - | - | |
75 |
0 | 0 | - | - | |
65/66B |
10,061 | 8,141 | 5,729 | 4,015 | |
65 |
10,061 | 8,141 | 5,729 | 4,015 | |
9903 |
34,633 | 44,285 | 40,835 | 57,695 | |
67/77 |
8,707 | 11,194 | 10,209 | 14,424 | |
9904 |
25,926 | 33,091 | 30,626 | 43,272 | |
9905 |
25,926 | 33,091 | 30,626 | 43,272 | |
| Appropriation of the result | |||||
9906 |
25,926 | 33,091 | 30,626 | 43,272 | |
691/2 |
25,926 | 33,091 | 30,626 | 43,272 | |
6921 |
25,926 | 33,091 | 30,626 | 43,272 | |
| Social balance sheet | |||||
9087 |
0 | 0 | 0 | - | |
| Document | |||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| - | - | - | 546,277 | ||
| -17,951 | 12,723 | -4,398 | - | ||
| 24.8% | 19.5% | 13.9% | 8.3% | ||
| 19.1% | 30.1% | 39.8% | 93.5% | ||
| 4.7% | 5.9% | 5.6% | 7.8% |
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.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Financial fixed assets | - | - | - | €546,277 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 15% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 80.5% to 75.2%. Equity is higher and debt is lower.
Source: shareholder structure in its own accounts
Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.
| DELIFLANDERS
registered office since 13-07-2001 · founded in 2001 |
3.6 FTE (2025) 0475.174.789 |
| Riding Club Belgium
registered office since 18-10-1988 |
founded in 1988 0436.013.416 |
| Name | 2022 | 2024 | 2025 |
|---|---|---|---|
| DELIFLANDERS | 74.73% | ||
Source: list of holdings in its own accounts
The network lets you explore the ties of CEDELI.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
CEDELI was incorporated on 2 June 2021 as a private limited company by one natural person, with a starting capital of €3,000.12 MAES Cedric Paul Muriel is director of the company, appointed by deed of 04-06-2021.2 Total assets went from €555,903 in 2022 to €547,583 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Bruggestraat 196 registered office 8730 Beernem | 02-06-2021 | 2.318.629.897 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31021A0968/00A000 | 1.8 ha | 1 · 185 m² | 10.1 m · 2 |
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