Cedtech
Annual accounts 2025
micro format, filed on 23-02-2026, 158 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €92,571 on 31-12-2025in euro
in euro
Position in the sector
23.4%
Higher than 23% of 21,208 companies in 2025.
0.98
Higher than 16% of 20,571 companies in 2025.
55.8%
Higher than 89% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
92,571 | 249,296 | 241,350 | 224,155 | 128,354 | |
21/28 |
25,831 | 45,541 | 66,189 | 80,028 | - | |
22/27 |
25,831 | 45,541 | 66,189 | 80,028 | - | |
23 |
937 | - | - | - | - | |
24 |
23,335 | 43,403 | 63,472 | 80,028 | - | |
26 |
1,560 | 2,138 | 2,716 | - | - | |
29/58 |
66,740 | 203,755 | 175,161 | 144,127 | 128,354 | |
40/41 |
18,423 | 19,414 | 14,400 | 15,420 | 23,020 | |
40 |
16,486 | 15,728 | 14,242 | 13,021 | 20,621 | |
41 |
1,937 | 3,687 | 158 | 2,399 | 2,399 | |
50/53 |
- | 65,858 | 53,757 | 128,707 | 7,500 | |
54/58 |
47,941 | 118,322 | 101,844 | - | 97,834 | |
490/1 |
376 | 160 | 5,160 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
92,571 | 249,296 | 241,350 | 224,155 | 128,354 | |
10/15 |
21,662 | 189,001 | 148,072 | 93,482 | 79,273 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
16,662 | 184,001 | 143,072 | 74,273 | 74,273 | |
133 |
16,662 | 184,001 | 143,072 | 74,273 | 74,273 | |
14 |
- | - | - | 14,208 | - | |
17/49 |
70,909 | 60,295 | 93,278 | 130,673 | 49,081 | |
17 |
2,996 | 20,863 | 38,539 | 73,327 | - | |
170/4 |
2,996 | 20,863 | 38,539 | 73,327 | - | |
42/48 |
67,871 | 39,432 | 54,738 | 57,346 | 49,081 | |
42 |
17,867 | 17,676 | 22,602 | 16,026 | 18,085 | |
44 |
- | 123 | 1,351 | 1,225 | 223 | |
440/4 |
- | 123 | 1,351 | 1,225 | 223 | |
45 |
7,634 | 8,200 | 10,555 | 7,978 | 8,839 | |
450/3 |
7,634 | 8,200 | 7,777 | 7,978 | 8,839 | |
454/9 |
- | - | 2,778 | - | - | |
47/48 |
42,370 | 13,432 | 20,230 | 32,117 | 21,933 | |
492/3 |
42 | - | - | - | - | |
| Income statement | ||||||
9900 |
70,213 | 74,744 | 68,167 | 47,237 | 96,494 | |
630 |
21,029 | 20,647 | 19,708 | 17,339 | - | |
640/8 |
585 | 791 | 1,707 | 159 | 1,349 | |
9901 |
48,598 | 53,305 | 46,752 | 29,739 | 95,145 | |
75/76B |
16,779 | 1,067 | 150 | 152 | 1 | |
75 |
16,779 | 1,067 | 150 | 152 | 1 | |
65/66B |
397 | 1,840 | 2,976 | 683 | 771 | |
65 |
397 | 1,840 | 2,976 | 683 | 771 | |
9903 |
64,981 | 52,532 | 43,926 | 29,208 | 94,375 | |
67/77 |
13,320 | 11,603 | 9,887 | 15,000 | 20,101 | |
9904 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
9905 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
| Appropriation of the result | ||||||
9906 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
791/2 |
219,000 | - | - | - | - | |
691/2 |
51,661 | 40,929 | 34,038 | - | 74,273 | |
6921 |
51,661 | 40,929 | 34,038 | - | 74,273 | |
694/7 |
219,000 | - | - | - | - | |
694 |
219,000 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 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 23-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-02-2026 | 2026-00041926 | |
| 31-12-2024 | micro format | 24-02-2025 | 2025-00038196 | |
| 31-12-2023 | micro format | 15-06-2024 | 2024-00131601 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118454 | |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20065329 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 69,627 | 73,952 | 66,460 | 47,078 | - | ||
| 72,689 | 61,576 | 53,746 | 31,548 | - | ||
| 1,318 | 0 | 5,869 | 97,368 | - | ||
| -70,381 | 16,478 | - | - | - | ||
| -1,131 | 164,323 | 120,423 | 86,781 | 79,273 | ||
| 23.4% | 75.8% | 61.4% | 41.7% | 61.8% | ||
| 0.98 | 5.17 | 3.20 | 2.51 | 2.62 | ||
| 3.27 | 0.32 | 0.63 | 1.40 | 0.62 | ||
| 238.5% | 21.7% | 23.0% | 15.2% | 93.7% | ||
| 55.8% | 16.4% | 14.1% | 6.3% | 57.9% | ||
| over 100 | 40.20 | 22.33 | 68.93 | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,318 | - | €5,869 | €97,368 | - |
| €21,029 | €20,647 | €19,708 | €17,339 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Cedtech
The operating result for 2025 is 9% lower than in 2024.
Debt's share of the balance-sheet total rises from 24.2% to 76.6%. Equity is lower and debt is higher.