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CEGEKA GROEP

Active Public limited companyfounded 1992active for 34 yearsKempische steenweg 307, 3500 HasseltKBO/BCE: BE 0448.621.832 subsidiary of Cegeka Holding#1 employer in Limburg, Telecoms and IT sector
Part of the group ANSA 39 companies in 11 countries
See the group

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1993
Turnoverpeak €117.6m (2025)
€117.6m▲ 7.4%
Resultlowest -€215,295 (2014)
€32.9m▲ 41.4%
Equitypeak €59.7m (2025)
€59.7m▲ 62.0%
Debts
€248.0m▼ 14.2%
Staffpeak 415.5 FTE (2024)
403 FTE▼ 3.0%
Board19 names since 2010all names
10 directorsEsdacon and 9 others
Owners3 names in the annual accounts
100%Cegeka Holding
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Result from €23.2m to €32.9m1 director appointed, 1 resignation 18-088 directors reappointed 24-04Dividend €10.0mEquity from €36.9m to €59.7mInvestments €5.3m

Key points

from the 2025 annual accounts

Equity

€59.7m ▲ 62.0%
€37m2024€60m2025

Equity rose in 2025 from €36.9m to €59.7m.

Debts

€248.0m 81% of the balance sheet
Financial debts 52%Suppliers 6%Taxes and wages 3%Other 38%

Of this, €152.8m falls due within a year.

Filings

32 annual accounts 54 filings since 1993
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 21 to 43 days before the end of the period.

Restructuring

2
  • 01-06-2024 contribution to nexuzhealth
  • 11-08-2026 merger with CEGEKA

2 restructurings since 2024. Latest: merger with CEGEKA.

Board

7 left

Directors left. Latest change 01-01-2026 · 5 in office.

Public support

€10.1m awarded from 2022 to 2025
2022202320242025

EU support, mostly DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions.

Checked score

85
Excellent
Financially stronger than 39% of all companies
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 7 companies (NACE 63, large).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.4%● unchanged vs 11-2025highest value 01-2026: 0.4%● unchanged vs 12-2025highest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.3%▼ -0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Weak

Solvency
44+8equity 19.4% of total assets
Liquidity
26-3short-term debt 49.7% · cash 0.8%
Profitability
35-2return on assets 10.7%

Score breakdown

raises risk
Liquidity: current ratio 0.67, cash €2.5m, halved
Equity €59.7m (19.4% of total assets)
6 establishment units
lowers risk
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 31% of them on solvency, 21% on liquidity, 23% on profitability and 82% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €5,050,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.67 (0.76 in 2024), below 1. Short-term debt is 49.7% and cash 0.8% of total assets. 80.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.67, cash €2.5m, halved
NBB · annual accounts
raises risk · Equity €59.7m (19.4% of total assets)
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
raises risk · 6 establishment units
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
37 days early
2024
43 days early
2023
29 days early
2022
21 days early
2021
31 days early
2020
37 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

IN
ID&D NV
Managing director, Stijn Bijnens
E
Director, Stephan Daems, since 16-11-2010
S
Director, André Knaepen, since 25-08-2016
TB
Tovi BV
Director, Tom Knaepen, since 04-06-2024
AI
Director, André Knaepen, since 03-06-2025
EB
EY Bedrijfsrevisoren
Auditor, Stefan Olivier
  • Cegeka Holding 100%equity €272.5m (2025) · annual accounts 2025
  • Cegeka Holding nv consolidatesannual accounts 2025

Shares in 12 companies, including Cegeka Deutschland G.m.b.H. and Cegeka Development srl

Board & ownership

Recent changes

Merger: CEGEKA GROEP takes over CEGEKA General meeting of 30-07-2026 · Gazette deed
Merger proposal: CEGEKA GROEP takes over CEGEKA Gazette deed
7 directors resigning CEPHOLLI NV, ANSA NV, WKC BV, Cegeka Holding NV, HAFIN CONSULT BV, Tom Van de Voorde and 1 other · General meeting of 08-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0448621832
All 83 events

Comparable companies

same main activity, similar in size and age
Company Turnover EBIT margin Solvency Staff
CEGEKA GROEP Hasselt €117.6m 3.6% 19.4% 403
SAP BELGIUM - SYSTEMS APPLICATIONS AND PRODUCTS Machelen (Brab.) €536.0m 7.3% 7.8% 300.7
NETWORK RESEARCH BELGIUM Herstal €356.7m 6.0% 67.3% 915
Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex Etterbeek €103.5m 8.7% 26.0% 440.6
International Business Machines of Belgium Brussels €496.0m 11.1% 46.0% 539.9
ORANGE BUSINESS BELGIUM Evere €67.0m 2.6% 20.5% 134.1
CLARIVATE ANALYTICS (BELGIUM) Antwerp €27.4m 11.2% 9.4% 121.7
-10%0%10%20%€50,000€500,000€5m€50m€500mCEGEKA GROEPEBIT margin

Grey: the largest companies of the sector (computing infrastructure and information services (NACE 63)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as CEGEKA GROEP: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €60m and €371m, founded between 1936 and 1990.

Official details

Source: KBO
Status
Active since 03-11-1992Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.059.724.0313500 Hasselt, since 01-12-1992
2.236.975.9903001 Leuven, since 14-10-2014and 4 others
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

Total assets
€307.7m▼ 5.6%
Employeeson 31-12-2025
416▼ 1.2%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Companies linked to CEGEKA GROEP

Parent and group

Insights on CEGEKA GROEP

CEGEKA GROEP has existed since 1992. Turnover grew from €23.1m in 2006 to €117.6m in 2025 and staff from 233.8 to 403 full-time equivalents.

Turnover has grown every year since 2014. Solvency rose in 2025 from 11.3% to 19.4% because of the retained profit and lower debts.

Cegeka Holding holds all the shares. In January 2026, six directors stepped down. In April 2025, the Official Gazette published the appointment of ID&D NV as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CEGEKA GROEP

What is the company number of CEGEKA GROEP?
The company number of CEGEKA GROEP is 0448.621.832. The VAT number is the same number with BE in front: BE 0448.621.832.
Where is CEGEKA GROEP based?
The registered office is at Kempische steenweg 307, 3500 Hasselt.Company details
What does CEGEKA GROEP do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of CEGEKA GROEP?
CEGEKA GROEP is a public limited company (NV).
When was CEGEKA GROEP founded?
CEGEKA GROEP was founded on 03-11-1992.
Is CEGEKA GROEP still active?
Yes, CEGEKA GROEP is an active enterprise in the KBO register.
How many employees does CEGEKA GROEP have?
CEGEKA GROEP had an average of 403 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CEGEKA GROEP fall under?
In its 2025 annual accounts, CEGEKA GROEP states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of CEGEKA GROEP?
The turnover of CEGEKA GROEP was €117.6m in financial year 2025, according to the filed annual accounts.
Is CEGEKA GROEP profitable?
In financial year 2025, CEGEKA GROEP made a profit of €32.9m.
Where can I find the annual accounts of CEGEKA GROEP?
CEGEKA GROEP filed 54 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CEGEKA GROEP due?
CEGEKA GROEP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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