CENIM

Absorbed by CENEL KBO/BCE: BE 0427.131.877 subsidiary of Immowe N.V.

Heads the group CENIM 7 companies

See the group

CENIM

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Holdings

own accounts to 30-09-2025, the bar shows equity in euros

This companyCENIM7 holdings, 1 country accounts to 30-09-2025

Belgium 7 Equity Result

BE Censtables99.6%no longer active €4.0m result €166,409
BE Cenbuild €2.8m result -€475,103
BE Cenrent35.71% €623,877 result -€77,480
BE Cenproperties81% €281,907 result -€39,835
BE Vacobel50% €164,096 result €2,776
BE Cenenergy50% €42,325 result -€299,599
BE Cenjor-Invest50% €1,122 result €18,786

Source: list of holdings in its own 30-09-2025 accounts. Every holding stands with its own latest accounts.

Heads the group CENIM Group, risk and exposure

Parent

Immowe N.V.

0450.235.002 · equity €11.0m · profit €28,689 (2025)

Earlier ties

ROYAL ANTWERP FOOTBALL CLUB via Prime Management, at CENIM until 2026 · Director · deed of 31-07-2026 founded in 2011 · negative equity (2025)	118 FTE (2025)
MEEUSEN ANTWERPEN via DONK INVEST (at CENIM until 2022) and GEURTS Alex Marcel Jean-Marie (permanent representative of CENIM) · Director · deed of 31-12-2019 founded in 1979	103 FTE (2025)
European Dairy Company via Prime Management, at CENIM until 2026 · Chair of the board · deed of 27-12-2024 founded in 2024	turnover €1.6m (2025)
VeriSmart via Prime Management, at CENIM until 2026 · Class B director · deed of 10-01-2025 founded in 2024	total assets €67.3m (2026)
PKF Belgium via Pulsed, at CENIM until 2026 · Director (not named in the articles) · deed of 29-08-2024 founded in 2024	total assets €60.0m (2025)
SDM via Prime Management, at CENIM until 2026 · Director · deed of 17-06-2024 founded in 2024	total assets €27.0m (2025)

Show 26 more earlier ties

FOOD INVESTMENT COMPANY via Prime Management, at CENIM until 2026 · Director · deed of 18-05-2022 founded in 2014 · group European Dairy Company	13 FTE (2025)
Belgian Airport Investment Partners via Prime Management, at CENIM until 2026 · Director (not named in the articles) · deed of 06-12-2023 founded in 2023	turnover €1.2m (2025)
NEXIRA via Prime Management, at CENIM until 2026 · Chair of the board · deed of 12-11-2024 founded in 2024	3.5 FTE (2025)
DSAR Holding via Prime Management, at CENIM until 2026 · Class B director · deed of 23-12-2022 founded in 2022	total assets €20.7m (2025)
SDM Advisory via Prime Management (at CENIM until 2026) and DONK INVEST (at CENIM until 2022) · Managing director · deeds of 03-03-2022 and 10-01-2020 founded in 2002	total assets €18.9m (2025)
Signifeye via Prime Management, at CENIM until 2026 · Director · deed of 19-01-2024 founded in 2006	total assets €18.7m (2025)
The Glass Factory via Prime Management, at CENIM until 2026 · Chair · deed of 04-06-2024 founded in 2024	total assets €18.3m (2025)
RMC GROUP via Prime Management, at CENIM until 2026 · Independent director · deed of 31-08-2023 founded in 2023 · group RR IMMO	1.2 FTE (2025)
SDM-Valorum Corporate Finance Group via Prime Management, at CENIM until 2026 · Managing director · deed of 25-01-2024 founded in 2007	total assets €11.4m (2025)
VITAFOR Invest via Prime Management, at CENIM until 2026 · Director · deed of 28-06-2022 founded in 2018	total assets €11.4m (2026)
Hobbyhold via Prime Management (at CENIM until 2026) and DONK INVEST (at CENIM until 2022) · Director · deeds of 27-01-2023 and 13-12-2021 founded in 2021	total assets €9.9m (2025)
The Safety Culture Company via Prime Management, at CENIM until 2026 · Class B director · deed of 22-04-2022 founded in 2022	total assets €6.3m (2025)
VLP-CONSTRUCT via Prime Management, at CENIM until 2026 · Class B director · deed of 07-06-2024 founded in 2024	total assets €5.6m (2025)
SDM-VALORUM via Prime Management, at CENIM until 2026 · Director · deed of 10-07-2026 founded in 2014	16 FTE (2025)
Together We Ride via Prime Management, at CENIM until 2026 · Director and class B director · deed of 20-06-2023 founded in 2023	total assets €4.4m (2025)
CONFITAL via Prime Management, at CENIM until 2026 · Class B director · deed of 13-05-2026 founded in 1968	total assets €3.7m (2025)
BNEXT via Pulsed, at CENIM until 2026 · Director · deed of 22-11-2024 founded in 2024	total assets €1.4m (2025)
EFFICIENT BUSINESS SOLUTIONS via Pulsed, at CENIM until 2026 · Class B director · deed of 02-07-2025 founded in 2020	8.7 FTE (2025)
ADVIOR INTERNATIONAL via Prime Management (at CENIM until 2026) and DONK INVEST (at CENIM until 2022) · Director · deeds of 30-11-2022 and 26-11-2019 founded in 2017	total assets €70,660 (2025)
One Holding via Prime Management, at CENIM until 2026 · Class C director · deed of 08-09-2026	founded in 2026
RR Smart Interieur via Prime Management, at CENIM until 2026 · Class B director · deed of 09-09-2026	founded in 2026
THE THREAD GROUP via Prime Management, at CENIM until 2026 · Chair of the board · deed of 18-12-2025	founded in 2025
Transuniverse Logistics Group via Prime Management, at CENIM until 2026 · Director · deed of 12-10-2026	founded in 2026
Via Partners via Prime Management, at CENIM until 2026 · Class B director · deed of 15-09-2026	founded in 2026
Securio via Prime Management (at CENIM until 2026) and DONK INVEST (at CENIM until 2022) · Director · deeds of 22-04-2022 and 11-12-2019 No longer active	total assets €42.1m (2023)
IFS Holding via Prime Management (at CENIM until 2026) and DONK INVEST (at CENIM until 2022) · Director · deeds of 20-07-2022 and 14-09-2020 No longer active	1 FTE (2024)

Holdings and subsidiaries

7 holdings · 5 subsidiaries, including indirect ones

Share, source and own figures per holding (7)

Source for every holding own accounts 30-09-2025

CENBUILDsubsidiary
Equity €2.8m Loss of €475,103 in 2025 (profit of €210,434 in 2024) Checked score 87
Alsoaccounts CENBUILD 2023

100%
CENSTABLESsubsidiary
Equity €4.0m Profit of €166,409 in 2025 (loss of €1.4m in 2024)
Alsoaccounts CENSTABLES 2023

99.6%
CenPropertiessubsidiary
Equity €281,907 Loss of €39,835 in 2025 (loss of €88,439 in 2024) Checked score 63

81%
CENJOR-INVEST
Equity €1,122 Profit of €18,786 in 2025 (profit of €15,188 in 2024) Checked score 88

50%
VACOBEL
Equity €164,096 Profit of €2,776 in 2025 (loss of €1,386 in 2024) Checked score 83

50%+ 0% via subsidiaries
CenRent
Equity €623,877 Loss of €77,480 in 2025 (loss of €88,213 in 2024) Checked score 91

35.71%
CenEnergy
Equity €42,325 Loss of €299,599 in 2025 (profit of €208,352 in 2024) Checked score 53
Alsoaccounts CenEnergy 2025

10%

All subsidiaries, including indirect ones 5

CENIM or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

CENBUILD 100%
CENSTABLES 99.6%2 subsidiaries
- BC INVEST 100%
- CENINVEST 100%
CenProperties 81%

Holdings through the years 2006 to 2025

Holdings through the years
Name	2006	2009	2011	2012	2014	2016	2017	2018	2019	2020	2022	2023	2024	2025
CENBUILD 2006 to 2011: 45% 2017: 45% 2022 to 2025: 100%	45%						45%				100%
CENSTABLES 2012 to 2022: 99.6% 2023: 100% 2024 to 2025: 99.6%				99.6%								100%	99.6%
CenProperties 2024 to 2025: 81%													81%
CenEnergy 2016 to 2017: 50% 2018: 21.1% 2019: 8.58% 2020 to 2022: 25% 2023 to 2025: 50%						50%		21.1%	8.58%	25%		50%
CENJOR-INVEST 2011 to 2025: 50%			50%
VACOBEL 2012 to 2025: 50%				50%
CenRent 2022 to 2024: 31.25% 2025: 35.71%											31.25%			35.71%
HORSES EVENTS 2009 to 2017: 99% 2018 to 2021: 99.67%		99%						99.67%
CENHOEK 2 2017 to 2019: 100%							100%
CENHOEK 2012 to 2013: 99% 2014 to 2015: 99.99% 2016 to 2019: 99.76%				99%	99.99%	99.76%
MEEUSEN ANTWERPEN 2006 to 2011: 99.86% 2012 to 2015: 99.93% 2016: 99.14% 2017: 90.04% 2018: 90.05%	99.86%			99.93%		99.14%	90.04%	90.05%
ANTWERP MOTO STORE 2006 to 2008: 100% 2009 to 2016: 50%	100%	50%
CENLITH 2011 to 2013: 40%			40%
CENTRAUTO II 2006 to 2011: 99.92% 2012: 99.98%	99.92%			99.98%
C.D.M.J. 2006 to 2007: 13.33%	13.33%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate

Board mandates of CENIMCENIM sits on their board1

CENJOR-INVEST

Director

Founded in 1977 · total assets €81,767 (2025)

Acquisitions and mergers

2 transactions

Took over:HORSES INVEST

BE 0465.847.745operation treated as a merger by absorption · Gazette deed of 07-09-2021 (4 deeds)

Taken over by:CENEL

BE 0771.904.125merger by absorption · Gazette deed of 13-01-2026 (4 deeds) · effective 03-11-2025

Connections & network

2 connected companies

Depth

Shared directorsBundled connections

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

CENEL

via GEURTS Alex Marcel Jean-Marie (permanent representative of CENIM) · Director (not named in the articles) · deed of 04-08-2021

Founded in 2021 · total assets €64.7m (2025) · group IMMOWE

→

Cenconstruct Sint Amands

via GEURTS Alex Marcel Jean-Marie (permanent representative of CENIM) · Director · deed of 17-12-2020

Founded in 2020

→