Cera

Cooperative companyfounded 193591 yrs activeMuntstraat 1, 3000 Leuven, BelgiumKBO/BCE: BE 0403.581.960

Summary

Cera is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.25bn and a net result of €185.4m. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 2413 sector peers (fiscal year 2025). The company has been active since 1935 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

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Signals

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○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 08-06-2026, 53 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

53 d early

2024

43 d early

2023

30 d early

2022

53 d early

2021

47 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

27-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 22 March 1935, Cera was incorporated.¹ The name was changed to Cera in 2004.² In 2013 the registered office moved to Leuven.³ A capital increase in 2013 brought the capital to EUR 37 million.⁴ Of the 3 current board members, Cera Beheersmaatschappij has served longest, since 2007.⁵ Total assets went from EUR 2 billion in 2018 to EUR 3.3 billion in 2025 and headcount from 44 to 45.9 full-time equivalents.⁶

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Financials · fiscal year 2025, full schema, statutory accounts

In the rankings #3 company by equity in Flemish Brabant, Finance and insurance sector #3 company by total assets in Leuven #3 employer in Leuven, Finance and insurance sector

Equity

€3.25bn▲ 4.0%

2024 · €3.13bn

Net result

€185.4m▼ 16.9%

2024 · €223.0m

Total assets

€3.29bn▲ 4.0%

2024 · €3.16bn

Solvency

98.8%▲ 0.1pp

2024 · 98.7%

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€10.5m▲ 37.0%€13.0m▲ 24.1%€14.6m▲ 12.1%€16.8m▲ 15.2%€19.7m▲ 17.3%

Operating result-€23.1m▼ 14.4%-€27.4m▼ 18.3%-€31.5m▼ 15.0%-€34.8m▼ 10.6%-€36.6m▼ 5.2%

Net result€568.6m€340.2m▼ 40.2%€172.2m▼ 49.4%€223.0m▲ 29.5%€185.4m▼ 16.9%

Equity€2.57bn▲ 26.5%€2.84bn▲ 10.5%€2.97bn▲ 4.5%€3.13bn▲ 5.3%€3.25bn▲ 4.0%

Total assets€2.60bn▲ 26.2%€2.88bn▲ 10.6%€3.01bn▲ 4.4%€3.16bn▲ 5.3%€3.29bn▲ 4.0%

Debt€30.9m▲ 8.7%€38.4m▲ 24.5%€37.8m▼ 1.7%€39.6m▲ 4.8%€39.2m▼ 0.9%

Working capital€379.6m▲ 36.6%€421.8m▲ 11.1%€555.0m▲ 31.6%€620.6m▲ 11.8%€689.3m▲ 11.1%

Solvency98.8%▲ 0.2pp98.7%▼ 0.1pp98.7%▲ 0.1pp98.7%=98.8%▲ 0.1pp

Staff (FTE)41.4▼ 0.2%44.3▲ 7.0%45.1▲ 1.8%45.2▲ 0.2%45.9▲ 1.5%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €36.6m in 2025 against €34.8m in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.29bn

77.9%

22.1%

Fixed assets €2.56bn ▲ 2.3%

Current assets €728.3m ▲ 10.4%

Equity and liabilities €3.29bn

98.8%

Equity €3.25bn ▲ 4.0%

Debt €39.2m ▼ 0.9%

Debt's share of the balance-sheet total falls from 1.3% to 1.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

ROE

5.7%▼

2024 · 7.1%

ROA

5.6%▼

2024 · 7.0%

Debt ≤ 1 year

€38.9m▼

2024 · €39.2m

Income taxes

€4,614▼

2024 · €4,727

Staff costs

€9.5m▲

2024 · €9.3m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines

Balance sheet Code20242025

Assets

Total assets20/58€3.16bn€3.29bn▲

Fixed assets21/28€2.51bn€2.56bn▲

Tangible fixed assets22/27€23.0m€22.1m▼

Land and buildings22€20.7m€19.8m▼

Plant, machinery and equipment23€42,436€39,733▼

Furniture and vehicles24€315,410€238,278▼

Other tangible fixed assets26€2.0m€2.0m▲

Financial fixed assets28€2.48bn€2.54bn▲

Affiliated companies280/1€1.78bn€1.84bn▲

Participating interests280€1.78bn€1.84bn▲

Companies linked by participating interests282/3€703.7m€703.7m=

Participating interests282€703.7m€703.7m=

Other financial fixed assets284/8€605,801€781,140▲

Shares284€562,546€737,570▲

Amounts receivable and cash guarantees285/8€43,256€43,570▲

Current assets29/58€659.8m€728.3m▲

Amounts receivable within one year40/41€29.2m€25.3m▼

Trade receivables40€36,955€184,197▲

Other amounts receivable41€29.2m€25.1m▼

Current investments50/53€621.0m€697.0m▲

Other investments51/53€621.0m€697.0m▲

Cash at bank and in hand54/58€2.9m€2.0m▼

Deferred charges and accrued income490/1€6.6m€3.9m▼

Equity and liabilities

Total equity and liabilities10/49€3.16bn€3.29bn▲

Equity10/15€3.13bn€3.25bn▲

Contributions10/11€694.4m€718.1m▲

Reserves13€2.43bn€2.53bn▲

Distributable reserves133€2.43bn€2.53bn▲

Investment grants15€422,679€406,422▼

Amounts payable17/49€39.6m€39.2m▼

Amounts payable within one year42/48€39.2m€38.9m▼

Trade debts44€6.6m€5.8m▼

Suppliers440/4€6.6m€5.8m▼

Taxes, remuneration and social security45€2.4m€2.4m▼

Taxes450/3€368,795€357,667▼

Remuneration and social security454/9€2.1m€2.0m▼

Other amounts payable47/48€30.2m€30.8m▲

Accrued charges and deferred income492/3€377,956€289,929▼

Income statement Code20242025

Operating income70/76A€20.1m€23.0m▲

Turnover70€16.8m€19.7m▲

Other operating income74€3.3m€3.3m▼

Operating charges60/66A€54.9m€59.6m▲

Services and other goods61€44.5m€48.9m▲

Remuneration, social security and pensions62€9.3m€9.5m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€956,860€953,068▼

Other operating charges640/8€174,222€251,304▲

Operating profit (loss)9901-€34.8m-€36.6m▼

Financial income75/76B€258.1m€222.3m▼

Recurring financial income75€258.0m€222.2m▼

Income from financial fixed assets750€237.8m€207.9m▼

Income from current assets751€20.2m€14.3m▼

Other financial income752/9€16,291€16,262▼

Non-recurring financial income76B€91,021€40,401▼

Financial charges65/66B€237,845€227,453▼

Recurring financial charges65€231,825€226,203▼

Other financial charges652/9€231,825€226,203▼

Non-recurring financial charges66B€6,020€1,250▼

Profit (loss) for the period before taxes9903€223.0m€185.4m▼

Income taxes67/77€4,727€4,614▼

Taxes670/3€4,727€4,614▼

Profit (loss) for the period9904€223.0m€185.4m▼

Profit (loss) for the period to be appropriated9905€223.0m€185.4m▼

Appropriation of the result

Profit (loss) to be appropriated9906€223.0m€185.4m▼

Transfer to equity691/2€195.6m€157.3m▼

To other reserves6921€195.6m€157.3m▼

Profit to be distributed694/7€27.4m€28.2m▲

Return on contributions (dividend)694€27.4m€28.2m▲

Social balance

Average headcount (FTE)908745.245.9▲

The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€13.0m	€16.1m	€17.5m	€20.1m	€23.0m	▲ 14.1%
Turnover70	€10.5m	€13.0m	€14.6m	€16.8m	€19.7m	▲ 17.3%
Other operating income74	€2.6m	€3.1m	€2.9m	€3.3m	€3.3m	▼ 2.0%
Operating charges60/66A	€36.2m	€43.5m	€49.0m	€54.9m	€59.6m	▲ 8.5%
Services and other goods61	€28.0m	€34.1m	€38.5m	€44.5m	€48.9m	▲ 9.8%
Remuneration, social security and pensions62	€7.1m	€8.2m	€9.4m	€9.3m	€9.5m	▲ 2.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€994,286	€1.0m	€953,633	€956,860	€953,068	▼ 0.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	-	€1,645	-	-	-
Other operating charges640/8	€128,899	€123,424	€114,092	€174,222	€251,304	▲ 44.2%
Non-recurring operating charges66A	-	€33,095	-	-	-	-
Operating profit (loss)9901	-€23.1m	-€27.4m	-€31.5m	-€34.8m	-€36.6m	▼ 5.2%
Financial income75/76B	€596.7m	€368.9m	€203.8m	€258.1m	€222.3m	▼ 13.9%
Recurring financial income75	€137.1m	€368.8m	€203.7m	€258.0m	€222.2m	▼ 13.9%
Income from financial fixed assets750	€137.1m	€368.8m	€191.2m	€237.8m	€207.9m	▼ 12.6%
Income from current assets751	-	-	€12.5m	€20.2m	€14.3m	▼ 29.0%
Other financial income752/9	€41,474	€16,324	€22,393	€16,291	€16,262	▼ 0.2%
Non-recurring financial income76B	€459.5m	€43,324	€58,189	€91,021	€40,401	▼ 55.6%
Financial charges65/66B	€4.9m	€1.3m	€107,946	€237,845	€227,453	▼ 4.4%
Recurring financial charges65	€54,864	€1.3m	€107,946	€231,825	€226,203	▼ 2.4%
Other financial charges652/9	€54,864	€1.3m	€107,946	€231,825	€226,203	▼ 2.4%
Non-recurring financial charges66B	€4.9m	-	-	€6,020	€1,250	▼ 79.2%
Profit (loss) for the period before taxes9903	€568.6m	€340.2m	€172.2m	€223.0m	€185.4m	▼ 16.9%
Income taxes67/77	€4,974	€5,239	€5,183	€4,727	€4,614	▼ 2.4%
Taxes670/3	€4,974	€5,239	€5,183	€4,727	€4,614	▼ 2.4%
Profit (loss) for the period9904	€568.6m	€340.2m	€172.2m	€223.0m	€185.4m	▼ 16.9%
Profit (loss) for the period to be appropriated9905	€568.6m	€340.2m	€172.2m	€223.0m	€185.4m	▼ 16.9%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€2.60bn	€2.88bn	€3.01bn	€3.16bn	€3.29bn	▲ 4.0%
Fixed assets21/28	€2.19bn	€2.42bn	€2.41bn	€2.51bn	€2.56bn	▲ 2.3%
Tangible fixed assets22/27	€25.6m	€24.6m	€23.8m	€23.0m	€22.1m	▼ 3.8%
Land and buildings22	€23.1m	€22.2m	€21.5m	€20.7m	€19.8m	▼ 4.0%
Plant, machinery and equipment23	€81,734	€32,352	€22,328	€42,436	€39,733	▼ 6.4%
Furniture and vehicles24	€596,352	€487,899	€391,667	€315,410	€238,278	▼ 24.5%
Other tangible fixed assets26	€1.8m	€1.9m	€1.9m	€2.0m	€2.0m	▲ 1.5%
Financial fixed assets28	€2.17bn	€2.39bn	€2.39bn	€2.48bn	€2.54bn	▲ 2.4%
Affiliated companies280/1	€1.78bn	€1.76bn	€1.76bn	€1.78bn	€1.84bn	▲ 3.3%
Participating interests280	€1.78bn	€1.76bn	€1.76bn	€1.78bn	€1.84bn	▲ 3.3%
Companies linked by participating interests282/3	€388.0m	€633.7m	€633.7m	€703.7m	€703.7m	=
Participating interests282	€388.0m	€633.7m	€633.7m	€703.7m	€703.7m	=
Other financial fixed assets284/8	€240,702	€310,578	€405,039	€605,801	€781,140	▲ 28.9%
Shares284	€237,500	€237,500	€362,518	€562,546	€737,570	▲ 31.1%
Amounts receivable and cash guarantees285/8	€3,202	€73,078	€42,521	€43,256	€43,570	▲ 0.7%
Current assets29/58	€409.9m	€459.8m	€592.4m	€659.8m	€728.3m	▲ 10.4%
Amounts receivable within one year40/41	€11.6m	€45.6m	€22.7m	€29.2m	€25.3m	▼ 13.4%
Trade receivables40	€72,991	€60,485	€109,000	€36,955	€184,197	▲ 398%
Other amounts receivable41	€11.5m	€45.6m	€22.6m	€29.2m	€25.1m	▼ 14.0%
Current investments50/53	-	-	€562.3m	€621.0m	€697.0m	▲ 12.2%
Other investments51/53	-	-	€562.3m	€621.0m	€697.0m	▲ 12.2%
Cash at bank and in hand54/58	€397.6m	€413.9m	€1.9m	€2.9m	€2.0m	▼ 30.6%
Deferred charges and accrued income490/1	€635,969	€358,626	€5.5m	€6.6m	€3.9m	▼ 40.4%
Equity and liabilities
Total equity and liabilities10/49	€2.60bn	€2.88bn	€3.01bn	€3.16bn	€3.29bn	▲ 4.0%
Equity10/15	€2.57bn	€2.84bn	€2.97bn	€3.13bn	€3.25bn	▲ 4.0%
Contributions10/11	€666.0m	€654.0m	€677.4m	€694.4m	€718.1m	▲ 3.4%
Reserves13	€1.91bn	€2.19bn	€2.29bn	€2.43bn	€2.53bn	▲ 4.2%
Distributable reserves133	€1.91bn	€2.19bn	€2.29bn	€2.43bn	€2.53bn	▲ 4.2%
Investment grants15	€471,449	€455,192	€438,935	€422,679	€406,422	▼ 3.8%
Amounts payable17/49	€30.9m	€38.4m	€37.8m	€39.6m	€39.2m	▼ 0.9%
Amounts payable within one year42/48	€30.3m	€38.0m	€37.3m	€39.2m	€38.9m	▼ 0.7%
Trade debts44	€3.9m	€5.0m	€5.0m	€6.6m	€5.8m	▼ 11.5%
Suppliers440/4	€3.9m	€5.0m	€5.0m	€6.6m	€5.8m	▼ 11.5%
Taxes, remuneration and social security45	€1.8m	€2.1m	€2.5m	€2.4m	€2.4m	▼ 3.2%
Taxes450/3	€266,119	€313,850	€338,352	€368,795	€357,667	▼ 3.0%
Remuneration and social security454/9	€1.6m	€1.8m	€2.1m	€2.1m	€2.0m	▼ 3.2%
Other amounts payable47/48	€24.6m	€30.9m	€29.9m	€30.2m	€30.8m	▲ 1.9%
Accrued charges and deferred income492/3	€582,854	€398,706	€442,285	€377,956	€289,929	▼ 23.3%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€568.6m	€340.2m	€172.2m	€223.0m	€185.4m	▼ 16.9%
+ Depreciation and write-downs630	€994,286	€1.0m	€953,633	€956,860	€953,068	▼ 0.4%
Operating cash flow (approximation)	€569.6m	€341.2m	€173.2m	€224.0m	€186.4m	▼ 16.8%
Investment in fixed assets (approximation)	-	-€227.6m	€4.5m	-€92.2m	-€58.5m	▲ 36.6%
Change in cash	-	€16.2m	-€412.0m	€1.0m	-€899,794	▼ 186%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 37Financial 3Gazette 24Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-07

State Gazette act Resignation: Cera Beheersmaatschappij NV (lid van het comité van het dagelijks bestuur)

Permanent representatives: Frederik Vandepitte and Marc De Ceuster4 facts ▸

Director resignation, Cera Beheersmaatschappij NV (lid van het comité van het dagelijks bestuur)
Permanent representative, Frederik Vandepitte (permanent representative)
Board meeting, 16-06-2026
Permanent representative, Marc De Ceuster (permanent representative)

08-06

NBB filing Annual accounts filed

fiscal year 2025 · consolidated

08-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-07

State Gazette act Resignation: KPMG Bedrijfsrevisoren BV (statutory auditor)

Appointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: Damien Walgrave and Frederik Vandepitte5 facts ▸

General meeting, 14-06-2025
Director resignation, KPMG Bedrijfsrevisoren BV (statutory auditor)
Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
Permanent representative, Damien Walgrave
Permanent representative, Frederik Vandepitte

18-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

18-06

NBB filing Annual accounts filed

fiscal year 2024 · consolidated

2024

01-07

NBB filing Annual accounts filed

fiscal year 2023 · consolidated

01-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

05-01

State Gazette act Appointment: Frederik VANDEPITTE (lid van het comité van dagelijks bestuur)

Permanent representative: Frederik VANDEPITTE6 facts ▸

Board meeting, 15-12-2023
Director appointment, Frederik VANDEPITTE (lid van het comité van dagelijks bestuur)
Board composition, Marc DE CEUSTER (lid van het comité van dagelijks bestuur)
Board composition, Franky DEPICKERE (lid van het comité van dagelijks bestuur)
Board composition, Frederik VANDEPITTE (lid van het comité van dagelijks bestuur)
Permanent representative, Frederik VANDEPITTE

2023

22-06

NBB filing Annual accounts filed

fiscal year 2022 · consolidated

08-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

15-05

State Gazette act Appointment: Marc DE CEUSTER (lid van het comité van dagelijks bestuur)

Resignation: Katelijn CALLEWAERT (lid van het comité van dagelijks bestuur) · Permanent representative: Franky DEPICKERE6 facts ▸

Board meeting, 28-04-2023
Director appointment, Marc DE CEUSTER (lid van het comité van dagelijks bestuur)
Director resignation, Katelijn CALLEWAERT (lid van het comité van dagelijks bestuur)
Board composition, Franky DEPICKERE (lid van het comité van dagelijks bestuur)
Board composition, Marc DE CEUSTER (lid van het comité van dagelijks bestuur)
Permanent representative, Franky DEPICKERE

Show earlier events

2022

18-07

State Gazette act Appointment: Cera Beheersmaatschappij (statutory director)

Statutes amendment · Capital · Mandate compensation5 facts ▸

General meeting, 11-06-2022
Statutes amendment, 6
Capital, €36.500.000
Director appointment, Cera Beheersmaatschappij (statutory director)
Mandate compensation, Cera Beheersmaatschappij

12-07

State Gazette act Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)

Permanent representative: Kenneth Vermeire3 facts ▸

General meeting, 11-06-2022
Auditor reappointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
Permanent representative, Kenneth Vermeire

14-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

14-06

NBB filing Annual accounts filed

fiscal year 2021 · consolidated

2021

31-12

Financial Back to profitnet €568.6m

Net result €568.6m after one loss-making year.

31-12

Financial Equity above €2.5bnEq €2.57bn ▲26.5%

Equity rises from €2.03bn to €2.57bn.

22-06

State Gazette act Purpose · Statutes amendment · Legal-form change · Miscellaneous

Purpose change · Reserve release · Capital9 facts ▸

General meeting, 04-06-2021
Purpose change, Wijziging van het voorwerp: opname van advies- en opleidingsactiviteiten
Reserve release, Onbeschikbare eigen vermogensrekening (voormalige wettelijke reserve) beschikbaar gemaakt en toegevoegd aan beschikbare reserves
Capital, €36.500.000
Statutes amendment
Share value, 6.2, 24.79
Share exit entitlement, Per D-aandeel bij uittreding: 4,2 aandelen KBC Ancora plus uitkering in geld gelijk aan het verschil tussen netto-dividenden na belasting op die aandelen sinds…
Liquidation distribution, Het nadien overblijvende liquidatiesaldo wordt toegekend aan bestaande of nog op te richten fondsen beheerd door de Koning Boudewijnstichting, het Rode Kruis, U…
Supermajority requirement, Minstens 90% van de uitgebrachte stemmen vereist voor: ontbinding, wijziging verankeringsopdracht (KBC Groep), afzetting Cera Beheersmaatschappij als statutaire…

2020

31-12

Financial Weakest financial yearnet -€20.2m

Net result drops to -€20.2m, the lowest in the series; recovery starts the following year.

07-07

State Gazette act Permanent representative: Kenneth Vermeire

Permanent representative resignation2 facts ▸

Permanent representative, Kenneth Vermeire
Permanent representative resignation, algemene vergadering die zich zal uitspreken over de jaarrekeningen afgesloten op 31 december 2019

2019

11-07

State Gazette act Reappointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)

Permanent representative: Olivier Macq3 facts ▸

General meeting, 08-06-2016
Auditor reappointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative, Olivier Macq

24-01

State Gazette act Permanent representative: Franky Depickere

Statutes amendment · Power of attorney · Accounting effect6 facts ▸

General meeting, 09-06-2018
Board meeting, 19-10-2018
Statutes amendment
Power of attorney, Cera Beheersmaatschappij NV
Accounting effect, 01-01-2019
Permanent representative, Franky Depickere

2018

03-07

State Gazette act Statutes amendment

2 facts ▸

General meeting, 09-06-2018
Statutes amendment

2017

13-12

State Gazette act Permanent representative: Franky Depickere

Registered-office move3 facts ▸

Board meeting, 24/11/2017
Registered-office move, Muntstraat 1, 3000 Leuven
Permanent representative, Franky Depickere

2016

18-07

State Gazette act Reappointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)

Permanent representative: Olivier Macq · Appointment: Katelijn Callewaert (lid van het comité van dagelijks bestuur) · Resignation: Luc Discry (lid van het comité van dagelijks bestuur)6 facts ▸

General meeting, 04-06-2016
Auditor reappointment, KPMG Bedrijfsrevisoren CVBA
Permanent representative, Olivier Macq
Board meeting, 24-06-2016
Director appointment, Katelijn Callewaert (lid van het comité van dagelijks bestuur)
Director resignation, Luc Discry (lid van het comité van dagelijks bestuur)

2015

06-07

State Gazette act Statutes amendment

2 facts ▸

General meeting, 06-06-2015
Statutes amendment

2013

21-10

State Gazette act Registered office · Statutes amendment

Registered-office move · Capital5 facts ▸

General meeting, 28-09-2013
Board meeting, 20-09-2013
Registered-office move, 3000 Leuven, Mgr. Ladeuzeplein 15
Statutes amendment
Capital, €36.500.000

16-10

State Gazette act Appointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)

Permanent representative: Olivier Macq3 facts ▸

General meeting, 28-09-2013
Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative, Olivier Macq

05-07

State Gazette act Capital & shares · Statutes amendment

Capital increase · Reserve release · Capital5 facts ▸

General meeting, 26-06-2013
Capital increase, €32.500.000
Reserve release, vermindering van de wettelijke reserves met eenzelfde bedrag
Capital, €36.500.000
Statutes amendment

2012

05-01

State Gazette act Statutes amendment

2 facts ▸

General meeting
Statutes amendment

2010

18-08

State Gazette act Reappointment: KPMG (Klynveld Peat Marwick Goerdeler), bedrijfsrevisoren CVBA (statutory auditor)

Permanent representative: Eric Clinck3 facts ▸

General meeting, 12-06-2010
Auditor reappointment, KPMG (Klynveld Peat Marwick Goerdeler), bedrijfsrevisoren CVBA
Permanent representative, Eric Clinck

2007

17-07

State Gazette act Appointment: Cera Beheersmaatschappij (statutory manager)

Statutes amendment4 facts ▸

General meeting, 09-06-2007
Statutes amendment, 6
Statutes amendment, 7
Director appointment, Cera Beheersmaatschappij (statutory manager)

2006

03-07

State Gazette act Permanent representative: Franky Cyriel Depickere

Resignation: Rik Donckels (director) · Appointment: Franky Cyriel Depickere (director)5 facts ▸

Board meeting, 16-05-2006
Permanent representative, Franky Cyriel Depickere
Director resignation, Rik Donckels
Director resignation, Rik Donckels
Director appointment, Franky Cyriel Depickere

03-07

State Gazette act Resignation: KPMG (Klynveld Peat Marwick Goeder) (statutory auditor)

Reappointment: KPMG (Klynveld Peat Marwick Goeder) (statutory auditor) · Permanent representative: Theo Erauw4 facts ▸

General meeting, 12-06-2004
Director resignation, KPMG (Klynveld Peat Marwick Goeder) (statutory auditor)
Auditor reappointment, KPMG (Klynveld Peat Marwick Goeder) (statutory auditor)
Permanent representative, Theo Erauw

2005

31-03

State Gazette act Capital & shares · Statutes amendment

Purpose change3 facts ▸

General meeting, 14-02-2005
General meeting, 01-03-2005
Purpose change, De vennootschap heeft enerzijds tot doel alle financiële verrichtingen, zoals, doch niet beperkt tot: (1) de verwerving, door inschrijving, inbreng, bijdrage, f…

2004

08-07

State Gazette act Capital & shares · Statutes amendment

Name change8 facts ▸

General meeting, 12-06-2004
Name change, Cera
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

24 of 24 acts read

Directors · office · real estate

Directors

1 director, 2 in day-to-day management, no change since 2026

Board 1

Cera Beheersmaatschappij

Statutory director · since 09-06-2007 · Legal entity

Current

1 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Franky Cyriel Depickere

Director · since 15-09-2006

Not recently confirmed

Day-to-day management 2

Marc DE CEUSTER

Lid van het comité van dagelijks bestuur · since 18-05-2023

Current

Frederik Vandepitte

Lid van het comité van dagelijks bestuur · since 01-02-2024

Current

Statutory auditor 1

BV PwC Bedrijfsrevisoren

Statutory auditor · since 14-06-2025 · perm. rep.: Damien Walgrave

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Leuven · 1 establishment unit since 2001

seat establishment The establishment unit on the map

Ground area

1,663 m²

Building footprint

1,598 m²

Parcel 24502B0852/00S000, Flanders. Linked by address, not a title deed.

8 companies at this address See who is registered here

1 establishment unit

Cera

Muntstraat 1, 3000 LeuvenNACE 74151

since 20012.147.582.770

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24502B0852/00S000 ProtectedMonumentHotel d'EynattenSource ↗	Flanders	1,663 m²	1 · 1,597 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

10 people since 2004, 5 in office

All 10 In office 5 Ended 5

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Cera Beheersmaatschappij	Statutory manager, from 09-06-2007 to date
Marc DE CEUSTER	Lid van het comité van dagelijks bestuur, from 18-05-2023 to date
Frederik Vandepitte	Lid van het comité van dagelijks bestuur, from 01-02-2024 to date
BV PwC Bedrijfsrevisoren	Statutory auditor, from 14-06-2025 to date
Franky Cyriel Depickere	Board, from 15-09-2006 not ended, last confirmed 03-07-2006
CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTION	Lid van het comité van het dagelijks bestuur, until 16-06-2026
KPMG Bedrijfsrevisoren CVBA	Statutory auditor, from 12-06-2004 to 14-06-2025
Katelijn Callewaert	Lid van het comité van dagelijks bestuur, from 03-08-2016 to 18-05-2023
Luc Discry	Lid van het comité van dagelijks bestuur, until 03-08-2016
Rik Donckels	Board, until 14-09-2006

See the board, name and seat on a given date →

Articles of association

Purpose

Alle financiële verrichtingen, zoals de verwerving, beheer en verkoop van aandelen, obligaties of andere effecten; deelname in het beheer en beleid van vennootschappen, in het…

Full purpose

Alle financiële verrichtingen, zoals de verwerving, beheer en verkoop van aandelen, obligaties of andere effecten; deelname in het beheer en beleid van vennootschappen, in het bijzonder KBC Groep; coöperatieve finaliteit: samen investeren in welvaart en welzijn; verspreiding van het coöperatieve gedachtegoed; cliëntenbeweging voor vennoten.

according to the deed of 18-07-2022

Structure & network

Owners and holdings

1 owner · 3 holdings

Chain of control

Cera Ancora 100%
CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTION 100%
Cera

Highest known parent: Cera Ancora. The sources do not say who stands above it.

Owners 1

CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTIONparent

Sourceaccounts CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTION 2025

100%

Holdings 3

KBC ANCORAsubsidiary

Sourceown accounts 2025 accounts KBC ANCORA 30-06-2025
Equity €3.53bnResult €315.4m

52.17%
BRS MICROFINANCE COOP

Sourceown accounts 2025
Equity €22.0mResult €559,063

45.58%
KBC Groep

Sourceown accounts 2025
Equity €25.40bnResult €3.57bn

3.96%+ 18.56% via subsidiaries

According to the 2025 annual accounts of Cera and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

11 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

CBC Banque

via Marc DE CEUSTER · Administrateur non exécutif

→

KBC ASSURANCES

via Marc DE CEUSTER and Frederik Vandepitte · Director

→

KBC Bank

via Marc DE CEUSTER · Director

→

KBC Global Services

via Marc DE CEUSTER · Lid van de raad van toezicht

→

Show 7 more companies with a shared director

ALMANCORA

via Frederik Vandepitte · A bestuurder en lid van het comité van het dagelijks bestuur

former→

ALMANCORA BEHEERSMAATSCHAPPIJ

via Frederik Vandepitte · Class A director

former→

Cera Ancora

via Frederik Vandepitte · A bestuurder en lid van het comité van het dagelijks bestuur

former→

K.N.C.

via Marc DE CEUSTER · Director

former→

KBC ASSET MANAGEMENT

via Frederik Vandepitte · Director

former→

Stuk Kunstencentrum

via Frederik Vandepitte · Director

former→

PricewaterhouseCoopers Business Advisory Services

Shared director

→

Ownership & control

1 board mandate

Board mandates of this companythis company sits on their board1

Les Fondations.be, Fédération Belge des Fondations Philanthropiques, asbl.

1 location

Capital and shareholders

Capital over the years

18-07-2022 Capital stated in 3 acts · 36,500,000 EUR
05-07-2013 Capital increase of 32,500,000 EUR · to 36,500,000 EUR

Recognitions · licences · registrations

Food safety, FASFC

1 site

Leuven2.147.582.770

2 permissions

Ambulante detailhandel LM>3 maand · since 05-10-2023

Detailhandel LM>3 maand · since 05-05-2023

Legal Entity Identifier

549300I1S80UFFUC0493

live in the LEI register

Similar companies · same sector, comparable size

Titan America

BE 1011.751.174

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PILINVEST PARTICIPATIONS

BE 0660.696.593

Brussel · Eq €3.08bn

COMPAGNIE BENELUX PARTICIPATIONS

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formCooperative company

Founded22-03-1935

Fiscal year end31-12

Trade name NL Lijst overgenomen CERA-vennootschappen zie BS 08-04-98 NR 69 blz. 10717

Activities, NACEBEL 2025

64210Activities of holding companies

47621Retail sale of newspapers and periodicals

90393Specialised image, lighting and sound technical services

E-invoicing

Reachable via Peppol

Peppol ID 0208:0403581960

Also 9925:BE0403581960

Registered 16-01-2025

Scores and ratios are computed by Checked and are not a credit decision.