CEZAR CONCEPT
Annual accounts 2025
abbreviated format, filed on 23-06-2026, 38 days before the deadline€18,644
▲ 22.5%
€5,462
▲ 147%
€17,530
▲ 22.7%
€16,576
▲ 23.6%
86.1%
▲ 19.5 percentage points
5.43
▲ 3.56
Balance sheet
balance sheet total €50,648 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
86.1%
Higher than 90% of 285 companies in 2025.
5.43
Higher than 85% of 274 companies in 2025.
8.9%
Higher than 76% of 281 companies in 2025.
CEZAR CONCEPT
Middle half of the sector
80% of the sector
Abbreviated accounts in furniture (NACE 31)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
50,648 | 58,676 | 66,178 | 91,245 | 70,287 | 78,930 | 77,775 | 104,825 | 71,051 | 77,194 | 90,143 | 97,604 | 45,545 | 27,400 | 33,230 | 44,912 | 54,266 | |
21/28 |
13,466 | 25,535 | 37,603 | 49,672 | 42 | 25,050 | 37,554 | 50,059 | 9,817 | 19,593 | 29,368 | 39,143 | 42 | 7,442 | 14,842 | 22,513 | 30,217 | |
22/27 |
13,424 | 25,493 | 37,561 | 49,630 | 0 | 25,008 | 37,513 | 50,017 | 9,775 | 19,551 | 29,326 | 39,102 | 0 | 7,400 | 14,800 | 22,471 | 30,142 | |
24 |
13,424 | 25,493 | 37,561 | 49,630 | - | 25,008 | 37,513 | 50,017 | 9,775 | 19,551 | 29,326 | 39,102 | 0 | 7,400 | 14,800 | 22,471 | 30,142 | |
28 |
42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 75 | |
29/58 |
37,182 | 33,141 | 28,575 | 41,573 | 70,245 | 53,880 | 40,220 | 54,766 | 61,234 | 57,602 | 60,775 | 58,460 | 45,503 | 19,958 | 18,388 | 22,400 | 24,049 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
40/41 |
9,295 | 6,776 | 10,913 | 13,466 | 19,887 | 12,911 | 14,803 | 12,925 | 17,367 | 14,577 | 9,351 | 11,700 | 9,668 | 8,311 | 10,393 | 8,768 | 8,511 | |
40 |
7,200 | 6,776 | 6,776 | 11,096 | 13,207 | 9,941 | 10,158 | 11,454 | 15,858 | 13,292 | 7,962 | 10,237 | 9,668 | 7,835 | 9,727 | 8,730 | 8,470 | |
41 |
2,095 | 0 | 4,137 | 2,370 | 6,680 | 2,969 | 4,645 | 1,471 | 1,509 | 1,285 | 1,390 | 1,463 | 0 | 477 | 666 | 38 | 41 | |
54/58 |
27,888 | 26,365 | 17,662 | 28,107 | 50,358 | 40,970 | 25,417 | 41,841 | 43,867 | 43,025 | 51,424 | 46,761 | 35,835 | 11,647 | 7,995 | 13,632 | 15,537 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
50,648 | 58,676 | 66,178 | 91,245 | 70,287 | 78,930 | 77,775 | 104,825 | 71,051 | 77,194 | 90,143 | 97,604 | 45,545 | 27,400 | 33,230 | 44,912 | 54,266 | |
10/15 |
43,583 | 39,075 | 37,735 | 43,682 | 52,031 | 43,455 | 45,300 | 48,875 | 48,822 | 46,271 | 46,180 | 45,964 | 32,257 | 16,904 | 25,454 | 22,948 | 22,030 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
20,000 | 17,000 | 17,000 | 23,000 | 32,000 | 22,000 | 22,000 | 22,000 | 22,000 | 22,000 | 22,000 | 22,000 | 12,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
130/1 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | 0 | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
20,000 | 17,000 | 17,000 | 21,000 | 30,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 10,000 | - | - | - | - | |
14 |
3,583 | 2,075 | 735 | 682 | 31 | 1,455 | 3,300 | 6,875 | 6,822 | 4,271 | 4,180 | 3,964 | 257 | -5,096 | 3,454 | 948 | 30 | |
17/49 |
7,065 | 19,600 | 28,443 | 47,562 | 18,256 | 35,475 | 32,474 | 55,949 | 22,229 | 30,923 | 43,964 | 51,640 | 13,288 | 10,497 | 7,775 | 21,964 | 32,236 | |
17 |
0 | 1,690 | 11,789 | 21,813 | 0 | 4,046 | 16,133 | 28,145 | 0 | 3,085 | 15,310 | 27,354 | - | - | - | 12,893 | 12,893 | |
170/4 |
0 | 1,690 | 11,789 | 21,813 | 0 | 4,046 | 16,133 | 28,145 | 0 | 3,085 | 15,310 | 27,354 | - | - | - | 12,893 | 12,893 | |
42/48 |
6,845 | 17,698 | 16,405 | 25,558 | 18,256 | 31,430 | 16,341 | 27,804 | 22,229 | 27,838 | 28,653 | 24,287 | 13,288 | 10,311 | 7,775 | 9,071 | 18,753 | |
42 |
1,690 | 10,098 | 10,024 | 9,951 | - | 12,087 | 12,012 | 11,938 | 4,075 | 13,215 | 12,043 | 11,864 | - | 0 | 2,625 | - | 9,907 | |
44 |
261 | 506 | 705 | 562 | 4,414 | 7,369 | 282 | 6,608 | 4,993 | 415 | 7,123 | 210 | 2,434 | 1,235 | 120 | 468 | 136 | |
440/4 |
261 | 506 | 705 | 562 | 4,414 | 7,369 | 282 | 6,608 | 4,993 | 415 | 7,123 | 210 | 2,434 | 1,235 | 120 | 468 | 136 | |
46 |
- | - | 0 | 1,000 | - | - | - | 0 | 1,050 | 2,420 | - | 0 | 2,600 | 3,966 | - | 2,698 | 3,200 | |
45 |
4,895 | 5,112 | 5,676 | 13,327 | 13,842 | 11,974 | 4,047 | 7,873 | 7,709 | 7,788 | 5,288 | 10,416 | 6,312 | 4,126 | 5,030 | 5,905 | 5,511 | |
450/3 |
4,895 | 5,112 | 5,642 | 11,430 | 12,568 | 8,340 | 2,314 | 5,162 | 5,697 | 5,675 | 3,738 | 8,553 | 4,329 | 1,925 | 3,046 | 3,593 | 2,949 | |
454/9 |
- | 0 | 33 | 1,898 | 1,273 | 3,634 | 1,732 | 2,711 | 2,012 | 2,112 | 1,550 | 1,863 | 1,983 | 2,201 | 1,985 | 2,312 | 2,562 | |
47/48 |
- | 1,981 | 0 | 718 | - | 0 | 0 | 1,385 | 4,402 | 4,000 | 4,200 | 1,797 | 1,942 | 984 | - | - | - | |
492/3 |
220 | 213 | 250 | 191 | - | - | - | - | - | - | - | - | 0 | 185 | - | - | 590 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | |
9900 |
18,644 | 15,215 | 20,737 | 52,725 | 59,174 | 53,720 | 57,131 | 61,547 | 60,808 | 60,043 | 58,416 | 76,066 | 72,602 | 39,605 | 56,112 | 52,535 | 46,545 | |
60/61 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | |
62 |
565 | 395 | 12,537 | 49,235 | 46,873 | 41,306 | 46,269 | 46,420 | 44,709 | 46,842 | 45,619 | 45,544 | 44,454 | 39,547 | 43,230 | 41,671 | 33,206 | |
630 |
12,069 | 12,069 | 12,069 | 10,713 | - | 12,504 | 12,504 | 12,504 | 9,775 | 9,775 | 9,775 | 9,775 | 7,400 | 7,400 | 7,671 | 7,671 | 7,671 | |
640/8 |
548 | 536 | 758 | 635 | 860 | 785 | 896 | 804 | 761 | 783 | 974 | 2,048 | 744 | 733 | 721 | 713 | 1,312 | |
9901 |
5,462 | 2,215 | -4,627 | -7,858 | 11,442 | -876 | -2,537 | 1,818 | 5,562 | 2,642 | 2,048 | 18,699 | 20,004 | -8,075 | 4,490 | 2,481 | 4,356 | |
75/76B |
- | - | - | - | 244 | - | - | - | - | - | 15 | - | - | 10 | 15 | 14 | - | |
75 |
- | - | - | - | 244 | - | - | - | - | - | 15 | - | - | 10 | 15 | 14 | - | |
65/66B |
676 | 695 | 798 | 923 | 739 | 476 | 503 | 469 | 409 | 1,554 | 731 | 703 | 0 | 357 | 438 | 796 | 728 | |
65 |
676 | 695 | 798 | 923 | 739 | 476 | 503 | 469 | 409 | 1,554 | 731 | 703 | 0 | 357 | 438 | 796 | 728 | |
9903 |
4,785 | 1,520 | -5,425 | -8,781 | 10,947 | -1,352 | -3,040 | 1,349 | 5,154 | 1,088 | 1,332 | 17,996 | 20,004 | -8,422 | 4,066 | 1,699 | 3,628 | |
67/77 |
278 | 180 | 522 | -432 | 2,371 | 494 | 535 | 1,296 | 2,603 | 996 | 1,116 | 4,290 | 4,650 | 129 | 1,560 | 781 | 1,599 | |
9904 |
4,507 | 1,340 | -5,947 | -8,349 | 8,576 | -1,845 | -3,575 | 53 | 2,551 | 92 | 216 | 13,706 | 15,354 | -8,551 | 2,506 | 919 | 2,030 | |
9905 |
4,507 | 1,340 | -5,947 | -8,349 | 8,576 | -1,845 | -3,575 | 53 | 2,551 | 92 | 216 | 13,706 | 15,354 | -8,551 | 2,506 | 919 | 2,030 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
6,583 | 2,075 | -5,265 | -8,318 | 10,031 | 1,455 | 3,300 | 6,875 | 6,822 | 4,271 | 4,180 | 13,964 | 10,257 | -5,096 | 3,454 | 948 | 2,030 | |
14P |
2,075 | 735 | 682 | 31 | 1,455 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 6,000 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
3,000 | - | - | - | 10,000 | - | - | - | - | - | - | 10,000 | 10,000 | - | - | - | 2,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
3,000 | - | - | - | 10,000 | - | - | - | - | - | - | 10,000 | 10,000 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0.9 | |
Hours worked1013 |
- | 0 | 224 | 1,640 | 1,760 | 1,416 | 1,600 | 1,688 | 1,608 | 1,696 | 1,656 | 1,656 | 1,696 | 1,447 | 1,712 | 1,784 | 1,320 | |
| Document | ||||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
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 | abbreviated format | 23-06-2026 | 2026-00199095 | |
| 31-12-2024 | full format | 03-07-2025 | 2025-00245103 | |
| 31-12-2023 | full format | 02-07-2024 | 2024-00204192 | |
| 31-12-2022 | full format | 07-07-2023 | 2023-00221865 | |
| 31-12-2021 | full format | 05-07-2022 | 2022-20151833 | |
| 31-12-2020 | full format | 08-07-2021 | 2021-33100331 | |
| 31-12-2019 | full format | 22-06-2020 | 2020-19800067 | |
| 31-12-2018 | full format | 27-06-2019 | 2019-25300431 | |
| 31-12-2017 | full format | 04-07-2018 | 2018-28900025 | |
| 31-12-2016 | full format | 10-07-2017 | 2017-30300551 | |
| 31-12-2015 | full format | 15-07-2016 | 2016-32600588 | |
| 31-12-2014 | full format | 10-07-2015 | 2015-29600551 | |
| 31-12-2013 | full format | 04-07-2014 | 2014-27300296 | |
| 31-12-2012 | full format | 26-06-2013 | 2013-22800382 | |
| 31-12-2011 | full format | 09-07-2012 | 2012-27700035 | |
| 31-12-2010 | full format | 05-07-2011 | 2011-26200010 | |
| 31-12-2009 | full format | 12-07-2010 | 2010-29400523 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17,530 | 14,284 | 7,441 | 2,855 | - | 11,629 | 9,967 | 14,322 | 15,338 | 12,418 | 11,823 | 28,475 | 27,404 | -675 | 12,161 | 10,152 | 12,027 | ||
| 16,576 | 13,409 | 6,121 | 2,364 | - | 10,659 | 8,929 | 12,557 | 12,326 | 9,867 | 9,991 | 23,482 | 22,754 | -1,151 | 10,177 | 8,590 | 9,701 | ||
| 0 | 0 | 0 | 60,343 | - | 0 | 0 | 62,521 | 0 | 0 | 0 | 48,877 | 0 | 0 | 0 | -33 | 37,888 | ||
| 1,522 | 8,704 | -10,445 | -22,251 | 9,388 | 15,552 | -16,424 | -2,026 | 842 | -8,399 | 4,663 | 10,925 | 24,188 | 3,652 | -5,637 | -1,905 | - | ||
| 30,337 | 15,444 | 12,171 | 16,015 | 51,989 | 22,451 | 23,879 | 26,962 | 39,005 | 29,764 | 32,122 | 34,174 | 32,216 | 9,647 | 10,613 | 13,328 | 5,295 | ||
| 86.1% | 66.6% | 57.0% | 47.9% | 74.0% | 55.1% | 58.2% | 46.6% | 68.7% | 59.9% | 51.2% | 47.1% | 70.8% | 61.7% | 76.6% | 51.1% | 40.6% | ||
| 5.43 | 1.87 | 1.74 | 1.63 | 3.85 | 1.71 | 2.46 | 1.97 | 2.75 | 2.07 | 2.12 | 2.41 | 3.42 | 1.94 | 2.36 | 2.47 | 1.28 | ||
| 0.16 | 0.50 | 0.75 | 1.09 | 0.35 | 0.82 | 0.72 | 1.14 | 0.46 | 0.67 | 0.95 | 1.12 | 0.41 | 0.62 | 0.31 | 0.96 | 1.46 | ||
| 10.3% | 3.4% | -15.8% | -19.1% | 16.5% | -4.2% | -7.9% | 0.1% | 5.2% | 0.2% | 0.5% | 29.8% | 47.6% | -50.6% | 9.8% | 4.0% | 9.2% | ||
| 8.9% | 2.3% | -9.0% | -9.1% | 12.2% | -2.3% | -4.6% | 0.1% | 3.6% | 0.1% | 0.2% | 14.0% | 33.7% | -31.2% | 7.5% | 2.0% | 3.7% | ||
| 25.92 | 20.55 | 9.32 | 3.09 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 |
| part-time | 0 | - | - | - |
| in full-time equivalents | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | |
| On a permanent contract | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1,690 | €11,789 | €21,813 | €31,764 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €0 | €60,343 | - |
| €12,069 | €12,069 | €12,069 | €10,713 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CEZAR CONCEPT
The operating result for 2025 is 147% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 33.4% to 13.9%. Equity is higher and debt is lower.