Skip to content

CIHOLD

Active Risk: not assessed
Private limited companyfounded 2011active for 15 yearsVolmolenbaan 176, 2400 Mol, BelgiumKBO/BCE: BE 0838.752.070

Financials · financial year 2025, full format

Annual accounts 2025 filed on 24-03-2026 PDF all 15 filings

Equity
€10.0m▲ 13.5%
2024 · €8.8m
Net result
€1.2m▲ 525%
2024 · €188,920
Total assets
€10.2m▲ 13.1%
2024 · €9.1m
Solvency
97.3%▲ 0.3pp
2024 · 96.9%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 7% lower than in 2024. It is the second fall in a row.

Turnover€2.3m 2025 Operating result€0.2m 2025 Net result€1.2m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€0.9m-€1.4m▲ 50.6%€1.4m▼ 2.0%€1.8m▲ 26.7%€2.1m▲ 16.2%€2.3m▲ 11.6%€2.3m▲ 0.6%
Operating result€0.06m-€0.4m▲ 442%€0.1m▼ 68.1%€0.3m▲ 175%€0.5m▲ 56.0%€0.2m▼ 63.9%€0.2m▼ 6.8%
Net result€0.4m-€0.7mabove the sector's middle half▲ 95.2%€0.6mwithin the sector's middle half▼ 20.0%€1.3mabove the sector's middle half▲ 122%€0.4mwithin the sector's middle half▼ 69.3%€0.2mwithin the sector's middle half▼ 50.9%€1.2mabove the sector's middle half▲ 525%
Equity€6.9m-€6.4mwithin the sector's middle half▼ 7.2%€7.0mwithin the sector's middle half▲ 8.8%€8.2mwithin the sector's middle half▲ 18.0%€8.6mwithin the sector's middle half▲ 4.7%€8.8mwithin the sector's middle half▲ 2.2%€10.0mwithin the sector's middle half▲ 13.5%
Total assets€7.3m-€6.7mwithin the sector's middle half▼ 7.4%€7.2mwithin the sector's middle half▲ 6.8%€8.5mwithin the sector's middle half▲ 18.1%€8.9mwithin the sector's middle half▲ 4.7%€9.1mwithin the sector's middle half▲ 1.8%€10.2mwithin the sector's middle half▲ 13.1%
Debt€0.4m-€0.3m▼ 11.6%€0.2m▼ 30.1%€0.3m▲ 22.7%€0.3m▲ 5.1%€0.3m▼ 10.2%€0.3m▲ 0.8%
Working capital€1.8m-€1.4mwithin the sector's middle half▼ 23.8%€2.3mabove the sector's middle half▲ 70.1%€3.7mabove the sector's middle half▲ 58.2%€4.2mabove the sector's middle half▲ 12.4%€4.3mabove the sector's middle half▲ 3.2%€5.4mabove the sector's middle half▲ 27.2%
Solvency94.7%-94.9%above the sector's middle half▲ 0.2pp96.7%above the sector's middle half▲ 1.8pp96.5%above the sector's middle half▼ 0.1pp96.5%above the sector's middle half=96.9%above the sector's middle half▲ 0.4pp97.3%above the sector's middle half▲ 0.3pp
Current ratio7.88-6.34above the sector's middle half▼ 1.5413.47above the sector's middle half▲ 7.1314.36above the sector's middle half▲ 0.8914.43above the sector's middle half▲ 0.0719.95above the sector's middle half▲ 5.5223.76above the sector's middle half▲ 3.81
Return on assets (ROA)5.0%-10.5%above the sector's middle half▲ 5.5pp7.8%within the sector's middle half▼ 2.6pp14.7%above the sector's middle half▲ 6.9pp4.3%within the sector's middle half▼ 10.4pp2.1%within the sector's middle half▼ 2.2pp11.5%above the sector's middle half▲ 9.5pp
Staff (FTE)7.5-7.8within the sector's middle half▲ 4.0%8.8within the sector's middle half▲ 12.8%8.6within the sector's middle half▼ 2.3%8.7within the sector's middle half▲ 1.2%9.4above the sector's middle half▲ 8.0%9.2above the sector's middle half▼ 2.1%
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.2m
Fixed assets €4.6m ▲ 0.1%
Current assets €5.7m ▲ 26.1%
Equity and liabilities €10.2m
Equity €10.0m ▲ 13.5%
Debt €279,653 ▲ 0.8%
Debt's share of the balance-sheet total falls from 3.1% to 2.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
11.9%▲
2024 · 2.2%
Debt ≤ 1 year
€239,327▲
2024 · €225,993
Debt > 1 year
€36,000▼
2024 · €51,522
Income taxes
€60,490▼
2024 · €65,376
Staff costs
€879,115▲
2024 · €743,568
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as CIHOLD: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €11m and €17m, founded between 2005 and 2017.

CompanyFoundedTotal assetsEquityTurnoverNet resultFTEFinancial year
CIHOLD Mol2011€10.2m€10.0m€2.3m€1.2m9.22025
ElmosGroup Herentals2007€10.6m€4.4m€1.9m€1.2m8.22025
ITZU Hasselt2015€11.6m€7.2m€2.8m-€0.1m8.92025
PantaRei Groep Tielt2010€16.7m€8.1m€2.1m€0.4m13.12025
COMMA Antwerpen2006€16.3m€7.8m€2.8m€1.6m10.72025
BOONS MANAGEMENT CONSULTING Arendonk2017€11.7m€5.7m€1.8m€1.5m7.52025
FLYING GROUP HOLDING Antwerpen2005€13.6m€1.6m€4.1m€0.4m10.12025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Subsidies and aid

Flemish government

2022 to 2025 · 8 entries · €108,683 awarded · €108,570 paid
Year Entries AwardedPaid
2025 2 €23,663€23,639
2024 2 €30,008€30,008
2023 2 €28,953€28,953
2022 2 €26,059€25,970
Schemes
4 entries · €105,204 · €105,204 paid · Departement Werk en Sociale Economie
4 entries · €3,479 · €3,366 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 70 lines

Source: Annual accounts 2025 (PDF), filed on 24-03-2026.

Balance sheet Code20242025
Assets
Total assets20/58€9.1m€10.2m▲
Fixed assets21/28€4.6m€4.6m▲
Tangible fixed assets22/27€0.2m€0.2m▼
Plant, machinery and equipment23€0.006m€0.004m▼
Furniture and vehicles24€0.1m€0.1m▼
Other tangible fixed assets26€0.04m€0.03m▼
Financial fixed assets28€4.4m€4.4m▲
Affiliated companies280/1€4.4m€4.4m▲
Participating interests280€3.9m€3.9m=
Amounts receivable281€0.5m€0.5m▲
Current assets29/58€4.5m€5.7m▲
Amounts receivable after more than one year29€0.08m€0.06m▼
Other amounts receivable291€0.08m€0.06m▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.4m€1.1m▼
Trade receivables40€0-
Other amounts receivable41€1.4m€1.1m▼
Current investments50/53€2.0m€0▼
Other investments51/53€2.0m€0▼
Cash at bank and in hand54/58€1.0m€4.5m▲
Deferred charges and accrued income490/1€0.01m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€9.1m€10.2m▲
Equity10/15€8.8m€10.0m▲
Contributions10/11€2.4m€2.4m=
Reserves13€6.4m€7.5m▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€6.4m€7.5m▲
Amounts payable17/49€0.3m€0.3m▲
Amounts payable after more than one year17€0.05m€0.04m▼
Financial debts170/4€0.05m€0.04m▼
Credit institutions173€0.05m€0.04m▼
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.01m€0.02m▲
Trade debts44€0.1m€0.08m▼
Suppliers440/4€0.1m€0.08m▼
Taxes, remuneration and social security45€0.1m€0.1m▲
Taxes450/3€0.005m€0.02m▲
Remuneration and social security454/9€0.1m€0.1m▲
Accrued charges and deferred income492/3€21€0.004m▲
Income statement Code20242025
Operating income70/76A€2.4m€2.4m▼
Turnover70€2.3m€2.3m▲
Other operating income74€0.09m€0.07m▼
Non-recurring operating income76A€0.005m€0.007m▲
Operating charges60/66A€2.2m€2.2m▼
Services and other goods61€1.4m€1.3m▼
Remuneration, social security and pensions62€0.7m€0.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.05m▲
Other operating charges640/8€0.007m€0.005m▼
Non-recurring operating charges66A€0.03m€0▼
Operating profit (loss)9901€0.2m€0.2m▼
Financial income75/76B€0.09m€1.1m▲
Recurring financial income75€0.09m€1.1m▲
Income from financial fixed assets750-€1.0m
Income from current assets751€0.08m€0.09m▲
Other financial income752/9€0.004m€0.005m▲
Financial charges65/66B€0.007m€0.005m▼
Recurring financial charges65€0.007m€0.005m▼
Debt charges650€0.005m€0.004m▼
Other financial charges652/9€0.002m€0.001m▼
Profit (loss) for the period before taxes9903€0.3m€1.2m▲
Income taxes67/77€0.07m€0.06m▼
Taxes670/3€0.07m€0.06m▼
Tax adjustments and reversals of tax provisions77-€13
Profit (loss) for the period9904€0.2m€1.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€1.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€1.2m▲
Transfer to equity691/2€0.2m€1.2m▲
To other reserves6921€0.2m€1.2m▲
Social balance sheet
Average headcount (FTE)90879.49.2▼

The notes to these accounts have 61 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Operating income70/76A--€1.4m€1.8m€2.1m€2.4m€2.4m▼ 0.6%
Turnover70€0.9m€1.4m€1.4m€1.8m€2.1m€2.3m€2.3m▲ 0.6%
Other operating income74--€0.05m€0.06m€0.06m€0.09m€0.07m▼ 30.5%
Non-recurring operating income76A--€0--€0.005m€0.007m▲ 26.3%
Operating charges60/66A--€1.3m€1.5m€1.6m€2.2m€2.2m▼ 0.1%
Services and other goods61--€0.7m€0.8m€0.8m€1.4m€1.3m▼ 9.2%
Remuneration, social security and pensions62--€0.6m€0.7m€0.7m€0.7m€0.9m▲ 18.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m€0.06m€0.06m€0.05m€0.03m€0.05m▲ 83.8%
Other operating charges640/8--€0.005m€0.005m€0.007m€0.007m€0.005m▼ 22.0%
Non-recurring operating charges66A-----€0.03m€0▼ 100%
Operating profit (loss)9901€0.06m€0.4m€0.1m€0.3m€0.5m€0.2m€0.2m▼ 6.8%
Financial income75/76B--€0.5m€1.0m€0.05m€0.09m€1.1m▲ 12×
Recurring financial income75€0.3m€0.5m€0.5m€1.0m€0.05m€0.09m€1.1m▲ 12×
Income from financial fixed assets750--€0.5m€1.0m€0-€1.0m-
Income from current assets751--€0.01m€0.04m€0.04m€0.08m€0.09m▲ 2.0%
Other financial income752/9--€28€205€0.001m€0.004m€0.005m▲ 6.5%
Financial charges65/66B--€0.006m€0.003m€0.001m€0.007m€0.005m▼ 24.6%
Recurring financial charges65€0.002m€0.004m€0.006m€0.003m€0.001m€0.007m€0.005m▼ 24.6%
Debt charges650€0.001m€0.001m€0.001m€0.001m€254€0.005m€0.004m▼ 0.9%
Other financial charges652/9--€0.005m€0.002m€425€0.002m€0.001m▼ 68.3%
Profit (loss) for the period before taxes9903€0.4m€0.8m€0.6m€1.3m€0.5m€0.3m€1.2m▲ 388%
Income taxes67/77€0.03m€0.1m€0.04m€0.09m€0.1m€0.07m€0.06m▼ 7.5%
Taxes670/3--€0.04m€0.09m€0.1m€0.07m€0.06m▼ 7.5%
Tax adjustments and reversals of tax provisions77------€13-
Profit (loss) for the period9904€0.4m€0.7m€0.6m€1.3m€0.4m€0.2m€1.2m▲ 525%
Profit (loss) for the period to be appropriated9905€0.4m€0.7m€0.6m€1.3m€0.4m€0.2m€1.2m▲ 525%
Line2019202020212022202320242025Change
Assets
Total assets20/58€7.3m€6.7m€7.2m€8.5m€8.9m€9.1m€10.2m▲ 13.1%
Fixed assets21/28€5.2m€5.1m€4.7m€4.5m€4.4m€4.6m€4.6m▲ 0.1%
Intangible fixed assets21€0.02m€0.01m€0-----
Tangible fixed assets22/27€0.2m€0.1m€0.1m€0.08m€0.07m€0.2m€0.2m▼ 4.1%
Plant, machinery and equipment23--€0.03m€0.02m€0.009m€0.006m€0.004m▼ 40.1%
Furniture and vehicles24--€0.1m€0.06m€0.06m€0.1m€0.1m▼ 0.3%
Other tangible fixed assets26-----€0.04m€0.03m▼ 10.9%
Financial fixed assets28€5.0m€4.9m€4.5m€4.5m€4.4m€4.4m€4.4m▲ 0.3%
Affiliated companies280/1--€4.5m€4.5m€4.4m€4.4m€4.4m▲ 0.3%
Participating interests280--€4.1m€4.0m€3.9m€3.9m€3.9m=
Amounts receivable281--€0.4m€0.4m€0.4m€0.5m€0.5m▲ 3.0%
Other financial fixed assets284/8---€0----
Amounts receivable and cash guarantees285/8---€0----
Current assets29/58€2.1m€1.6m€2.5m€4.0m€4.5m€4.5m€5.7m▲ 26.1%
Amounts receivable after more than one year29----€0.05m€0.08m€0.06m▼ 29.4%
Other amounts receivable291----€0.05m€0.08m€0.06m▼ 29.4%
Stocks and contracts in progress3€0€0€0€0€0€0€0-
Amounts receivable within one year40/41€0.5m€0.04m€0.03m€2.7m€1.3m€1.4m€1.1m▼ 22.1%
Trade receivables40--€0.02m€0.02m€0.07m€0--
Other amounts receivable41--€0.01m€2.7m€1.2m€1.4m€1.1m▼ 22.1%
Current investments50/53-----€2.0m€0▼ 100%
Other investments51/53-----€2.0m€0▼ 100%
Cash at bank and in hand54/58€1.5m€1.6m€2.4m€1.3m€3.1m€1.0m€4.5m▲ 335%
Deferred charges and accrued income490/1--€0.05m€0.01m€0.01m€0.01m€0.01m▲ 19.4%
Equity and liabilities
Total equity and liabilities10/49€7.3m€6.7m€7.2m€8.5m€8.9m€9.1m€10.2m▲ 13.1%
Equity10/15€6.9m€6.4m€7.0m€8.2m€8.6m€8.8m€10.0m▲ 13.5%
Contributions10/11€3.0m-€2.4m€2.4m€2.4m€2.4m€2.4m=
Reserves13€3.9m€4.0m€4.5m€5.8m€6.2m€6.4m€7.5m▲ 18.6%
Non-distributable reserves130/1--€0.2m€0.2m€0.2m€0--
Reserves not available under the articles1311--€0.2m€0.2m€0.2m€0--
Distributable reserves133--€4.4m€5.6m€6.0m€6.4m€7.5m▲ 18.6%
Amounts payable17/49€0.4m€0.3m€0.2m€0.3m€0.3m€0.3m€0.3m▲ 0.8%
Amounts payable after more than one year17€0.1m€0.09m€0.05m€0.02m€0€0.05m€0.04m▼ 30.1%
Financial debts170/4--€0.05m€0.02m€0€0.05m€0.04m▼ 30.1%
Credit institutions173--€0.05m€0.02m€0€0.05m€0.04m▼ 30.1%
Amounts payable within one year42/48€0.3m€0.3m€0.2m€0.3m€0.3m€0.2m€0.2m▲ 5.9%
Current portion of amounts payable after more than one year42--€0.04m€0.03m€0.02m€0.01m€0.02m▲ 4.4%
Financial debts43--€0-----
Credit institutions430/8--€0-----
Trade debts44€0.02m€0.04m€0.07m€0.08m€0.1m€0.1m€0.08m▼ 11.9%
Suppliers440/4--€0.07m€0.08m€0.1m€0.1m€0.08m▼ 11.9%
Taxes, remuneration and social security45--€0.08m€0.2m€0.1m€0.1m€0.1m▲ 20.8%
Taxes450/3--€88€0.07m€0.06m€0.005m€0.02m▲ 349%
Remuneration and social security454/9--€0.08m€0.09m€0.09m€0.1m€0.1m▲ 5.9%
Other amounts payable47/48---€0.001m€0---
Accrued charges and deferred income492/3--€0.003m€0-€21€0.004m▲ 203×
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.4m€0.7m€0.6m€1.3m€0.4m€0.2m€1.2m▲ 525%
+ Depreciation and write-downs630€0.06m€0.06m€0.06m€0.06m€0.05m€0.03m€0.05m▲ 83.8%
Operating cash flow (approximation)€0.4m€0.8m€0.6m€1.3m€0.4m€0.2m€1.2m▲ 468%
Investment in fixed assets (approximation)-€0.05m€0.4m€0.08m€0.04m-€0.1m-€0.06m▲ 57.0%
Change in cash-€0.05m€0.9m-€1.2m€1.8m-€2.1m€3.5m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 full format 24-03-2026 2026-00060011 PDF
30-09-2024 full format 17-02-2025 2025-00035250 PDF
30-09-2023 full format 29-02-2024 2024-00036379 PDF
30-09-2022 full format 10-03-2023 2023-00037944 PDF
30-09-2021 full format 11-04-2022 2022-20002081 PDF
30-09-2020 full format 31-03-2021 2021-09000259 PDF
30-09-2019 full format 12-05-2020 2020-11800299 PDF
30-09-2018 full format 29-03-2019 2019-08300378 PDF
30-09-2017 full format 23-03-2018 2018-07500113 PDF
30-09-2016 abbreviated format 24-03-2017 2017-06900123 PDF

Show all 15 filings

Next steps