Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CENEO from Charleroi, company number BE0201645281, closed financial year 2025 with a result of € 41.4 million after tax. For that financial year CENEO recorded revenue of € 954,029 and equity of € 959.6 million. Compared with financial year 2024, the result moved from € 42.6 million to € 41.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 959.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41.4 million
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 9 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24.8 million paid out
60 % of the profit went to the shareholders, mostly to AGENCE INTERCOMMUNALE DE DEVELOPPEMENT ECONOMIQUE DES ARRONDISSEMENTS DE TOURNAI, ATH ET DES COMMUNES AVOISINANTES (51 % of the shares). That is where the money ends up.
Debts at end 2025
€ 202.3 million
▼ 6% vs 2024
€ 14.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 931,358
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 145 days on average.
€ 3,345
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 463,197 | € 493,890 | € 500,443 | € 954,029 | ▲ 91% |
| Profit after taxes | € 42,255,150 | € 41,728,678 | € 42,588,575 | € 41,353,730 | ▼ 3% |
| Equity | € 918,165,236 | € 929,852,638 | € 943,061,227 | € 959,638,681 | ▲ 2% |
| Total debts | € 224,312,814 | € 222,060,007 | € 225,661,380 | € 212,067,606 | ▼ 6% |
| Cash | € 5,833,357 | € 9,325,197 | € 9,139,735 | € 8,972,877 | ▼ 2% |
| Land & buildings | € 199,628 | € 178,309 | € 156,990 | € 135,671 | ▼ 14% |
| Retained profit | € 213,440,980 | € 216,129,658 | € 229,339,523 | € 245,918,253 | ▲ 7% |
| Dividend | € 38,290,000 | € 39,040,000 | € 29,378,710 | € 24,775,000 | ▼ 16% |
| Bank debt | € 211,053,503 | € 207,991,244 | € 214,736,377 | € 202,300,309 | ▼ 6% |
| Balance sheet total | € 1,142,478,050 | € 1,151,912,645 | € 1,168,722,606 | € 1,171,706,287 | |
| Employees (FTE) | 0.8 | 0.8 | 0.2 | - |
Key figures of CENEO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CENEO?
What happened at CENEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41.4 million (▼ 3% vs 2024). Source: NBB ↗
- Steven ROYEZ became a director. NBB
- Michaël BUSINE became a director. NBB
- Pierre CARTON became a director. NBB
- Massimo FALASCA became a director. NBB
- Olivier DESTREBECQ became a director. NBB
- Olivier FIEVEZ became a director. NBB
- Philippe KNAEPEN became a director. NBB
In short
From € 42.3 million profit in 2022 to € 41.4 million profit in 2025.
Paid € 238,145 in corporate taxes since 2022.
Best year ever: 2024, with € 42.6 million profit.
Paid out € 131.5 million in dividends to the owners in total.
Management
The stake of AGENCE INTERCOMMUNALE DE DEVELOPPEMENT ECONOMIQUE DES ARRONDISSEMENTS DE TOURNAI, ATH ET DES COMMUNES AVOISINANTES, "I.D.E.A. S.C" comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CENEOBehind CENEO are Steven ROYEZ, Pierre CARTON, Massimo FALASCA, Olivier DESTREBECQ, Olivier FIEVEZ and Philippe KNAEPEN. The shares are held by AGENCE INTERCOMMUNALE DE DEVELOPPEMENT ECONOMIQUE DES ARRONDISSEMENTS DE TOURNAI, ATH ET DES COMMUNES AVOISINANTES (51.3%) and "I.D.E.A. S.C" (1%). It owns 85% of CERWAL, 70% of NEOVIA, 49% of NEOPARK, 45% of NEOWAL, 44.8% of ORES ASSETS and 40% of W³ ENERGY itself.
Directors
According to the 2025 annual accounts
Steven ROYEZ
Director
since 2025
Pierre CARTON
Director
Also active at: Intercommunale de Santé HARMEGNIES - ROLLAND, Le Logis Dourois, Régie Communale Autonome Douroise
since 2025
Massimo FALASCA
Director
since 2025
since 2025
since 2025
Philippe KNAEPEN
Chairman of the board
since 2025
Michel SCHOLLAERT
Director
since 2025
Mickaël VAN DEN BOSSCHE
Director
since 2025
Emerence LEHEUT
Director
since 2025
Philippe MATHELART
Director
since 2025
Loïc D'HAEYER
Director, Chairman of the board
Also active at: ORES Assets, COMNEXIO, NEOWAL, OPERATEUR DE RESEAUX D'ENERGIES
since 2019
Jacques DUMOULIN
Director
since 2025
Michaël BUSINE
Director
since 2025
Hugues BAYET
Director
since 2025
since 2025
since 2025
Marie PIRAUX
Director
since 2025
since 2019
Emmanuel WART
Vice-chairman of the board, Director
since 2019
Carl LUKALU
Director
Also active at: TIBI, SOCIETE WALLONNE DES EAUX, SOCIETE WALLONNE DU LOGEMENT, SOCIETE WALLONNE DU CREDIT SOCIAL, Centre universitaire Zénobe Gramme
since 2024 · until 2025
since 2024 · until 2025
Jacques GOBERT
Director
Also active at: "I.D.E.A. S.C", Keramis - Centre de la Céramique de la Communauté française asbl
since 2019 · until 2025
Marc BOITTE
Director
Also active at: Teralis, LA MAISON DE MARIEMONT, Mission régionale pour l'emploi du Centre
since 2019 · until 2025
Roger VANDERSTRAETEN
Director
Also active at: AGENCE INTERCOMMUNALE DE DEVELOPPEMENT ECONOMIQUE DES ARRONDISSEMENTS DE TOURNAI, ATH ET DES COMMUNES AVOISINANTES, L'HABITAT DU PAYS VERT
since 2019 · until 2025
Yvane BOUCART
Director
Also active at: CENTRE INTERCOMMUNALE DE SANTE DU COEUR DU HAINAUT, Formation Encadrement Espace Social, L'Enfant-Phare
since 2019 · until 2025
Yves WILLAERT
Director
since 2019 · until 2025
Vincent HOST
Director
since 2025 · until 2025
Nicolas GLOGOWSKI
Director
since 2019 · until 2025
Shareholders
Participations
85%
70%
49%
45%
44.8%
40%
24.9%
23.4%
22.8%
21.2%
13.3%
Establishments
Establishment units
Physical locations of this company
Boulevard Pierre Mayence 1 box 1
6000 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Intercommunale pour la Gestion et la Réalisation d'Etudes Techniques et Economiques
SOCIETE BELGE D'ASSISTANCE INFORMATIQUE
IDE hennuyères
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€ 5.8 million revenue · 2025
ActiVent Wallonie same network
€ 5.2 million revenue · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0201.645.281
- VAT number
- BE 0201.645.281
- Registered office
- Boulevard Pierre Mayence 1 bus 1, 6000 Charleroi
- Names & denominations
- CENEO · I.P.F.H.
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered
- Contact
- [email protected] 071 20 28 81
- Activities · NACE
Activiteiten van holdings
Holdings
Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg