Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 62.4 to 48.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CIBLEX BELGIUM from Zaventem, company number BE0414616897, closed financial year 2025 with a result of € -513,647 after tax. For that financial year CIBLEX BELGIUM recorded revenue of € 17.2 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -9,882 to € -513,647. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 4.4 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -513,647
▼ 5098 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
People and assets in 2025
48
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 2% vs 2024
€ 54,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,564
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 293,998
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,393,762 | € 16,257,075 | € 17,465,156 | € 17,166,028 | ▼ 2% |
| Profit after taxes | € -491,287 | € -36,044 | € -9,882 | € -513,647 | ▼ € 503,765 |
| Equity | € 4,947,214 | € 4,911,170 | € 4,901,288 | € 4,387,640 | ▼ 10% |
| Total debts | € 4,971,715 | € 2,744,370 | € 2,558,167 | € 2,333,824 | ▼ 9% |
| Cash | € 3,670,163 | € 2,566,122 | € 2,688,756 | € 1,430,210 | ▼ 47% |
| Retained profit | € 3,814,004 | € 3,777,960 | € 3,768,078 | € 3,254,430 | ▼ 14% |
| Bank debt | € 502,800 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 9,920,913 | € 7,657,525 | € 7,461,439 | € 6,723,448 | ▼ 10% |
| Employees (FTE) | 69 | 62.4 | 54.2 | 48 | ▼ 6.2 |
Key figures of CIBLEX BELGIUM, 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 CIBLEX BELGIUM?
What happened at CIBLEX BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WV-Consulting BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 513,647. Source: NBB ↗
- Laure Brenas became a director. NBB
- Stephane Jean-Francois Baudry stepped down as director. NBB
- WV-Consulting BVBA became a director. NBB
- Stephane Jean-Francois Baudry became a director. NBB
- New establishment in Zaventem. KBO
- New establishment in Ans. KBO
In short
From € 491,287 loss in 2022 to € 513,647 loss in 2025.
Paid € 28,188 in corporate taxes since 2022.
Pays suppliers within 47 days on average.
Management
Behind CIBLEX BELGIUM is Laure Brenas. The shares are held by Walden Express International (100%).
Directors
According to the 2025 annual accounts
Laure Brenas
Director
since 2025
Stephane Jean-Francois Baudry
Director
since 2014 · until 2025
Managing director · represented by Wouter Vlassenbroek
since 2019 · until 2031
Shareholders
Walden Express International
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 518A
1930 Zaventem
Leuvensesteenweg 518 A
1930 Zaventem
Active since 22 May 2003
Avenue de l'Union 25 box D
4432 Ans
Active since 22 May 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.616.897
- VAT number
- BE 0414.616.897
- Registered office
- Leuvensesteenweg 518A, 1930 Zaventem
- Names & denominations
- CIBLEX BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 1974
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Behandeling van post
Goederenvervoer over de weg
Diverse administratieve activiteiten ten behoeve van kantoren