What is the address of Cecan?

The registered office of Cecan is located at Doorniksewijk(Kor) 49, 8500 Kortrijk.

Is Cecan still active?

Yes. According to the CBE (29 October 2026) Cecan is active, legal situation “Normale toestand”, started on 25 November 1976.

Is Cecan registered on Peppol?

Yes, Cecan is registered on the Peppol network with ID 0208:0417119004.

What is the enterprise number of Cecan?

The enterprise number of Cecan is BE0417119004.

When was Cecan founded?

Cecan was founded on 25 November 1976.

Who are the directors of Cecan?

According to the 2025 annual accounts, the directors of Cecan are: Benoit VAN ASSCHE, Gustaaf SAP, Philippe VLERICK, Albrecht DE GRAEVE, David VLERICK.

Is Cecan a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 November 1976; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Cecan make in 2025?

Cecan posted a profit after taxes of € 25,811,520 in financial year 2025.

What is the revenue of Cecan?

As a small company, Cecan is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -838,803.

Cecan (Public Limited) - Kortrijk - BE0417119004

Dossier Cecan, printed on 29 October 2026 from databakkes.be/en/0417119004/cecan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Cecan from Kortrijk, company number BE0417119004, closed financial year 2025 with a result of € 25.8 million after tax. For that financial year Cecan recorded a gross margin of € -838,803 and equity of € 216.5 million. Compared with financial year 2024, the result moved from € 103.2 million to € 25.8 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 May 27, 2026.

What it is worth Growing

€ 216.5 million

▲ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 25.8 million

▼ 75% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.4 million

▲ € 2.1 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 4 million paid out

15 % of the profit went to the shareholders, the rest stayed in the company.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 12 million

▼ 20% vs 2024

€ 2 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 338,343

▼ 50% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -390,489 Gross margin 2022: € -390,489 First fiscal year in the series	€ -397,786 Gross margin 2023: € -397,786 ▼ € 7,297 vs 2022 (€ -390,489) Unfavourable step	€ -700,691 Gross margin 2024: € -700,691 ▼ € 302,904 vs 2023 (€ -397,786) Unfavourable step	€ -838,803 Gross margin 2025: € -838,803 ▼ € 138,112 vs 2024 (€ -700,691) Unfavourable step	▼ € 138,112
Profit after taxes	€ 11,966,236 Profit after taxes 2022: € 11,966,236 First fiscal year in the series	€ 7,455,676 Profit after taxes 2023: € 7,455,676 ▼ 38% vs 2022 (€ 11,966,236) Unfavourable step	€ 103,179,587 Profit after taxes 2024: € 103,179,587 ▲ € 95.7 million vs 2023 (€ 7,455,676) Favourable step	€ 25,811,520 Profit after taxes 2025: € 25,811,520 ▼ 75% vs 2024 (€ 103,179,587) Unfavourable step	▼ 75%
Equity	€ 92,062,372 Equity 2022: € 92,062,372 First fiscal year in the series	€ 95,518,048 Equity 2023: € 95,518,048 ▲ 4% vs 2022 (€ 92,062,372) Favourable step	€ 194,697,636 Equity 2024: € 194,697,636 ▲ 104% vs 2023 (€ 95,518,048) Favourable step	€ 216,509,155 Equity 2025: € 216,509,155 ▲ 11% vs 2024 (€ 194,697,636) Favourable step	▲ 11%
Total debts	€ 24,407,716 Total debts 2022: € 24,407,716 First fiscal year in the series	€ 24,358,796 Total debts 2023: € 24,358,796 Unchanged (€ 24,407,716) Favourable step	€ 37,482,852 Total debts 2024: € 37,482,852 ▲ 54% vs 2023 (€ 24,358,796) Unfavourable step	€ 19,385,246 Total debts 2025: € 19,385,246 ▼ 48% vs 2024 (€ 37,482,852) Favourable step	▼ 48%
Cash	€ 8,553,770 Cash 2022: € 8,553,770 First fiscal year in the series	€ 1,867,937 Cash 2023: € 1,867,937 ▼ 78% vs 2022 (€ 8,553,770) Unfavourable step	€ 273,679 Cash 2024: € 273,679 ▼ 85% vs 2023 (€ 1,867,937) Unfavourable step	€ 2,357,604 Cash 2025: € 2,357,604 ▲ € 2.1 million vs 2024 (€ 273,679) Favourable step	▲ € 2.1 million
Retained profit	€ 90,812,372 Retained profit 2022: € 90,812,372 First fiscal year in the series	€ 94,268,048 Retained profit 2023: € 94,268,048 ▲ 4% vs 2022 (€ 90,812,372) Favourable step	€ 193,447,636 Retained profit 2024: € 193,447,636 ▲ 105% vs 2023 (€ 94,268,048) Favourable step	€ 215,259,155 Retained profit 2025: € 215,259,155 ▲ 11% vs 2024 (€ 193,447,636) Favourable step	▲ 11%
Dividend	€ 3,850,000 Dividend 2022: € 3,850,000 First fiscal year in the series	€ 4,000,000 Dividend 2023: € 4,000,000 ▲ 4% vs 2022 (€ 3,850,000) Unchanged	€ 4,000,000 Dividend 2024: € 4,000,000 Unchanged (€ 4,000,000) Unchanged	€ 4,000,000 Dividend 2025: € 4,000,000 Unchanged (€ 4,000,000) Unchanged
Bank debt	€ 20,000,000 Bank debt 2022: € 20,000,000 First fiscal year in the series	€ 20,000,000 Bank debt 2023: € 20,000,000 Unchanged (€ 20,000,000) Unchanged	€ 15,000,000 Bank debt 2024: € 15,000,000 ▼ 25% vs 2023 (€ 20,000,000) Favourable step	€ 12,000,000 Bank debt 2025: € 12,000,000 ▼ 20% vs 2024 (€ 15,000,000) Favourable step	▼ 20%
Balance sheet total	€ 116,470,088 Balance sheet total 2022: € 116,470,088 First fiscal year in the series	€ 119,876,844 Balance sheet total 2023: € 119,876,844 ▲ 3% vs 2022 (€ 116,470,088) Unchanged	€ 232,180,487 Balance sheet total 2024: € 232,180,487 ▲ 94% vs 2023 (€ 119,876,844) Unchanged	€ 235,894,401 Balance sheet total 2025: € 235,894,401 ▲ 2% vs 2024 (€ 232,180,487) Unchanged	▲ 2%

Key figures of Cecan, 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 Cecan?

What happened at Cecan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Benoit VAN ASSCHE stepped down as director. NBB
2027 Gustaaf SAP stepped down as director. NBB
2027 Philippe VLERICK stepped down as director. NBB
2027 Albrecht DE GRAEVE stepped down as director. NBB
2027 David VLERICK stepped down as director. NBB
May 27, 2026 New annual accounts for financial year 2025: profit of € 25.8 million (▼ 75% vs 2024). Source: NBB ↗
2024 Benoit VAN ASSCHE became a director. NBB
2024 Gustaaf SAP became a director. NBB

In short

From € 12 million profit in 2022 to € 25.8 million profit in 2025.

Best year ever: 2024, with € 103.2 million profit.

Paid out € 15.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Cecan

CECAN MEDIA 100%

It owns 100% of CECAN MEDIA itself.

Directors

According to the 2025 annual accounts

Benoit VAN ASSCHE

Director

Also active at: WOLIVE

since 2024 · until 2027

Gustaaf SAP

Chairman of the board

since 2024 · until 2027

Philippe VLERICK

Managing director

Also active at: BESIX Group, LVD COMPANY, POINT, BELGIAN INTERNATIONAL CARPET C°, VOBIS FINANCE, MIDELCO, LVD - INVEST, VLERICK VASTGOED +8 more

since 2024 · until 2027

Albrecht DE GRAEVE

Director

since 2024 · until 2027

David VLERICK

Director

Also active at: POINT, BELGIAN INTERNATIONAL CARPET C°, MIDELCO, 9.5 MAGNITUDE VENTURES, Alydar, Bluegrass Ventures USD

since 2024 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksewijk(Kor) 49

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.

All companies at this address →

B.M.H.

Belgo-Indian Chamber of Commerce and Industry

VOBIS FINANCE same network

MIDELCO same network

€ 1.2 million revenue · 2025

VLERICK VASTGOED same network

€ 958,865 gross margin · 2025

+12 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: 0417.119.004
VAT number: BE 0417.119.004
Registered office: Doorniksewijk(Kor) 49, 8500 Kortrijk
Names & denominations: Cecan
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 25 November 1976
Peppol: Active · Active since 20 Oct 2026

View on CBE Public ↗ Annual accounts (NBB) ↗

Cecan

Warning lights

Financials

What happened to Cecan?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions