Financials
Financial year 2025
CPSE from Liège, company number BE0424467941, closed financial year 2025 with a result of € 1,098 after tax. For that financial year CPSE recorded a gross margin of € 2.2 million and equity of € 970,928. Compared with financial year 2023, the result moved from € -39,844 to € 1,098. Profitable, and profit is growing. 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 January 2, 2026.
€ 970,928
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,098
▲ still € 39,844 loss in 2023
Profit after tax over the fiscal year.
€ 474,564
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 2.1 million
▼ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,050
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 9% vs 2023
€ 55,491 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 3,749
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,761
▲ 3% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 2,023,942 | € 2,222,203 | € 2,244,025 | ▲ 1% |
| Profit after taxes | € -33,688 | € -39,844 | € 1,098 | ▲ € 40,942 |
| Equity | € 1,013,300 | € 973,941 | € 970,928 | |
| Total debts | € 1,430,054 | € 1,428,568 | € 1,308,547 | ▼ 8% |
| Cash | € 453,179 | € 461,008 | € 474,564 | ▲ 3% |
| Land & buildings | € 1,663,221 | € 1,605,092 | € 1,511,319 | ▼ 6% |
| Retained profit | € 948,428 | € 908,584 | € 918,305 | ▲ 1% |
| Bank debt | € 1,333,334 | € 1,273,552 | € 1,157,413 | ▼ 9% |
| Balance sheet total | € 2,560,404 | € 2,519,559 | € 2,396,525 | ▼ 5% |
| Employees (FTE) | 3 | - | - |
Key figures of CPSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to CPSE?
What happened at CPSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,098. Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,688 loss in 2022 to € 1,098 profit in 2025.
Best year ever: 2025, with € 1,098 profit.
On average € 674,600 of value added per employee in 2022.
A new publication or filing at CPSE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CPSE are Jean-Pierre MERGEAI, Salim MEGHERBI, Véronique DE CLERCK, Marie LEDAIN, Stéphane PIRSON and Francis MULDER.
Directors
According to the 2025 annual accounts
Jean-Pierre MERGEAI
Director
Salim MEGHERBI
Director
Véronique DE CLERCK
Director
Marie LEDAIN
Director
Stéphane PIRSON
Director
Francis MULDER
Director
Luc PEETERS
Director
Patrick FONCK
Director
Also active at: Service d'Aide sociale aux Justiciables des arrondissement de Verviers et d'Eupen, REBONDS
Séverine FAORLIN
Director
Establishments
Establishment units
Physical locations of this company
Rue des Fortifications 25
4030 Liège
Rue des Fortifications 25 box A
4030 Liège
Active since 1 January 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.467.941
- VAT number
- BE 0424.467.941
- Registered office
- Rue des Fortifications 25, 4030 Liège
- Names & denominations
- CPSE
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 9 June 1983
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Beroepsopleiding