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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIACFLEET from Gent, company number BE0428321910, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year CIACFLEET recorded revenue of € 27.4 million and equity of € 8.8 million. Compared with financial year 2024, the result moved from € 1.9 million to € 1.2 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 8.8 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 596,598
▼ 9% vs 2024
€ 87,700 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.
€ 15,251
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 47.9 million
▲ 6% vs 2024
€ 11.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1 million
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 307,231
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,021,127 | € 26,781,616 | € 29,238,403 | € 27,357,344 | ▼ 6% |
| Profit after taxes | € 959,746 | € 1,630,801 | € 1,949,885 | € 1,245,961 | ▼ 36% |
| Equity | € 4,442,214 | € 5,898,016 | € 7,672,900 | € 8,818,861 | ▲ 15% |
| Total debts | € 29,919,822 | € 40,499,282 | € 48,149,083 | € 50,545,893 | ▲ 5% |
| Cash | € 997,316 | € 567,874 | € 1,079,861 | € 1,033,483 | ▼ 4% |
| Retained profit | € 4,214,351 | € 5,670,152 | € 7,445,036 | € 8,590,998 | ▲ 15% |
| Dividend | € 175,000 | € 175,000 | € 175,000 | € 100,000 | ▼ 43% |
| Bank debt | € 27,219,843 | € 37,006,854 | € 45,001,380 | € 47,871,002 | ▲ 6% |
| Balance sheet total | € 34,596,119 | € 46,624,571 | € 56,002,568 | € 59,776,237 | ▲ 7% |
| Employees (FTE) | 5.7 | 6.2 | 7.5 | 6.8 | ▼ 0.7 |
Key figures of CIACFLEET, 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 CIACFLEET?
What happened at CIACFLEET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Boris de Hemptinne stepped down as director. NBB
- Gudrun Ghijs stepped down as director. NBB
- Henri de Hemptinne stepped down as director. NBB
- Marie Françoise Wyvekens stepped down as director. NBB
- Baudouin Vandersmissen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 36% vs 2024). Source: NBB ↗
- Boris de Hemptinne became a director. NBB
- Gudrun Ghijs became a director. NBB
In short
From € 959,746 profit in 2022 to € 1.2 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.9 million profit.
Paid out € 625,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Gudrun Ghijs
Director
since 2021 · until 2027
Henri de Hemptinne
Director
Also active at: VEDIS, VANDEN POEL MOTORS, Centrum voor beroepsopleiding in de autosector en aanverwante sectoren, TRAXIO, EDUCAM SERVICE, CIAC - GENT, CARROSSERIE BIJLOKE ((Carrosserie Byloke)), CIAC Ledeberg +2 more
since 2021 · until 2027
Marie Françoise Wyvekens
Director
since 2021 · until 2027
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 506
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VEDIS same network
€ 142,326 revenue · 2025
CIAC - GENT same network
€ 36.2 million revenue · 2025
CIAC Ledeberg same network
€ 26.9 million revenue · 2025
SCHADENET BELGIE same network
€ 446,633 gross margin · 2025
VEGENT same network
+2 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
- 0428.321.910
- VAT number
- BE 0428.321.910
- Registered office
- Brusselsesteenweg 506, 9050 Gent
- Names & denominations
- CIACFLEET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1986
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur van auto's
Detailhandel in motorbrandstoffen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Kleinhandel in onderdelen en accessoires van auto's
+3