What does CID LINES do?

CID LINES is registered with the CBE as active in: Vervaardiging van poets- en reinigingsmiddelen. Public Limited, started on 28 November 1988, 3 establishments.

What is the address of CID LINES?

The registered office of CID LINES is located at Waterpoortstraat 2, 8900 Ieper.

Is CID LINES still active?

Yes. According to the CBE (29 October 2026) CID LINES is active, legal situation “Normale toestand”, started on 28 November 1988.

Is CID LINES registered on Peppol?

Yes, CID LINES is registered on the Peppol network with ID 0208:0435921958.

What is the enterprise number of CID LINES?

The enterprise number of CID LINES is BE0435921958.

When was CID LINES founded?

CID LINES was founded on 28 November 1988.

Who are the directors of CID LINES?

According to the 2025 annual accounts, the directors of CID LINES are: Matthias Arnold, Veerle Van Wichelen.

Is CID LINES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 November 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did CID LINES make in 2025?

CID LINES posted a profit after taxes of € 14,064,638 in financial year 2025.

What is the revenue of CID LINES?

In its most recent annual accounts (2025), CID LINES reported revenue of € 126,357,931.

How much does an employee at CID LINES earn?

The average wage cost per full-time employee at CID LINES was € 80,400 in 2025: staff costs of € 13 million for 161.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CID LINES have?

According to the 2025 annual accounts, CID LINES has 161.9 full-time equivalents (FTE).

CID LINES (Public Limited) - Ieper - BE0435921958

Dossier CID LINES, printed on 29 October 2026 from databakkes.be/en/0435921958/cid-lines. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CID LINES from Ieper, company number BE0435921958, closed financial year 2025 with a result of € 14.1 million after tax. For that financial year CID LINES recorded revenue of € 126.4 million and equity of € 65.3 million. Compared with financial year 2024, the result moved from € 9.1 million to € 14.1 million. Profitable, and profit is growing. 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 26, 2026.

What it is worth Growing

€ 65.3 million

▲ 27% vs 2024

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

Profit Growing

€ 14.1 million

▲ 54% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30.8 million

▼ 2% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 18.9 million.

People and assets in 2025

Full-time equivalents

161.9

▼ 15.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 62 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 13 million

▼ 6% vs 2024

€ 80,400 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.

Vehicles and equipment

€ 351,145

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 28.2 million

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.

Taxes and wages

€ 2.9 million

▼ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 114,819,307 Revenue 2022: € 114,819,307 First fiscal year in the series	€ 124,001,049 Revenue 2023: € 124,001,049 ▲ 8% vs 2022 (€ 114,819,307) Favourable step	€ 125,225,606 Revenue 2024: € 125,225,606 ▲ 1% vs 2023 (€ 124,001,049) Favourable step	€ 126,357,931 Revenue 2025: € 126,357,931 ▲ 1% vs 2024 (€ 125,225,606) Favourable step	▲ 1%
Profit after taxes	€ 1,663,972 Profit after taxes 2022: € 1,663,972 First fiscal year in the series	€ 27,139,617 Profit after taxes 2023: € 27,139,617 ▲ € 25.5 million vs 2022 (€ 1,663,972) Favourable step	€ 9,108,550 Profit after taxes 2024: € 9,108,550 ▼ 66% vs 2023 (€ 27,139,617) Unfavourable step	€ 14,064,638 Profit after taxes 2025: € 14,064,638 ▲ 54% vs 2024 (€ 9,108,550) Favourable step	▲ 54%
Equity	€ 48,892,538 Equity 2022: € 48,892,538 First fiscal year in the series	€ 56,581,411 Equity 2023: € 56,581,411 ▲ 16% vs 2022 (€ 48,892,538) Favourable step	€ 51,189,960 Equity 2024: € 51,189,960 ▼ 10% vs 2023 (€ 56,581,411) Unfavourable step	€ 65,254,598 Equity 2025: € 65,254,598 ▲ 27% vs 2024 (€ 51,189,960) Favourable step	▲ 27%
Total debts	€ 26,899,526 Total debts 2022: € 26,899,526 First fiscal year in the series	€ 41,842,172 Total debts 2023: € 41,842,172 ▲ 56% vs 2022 (€ 26,899,526) Unfavourable step	€ 39,049,095 Total debts 2024: € 39,049,095 ▼ 7% vs 2023 (€ 41,842,172) Favourable step	€ 31,827,069 Total debts 2025: € 31,827,069 ▼ 18% vs 2024 (€ 39,049,095) Favourable step	▼ 18%
Cash	€ 8,942,915 Cash 2022: € 8,942,915 First fiscal year in the series	€ 33,603,797 Cash 2023: € 33,603,797 ▲ 276% vs 2022 (€ 8,942,915) Favourable step	€ 31,591,201 Cash 2024: € 31,591,201 ▼ 6% vs 2023 (€ 33,603,797) Unfavourable step	€ 30,824,205 Cash 2025: € 30,824,205 ▼ 2% vs 2024 (€ 31,591,201) Unfavourable step	▼ 2%
Land & buildings	€ 7,038,995 Land & buildings 2022: € 7,038,995 First fiscal year in the series	€ 7,632,654 Land & buildings 2023: € 7,632,654 ▲ 8% vs 2022 (€ 7,038,995) Unchanged	€ 7,434,024 Land & buildings 2024: € 7,434,024 ▼ 3% vs 2023 (€ 7,632,654) Unchanged	€ 7,400,590 Land & buildings 2025: € 7,400,590 Unchanged (€ 7,434,024) Unchanged
Retained profit	€ 12,816,233 Retained profit 2022: € 12,816,233 First fiscal year in the series	€ 10,231,221 Retained profit 2023: € 10,231,221 ▼ 20% vs 2022 (€ 12,816,233) Unfavourable step	€ 4,839,770 Retained profit 2024: € 4,839,770 ▼ 53% vs 2023 (€ 10,231,221) Unfavourable step	€ 18,904,408 Retained profit 2025: € 18,904,408 ▲ 291% vs 2024 (€ 4,839,770) Favourable step	▲ 291%
Dividend	€ 5,000,000 Dividend 2022: € 5,000,000 First fiscal year in the series	€ 20,000,000 Dividend 2023: € 20,000,000 ▲ 300% vs 2022 (€ 5,000,000) Unchanged	€ 14,500,000 Dividend 2024: € 14,500,000 ▼ 28% vs 2023 (€ 20,000,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 14,500,000) Unchanged	▼ 100%
Balance sheet total	€ 75,792,063 Balance sheet total 2022: € 75,792,063 First fiscal year in the series	€ 98,423,583 Balance sheet total 2023: € 98,423,583 ▲ 30% vs 2022 (€ 75,792,063) Unchanged	€ 90,239,056 Balance sheet total 2024: € 90,239,056 ▼ 8% vs 2023 (€ 98,423,583) Unchanged	€ 97,081,667 Balance sheet total 2025: € 97,081,667 ▲ 8% vs 2024 (€ 90,239,056) Unchanged	▲ 8%
Employees (FTE)	158.3 Employees (FTE) 2022: 158.3 First fiscal year in the series	163.6 Employees (FTE) 2023: 163.6 ▲ 5.3 vs 2022 (158.3) Unchanged	177.5 Employees (FTE) 2024: 177.5 ▲ 13.9 vs 2023 (163.6) Unchanged	161.9 Employees (FTE) 2025: 161.9 ▼ 15.6 vs 2024 (177.5) Unchanged	▼ 15.6

Key figures of CID LINES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.

What happened to CID LINES?

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

2030 Veerle Van Wichelen stepped down as director. NBB
May 26, 2026 New annual accounts for financial year 2025: profit of € 14.1 million (▲ 54% vs 2024). Source: NBB ↗
2025 Matthias Arnold became a director. NBB
Jun 29, 2024 New establishment in Ieper. KBO
2024 Veerle Van Wichelen became a director. NBB
Jan 1, 2016 New establishment in Ieper. KBO
Dec 14, 1988 New establishment in Ieper. KBO
Nov 28, 1988 Start of the company according to the CBE. KBO

In short

From € 1.7 million profit in 2022 to € 14.1 million profit in 2025.

Paid € 17 million in corporate taxes since 2022.

Best year ever: 2023, with € 27.1 million profit.

Paid out € 39.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Matthias Arnold

CID LINES

Cid Lines spzoo 100%

Cid Lines ooo 100%

Meratech Rus group ooo 100%

Behind CID LINES is Matthias Arnold. It owns 100% of Cid Lines spzoo, 100% of Cid Lines ooo and 100% of Meratech Rus group ooo itself.

Directors

According to the 2025 annual accounts

Matthias Arnold

Gedelegeerd bestuurder

since 2025

Veerle Van Wichelen

Gedelegeerd bestuurder

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Waterpoortstraat 2

8900 Ieper

2.288.181.597

Oostkaai 20

8900 Ieper

Active since 1 January 2016

2.362.104.309

Oostkaai 38

8900 Ieper

Active since 29 June 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0435.921.958

VAT number

BE 0435.921.958

Registered office

Waterpoortstraat 2, 8900 Ieper

Names & denominations

CID LINES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 November 1988

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Vervaardiging van poets- en reinigingsmiddelen

Vervaardiging van poets- en onderhoudsmiddelen

Vervaardiging van zeep en wasmiddelen

Speur- en ontwikkelingswerk op biotechnologisch gebied

Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied

Speur- en ontwikkelingswerk op het gebied van de maatschappij- en geesteswetenschappen

Vervaardiging van farmaceutische grondstoffen

Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied

View on CBE Public ↗ Annual accounts (NBB) ↗

CID LINES

Financials

What happened to CID LINES?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions