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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIDEC from Harelbeke, company number BE0441968127, closed financial year 2025 with a result of € 209,776 after tax. Compared with financial year 2024, the result moved from € 124,392 to € 209,776. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.6 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,776
▲ 69% vs 2024
Profit after tax over the fiscal year.
€ 250,000
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 854
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 30,465
▲ 166% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 280,689 | € 146,997 | € 124,392 | € 209,776 | ▲ 69% |
| Equity | € 1,142,356 | € 1,289,353 | € 1,413,745 | € 1,623,521 | ▲ 15% |
| Total debts | € 4,973,378 | € 7,708,809 | € 7,353,527 | € 7,085,112 | ▼ 4% |
| Cash | € 250,000 | € 250,000 | € 250,000 | € 250,000 | |
| Land & buildings | € 1,983,397 | € 8,497,254 | € 8,331,197 | € 8,364,504 | |
| Retained profit | € 1,079,856 | € 1,226,853 | € 1,351,245 | € 1,561,021 | ▲ 16% |
| Balance sheet total | € 6,115,734 | € 8,998,162 | € 8,767,272 | € 8,708,633 | ▼ 1% |
Key figures of CIDEC, 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 CIDEC?
What happened at CIDEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hunter Douglas Belgium NV stepped down as director. NBB
- Frederikus Hassing stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 209,776 (▲ 69% vs 2024). Source: NBB ↗
- Hunter Douglas Belgium NV became a director. NBB
- Frederikus Hassing became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 280,689 profit in 2022 to € 209,776 profit in 2025.
Paid € 320,155 in corporate taxes since 2022.
Best year ever: 2022, with € 280,689 profit.
Pays suppliers within 17 days on average.
Management
The shares are held by Hunter Douglas Belgium NV (99.9%) and Buismetaal III BV (0.1%).
Directors
According to the 2025 annual accounts
since 2024 · until 2027
since 2026 · until 2028
Shareholders
Buismetaal III BV
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijksweg 125
8531 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.968.127
- VAT number
- BE 0441.968.127
- Registered office
- Rijksweg 125, 8531 Harelbeke
- Names & denominations
- CIDEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1990
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen