Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 1 million
▼ 68% vs 2024
Profit
Growing€ 101.4 million
▲ 42276% vs 2024
Debts
Low€ 56.8 million
▲ 3422% vs 2024
CIPAL from Geel, company number BE0442802030, closed financial year 2025 with a result of € 101.4 million after tax. For that financial year CIPAL recorded revenue of € 1 million and equity of € 62.7 million. Compared with financial year 2024, the result moved from € 239,404 to € 101.4 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 April 7, 2026.
What happened at CIPAL?
What happened at CIPAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cipal DV stepped down as director. NBB
- Lawrence Vancraeyenest stepped down as director. NBB
- Nutsbedrijven Houdstermaatschappij CV stepped down as director. NBB
- Johan Sauwens stepped down as director. NBB
- Paul Verbeeck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 101.4 million (▲ 42276% vs 2024). Source: NBB ↗
- Cipal DV became a director. NBB
- Marc Vandeput stepped down as director. NBB
In short
From € 620,419 profit in 2021 to € 101.4 million profit in 2025.
Paid € 482,476 in corporate taxes since 2021.
Best year ever: 2025, with € 101.4 million profit.
Paid out € 59.5 million in dividends to the owners in total.
A new publication or filing at CIPAL? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Cipal dienstverlenende vereniging (90%) and Nutsbedrijven Houdstermaatschappij CV (10%). It owns 49% of SC One, 16.7% of Fairville and 10% of MyCSN itself.
Directors
According to the 2025 annual accounts
Director · represented by Maarten Boonen
since 2025 · until 2031
Marc Vandeput
Vice-chairman of the board
since 2022 · until 2025
since 2025 · until 2031
Katelijne Weyns
Director
since 2022 · until 2025
Nutsbedrijven Houdstermaatschappij CV
Director · represented by Ludo Kelchtermans
Also active at: A.I.T. EUROPE, WIND EN WATER ENERGIE PRODUCENT, 3E +26 more
since 2025 · until 2031
Ludo Helsen
Chairman of the board
since 2022 · until 2025
Johan Sauwens
Director
Also active at: Vlaamse Vervoermaatschappij - De Lijn, VLAAMS SELECTIECENTRUM VOOR HET OVERHEIDSPERSONEEL C.V.B.A."TEVENS GENAAMD 'JOBPUNT VLAANDEREN' EN/ OF 'POOLSTOK'
since 2025 · until 2031
Jos Claessens
Director
since 2022 · until 2025
since 2022 · until 2025
since 2025 · until 2031
Jozef Geuens
Vice-chairman of the board
since 2022 · until 2025
Shareholders
Establishments
Establishment units
Physical locations of this company
Cipalstraat 3
2440 Geel
Cipalstraat 1
2440 Geel
Active since 31 May 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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Details
- Company number
- 0442.802.030
- VAT number
- BE 0442.802.030
- Registered office
- Cipalstraat 3, 2440 Geel
- Names & denominations
- CIPAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1990
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- info@cipal.be
- Activities · NACE
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