What does CIFRAES CONSULTANTS do?

CIFRAES CONSULTANTS is an accounting firm in Watermaal-Bosvoorde. Private Limited, started on 24 December 1991, 1 establishment.

What is the address of CIFRAES CONSULTANTS?

The registered office of CIFRAES CONSULTANTS is located at Terhulpsesteenweg 177 box 11, 1170 Watermaal-Bosvoorde.

Is CIFRAES CONSULTANTS still active?

Yes. According to the CBE (30 October 2026) CIFRAES CONSULTANTS is active, legal situation “Normale toestand”, started on 24 December 1991.

Is CIFRAES CONSULTANTS registered on Peppol?

Yes, CIFRAES CONSULTANTS is registered on the Peppol network with ID 0208:0446187924.

What is the enterprise number of CIFRAES CONSULTANTS?

The enterprise number of CIFRAES CONSULTANTS is BE0446187924.

When was CIFRAES CONSULTANTS founded?

CIFRAES CONSULTANTS was founded on 24 December 1991.

Who are the directors of CIFRAES CONSULTANTS?

According to the 2025 annual accounts, the directors of CIFRAES CONSULTANTS are: René MILLIEX.

Is CIFRAES CONSULTANTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 December 1991; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did CIFRAES CONSULTANTS make in 2025?

CIFRAES CONSULTANTS posted a profit after taxes of € 6 in financial year 2025.

What is the revenue of CIFRAES CONSULTANTS?

As a small company, CIFRAES CONSULTANTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 77,188.

How much does an employee at CIFRAES CONSULTANTS earn?

The average wage cost per full-time employee at CIFRAES CONSULTANTS was € 40,600 in 2023: staff costs of € 60,942 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

CIFRAES CONSULTANTS (Private Limited)

Dossier CIFRAES CONSULTANTS, printed on 30 October 2026 from databakkes.be/en/0446187924/cifraes-consultants. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

CIFRAES CONSULTANTS from Watermaal-Bosvoorde, company number BE0446187924, closed financial year 2025 with a result of € 6 after tax. For that financial year CIFRAES CONSULTANTS recorded a gross margin of € 77,188 and equity of € 210,081. Compared with financial year 2024, the result moved from € 1,679 to € 6. The company is profitable. 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 October 8, 2026.

What it is worth Growing

€ 210,081

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

Profit Healthy

€ 6

▼ € 1,673 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 42,887

▲ € 39,543 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 € 110,081.

People and assets in 2025

Wage cost

€ 41,365

▼ 11% vs 2024

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

€ 794

▼ 46% 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

€ 130,103

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 37,350

▼ 4% 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
Gross margin	€ 122,312 Gross margin 2022: € 122,312 First fiscal year in the series	€ 130,855 Gross margin 2023: € 130,855 ▲ 7% vs 2022 (€ 122,312) Favourable step	€ 96,208 Gross margin 2024: € 96,208 ▼ 26% vs 2023 (€ 130,855) Unfavourable step	€ 77,188 Gross margin 2025: € 77,188 ▼ 20% vs 2024 (€ 96,208) Unfavourable step	▼ 20%
Profit after taxes	€ 1,810 Profit after taxes 2022: € 1,810 First fiscal year in the series	€ 2,794 Profit after taxes 2023: € 2,794 ▲ 54% vs 2022 (€ 1,810) Favourable step	€ 1,679 Profit after taxes 2024: € 1,679 ▼ 40% vs 2023 (€ 2,794) Unfavourable step	€ 6 Profit after taxes 2025: € 6 ▼ € 1,673 vs 2024 (€ 1,679) Unfavourable step	▼ € 1,673
Equity	€ 205,602 Equity 2022: € 205,602 First fiscal year in the series	€ 208,396 Equity 2023: € 208,396 ▲ 1% vs 2022 (€ 205,602) Favourable step	€ 210,075 Equity 2024: € 210,075 ▲ 1% vs 2023 (€ 208,396) Favourable step	€ 210,081 Equity 2025: € 210,081 Unchanged (€ 210,075) Favourable step
Total debts	€ 285,878 Total debts 2022: € 285,878 First fiscal year in the series	€ 248,245 Total debts 2023: € 248,245 ▼ 13% vs 2022 (€ 285,878) Favourable step	€ 264,418 Total debts 2024: € 264,418 ▲ 7% vs 2023 (€ 248,245) Unfavourable step	€ 195,566 Total debts 2025: € 195,566 ▼ 26% vs 2024 (€ 264,418) Favourable step	▼ 26%
Cash	€ 9,636 Cash 2022: € 9,636 First fiscal year in the series	€ 39,608 Cash 2023: € 39,608 ▲ € 29,972 vs 2022 (€ 9,636) Favourable step	€ 3,344 Cash 2024: € 3,344 ▼ 92% vs 2023 (€ 39,608) Unfavourable step	€ 42,887 Cash 2025: € 42,887 ▲ € 39,543 vs 2024 (€ 3,344) Favourable step	▲ € 39,543
Retained profit	€ 105,602 Retained profit 2022: € 105,602 First fiscal year in the series	€ 108,396 Retained profit 2023: € 108,396 ▲ 3% vs 2022 (€ 105,602) Favourable step	€ 110,075 Retained profit 2024: € 110,075 ▲ 2% vs 2023 (€ 108,396) Favourable step	€ 110,081 Retained profit 2025: € 110,081 Unchanged (€ 110,075) Favourable step
Bank debt	€ 51,589 Bank debt 2022: € 51,589 First fiscal year in the series	€ 14,369 Bank debt 2023: € 14,369 ▼ 72% vs 2022 (€ 51,589) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 14,369) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 491,479 Balance sheet total 2022: € 491,479 First fiscal year in the series	€ 456,641 Balance sheet total 2023: € 456,641 ▼ 7% vs 2022 (€ 491,479) Unchanged	€ 474,493 Balance sheet total 2024: € 474,493 ▲ 4% vs 2023 (€ 456,641) Unchanged	€ 405,647 Balance sheet total 2025: € 405,647 ▼ 15% vs 2024 (€ 474,493) Unchanged	▼ 15%
Employees (FTE)	-	1.5 Employees (FTE) 2023: 1.5 First fiscal year in the series	-	-

Key figures of CIFRAES CONSULTANTS, 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 CIFRAES CONSULTANTS?

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

Oct 8, 2026 New annual accounts for financial year 2025: profit of € 6 (▼ € 1,673 vs 2024). filed late Source: NBB ↗
2020 René MILLIEX became a director. NBB
Jul 30, 2009 New establishment in Watermaal-Bosvoorde. KBO
Dec 24, 1991 Start of the company according to the CBE. KBO

In short

From € 1,810 profit in 2022 to € 6 profit in 2025.

Paid € 40,919 in corporate taxes since 2022.

Best year ever: 2023, with € 2,794 profit.

On average € 87,200 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

M&A CONSULTING 99.6%

The stake of M&A CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CIFRAES CONSULTANTS

COMPTANET 100%

M.V. SOLUTIONS 100%

Behind CIFRAES CONSULTANTS is René MILLIEX. The shares are held by M&A CONSULTING (99.6%). It owns 100% of COMPTANET and 100% of M.V. SOLUTIONS itself.

Directors

According to the 2025 annual accounts

René MILLIEX

Administrator-manager

since 2020

Shareholders

M&A CONSULTING

99.6%

Participations

COMPTANET

100%

M.V. SOLUTIONS

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Terhulpsesteenweg 177 box 11

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

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Details

Company number: 0446.187.924
VAT number: BE 0446.187.924
Registered office: Terhulpsesteenweg 177 bus 11, 1170 Watermaal-Bosvoorde
Names & denominations: CIFRAES CONSULTANTS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 24 December 1991
Peppol: Active · Active since 9 Feb 2026
Activities · NACE: Activiteiten van (gecertificeerde) (fiscaal) accountants

View on CBE Public ↗ Annual accounts (NBB) ↗