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
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CEDES from Brussel, company number BE0448462375, closed financial year 2025 with a result of € 135,349 after tax. For that financial year CEDES recorded a gross margin of € 265,779 and equity of € 721,148. Compared with financial year 2024, the result moved from € 76,993 to € 135,349. 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 August 5, 2026.
€ 721,148
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 135,349
▲ 76% vs 2024
Profit after tax over the fiscal year.
€ 105,135
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 134,059 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 115,183
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 278,357
Loans from banks and other lenders, long and short.
€ 14,258
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,889
▲ 17% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 187,336 | € 194,602 | € 196,721 | € 265,779 | ▲ 35% |
| Profit after taxes | € 90,005 | € 85,018 | € 76,993 | € 135,349 | ▲ 76% |
| Equity | € 642,847 | € 677,865 | € 719,858 | € 721,148 | |
| Total debts | € 424,637 | € 431,843 | € 450,852 | € 475,507 | ▲ 5% |
| Cash | € 159,041 | € 182,832 | € 122,649 | € 105,135 | ▼ 14% |
| Land & buildings | € 628,314 | € 598,515 | € 565,096 | € 536,912 | ▼ 5% |
| Retained profit | € 96,634 | € 131,652 | € 173,644 | € 174,934 | ▲ 1% |
| Dividend | € 80,000 | € 50,000 | € 35,000 | € 134,059 | ▲ 283% |
| Bank debt | € 278,357 | € 278,357 | € 278,357 | € 278,357 | |
| Balance sheet total | € 1,067,484 | € 1,109,708 | € 1,170,710 | € 1,196,655 | ▲ 2% |
Key figures of CEDES, 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 CEDES?
What happened at CEDES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 135,349 (▲ 76% vs 2024). filed late Source: NBB ↗
- Patricia Desimpel stepped down as director. NBB
- Bernard Santens stepped down as director. NBB
- Patricia Desimpel became a director. NBB
- Bernard Santens became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,005 profit in 2022 to € 135,349 profit in 2025.
Paid € 116,100 in corporate taxes since 2022.
Best year ever: 2025, with € 135,349 profit.
Paid out € 299,059 in dividends to the owners in total.
Management
It owns 25% of SolarRhode and 0.2% of RF-Technologies itself.
Directors
According to the 2025 annual accounts
Patricia Desimpel
Managing director
Also active at: IMMO DESIMPEL, Groote Speye, Immo Matisse, Rf TECHNOLOGIES, DE SPEYEBEEK, ALUCLAEYS INVEST, DESIMPEL REAL ESTATE, DEKOSIM +7 more
since 2014 · until 2026
Bernard Santens
Director
Also active at: GOLF- EN COUNTRYCLUB N.V., Golf- en Countryclub Oudenaarde, Rf TECHNOLOGIES, DESIMPEL REAL ESTATE, FAST CHARGING RHODE, SolarRhode, JELOMA, ROYAL GOLFCLUB OUDENAARDE
since 2014 · until 2026
Establishments
Establishment units
Physical locations of this company
Drukpersstraat 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Grada
Société de Gestion patrimoniale et financière
€ 557,981 gross margin · 2026
Schalbroek
€ -20,347 gross margin · 2025
Immobilière du Boulevard
€ 31,024 gross margin · 2025
Société anonyme belge de la Forêt du Paular
€ -93,395 gross margin · 2025
+44 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
- 0448.462.375
- VAT number
- BE 0448.462.375
- Registered office
- Drukpersstraat 4, 1000 Brussel
- Names & denominations
- CEDES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 1992
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van syndici van onroerend goed
Creatie van beeldende kunsten
Detailhandel in cultuur- en recreatieartikelen, neg
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Ondersteunende activiteiten voor scheppende kunsten
+1