Financials
Financial year 2025
CIBOR from Meerhout, company number BE0451884594, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year CIBOR recorded revenue of € 15.9 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.7 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 March 24, 2026.
€ 3.4 million
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 635,000 paid out
37 % of the profit went to the shareholders, mostly to CIHOLD (100 % of the shares). That is where the money ends up.
People and assets in 2025
105.2
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▲ 8% vs 2024
€ 71,100 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.
€ 1.1 million
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 237,905
▲ 49% vs 2024
€ 59,931 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 586,985
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 986,878
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 12,856,404 | € 15,209,183 | € 15,937,607 | ▲ 5% |
| Gross margin | € 7,580,064 | - | - | - | |
| Profit after taxes | € 1,443,262 | € 1,318,091 | € 1,328,925 | € 1,727,702 | ▲ 30% |
| Equity | € 1,663,891 | € 2,495,981 | € 2,325,907 | € 3,418,609 | ▲ 47% |
| Total debts | € 2,890,053 | € 1,916,632 | € 3,199,703 | € 2,529,479 | ▼ 21% |
| Cash | € 1,516,573 | € 1,409,807 | € 1,728,804 | € 2,015,460 | ▲ 17% |
| Retained profit | € 1,602,391 | € 2,434,481 | € 2,264,407 | € 3,357,109 | ▲ 48% |
| Dividend | € 540,000 | € 486,000 | € 1,499,000 | € 635,000 | ▼ 58% |
| Bank debt | € 124,291 | € 644 | € 159,678 | € 237,905 | ▲ 49% |
| Balance sheet total | € 4,553,944 | € 4,412,613 | € 5,525,610 | € 5,948,088 | ▲ 8% |
| Employees (FTE) | 84.5 | 91.9 | 100.8 | 105.2 | ▲ 4.4 |
Key figures of CIBOR, 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 April 2027.
What happened to CIBOR?
What happened at CIBOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CIHOLD BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ 30% vs 2024). Source: NBB ↗
- CIHOLD BV became a director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
On average € 89,700 of value added per employee in 2022.
Management
The stake of CIHOLD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CIBORThe shares are held by CIHOLD (99.6%).
Directors
According to the 2025 annual accounts
Managing director · represented by Patrick PEETERS
Also active at: ELMAT, CIBOR BETONBORINGEN, ELMAT 2
since 2022 · until 2028
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtsstraat 7
2450 Meerhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0451.884.594
- VAT number
- BE 0451.884.594
- Registered office
- Ambachtsstraat 7, 2450 Meerhout
- Names & denominations
- CIBOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1994
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Proefboren en boren
Overige gespecialiseerde bouwwerkzaamheden
Overige reparaties, n.e.g.
Reparatie en onderhoud van consumentenartikelen, neg