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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CEDAU from Flobecq, company number BE0452567950, closed financial year 2025 with a result of € -16,941 after tax. For that financial year CEDAU recorded a gross margin of € 20,856 and equity of € 122,608. Compared with financial year 2024, the result moved from € -15,437 to € -16,941. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 122,608
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,941
▼ 10 % more loss than in 2024
Profit after tax over the fiscal year.
€ 526
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,814.
Debts at end 2025
€ 355
▼ 85% vs 2024
Loans from banks and other lenders, long and short.
€ 2,191
Supplier invoices still open on the last day of the fiscal year.
€ 28
▼ 97% 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 | € -8,515 | € 25,506 | € 18,311 | € 20,856 | ▲ 14% |
| Profit after taxes | € -46,680 | € -11,998 | € -15,437 | € -16,941 | ▼ € 1,504 |
| Equity | € 166,984 | € 154,986 | € 139,549 | € 122,608 | ▼ 12% |
| Total debts | € 95,051 | € 116,496 | € 113,224 | € 31,258 | ▼ 72% |
| Cash | € 4,295 | € 916 | € 525 | € 526 | |
| Land & buildings | € 144,954 | € 135,130 | € 125,307 | € 115,483 | ▼ 8% |
| Retained profit | € 31,562 | € 11,507 | € 4,127 | € -12,814 | ▼ € 16,941 |
| Bank debt | € 9,815 | € 6,111 | € 2,439 | € 355 | ▼ 85% |
| Balance sheet total | € 262,035 | € 271,482 | € 252,773 | € 153,866 | ▼ 39% |
Key figures of CEDAU, 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 CEDAU?
What happened at CEDAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,941. filed late Source: NBB ↗
- Holdair SA became a director. NBB
- New establishment in Flobecq. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,680 loss in 2022 to € 16,941 loss in 2025.
Management
Behind CEDAU is Holdair SA. Holdair SA is also behind FITAIR.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Bichurées 2
7880 Flobecq
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.567.950
- VAT number
- BE 0452.567.950
- Registered office
- Bichurées 2, 7880 Flobecq
- Names & denominations
- CEDAU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1994
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
Opslag