Financials
Financial year 2025
CBL-WELDING from Tielt, company number BE0453403041, closed financial year 2025 with a result of € 802,917 after tax. For that financial year CBL-WELDING recorded a gross margin of € 2.3 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 841,602 to € 802,917. 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 March 20, 2026.
€ 3.6 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 802,917
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 214,045
▲ € 179,649 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
25 % of the profit went to the shareholders, mostly to CINKO INVEST (50 % of the shares). That is where the money ends up.
People and assets in 2025
5.5
Average over the fiscal year, from the social balance sheet.
€ 482,396
▲ 1% vs 2024
€ 87,700 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.
€ 114,206
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.7 million
▲ 95% vs 2024
€ 264,797 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1.6 million
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,730
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,123,942 | € 1,675,202 | € 1,809,648 | € 2,287,395 | ▲ 26% |
| Profit after taxes | € 379,114 | € 705,206 | € 841,602 | € 802,917 | ▼ 5% |
| Equity | € 1,583,851 | € 2,188,203 | € 3,029,805 | € 3,632,722 | ▲ 20% |
| Total debts | € 4,550,546 | € 3,703,832 | € 3,460,708 | € 5,541,190 | ▲ 60% |
| Cash | € 70,854 | € 289,527 | € 34,396 | € 214,045 | ▲ € 179,649 |
| Land & buildings | € 1,405,670 | € 1,392,277 | € 1,347,832 | € 3,354,102 | ▲ 149% |
| Retained profit | € 1,565,301 | € 2,169,653 | € 3,011,255 | € 3,614,172 | ▲ 20% |
| Dividend | € 22,833 | € 100,855 | € 0 | € 200,000 | |
| Bank debt | € 2,552,491 | € 1,986,971 | € 1,906,798 | € 3,715,335 | ▲ 95% |
| Balance sheet total | € 6,134,397 | € 5,892,035 | € 6,490,513 | € 9,173,911 | ▲ 41% |
| Employees (FTE) | 3.9 | 5.3 | 5.5 | 5.5 |
Key figures of CBL-WELDING, 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 CBL-WELDING?
What happened at CBL-WELDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 802,917 (▼ 5% vs 2024). Source: NBB ↗
- CINKO Invest became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 379,114 profit in 2022 to € 802,917 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2024, with € 841,602 profit.
On average € 415,900 of value added per employee in 2025.
Management
The stake of CINKO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CBL-WELDINGBehind CBL-WELDING is CINKO Invest. The shares are held by CINKO INVEST (50%).
Directors
According to the 2025 annual accounts
Director · represented by Coussens Koen
since 2022
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Astridlaan 11
8760 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Domain
Domain
cbl-welding.com
Registered
2003-03-31
Registrar
Ascio Technologies, Inc
Expires
2026-03-31
Website info
Features
Security
Details
- Company number
- 0453.403.041
- VAT number
- BE 0453.403.041
- Registered office
- Astridlaan 11, 8760 Tielt
- Names & denominations
- CBL-WELDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 1994
- Peppol
- Active · Active since 14 Oct 2026
- Contact
- cbl-welding.com
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in gereedschapswerktuigen
Groothandel in andere machines en werktuigen, n.e.g.