Financials
Financial year 2025
CEBELEC from Knokke-Heist, company number BE0461506006, closed financial year 2025 with a result of € 3.7 million after tax. For that financial year CEBELEC recorded a gross margin of € -59,135 and equity of € 64.9 million. Compared with financial year 2024, the result moved from € 1.4 million to € 3.7 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 August 31, 2026.
€ 64.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.7 million
▲ 168% vs 2024
Profit after tax over the fiscal year.
€ 2.4 million
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 63.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 197
▼ € 49,077 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -34,270 | € -33,880 | € -32,103 | € -59,135 | ▼ € 27,031 |
| Profit after taxes | € -383,807 | € 4,568,444 | € 1,364,019 | € 3,662,151 | ▲ 168% |
| Equity | € 69,189,904 | € 59,853,406 | € 61,217,425 | € 64,879,577 | ▲ 6% |
| Total debts | € 30,250 | € 4,003 | € 202,167 | € 578,425 | ▲ 186% |
| Cash | € 4,389,998 | € 4,462,566 | € 1,981,655 | € 2,384,478 | ▲ 20% |
| Retained profit | € 67,417,466 | € 58,080,968 | € 59,444,986 | € 63,107,138 | ▲ 6% |
| Dividend | € 0 | € 13,904,941 | € 0 | € 0 | |
| Balance sheet total | € 69,220,154 | € 59,857,409 | € 61,419,592 | € 65,458,001 | ▲ 7% |
Key figures of CEBELEC, 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 CEBELEC?
What happened at CEBELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.7 million (▲ 168% vs 2024). filed late Source: NBB ↗
- Christian Bultiauw became a director. NBB
- Caroline Bultiauw became a director. NBB
- Joëlle Bultiauw became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 383,807 loss in 2022 to € 3.7 million profit in 2025.
Paid € 590,344 in corporate taxes since 2022.
Best year ever: 2023, with € 4.6 million profit.
Paid out € 13.9 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CEBELEC are Christian Bultiauw, Caroline Bultiauw and Joëlle Bultiauw. It owns 100% of Pastoor Termote, 35.2% of Aya Properties Fund, 25% of Black Goose, 25% of Black Duck, 15% of Ziphius Vaccines and 14.3% of Black Panther itself.
Directors
According to the 2025 annual accounts
Christian Bultiauw
Managing director
Also active at: CB CLASSIC CARS, VIGNÉE INVEST, COFIMEX, UNIMMO INVEST, BLACK DUCK, BLACK GOOSE, BLACK PANTHER, BLACK SWAN +1 more
since 2015
Caroline Bultiauw
Managing director
Also active at: CB CLASSIC CARS, VIGNÉE INVEST, COFIMEX, CBV INVEST, UNIMMO INVEST, ZATTARA
since 2011
Joëlle Bultiauw
Managing director
Also active at: SAMENWERKENDE VENNOTEN COCKHEYT GEBROEDERS, CB CLASSIC CARS, VIGNÉE INVEST, COFIMEX, UNIMMO INVEST, ACE FIELDS, ZATTARA
since 2011
Establishments
Establishment units
Physical locations of this company
Boslaan 9A
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0461.506.006
- VAT number
- BE 0461.506.006
- Registered office
- Boslaan 9A, 8300 Knokke-Heist
- Names & denominations
- CEBELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1997
- Peppol
- Active · Active since 9 Dec 2025