Active · per the CBE, 29 October 2026

CEMCO

BE0461741081

Rechtspersoon Private limited company 1 establishment

CEMCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 27 October 1997, 1 establishment.

Middelburgstraat 64 box B, 1170 Watermaal-Bosvoorde

Behind the company: Louis Raes, Annie Guillaume Claes.

Active for

29 year

Financials

Financial year 2025

CEMCO from Watermaal-Bosvoorde, company number BE0461741081, closed financial year 2025 with a result of € 308,633 after tax. For that financial year CEMCO recorded a gross margin of € 386,679 and equity of € 444,971. Compared with financial year 2024, the result moved from € -2.3 million to € 308,633. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Growing

€ 444,971

▲ 226% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 308,633

▲ still € 2.3 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 126,815

▲ 117% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -2 million.

People and assets in 2025

Vehicles and equipment

€ 25,607

▲ € 23,220 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 867,566

▲ € 826,869 vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 60,640

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,471

▲ 52% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 2,887 € 46,739 € 148,441 € 386,679 ▲ 160%
Profit after taxes € 1,829 € 30,965 € -2,290,472 € 308,633 ▲ € 2.6 million
Equity € 2,395,846 € 2,426,810 € 136,338 € 444,971 ▲ 226%
Total debts € 7,692 € 14,857 € 51,370 € 943,926 ▲ € 892,556
Cash € 10 € 16,539 € 58,546 € 126,815 ▲ 117%
Land & buildings - - - € 1,177,605
Retained profit € -22,746 € 8,218 € -2,282,254 € -1,973,621 ▲ € 308,633
Bank debt € 6,800 € 1,300 € 40,697 € 867,566 ▲ € 826,869
Balance sheet total € 2,403,538 € 2,441,667 € 187,708 € 1,388,897 ▲ € 1.2 million

Key figures of CEMCO, 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 CEMCO?

What happened at CEMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 308,633. Source: NBB ↗
  • New establishment in Watermaal-Bosvoorde. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,829 profit in 2022 to € 308,633 profit in 2025.

Paid € 62,420 in corporate taxes since 2022.

Best year ever: 2025, with € 308,633 profit.

Original PDFs at the National Bank ↗

Management

Louis Raes Annie Guillaume Claes
HM-INSIGHT
LES GENETS
CEMCO
VULCAN PARTNERS
+4

Behind CEMCO are Louis Raes and Annie Guillaume Claes. Louis Raes is also behind HM-INSIGHT, LES GENETS, THE WAVE, URBIZ and MFM DIGITAL. Annie Guillaume Claes is also behind VULCAN PARTNERS.

Directors

According to the 2025 annual accounts

Louis Raes

Director

Also active at: HM-INSIGHT, LES GENETS, THE WAVE, URBIZ, MFM DIGITAL, URBIZ.IMMO

Annie Guillaume Claes

Director

Also active at: VULCAN PARTNERS

Establishments

Establishment units

Physical locations of this company

Registered office

Middelburgstraat 64 box B

1170 Watermaal-Bosvoorde

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 →

Géomètres Experts fonciers européens

R'Solutions

€ 3,157 gross margin · 2025

MEDICIMMO REAL ESTATE

€ 3,409 gross margin · 2025

WECOMPLY

€ 12,112 gross margin · 2025

BARAKAH CHARITY BELGIUM

€ 95,993 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0461.741.081
VAT number
BE 0461.741.081
Registered office
Middelburgstraat 64 bus B, 1170 Watermaal-Bosvoorde
Names & denominations
CEMCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 October 1997
Peppol
Active · Active since 19 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

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does CEMCO do?
CEMCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 27 October 1997, 1 establishment.
What is the address of CEMCO?
The registered office of CEMCO is located at Middelburgstraat 64 box B, 1170 Watermaal-Bosvoorde.
Is CEMCO still active?
Yes. According to the CBE (29 October 2026) CEMCO is active, legal situation “Normale toestand”, started on 27 October 1997.
Is CEMCO registered on Peppol?
Yes, CEMCO is registered on the Peppol network with ID 0208:0461741081.
What is the enterprise number of CEMCO?
The enterprise number of CEMCO is BE0461741081.
When was CEMCO founded?
CEMCO was founded on 27 October 1997.