Financials
Financial year 2025
Ceti Systems from Oudergem, company number BE0463081265, closed financial year 2025 with a result of € 9,504 after tax. For that financial year Ceti Systems recorded a gross margin of € 23,708 and equity of € 10,910. Compared with financial year 2024, the result moved from € -1,133 to € 9,504. 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 22, 2026.
€ 10,910
▲ € 9,504 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,504
▲ still € 1,133 loss in 2024
Profit after tax over the fiscal year.
€ 20,807
▲ € 17,386 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 € -7,682.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,040
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21,443
▼ 32% vs 2024
€ 9,897 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,858
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,309
▲ 7% 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 | € -6,679 | € 15,804 | € 15,079 | € 23,708 | ▲ 57% |
| Profit after taxes | € -18,361 | € -967 | € -1,133 | € 9,504 | ▲ € 10,638 |
| Equity | € 3,505 | € 2,538 | € 1,405 | € 10,910 | ▲ € 9,504 |
| Total debts | € 35,963 | € 56,396 | € 55,706 | € 40,598 | ▼ 27% |
| Cash | € 2,671 | € 4,138 | € 3,421 | € 20,807 | ▲ € 17,386 |
| Retained profit | € -15,087 | € -16,054 | € -17,187 | € -7,682 | ▲ € 9,504 |
| Bank debt | € 4,383 | € 42,526 | € 31,340 | € 21,443 | ▼ 32% |
| Balance sheet total | € 39,468 | € 58,935 | € 57,111 | € 51,507 | ▼ 10% |
Key figures of Ceti Systems, 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 Ceti Systems?
What happened at Ceti Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,504. Source: NBB ↗
- Cédric Morel became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,361 loss in 2022 to € 9,504 profit in 2025.
Paid € 524 in corporate taxes since 2022.
Best year ever: 2025, with € 9,504 profit.
Management
Behind Ceti Systems is Cédric Morel.
Directors
According to the 2025 annual accounts
Cédric Morel
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Charles Passtraat 15
1160 Oudergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.081.265
- VAT number
- BE 0463.081.265
- Registered office
- Charles Passtraat 15, 1160 Oudergem
- Names & denominations
- Ceti Systems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1998
- Peppol
- Active · Active since 2 Jul 2025
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