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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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CECO from Tielt, company number BE0464446094, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year CECO recorded a gross margin of € 2.9 million and equity of € 61.7 million. Compared with financial year 2024, the result moved from € 8.3 million to € 2.5 million. 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 July 31, 2026.
€ 61.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 682,865
▲ € 598,237 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.2 million paid out
88 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,806,463 | € 2,626,989 | € 3,760,634 | € 2,853,538 | ▼ 24% |
| Profit after taxes | € 1,261,034 | € 1,448,650 | € 8,250,421 | € 2,487,019 | ▼ 70% |
| Equity | € 53,945,368 | € 53,894,018 | € 61,394,438 | € 61,691,457 | |
| Total debts | € 80,000 | € 1,530,000 | € 780,000 | € 2,190,000 | ▲ 181% |
| Cash | € 693,811 | € 610,998 | € 84,628 | € 682,865 | ▲ € 598,237 |
| Retained profit | € 25,826,805 | € 25,775,455 | € 33,275,876 | € 33,572,894 | ▲ 1% |
| Dividend | € 0 | € 1,500,000 | € 750,000 | € 2,190,000 | ▲ 192% |
| Balance sheet total | € 54,025,368 | € 55,424,018 | € 62,174,438 | € 63,881,457 | ▲ 3% |
Key figures of CECO, 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 CECO?
What happened at CECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.5 million (▼ 70% vs 2024). Source: NBB ↗
- Beatrice VANHOUTTE became a director. NBB
- Marie Céline VANHOUTTE became a director. NBB
- Hendrik VANHOUTTE became a director. NBB
- Anne-Renée VANHOUTTE became a director. NBB
- Cecile COLLE became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 2.5 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 8.3 million profit.
Paid out € 4.4 million in dividends to the owners in total.
Management
Behind CECO are Beatrice VANHOUTTE, Marie Céline VANHOUTTE, Hendrik VANHOUTTE, Anne-Renée VANHOUTTE and Cecile COLLE. Beatrice VANHOUTTE is also behind Immocol, CASA VANCO and NIRAMORE. Marie Céline VANHOUTTE is also behind Immocol, CASA VANCO and NIRAMORE. Hendrik VANHOUTTE is also behind Immocol, Hendrik Van Houtte en C°, CASA VANCO and NIRAMORE. Anne-Renée VANHOUTTE is also behind Immocol, CASA VANCO and NIRAMORE.
Directors
According to the 2025 annual accounts
since 2021
since 2021
since 2021
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Hoogstraat 26
8700 Tielt
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
- 0464.446.094
- VAT number
- BE 0464.446.094
- Registered office
- Hoogstraat 26, 8700 Tielt
- Names & denominations
- CECO
- Enterprise type
- Rechtspersoon
- Legal form
- Commanditaire vennootschap op aandelen
- Legal situation
- Normale toestand
- Start date
- 23 October 1998
- Peppol
- Not registered