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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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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CECAN MEDIA from Kortrijk, company number BE0466463892, closed financial year 2025 with a result of € 18.7 million after tax. For that financial year CECAN MEDIA recorded a gross margin of € -32,771 and equity of € 153.7 million. Compared with financial year 2024, the result moved from € 3.4 million to € 18.7 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 December 18, 2025.
€ 153.7 million
▲ 233% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18.7 million
▲ € 15.3 million vs 2024
Profit after tax over the fiscal year.
€ 422,373
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 16 million paid out
86 % of the profit went to the shareholders, mostly to Cecan (100 % of the shares). That is where the money ends up.
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 | € -19,203 | € 74,705 | € -1,316 | € -32,771 | ▼ € 31,454 |
| Profit after taxes | € 5,008,635 | € 2,855,714 | € 3,404,670 | € 18,692,908 | ▲ € 15.3 million |
| Equity | € 39,905,594 | € 42,761,308 | € 46,165,978 | € 153,659,012 | ▲ 233% |
| Total debts | € 1,339,200 | € 1,075 | € 85,007 | € 16,005,942 | ▲ € 15.9 million |
| Cash | € 2,777,245 | € 535,697 | € 6,844,238 | € 422,373 | ▼ 94% |
| Retained profit | € 14,700,594 | € 17,556,308 | € 20,960,978 | € 23,647,944 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 16,005,942 | |
| Balance sheet total | € 41,244,794 | € 42,762,383 | € 46,250,985 | € 169,664,954 | ▲ 267% |
Key figures of CECAN MEDIA, 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 January 2027.
What happened to CECAN MEDIA?
What happened at CECAN MEDIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe VLERICK stepped down as director. NBB
- Gustaaf SAP stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18.7 million (▲ € 15.3 million vs 2024). Source: NBB ↗
- Philippe VLERICK became a director. NBB
- Gustaaf SAP became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 5 million profit in 2022 to € 18.7 million profit in 2025.
Best year ever: 2025, with € 18.7 million profit.
Paid out € 16 million in dividends to the owners in total.
Management
The stake of Cecan comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CECAN MEDIAThe shares are held by Cecan (100%). It owns 24.7% of MEDIAHUIS PARTNERS itself.
Directors
According to the 2025 annual accounts
Philippe VLERICK
Managing director
Also active at: BESIX Group, LVD COMPANY, Cecan, POINT, BELGIAN INTERNATIONAL CARPET C°, VOBIS FINANCE, MIDELCO, LVD - INVEST +8 more
since 2024 · until 2027
Gustaaf SAP
Chairman of the board
since 2024 · until 2027
Shareholders
100%
Participations
24.7%
Establishments
Establishment units
Physical locations of this company
Doorniksewijk(Kor) 49
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →B.M.H.
Belgo-Indian Chamber of Commerce and Industry
Cecan same network
€ -838,803 gross margin · 2025
VOBIS FINANCE same network
MIDELCO same network
€ 1.2 million revenue · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.463.892
- VAT number
- BE 0466.463.892
- Registered office
- Doorniksewijk(Kor) 49, 8500 Kortrijk
- Names & denominations
- CECAN MEDIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1999
- Peppol
- Active · Active since 20 Oct 2026