Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 46.7 to 33.6.
Financials
Financial year 2024
CENNOX from Vilvoorde, company number BE0477887128, closed financial year 2024 with a result of € 992,018 after tax. For that financial year CENNOX recorded revenue of € 8.9 million and equity of € 9.9 million. Compared with financial year 2023, the result moved from € -401,272 to € 992,018. 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 27, 2025.
€ 9.9 million
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 992,018
▲ still € 401,272 loss in 2023
Profit after tax over the fiscal year.
€ 75,826
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4 million.
People and assets in 2024
33.6
▼ 4.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▼ 2% vs 2023
€ 111,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 77,630
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 10.7 million
▲ 15% vs 2023
Loans from banks and other lenders, long and short.
€ 2.3 million
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 145 days on average.
€ 361,001
▼ 17% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 7,211,770 | € 8,390,833 | € 8,763,555 | € 8,905,300 | ▲ 2% |
| Profit after taxes | € 452,553 | € 848,181 | € -401,272 | € 992,018 | ▲ € 1.4 million |
| Equity | € 8,436,760 | € 9,284,941 | € 8,883,667 | € 9,875,685 | ▲ 11% |
| Total debts | € 4,791,329 | € 11,839,137 | € 13,913,879 | € 15,053,410 | ▲ 8% |
| Cash | € 62,065 | € 120,476 | € 148,362 | € 75,826 | ▼ 49% |
| Retained profit | € 2,573,485 | € 3,421,666 | € 3,020,393 | € 4,012,411 | ▲ 33% |
| Bank debt | € 145,071 | € 5,971,047 | € 9,287,676 | € 10,685,296 | ▲ 15% |
| Balance sheet total | € 13,228,089 | € 21,124,078 | € 22,797,547 | € 24,929,095 | ▲ 9% |
| Employees (FTE) | 40.9 | 46.7 | 38.4 | 33.6 | ▼ 4.8 |
Key figures of CENNOX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CENNOX?
What happened at CENNOX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 992,018. filed late Source: NBB ↗
- Nils Carl Anton Anderbrant became a director. NBB
- Clive Nation became a director. NBB
- David Roy Dodd became a director. NBB
- Ronald van Veenendael became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 452,553 profit in 2021 to € 992,018 profit in 2024.
Paid € 30,001 in corporate taxes since 2021.
Best year ever: 2024, with € 992,018 profit.
Pays suppliers within 145 days on average.
A new publication or filing at CENNOX? We notify you, reason included.
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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 CENNOX are Ronald van Veenendael, Nils Carl Anton Anderbrant, Clive Nation and David Roy Dodd. It owns 100% of CENNOX SAS and 100% of Cennox Cash Services itself.
Directors
According to the 2024 annual accounts
Ronald van Veenendael
Director
since 2023
Nils Carl Anton Anderbrant
Director
since 2023
Clive Nation
Director
since 2023
David Roy Dodd
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Radiatorenstraat 41
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0477.887.128
- VAT number
- BE 0477.887.128
- Registered office
- Radiatorenstraat 41, 1800 Vilvoorde
- Names & denominations
- CENNOX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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