Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 24.5 to 16.
Financials
Financial year 2025
CDC-Cabines de Ciney from Ciney, company number BE0480301933, closed financial year 2025 with a result of € 25,519 after tax. For that financial year CDC-Cabines de Ciney recorded revenue of € 5.7 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 82,986 to € 25,519. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 1.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,519
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 924
▼ 25% 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 € 955,107.
People and assets in 2025
16
▼ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 880,485
▼ 28% vs 2024
€ 55,000 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.
€ 46,240
▲ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▲ 4% vs 2024
€ 308,340 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.6 million
▲ 184% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.
€ 116,567
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,420,249 | € 9,053,357 | € 5,438,223 | € 5,667,214 | ▲ 4% |
| Profit after taxes | € 213,067 | € 1,102,888 | € 82,986 | € 25,519 | ▼ 69% |
| Equity | € 1,352,518 | € 1,655,406 | € 1,738,392 | € 1,763,911 | ▲ 1% |
| Total debts | € 5,363,830 | € 5,919,363 | € 4,951,193 | € 5,938,371 | ▲ 20% |
| Cash | € 58,113 | € 77,425 | € 1,225 | € 924 | ▼ 25% |
| Land & buildings | € 1,123,399 | € 1,024,871 | € 916,722 | € 830,645 | ▼ 9% |
| Retained profit | € 543,714 | € 846,602 | € 929,588 | € 955,107 | ▲ 3% |
| Dividend | € 0 | € 800,000 | € 0 | € 0 | |
| Bank debt | € 2,769,359 | € 2,884,297 | € 964,023 | € 1,007,159 | ▲ 4% |
| Balance sheet total | € 6,716,348 | € 7,574,769 | € 6,689,585 | € 7,702,282 | ▲ 15% |
| Employees (FTE) | 24.4 | 24.5 | 22.7 | 16 | ▼ 6.7 |
Key figures of CDC-Cabines de Ciney, 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 CDC-Cabines de Ciney?
What happened at CDC-Cabines de Ciney in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gaëtan Fontaine stepped down as director. NBB
- Het Veer NV stepped down as director. NBB
- Maria De Baets stepped down as director. NBB
- Rik Vandoorne stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,519 (▼ 69% vs 2024). filed late Source: NBB ↗
- Gaëtan Fontaine became a director. NBB
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 213,067 profit in 2022 to € 25,519 profit in 2025.
Paid € 407,385 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
Paid out € 800,000 in dividends to the owners in total.
Management
The stake of HET VEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CDC-Cabines de CineyThe shares are held by HET VEER (100%).
Directors
According to the 2025 annual accounts
Director · represented by Sophie Vandoorne
Also active at: VAN OS - DURACOAT, ROBBY, DEBA, LAKKERIJ VANDEREYT, V COAT, COTRABEL, FEMACO, sgc +3 more
· until 2027
Gaëtan Fontaine
Director
since 2025 · until 2031
· until 2027
Rik Vandoorne
Managing director
Also active at: VAN OS - DURACOAT, ROBBY, DEBA, HET VEER, V COAT, COTRABEL, HET VEER BLUE OCEAN, FEMACO +4 more
· until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chemin du Bois aux Mouches 8
5590 Ciney
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0480.301.933
- VAT number
- BE 0480.301.933
- Registered office
- Chemin du Bois aux Mouches 8, 5590 Ciney
- Names & denominations
- CDC-Cabines de Ciney
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2003
- Peppol
- Active · Active since 22 Sept 2025
- Contact
- cabinesdeciney.be
- Activities · NACE
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