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 29.8 to 24.3.
-
Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BDO Cynex Tax & Accounting from Hasselt, company number BE0535986366, closed financial year 2025 with a result of € 18,230 after tax. For that financial year BDO Cynex Tax & Accounting recorded revenue of € 4.8 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 22,504 to € 18,230. 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 April 24, 2026.
€ 1.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,230
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 114,076
▲ 95% 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 € 1 million.
People and assets in 2025
24.3
▼ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 9% vs 2024
€ 67,500 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.
€ 101,730
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,578
▼ 19% vs 2024
€ 19,251 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.2 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 254 days on average.
€ 389,805
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 3,409,798 | € 5,054,003 | € 4,765,209 | ▼ 6% |
| Gross margin | € 2,411,819 | - | - | - | |
| Profit after taxes | € 522,093 | € 359,563 | € 22,504 | € 18,230 | ▼ 19% |
| Equity | € 752,797 | € 1,095,804 | € 1,098,358 | € 1,116,589 | ▲ 2% |
| Total debts | € 794,456 | € 773,466 | € 2,594,977 | € 2,670,835 | ▲ 3% |
| Cash | € 343,715 | € 12,353 | € 58,368 | € 114,076 | ▲ 95% |
| Retained profit | € 652,797 | € 993,304 | € 995,858 | € 1,014,089 | ▲ 2% |
| Dividend | € 202,020 | € 0 | € 0 | € 0 | |
| Bank debt | € 357,620 | € 218,649 | € 99,263 | € 80,578 | ▼ 19% |
| Balance sheet total | € 1,547,253 | € 1,869,271 | € 3,693,335 | € 3,807,709 | ▲ 3% |
| Employees (FTE) | 28.7 | 29.8 | 29.3 | 24.3 | ▼ 5 |
Key figures of BDO Cynex Tax & Accounting, 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 April 2027.
What happened to BDO Cynex Tax & Accounting?
What happened at BDO Cynex Tax & Accounting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,230 (▼ 19% vs 2024). Source: NBB ↗
- BDO Belgium BV became a director. NBB
- VDD Accountants BV became a director. NBB
- Vermont CommV became a director. NBB
- R2S Finance CommV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 522,093 profit in 2022 to € 18,230 profit in 2025.
Paid € 419,984 in corporate taxes since 2022.
Best year ever: 2022, with € 522,093 profit.
On average € 84,000 of value added per employee in 2022.
A new publication or filing at BDO Cynex Tax & Accounting? 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 BDO Cynex Tax & Accounting are Vermont CommV, BDO Belgium BV, VDD Accountants BV and R2S Finance CommV. The shares are held by BDO Accountants & Belastingadviseurs (83.3%), BDO Cynex (16.5%) and BDO Belgium (0.2%).
Directors
According to the 2025 annual accounts
Managing director · represented by Kris Verhees
Also active at: BDO ACCOUNTANTS & BELASTINGADVISEURS, BDO Cynex, H10 Invest
since 2014
Managing director · represented by Karen Keuleers
Also active at: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES, BDO ACCOUNTANTS & BELASTINGADVISEURS, BDO ADVISORY, BDO Cynex, DEKEGELEER, O2 FINANCE, BDO INNOVATION GARDEN, BDO Chapelle +3 more
since 2023
Managing director · represented by Dirk Vandendaele
Also active at: BDO ACCOUNTANTS & BELASTINGADVISEURS
since 2023
Managing director · represented by Wesley Clemens
Also active at: BDO ACCOUNTANTS & BELASTINGADVISEURS, BDO Cynex, H10 Invest
since 2014
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 10 box 301
3500 Hasselt
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 →VERENIGING VAN DE REDACTIELEDEN VAN HET BELANG VAN LIMBURG
JLR MAASLAND
PGC P
€ 126,000 revenue · 2025
BTW-EENHEID A&M INVEST
PGC LS
€ 1.3 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.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
COMBELL-AS, BE
DNS
GoDaddy DNS
Domain
Domain
cynex.com
Registered
1996-09-18
Registrar
GoDaddy.com, LLC
Expires
2026-09-17
Website info
Features
Security
Details
- Company number
- 0535.986.366
- VAT number
- BE 0535.986.366
- Registered office
- Herkenrodesingel 10 bus 301, 3500 Hasselt
- Names & denominations
- BDO Cynex Tax & Accounting
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2013
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- cynex.com
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants