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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CICONIA from Oudenaarde, company number BE0546842745, closed financial year 2025 with a result of € 94,948 after tax. For that financial year CICONIA recorded a gross margin of € 118,652 and equity of € 152,804. Compared with financial year 2024, the result moved from € 84,719 to € 94,948. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 152,804
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,948
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 6,013
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,962
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 422
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,268
▼ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,619 | € 119,345 | € 109,765 | € 118,652 | ▲ 8% |
| Profit after taxes | € 69,901 | € 90,102 | € 84,719 | € 94,948 | ▲ 12% |
| Equity | € 73,136 | € 73,136 | € 157,855 | € 152,804 | ▼ 3% |
| Total debts | € 85,920 | € 173,598 | € 13,634 | € 87,750 | ▲ € 74,116 |
| Cash | € 153,742 | € 40,708 | € 10,696 | € 6,013 | ▼ 44% |
| Retained profit | € 48,136 | € 48,136 | € 132,855 | € 127,804 | ▼ 4% |
| Dividend | € 60,000 | € 90,102 | € 0 | € 100,000 | |
| Balance sheet total | € 159,056 | € 246,734 | € 171,489 | € 240,554 | ▲ 40% |
Key figures of CICONIA, 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 CICONIA?
What happened at CICONIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,948 (▲ 12% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Oudenaarde. KBO
In short
From € 69,901 profit in 2022 to € 94,948 profit in 2025.
Paid € 91,735 in corporate taxes since 2022.
Best year ever: 2025, with € 94,948 profit.
Paid out € 250,102 in dividends to the owners in total.
Management
Behind CICONIA is TOM OTTEVAERE. TOM OTTEVAERE is also behind OTTEVAERE BOUWMATERIALEN, KEESERBERG and O-TRANS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Meersbloem-Leupegem 21
9700 Oudenaarde
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
- 0546.842.745
- VAT number
- BE 0546.842.745
- Registered office
- Meersbloem-Leupegem 21, 9700 Oudenaarde
- Names & denominations
- CICONIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2014
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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