Financials
Financial year 2025
Cost Reduction Organization from Izegem, company number BE0597955708, closed financial year 2025 with a result of € -6,450 after tax. For that financial year Cost Reduction Organization recorded a gross margin of € -5,029 and equity of € 176,305. Compared with financial year 2024, the result moved from € 168,963 to € -6,450. The company made a loss. 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 31, 2026.
€ 176,305
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,450
▼ still € 168,963 profit in 2024
Profit after tax over the fiscal year.
€ 1,253
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 170,105.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,789
▲ 160% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,534 | € -3,451 | € -4,053 | € -5,029 | ▼ € 976 |
| Profit after taxes | € 344,206 | € 178,389 | € 168,963 | € -6,450 | ▼ € 175,412 |
| Equity | € 345,402 | € 13,791 | € 182,754 | € 176,305 | ▼ 4% |
| Total debts | € 324 | € 368,261 | € 68,271 | € 12,716 | ▼ 81% |
| Cash | € 174,957 | € 146,154 | € 98,258 | € 1,253 | ▼ 99% |
| Retained profit | € 339,202 | € 7,591 | € 176,554 | € 170,105 | ▼ 4% |
| Dividend | € 0 | € 510,000 | € 0 | € 0 | |
| Balance sheet total | € 345,726 | € 382,052 | € 251,025 | € 189,020 | ▼ 25% |
By gross margin, Cost Reduction Organization ranks 114th of 120 companies with main activity “Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies” in Izegem that publish figures (fiscal year 2025).
Key figures of Cost Reduction Organization, 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.
Ask about Cost Reduction Organization the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Cost Reduction Organization?
What happened at Cost Reduction Organization in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,450 (▼ € 175,412 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Zwevegem. KBO
In short
From € 344,206 profit in 2022 to € 6,450 loss in 2025.
Best year ever: 2022, with € 344,206 profit.
Paid out € 510,000 in dividends to the owners in total.
Management
The stake of M&E Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Cost Reduction OrganizationBehind Cost Reduction Organization is Benedict De Meulemeester. The shares are held by M&E Invest (100%). It owns 29.2% of E&C Group itself.
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
29.2%
Establishments
Establishment units
Physical locations of this company
Prinsessestraat 21
8870 Izegem
Vredelaan(Z) 37A
8550 Zwevegem
Active since 13 February 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DE LEERSNYDER Luc Jozef Gerard(oprichter) 80%
- DESMET Dorine Maria Alida(oprichter) 20%
Details
- Company number
- 0597.955.708
- VAT number
- BE 0597.955.708
- Registered office
- Prinsessestraat 21, 8870 Izegem
- Names & denominations
- Cost Reduction Organization · CRofO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2015
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings