What is the address of Cost Reduction Organization?

The registered office of Cost Reduction Organization is located at Prinsessestraat 21, 8870 Izegem.

Is Cost Reduction Organization still active?

Yes. According to the CBE (19 September 2026) Cost Reduction Organization is active, legal situation “Normale toestand”, started on 13 February 2015.

Is Cost Reduction Organization registered on Peppol?

Yes, Cost Reduction Organization is registered on the Peppol network with ID 0208:0597955708.

What is the enterprise number of Cost Reduction Organization?

The enterprise number of Cost Reduction Organization is BE0597955708.

When was Cost Reduction Organization founded?

Cost Reduction Organization was founded on 13 February 2015.

Who are the directors of Cost Reduction Organization?

According to the 2025 annual accounts, the directors of Cost Reduction Organization are: Benedict De Meulemeester.

Is Cost Reduction Organization a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 February 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Cost Reduction Organization make in 2025?

Cost Reduction Organization recorded a loss after taxes of € 6,450 in financial year 2025.

What is the revenue of Cost Reduction Organization?

As a small company, Cost Reduction Organization is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -5,029.

How many employees does Cost Reduction Organization have?

According to the 2025 annual accounts, Cost Reduction Organization has 0 full-time equivalents (FTE).

Cost Reduction Organization (Private Limited) - Izegem

Q: What does Cost Reduction Organization do?

Cost Reduction Organization is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 13 February 2015, 1 establishment.

Dossier Cost Reduction Organization, printed on 19 September 2026 from databakkes.be/en/0597955708/cost-reduction-organization. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Healthy

€ 176,305

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -6,450

▼ still € 168,963 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,253

▼ 99% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 170,105.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3,789

▲ 160% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -1,534 Gross margin 2022: € -1,534 First fiscal year in the series	€ -3,451 Gross margin 2023: € -3,451 ▼ € 1,916 vs 2022 (€ -1,534) Unfavourable step	€ -4,053 Gross margin 2024: € -4,053 ▼ € 603 vs 2023 (€ -3,451) Unfavourable step	€ -5,029 Gross margin 2025: € -5,029 ▼ € 976 vs 2024 (€ -4,053) Unfavourable step	▼ € 976
Profit after taxes	€ 344,206 Profit after taxes 2022: € 344,206 First fiscal year in the series	€ 178,389 Profit after taxes 2023: € 178,389 ▼ 48% vs 2022 (€ 344,206) Unfavourable step	€ 168,963 Profit after taxes 2024: € 168,963 ▼ 5% vs 2023 (€ 178,389) Unfavourable step	€ -6,450 Profit after taxes 2025: € -6,450 ▼ € 175,412 vs 2024 (€ 168,963) Unfavourable step	▼ € 175,412
Equity	€ 345,402 Equity 2022: € 345,402 First fiscal year in the series	€ 13,791 Equity 2023: € 13,791 ▼ 96% vs 2022 (€ 345,402) Unfavourable step	€ 182,754 Equity 2024: € 182,754 ▲ € 168,963 vs 2023 (€ 13,791) Favourable step	€ 176,305 Equity 2025: € 176,305 ▼ 4% vs 2024 (€ 182,754) Unfavourable step	▼ 4%
Total debts	€ 324 Total debts 2022: € 324 First fiscal year in the series	€ 368,261 Total debts 2023: € 368,261 ▲ € 367,936 vs 2022 (€ 324) Unfavourable step	€ 68,271 Total debts 2024: € 68,271 ▼ 81% vs 2023 (€ 368,261) Favourable step	€ 12,716 Total debts 2025: € 12,716 ▼ 81% vs 2024 (€ 68,271) Favourable step	▼ 81%
Cash	€ 174,957 Cash 2022: € 174,957 First fiscal year in the series	€ 146,154 Cash 2023: € 146,154 ▼ 16% vs 2022 (€ 174,957) Unfavourable step	€ 98,258 Cash 2024: € 98,258 ▼ 33% vs 2023 (€ 146,154) Unfavourable step	€ 1,253 Cash 2025: € 1,253 ▼ 99% vs 2024 (€ 98,258) Unfavourable step	▼ 99%
Retained profit	€ 339,202 Retained profit 2022: € 339,202 First fiscal year in the series	€ 7,591 Retained profit 2023: € 7,591 ▼ 98% vs 2022 (€ 339,202) Unfavourable step	€ 176,554 Retained profit 2024: € 176,554 ▲ € 168,963 vs 2023 (€ 7,591) Favourable step	€ 170,105 Retained profit 2025: € 170,105 ▼ 4% vs 2024 (€ 176,554) Unfavourable step	▼ 4%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 510,000 Dividend 2023: € 510,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 510,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 345,726 Balance sheet total 2022: € 345,726 First fiscal year in the series	€ 382,052 Balance sheet total 2023: € 382,052 ▲ 11% vs 2022 (€ 345,726) Unchanged	€ 251,025 Balance sheet total 2024: € 251,025 ▼ 34% vs 2023 (€ 382,052) Unchanged	€ 189,020 Balance sheet total 2025: € 189,020 ▼ 25% vs 2024 (€ 251,025) Unchanged	▼ 25%

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.

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:

Jul 31, 2026 New annual accounts for financial year 2025: loss of € 6,450 (▼ € 175,412 vs 2024). Source: NBB ↗
Feb 13, 2015 New establishment in Zwevegem. KBO
Feb 13, 2015 Start of the company according to the CBE. 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.

Original PDFs at the National Bank ↗

A new publication or filing at Cost Reduction Organization? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

M&E Invest 100%

The stake of M&E Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Cost Reduction Organization

E&C Group 29.2%

Behind 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.

See the full network in the app

Directors

According to the 2025 annual accounts

Benedict De Meulemeester

Director

Also active at: M&E Invest, LUBERICK, E&C Group

Shareholders

M&E Invest

100%

Participations

E&C Group

29.2%

Establishments

Establishment units

Physical locations of this company

Registered office

Prinsessestraat 21

8870 Izegem

2.240.004.865

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 →

M&E Invest same network

€ 320,068 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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

View on CBE Public ↗ Annual accounts (NBB) ↗