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 28 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 30 June 2025 and has not been filed.
Financials
Financial year 2023
Cemminerals from Gent, company number BE0645880636, closed financial year 2023 with a result of € 37.8 million after tax. For that financial year Cemminerals recorded revenue of € 166.6 million and equity of € 22.7 million. Compared with financial year 2021, the result moved from € 3.2 million to € 37.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2024.
€ 22.7 million
▲ 183% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37.8 million
▲ € 34.7 million vs 2021
Profit after tax over the fiscal year.
€ 2.3 million
▼ 70% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 23 million paid out
61 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2023
19.1
▲ 4 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 189% vs 2021
€ 161,500 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.
€ 611,279
▲ 32% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 2.3 million
▼ 90% vs 2021
€ 240,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5.5 million
▲ 40% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 1.1 million
▲ 179% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | Change 2021 → 2023 | |
|---|---|---|---|
| Revenue | € 55,021,892 | € 166,579,011 | ▲ 203% |
| Profit after taxes | € 3,158,970 | € 37,821,039 | ▲ € 34.7 million |
| Equity | € 8,038,498 | € 22,733,689 | ▲ 183% |
| Total debts | € 28,885,189 | € 31,949,960 | ▲ 11% |
| Cash | € 7,654,784 | € 2,285,791 | ▼ 70% |
| Land & buildings | € 10,350,189 | € 12,045,535 | ▲ 16% |
| Retained profit | € -306,159 | € 14,514,880 | ▲ € 14.8 million |
| Dividend | € 0 | € 23,000,000 | |
| Bank debt | € 23,832,518 | € 2,280,000 | ▼ 90% |
| Balance sheet total | € 36,923,687 | € 54,683,649 | ▲ 48% |
| Employees (FTE) | 15.1 | 19.1 | ▲ 4 |
Key figures of Cemminerals, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 June 2025.
What happened to Cemminerals?
What happened at Cemminerals in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 37.8 million (▲ € 34.7 million vs 2021). filed late Source: NBB ↗
- Gramo became a director. NBB
- Venture Consult became a director. NBB
- Beneconsult became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million profit in 2021 to € 37.8 million profit in 2023.
Paid € 6.3 million in corporate taxes since 2021.
Best year ever: 2023, with € 37.8 million profit.
Paid out € 23 million in dividends to the owners in total.
Management
The stake of HOLVE, BENE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CemmineralsBehind Cemminerals are Venture Consult, Beneconsult and Gramo. The shares are held by HOLVE (25%) and BENE INVEST (15%).
Directors
According to the 2023 annual accounts
Director · represented by Van EECKHOUT CÉLINE
Also active at: DECEUNINCK, TENDER EXPERTS
since 2022
Director · represented by Boone BENEDIKTE
Also active at: LOTUS BAKERIES, DECEUNINCK, PLASTICS DECEUNINCK, POLLET GROUP, BEPOPLAST, Tunal, So Easy Belgium, TENDER EXPERTS +1 more
since 2022
since 2023
Shareholders
25%
15%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Christoffel Columbuslaan 37
9042 Gent
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0645.880.636
- VAT number
- BE 0645.880.636
- Registered office
- Christoffel Columbuslaan 37, 9042 Gent
- Names & denominations
- Cemminerals
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2016
- Peppol
- Active · Active since 13 Nov 2025
- Contact
- cemminerals.be
- Activities · NACE
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