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 18 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CEDEFRA HOLDING from Oud-Turnhout, company number BE0670739855, closed financial year 2025 with a result of € 662,135 after tax. For that financial year CEDEFRA HOLDING recorded a gross margin of € 387,283 and equity of € 24 million. Compared with financial year 2024, the result moved from € 14.7 million to € 662,135. The company is profitable. 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 July 28, 2026.
€ 24 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 662,135
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 310,114
▼ 51% 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 € 22.6 million.
People and assets in 2025
2.4
Average over the fiscal year, from the social balance sheet.
€ 199,943
▲ 21% vs 2024
€ 83,300 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.
€ 49,012
▼ 25% vs 2024
Of which on lease € 47,186.
Debts at end 2025
€ 9.1 million
▲ 51% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 47,526
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 370,172
▲ 103% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 973,248 | € 462,082 | € 2,006,792 | € 387,283 | ▼ 81% |
| Profit after taxes | € 679,134 | € 100,939 | € 14,726,670 | € 662,135 | ▼ 96% |
| Equity | € 11,464,979 | € 11,565,918 | € 23,292,588 | € 23,954,724 | ▲ 3% |
| Total debts | € 4,249,910 | € 7,540,940 | € 6,535,633 | € 9,956,235 | ▲ 52% |
| Cash | € 1,694,127 | € 1,189,182 | € 629,517 | € 310,114 | ▼ 51% |
| Land & buildings | € 4,025,227 | € 6,073,144 | € 7,210,334 | € 9,309,485 | ▲ 29% |
| Retained profit | € 10,138,927 | € 10,239,866 | € 21,966,536 | € 22,628,672 | ▲ 3% |
| Dividend | € 430,000 | € 0 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 3,463,687 | € 6,373,546 | € 5,997,852 | € 9,062,386 | ▲ 51% |
| Balance sheet total | € 15,714,889 | € 19,106,858 | € 29,828,222 | € 33,910,958 | ▲ 14% |
| Employees (FTE) | 2.4 | 2.4 | 2.4 | 2.4 |
Key figures of CEDEFRA HOLDING, 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 CEDEFRA HOLDING?
What happened at CEDEFRA HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 662,135 (▼ 96% vs 2024). Source: NBB ↗
- Tom Fransen became a director. NBB
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 679,134 profit in 2022 to € 662,135 profit in 2025.
Paid € 851,723 in corporate taxes since 2022.
Best year ever: 2024, with € 14.7 million profit.
On average € 161,400 of value added per employee in 2025.
Management
Behind CEDEFRA HOLDING is Tom Fransen. It owns 100% of CEDE PROJECTS, 100% of GRONDMAATSCHAPPIJ ENSOR - EDEGEM, 100% of BESSPOINT, 50% of INDUSTRIE BEYNTEL 3A, 50% of INDUSTRIE BEYNTEL 5 and 31% of FRANSEN BOUWGROEP itself.
Directors
According to the 2025 annual accounts
Tom Fransen
Director
Also active at: FRANSEN BOUWONDERNEMING, OTTAER, GeoCalor, Kovera Sint Joris Winge, Frabe Invest, CS Montage, CS Raamconstructies, PRO interieur +11 more
since 2022
Establishments
Establishment units
Physical locations of this company
Beyntel 5
2360 Oud-Turnhout
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 →FRANSEN BOUWONDERNEMING same network
€ 29.5 million revenue · 2025
OTTAER same network
€ 1.2 million gross margin · 2025
GeoCalor same network
€ 715,679 gross margin · 2025
Frabe Invest same network
€ 524,100 revenue · 2025
Immo Osseven
€ -28,288 gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0670.739.855
- VAT number
- BE 0670.739.855
- Registered office
- Beyntel 5, 2360 Oud-Turnhout
- Names & denominations
- CEDEFRA HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2017
- Peppol
- Active · Active since 13 Aug 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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