What does CXM Holding do?

CXM Holding is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 15 December 2017, 1 establishment.

What is the address of CXM Holding?

The registered office of CXM Holding is located at Koning Albert II-laan 19, 1210 Sint-Joost-ten-Node.

Is CXM Holding still active?

Yes. According to the CBE (29 October 2026) CXM Holding is active, legal situation “Normale toestand”, started on 15 December 2017.

Is CXM Holding registered on Peppol?

Yes, CXM Holding is registered on the Peppol network with ID 0208:0685989245.

What is the enterprise number of CXM Holding?

The enterprise number of CXM Holding is BE0685989245.

When was CXM Holding founded?

CXM Holding was founded on 15 December 2017.

Who are the directors of CXM Holding?

According to the 2025 annual accounts, the directors of CXM Holding are: Mikael Westöö, Thibaud De Keyzer.

Is CXM Holding a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CXM Holding make in 2025?

CXM Holding recorded a loss after taxes of € 117,622 in financial year 2025.

What is the revenue of CXM Holding?

In its most recent annual accounts (2025), CXM Holding reported revenue of € 607,857.

CXM Holding (Public Limited) - Sint-Joost-ten-Node

Dossier CXM Holding, printed on 29 October 2026 from databakkes.be/en/0685989245/cxm-holding. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

53 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

CXM Holding from Sint-Joost-ten-Node, company number BE0685989245, closed financial year 2025 with a result of € -117,622 after tax. For that financial year CXM Holding recorded revenue of € 607,857 and equity of € 44.7 million. Compared with financial year 2024, the result moved from € -1.7 million to € -117,622. 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 20, 2026.

What it is worth Healthy

€ 44.7 million

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

Loss Caution

€ -117,622

▲ 93 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,600

▼ 96% 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 € -3.2 million.

Debts at end 2025

Bank debt

€ 928,895

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 39,842

▼ 96% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.

Taxes

€ 23,387

▼ 60% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 898,613 Revenue 2022: € 898,613 First fiscal year in the series	€ 1,030,775 Revenue 2023: € 1,030,775 ▲ 15% vs 2022 (€ 898,613) Favourable step	€ 1,435,110 Revenue 2024: € 1,435,110 ▲ 39% vs 2023 (€ 1,030,775) Favourable step	€ 607,857 Revenue 2025: € 607,857 ▼ 58% vs 2024 (€ 1,435,110) Unfavourable step	▼ 58%
Profit after taxes	€ 0 Profit after taxes 2022: € 0 First fiscal year in the series	€ 85,330 Profit after taxes 2023: € 85,330 Unchanged (€ 0) Favourable step	€ -1,684,583 Profit after taxes 2024: € -1,684,583 ▼ € 1.8 million vs 2023 (€ 85,330) Unfavourable step	€ -117,622 Profit after taxes 2025: € -117,622 ▲ € 1.6 million vs 2024 (€ -1,684,583) Favourable step	▲ € 1.6 million
Equity	€ 45,305,585 Equity 2022: € 45,305,585 First fiscal year in the series	€ 45,481,230 Equity 2023: € 45,481,230 Unchanged (€ 45,305,585) Favourable step	€ 44,824,935 Equity 2024: € 44,824,935 ▼ 1% vs 2023 (€ 45,481,230) Unfavourable step	€ 44,707,313 Equity 2025: € 44,707,313 Unchanged (€ 44,824,935) Unfavourable step
Total debts	€ 7,186,578 Total debts 2022: € 7,186,578 First fiscal year in the series	€ 7,896,133 Total debts 2023: € 7,896,133 ▲ 10% vs 2022 (€ 7,186,578) Unfavourable step	€ 7,122,059 Total debts 2024: € 7,122,059 ▼ 10% vs 2023 (€ 7,896,133) Favourable step	€ 6,580,157 Total debts 2025: € 6,580,157 ▼ 8% vs 2024 (€ 7,122,059) Favourable step	▼ 8%
Cash	€ 21,960 Cash 2022: € 21,960 First fiscal year in the series	€ 34,189 Cash 2023: € 34,189 ▲ 56% vs 2022 (€ 21,960) Favourable step	€ 531,244 Cash 2024: € 531,244 ▲ € 497,055 vs 2023 (€ 34,189) Favourable step	€ 21,600 Cash 2025: € 21,600 ▼ 96% vs 2024 (€ 531,244) Unfavourable step	▼ 96%
Retained profit	€ -1,503,177 Retained profit 2022: € -1,503,177 First fiscal year in the series	€ -1,417,847 Retained profit 2023: € -1,417,847 ▲ € 85,330 vs 2022 (€ -1,503,177) Favourable step	€ -3,102,430 Retained profit 2024: € -3,102,430 ▼ € 1.7 million vs 2023 (€ -1,417,847) Unfavourable step	€ -3,220,052 Retained profit 2025: € -3,220,052 ▼ € 117,622 vs 2024 (€ -3,102,430) Unfavourable step	▼ € 117,622
Bank debt	€ 5,100,000 Bank debt 2022: € 5,100,000 First fiscal year in the series	€ 4,500,000 Bank debt 2023: € 4,500,000 ▼ 12% vs 2022 (€ 5,100,000) Favourable step	€ 928,895 Bank debt 2024: € 928,895 ▼ 79% vs 2023 (€ 4,500,000) Favourable step	€ 928,895 Bank debt 2025: € 928,895 Unchanged (€ 928,895) Unchanged
Balance sheet total	€ 52,492,163 Balance sheet total 2022: € 52,492,163 First fiscal year in the series	€ 53,377,363 Balance sheet total 2023: € 53,377,363 ▲ 2% vs 2022 (€ 52,492,163) Unchanged	€ 51,946,993 Balance sheet total 2024: € 51,946,993 ▼ 3% vs 2023 (€ 53,377,363) Unchanged	€ 51,287,470 Balance sheet total 2025: € 51,287,470 ▼ 1% vs 2024 (€ 51,946,993) Unchanged	▼ 1%

Key figures of CXM 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 CXM Holding?

What happened at CXM Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2032 Mikael Westöö stepped down as director. NBB
Jul 20, 2026 New annual accounts for financial year 2025: loss of € 117,622. Source: NBB ↗
2026 Mikael Westöö became a director. NBB
2026 Thibaud De Keyzer stepped down as director. NBB
2024 Thibaud De Keyzer became a director. NBB
Dec 15, 2017 New establishment in Sint-Joost-ten-Node. KBO
Dec 15, 2017 Start of the company according to the CBE. KBO

In short

From € 0 profit in 2022 to € 117,622 loss in 2025.

Best year ever: 2023, with € 85,330 profit.

Pays suppliers within 26 days on average.

Original PDFs at the National Bank ↗

Management

VISMA BELGIUM HOLDING BV 100%

Fortino Capital Growth PE I ARKIV 65.4%

Fortino Capital Growth PE I MMF 16.4%

Société financière de Développement - Financiele Maatschappij voor Ontwikkeling 10.7%

The stake of Fortino Capital Growth PE I ARKIV, Fortino Capital Growth PE I MMF, Société financière de Développement - Financiele Maatschappij voor Ontwikkeling comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CXM Holding

Mobilexpense 100%

Dicom Expense 100%

Mobilexpense Nordics 100%

Declaree Beheer 100%

The shares are held by VISMA BELGIUM HOLDING BV (100%), Fortino Capital Growth PE I ARKIV (65.4%), Fortino Capital Growth PE I MMF (16.4%) and Société financière de Développement - Financiele Maatschappij voor Ontwikkeling (10.7%). It owns 100% of Mobilexpense, 100% of Dicom Expense, 100% of Mobilexpense Nordics and 100% of Declaree Beheer itself.

Directors

According to the 2025 annual accounts

Mikael Westöö

Director

since 2026 · until 2032

Thibaud De Keyzer

Director

Also active at: Mobilexpense, ID82

since 2024 · until 2026

Shareholders

VISMA BELGIUM HOLDING BV

100%

Fortino Capital Growth PE I ARKIV

65.4%

Fortino Capital Growth PE I MMF

16.4%

Société financière de Développement - Financiele Maatschappij voor Ontwikkeling

10.7%

Participations

Mobilexpense

100%

Dicom Expense

100%

Mobilexpense Nordics

100%

Declaree Beheer

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Albert II-laan 19

1210 Sint-Joost-ten-Node

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.

All companies at this address →

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+48 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

0685.989.245

VAT number

BE 0685.989.245

Registered office

Koning Albert II-laan 19, 1210 Sint-Joost-ten-Node

Names & denominations

CXM Holding

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 December 2017

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

CXM Holding

Warning lights

Financials

What happened to CXM Holding?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions