Financials
Financial year 2025
CETINEL from Sint-Niklaas, company number BE0694894142, closed financial year 2025 with a result of € 18,404 after tax. For that financial year CETINEL recorded revenue of € 233,163 and equity of € 108,007. Compared with financial year 2024, the result moved from € 30,955 to € 18,404. 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 May 4, 2026.
€ 108,007
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,404
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 46,867
▼ 12% 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 € 101,807.
People and assets in 2025
€ 32,233
▲ 173% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,480
▲ € 20,756 vs 2024
Of which on lease € 714.
Debts at end 2025
€ 28,017
▲ 279% vs 2024
€ 9,938 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,097
Supplier invoices still open on the last day of the fiscal year.
€ 15,070
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 82,406 | - | € 237,568 | € 233,163 | ▼ 2% |
| Gross margin | € -2,290 | € 47,785 | € 71,861 | € 76,894 | ▲ 7% |
| Profit after taxes | € -10,869 | € 20,561 | € 30,955 | € 18,404 | ▼ 41% |
| Equity | € 38,087 | € 58,648 | € 89,603 | € 108,007 | ▲ 21% |
| Total debts | € 34,517 | € 29,335 | € 26,698 | € 47,184 | ▲ 77% |
| Cash | € 38,931 | € 26,984 | € 53,536 | € 46,867 | ▼ 12% |
| Retained profit | € 31,887 | € 52,448 | € 83,403 | € 101,807 | ▲ 22% |
| Bank debt | € 13,924 | € 10,710 | € 7,387 | € 28,017 | ▲ 279% |
| Balance sheet total | € 72,604 | € 87,982 | € 116,301 | € 155,190 | ▲ 33% |
Key figures of CETINEL, 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 CETINEL?
What happened at CETINEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,404 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- MEHMET CETINEL became a director. NBB
- SUNBUL BURCAK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,869 loss in 2022 to € 18,404 profit in 2025.
Paid € 24,214 in corporate taxes since 2022.
Best year ever: 2024, with € 30,955 profit.
A new publication or filing at CETINEL? We notify you, reason included.
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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
Management
Behind CETINEL are MEHMET CETINEL and SUNBUL BURCAK.
Directors
According to the 2025 annual accounts
MEHMET CETINEL
Bestuurder
since 2018
SUNBUL BURCAK
Bestuurder
since 2018
Establishments
Establishment units
Physical locations of this company
Driegaaienstraat 183
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0694.894.142
- VAT number
- BE 0694.894.142
- Registered office
- Driegaaienstraat 183, 9100 Sint-Niklaas
- Names & denominations
- CETINEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2018
- Peppol
- Active · Active since 20 May 2025
- Activities · NACE
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