Financials
Financial year 2026
CEDCO IMMO from Herve, company number BE0723532995, closed financial year 2026 with a result of € 80,457 after tax. For that financial year CEDCO IMMO recorded a gross margin of € 108,341 and equity of € 1.8 million. Compared with financial year 2025, the result moved from € 212,790 to € 80,457. The company is profitable. 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 October 9, 2026.
€ 1.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,457
▼ 62% vs 2025
Profit after tax over the fiscal year.
€ 49,049
▼ 66% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 80,700 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 16,473
▼ 39% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 354,544
▼ 27% vs 2025
€ 48,184 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,206
▼ 39% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 10,470
▼ 38% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 17,084 | € 32,488 | € 29,847 | € 108,341 | ▲ 263% |
| Profit after taxes | € 292,612 | € 291,520 | € 212,790 | € 80,457 | ▼ 62% |
| Equity | € 1,285,980 | € 1,577,500 | € 1,790,289 | € 1,790,046 | |
| Total debts | € 782,351 | € 493,787 | € 509,593 | € 436,253 | ▼ 14% |
| Cash | € 259,338 | € 102,468 | € 144,378 | € 49,049 | ▼ 66% |
| Land & buildings | € 151,565 | € 146,899 | € 456,064 | € 449,114 | ▼ 2% |
| Retained profit | € 1,111,380 | € 1,402,900 | € 1,615,689 | € 1,615,446 | |
| Dividend | € 0 | € 0 | € 0 | € 80,700 | |
| Bank debt | € 435,818 | € 332,016 | € 486,012 | € 354,544 | ▼ 27% |
| Balance sheet total | € 2,068,331 | € 2,071,287 | € 2,299,883 | € 2,226,299 | ▼ 3% |
Key figures of CEDCO IMMO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CEDCO IMMO?
What happened at CEDCO IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 80,457 (▼ 62% vs 2025). Source: NBB ↗
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 292,612 profit in 2023 to € 80,457 profit in 2026.
Paid € 88,689 in corporate taxes since 2023.
Best year ever: 2023, with € 292,612 profit.
Paid out € 80,700 in dividends to the owners in total.
Management
Behind CEDCO IMMO is Cédric CORMAN. It owns 50% of GEORGES CORMAN - HALLEUX & FILS itself.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue du Bola 35
4650 Herve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.532.995
- VAT number
- BE 0723.532.995
- Registered office
- Rue du Bola 35, 4650 Herve
- Names & denominations
- CEDCO IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2019
- Peppol
- Active · Active since 28 Nov 2025
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