What does CEDO GROUP do?

CEDO GROUP is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 21 December 2021, 1 establishment.

What is the address of CEDO GROUP?

The registered office of CEDO GROUP is located at Kortrijksesteenweg 157, 9830 Sint-Martens-Latem.

Is CEDO GROUP still active?

Yes. According to the CBE (29 October 2026) CEDO GROUP is active, legal situation “Normale toestand”, started on 21 December 2021.

Is CEDO GROUP registered on Peppol?

Yes, CEDO GROUP is registered on the Peppol network with ID 0208:0778920985.

What is the enterprise number of CEDO GROUP?

The enterprise number of CEDO GROUP is BE0778920985.

When was CEDO GROUP founded?

CEDO GROUP was founded on 21 December 2021.

Who are the directors of CEDO GROUP?

According to the 2025 annual accounts, the directors of CEDO GROUP are: Gino DE RAEDT, Nicolas DE QUINNEMAR, Thierry NAVARRE, Erik VAN DEN EYNDEN, Maarten PEERS.

Is CEDO GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 2021; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did CEDO GROUP make in 2025?

CEDO GROUP recorded a loss after taxes of € 43,749 in financial year 2025.

What is the revenue of CEDO GROUP?

In its most recent annual accounts (2025), CEDO GROUP reported revenue of € 1,302,654.

CEDO GROUP (Public Limited) - Sint-Martens-Latem

Dossier CEDO GROUP, printed on 29 October 2026 from databakkes.be/en/0778920985/cedo-group. 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.
Busy address KBO

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

Financials

Financial year 2025

CEDO GROUP from Sint-Martens-Latem, company number BE0778920985, closed financial year 2025 with a result of € -43,749 after tax. For that financial year CEDO GROUP recorded revenue of € 1.3 million and equity of € 176.8 million. Compared with financial year 2024, the result moved from € -23,301 to € -43,749. 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 June 29, 2026.

What it is worth Healthy

€ 176.8 million

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

Loss Caution

€ -43,749

▼ 88 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 155,338

▲ 4% 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 € 826,719.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 110,434

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 691,690 Revenue 2023: € 691,690 First fiscal year in the series	€ 1,161,609 Revenue 2024: € 1,161,609 ▲ 68% vs 2023 (€ 691,690) Favourable step	€ 1,302,654 Revenue 2025: € 1,302,654 ▲ 12% vs 2024 (€ 1,161,609) Favourable step	▲ 12%
Profit after taxes	€ -16,799 Profit after taxes 2022: € -16,799 First fiscal year in the series	€ 8,135,568 Profit after taxes 2023: € 8,135,568 ▲ € 8.2 million vs 2022 (€ -16,799) Favourable step	€ -23,301 Profit after taxes 2024: € -23,301 ▼ € 8.2 million vs 2023 (€ 8,135,568) Unfavourable step	€ -43,749 Profit after taxes 2025: € -43,749 ▼ € 20,448 vs 2024 (€ -23,301) Unfavourable step	▼ € 20,448
Equity	€ 175,980,619 Equity 2022: € 175,980,619 First fiscal year in the series	€ 176,891,188 Equity 2023: € 176,891,188 ▲ 1% vs 2022 (€ 175,980,619) Favourable step	€ 176,867,886 Equity 2024: € 176,867,886 Unchanged (€ 176,891,188) Unfavourable step	€ 176,824,137 Equity 2025: € 176,824,137 Unchanged (€ 176,867,886) Unfavourable step
Total debts	€ 701,610 Total debts 2022: € 701,610 First fiscal year in the series	€ 8,469,698 Total debts 2023: € 8,469,698 ▲ € 7.8 million vs 2022 (€ 701,610) Unfavourable step	€ 100,669 Total debts 2024: € 100,669 ▼ 99% vs 2023 (€ 8,469,698) Favourable step	€ 110,434 Total debts 2025: € 110,434 ▲ 10% vs 2024 (€ 100,669) Unfavourable step	▲ 10%
Cash	€ 2,409 Cash 2022: € 2,409 First fiscal year in the series	€ 202,017 Cash 2023: € 202,017 ▲ € 199,608 vs 2022 (€ 2,409) Favourable step	€ 149,001 Cash 2024: € 149,001 ▼ 26% vs 2023 (€ 202,017) Unfavourable step	€ 155,338 Cash 2025: € 155,338 ▲ 4% vs 2024 (€ 149,001) Favourable step	▲ 4%
Retained profit	€ -16,799 Retained profit 2022: € -16,799 First fiscal year in the series	€ 893,770 Retained profit 2023: € 893,770 ▲ € 910,568 vs 2022 (€ -16,799) Favourable step	€ 870,468 Retained profit 2024: € 870,468 ▼ 3% vs 2023 (€ 893,770) Unfavourable step	€ 826,719 Retained profit 2025: € 826,719 ▼ 5% vs 2024 (€ 870,468) Unfavourable step	▼ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 7,225,000 Dividend 2023: € 7,225,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 7,225,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 176,682,229 Balance sheet total 2022: € 176,682,229 First fiscal year in the series	€ 185,360,885 Balance sheet total 2023: € 185,360,885 ▲ 5% vs 2022 (€ 176,682,229) Unchanged	€ 176,968,556 Balance sheet total 2024: € 176,968,556 ▼ 5% vs 2023 (€ 185,360,885) Unchanged	€ 176,934,571 Balance sheet total 2025: € 176,934,571 Unchanged (€ 176,968,556) Unchanged

Key figures of CEDO GROUP, 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 CEDO GROUP?

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

2028 Thierry NAVARRE stepped down as director. NBB
2027 Gino DE RAEDT stepped down as director. NBB
2027 Nicolas DE QUINNEMAR stepped down as director. NBB
2027 Erik VAN DEN EYNDEN stepped down as director. NBB
2027 Maarten PEERS stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: loss of € 43,749. Source: NBB ↗
2022 Thierry NAVARRE became a director. NBB
Dec 21, 2021 New establishment in Gent. KBO

In short

From € 16,799 loss in 2022 to € 43,749 loss in 2025.

Best year ever: 2023, with € 8.1 million profit.

Paid out € 7.2 million in dividends to the owners in total.

Pays suppliers within 30 days on average.

Original PDFs at the National Bank ↗

Management

STRACO PE 100%

The stake of STRACO PE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CEDO GROUP

Cedo holdings LTD 75.8%

The shares are held by STRACO PE (100%). It owns 75.8% of Cedo holdings LTD itself.

Directors

According to the 2025 annual accounts

Gino DE RAEDT

Director

since 2021 · until 2027

Nicolas DE QUINNEMAR

Director

Also active at: PATIGNY, CINQO, FORUM JOBS, INCENDIN, ATHMOS CAPITAL, STRACO REAL ESTATE, ForPar, 3SAG +16 more

since 2021 · until 2027

Thierry NAVARRE

Director

Also active at: EURVEST, ARTIPA

since 2022 · until 2028

Erik VAN DEN EYNDEN

Director

Also active at: NEDCO, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, HANSIMMO, ODEBRECHT +30 more

since 2021 · until 2027

Maarten PEERS

Director

Also active at: PATIGNY, FORUM JOBS, PEATINVEST, INCENDIN, Heinbroeck, ForPar, Myco-invest, SEQUOIA GM +2 more

since 2021 · until 2027

Shareholders

STRACO PE

100%

Participations

Cedo holdings LTD

75.8%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 157

9830 Sint-Martens-Latem

2.327.154.615

Rijvisschestraat 122

9052 Gent

Active since 21 December 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.

All companies at this address →

NEDCO same network

€ 771,291 revenue · 2025

PATIGNY same network

€ 1.2 million revenue · 2025

Immo V.V.L. Leuven same network

€ 4 million revenue · 2025

HET SWYN ofte OUDE HAVEN

€ 13,595 gross margin · 2025

IMMOCOR same network

€ -8,147 gross margin · 2025

+38 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

0778.920.985

VAT number

BE 0778.920.985

Registered office

Kortrijksesteenweg 157, 9830 Sint-Martens-Latem

Names & denominations

CEDO GROUP

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 December 2021

Peppol

Active · Active since 8 Jul 2025

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

CEDO GROUP

Warning lights

Financials

What happened to CEDO GROUP?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions