Financials
Financial year 2024
CICERO BELGIUM from Deinze, company number BE0808771350, closed financial year 2024 with a result of € 5,861 after tax. For that financial year CICERO BELGIUM recorded a gross margin of € 87,358 and equity of € 114,843. Compared with financial year 2023, the result moved from € 39,544 to € 5,861. 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 August 29, 2025.
€ 114,843
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,861
▼ 85% vs 2023
Profit after tax over the fiscal year.
€ 68,804
▲ 18% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 42,848
▲ 18% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 46,656
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 51,560
▲ 62% vs 2023
€ 13,695 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 40,108
▼ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,564
▼ 33% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 14,165 | € 60,350 | € 124,308 | € 87,358 | ▼ 30% |
| Profit after taxes | € -31,447 | € 19,650 | € 39,544 | € 5,861 | ▼ 85% |
| Equity | € 53,121 | € 72,771 | € 110,649 | € 114,843 | ▲ 4% |
| Total debts | € 145,642 | € 158,268 | € 187,492 | € 192,275 | ▲ 3% |
| Cash | € 49,203 | € 50,904 | € 58,286 | € 68,804 | ▲ 18% |
| Retained profit | € -8,379 | € 11,271 | € 49,149 | € 53,343 | ▲ 9% |
| Dividend | € 0 | € 0 | € 1,666 | € 1,666 | |
| Bank debt | € 25,093 | € 19,433 | € 31,793 | € 51,560 | ▲ 62% |
| Balance sheet total | € 198,763 | € 231,039 | € 298,140 | € 307,118 | ▲ 3% |
Key figures of CICERO BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CICERO BELGIUM?
What happened at CICERO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thibaut Degroote stepped down as director. NBB
- Matthias Degroote stepped down as director. NBB
- New establishment in Deinze. KBO
- New annual accounts for financial year 2024: profit of € 5,861 (▼ 85% vs 2023). filed late Source: NBB ↗
- Thibaut Degroote became a director. NBB
- Matthias Degroote became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Deinze. KBO
In short
From € 31,447 loss in 2021 to € 5,861 profit in 2024.
Paid € 26,375 in corporate taxes since 2021.
Best year ever: 2023, with € 39,544 profit.
Paid out € 3,332 in dividends to the owners in total.
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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
Directors
According to the 2024 annual accounts
Thibaut Degroote
Managing director
since 2020 · until 2026
Matthias Degroote
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Prijkelhoek 20
9800 Deinze
Poelstraat 121 box B
9800 Deinze
Active since 18 December 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.771.350
- VAT number
- BE 0808.771.350
- Registered office
- Prijkelhoek 20, 9800 Deinze
- Names & denominations
- CICERO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2008
- Peppol
- Active · Active since 9 Jul 2026
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