Financials
Financial year 2025
Connecting Cables from Ninove, company number BE0834181687, closed financial year 2025 with a result of € 185,517 after tax. For that financial year Connecting Cables recorded a gross margin of € 333,322 and equity of € 785,251. Compared with financial year 2024, the result moved from € 182,547 to € 185,517. Profitable, and profit is growing. 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 October 30, 2025.
€ 785,251
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 185,517
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 504,542
▲ 48% 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 € 766,651.
People and assets in 2025
€ 31,792
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 348,013
▼ 10% vs 2024
€ 38,807 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 3,495
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,025
▼ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,137 | € 191,403 | € 340,026 | € 333,322 | ▼ 2% |
| Profit after taxes | € 84,036 | € 77,860 | € 182,547 | € 185,517 | ▲ 2% |
| Equity | € 408,272 | € 439,986 | € 599,734 | € 785,251 | ▲ 31% |
| Total debts | € 323,807 | € 450,482 | € 465,221 | € 381,692 | ▼ 18% |
| Cash | € 238,293 | € 217,955 | € 339,884 | € 504,542 | ▲ 48% |
| Land & buildings | € 377,802 | € 571,329 | € 547,645 | € 559,169 | ▲ 2% |
| Retained profit | € 389,672 | € 421,386 | € 581,134 | € 766,651 | ▲ 32% |
| Dividend | € 76,572 | € 46,146 | € 22,799 | € 0 | ▼ 100% |
| Bank debt | € 297,539 | € 429,582 | € 386,891 | € 348,013 | ▼ 10% |
| Balance sheet total | € 732,079 | € 890,468 | € 1,064,955 | € 1,166,943 | ▲ 10% |
Key figures of Connecting Cables, 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 October 2026.
What happened to Connecting Cables?
What happened at Connecting Cables in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 185,517 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
- Köksal Cankaya became a director. NBB
- Osman Cankaya became a director. NBB
In short
From € 84,036 profit in 2022 to € 185,517 profit in 2025.
Paid € 242,669 in corporate taxes since 2022.
Best year ever: 2025, with € 185,517 profit.
Paid out € 145,517 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
Behind Connecting Cables are Köksal Cankaya and Osman Cankaya.
Directors
According to the 2025 annual accounts
Köksal Cankaya
Director
since 2011
Osman Cankaya
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Fernand Tavernestraat 67
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.181.687
- VAT number
- BE 0834.181.687
- Registered office
- Fernand Tavernestraat 67, 9400 Ninove
- Names & denominations
- Connecting Cables · C.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2011
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken