ACTIVE

CTEC

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Financial year 2025 · closed on 31/12/2025

Net result

2,5 k €

-96.3% YoY

Gross margin

654,5 k €

+8.2% YoY

Equity

310,6 k €

+0.8% YoY

Workforce

4,6 ETP

+15.0% YoY

What does CTEC do?

CTEC is a Private limited company incorporated in 1970. Its main activity is: Agents involved in the sale of timber and building materials. Its registered office is in Olen. It employs on average 4,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0407.326.556

Incorporation

17/09/1970

Legal form

Private limited company

Registered office

Hagelberg 15
2250 Olen · FlandreSee on map

Contributed capital

30 986,69 €

Latest accounts

31/12/2025

Average workforce

4,6 ETP

Activities (NACE)

46130Agents involved in the sale of timber and building materials· main 46130Agents involved in the sale of timber and building materials 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport

Joint committees (4)

116
203
207
20700

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	654,5 k €	+8.2%	604,9 k €	-5.2%	638,1 k €	-0.2%	639,6 k €	+37.0%	466,8 k €	-2.9%	480,9 k €	+20.9%	397,6 k €	-2.5%	407,8 k €	+7.4%	379,5 k €	-18.5%	465,7 k €		–		–		–		–		19,2 k €	-47.2%	36,5 k €	-62.8%	98 k €	+485%	-25,5 k €	-123%	108,7 k €	-33.9%	164,3 k €
EBITDA	58,4 k €	-65.3%	168,5 k €	-35.4%	260,7 k €	+67.7%	155,4 k €	+13.2%	137,3 k €	+16.6%	117,7 k €	+72.0%	68,5 k €	-38.5%	111,3 k €	+52.2%	73,1 k €	-59.9%	182,2 k €	+94.7%	93,6 k €	+323%	-42 k €	-539%	-6,6 k €	-201%	6,5 k €	-65.2%	18,8 k €	-46.9%	35,4 k €	-63.7%	97,5 k €	+476%	-25,9 k €	-131%	83,1 k €	-33.0%	124 k €
Operating result	15,5 k €	-85.3%	106 k €	-41.2%	180,3 k €	+93.2%	93,3 k €	+6.8%	87,4 k €	+37.5%	63,5 k €	+331%	14,7 k €	-70.3%	49,5 k €	+261%	13,7 k €	-88.4%	118 k €	+294%	29,9 k €	+143%	-70,3 k €	-412%	-13,7 k €	-320%	6,2 k €	-66.7%	18,8 k €	-46.9%	35,4 k €	-63.7%	97,5 k €	+476%	-25,9 k €	+29.7%	-36,9 k €	-405%	-7,3 k €
Net result	2,5 k €	-96.3%	69 k €	-41.8%	118,5 k €	+157%	46,2 k €	-18.5%	56,7 k €	+52.7%	37,1 k €	+1845%	1,9 k €	-89.4%	18 k €	+24425%	-73,8 €	-100%	116 k €	+888%	11,7 k €	+114%	-81,9 k €	-465%	-14,5 k €	-457%	4,1 k €	-67.6%	12,5 k €	-48.4%	24,3 k €	-74.9%	96,6 k €	+428%	-29,4 k €	+45.9%	-54,4 k €	-281%	-14,3 k €
Balance sheet
Equity	310,6 k €	+0.8%	308,1 k €	+28.9%	239,1 k €	0.0%	239,1 k €	+23.9%	192,9 k €	+41.6%	136,2 k €	+37.4%	99,1 k €	+2.0%	97,2 k €	+22.6%	79,3 k €	-0.1%	79,4 k €	+317%	-36,6 k €	+24.3%	-48,4 k €	-244%	33,5 k €	-30.2%	48 k €	+9.2%	44 k €	+39.8%	31,5 k €	+336%	7,2 k €	+108%	-89,4 k €	-49.1%	-60 k €	-982%	-5,5 k €
Total assets	884 k €	+26.5%	698,8 k €	-7.8%	757,9 k €	-5.5%	802,2 k €	+27.0%	631,7 k €	+10.3%	572,9 k €	-1.1%	579,2 k €	-9.6%	641 k €	-15.1%	754,8 k €	+3.6%	728,4 k €	-9.1%	801,2 k €	+10.8%	723,5 k €	+268%	196,5 k €	+59.0%	123,6 k €	+1.4%	122 k €	+56.7%	77,8 k €	-20.2%	97,6 k €	+28.0%	76,2 k €	-12.9%	87,5 k €	-76.5%	372,5 k €
Cash	79,3 k €	-20.4%	99,6 k €	-1.0%	100,6 k €	+18.4%	85 k €	-41.7%	145,7 k €	+141%	60,4 k €	+87.3%	32,2 k €	+131%	14 k €	-15.4%	16,5 k €	+12.5%	14,7 k €	+6.8%	13,7 k €	+12.6%	12,2 k €	+26.4%	9,7 k €	+109%	4,6 k €	-75.7%	19,1 k €	+180%	6,8 k €	-76.6%	29,1 k €	+242%	8,5 k €	-69.0%	27,4 k €	-38.4%	44,5 k €
Debts	573,3 k €	+46.7%	390,7 k €	-24.6%	518,4 k €	-7.9%	563,1 k €	+35.0%	417 k €	-4.5%	436,6 k €	-9.0%	479,7 k €	-10.9%	538,4 k €	-20.3%	675,5 k €	+4.1%	649,1 k €	-22.5%	837,9 k €	+8.6%	771,8 k €	+374%	163 k €	+116%	75,6 k €	-2.8%	77,7 k €	+67.7%	46,4 k €	-48.7%	90,4 k €	-45.5%	165,6 k €	+12.3%	147,5 k €	-61.0%	378 k €
Other
Workforce	4,6 ETP	+15.0%	4,0 ETP	+21.2%	3,3 ETP	-13.2%	3,8 ETP	0.0%	3,8 ETP	-11.6%	4,3 ETP	-2.3%	4,4 ETP	0.0%	4,4 ETP	+2.3%	4,3 ETP	-8.5%	4,7 ETP	+56.7%	3,0 ETP	+57.9%	1,9 ETP	+90.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		0,8 ETP	-20.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan Vandevivere

Active

LW-GROUP

Director · since 01 janvier 2013 · 0880.390.806

Represented by Luc Kuysters

Active

Wim KUYSTERS

Director · since 27 décembre 2000

Active

Ended mandates

M. Fermont Holding BV

Director · since 01 avril 2023 · until 30 janvier 2024 · 0801.860.396

Represented by Marcel FERMONT

Ended

M. Fermont Holding BV

Director · since 01 avril 2023 · 0801.860.396

Represented by Marcel Fermont

Ended

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan Vandevivere

Ended

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan VANDEVIVERE

Ended

At this address

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BTW-Groep LW p/a Laborex BVBA● Active	0808.519.249
FE+● Active	0881.272.912
Laborex● Active	0404.266.603
Laborex Group● Active	1004.665.226
Laborex United● Active	1015.707.883
Patriven● Active	0447.429.326
Unicove● Active	1005.301.961

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	24/07/2025	30/09/2024	10/07/2023	26/10/2022	14/07/2021
General meeting	15/05/2026	30/06/2025	17/09/2024	30/06/2023	30/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/10/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	04/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	13/07/2016	Dutch	PDF
Full model	31/12/2014	29/07/2015	18/08/2015	Dutch	PDF
Full model	31/12/2013	30/07/2014	19/08/2014	Dutch	PDF
Full model	31/12/2012	29/07/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan Vandevivere

Active

LW-GROUP

Director · since 01 janvier 2013 · 0880.390.806

Represented by Luc Kuysters

Active

Wim KUYSTERS

Director · since 27 décembre 2000

Active

Ended mandates

M. Fermont Holding BV

Director · since 01 avril 2023 · until 30 janvier 2024 · 0801.860.396

Represented by Marcel FERMONT

Ended

M. Fermont Holding BV

Director · since 01 avril 2023 · 0801.860.396

Represented by Marcel Fermont

Ended

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan Vandevivere

Ended

PIPET

Director · since 01 janvier 2021 · 0759.693.112

Represented by Jan VANDEVIVERE

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Other13/01/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/03/2013
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,5 k €↓
2024
Annual accounts 202469 k €↓
2023
Annual accounts 2023118,5 k €↑
2022
Annual accounts 202246,2 k €↓
2021
Annual accounts 202156,7 k €↑
2020
Annual accounts 202037,1 k €↑
2019
Annual accounts 20191,9 k €↓
2018
Annual accounts 201818 k €↑
2017
Annual accounts 2017-73,8 €↓
2016
Annual accounts 2016116 k €↑
2015
Annual accounts 201511,7 k €↑
2014
Annual accounts 2014-81,9 k €↓
2013
Annual accounts 2013-14,5 k €↓
2012
Annual accounts 20124,1 k €↓
2011
Annual accounts 201112,5 k €↓
2010
Annual accounts 201024,3 k €↓
2009
Annual accounts 200996,6 k €↑
2008
Annual accounts 2008-29,4 k €↑
2007
Annual accounts 2007-54,4 k €↓
2006
Annual accounts 2006-14,3 k €
17/09/1970
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CTEC

Overview

What does CTEC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline