ACTIVE

CTN

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

-3 k €

-115.2% YoY

Gross margin

3,7 k €

-89.2% YoY

Equity

17,5 k €

-14.7% YoY

What does CTN do?

CTN is a Private limited company incorporated in 1983. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.976.004

Incorporation

07/07/1983

Legal form

Private limited company

Registered office

Avenue Albert-Elisabeth 66 box 65
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Joint committees (1)

30502

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	3,7 k €	-89.2%	33,9 k €	-44.0%	60,5 k €	-24.6%	80,3 k €	+123%	36,1 k €	-45.2%	65,8 k €	-36.7%	103,8 k €	+0.5%	103,3 k €	-0.0%	103,3 k €	+17.1%	88,2 k €	+1.4%	87 k €	+29.7%	67,1 k €	-6.0%	71,3 k €	+3.4%	68,9 k €	-5.6%	73 k €	+18.2%	61,7 k €	+21.4%	50,9 k €	+23.0%	41,3 k €	-4.4%	43,3 k €
EBITDA	3,3 k €	-90.1%	33 k €	-45.1%	60,2 k €	-24.7%	80 k €	+123%	35,9 k €	-45.2%	65,4 k €	-34.0%	99,1 k €	+0.6%	98,5 k €	+3.6%	95,1 k €	+16.9%	81,4 k €	-0.9%	82,1 k €	+31.0%	62,7 k €	-8.7%	68,6 k €	+2.8%	66,8 k €	-4.2%	69,7 k €	+28.4%	54,3 k €	+25.0%	43,4 k €	+38.9%	31,2 k €	+222%	-25,6 k €
Operating result	-1,4 k €	-105%	28,3 k €	-49.0%	55,5 k €	-26.3%	75,3 k €	+121%	34 k €	-46.9%	64 k €	-34.5%	97,7 k €	-0.8%	98,5 k €	+3.6%	95,1 k €	+16.9%	81,4 k €	-0.9%	82,1 k €	+31.0%	62,7 k €	-8.7%	68,6 k €	+5.0%	65,4 k €	-4.3%	68,3 k €	+29.2%	52,9 k €	+23.4%	42,8 k €	+47.2%	29,1 k €	+205%	-27,8 k €
Net result	-3 k €	-115%	19,8 k €	-50.5%	40,1 k €	-25.9%	54 k €	+123%	24,3 k €	-44.2%	43,5 k €	-34.9%	66,9 k €	+5.1%	63,7 k €	+3.8%	61,3 k €	+21.2%	50,6 k €	-3.6%	52,5 k €	+32.7%	39,6 k €	-8.6%	43,3 k €	+2.0%	42,4 k €	-5.2%	44,7 k €	-12.4%	51,1 k €	+27.5%	40 k €	+30.8%	30,6 k €	+196%	-31,9 k €
Balance sheet
Equity	17,5 k €	-14.7%	20,5 k €	-0.3%	20,6 k €	+0.3%	20,5 k €	+0.2%	20,5 k €	-2.0%	20,9 k €	+0.2%	20,9 k €	-0.4%	20,9 k €	-6.0%	22,3 k €	+6.4%	20,9 k €	-1.9%	21,4 k €	+2.4%	20,9 k €	-6.4%	22,3 k €	+6.0%	21 k €	+2.1%	20,6 k €	-1.3%	20,9 k €	+17.2%	17,8 k €	+180%	-22,3 k €	+57.9%	-52,9 k €
Total assets	34,2 k €	-26.6%	46,6 k €	-37.8%	75 k €	-26.1%	101,6 k €	+1.6%	100 k €	+11.8%	89,4 k €	-23.0%	116,1 k €	+1.4%	114,5 k €	+4.5%	109,6 k €	+4.1%	105,2 k €	-17.6%	127,7 k €	+14.8%	111,3 k €	-1.9%	113,5 k €	+6.9%	106,2 k €	+20.1%	88,4 k €	+11.3%	79,4 k €	+97.3%	40,3 k €	+113%	18,9 k €	+4.5%	18,1 k €
Cash	3,8 k €	+57.3%	2,4 k €	-85.4%	16,7 k €	-24.1%	22 k €	+282%	5,8 k €	-64.0%	16 k €	-59.5%	39,5 k €	+239%	11,7 k €	-17.0%	14 k €		–		9,3 k €	+1503%	579,1 €	-92.3%	7,5 k €	-61.1%	19,3 k €	+545%	3 k €	-19.2%	3,7 k €	-35.7%	5,8 k €	+19.3%	4,8 k €	+653%	640,7 €
Debts	16,7 k €	-34.4%	25,5 k €	-52.6%	53,8 k €	-32.1%	79,2 k €	+8.2%	73,2 k €	+13.8%	64,3 k €	-32.5%	95,2 k €	+1.8%	93,5 k €	+7.1%	87,3 k €	+3.6%	84,3 k €	-20.5%	106 k €	+17.7%	90,1 k €	-1.3%	91,2 k €	+7.1%	85,2 k €	+25.6%	67,8 k €	+15.8%	58,6 k €	+161%	22,5 k €	-45.4%	41,1 k €	-42.0%	70,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-75.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	-55.6%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Michel SMIDTS

Director · since 04 janvier 2024

Active

Ended mandates

Michel SMIDTS

Director

Ended

Michel SMIDTS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Centre Européen de Recherche Industrielle● Active	0449.719.219
DUC DE PRASLIN « BELGIUM »● Active	0785.439.781
DUC DE PRASLIN BELGIUM● Active	0468.638.276
EUROPEAN CONSULTING BRUSSELS● Bankrupt	0881.898.660
HELIOBEL● Liquidation	0439.463.250
JurisNexus● Active	0888.205.640
STEN STONES● Active	0646.683.954

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/02/2026	25/02/2025	28/02/2024	27/02/2023	15/02/2022	21/01/2021
General meeting	18/11/2025	16/11/2024	08/02/2024	15/11/2022	21/11/2021	24/12/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	18/11/2025	26/02/2026	French	PDF
Micro model	30/06/2024	16/11/2024	25/02/2025	French	PDF
Micro model	30/06/2023	08/02/2024	28/02/2024	French	PDF
Micro model	30/06/2022	15/11/2022	27/02/2023	French	PDF
Micro model	30/06/2021	21/11/2021	15/02/2022	French	PDF
Micro model	30/06/2020	24/12/2020	21/01/2021	French	PDF
Micro model	30/06/2019	19/11/2019	09/01/2020	French	PDF
Micro model	30/06/2018	20/11/2018	11/01/2019	French	PDF
Micro model	30/06/2017	21/11/2017	11/01/2018	French	PDF
Abridged model	30/06/2016	15/11/2016	03/01/2017	French	PDF
Abridged model	30/06/2015	17/11/2015	07/01/2016	French	PDF
Abridged model	30/06/2014	18/11/2014	18/12/2014	French	PDF
Abridged model	30/06/2013	30/12/2013	27/02/2014	French	PDF
Abridged model	30/06/2012	28/12/2012	06/02/2013	French	PDF
Abridged model	30/06/2011	15/11/2011	05/01/2012	French	PDF
Abridged model	30/06/2010	16/11/2010	26/01/2011	French	PDF
Abridged model	30/06/2009	26/01/2010	17/02/2010	French	PDF
Abridged model	30/06/2008	27/01/2009	12/02/2009	French	PDF
Abridged model	30/06/2007	28/12/2007	31/01/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 2 ended

Active mandates

Michel SMIDTS

Director · since 04 janvier 2024

Active

Ended mandates

Michel SMIDTS

Director

Ended

Michel SMIDTS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates05/03/2008
DEMISSIONS, NOMINATIONS
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 2025-3 k €↓
2024
Annual accounts 202419,8 k €↓
2023
Annual accounts 202340,1 k €↓
2022
Annual accounts 202254 k €↑
2021
Annual accounts 202124,3 k €↓
2020
Annual accounts 202043,5 k €↓
2019
Annual accounts 201966,9 k €↑
2018
Annual accounts 201863,7 k €↑
2017
Annual accounts 201761,3 k €↑
2016
Annual accounts 201650,6 k €↓
2015
Annual accounts 201552,5 k €↑
2014
Annual accounts 201439,6 k €↓
2013
Annual accounts 201343,3 k €↑
2012
Annual accounts 201242,4 k €↓
2011
Annual accounts 201144,7 k €↓
2010
Annual accounts 201051,1 k €↑
2009
Annual accounts 200940 k €↑
2008
Annual accounts 200830,6 k €↑
2007
Annual accounts 2007-31,9 k €
07/07/1983
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

CTN

Overview

What does CTN do?

Trend over 19 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