ACTIVE

CTW Cleaning Systems

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Financial year 2025 · Closed on 31/12/2025

Net result713,4 k €+23,3 %over 1 year
Gross margin1,3 M €+10,1 %over 1 year
Equity1,2 M €-8,2 %over 1 year
Workforce3,9 ETP-31,6 %over 1 year

Identity

Source · BCE/KBO

CTW Cleaning Systems is a Public limited company incorporated in 1988. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Turnhout. It employs on average 3,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.598.314
Incorporation
11/03/1988
Legal form
Public limited company
Registered office
Everdongenlaan 9 box 19
2300 Turnhout · FlandreSee on map
Contributed capital
186 000,00 €
Latest accounts
31/12/2025
Average workforce
3,9 ETP
Joint committees (4)
  • 149
  • 14904
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin1,3 M €1,1 M €1,4 M €1 M €447,1 k €
EBITDA932,1 k €703,1 k €922,3 k €617 k €159 k €
Operating result866,3 k €689,6 k €884,8 k €568,2 k €121,5 k €
Net result713,4 k €578,8 k €741 k €460,9 k €105,8 k €
Balance sheet
Equity1,2 M €1,3 M €1,2 M €1 M €991 k €
Total assets5,4 M €4,7 M €3,4 M €3,9 M €2,8 M €
Cash2,9 M €1,3 M €548,1 k €1,6 M €1,2 M €
Debts4,2 M €3,4 M €2,1 M €2,9 M €1,8 M €
Other
Workforce3,9 ETP5,7 ETP5,6 ETP5,1 ETP3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Schel & Co1022.198.866Represented by Jonas Schellekens
Director09/04/2025 → 09/05/2031
Fitwash0462.570.135Represented by Schellekens Luc
Director18/01/2013 → 08/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jonas Schellekens
Director18/01/2019 → 2019 accounts
Luc Schellekens
Directorlisted until the 2018 accounts

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202601/07/202510/07/202403/07/202301/07/202222/07/2021
General meeting08/05/202606/06/202518/06/202405/06/202303/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/05/202603/06/2026DutchPDF
Abridged model31/12/202406/06/202501/07/2025DutchPDF
Abridged model31/12/202318/06/202410/07/2024DutchPDF
Abridged model31/12/202205/06/202303/07/2023DutchPDF
Abridged model31/12/202103/06/202201/07/2022DutchPDF
Abridged model31/12/202028/06/202122/07/2021DutchPDF
Abridged model31/12/201920/07/202018/08/2020DutchPDF
Abridged model31/12/201827/06/201912/07/2019DutchPDF
Abridged model31/12/201711/05/201818/06/2018DutchPDF
Abridged model31/12/201612/05/201701/06/2017DutchPDF
Abridged model31/12/201513/05/201608/06/2016DutchPDF
Abridged model31/12/201416/06/201506/07/2015DutchPDF
Abridged model31/12/201309/06/201411/07/2014DutchPDF
Abridged model31/12/201210/05/201330/08/2013DutchPDF
Abridged model31/12/201111/05/201230/08/2012DutchPDF
Abridged model31/12/201013/05/201129/08/2011DutchPDF
Abridged model31/12/200907/05/201031/08/2010DutchPDF
Abridged model31/12/200804/05/200931/08/2009DutchPDF
Abridged model31/12/200702/05/200828/07/2008DutchPDF
Abridged model31/12/200604/05/200702/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Schel & Co1022.198.866Represented by Jonas Schellekens
Director09/04/2025 → 09/05/2031
Fitwash0462.570.135Represented by Schellekens Luc
Director18/01/2013 → 08/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jonas Schellekens
Director18/01/2019 → 2019 accounts
Luc Schellekens
Directorlisted until the 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring21/08/2026
    PARTIËLE SPLITSING - Vergadering partieel gesplitste vennootschap
    PDF
  • Restructuring24/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/12/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/02/2013
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings12 filings
Mandates
Schel & Co
Fitwash
Jonas Schellekens
Luc Schellekens
DiBO Holding
Arnoldus VAN DEN BORNE
19881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
CTW Cleaning Systems
Everdongenlaan 9 bte 19, 2300 TurnhoutEverdongenlaan / 9 19, 2300 Turnhout
Director
Director
Director
Managing directorDirector
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Everdongenlaan 9 bte 19, 2300 TurnhoutCurrent
accounts 2025
Accounts 2025 · 2026-00133856
Everdongenlaan / 9 19, 2300 Turnhout
accounts 2021 → 2024
Accounts 2024 · 2025-00204401

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CTW Cleaning SystemsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00133856

Events

  1. 2025
    Annual accounts 2025713,4 k €↑
  2. 2024
    Annual accounts 2024578,8 k €↓
  3. 2023
    Annual accounts 2023741 k €↑
  4. 2022
    Annual accounts 2022460,9 k €↑
  5. 2021
    Annual accounts 2021105,8 k €↑
  6. 2012
    Annual accounts 201257,7 k €↑
  7. 2011
    Annual accounts 201117,7 k €↑
  8. 2010
    Annual accounts 2010-115,3 k €↓
  9. 2009
    Annual accounts 2009376 €↓
  10. 2008
    Annual accounts 200813,6 k €↑
  11. 2007
    Annual accounts 20079,6 k €↓
  12. 2006
    Annual accounts 200655 k €
  13. 11/03/1988
    IncorporationPublic limited company