ACTIVE

C.S. TECHNICS

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Financial year 2025 · closed on 31/12/2025

Net result

13,7 k €

+278.6% YoY

Gross margin

39,5 k €

+311.5% YoY

Equity

166,5 k €

+8.9% YoY

What does C.S. TECHNICS do?

C.S. TECHNICS is a Public limited company incorporated in 1989. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Zwalm.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.813.557

Incorporation

05/07/1989

Legal form

Public limited company

Registered office

Zuidlaan(Munk) 170
9630 Zwalm · FlandreSee on map

Contributed capital

61 976,62 €

Latest accounts

31/12/2025

Activities (NACE)

32500Manufacture of medical and dental instruments and supplies· main 32500Manufacture of medical and dental instruments and supplies 33401Repair and installation of machinery and equipment 28299Manufacture of other general-purpose machinery n.e.c.28299Manufacture of other general-purpose machinery n.e.c.29247Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	39,5 k €	+312%	9,6 k €	-55.5%	21,6 k €	+115%	10 k €	-48.7%	19,6 k €	-55.4%	43,9 k €	+37.7%	31,9 k €	+1.3%	31,5 k €	-13.6%	36,4 k €	+5.8%	34,4 k €	+5.2%	32,7 k €	+14.9%	28,5 k €	+7.4%	26,5 k €	+0.7%	26,3 k €	+10.4%	23,9 k €	+14.9%	20,8 k €	-16.3%	24,8 k €	+3.6%	23,9 k €	-24.3%	31,6 k €	+33.8%	23,6 k €
EBITDA	36,6 k €	+372%	7,8 k €	-60.5%	19,6 k €	+142%	8,1 k €	-54.1%	17,7 k €	-58.4%	42,4 k €	+39.3%	30,4 k €	+3.2%	29,5 k €	-15.6%	34,9 k €	+37.0%	25,5 k €	-18.8%	31,4 k €	+20.1%	26,2 k €	+4.3%	25,1 k €	+1.0%	24,8 k €	+12.4%	22,1 k €	+14.5%	19,3 k €	-14.2%	22,5 k €	-0.0%	22,5 k €	-25.5%	30,2 k €	+37.6%	21,9 k €
Operating result	22,1 k €	+480%	-5,8 k €	-178%	7,4 k €	+500%	-1,8 k €	-333%	793,7 €	-97.0%	26,2 k €	+78.7%	14,7 k €	-21.7%	18,7 k €	-19.7%	23,3 k €	+53.0%	15,2 k €	-28.0%	21,1 k €	+112%	9,9 k €	+0.5%	9,9 k €	+92.2%	5,1 k €	+101%	2,6 k €	+303%	636,7 €	-93.8%	10,2 k €	+99.9%	5,1 k €	-45.7%	9,4 k €	-18.2%	11,5 k €
Net result	13,7 k €	+279%	-7,7 k €	-292%	4 k €	+188%	-4,5 k €	-500%	1,1 k €	-94.6%	21 k €	+115%	9,8 k €	-27.8%	13,6 k €	-14.5%	15,9 k €	+104%	7,8 k €	-58.5%	18,7 k €	+40.9%	13,3 k €	+97.1%	6,7 k €	+506%	1,1 k €	+151%	-2,2 k €	+45.9%	-4,1 k €	-139%	10,3 k €	+4023%	249,5 €	-94.8%	4,8 k €	-33.4%	7,2 k €
Balance sheet
Equity	166,5 k €	+8.9%	152,9 k €	-4.8%	160,5 k €	+0.3%	160 k €	-2.8%	164,5 k €	+0.7%	163,4 k €	+10.1%	148,4 k €	+7.1%	138,6 k €	+8.2%	128 k €	+9.3%	117,2 k €	+7.1%	109,4 k €	+10.9%	98,7 k €	+9.2%	90,4 k €	+8.1%	83,6 k €	+1.3%	82,5 k €	-2.6%	84,7 k €	-4.6%	88,8 k €	+13.1%	78,5 k €	+0.3%	78,2 k €	+6.5%	73,5 k €
Total assets	224,1 k €	+1.7%	220,3 k €	-5.4%	233 k €	+20.4%	193,4 k €	-9.9%	214,6 k €	-0.3%	215,3 k €	+5.4%	204,2 k €	+6.0%	192,6 k €	-2.0%	196,6 k €	+19.8%	164,1 k €	-8.5%	179,4 k €	+3.4%	173,5 k €	+3.9%	167 k €	-4.5%	174,9 k €	-5.8%	185,7 k €	-5.2%	195,9 k €	+8.8%	180,1 k €	+11.1%	162,1 k €	-5.4%	171,3 k €	+38.2%	123,9 k €
Cash	26,8 k €	+52.4%	17,6 k €	+4.4%	16,8 k €	-63.1%	45,6 k €	-15.6%	54 k €	-15.9%	64,3 k €	+54.8%	41,5 k €	-16.6%	49,8 k €	+18.9%	41,9 k €	+66.0%	25,2 k €	-26.1%	34,1 k €	+23.3%	27,7 k €	+0.4%	27,6 k €	+39.4%	19,8 k €	+77.8%	11,1 k €	-5.9%	11,8 k €	-10.7%	13,2 k €	+33.4%	9,9 k €	-57.2%	23,2 k €	-19.3%	28,8 k €
Debts	57,3 k €	-14.8%	67,2 k €	-7.2%	72,5 k €	+117%	33,4 k €	-33.3%	50,1 k €	-3.6%	51,9 k €	-7.1%	55,9 k €	+4.8%	53,3 k €	-21.4%	67,9 k €	+44.8%	46,9 k €	-32.3%	69,3 k €	-5.6%	73,4 k €	-3.0%	75,7 k €	-16.3%	90,4 k €	-11.6%	102,3 k €	-7.4%	110,4 k €	+22.0%	90,5 k €	+8.5%	83,4 k €	-10.4%	93,1 k €	+84.4%	50,5 k €

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 31/12/2025 · 2 active · 15 ended

Active mandates

Lucas Claeys

Director · since 01 juillet 2020

Active

marijke schepens

Managing director · until 30 juin 2025

Active

Ended mandates

luc claeys

Director · since 30 juin 2013

Ended

marie de smet

Director · since 30 juin 2013

Ended

marijke schepens

Managing director · since 30 juin 2013

Ended

luc claeys

Director · since 30 juin 2004

Ended

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	01/01/2025	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	10/09/2026	22/08/2025	31/08/2024	24/08/2023	10/09/2022	31/08/2021
General meeting	25/06/2026	26/06/2025	15/06/2024	15/06/2023	29/06/2022	15/06/2021
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
Micro model	31/12/2025	25/06/2026	10/09/2026	Dutch	PDF
Micro model	31/12/2024	26/06/2025	22/08/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	31/08/2024	Dutch	PDF
Micro model	31/12/2022	15/06/2023	24/08/2023	Dutch	PDF
Micro model	31/12/2021	29/06/2022	10/09/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	10/06/2020	28/09/2020	Dutch	PDF
Micro model	31/12/2018	10/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	13/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	27/09/2015	Dutch	PDF
Abridged model	31/12/2013	11/06/2014	16/09/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	18/09/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	08/09/2012	Dutch	PDF
Abridged model	31/12/2010	13/06/2011	05/09/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	30/08/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	11/09/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	30/08/2007	Dutch	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 31/12/2025 · 2 active · 15 ended

Active mandates

Lucas Claeys

Director · since 01 juillet 2020

Active

marijke schepens

Managing director · until 30 juin 2025

Active

Ended mandates

luc claeys

Director · since 30 juin 2013

Ended

marie de smet

Director · since 30 juin 2013

Ended

marijke schepens

Managing director · since 30 juin 2013

Ended

luc claeys

Director · since 30 juin 2004

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates25/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2007
KAPITAAL - AANDELEN - 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 202513,7 k €↑
2024
Annual accounts 2024-7,7 k €↓
2023
Annual accounts 20234 k €↑
2022
Annual accounts 2022-4,5 k €↓
2021
Annual accounts 20211,1 k €↓
2020
Annual accounts 202021 k €↑
2019
Annual accounts 20199,8 k €↓
2018
Annual accounts 201813,6 k €↓
2017
Annual accounts 201715,9 k €↑
2016
Annual accounts 20167,8 k €↓
2015
Annual accounts 201518,7 k €↑
2014
Annual accounts 201413,3 k €↑
2013
Annual accounts 20136,7 k €↑
2012
Annual accounts 20121,1 k €↑
2011
Annual accounts 2011-2,2 k €↑
2010
Annual accounts 2010-4,1 k €↓
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 2008249,5 €↓
2007
Annual accounts 20074,8 k €↓
2006
Annual accounts 20067,2 k €
05/07/1989
IncorporationPublic 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

C.S. TECHNICS

Overview

What does C.S. TECHNICS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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