ACTIVE

CITCO Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 k €-90,2 %over 1 year
Revenue636 k €-7,4 %over 1 year
Equity313,1 k €+0,8 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

CITCO Belgium is a Public limited company incorporated in 1997. Its main activity is: Activities of holding companies. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.126.122
Incorporation
11/07/1997
Legal form
Public limited company
Registered office
Boulevard Louis Schmidt 87
1040 Etterbeek · BruxellesSee on map
Contributed capital
61 975,03 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue636 k €686,6 k €763 k €1,1 M €807,4 k €
EBITDA58,8 k €53,4 k €-54,9 k €282,6 k €174,7 k €
Operating result19,6 k €48,5 k €-7,2 k €240,1 k €192,7 k €
Net result2,4 k €24 k €-18,3 k €176,7 k €124,9 k €
Balance sheet
Equity313,1 k €310,7 k €286,7 k €305 k €378,3 k €
Total assets796,2 k €789,1 k €883,4 k €1,2 M €1 M €
Cash322,6 k €196,6 k €381,4 k €690,6 k €533,3 k €
Debts147 k €160,4 k €247,4 k €530,4 k €213,7 k €
Other
Workforce0,0 ETP0,0 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Philippe WITTOCK

Director · since 21 août 2023 · until 20 août 2029

Active
Huig Johan BRAAMSKAMP

Managing director · since 12 janvier 2022 · until 12 janvier 2028

Active

Ended mandates

Leendert Mattheus FOKKE

Director · since 11 septembre 2020 · until 20 août 2023

Ended
Leendert Mattheus FOKKE

Director · since 11 septembre 2020 · until 10 septembre 2026

Ended
Jan Willem Beers

Director · since 12 janvier 2018 · until 11 septembre 2020

Ended
Jan Willem Beers

Director · since 12 janvier 2018 · until 30 juin 2024

Ended

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Boulevard Louis Schmidt 87 1040 Etterbeek
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull 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 date26/06/202630/06/202501/07/202430/06/202327/06/202229/06/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/06/2026DutchPDF
Abridged model31/12/202427/06/202530/06/2025DutchPDF
Abridged model31/12/202328/06/202401/07/2024DutchPDF
Abridged model31/12/202230/06/202330/06/2023DutchPDF
Abridged model31/12/202124/06/202227/06/2022DutchPDF
Full model31/12/202025/06/202129/06/2021DutchPDF
Full model31/12/201926/06/202029/06/2020DutchPDF
Full model31/12/201828/06/201928/06/2019DutchPDF
Full model31/12/201729/06/201802/07/2018DutchPDF
Full model31/12/201629/06/201703/07/2017DutchPDF
Full model31/12/201512/05/201629/07/2016DutchPDF
Full modelCorrection31/12/201431/03/201511/08/2015DutchPDF
Full model31/12/201431/03/201520/04/2015DutchPDF
Full model31/12/201318/07/201427/08/2014DutchPDF
Full model31/12/201228/06/201304/07/2013DutchPDF
Full modelCorrection31/12/201129/06/201216/08/2012DutchPDF
Full model31/12/201129/06/201206/07/2012DutchPDF
Full model31/12/201031/05/201121/06/2011DutchPDF
Full model31/12/200930/06/201013/07/2010DutchPDF
Full model31/12/200826/06/200908/07/2009DutchPDF
Full model31/12/200710/10/200820/10/2008DutchPDF
Full model31/12/200628/09/200702/11/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Philippe WITTOCK

Director · since 21 août 2023 · until 20 août 2029

Active
Huig Johan BRAAMSKAMP

Managing director · since 12 janvier 2022 · until 12 janvier 2028

Active

Ended mandates

Leendert Mattheus FOKKE

Director · since 11 septembre 2020 · until 20 août 2023

Ended
Leendert Mattheus FOKKE

Director · since 11 septembre 2020 · until 10 septembre 2026

Ended
Jan Willem Beers

Director · since 12 janvier 2018 · until 11 septembre 2020

Ended
Jan Willem Beers

Director · since 12 janvier 2018 · until 30 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/12/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/09/2021
    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

  1. 2025
    Annual accounts 20252,4 k €↓
  2. 2024
    Annual accounts 202424 k €↑
  3. 2023
    Annual accounts 2023-18,3 k €↓
  4. 2022
    Annual accounts 2022176,7 k €↑
  5. 2021
    Annual accounts 2021124,9 k €↑
  6. 2020
    Annual accounts 2020113,6 k €↓
  7. 2019
    Annual accounts 2019174,5 k €↓
  8. 2018
    Annual accounts 2018203 k €↑
  9. 2017
    Annual accounts 201730,6 k €↓
  10. 2016
    Annual accounts 2016303,6 k €↓
  11. 2015
    Annual accounts 2015771,6 k €↑
  12. 2014
    Annual accounts 2014-548,9 k €↓
  13. 2013
    Annual accounts 2013483,9 k €↓
  14. 2012
    Annual accounts 2012677,2 k €↓
  15. 2011
    Annual accounts 2011859,1 k €↑
  16. 2010
    Annual accounts 2010664 k €↓
  17. 2009
    Annual accounts 2009888,4 k €↑
  18. 2008
    Annual accounts 2008714,9 k €↑
  19. 2007
    Annual accounts 2007371,5 k €
  20. 11/07/1997
    IncorporationPublic limited company