ACTIVE

CTF 2000

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+79.0% YoY

Revenue

32,1 M €

+15.8% YoY

Equity

8,4 M €

+11.3% YoY

Workforce

37,3 ETP

+6.3% YoY

What does CTF 2000 do?

CTF 2000 is a Public limited company incorporated in 2000. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Zele. It employs on average 37,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.370.213

Incorporation

13/03/2000

Legal form

Public limited company

Registered office

Baaikensstraat 11
9240 Zele · FlandreSee on map

Contributed capital

817 528,92 €

Latest accounts

31/12/2025

Average workforce

37,3 ETP

Activities (NACE)

20590Manufacture of other chemical products n.e.c.· main 20590Manufacture of other chemical products n.e.c.46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport 20140Manufacture of other organic basic chemicals+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ 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
Revenue	32,1 M €	+15.8%	27,7 M €	+0.7%	27,5 M €	-17.2%	33,2 M €	+20.6%	27,6 M €	+31.0%	21 M €	-21.6%	26,8 M €	+7.9%	24,9 M €	-2.8%	25,6 M €	+2.5%	24,9 M €	+8.0%	23,1 M €	+15.9%	19,9 M €	+21.4%	16,4 M €	+14.1%	14,4 M €	+3.9%	13,8 M €	+36.1%	10,2 M €	+25.6%	8,1 M €	+3.0%	7,9 M €		–
EBITDA	2,7 M €	+25.2%	2,2 M €	+45.0%	1,5 M €	-46.8%	2,8 M €	+9.1%	2,6 M €	+66.2%	1,6 M €	+47.9%	1,1 M €	+7.8%	980,1 k €	-18.4%	1,2 M €	-19.4%	1,5 M €	-35.7%	2,3 M €	+36.5%	1,7 M €	+15.6%	1,5 M €	+35.6%	1,1 M €	+4.8%	1 M €	+25.4%	823,9 k €	-2.2%	842,2 k €	+45.6%	578,4 k €	-51.8%	1,2 M €
Operating result	2,1 M €	+40.6%	1,5 M €	+123%	671,6 k €	-69.7%	2,2 M €	+13.0%	2 M €	+103%	964,8 k €	+101%	479,8 k €	+63.5%	293,5 k €	-18.5%	360 k €	-53.7%	777,5 k €	-53.6%	1,7 M €	+34.6%	1,2 M €	+43.1%	869,4 k €	+21.0%	718,2 k €	+0.4%	715,5 k €	+73.2%	413 k €	+49.0%	277,2 k €	+790%	31,1 k €	-96.0%	773,1 k €
Net result	1,5 M €	+79.0%	812,1 k €	+569%	121,3 k €	-92.1%	1,5 M €	+23.2%	1,2 M €	+125%	550,7 k €	+321%	130,7 k €	+303%	-64,5 k €	+19.6%	-80,2 k €	-104%	1,9 M €	+83.5%	1 M €	+16.9%	878,6 k €	+72.2%	510,3 k €	+78.5%	285,9 k €	-21.4%	363,8 k €	+67.5%	217,1 k €	+96.6%	110,5 k €	+152%	-211,6 k €	-165%	324,3 k €
Balance sheet
Equity	8,4 M €	+11.3%	7,6 M €	+12.0%	6,7 M €	+1.8%	6,6 M €	+29.9%	5,1 M €	+32.1%	3,9 M €	+16.6%	3,3 M €	+4.1%	3,2 M €	-36.7%	5 M €	-7.6%	5,4 M €	+53.0%	3,6 M €	+24.0%	2,9 M €	+25.3%	2,3 M €	+10.0%	2,1 M €	+15.7%	1,8 M €	+25.1%	1,4 M €	+17.5%	1,2 M €	+9.6%	1,1 M €	-16.2%	1,3 M €
Total assets	17,8 M €	+15.2%	15,5 M €	-3.8%	16,1 M €	-7.6%	17,4 M €	+10.1%	15,8 M €	+11.1%	14,2 M €	-2.4%	14,6 M €	-2.0%	14,9 M €	-11.3%	16,8 M €	+2.6%	16,4 M €	+18.3%	13,8 M €	+22.7%	11,3 M €	+28.8%	8,7 M €	+10.9%	7,9 M €	+3.1%	7,7 M €	+27.2%	6 M €	+16.4%	5,2 M €	-13.4%	6 M €	-4.1%	6,2 M €
Cash	1 M €	+87.5%	552,8 k €	+5.9%	521,9 k €	+81.1%	288,2 k €	-16.0%	343,2 k €	-75.9%	1,4 M €	+638%	193,1 k €	-65.5%	560,2 k €	-4.4%	586,2 k €	-3.8%	609,2 k €	+16.6%	522,3 k €	-9.7%	578,3 k €	-11.6%	654,3 k €	+104%	321 k €	-18.2%	392,4 k €	+83.8%	213,5 k €	-10.5%	238,7 k €	-23.6%	312,3 k €	-12.5%	356,8 k €
Debts	9,4 M €	+19.0%	7,9 M €	-15.3%	9,4 M €	-13.1%	10,8 M €	+0.5%	10,7 M €	+3.3%	10,4 M €	-8.0%	11,3 M €	-3.6%	11,7 M €	-0.2%	11,7 M €	+8.2%	10,8 M €	+6.2%	10,2 M €	+24.4%	8,2 M €	+31.0%	6,3 M €	+8.3%	5,8 M €	-0.1%	5,8 M €	+26.4%	4,6 M €	+16.2%	3,9 M €	-17.8%	4,8 M €	-1.7%	4,9 M €
Other
Workforce	37,3 ETP	+6.3%	35,1 ETP	+0.6%	34,9 ETP	+3.9%	33,6 ETP	+4.3%	32,2 ETP	+5.2%	30,6 ETP	-11.8%	34,7 ETP	-11.9%	39,4 ETP	-1.3%	39,9 ETP	+12.7%	35,4 ETP	+23.8%	28,6 ETP	+10.4%	25,9 ETP	+0.8%	25,7 ETP	+13.2%	22,7 ETP	+29.0%	17,6 ETP	+13.5%	15,5 ETP	+4.0%	14,9 ETP	-7.5%	16,1 ETP	-0.6%	16,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

FLAMAWAY GROUP

Managing director · since 07 décembre 2023 · until 07 décembre 2029 · 0666.864.409

Represented by Luc CARLIER

Active

MDM

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0438.363.289

Represented by Marc DEWAELE

Active

SOMAXX

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0474.548.942

Represented by Martine DETAELLENAERE

Active

Ended mandates

FLAMAWAY GROUP

Managing director · since 27 juin 2020 · until 19 juin 2026 · 0666.864.409

Represented by Luc Carlier

Ended

FLAMAWAY GROUP

Managing director · since 27 juin 2020 · until 19 juin 2026 · 0666.864.409

Represented by Luc CARLIER

Ended

MDM

Director · since 27 juin 2020 · until 19 juin 2026 · 0438.363.289

Represented by Marc Dewaele

Ended

MDM

Director · since 27 juin 2020 · until 19 juin 2026 · 0438.363.289

Represented by Marc DEWAELE

Ended

At this address

Other companies at this address

Company	CBE no.
FLAMAWAY GROUP● Active	0666.864.409
FLAMAWAY IMMO● Active	0678.652.382
Groep CTF 2000● Active	0685.893.433

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	02/07/2026	20/11/2025	24/07/2024	19/07/2023	30/08/2022	20/07/2021
General meeting	19/06/2026	20/06/2025	19/07/2024	30/06/2023	17/08/2022	18/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	02/07/2026	Dutch	PDF
Full modelCorrection	31/12/2024	20/06/2025	20/11/2025	Dutch	PDF
Full model	31/12/2024	20/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	19/07/2024	24/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	17/08/2022	30/08/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	30/08/2019	Dutch	PDF
Full model	31/12/2017	28/09/2018	22/10/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Full model	30/11/2013	24/05/2014	30/06/2014	Dutch	PDF
Full model	30/11/2012	04/05/2013	27/05/2013	Dutch	PDF
Full model	30/11/2011	05/05/2012	04/09/2012	Dutch	PDF
Full model	30/11/2010	07/05/2011	07/06/2011	Dutch	PDF
Full model	30/11/2009	03/05/2010	31/05/2010	Dutch	PDF
Full model	30/11/2008	02/05/2009	02/07/2009	Dutch	PDF
Abridged model	30/11/2007	03/05/2008	22/05/2008	Dutch	PDF
Abridged model	30/11/2006	27/02/2007	09/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

FLAMAWAY GROUP

Managing director · since 07 décembre 2023 · until 07 décembre 2029 · 0666.864.409

Represented by Luc CARLIER

Active

MDM

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0438.363.289

Represented by Marc DEWAELE

Active

SOMAXX

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0474.548.942

Represented by Martine DETAELLENAERE

Active

Ended mandates

FLAMAWAY GROUP

Managing director · since 27 juin 2020 · until 19 juin 2026 · 0666.864.409

Represented by Luc Carlier

Ended

FLAMAWAY GROUP

Managing director · since 27 juin 2020 · until 19 juin 2026 · 0666.864.409

Represented by Luc CARLIER

Ended

MDM

Director · since 27 juin 2020 · until 19 juin 2026 · 0438.363.289

Represented by Marc Dewaele

Ended

MDM

Director · since 27 juin 2020 · until 19 juin 2026 · 0438.363.289

Represented by Marc DEWAELE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/01/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/11/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other24/09/2014
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20251,5 M €↑
2024
Annual accounts 2024812,1 k €↑
2023
Annual accounts 2023121,3 k €↓
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 20211,2 M €↑
2020
Annual accounts 2020550,7 k €↑
2019
Annual accounts 2019130,7 k €↑
2018
Annual accounts 2018-64,5 k €↑
2017
Annual accounts 2017-80,2 k €↓
2016
Annual accounts 20161,9 M €↑
2015
Annual accounts 20151 M €↑
2014
Annual accounts 2014878,6 k €↑
2013
Annual accounts 2013510,3 k €↑
2012
Annual accounts 2012285,9 k €↓
2011
Annual accounts 2011363,8 k €↑
2010
Annual accounts 2010217,1 k €↑
2009
Annual accounts 2009110,5 k €↑
2008
Annual accounts 2008-211,6 k €↓
2007
Annual accounts 2007324,3 k €
13/03/2000
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

CTF 2000

Overview

What does CTF 2000 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