ACTIVE

CTS

Financial year 2025 · Closed on 31/12/2025

Net result2,3 M €+42,3 %over 1 year
Gross margin4,3 M €
Equity7,5 M €+43,3 %over 1 year
Workforce9,1 ETP+5,8 %over 1 year

Identity

Source · BCE/KBO

CTS is a Private limited company incorporated in 2016. Its main activity is: Manufacture of tobacco products. Its registered office is in Wevelgem. It employs on average 9,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0653.864.429
Incorporation
09/05/2016
Legal form
Private limited company
Registered office
Leieland 39 box 0
8560 Wevelgem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
9,1 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin4,3 M €–2,6 M €1,5 M €3,4 M €
EBITDA3,8 M €2,9 M €2,3 M €1,2 M €2 M €
Operating result2,9 M €2,1 M €1,6 M €593,8 k €1,6 M €
Net result2,3 M €1,6 M €1,2 M €465,7 k €1,3 M €
Balance sheet
Equity7,5 M €5,2 M €3,6 M €2,4 M €2 M €
Total assets8,9 M €7,8 M €6 M €5,5 M €4,9 M €
Cash902,5 k €274,9 k €488 k €459,4 k €365,2 k €
Debts1,4 M €2,6 M €2,3 M €3,1 M €2,9 M €
Other
Workforce9,1 ETP8,6 ETP6,7 ETP7,7 ETP7,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexander Santelé
Directorsince 04/05/2016
Jerôme Duffieux
Directorsince 04/05/2016
Johan Santele
Managing directorsince 04/05/2016Director28/12/2023 → 2024 accountsended
Pascal Raffaello
Directorsince 06/07/2020
Renaat Santelé
Directorsince 04/05/2016
Vincent Monjalet
Directorsince 04/05/2016

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christian Westelynck
Director04/05/2016 → 2019 accounts

Other companies at this address

Leieland 39 8560 Wevelgem
CompanyCBE no.
CS Consult● Active
0752.655.266
CTS TRADE● Active
0537.223.909
SANTELE● Active
0455.270.290
Santelé● Active
0723.498.947

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelFull 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 date19/06/202620/05/202512/06/202427/04/202319/05/202227/04/2021
General meeting15/04/202616/04/202517/04/202419/04/202320/04/202221/04/2021
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/04/202619/06/2026DutchPDF
Full model31/12/202416/04/202520/05/2025DutchPDF
Abridged model31/12/202317/04/202412/06/2024DutchPDF
Abridged model31/12/202219/04/202327/04/2023DutchPDF
Abridged model31/12/202120/04/202219/05/2022DutchPDF
Abridged model31/12/202021/04/202127/04/2021DutchPDF
Abridged model31/12/201915/04/202015/05/2020DutchPDF
Abridged model31/12/201817/04/201908/05/2019DutchPDF
Abridged model31/12/201718/04/201823/04/2018DutchPDF
Abridged model31/12/201619/04/201731/05/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

6 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexander Santelé
Directorsince 04/05/2016
Jerôme Duffieux
Directorsince 04/05/2016
Johan Santele
Managing directorsince 04/05/2016Director28/12/2023 → 2024 accountsended
Pascal Raffaello
Directorsince 06/07/2020
Renaat Santelé
Directorsince 04/05/2016
Vincent Monjalet
Directorsince 04/05/2016

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christian Westelynck
Director04/05/2016 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/05/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings10 filings
Mandates
Vincent Monjalet
Pascal Raffaello
Jerôme Duffieux
Renaat Santelé
Alexander Santelé
Johan Santele
Christian Westelynck
20162017201820192020202120222023202420252026
CTS
Leieland 39 bte 0, 8560 Wevelgem
Director
Director
Director
Director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Leieland 39 bte 0, 8560 WevelgemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00195810

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CTSCurrent
accounts 2016 → 2025
Accounts 2025 · 2026-00195810

Events

  1. 2025
    Annual accounts 20252,3 M €↑
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 2023
    Annual accounts 20231,2 M €↑
  4. 2022
    Annual accounts 2022465,7 k €↓
  5. 2021
    Annual accounts 20211,3 M €↑
  6. 2020
    Annual accounts 2020541,7 k €↑
  7. 2019
    Annual accounts 201977 k €↑
  8. 2018
    Annual accounts 201834,8 k €↑
  9. 2017
    Annual accounts 2017-20,8 k €↓
  10. 2016
    Annual accounts 201646,3 k €
  11. 09/05/2016
    IncorporationPrivate limited company