ACTIVE

CITEA

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Financial year 2024 · closed on 31/12/2024

Net result

23,8 k €

+106.5% YoY

Gross margin

31,6 k €

-58.7% YoY

Equity

216,1 k €

+12.4% YoY

What does CITEA do?

CITEA is a Cooperative society incorporated in 2016. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0668.408.687

Incorporation

23/12/2016

Legal form

Cooperative society

Registered office

Rue de Namur(BZ) 47
5000 Namur · WallonieSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2024

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	31,6 k €	-58.7%	76,5 k €	-56.7%	176,8 k €	-30.8%	255,6 k €	+33.7%	191,2 k €	+46.7%	130,3 k €	+64.3%	79,3 k €	+82.8%	43,4 k €
EBITDA	30,9 k €	+53.8%	20,1 k €	+23.7%	16,2 k €	+80.6%	9 k €	-74.0%	34,6 k €	+24.6%	27,8 k €	+174%	-37,7 k €	-38.0%	-27,3 k €
Operating result	30,5 k €	+121%	13,8 k €	+50.1%	9,2 k €	+146%	3,7 k €	-83.3%	22,4 k €	+20.7%	18,6 k €	+145%	-41 k €	-39.3%	-29,4 k €
Net result	23,8 k €	+107%	11,5 k €	+28.8%	8,9 k €	+384%	1,8 k €	-91.7%	22,2 k €	+21.4%	18,3 k €	+145%	-41 k €	-39.0%	-29,5 k €
Balance sheet
Equity	216,1 k €	+12.4%	192,3 k €	+6.4%	180,8 k €	+5.2%	171,9 k €	+1.1%	170 k €	+15.0%	147,8 k €	+14.1%	129,6 k €	+83.7%	70,5 k €
Total assets	239,3 k €	+6.7%	224,2 k €	-2.6%	230,2 k €	-15.9%	273,6 k €	+13.3%	241,6 k €	+20.9%	199,8 k €	+22.6%	163 k €	+30.1%	125,3 k €
Cash	184,2 k €	+9.4%	168,3 k €	+35.1%	124,6 k €	+23.9%	100,6 k €	+0.7%	99,8 k €	-14.8%	117,2 k €	+0.6%	116,5 k €	+14.9%	101,4 k €
Debts	23 k €	-28.0%	31,9 k €	-35.4%	49,4 k €	-51.5%	101,7 k €	+46.2%	69,6 k €	+46.4%	47,5 k €	+43.9%	33 k €	-39.7%	54,8 k €
Other
Workforce	–		–		–		–		–		–		1,4 ETP	+16.7%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 16 ended

Active mandates

CATHERINE OPALINSKI

Director · since 06 juillet 2021

Active

JEAN FRANCOIS TAMELLINI

Managing director · since 15 octobre 2020

Active

Thierry BODSON

Chairman of the board of directors · since 15 octobre 2020

Active

SABINE LIBERT

Director · since 17 juillet 2018

Active

MICHEL MATHY

Director · since 23 décembre 2016

Active

Ended mandates

Jean-François TAMELLINI

Managing director · since 15 octobre 2020

Ended

THIERRY BODSON

PRESIDENT DU CONSEIL ADMINISTRATION · since 15 octobre 2020

Ended

JEAN FRANCOIS TAMELLINI

Director · since 31 août 2020

Ended

ROBERT VERTENUEIL

Director · since 17 juillet 2018 · until 31 août 2020

Ended

At this address

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Centre de Coordination, d'Etudes et de Formation● Active	0465.121.829
Centre d'Education populaire André Genot● Active	0415.402.696
CENTRE DE VACANCES DE BORZEE● Liquidation	0459.238.976
IRW CGSP● Active	0774.555.391
LA MAISON SYNDICALE WALLONNE● Active	0879.305.097
PROgrès-PArticipation-Gestion en Economie Sociale● Active	0807.483.428

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/12/2025	30/09/2024	30/11/2023	31/08/2022	28/07/2021	05/10/2020
General meeting	13/06/2025	24/09/2024	09/06/2023	10/06/2022	05/07/2021	31/08/2020
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	13/06/2025	30/12/2025	French	PDF
Micro model	31/12/2023	24/09/2024	30/09/2024	French	PDF
Micro model	31/12/2022	09/06/2023	30/11/2023	French	PDF
Micro model	31/12/2021	10/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	05/07/2021	28/07/2021	French	PDF
Micro model	31/12/2019	31/08/2020	05/10/2020	French	PDF
Abridged model	31/12/2018	12/07/2019	10/10/2019	French	PDF
Abridged model	31/12/2017	17/07/2018	24/09/2018	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 16 ended

Active mandates

CATHERINE OPALINSKI

Director · since 06 juillet 2021

Active

JEAN FRANCOIS TAMELLINI

Managing director · since 15 octobre 2020

Active

Thierry BODSON

Chairman of the board of directors · since 15 octobre 2020

Active

SABINE LIBERT

Director · since 17 juillet 2018

Active

MICHEL MATHY

Director · since 23 décembre 2016

Active

Ended mandates

Jean-François TAMELLINI

Managing director · since 15 octobre 2020

Ended

THIERRY BODSON

PRESIDENT DU CONSEIL ADMINISTRATION · since 15 octobre 2020

Ended

JEAN FRANCOIS TAMELLINI

Director · since 31 août 2020

Ended

ROBERT VERTENUEIL

Director · since 17 juillet 2018 · until 31 août 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other05/03/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates20/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2018
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2016
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 202423,8 k €↑
2024
Name changeCITEA SCRLFS
2023
Annual accounts 202311,5 k €↑
2022
Annual accounts 20228,9 k €↑
2021
Annual accounts 20211,8 k €↓
2021
Name changeCITEA
2020
Annual accounts 202022,2 k €↑
2019
Annual accounts 201918,3 k €↑
2018
Annual accounts 2018-41 k €↓
2017
Annual accounts 2017-29,5 k €
23/12/2016
IncorporationCooperative society

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

CITEA

Overview

What does CITEA do?

Trend over 8 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