ACTIVE

CTESO

Financial year 2025 · closed on 31/12/2025
Net result
34,8 k €
-70.0% YoY
Gross margin
1,5 M €
+18.0% YoY
Equity
421,8 k €
-1.1% YoY
Workforce
19,2 ETP

What does CTESO do?

CTESO is a Private limited company incorporated in 2017. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Oudsbergen. It employs on average 19,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0674.481.976
Incorporation
12/04/2017
Legal form
Private limited company
Registered office
Molenweg 145 box B000
3660 Oudsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
19,2 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,5 M €1,3 M €1,1 M €635,6 k €447,8 k €169,1 k €91,9 k €22,5 k €
EBITDA159,8 k €262,7 k €225,6 k €71,3 k €159,3 k €56,3 k €71,5 k €21,1 k €
Operating result103,9 k €197,8 k €166,8 k €54,4 k €133,5 k €35,6 k €56,2 k €17,6 k €
Net result34,8 k €115,8 k €95,4 k €27,6 k €95 k €23,3 k €39,5 k €11,4 k €
Balance sheet
Equity421,8 k €426,5 k €310,8 k €215,4 k €187,8 k €92,8 k €69,5 k €30 k €
Total assets1,5 M €1,3 M €880,7 k €778,5 k €821 k €349,2 k €348,5 k €47,3 k €
Cash2,9 k €9,3 k €45,6 k €84,9 k €61,4 k €190,7 k €215,9 k €24,4 k €
Debts1 M €862,4 k €570 k €563,2 k €633,2 k €256,4 k €279 k €17,4 k €
Other
Workforce19,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 13 ended

Active mandates

Go For Growth

Director · since 05 mars 2026 · 0645.978.527

Represented by Vandecruys Jef

Active
DIRITECH

Director · since 13 novembre 2023 · 0435.529.109

Represented by Dirkx Kristof

Active
Rob Creemers

Director · since 13 novembre 2023 · 0781.395.079

Represented by Creemers Rob

Active
Stijn Creemers

Director · since 13 novembre 2023 · 0781.395.871

Represented by Creemers Stijn

Active

Ended mandates

DIRITECH

Bestuurder-zaakvoerder · since 13 novembre 2023 · 0435.529.109

Represented by Kristof Dirkx

Ended
Rob Creemers

Bestuurder-zaakvoerder · since 13 novembre 2023 · 0781.395.079

Represented by Rob Creemers

Ended
Stijn Creemers

Bestuurder · since 13 novembre 2023 · 0781.395.871

Represented by Stijn Creemers

Ended
Rob Creemers

Bestuurder · since 12 avril 2017 · until 13 novembre 2023

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date03/07/202601/07/202521/06/202417/07/202328/07/202210/09/2021
General meeting16/06/202627/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202603/07/2026DutchPDF
Micro model31/12/202427/06/202501/07/2025DutchPDF
Micro model31/12/202318/06/202421/06/2024DutchPDF
Micro model31/12/202220/06/202317/07/2023DutchPDF
Micro model31/12/202121/06/202228/07/2022DutchPDF
Micro model31/12/202015/06/202110/09/2021DutchPDF
Micro model31/12/201916/06/202025/09/2020DutchPDF
Micro model31/12/201818/06/201925/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active · 13 ended

Active mandates

Go For Growth

Director · since 05 mars 2026 · 0645.978.527

Represented by Vandecruys Jef

Active
DIRITECH

Director · since 13 novembre 2023 · 0435.529.109

Represented by Dirkx Kristof

Active
Rob Creemers

Director · since 13 novembre 2023 · 0781.395.079

Represented by Creemers Rob

Active
Stijn Creemers

Director · since 13 novembre 2023 · 0781.395.871

Represented by Creemers Stijn

Active

Ended mandates

DIRITECH

Bestuurder-zaakvoerder · since 13 novembre 2023 · 0435.529.109

Represented by Kristof Dirkx

Ended
Rob Creemers

Bestuurder-zaakvoerder · since 13 novembre 2023 · 0781.395.079

Represented by Rob Creemers

Ended
Stijn Creemers

Bestuurder · since 13 novembre 2023 · 0781.395.871

Represented by Stijn Creemers

Ended
Rob Creemers

Bestuurder · since 12 avril 2017 · until 13 novembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/04/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202534,8 k €
  2. 2024
    Annual accounts 2024115,8 k €
  3. 2023
    Annual accounts 202395,4 k €
  4. 2022
    Annual accounts 202227,6 k €
  5. 2021
    Annual accounts 202195 k €
  6. 2020
    Annual accounts 202023,3 k €
  7. 2019
    Annual accounts 201939,5 k €
  8. 2018
    Annual accounts 201811,4 k €
  9. 12/04/2017
    IncorporationPrivate limited company