ACTIVE

CTTec

Financial year 2024 · closed on 31/12/2024
Net result
301,9 k €
+4944.7% YoY
Gross margin
324,1 k €
+6741.8% YoY
Equity
104,1 k €
+152.6% YoY

What does CTTec do?

CTTec is a Private limited company incorporated in 2009. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Menen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.896.451
Incorporation
18/02/2009
Legal form
Private limited company
Registered office
Kloosterhoek 95
8930 Menen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin324,1 k €-4,9 k €-4,1 k €-6,8 k €-9,7 k €-9,3 k €-9,2 k €-10,3 k €-5,4 k €9,4 k €12,8 k €-2,9 k €-8,9 k €3,8 k €3,5 k €3,2 k €
EBITDA323,1 k €-4,9 k €-5,1 k €-6,8 k €-10,1 k €-9,7 k €-9,7 k €-10,7 k €-5,9 k €9,0 k €12,3 k €-3,4 k €-9,4 k €3,2 k €805,5 €2,3 k €
Operating result322,6 k €-6,2 k €-6,3 k €-13,8 k €-20,7 k €-20,4 k €-26,9 k €-28,7 k €-30,8 k €-12,3 k €-8,1 k €-17,2 k €-21,7 k €3,2 k €-3,5 k €-2,0 k €
Net result301,9 k €-6,2 k €-6,4 k €-13,9 k €-20,8 k €-20,6 k €-26,9 k €-28,9 k €-30,9 k €-12,4 k €-8,2 k €-17,3 k €-20,9 k €2,6 k €-3,7 k €-2,1 k €
Balance sheet
Equity104,1 k €-197,8 k €-191,6 k €-185,2 k €-171,3 k €-150,5 k €-130,0 k €-103,0 k €-74,2 k €-43,3 k €-31,0 k €-22,8 k €-5,5 k €15,4 k €12,9 k €12,9 k €
Total assets264,3 k €1,0 k €2,8 k €4,7 k €18,5 k €20,9 k €32,4 k €44,6 k €40,1 k €71,2 k €86,1 k €91,6 k €58,2 k €21,5 k €29,4 k €30,3 k €
Cash262,7 k €52,1 €21,7 €391,7 €7,9 k €2,0 k €5,5 k €2,3 k €7,9 k €31,5 k €27,5 k €47,7 k €9,0 k €21,5 k €8,6 k €12,9 k €
Debts158,7 k €198,8 k €194,4 k €190,0 k €189,8 k €171,4 k €162,3 k €147,7 k €114,3 k €114,6 k €117,1 k €114,4 k €63,7 k €6,1 k €16,5 k €17,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Geert Roelens

Director

Active

Ended mandates

Geert Roelens

Director · since 27 décembre 2011

Ended
Lernout Management B.V.

Director · since 27 décembre 2011 · until 31 mars 2024

Represented by Jurgen Lernout

Ended
Lernout Management B.V.

Director · since 27 décembre 2011

Represented by Jurgen Lernout

Ended
Arcade Management BV

Director

Represented by Jürgen Lernout

Ended
At this address

Other companies at this address

CompanyCBE no.
ASSFIAMLiquidation
0445.233.562
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202530/08/202428/08/202331/08/202231/08/202121/08/2020
General meeting27/06/202528/06/202430/06/202330/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202531/08/2025DutchPDF
Micro model31/12/202328/06/202430/08/2024DutchPDF
Micro model31/12/202230/06/202328/08/2023DutchPDF
Micro model31/12/202130/06/202231/08/2022DutchPDF
Micro model31/12/202030/06/202131/08/2021DutchPDF
Micro model31/12/201930/06/202021/08/2020DutchPDF
Micro model31/12/201829/06/201927/08/2019DutchPDF
Micro model31/12/201729/06/201829/08/2018DutchPDF
Micro model31/12/201630/06/201728/08/2017DutchPDF
Abridged model31/12/201526/05/201602/08/2016DutchPDF
Abridged model31/12/201419/06/201531/07/2015DutchPDF
Abridged model31/12/201320/06/201408/07/2014DutchPDF
Abridged model31/12/201228/06/201301/07/2013DutchPDF
Abridged model31/12/201129/06/201229/08/2012DutchPDF
Abridged model31/12/201024/06/201106/07/2011DutchPDF
Abridged model31/12/200925/06/201029/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 1 active · 7 ended

Active mandates

Geert Roelens

Director

Active

Ended mandates

Geert Roelens

Director · since 27 décembre 2011

Ended
Lernout Management B.V.

Director · since 27 décembre 2011 · until 31 mars 2024

Represented by Jurgen Lernout

Ended
Lernout Management B.V.

Director · since 27 décembre 2011

Represented by Jurgen Lernout

Ended
Arcade Management BV

Director

Represented by Jürgen Lernout

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/07/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other16/07/2010
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other27/02/2009
    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. 2024
    Annual accounts 2024301,9 k €
  2. 2023
    Annual accounts 2023-6,2 k €
  3. 2022
    Annual accounts 2022-6,4 k €
  4. 2021
    Annual accounts 2021-13,9 k €
  5. 2020
    Annual accounts 2020-20,8 k €
  6. 2019
    Annual accounts 2019-20,6 k €
  7. 2018
    Annual accounts 2018-26,9 k €
  8. 2017
    Annual accounts 2017-28,9 k €
  9. 2016
    Annual accounts 2016-30,9 k €
  10. 2015
    Annual accounts 2015-12,4 k €
  11. 2014
    Annual accounts 2014-8,2 k €
  12. 2013
    Annual accounts 2013-17,3 k €
  13. 2012
    Annual accounts 2012-20,9 k €
  14. 2011
    Annual accounts 20112,6 k €
  15. 2010
    Annual accounts 2010-3,7 k €
  16. 2009
    Annual accounts 2009-2,1 k €
  17. 18/02/2009
    IncorporationPrivate limited company