ACTIVE

C SYSTEMS

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Financial year 2025 · closed on 31/12/2025
Net result
155,8 k €
-55.0% YoY
Gross margin
2,4 M €
-29.3% YoY
Equity
1,6 M €
+11.0% YoY
Workforce
24,7 ETP
-11.8% YoY

What does C SYSTEMS do?

C SYSTEMS is a Private limited company incorporated in 2010. Its main activity is: Joinery installation. Its registered office is in Houthalen-Helchteren. It employs on average 24,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0826.812.459
Incorporation
16/06/2010
Legal form
Private limited company
Registered office
Europarklaan 1011
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
24,7 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation46739Wholesale of wood, construction materials and sanitary equipment46839Wholesale trade, except of motor vehicles and motorcycles46130Agents involved in the sale of timber and building materials46130Agents involved in the sale of timber and building materials
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin2,4 M €3,3 M €2,7 M €2,1 M €1,6 M €1,3 M €1,4 M €1,3 M €1,5 M €1,3 M €942,4 k €848,9 k €731,9 k €542,9 k €358,8 k €
EBITDA466,6 k €832,1 k €580,4 k €432,9 k €124,8 k €217,7 k €208,3 k €178,5 k €203,4 k €230,7 k €161,3 k €94,6 k €60,5 k €50,6 k €38,3 k €
Operating result248,2 k €504,2 k €274 k €168,5 k €-97,4 k €8,8 k €11,9 k €8,3 k €5,5 k €46,1 k €32,9 k €-19,8 k €-43,8 k €-16,2 k €440,6 €
Net result155,8 k €346,4 k €184,6 k €199,7 k €55,6 k €137,1 k €112,5 k €91,8 k €70,2 k €123,8 k €39,1 k €17 k €1,9 k €15,5 k €15,1 k €
Balance sheet
Equity1,6 M €1,4 M €1,1 M €891,6 k €691,9 k €636,2 k €499,1 k €386,7 k €294,9 k €218,7 k €94,9 k €55,8 k €38,9 k €37 k €21,5 k €
Total assets4,5 M €4,3 M €4,6 M €3,6 M €4 M €2,9 M €2,8 M €2,6 M €2,4 M €2,3 M €2,9 M €2,1 M €1,9 M €1,7 M €1,1 M €
Cash560,2 k €715,6 k €736,4 k €791,4 k €1,7 M €871,6 k €373,8 k €602,5 k €446,3 k €550,2 k €1 M €414,3 k €303,3 k €419,8 k €183,3 k €
Debts2,4 M €2 M €2 M €1,3 M €2,2 M €1,7 M €1,6 M €1,4 M €1,7 M €1,7 M €2,5 M €1,8 M €1,8 M €1,5 M €1 M €
Other
Workforce24,7 ETP28,0 ETP31,1 ETP27,6 ETP26,1 ETP22,3 ETP21,0 ETP21,3 ETP22,0 ETP19,0 ETP15,1 ETP11,9 ETP11,1 ETP8,7 ETP4,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

LUC CAMS

Administrator - manager · since 17 mars 2022 · until 15 mars 2028

Active

Ended mandates

DIGLA IMMO

Administrator - manager · since 05 septembre 2018 · 0469.144.656

Ended
DIRK CEYSSENS

Administrator - manager · since 15 juin 2016 · until 15 décembre 2016

Ended
LUC CAMS

Administrator - manager · since 15 juin 2016 · until 17 mars 2022

Ended
DIRK CEYSSENS

Administrator - manager · since 16 juin 2010 · until 15 juin 2016

Ended
At this address

Other companies at this address

CompanyCBE no.
CHC● Active
0748.723.501
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months15 months12 months12 months12 months12 months
Filing date25/06/202610/07/202508/04/202411/04/202307/04/202202/04/2021
General meeting19/06/202620/06/202520/03/202415/03/202316/03/202217/03/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202625/06/2026DutchPDF
Abridged model31/12/202420/06/202510/07/2025DutchPDF
Abridged model30/09/202320/03/202408/04/2024DutchPDF
Abridged model30/09/202215/03/202311/04/2023DutchPDF
Abridged model30/09/202116/03/202207/04/2022DutchPDF
Abridged model30/09/202017/03/202102/04/2021DutchPDF
Abridged model30/09/201918/03/202027/03/2020DutchPDF
Abridged model30/09/201820/03/201926/03/2019DutchPDF
Abridged model30/09/201721/03/201823/03/2018DutchPDF
Abridged model30/09/201615/03/201724/03/2017DutchPDF
Abridged model30/09/201517/03/201605/04/2016DutchPDF
Abridged model30/09/201418/03/201526/03/2015DutchPDF
Abridged model30/09/201319/03/201421/03/2014DutchPDF
Abridged model30/09/201220/03/201319/04/2013DutchPDF
Abridged model30/09/201121/03/201227/03/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 1 active · 5 ended

Active mandates

LUC CAMS

Administrator - manager · since 17 mars 2022 · until 15 mars 2028

Active

Ended mandates

DIGLA IMMO

Administrator - manager · since 05 septembre 2018 · 0469.144.656

Ended
DIRK CEYSSENS

Administrator - manager · since 15 juin 2016 · until 15 décembre 2016

Ended
LUC CAMS

Administrator - manager · since 15 juin 2016 · until 17 mars 2022

Ended
DIRK CEYSSENS

Administrator - manager · since 16 juin 2010 · until 15 juin 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other07/06/2024
    DOEL
    PDF
  • Mandates01/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/10/2015
    MAATSCHAPPELIJKE ZETEL
    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 2025155,8 k €↓
  2. 2024
    Annual accounts 2024346,4 k €↑
  3. 2023
    Annual accounts 2023184,6 k €↓
  4. 2022
    Annual accounts 2022199,7 k €↑
  5. 2021
    Annual accounts 202155,6 k €↓
  6. 2020
    Annual accounts 2020137,1 k €↑
  7. 2019
    Annual accounts 2019112,5 k €↑
  8. 2018
    Annual accounts 201891,8 k €↑
  9. 2017
    Annual accounts 201770,2 k €↓
  10. 2016
    Annual accounts 2016123,8 k €↑
  11. 2015
    Annual accounts 201539,1 k €↑
  12. 2014
    Annual accounts 201417 k €↑
  13. 2013
    Annual accounts 20131,9 k €↓
  14. 2012
    Annual accounts 201215,5 k €↑
  15. 2011
    Annual accounts 201115,1 k €
  16. 16/06/2010
    IncorporationPrivate limited company