ACTIVE

CITS V SERVICE (BELGIUM)

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Financial year 2024 · Closed on 31/12/2024

Net result-171,6 k €-327,9 %over 1 year
Gross margin387,8 k €-31,5 %over 1 year
Equity-1,3 M €-15,6 %over 1 year
Workforce5,3 ETP-11,7 %over 1 year

Identity

Source · BCE/KBO

CITS V SERVICE (BELGIUM) is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. It employs on average 5,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.680.671
Incorporation
07/12/2010
Legal form
Private limited company
Contributed capital
18 550,00 €
Latest accounts
31/12/2024
Average workforce
5,3 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 14 filings

Trend over 12 financial years

20242023202220212018
Income statement
Gross margin387,8 k €565,8 k €-125,2 k €-112,1 k €1,4 M €
EBITDA-122 k €159,1 k €-402,2 k €-671,8 k €894,3 k €
Operating result-123,2 k €151 k €-417 k €-689 k €873,4 k €
Net result-171,6 k €75,3 k €-459,4 k €-711,5 k €607,5 k €
Balance sheet
Equity-1,3 M €-1,1 M €-1,2 M €-713,3 k €25,4 k €
Total assets167,8 k €398,2 k €304,3 k €151,7 k €760 k €
Cash131,4 k €358,6 k €197,6 k €44,4 k €610 k €
Debts1,3 M €1,4 M €1,4 M €848,6 k €734,7 k €
Other
Workforce5,3 ETP6,0 ETP4,6 ETP6,7 ETP6,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 6 ended

Active mandates

Bin Chen

Director · since 01 juin 2023

Active
Zhang Kexiong

Director · since 24 mai 2021

Active

Ended mandates

Mei Shunfu

Director · since 01 mai 2019 · until 01 juin 2023

Ended
Mei Shunfu

Director · since 01 mai 2019

Ended
Jun Wang

Manager · since 21 mars 2016

Ended
Jiankun Zou

Manager · since 03 mai 2013

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/09/202522/05/202404/07/202312/05/202213/07/202130/07/2020
General meeting01/09/202503/05/202430/06/202306/05/202209/07/202104/05/2020
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202401/09/202526/09/2025FrenchPDF
Abridged model31/12/202303/05/202422/05/2024FrenchPDF
Abridged model31/12/202230/06/202304/07/2023FrenchPDF
Abridged model31/12/202106/05/202212/05/2022FrenchPDF
Abridged model31/12/202009/07/202113/07/2021FrenchPDF
Abridged model31/12/201904/05/202030/07/2020FrenchPDF
Abridged model31/12/201803/05/201917/06/2019FrenchPDF
Abridged model31/12/201704/05/201825/05/2018FrenchPDF
Full model31/12/201605/05/201718/05/2017FrenchPDF
Full model31/12/201506/05/201631/05/2016FrenchPDF
Full model31/12/201412/02/201513/03/2015FrenchPDF
Full model31/12/201302/05/201403/06/2014FrenchPDF
Full model31/12/201203/05/201308/05/2013FrenchPDF
Full model31/12/201104/05/201203/08/2012FrenchPDF

Indicative valuation

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.

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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 31/12/2024

2 active · 6 ended

Active mandates

Bin Chen

Director · since 01 juin 2023

Active
Zhang Kexiong

Director · since 24 mai 2021

Active

Ended mandates

Mei Shunfu

Director · since 01 mai 2019 · until 01 juin 2023

Ended
Mei Shunfu

Director · since 01 mai 2019

Ended
Jun Wang

Manager · since 21 mars 2016

Ended
Jiankun Zou

Manager · since 03 mai 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring12/01/2026
    DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring06/10/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates03/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/03/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/01/2020
    DEMISSIONS, NOMINATIONS
    PDF

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 2024-171,6 k €↓
  2. 2023
    Annual accounts 202375,3 k €↑
  3. 2022
    Annual accounts 2022-459,4 k €↑
  4. 2021
    Annual accounts 2021-711,5 k €↓
  5. 2018
    Annual accounts 2018607,5 k €↑
  6. 2017
    Annual accounts 2017393,4 k €↓
  7. 2016
    Annual accounts 2016462,6 k €↑
  8. 2015
    Annual accounts 2015362,9 k €↑
  9. 2014
    Annual accounts 2014293,2 k €↑
  10. 2013
    Annual accounts 2013258,6 k €↓
  11. 2012
    Annual accounts 2012332 k €↑
  12. 2011
    Annual accounts 2011136,7 k €
  13. 07/12/2010
    IncorporationPrivate limited company