ACTIVE

CTS BeNeLux

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Financial year 2025 · closed on 31/12/2025

Net result

-11,9 k €

-105.8% YoY

Gross margin

1 M €

-4.9% YoY

Equity

1,1 M €

-1.1% YoY

Workforce

13,0 ETP

+25.0% YoY

What does CTS BeNeLux do?

CTS BeNeLux is a Private limited company incorporated in 2004. Its registered office is in Aalst. It employs on average 13,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.596.038

Incorporation

07/04/2004

Legal form

Private limited company

Registered office

Geraardsbergsesteenweg 40
9320 Aalst · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

13,0 ETP

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1 M €	-4.9%	1,1 M €	-7.4%	1,2 M €	+59.4%	730 k €	+2.1%	714,7 k €	+3.4%	691,5 k €	+17.7%	587,8 k €	+7.1%	548,5 k €	+6.0%	517,6 k €	+18.8%	435,6 k €	+14.8%	379,3 k €	+26.3%	300,2 k €	-18.6%	368,6 k €	+29.1%	285,5 k €	+47.4%	193,7 k €	-2.8%	199,2 k €	+27.6%	156,1 k €	+54.9%	100,8 k €	-40.0%	167,9 k €	+34.0%	125,3 k €
EBITDA	118,6 k €	-69.0%	382,3 k €	-26.0%	516,2 k €	+257%	144,8 k €	+44.8%	100 k €	-39.2%	164,6 k €	+63.0%	101 k €	-40.0%	168,3 k €	+7.4%	156,7 k €	+80.4%	86,9 k €	+7.8%	80,6 k €	+19.0%	67,7 k €	-41.1%	115 k €	+87.8%	61,3 k €	-2.5%	62,8 k €	-32.0%	92,4 k €	+204%	30,4 k €	+555%	4,6 k €	-92.9%	65,5 k €	-2.3%	67 k €
Operating result	231,4 €	-99.9%	297,2 k €	-36.6%	468,8 k €	+379%	97,9 k €	+320%	23,3 k €	-75.0%	93,3 k €	+244%	27,1 k €	-71.3%	94,7 k €	+4.6%	90,5 k €	+181%	32,2 k €	-18.0%	39,3 k €	+23.2%	31,9 k €	-62.0%	84 k €	+123%	37,7 k €	-19.5%	46,8 k €	-37.4%	74,8 k €	+365%	16,1 k €	+266%	-9,7 k €	-119%	50,7 k €	+17.5%	43,2 k €
Net result	-11,9 k €	-106%	204,5 k €	-37.6%	327,5 k €	+420%	63 k €	+1075%	5,4 k €	-90.9%	58,9 k €	+506%	9,7 k €	-83.2%	57,7 k €	+11.4%	51,8 k €	+212%	16,6 k €	-20.8%	21 k €	-5.3%	22,2 k €	-62.7%	59,4 k €	+186%	20,8 k €	-36.2%	32,5 k €	+8.1%	30,1 k €	+204%	9,9 k €	+188%	-11,2 k €	-152%	21,6 k €	-25.6%	29 k €
Balance sheet
Equity	1,1 M €	-1.1%	1,1 M €	+22.3%	915,2 k €	+55.7%	587,7 k €	+12.0%	524,7 k €	+1.0%	519,4 k €	+12.8%	460,4 k €	+2.2%	450,7 k €	+14.7%	393 k €	+15.2%	341,1 k €	+5.1%	324,5 k €	+6.9%	303,5 k €	+7.9%	281,3 k €	+26.8%	221,9 k €	+10.3%	201,2 k €	+15.8%	173,7 k €	+17.3%	148 k €	+7.2%	138,1 k €	-7.5%	149,3 k €	+16.9%	127,7 k €
Total assets	1,9 M €	-7.3%	2,1 M €	-48.8%	4 M €	+197%	1,4 M €	+7.1%	1,3 M €	-13.8%	1,5 M €	+3.6%	1,4 M €	+3.8%	1,4 M €	+15.3%	1,2 M €	+0.5%	1,2 M €	+27.2%	927,7 k €	+44.5%	642,1 k €	-5.2%	677,3 k €	+44.4%	469,2 k €	+18.9%	394,5 k €	+21.6%	324,4 k €	+18.8%	273 k €	-2.2%	279,2 k €	+29.4%	215,7 k €	-26.0%	291,4 k €
Cash	181,1 k €	+62.7%	111,3 k €	-89.0%	1 M €	+1961%	49,3 k €	-59.2%	120,8 k €	-42.3%	209,3 k €	+38.1%	151,5 k €	+83.0%	82,8 k €	-56.6%	190,9 k €	+106%	92,5 k €	-14.3%	108 k €	-0.2%	108,2 k €	-13.8%	125,4 k €	+62.0%	77,4 k €	-19.2%	95,9 k €	+388%	19,6 k €	+59.5%	12,3 k €	-85.0%	82,1 k €	+315%	19,8 k €	-80.0%	98,7 k €
Debts	807,7 k €	-14.7%	947,2 k €	-41.6%	1,6 M €	+112%	763,7 k €	+2.8%	742,6 k €	-21.9%	951 k €	+0.9%	942,3 k €	+3.0%	914,9 k €	+16.4%	786,1 k €	-5.4%	830,8 k €	+47.7%	562,4 k €	+69.8%	331,2 k €	-11.4%	373,9 k €	+54.7%	241,8 k €	+25.4%	192,8 k €	+41.3%	136,4 k €	+10.5%	123,5 k €	-7.5%	133,5 k €	+124%	59,6 k €	-63.2%	161,8 k €
Other
Workforce	13,0 ETP	+25.0%	10,4 ETP	+6.1%	9,8 ETP		–		–		8,8 ETP	+11.4%	7,9 ETP	+1.3%	7,8 ETP	+6.8%	7,3 ETP	+4.3%	7,0 ETP	+12.9%	6,2 ETP	+37.8%	4,5 ETP	-2.2%	4,6 ETP	+17.9%	3,9 ETP	+44.4%	2,7 ETP	+8.0%	2,5 ETP	-24.2%	3,3 ETP	+17.9%	2,8 ETP	+16.7%	2,4 ETP	+33.3%	1,8 ETP

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 31/12/2025 · 1 active · 2 ended

Active mandates

Guy Troch

Director · since 29 avril 2004

Active

Ended mandates

Guy Troch

Director

Ended

Guy Troch

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	19/08/2025	16/07/2024	24/08/2023	29/07/2022	02/07/2021
General meeting	30/06/2026	29/07/2025	26/06/2024	28/07/2023	29/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	29/07/2025	19/08/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	16/07/2024	Dutch	PDF
Micro model	31/12/2022	28/07/2023	24/08/2023	Dutch	PDF
Micro model	31/12/2021	29/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	24/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	06/07/2007	Dutch	PDF

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 31/12/2025 · 1 active · 2 ended

Active mandates

Guy Troch

Director · since 29 avril 2004

Active

Ended mandates

Guy Troch

Director

Ended

Guy Troch

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/08/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other20/04/2004
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

2025
Annual accounts 2025-11,9 k €↓
2024
Annual accounts 2024204,5 k €↓
2023
Annual accounts 2023327,5 k €↑
2022
Annual accounts 202263 k €↑
2021
Annual accounts 20215,4 k €↓
2020
Annual accounts 202058,9 k €↑
2019
Annual accounts 20199,7 k €↓
2018
Annual accounts 201857,7 k €↑
2017
Annual accounts 201751,8 k €↑
2016
Annual accounts 201616,6 k €↓
2015
Annual accounts 201521 k €↓
2014
Annual accounts 201422,2 k €↓
2013
Annual accounts 201359,4 k €↑
2012
Annual accounts 201220,8 k €↓
2011
Annual accounts 201132,5 k €↑
2010
Annual accounts 201030,1 k €↑
2009
Annual accounts 20099,9 k €↑
2008
Annual accounts 2008-11,2 k €↓
2007
Annual accounts 200721,6 k €↓
2006
Annual accounts 200629 k €
07/04/2004
IncorporationPrivate limited company

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

CTS BeNeLux

Overview

What does CTS BeNeLux do?

Trend over 20 financial years

Indicative valuation

Board of directors

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