ACTIVE

CSA

Financial year 2025 · closed on 31/12/2025
Net result
-597,1 k €
+21.2% YoY
Gross margin
-43,2 k €
-253.8% YoY
Equity
-2,5 M €
-30.9% YoY

What does CSA do?

CSA is a Private limited company incorporated in 2004. Its main activity is: Development of building projects. Its registered office is in Arendonk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.429.302
Incorporation
07/12/2004
Legal form
Private limited company
Registered office
Hoge Mauw 1510
2370 Arendonk · FlandreSee on map
Contributed capital
7 000,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212012201120102009200820072006
Income statement
Gross margin-43,2 k €28,1 k €13,6 k €309,8 k €-25 k €-14,2 k €-1,8 k €-1,9 k €-1,6 k €-1,8 k €2,1 k €24,5 k €
EBITDA-44,5 k €-16,3 k €-28,4 k €265,9 k €-66,5 k €-15,8 k €-3,2 k €-6 k €-3,1 k €-2,8 k €1,4 k €19 k €
Operating result-44,5 k €-16,3 k €-28,4 k €316,1 k €-446,6 k €-15,8 k €-3,2 k €-6 k €-3,2 k €-2,9 k €1,3 k €4,4 k €
Net result-597,1 k €-758 k €-675,2 k €46,5 k €-511,4 k €-42,5 k €-43,3 k €-28,6 k €-41 k €-7,8 k €-12,9 k €776,6 €
Balance sheet
Equity-2,5 M €-1,9 M €-1,2 M €-499,7 k €-546,2 k €-168,3 k €-125,8 k €-82,5 k €-53,9 k €-12,9 k €-5,1 k €7,8 k €
Total assets12,9 M €13,6 M €13,8 M €13,7 M €16 M €1,1 M €912,2 k €838,8 k €826,9 k €779,7 k €723 k €105,9 k €
Cash3,9 k €17,8 k €15,9 k €42,4 k €11,7 k €7,5 k €2,4 k €5,8 k €13,3 k €8,1 k €8,3 k €9,2 k €
Debts15,5 M €15,6 M €14,9 M €14,2 M €15 M €1,3 M €1 M €920,6 k €880,8 k €792,6 k €727,4 k €98,1 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

B & R

Chairman of the board of directors · since 19 octobre 2023 · 0461.486.210

Represented by Filip Van Camfort

Active

Ended mandates

B & R

Chairman of the board of directors · since 19 octobre 2023 · 0461.486.210

Represented by Filip Van Camfort

Ended
Komart Beheer

Managing director · since 19 octobre 2023 · 1000.607.359

Represented by Koen Martens

Ended
LEFICO

Director · since 30 décembre 2022 · 0479.329.854

Represented by Filip VAN CAMFORT

Ended
B & R

Managing director · since 08 juillet 2020 · 0461.486.210

Represented by Daems SAM

Ended
At this address

Other companies at this address

CompanyCBE no.
0463.487.477
ALUSERVICEActive
0864.623.257
0705.936.702
ARE ProjectsBankrupt
0705.973.126
ARKANAActive
0476.198.932
Atlas LifeActive
1016.339.472
B-AVENUEActive
0893.417.114
0463.705.926
B & RActive
0461.486.210
B & R BouwgroepActive
0693.808.039
BR&C HoldingActive
0686.548.281
B&R ConstructActive
0546.916.484
B&R DevelopmentActive
0479.139.319
B&R LogisticsActive
0875.838.437
B&S WESTPOORTActive
0758.552.272
CoYoTToActive
1008.121.592
HOOYBERGHSActive
0424.877.618
0890.130.396
Igor StevoortActive
0728.470.493
IMMO ARCADIAActive
0837.050.117
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/06/202620/06/202525/06/202420/06/202322/06/202229/06/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202617/06/2026DutchPDF
Abridged model31/12/202416/06/202520/06/2025DutchPDF
Abridged model31/12/202317/06/202425/06/2024DutchPDF
Abridged model31/12/202219/06/202320/06/2023DutchPDF
Abridged model31/12/202120/06/202222/06/2022DutchPDF
Abridged model31/12/202021/06/202129/06/2021DutchPDF
Abridged model31/12/201925/06/202029/06/2020DutchPDF
Abridged model31/12/201817/06/201925/06/2019DutchPDF
Abridged model31/12/201715/06/201828/06/2018DutchPDF
Abridged model31/12/201615/06/201730/06/2017DutchPDF
Full model31/12/201517/05/201630/05/2016DutchPDF
Full model31/12/201415/06/201517/06/2015DutchPDF
Full model31/12/201316/06/201426/06/2014DutchPDF
Abridged model31/12/201217/06/201326/06/2013DutchPDF
Abridged model31/12/201118/06/201225/06/2012DutchPDF
Abridged model31/12/201020/06/201111/08/2011DutchPDF
Abridged model31/12/200914/06/201015/07/2010DutchPDF
Abridged model31/12/200815/06/200930/06/2009DutchPDF
Abridged model31/12/200716/06/200830/06/2008DutchPDF
Abridged model30/09/200615/04/200722/05/2007DutchPDF
Estimate

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.

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 · 8 ended

Active mandates

B & R

Chairman of the board of directors · since 19 octobre 2023 · 0461.486.210

Represented by Filip Van Camfort

Active

Ended mandates

B & R

Chairman of the board of directors · since 19 octobre 2023 · 0461.486.210

Represented by Filip Van Camfort

Ended
Komart Beheer

Managing director · since 19 octobre 2023 · 1000.607.359

Represented by Koen Martens

Ended
LEFICO

Director · since 30 décembre 2022 · 0479.329.854

Represented by Filip VAN CAMFORT

Ended
B & R

Managing director · since 08 juillet 2020 · 0461.486.210

Represented by Daems SAM

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/09/2007
    Wijziging doet - wijziging boekjaar - wijziging en herwerking statuten.
    PDF
  • Other07/03/2007
    Buitengewone algemene vergaderìng d.d. 27/12/2006
    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 2025-597,1 k €
  2. 2024
    Annual accounts 2024-758 k €
  3. 2023
    Annual accounts 2023-675,2 k €
  4. 2022
    Annual accounts 202246,5 k €
  5. 2021
    Annual accounts 2021-511,4 k €
  6. 2012
    Annual accounts 2012-42,5 k €
  7. 2011
    Annual accounts 2011-43,3 k €
  8. 2010
    Annual accounts 2010-28,6 k €
  9. 2009
    Annual accounts 2009-41 k €
  10. 2008
    Annual accounts 2008-7,8 k €
  11. 2007
    Annual accounts 2007-12,9 k €
  12. 2006
    Annual accounts 2006776,6 €
  13. 07/12/2004
    IncorporationPrivate limited company