ACTIVE

CS PROJECTS

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
241,6 k €
-28.6% YoY
Gross margin
516,9 k €
-20.7% YoY
Equity
1,5 M €
-9.3% YoY
Workforce
1,0 ETP
-23.1% YoY

What does CS PROJECTS do?

CS PROJECTS is a Private limited company incorporated in 2006. Its main activity is: Wholesale of machine tools. Its registered office is in Lokeren. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.597.069
Incorporation
31/05/2006
Legal form
Private limited company
Registered office
Hillarestraat 87
9160 Lokeren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
46620Wholesale of machine tools· main46620Wholesale of machine tools51810Air transport47521Retail sale of hardware, paints and glass in specialised stores47521Retail sale of hardware, paints and glass in specialised stores52461Warehousing and support activities for transportation
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin516,9 k €652,2 k €630,9 k €751,2 k €855,6 k €781 k €707,2 k €670 k €834,5 k €564,8 k €570,4 k €478,2 k €401,2 k €290,6 k €380,7 k €389,8 k €275,9 k €154,7 k €90,5 k €
EBITDA435,7 k €543 k €536,4 k €647,4 k €762,1 k €681,1 k €613,9 k €595,4 k €730,2 k €488,6 k €493,8 k €409,6 k €338,1 k €293 k €321,9 k €336,7 k €241,1 k €146,3 k €54 k €
Operating result360,3 k €473,7 k €465,5 k €595,1 k €720,7 k €626,7 k €549,9 k €528,8 k €644,3 k €418,6 k €433,3 k €333,2 k €271,2 k €229 k €241,3 k €283 k €182,8 k €106,3 k €-130,4 €
Net result241,6 k €338,4 k €359,8 k €452,4 k €529,3 k €450,9 k €381,7 k €374,5 k €411,3 k €260,3 k €283,1 k €217,9 k €177,8 k €150,6 k €159,4 k €170,7 k €106,9 k €58,6 k €-5,6 k €
Balance sheet
Equity1,5 M €1,6 M €1,7 M €1,7 M €1,8 M €1,7 M €1,6 M €1,3 M €1,1 M €827 k €649 k €450,7 k €294,2 k €167,6 k €60,4 k €384,6 k €213,9 k €107 k €13 k €
Total assets2,9 M €2,8 M €2,7 M €2,6 M €2,2 M €2,4 M €2,1 M €1,8 M €1,6 M €1,4 M €1,3 M €1,1 M €1,1 M €1,1 M €1,2 M €758,2 k €717,4 k €538,1 k €381,3 k €
Cash392,6 k €244,5 k €245,3 k €397,2 k €1,2 M €1,4 M €1 M €769,3 k €283,1 k €202,1 k €195,2 k €24,5 k €33,8 k €11,9 k €158,9 k €34,3 k €48,2 k €8,3 k €9 k €
Debts1,4 M €1,2 M €1 M €961,4 k €473,1 k €692,3 k €477 k €508,9 k €548,9 k €602,5 k €608,3 k €687,2 k €850 k €956,3 k €1,1 M €311,7 k €448,9 k €382,3 k €333,3 k €
Other
Workforce1,0 ETP1,3 ETP1,3 ETP1,3 ETP1,3 ETP1,2 ETP1,3 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 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 · 2 active · 5 ended

Active mandates

Sabrina D'Heedene

Director

Active
TDV Invest

Director · 0827.894.703

Represented by Devriendt THIJS

Active

Ended mandates

Sabrina D'Heedene

Manager

Ended
TDV Invest

Manager · 0827.894.703

Represented by Thijs Devriendt

Ended
TDV Invest

Director · 0827.894.703

Represented by Thijs Devriendt

Ended
TDV Invest

Manager · 0827.894.703

Represented by Thijs Devriendt

Ended
At this address

Other companies at this address

CompanyCBE no.
TDV Invest● Active
0827.894.703
TDV Vastgoed● Active
0746.902.770
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 date24/07/202614/07/202524/07/202424/07/202329/07/202201/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202204/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202624/07/2026DutchPDF
Abridged model31/12/202430/06/202514/07/2025DutchPDF
Abridged model31/12/202330/06/202424/07/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202004/06/202101/07/2021DutchPDF
Abridged model31/12/201930/06/202031/07/2020DutchPDF
Abridged model31/12/201830/06/201926/07/2019DutchPDF
Abridged model31/12/201701/06/201811/07/2018DutchPDF
Abridged model30/09/201610/03/201731/03/2017DutchPDF
Abridged model30/09/201521/03/201631/03/2016DutchPDF
Abridged model30/09/201416/03/201526/03/2015DutchPDF
Abridged model30/09/201328/03/201429/04/2014DutchPDF
Abridged model30/09/201229/03/201326/04/2013DutchPDF
Abridged model30/09/201116/12/201122/12/2011DutchPDF
Abridged model30/09/201004/03/201118/03/2011DutchPDF
Abridged model30/09/200926/02/201017/03/2010DutchPDF
Abridged model30/09/200820/03/200916/04/2009DutchPDF
Abridged model30/09/200722/02/200831/03/2008DutchPDF
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 · 2 active · 5 ended

Active mandates

Sabrina D'Heedene

Director

Active
TDV Invest

Director · 0827.894.703

Represented by Devriendt THIJS

Active

Ended mandates

Sabrina D'Heedene

Manager

Ended
TDV Invest

Manager · 0827.894.703

Represented by Thijs Devriendt

Ended
TDV Invest

Director · 0827.894.703

Represented by Thijs Devriendt

Ended
TDV Invest

Manager · 0827.894.703

Represented by Thijs Devriendt

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/10/2017
    KAPITAAL - AANDELEN - BOEKJAAR
    PDF
  • Mandates23/10/2013
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates14/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/10/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates29/01/2007
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other12/06/2006
    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. 2025
    Annual accounts 2025241,6 k €↓
  2. 2024
    Annual accounts 2024338,4 k €↓
  3. 2023
    Annual accounts 2023359,8 k €↓
  4. 2022
    Annual accounts 2022452,4 k €↓
  5. 2021
    Annual accounts 2021529,3 k €↑
  6. 2020
    Annual accounts 2020450,9 k €↑
  7. 2019
    Annual accounts 2019381,7 k €↑
  8. 2018
    Annual accounts 2018374,5 k €↓
  9. 2017
    Annual accounts 2017411,3 k €↑
  10. 2016
    Annual accounts 2016260,3 k €↓
  11. 2015
    Annual accounts 2015283,1 k €↑
  12. 2014
    Annual accounts 2014217,9 k €↑
  13. 2013
    Annual accounts 2013177,8 k €↑
  14. 2012
    Annual accounts 2012150,6 k €↓
  15. 2011
    Annual accounts 2011159,4 k €↓
  16. 2010
    Annual accounts 2010170,7 k €↑
  17. 2009
    Annual accounts 2009106,9 k €↑
  18. 2008
    Annual accounts 200858,6 k €↑
  19. 2007
    Annual accounts 2007-5,6 k €
  20. 31/05/2006
    IncorporationPrivate limited company