CITEO
0889.267.195 · rovalta.com · 22/09/2026
ACTIVE
CITEO
Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
-1.5% YoY
Gross margin
-5,1 k €
-3.8% YoY
Equity
90 M €
+1.9% YoY
Overview
What does CITEO do?
CITEO is a Public limited company incorporated in 2007. Its registered office is in Bruxelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0889.267.195
Incorporation
08/05/2007
Legal form
Public limited company
Registered office
Rue des Colonies 62
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
73 416 750,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | -5,1 k € | -3.8% | -4,9 k € | -40.3% | -3,5 k € | +68.9% | -11,2 k € | -263% | -3,1 k € | -0.0% | -3,1 k € | +24.9% | -4,1 k € | – | – | – | – | – | – | – | – | – | – | – | -36,4 k € | ||||||||||||
| EBITDA | -133,5 k € | -1.0% | -132,2 k € | -3.2% | -128,2 k € | -1041% | -11,2 k € | +73.9% | -43,1 k € | -1291% | -3,1 k € | +24.9% | -4,1 k € | +10.4% | -4,6 k € | -28.6% | -3,6 k € | +9.3% | -3,9 k € | +7.6% | -4,3 k € | -0.5% | -4,2 k € | +23.8% | -5,6 k € | -22.4% | -4,6 k € | +78.2% | -20,9 k € | -318% | -5 k € | +23.4% | -6,5 k € | -2083% | 328,1 € | +101% | -36,4 k € |
| Operating result | -133,5 k € | -1.0% | -132,2 k € | -3.2% | -128,2 k € | -1041% | -11,2 k € | +73.9% | -43,1 k € | -1291% | -3,1 k € | +24.9% | -4,1 k € | +10.4% | -4,6 k € | -28.6% | -3,6 k € | +9.3% | -3,9 k € | +7.6% | -4,3 k € | -0.5% | -4,2 k € | +98.4% | -270,2 k € | +7.9% | -293,3 k € | +5.3% | -309,6 k € | -5.4% | -293,7 k € | +0.5% | -295,2 k € | -1144% | -23,7 k € | +34.8% | -36,4 k € |
| Net result | 1,7 M € | -1.5% | 1,7 M € | +0.3% | 1,7 M € | +733% | -264,2 k € | -30.9% | -201,8 k € | -773% | 30 k € | +449% | 5,5 k € | +372% | 1,2 k € | -49.7% | 2,3 k € | -99.8% | 1,3 M € | -16.5% | 1,5 M € | -8.2% | 1,7 M € | +16.9% | 1,4 M € | -6.9% | 1,5 M € | +6.5% | 1,4 M € | -1.8% | 1,5 M € | +0.0% | 1,5 M € | +496% | 245,6 k € | +830% | -33,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 90 M € | +1.9% | 88,3 M € | +1.9% | 86,7 M € | +2.0% | 85 M € | -0.3% | 85,3 M € | -0.2% | 85,5 M € | +0.0% | 85,4 M € | +0.0% | 85,4 M € | +0.0% | 85,4 M € | +0.0% | 85,4 M € | +1.5% | 84,1 M € | +1.9% | 82,6 M € | +2.1% | 80,9 M € | +1.8% | 79,5 M € | +2.0% | 78 M € | +1.9% | 76,6 M € | +1.9% | 75,1 M € | +2.0% | 73,6 M € | +2885% | 2,5 M € |
| Total assets | 90,1 M € | +1.8% | 88,5 M € | +2.1% | 86,7 M € | +2.0% | 85 M € | -0.4% | 85,3 M € | -0.2% | 85,5 M € | +0.1% | 85,4 M € | +0.0% | 85,4 M € | +0.0% | 85,4 M € | +0.0% | 85,4 M € | +1.5% | 84,1 M € | +1.8% | 82,6 M € | +2.1% | 80,9 M € | +1.8% | 79,5 M € | +1.9% | 78 M € | +1.9% | 76,6 M € | +2.0% | 75,1 M € | -0.3% | 75,3 M € | +2942% | 2,5 M € |
| Cash | 136,9 k € | -54.1% | 298 k € | +1319% | 21 k € | -100.0% | 84,6 M € | +1451% | 5,5 M € | +20045% | 27,1 k € | -100.0% | 65,2 M € | +2853% | 2,2 M € | +18.6% | 1,9 M € | +25.4% | 1,5 M € | +2356% | 60,5 k € | +91.4% | 31,6 k € | -99.8% | 20,8 M € | +25.2% | 16,6 M € | +33.5% | 12,4 M € | +48.8% | 8,4 M € | +27439% | 30,3 k € | -60.5% | 76,8 k € | +7.7% | 71,3 k € |
| Debts | 119,2 k € | -16.4% | 142,5 k € | +1180% | 11,1 k € | – | 3 k € | -69.9% | 9,8 k € | +231% | 3 k € | +60.6% | 1,8 k € | +11.1% | 1,7 k € | -44.8% | 3 k € | – | 2,1 k € | – | 2,1 k € | -92.4% | 27,2 k € | +1296% | 1,9 k € | – | 1,7 M € | +16470% | 10,3 k € | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 11 active · 99 ended
Active mandates
Active
Kurt Deswert
ActiveLaurence DEMEULEMEESTER
ActiveEric Cooremans
ActiveAshley DE BACKER
ActiveMurielle RASQUIN
ActivePhilippe THIOUX
ActiveAbbès GUENNED
ActiveVincent RIGA
ActiveGeert COCHEZ
ActiveTom VAN DE WEGHE
ActiveFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 03/06/2026 | 16/05/2025 | 22/05/2024 | 30/05/2023 | 31/05/2022 | 25/05/2021 |
| General meeting | 12/05/2026 | 13/05/2025 | 14/05/2024 | 09/05/2023 | 10/05/2022 | 11/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
40 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/05/2026 | 03/06/2026 | Dutch | |
| Abridged model | 31/12/2025 | 12/05/2026 | 03/06/2026 | French | |
| Abridged model | 31/12/2024 | 13/05/2025 | 16/05/2025 | French | |
| Abridged model | 31/12/2024 | 13/05/2025 | 16/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 14/05/2024 | 22/05/2024 | French | |
| Abridged model | 31/12/2023 | 14/05/2024 | 22/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 09/05/2023 | 30/05/2023 | Dutch | |
| Abridged model | 31/12/2022 | 09/05/2023 | 30/05/2023 | French | |
| Abridged model | 31/12/2021 | 10/05/2022 | 31/05/2022 | French | |
| Abridged model | 31/12/2021 | 10/05/2022 | 31/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/05/2021 | 25/05/2021 | Dutch | |
| Abridged model | 31/12/2020 | 11/05/2021 | 25/05/2021 | French | |
| Abridged model | 31/12/2019 | 12/05/2020 | 28/05/2020 | French | |
| Abridged model | 31/12/2019 | 12/05/2020 | 28/05/2020 | Dutch | |
| Full model | 31/12/2018 | 14/05/2019 | 05/06/2019 | French | |
| Full model | 31/12/2018 | 14/05/2019 | 05/06/2019 | Dutch | |
| Full model | 31/12/2017 | 23/05/2018 | 06/06/2018 | French | |
| Full model | 31/12/2017 | 23/05/2018 | 06/06/2018 | Dutch | |
| Full model | 31/12/2016 | 18/05/2017 | 30/05/2017 | Dutch | |
| Full model | 31/12/2016 | 18/05/2017 | 30/05/2017 | French | |
| Full modelCorrection | 31/12/2015 | 22/09/2016 | 30/09/2016 | French | |
| Full modelCorrection | 31/12/2015 | 22/09/2016 | 30/09/2016 | Dutch | |
| Full model | 31/12/2015 | 10/05/2016 | 24/05/2016 | Dutch | |
| Full model | 31/12/2015 | 10/05/2016 | 24/05/2016 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 11 active · 99 ended
Active mandates
Active
Kurt Deswert
ActiveLaurence DEMEULEMEESTER
ActiveEric Cooremans
ActiveAshley DE BACKER
ActiveMurielle RASQUIN
ActivePhilippe THIOUX
ActiveAbbès GUENNED
ActiveVincent RIGA
ActiveGeert COCHEZ
ActiveTom VAN DE WEGHE
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/09/2025DEMISSIONS, NOMINATIONS
- Mandates19/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates13/09/2024ONTSLAGEN - BENOEMINGEN
- Mandates13/09/2024DEMISSIONS, NOMINATIONS
- Mandates30/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates16/08/2023DEMISSIONS, NOMINATIONS
- Mandates15/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates15/05/2023DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,7 M €↓
- 13/05/2025reconductionBE Audit SRL — commissaris-revisor
- 13/05/2025reconductionBE Audit SRL — commissaire-reviseur
- 2024Annual accounts 20241,7 M €↑
- 14/05/2024nominationLaurence Demeulemeester — bestuurster en Voorzitster van de Raad van Bestuur
- 14/05/2024nominationTom Van de Weghe — bestuurder
- 14/05/2024nominationLaurence Demeulemeester — administratrice
- 14/05/2024nominationLaurence Demeulemeester — Présidente du Conseil d'administration
- 14/05/2024reconductionTom Van de Weghe — administrateur
- 2023Annual accounts 20231,7 M €↑
- 09/05/2023nominationEric Cooremans — bestuurder
- 09/05/2023nominationEric Cooremans — ondervoorzitter van de raad van bestuur
- 09/05/2023nominationEric Cooremans — administrateur
- 09/05/2023nominationEric COOREMANS — vice-président du conseil d'administration
- 2022Annual accounts 2022-264,2 k €↓
- 29/11/2022nominationPhilippe THIOUX — administrateur-délégué
- 29/11/2022nominationPhilippe Thioux — afgevaardigd-bestuurder
- 03/10/2022nominationAshiey De Backer — administrateur
- 03/10/2022nominationPh. Thioux — administrateur
- 03/10/2022demissionMarie De Schrijver — bestuurder
- 03/10/2022demissionMatthieu Pillois — bestuurder
- 03/10/2022nominationAshley De Backer — bestuurder
- 03/10/2022nominationMeron Knikman — bestuurder
- 03/10/2022nominationPhilippe Thioux — niet-onafhankelijk bestuurder
- 10/05/2022demissionMeron Knikman — bestuurster en Voorzitster van de Raad van Bestuur
- 10/05/2022demissionMeron Knikman — administratrice et Présidente du Conseil d'administration
- 10/05/2022nominationMeron KNIKMAN — voorzitster van de raad van bestuur
- 10/05/2022nominationBernard HAYETTE — ondervoorzitter van de raad van bestuur
- 10/05/2022nominationMeron KNIKMAN — présidente du conseil d'administration
- 10/05/2022nominationBernard HAYETTE — vice-président du conseil d'administration
- 10/05/2022reconductionBuelens, Mathay & Associates — commissaire-reviseur
- 10/05/2022nominationMeron Knikman — administrateur
- 10/05/2022nominationMarie De Schrijver — administrateur
- 10/05/2022nominationMatthieu Pillois — administrateur
- 10/05/2022nominationBernard Hayette — administrateur
- 10/05/2022reconductionBuelens, Mathay & Vennoten — commissaris
- 10/05/2022nominationMarie De Schrijver — bestuurder
- 10/05/2022nominationMatthieu Pillois — bestuurder
- 10/05/2022nominationBernard Hayette — bestuurder
- 2021Annual accounts 2021-201,8 k €↓
- 16/08/2021demissionPhilippe Thioux — niet-onafhankelijk gedelegeerd bestuurder
- 2020Annual accounts 202030 k €↑
- 2019Annual accounts 20195,5 k €↑
- 2018Annual accounts 20181,2 k €↓
- 2017Annual accounts 20172,3 k €↓
- 2016Annual accounts 20161,3 M €↓
- 2015Annual accounts 20151,5 M €↓
- 2014Annual accounts 20141,7 M €↑
- 2013Annual accounts 20131,4 M €↓
- 2012Annual accounts 20121,5 M €↑
- 2011Annual accounts 20111,4 M €↓
- 2010Annual accounts 20101,5 M €↑
- 2009Annual accounts 20091,5 M €↑
- 2008Annual accounts 2008245,6 k €↑
- 2007Annual accounts 2007-33,7 k €
- 08/05/2007IncorporationPublic limited company