ACTIVE

CSG INDUSTRIE

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Financial year 2025 · closed on 31/12/2025

Net result

180,2 k €

-22.7% YoY

Gross margin

1,4 M €

-6.9% YoY

Equity

995,3 k €

+22.1% YoY

Workforce

15,6 ETP

-5.5% YoY

What does CSG INDUSTRIE do?

CSG INDUSTRIE is a Private limited company incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Oudsbergen. It employs on average 15,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.164.759

Incorporation

27/06/2008

Legal form

Private limited company

Registered office

Industrieweg-Noord 1193
3660 Oudsbergen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

15,6 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation

Joint committees (3)

111
14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,4 M €	-6.9%	1,5 M €	-13.8%	1,8 M €	+42.5%	1,2 M €	+29.8%	957,6 k €	+21.0%	791,4 k €	-22.3%	1 M €	+11.1%	917,3 k €	-7.5%	991,2 k €	+15.6%	857,6 k €	-0.9%	865,6 k €	+21.0%	715,5 k €	-16.5%	857,1 k €	-2.6%	879,7 k €	+31.4%	669,5 k €	+51.1%	442,9 k €	+69.2%	261,8 k €
EBITDA	398,9 k €	-17.6%	484,2 k €	-31.7%	708,7 k €	+136%	300,7 k €	+134%	128,2 k €	+13.1%	113,4 k €	-37.6%	181,8 k €	+34.8%	134,9 k €	-24.5%	178,7 k €	+65.1%	108,2 k €	-14.4%	126,4 k €	+38.1%	91,6 k €	-26.1%	124 k €	+89.0%	65,6 k €	-37.8%	105,5 k €	+486%	18 k €	-16.2%	21,5 k €
Operating result	291,3 k €	-18.3%	356,7 k €	-38.7%	581,4 k €	+202%	192,7 k €	+250%	55,1 k €	+36.4%	40,4 k €	-62.3%	107,2 k €	+163%	40,7 k €	-67.4%	124,8 k €	+98.5%	62,9 k €	-9.6%	69,5 k €	+21.1%	57,4 k €	-41.6%	98,2 k €	+1163%	7,8 k €	-88.1%	65,4 k €	+633%	8,9 k €	-45.0%	16,2 k €
Net result	180,2 k €	-22.7%	232,9 k €	-34.6%	355,9 k €	+283%	93 k €	+377%	19,5 k €	+501%	3,2 k €	-92.7%	44,7 k €	+248%	12,8 k €	-78.7%	60,1 k €	+131%	26 k €	-15.6%	30,8 k €	+256%	8,6 k €	-72.5%	31,4 k €	+455%	-8,9 k €	-127%	33,1 k €	+3413%	941 €	-90.8%	10,3 k €
Balance sheet
Equity	995,3 k €	+22.1%	815,4 k €	+40.0%	582,5 k €	+143%	239,4 k €	+15.9%	206,5 k €	-3.0%	212,9 k €	-11.5%	240,5 k €	+7.5%	223,8 k €	+6.1%	211 k €	+39.8%	150,9 k €	+20.8%	124,9 k €	+32.8%	94,1 k €	+10.1%	85,4 k €	+58.2%	54 k €	-14.1%	62,9 k €	+111%	29,8 k €	+3.3%	28,9 k €
Total assets	2 M €	-8.7%	2,2 M €	+1.9%	2,1 M €	+13.2%	1,9 M €	+0.0%	1,9 M €	+6.9%	1,8 M €	+3.3%	1,7 M €	-0.0%	1,7 M €	+118%	779,4 k €	+7.5%	725,4 k €	-8.0%	788,4 k €	+37.5%	573,3 k €	-21.1%	726,2 k €	+11.8%	649,7 k €	-5.1%	684,9 k €	+27.9%	535,6 k €	+136%	226,7 k €
Cash	601,6 k €	+95.9%	307,1 k €	+76.9%	173,6 k €	+14.4%	151,7 k €	+46.1%	103,9 k €	+13.7%	91,4 k €	-15.3%	107,9 k €	+223%	33,4 k €	-77.6%	148,8 k €	+427%	28,2 k €	-74.6%	111,1 k €	-3.3%	114,8 k €	+135%	48,9 k €	+64197%	76 €	-99.9%	76 k €	+105%	37,1 k €	+223%	11,5 k €
Debts	979,6 k €	-27.4%	1,4 M €	-12.5%	1,5 M €	-5.8%	1,6 M €	+1.3%	1,6 M €	+4.9%	1,5 M €	+5.7%	1,5 M €	-1.2%	1,5 M €	+160%	568,4 k €	-1.1%	574,5 k €	-13.1%	661,4 k €	+38.0%	479,2 k €	-24.1%	631,2 k €	+6.0%	595,3 k €	-4.3%	622 k €	+23.1%	505,1 k €	+155%	197,8 k €
Other
Workforce	15,6 ETP	-5.5%	16,5 ETP	-10.8%	18,5 ETP	+6.3%	17,4 ETP	+0.6%	17,3 ETP	+10.2%	15,7 ETP	-2.5%	16,1 ETP	0.0%	16,1 ETP	0.0%	16,1 ETP	0.0%	16,1 ETP	+4.5%	15,4 ETP	+12.4%	13,7 ETP	-19.4%	17,0 ETP	-6.1%	18,1 ETP	+30.2%	13,9 ETP	+13.9%	12,2 ETP	+103%	6,0 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 · 3 active · 4 ended

Active mandates

Nobelco

Mandate · 0732.629.617

Represented by Vincent Jamaer

Active

PVDV

Mandate · 0653.866.904

Represented by Philip Daenen

Active

Sue Coenen Management

Mandate · 1022.500.853

Represented by Sue Coenen

Active

Ended mandates

Giuseppe Palumbo

Manager · since 09 juillet 2008 · until 24 janvier 2013

Ended

Cindy Gijsen

Manager

Ended

Giuseppe Palumbo

Manager

Ended

Sue Coenen

Manager

Ended

At this address

Other companies at this address

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TREVIA CAPITAL● Active	1028.973.129

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	30/06/2026	30/06/2025	01/07/2024	06/07/2023	27/06/2022	28/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	21/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	16/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	30/07/2010	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 · 3 active · 4 ended

Active mandates

Nobelco

Mandate · 0732.629.617

Represented by Vincent Jamaer

Active

PVDV

Mandate · 0653.866.904

Represented by Philip Daenen

Active

Sue Coenen Management

Mandate · 1022.500.853

Represented by Sue Coenen

Active

Ended mandates

Giuseppe Palumbo

Manager · since 09 juillet 2008 · until 24 janvier 2013

Ended

Cindy Gijsen

Manager

Ended

Giuseppe Palumbo

Manager

Ended

Sue Coenen

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/09/2026
Ontslag en benoeming
PDF
Mandates24/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/09/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other18/07/2008
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 2025180,2 k €↓
2024
Annual accounts 2024232,9 k €↓
2023
Annual accounts 2023355,9 k €↑
2022
Annual accounts 202293 k €↑
2021
Annual accounts 202119,5 k €↑
2020
Annual accounts 20203,2 k €↓
2019
Annual accounts 201944,7 k €↑
2018
Annual accounts 201812,8 k €↓
2017
Annual accounts 201760,1 k €↑
2016
Annual accounts 201626 k €↓
2015
Annual accounts 201530,8 k €↑
2014
Annual accounts 20148,6 k €↓
2013
Annual accounts 201331,4 k €↑
2012
Annual accounts 2012-8,9 k €↓
2011
Annual accounts 201133,1 k €↑
2010
Annual accounts 2010941 €↓
2009
Annual accounts 200910,3 k €
27/06/2008
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

CSG INDUSTRIE

Overview

What does CSG INDUSTRIE do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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