Financials
Financial year 2025
COMMUNICATIONS SERVICES AND TECHNOLOGY from Lokeren, company number BE0445774485, closed financial year 2025 with a result of € 60,475 after tax. For that financial year COMMUNICATIONS SERVICES AND TECHNOLOGY recorded a gross margin of € 1.2 million and equity of € 806,968. Compared with financial year 2024, the result moved from € 32,694 to € 60,475. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 806,968
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,475
▲ 85% vs 2024
Profit after tax over the fiscal year.
€ 258,439
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 620,968.
People and assets in 2025
19.7
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 20% vs 2024
€ 53,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,498
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 414,583
▼ 14% vs 2024
€ 96,960 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 283,693
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,500
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,031,060 | € 1,444,119 | € 1,428,364 | € 1,223,045 | ▼ 14% |
| Profit after taxes | € 68,743 | € 136,274 | € 32,694 | € 60,475 | ▲ 85% |
| Equity | € 577,524 | € 713,798 | € 746,492 | € 806,968 | ▲ 8% |
| Total debts | € 553,248 | € 821,802 | € 738,465 | € 776,778 | ▲ 5% |
| Cash | € 175,291 | € 298,570 | € 296,272 | € 258,439 | ▼ 13% |
| Land & buildings | € 127,169 | € 116,786 | € 109,219 | € 99,577 | ▼ 9% |
| Retained profit | € 391,524 | € 527,798 | € 560,492 | € 620,968 | ▲ 11% |
| Bank debt | € 431,559 | € 499,031 | € 480,383 | € 414,583 | ▼ 14% |
| Balance sheet total | € 1,130,772 | € 1,561,600 | € 1,484,957 | € 1,583,745 | ▲ 7% |
| Employees (FTE) | 21.7 | 21.5 | 23.2 | 19.7 | ▼ 3.5 |
Key figures of COMMUNICATIONS SERVICES AND TECHNOLOGY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COMMUNICATIONS SERVICES AND TECHNOLOGY?
What happened at COMMUNICATIONS SERVICES AND TECHNOLOGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Velinck NV stepped down as director. NBB
- Nadja Cottenie stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 60,475 (▲ 85% vs 2024). Source: NBB ↗
- Velinck NV became a director. NBB
- Nadja Cottenie became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,743 profit in 2022 to € 60,475 profit in 2025.
Paid € 94,198 in corporate taxes since 2022.
Best year ever: 2023, with € 136,274 profit.
On average € 62,100 of value added per employee in 2025.
Management
It owns 100% of 't Genoegen itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Philippe Veldeman
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Kwartelweg 3
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.774.485
- VAT number
- BE 0445.774.485
- Registered office
- Kwartelweg 3, 9160 Lokeren
- Names & denominations
- COMMUNICATIONS SERVICES AND TECHNOLOGY · C.S.T.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1991
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen