Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 393.3 to 300.3.
Financials
Financial year 2025
COMPUTER TASK GROUP BELGIUM from Machelen (Brab.), company number BE0450277958, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year COMPUTER TASK GROUP BELGIUM recorded revenue of € 53.3 million and equity of € 20.9 million. Compared with financial year 2024, the result moved from € 2 million to € 1.8 million. The company is profitable. 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 June 24, 2026.
€ 20.9 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 132,549
▼ 92% 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 € 19.7 million.
People and assets in 2025
300.3
▼ 55.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 30.2 million
▼ 6% vs 2024
€ 100,700 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.
€ 97,576
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
Loans from banks and other lenders, long and short.
€ 3.6 million
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 8.6 million
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 53,369,968 | € 54,207,923 | € 57,065,183 | € 53,327,238 | ▼ 7% |
| Profit after taxes | € 3,265,210 | € 2,327,053 | € 1,981,099 | € 1,811,999 | ▼ 9% |
| Equity | € 16,752,404 | € 19,079,457 | € 19,079,457 | € 20,891,456 | ▲ 9% |
| Total debts | € 14,109,525 | € 14,680,710 | € 11,542,014 | € 15,245,970 | ▲ 32% |
| Cash | € 13,020,369 | € 9,549,624 | € 1,676,269 | € 132,549 | ▼ 92% |
| Retained profit | € 15,586,518 | € 17,913,571 | € 17,913,571 | € 19,725,571 | ▲ 10% |
| Dividend | € 200,000 | € 0 | € 1,981,099 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 1,970,044 | |
| Balance sheet total | € 31,038,363 | € 33,760,167 | € 30,621,471 | € 36,137,426 | ▲ 18% |
| Employees (FTE) | 414.4 | 393.3 | 355.4 | 300.3 | ▼ 55.1 |
Key figures of COMPUTER TASK GROUP BELGIUM, 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 COMPUTER TASK GROUP BELGIUM?
What happened at COMPUTER TASK GROUP BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nick Berckmans stepped down as director. NBB
- Esdacon BV, vertegenwoordigd door Stephan Daems stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.8 million (▼ 9% vs 2024). Source: NBB ↗
- Esdacon BV, vertegenwoordigd door Stephan Daems became a director. NBB
- Nick Berckmans became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 3.3 million profit in 2022 to € 1.8 million profit in 2025.
Paid € 4.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.3 million profit.
Paid out € 2.2 million in dividends to the owners in total.
Management
The shares are held by Computer Task Group Europe BV (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Esdacon BV, vertegenwoordigd door Stephan Daems
Director · represented by Stephan Daems
Also active at: CEGEKA BUSINESS SOLUTIONS BELGIE, CEGEKA GROEP, NSI IT Software & Services, CEGEKA HEALTH CARE, CITYMESH OPERATOR, Citymesh 0G, NSI-INVEST, Cegeka Holding +11 more
since 2023 · until 2029
Shareholders
Computer Task Group Europe BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Culliganlaan 1D
1831 Machelen (Brab.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.277.958
- VAT number
- BE 0450.277.958
- Registered office
- Culliganlaan 1D, 1831 Machelen (Brab.)
- Names & denominations
- COMPUTER TASK GROUP BELGIUM · CTG Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 1993
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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