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 6.8 to 1.7.
Financials
Financial year 2025
CSP Engineering from Dessel, company number BE0451447797, closed financial year 2025 with a result of € 137,002 after tax. For that financial year CSP Engineering recorded a gross margin of € 403,795 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 268,128 to € 137,002. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 11, 2026.
€ 1.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,002
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 316,048
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 144,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.7
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 139,154
▼ 66% vs 2024
€ 81,900 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.
€ 26,886
▼ 44% vs 2024
Of which on lease € 23,008.
Debts at end 2025
€ 223,123
▼ 31% vs 2024
€ 63,965 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 46,229
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,980
▼ 26% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 581,806 | € 825,972 | € 809,109 | € 403,795 | ▼ 50% |
| Profit after taxes | € 129,662 | € 167,079 | € 268,128 | € 137,002 | ▼ 49% |
| Equity | € 1,309,503 | € 1,075,498 | € 1,143,626 | € 1,136,628 | ▼ 1% |
| Total debts | € 1,372,540 | € 938,491 | € 618,655 | € 631,899 | ▲ 2% |
| Cash | € 859,212 | € 538,097 | € 437,729 | € 316,048 | ▼ 28% |
| Land & buildings | € 440,019 | € 396,801 | € 357,023 | € 328,955 | ▼ 8% |
| Retained profit | € 1,297,098 | € 1,063,093 | € 1,131,221 | € 1,124,223 | ▼ 1% |
| Dividend | € 0 | € 402,000 | € 200,000 | € 144,000 | ▼ 28% |
| Bank debt | € 504,841 | € 388,427 | € 324,345 | € 223,123 | ▼ 31% |
| Balance sheet total | € 2,682,043 | € 2,013,989 | € 1,762,280 | € 1,768,527 | |
| Employees (FTE) | 5.4 | 6.8 | 5.3 | 1.7 | ▼ 3.6 |
Key figures of CSP Engineering, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CSP Engineering?
What happened at CSP Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,002 (▼ 49% vs 2024). filed late Source: NBB ↗
- Propar BV became a director. NBB
- New establishment in Dessel. KBO
- Start of the company according to the CBE. KBO
In short
From € 129,662 profit in 2022 to € 137,002 profit in 2025.
Paid € 82,977 in corporate taxes since 2022.
Best year ever: 2024, with € 268,128 profit.
On average € 237,500 of value added per employee in 2025.
Management
The stake of Propar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CSP EngineeringBehind CSP Engineering is Propar BV. The shares are held by Propar (100%).
Establishments
Establishment units
Physical locations of this company
Stenehei 30 box 7
2480 Dessel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →PUBLICA
€ 200,872 gross margin · 2025
U.S.G. Invest
€ -3,319 gross margin · 2025
Graspop
€ 35,975 gross margin · 2025
IJSMAN
€ 273,545 gross margin · 2025
K.F.O.
€ 15,940 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Domain
Domain
csp-engineering.com
Registered
2011-12-07
Registrar
One.com A/S
Expires
2026-12-07
Website info
Features
Security
Details
- Company number
- 0451.447.797
- VAT number
- BE 0451.447.797
- Registered office
- Stenehei 30 bus 7, 2480 Dessel
- Names & denominations
- CSP Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1993
- Peppol
- Active · Active since 1 Feb 2026
- Contact
- csp-engineering.com
- Activities · NACE
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