Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CITELEC from Mons, company number BE0472321407, closed financial year 2025 with a result of € 2,010 after tax. For that financial year CITELEC recorded a gross margin of € 38,246 and equity of € 85,356. Compared with financial year 2024, the result moved from € 1,107 to € 2,010. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 85,356
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,010
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 8,881
▼ 35% 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 € -14,644.
People and assets in 2025
€ 14,735
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 125,000
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 13,314
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,252
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,345 | € 51,692 | € 41,304 | € 38,246 | ▼ 7% |
| Profit after taxes | € 965 | € 3,953 | € 1,107 | € 2,010 | ▲ 82% |
| Equity | € 78,286 | € 82,240 | € 83,347 | € 85,356 | ▲ 2% |
| Total debts | € 291,882 | € 241,739 | € 230,730 | € 169,825 | ▼ 26% |
| Cash | € 154 | € 45 | € 13,663 | € 8,881 | ▼ 35% |
| Retained profit | € -21,714 | € -17,760 | € -16,653 | € -14,644 | ▲ € 2,010 |
| Bank debt | € 147,734 | € 123,155 | € 133,928 | € 125,000 | ▼ 7% |
| Balance sheet total | € 370,168 | € 323,979 | € 314,077 | € 255,181 | ▼ 19% |
Key figures of CITELEC, 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 April 2027.
What happened to CITELEC?
What happened at CITELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,010 (▲ 82% vs 2024). Source: NBB ↗
- Laurent DRUART stepped down as director. NBB
- Xavier CLUYSEN stepped down as director. NBB
- Laurent DRUART became a director. NBB
- Xavier CLUYSEN became a director. NBB
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 965 profit in 2022 to € 2,010 profit in 2025.
Paid € 5,433 in corporate taxes since 2022.
Best year ever: 2023, with € 3,953 profit.
A new publication or filing at CITELEC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2018 · until 2024
Xavier CLUYSEN
Managing director
since 2018 · until 2024
Establishments
Establishment units
Physical locations of this company
Rue René Descartes 20
7000 Mons
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0472.321.407
- VAT number
- BE 0472.321.407
- Registered office
- Rue René Descartes 20, 7000 Mons
- Names & denominations
- CITELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2000
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- dr-elec.be + 32(0) 483 61 54 74
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