Financials
Financial year 2025
CTESO from Oudsbergen, company number BE0674481976, closed financial year 2025 with a result of € 34,768 after tax. For that financial year CTESO recorded a gross margin of € 1.5 million and equity of € 421,765. Compared with financial year 2024, the result moved from € 115,770 to € 34,768. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 421,765
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,768
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 2,876
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 39,535 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
19.2
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 33% vs 2024
€ 70,700 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.
€ 13,110
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 405,154
▲ 7% vs 2024
€ 78,949 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 310,183
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 327,635
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 635,562 | € 1,059,750 | € 1,296,853 | € 1,530,734 | ▲ 18% |
| Profit after taxes | € 27,583 | € 95,403 | € 115,770 | € 34,768 | ▼ 70% |
| Equity | € 215,358 | € 310,761 | € 426,532 | € 421,765 | ▼ 1% |
| Total debts | € 563,190 | € 569,980 | € 862,368 | € 1,042,972 | ▲ 21% |
| Cash | € 84,922 | € 45,635 | € 9,305 | € 2,876 | ▼ 69% |
| Land & buildings | € 35,381 | € 44,790 | € 38,071 | € 31,582 | ▼ 17% |
| Retained profit | € 196,758 | € 292,161 | € 407,932 | € 403,165 | ▼ 1% |
| Dividend | € 0 | € 0 | € 0 | € 39,535 | |
| Bank debt | € 364,318 | € 293,191 | € 377,845 | € 405,154 | ▲ 7% |
| Balance sheet total | € 778,548 | € 880,742 | € 1,288,900 | € 1,464,737 | ▲ 14% |
| Employees (FTE) | - | - | - | 19.2 |
Key figures of CTESO, 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 CTESO?
What happened at CTESO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,768 (▼ 70% vs 2024). Source: NBB ↗
- Go for Growth BV became a director. NBB
- DIRITECH BV became a director. NBB
- STIJN CREEMERS BV became a director. NBB
- ROB CREEMERS BV became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudsbergen. KBO
In short
From € 27,583 profit in 2022 to € 34,768 profit in 2025.
Paid € 141,104 in corporate taxes since 2022.
Best year ever: 2024, with € 115,770 profit.
On average € 79,700 of value added per employee in 2025.
Management
Behind CTESO are DIRITECH BV, Go for Growth BV, STIJN CREEMERS BV and ROB CREEMERS BV. Go for Growth BV is also behind IGUANA and KALMO SYSTEMS.
Directors
According to the 2025 annual accounts
Director · represented by Dirkx Kristof
since 2023
since 2026
Director · represented by Creemers Stijn
since 2023
Director · represented by Creemers Rob
since 2023
Establishments
Establishment units
Physical locations of this company
Molenweg 145 box B000
3660 Oudsbergen
Industrieweg-Noord 1190
3660 Oudsbergen
Active since 12 April 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CREEMERS Rob(vennoot-oprichter) 50%
- CREEMERS Stijn(vennoot-oprichter) 50%
Details
- Company number
- 0674.481.976
- VAT number
- BE 0674.481.976
- Registered office
- Molenweg 145 bus B000, 3660 Oudsbergen
- Names & denominations
- CTESO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2017
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
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Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren
Activiteiten van holdings
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