Financials
Financial year 2025
CTS TECHNICAL SERVICE from Waregem, company number BE0727812576, closed financial year 2025 with a result of € 54,667 after tax. For that financial year CTS TECHNICAL SERVICE recorded a gross margin of € 100,030 and equity of € 118,183. Compared with financial year 2024, the result moved from € 35,508 to € 54,667. 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 May 29, 2026.
€ 118,183
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,667
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 48,472
▲ € 37,817 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 23,529 paid out
43 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 21,657
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 224,222
▼ 5% vs 2024
€ 18,892 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 11,247
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,684
▲ € 5,748 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,830 | € 24,738 | € 70,132 | € 100,030 | ▲ 43% |
| Profit after taxes | € 11,204 | € -10,004 | € 35,508 | € 54,667 | ▲ 54% |
| Equity | € 79,142 | € 69,138 | € 87,046 | € 118,183 | ▲ 36% |
| Total debts | € 320,510 | € 249,896 | € 267,564 | € 259,500 | ▼ 3% |
| Cash | - | € 12,940 | € 10,656 | € 48,472 | ▲ € 37,817 |
| Land & buildings | € 234,019 | € 227,545 | € 221,071 | € 242,439 | ▲ 10% |
| Retained profit | € 74,142 | € 64,138 | € 82,046 | € 113,183 | ▲ 38% |
| Dividend | € 0 | € 0 | € 17,600 | € 23,529 | ▲ 34% |
| Bank debt | € 232,223 | € 217,307 | € 235,735 | € 224,222 | ▼ 5% |
| Balance sheet total | € 399,652 | € 319,034 | € 354,610 | € 377,683 | ▲ 7% |
Key figures of CTS TECHNICAL SERVICE, 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 CTS TECHNICAL SERVICE?
What happened at CTS TECHNICAL SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,667 (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Christophe Tytgat became a director. NBB
In short
From € 11,204 profit in 2022 to € 54,667 profit in 2025.
Paid € 37,322 in corporate taxes since 2022.
Best year ever: 2025, with € 54,667 profit.
Paid out € 41,129 in dividends to the owners in total.
A new publication or filing at CTS TECHNICAL SERVICE? 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
Behind CTS TECHNICAL SERVICE is Christophe Tytgat.
Directors
According to the 2025 annual accounts
Christophe Tytgat
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Liebaardstraat 29
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.812.576
- VAT number
- BE 0727.812.576
- Registered office
- Liebaardstraat 29, 8792 Waregem
- Names & denominations
- CTS TECHNICAL SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2019
- Peppol
- Active · Active since 2 Jul 2025
- Contact
- [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken