Financials
Financial year 2025
CTG from Oostende, company number BE0733756795, closed financial year 2025 with a result of € 16,086 after tax. For that financial year CTG recorded a gross margin of € 32,399 and equity of € 337,830. Compared with financial year 2024, the result moved from € 47,549 to € 16,086. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 2, 2025.
€ 337,830
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,086
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 1,744
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 87,830.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.2 million
▲ € 1.8 million vs 2024
€ 23,469 is repaid this year. At this pace the long-term loan is gone in ≈ 89 years.
€ 24,205
▲ 7% 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 | € 27,433 | € 48,343 | € 78,355 | € 32,399 | ▼ 59% |
| Profit after taxes | € 1,706 | € 22,811 | € 47,549 | € 16,086 | ▼ 66% |
| Equity | € 262,702 | € 285,513 | € 321,744 | € 337,830 | ▲ 5% |
| Total debts | € 273,929 | € 473,789 | € 738,075 | € 2,269,302 | ▲ 207% |
| Cash | € 4,675 | € 15,996 | € 0 | € 1,744 | |
| Land & buildings | € 498,829 | € 488,468 | € 468,362 | € 843,473 | ▲ 80% |
| Retained profit | € 3,050 | € 25,860 | € 71,744 | € 87,830 | ▲ 22% |
| Dividend | € 0 | € 0 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 224,370 | € 213,433 | € 447,214 | € 2,245,098 | ▲ € 1.8 million |
| Balance sheet total | € 536,631 | € 759,302 | € 1,059,818 | € 2,607,132 | ▲ 146% |
Key figures of CTG, 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 November 2026.
What happened to CTG?
What happened at CTG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,086 (▼ 66% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
- Thibault Covemaeker became a director. NBB
- Gilles Covemaeker became a director. NBB
In short
From € 1,706 profit in 2022 to € 16,086 profit in 2025.
Paid € 20,286 in corporate taxes since 2022.
Best year ever: 2024, with € 47,549 profit.
Paid out € 1,666 in dividends to the owners in total.
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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 CTG are Thibault Covemaeker and Gilles Covemaeker.
Directors
According to the 2025 annual accounts
Thibault Covemaeker
Director
since 2019
Gilles Covemaeker
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 222
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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€ 21,478 gross margin · 2025
Eco Asset Invest
€ 143,620 gross margin · 2025
COVICO-SERVICE
€ 67,749 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.756.795
- VAT number
- BE 0733.756.795
- Registered office
- Torhoutsesteenweg 222, 8400 Oostende
- Names & denominations
- CTG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2019
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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