Financials
Financial year 2025
CSMA from Gent, company number BE0838007744, closed financial year 2025 with a result of € 56,083 after tax. For that financial year CSMA recorded a gross margin of € 85,344 and equity of € 432,994. Compared with financial year 2024, the result moved from € 19,316 to € 56,083. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 432,994
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,083
▲ 190% vs 2024
Profit after tax over the fiscal year.
€ 12,440
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 514
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,986
▼ 83% vs 2024
Loans from banks and other lenders, long and short.
€ 61,882
▲ € 59,977 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,200
▼ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,024 | € 67,235 | € 36,786 | € 85,344 | ▲ 132% |
| Profit after taxes | € 61,542 | € 46,439 | € 19,316 | € 56,083 | ▲ 190% |
| Equity | € 312,823 | € 359,261 | € 377,744 | € 432,994 | ▲ 15% |
| Total debts | € 65,804 | € 86,802 | € 88,464 | € 116,416 | ▲ 32% |
| Cash | € 17,074 | € 6,904 | € 10,944 | € 12,440 | ▲ 14% |
| Retained profit | € 306,623 | € 353,061 | € 371,544 | € 426,794 | ▲ 15% |
| Dividend | € 800 | € 0 | € 833 | € 833 | |
| Bank debt | € 0 | € 376 | € 36,202 | € 5,986 | ▼ 83% |
| Balance sheet total | € 378,626 | € 446,064 | € 466,208 | € 549,411 | ▲ 18% |
Key figures of CSMA, 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 CSMA?
What happened at CSMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,083 (▲ 190% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Carl Dhuyvetters became a director. NBB
In short
From € 61,542 profit in 2022 to € 56,083 profit in 2025.
Paid € 109,595 in corporate taxes since 2022.
Best year ever: 2022, with € 61,542 profit.
Paid out € 2,466 in dividends to the owners in total.
Management
Behind CSMA is Carl Dhuyvetters.
Directors
According to the 2025 annual accounts
Carl Dhuyvetters
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Clarissenstraat 21
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.007.744
- VAT number
- BE 0838.007.744
- Registered office
- Clarissenstraat 21, 9000 Gent
- Names & denominations
- CSMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2011
- Peppol
- Active · Active since 5 Jan 2026
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