Financials
Financial year 2025
CITO from Mortsel, company number BE0874757678, closed financial year 2025 with a result of € -11,975 after tax. For that financial year CITO recorded a gross margin of € 16,827 and equity of € 114,332. Compared with financial year 2024, the result moved from € 13,905 to € -11,975. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 114,332
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,975
▼ still € 13,905 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,782.
People and assets in 2025
€ 20,885
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,592
▼ 4% vs 2024
€ 11,793 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 338,421
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,572
▼ 80% 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 | € 35,431 | € 42,400 | € 61,933 | € 16,827 | ▼ 73% |
| Profit after taxes | € 12,007 | € 12,742 | € 13,905 | € -11,975 | ▼ € 25,880 |
| Equity | € 97,637 | € 110,379 | € 124,284 | € 114,332 | ▼ 8% |
| Total debts | € 126,180 | € 485,660 | € 421,438 | € 435,635 | ▲ 3% |
| Cash | - | € 133 | € 803 | - | |
| Retained profit | € 79,087 | € 91,829 | € 105,734 | € 95,782 | ▼ 9% |
| Bank debt | € 42,931 | € 60,024 | € 41,073 | € 39,592 | ▼ 4% |
| Balance sheet total | € 223,817 | € 596,040 | € 545,722 | € 549,966 | ▲ 1% |
Key figures of CITO, 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 CITO?
What happened at CITO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,975 (▼ € 25,880 vs 2024). filed late Source: NBB ↗
- Jaroslaw Zygielo became a director. NBB
- Monika Wilkolazka became a director. NBB
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,007 profit in 2022 to € 11,975 loss in 2025.
Paid € 19,018 in corporate taxes since 2022.
Best year ever: 2024, with € 13,905 profit.
Management
Behind CITO are Jaroslaw Zygielo and Monika Wilkolazka.
Directors
According to the 2025 annual accounts
Jaroslaw Zygielo
Director
since 2014
Monika Wilkolazka
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Prins Leopoldlei 20
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0874.757.678
- VAT number
- BE 0874.757.678
- Registered office
- Prins Leopoldlei 20, 2640 Mortsel
- Names & denominations
- CITO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2005
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden