Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
CTS GROUP European Distribution from Mechelen, company number BE0886768951, closed financial year 2025 with a result of € 13,261 after tax. For that financial year CTS GROUP European Distribution recorded revenue of € 369,595 and equity of € 45,000. Compared with financial year 2024, the result moved from € -222 to € 13,261. 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 June 22, 2026.
€ 45,000
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,261
▲ still € 222 loss in 2024
Profit after tax over the fiscal year.
€ 13,215
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25,000.
People and assets in 2025
4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 283,711
▲ 4% vs 2024
€ 70,900 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.
€ 822
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,884
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 136 days on average.
€ 38,054
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 251,795 | € 322,972 | € 324,795 | € 369,595 | ▲ 14% |
| Profit after taxes | € -1,993 | € -161 | € -222 | € 13,261 | ▲ € 13,483 |
| Equity | € 32,121 | € 31,961 | € 31,739 | € 45,000 | ▲ 42% |
| Total debts | € 44,523 | € 47,872 | € 46,509 | € 61,938 | ▲ 33% |
| Cash | € 23,791 | € 15,371 | € 43,072 | € 13,215 | ▼ 69% |
| Retained profit | € 12,121 | € 11,961 | € 11,739 | € 25,000 | ▲ 113% |
| Balance sheet total | € 76,644 | € 79,833 | € 78,248 | € 106,939 | ▲ 37% |
| Employees (FTE) | 3.2 | 4.3 | 4.1 | 4 | ▼ 0.1 |
Key figures of CTS GROUP European Distribution, 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 GROUP European Distribution?
What happened at CTS GROUP European Distribution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,261. Source: NBB ↗
- New establishment in Mechelen. KBO
- Edwin Beentjes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,993 loss in 2022 to € 13,261 profit in 2025.
Paid € 16,075 in corporate taxes since 2022.
Best year ever: 2025, with € 13,261 profit.
Pays suppliers within 136 days on average.
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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 GROUP European Distribution is Edwin Beentjes. The shares are held by CTS Group Nederland (100%).
Directors
According to the 2025 annual accounts
Edwin Beentjes
Director
since 2007
Shareholders
CTS Group Nederland
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoortstraat 53
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.768.951
- VAT number
- BE 0886.768.951
- Registered office
- Zandvoortstraat 53, 2800 Mechelen
- Names & denominations
- CTS GROUP European Distribution
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2007
- Peppol
- Active · Active since 26 Mar 2025
- Activities · NACE
Logistieke diensten
Expeditiekantoren
Overige vervoerondersteunende activiteiten