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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CITEO from Brussel, company number BE0889267195, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year CITEO recorded a gross margin of € -5,090 and equity of € 90 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.7 million. The company is profitable. 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 3, 2026.
€ 90 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 136,918
▼ 54% 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 € 16.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 119,167
▼ 16% 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 | € -11,238 | € -3,495 | € -4,905 | € -5,090 | ▼ € 186 |
| Profit after taxes | € -264,190 | € 1,673,470 | € 1,678,875 | € 1,654,056 | ▼ 1% |
| Equity | € 84,991,008 | € 86,664,479 | € 88,343,354 | € 89,997,410 | ▲ 2% |
| Total debts | € 0 | € 11,132 | € 142,485 | € 119,167 | ▼ 16% |
| Cash | € 84,599,381 | € 21,006 | € 297,995 | € 136,918 | ▼ 54% |
| Retained profit | € 11,574,258 | € 13,247,729 | € 14,926,604 | € 16,580,660 | ▲ 11% |
| Balance sheet total | € 84,991,008 | € 86,675,611 | € 88,485,840 | € 90,116,578 | ▲ 2% |
Key figures of CITEO, 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 CITEO?
What happened at CITEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BE AUDIT SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 1% vs 2024). Source: NBB ↗
- BE AUDIT SRL became a director. NBB
- Kurt Deswert became a director. NBB
- Vincent RIGA stepped down as director. NBB
- Laurence DEMEULEMEESTER became a director. NBB
- Eric Cooremans became a director. NBB
- Ashley DE BACKER became a director. NBB
In short
From € 264,190 loss in 2022 to € 1.7 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.7 million profit.
A new publication or filing at CITEO? 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
The stake of SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CITEOBehind CITEO are Ashley DE BACKER, Eric Cooremans, Geert COCHEZ, Kurt Deswert, Philippe THIOUX and Abbès GUENNED. The shares are held by SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES (100%).
Directors
According to the 2025 annual accounts
Ashley DE BACKER
Administratrice
since 2022
Eric Cooremans
Administrateur et Vice-Président du conseil d'administration
Also active at: Interregionale entiteit VIAPASS
since 2023
Geert COCHEZ
Chargé de mission du Gouvernement de la Région de la R.B.C
since 2019
Kurt Deswert
Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B
Also active at: MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
since 2025
Philippe THIOUX
Managing director
since 2022
Abbès GUENNED
Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B
Also active at: MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
since 2020
Laurence DEMEULEMEESTER
Administratrice et Présidente du conseil d'administration
since 2024
Murielle RASQUIN
Administratrice
since 2022
Tom VAN DE WEGHE
Administrateur délégué adjoint
since 2018
Vincent RIGA
Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B
Also active at: AV2L, ViRi Consulting
since 2019 · until 2025
Commissaire-reviseur · represented by Amaury Stas de Richelle
Also active at: Le Foyer Wavrien, Le Logement Bruxellois, European Organisation for Technical Assessment- (Organisation européenne pour l'Évaluation Technique), COIMBRA GROUP
since 2025 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koloniënstraat 62
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.267.195
- VAT number
- BE 0889.267.195
- Registered office
- Koloniënstraat 62, 1000 Brussel
- Names & denominations
- CITEO
- Enterprise type
- Rechtspersoon
- Legal form
- Naamloze vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 8 May 2007
- Peppol
- Not registered