CTG Projects
CTG Projects has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €575k and a net result of €147k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 39 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €575k |
| Net result | €147k |
| Better than sector | 60% |
| Active | 6 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 59.3% | 52.7% | |
| Net result | €147k | €48k | |
| Equity | €575k | €200k | |
| Gross operating margin | €192k | €84k | |
| Total assets | €970k | €547k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | €147k | €144k | €150k | €128k |
| Cash flow | - | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | €49k | €49k | €51k | €44k |
| Dividends | €121k | €15k | €833 | €800 |
| Total assets | €970k | €889k | €638k | €536k |
| Equity | €575k | €550k | €421k | €271k |
| Debt | €395k | €339k | €218k | €265k |
| of which ≤ 1y | €150k | €53k | €94k | €100k |
| of which > 1y | €245k | €286k | €124k | €165k |
| Working capital | €320k | €336k | €245k | €136k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 3.13 | 7.35 | 3.62 | 2.36 |
| Quick ratio | 3.13 | 7.35 | 3.62 | 2.36 |
| Working capital ratio | 33.0% | 37.8% | 38.3% | 25.4% |
| Solvency | 59.3% | 61.8% | 65.9% | 50.6% |
| Debt / equity | 0.69 | 0.62 | 0.52 | 0.98 |
| Long-term debt ratio | 0.43 | 0.52 | 0.29 | 0.61 |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 15.2% | 16.2% | 23.5% | 23.9% |
| ROE | 25.5% | 26.2% | 35.7% | 47.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €970k | €889k | €638k | €536k |
| Fixed assets | 21/28 | €500k | €500k | €300k | €300k |
| Financial fixed assets | 28 | €500k | €500k | €300k | €300k |
| Current assets | 29/58 | €470k | €389k | €338k | €236k |
| Amounts receivable within one year | 40/41 | €150k | €94k | €94k | €61k |
| Investments | 50/53 | €29k | €23k | €17k | €10k |
| Cash & bank | 54/58 | €80k | €54k | €23k | €83k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €970k | €889k | €638k | €536k |
| Equity | 10/15 | €575k | €550k | €421k | €271k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k |
| Reserves | 13 | €570k | €545k | €416k | €266k |
| Accumulated profits (losses) | 14 | €0 | €0 | €277 | €294 |
| Amounts payable | 17/49 | €395k | €339k | €218k | €265k |
| Amounts payable after one year | 17 | €245k | €286k | €124k | €165k |
| Amounts payable within one year | 42/48 | €150k | €53k | €94k | €100k |
| Trade debts payable within one year | 44 | €2k | €460 | €394 | €393 |
| Income statement | |||||
| Gross operating margin | 9900 | €192k | €190k | €199k | €174k |
| Operating result | 9901 | €191k | €189k | €198k | €174k |
| Financial income | 75 | €6k | €6k | €5k | €2k |
| Financial charges | 65 | €1k | €3k | €2k | €4k |
| Result before taxes | 9903 | €196k | €193k | €201k | €172k |
| Income taxes | 67/77 | €49k | €49k | €51k | €44k |
| Net result for the period | 9904 | €147k | €144k | €150k | €128k |
| Result to be appropriated | 9905 | €147k | €144k | €150k | €128k |
| NACE primary | Other information service activities(63920) |
| Legal form | Private limited company(610) |
| Incorporation | 14-02-2020 |
| Status | Active |
| Postal code | 9700 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035A0200/00B005 | Flanders | 559 m² | 1 · 75 m² | 11.5 m · 3 fl. |
27-03
State Gazette act
RestructuringMerger · Net-asset statement · Accounting effect6 facts ▸
- Merger
- Net-asset statement, 31.12.2025
- Net-asset statement, 31.12.2025
- Accounting effect, 01.01.2026
- Power of attorney, D&P Menen BV
- Power of attorney, D&P Menen BV
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
27-03-2026 Act object · Merger · Net asset statement · Accounting effect
- Act object: Uittreksel fusievoorstel d.d.13.03.2026 · TGS PROJECTS
- Publication: 27/03/2026 · TGS PROJECTS
- Filing: 19 MAART 2026 · TGS PROJECTS
- Merger: date: 13.03.2026 · CTRS PROJECTS
- Net asset statement: date: 31.12.2025, amount: 575433.34, currency: EUR · CTRS PROJECTS
- Net asset statement: date: 31.12.2025, amount: 575433.34, currency: EUR · TGS PROJECTS
- Accounting effect: 01.01.2026 · CTRS PROJECTS
- Power of attorney: neerleggings- en publicatieverplichtingen te vervullen in uitvoering van onderhavig fusievoorstel · D&P Menen BV
- Power of attorney: neerleggings- en publicatieverplichtingen te vervullen in uitvoering van onderhavig fusievoorstel · D&P Menen BV
Technical details
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}27-03-2026 Act object · Notarial deed · Merger · Net asset statement
- Act object: Uittreksel fusievoorstel d.d. 13.03.2026 · CTRS PROJECTS
- Publication: 27/03/2026 · CTRS PROJECTS
- Filing: 19 MAART 2026 · CTRS PROJECTS
- Notarial deed: 13.03.2026 · CTRS PROJECTS
- Merger · CTRS PROJECTS
- Net asset statement: date: 31.12.2025, amount: 575433.34, currency: EUR · CTRS PROJECTS
- Net asset statement: date: 31.12.2025, amount: 575433.34, currency: EUR · TGS PROJECTS
- Accounting effect: 01.01.2026 · CTRS PROJECTS
- Power of attorney: om alle wettelijk vereiste en alle andere nodige neerleggings- en publicatieverplichtingen te vervullen in uitvoering van onderhavig fusievoorstel · D&P Menen BV
- Power of attorney: om alle wettelijk vereiste en alle andere nodige neerleggings- en publicatieverplichtingen te vervullen in uitvoering van onderhavig fusievoorstel · D&P Menen BV
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}09-11-2023 Registered office moved within Oudenaarde
- Broekstraat 49, 9700 Oudenaarde → Bulkendreef 25, 9700 Oudenaarde
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}18-02-2020 Incorporation of a new BV
Technical details
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}| Legal nameNL | CTG Projects |
| Legal nameNL | CTRS PROJECTS |