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CTG Projects

Active Risk: not assessed
Private limited companyfounded 20206 yrs activeBulkendreef 25, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0743.690.585
Summary

CTG Projects has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €575,433 and a net result of €147,002. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 483 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-03-2026, 144 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
144 d early
2024
45 d early
2023
84 d early
2022
55 d early
2021
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 75 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CTG Projects was incorporated on 14 February 2020 as a Private limited company.1 In 2026 the company absorbed TGS PROJECTS by merger.2 The company has filed 5 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 17-06-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€575,433▲ 4.7%
2024 · €549,732
Total assets
€970,241▲ 9.2%
2024 · €888,848
Net result
€147,002▲ 2.1%
2024 · €143,954
Working capital
€320,233▼ 4.7%
2024 · €335,932
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€196,181-€173,554▼ 11.5%€198,323▲ 14.3%€189,162▼ 4.6%€191,102▲ 1.0%
Net result€139,462above the sector's middle half-€128,432above the sector's middle half▼ 7.9%€150,316above the sector's middle half▲ 17.0%€143,954above the sector's middle half▼ 4.2%€147,002above the sector's middle half▲ 2.1%
Equity€143,662within the sector's middle half-€271,294within the sector's middle half▲ 88.8%€420,777above the sector's middle half▲ 55.1%€549,732within the sector's middle half▲ 30.6%€575,433within the sector's middle half▲ 4.7%
Total assets€440,534within the sector's middle half-€536,455within the sector's middle half▲ 21.8%€638,385above the sector's middle half▲ 19.0%€888,848within the sector's middle half▲ 39.2%€970,241within the sector's middle half▲ 9.2%
Debt€296,872-€265,161▼ 10.7%€217,608▼ 17.9%€339,117▲ 55.8%€394,807▲ 16.4%
Working capital€48,651-€136,068▲ 180%€244,800▲ 79.9%€335,932▲ 37.2%€320,233▼ 4.7%
Solvency32.6%within the sector's middle half-50.6%within the sector's middle half▲ 18.0pp65.9%within the sector's middle half▲ 15.3pp61.8%within the sector's middle half▼ 4.1pp59.3%within the sector's middle half▼ 2.5pp
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2021: €196,181€196,181Net result 2021: €139,462€139,462Operating result 2022: €173,554€173,554Net result 2022: €128,432€128,432Operating result 2023: €198,323€198,323Net result 2023: €150,316€150,316Operating result 2024: €189,162€189,162Net result 2024: €143,954€143,954Operating result 2025: €191,102€191,102Net result 2025: €147,002€147,00220212022202320242025€0€50,000€100,000€150,000€200,000Operating result 2023: €198,323€198,000Net result 2023: €150,316€150,000Operating result 2024: €189,162€189,000Net result 2024: €143,954€144,000Operating result 2025: €191,102€191,000Net result 2025: €147,002€147,000202320242025
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €970,241
Fixed assets €500,000 =
Current assets €470,241 ▲ 20.9%
Equity and liabilities €970,241
Equity €575,433 ▲ 4.7%
Debt €394,807 ▲ 16.4%
Debt's share of the balance-sheet total rises from 38.2% to 40.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
25.5%▼
2024 · 26.2%
ROA
15.2%▼
2024 · 16.2%
Debt ≤ 1 year
€150,007▲
2024 · €52,917
Debt > 1 year
€244,800▼
2024 · €286,200
Income taxes
€49,441▲
2024 · €48,726
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€888,848€970,241▲
Fixed assets21/28€500,000€500,000=
Financial fixed assets28€500,000€500,000=
Current assets29/58€388,848€470,241▲
Amounts receivable after more than one year29€205,000€205,000=
Other amounts receivable291€205,000€205,000=
Amounts receivable within one year40/41€94,127€149,858▲
Trade receivables40€92,975€75,000▼
Other amounts receivable41€1,152€74,858▲
Current investments50/53€23,101€29,271▲
Cash at bank and in hand54/58€54,441€80,164▲
Deferred charges and accrued income490/1€12,179€5,947▼
Equity and liabilities
Total equity and liabilities10/49€888,848€970,241▲
Equity10/15€549,732€575,433▲
Contributions10/11€5,000€5,000=
Reserves13€544,732€570,433▲
Distributable reserves133€544,732€570,433▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€339,117€394,807▲
Amounts payable after more than one year17€286,200€244,800▼
Financial debts170/4€100,000€100,000=
Other amounts payable178/9€186,200€144,800▼
Amounts payable within one year42/48€52,917€150,007▲
Current portion of amounts payable after more than one year42€37,823€41,400▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€460€1,681▲
Suppliers440/4€460€1,681▲
Taxes, remuneration and social security45€14,634€19,120▲
Taxes450/3€14,634€19,120▲
Other amounts payable47/48€0€87,806▲
Income statement Code20242025
Other operating charges640/8€683€854▲
Gross operating margin9900€189,845€191,956▲
Operating profit (loss)9901€189,162€191,102▲
Financial income75/76B€6,151€6,460▲
Recurring financial income75€6,151€6,460▲
Financial charges65/66B€2,633€1,119▼
Recurring financial charges65€2,633€1,119▼
Profit (loss) for the period before taxes9903€192,680€196,443▲
Income taxes67/77€48,726€49,441▲
Profit (loss) for the period9904€143,954€147,002▲
Profit (loss) for the period to be appropriated9905€143,954€147,002▲
Appropriation of the result
Profit (loss) to be appropriated9906€144,232€147,002▲
Profit (loss) brought forward from the previous period14P€277€0▼
Transfer from equity791/2€15,000€121,301▲
Transfer to equity691/2€144,232€147,002▲
To other reserves6921€144,232€147,002▲
Profit to be distributed694/7€15,000€121,301▲
Return on contributions (dividend)694€15,000€121,301▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€745€624€671€683€854▲ 25.0%
Gross operating margin9900€196,926€174,178€198,994€189,845€191,956▲ 1.1%
Operating profit (loss)9901€196,181€173,554€198,323€189,162€191,102▲ 1.0%
Financial income75/76B€11€2,488€4,543€6,151€6,460▲ 5.0%
Recurring financial income75€11€2,488€4,543€6,151€6,460▲ 5.0%
Financial charges65/66B€8,787€3,797€1,914€2,633€1,119▼ 57.5%
Recurring financial charges65€8,787€3,797€1,914€2,633€1,119▼ 57.5%
Profit (loss) for the period before taxes9903€187,405€172,245€200,952€192,680€196,443▲ 2.0%
Income taxes67/77€47,943€43,813€50,636€48,726€49,441▲ 1.5%
Profit (loss) for the period9904€139,462€128,432€150,316€143,954€147,002▲ 2.1%
Profit (loss) for the period to be appropriated9905€139,462€128,432€150,316€143,954€147,002▲ 2.1%
Line20212022202320242025Change
Assets
Total assets20/58€440,534€536,455€638,385€888,848€970,241▲ 9.2%
Fixed assets21/28€300,000€300,000€300,000€500,000€500,000=
Financial fixed assets28€300,000€300,000€300,000€500,000€500,000=
Current assets29/58€140,534€236,455€338,385€388,848€470,241▲ 20.9%
Amounts receivable after more than one year29€30,000€80,000€200,000€205,000€205,000=
Other amounts receivable291€30,000€80,000€200,000€205,000€205,000=
Amounts receivable within one year40/41€10,330€60,955€93,769€94,127€149,858▲ 59.2%
Trade receivables40€9,985€60,000€90,000€92,975€75,000▼ 19.3%
Other amounts receivable41€345€955€3,769€1,152€74,858▲ 6,398%
Current investments50/53€4,851€10,004€17,043€23,101€29,271▲ 26.7%
Cash at bank and in hand54/58€95,059€82,938€23,128€54,441€80,164▲ 47.2%
Deferred charges and accrued income490/1€294€2,558€4,445€12,179€5,947▼ 51.2%
Equity and liabilities
Total equity and liabilities10/49€440,534€536,455€638,385€888,848€970,241▲ 9.2%
Equity10/15€143,662€271,294€420,777€549,732€575,433▲ 4.7%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Reserves13€138,000€266,000€415,500€544,732€570,433▲ 4.7%
Distributable reserves133€138,000€266,000€415,500€544,732€570,433▲ 4.7%
Profit (loss) carried forward14€662€294€277€0€0-
Amounts payable17/49€296,872€265,161€217,608€339,117€394,807▲ 16.4%
Amounts payable after more than one year17€204,989€164,774€124,023€286,200€244,800▼ 14.5%
Financial debts170/4€204,989€164,774€124,023€100,000€100,000=
Other amounts payable178/9---€186,200€144,800▼ 22.2%
Amounts payable within one year42/48€91,883€100,387€93,585€52,917€150,007▲ 183%
Current portion of amounts payable after more than one year42€39,685€40,215€40,752€37,823€41,400▲ 9.5%
Financial debts43€35,000€40,000€40,000€0--
Credit institutions430/8€35,000€40,000€40,000€0--
Trade debts44€1,421€393€394€460€1,681▲ 265%
Suppliers440/4€1,421€393€394€460€1,681▲ 265%
Taxes, remuneration and social security45€14,977€18,419€11,606€14,634€19,120▲ 30.7%
Taxes450/3€12,945€17,002€11,606€14,634€19,120▲ 30.7%
Remuneration and social security454/9€2,033€1,417€0---
Other amounts payable47/48€800€1,360€833€0€87,806-
Line20212022202320242025Change
Profit (loss) for the period9904€139,462€128,432€150,316€143,954€147,002▲ 2.1%
Operating cash flow (approximation)€139,462€128,432€150,316€143,954€147,002▲ 2.1%
Investment in fixed assets (approximation)-€0€0-€200,000€0▲ 100%
Change in cash--€12,121-€59,810€31,314€25,723▼ 17.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-06
State Gazette act Capital & shares · Resignations & appointments · Restructuring
Merger · Accounting effect · Share issue10 facts ▸
  • General meeting, 22-05-2026
  • Merger, absorption, 31-12-2025
  • Accounting effect, 01-01-2026
  • Share issue, 100, zonder nominale waarde
  • Dissolution, 22-05-2026
  • Name change, CTG Projects
  • Capital
  • Mandate compensation, GHYS Thomas
  • Power of attorney, GHYS Thomas
  • Exchange ratio, 100 voor 100, zonder bijkomende opleg
27-03
State Gazette act Restructuring
Merger · 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
09-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity doublescurrent ratio 7.35
Current ratio from 3.62 to 7.35; short-term debt falls from €93,585 to €52,917.
31-12
Financial Equity above €500,000Eq €549,732 ▲30.6%
4 profitable years in a row build equity to €549,732.
08-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2021net €150,316 ▲17%
Operating result €198,323, net result €150,316, both a record.
06-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €128,432 ▼7.9%
Net result drops to €128,432, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200,000Eq €271,294 ▲88.8%
2 profitable years in a row build equity to €271,294.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
559 m²
Building footprint
75 m²
Volume, LiDAR
628 m³
Parcel 45035A0200/00B005, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CTRS PROJECTS
Bulkendreef 25, 9700 OudenaardeComputing infrastructure, data processing, hosting and other information service activities
since 20202.299.404.103
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45035A0200/00B005 Flanders 559 m² 1 · 75 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of CTG Projects and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Took over:TGS PROJECTS
BE 0743.694.149merger by absorption · State Gazette act of 17-06-2026 (3 acts) · effective 13-03-2026

Capital and shareholders

Capital over the years
  1. 17-06-2026 Capital stated in the act · 200 shares

Recognitions · licences · registrations

Legal Entity Identifier

648800OEA5K6QG7AXX35
live in the LEI register

Similar companies · same sector, comparable size

Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 925 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-02-2020
Fiscal year end31-12
Legal name NL CTRS PROJECTS
Activities, NACEBEL 2025
63920Other information service activities
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0743690585
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.