A word from the management

Record business for the 7th year running!

The Centre’s total sales have reached €5,704k, 11 % up on 2022 (€5,140k) and, compared with 2016, almost double the figure 7 years later!

Private sales (business support) rose by 39%, with around 68% of business done with companies outside Belgium, and even outside Europe.

[Collaboration with an Australian client on the processing of high-purity graphite for electric car batteries has intensified – TRL 5 scale pilot at the CTP – and partly explains this progress].

Public revenue (subsidies), meanwhile, fell by 27% in 2023. This can be explained by a transition in the programming of European ERDF 14-20 and ERDF 21-27 projects, but also and above all by considerable use of our research capacity (available researchers) for private industrial projects.

It should also be noted that these subsidies mainly come from projects in partnership with industry through the REMIND WALLONIA innovation platform and the GREENWIN competitiveness cluster.

The Centre’s dependence on subsidies from Wallonia and indirectly from the ERDF or INTERREG is very low, which strengthens the Centre’s roots in the Walloon and international economic fabric and, consequently, its long-term viability!

3 new “collaborative” projects were also won:

  • The BioFACon3 project: recovery of biomass fly ash, through the WIN2WALL call for projects;
  • The RED4SOLS project: remediation of heavily polluted soils using electrodialytic techniques, under the WIN4COLLECTIVE call for projects;
  • And finally, the UP_PLASTICS project: eco-design of plastics by exploiting eco-products and industrial waste from buildings under ERDF call 21-27.

These projects remain important because they enable the Centre to acquire new skills that we can then put to good use with a large number of industrialists, stakeholders in the CTP.

The 2023 balance sheet is remarkable!

Cash flow has increased by 28% (from €478k to €374k in 2022), enabling the CTP to invest in the resources (human and infrastructure) necessary for its development.

The challenges for 2024 are undoubtedly to sustain the Centre’s growth and to recruit new talent, which we need more than ever to strengthen our teams.

Read our 2023 Annual Report

Stéphane Neirynck, General Manager