C-True
Open bankruptcyA bankruptcy procedure is open for C-True according to publications in the Belgian State Gazette; curator: STEFAN SNEPVANGERS. The 2023 annual accounts show equity of €14k and a net result of €-11k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€0
Total assets
€33k▼ 40.3%
2022 · €55k
2022: €55k
2022 → 2023
Net result
€-11k
2022 · €20k
2022: €20k
2022 → 2023
Working capital
€12k▼ 43.1%
2022 · €22k
2022: €22k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Turnover€0-
Equity€25k-€14k▼ 42.3%
Operating result€27k-€-7k
Net result€20k-€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €7k after €27k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €33k
Fixed assets
€2k▼ 36.4%
Current assets
€31k▼ 40.6%
Equity and liabilities €33k
Equity
€14k▼ 42.3%
Debt
€18k▼ 38.7%
The debt ratio rises from 54.6% to 56.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2022 · €28k
Cash flow
€-9k▼
2022 · €20k
Solvency
43.9%▼
2022 · 45.4%
Current ratio
1.68▼
2022 · 1.73
Quick ratio
1.68▼
2022 · 1.73
Debt / equity
1.28▲
2022 · 1.20
ROE
-73.4%▼
2022 · 79.9%
ROA
-32.2%▼
2022 · 36.2%
Interest coverage
-2.23▼
2022 · 66.36
Debt
€18k▼
2022 · €30k
Debt ≤ 1 year
€18k▼
2022 · €30k
Income taxes
€1k▼
2022 · €7k
Staff costs
€252▼
2022 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€55k€33k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€52k€31k▼
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€46k€26k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€55k€33k▼
Equity10/15€25k€14k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€20k€9k▼
Amounts payable17/49€30k€18k▼
Amounts payable within one year42/48€30k€18k▼
Trade debts44€45€665▲
Suppliers440/4€45€665▲
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€13k€12k▼
Remuneration and social security454/9€0€0=
Other amounts payable47/48€17k€5k▼
Income statement
Code20222023
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€6k€252▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€283€1k▲
Other operating charges640/8€354€2k▲
Non-recurring operating charges66A-€339
Gross operating margin9900€34k€-3k▼
Operating profit (loss)9901€27k€-7k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€419€2k▲
Recurring financial charges65€419€2k▲
Profit (loss) for the period before taxes9903€27k€-9k▼
Income taxes67/77€7k€1k▼
Profit (loss) for the period9904€20k€-11k▼
Profit (loss) for the period to be appropriated9905€20k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€9k▼
Profit (loss) brought forward from the previous period14P-€20k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · C-TRUE BV PACIFICATIE- STRAAT 4/203, 2000 ANTWERPEN 1 · event 12-06-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalNBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pacificatiestraat 42000 AntwerpenGround area
3,981 m²
Building footprint
1,991 m²
Volume, LiDAR
30,799 m³
Parcel 11811L3723/00M000, Flanders · tallest building 21.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
C-True
since 20222.334.052.897
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3723/00M000 | Flanders | 3,981 m² | 1 · 1,991 m² | 21.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFAN SNEPVANGERS GROTE STEENWEG 154,
2600 BERCHEM (ANTWERPEN) |
12-06-2025 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,568 EUR awarded · 1,568 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,568 EUR | 1,568 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 26,964 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
78100Employment placement agencies
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ctrue.be
E-mail:info@ctrue.be