CENTRA -TECH
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 16-05-2026 PDF all 35 filings
Turnover
≈ €260,000
Estimated: probably between €120,000 and €650,000
Total assets
€1.2m▼ 1.6%
2024 · €1.2m
Net result
€9,661
2024 · -€6,283
Working capital
€1.1m▲ 0.9%
2024 · €1.1m
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€14,867
2025
20182025
Net result
€9,661
2025
middle half of the sector
20182025
Equity
€1.1m
▲ 0.9%
2025
highest quarter of the sector
20182025
Total assets
€1.2m
▼ 1.6%
2025
highest quarter of the sector
20182025
Debt
€59,510
▼ 32.3%
2025
20182025
Working capital
€1.1m
▲ 0.9%
2025
highest quarter of the sector
20182025
Solvency
94.9%
▲ 2.3pp
2025
highest quarter of the sector
20182025
Current ratio
19.89
▲ 6.31
2025
highest quarter of the sector
20182025
Return on assets (ROA)
0.8%
▲ 1.4pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.04m▼ 17.6%€0.06m▲ 67.4%€0.06m▲ 4.8%€0.07m▲ 16.4%€0.02m▼ 75.0%-€0.004m€0.01m
Net result€0.03m-€0.02m▼ 31.3%€0.04mwithin the sector's middle half▲ 106%€0.05mwithin the sector's middle half▲ 11.4%€0.05mwithin the sector's middle half▲ 6.9%€0.01mwithin the sector's middle half▼ 79.6%-€0.006mbelow the sector's middle half€0.01mwithin the sector's middle half
Equity€0.9m-€0.9m▲ 2.3%€1.0mabove the sector's middle half▲ 4.7%€1.0mwithin the sector's middle half▲ 5.0%€1.1mwithin the sector's middle half▲ 5.1%€1.1mwithin the sector's middle half▲ 1.0%€1.1mabove the sector's middle half▼ 0.6%€1.1mabove the sector's middle half▲ 0.9%
Total assets€1.1m-€1.1m▼ 3.9%€1.2mwithin the sector's middle half▲ 13.4%€1.2mwithin the sector's middle half▼ 3.7%€1.1mwithin the sector's middle half▼ 0.5%€1.2mwithin the sector's middle half▲ 2.8%€1.2mabove the sector's middle half▼ 0.3%€1.2mabove the sector's middle half▼ 1.6%
Debt€0.2m-€0.1m▼ 35.1%€0.2m▲ 82.4%€0.1m▼ 43.2%€0.06m▼ 47.8%€0.09m▲ 34.2%€0.09m▲ 2.9%€0.06m▼ 32.3%
Working capital€0.9m-€0.9m▲ 2.3%€1.0mabove the sector's middle half▲ 4.6%€1.0mabove the sector's middle half▲ 5.0%€1.1mabove the sector's middle half▲ 5.3%€1.1mabove the sector's middle half▲ 1.0%€1.1mabove the sector's middle half▼ 0.7%€1.1mabove the sector's middle half▲ 0.9%
Solvency83.5%-88.8%▲ 5.4pp82.0%above the sector's middle half▼ 6.8pp89.4%above the sector's middle half▲ 7.4pp94.4%above the sector's middle half▲ 5.0pp92.8%above the sector's middle half▼ 1.7pp92.5%above the sector's middle half▼ 0.2pp94.9%above the sector's middle half▲ 2.3pp
Current ratio6.10-9.09▲ 2.995.58above the sector's middle half▼ 3.519.51above the sector's middle half▲ 3.9318.79above the sector's middle half▲ 9.2914.19above the sector's middle half▼ 4.6013.57above the sector's middle half▼ 0.6219.89above the sector's middle half▲ 6.31
Return on assets (ROA)2.8%-2.0%▼ 0.8pp3.7%within the sector's middle half▲ 1.7pp4.3%within the sector's middle half▲ 0.6pp4.6%within the sector's middle half▲ 0.3pp0.9%within the sector's middle half▼ 3.7pp-0.5%within the sector's middle half▼ 1.4pp0.8%within the sector's middle half▲ 1.4pp
Staff (FTE)0.2-0▼ 100%0.3below the sector's middle half1below the sector's middle half▲ 233%0.8below the sector's middle half▼ 20.0%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €14,867, after a loss of €4,343 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.2m
Equity
€1.1m ▲ 0.9%
Debt
€59,510 ▼ 32.3%
Debt's share of the balance-sheet total falls from 7.5% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
Quick ratio
13.45▲
2024 · 9.31
Debt to equity
0.05▼
2024 · 0.08
ROE
0.9%▲
2024 · -0.6%
Debt ≤ 1 year
€58,134▼
2024 · €86,538
Income taxes
€5,473▲
2024 · €1,032
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 1 | 0.8 |
| On a permanent contract | 1 | - |
| Joined | - | 0 |
| Left | - | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,500 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €92,159 | €45,485 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,892 | - | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€16,317 | €45,973 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €5,848 | €8,051 | €4,890 | €5,378 | €5,893 | ▲ 9.6% |
| Gross operating margin9900 | €83,273 | €94,249 | €91,809 | €144,549 | €172,689 | €23,174 | €1,035 | €20,760 | ▲ 20× |
| Operating profit (loss)9901 | €43,521 | €35,850 | €60,000 | €62,859 | €73,180 | €18,284 | -€4,343 | €14,867 | - |
| Financial income75/76B | - | - | - | €10,423 | €6,872 | €2,476 | €3,506 | €4,684 | ▲ 33.6% |
| Recurring financial income75 | €8,608 | €7,779 | €7,163 | €10,423 | €6,872 | €2,476 | €3,506 | €4,684 | ▲ 33.6% |
| Financial charges65/66B | - | - | - | €4,285 | €5,434 | €3,675 | €4,414 | €4,417 | ▲ 0.1% |
| Recurring financial charges65 | €2,581 | €3,769 | €4,510 | €4,285 | €5,434 | €3,675 | €4,414 | €4,417 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €49,548 | €39,860 | €62,653 | €68,997 | €74,618 | €17,085 | -€5,251 | €15,134 | - |
| Income taxes67/77 | €18,528 | €18,535 | €18,681 | €19,999 | €22,253 | €6,422 | €1,032 | €5,473 | ▲ 430% |
| Profit (loss) for the period9904 | €31,020 | €21,325 | €43,972 | €48,998 | €52,365 | €10,663 | -€6,283 | €9,661 | - |
| Profit (loss) for the period to be appropriated9905 | €31,020 | €21,325 | €43,972 | €48,998 | €52,365 | €10,663 | -€6,283 | €9,661 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▼ 1.6% |
| Fixed assets21/28 | €496 | €496 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €496 | €496 | - | - | - | - | - | - | - |
| Current assets29/58 | €1.1m | €1.1m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▼ 1.6% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 1.4% |
| Stocks30/36 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 1.4% |
| Amounts receivable within one year40/41 | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | ▼ 18.7% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 33.0% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.06m | €0.06m | €0.1m | €0.1m | ▼ 6.2% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.5m | €0.4m | €0.5m | €0.6m | €0.5m | €0.6m | ▲ 5.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▼ 1.6% |
| Equity10/15 | €0.9m | €0.9m | €1.0m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.9% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.9m | €0.9m | €1.0m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.9% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Distributable reserves133 | - | - | - | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.9% |
| Amounts payable17/49 | €0.2m | €0.1m | €0.2m | €0.1m | €0.06m | €0.09m | €0.09m | €0.06m | ▼ 32.3% |
| Amounts payable after more than one year17 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.1m | €0.06m | €0.08m | €0.09m | €0.06m | ▼ 32.8% |
| Trade debts44 | €0.2m | €0.1m | €0.2m | €0.1m | €0.05m | €0.08m | €0.09m | €0.05m | ▼ 36.2% |
| Suppliers440/4 | - | - | - | €0.1m | €0.05m | €0.08m | €0.09m | €0.05m | ▼ 36.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.01m | €0.005m | €0.001m | €0.004m | ▲ 192% |
| Taxes450/3 | - | - | - | €0.002m | €0.01m | €0.005m | €0.001m | €0.004m | ▲ 192% |
| Remuneration and social security454/9 | - | - | - | €0.01m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.003m | €0.002m | €0.001m | €0.001m | ▲ 4.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,020 | €21,325 | €43,972 | €48,998 | €52,365 | €10,663 | -€6,283 | €9,661 | - |
| + Depreciation and write-downs630 | €9,892 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €40,912 | €21,325 | €43,972 | €48,998 | €52,365 | €10,663 | -€6,283 | €9,661 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€28,942 | €231,951 | -€109,544 | €38,951 | €169,771 | -€92,625 | €26,922 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as CENTRA -TECH has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
96.2%
was still going
3.5%
stopped otherwise
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CENTRA -TECH itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for CENTRA -TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-05-2026 | 2026-00111902 | |
| 31-12-2024 | micro format | 28-05-2025 | 2025-00108602 | |
| 31-12-2023 | abbreviated format | 21-05-2024 | 2024-00091071 | |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00134673 | |
| 31-12-2021 | abbreviated format | 20-05-2022 | 2022-20030454 | |
| 31-12-2020 | abbreviated format | 16-06-2021 | 2021-20500409 | |
| 31-12-2019 | abbreviated format | 15-05-2020 | 2020-12200192 | |
| 31-12-2018 | abbreviated format | 17-05-2019 | 2019-13400006 | |
| 31-12-2017 | abbreviated format | 14-06-2018 | 2018-18300536 | |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-25600487 |