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CONTINENTAL TECHNOLOGIES

Active
Public limited companyfounded 1992active for 34 yearsOudergemlaan 277, 1040 Etterbeek, BelgiumKBO/BCE: BE 0447.842.664

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.

Annual accounts 2024 filed on 30-09-2025 PDF all 32 filings

Turnover
≈ €320,000
Estimated: probably between €210,000 and €490,000
Total assets
€1.3m▼ 11.3%
2023 · €1.5m
Net result
-€21,053
2023 · €194,775
Working capital
€384,878▼ 31.4%
2023 · €561,398
Multi-year overview
2018 to 2024, 7 financial years
Operating result
-€4,155
2024
20182024
Net result
-€21,053
2024
20182024
Equity
€523,552
▼ 3.7% 2024
20182024
Total assets
€1.3m
▼ 11.3% 2024
20182024
Debt
€783,253
▼ 15.7% 2024
20182024
Working capital
€384,878
▼ 31.4% 2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€0.008m--€0.02m▼ 108%-€0.1m▼ 540%€0.06m-€0.1m€0.2m-€0.004m
Net result-€0.02m--€0.07m▼ 204%-€0.2m▼ 132%€0.01m-€0.2m€0.2m-€0.02m
Equity€0.7m-€0.6m▼ 9.2%€0.5m▼ 23.4%€0.5m▲ 2.5%€0.3m▼ 31.0%€0.5m▲ 55.9%€0.5m▼ 3.7%
Total assets€2.5m-€2.5m▲ 0.4%€2.3m▼ 5.5%€1.8m▼ 21.2%€1.3m▼ 26.9%€1.5m▲ 9.3%€1.3m▼ 11.3%
Debt€1.8m-€1.8m▲ 4.2%€1.8m▲ 0.8%€1.3m▼ 27.5%€1.0m▼ 25.4%€0.9m▼ 7.0%€0.8m▼ 15.7%
Working capital-€0.4m--€0.4m▼ 3.0%-€0.4m▼ 17.6%-€0.3m▲ 34.8%-€0.1m▲ 66.8%€0.6m€0.4m▼ 31.4%

The operating result for 2024 is a loss of €4,155, after a profit of €205,969 in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €791,042 ▼ 12.0%
Current assets €515,763 ▼ 10.0%
Equity and liabilities €1.3m
Equity €523,552 ▼ 3.7%
Debt €783,253 ▼ 15.7%
Debt's share of the balance-sheet total falls from 63.1% to 59.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€104,220
Cash flow
€87,322
Current ratio
3.94▼
2023 · 49.02
Debt to equity
1.50▼
2023 · 1.71
ROE
-4.0%▼
2023 · 35.8%
ROA
-1.6%▼
2023 · 13.2%
Interest coverage
6.17
Debt ≤ 1 year
€130,885▲
2023 · €11,692
Debt > 1 year
€652,368▼
2023 · €917,320
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2021202220232024
Tangible fixed assets€5,105---
Depreciation and write-downs of the year€112,642€71,402-€108,375

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.5m€1.3m▼
Fixed assets21/28€0.9m€0.8m▼
Tangible fixed assets22/27€0.9m€0.8m▼
Land and buildings22€0.9m€0.8m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.6m€0.5m▼
Amounts receivable within one year40/41€0.2m€0.2m▼
Trade receivables40€0.02m€0.08m▲
Other amounts receivable41€0.2m€0.1m▼
Cash at bank and in hand54/58€0.3m€0.3m▼
Deferred charges and accrued income490/1€0.001m-
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.3m▼
Equity10/15€0.5m€0.5m▼
Contributions10/11€0.6m€0.6m=
Contributions outside capital11€0.6m€0.6m=
Other1109/19€0.6m€0.6m=
Reserves13€0.02m€0.02m=
Non-distributable reserves130/1€0.02m€0.02m=
Reserves not available under the articles1311€0.02m€0.02m=
Profit (loss) carried forward14-€0.07m-€0.09m▼
Amounts payable17/49€0.9m€0.8m▼
Amounts payable after more than one year17€0.9m€0.7m▼
Financial debts170/4€0.8m€0.5m▼
Other amounts payable178/9€0.08m€0.1m▲
Amounts payable within one year42/48€0.01m€0.1m▲
Current portion of amounts payable after more than one year42€0.01m€0.06m▲
Trade debts44-€0.04m
Suppliers440/4-€0.04m
Other amounts payable47/48-€0.02m
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0.1m
Other operating charges640/8€0.04m€0.02m▼
Non-recurring operating charges66A-€0.001m
Gross operating margin9900€0.2m€0.1m▼
Operating profit (loss)9901€0.2m-€0.004m▼
Financial charges65/66B€0.01m€0.02m▲
Recurring financial charges65€0.01m€0.02m▲
Profit (loss) for the period before taxes9903€0.2m-€0.02m▼
Profit (loss) for the period9904€0.2m-€0.02m▼
Profit (loss) for the period to be appropriated9905€0.2m-€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.07m-€0.09m▼
Profit (loss) brought forward from the previous period14P-€0.3m-€0.07m▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

Line2018201920202021202220232024Change
Non-recurring operating income76A---€76,603----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134,074€143,623€140,329€112,642€71,402-€108,375-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€5,659----
Other operating charges640/8---€16,432€154,778€38,142€20,964▼ 45.0%
Non-recurring operating charges66A------€764-
Gross operating margin9900€137,589€133,744€56,473€179,337€85,706€244,111€125,948▼ 48.4%
Operating profit (loss)9901-€7,942-€16,491-€105,512€55,922-€140,474€205,969-€4,155-
Financial income75/76B---€0----
Recurring financial income75€9,310€0-€0----
Financial charges65/66B---€43,742€16,241€11,194€16,898▲ 51.0%
Recurring financial charges65€22,735€48,519€45,583€43,742€16,241€11,194€16,898▲ 51.0%
Profit (loss) for the period before taxes9903-€21,367-€65,010-€151,095€12,180-€156,715€194,775-€21,053-
Profit (loss) for the period9904-€21,367-€65,010-€151,095€12,180-€156,715€194,775-€21,053-
Profit (loss) for the period to be appropriated9905-€21,367-€65,010-€151,095€12,180-€156,715€194,775-€21,053-
Line2018201920202021202220232024Change
Assets
Total assets20/58€2.5m€2.5m€2.3m€1.8m€1.3m€1.5m€1.3m▼ 11.3%
Fixed assets21/28€2.3m€2.4m€2.3m€1.8m€1.2m€0.9m€0.8m▼ 12.0%
Tangible fixed assets22/27€2.3m€2.4m€2.3m€1.8m€1.2m€0.9m€0.8m▼ 12.1%
Land and buildings22---€1.8m€1.2m€0.9m€0.8m▼ 12.1%
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.1m€0.09m€0.08m€0.08m€0.1m€0.6m€0.5m▼ 10.0%
Amounts receivable within one year40/41€0.09m€0.08m€0.07m€0.06m€0.08m€0.2m€0.2m▼ 9.0%
Trade receivables40----€0.02m€0.02m€0.08m▲ 267%
Other amounts receivable41---€0.06m€0.06m€0.2m€0.1m▼ 35.4%
Cash at bank and in hand54/58€0.04m€0.005m€0.006m€0.02m€0.03m€0.3m€0.3m▼ 10.4%
Deferred charges and accrued income490/1---€0.004m€0.005m€0.001m--
Equity and liabilities
Total equity and liabilities10/49€2.5m€2.5m€2.3m€1.8m€1.3m€1.5m€1.3m▼ 11.3%
Equity10/15€0.7m€0.6m€0.5m€0.5m€0.3m€0.5m€0.5m▼ 3.7%
Contributions10/11€0.6m€0.6m-€0.6m€0.6m€0.6m€0.6m=
Contributions outside capital11---€0.6m€0.6m€0.6m€0.6m=
Other1109/19---€0.6m€0.6m€0.6m€0.6m=
Reserves13€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m=
Reserves not available under the articles1311---€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14€0.09m€0.03m-€0.1m-€0.1m-€0.3m-€0.07m-€0.09m▼ 27.3%
Amounts payable17/49€1.8m€1.8m€1.8m€1.3m€1.0m€0.9m€0.8m▼ 15.7%
Amounts payable after more than one year17€1.3m€1.4m€1.3m€1.0m€0.8m€0.9m€0.7m▼ 28.9%
Financial debts170/4---€0.9m€0.7m€0.8m€0.5m▼ 38.6%
Other amounts payable178/9---€0.07m€0.08m€0.08m€0.1m▲ 75.0%
Amounts payable within one year42/48€0.5m€0.5m€0.5m€0.4m€0.2m€0.01m€0.1m▲ 11×
Current portion of amounts payable after more than one year42---€0.09m-€0.01m€0.06m▲ 451%
Financial debts43---€0.008m----
Credit institutions430/8---€0.008m----
Trade debts44€0.09m€0.09m€0.03m€0.03m--€0.04m-
Suppliers440/4---€0.03m--€0.04m-
Other amounts payable47/48---€0.2m€0.2m-€0.02m-
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€21,367-€65,010-€151,095€12,180-€156,715€194,775-€21,053-
+ Depreciation and write-downs630€134,074€143,623€140,329€112,642€71,402-€108,375-
Operating cash flow (approximation)€112,707€78,613-€10,766€124,822-€85,313€194,775€87,322▼ 55.2%
Investment in fixed assets (approximation)--€199,417-€7,703€383,292€462,195€326,103€1▼ 100.0%
Change in cash--€35,137€508€13,971€15,407€290,230-€33,737-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 8,617 companies had the same profile as CONTINENTAL TECHNOLOGIES has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
94.1% was still going
5.2% stopped otherwise
0.4% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CONTINENTAL TECHNOLOGIES itself: 0.7% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 8,617 companies, not a prediction for CONTINENTAL TECHNOLOGIES. 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 32 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00518591 PDF
31-12-2023 micro format 24-10-2024 2024-00513681 PDF
31-12-2022 micro format 26-07-2024 2024-00290486 PDF
31-12-2021 micro format 31-08-2022 2022-20426811 PDF
31-12-2020 micro format 22-12-2021 2021-81600111 PDF
31-12-2019 micro format 08-01-2021 2021-00700294 PDF
31-12-2018 micro format 08-01-2021 2021-00700286 PDF
31-12-2017 micro format 17-09-2018 2018-63200441 PDF
31-12-2016 micro format 28-09-2017 2017-64600453 PDF
31-12-2015 full format 20-01-2017 2017-02100285 PDF

Show all 32 filings

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