CONTINUUM
ActiveSummary
The computed 12-month bankruptcy probability of CONTINUUM is 7.8% (elevated). The 2024 annual accounts show negative equity (-€351,960) and a net result of -€69,989. Equity is shrinking by ~3.9% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-4
Solvency0=
Growth32▼-20
Track record92
Bankruptcy probability, 12 months
7.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.05 in 2023; short-term debt: 128.6% and cash: 1.9% of total assets), and equity is negative.
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-39.3%
Return on assets
-7.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€351,960
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
63 d late
2021
60 d late
2020
121 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 76 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Equity
-€351,960▼ 24.8%
2023 · -€281,971
Total assets
€895,403▼ 10.6%
2023 · €1.0m
Net result
-€69,989▼ 47.7%
2023 · -€47,384
Working capital
-€1.1m▼ 7.2%
2023 · -€1.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€165,560€9,304▼ 94.4%€7,215▼ 22.5%-€35,350-€58,848▼ 66.5%
Net result€140,808-€13,358-€11,009▲ 17.6%-€47,384▼ 330%-€69,989▼ 47.7%
Equity-€210,219▲ 40.1%-€223,578▼ 6.4%-€234,587▼ 4.9%-€281,971▼ 20.2%-€351,960▼ 24.8%
Total assets€1.3m▲ 11.5%€1.2m▼ 5.7%€1.1m▼ 6.6%€1.0m▼ 11.0%€895,403▼ 10.6%
Debt€1.5m▼ 0.6%€1.4m▼ 4.0%€1.4m▼ 4.8%€1.3m▼ 5.6%€1.2m▼ 2.8%
Working capital-€837,326▲ 20.5%-€893,587▼ 6.7%-€947,675▼ 6.1%-€1.1m▼ 11.3%-€1.1m▼ 7.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €58,848 in 2024 against €35,350 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €895,403
Fixed assets
€874,310 ▼ 7.1%
Current assets
€21,093 ▼ 64.7%
Key figures and ratios
EBITDA
-€26,534▼
2023 · -€16,304
Cash flow
-€37,675▼
2023 · -€28,338
Solvency
-39.3%▼
2023 · -28.2%
Current ratio
0.02▼
2023 · 0.05
Debt to equity
-3.54▲
2023 · -4.55
ROA
-7.8%▼
2023 · -4.7%
Interest coverage
-2.32▼
2023 · -1.00
Debt ≤ 1 year
€1.2m▲
2023 · €1.1m
Debt > 1 year
€96,023▼
2023 · €169,173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.7%
went bankrupt
3.9%
stopped otherwise
93%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,386 | €18,018 | €19,467 | €19,045 | €32,314 | ▲ 69.7% |
| Other operating charges640/8 | - | €1,147 | €9,038 | €11,903 | €11,865 | ▼ 0.3% |
| Non-recurring operating charges66A | - | - | - | €6,055 | €35,000 | ▲ 478% |
| Gross operating margin9900 | €197,422 | €28,469 | €35,720 | €1,654 | €20,331 | ▲ 1,129% |
| Operating profit (loss)9901 | €165,560 | €9,304 | €7,215 | -€35,350 | -€58,848 | ▼ 66.5% |
| Financial income75/76B | - | €0 | €1 | €4,220 | €311 | ▼ 92.6% |
| Recurring financial income75 | - | €0 | €1 | €4,220 | €311 | ▼ 92.6% |
| Non-recurring financial income76B | - | - | - | €4,220 | - | - |
| Financial charges65/66B | - | €22,663 | €18,225 | €16,254 | €11,453 | ▼ 29.5% |
| Recurring financial charges65 | €24,752 | €22,663 | €18,225 | €16,254 | €11,453 | ▼ 29.5% |
| Profit (loss) for the period before taxes9903 | €140,808 | -€13,358 | -€11,009 | -€47,384 | -€69,989 | ▼ 47.7% |
| Profit (loss) for the period9904 | €140,808 | -€13,358 | -€11,009 | -€47,384 | -€69,989 | ▼ 47.7% |
| Profit (loss) for the period to be appropriated9905 | €140,808 | -€13,358 | -€11,009 | -€47,384 | -€69,989 | ▼ 47.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.1m | €1.0m | €895,403 | ▼ 10.6% |
| Fixed assets21/28 | €989,075 | €971,057 | €951,590 | €941,624 | €874,310 | ▼ 7.1% |
| Tangible fixed assets22/27 | €989,075 | €971,057 | €951,590 | €941,624 | €874,310 | ▼ 7.1% |
| Land and buildings22 | - | €971,057 | €951,590 | €940,602 | €874,288 | ▼ 7.1% |
| Furniture and vehicles24 | - | - | - | €1,022 | €22 | ▼ 97.9% |
| Current assets29/58 | €289,255 | €233,995 | €173,997 | €59,784 | €21,093 | ▼ 64.7% |
| Amounts receivable within one year40/41 | €12,296 | €12,296 | €12,296 | €5,176 | €4,119 | ▼ 20.4% |
| Trade receivables40 | - | €6,526 | €6,526 | €5,014 | €3,864 | ▼ 22.9% |
| Other amounts receivable41 | - | €5,770 | €5,770 | €162 | €255 | ▲ 57.7% |
| Cash at bank and in hand54/58 | €273,151 | €217,891 | €157,893 | €54,591 | €16,974 | ▼ 68.9% |
| Deferred charges and accrued income490/1 | - | €3,807 | €3,807 | €18 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.1m | €1.0m | €895,403 | ▼ 10.6% |
| Equity10/15 | -€210,219 | -€223,578 | -€234,587 | -€281,971 | -€351,960 | ▼ 24.8% |
| Contributions10/11 | - | €575,000 | €575,000 | €575,000 | €575,000 | = |
| Profit (loss) carried forward14 | -€785,219 | -€798,578 | -€809,587 | -€856,971 | -€926,960 | ▼ 8.2% |
| Amounts payable17/49 | €1.5m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 2.8% |
| Amounts payable after more than one year17 | €361,968 | €301,048 | €236,842 | €169,173 | €96,023 | ▼ 43.2% |
| Financial debts170/4 | - | €301,048 | €236,842 | €169,173 | €96,023 | ▼ 43.2% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | €57,452 | €60,729 | €67,669 | €73,140 | ▲ 8.1% |
| Financial debts43 | - | €6,396 | €7,780 | - | €4,025 | - |
| Credit institutions430/8 | - | €6,396 | €7,780 | - | €4,025 | - |
| Trade debts44 | €4,613 | €4,649 | €4,162 | €182 | €82 | ▼ 54.7% |
| Suppliers440/4 | - | €4,649 | €4,162 | €182 | €82 | ▼ 54.7% |
| Taxes, remuneration and social security45 | - | €255 | €255 | - | - | - |
| Taxes450/3 | - | €255 | €255 | - | - | - |
| Other amounts payable47/48 | - | €1.1m | €1.0m | €1.0m | €1.1m | ▲ 2.7% |
| Accrued charges and deferred income492/3 | - | - | €1,660 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140,808 | -€13,358 | -€11,009 | -€47,384 | -€69,989 | ▼ 47.7% |
| + Depreciation and write-downs630 | €21,386 | €18,018 | €19,467 | €19,045 | €32,314 | ▲ 69.7% |
| Operating cash flow (approximation) | €162,194 | €4,659 | €8,458 | -€28,338 | -€37,675 | ▼ 32.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€9,079 | €35,000 | ▲ 485% |
| Change in cash | - | -€55,260 | -€59,998 | -€103,302 | -€37,617 | ▲ 63.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
23-05
KBO administration
UBO non-compliance
event 12-05-2025
2024
31-12
Financial
Weakest financial yearnet -€69,989
Net result drops to -€69,989, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Back to profitnet €140,808
Net result €140,808 after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Watermaal-Bosvoorde · 1 establishment unit since 2006
Ground area
8,512 m²
Building footprint
1,261 m²
Volume, LiDAR
28,473 m³
2 parcels, Brussels · tallest building 30.0 m, ±9 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Italiëlaan 30, 1050 Elsene
since 20062.294.324.469
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0143/00N000 | Brussels | 5,552 m² | 1 · 883 m² | 30.0 m · 9 fl. |
| 21017D0367/00A003 | Brussels | 2,960 m² | 1 · 378 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2006
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0880359132
Registered
26-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.