CONTRACTO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 02-07-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €42,874, larger than the loss of €1,451 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €560 |
| Intangible fixed assets | - | €40,782 |
| Depreciation and write-downs of the year | - | €3,953 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €50,000 awarded · €50,000 paid| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,953 | - |
| Gross operating margin9900 | -€1,451 | -€38,921 | ▼ 2,582% |
| Operating profit (loss)9901 | -€1,451 | -€42,874 | ▼ 2,854% |
| Financial income75/76B | - | €15,258 | - |
| Recurring financial income75 | - | €15,258 | - |
| Financial charges65/66B | - | €53 | - |
| Recurring financial charges65 | - | €53 | - |
| Profit (loss) for the period before taxes9903 | -€1,451 | -€27,668 | ▼ 1,806% |
| Profit (loss) for the period9904 | -€1,451 | -€27,668 | ▼ 1,806% |
| Profit (loss) for the period to be appropriated9905 | -€1,451 | -€27,668 | ▼ 1,806% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €55,000 | €67,179 | ▲ 22.1% |
| Fixed assets21/28 | - | €37,390 | - |
| Intangible fixed assets21 | - | €36,957 | - |
| Tangible fixed assets22/27 | - | €433 | - |
| Furniture and vehicles24 | - | €433 | - |
| Current assets29/58 | €55,000 | €29,789 | ▼ 45.8% |
| Amounts receivable within one year40/41 | €50,000 | €1,793 | ▼ 96.4% |
| Trade receivables40 | - | €1,210 | - |
| Other amounts receivable41 | €50,000 | €583 | ▼ 98.8% |
| Cash at bank and in hand54/58 | €5,000 | €27,996 | ▲ 460% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €55,000 | €67,179 | ▲ 22.1% |
| Equity10/15 | €53,549 | €60,631 | ▲ 13.2% |
| Contributions10/11 | €5,000 | €55,000 | ▲ 1,000% |
| Profit (loss) carried forward14 | -€1,451 | -€29,120 | ▼ 1,906% |
| Investment grants15 | €50,000 | €34,751 | ▼ 30.5% |
| Amounts payable17/49 | €1,451 | €6,548 | ▲ 351% |
| Amounts payable within one year42/48 | €1,451 | €6,548 | ▲ 351% |
| Trade debts44 | €1,451 | €1,480 | ▲ 1.9% |
| Suppliers440/4 | €1,451 | €1,480 | ▲ 1.9% |
| Taxes, remuneration and social security45 | - | €4,256 | - |
| Taxes450/3 | - | €978 | - |
| Remuneration and social security454/9 | - | €3,278 | - |
| Other amounts payable47/48 | - | €812 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,451 | -€27,668 | ▼ 1,806% |
| + Depreciation and write-downs630 | - | €3,953 | - |
| Operating cash flow (approximation) | -€1,451 | -€23,716 | ▼ 1,534% |
| Change in cash | - | €22,996 | - |
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, 584 companies had the same profile as CONTRACTO has now. Two years later, 92.5% were still going and 1.4% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CONTRACTO itself is lower: < 0.1% within 12 months. It rests on far more data about CONTRACTO than the profile alone.
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 584 companies, not a prediction for CONTRACTO. 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.