CONTRAT
ActiveSummary
CONTRAT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-23k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-35
Solvency32▼-1
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.08 in 2024; short-term debt: 92.7% and cash: 1% of total assets), and 92.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
7.3%
Return on assets
-4.9%
Age of the figures
15 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
on the day
2023
on the day
2022
on the day
2021
21 d late
2020
18 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€34k▼ 40.1%
2024 · €57k
Total assets
€464k▼ 37.3%
2024 · €741k
Net result
€-23k
2024 · €19k
Working capital
€31k▼ 41.5%
2024 · €52k
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
Line20212022202320242025
Operating result€16k▼ 75.0%€15k▼ 10.9%€2k▼ 86.5%€26k▲ 1,221%€3k▼ 90.0%
Net result€22k▼ 72.7%€16k▼ 26.5%€787▼ 95.2%€19k▲ 2,301%€-23k
Equity€46k▲ 5.4%€52k▲ 14.1%€53k▲ 1.5%€57k▲ 7.3%€34k▼ 40.1%
Total assets€350k▼ 27.4%€465k▲ 32.5%€437k▼ 5.9%€741k▲ 69.5%€464k▼ 37.3%
Debt€305k▼ 30.6%€412k▲ 35.3%€384k▼ 6.8%€684k▲ 78.0%€430k▼ 37.1%
Working capital€24k▲ 36.2%€38k▲ 55.2%€45k▲ 20.2%€52k▲ 15.9%€31k▼ 41.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €464k
Fixed assets
€4k ▼ 24.1%
Current assets
€461k ▼ 37.4%
Equity and liabilities €464k
Equity
€34k ▼ 40.1%
Debt
€430k ▼ 37.1%
Debt's share of the balance-sheet total rises from 92.3% to 92.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €31k
Cash flow
€-22k▼
2024 · €23k
Current ratio
1.07▼
2024 · 1.08
Quick ratio
0.16▼
2024 · 0.26
Debt to equity
12.62▲
2024 · 12.02
ROE
-66.9%▼
2024 · 33.2%
ROA
-4.9%▼
2024 · 2.5%
Interest coverage
0.14▼
2024 · 3.26
Debt ≤ 1 year
€430k▼
2024 · €684k
Income taxes
€-78▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €7k | €5k | €1k | ▼ 75.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | €0 | - | - |
| Other operating charges640/8 | - | €428 | €848 | €6k | €852 | ▼ 85.9% |
| Gross operating margin9900 | €27k | €24k | €13k | €37k | €5k | ▼ 87.6% |
| Operating profit (loss)9901 | €16k | €15k | €2k | €26k | €3k | ▼ 90.0% |
| Financial income75/76B | - | €6k | €3k | €4k | €1k | ▼ 62.2% |
| Recurring financial income75 | €9k | €6k | €3k | €4k | €1k | ▼ 62.2% |
| Financial charges65/66B | - | €2k | €3k | €9k | €27k | ▲ 185% |
| Recurring financial charges65 | €2k | €2k | €3k | €9k | €27k | ▲ 185% |
| Profit (loss) for the period before taxes9903 | €23k | €19k | €1k | €20k | €-23k | ▼ 213% |
| Income taxes67/77 | €997 | €2k | €643 | €1k | €-78 | ▼ 105% |
| Profit (loss) for the period9904 | €22k | €16k | €787 | €19k | €-23k | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | €22k | €16k | €787 | €19k | €-23k | ▼ 221% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €350k | €465k | €437k | €741k | €464k | ▼ 37.3% |
| Fixed assets21/28 | €28k | €16k | €9k | €5k | €4k | ▼ 24.1% |
| Tangible fixed assets22/27 | €28k | €16k | €9k | €5k | €4k | ▼ 24.1% |
| Plant, machinery and equipment23 | - | €5k | €3k | €2k | €1k | ▼ 25.0% |
| Furniture and vehicles24 | - | €3k | €3k | €3k | €2k | ▼ 23.6% |
| Leasing and similar rights25 | - | €8k | €4k | €0 | - | - |
| Current assets29/58 | €323k | €449k | €428k | €736k | €461k | ▼ 37.4% |
| Stocks and contracts in progress3 | - | €14k | €202k | €556k | €393k | ▼ 29.3% |
| Stocks30/36 | - | €14k | €202k | €556k | €393k | ▼ 29.3% |
| Amounts receivable within one year40/41 | €287k | €359k | €200k | €117k | €64k | ▼ 45.5% |
| Trade receivables40 | - | €83k | €164k | €89k | €39k | ▼ 56.5% |
| Other amounts receivable41 | - | €277k | €36k | €27k | €25k | ▼ 9.9% |
| Cash at bank and in hand54/58 | €36k | €75k | €26k | €64k | €5k | ▼ 92.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €350k | €465k | €437k | €741k | €464k | ▼ 37.3% |
| Equity10/15 | €46k | €52k | €53k | €57k | €34k | ▼ 40.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €27k | €34k | €34k | €38k | €16k | ▼ 59.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €32k | €33k | €38k | €16k | ▼ 59.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €305k | €412k | €384k | €684k | €430k | ▼ 37.1% |
| Amounts payable after more than one year17 | €6k | €1k | €0 | - | - | - |
| Financial debts170/4 | - | €1k | €0 | - | - | - |
| Amounts payable within one year42/48 | €299k | €411k | €383k | €684k | €430k | ▼ 37.1% |
| Current portion of amounts payable after more than one year42 | - | €5k | €1k | €0 | - | - |
| Financial debts43 | - | - | €112k | €498k | €222k | ▼ 55.3% |
| Credit institutions430/8 | - | - | €112k | €498k | €222k | ▼ 55.3% |
| Trade debts44 | €153k | €72k | €140k | €71k | €44k | ▼ 38.8% |
| Suppliers440/4 | - | €72k | €140k | €71k | €44k | ▼ 38.8% |
| Advances received on contracts in progress46 | - | €120k | €45k | €45k | €45k | = |
| Taxes, remuneration and social security45 | - | €2k | €643 | €1k | €0 | ▼ 100% |
| Taxes450/3 | - | €2k | €643 | €1k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €213k | €84k | €68k | €119k | ▲ 75.3% |
| Accrued charges and deferred income492/3 | - | - | €2k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €16k | €787 | €19k | €-23k | ▼ 221% |
| + Depreciation and write-downs630 | €9k | €9k | €7k | €5k | €1k | ▼ 75.8% |
| Operating cash flow (approximation) | €32k | €25k | €7k | €23k | €-22k | ▼ 192% |
| Investment in fixed assets (approximation) | - | €3k | €0 | €183 | €0 | ▼ 100% |
| Change in cash | - | €39k | €-49k | €37k | €-59k | ▼ 258% |
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
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
30-06
Financial
Highest result since 2019net €82k ▲1,262%
Operating result €66k, net result €82k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Staden · 1 establishment unit since 2014
Ground area
2,367 m²
Building footprint
311 m²
Volume, LiDAR
1,683 m³
Parcel 36020C0316/00P000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Contrat
since 20142.231.192.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36020C0316/00P000 | Flanders | 2,367 m² | 1 · 311 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TAHIRY
BE 0700.626.050
Antwerpen · Eq €34,102
TDP TECHNICS
BE 0774.748.106
Waregem · Eq €34,094
Lebrun M.
BE 0772.899.463
Putte · Eq €34,111
PTP CONCEPT
BE 0669.586.743
Tubize · Eq €34,120
CIBA Technics
BE 1005.622.061
Lokeren · Eq €34,075
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,134 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-2014
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
43320Joinery installation
43341Painting of buildings
Scores and ratios are computed by Checked and are not a credit decision.