CONTRECOURANT
ActiveSummary
CONTRECOURANT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117,946 and a net result of -€4,745. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+14
Solvency100=
Growth28▼-19
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 22.06 against 6.16 in 2023; short-term debt: 2.4% and cash: 0.9% of total assets), and 2.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
97.6%
Return on assets
-3.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€4,745
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
28 d late
2022
57 d late
2021
91 d late
2020
153 d late
2019
207 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 94 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€52,425▼ 24.0%
2023 · €68,985
EBIT margin
-6.8%▲ 1.5pp
2023 · -8.4%
Net result
-€4,745▲ 67.4%
2023 · -€14,571
Working capital
€61,603▲ 14.9%
2023 · €53,616
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€60,297▼ 9.8%€78,145€68,985▼ 11.7%€52,425▼ 24.0%
Operating result€14,159▲ 16.3%€16,838▲ 18.9%€836▼ 95.0%-€5,765-€3,583▲ 37.8%
Net result€5,249within the sector's middle half▼ 43.3%€14,388within the sector's middle half▲ 174%-€2,045below the sector's middle half-€14,571below the sector's middle half▼ 612%-€4,745below the sector's middle half▲ 67.4%
EBIT margin23.5%▲ 5.3pp1.1%-8.4%▼ 9.4pp-6.8%▲ 1.5pp
Equity€124,919within the sector's middle half▲ 4.4%€139,308within the sector's middle half▲ 11.5%€137,262within the sector's middle half▼ 1.5%€122,691within the sector's middle half▼ 10.6%€117,946within the sector's middle half▼ 3.9%
Total assets€168,542within the sector's middle half▲ 23.0%€176,753within the sector's middle half▲ 4.9%€163,077within the sector's middle half▼ 7.7%€133,087within the sector's middle half▼ 18.4%€120,872within the sector's middle half▼ 9.2%
Debt€43,622▲ 151%€37,445▼ 14.2%€25,814▼ 31.1%€10,396▼ 59.7%€2,926▼ 71.9%
Working capital€30,242within the sector's middle half▼ 46.6%€47,865within the sector's middle half▲ 58.3%€56,767within the sector's middle half▲ 18.6%€53,616within the sector's middle half▼ 5.6%€61,603within the sector's middle half▲ 14.9%
Solvency74.1%above the sector's middle half▼ 13.2pp78.8%above the sector's middle half▲ 4.7pp84.2%above the sector's middle half▲ 5.4pp92.2%above the sector's middle half▲ 8.0pp97.6%above the sector's middle half▲ 5.4pp
Current ratio1.69within the sector's middle half▼ 2.572.28within the sector's middle half▲ 0.593.20within the sector's middle half▲ 0.926.16above the sector's middle half▲ 2.9622.06above the sector's middle half▲ 15.90
Return on assets (ROA)3.1%within the sector's middle half▼ 3.6pp8.1%within the sector's middle half▲ 5.0pp-1.3%below the sector's middle half▼ 9.4pp-10.9%below the sector's middle half▼ 9.7pp-3.9%below the sector's middle half▲ 7.0pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 €3,583 in 2024 against €5,765 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,872
Fixed assets
€56,343 ▼ 18.4%
Current assets
€64,529 ▲ 0.8%
Equity and liabilities €120,872
Equity
€117,946 ▼ 3.9%
Debt
€2,926 ▼ 71.9%
Debt's share of the balance-sheet total falls from 7.8% to 2.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,149▲
2023 · €7,328
Cash flow
€7,987▲
2023 · -€1,479
Debt to equity
0.02▼
2023 · 0.08
ROE
-4.0%▲
2023 · -11.9%
Interest coverage
8.94▲
2023 · 7.47
Debt ≤ 1 year
€2,926▼
2023 · €10,396
Income taxes
€138▼
2023 · €7,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,321 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €60,297 | - | €78,145 | €68,985 | €52,425 | ▼ 24.0% |
| Non-recurring operating income76A | - | €76,839 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €49,109 | €57,403 | €59,232 | €38,622 | ▼ 34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,899 | €10,256 | €13,038 | €13,092 | €12,732 | ▼ 2.8% |
| Other operating charges640/8 | - | €636 | €6,869 | €2,425 | €4,654 | ▲ 91.9% |
| Gross operating margin9900 | €27,441 | €27,730 | €20,742 | €9,753 | €13,803 | ▲ 41.5% |
| Operating profit (loss)9901 | €14,159 | €16,838 | €836 | -€5,765 | -€3,583 | ▲ 37.8% |
| Financial charges65/66B | - | €605 | €695 | €981 | €1,024 | ▲ 4.4% |
| Recurring financial charges65 | €513 | €605 | €695 | €981 | €1,024 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €13,647 | €16,233 | €141 | -€6,745 | -€4,607 | ▲ 31.7% |
| Income taxes67/77 | €8,397 | €1,845 | €2,187 | €7,826 | €138 | ▼ 98.2% |
| Profit (loss) for the period9904 | €5,249 | €14,388 | -€2,045 | -€14,571 | -€4,745 | ▲ 67.4% |
| Profit (loss) for the period to be appropriated9905 | €5,249 | €14,388 | -€2,045 | -€14,571 | -€4,745 | ▲ 67.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168,542 | €176,753 | €163,077 | €133,087 | €120,872 | ▼ 9.2% |
| Fixed assets21/28 | €94,678 | €91,443 | €80,496 | €69,075 | €56,343 | ▼ 18.4% |
| Tangible fixed assets22/27 | €94,603 | €91,369 | €80,421 | €69,001 | €56,268 | ▼ 18.5% |
| Land and buildings22 | - | €71,736 | €64,870 | €58,080 | €51,290 | ▼ 11.7% |
| Plant, machinery and equipment23 | - | €2,294 | €1,835 | €1,376 | €917 | ▼ 33.3% |
| Furniture and vehicles24 | - | €17,340 | €13,717 | €9,545 | €4,061 | ▼ 57.5% |
| Financial fixed assets28 | €74 | €74 | €74 | €74 | €74 | = |
| Current assets29/58 | €73,864 | €85,309 | €82,581 | €64,012 | €64,529 | ▲ 0.8% |
| Amounts receivable within one year40/41 | €72,529 | €82,054 | €81,369 | €61,571 | €62,225 | ▲ 1.1% |
| Trade receivables40 | - | €60,372 | €51,398 | €39,375 | €37,497 | ▼ 4.8% |
| Other amounts receivable41 | - | €21,682 | €29,971 | €22,195 | €24,728 | ▲ 11.4% |
| Cash at bank and in hand54/58 | €135 | €2,056 | €12 | €1,242 | €1,104 | ▼ 11.1% |
| Deferred charges and accrued income490/1 | - | €1,200 | €1,200 | €1,200 | €1,200 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168,542 | €176,753 | €163,077 | €133,087 | €120,872 | ▼ 9.2% |
| Equity10/15 | €124,919 | €139,308 | €137,262 | €122,691 | €117,946 | ▼ 3.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | - | - | - | - |
| Issued capital100 | - | €62,000 | - | - | - | - |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | - | - | - |
| Legal reserve130 | - | €6,200 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €6,200 | - | - | - |
| Distributable reserves133 | - | - | - | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €56,719 | €71,108 | €69,062 | €54,491 | €49,746 | ▼ 8.7% |
| Amounts payable17/49 | €43,622 | €37,445 | €25,814 | €10,396 | €2,926 | ▼ 71.9% |
| Amounts payable within one year42/48 | €43,622 | €37,445 | €25,814 | €10,396 | €2,926 | ▼ 71.9% |
| Current portion of amounts payable after more than one year42 | - | €7,364 | €4,273 | €1,182 | - | - |
| Financial debts43 | - | - | €2,293 | €298 | €104 | ▼ 65.2% |
| Other loans439 | - | - | €2,293 | €298 | €104 | ▼ 65.2% |
| Trade debts44 | €24,289 | €22,224 | €5,578 | €2,193 | €609 | ▼ 72.2% |
| Suppliers440/4 | - | €22,224 | €5,578 | €2,193 | €609 | ▼ 72.2% |
| Advances received on contracts in progress46 | - | - | €8,083 | - | - | - |
| Taxes, remuneration and social security45 | - | €7,857 | €5,587 | €4,470 | €2,213 | ▼ 50.5% |
| Taxes450/3 | - | €6,457 | €5,587 | €4,470 | €2,213 | ▼ 50.5% |
| Remuneration and social security454/9 | - | €1,400 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €2,253 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,249 | €14,388 | -€2,045 | -€14,571 | -€4,745 | ▲ 67.4% |
| + Depreciation and write-downs630 | €9,899 | €10,256 | €13,038 | €13,092 | €12,732 | ▼ 2.8% |
| Operating cash flow (approximation) | €15,148 | €24,645 | €10,992 | -€1,479 | €7,987 | ▲ 640% |
| Investment in fixed assets (approximation) | - | -€7,022 | -€2,090 | -€1,672 | €0 | ▲ 100% |
| Change in cash | - | €1,920 | -€2,044 | €1,230 | -€138 | ▼ 111% |
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
2024
31-12
Financial
Liquidity quadruplescurrent ratio 22.06
Current ratio from 6.16 to 22.06; short-term debt falls from €10,396 to €2,926.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€14,571
Net result drops to -€14,571, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
31-12
Financial
Highest result since 2019net €14,388 ▲174%
Operating result €16,838, net result €14,388, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 207 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 92 days late
2015
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 151 days late
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.
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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, La Hulpe · 1 establishment unit since 1994
Ground area
1,403 m²
Building footprint
152 m²
Parcel 25050F0015/00P012, Wallonia. Linked by address, not a title deed.
1 establishment unit
CONTRECOURANT SA
since 19942.067.411.874
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050F0015/00P012 | Wallonia | 1,403 m² | 1 · 152 m² | - |
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.
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Of 18,254 companies in sector 71111 we hold annual accounts for 6,321. 5,433 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
Founded24-05-1994
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452752052
Also
9925:BE0452752052
Registered
16-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.