CT5
ActiveSummary
CT5 has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300,671 and a net result of -€67,669. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-47
Solvency68▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.47 in 2024; short-term debt: 57.1% and cash: 19.1% of total assets), and 57.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€67,669
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
59 d early
2023
132 d early
2022
123 d early
2021
136 d early
2020
127 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 98 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€67,669▼ 150%
2024 · -€27,115
Working capital
€84,252▼ 57.2%
2024 · €196,794
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€241,237▲ 142%€185,259▼ 23.2%€181,079▼ 2.3%-€8,224-€53,746▼ 554%
Net result€165,641▲ 82.9%€120,944▼ 27.0%€122,112▲ 1.0%-€27,115-€67,669▼ 150%
Equity€192,398▲ 619%€313,343▲ 62.9%€415,455▲ 32.6%€388,340▼ 6.5%€300,671▼ 22.6%
Total assets€1.1m▲ 21.1%€932,868▼ 13.4%€914,700▼ 1.9%€855,667▼ 6.5%€701,552▼ 18.0%
Debt€885,137▲ 2.5%€619,526▼ 30.0%€499,246▼ 19.4%€467,327▼ 6.4%€400,881▼ 14.2%
Working capital€185,264▲ 80.3%€241,453▲ 30.3%€258,293▲ 7.0%€196,794▼ 23.8%€84,252▼ 57.2%
Staff (FTE)8.5▲ 9.0%9.4▲ 10.6%8.8▼ 6.4%8.6▼ 2.3%8.1▼ 5.8%
Why a figure moved sharply
- 2022 Equity +63% on 2021. Cause not known from the registers.
- 2021 Equity +619% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €53,746 in 2025 against €8,224 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €701,552
Fixed assets
€216,419 ▼ 11.2%
Current assets
€485,133 ▼ 20.7%
Equity and liabilities €701,552
Equity
€300,671 ▼ 22.6%
Debt
€400,881 ▼ 14.2%
Debt's share of the balance-sheet total rises from 54.6% to 57.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,913▼
2024 · €78,096
Cash flow
-€18,836▼
2024 · €59,205
Current ratio
1.21▼
2024 · 1.47
Quick ratio
0.53▼
2024 · 0.77
Debt to equity
1.33▲
2024 · 1.20
ROE
-22.5%▼
2024 · -7.0%
ROA
-9.6%▼
2024 · -3.2%
Interest coverage
-0.35▼
2024 · 4.72
Debt ≤ 1 year
€400,881▼
2024 · €415,192
Debt > 1 year
€0▼
2024 · €3,579
Income taxes
€191▼
2024 · €2,342
Staff costs
€274,416▲
2024 · €263,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 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 12,304 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €267,332 | €297,220 | €263,363 | €274,416 | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,133 | €72,670 | €77,731 | €86,320 | €48,833 | ▼ 43.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,415 | - |
| Other operating charges640/8 | - | €4,898 | €7,881 | €3,876 | €6,045 | ▲ 56.0% |
| Gross operating margin9900 | €604,882 | €530,158 | €563,911 | €345,335 | €279,963 | ▼ 18.9% |
| Operating profit (loss)9901 | €241,237 | €185,259 | €181,079 | -€8,224 | -€53,746 | ▼ 554% |
| Financial income75/76B | - | €506 | €536 | €0 | €319 | - |
| Recurring financial income75 | €637 | €506 | €536 | €0 | €319 | - |
| Financial charges65/66B | - | €14,575 | €16,420 | €16,549 | €14,051 | ▼ 15.1% |
| Recurring financial charges65 | €16,082 | €14,575 | €16,420 | €16,549 | €14,051 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €225,792 | €171,189 | €165,195 | -€24,773 | -€67,477 | ▼ 172% |
| Income taxes67/77 | €60,151 | €50,245 | €43,083 | €2,342 | €191 | ▼ 91.8% |
| Profit (loss) for the period9904 | €165,641 | €120,944 | €122,112 | -€27,115 | -€67,669 | ▼ 150% |
| Profit (loss) for the period to be appropriated9905 | €165,641 | €120,944 | €122,112 | -€27,115 | -€67,669 | ▼ 150% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €932,868 | €914,700 | €855,667 | €701,552 | ▼ 18.0% |
| Fixed assets21/28 | €405,945 | €356,439 | €329,840 | €243,680 | €216,419 | ▼ 11.2% |
| Intangible fixed assets21 | €1 | €1 | €1 | €0 | €0 | - |
| Tangible fixed assets22/27 | €404,114 | €354,608 | €327,869 | €241,550 | €216,419 | ▼ 10.4% |
| Land and buildings22 | - | €348,079 | €290,088 | €0 | - | - |
| Plant, machinery and equipment23 | - | €5,634 | €2,552 | €960 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €895 | €35,229 | €22,021 | €12,081 | ▼ 45.1% |
| Other tangible fixed assets26 | - | - | - | €218,569 | €204,339 | ▼ 6.5% |
| Financial fixed assets28 | €1,830 | €1,830 | €1,970 | €2,130 | €0 | ▼ 100% |
| Current assets29/58 | €671,590 | €576,429 | €584,860 | €611,986 | €485,133 | ▼ 20.7% |
| Stocks and contracts in progress3 | €259,247 | €259,534 | €273,358 | €290,648 | €272,834 | ▼ 6.1% |
| Stocks30/36 | - | €259,534 | €273,358 | €290,648 | €272,834 | ▼ 6.1% |
| Amounts receivable within one year40/41 | €30,943 | €42,509 | €29,600 | €111,756 | €59,770 | ▼ 46.5% |
| Trade receivables40 | - | €3,095 | - | €30,453 | €47,898 | ▲ 57.3% |
| Other amounts receivable41 | - | €39,414 | €29,600 | €81,303 | €11,872 | ▼ 85.4% |
| Cash at bank and in hand54/58 | €363,785 | €256,230 | €263,446 | €205,357 | €133,758 | ▼ 34.9% |
| Deferred charges and accrued income490/1 | - | €18,156 | €18,456 | €4,226 | €18,772 | ▲ 344% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €932,868 | €914,700 | €855,667 | €701,552 | ▼ 18.0% |
| Equity10/15 | €192,398 | €313,343 | €415,455 | €388,340 | €300,671 | ▼ 22.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | €369,000 | €282,000 | ▼ 23.6% |
| Distributable reserves133 | - | - | - | €369,000 | €282,000 | ▼ 23.6% |
| Profit (loss) carried forward14 | €173,798 | €294,743 | €396,855 | €740 | €71 | ▼ 90.4% |
| Amounts payable17/49 | €885,137 | €619,526 | €499,246 | €467,327 | €400,881 | ▼ 14.2% |
| Amounts payable after more than one year17 | €47,117 | €31,747 | €17,766 | €3,579 | €0 | ▼ 100% |
| Financial debts170/4 | - | €31,747 | €17,766 | €3,579 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €486,326 | €334,976 | €326,567 | €415,192 | €400,881 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | €15,370 | €13,981 | €14,187 | €3,579 | ▼ 74.8% |
| Financial debts43 | - | - | - | €12,854 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €12,854 | €0 | ▼ 100% |
| Trade debts44 | €286,028 | €171,307 | €226,303 | €331,021 | €362,017 | ▲ 9.4% |
| Suppliers440/4 | - | €171,307 | €226,303 | €331,021 | €362,017 | ▲ 9.4% |
| Advances received on contracts in progress46 | - | - | - | €492 | €509 | ▲ 3.5% |
| Taxes, remuneration and social security45 | - | €95,528 | €60,060 | €38,900 | €34,776 | ▼ 10.6% |
| Taxes450/3 | - | €64,513 | €8,015 | €6,517 | €5,679 | ▼ 12.9% |
| Remuneration and social security454/9 | - | €31,015 | €52,045 | €32,384 | €29,097 | ▼ 10.2% |
| Other amounts payable47/48 | - | €52,771 | €26,223 | €17,739 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €252,803 | €154,913 | €48,555 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €165,641 | €120,944 | €122,112 | -€27,115 | -€67,669 | ▼ 150% |
| + Depreciation and write-downs630 | €70,133 | €72,670 | €77,731 | €86,320 | €48,833 | ▼ 43.4% |
| Operating cash flow (approximation) | €235,774 | €193,614 | €199,844 | €59,205 | -€18,836 | ▼ 132% |
| Investment in fixed assets (approximation) | - | -€23,165 | -€51,132 | -€160 | -€21,572 | ▼ 13,382% |
| Change in cash | - | -€107,555 | €7,216 | -€58,089 | -€71,599 | ▼ 23.3% |
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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€67,669
Net result drops to -€67,669, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €200,000Eq €313,343 ▲62.9%
3 profitable years in a row build equity to €313,343.
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €165,641 ▲82.9%
Operating result €241,237, net result €165,641, both a record.
31-12
Financial
Equity above €150,000Eq €192,398 ▲619%
2 profitable years in a row build equity to €192,398.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €90,581
Net result €90,581 after 2 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Verviers · 1 establishment unit since 2005
Ground area
4.8 ha
Building footprint
1.6 ha
Volume, LiDAR
96,695 m³
Parcel 63079A1464/07E002, Wallonia · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CT5
since 20052.148.889.597
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A1464/07E002indicative | Wallonia | 4.8 ha | 1 · 1.6 ha | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVerviers2.148.889.597
Similar companies · same sector, comparable size
LINGIER COMPUTERSERVICE
BE 0442.103.234
Oostende · Eq €300,034
Solemn Tones
BE 0715.774.678
Scherpenheuvel-Zichem · Eq €301,423
FLUXCOM
BE 0889.453.475
Middelkerke · Eq €301,625
WTL CONNECT
BE 0652.637.774
Wavre · Eq €299,705
EXTRASOFT
BE 0441.688.510
Gent · Eq €302,159
Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 1,263 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 (pre-2019)
Founded26-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47400Retail sale of information and communication equipment
62100Computer programming
Contact
E-mail
ct5sprl@gmail.comVerviers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875731935
Also
9925:BE0875731935
Registered
06-03-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.