CTECH
ActiveSummary
CTECH has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€270,029) and a net result of €40,168. Equity is shrinking by about 42% per year across the filed financial years. Its solvency ranks better than 11% of 324 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 1.3 FTE
- Equity
- -€270,029
- Profit
- €40,168
Why 55raises riskCapped at 59: negative equityNegative equity -€270,029lowers riskSize: total assets €1.1mSector: Publishing activities (NACE 58)Liquidity: current ratio 0.79, cash €876,034Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro): better than 15% on solvency, 39% on liquidity, 32% on profitability and 66% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €40,168
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 58, Publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89.4% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 906 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17,479 | €423 | €10,670 | €16,631 | €25,269 | ▲ 51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €101 | €2,261 | €2,503 | €2,074 | €17,344 | €39,886 | €47,589 | €57,386 | ▲ 20.6% |
| Other operating charges640/8 | - | - | - | €2 | - | - | €223 | €290 | ▲ 29.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €136 | - |
| Gross operating margin9900 | -€122,615 | -€126,956 | -€127,478 | -€115,530 | -€55,045 | €55,293 | €178,675 | €289,134 | ▲ 61.8% |
| Operating profit (loss)9901 | -€148,651 | -€255,112 | -€254,766 | -€135,086 | -€72,813 | €4,737 | €114,232 | €206,054 | ▲ 80.4% |
| Financial income75/76B | - | - | - | €2,225 | €1 | €561 | €5,751 | €5,800 | ▲ 0.8% |
| Recurring financial income75 | €10 | €609 | €1 | €21 | €1 | €561 | €5,751 | €5,800 | ▲ 0.8% |
| Non-recurring financial income76B | - | - | - | €2,204 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €14,180 | €33,209 | €93,958 | €137,592 | €170,179 | ▲ 23.7% |
| Recurring financial charges65 | €2,370 | €17 | €7,694 | €14,180 | €33,209 | €93,958 | €137,592 | €170,179 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | -€151,011 | -€254,519 | -€262,459 | -€147,041 | -€106,021 | -€88,661 | -€17,609 | €41,674 | - |
| Income taxes67/77 | €3 | €100 | -€3 | - | - | €167 | €1,158 | €1,506 | ▲ 30.1% |
| Profit (loss) for the period9904 | -€151,014 | -€254,620 | -€262,456 | -€147,041 | -€106,021 | -€88,828 | -€18,767 | €40,168 | - |
| Profit (loss) for the period to be appropriated9905 | -€151,014 | -€254,620 | -€262,456 | -€147,041 | -€106,021 | -€88,828 | -€18,767 | €40,168 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.4m | €0.1m | €0.1m | €0.3m | €0.8m | €0.9m | €1.1m | ▲ 28.4% |
| Fixed assets21/28 | €0.002m | €0.007m | €0.003m | €0.001m | €0.03m | €0.06m | €0.1m | €0.1m | ▲ 32.5% |
| Intangible fixed assets21 | - | - | - | - | €0.03m | €0.06m | €0.08m | €0.1m | ▲ 41.2% |
| Tangible fixed assets22/27 | €0.002m | €0.007m | €0.003m | €0.001m | €263 | - | €0.001m | €0.002m | ▲ 146% |
| Furniture and vehicles24 | - | - | - | €0.001m | €263 | - | €0.001m | €0.002m | ▲ 146% |
| Financial fixed assets28 | - | - | - | - | - | - | €0.03m | €0.03m | = |
| Current assets29/58 | €0.6m | €0.4m | €0.1m | €0.1m | €0.3m | €0.7m | €0.7m | €1.0m | ▲ 27.8% |
| Amounts receivable within one year40/41 | €0.005m | €0.005m | €0.009m | €0.01m | €0.01m | €0.05m | €0.2m | €0.08m | ▼ 49.9% |
| Trade receivables40 | - | - | - | €0.009m | €0.01m | €0.05m | €0.1m | €0.08m | ▼ 47.4% |
| Other amounts receivable41 | - | - | - | €0.005m | €0.002m | - | €0.01m | €0.003m | ▼ 77.4% |
| Current investments50/53 | €0.6m | €0.4m | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €0.1m | €0.1m | €0.3m | €0.7m | €0.6m | €0.9m | ▲ 48.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | - | €0.001m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.4m | €0.1m | €0.1m | €0.3m | €0.8m | €0.9m | €1.1m | ▲ 28.4% |
| Equity10/15 | €0.6m | €0.3m | €0.05m | -€0.1m | -€0.2m | -€0.3m | -€0.3m | -€0.3m | ▲ 12.9% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.4m | -€0.7m | -€0.8m | -€0.9m | -€1.0m | -€1.0m | -€1.0m | ▲ 3.9% |
| Amounts payable17/49 | €0.07m | €0.08m | €0.1m | €0.2m | €0.5m | €1.1m | €1.2m | €1.4m | ▲ 17.4% |
| Amounts payable after more than one year17 | €0.05m | €0.05m | €0.05m | €0.05m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.7% |
| Financial debts170/4 | - | - | - | €0.05m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.7% |
| Amounts payable within one year42/48 | €0.02m | €0.03m | €0.05m | €0.2m | €0.3m | €0.9m | €1.0m | €1.2m | ▲ 21.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €0.01m | €0.01m | = |
| Trade debts44 | €0.005m | €0.006m | €0.03m | €0.03m | €0.02m | €0.02m | €0.2m | €0.05m | ▼ 72.2% |
| Suppliers440/4 | - | - | - | €0.03m | €0.02m | €0.02m | €0.2m | €0.05m | ▼ 72.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.006m | €0.02m | €0.001m | €0.06m | ▲ 58× |
| Taxes450/3 | - | - | - | €210 | €0.006m | €0.02m | €2 | €0.05m | ▲ 21,668× |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | €0.002m | €0.001m | €0.006m | ▲ 514% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.3m | €0.8m | €0.8m | €1.1m | ▲ 34.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€151,014 | -€254,620 | -€262,456 | -€147,041 | -€106,021 | -€88,828 | -€18,767 | €40,168 | - |
| + Depreciation and write-downs630 | €101 | €2,261 | €2,503 | €2,074 | €17,344 | €39,886 | €47,589 | €57,386 | ▲ 20.6% |
| Operating cash flow (approximation) | -€150,913 | -€252,358 | -€259,953 | -€144,966 | -€88,678 | -€48,942 | €28,822 | €97,555 | ▲ 238% |
| Investment in fixed assets (approximation) | - | -€7,831 | €1,365 | €329 | -€50,400 | -€68,470 | -€92,587 | -€92,332 | ▲ 0.3% |
| Change in cash | - | - | - | -€4,919 | €138,257 | €398,932 | -€76,644 | €286,847 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00354935 |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00454487 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00445392 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00379405 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20367769 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58600025 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-46900344 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-53600332 |
Similar companies · same sector and region
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Board 2
Day-to-day management 1
Permanent representatives 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| TECHALLY |
|
| TECHLINOR |
|
| COGNAUX Nicolas |
|
| CRESPIN Hadrien |
|
Owners and capital
Capital and shareholders
- 07-06-2023 Capital stated in the deed · €718,550 · 13,868 shares
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
07-06
Gazette deed
Resignations: CRESPIN Hadrien (director) and COGNAUX Nicolas (director)Appointments: TECHLINOR (director) and TECHALLY (director) · Permanent representatives: CRESPIN Hadrien and COGNAUX Nicolas · Capital14 facts ▸
- Capital, €718,550
- Director resignation, CRESPIN Hadrien (director)
- Director resignation, COGNAUX Nicolas (director)
- Director discharge, CRESPIN Hadrien
- Director discharge, COGNAUX Nicolas
- Director resignation, CRESPIN Hadrien (managing director)
- Director appointment, TECHLINOR (director)
- Permanent representative, CRESPIN Hadrien (sole director and permanent representative)
- Director appointment, TECHALLY (director)
- Permanent representative, COGNAUX Nicolas (sole director and permanent representative)
- Director appointment, TECHLINOR (managing director)
- General meeting, 25-04-2023
- +2 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Place Pierre Delannoy 507850 Enghien2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0170/00E004 | Brussels | 208 m² | 1 · 207 m² | 14.9 m · 4 |
| 21364B0196/00V003 | Brussels | 197 m² | 1 · 110 m² | 13.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations se rapportant directement ou indirectement au courtage en assurances auprès de toutes compagnies et tous services à…” (deed in French)
7 activities (deed in French)
- Toutes opérations se rapportant directement ou indirectement au courtage en assurances auprès de toutes compagnies et tous services à prester comme intermédiaire financier. Elle peut se livrer notamment, sans que cet énumération soit limitative, à :
- L’introduction de demandes, la négociation et l’intermédiation lors de la conclusion de prêts hypothécaires, prêts personnels, financements, leasing, et tous prêts et placements en général et lors de la conclusion de contrats d’assurances, à des entreprises ou des particuliers, sous quelque forme que ce soit ;
- La réception, le démarchage, et l’intermédiation dans le placement de sommes pour des tiers, sur des comptes à vue ou d’épargnes, des comptes à termes, en bons de caisse ou en obligations d’institutions reconnues, en produits d’assurance, la réception de souscriptions d’émissions publiques, d’effets en vue du dépôt ouvert ou fermé au nom de la clientèle contre délivrance de quittance ;
- L’intermédiation dans toutes transactions de devises ou d’effets et la dispensation de conseils dans le cadre de la gestion de patrimoine et des investissements en général ;
- Le paiement d’intérêts échus de coupons et de placement en général.
- Elle pourra réaliser ces opérations pour son compte personnel ou pour compte de tiers, notamment, comme commissionnaire, courtier, intermédiaire, agent ou mandataire.
- La société s’interdit cependant de prester en nom propre ou pour compte propre, quelque activité que ce soit, en qualité de banque, de caisse d’épargne, ou de banque d’épargne, et de recueillir en nom propre ou pour compte propre, des fonds d’épargne, et ceci dans le respect des règles légales belges ou européennes d’ordre public.
- Name clauseThe name the company operates under according to its articles.
- CTech
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pour autant que pareil déplacement n’impose pas la modification de la langue des statuts en vertu de la règlementation…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, personne morale membre d’un organe d’administration désigne une personne physique chargée de l’exécution du mandat au nom…” (deed in French)“Justes motifs, administrateur unique” (deed in French)“Conseil d’administration, nombre minimum requis par la loi” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last day of May at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Respect des conditions prévues à l’article 2:80 du Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par le Code des sociétés et associations, dissolution pour quelque cause et à quelque moment que ce soit” (deed in French)