CTGR
Open bankruptcySummary
A bankruptcy procedure is open for CTGR according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (-€83,243) and a net result of €17,660.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 23 February 2026
- Supervising judge
- AURéLIE Bruyere
- Official Gazette
- 27-02-2026 (pdf) ↗search the document for 2026/108379
Curators
- Violaine DevyverQuai Marcellis 7, 4020 Liege 2v.devyver@avocat.be
- Laura NicoliniRue Haute Rognac 169, 4400 Flemallel.nicolini@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 18932 sector peers (2024).
NBB · sector comparisonPosition among 18932 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
28 d late
2022
92 d late
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 48 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€83,243▲ 17.5%
2023 · -€100,903
Total assets
€68,592▲ 4.8%
2023 · €65,436
Net result
€17,660
2023 · -€89,450
Working capital
-€90,554▲ 33.0%
2023 · -€135,227
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
Line2021202220232024
Operating result€1,670--€30,404-€86,344▼ 184%€19,131
Net result€1,670--€33,123-€89,450▼ 170%€17,660
Equity€21,670--€11,452-€100,903▼ 781%-€83,243▲ 17.5%
Total assets€34,484-€120,490▲ 249%€65,436▼ 45.7%€68,592▲ 4.8%
Debt€12,814-€131,942▲ 930%€166,339▲ 26.1%€151,835▼ 8.7%
Working capital€3,551--€71,367-€135,227▼ 89.5%-€90,554▲ 33.0%
Staff (FTE)15.915.8▼ 0.6%9.5▼ 39.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €19,131 after a loss of €86,344 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68,592
Fixed assets
€34,395 ▼ 28.1%
Current assets
€34,197 ▲ 94.3%
Key figures and ratios
EBITDA
€32,572▲
2023 · -€72,903
Cash flow
€31,101▲
2023 · -€76,009
Solvency
-121.4%▲
2023 · -154.2%
Current ratio
0.27▲
2023 · 0.12
Quick ratio
0.19▲
2023 · 0.04
Debt to equity
-1.82▼
2023 · -1.65
ROA
25.7%▲
2023 · -136.7%
Interest coverage
13.46▲
2023 · -19.89
Debt ≤ 1 year
€124,751▼
2023 · €152,826
Staff costs
€79,638▼
2023 · €84,577
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 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €56,204 | €84,577 | €79,638 | ▼ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,265 | €11,164 | €13,441 | €13,441 | = |
| Other operating charges640/8 | €318 | €6,174 | €6,914 | €6,314 | ▼ 8.7% |
| Gross operating margin9900 | €4,253 | €43,138 | €18,589 | €118,524 | ▲ 538% |
| Operating profit (loss)9901 | €1,670 | -€30,404 | -€86,344 | €19,131 | ▲ 122% |
| Financial income75/76B | €2 | €0 | €559 | €950 | ▲ 70.0% |
| Recurring financial income75 | €2 | €0 | €559 | €950 | ▲ 70.0% |
| Financial charges65/66B | €1 | €2,718 | €3,665 | €2,421 | ▼ 33.9% |
| Recurring financial charges65 | €1 | €2,718 | €3,665 | €2,421 | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | €1,670 | -€33,123 | -€89,450 | €17,660 | ▲ 120% |
| Profit (loss) for the period9904 | €1,670 | -€33,123 | -€89,450 | €17,660 | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €1,670 | -€33,123 | -€89,450 | €17,660 | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €34,484 | €120,490 | €65,436 | €68,592 | ▲ 4.8% |
| Fixed assets21/28 | €18,119 | €59,915 | €47,837 | €34,395 | ▼ 28.1% |
| Intangible fixed assets21 | - | €13,784 | €12,284 | €10,784 | ▼ 12.2% |
| Tangible fixed assets22/27 | €18,119 | €46,131 | €35,553 | €23,612 | ▼ 33.6% |
| Furniture and vehicles24 | €4,739 | €5,399 | €3,900 | €2,401 | ▼ 38.4% |
| Other tangible fixed assets26 | €13,380 | €40,733 | €31,653 | €21,211 | ▼ 33.0% |
| Current assets29/58 | €16,365 | €60,575 | €17,599 | €34,197 | ▲ 94.3% |
| Stocks and contracts in progress3 | - | €25,327 | €10,771 | €10,540 | ▼ 2.1% |
| Stocks30/36 | - | €25,327 | €10,771 | €10,540 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €2,130 | €6,095 | €2,587 | €5,620 | ▲ 117% |
| Trade receivables40 | - | €6,095 | €2,587 | €5,620 | ▲ 117% |
| Other amounts receivable41 | €2,130 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €14,235 | €29,154 | €3,257 | €16,116 | ▲ 395% |
| Deferred charges and accrued income490/1 | - | - | €984 | €1,921 | ▲ 95.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €34,484 | €120,490 | €65,436 | €68,592 | ▲ 4.8% |
| Equity10/15 | €21,670 | -€11,452 | -€100,903 | -€83,243 | ▲ 17.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €1,670 | -€31,452 | -€120,903 | -€103,243 | ▲ 14.6% |
| Amounts payable17/49 | €12,814 | €131,942 | €166,339 | €151,835 | ▼ 8.7% |
| Amounts payable within one year42/48 | €12,814 | €131,942 | €152,826 | €124,751 | ▼ 18.4% |
| Trade debts44 | €12,814 | €32,591 | €46,738 | €23,895 | ▼ 48.9% |
| Suppliers440/4 | €12,814 | €32,591 | €46,304 | €23,895 | ▼ 48.4% |
| Bills of exchange payable441 | - | - | €433 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €27,851 | €21,582 | €23,716 | ▲ 9.9% |
| Taxes450/3 | - | €15,302 | €10,079 | €14,189 | ▲ 40.8% |
| Remuneration and social security454/9 | - | €12,549 | €11,503 | €9,527 | ▼ 17.2% |
| Other amounts payable47/48 | - | €71,500 | €84,506 | €77,140 | ▼ 8.7% |
| Accrued charges and deferred income492/3 | - | - | €13,512 | €27,084 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,670 | -€33,123 | -€89,450 | €17,660 | ▲ 120% |
| + Depreciation and write-downs630 | €2,265 | €11,164 | €13,441 | €13,441 | = |
| Operating cash flow (approximation) | €3,935 | -€21,958 | -€76,009 | €31,101 | ▲ 141% |
| Investment in fixed assets (approximation) | - | -€52,960 | -€1,363 | €0 | ▲ 100% |
| Change in cash | - | €14,919 | -€25,897 | €12,859 | ▲ 150% |
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
2026
27-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 23-02-2026
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Back to profitnet €17,660
Net result €17,660 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€89,450
Net result drops to -€89,450, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 2021
Ground area
223 m²
Building footprint
125 m²
Volume, LiDAR
1,707 m³
Parcel 62803A1208/00N000, Wallonia · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Le Notger
since 20212.324.449.602
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1208/00N000 | Wallonia | 223 m² | 1 · 125 m² | 15.2 m · 5 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VIOLAINE DEVYVER QUAI MARCELLIS 7,
4020 LIEGE 2 |
23-02-2026 → present |
| Curator | LAURA NICOLINI RUE HAUTE
ROGNAC 169, 4400 FLEMALLE |
23-02-2026 → present |
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,889. 4,010 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
Founded09-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56302Nightclubs
Contact
E-mail
philippebonsang@hotmail.com
Phone
+32494705297
Scores and ratios are computed by Checked and are not a credit decision.