CTKD
ActiveSummary
The computed 12-month bankruptcy probability of CTKD is 1.9% (moderate). The 2025 annual accounts show negative equity (€-165k) and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2003 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.07 in 2024; short-term debt: 773.5% and cash: 68.2% of total assets), and equity is negative.
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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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-673.5%
Return on assets
-113.5%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-165k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
14 d early
2023
4 d early
2022
10 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-165k▼ 20.3%
2024 · €-137k
Total assets
€24k▲ 36.7%
2024 · €18k
Net result
€-28k▲ 66.0%
2024 · €-82k
Working capital
€-173k▼ 19.9%
2024 · €-144k
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€-9k-€4k€-63k€-82k▼ 29.0%€-28k▲ 66.0%
Net result€894-€5k▲ 442%€-63k€-82k▼ 29.7%€-28k▲ 66.0%
Equity€3k-€8k▲ 167%€-55k€-137k▼ 148%€-165k▼ 20.3%
Total assets€49k-€58k▲ 17.7%€22k▼ 62.4%€18k▼ 17.4%€24k▲ 36.7%
Debt€46k-€50k▲ 8.3%€77k▲ 54.3%€155k▲ 101%€189k▲ 22.2%
Working capital€-15k-€-9k▲ 42.3%€-67k▼ 680%€-144k▼ 115%€-173k▼ 19.9%
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 €28k in 2025 against €82k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€8k ▲ 12.0%
Current assets
€17k ▲ 52.3%
Key figures and ratios
EBITDA
€-24k▲
2024 · €-77k
Cash flow
€-24k▲
2024 · €-77k
Solvency
-673.5%▲
2024 · -765.4%
Current ratio
0.09▲
2024 · 0.07
Debt to equity
-1.15▼
2024 · -1.13
ROA
-113.5%▲
2024 · -456.5%
Interest coverage
-409.38▼
2024 · -404.93
Debt ≤ 1 year
€189k▲
2024 · €155k
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 | €4k | €5k | €5k | €5k | €4k | ▼ 14.3% |
| Other operating charges640/8 | €213 | €215 | €167 | €561 | €387 | ▼ 31.0% |
| Gross operating margin9900 | €-5k | €9k | €-58k | €-76k | €-23k | ▲ 69.4% |
| Operating profit (loss)9901 | €-9k | €4k | €-63k | €-82k | €-28k | ▲ 66.0% |
| Financial income75/76B | €12k | - | €52 | €7 | - | - |
| Recurring financial income75 | €12k | - | €52 | €7 | - | - |
| Financial charges65/66B | €4 | €88 | €70 | €190 | €58 | ▼ 69.5% |
| Recurring financial charges65 | €4 | €88 | €70 | €190 | €58 | ▼ 69.5% |
| Profit (loss) for the period before taxes9903 | €2k | €4k | €-63k | €-82k | €-28k | ▲ 66.0% |
| Income taxes67/77 | €2k | €-1k | €-216 | - | - | - |
| Profit (loss) for the period9904 | €894 | €5k | €-63k | €-82k | €-28k | ▲ 66.0% |
| Profit (loss) for the period to be appropriated9905 | €894 | €5k | €-63k | €-82k | €-28k | ▲ 66.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49k | €58k | €22k | €18k | €24k | ▲ 36.7% |
| Fixed assets21/28 | €20k | €16k | €12k | €7k | €8k | ▲ 12.0% |
| Intangible fixed assets21 | €15k | €12k | €8k | €4k | €5k | ▲ 21.1% |
| Tangible fixed assets22/27 | €2k | €1k | €581 | - | - | - |
| Furniture and vehicles24 | €2k | €1k | €581 | - | - | - |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €29k | €41k | €10k | €11k | €17k | ▲ 52.3% |
| Amounts receivable within one year40/41 | €25k | €32k | €8k | €2k | - | - |
| Trade receivables40 | €25k | €31k | €6k | - | - | - |
| Other amounts receivable41 | - | €508 | €1k | €2k | - | - |
| Cash at bank and in hand54/58 | €3k | €9k | €2k | €9k | €17k | ▲ 76.9% |
| Deferred charges and accrued income490/1 | - | €625 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49k | €58k | €22k | €18k | €24k | ▲ 36.7% |
| Equity10/15 | €3k | €8k | €-55k | €-137k | €-165k | ▼ 20.3% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €894 | €6k | €-57k | €-139k | €-167k | ▼ 20.0% |
| Amounts payable17/49 | €46k | €50k | €77k | €155k | €189k | ▲ 22.2% |
| Amounts payable within one year42/48 | €44k | €50k | €77k | €155k | €189k | ▲ 22.2% |
| Trade debts44 | €3k | €2k | €10 | €14 | €320 | ▲ 2,186% |
| Suppliers440/4 | €3k | €2k | €10 | €14 | €320 | ▲ 2,186% |
| Taxes, remuneration and social security45 | €653 | - | €1k | - | €2k | - |
| Taxes450/3 | €653 | - | €1k | - | €2k | - |
| Other amounts payable47/48 | €40k | €48k | €76k | €155k | €187k | ▲ 20.6% |
| Accrued charges and deferred income492/3 | €2k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €894 | €5k | €-63k | €-82k | €-28k | ▲ 66.0% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | €5k | €4k | ▼ 14.3% |
| Operating cash flow (approximation) | €5k | €10k | €-58k | €-77k | €-24k | ▲ 69.1% |
| Investment in fixed assets (approximation) | - | €-840 | €0 | €0 | €-5k | - |
| Change in cash | - | €6k | €-6k | €7k | €7k | ▲ 4.4% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
30-09
Financial
Highest result since 2021net €5k ▲442%
Operating result €4k, net result €5k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2020
Ground area
136 m²
Building footprint
71 m²
Volume, LiDAR
955 m³
Parcel 21673D0157/00Z003, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CTKD
since 20202.301.431.896
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0157/00Z003 | Brussels | 135 m² | 1 · 71 m² | 17.6 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.
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Of 3,527 companies in sector 90391 we hold annual accounts for 681. 335 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
Founded14-04-2020
Fiscal year end30-09
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.