Gross margin from -€48,492 to €112,846Transfer of 100 shares from Name hiddenVisible after signing in to Name hiddenVisible after signing in15-07Equity from -€61,256 to €8,453Debts from €175,388 to €102,484Cash from €20,793 to €31,140
Less equity than 80% of companies in food and beverage service. Sector median €142,414 · 2,897 companies.
2025 accounts not filed, 107 days past the deadline
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as CTL has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Micro
2 to 5 years old
solvency under 10%
a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,156 companies, not a prediction for CTL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790816749
Transfer of 100 shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in
Resignation: Name hiddenVisible after signing in (director) · Appointment: Hidden nameVisible after signing in (director) · Name after signing inVisible after signing in holds 100 shares · General meeting of 01-07-2024 · Gazette deed
Resignation: Name hiddenVisible after signing in (director)
Appointment: Hidden nameVisible after signing in (director) · Director discharge: Name after signing inVisible after signing in · General meeting of 15-09-2022 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: Name hiddenVisible after signing in (comparant) · Appointment: Hidden nameVisible after signing in (director) · published on 16-09-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as CTL: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €91,900 and €124,000, founded between 2022 and 2023.
The 2024 annual accounts show equity of €8,453 and a net result of €69,710. Its solvency ranks better than 23% of 2,896 sector peers (NACE 56, financial year 2024).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
The company number of CTL is 0790.816.749. The VAT number is the same number with BE in front: BE 0790.816.749.
Where is CTL based?
The registered office is at Diestsestraat 170, 3000 Leuven.Company details
What does CTL do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of CTL?
CTL is a private limited company (BV).
When was CTL founded?
CTL was founded on 14-09-2022.
Is CTL still active?
Yes, CTL is an active enterprise in the KBO register.
How many employees does CTL have?
CTL had an average of 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of CTL?
The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €112,846 and 97 comparable companies (NACE 56112). It probably lies between €270,000 and €440,000. In financial year 2023 turnover was €67,129.
Is CTL profitable?
In financial year 2024, CTL made a profit of €69,710.
Where can I find the annual accounts of CTL?
CTL filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.