CTL CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of CTL CONCEPT is 1.9% (moderate). The 2025 annual accounts show equity of €33,516 and a net result of €33,516. Its solvency ranks better than 57% of 9,327 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €33,516
- Profit
- €33,516
Why 56raises riskFounded in 2024Size: total assets €66,965Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.80, cash €19,601Show the evidence
Checked score
About 2 in 100 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 41, micro): better than 58% on solvency, 67% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 28-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: HÂRLEA Ionu Ctlin (director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00490418.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,445 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 39,278 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 | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,365 |
| Other operating charges640/8 | €1,684 |
| Gross operating margin9900 | €48,886 |
| Operating profit (loss)9901 | €42,837 |
| Financial income75/76B | €6 |
| Recurring financial income75 | €6 |
| Financial charges65/66B | €810 |
| Recurring financial charges65 | €810 |
| Profit (loss) for the period before taxes9903 | €42,033 |
| Income taxes67/77 | €8,517 |
| Profit (loss) for the period9904 | €33,516 |
| Profit (loss) for the period to be appropriated9905 | €33,516 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €66,965 | |
| Fixed assets21/28 | €6,637 | |
| Tangible fixed assets22/27 | €6,637 | |
| Furniture and vehicles24 | €6,637 | |
| Current assets29/58 | €60,329 | |
| Amounts receivable within one year40/41 | €39,164 | |
| Trade receivables40 | €680 | |
| Other amounts receivable41 | €38,484 | |
| Cash at bank and in hand54/58 | €19,601 | |
| Deferred charges and accrued income490/1 | €1,565 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €66,965 | |
| Equity10/15 | €33,516 | |
| Profit (loss) carried forward14 | €33,516 | |
| Amounts payable17/49 | €33,449 | |
| Amounts payable within one year42/48 | €33,449 | |
| Trade debts44 | €24,932 | |
| Suppliers440/4 | €24,932 | |
| Taxes, remuneration and social security45 | €8,517 | |
| Taxes450/3 | €8,517 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €33,516 |
| + Depreciation and write-downs630 | €4,365 |
| Operating cash flow (approximation) | €37,882 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00490418 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HÂRLEA Ionu Ctlin |
|
Owners and capital
Capital and shareholders
- HÂRLEA Ionu Ctlin 100 shares (100%) · €10,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 06-06-2024 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-06
Gazette deed
IncorporationAppointment: HÂRLEA Ionu Ctlin (director) · Founder · Founding capital10 facts ▸
- Incorporation, “CTL CONCEPT” (deed in Dutch)
- Founder, HÂRLEA Ionu Ctlin (comparant)
- Founding capital, €10,000
- Other provision, “aansprakelijkheid oprichters bij faillissement, aanvangsvermogen kennelijk ontoereikend voor voorgenomen activiteit” (deed in Dutch)
- Registered office clause, “9270 Laarne,Provinciebaan 42” (deed in Dutch)
- Board rule, 1
- Director appointment, HÂRLEA Ionu Ctlin (director (not named in the articles))
- Other provision, “geen bestuursverbod, geen civielrechtelijk of strafrechtelijk bestuursverbod opgelegd” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Other provision, “financieel plan, bedrag aanvangsvermogen verantwoord” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1010.035.165
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42009D1018/00L002 | Flanders | 178 m² | 1 · 81 m² | 8.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderhoud en schoonmaak van kantoren,industriële of commerciële lokalen,huizen,flats,glazenwassen enz…” (deed in Dutch)
9 activities (deed in Dutch)
- Onderhoud en schoonmaak van kantoren,industriële of commerciële lokalen,huizen,flats,glazenwassen enz
- Loodgieterswerk,sanitair,zinkwerk,bouw,verbouw,renovatie,algemene bouwwerken in al hun vormen,leggen van parket,isolatie,architectuur,afbraakwerken,schilderwerk,schrijnwerk,elektriciteit,tegelwerk,metselwerk,stukadoorswerk,cementering,installatie van centrale verwarming,enz
- Wegenbouw-,reparatie- en onderhoudsbedrijven
- Diverse kabel- en leidinglegbedrijven
- Installatie van alle elektrische installaties en alle werkzaamheden met betrekking tot de distributie van elektriciteit
- Bouwmaterialen,elektrische en elektronische apparatuur,loodgieterswerk en sanitair
- Algemene bouwsector,bouwsector,alle renovatiewerkzaamheden aan gebouwen
- Vervoer van personen en goederen over land,door de lucht en over zee
- Expressepost,vervoer van personen en goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CTL CONCEPT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover geen wijziging taalregime” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, algemene kosten los van representatie-reis-verplaatsingskosten” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen Wetboek van vennootschappen en verenigingen;inzage voor aandeelhouders betreffende…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “In vormen vereist voor statutenwijziging, op elk moment ontbonden door beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, recht algemene vergadering een of meer vereffenaars aan te duiden,bevoegdheden te…” (deed in Dutch)