CTR
ActiveSummary
The computed 12-month bankruptcy probability of CTR is 4.8% (elevated). The 2024 annual accounts show negative equity (-€2,776) and a net result of -€1,336. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€2,776
- Loss
- -€1,336
Why 37- Figures for FY 2024 (filed 28-08-2025)- Founded in 2023- No establishment unit in the KBO+ Liquidity: current ratio 2.71, cash €5,735Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 28-08-2025) raises the probability
- Founded in 2023 raises the probability for this profile
- No establishment unit in the KBO raises the probability
- Liquidity: current ratio 2.71, cash €5,735 lowers the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 11%, liquidity 85%, profitability 8%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
This company filed its last 2 accounts on average 13 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · unclassified…
- Liquidity times 13current ratio 2.71
- Annual accounts filedfiscal year 2023 · unclassified…
Financials · fiscal year 2024, unclassified schema
2023 to 2024, 2 fiscal years
The operating result stays negative: a loss of €1,219 in 2024 against €4,327 in 2023; the loss shrinks.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.8% 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 497,471 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% | 1.0% |
| 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% 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 7,639 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€3,943 | -€832 | ▲ 78.9% |
| Operating profit (loss)9901 | -€4,327 | -€1,219 | ▲ 71.8% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €113 | €117 | ▲ 4.0% |
| Recurring financial charges65 | €113 | €117 | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | -€4,440 | -€1,336 | ▲ 69.9% |
| Profit (loss) for the period9904 | -€4,440 | -€1,336 | ▲ 69.9% |
| Profit (loss) for the period to be appropriated9905 | -€4,440 | -€1,336 | ▲ 69.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €362 | €7,335 | ▲ 1,928% |
| Current assets29/58 | €362 | €7,335 | ▲ 1,928% |
| Amounts receivable within one year40/41 | €362 | €0 | ▼ 100% |
| Other amounts receivable41 | €362 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | €5,735 | - |
| Deferred charges and accrued income490/1 | - | €1,600 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €362 | €7,335 | ▲ 1,928% |
| Equity10/15 | -€1,440 | -€2,776 | ▼ 92.8% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€4,440 | -€5,776 | ▼ 30.1% |
| Amounts payable17/49 | €1,801 | €10,111 | ▲ 461% |
| Amounts payable within one year42/48 | €1,801 | €2,711 | ▲ 50.5% |
| Trade debts44 | €152 | €742 | ▲ 388% |
| Suppliers440/4 | €152 | €742 | ▲ 388% |
| Taxes, remuneration and social security45 | - | €424 | - |
| Taxes450/3 | - | €424 | - |
| Other amounts payable47/48 | €1,649 | €1,544 | ▼ 6.4% |
| Accrued charges and deferred income492/3 | - | €7,400 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€4,440 | -€1,336 | ▲ 69.9% |
| Operating cash flow (approximation) | -€4,440 | -€1,336 | ▲ 69.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
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.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 6 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.