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CTRL Engineering

Active
Private limited companyfounded 2023active for 3 yearsAutobaan 2, 8210 Zedelgem, BelgiumKBO/BCE: BE 0801.450.820
Summary

CTRL Engineering has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243,699 and a net result of €85,574. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 26% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Computer programming
NACE 62100Engineering and related technical consultancy, excluding land surveyors NACE 71121
10th largest company by total assets in Zedelgem, Telecoms and IT sector1 site
Size
€833,678total assets 2025
Staff
9.2 FTE
Equity
€243,699
Profit
€85,574
Turnover not published (micro format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts filed 47 days late1 of 2 deeds summarised
Why 89raises riskLast filed accounts filed 47 days late; 1 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €833,678Figures for financial year 2025 (filed 16-09-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Average
Solvency 54-8
equity 29.2% of total assets
Liquidity 28-28
short-term debt 65.2% · cash 10.4%
Profitability 82+3
return on assets 10.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,870 companies, NACE 62, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: < 0.1%▼ -0.2 percentage points vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.28, compared with 1.47 in 2024, below the usual 1.5; short-term debt: 65.2% and cash: 10.4% of total assets), and 70.8% of the assets are financed with debt and provisions.
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 62, micro): better than 28% on solvency, 10% on liquidity, 42% on profitability and 80% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €833,678
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 47 days late; 1 of the last 3 late
NBB · filings
lowers risk · Figures for financial year 2025 (filed 16-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 47 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
47 days late
2024
1 day early
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 15 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (3 of the last 3 filed years within 47 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €200,000equity €243,699 ▲54.1%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (47 days) Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00515572.

Equity
€243,699▲ 54.1%
2024 · €158,125
Total assets
€833,678▲ 96.8%
2024 · €423,645
Net result
€85,574▲ 158%
2024 · €33,204
Working capital
€150,591▲ 35.2%
2024 · €111,399
Trend over the years

2023 to 2025, 3 financial years

The operating result recovers in 2025; 2025 is 185% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€125,774 2025 Net result€85,574 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€133,932-€44,116▼ 67.1%€125,774▲ 185%
Net result€104,921above the sector's middle half-€33,204within the sector's middle half▼ 68.4%€85,574above the sector's middle half▲ 158%
Equity€124,921within the sector's middle half-€158,125within the sector's middle half▲ 26.6%€243,699above the sector's middle half▲ 54.1%
Total assets€195,228within the sector's middle half-€423,645above the sector's middle half▲ 117%€833,678above the sector's middle half▲ 96.8%
Debt€70,308-€265,520▲ 278%€589,979▲ 122%
Working capital€98,643within the sector's middle half-€111,399within the sector's middle half▲ 12.9%€150,591above the sector's middle half▲ 35.2%
Solvency64.0%within the sector's middle half-37.3%within the sector's middle half▼ 26.7pp29.2%within the sector's middle half▼ 8.1pp
Current ratio2.40within the sector's middle half-1.47within the sector's middle half▼ 0.931.28within the sector's middle half▼ 0.19
Return on assets (ROA)53.7%above the sector's middle half-7.8%within the sector's middle half▼ 45.9pp10.3%within the sector's middle half▲ 2.4pp
Staff (FTE)1-3.5▲ 250%9.2▲ 163%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €833,678
Fixed assets €139,496 ▲ 83.4%
Current assets €694,182 ▲ 99.7%
Equity and liabilities €833,678
Equity €243,699 ▲ 54.1%
Debt €589,979 ▲ 122%
Debt's share of the balance-sheet total rises from 62.7% to 70.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€148,747▲
2024 · €57,406
Cash flow
€108,547▲
2024 · €46,495
Debt to equity
2.42▲
2024 · 1.68
ROE
35.1%▲
2024 · 21.0%
Interest coverage
12.11▼
2024 · 19.58
Debt ≤ 1 year
€543,591▲
2024 · €236,173
Debt > 1 year
€46,388▲
2024 · €23,930
Income taxes
€28,473▲
2024 · €7,983
Staff costs
€589,496▲
2024 · €227,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€423,645€833,678▲
Fixed assets21/28€76,073€139,496▲
Tangible fixed assets22/27€75,873€137,996▲
Plant, machinery and equipment23€62,509€127,983▲
Furniture and vehicles24€13,364€10,013▼
Financial fixed assets28€200€1,500▲
Current assets29/58€347,573€694,182▲
Amounts receivable within one year40/41€229,739€607,520▲
Trade receivables40€229,739€607,520▲
Cash at bank and in hand54/58€117,834€86,662▼
Equity and liabilities
Total equity and liabilities10/49€423,645€833,678▲
Equity10/15€158,125€243,699▲
Contributions10/11€20,000€20,000=
Reserves13-€223,699
Distributable reserves133-€223,699
Profit (loss) carried forward14€138,125-
Amounts payable17/49€265,520€589,979▲
Amounts payable after more than one year17€23,930€46,388▲
Financial debts170/4€23,930€46,388▲
Amounts payable within one year42/48€236,173€543,591▲
Current portion of amounts payable after more than one year42€12,921€141,288▲
Financial debts43€70,000€90,000▲
Credit institutions430/8€70,000€90,000▲
Trade debts44€40,531€75,482▲
Suppliers440/4€40,531€75,482▲
Taxes, remuneration and social security45€112,721€222,893▲
Taxes450/3€54,505€109,511▲
Remuneration and social security454/9€58,216€113,382▲
Other amounts payable47/48-€13,929
Accrued charges and deferred income492/3€5,417-
Income statement Code20242025
Remuneration, social security and pensions62€227,005€589,496▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,290€22,973▲
Other operating charges640/8€1,870€1,611▼
Gross operating margin9900€286,281€739,854▲
Operating profit (loss)9901€44,116€125,774▲
Financial income75/76B€3€557▲
Recurring financial income75€3€557▲
Financial charges65/66B€2,932€12,285▲
Recurring financial charges65€2,932€12,285▲
Profit (loss) for the period before taxes9903€41,187€114,046▲
Income taxes67/77€7,983€28,473▲
Profit (loss) for the period9904€33,204€85,574▲
Profit (loss) for the period to be appropriated9905€33,204€85,574▲
Appropriation of the result
Profit (loss) to be appropriated9906€138,125€223,699▲
Profit (loss) brought forward from the previous period14P€104,921€138,125▲
Transfer to equity691/2-€223,699
To other reserves6921-€223,699

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€13,723€227,005€589,496▲ 160%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€641€13,290€22,973▲ 72.9%
Other operating charges640/8€1,176€1,870€1,611▼ 13.9%
Gross operating margin9900€149,473€286,281€739,854▲ 158%
Operating profit (loss)9901€133,932€44,116€125,774▲ 185%
Financial income75/76B-€3€557▲ 161×
Recurring financial income75-€3€557▲ 161×
Financial charges65/66B€12€2,932€12,285▲ 319%
Recurring financial charges65€12€2,932€12,285▲ 319%
Profit (loss) for the period before taxes9903€133,921€41,187€114,046▲ 177%
Income taxes67/77€29,000€7,983€28,473▲ 257%
Profit (loss) for the period9904€104,921€33,204€85,574▲ 158%
Profit (loss) for the period to be appropriated9905€104,921€33,204€85,574▲ 158%
Line202320242025Change
Assets
Total assets20/58€195,228€423,645€833,678▲ 96.8%
Fixed assets21/28€26,278€76,073€139,496▲ 83.4%
Tangible fixed assets22/27€26,278€75,873€137,996▲ 81.9%
Plant, machinery and equipment23€15,304€62,509€127,983▲ 105%
Furniture and vehicles24€10,974€13,364€10,013▼ 25.1%
Financial fixed assets28-€200€1,500▲ 650%
Current assets29/58€168,951€347,573€694,182▲ 99.7%
Amounts receivable within one year40/41€102,194€229,739€607,520▲ 164%
Trade receivables40€102,194€229,739€607,520▲ 164%
Cash at bank and in hand54/58€61,757€117,834€86,662▼ 26.5%
Deferred charges and accrued income490/1€5,000---
Equity and liabilities
Total equity and liabilities10/49€195,228€423,645€833,678▲ 96.8%
Equity10/15€124,921€158,125€243,699▲ 54.1%
Contributions10/11€20,000€20,000€20,000=
Reserves13--€223,699-
Distributable reserves133--€223,699-
Profit (loss) carried forward14€104,921€138,125--
Amounts payable17/49€70,308€265,520€589,979▲ 122%
Amounts payable after more than one year17-€23,930€46,388▲ 93.8%
Financial debts170/4-€23,930€46,388▲ 93.8%
Amounts payable within one year42/48€70,308€236,173€543,591▲ 130%
Current portion of amounts payable after more than one year42-€12,921€141,288▲ 993%
Financial debts43-€70,000€90,000▲ 28.6%
Credit institutions430/8-€70,000€90,000▲ 28.6%
Trade debts44€8,432€40,531€75,482▲ 86.2%
Suppliers440/4€8,432€40,531€75,482▲ 86.2%
Taxes, remuneration and social security45€61,875€112,721€222,893▲ 97.7%
Taxes450/3€56,493€54,505€109,511▲ 101%
Remuneration and social security454/9€5,382€58,216€113,382▲ 94.8%
Other amounts payable47/48--€13,929-
Accrued charges and deferred income492/3-€5,417--
Line202320242025Change
Profit (loss) for the period9904€104,921€33,204€85,574▲ 158%
+ Depreciation and write-downs630€641€13,290€22,973▲ 72.9%
Operating cash flow (approximation)€105,562€46,495€108,547▲ 133%
Investment in fixed assets (approximation)--€63,085-€86,396▼ 37.0%
Change in cash-€56,077-€31,172-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 16-09-2026 2026-00515572
31-12-2024 micro format 30-07-2025 2025-00335935
31-12-2023 micro format 30-07-2024 2024-00300507

Similar companies · same sector, comparable size

Of the 16,995 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,924. 6,486 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 4 entries · €10,454 awarded · €10,454 paid
Year Entries AwardedPaid
2025 2 €5,159€5,159
2024 1 €2,145€2,895
2023 1 €3,150€2,400
Schemes
3 entries · €5,954 · €5,954 paid · Fonds voor Innoveren en Ondernemen
1 entry · €4,500 · €4,500 paid · Vlaams Agentschap voor Internationaal Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 4 May 2023, CTRL Engineering was incorporated as a private limited company.1 In 2023 the registered office moved to Loppem.2 Total assets went from €195,228 in 2023 to €833,678 in 2025 and headcount from 1 to 9.2 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-11-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 47 days late
2025
31-12
Financial Equity above €200,000equity €243,699 ▲54.1%
A profit in every financial year since 2023 builds equity to €243,699.
30-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Weakest financial yearnet €33,204 ▼68.4%
Net result drops to €33,204, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150,000equity €158,125 ▲26.6%
A profit in every financial year since 2023 builds equity to €158,125.
30-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
03-11
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 19-10-2023
  • Registered-office move, Autobaan 2C,8210 Loppem
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded04-05-2023
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
33200Installation of industrial machinery and equipment
62900Other information technology and computer services
71209Other technical testing and analysis
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801450820
Registered 21-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
6,884 m²
Building footprint
269 m²
Building volume
1,969 m³
Parcel 31017B0030/00Z000, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
CTRL Engineering
Autobaan 2, 8210 ZedelgemComputer programming
since 2023unit no. 2.344.958.073
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31017B0030/00Z000 Flanders 6,884 m² 1 · 269 m² 9.9 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.