Ctrl S
ActiveSummary
Ctrl S has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €487k and a net result of €232k. Equity is growing by ~66.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+15
Solvency75▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.15 in 2023; short-term debt: 22.6% and cash: 24.4% of total assets), but 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.8%
Return on assets
23.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
124 d late
2022
308 d late
2021
184 d late
2019
101 d late
2018
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€0
2022 · €0
2021: €0
2022: €0
2021 → 2023
EBIT margin
Not included in this filing
Net result
€232k▲ 172%
2023 · €85k
2018: €21k
2019: €24k
2021: €80k
2022: €37k
2023: €85k
2018 → 2024
Working capital
€154k▲ 493%
2023 · €26k
2018: €13k
2019: €19k
2021: €113k
2022: €122k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Turnover€0€0€0
Equity€38k-€133k▲ 253%€169k▲ 27.9%€255k▲ 50.3%€487k▲ 91.0%
Operating result€29k-€112k▲ 284%€63k▼ 43.6%€128k▲ 102%€336k▲ 163%
Net result€24k-€80k▲ 241%€37k▼ 54.1%€85k▲ 131%€232k▲ 172%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 163% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €977k
Fixed assets
€602k ▲ 9.1%
Current assets
€375k ▲ 83.8%
Equity and liabilities €977k
Equity
€487k ▲ 91.0%
Debt
€491k ▼ 2.1%
Debt's share of the balance-sheet total falls from 66.3% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€344k▲
2023 · €136k
Cash flow
€240k▲
2023 · €94k
Current ratio
1.69▲
2023 · 1.15
Debt to equity
1.01▼
2023 · 1.97
ROE
47.6%▲
2023 · 33.5%
ROA
23.7%▲
2023 · 11.3%
Interest coverage
22.01▲
2023 · 17.18
Debt ≤ 1 year
€221k▲
2023 · €178k
Debt > 1 year
€270k▼
2023 · €323k
Income taxes
€89k▲
2023 · €35k
Staff costs
€42k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€756k€977k▲
Fixed assets21/28€552k€602k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€50k€100k▲
Land and buildings22€36k€91k▲
Plant, machinery and equipment23€1k€695▼
Furniture and vehicles24€13k€8k▼
Financial fixed assets28€502k€502k=
Current assets29/58€204k€375k▲
Amounts receivable within one year40/41€117k€136k▲
Trade receivables40€89k€125k▲
Other amounts receivable41€28k€11k▼
Cash at bank and in hand54/58€84k€238k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€756k€977k▲
Equity10/15€255k€487k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0€0=
Reserves not available under the articles1311€0€0=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€247k€478k▲
Amounts payable17/49€501k€491k▼
Amounts payable after more than one year17€323k€270k▼
Financial debts170/4€323k€270k▼
Amounts payable within one year42/48€178k€221k▲
Current portion of amounts payable after more than one year42€56k€58k▲
Trade debts44€60k€102k▲
Suppliers440/4€60k€102k▲
Taxes, remuneration and social security45€62k€61k▼
Taxes450/3€61k€50k▼
Remuneration and social security454/9€975€11k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€9k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€34€1k▲
Non-recurring operating charges66A€2k€325▼
Gross operating margin9900€147k€388k▲
Operating profit (loss)9901€128k€336k▲
Financial income75/76B€241€475▲
Recurring financial income75€241€475▲
Financial charges65/66B€8k€16k▲
Recurring financial charges65€8k€16k▲
Profit (loss) for the period before taxes9903€120k€321k▲
Income taxes67/77€35k€89k▲
Profit (loss) for the period9904€85k€232k▲
Profit (loss) for the period to be appropriated9905€85k€232k▲
Appropriation of the result
Profit (loss) to be appropriated9906€247k€478k▲
Profit (loss) brought forward from the previous period14P€161k€247k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€2k-
To other reserves6921€2k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2018net €232k ▲172%
Operating result €336k, net result €232k, both a record.
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
03-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 308 days late
2023
31-12
Financial
Equity above €200kEq €255k ▲50.3%
5 profitable years in a row build equity to €255k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 184 days late
2022
31-12
Financial
Equity above €150kEq €169k ▲27.9%
4 profitable years in a row build equity to €169k.
2021
31-12
Financial
Liquidity triplescurrent ratio 3.70
Current ratio from 1.36 to 3.70; short-term debt falls from €52k to €42k.
31-12
Financial
Equity above €100kEq €133k ▲253%
3 profitable years in a row build equity to €133k.
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 101 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Chaudfontaine · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Béôle 1154050 ChaudfontaineGround area
2,514 m²
Building footprint
163 m²
Volume, LiDAR
1,346 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Economes 28, 4051 Chaudfontaine
since 20182.284.908.838
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022A0213/00L003 | Wallonia | 2,439 m² | 1 · 144 m² | 11.0 m · 3 fl. |
| 62104C0068/00G000 | Wallonia | 75 m² | 1 · 19 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0632.827.208
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Teqniqe
BE 0787.822.716
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ADVIES & MANAGEMENT
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Halen · Eq €487,352
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 12,083 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.