Equity
Ctrl S has made a profit in every financial year since 2018.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 49% of them on solvency, 63% on liquidity, 30% on profitability and 50% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 2.02 (1.69 in 2024), above the usual 1.5. Short-term debt is 16.6% and cash 26.9% of total assets. 42.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 127 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Ctrl S Chaudfontaine | €892,729 | €101,476 | 57.2% | - |
| DIGITAL LEAD Grâce-Hollogne | €976,001 | €103,597 | 46.1% | 1 |
| GeNx Hemiksem | €851,925 | €101,926 | 2.2% | - |
| LINA SOLUTIONS Etterbeek | €937,306 | €107,912 | 2.0% | - |
| RIDR Ghent | €946,702 | €98,819 | 22.4% | - |
| Menagerie Media Group Ghent | €892,492 | €95,234 | 61.9% | 2.3 |
| GMGMT Liège | €887,650 | €133,864 | 31.6% | 1.2 |
These companies have the same main activity as Ctrl S: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €852,000 and €976,000, founded between 2017 and 2019.
Ctrl S files the micro format. That format states no turnover. The gross margin rose from €39,573 in 2018 to €101,476 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 48% of 21,205 companies in 2025.
Higher than 43% of 20,568 companies in 2025.
Higher than 22% of 20,743 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
892,729 | 977,230 | 756,121 | 274,126 | 174,264 | 96,937 | 66,515 | |
21/28 |
593,222 | 602,424 | 552,156 | 47,846 | 19,587 | 26,377 | 23,563 | |
21 |
- | 0 | 0 | 2,000 | 4,000 | 8,000 | - | |
22/27 |
91,222 | 100,424 | 50,156 | 45,846 | 15,587 | 18,377 | 23,413 | |
22 |
86,683 | 91,299 | 35,767 | 37,204 | - | - | - | |
23 |
423 | 695 | 1,069 | 559 | - | - | - | |
24 |
4,116 | 8,430 | 13,319 | 8,083 | 15,587 | 18,377 | 23,413 | |
28 |
502,000 | 502,000 | 502,000 | - | - | 0 | 150 | |
29/58 |
299,507 | 374,806 | 203,965 | 226,281 | 154,677 | 70,560 | 42,953 | |
40/41 |
44,295 | 135,638 | 116,571 | 182,727 | 130,609 | 33,402 | 4,077 | |
40 |
33,578 | 124,824 | 88,823 | 163,215 | 125,526 | 24,048 | 3,870 | |
41 |
10,717 | 10,814 | 27,749 | 19,511 | 5,082 | 9,354 | 207 | |
54/58 |
239,938 | 238,135 | 84,450 | 41,675 | 22,257 | 36,929 | 38,693 | |
490/1 |
15,274 | 1,033 | 2,944 | 1,879 | 1,812 | 229 | 182 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
892,729 | 977,230 | 756,121 | 274,126 | 174,264 | 96,937 | 66,515 | |
10/15 |
510,812 | 486,516 | 254,697 | 169,431 | 132,508 | 37,589 | 22,227 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,026 | |
130/1 |
- | 0 | 0 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,026 | |
1311 |
- | 0 | 0 | 1,860 | 1,860 | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | |
14 |
502,752 | 478,456 | 246,637 | 161,371 | 124,448 | 29,529 | 15,000 | |
17/49 |
381,917 | 490,714 | 501,425 | 104,695 | 41,756 | 59,348 | 44,288 | |
17 |
213,684 | 269,533 | 323,350 | - | 0 | 7,588 | 14,456 | |
170/4 |
213,684 | 269,533 | 323,350 | - | 0 | 7,588 | 14,456 | |
42/48 |
148,154 | 221,180 | 178,075 | 104,695 | 41,756 | 51,761 | 29,832 | |
42 |
55,850 | 58,063 | 55,813 | 0 | 589 | 6,868 | 6,740 | |
44 |
72,785 | 102,469 | 60,365 | 48,296 | 3,316 | 18,881 | 2,883 | |
440/4 |
72,785 | 102,469 | 60,365 | 48,296 | 3,316 | 18,881 | 2,883 | |
45 |
19,519 | 60,648 | 61,897 | 56,399 | 37,851 | 13,565 | 10,057 | |
450/3 |
6,724 | 49,631 | 60,923 | 56,399 | 37,851 | 13,565 | 10,057 | |
454/9 |
12,795 | 11,017 | 975 | - | - | - | - | |
47/48 |
- | - | 0 | 0 | 0 | 12,447 | 10,152 | |
492/3 |
20,079 | - | - | - | - | - | - | |
| Income statement | ||||||||
70 |
- | - | 0 | 0 | 0 | - | - | |
9900 |
101,476 | 387,662 | 146,812 | 76,395 | 124,596 | 39,440 | 39,573 | |
60/61 |
- | - | 0 | 0 | 0 | - | - | |
62 |
39,140 | 41,688 | 8,622 | - | - | - | - | |
630 |
9,202 | 8,234 | 8,679 | 11,189 | 10,647 | 8,644 | 7,126 | |
640/8 |
- | 1,420 | 34 | 1,025 | 1,540 | 1,581 | 1,941 | |
66A |
63 | 325 | 1,776 | 950 | 350 | - | - | |
9901 |
53,071 | 335,996 | 127,701 | 63,230 | 112,059 | 29,216 | 30,507 | |
75/76B |
- | 475 | 241 | 220 | - | 1 | - | |
75 |
- | 475 | 241 | 220 | - | 1 | - | |
65/66B |
23,722 | 15,642 | 7,940 | 287 | 206 | 362 | 1,708 | |
65 |
8,831 | 15,642 | 7,940 | 287 | 206 | 362 | 1,708 | |
66B |
14,891 | - | - | - | - | - | - | |
9903 |
29,349 | 320,828 | 120,002 | 63,163 | 111,853 | 28,855 | 28,799 | |
67/77 |
5,053 | 89,009 | 34,736 | 26,239 | 31,404 | 5,293 | 8,272 | |
9904 |
24,296 | 231,819 | 85,265 | 36,923 | 80,448 | 23,562 | 20,527 | |
9905 |
24,296 | 231,819 | 85,265 | 36,923 | 80,448 | 23,562 | 20,527 | |
| Appropriation of the result | ||||||||
9906 |
502,752 | 478,456 | 246,637 | 161,371 | 124,448 | 38,562 | 20,527 | |
14P |
478,456 | 246,637 | 161,371 | 124,448 | 43,999 | - | - | |
791/2 |
- | - | 1,860 | - | - | - | - | |
691/2 |
- | - | 1,860 | - | - | 834 | 1,026 | |
6920 |
- | - | - | - | - | 834 | 1,026 | |
6921 |
- | - | 1,860 | - | - | - | - | |
694/7 |
- | - | - | - | - | 8,200 | 4,500 | |
695 |
- | - | - | - | - | 8,200 | 4,500 | |
| Social balance sheet | ||||||||
9087 |
1 | 1 | 0.3 | - | - | - | - | |
Hours worked1013 |
1,554 | 1,832 | 464 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-10-2026.
2025 annual accounts filed 83 days after the deadline. Filed on 22 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00566065.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-10-2026 | 2026-00566065 | |
| 31-12-2024 | micro format | 27-09-2025 | 2025-00523460 | |
| 31-12-2023 | micro format | 02-12-2024 | 2024-00612401 | |
| 31-12-2022 | micro format | 03-06-2024 | 2024-00105522 | |
| 31-12-2021 | micro format | 31-01-2023 | 2023-00023004 | |
| 31-12-2019 | full format | 09-11-2020 | 2020-69700191 | |
| 31-12-2018 | full format | 28-08-2019 | 2019-55800490 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| 62,273 | 344,230 | 136,381 | 74,419 | 122,707 | 37,859 | 37,632 | ||
| 33,498 | 240,054 | 93,945 | 48,113 | 91,096 | 32,206 | 27,652 | ||
| 0 | 58,503 | 512,990 | 39,448 | 4,688 | 11,608 | 30,688 | ||
| 1,803 | 153,685 | 42,775 | 19,418 | - | -1,764 | - | ||
| 151,353 | 153,625 | 25,890 | 121,586 | 112,921 | 18,799 | 13,120 | ||
| 57.2% | 49.8% | 33.7% | 61.8% | 76.0% | 38.8% | 33.4% | ||
| 2.02 | 1.69 | 1.15 | 2.16 | 3.70 | 1.36 | 1.44 | ||
| 0.75 | 1.01 | 1.97 | 0.62 | 0.32 | 1.58 | 1.99 | ||
| 4.8% | 47.6% | 33.5% | 21.8% | 60.7% | 62.7% | 92.4% | ||
| 2.7% | 23.7% | 11.3% | 13.5% | 46.2% | 24.3% | 30.9% | ||
| 7.05 | 22.01 | 17.18 | over 100 | over 100 | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | - | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| 1 | 1 | 0.3 | |
| On a permanent contract | 1 | 1 | - |
| Joined | - | 1 | 1 |
| Left | - | 1 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €58,503 | €10,990 | €39,448 | €4,688 |
| Intangible fixed assets | - | €0 | €0 | €0 | €0 |
| Financial fixed assets | - | - | €502,000 | - | - |
| €9,202 | €8,234 | €8,679 | €11,189 | €10,647 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 84% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total falls from 50.2% to 42.8%. Equity is higher and debt is lower.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| Name | 2023 | 2024 | 2025 |
|---|---|---|---|
| DELEFORTERIE CUISINES | 100% | ||
Source: list of holdings in its own accounts
The network starts from the directors of Ctrl S. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Béôle 115 registered office 4050 Chaudfontaine | ||
| Rue des Economes 28 4051 Chaudfontaine | 01-01-2018 | 2.284.908.838 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62022A0213/00L003 | 2,439 m² | 1 · 144 m² | 11.0 m · 3 |
| 62104C0068/00G000 | 75 m² | 1 · 19 m² | 7.6 m · 2 |
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