CTS BeNeLux
ActiveCTS BeNeLux has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.11M and a net result of €-12k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-13
Solvency83▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.07 in 2024; short-term debt: 29.3% and cash: 9.5% of total assets), and 42.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.8%
Return on assets
-0.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
19 d late
2023
15 d early
2022
24 d late
2021
2 d early
2020
29 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.11M▼ 1.1%
2024 · €1.12M
2018: €451k
2019: €460k
2020: €519k
2021: €525k
2022: €588k
2023: €915k
2024: €1.12M
2018 → 2025
Total assets
€1.92M▼ 7.3%
2024 · €2.07M
2018: €1.37M
2019: €1.42M
2020: €1.47M
2021: €1.27M
2022: €1.36M
2023: €4.04M
2024: €2.07M
2018 → 2025
Net result
€-12k
2024 · €205k
2018: €58k
2019: €10k
2020: €59k
2021: €5k
2022: €63k
2023: €327k
2024: €205k
2018 → 2025
Working capital
€694k▼ 4.4%
2024 · €726k
2018: €226k
2019: €221k
2020: €209k
2021: €255k
2022: €324k
2023: €2.13M
2024: €726k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€525k-€588k▲ 12.0%€915k▲ 55.7%€1.12M▲ 22.3%€1.11M▼ 1.1%
Operating result€23k-€98k▲ 320%€469k▲ 379%€297k▼ 36.6%€231▼ 99.9%
Net result€5k-€63k▲ 1,075%€327k▲ 420%€205k▼ 37.6%€-12k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 100% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.92M
Fixed assets
€660k▼ 0.2%
Current assets
€1.26M▼ 10.7%
Equity and liabilities €1.92M
Equity
€1.11M▼ 1.1%
Debt
€808k▼ 14.7%
The debt ratio falls from 45.8% to 42.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€119k▼
2024 · €382k
Cash flow
€106k▼
2024 · €290k
Solvency
57.8%▲
2024 · 54.2%
Current ratio
2.24▲
2024 · 2.07
Quick ratio
1.10▼
2024 · 1.49
Debt / equity
0.73▼
2024 · 0.85
ROE
-1.1%▼
2024 · 18.3%
ROA
-0.6%▼
2024 · 9.9%
Interest coverage
9.50▼
2024 · 25.06
Debt
€808k▼
2024 · €947k
Debt ≤ 1 year
€562k▼
2024 · €680k
Debt > 1 year
€246k▼
2024 · €267k
Staff costs
€879k▲
2024 · €684k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.07M€1.92M▼
Fixed assets21/28€661k€660k▼
Intangible fixed assets21€9k€6k▼
Tangible fixed assets22/27€652k€654k▲
Land and buildings22€343k€316k▼
Plant, machinery and equipment23€23k€19k▼
Furniture and vehicles24€285k€281k▼
Other tangible fixed assets26€1k€38k▲
Financial fixed assets28€107€100▼
Current assets29/58€1.41M€1.26M▼
Stocks and contracts in progress3€392k€639k▲
Stocks30/36€392k€639k▲
Amounts receivable within one year40/41€897k€432k▼
Trade receivables40€884k€194k▼
Other amounts receivable41€13k€237k▲
Cash at bank and in hand54/58€111k€181k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€2.07M€1.92M▼
Equity10/15€1.12M€1.11M▼
Contributions10/11€50k€50k=
Reserves13€1.07M€1.07M=
Distributable reserves133€1.07M€1.07M=
Profit (loss) carried forward14-€-12k
Amounts payable17/49€947k€808k▼
Amounts payable after more than one year17€267k€246k▼
Financial debts170/4€267k€140k▼
Trade debts175-€106k
Amounts payable within one year42/48€680k€562k▼
Current portion of amounts payable after more than one year42€114k€239k▲
Financial debts43€474€474=
Credit institutions430/8€474€474=
Trade debts44€281k€115k▼
Suppliers440/4€281k€115k▼
Taxes, remuneration and social security45€281k€203k▼
Taxes450/3€149k€61k▼
Remuneration and social security454/9€132k€142k▲
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€684k€879k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€118k▲
Other operating charges640/8€11k€5k▼
Non-recurring operating charges66A-€22k
Gross operating margin9900€1.08M€1.02M▼
Operating profit (loss)9901€297k€231▼
Financial income75/76B€27€370▲
Recurring financial income75€27€370▲
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€282k€-12k▼
Income taxes67/77€77k-
Profit (loss) for the period9904€205k€-12k▼
Profit (loss) for the period to be appropriated9905€205k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€205k€-12k▼
Transfer to equity691/2€205k-
To other reserves6921€205k-
Social balance
Average headcount (FTE)908710.413.0▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼106%
Net result drops to €-12k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-12
Financial
Equity above €1MEq €1.12M ▲22.3%
7 profitable years in a row build equity to €1.12M.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €327k ▲420%
Operating result €469k, net result €327k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €519k ▲12.8%
3 profitable years in a row build equity to €519k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 2 establishment units since 2004
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.
Geraardsbergsesteenweg 409320 AalstGround area
974 m²
Building footprint
454 m²
Volume, LiDAR
935 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CTS BeNeLux
since 20042.136.553.474
CTS BeNeLux
since 20142.232.416.792
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B1317/00D003 | Flanders | 516 m² | 1 · 112 m² | 11.3 m · 2 fl. |
| 41303D0075/00S000 | Flanders | 458 m² | 1 · 342 m² | 3.6 m |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,889 EUR awarded · 1,889 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,529 EUR | 1,889 EUR |
| 2024 | 1 | 360 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 2,947 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2004
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.