CTS Technique
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Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-05-2022, 73 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2021
73 d early
2020
74 d early
2019
31 d early
2018
37 d late
2017
40 d early
2016
34 d early
2015
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2021 is 1 day before the deadline, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the General electrical installation work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€106,654▼ 7.1%
2020 · -€99,610
Total assets
€16,290▼ 4.9%
2020 · €17,132
Net result
-€7,044▼ 43.0%
2020 · -€4,926
Working capital
-€104,183▼ 54.6%
2020 · -€67,401
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€21,754-€15,863▼ 27.1%-€7,874-€4,111▲ 47.8%
Net result€15,226--€8,052-€4,926below the sector's middle half▲ 38.8%-€7,044below the sector's middle half▼ 43.0%
Equity-€86,631--€94,684▼ 9.3%-€99,610below the sector's middle half▼ 5.2%-€106,654below the sector's middle half▼ 7.1%
Total assets€23,403-€15,513▼ 33.7%€17,132below the sector's middle half▲ 10.4%€16,290below the sector's middle half▼ 4.9%
Debt€110,034-€110,197▲ 0.1%€116,742▲ 5.9%€122,945▲ 5.3%
Working capital-€71,419--€56,513▲ 20.9%-€67,401below the sector's middle half▼ 19.3%-€104,183below the sector's middle half▼ 54.6%
Solvency-370.2%--610.4%▼ 240.2pp-581.4%below the sector's middle half▲ 28.9pp-654.7%below the sector's middle half▼ 73.3pp
Current ratio0.18-0.15▼ 0.030.16below the sector's middle half▲ 0.010.11below the sector's middle half▼ 0.04
Return on assets (ROA)65.1%--51.9%▼ 117.0pp-28.8%below the sector's middle half▲ 23.2pp-43.2%below the sector's middle half▼ 14.5pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,111 in 2021 against €7,874 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €16,290
Fixed assets
€2,779 ▼ 37.4%
Current assets
€13,512 ▲ 6.4%
Equity and liabilities
Equity-€106,654
Debt€122,945
Equity is negative: debt (€122,945) exceeds the balance-sheet total (€16,290).
Key figures and ratios
EBITDA
-€2,452▲
2020 · -€5,824
Cash flow
-€5,385▼
2020 · -€2,877
Quick ratio
0.05▲
2020 · 0.05
Interest coverage
-0.84
Debt ≤ 1 year
€117,695▲
2020 · €80,095
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,930 | €2,086 | €2,050 | €1,660 | ▼ 19.0% |
| Other operating charges640/8 | - | - | - | €1,579 | - |
| Gross operating margin9900 | €29,669 | €19,378 | -€4,091 | -€873 | ▲ 78.7% |
| Operating profit (loss)9901 | €21,754 | €15,863 | -€7,874 | -€4,111 | ▲ 47.8% |
| Financial income75/76B | - | - | - | €3 | - |
| Recurring financial income75 | €336 | €327 | €5,010 | €3 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €2,936 | - |
| Recurring financial charges65 | €6,864 | €7,272 | €2,063 | €2,936 | ▲ 42.3% |
| Profit (loss) for the period before taxes9903 | €15,226 | -€8,052 | -€4,926 | -€7,044 | ▼ 43.0% |
| Profit (loss) for the period9904 | €15,226 | -€8,052 | -€4,926 | -€7,044 | ▼ 43.0% |
| Profit (loss) for the period to be appropriated9905 | €15,226 | -€8,052 | -€4,926 | -€7,044 | ▼ 43.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,403 | €15,513 | €17,132 | €16,290 | ▼ 4.9% |
| Fixed assets21/28 | €7,877 | €5,792 | €4,438 | €2,779 | ▼ 37.4% |
| Intangible fixed assets21 | €3,793 | €2,793 | €1,792 | €792 | ▼ 55.8% |
| Tangible fixed assets22/27 | €3,844 | €2,758 | €2,405 | €1,746 | ▼ 27.4% |
| Plant, machinery and equipment23 | - | - | - | €1,215 | - |
| Other tangible fixed assets26 | - | - | - | €531 | - |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | = |
| Current assets29/58 | €15,526 | €9,721 | €12,694 | €13,512 | ▲ 6.4% |
| Stocks and contracts in progress3 | €7,302 | €6,426 | €8,829 | €7,143 | ▼ 19.1% |
| Stocks30/36 | - | - | - | €7,143 | - |
| Amounts receivable within one year40/41 | €8,182 | €1,807 | €3,638 | €1,497 | ▼ 58.8% |
| Trade receivables40 | - | - | - | €309 | - |
| Other amounts receivable41 | - | - | - | €1,188 | - |
| Cash at bank and in hand54/58 | €42 | €1,488 | €227 | €4,871 | ▲ 2,049% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,403 | €15,513 | €17,132 | €16,290 | ▼ 4.9% |
| Equity10/15 | -€86,631 | -€94,684 | -€99,610 | -€106,654 | ▼ 7.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€107,091 | -€115,144 | -€120,070 | -€127,114 | ▼ 5.9% |
| Amounts payable17/49 | €110,034 | €110,197 | €116,742 | €122,945 | ▲ 5.3% |
| Amounts payable after more than one year17 | €21,839 | €41,963 | €33,147 | - | - |
| Amounts payable within one year42/48 | €86,945 | €66,234 | €80,095 | €117,695 | ▲ 46.9% |
| Trade debts44 | €11,694 | €2,795 | €7,158 | €5,879 | ▼ 17.9% |
| Suppliers440/4 | - | - | - | €5,879 | - |
| Other amounts payable47/48 | - | - | - | €111,816 | - |
| Accrued charges and deferred income492/3 | - | - | - | €5,250 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,226 | -€8,052 | -€4,926 | -€7,044 | ▼ 43.0% |
| + Depreciation and write-downs630 | €4,930 | €2,086 | €2,050 | €1,660 | ▼ 19.0% |
| Operating cash flow (approximation) | €20,155 | -€5,967 | -€2,877 | -€5,385 | ▼ 87.2% |
| Investment in fixed assets (approximation) | - | €0 | -€696 | €0 | ▲ 100% |
| Change in cash | - | €1,447 | -€1,262 | €4,645 | ▲ 468% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
12-01
KBO administration
Address struck
event 23-11-2023
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€8,052
Net result drops to -€8,052, the lowest in the series.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
07-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
17-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
1 establishment unit since 2012
Ground area
829 m²
Building footprint
60 m²
Volume, LiDAR
602 m³
Parcel 52014A0055/00G002, Wallonia · tallest building 19.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CTS TECHNIQUE
since 20122.213.655.509
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52014A0055/00G002 | Wallonia | 829 m² | 1 · 60 m² | 19.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 22,818 companies in this sector we hold annual accounts for 10,343. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded17-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
62200Computer consultancy and computer facilities management
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.