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CTXOLLIN

Active
Private limited companyfounded 201511 yrs activeRue des Alliés 45, 4287 Lincent, BelgiumKBO/BCE: BE 0633.560.943
Summary

CTXOLLIN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,917 and a net result of €48,994. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency99▲+57
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.71 against 1.13 in 2023; short-term debt: 25.4% and cash: 58.1% of total assets), and 26.1% of the assets are financed with debt.
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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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €59,917
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
69 d late
2022
32 d late
2021
18 d early
2020
31 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CTXOLLIN was incorporated on 6 July 2015.1 Total assets rose from EUR 40,664 in 2018 to EUR 81,084 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€59,917▲ 449%
2023 · €10,924
Total assets
€81,084▲ 23.9%
2023 · €65,449
Net result
€48,994
2023 · -€17,853
Working capital
€55,807▲ 707%
2023 · €6,920
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 62, Computer programming, consultancy and related 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
Line20202021202220232024
Operating result€2,925▲ 5,996%€21,324▲ 629%€31,469▲ 47.6%-€17,123€62,976
Net result€1,005below the sector's middle half€14,511within the sector's middle half▲ 1,344%€22,360within the sector's middle half▲ 54.1%-€17,853below the sector's middle half€48,994within the sector's middle half
Equity-€8,094below the sector's middle half▲ 11.0%€6,417below the sector's middle half€28,777within the sector's middle half▲ 348%€10,924below the sector's middle half▼ 62.0%€59,917within the sector's middle half▲ 449%
Total assets€55,554below the sector's middle half▲ 62.5%€62,181below the sector's middle half▲ 11.9%€78,524within the sector's middle half▲ 26.3%€65,449below the sector's middle half▼ 16.7%€81,084within the sector's middle half▲ 23.9%
Debt€63,648▲ 47.0%€55,764▼ 12.4%€49,747▼ 10.8%€54,525▲ 9.6%€21,167▼ 61.2%
Working capital-€12,095below the sector's middle half-€12,176below the sector's middle half▼ 0.7%€15,833within the sector's middle half€6,920below the sector's middle half▼ 56.3%€55,807within the sector's middle half▲ 707%
Solvency-14.6%below the sector's middle half▲ 12.0pp10.3%below the sector's middle half▲ 24.9pp36.6%within the sector's middle half▲ 26.3pp16.7%below the sector's middle half▼ 20.0pp73.9%within the sector's middle half▲ 57.2pp
Current ratio0.81below the sector's middle half▼ 0.220.78below the sector's middle half▼ 0.031.32below the sector's middle half▲ 0.541.13below the sector's middle half▼ 0.193.71within the sector's middle half▲ 2.58
Return on assets (ROA)1.8%below the sector's middle half▲ 5.0pp23.3%within the sector's middle half▲ 21.5pp28.5%within the sector's middle half▲ 5.1pp-27.3%below the sector's middle half▼ 55.8pp60.4%above the sector's middle half▲ 87.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
-€25,000€0€25,000€50,000€75,000Operating result 2020: €2,925€2,925Net result 2020: €1,005€1,005Operating result 2021: €21,324€21,324Net result 2021: €14,511€14,511Operating result 2022: €31,469€31,469Net result 2022: €22,360€22,360Operating result 2023: -€17,123-€17,123Net result 2023: -€17,853-€17,853Operating result 2024: €62,976€62,976Net result 2024: €48,994€48,99420202021202220232024-€25,000€0€25,000€50,000€75,000Operating result 2022: €31,469€31,500Net result 2022: €22,360€22,400Operating result 2023: -€17,123-€17,100Net result 2023: -€17,853-€17,900Operating result 2024: €62,976€63,000Net result 2024: €48,994€49,000202220232024
The operating result returns to profit in 2024: €62,976 after a loss of €17,123 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81,084
Fixed assets €4,676 ▲ 8.5%
Current assets €76,408 ▲ 25.0%
Equity and liabilities €81,084
Equity €59,917 ▲ 449%
Debt €21,167 ▼ 61.2%
Debt's share of the balance-sheet total falls from 83.3% to 26.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€66,097▲
2023 · -€8,423
Cash flow
€52,114▲
2023 · -€9,153
Debt to equity
0.35▼
2023 · 4.99
ROE
81.8%▲
2023 · -163.4%
Interest coverage
215.06▲
2023 · -25.66
Debt ≤ 1 year
€20,601▼
2023 · €54,221
Income taxes
€13,675▲
2023 · €402
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.0%
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% 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 34,696 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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€65,449€81,084▲
Fixed assets21/28€4,308€4,676▲
Tangible fixed assets22/27€4,308€4,676▲
Furniture and vehicles24€3,639€4,221▲
Other tangible fixed assets26€669€455▼
Current assets29/58€61,141€76,408▲
Amounts receivable within one year40/41€2,612€25,546▲
Trade receivables40€2,612€25,546▲
Cash at bank and in hand54/58€55,739€47,072▼
Deferred charges and accrued income490/1€2,790€3,790▲
Equity and liabilities
Total equity and liabilities10/49€65,449€81,084▲
Equity10/15€10,924€59,917▲
Contributions10/11€26,200€26,200=
Reserves13-€33,717
Distributable reserves133-€33,717
Profit (loss) carried forward14-€15,276-
Amounts payable17/49€54,525€21,167▼
Amounts payable within one year42/48€54,221€20,601▼
Trade debts44€4,234€8,380▲
Suppliers440/4€4,234€8,380▲
Taxes, remuneration and social security45€11,422€11,653▲
Taxes450/3€11,422€11,653▲
Other amounts payable47/48€38,565€568▼
Accrued charges and deferred income492/3€304€566▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,700€3,120▼
Other operating charges640/8€3,053€2,301▼
Gross operating margin9900-€5,370€68,398▲
Operating profit (loss)9901-€17,123€62,976▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€328€307▼
Recurring financial charges65€328€307▼
Profit (loss) for the period before taxes9903-€17,451€62,669▲
Income taxes67/77€402€13,675▲
Profit (loss) for the period9904-€17,853€48,994▲
Profit (loss) for the period to be appropriated9905-€17,853€48,994▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,853€33,717▲
Profit (loss) brought forward from the previous period14P--€15,276
Transfer from equity791/2€2,577-
Transfer to equity691/2-€33,717
To other reserves6921-€33,717

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,423€3,861€10,936€8,700€3,120▼ 64.1%
Other operating charges640/8-€2,005€2,289€3,053€2,301▼ 24.6%
Gross operating margin9900€6,508€27,190€44,695-€5,370€68,398▲ 1,374%
Operating profit (loss)9901€2,925€21,324€31,469-€17,123€62,976▲ 468%
Financial income75/76B-€8€0-€0-
Recurring financial income75-€8€0-€0-
Financial charges65/66B-€387€291€328€307▼ 6.4%
Recurring financial charges65€304€387€291€328€307▼ 6.4%
Profit (loss) for the period before taxes9903€2,621€20,945€31,178-€17,451€62,669▲ 459%
Income taxes67/77€1,616€6,433€8,818€402€13,675▲ 3,301%
Profit (loss) for the period9904€1,005€14,511€22,360-€17,853€48,994▲ 374%
Profit (loss) for the period to be appropriated9905€1,005€14,511€22,360-€17,853€48,994▲ 374%
Line20202021202220232024Change
Assets
Total assets20/58€55,554€62,181€78,524€65,449€81,084▲ 23.9%
Fixed assets21/28€4,056€18,692€13,008€4,308€4,676▲ 8.5%
Tangible fixed assets22/27€4,056€18,692€13,008€4,308€4,676▲ 8.5%
Furniture and vehicles24-€17,131€11,894€3,639€4,221▲ 16.0%
Other tangible fixed assets26-€1,560€1,115€669€455▼ 32.0%
Current assets29/58€51,498€43,490€65,516€61,141€76,408▲ 25.0%
Amounts receivable within one year40/41€30,424€28,019€42,640€2,612€25,546▲ 878%
Trade receivables40-€28,019€42,640€2,612€25,546▲ 878%
Cash at bank and in hand54/58€18,467€13,262€19,896€55,739€47,072▼ 15.5%
Deferred charges and accrued income490/1-€2,208€2,980€2,790€3,790▲ 35.8%
Equity and liabilities
Total equity and liabilities10/49€55,554€62,181€78,524€65,449€81,084▲ 23.9%
Equity10/15-€8,094€6,417€28,777€10,924€59,917▲ 449%
Contributions10/11-€26,200€26,200€26,200€26,200=
Reserves13--€2,577-€33,717-
Distributable reserves133--€2,577-€33,717-
Profit (loss) carried forward14-€34,294-€19,783--€15,276--
Amounts payable17/49€63,648€55,764€49,747€54,525€21,167▼ 61.2%
Amounts payable within one year42/48€63,593€55,666€49,683€54,221€20,601▼ 62.0%
Trade debts44€21,063€10,984€7,442€4,234€8,380▲ 97.9%
Suppliers440/4-€10,984€7,442€4,234€8,380▲ 97.9%
Taxes, remuneration and social security45-€17,229€16,828€11,422€11,653▲ 2.0%
Taxes450/3-€14,801€16,776€11,422€11,653▲ 2.0%
Remuneration and social security454/9-€2,428€53---
Other amounts payable47/48-€27,453€25,413€38,565€568▼ 98.5%
Accrued charges and deferred income492/3-€99€64€304€566▲ 86.2%
Line20202021202220232024Change
Profit (loss) for the period9904€1,005€14,511€22,360-€17,853€48,994▲ 374%
+ Depreciation and write-downs630€2,423€3,861€10,936€8,700€3,120▼ 64.1%
Operating cash flow (approximation)€3,429€18,372€33,296-€9,153€52,114▲ 669%
Investment in fixed assets (approximation)--€18,497-€5,252€0-€3,488-
Change in cash--€5,205€6,634€35,843-€8,666▼ 124%

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

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Back to profitnet €48,994
Net result €48,994 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 3.71
Current ratio from 1.13 to 3.71; short-term debt falls from €54,221 to €20,601.
08-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
13-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €1,005
Net result €1,005 after 2 loss-making years.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lincent · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,437 m²
Building footprint
56 m²
Parcel 64058A0076/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Alliés 45, 4287 Lincent
IT consultancy
since 20152.244.445.089
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64058A0076/00G002 Wallonia 1,437 m² 1 · 56 m² -
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.

Recognitions · licences · registrations

Legal Entity Identifier

254900VU0Q0UD9BSRE29
live in the LEI register

Similar companies · same sector, comparable size

Of 29,996 companies in this sector we hold annual accounts for 18,400. 15,466 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded06-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0633560943
Also 9925:BE0633560943
Registered 24-11-2023

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

Register as of 30 September 2026 · Peppol Directory

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