FTC
ActiveSummary
The computed 12-month bankruptcy probability of FTC is 2.4% (moderate). The 2025 annual accounts show negative equity (€-305k) and a net result of €-250k. Equity is shrinking by ~316.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 9194 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 1.32 in 2024; short-term debt: 146.7% and cash: 51.7% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-305k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-305k▼ 461%
2024 · €-54k
2023: €57k
2024: €-54k
2023 → 2025
Total assets
€22k▼ 40.6%
2024 · €37k
2023: €65k
2024: €37k
2023 → 2025
Net result
€-250k▼ 125%
2024 · €-111k
2023: €-8k
2024: €-111k
2023 → 2025
Working capital
€-11k
2024 · €9k
2023: €57k
2024: €9k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€57k-€-54k€-305k▼ 461%
Operating result€-8k-€-111k▼ 1,304%€-250k▼ 126%
Net result€-8k-€-111k▼ 1,315%€-250k▼ 125%
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 stays negative: a loss of €250k in 2025 against €111k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Assets €22k
Fixed assets
€855
Current assets
€21k
Key figures and ratios
EBITDA
€-250k
Cash flow
€-250k
Current ratio
0.66▼
2024 · 1.32
Debt to equity
-1.07▲
2024 · -1.68
Interest coverage
-6298.25
Debt
€326k▲
2024 · €91k
Debt ≤ 1 year
€32k▲
2024 · €28k
Debt > 1 year
€281k▲
2024 · €50k
A ratio outside any meaningful range has been withheld (balance sheet total €22k, equity €-305k).
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 · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€37k€22k▼
Fixed assets21/28-€855
Tangible fixed assets22/27-€855
Furniture and vehicles24-€855
Current assets29/58€37k€21k▼
Amounts receivable within one year40/41€8k€10k▲
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€29k€11k▼
Deferred charges and accrued income490/1€59€60▲
Equity and liabilities
Total equity and liabilities10/49€37k€22k▼
Equity10/15€-54k€-305k▼
Contributions10/11€65k€65k=
Profit (loss) carried forward14€-119k€-370k▼
Amounts payable17/49€91k€326k▲
Amounts payable after more than one year17€50k€281k▲
Other amounts payable178/9€50k€281k▲
Amounts payable within one year42/48€28k€32k▲
Trade debts44€23k€27k▲
Suppliers440/4€23k€27k▲
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€13k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€53
Other operating charges640/8€468€50k▲
Gross operating margin9900€-110k€-200k▼
Operating profit (loss)9901€-111k€-250k▼
Financial charges65/66B€873€40▼
Recurring financial charges65€873€40▼
Profit (loss) for the period before taxes9903€-111k€-250k▼
Profit (loss) for the period9904€-111k€-250k▼
Profit (loss) for the period to be appropriated9905€-111k€-250k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-119k€-370k▼
Profit (loss) brought forward from the previous period14P€-8k€-119k▼
The notes to these accounts (6 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-250k
Net result drops to €-250k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial 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
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, Turnhout · 2 establishment units since 2023
Ground area
47.3 ha
Building footprint
321 m²
Volume, LiDAR
1,721 m³
2 parcels, Flanders · tallest building 18.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
FTC
since 20232.343.738.645
FTC BV
since 20252.373.617.120
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0731/00E005 | Flanders | 46.8 ha | 1 · 90 m² | 3.7 m · 1 fl. |
| 13040A0018/00A007 | Flanders | 4,087 m² | 1 · 231 m² | 18.6 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,059,750 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,059,750 EUR | 0 EUR |
Schemes
Subsidies bovenlokale sportinfrastructuur of topsportinfrastructuur
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COMNAMUR
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 3,525 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
Founded18-01-2023
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
66300Activities auxiliary to financial services and insurance activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.