CTB INVEST
ActiveSummary
CTB INVEST has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277k and a net result of €27k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-2
Solvency54▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.13 in 2024; short-term debt: 46.7% and cash: 3.2% of total assets), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
28.5%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
12 d early
2022
17 d early
2021
3 d early
2020
15 d early
2019
1 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€277k▲ 10.6%
2024 · €251k
2018: €107k
2019: €129k
2020: €154k
2021: €180k
2022: €207k
2023: €213k
2024: €251k
2018 → 2025
Total assets
€973k▼ 5.2%
2024 · €1.03M
2018: €834k
2019: €860k
2020: €787k
2021: €739k
2022: €696k
2023: €682k
2024: €1.03M
2018 → 2025
Net result
€27k▼ 29.3%
2024 · €38k
2018: €23k
2019: €21k
2020: €25k
2021: €27k
2022: €26k
2023: €7k
2024: €38k
2018 → 2025
Working capital
€-396k▲ 6.9%
2024 · €-426k
2018: €-127k
2019: €-153k
2020: €-176k
2021: €-197k
2022: €-222k
2023: €-266k
2024: €-426k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€207k▲ 14.5%€213k▲ 3.3%€251k▲ 17.6%€277k▲ 10.6%
Operating result€52k-€54k▲ 3.0%€27k▼ 49.9%€73k▲ 170%€73k▲ 0.6%
Net result€27k-€26k▼ 1.4%€7k▼ 74.3%€38k▲ 457%€27k▼ 29.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973k
Fixed assets
€915k ▼ 4.8%
Current assets
€58k ▼ 10.9%
Equity and liabilities €973k
Equity
€277k ▲ 10.6%
Debt
€696k ▼ 10.3%
Debt's share of the balance-sheet total falls from 75.5% to 71.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€126k▲
2024 · €109k
Cash flow
€79k▲
2024 · €74k
Current ratio
0.13▼
2024 · 0.13
Debt to equity
2.51▼
2024 · 3.09
ROE
9.6%▼
2024 · 15.0%
ROA
2.7%▼
2024 · 3.7%
Interest coverage
3.50▼
2024 · 3.53
Debt ≤ 1 year
€454k▼
2024 · €490k
Debt > 1 year
€230k▼
2024 · €273k
Income taxes
€12k▲
2024 · €5k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€973k▼
Fixed assets21/28€961k€915k▼
Tangible fixed assets22/27€961k€915k▼
Land and buildings22€952k€910k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€309-
Current assets29/58€65k€58k▼
Amounts receivable within one year40/41€30k€21k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€21k€17k▼
Cash at bank and in hand54/58€30k€31k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€973k▼
Equity10/15€251k€277k▲
Contributions10/11€20k€20k=
Reserves13€35k€35k=
Tax-exempt reserves132€55€55=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€196k€222k▲
Amounts payable17/49€775k€696k▼
Amounts payable after more than one year17€273k€230k▼
Financial debts170/4€273k€230k▼
Amounts payable within one year42/48€490k€454k▼
Current portion of amounts payable after more than one year42€94k€50k▼
Trade debts44€13k€5k▼
Suppliers440/4€13k€5k▼
Other amounts payable47/48€384k€399k▲
Accrued charges and deferred income492/3€12k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€53k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€115k€132k▲
Operating profit (loss)9901€73k€73k▲
Financial income75/76B€589€700▲
Recurring financial income75€589€700▲
Financial charges65/66B€31k€36k▲
Recurring financial charges65€31k€36k▲
Profit (loss) for the period before taxes9903€42k€38k▼
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€38k€27k▼
Profit (loss) for the period to be appropriated9905€38k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€196k€222k▲
Profit (loss) brought forward from the previous period14P€158k€196k▲
The notes to these accounts (14 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €38k ▲457%
Net result €38k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼74.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €207k ▲14.5%
5 profitable years in a row build equity to €207k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €154k ▲19.7%
3 profitable years in a row build equity to €154k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-07
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
2 acts for this company are 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, Wuustwezel · 1 establishment unit since 2009
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.
Wachelbergen 462990 WuustwezelGround area
783 m²
Building footprint
135 m²
Volume, LiDAR
730 m³
Parcel 11053C0470/00C006, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CTB INVEST
since 20092.178.568.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053C0470/00C006 | Flanders | 783 m² | 1 · 135 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RAYALO
BE 0816.610.039
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ACCESS
BE 0415.856.222
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Jumat
BE 0726.932.747
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INTERNATIONAL MARINE CONSULTANCY
BE 0475.852.702
Antwerpen · Eq €275,476
G.D. ADVICE
BE 0838.862.334
Wavre · Eq €275,111
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,763 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
Founded29-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
66210Risk and damage evaluation
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.