Bouwonderneming Ceuterick
ActiveSummary
Bouwonderneming Ceuterick has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.66M and a net result of €188k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 6.12 against 6.45 in 2024; short-term debt: 12.7% and cash: 23.1% of total assets), and 17.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
82.3%
Return on assets
4.2%
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
38 d early
2023
27 d early
2022
28 d early
2021
38 d early
2020
15 d early
2019
3 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
€3.66M▼ 2.4%
2024 · €3.75M
2018: €2.86M
2019: €2.96M
2020: €3.28M
2021: €3.63M
2022: €3.63M
2023: €3.62M
2024: €3.75M
2018 → 2025
Total assets
€4.44M▼ 6.8%
2024 · €4.77M
2018: €3.48M
2019: €3.63M
2020: €3.96M
2021: €4.77M
2022: €4.78M
2023: €4.97M
2024: €4.77M
2018 → 2025
Net result
€188k▼ 18.9%
2024 · €232k
2018: €44k
2019: €110k
2020: €314k
2021: €349k
2022: €98k
2023: €-8k
2024: €232k
2018 → 2025
Working capital
€2.89M▼ 9.1%
2024 · €3.19M
2018: €2.23M
2019: €2.33M
2020: €2.72M
2021: €3.15M
2022: €2.90M
2023: €3.17M
2024: €3.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.63M-€3.63M=€3.62M▼ 0.2%€3.75M▲ 3.7%€3.66M▼ 2.4%
Operating result€480k-€164k▼ 65.8%€80k▼ 51.1%€398k▲ 395%€284k▼ 28.8%
Net result€349k-€98k▼ 71.8%€-8k€232k€188k▼ 18.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.44M
Fixed assets
€983k ▼ 1.4%
Current assets
€3.46M ▼ 8.2%
Equity and liabilities €4.44M
Equity
€3.66M ▼ 2.4%
Debt
€785k ▼ 22.8%
The debt ratio falls from 21.3% to 17.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€462k▼
2024 · €595k
Cash flow
€367k▼
2024 · €429k
Current ratio
6.12▼
2024 · 6.45
Debt / equity
0.21▼
2024 · 0.27
ROE
5.2%▼
2024 · 6.2%
ROA
4.2%▼
2024 · 4.9%
Interest coverage
8.98▲
2024 · 6.61
Debt ≤ 1 year
€566k▼
2024 · €585k
Debt > 1 year
€219k▼
2024 · €432k
Income taxes
€70k▼
2024 · €105k
Staff costs
€324k▲
2024 · €299k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.77M€4.44M▼
Fixed assets21/28€997k€983k▼
Tangible fixed assets22/27€865k€852k▼
Land and buildings22€496k€497k▲
Plant, machinery and equipment23€232k€141k▼
Furniture and vehicles24€138k€214k▲
Financial fixed assets28€132k€132k=
Current assets29/58€3.77M€3.46M▼
Amounts receivable within one year40/41€1.06M€1.18M▲
Trade receivables40-€3k
Other amounts receivable41€1.06M€1.18M▲
Cash at bank and in hand54/58€1.80M€1.03M▼
Deferred charges and accrued income490/1€916k€1.25M▲
Equity and liabilities
Total equity and liabilities10/49€4.77M€4.44M▼
Equity10/15€3.75M€3.66M▼
Contributions10/11€19k€19k=
Reserves13€2.19M€2.04M▼
Tax-exempt reserves132-€63k
Distributable reserves133€2.19M€1.97M▼
Profit (loss) carried forward14€1.54M€1.61M▲
Amounts payable17/49€1.02M€785k▼
Amounts payable after more than one year17€432k€219k▼
Financial debts170/4€432k€219k▼
Amounts payable within one year42/48€585k€566k▼
Current portion of amounts payable after more than one year42€235k€212k▼
Trade debts44€130k€25k▼
Suppliers440/4€130k€25k▼
Taxes, remuneration and social security45€126k€63k▼
Taxes450/3€101k€33k▼
Remuneration and social security454/9€25k€30k▲
Other amounts payable47/48€95k€266k▲
Income statement
Code20242025
Non-recurring operating income76A-€48k
Remuneration, social security and pensions62€299k€324k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€197k€179k▼
Other operating charges640/8€31k€26k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€925k€815k▼
Operating profit (loss)9901€398k€284k▼
Financial income75/76B€31k€26k▼
Recurring financial income75€31k€26k▼
Financial charges65/66B€92k€52k▼
Recurring financial charges65€90k€52k▼
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€338k€259k▼
Income taxes67/77€105k€70k▼
Profit (loss) for the period9904€232k€188k▼
Transfer to tax-exempt reserves689-€63k
Profit (loss) for the period to be appropriated9905€232k€125k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.76M€1.67M▼
Profit (loss) brought forward from the previous period14P€1.53M€1.54M▲
Transfer from equity791/2€100k€280k▲
Transfer to equity691/2€220k€60k▼
To other reserves6921€220k€60k▼
Profit to be distributed694/7€100k€280k▲
Return on contributions (dividend)694€100k€280k▲
Social balance
Average headcount (FTE)90875.25.0▼
The notes to these accounts (12 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €232k
Net result €232k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-8k ▼108%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €349k ▲11.2%
Operating result €480k, net result €349k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
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
4 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, Knokke-Heist · 1 establishment unit since 1990
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.
Dorpsstraat 18300 Knokke-HeistGround area
6,736 m²
Building footprint
2,262 m²
Volume, LiDAR
16,910 m³
2 parcels, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bouwonderneming Ceuterick
since 19902.047.809.461
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31810N0209/00T000 | Flanders | 4,999 m² | 1 · 1,533 m² | 9.3 m · 3 fl. |
| 31039E0093/00K000 | Flanders | 1,737 m² | 1 · 729 m² | 8.8 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
2022 to 2025 · 5 entries · 960 EUR awarded · 960 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 227 EUR | 227 EUR |
| 2024 | 1 | 362 EUR | 362 EUR |
| 2023 | 2 | 270 EUR | 270 EUR |
| 2022 | 1 | 101 EUR | 101 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
2 categoriesBouwonderneming Ceuterick BV24204
Similar companies · same sector, comparable size
Groep Dillen
BE 0440.358.719
Balen · Eq €3.66M
BATIMONT
BE 0504.978.832
Roeselare · Eq €3.65M
K.B.A.
BE 0834.535.936
Aalter · Eq €3.65M
LENAERS BOUW
BE 0444.237.036
Tongeren-Borgloon · Eq €3.67M
Beneens bouw en interieur
BE 0407.872.231
Olen · Eq €3.64M
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 2,530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-1990
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
45212
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.