C.E-solutions
ActiveThe computed 12-month bankruptcy probability of C.E-solutions is 3.0% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-11k. Equity is shrinking by ~39.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 29% of 27619 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-7
Solvency53▼-9
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.55 against 1.54 in 2024; short-term debt: 45.4% and cash: 0.1% of total assets), but 71.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
28.3%
Return on assets
-24.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
26 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 46.7%
2024 · €23k
2023: €31k
2024: €23k
2023 → 2025
Total assets
€43k▼ 30.8%
2024 · €63k
2023: €60k
2024: €63k
2023 → 2025
Net result
€-11k▼ 44.2%
2024 · €-7k
2023: €28k
2024: €-7k
2023 → 2025
Working capital
€11k▼ 29.1%
2024 · €15k
2023: €24k
2024: €15k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€31k-€23k▼ 24.5%€12k▼ 46.7%
Operating result€37k-€-5k€-8k▼ 62.2%
Net result€28k-€-7k€-11k▼ 44.2%
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 €8k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€13k▼ 33.0%
Current assets
€31k▼ 29.8%
Equity and liabilities €43k
Equity
€12k▼ 46.7%
Debt
€31k▼ 21.5%
The debt ratio rises from 63.2% to 71.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €872
Cash flow
€-4k▼
2024 · €-2k
Solvency
28.3%▼
2024 · 36.8%
Current ratio
1.55▲
2024 · 1.54
Quick ratio
1.55▲
2024 · 1.54
Debt / equity
2.54▲
2024 · 1.72
ROE
-87.8%▼
2024 · -32.4%
ROA
-24.8%▼
2024 · -11.9%
Interest coverage
-0.54▼
2024 · 0.35
Debt
€31k▼
2024 · €40k
Debt ≤ 1 year
€20k▼
2024 · €28k
Debt > 1 year
€11k=
2024 · €11k
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
Balance sheet
Code20242025
Assets
Total assets20/58€63k€43k▼
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€17k€12k▼
Current assets29/58€44k€31k▼
Amounts receivable within one year40/41€40k€31k▼
Trade receivables40€21k€22k▲
Other amounts receivable41€19k€8k▼
Cash at bank and in hand54/58€3k€46▼
Deferred charges and accrued income490/1€45-
Equity and liabilities
Total equity and liabilities10/49€63k€43k▼
Equity10/15€23k€12k▼
Contributions10/11€3k€3k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€175€-11k▼
Amounts payable17/49€40k€31k▼
Amounts payable after more than one year17€11k€11k=
Financial debts170/4€11k€11k=
Amounts payable within one year42/48€28k€20k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Advances received on contracts in progress46€11k€13k▲
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€8k€4k▼
Remuneration and social security454/9€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€1k€801▼
Non-recurring operating charges66A-€42
Gross operating margin9900€2k€-950▼
Operating profit (loss)9901€-5k€-8k▼
Financial income75/76B-€676
Recurring financial income75-€676
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-7k€-11k▼
Profit (loss) for the period9904€-7k€-11k▼
Profit (loss) for the period to be appropriated9905€-7k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-11k▼
Profit (loss) brought forward from the previous period14P€2k€175▼
Transfer from equity791/2€6k-
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2022
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.
Albertkanaalstraat 25A3511 HasseltGround area
256 m²
Building footprint
120 m²
Volume, LiDAR
789 m³
Parcel 71032A0087/00M000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TWILIGHTDESIGNS 3D
since 20222.330.071.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71032A0087/00M000 | Flanders | 256 m² | 1 · 120 m² | 9.5 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.
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MIDA ELEC
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 6,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33130Repair, maintenance and installation of machinery and equipment
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.