C'EST DIVIN
ActiveC'EST DIVIN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €640k and a net result of €53k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-39
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 2.84 in 2024), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
60.2%
Return on assets
5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 10 filingsDeviation from the deadline
2025
21 d late
2024
22 d late
2023
28 d late
2022
10 d late
2021
11 d early
2020
18 d late
2019
4 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€640k▲ 9.1%
2024 · €586k
2018: €232k
2019: €454k
2020: €453k
2021: €450k
2022: €495k
2023: €492k
2024: €586k
2018 → 2025
Total assets
€1.06M▲ 4.2%
2024 · €1.02M
2018: €614k
2019: €1.22M
2020: €1.19M
2021: €1.17M
2022: €1.15M
2023: €1.11M
2024: €1.02M
2018 → 2025
Net result
€53k▼ 43.9%
2024 · €95k
2018: €21k
2019: €222k
2020: €-725
2021: €-3k
2022: €46k
2023: €-4k
2024: €95k
2018 → 2025
Working capital
€221k▲ 30.0%
2024 · €170k
2018: €-87k
2019: €-87k
2020: €-89k
2021: €-106k
2022: €-84k
2023: €-105k
2024: €170k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€450k-€495k▲ 10.1%€492k▼ 0.7%€586k▲ 19.2%€640k▲ 9.1%
Operating result€12k-€59k▲ 387%€8k▼ 87.1%€139k▲ 1,737%€72k▼ 48.1%
Net result€-3k-€46k€-4k€95k€53k▼ 43.9%
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 falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€737k▼ 2.7%
Current assets
€326k▲ 24.3%
Equity and liabilities €1.06M
Equity
€640k▲ 9.1%
Provisions
€131k▼ 3.0%
Debt
€292k▼ 2.0%
The debt ratio falls from 29.2% to 27.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€94k▼
2024 · €160k
Cash flow
€75k▼
2024 · €116k
Solvency
60.2%▲
2024 · 57.5%
Current ratio
3.10▲
2024 · 2.84
Quick ratio
3.10▲
2024 · 2.84
Debt / equity
0.46▼
2024 · 0.51
ROE
8.3%▼
2024 · 16.1%
ROA
5.0%▼
2024 · 9.3%
Interest coverage
9.55▼
2024 · 9.66
Debt
€292k▼
2024 · €298k
Debt ≤ 1 year
€105k▲
2024 · €92k
Debt > 1 year
€186k▼
2024 · €205k
Income taxes
€17k▼
2024 · €36k
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€1.02M€1.06M▲
Fixed assets21/28€758k€737k▼
Tangible fixed assets22/27€756k€736k▼
Land and buildings22€744k€726k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€1k€745▼
Current assets29/58€262k€326k▲
Amounts receivable after more than one year29-€200k
Other amounts receivable291-€200k
Amounts receivable within one year40/41€7k€61k▲
Trade receivables40€5k€8k▲
Other amounts receivable41€2k€53k▲
Cash at bank and in hand54/58€255k€65k▼
Deferred charges and accrued income490/1€294€470▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.06M▲
Equity10/15€586k€640k▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€341k€332k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€339k€329k▼
Distributable reserves133€36€36=
Profit (loss) carried forward14€96k€159k▲
Provisions and deferred taxes16€135k€131k▼
Deferred taxes168€135k€131k▼
Amounts payable17/49€298k€292k▼
Amounts payable after more than one year17€205k€186k▼
Financial debts170/4€205k€186k▼
Amounts payable within one year42/48€92k€105k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Financial debts43€22k€30k▲
Credit institutions430/8€22k€30k▲
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€42k€55k▲
Taxes450/3€42k€55k▲
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3€615€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€9k€9k▼
Gross operating margin9900€170k€102k▼
Operating profit (loss)9901€139k€72k▼
Financial income75/76B€420€4k▲
Recurring financial income75€420€4k▲
Financial charges65/66B€17k€10k▼
Recurring financial charges65€17k€10k▼
Profit (loss) for the period before taxes9903€123k€66k▼
Transfer from deferred taxes780€35k€4k▼
Transfer to deferred taxes680€27k-
Income taxes67/77€36k€17k▼
Profit (loss) for the period9904€95k€53k▼
Transfer from tax-exempt reserves789€70k€10k▼
Transfer to tax-exempt reserves689€82k-
Profit (loss) for the period to be appropriated9905€83k€63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€159k▲
Profit (loss) brought forward from the previous period14P€14k€96k▲
The notes to these accounts (7 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €95k
Net result €95k after one loss-making year.
31-12
Financial
Liquidity times 178current ratio 2.84
Current ratio from 0.02 to 2.84; short-term debt falls from €106k to €92k.
31-12
Financial
Equity above €500kEq €586k ▲19.2%
Equity rises from €492k to €586k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼108%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Highest result since 2018net €222k ▲944%
Operating result €363k, net result €222k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Yves DUCOBU
CurrentManaging director · since 19-08-2013
10-12-2025
Appointed as Managing director
17-10-2019
Appointed as Managing director
19-08-2013
Appointed as Managing director
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 1991
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.
Kerkstraat 641150 Sint-Pieters-WoluweGround area
1,596 m²
Building footprint
287 m²
Volume, LiDAR
3,812 m³
Parcel 21683D0089/00R000, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LE MUCHA
since 19912.051.018.577
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0089/00R000 | Brussels | 1,596 m² | 1 · 287 m² | 16.7 m · 5 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
TOKAPI & Co
BE 0682.405.094
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DAMORIN
BE 0437.807.520
Brussel · Eq €640k
Business for Growth
BE 0727.594.426
Deinze · Eq €639k
Accounting Compagnie
BE 0859.907.473
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ALCADI
BE 0446.577.211
Mechelen · Eq €639k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 32,370 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-12-1990
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.