CE2L Concept
ActiveSummary
CE2L Concept has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €44k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+28
Solvency60▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 4.2 in 2024; short-term debt: 54.5% and cash: 44.2% of total assets), and 64.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
35.2%
Return on assets
23%
Age of the figures
15 mo
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 19-11-2025, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
7 d early
2023
27 d early
2022
28 d early
2021
63 d early
2020
74 d early
2019
124 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
History
Financials · fiscal year 2025, micro schema
Equity
€67k▼ 18.2%
2024 · €82k
Total assets
€191k▼ 0.9%
2024 · €193k
Net result
€44k▲ 197%
2024 · €15k
Working capital
€40k▼ 59.7%
2024 · €99k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39k▲ 53.5%€21k▼ 46.2%€-19k€54k€98k▲ 82.6%
Net result€27k▲ 54.8%€13k▼ 52.4%€-27k€15k€44k▲ 197%
Equity€159k▲ 0.4%€123k▼ 22.9%€75k▼ 38.8%€82k▲ 9.6%€67k▼ 18.2%
Total assets€198k▼ 11.2%€149k▼ 24.4%€136k▼ 9.2%€193k▲ 42.3%€191k▼ 0.9%
Debt€39k▼ 39.8%€27k▼ 30.8%€15k▼ 44.3%€59k▲ 299%€124k▲ 109%
Working capital€140k=€100k▼ 28.5%€107k▲ 6.7%€99k▼ 7.6%€40k▼ 59.7%
Turnover and EBIT margin not published: the 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 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191k
Fixed assets
€47k ▼ 25.2%
Current assets
€144k ▲ 10.9%
Equity and liabilities €191k
Equity
€67k ▼ 18.2%
Provisions
€0 ▼ 100%
Debt
€124k ▲ 109%
Debt's share of the balance-sheet total rises from 30.8% to 64.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€115k▲
2024 · €65k
Cash flow
€61k▲
2024 · €27k
Current ratio
1.38▼
2024 · 4.20
Debt to equity
1.84▲
2024 · 0.72
ROE
65.3%▲
2024 · 18.0%
ROA
23.0%▲
2024 · 7.7%
Interest coverage
2.32▲
2024 · 1.32
Debt ≤ 1 year
€104k▲
2024 · €31k
Debt > 1 year
€20k▼
2024 · €28k
Income taxes
€6k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €13k | €14k | €12k | €17k | ▲ 44.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €46k | €6k | €-51k | ▼ 1,005% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €52k | €34k | €41k | €72k | €64k | ▼ 10.6% |
| Operating profit (loss)9901 | €39k | €21k | €-19k | €54k | €98k | ▲ 82.6% |
| Financial income75/76B | - | €154 | €464 | €17k | €1k | ▼ 91.8% |
| Recurring financial income75 | €760 | €154 | €464 | €707 | €1k | ▲ 99.9% |
| Non-recurring financial income76B | - | - | - | €17k | - | - |
| Financial charges65/66B | - | €1k | €770 | €50k | €49k | ▼ 0.5% |
| Recurring financial charges65 | €532 | €409 | €770 | €50k | €49k | ▼ 0.5% |
| Non-recurring financial charges66B | - | €671 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €39k | €20k | €-20k | €21k | €50k | ▲ 136% |
| Income taxes67/77 | €12k | €7k | €8k | €6k | €6k | ▼ 6.6% |
| Profit (loss) for the period9904 | €27k | €13k | €-27k | €15k | €44k | ▲ 197% |
| Profit (loss) for the period to be appropriated9905 | €27k | €13k | €-27k | €15k | €44k | ▲ 197% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198k | €149k | €136k | €193k | €191k | ▼ 0.9% |
| Fixed assets21/28 | €30k | €24k | €14k | €63k | €47k | ▼ 25.2% |
| Tangible fixed assets22/27 | €30k | €24k | €14k | €63k | €47k | ▼ 25.2% |
| Furniture and vehicles24 | - | €17k | €6k | €57k | €44k | ▼ 24.1% |
| Other tangible fixed assets26 | - | €7k | €8k | €6k | €4k | ▼ 36.7% |
| Financial fixed assets28 | €38 | €38 | €38 | €38 | €38 | = |
| Current assets29/58 | €167k | €125k | €122k | €130k | €144k | ▲ 10.9% |
| Amounts receivable after more than one year29 | - | - | €10k | €10k | - | - |
| Other amounts receivable291 | - | - | €10k | €10k | - | - |
| Amounts receivable within one year40/41 | €21k | €25k | €34k | €32k | €58k | ▲ 81.9% |
| Trade receivables40 | - | €25k | €34k | €22k | €18k | ▼ 17.2% |
| Other amounts receivable41 | - | €575 | €740 | €10k | €40k | ▲ 300% |
| Cash at bank and in hand54/58 | €126k | €100k | €77k | €88k | €84k | ▼ 3.7% |
| Deferred charges and accrued income490/1 | - | €339 | €386 | €188 | €1k | ▲ 603% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198k | €149k | €136k | €193k | €191k | ▼ 0.9% |
| Equity10/15 | €159k | €123k | €75k | €82k | €67k | ▼ 18.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €138k | €101k | €81k | €76k | €60k | ▼ 20.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €100k | €79k | €74k | €58k | ▼ 21.3% |
| Profit (loss) carried forward14 | €15k | €15k | €-12k | - | €887 | - |
| Provisions and deferred taxes16 | - | - | €46k | €51k | - | - |
| Provisions for liabilities and charges160/5 | - | - | €46k | €51k | - | - |
| Other liabilities and charges164/5 | - | - | €46k | €51k | - | - |
| Amounts payable17/49 | €39k | €27k | €15k | €59k | €124k | ▲ 109% |
| Amounts payable after more than one year17 | €12k | €2k | - | €28k | €20k | ▼ 30.2% |
| Financial debts170/4 | - | €2k | - | €28k | €20k | ▼ 30.2% |
| Amounts payable within one year42/48 | €27k | €25k | €15k | €31k | €104k | ▲ 237% |
| Current portion of amounts payable after more than one year42 | - | €10k | €2k | €8k | €9k | ▲ 4.3% |
| Financial debts43 | - | - | - | €668 | - | - |
| Credit institutions430/8 | - | - | - | €668 | - | - |
| Trade debts44 | €2k | €2k | €7k | €7k | €3k | ▼ 57.1% |
| Suppliers440/4 | - | €2k | €7k | €7k | €3k | ▼ 57.1% |
| Taxes, remuneration and social security45 | - | €5k | €6k | €11k | €12k | ▲ 6.8% |
| Taxes450/3 | - | €2k | €3k | €9k | €12k | ▲ 38.7% |
| Remuneration and social security454/9 | - | €2k | €3k | €3k | - | - |
| Other amounts payable47/48 | - | €8k | - | €4k | €80k | ▲ 2,140% |
| Accrued charges and deferred income492/3 | - | - | - | €130 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €13k | €-27k | €15k | €44k | ▲ 197% |
| + Depreciation and write-downs630 | €12k | €13k | €14k | €12k | €17k | ▲ 44.2% |
| Operating cash flow (approximation) | €39k | €25k | €-13k | €27k | €61k | ▲ 129% |
| Investment in fixed assets (approximation) | - | €-6k | €-3k | €-61k | €-1k | ▲ 98.0% |
| Change in cash | - | €-27k | €-22k | €10k | €-3k | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €44k ▲197%
Operating result €98k, net result €44k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €150kEq €158k ▲12.1%
2 profitable years in a row build equity to €158k.
2019
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-10
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Genesius-Rode · 1 establishment unit since 2013
Ground area
381 m²
Building footprint
115 m²
Volume, LiDAR
1 m³
Parcel 22004C0092/00N000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
Lavendelerf 7, 1640 Sint-Genesius-Rode
since 20132.215.447.138
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004C0092/00N000 | Flanders | 381 m² | 1 · 115 m² | 0.2 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500AFFWDA0QF5B855
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,488 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2013
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.