CEBO
ActiveCEBO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+20
Solvency42▼-29
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.3 against 1.87 in 2023; short-term debt: 83.5% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 2024Solvency, return and age of the figures
Solvency
16.5%
Return on assets
10.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
2024
29 d late
2023
on the day
2021
199 d late
2020
24 d late
2019
3 d early
2018
3 d early
2017
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 171%
2023 · €5k
2019: €17k
2020: €2k
2021: €-12k
2023: €5k
2019 → 2024
Total assets
€89k▲ 660%
2023 · €12k
2019: €19k
2020: €10k
2021: €7k
2023: €12k
2019 → 2024
Net result
€9k▲ 726%
2023 · €1k
2019: €-14k
2020: €-15k
2021: €-14k
2023: €1k
2019 → 2024
Working capital
€-52k
2023 · €5k
2019: €15k
2020: €937
2021: €-13k
2023: €5k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€17k-€2k▼ 87.1%€-12k€5k€15k▲ 171%
Operating result€-15k-€-15k▼ 3.0%€-14k▲ 5.2%€2k€9k▲ 417%
Net result€-14k-€-15k▼ 9.9%€-14k▲ 3.4%€1k€9k▲ 726%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 417% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€67k
Current assets
€22k
Equity and liabilities €89k
Equity
€15k▲ 171%
Debt
€74k▲ 1,084%
The debt ratio rises from 53.6% to 83.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k
Cash flow
€15k
Solvency
16.5%▼
2023 · 46.4%
Current ratio
0.30▼
2023 · 1.87
Quick ratio
0.30▼
2023 · 1.87
Debt / equity
5.04▲
2023 · 1.15
ROE
63.1%▲
2023 · 20.7%
ROA
10.4%▲
2023 · 9.6%
Interest coverage
183.26
Debt
€74k▲
2023 · €6k
Debt ≤ 1 year
€74k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€12k€89k▲
Fixed assets21/28-€67k
Tangible fixed assets22/27-€67k
Plant, machinery and equipment23-€20k
Furniture and vehicles24-€47k
Current assets29/58€12k€22k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€10k€9k▼
Other amounts receivable41-€5k
Current investments50/53-€7k
Cash at bank and in hand54/58€2k-
Equity and liabilities
Total equity and liabilities10/49€12k€89k▲
Equity10/15€5k€15k▲
Contributions10/11€19k€20k▲
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€-15k€-6k▲
Amounts payable17/49€6k€74k▲
Amounts payable within one year42/48€6k€74k▲
Trade debts44-€11k
Suppliers440/4-€11k
Taxes, remuneration and social security45-€68
Taxes450/3-€68
Other amounts payable47/48€6k€63k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6k
Other operating charges640/8€860€727▼
Gross operating margin9900€3k€16k▲
Operating profit (loss)9901€2k€9k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€685€82▼
Recurring financial charges65€685€82▼
Profit (loss) for the period before taxes9903€1k€9k▲
Profit (loss) for the period9904€1k€9k▲
Profit (loss) for the period to be appropriated9905€1k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-6k▲
Profit (loss) brought forward from the previous period14P€-16k€-15k▲
Transfer from equity791/2-€2k
Transfer to equity691/2-€2k
To contributions691-€2k
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €9k ▲726%
Operating result €9k, net result €9k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
30-06
Financial
Liquidity times 6current ratio 1.87
Current ratio from 0.31 to 1.87; short-term debt falls from €19k to €6k.
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 199 days late
2021
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-06
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
15-01
NBB filing
Annual accounts filed
fiscal year 2014 · 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, Kortrijk · 1 establishment unit since 2011
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.
't Rode Paard(Bel) 188510 KortrijkGround area
778 m²
Building footprint
144 m²
Volume, LiDAR
563 m³
Parcel 34005C0117/00S000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CEBO
since 20112.199.216.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005C0117/00S000 | Flanders | 778 m² | 1 · 144 m² | 5.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 911 EUR awarded · 911 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 89 EUR |
| 2024 | 1 | 911 EUR | 822 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Genk · Eq €15k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,499 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43240Other construction installation
43299Specialised construction activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.