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CECIUS IMMO & CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearPréfayhai 41, 4900 Spa, BelgiumKBO/BCE: BE 1021.382.878
Summary

CECIUS IMMO & CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,087 and a net result of €87. Its solvency ranks better than 59% of 1,558 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471416.

Equity
€3,087
Total assets
€10,117
Net result
€87
Working capital
€1,508

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €10,117
Fixed assets €1,579
Current assets €8,539
Equity and liabilities €10,117
Equity €3,087
Debt €7,030
Debt finances 69.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€1,196
Cash flow
€479
Current ratio
1.21
Debt to equity
2.28
ROE
2.8%
ROA
0.9%
Interest coverage
16.78
Debt ≤ 1 year
€7,030
Income taxes
€655

Peer companies

Historical observation

Of the 185 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 98.9% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
0.5% stopped otherwise
98.9% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 185 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€10,117
Fixed assets21/28€1,579
Tangible fixed assets22/27€1,579
Plant, machinery and equipment23€1,579
Current assets29/58€8,539
Amounts receivable within one year40/41€22
Other amounts receivable41€22
Cash at bank and in hand54/58€8,516
Equity and liabilities
Total equity and liabilities10/49€10,117
Equity10/15€3,087
Contributions10/11€3,000
Profit (loss) carried forward14€87
Amounts payable17/49€7,030
Amounts payable within one year42/48€7,030
Trade debts44€1,634
Suppliers440/4€1,634
Taxes, remuneration and social security45€2,415
Taxes450/3€655
Remuneration and social security454/9€1,760
Other amounts payable47/48€2,982
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€392
Other operating charges640/8€1,296
Gross operating margin9900€2,491
Operating profit (loss)9901€804
Financial income75/76B€9
Recurring financial income75€9
Financial charges65/66B€71
Recurring financial charges65€71
Profit (loss) for the period before taxes9903€742
Income taxes67/77€655
Profit (loss) for the period9904€87
Profit (loss) for the period to be appropriated9905€87
Appropriation of the result
Profit (loss) to be appropriated9906€87

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€392
Other operating charges640/8€1,296
Gross operating margin9900€2,491
Operating profit (loss)9901€804
Financial income75/76B€9
Recurring financial income75€9
Financial charges65/66B€71
Recurring financial charges65€71
Profit (loss) for the period before taxes9903€742
Income taxes67/77€655
Profit (loss) for the period9904€87
Profit (loss) for the period to be appropriated9905€87
Line2025
Assets
Total assets20/58€10,117
Fixed assets21/28€1,579
Tangible fixed assets22/27€1,579
Plant, machinery and equipment23€1,579
Current assets29/58€8,539
Amounts receivable within one year40/41€22
Other amounts receivable41€22
Cash at bank and in hand54/58€8,516
Equity and liabilities
Total equity and liabilities10/49€10,117
Equity10/15€3,087
Contributions10/11€3,000
Profit (loss) carried forward14€87
Amounts payable17/49€7,030
Amounts payable within one year42/48€7,030
Trade debts44€1,634
Suppliers440/4€1,634
Taxes, remuneration and social security45€2,415
Taxes450/3€655
Remuneration and social security454/9€1,760
Other amounts payable47/48€2,982
Line2025
Profit (loss) for the period9904€87
+ Depreciation and write-downs630€392
Operating cash flow (approximation)€479

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00471416

Similar companies · same sector, comparable size

Of the 2,987 active companies whose main activity is holiday cottages, homes and apartments (NACE 55203), figures are known for 701. 188 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.