CED SERVICES
ActiveCED SERVICES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €77k. Equity is growing by ~45.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 1289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.49 against 2.35 in 2024), but 57.7% 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 33
Relative position
BE, all sectors
reference
Sector 33
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
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
42.3%
Return on assets
11%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 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
18 d late
2024
on the day
2023
27 d late
2022
10 d late
2021
25 d late
2020
30 d late
2019
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€295k▲ 35.4%
2024 · €218k
2019: €17k
2020: €48k
2021: €67k
2022: €98k
2023: €128k
2024: €218k
2019 → 2025
Total assets
€698k▲ 30.4%
2024 · €535k
2019: €234k
2020: €186k
2021: €174k
2022: €245k
2023: €331k
2024: €535k
2019 → 2025
Net result
€77k▼ 14.3%
2024 · €90k
2019: €-33k
2020: €31k
2021: €19k
2022: €30k
2023: €30k
2024: €90k
2019 → 2025
Working capital
€532k▲ 80.9%
2024 · €294k
2019: €2k
2020: €44k
2021: €76k
2022: €85k
2023: €174k
2024: €294k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€98k▲ 44.9%€128k▲ 30.8%€218k▲ 70.3%€295k▲ 35.4%
Operating result€37k-€54k▲ 46.8%€55k▲ 2.1%€143k▲ 159%€130k▼ 9.3%
Net result€19k-€30k▲ 56.3%€30k▼ 0.8%€90k▲ 199%€77k▼ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €698k
Fixed assets
€47k▲ 105%
Current assets
€651k▲ 27.1%
Equity and liabilities €698k
Equity
€295k▲ 35.4%
Debt
€403k▲ 26.9%
The debt ratio falls from 59.3% to 57.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€143k▼
2024 · €153k
Cash flow
€90k▼
2024 · €100k
Solvency
42.3%▲
2024 · 40.7%
Current ratio
5.49▲
2024 · 2.35
Quick ratio
1.55▲
2024 · 1.27
Debt / equity
1.37▼
2024 · 1.46
ROE
26.1%▼
2024 · 41.3%
ROA
11.0%▼
2024 · 16.8%
Interest coverage
6.87▼
2024 · 13.42
Debt
€403k▲
2024 · €317k
Debt ≤ 1 year
€118k▼
2024 · €218k
Debt > 1 year
€284k▲
2024 · €99k
Income taxes
€32k▼
2024 · €37k
Staff costs
€35k▼
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€535k€698k▲
Fixed assets21/28€23k€47k▲
Tangible fixed assets22/27€17k€41k▲
Plant, machinery and equipment23€2k€9k▲
Furniture and vehicles24€14k€32k▲
Financial fixed assets28€6k€6k=
Current assets29/58€512k€651k▲
Stocks and contracts in progress3€235k€467k▲
Stocks30/36€235k€467k▲
Amounts receivable within one year40/41€209k€179k▼
Trade receivables40€90k€126k▲
Other amounts receivable41€119k€52k▼
Cash at bank and in hand54/58€67k€6k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€535k€698k▲
Equity10/15€218k€295k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€199k€276k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€178k€255k▲
Profit (loss) carried forward14€136€245▲
Amounts payable17/49€317k€403k▲
Amounts payable after more than one year17€99k€284k▲
Financial debts170/4€99k€284k▲
Amounts payable within one year42/48€218k€118k▼
Current portion of amounts payable after more than one year42€11k€32k▲
Financial debts43€4k€31k▲
Credit institutions430/8€4k€31k▲
Trade debts44€120k€4k▼
Suppliers440/4€120k€4k▼
Advances received on contracts in progress46€21k€20k▼
Taxes, remuneration and social security45€48k€14k▼
Taxes450/3€41k€8k▼
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48€14k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€36k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€13k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€191k€183k▼
Operating profit (loss)9901€143k€130k▼
Financial income75/76B-€250
Recurring financial income75-€250
Non-recurring financial income76B-€250
Financial charges65/66B€16k€21k▲
Recurring financial charges65€11k€21k▲
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€127k€109k▼
Income taxes67/77€37k€32k▼
Profit (loss) for the period9904€90k€77k▼
Profit (loss) for the period to be appropriated9905€90k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€77k▼
Profit (loss) brought forward from the previous period14P€102€136▲
Transfer to equity691/2€90k€77k▼
To other reserves6921€90k€77k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
30-06
Financial
Liquidity doublescurrent ratio 5.49
Current ratio from 2.35 to 5.49; short-term debt falls from €218k to €118k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €90k ▲199%
Operating result €143k, net result €90k, both a record.
31-03
Financial
Equity above €200kEq €218k ▲70.3%
5 profitable years in a row build equity to €218k.
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
31-03
Financial
Equity above €100kEq €128k ▲30.8%
4 profitable years in a row build equity to €128k.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 78 days late
2018
30-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full 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
HENNART Cédric
CurrentDirector · since 01-04-2025
01-04-2025
Resigned as Manager
01-04-2025
Appointed as Director
01-04-2025
Appointed as Managing director
01-04-2025
Appointed as Personne déléguée à la gestion journalière
01-04-2025
Appointed as Représentant permanent
Location & real-estate footprint
Registered office, Péruwelz · 1 establishment unit since 2010
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.
Rue du Colombier(WIE) 167608 PéruwelzGround area
2,411 m²
Building footprint
427 m²
Parcel 57090A1470/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CED SERVICES
since 20102.193.230.574
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57090A1470/00F000 | Wallonia | 2,411 m² | 1 · 427 m² | - |
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
R.V. ELECTRICITE
BE 0831.813.305
Dalhem · Eq €293k
Tech 4 Taste
BE 0672.687.575
Wommelgem · Eq €299k
STAROTEC
BE 0665.846.404
Zedelgem · Eq €288k
Atelier D. Leroy
BE 0729.790.089
Eupen · Eq €310k
JRMA AUTOMATION
BE 0700.420.370
Flobecq · Eq €265k
Of 641 companies in sector 33140 we hold annual accounts for 199. 119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2010
Fiscal year end30-06
Activities, NACEBEL
33140Repair and maintenance of electrical equipment
43211General electrical installation work
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.