CEDELAW
ActiveCEDELAW has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €78k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 27% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency52▲+12
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.11 in 2024), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
29.3%
Return on assets
41.7%
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 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
122 d early
2023
23 d late
2022
31 d late
2021
24 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 48.2%
2024 · €37k
2021: €28k
2022: €35k
2023: €37k
2024: €37k
2021 → 2025
Total assets
€187k▲ 26.4%
2024 · €148k
2021: €91k
2022: €112k
2023: €166k
2024: €148k
2021 → 2025
Net result
€78k▼ 7.1%
2024 · €84k
2021: €25k
2022: €7k
2023: €5k
2024: €84k
2021 → 2025
Working capital
€40k▲ 239%
2024 · €12k
2021: €-4k
2022: €6k
2023: €4k
2024: €12k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€35k▲ 26.8%€37k▲ 4.7%€37k▲ 0.2%€55k▲ 48.2%
Operating result€35k-€10k▼ 72.2%€7k▼ 27.1%€113k▲ 1,487%€107k▼ 5.0%
Net result€25k-€7k▼ 70.0%€5k▼ 30.9%€84k▲ 1,529%€78k▼ 7.1%
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 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€15k▼ 40.0%
Current assets
€171k▲ 40.1%
Equity and liabilities €187k
Equity
€55k▲ 48.2%
Debt
€132k▲ 19.2%
The debt ratio falls from 75.0% to 70.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€119k▼
2024 · €125k
Cash flow
€90k▼
2024 · €96k
Solvency
29.3%▲
2024 · 25.0%
Current ratio
1.30▲
2024 · 1.11
Quick ratio
1.30▲
2024 · 1.11
Debt / equity
2.41▼
2024 · 2.99
ROE
142.1%▼
2024 · 226.7%
ROA
41.7%▼
2024 · 56.7%
Interest coverage
517.00▲
2024 · 359.73
Debt
€132k▲
2024 · €111k
Debt ≤ 1 year
€132k▲
2024 · €111k
Income taxes
€29k▲
2024 · €29k
Staff costs
€15k▼
2024 · €15k
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€148k€187k▲
Fixed assets21/28€25k€15k▼
Intangible fixed assets21€616€395▼
Tangible fixed assets22/27€24k€15k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€17k€9k▼
Financial fixed assets28€175€175=
Current assets29/58€122k€171k▲
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€5k€7k▲
Other amounts receivable41€3k€497▼
Cash at bank and in hand54/58€111k€161k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€148k€187k▲
Equity10/15€37k€55k▲
Contributions10/11€3k€3k=
Reserves13€25k€43k▲
Distributable reserves133€25k€43k▲
Profit (loss) carried forward14€9k€9k=
Amounts payable17/49€111k€132k▲
Amounts payable within one year42/48€111k€132k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€29k€9k▼
Taxes450/3€25k€7k▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€76k€117k▲
Income statement
Code20242025
Remuneration, social security and pensions62€15k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€879€1k▲
Gross operating margin9900€141k€136k▼
Operating profit (loss)9901€113k€107k▼
Financial income75/76B€6€9▲
Recurring financial income75€6€9▲
Financial charges65/66B€348€231▼
Recurring financial charges65€348€231▼
Profit (loss) for the period before taxes9903€113k€107k▼
Income taxes67/77€29k€29k▲
Profit (loss) for the period9904€84k€78k▼
Profit (loss) for the period to be appropriated9905€84k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€87k▼
Profit (loss) brought forward from the previous period14P€9k€9k▲
Transfer to equity691/2-€18k
To other reserves6921-€18k
Profit to be distributed694/7€84k€60k▼
Return on contributions (dividend)694€84k€60k▼
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €84k ▲1529%
Operating result €113k, net result €84k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €5k ▼30.9%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Neupré · 1 establishment unit since 2021
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 Maflot(RR) 14120 NeupréGround area
1,015 m²
Building footprint
70 m²
Volume, LiDAR
655 m³
Parcel 62090C0400/00Y000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CEDELAW
since 20212.315.421.078
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62090C0400/00Y000 | Wallonia | 1,015 m² | 1 · 70 m² | 10.1 m · 3 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.
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Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 7,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2021
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.