Financials
- Fiscal year
- 2024
- Total assets
- €1.1m
- Loss
- -€60,745
- Solvency
- 19.0%
Total assets▼ 21.7%
Net result
20182024
CEDRUS
ActiveSummary
CEDRUS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €218,548 and a net result of -€60,745. Equity is shrinking by ~12.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
How big
€1.1mtotal assets 2024
- Equity
- €218,548
- Loss
- -€60,745
Turnover not published (abridged schema)
Who decides
- Parent
- MG Real Estate · 99.84%
- Board
- 6 members
Auditor: Ernst & Young BedrijfsrevisorenAccounts 46 d early1 of 9 deeds read
Why 45- Annual accounts: weaker financial profile+ Lower-failure-rate sector+ Lower-risk legal form+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability24▼-2
Solvency44=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.24 in 2023; short-term debt: 81% and cash: 2% of total assets), and 81% of the assets are financed with debt.
Credit check for your own amount and term
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Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
19%
Return on assets
-5.3%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
12 d late
2023
12 d late
2022
42 d early
2021
31 d early
2020
24 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Appointments: MG RE Investment BV…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 6 members
- Parent
- MG Real Estate · 99.84%
- Known shareholders
- 100%
- Auditor
- Ernst & Young Bedrijfsrevisoren
Go to Board & ownership
Network & group
- Group
- Mg Re Invest
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 10-08-2026Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
- 15-06-2026Annual accounts filed
- 12-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 16-07-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?MG RE Invest S.A. · 41 companies How does this company compare with its sector?Sector benchmark
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