Cedtech
ActiveSummary
Cedtech has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €52k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 23% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+11
Solvency48▼-52
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 5.17 in 2024; short-term debt: 73.3% and cash: 51.8% of total assets), and 76.6% of the assets are financed with debt.
Credit check for your own amount and term
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
23.4%
Return on assets
55.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 23%
← weakest
strongest →
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 23-02-2026, 158 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
158 d early
2024
157 d early
2023
46 d early
2022
49 d early
2021
47 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 88.5%
2024 · €189k
2021: €79k
2022: €93k▲ +17.9% vs 2021
2023: €148k▲ +58.4% vs 2022
2024: €189k▲ +27.6% vs 2023highest in 5 years
2025: €22k▼ -88.5% vs 2024lowest in 5 years
2021 → 2025
Total assets
€93k▼ 62.9%
2024 · €249k
2021: €128k
2022: €224k▲ +74.6% vs 2021
2023: €241k▲ +7.7% vs 2022
2024: €249k▲ +3.3% vs 2023highest in 5 years
2025: €93k▼ -62.9% vs 2024lowest in 5 years
2021 → 2025
Net result
€52k▲ 26.2%
2024 · €41k
2021: €74khighest in 5 years
2022: €14k▼ -80.9% vs 2021lowest in 5 years
2023: €34k▲ +140% vs 2022
2024: €41k▲ +20.2% vs 2023
2025: €52k▲ +26.2% vs 2024
2021 → 2025
Working capital
€-1k
2024 · €164k
2021: €79k
2022: €87k▲ +9.5% vs 2021
2023: €120k▲ +38.8% vs 2022
2024: €164k▲ +36.5% vs 2023highest in 5 years
2025: €-1k▼ -101% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€93k▲ 17.9%€148k▲ 58.4%€189k▲ 27.6%€22k▼ 88.5%
2021: €79k
2022: €93k▲ +17.9% vs 2021
2023: €148k▲ +58.4% vs 2022
2024: €189k▲ +27.6% vs 2023highest in 5 years
2025: €22k▼ -88.5% vs 2024lowest in 5 years
Operating result€95k-€30k▼ 68.7%€47k▲ 57.2%€53k▲ 14.0%€49k▼ 8.8%
2021: €95khighest in 5 years
2022: €30k▼ -68.7% vs 2021lowest in 5 years
2023: €47k▲ +57.2% vs 2022
2024: €53k▲ +14.0% vs 2023
2025: €49k▼ -8.8% vs 2024
Net result€74k-€14k▼ 80.9%€34k▲ 140%€41k▲ 20.2%€52k▲ 26.2%
2021: €74khighest in 5 years
2022: €14k▼ -80.9% vs 2021lowest in 5 years
2023: €34k▲ +140% vs 2022
2024: €41k▲ +20.2% vs 2023
2025: €52k▲ +26.2% vs 2024
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 €93k
Fixed assets
€26k ▼ 43.3%
Current assets
€67k ▼ 67.2%
Equity and liabilities €93k
Equity
€22k ▼ 88.5%
Debt
€71k ▲ 17.6%
Debt's share of the balance-sheet total rises from 24.2% to 76.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€70k▼
2024 · €74k
Cash flow
€73k▲
2024 · €62k
Current ratio
0.98▼
2024 · 5.17
Debt to equity
3.27▲
2024 · 0.32
ROE
238.5%▲
2024 · 21.7%
ROA
55.8%▲
2024 · 16.4%
Interest coverage
175.36▲
2024 · 40.20
Debt ≤ 1 year
€68k▲
2024 · €39k
Debt > 1 year
€3k▼
2024 · €21k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17k | €20k | €21k | €21k | ▲ 1.8% |
| Other operating charges640/8 | €1k | €159 | €2k | €791 | €585 | ▼ 26.0% |
| Gross operating margin9900 | €96k | €47k | €68k | €75k | €70k | ▼ 6.1% |
| Operating profit (loss)9901 | €95k | €30k | €47k | €53k | €49k | ▼ 8.8% |
| Financial income75/76B | €1 | €152 | €150 | €1k | €17k | ▲ 1,473% |
| Recurring financial income75 | €1 | €152 | €150 | €1k | €17k | ▲ 1,473% |
| Financial charges65/66B | €771 | €683 | €3k | €2k | €397 | ▼ 78.4% |
| Recurring financial charges65 | €771 | €683 | €3k | €2k | €397 | ▼ 78.4% |
| Profit (loss) for the period before taxes9903 | €94k | €29k | €44k | €53k | €65k | ▲ 23.7% |
| Income taxes67/77 | €20k | €15k | €10k | €12k | €13k | ▲ 14.8% |
| Profit (loss) for the period9904 | €74k | €14k | €34k | €41k | €52k | ▲ 26.2% |
| Profit (loss) for the period to be appropriated9905 | €74k | €14k | €34k | €41k | €52k | ▲ 26.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €224k | €241k | €249k | €93k | ▼ 62.9% |
| Fixed assets21/28 | - | €80k | €66k | €46k | €26k | ▼ 43.3% |
| Tangible fixed assets22/27 | - | €80k | €66k | €46k | €26k | ▼ 43.3% |
| Plant, machinery and equipment23 | - | - | - | - | €937 | - |
| Furniture and vehicles24 | - | €80k | €63k | €43k | €23k | ▼ 46.2% |
| Other tangible fixed assets26 | - | - | €3k | €2k | €2k | ▼ 27.1% |
| Current assets29/58 | €128k | €144k | €175k | €204k | €67k | ▼ 67.2% |
| Amounts receivable within one year40/41 | €23k | €15k | €14k | €19k | €18k | ▼ 5.1% |
| Trade receivables40 | €21k | €13k | €14k | €16k | €16k | ▲ 4.8% |
| Other amounts receivable41 | €2k | €2k | €158 | €4k | €2k | ▼ 47.4% |
| Current investments50/53 | €7k | €129k | €54k | €66k | - | - |
| Cash at bank and in hand54/58 | €98k | - | €102k | €118k | €48k | ▼ 59.5% |
| Deferred charges and accrued income490/1 | - | - | €5k | €160 | €376 | ▲ 135% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €224k | €241k | €249k | €93k | ▼ 62.9% |
| Equity10/15 | €79k | €93k | €148k | €189k | €22k | ▼ 88.5% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €74k | €74k | €143k | €184k | €17k | ▼ 90.9% |
| Distributable reserves133 | €74k | €74k | €143k | €184k | €17k | ▼ 90.9% |
| Profit (loss) carried forward14 | - | €14k | - | - | - | - |
| Amounts payable17/49 | €49k | €131k | €93k | €60k | €71k | ▲ 17.6% |
| Amounts payable after more than one year17 | - | €73k | €39k | €21k | €3k | ▼ 85.6% |
| Financial debts170/4 | - | €73k | €39k | €21k | €3k | ▼ 85.6% |
| Amounts payable within one year42/48 | €49k | €57k | €55k | €39k | €68k | ▲ 72.1% |
| Current portion of amounts payable after more than one year42 | €18k | €16k | €23k | €18k | €18k | ▲ 1.1% |
| Trade debts44 | €223 | €1k | €1k | €123 | - | - |
| Suppliers440/4 | €223 | €1k | €1k | €123 | - | - |
| Taxes, remuneration and social security45 | €9k | €8k | €11k | €8k | €8k | ▼ 6.9% |
| Taxes450/3 | €9k | €8k | €8k | €8k | €8k | ▼ 6.9% |
| Remuneration and social security454/9 | - | - | €3k | - | - | - |
| Other amounts payable47/48 | €22k | €32k | €20k | €13k | €42k | ▲ 215% |
| Accrued charges and deferred income492/3 | - | - | - | - | €42 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €14k | €34k | €41k | €52k | ▲ 26.2% |
| + Depreciation and write-downs630 | - | €17k | €20k | €21k | €21k | ▲ 1.8% |
| Operating cash flow (approximation) | €74k | €32k | €54k | €62k | €73k | ▲ 18.0% |
| Investment in fixed assets (approximation) | - | - | €-6k | €0 | €-1k | - |
| Change in cash | - | - | - | €16k | €-70k | ▼ 527% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €189k ▲27.6%
4 profitable years in a row build equity to €189k.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €148k ▲58.4%
3 profitable years in a row build equity to €148k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €14k ▼80.9%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Mol · 1 establishment unit since 2020
Ground area
411 m²
Building footprint
104 m²
Parcel 13435C0078/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
Cedtech
since 20202.310.379.850
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C0078/00B002 | Flanders | 411 m² | 1 · 104 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500E01F7562D7C017
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,303 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.