Ceed
Annual accounts 2025
micro format, filed on 17-07-2026, 14 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €72,000 and €380,000.
Balance sheet
balance sheet total €66,697 on 31-12-2025in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
66,697 | 85,660 | 104,627 | 114,822 | 124,126 | 130,323 | 139,802 | |
21/28 |
63,564 | 82,195 | 101,206 | 101,144 | 115,631 | 124,576 | 137,971 | |
21 |
59,411 | 71,906 | 84,401 | 96,896 | 109,391 | 121,886 | 134,381 | |
22/27 |
4,153 | 10,289 | 16,804 | 4,248 | 6,240 | 2,690 | 3,590 | |
24 |
4,153 | 10,289 | 16,804 | 4,248 | 6,240 | 2,690 | 3,590 | |
29/58 |
3,133 | 3,465 | 3,421 | 13,677 | 8,495 | 5,746 | 1,830 | |
40/41 |
1,000 | - | - | 10,030 | 1,340 | - | 430 | |
40 |
1,000 | - | - | 10,030 | 1,340 | - | 430 | |
54/58 |
676 | 2,135 | 884 | 3,009 | 5,700 | 5,234 | 756 | |
490/1 |
1,457 | 1,330 | 2,537 | 638 | 1,455 | 513 | 644 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
66,697 | 85,660 | 104,627 | 114,822 | 124,126 | 130,323 | 139,802 | |
10/15 |
-33,070 | -33,316 | -26,278 | -16,921 | -17,565 | -13,763 | -7,411 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | |
14 |
-45,470 | -45,716 | -38,678 | -29,321 | -29,965 | -26,163 | -19,811 | |
17/49 |
99,767 | 118,976 | 130,905 | 131,742 | 141,692 | 144,086 | 147,213 | |
17 |
27,895 | 40,118 | 53,761 | 54,882 | 63,727 | 72,432 | 76,778 | |
170/4 |
27,895 | 40,118 | 53,761 | 54,882 | 63,727 | 72,432 | 76,778 | |
42/48 |
71,873 | 78,858 | 77,144 | 76,861 | 77,964 | 71,653 | 70,435 | |
42 |
12,223 | 13,643 | 13,685 | 8,846 | 8,705 | 9,254 | 8,394 | |
43 |
- | - | - | - | - | 2 | - | |
430/8 |
- | - | - | - | - | 2 | - | |
44 |
1,963 | 1,164 | 272 | 2,635 | 2,252 | 741 | 2,123 | |
440/4 |
1,963 | 1,164 | 272 | 2,635 | 2,252 | 741 | 2,123 | |
45 |
3,034 | 4,096 | 2,043 | 323 | 2,400 | 302 | 3,500 | |
450/3 |
634 | 1,696 | 2,043 | 323 | - | - | - | |
454/9 |
2,400 | 2,400 | - | - | 2,400 | 302 | 3,500 | |
47/48 |
54,652 | 59,955 | 61,144 | 65,057 | 64,607 | 61,354 | 56,418 | |
| Income statement | ||||||||
76A |
- | - | - | - | - | 2,500 | - | |
9900 |
21,216 | 14,187 | 10,117 | 17,103 | 10,551 | 8,627 | 492 | |
62 |
249 | 161 | - | - | - | - | - | |
630 |
18,630 | 19,011 | 16,950 | 14,486 | 13,579 | 13,395 | 16,529 | |
640/8 |
34 | 73 | - | 57 | 55 | 55 | 1,692 | |
9901 |
2,302 | -5,058 | -6,833 | 2,559 | -3,083 | -4,822 | -17,728 | |
75/76B |
- | - | - | - | - | 1 | - | |
75 |
- | - | - | - | - | 1 | - | |
65/66B |
1,721 | 1,682 | 1,905 | 1,348 | 719 | 1,531 | 2,083 | |
65 |
1,721 | 1,682 | 1,905 | 1,348 | 719 | 1,531 | 2,083 | |
9903 |
581 | -6,740 | -8,738 | 1,211 | -3,802 | -6,352 | -19,811 | |
67/77 |
335 | 298 | 619 | 567 | - | - | - | |
9904 |
246 | -7,039 | -9,357 | 645 | -3,802 | -6,352 | -19,811 | |
9905 |
246 | -7,039 | -9,357 | 645 | -3,802 | -6,352 | -19,811 | |
| Appropriation of the result | ||||||||
9906 |
-45,470 | -45,716 | -38,678 | -29,321 | -29,965 | -26,163 | -19,811 | |
14P |
-45,716 | -38,678 | -29,321 | -29,965 | -26,163 | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-07-2026 | 2026-00319276 | |
| 31-12-2024 | micro format | 15-09-2025 | 2025-00491606 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00312192 | |
| 31-12-2022 | micro format | 11-08-2023 | 2023-00328423 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20275636 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38800307 | |
| 31-12-2019 | micro format | 05-06-2020 | 2020-15100123 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 20,933 | 13,953 | 10,117 | 17,046 | 10,496 | 8,573 | -1,200 | ||
| 18,877 | 11,972 | 7,593 | 15,131 | 9,777 | 7,043 | -3,282 | ||
| 0 | 0 | 17,011 | 0 | 4,634 | 0 | 154,500 | ||
| -1,460 | 1,251 | -2,125 | -2,691 | 466 | 4,478 | - | ||
| -68,740 | -75,394 | -73,723 | -63,183 | -69,469 | -65,907 | -68,605 | ||
| -49.6% | -38.9% | -25.1% | -14.7% | -14.2% | -10.6% | -5.3% | ||
| 0.04 | 0.04 | 0.04 | 0.18 | 0.11 | 0.08 | 0.03 | ||
| 0.4% | -8.2% | -8.9% | 0.6% | -3.1% | -4.9% | -14.2% | ||
| 12.16 | 8.29 | 5.31 | 12.65 | 14.60 | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €17,011 | - | €4,634 |
| €18,630 | €19,011 | €16,950 | €14,486 | €13,579 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Ceed
The operating result for 2025 is a profit of €2,302, after a loss of €5,058 in 2024. It is the highest result since 2022.
Equity is negative. Debt (€99,767) exceeds the balance-sheet total (€66,697).