CEFIN
ActiveCEFIN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.42M and a net result of €130k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 82% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+12
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 24.94 against 19.94 in 2024), and 15.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
84.8%
Return on assets
4.5%
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 26-08-2026, 26 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
26 d late
2024
31 d late
2023
13 d late
2022
4 d early
2021
3 d early
2020
59 d late
2019
85 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.42M▲ 5.6%
2024 · €2.29M
2018: €1.14M
2019: €1.38M
2020: €1.60M
2021: €1.98M
2022: €2.10M
2023: €2.22M
2024: €2.29M
2018 → 2025
Total assets
€2.86M▲ 5.2%
2024 · €2.71M
2018: €1.85M
2019: €1.93M
2020: €2.06M
2021: €2.61M
2022: €2.42M
2023: €2.37M
2024: €2.71M
2018 → 2025
Net result
€130k▲ 83.9%
2024 · €70k
2018: €128k
2019: €235k
2020: €365k
2021: €544k
2022: €120k
2023: €128k
2024: €70k
2018 → 2025
Working capital
€1.08M▲ 77.2%
2024 · €610k
2018: €127k
2019: €290k
2020: €97k
2021: €306k
2022: €814k
2023: €686k
2024: €610k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.98M-€2.10M▲ 6.1%€2.22M▲ 6.1%€2.29M▲ 3.2%€2.42M▲ 5.6%
Operating result€241k-€48k▼ 80.3%€132k▲ 178%€89k▼ 33.0%€74k▼ 16.6%
Net result€544k-€120k▼ 78.0%€128k▲ 6.7%€70k▼ 44.8%€130k▲ 83.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€1.73M▼ 16.5%
Current assets
€1.13M▲ 75.4%
Equity and liabilities €2.86M
Equity
€2.42M▲ 5.6%
Debt
€434k▲ 3.1%
The debt ratio falls from 15.5% to 15.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€81k▼
2024 · €95k
Cash flow
€136k▲
2024 · €77k
Solvency
84.8%▲
2024 · 84.5%
Current ratio
24.94▲
2024 · 19.94
Quick ratio
24.59▲
2024 · 19.45
Debt / equity
0.18▼
2024 · 0.18
ROE
5.3%▲
2024 · 3.1%
ROA
4.5%▲
2024 · 2.6%
Interest coverage
844.60▲
2024 · 6.89
Debt
€434k▲
2024 · €421k
Debt ≤ 1 year
€45k▲
2024 · €32k
Debt > 1 year
€389k=
2024 · €389k
Income taxes
€20k▼
2024 · €24k
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€2.71M€2.86M▲
Fixed assets21/28€2.07M€1.73M▼
Tangible fixed assets22/27€54k€89k▲
Land and buildings22€16k€14k▼
Plant, machinery and equipment23€3k€34k▲
Furniture and vehicles24-€19k
Other tangible fixed assets26€36k€22k▼
Financial fixed assets28€2.02M€1.64M▼
Current assets29/58€642k€1.13M▲
Stocks and contracts in progress3€16k€16k=
Stocks30/36€16k€16k=
Amounts receivable within one year40/41€602k€576k▼
Trade receivables40€35k€49k▲
Other amounts receivable41€567k€527k▼
Cash at bank and in hand54/58€24k€533k▲
Deferred charges and accrued income490/1€39€39=
Equity and liabilities
Total equity and liabilities10/49€2.71M€2.86M▲
Equity10/15€2.29M€2.42M▲
Contributions10/11€56k€56k=
Reserves13€119k€119k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€114k€114k=
Profit (loss) carried forward14€2.12M€2.25M▲
Amounts payable17/49€421k€434k▲
Amounts payable after more than one year17€389k€389k=
Other amounts payable178/9€389k€389k=
Amounts payable within one year42/48€32k€45k▲
Trade debts44€3k€28k▲
Suppliers440/4€3k€28k▲
Taxes, remuneration and social security45€5k€17k▲
Taxes450/3€5k€17k▲
Other amounts payable47/48€24k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€1k€27k▲
Gross operating margin9900€96k€107k▲
Operating profit (loss)9901€89k€74k▼
Financial income75/76B€19k€76k▲
Recurring financial income75€19k€76k▲
Financial charges65/66B€14k€96▼
Recurring financial charges65€14k€96▼
Profit (loss) for the period before taxes9903€94k€150k▲
Income taxes67/77€24k€20k▼
Profit (loss) for the period9904€70k€130k▲
Profit (loss) for the period to be appropriated9905€70k€130k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.12M€2.25M▲
Profit (loss) brought forward from the previous period14P€2.05M€2.12M▲
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €70k ▼44.8%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 19.94
Current ratio from 8.90 to 19.94; short-term debt falls from €87k to €32k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 7.40
Current ratio from 1.95 to 7.40; short-term debt falls from €322k to €127k.
31-12
Financial
Equity above €2MEq €2.10M ▲6.1%
5 profitable years in a row build equity to €2.10M.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €544k ▲48.9%
Operating result €241k, net result €544k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 85 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.70
Current ratio from 1.62 to 3.70; short-term debt falls from €206k to €107k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zoersel · 1 establishment unit since 1994
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.
Dennenlaan 62980 ZoerselGround area
2,104 m²
Parcel 11017A0154/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
CEFIN
since 19942.066.729.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0154/00T000 | Flanders | 2,104 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.
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 17,942 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-04-1994
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.