Cekoja Partners
ActiveCekoja Partners has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-33k) and a net result of €-63k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-47
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.52 in 2024; short-term debt: 113% and cash: 8.5% of total assets), and equity is negative.
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 70
Relative position
BE, all sectors
reference
Sector 70
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
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 2025Solvency, return and age of the figures
Solvency
-25%
Return on assets
-47.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-33k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
31 d early
2022
31 d late
2021
31 d late
2020
31 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-33k
2024 · €30k
2020: €46k
2021: €67k
2022: €119k
2023: €144k
2024: €30k
2020 → 2025
Total assets
€134k▼ 3.5%
2024 · €138k
2020: €91k
2021: €122k
2022: €159k
2023: €215k
2024: €138k
2020 → 2025
Net result
€-63k▲ 44.4%
2024 · €-114k
2020: €43k
2021: €21k
2022: €52k
2023: €25k
2024: €-114k
2020 → 2025
Working capital
€-87k▼ 67.3%
2024 · €-52k
2020: €45k
2021: €59k
2022: €85k
2023: €75k
2024: €-52k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€119k▲ 76.9%€144k▲ 20.8%€30k▼ 79.2%€-33k
Operating result€26k-€63k▲ 144%€34k▼ 45.4%€-114k€-62k▲ 45.3%
Net result€21k-€52k▲ 146%€25k▼ 52.2%€-114k€-63k▲ 44.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62k in 2025 against €114k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€70k▼ 15.1%
Current assets
€64k▲ 13.5%
Key figures and ratios
EBITDA
€-50k▲
2024 · €-102k
Cash flow
€-51k▲
2024 · €-103k
Solvency
-25.0%▼
2024 · 21.7%
Current ratio
0.42▼
2024 · 0.52
Quick ratio
0.42▼
2024 · 0.52
Debt / equity
-5.00▼
2024 · 3.61
ROA
-47.5%▲
2024 · -82.4%
Interest coverage
-59.21▲
2024 · -313.10
Debt
€167k▲
2024 · €108k
Debt ≤ 1 year
€151k▲
2024 · €108k
Income taxes
€386
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€138k€134k▼
Fixed assets21/28€82k€70k▼
Tangible fixed assets22/27€45k€32k▼
Furniture and vehicles24€45k€32k▼
Financial fixed assets28€37k€37k=
Current assets29/58€56k€64k▲
Amounts receivable after more than one year29€9k€9k=
Trade receivables290€9k€9k=
Amounts receivable within one year40/41€46k€44k▼
Trade receivables40€46k€38k▼
Other amounts receivable41€3€6k▲
Cash at bank and in hand54/58€1k€11k▲
Deferred charges and accrued income490/1-€2
Equity and liabilities
Total equity and liabilities10/49€138k€134k▼
Equity10/15€30k€-33k▼
Contributions10/11€3k€3k=
Reserves13€141k€141k=
Distributable reserves133€141k€141k=
Profit (loss) carried forward14€-114k€-178k▼
Amounts payable17/49€108k€167k▲
Amounts payable within one year42/48€108k€151k▲
Trade debts44€16k€44k▲
Suppliers440/4€16k€44k▲
Advances received on contracts in progress46-€148
Taxes, remuneration and social security45€30k€386▼
Taxes450/3€30k€386▼
Other amounts payable47/48€63k€106k▲
Accrued charges and deferred income492/3-€16k
Income statement
Code20242025
Non-recurring operating income76A-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€108k-
Other operating charges640/8€100€3k▲
Gross operating margin9900€6k€-47k▼
Operating profit (loss)9901€-114k€-62k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€327€842▲
Recurring financial charges65€327€842▲
Profit (loss) for the period before taxes9903€-114k€-63k▲
Income taxes67/77-€386
Profit (loss) for the period9904€-114k€-63k▲
Profit (loss) for the period to be appropriated9905€-114k€-63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-114k€-178k▼
Profit (loss) brought forward from the previous period14P-€-114k
The notes to these accounts (6 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-114k ▼560%
Net result drops to €-114k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €52k ▲146%
Operating result €63k, net result €52k, both a record.
31-12
Financial
Equity above €100kEq €119k ▲76.9%
3 profitable years in a row build equity to €119k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
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, Maaseik · 1 establishment unit since 2020
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.
Van Eycklaan 803680 MaaseikGround area
937 m²
Building footprint
313 m²
Volume, LiDAR
4,730 m³
Parcel 72021A1379/00E000, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Cekoja Partners
since 20202.304.540.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1379/00E000 | Flanders | 937 m² | 1 · 313 m² | 20.1 m · 5 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 82,554 companies in sector 70200 we hold annual accounts for 52,570. 34,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.