Cemaco Consulting
ActiveCemaco Consulting has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €1.04M. Equity is growing by ~69.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 7.72 against 25.7 in 2024), and 11.7% 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+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
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
88.3%
Return on assets
87.9%
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 25-08-2026, 25 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 · 5 filingsDeviation from the deadline
2025
25 d late
2024
26 d late
2023
28 d late
2022
25 d late
2021
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.04M▼ 66.3%
2024 · €3.09M
2021: €266k
2022: €893k
2023: €1.91M
2024: €3.09M
2021 → 2025
Total assets
€1.18M▼ 63.3%
2024 · €3.21M
2021: €357k
2022: €1.19M
2023: €2.47M
2024: €3.21M
2021 → 2025
Net result
€1.04M▼ 12.1%
2024 · €1.18M
2021: €261k
2022: €627k
2023: €1.02M
2024: €1.18M
2021 → 2025
Working capital
€896k▼ 68.8%
2024 · €2.87M
2021: €264k
2022: €892k
2023: €1.88M
2024: €2.87M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€266k-€893k▲ 236%€1.91M▲ 114%€3.09M▲ 61.6%€1.04M▼ 66.3%
Operating result€343k-€831k▲ 142%€1.35M▲ 62.1%€1.33M▼ 1.1%€1.25M▼ 5.7%
Net result€261k-€627k▲ 140%€1.02M▲ 62.6%€1.18M▲ 15.6%€1.04M▼ 12.1%
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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€149k▼ 32.4%
Current assets
€1.03M▼ 65.5%
Equity and liabilities €1.18M
Equity
€1.04M▼ 66.3%
Debt
€138k▲ 16.2%
The debt ratio rises from 3.7% to 11.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1.29M▼
2024 · €1.38M
Cash flow
€1.07M▼
2024 · €1.22M
Solvency
88.3%▼
2024 · 96.3%
Current ratio
7.72▼
2024 · 25.70
Quick ratio
7.72▼
2024 · 25.70
Debt / equity
0.13▲
2024 · 0.04
ROE
99.5%▲
2024 · 38.1%
ROA
87.9%▲
2024 · 36.7%
Interest coverage
7.43▼
2024 · 328.87
Debt
€138k▲
2024 · €118k
Debt ≤ 1 year
€133k▲
2024 · €116k
Income taxes
€335k▼
2024 · €336k
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€3.21M€1.18M▼
Fixed assets21/28€220k€149k▼
Tangible fixed assets22/27€220k€149k▼
Furniture and vehicles24€220k€149k▼
Current assets29/58€2.99M€1.03M▼
Amounts receivable after more than one year29€28k€5k▼
Trade receivables290€28k€0▼
Other amounts receivable291-€5k
Amounts receivable within one year40/41€26k€52k▲
Trade receivables40€0€15k▲
Other amounts receivable41€26k€37k▲
Current investments50/53€1.91M€888k▼
Cash at bank and in hand54/58€1.02M€82k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€3.21M€1.18M▼
Equity10/15€3.09M€1.04M▼
Contributions10/11€5k€5k=
Reserves13€3.09M€1.04M▼
Distributable reserves133€3.09M€1.04M▼
Profit (loss) carried forward14-€0
Amounts payable17/49€118k€138k▲
Amounts payable within one year42/48€116k€133k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€75k€88k▲
Taxes450/3€75k€88k▲
Other amounts payable47/48€40k€40k=
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20242025
Non-recurring operating income76A-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€39k▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€1.38M€1.30M▼
Operating profit (loss)9901€1.33M€1.25M▼
Financial income75/76B€188k€290k▲
Recurring financial income75€188k€290k▲
Financial charges65/66B€4k€174k▲
Recurring financial charges65€4k€174k▲
Profit (loss) for the period before taxes9903€1.51M€1.37M▼
Income taxes67/77€336k€335k▼
Profit (loss) for the period9904€1.18M€1.04M▼
Profit (loss) for the period to be appropriated9905€1.18M€1.04M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.18M€1.04M▼
Transfer from equity791/2-€3.09M
Transfer to equity691/2€1.18M€1.04M▼
To other reserves6921€1.18M€1.04M▼
Profit to be distributed694/7-€3.09M
Return on contributions (dividend)694-€3.09M
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (7 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2021net €1.18M ▲15.6%
Net result €1.18M, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 25.70
Current ratio from 4.39 to 25.70; short-term debt falls from €554k to €116k.
31-12
Financial
Equity above €2MEq €3.09M ▲61.6%
4 profitable years in a row build equity to €3.09M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Equity above €1MEq €1.91M ▲114%
3 profitable years in a row build equity to €1.91M.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Equity above €500kEq €893k ▲236%
2 profitable years in a row build equity to €893k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · 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
1 act for this company is 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, Kortrijk · 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.
Rollegemseweg(Kor) 658500 KortrijkGround area
607 m²
Building footprint
145 m²
Volume, LiDAR
758 m³
Parcel 34022E0853/00F000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cemaco Consulting
since 20202.308.914.556
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0853/00F000 | Flanders | 607 m² | 1 · 145 m² | 8.2 m · 2 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 5,672 companies in sector 70100 we hold annual accounts for 3,480. 1,885 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2020
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.