CenCe
ActiveSummary
CenCe has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €37k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency32▼-24
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.38 in 2024; short-term debt: 73.8% and cash: 60.7% of total assets), and 92.6% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
7.4%
Return on assets
29.3%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 15%
← 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 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
17 d early
2023
14 d early
2022
38 d early
2021
40 d early
2020
40 d early
2019
17 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
€9k▼ 65.7%
2024 · €27k
2018: €20k
2019: €20k● 0.0% vs 2018
2020: €24k▲ +15.1% vs 2019
2021: €38k▲ +60.7% vs 2020
2022: €68k▲ +79.4% vs 2021highest in 8 years
2023: €50k▼ -26.0% vs 2022
2024: €27k▼ -46.1% vs 2023
2025: €9k▼ -65.7% vs 2024lowest in 8 years
2018 → 2025
Total assets
€125k▲ 41.9%
2024 · €88k
2018: €41klowest in 8 years
2019: €86k▲ +111% vs 2018
2020: €58k▼ -32.6% vs 2019
2021: €91k▲ +58.4% vs 2020
2022: €87k▼ -4.8% vs 2021
2023: €92k▲ +6.3% vs 2022
2024: €88k▼ -4.4% vs 2023
2025: €125k▲ +41.9% vs 2024highest in 8 years
2018 → 2025
Net result
€37k
2024 · €-23k
2018: €13k
2019: €27k▲ +102% vs 2018
2020: €3k▼ -88.7% vs 2019
2021: €32k▲ +937% vs 2020
2022: €30k▼ -5.9% vs 2021
2023: €17k▼ -44.5% vs 2022
2024: €-23k▼ -239% vs 2023lowest in 8 years
2025: €37k▲ +259% vs 2024highest in 8 years
2018 → 2025
Working capital
€-4k
2024 · €11k
2018: €8k
2019: €9k▲ +6.5% vs 2018
2020: €16k▲ +79.8% vs 2019
2021: €32k▲ +96.8% vs 2020
2022: €57k▲ +78.6% vs 2021highest in 8 years
2023: €45k▼ -21.8% vs 2022
2024: €11k▼ -74.5% vs 2023
2025: €-4k▼ -137% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€68k▲ 79.4%€50k▼ 26.0%€27k▼ 46.1%€9k▼ 65.7%
2021: €38k
2022: €68k▲ +79.4% vs 2021highest in 5 years
2023: €50k▼ -26.0% vs 2022
2024: €27k▼ -46.1% vs 2023
2025: €9k▼ -65.7% vs 2024lowest in 5 years
Operating result€41k-€38k▼ 6.0%€23k▼ 40.3%€-23k€45k
2021: €41k
2022: €38k▼ -6.0% vs 2021
2023: €23k▼ -40.3% vs 2022
2024: €-23k▼ -200% vs 2023lowest in 5 years
2025: €45k▲ +295% vs 2024highest in 5 years
Net result€32k-€30k▼ 5.9%€17k▼ 44.5%€-23k€37k
2021: €32k
2022: €30k▼ -5.9% vs 2021
2023: €17k▼ -44.5% vs 2022
2024: €-23k▼ -239% vs 2023lowest in 5 years
2025: €37k▲ +259% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €45k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€37k ▼ 21.3%
Current assets
€88k ▲ 114%
Equity and liabilities €125k
Equity
€9k ▼ 65.7%
Debt
€116k ▲ 89.4%
Debt's share of the balance-sheet total rises from 69.4% to 92.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55k▲
2024 · €-19k
Cash flow
€47k▲
2024 · €-19k
Current ratio
0.96▼
2024 · 1.38
Debt to equity
12.48▲
2024 · 2.26
ROE
395.1%▲
2024 · -85.6%
ROA
29.3%▲
2024 · -26.2%
Interest coverage
19.18▲
2024 · -44.85
Debt ≤ 1 year
€93k▲
2024 · €30k
Debt > 1 year
€24k▼
2024 · €31k
Income taxes
€5k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€125k▲
Fixed assets21/28€47k€37k▼
Tangible fixed assets22/27€47k€37k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€40k€32k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€41k€88k▲
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€24k€76k▲
Deferred charges and accrued income490/1€312€0▼
Equity and liabilities
Total equity and liabilities10/49€88k€125k▲
Equity10/15€27k€9k▼
Contributions10/11€9k€9k=
Reserves13€18k€0▼
Distributable reserves133€18k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€61k€116k▲
Amounts payable after more than one year17€31k€24k▼
Financial debts170/4€31k€24k▼
Amounts payable within one year42/48€30k€93k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€0€16k▲
Taxes450/3€0€16k▲
Other amounts payable47/48€21k€68k▲
Income statement
Code20242025
Non-recurring operating income76A€6k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-750
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-18k€56k▲
Operating profit (loss)9901€-23k€45k▲
Financial income75/76B€62€97▲
Recurring financial income75€62€97▲
Financial charges65/66B€425€3k▲
Recurring financial charges65€425€3k▲
Profit (loss) for the period before taxes9903€-23k€42k▲
Income taxes67/77€0€5k▲
Profit (loss) for the period9904€-23k€37k▲
Profit (loss) for the period to be appropriated9905€-23k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€37k▲
Transfer from equity791/2€23k€18k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0€55k▲
Return on contributions (dividend)694€0€55k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €9k | €9k | €4k | €10k | ▲ 168% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €-750 | - |
| Other operating charges640/8 | €908 | €806 | €2k | €1k | €2k | ▲ 53.7% |
| Gross operating margin9900 | €52k | €48k | €33k | €-18k | €56k | ▲ 412% |
| Operating profit (loss)9901 | €41k | €38k | €23k | €-23k | €45k | ▲ 295% |
| Financial income75/76B | €5 | €5 | €0 | €62 | €97 | ▲ 55.6% |
| Recurring financial income75 | €5 | €5 | €0 | €62 | €97 | ▲ 55.6% |
| Financial charges65/66B | €418 | €507 | €1k | €425 | €3k | ▲ 570% |
| Recurring financial charges65 | €418 | €507 | €1k | €425 | €3k | ▲ 570% |
| Profit (loss) for the period before taxes9903 | €40k | €38k | €22k | €-23k | €42k | ▲ 281% |
| Income taxes67/77 | €8k | €8k | €5k | €0 | €5k | - |
| Profit (loss) for the period9904 | €32k | €30k | €17k | €-23k | €37k | ▲ 259% |
| Profit (loss) for the period to be appropriated9905 | €32k | €30k | €17k | €-23k | €37k | ▲ 259% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91k | €87k | €92k | €88k | €125k | ▲ 41.9% |
| Fixed assets21/28 | €18k | €14k | €6k | €47k | €37k | ▼ 21.3% |
| Tangible fixed assets22/27 | €18k | €14k | €6k | €47k | €37k | ▼ 21.3% |
| Plant, machinery and equipment23 | €2k | €941 | €679 | €3k | €2k | ▼ 27.9% |
| Furniture and vehicles24 | €15k | €8k | €682 | €40k | €32k | ▼ 20.9% |
| Other tangible fixed assets26 | €1k | €5k | €4k | €4k | €3k | ▼ 19.9% |
| Current assets29/58 | €74k | €73k | €87k | €41k | €88k | ▲ 114% |
| Amounts receivable within one year40/41 | €22k | €32k | €76k | €17k | €12k | ▼ 28.6% |
| Trade receivables40 | €22k | €30k | €72k | €8k | €9k | ▲ 19.8% |
| Other amounts receivable41 | €477 | €3k | €4k | €9k | €3k | ▼ 69.0% |
| Cash at bank and in hand54/58 | €51k | €40k | €11k | €24k | €76k | ▲ 219% |
| Deferred charges and accrued income490/1 | - | - | - | €312 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91k | €87k | €92k | €88k | €125k | ▲ 41.9% |
| Equity10/15 | €38k | €68k | €50k | €27k | €9k | ▼ 65.7% |
| Contributions10/11 | €19k | €19k | €9k | €9k | €9k | = |
| Reserves13 | €19k | €49k | €41k | €18k | €0 | ▼ 100% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €17k | €47k | €41k | €18k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €53k | €19k | €42k | €61k | €116k | ▲ 89.4% |
| Amounts payable after more than one year17 | €11k | €3k | - | €31k | €24k | ▼ 24.8% |
| Financial debts170/4 | €11k | €3k | - | €31k | €24k | ▼ 24.8% |
| Amounts payable within one year42/48 | €42k | €16k | €42k | €30k | €93k | ▲ 208% |
| Current portion of amounts payable after more than one year42 | €8k | €8k | €3k | €7k | €8k | ▲ 3.7% |
| Trade debts44 | €4k | €823 | €1k | €1k | €2k | ▲ 21.6% |
| Suppliers440/4 | €4k | €823 | €1k | €1k | €2k | ▲ 21.6% |
| Taxes, remuneration and social security45 | €13k | €5k | €4k | €0 | €16k | - |
| Taxes450/3 | €13k | €5k | €4k | €0 | €16k | - |
| Other amounts payable47/48 | €17k | €2k | €33k | €21k | €68k | ▲ 219% |
| Accrued charges and deferred income492/3 | €151 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €30k | €17k | €-23k | €37k | ▲ 259% |
| + Depreciation and write-downs630 | €11k | €9k | €9k | €4k | €10k | ▲ 168% |
| Operating cash flow (approximation) | €42k | €39k | €25k | €-19k | €47k | ▲ 341% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €-45k | €0 | ▲ 100% |
| Change in cash | - | €-11k | €-29k | €13k | €52k | ▲ 309% |
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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.63
Current ratio from 1.76 to 4.63; short-term debt falls from €42k to €16k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
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.
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 2015
Ground area
379 m²
Building footprint
195 m²
Volume, LiDAR
845 m³
Parcel 13025G0846/00M000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CenCe
since 20152.238.769.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0846/00M000 | Flanders | 379 m² | 1 · 195 m² | 8.8 m · 1 fl. |
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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 22,161 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
Founded16-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63910Web portal activities
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.