CEOACH
ActiveSummary
CEOACH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361,833 and a net result of -€109,083. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 59% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-93
Solvency85▼-15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 2.26 against 11.49 in 2024; short-term debt: 40.1% and cash: 82.5% of total assets), and 40.4% of the assets are financed with debt.
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Signals
Four 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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
29 d late
2023
16 d late
2022
31 d late
2021
19 d early
2020
30 d early
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 company by equity in Oudergem, Arts, sports and recreation sector#8 company by total assets in Oudergem, Arts, sports and recreation sector
Equity
€361,833▼ 45.6%
2024 · €665,401
Total assets
€606,904▼ 16.1%
2024 · €723,461
Net result
-€109,083
2024 · €140,715
Working capital
€307,407▼ 47.9%
2024 · €590,503
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€95,481▲ 168%€153,983▲ 61.3%€283,073▲ 83.8%€201,030▼ 29.0%-€111,105
Net result€65,188above the sector's middle half▲ 189%€106,721above the sector's middle half▲ 63.7%€195,389above the sector's middle half▲ 83.1%€140,715above the sector's middle half▼ 28.0%-€109,083below the sector's middle half
Equity€342,555above the sector's middle half▲ 23.5%€352,176above the sector's middle half▲ 2.8%€544,465above the sector's middle half▲ 54.6%€665,401above the sector's middle half▲ 22.2%€361,833above the sector's middle half▼ 45.6%
Total assets€398,618above the sector's middle half▲ 4.7%€483,525above the sector's middle half▲ 21.3%€635,300above the sector's middle half▲ 31.4%€723,461above the sector's middle half▲ 13.9%€606,904above the sector's middle half▼ 16.1%
Debt€56,063▼ 45.8%€131,350▲ 134%€90,835▼ 30.8%€58,059▼ 36.1%€245,071▲ 322%
Working capital€207,657above the sector's middle half▲ 124%€268,232above the sector's middle half▲ 29.2%€462,482above the sector's middle half▲ 72.4%€590,503above the sector's middle half▲ 27.7%€307,407above the sector's middle half▼ 47.9%
Solvency85.9%above the sector's middle half▲ 13.1pp72.8%within the sector's middle half▼ 13.1pp85.7%above the sector's middle half▲ 12.9pp92.0%above the sector's middle half▲ 6.3pp59.6%within the sector's middle half▼ 32.4pp
Current ratio4.81above the sector's middle half▲ 2.713.07within the sector's middle half▼ 1.746.20above the sector's middle half▲ 3.1311.49above the sector's middle half▲ 5.302.26within the sector's middle half▼ 9.23
Return on assets (ROA)16.4%within the sector's middle half▲ 10.4pp22.1%above the sector's middle half▲ 5.7pp30.8%above the sector's middle half▲ 8.7pp19.5%above the sector's middle half▼ 11.3pp-18.0%below the sector's middle half▼ 37.4pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €111,105 after €201,030 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €606,904
Fixed assets
€56,266 ▼ 26.6%
Current assets
€550,638 ▼ 14.9%
Equity and liabilities €606,904
Equity
€361,833 ▼ 45.6%
Debt
€245,071 ▲ 322%
Debt's share of the balance-sheet total rises from 8.0% to 40.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€84,944▼
2024 · €227,304
Cash flow
-€82,922▼
2024 · €166,989
Debt to equity
0.68▲
2024 · 0.09
ROE
-30.1%▼
2024 · 21.1%
Interest coverage
-419.43▼
2024 · 514.42
Debt ≤ 1 year
€243,231▲
2024 · €56,269
Income taxes
€634▼
2024 · €61,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
0.8%
went bankrupt
6.6%
stopped otherwise
91%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 376 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67,968 | €57,498 | €31,059 | €26,274 | €26,161 | ▼ 0.4% |
| Other operating charges640/8 | €7,327 | €7,031 | €8,511 | €11,942 | €7,954 | ▼ 33.4% |
| Gross operating margin9900 | €170,775 | €218,512 | €322,643 | €239,245 | -€76,990 | ▼ 132% |
| Operating profit (loss)9901 | €95,481 | €153,983 | €283,073 | €201,030 | -€111,105 | ▼ 155% |
| Financial income75/76B | €1 | - | €3 | €1,960 | €2,859 | ▲ 45.8% |
| Recurring financial income75 | €1 | - | €3 | €1,960 | €2,859 | ▲ 45.8% |
| Financial charges65/66B | €1,269 | €1,060 | €278 | €442 | €203 | ▼ 54.2% |
| Recurring financial charges65 | €1,269 | €1,060 | €278 | €442 | €203 | ▼ 54.2% |
| Profit (loss) for the period before taxes9903 | €94,212 | €152,923 | €282,798 | €202,548 | -€108,449 | ▼ 154% |
| Income taxes67/77 | €29,024 | €46,202 | €87,410 | €61,833 | €634 | ▼ 99.0% |
| Profit (loss) for the period9904 | €65,188 | €106,721 | €195,389 | €140,715 | -€109,083 | ▼ 178% |
| Profit (loss) for the period to be appropriated9905 | €65,188 | €106,721 | €195,389 | €140,715 | -€109,083 | ▼ 178% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €398,618 | €483,525 | €635,300 | €723,461 | €606,904 | ▼ 16.1% |
| Fixed assets21/28 | €136,448 | €85,614 | €83,803 | €76,688 | €56,266 | ▼ 26.6% |
| Tangible fixed assets22/27 | €136,448 | €85,614 | €81,103 | €73,988 | €46,766 | ▼ 36.8% |
| Land and buildings22 | €135,269 | €83,035 | €56,509 | €41,092 | €22,581 | ▼ 45.0% |
| Furniture and vehicles24 | - | - | €22,015 | €24,881 | €15,073 | ▼ 39.4% |
| Other tangible fixed assets26 | €1,179 | €2,579 | €2,579 | €8,015 | €9,112 | ▲ 13.7% |
| Financial fixed assets28 | - | - | €2,700 | €2,700 | €9,500 | ▲ 252% |
| Current assets29/58 | €262,170 | €397,911 | €551,497 | €646,772 | €550,638 | ▼ 14.9% |
| Amounts receivable within one year40/41 | €25,182 | €2,797 | €101,561 | €124,120 | €46,900 | ▼ 62.2% |
| Trade receivables40 | €17,687 | €2,797 | €100,641 | €63,257 | €992 | ▼ 98.4% |
| Other amounts receivable41 | €7,495 | - | €920 | €60,863 | €45,907 | ▼ 24.6% |
| Cash at bank and in hand54/58 | €232,671 | €389,477 | €445,860 | €518,861 | €500,914 | ▼ 3.5% |
| Deferred charges and accrued income490/1 | €4,318 | €5,637 | €4,077 | €3,791 | €2,824 | ▼ 25.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €398,618 | €483,525 | €635,300 | €723,461 | €606,904 | ▼ 16.1% |
| Equity10/15 | €342,555 | €352,176 | €544,465 | €665,401 | €361,833 | ▼ 45.6% |
| Contributions10/11 | €12,600 | €12,600 | €12,600 | €12,600 | €12,600 | = |
| Reserves13 | €209,603 | €219,223 | €411,512 | €532,449 | €337,963 | ▼ 36.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €207,743 | €217,363 | €409,652 | €530,589 | €336,103 | ▼ 36.7% |
| Profit (loss) carried forward14 | €120,352 | €120,352 | €120,352 | €120,352 | €11,270 | ▼ 90.6% |
| Amounts payable17/49 | €56,063 | €131,350 | €90,835 | €58,059 | €245,071 | ▲ 322% |
| Amounts payable within one year42/48 | €54,513 | €129,680 | €89,015 | €56,269 | €243,231 | ▲ 332% |
| Current portion of amounts payable after more than one year42 | €17,050 | - | - | - | - | - |
| Financial debts43 | - | - | - | €182 | - | - |
| Credit institutions430/8 | - | - | - | €182 | - | - |
| Trade debts44 | €2,154 | €4,766 | €12,561 | €10,443 | €1,085 | ▼ 89.6% |
| Suppliers440/4 | €2,154 | €4,766 | €12,561 | €10,443 | €1,085 | ▼ 89.6% |
| Taxes, remuneration and social security45 | €12,429 | €25,534 | €50,048 | €22,767 | €24,783 | ▲ 8.9% |
| Taxes450/3 | €12,429 | €25,534 | €50,048 | €22,767 | €21,450 | ▼ 5.8% |
| Remuneration and social security454/9 | - | - | - | - | €3,333 | - |
| Other amounts payable47/48 | €22,880 | €99,379 | €26,406 | €22,878 | €217,363 | ▲ 850% |
| Accrued charges and deferred income492/3 | €1,550 | €1,670 | €1,820 | €1,790 | €1,840 | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,188 | €106,721 | €195,389 | €140,715 | -€109,083 | ▼ 178% |
| + Depreciation and write-downs630 | €67,968 | €57,498 | €31,059 | €26,274 | €26,161 | ▼ 0.4% |
| Operating cash flow (approximation) | €133,155 | €164,219 | €226,447 | €166,989 | -€82,922 | ▼ 150% |
| Investment in fixed assets (approximation) | - | -€6,664 | -€29,247 | -€19,159 | -€5,739 | ▲ 70.0% |
| Change in cash | - | €156,807 | €56,382 | €73,002 | -€17,947 | ▼ 125% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet -€109,083
Net result drops to -€109,083, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Highest result since 2018net €195,389 ▲83.1%
Operating result €283,073, net result €195,389, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.20
Current ratio from 3.07 to 6.20; short-term debt falls from €129,680 to €89,015.
31-12
Financial
Equity above €500,000Eq €544,465 ▲54.6%
6 profitable years in a row build equity to €544,465.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.81
Current ratio from 2.10 to 4.81; short-term debt falls from €84,813 to €54,513.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2013
03-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
03-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2010
25-11
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment
27-04
State Gazette act
General meeting · Legal-form conversion
Capital · Corporate purpose
27-04
State Gazette act
General meeting · Legal-form conversion
Capital · Corporate purpose
2009
16-11
State Gazette act
General meeting · Name change
Statutes amendment · Director resignation
Financial milestoneState Gazette actNBB 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, Oudergem · 1 establishment unit since 2008
Ground area
767 m²
Building footprint
165 m²
Volume, LiDAR
1,516 m³
Parcel 21332B0055/00K003, Brussels · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CEOCH
since 20082.168.845.665
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0055/00K003 | Brussels | 767 m² | 1 · 165 m² | 13.2 m · 3 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
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Of 3,395 companies in sector 90393 we hold annual accounts for 942. 647 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 (pre-2019)
Founded14-02-2008
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
70200Business and other management consultancy
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
90201Performing arts by independent artists
Contact
E-mail
pairetv@gmail.comOudergem
Phone
027631800Oudergem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895710668
Also
9925:BE0895710668
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.