CERES
ActiveCERES has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €739k and a net result of €11k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 68% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-29
Solvency88▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.52 in 2024; short-term debt: 37.2% and cash: 0% of total assets), and 37.2% of the assets are financed with debt.
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 · 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
62.8%
Return on assets
1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 · 10 filingsDeviation from the deadline
2025
3 d early
2024
171 d late
2023
30 d late
2022
5 d early
2021
82 d late
2020
102 d late
2019
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€739k▲ 1.6%
2024 · €728k
2018: €665k
2019: €709k
2020: €692k
2021: €723k
2022: €735k
2023: €721k
2024: €728k
2018 → 2025
Total assets
€1.18M▼ 2.0%
2024 · €1.20M
2018: €1.67M
2019: €1.72M
2020: €1.72M
2021: €1.65M
2022: €1.77M
2023: €1.96M
2024: €1.20M
2018 → 2025
Net result
€11k▲ 80.5%
2024 · €6k
2018: €6k
2019: €44k
2020: €-17k
2021: €31k
2022: €12k
2023: €-14k
2024: €6k
2018 → 2025
Working capital
€-163k▲ 28.3%
2024 · €-227k
2018: €-239k
2019: €-191k
2020: €-121k
2021: €-99k
2022: €-83k
2023: €-120k
2024: €-227k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€723k-€735k▲ 1.7%€721k▼ 1.8%€728k▲ 0.9%€739k▲ 1.6%
Operating result€42k-€24k▼ 42.8%€-5k€7k€11k▲ 56.4%
Net result€31k-€12k▼ 61.7%€-14k€6k€11k▲ 80.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€902k▼ 5.5%
Current assets
€274k▲ 11.6%
Equity and liabilities €1.18M
Equity
€739k▲ 1.6%
Debt
€437k▼ 7.6%
The debt ratio falls from 39.4% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▲
2024 · €61k
Cash flow
€64k▲
2024 · €60k
Solvency
62.8%▲
2024 · 60.6%
Current ratio
0.63▲
2024 · 0.52
Quick ratio
0.63▲
2024 · 0.52
Debt / equity
0.59▼
2024 · 0.65
ROE
1.5%▲
2024 · 0.9%
ROA
1.0%▲
2024 · 0.5%
Debt
€437k▼
2024 · €473k
Debt ≤ 1 year
€437k▼
2024 · €473k
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€1.20M€1.18M▼
Fixed assets21/28€955k€902k▼
Tangible fixed assets22/27€955k€902k▼
Land and buildings22€950k€898k▼
Plant, machinery and equipment23€662€0▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€246k€274k▲
Amounts receivable within one year40/41€159k€182k▲
Trade receivables40€107k€165k▲
Other amounts receivable41€52k€17k▼
Cash at bank and in hand54/58€44€24▼
Deferred charges and accrued income490/1€86k€92k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.18M▼
Equity10/15€728k€739k▲
Contributions10/11€655k€655k=
Capital10€655k€655k=
Issued capital100€655k€655k=
Reserves13€8k€19k▲
Non-distributable reserves130/1€8k€19k▲
Legal reserve130€8k€19k▲
Profit (loss) carried forward14€65k€65k=
Amounts payable17/49€473k€437k▼
Amounts payable within one year42/48€473k€437k▼
Trade debts44€71k€151k▲
Suppliers440/4€71k€151k▲
Other amounts payable47/48€402k€286k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€53k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€69k€72k▲
Operating profit (loss)9901€7k€11k▲
Financial charges65/66B€968-
Recurring financial charges65€968-
Profit (loss) for the period before taxes9903€6k€11k▲
Profit (loss) for the period9904€6k€11k▲
Profit (loss) for the period to be appropriated9905€6k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€76k▲
Profit (loss) brought forward from the previous period14P€58k€65k▲
Transfer from equity791/2€0-
Transfer to equity691/2-€11k
To the legal reserve6920-€11k
Shareholders' contribution to the loss794€0-
The notes to these accounts (3 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 · abbreviated schema
18-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 171 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial
Weakest financial yearnet €-17k ▼138%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €44k ▲594%
Operating result €55k, net result €44k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 206 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Laureins · 1 establishment unit since 2013
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.
Rovershoek(WAO) 59988 Sint-LaureinsGround area
2.1 ha
Building footprint
188 m²
Volume, LiDAR
1,102 m³
Parcel 43016A0048/00K000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rovershoek(WAO) 5, 9988 Sint-Laureins
since 20132.219.597.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43016A0048/00K000 | Flanders | 2.1 ha | 1 · 188 m² | 9.2 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.
Similar companies · same sector, comparable size
DEGOFOUR
BE 0437.053.492
Ieper · Eq €739k
DE STOPPELEIRE
BE 0465.999.975
Wervik · Eq €741k
PRODABIO
BE 0666.433.748
Awans · Eq €744k
INDEMANS CHRISTIAN
BE 0424.230.191
Linkebeek · Eq €747k
MAES
BE 0424.230.785
Wortegem-Petegem · Eq €726k
Of 689 companies in sector 46216 we hold annual accounts for 476. 400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-02-1994
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.