CERES GL
ActiveCERES GL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.00M and a net result of €209k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+41
Solvency90▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 3.52 against 3.41 in 2024; short-term debt: 3.6% and cash: 3.7% of total assets), and 35.2% 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 · 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
64.8%
Return on assets
6.8%
Age of the figures
15 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 · 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 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
10 d early
2023
14 d early
2022
11 d early
2021
2 d late
2020
1 d late
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.00M▲ 11.7%
2024 · €1.79M
2019: €1.55M
2020: €1.59M
2021: €1.64M
2022: €1.74M
2023: €1.78M
2024: €1.79M
2019 → 2025
Total assets
€3.08M▲ 4.2%
2024 · €2.96M
2019: €2.80M
2020: €2.87M
2021: €2.96M
2022: €3.05M
2023: €3.14M
2024: €2.96M
2019 → 2025
Net result
€209k▲ 1,650%
2024 · €12k
2019: €286k
2020: €41k
2021: €42k
2022: €100k
2023: €39k
2024: €12k
2019 → 2025
Working capital
€282k▲ 56.4%
2024 · €180k
2019: €-31k
2020: €74k
2021: €136k
2022: €313k
2023: €400k
2024: €180k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.64M-€1.74M▲ 6.1%€1.78M▲ 2.3%€1.79M▲ 0.7%€2.00M▲ 11.7%
Operating result€172k-€194k▲ 12.9%€105k▼ 46.1%€55k▼ 47.5%€145k▲ 163%
Net result€42k-€100k▲ 138%€39k▼ 60.6%€12k▼ 69.7%€209k▲ 1,650%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 163% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.08M
Fixed assets
€2.69M▼ 0.5%
Current assets
€394k▲ 54.3%
Equity and liabilities €3.08M
Equity
€2.00M▲ 11.7%
Debt
€1.08M▼ 7.2%
The debt ratio falls from 39.5% to 35.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161k▲
2024 · €63k
Cash flow
€225k▲
2024 · €20k
Solvency
64.8%▲
2024 · 60.5%
Current ratio
3.52▲
2024 · 3.41
Quick ratio
3.52▲
2024 · 3.41
Debt / equity
0.54▼
2024 · 0.65
ROE
10.5%▲
2024 · 0.7%
ROA
6.8%▲
2024 · 0.4%
Interest coverage
6.33▲
2024 · 2.06
Debt
€1.08M▼
2024 · €1.17M
Debt ≤ 1 year
€112k▲
2024 · €75k
Debt > 1 year
€600k▼
2024 · €719k
Income taxes
€60k▲
2024 · €12k
Staff costs
€21k▲
2024 · €21k
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€2.96M€3.08M▲
Fixed assets21/28€2.70M€2.69M▼
Tangible fixed assets22/27€186k€172k▼
Land and buildings22€161k€154k▼
Furniture and vehicles24€25k€18k▼
Financial fixed assets28€2.52M€2.52M=
Current assets29/58€255k€394k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€240k€272k▲
Trade receivables40€240k€169k▼
Other amounts receivable41€55€103k▲
Cash at bank and in hand54/58€14k€114k▲
Deferred charges and accrued income490/1€972€8k▲
Equity and liabilities
Total equity and liabilities10/49€2.96M€3.08M▲
Equity10/15€1.79M€2.00M▲
Contributions10/11€462k€462k=
Reserves13€1.32M€1.53M▲
Non-distributable reserves130/1€32k€32k=
Reserves not available under the articles1311€32k€32k=
Tax-exempt reserves132€151€151=
Distributable reserves133€1.29M€1.50M▲
Amounts payable17/49€1.17M€1.08M▼
Amounts payable after more than one year17€719k€600k▼
Financial debts170/4€719k€600k▼
Amounts payable within one year42/48€75k€112k▲
Trade debts44€41k€42k▲
Suppliers440/4€41k€42k▲
Taxes, remuneration and social security45€34k€70k▲
Taxes450/3€23k€62k▲
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€374k€373k▼
Income statement
Code20242025
Remuneration, social security and pensions62€21k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€16k▲
Other operating charges640/8€8k€4k▼
Gross operating margin9900€92k€186k▲
Operating profit (loss)9901€55k€145k▲
Financial income75/76B€0€150k▲
Recurring financial income75€0€150k▲
Financial charges65/66B€30k€25k▼
Recurring financial charges65€30k€25k▼
Profit (loss) for the period before taxes9903€24k€269k▲
Income taxes67/77€12k€60k▲
Profit (loss) for the period9904€12k€209k▲
Profit (loss) for the period to be appropriated9905€12k€209k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€209k▲
Transfer to equity691/2€12k€209k▲
To other reserves6921€12k€209k▲
The notes to these accounts (10 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €12k ▼69.7%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity triplescurrent ratio 6.90
Current ratio from 2.17 to 6.90; short-term debt falls from €117k to €53k.
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Liquidity quadruplescurrent ratio 2.13
Current ratio from 0.60 to 2.13; short-term debt falls from €78k to €66k.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Hove · 1 establishment unit since 2007
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.
Lintsesteenweg 5312540 HoveGround area
2,184 m²
Building footprint
803 m²
Volume, LiDAR
7,630 m³
Parcel 11021C0005/00H000, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CERES GL
since 20072.160.377.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021C0005/00H000 | Flanders | 2,184 m² | 1 · 803 m² | 15.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 732 companies in sector 46820 we hold annual accounts for 388. 281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2007
Fiscal year end30-06
Activities, NACEBEL
46820Wholesale trade
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.