CERESCON
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
36 d early
2022
38 d early
2021
32 d early
2020
31 d early
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.1m▲ 0.3%
2023 · €1.1m
Total assets
€1.2m▼ 1.9%
2023 · €1.2m
Net result
€60,536▼ 71.7%
2023 · €213,622
Working capital
€787,934▲ 0.8%
2023 · €782,045
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€110,190▲ 48.5%€154,652▲ 40.4%€136,500▼ 11.7%€149,625▲ 9.6%€81,481▼ 45.5%
Net result€286,959▲ 434%€185,520▼ 35.3%€272,918▲ 47.1%€213,622▼ 21.7%€60,536▼ 71.7%
Equity€681,309▲ 72.8%€716,524▲ 5.2%€952,641▲ 33.0%€1.1m▲ 18.9%€1.1m▲ 0.3%
Total assets€804,449▲ 61.1%€822,447▲ 2.2%€1.0m▲ 23.9%€1.2m▲ 15.7%€1.2m▼ 1.9%
Debt€123,140▲ 17.2%€105,922▼ 14.0%€66,699▼ 37.0%€46,635▼ 30.1%€20,394▼ 56.3%
Working capital€432,171▲ 82.5%€446,800▲ 3.4%€668,317▲ 49.6%€782,045▲ 17.0%€787,934▲ 0.8%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -72% on 2023. Cause not known from the registers.
- 2020 Net result +434%, Equity +73%, Total assets +61% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 46% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€348,051 ▼ 3.9%
Current assets
€808,328 ▼ 1.0%
Equity and liabilities €1.2m
Equity
€1.1m ▲ 0.3%
Debt
€20,394 ▼ 56.3%
Debt's share of the balance-sheet total falls from 4.0% to 1.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95,579▼
2023 · €157,993
Cash flow
€74,634▼
2023 · €221,989
Current ratio
39.64▲
2023 · 23.61
Debt to equity
0.02▼
2023 · 0.04
ROE
5.3%▼
2023 · 18.9%
ROA
5.2%▼
2023 · 18.1%
Interest coverage
65.85▼
2023 · 68.27
Debt ≤ 1 year
€20,394▼
2023 · €34,594
Debt > 1 year
€0▼
2023 · €12,041
Income taxes
€23,170▼
2023 · €53,879
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,264 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,898 | €7,248 | €2,154 | €8,367 | €14,098 | ▲ 68.5% |
| Other operating charges640/8 | - | €962 | €1,489 | €812 | €1,321 | ▲ 62.7% |
| Non-recurring operating charges66A | - | - | - | - | €187 | - |
| Gross operating margin9900 | €118,468 | €162,863 | €140,143 | €158,805 | €97,087 | ▼ 38.9% |
| Operating profit (loss)9901 | €110,190 | €154,652 | €136,500 | €149,625 | €81,481 | ▼ 45.5% |
| Financial income75/76B | - | €89,316 | €193,923 | €120,190 | €3,675 | ▼ 96.9% |
| Recurring financial income75 | €232,411 | €89,316 | €193,923 | €120,190 | €3,675 | ▼ 96.9% |
| Financial charges65/66B | - | €3,850 | €3,109 | €2,314 | €1,451 | ▼ 37.3% |
| Recurring financial charges65 | €4,686 | €3,850 | €3,109 | €2,314 | €1,451 | ▼ 37.3% |
| Profit (loss) for the period before taxes9903 | €337,915 | €240,119 | €327,314 | €267,501 | €83,705 | ▼ 68.7% |
| Income taxes67/77 | €50,956 | €54,599 | €54,396 | €53,879 | €23,170 | ▼ 57.0% |
| Profit (loss) for the period9904 | €286,959 | €185,520 | €272,918 | €213,622 | €60,536 | ▼ 71.7% |
| Profit (loss) for the period to be appropriated9905 | €286,959 | €185,520 | €272,918 | €213,622 | €60,536 | ▼ 71.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €804,449 | €822,447 | €1.0m | €1.2m | €1.2m | ▼ 1.9% |
| Fixed assets21/28 | €317,292 | €311,366 | €311,606 | €362,336 | €348,051 | ▼ 3.9% |
| Tangible fixed assets22/27 | €25,962 | €20,036 | €20,276 | €71,006 | €56,721 | ▼ 20.1% |
| Land and buildings22 | - | €19,200 | €17,400 | €15,600 | €13,800 | ▼ 11.5% |
| Plant, machinery and equipment23 | - | €836 | €2,876 | €2,073 | €1,407 | ▼ 32.1% |
| Furniture and vehicles24 | - | - | - | €53,333 | €41,514 | ▼ 22.2% |
| Financial fixed assets28 | €291,330 | €291,330 | €291,330 | €291,330 | €291,330 | = |
| Current assets29/58 | €487,157 | €511,080 | €707,734 | €816,639 | €808,328 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €61,254 | €13,833 | €98,966 | €102,898 | €44,976 | ▼ 56.3% |
| Trade receivables40 | - | €13,819 | €98,966 | €102,898 | €32,972 | ▼ 68.0% |
| Other amounts receivable41 | - | €14 | €0 | - | €12,004 | - |
| Cash at bank and in hand54/58 | €422,655 | €496,870 | €607,361 | €713,480 | €762,882 | ▲ 6.9% |
| Deferred charges and accrued income490/1 | - | €377 | €1,407 | €260 | €470 | ▲ 80.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €804,449 | €822,447 | €1.0m | €1.2m | €1.2m | ▼ 1.9% |
| Equity10/15 | €681,309 | €716,524 | €952,641 | €1.1m | €1.1m | ▲ 0.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €675,109 | €710,324 | €946,441 | €1.1m | €1.1m | ▲ 0.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €708,464 | €944,581 | €1.1m | €1.1m | ▲ 0.3% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €123,140 | €105,922 | €66,699 | €46,635 | €20,394 | ▼ 56.3% |
| Amounts payable after more than one year17 | €68,154 | €41,642 | €27,282 | €12,041 | €0 | ▼ 100% |
| Financial debts170/4 | - | €41,642 | €27,282 | €12,041 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €54,986 | €64,280 | €39,417 | €34,594 | €20,394 | ▼ 41.0% |
| Current portion of amounts payable after more than one year42 | - | €13,530 | €14,360 | €15,241 | €12,041 | ▼ 21.0% |
| Trade debts44 | €2,536 | €3,248 | €2,814 | €3,100 | €3,430 | ▲ 10.6% |
| Suppliers440/4 | - | €3,248 | €2,814 | €3,100 | €3,430 | ▲ 10.6% |
| Taxes, remuneration and social security45 | - | €42,313 | €22,243 | €16,253 | €4,567 | ▼ 71.9% |
| Taxes450/3 | - | €42,313 | €22,243 | €14,213 | €4,567 | ▼ 67.9% |
| Remuneration and social security454/9 | - | - | - | €2,040 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €5,190 | €0 | - | €356 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €286,959 | €185,520 | €272,918 | €213,622 | €60,536 | ▼ 71.7% |
| + Depreciation and write-downs630 | €6,898 | €7,248 | €2,154 | €8,367 | €14,098 | ▲ 68.5% |
| Operating cash flow (approximation) | €293,857 | €192,768 | €275,072 | €221,989 | €74,634 | ▼ 66.4% |
| Investment in fixed assets (approximation) | - | -€1,322 | -€2,393 | -€59,097 | €187 | ▲ 100% |
| Change in cash | - | €74,215 | €110,491 | €106,120 | €49,402 | ▼ 53.4% |
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1mEq €1.1m ▲18.9%
6 profitable years in a row build equity to €1.1m.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 17.96
Current ratio from 7.95 to 17.96; short-term debt falls from €64,280 to €39,417.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €286,959 ▲434%
Net result €286,959, the highest in the series.
31-12
Financial
Equity above €500,000Eq €681,309 ▲72.8%
3 profitable years in a row build equity to €681,309.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
49.8%
According to the 2024 annual accounts of CERESCON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
9676004JAP7ODWD0NG42