CERETAX
ActiveCERETAX has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €173k and a net result of €-201. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 92% of 2026 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability27▼-44
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.14 against 6.6 in 2023; short-term debt: 11.1% and cash: 0.3% of total assets), and 11.1% 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 · 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.9%
Return on assets
-0.1%
Age of the figures
21 mo
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
1 d early
2022
3 d early
2021
5 d early
2020
6 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€173k▼ 0.1%
2023 · €173k
2018: €154k
2019: €157k
2020: €162k
2021: €166k
2022: €169k
2023: €173k
2018 → 2024
Total assets
€194k▲ 0.8%
2023 · €193k
2018: €163k
2019: €173k
2020: €181k
2021: €184k
2022: €187k
2023: €193k
2018 → 2024
Net result
€-201
2023 · €4k
2018: €4k
2019: €3k
2020: €4k
2021: €4k
2022: €4k
2023: €4k
2018 → 2024
Working capital
€111k=
2023 · €111k
2018: €92k
2019: €96k
2020: €99k
2021: €103k
2022: €107k
2023: €111k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€162k-€166k▲ 2.4%€169k▲ 2.3%€173k▲ 2.2%€173k▼ 0.1%
Operating result€6k-€6k▼ 4.8%€6k▼ 2.5%€6k▼ 4.2%€158▼ 97.2%
Net result€4k-€4k▼ 2.9%€4k▼ 3.2%€4k▼ 3.0%€-201
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 97% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€62k▼ 0.3%
Current assets
€133k▲ 1.4%
Equity and liabilities €194k
Equity
€173k▼ 0.1%
Debt
€22k▲ 8.9%
The debt ratio rises from 10.3% to 11.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€372▼
2023 · €6k
Cash flow
€14▼
2023 · €4k
Solvency
88.9%▼
2023 · 89.7%
Current ratio
6.14▼
2023 · 6.60
Quick ratio
6.14▼
2023 · 6.60
Debt / equity
0.13▲
2023 · 0.11
ROE
-0.1%▼
2023 · 2.1%
ROA
-0.1%▼
2023 · 1.9%
Interest coverage
1.04▼
2023 · 62.22
Debt
€22k▲
2023 · €20k
Debt ≤ 1 year
€22k▲
2023 · €20k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€193k€194k▲
Fixed assets21/28€62k€62k▼
Tangible fixed assets22/27€376€161▼
Plant, machinery and equipment23€376€161▼
Financial fixed assets28€61k€61k=
Current assets29/58€131k€133k▲
Amounts receivable within one year40/41€131k€132k▲
Trade receivables40€20k€22k▲
Other amounts receivable41€111k€111k▼
Cash at bank and in hand54/58€46€563▲
Equity and liabilities
Total equity and liabilities10/49€193k€194k▲
Equity10/15€173k€173k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€49k€49k▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€37k€37k▼
Amounts payable17/49€20k€22k▲
Amounts payable within one year42/48€20k€22k▲
Trade debts44€554€150▼
Suppliers440/4€554€150▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€15k€20k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€215€215=
Other operating charges640/8€686€725▲
Gross operating margin9900€7k€1k▼
Operating profit (loss)9901€6k€158▼
Financial charges65/66B€95€358▲
Recurring financial charges65€95€358▲
Profit (loss) for the period before taxes9903€6k€-201▼
Income taxes67/77€2k-
Profit (loss) for the period9904€4k€-201▼
Profit (loss) for the period to be appropriated9905€4k€-201▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-201▼
Transfer from equity791/2-€201
Transfer to equity691/2€4k-
To other reserves6921€4k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-201 ▼105%
Net result drops to €-201, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
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.
Directors · office · real estate
Directors
5 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, Zottegem · 1 establishment unit since 1987
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.
Grote Lage 589620 ZottegemGround area
305 m²
Building footprint
122 m²
Volume, LiDAR
846 m³
Parcel 41068A0846/00K002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CERETAX
since 19872.033.662.507
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41068A0846/00K002 | Flanders | 305 m² | 1 · 122 m² | 11.1 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
Marchand Creative et CO.
BE 0436.253.045
Rixensart · Eq €173k
SURFCITY
BE 0820.284.854
Beringen · Eq €172k
CLEAN TAPIS
BE 0428.783.253
Namur · Eq €174k
ART FORUM
BE 0440.192.928
Antwerpen · Eq €171k
LA BERNARDIE
BE 0890.952.027
Fosses-la-Ville · Eq €171k
Of 882 companies in sector 77229 we hold annual accounts for 320. 249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-02-1987
Fiscal year end31-12
Activities, NACEBEL
71408
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.