Equity
-€19,219
Debts exceed assets in financial year 2025.
CERETAX
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €7,563 (2009)
-€1,562▼ €2,660
lowest -€192,064 (2025)
-€192,064▼ €191,863
peak €173,045 (2023)
-€19,219▼ €192,064
€19,391▼ 10.4%
Board4 names since 2014
2 directorsFELIERS Eliane and 1 other
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €1,098 to -€1,562Loss of €192,064Equity from €172,845 to -€19,219Cash from €563 to €172
Key points
from the 2025 annual accountsResult
-€192,064 ▼ 95,621%
The result fell in 2025: different schema filed.
Position in the sector
-11165.5%
Lower solvency than 95% of companies in rental and leasing. Sector median 35.9% · 1,142 companies.
Turnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 19% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.4 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €192,064, the second in a row (financial year 2025)
Negative equity -€19,219
lowers risk
Size: total assets €172
Liquidity: current ratio 0.01, cash €172, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 7% of them on solvency, 56% on liquidity, 6% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as CERETAX has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CERETAX itself is lower: 0.5% within 12 months. It rests on far more data about CERETAX than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for CERETAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€19,219
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
on the day
2023
1 day early
2022
3 days early
2021
5 days early
2020
6 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
1 director appointed, 2 reappointments
Appointment: Christian FELIERS · Reappointments: FELIERS Eliane and FELIERS Stephanie · General meeting of 13-06-2019 · Gazette deed
Resignation: Patricia GLAZENMAEKERS (director)
General meeting of 09-06-2016 · Gazette deed
First establishment
Grote Lage 58, Zottegem
Incorporation
published on 06-03-1987 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CERETAX Zottegem | €172 | -€1,562 | -11165.5% | - |
| VIDEOFAIR Mechelen | €156 | -€610 | -42937.0% | - |
| ARTICON Ardooie | €1,551 | €2,087 | 62.0% | - |
| DECO DREAM LOCATION Brussels | €62 | -€8,659 | -40449.0% | - |
| Giotto Services Watermael-Boitsfort | €60 | -€627 | -51179.3% | - |
These companies have the same main activity as CERETAX: renting and leasing of other personal and household goods (NACE 77229). They are comparable in size and age: total assets between €60 and €1,550, founded between 2004 and 2020.
Official details
Source: KBO- Status
- Active since 12-02-1987Normal situation
- Activity
- Renting and leasing of other personal and household goodsNACE 77229
- Establishment unit
- 2.033.662.5079620 Zottegem, since 23-02-1987
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €172▼ 99.9%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on CERETAX
CERETAX files the abbreviated format. That format states no turnover. The gross margin fell from €6,975 in 2006 to -€1,562 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CERETAX
- What is the company number of CERETAX?
- The company number of CERETAX is 0430.459.274. The VAT number is the same number with BE in front: BE 0430.459.274.
- Where is CERETAX based?
- The registered office is at Grote Lage 58, 9620 Zottegem.Company details
- What does CERETAX do?
- According to the KBO register, the main activity is renting and leasing of other personal and household goods (NACE 77229).
- What is the legal form of CERETAX?
- CERETAX is a public limited company (NV).
- When was CERETAX founded?
- CERETAX was founded on 12-02-1987.
- Is CERETAX still active?
- Yes, CERETAX is an active enterprise in the KBO register.
- What is the turnover of CERETAX?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is CERETAX profitable?
- In financial year 2025, CERETAX made a loss of €192,064.
- Where can I find the annual accounts of CERETAX?
- CERETAX filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CERETAX due?
- CERETAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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