CEREXHE MANAGEMENT
ActiveThe computed 12-month bankruptcy probability of CEREXHE MANAGEMENT is 1.9% (moderate). The 2025 annual accounts show equity of €139k and a net result of €15k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 1294 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-17
Solvency82▲+7
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.25 in 2024; short-term debt: 16.2% and cash: 2% of total assets), and 43.3% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
56.7%
Return on assets
6%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
48 d early
2022
46 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€139k▲ 11.9%
2024 · €124k
2022: €48k
2023: €92k
2024: €124k
2022 → 2025
Total assets
€245k▼ 1.6%
2024 · €249k
2022: €211k
2023: €267k
2024: €249k
2022 → 2025
Net result
€15k▼ 54.0%
2024 · €32k
2022: €18k
2023: €44k
2024: €32k
2022 → 2025
Working capital
€-33k▼ 5.3%
2024 · €-31k
2022: €-20k
2023: €-27k
2024: €-31k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€48k-€92k▲ 93.1%€124k▲ 34.9%€139k▲ 11.9%
Operating result€29k-€35k▲ 21.3%€20k▼ 43.8%€23k▲ 19.5%
Net result€18k-€44k▲ 152%€32k▼ 27.5%€15k▼ 54.0%
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 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245k
Fixed assets
€238k=
Current assets
€7k▼ 37.6%
Equity and liabilities €245k
Equity
€139k▲ 11.9%
Debt
€106k▼ 15.0%
The debt ratio falls from 50.2% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
56.7%▲
2024 · 49.8%
Current ratio
0.17▼
2024 · 0.25
Quick ratio
0.17▼
2024 · 0.25
Debt / equity
0.76▼
2024 · 1.01
ROE
10.6%▼
2024 · 25.9%
ROA
6.0%▼
2024 · 12.9%
Debt
€106k▼
2024 · €125k
Debt ≤ 1 year
€40k▼
2024 · €42k
Debt > 1 year
€66k▼
2024 · €83k
Income taxes
€7k▲
2024 · €6k
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€249k€245k▼
Fixed assets21/28€238k€238k=
Financial fixed assets28€238k€238k=
Current assets29/58€11k€7k▼
Amounts receivable within one year40/41-€236
Trade receivables40-€236
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€249k€245k▼
Equity10/15€124k€139k▲
Contributions10/11€30k€30k=
Outside capital11€30k-
Other1109/19€30k-
Reserves13€94k€109k▲
Distributable reserves133€94k€109k▲
Amounts payable17/49€125k€106k▼
Amounts payable after more than one year17€83k€66k▼
Financial debts170/4€83k€66k▼
Amounts payable within one year42/48€42k€40k▼
Current portion of amounts payable after more than one year42€25k€25k=
Trade debts44€932€195▼
Suppliers440/4€932€195▼
Taxes, remuneration and social security45€16k€15k▼
Taxes450/3€16k€15k▼
Income statement
Code20242025
Other operating charges640/8€968€873▼
Gross operating margin9900€21k€24k▲
Operating profit (loss)9901€20k€23k▲
Financial income75/76B€20k€0▼
Recurring financial income75€20k€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€38k€22k▼
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€32k€15k▼
Profit (loss) for the period to be appropriated9905€32k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€15k▼
Transfer to equity691/2€32k€15k▼
To other reserves6921€32k€15k▼
The notes to these accounts (5 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €15k ▼54%
Net result drops to €15k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €124k ▲34.9%
3 profitable years in a row build equity to €124k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €44k ▲152%
Operating result €35k, net result €44k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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, Theux · 1 establishment unit since 2022
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.
Avenue sur les Trixhes (Fays) 114910 TheuxGround area
2,034 m²
Building footprint
135 m²
Volume, LiDAR
833 m³
Parcel 63060E0414/00S000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CEREXHE MANAGEMENT
since 20222.325.800.969
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63060E0414/00S000 | Wallonia | 2,033 m² | 1 · 135 m² | 8.8 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.
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FLEX MONTAGE
BE 0764.507.280
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Leyman Mario - Jowy
BE 1010.078.717
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HANS HAARDENSERVICE
BE 0797.411.462
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Of 887 companies in sector 33110 we hold annual accounts for 440. 342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2021
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.