CESARE
ActiveCESARE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €36k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 73% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 2.51 in 2024; short-term debt: 24.9% and cash: 22.1% of total assets), and 42.9% 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
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
57.1%
Return on assets
24.7%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
19 d late
2022
6 d late
2021
2 d late
2020
8 d late
2019
1 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
€82k▲ 23.3%
2024 · €67k
2019: €39k
2020: €37k
2021: €38k
2022: €47k
2023: €56k
2024: €67k
2019 → 2025
Total assets
€144k▲ 58.7%
2024 · €91k
2019: €66k
2020: €52k
2021: €40k
2022: €62k
2023: €79k
2024: €91k
2019 → 2025
Net result
€36k▲ 15.6%
2024 · €31k
2019: €766
2020: €-2k
2021: €1k
2022: €17k
2023: €24k
2024: €31k
2019 → 2025
Working capital
€32k▼ 11.9%
2024 · €36k
2019: €-6k
2020: €2k
2021: €11k
2022: €19k
2023: €26k
2024: €36k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€47k▲ 21.8%€56k▲ 19.9%€67k▲ 19.2%€82k▲ 23.3%
Operating result€3k-€27k▲ 773%€37k▲ 34.8%€44k▲ 21.2%€50k▲ 12.7%
Net result€1k-€17k▲ 1,350%€24k▲ 39.8%€31k▲ 26.6%€36k▲ 15.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€76k▲ 151%
Current assets
€68k▲ 12.4%
Equity and liabilities €144k
Equity
€82k▲ 23.3%
Debt
€62k▲ 157%
The debt ratio rises from 26.5% to 42.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €54k
Cash flow
€54k▲
2024 · €41k
Solvency
57.1%▼
2024 · 73.5%
Current ratio
1.89▼
2024 · 2.51
Quick ratio
1.89▼
2024 · 2.51
Debt / equity
0.75▲
2024 · 0.36
ROE
43.2%▼
2024 · 46.1%
ROA
24.7%▼
2024 · 33.9%
Interest coverage
49.17▼
2024 · 314.28
Debt
€62k▲
2024 · €24k
Debt ≤ 1 year
€36k▲
2024 · €24k
Debt > 1 year
€26k
Income taxes
€14k▼
2024 · €14k
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€91k€144k▲
Fixed assets21/28€30k€76k▲
Tangible fixed assets22/27€29k€75k▲
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€3k€56k▲
Other tangible fixed assets26€22k€17k▼
Financial fixed assets28€1k€1k=
Current assets29/58€60k€68k▲
Amounts receivable within one year40/41€20k€33k▲
Trade receivables40€7k€23k▲
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€37k€32k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€91k€144k▲
Equity10/15€67k€82k▲
Reserves13€62k€77k▲
Distributable reserves133€62k€77k▲
Profit (loss) carried forward14€4k€5k▲
Amounts payable17/49€24k€62k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€24k€36k▲
Current portion of amounts payable after more than one year42-€11k
Trade debts44-€983
Suppliers440/4-€983
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€10k€10k▼
Other amounts payable47/48€14k€14k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€18k▲
Other operating charges640/8€586€857▲
Gross operating margin9900€55k€69k▲
Operating profit (loss)9901€44k€50k▲
Financial income75/76B€643€622▼
Recurring financial income75€643€622▼
Financial charges65/66B€173€1k▲
Recurring financial charges65€173€1k▲
Profit (loss) for the period before taxes9903€45k€49k▲
Income taxes67/77€14k€14k▼
Profit (loss) for the period9904€31k€36k▲
Profit (loss) for the period to be appropriated9905€31k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€40k▲
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer from equity791/2€5k-
Transfer to equity691/2€15k€15k=
To other reserves6921€15k€15k=
Profit to be distributed694/7€20k€20k=
Return on contributions (dividend)694€20k€20k=
The notes to these accounts (8 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
14-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-06
Financial
Highest result since 2019net €36k ▲15.6%
Operating result €50k, net result €36k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-06
Financial
Liquidity times 6current ratio 7.16
Current ratio from 1.13 to 7.16; short-term debt falls from €15k to €2k.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2020
30-06
Financial
Weakest financial yearnet €-2k ▼318%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB 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, Juprelle · 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.
Rue Provinciale 4024458 JuprelleGround area
755 m²
Building footprint
169 m²
Volume, LiDAR
959 m³
Parcel 62035A1271/00C004, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CeSaRe
since 20072.164.730.489
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62035A1271/00C004 | Wallonia | 755 m² | 1 · 169 m² | 7.3 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.
Structure & network
Ownership & control
1 partyCESAREBE 0889.071.910
controls
Where this company holds controlthis company sits on their board1
4 locations
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Of 6,711 companies in sector 96230 we hold annual accounts for 629. 455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2007
Fiscal year end30-06
Activities, NACEBEL
93040
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.