CESMELI'S
ActiveCESMELI'S has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency69▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.5 in 2024; short-term debt: 41% and cash: 19.5% of total assets), but 55.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €33k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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
3 d late
2024
4 d late
2023
on the day
2022
1 d early
2021
on the day
2020
365 d late
2019
on the day
← 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
Turnover
€48k▼ 52.4%
2019 · €100k
2019: €100k
2019 → 2020
EBIT margin
-23.8%▼ 33.8pp
2019 · 9.9%
2019: 9.9%
2019 → 2020
Net result
€8k▼ 65.6%
2024 · €23k
2019: €7k
2020: €-13k
2021: €-11k
2022: €2k
2023: €14k
2024: €23k
2019 → 2025
Working capital
€19k▲ 14.5%
2024 · €16k
2019: €3k
2020: €-2k
2021: €-20k
2022: €-19k
2023: €-6k
2024: €16k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€-13k▲ 12.5%€1k€25k▲ 1,590%€33k▲ 32.4%
Operating result€-9k-€3k€15k▲ 398%€27k▲ 81.9%€12k▼ 54.8%
Net result€-11k-€2k€14k▲ 683%€23k▲ 66.5%€8k▼ 65.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€25k▲ 198%
Current assets
€49k▲ 0.7%
Equity and liabilities €75k
Equity
€33k▲ 32.4%
Debt
€42k▲ 27.6%
The debt ratio falls from 56.7% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▼
2024 · €32k
Cash flow
€10k▼
2024 · €28k
Solvency
44.2%▲
2024 · 43.3%
Current ratio
1.62▲
2024 · 1.50
Quick ratio
1.62▲
2024 · 1.50
Debt / equity
1.26▼
2024 · 1.31
ROE
24.5%▼
2024 · 94.1%
ROA
10.8%▼
2024 · 40.7%
Interest coverage
13.72▼
2024 · 44.74
Debt
€42k▲
2024 · €33k
Debt ≤ 1 year
€31k▼
2024 · €33k
Debt > 1 year
€11k
Income taxes
€3k▲
2024 · €3k
Staff costs
€5k
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€58k€75k▲
Fixed assets21/28€8k€25k▲
Tangible fixed assets22/27€8k€25k▲
Furniture and vehicles24-€25k
Leasing and similar rights25€8k-
Financial fixed assets28-€135
Current assets29/58€49k€49k▲
Amounts receivable within one year40/41€36k€34k▼
Trade receivables40€31k€29k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€13k€15k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€58k€75k▲
Equity10/15€25k€33k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€17k€25k▲
Amounts payable17/49€33k€42k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€33k€31k▼
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€21k€17k▼
Suppliers440/4€21k€17k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€3k€3k=
Remuneration and social security454/9€3k-
Other amounts payable47/48€192€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€34k€23k▼
Operating profit (loss)9901€27k€12k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€713€1k▲
Recurring financial charges65€713€1k▲
Profit (loss) for the period before taxes9903€27k€11k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€23k€8k▼
Profit (loss) for the period to be appropriated9905€23k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€25k▲
Profit (loss) brought forward from the previous period14P€-6k€17k▲
The notes to these accounts (10 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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Highest result since 2019net €23k ▲66.5%
Operating result €27k, net result €23k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 1.50
Current ratio from 0.39 to 1.50.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 365 days late
2020
30-06
Financial
Weakest financial yearnet €-13k ▼269%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Gent · 1 establishment unit since 2011
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.
Waterstraat 1729040 GentGround area
828 m²
Building footprint
477 m²
Volume, LiDAR
2,036 m³
Parcel 44061B0203/00V004, Flanders · tallest building 14.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Waterstraat 172, 9040 Gent
since 20112.202.853.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B0203/00V004 | Flanders | 828 m² | 1 · 477 m² | 14.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 479 EUR awarded · 479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 479 EUR | 479 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesCESMELI'S BV46284
Similar companies · same sector, comparable size
ASDD TECHNICS
BE 1003.626.633
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CALLEWAERT DRIES
BE 0773.693.180
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MDCOM
BE 0844.131.216
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ELECTRICITE TECHNIQUE BATIMENT
BE 0604.996.225
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B&B Technics
BE 0727.987.968
Temse · Eq €33k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,090 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2011
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
42211Civil engineering
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.