CETA Advisory
ActiveCETA Advisory has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-12k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 24% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-40
Solvency28▼-24
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
2.5%
Return on assets
-4.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 14056 sector peers (2025).
NBB · sector comparisonPosition among 14056 sector peers
Solvency
better than 24%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
4 d early
2024
13 d early
2023
22 d early
2022
20 d early
2021
33 d early
2020
29 d early
2019
on the day
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 92.4%
2024 · €85k
2018: €37k
2019: €86k
2020: €69k
2021: €60k
2022: €55k
2023: €84k
2024: €85k
2018 → 2025
Total assets
€259k▼ 18.5%
2024 · €318k
2018: €241k
2019: €276k
2020: €315k
2021: €226k
2022: €244k
2023: €274k
2024: €318k
2018 → 2025
Net result
€-12k
2024 · €37k
2018: €31k
2019: €50k
2020: €48k
2021: €38k
2022: €38k
2023: €65k
2024: €37k
2018 → 2025
Working capital
€-98k▼ 354%
2024 · €-22k
2018: €11k
2019: €51k
2020: €27k
2021: €8k
2022: €-10k
2023: €-11k
2024: €-22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€55k▼ 8.5%€84k▲ 51.3%€85k▲ 2.0%€7k▼ 92.4%
Operating result€65k-€68k▲ 3.6%€92k▲ 36.2%€60k▼ 34.8%€-11k
Net result€38k-€38k▲ 0.7%€65k▲ 71.2%€37k▼ 43.4%€-12k
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 turns negative in 2025: a loss of €11k after €60k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets
€233k▼ 11.9%
Current assets
€26k▼ 51.0%
Equity and liabilities €259k
Equity
€7k▼ 92.4%
Debt
€252k▲ 8.6%
The debt ratio rises from 73.1% to 97.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €84k
Cash flow
€19k▼
2024 · €60k
Solvency
2.5%▼
2024 · 26.9%
Current ratio
0.21▼
2024 · 0.71
Quick ratio
0.21▼
2024 · 0.71
Debt / equity
38.72▲
2024 · 2.72
ROE
-185.5%▼
2024 · 43.0%
ROA
-4.7%▼
2024 · 11.5%
Interest coverage
3.64▼
2024 · 10.87
Debt
€252k▲
2024 · €232k
Debt ≤ 1 year
€125k▲
2024 · €75k
Debt > 1 year
€128k▼
2024 · €157k
Income taxes
€2k▼
2024 · €16k
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€318k€259k▼
Fixed assets21/28€264k€233k▼
Tangible fixed assets22/27€264k€233k▼
Land and buildings22€167k€160k▼
Plant, machinery and equipment23€474€39▼
Furniture and vehicles24€91k€69k▼
Other tangible fixed assets26€6k€3k▼
Current assets29/58€54k€26k▼
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€0-
Other amounts receivable41€5k€5k▼
Current investments50/53€3k€2k▼
Cash at bank and in hand54/58€40k€15k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€318k€259k▼
Equity10/15€85k€7k▼
Contributions10/11€19k€19k=
Reserves13€67k€0▼
Distributable reserves133€67k€0▼
Profit (loss) carried forward14€0€-12k▼
Amounts payable17/49€232k€252k▲
Amounts payable after more than one year17€157k€128k▼
Financial debts170/4€157k€128k▼
Amounts payable within one year42/48€75k€125k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Financial debts43€28€117▲
Credit institutions430/8€28€117▲
Trade debts44€10k€14k▲
Suppliers440/4€10k€14k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€28k€78k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€31k▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€7k€0▼
Gross operating margin9900€93k€22k▼
Operating profit (loss)9901€60k€-11k▼
Financial income75/76B€6€6k▲
Recurring financial income75€6€6k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€52k€-10k▼
Income taxes67/77€16k€2k▼
Profit (loss) for the period9904€37k€-12k▼
Profit (loss) for the period to be appropriated9905€37k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-12k▼
Transfer from equity791/2€35k€67k▲
Transfer to equity691/2€37k€0▼
To other reserves6921€37k€0▼
Profit to be distributed694/7€35k€67k▲
Return on contributions (dividend)694€35k€67k▲
Social balance
Average headcount (FTE)90870.0-
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼133%
Net result drops to €-12k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €65k ▲71.2%
Operating result €92k, net result €65k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.89
Current ratio from 1.40 to 2.89; short-term debt falls from €28k to €27k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Boortmeerbeek · 1 establishment unit since 2017
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.
Heesterweg 73191 BoortmeerbeekGround area
891 m²
Building footprint
195 m²
Volume, LiDAR
15 m³
Parcel 24039B0684/00A000, Flanders · tallest building 1.1 m. Linked by address, not a title deed.
1 establishment unit
CETA Advisory
since 20172.268.801.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24039B0684/00A000 | Flanders | 891 m² | 1 · 195 m² | 1.1 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
894500HDFW4B14UKCV08
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 2,353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2017
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.