CETEC
ActiveCETEC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €9k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-21
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 3.14 in 2024), and 29.1% 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 · 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 · 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
70.9%
Return on assets
4.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
21 d late
2023
28 d late
2022
31 d late
2021
31 d late
2020
24 d late
2019
71 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€137k▲ 7.0%
2024 · €128k
2018: €80k
2019: €95k
2020: €96k
2021: €113k
2022: €114k
2023: €114k
2024: €128k
2018 → 2025
Total assets
€193k▲ 10.6%
2024 · €175k
2018: €120k
2019: €136k
2020: €124k
2021: €148k
2022: €143k
2023: €170k
2024: €175k
2018 → 2025
Net result
€9k▼ 34.8%
2024 · €14k
2018: €5k
2019: €16k
2020: €460
2021: €17k
2022: €1k
2023: €147
2024: €14k
2018 → 2025
Working capital
€114k▲ 13.9%
2024 · €100k
2018: €73k
2019: €91k
2020: €87k
2021: €106k
2022: €106k
2023: €108k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€114k▲ 1.3%€114k▲ 0.1%€128k▲ 12.0%€137k▲ 7.0%
Operating result€24k-€2k▼ 89.9%€1k▼ 55.2%€18k▲ 1,499%€15k▼ 17.2%
Net result€17k-€1k▼ 91.2%€147▼ 90.2%€14k▲ 9,259%€9k▼ 34.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets
€23k▼ 17.4%
Current assets
€170k▲ 16.1%
Equity and liabilities €193k
Equity
€137k▲ 7.0%
Debt
€56k▲ 20.6%
The debt ratio rises from 26.7% to 29.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€20k▲
2024 · €20k
Cash flow
€15k▼
2024 · €16k
Solvency
70.9%▼
2024 · 73.3%
Current ratio
3.02▼
2024 · 3.14
Quick ratio
3.02▼
2024 · 3.14
Debt / equity
0.41▲
2024 · 0.36
ROE
6.5%▼
2024 · 10.7%
ROA
4.6%▼
2024 · 7.9%
Interest coverage
83.38▼
2024 · 86.75
Debt
€56k▲
2024 · €47k
Debt ≤ 1 year
€56k▲
2024 · €47k
Income taxes
€5k▲
2024 · €4k
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€175k€193k▲
Fixed assets21/28€28k€23k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€28k€23k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€50€730▲
Furniture and vehicles24€24k€18k▼
Current assets29/58€146k€170k▲
Amounts receivable within one year40/41€80k€35k▼
Trade receivables40€73k€34k▼
Other amounts receivable41€7k€744▼
Cash at bank and in hand54/58€65k€134k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€175k€193k▲
Equity10/15€128k€137k▲
Contributions10/11€6k€6k=
Reserves13€97k€97k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€95k€95k=
Profit (loss) carried forward14€25k€34k▲
Amounts payable17/49€47k€56k▲
Amounts payable within one year42/48€47k€56k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€139€64▼
Taxes450/3€139€64▼
Remuneration and social security454/9€0€0=
Other amounts payable47/48€41k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€952€633▼
Non-recurring operating charges66A€0-
Gross operating margin9900€21k€21k▲
Operating profit (loss)9901€18k€15k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€228€245▲
Recurring financial charges65€228€245▲
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€9k▼
Profit (loss) for the period to be appropriated9905€14k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€34k▲
Profit (loss) brought forward from the previous period14P€11k€25k▲
The notes to these accounts (7 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €147 ▼90.2%
Net result drops to €147, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €17k ▲3599%
Operating result €24k, net result €17k, both a record.
31-12
Financial
Equity above €100kEq €113k ▲17.8%
4 profitable years in a row build equity to €113k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 71 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 1990
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 Deveux 594020 LiègeGround area
146 m²
Building footprint
61 m²
Volume, LiDAR
259 m³
Parcel 62817B0440/00P007, Wallonia · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue Deveux 59, 4020 Liège
since 19902.050.586.730
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0440/00P007 | Wallonia | 146 m² | 1 · 61 m² | 10.9 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.
Similar companies · same sector, comparable size
Franck FRECHES
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COMFORT SERVICE
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MALMAC
BE 0563.618.401
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Tom Dekeyser
BE 0821.958.796
Kuurne · Eq €137k
MATTON PATRICK
BE 0433.511.608
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,626. 4,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-11-1990
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.