CEVO
ActiveSummary
CEVO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €-79k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-39
Solvency50▼-10
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.82 in 2024; short-term debt: 56.8% and cash: 4% of total assets), and 74.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
25.3%
Return on assets
-15.8%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
17 d early
2023
23 d early
2022
13 d early
2021
20 d early
2020
33 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▼ 38.7%
2024 · €206k
2018: €199k
2019: €210k
2020: €216k
2021: €234k
2022: €180k
2023: €112k
2024: €206k
2018 → 2025
Total assets
€500k▼ 14.3%
2024 · €583k
2018: €481k
2019: €514k
2020: €458k
2021: €463k
2022: €507k
2023: €537k
2024: €583k
2018 → 2025
Net result
€-79k
2024 · €95k
2018: €13k
2019: €14k
2020: €8k
2021: €17k
2022: €-51k
2023: €-67k
2024: €95k
2018 → 2025
Working capital
€-157k▼ 219%
2024 · €-49k
2018: €17k
2019: €47k
2020: €76k
2021: €77k
2022: €-26k
2023: €-116k
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€234k-€180k▼ 22.9%€112k▼ 38.0%€206k▲ 84.2%€126k▼ 38.7%
Operating result€11k-€-51k€-63k▼ 22.4%€102k€-75k
Net result€17k-€-51k€-67k▼ 31.7%€95k€-79k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €75k after €102k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500k
Fixed assets
€373k ▲ 2.3%
Current assets
€127k ▼ 42.0%
Equity and liabilities €500k
Equity
€126k ▼ 38.7%
Debt
€373k ▼ 1.1%
Debt's share of the balance-sheet total rises from 64.7% to 74.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€40k▼
2024 · €210k
Cash flow
€35k▼
2024 · €204k
Current ratio
0.45▼
2024 · 0.82
Debt to equity
2.96▲
2024 · 1.83
ROE
-62.6%▼
2024 · 46.3%
ROA
-15.8%▼
2024 · 16.3%
Interest coverage
7.81▼
2024 · 43.51
Debt ≤ 1 year
€284k▲
2024 · €268k
Debt > 1 year
€90k▼
2024 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€583k€500k▼
Formation expenses20€0-
Fixed assets21/28€365k€373k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€364k€373k▲
Land and buildings22€4k€4k=
Plant, machinery and equipment23€124k€113k▼
Furniture and vehicles24€137k€174k▲
Leasing and similar rights25€99k€83k▼
Financial fixed assets28€690€690=
Current assets29/58€218k€127k▼
Amounts receivable within one year40/41€172k€99k▼
Trade receivables40€172k€98k▼
Other amounts receivable41-€916
Cash at bank and in hand54/58€38k€20k▼
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€583k€500k▼
Equity10/15€206k€126k▼
Contributions10/11€6k€6k=
Reserves13€124k€124k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€52k€52k=
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€75k€-4k▼
Investment grants15€883€363▼
Amounts payable17/49€377k€373k▼
Amounts payable after more than one year17€109k€90k▼
Financial debts170/4€109k€90k▼
Amounts payable within one year42/48€268k€284k▲
Current portion of amounts payable after more than one year42€83k€88k▲
Trade debts44€47k€21k▼
Suppliers440/4€47k€21k▼
Taxes, remuneration and social security45€13k€4k▼
Taxes450/3€12k€3k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€126k€170k▲
Accrued charges and deferred income492/3€641€45▼
Income statement
Code20242025
Non-recurring operating income76A€39k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€114k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€217k€45k▼
Operating profit (loss)9901€102k€-75k▼
Financial income75/76B€1k€520▼
Recurring financial income75€1k€520▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€99k€-79k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€95k€-79k▼
Transfer from tax-exempt reserves789€9k-
Transfer to tax-exempt reserves689€39k-
Profit (loss) for the period to be appropriated9905€66k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€-4k▼
Profit (loss) brought forward from the previous period14P€41k€75k▲
Transfer to equity691/2€33k-
To other reserves6921€33k-
The notes to these accounts (15 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-79k ▼183%
Net result drops to €-79k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €95k
Net result €95k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €206k ▲84.2%
Equity rises from €112k to €206k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €210k ▲5.7%
2 profitable years in a row build equity to €210k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Donceel · 1 establishment unit since 1999
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 Chantraine 894357 DonceelGround area
1,115 m²
Building footprint
165 m²
Volume, LiDAR
839 m³
Parcel 64037A0584/00D000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Chantraine 89, 4357 Donceel
since 19992.090.506.881
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64037A0584/00D000 | Wallonia | 1,115 m² | 1 · 165 m² | 7.1 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.
Similar companies · same sector, comparable size
MAXIM BOEY
BE 0801.932.256
Bredene · Eq €126,481
HASFLUX
BE 0760.676.572
Zele · Eq €126,485
S.I. INVEST
BE 0652.648.167
Vilvoorde · Eq €126,586
V.G.C. Rénovation
BE 0723.717.394
Floreffe · Eq €125,991
TOITURES MERGIM
BE 0878.756.355
Evere · Eq €126,650
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,658 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
01610Support activities for crop production
42212Civil engineering
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.