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CEVO-TECH

Active
Private limited companyfounded 20223 yrs activeBurgemeester Van Ackerwijk J 233, 9240 Zele, BelgiumKBO/BCE: BE 0793.922.036
Summary

The computed 12-month bankruptcy probability of CEVO-TECH is 2.8% (moderate). The 2024 annual accounts show equity of €1,719 and a net result of -€126. Its solvency ranks better than 10% of 1329 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability68▲+7
Solvency30▼-32
Growth32
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.88; short-term debt: 95.4% and cash: 1% of total assets), and 95.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
4.6%
Return on assets
-0.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1329 sector peers (2024).
NBB · sector comparison
Position among 1329 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
90 d late
2023
57 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CEVO-TECH was incorporated on 24 November 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€42,653
EBIT margin
2.9%
Net result
-€126
2023 · €845
Working capital
-€4,096▼ 1,345%
2023 · -€283
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€42,653-
Operating result€1,257-€17▼ 98.6%
Net result€845--€126
EBIT margin2.9%-
Equity€1,845-€1,719▼ 6.8%
Total assets€4,929-€37,090▲ 652%
Debt€3,085-€35,371▲ 1,047%
Working capital-€283--€4,096▼ 1,345%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500€0€500€1,000€1,500Operating result 2023: €1,257€1,257Net result 2023: €845€845Operating result 2024: €17€17Net result 2024: -€126-€12620232024-€500€0€500€1,000€1,500Operating result 2023: €1,257€1,260Net result 2023: €845€845Operating result 2024: €17€17Net result 2024: -€126-€12620232024
The operating result falls in 2024; 2024 is 99% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37,090
Fixed assets €5,814 ▲ 173%
Current assets €31,275 ▲ 1,016%
Equity and liabilities €37,090
Equity €1,719 ▼ 6.8%
Debt €35,371 ▲ 1,047%
Debt's share of the balance-sheet total rises from 62.6% to 95.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,484▼
2023 · €2,214
Cash flow
€1,341▼
2023 · €1,803
Current ratio
0.88
Debt to equity
20.58
ROE
-7.3%
ROA
-0.3%
Interest coverage
10.05
Debt ≤ 1 year
€35,371▲
2023 · €3,085
Staff costs
€1,667▲
2023 · €1,339
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,304 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.6% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€4,929€37,090▲
Fixed assets21/28€2,128€5,814▲
Intangible fixed assets21€1,189€594▼
Tangible fixed assets22/27€939€5,221▲
Furniture and vehicles24€939€5,221▲
Current assets29/58€2,801€31,275▲
Amounts receivable within one year40/41€2,198€30,914▲
Trade receivables40€1,427€27,876▲
Other amounts receivable41€771€3,039▲
Cash at bank and in hand54/58€603€361▼
Equity and liabilities
Total equity and liabilities10/49€4,929€37,090▲
Equity10/15€1,845€1,719▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€845€719▼
Amounts payable17/49€3,085€35,371▲
Amounts payable within one year42/48€3,085€35,371▲
Trade debts44€2,010€29,641▲
Suppliers440/4€2,010€29,641▲
Taxes, remuneration and social security45€412€412=
Taxes450/3€412€412=
Other amounts payable47/48€663€5,318▲
Income statement Code20232024
Turnover70€42,653-
Goods, raw materials, services and sundry goods60/61€38,399-
Remuneration, social security and pensions62€1,339€1,667▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€958€1,467▲
Other operating charges640/8€701€733▲
Gross operating margin9900€4,254€3,884▼
Operating profit (loss)9901€1,257€17▼
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B-€148
Recurring financial charges65-€148
Profit (loss) for the period before taxes9903€1,257-€126▼
Income taxes67/77€412-
Profit (loss) for the period9904€845-€126▼
Profit (loss) for the period to be appropriated9905€845-€126▼
Appropriation of the result
Profit (loss) to be appropriated9906€845€719▼
Profit (loss) brought forward from the previous period14P-€845

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€42,653--
Goods, raw materials, services and sundry goods60/61€38,399--
Remuneration, social security and pensions62€1,339€1,667▲ 24.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€958€1,467▲ 53.1%
Other operating charges640/8€701€733▲ 4.6%
Gross operating margin9900€4,254€3,884▼ 8.7%
Operating profit (loss)9901€1,257€17▼ 98.6%
Financial income75/76B-€4-
Recurring financial income75-€4-
Financial charges65/66B-€148-
Recurring financial charges65-€148-
Profit (loss) for the period before taxes9903€1,257-€126▼ 110%
Income taxes67/77€412--
Profit (loss) for the period9904€845-€126▼ 115%
Profit (loss) for the period to be appropriated9905€845-€126▼ 115%
Line20232024Change
Assets
Total assets20/58€4,929€37,090▲ 652%
Fixed assets21/28€2,128€5,814▲ 173%
Intangible fixed assets21€1,189€594▼ 50.1%
Tangible fixed assets22/27€939€5,221▲ 456%
Furniture and vehicles24€939€5,221▲ 456%
Current assets29/58€2,801€31,275▲ 1,016%
Amounts receivable within one year40/41€2,198€30,914▲ 1,306%
Trade receivables40€1,427€27,876▲ 1,854%
Other amounts receivable41€771€3,039▲ 294%
Cash at bank and in hand54/58€603€361▼ 40.1%
Equity and liabilities
Total equity and liabilities10/49€4,929€37,090▲ 652%
Equity10/15€1,845€1,719▼ 6.8%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€845€719▼ 14.9%
Amounts payable17/49€3,085€35,371▲ 1,047%
Amounts payable within one year42/48€3,085€35,371▲ 1,047%
Trade debts44€2,010€29,641▲ 1,375%
Suppliers440/4€2,010€29,641▲ 1,375%
Taxes, remuneration and social security45€412€412=
Taxes450/3€412€412=
Other amounts payable47/48€663€5,318▲ 702%
Line20232024Change
Profit (loss) for the period9904€845-€126▼ 115%
+ Depreciation and write-downs630€958€1,467▲ 53.1%
Operating cash flow (approximation)€1,803€1,341▼ 25.6%
Investment in fixed assets (approximation)--€5,153-
Change in cash--€242-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Zele · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
264 m²
Building footprint
69 m²
Volume, LiDAR
493 m³
Parcel 42402C0004/00G003, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CEVO-TECH
Burgemeester Van Ackerwijk J 233, 9240 ZeleCivil engineering
since 20222.338.650.501
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402C0004/00G003 Flanders 264 m² 1 · 69 m² 11.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 1,824 companies in sector 42220 we hold annual accounts for 957. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793922036
Also 9925:BE0793922036
Registered 27-04-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.