Financials
- Fiscal year
- 2025
- Total assets
- €5.5m
- Loss
- -€289,661
- Solvency
- 22.6%
Turnover▲ 23.4%
Net result
20182023
DE CEUSTER
ActiveSummary
DE CEUSTER has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€289,661. Equity is shrinking by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 550 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Mixed farming
NACE 01500NACE 01300Site preparation NACE 43120
#1 oldest company in Sint-Katelijne-Waver, Agriculture, forestry and fishing sector2 sites
Size
€5.5mtotal assets 2025
- Staff
- 42.5 FTE
- Equity
- €1.2m
- Loss
- -€289,661
Structure
Accounts 23 d early0 of 19 deeds read
Why 67- Liquidity: current ratio 1.54, cash €147,898, halved- Equity €1.2m (22.6% of total assets)- Loss of €289,661, the second in a row (FY 2025)+ Sector Crop and animal production, hunting and related service activities (NACE 01)Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 20% of its sector peers (NACE 01, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
48=
equity 22.6% of total assets
Liquidity
41=
short-term debt 29.1% · cash 2.7%
Profitability
37-4
return on assets -5.3%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● 0.0% vs 11-2024
01-2025: 0.7%● 0.0% vs 12-2024
02-2025: 0.6%▼ -3.4% vs 01-2025
03-2025: 0.7%▲ +2.2% vs 02-2025
04-2025: 0.7%▲ +1.8% vs 03-2025
05-2025: 0.7%▲ +4.2% vs 04-2025
06-2025: 0.7%▼ -3.6% vs 05-2025
07-2025: 0.7%▲ +6.5% vs 06-2025highest value
08-2025: 0.4%▼ -45.6% vs 07-2025lowest value
09-2025: 0.4%● 0.0% vs 08-2025lowest value
10-2025: 0.4%● 0.0% vs 09-2025lowest value
11-2025: 0.4%● 0.0% vs 10-2025lowest value
12-2025: 0.4%● 0.0% vs 11-2025lowest value
01-2026: 0.4%● 0.0% vs 12-2025lowest value
02-2026: 0.4%● 0.0% vs 01-2026lowest value
03-2026: 0.4%● 0.0% vs 02-2026lowest value
04-2026: 0.4%▲ +8.4% vs 03-2026
05-2026: 0.4%▲ +2.1% vs 04-2026
06-2026: 0.5%▲ +7.4% vs 05-2026
07-2026: 0.4%▼ -3.9% vs 06-2026
08-2026: 0.7%▲ +49.7% vs 07-2026
09-2026: 0.7%● 0.0% vs 08-2026
10-2026: 0.7%● 0.0% vs 09-2026
- Liquidity: current ratio 1.54, cash €147,898, halved raises the probability
- Equity €1.2m (22.6% of total assets) raises the probability
- Loss of €289,661, the second in a row (FY 2025) raises the probability
- Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.54 in 2024; short-term debt: 29.1% and cash: 2.7% of total assets), but 77.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, small). Better than this share of them on solvency 27%, liquidity 33%, profitability 13%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€289,661
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 550 sector peers (2025).
NBB · sector comparisonPosition among 550 sector peers
Solvency
better than 25%
← 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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
20 d early
2023
30 d late
2022
39 d early
2021
30 d early
2020
12 d late
2019
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
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. Usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 08-07-2026Annual accounts filed
- 11-07-2025Annual accounts filed
- 30-08-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Mixed farmingNACE 01500
- Founded
- 27-04-1973
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.