DE CEUSTER NXT
ActiveDE CEUSTER NXT has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €-274k. Equity is shrinking by ~13.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 13% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency21=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 1.2 in 2024), and 96.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021232425
2018 to 2025 · latest year -€274k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7930 sector peers (2025).
NBB · sector comparisonPosition among 7930 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
25 d early
2023
22 d early
2021
31 d early
2020
27 d early
2019
20 d late
2018
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€157k▼ 63.6%
2024 · €430k
2018: €1.19M
2019: €693k
2020: €919k
2021: €929k
2023: €892k
2024: €430k
2018 → 2025
Total assets
€5.02M▼ 1.6%
2024 · €5.10M
2018: €1.93M
2019: €2.65M
2020: €3.41M
2021: €3.14M
2023: €5.40M
2024: €5.10M
2018 → 2025
Net result
€-274k▲ 40.7%
2024 · €-461k
2018: €435k
2019: €156k
2020: €226k
2021: €10k
2023: €-38k
2024: €-461k
2018 → 2025
Working capital
€729k▲ 88.5%
2024 · €387k
2018: €1.22M
2019: €444k
2020: €634k
2021: €549k
2023: €769k
2024: €387k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€919k-€929k▲ 1.1%€892k▼ 4.0%€430k▼ 51.7%€157k▼ 63.6%
Operating result€270k-€22k▼ 91.8%€102k▲ 361%€-225k€-53k▲ 76.5%
Net result€226k-€10k▼ 95.5%€-38k€-461k▼ 1,129%€-274k▲ 40.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €53k in 2025 against €225k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.02M
Fixed assets
€2.34M▼ 16.9%
Current assets
€2.67M▲ 17.2%
Equity and liabilities €5.02M
Equity
€157k▼ 63.6%
Debt
€4.86M▲ 4.1%
The debt ratio rises from 91.6% to 96.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€591k▲
2024 · €373k
Cash flow
€371k▲
2024 · €136k
Solvency
3.1%▼
2024 · 8.4%
Current ratio
1.37▲
2024 · 1.20
Quick ratio
0.77▼
2024 · 0.80
Debt / equity
31.06▲
2024 · 10.86
ROE
-174.9%▼
2024 · -107.2%
ROA
-5.5%▲
2024 · -9.0%
Interest coverage
2.68▲
2024 · 1.52
Debt
€4.86M▲
2024 · €4.67M
Debt ≤ 1 year
€1.95M▲
2024 · €1.90M
Debt > 1 year
€2.92M▲
2024 · €2.78M
Income taxes
€3k▲
2024 · €2k
Staff costs
€1.22M▼
2024 · €1.25M
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€5.10M€5.02M▼
Fixed assets21/28€2.82M€2.34M▼
Intangible fixed assets21€293k€234k▼
Tangible fixed assets22/27€2.52M€2.11M▼
Land and buildings22€98k€31k▼
Plant, machinery and equipment23€61k€41k▼
Furniture and vehicles24€198k€145k▼
Leasing and similar rights25€1.41M€1.09M▼
Other tangible fixed assets26€755k€799k▲
Financial fixed assets28€3k€3k=
Current assets29/58€2.28M€2.67M▲
Amounts receivable after more than one year29-€35k
Other amounts receivable291-€35k
Stocks and contracts in progress3€758k€1.18M▲
Stocks30/36€758k€1.18M▲
Amounts receivable within one year40/41€1.26M€1.17M▼
Trade receivables40€1.26M€1.17M▼
Other amounts receivable41€445€2k▲
Cash at bank and in hand54/58€253k€257k▲
Deferred charges and accrued income490/1€11k€34k▲
Equity and liabilities
Total equity and liabilities10/49€5.10M€5.02M▼
Equity10/15€430k€157k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€867k€867k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€36k€36k=
Distributable reserves133€826k€826k=
Profit (loss) carried forward14€-499k€-773k▼
Amounts payable17/49€4.67M€4.86M▲
Amounts payable after more than one year17€2.78M€2.92M▲
Financial debts170/4€1.30M€925k▼
Other amounts payable178/9€1.47M€1.99M▲
Amounts payable within one year42/48€1.90M€1.95M▲
Current portion of amounts payable after more than one year42€366k€378k▲
Financial debts43€405k€405k=
Credit institutions430/8€405k€405k=
Trade debts44€828k€923k▲
Suppliers440/4€828k€923k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€297k€237k▼
Taxes450/3€151k€92k▼
Remuneration and social security454/9€145k€145k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€84k€4k▼
Remuneration, social security and pensions62€1.25M€1.22M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€598k€644k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€139k€68k▼
Gross operating margin9900€1.76M€1.89M▲
Operating profit (loss)9901€-225k€-53k▲
Financial income75/76B€12k€2k▼
Recurring financial income75€12k€2k▼
Financial charges65/66B€246k€220k▼
Recurring financial charges65€246k€220k▼
Profit (loss) for the period before taxes9903€-459k€-271k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€-461k€-274k▲
Profit (loss) for the period to be appropriated9905€-461k€-274k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-499k€-773k▼
Profit (loss) brought forward from the previous period14P€-38k€-499k▼
Social balance
Average headcount (FTE)908716.615.8▼
The notes to these accounts (23 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
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-461k
Net result drops to €-461k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Geel · 1 establishment unit since 1986
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.
Van-Doornelaan 22440 GeelGround area
2,680 m²
Building footprint
1,323 m²
Parcel 13375M1277/00L003, Flanders. Linked by address, not a title deed.
1 establishment unit
Van-Doornelaan 2, 2440 Geel
since 19862.102.541.613
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375M1277/00L003 | Flanders | 2,680 m² | 1 · 1,323 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 35,575 EUR awarded · 38,756 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 6,143 EUR |
| 2024 | 1 | 7,418 EUR | 11,419 EUR |
| 2023 | 3 | 14,163 EUR | 14,813 EUR |
| 2022 | 2 | 6,494 EUR | 6,381 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Subsidies ecologisch en veilig transport (stopgezet)
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ASHWELL CONTROLS
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GHP SALES MACHINERY
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Of 1,070 companies in sector 46140 we hold annual accounts for 640. 501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-11-1985
Fiscal year end30-06
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
46630Wholesale trade
51820
28220Manufacture of machinery and equipment not elsewhere classified
49410Freight transport by road
71320
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:011542413