Summary
GROUP DE CEUSTER has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €49.79M and a net result of €3.22M. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 66% of 3187 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
13 d early
2023
34 d early
2022
11 d early
2021
13 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, full schema, statutory accounts
Turnover
€5.00M▲ 10.2%
2024 · €4.53M
2018: €2.70M
2019: €2.98M
2020: €3.16M
2021: €3.10M
2022: €3.89M
2023: €4.53M
2024: €4.53M
2018 → 2025
EBIT margin
3.1%▼ 0.3pp
2024 · 3.4%
2018: 1.1%
2019: 0.1%
2020: 28.5%
2021: 2.1%
2022: 0.4%
2023: 0.7%
2024: 3.4%
2018 → 2025
Net result
€3.22M▲ 21.8%
2024 · €2.64M
2018: €76k
2019: €86k
2020: €871k
2021: €159k
2022: €1.97M
2023: €2.14M
2024: €2.64M
2018 → 2025
Working capital
€-874k▲ 91.2%
2024 · €-9.92M
2018: €11.59M
2019: €9.62M
2020: €8.37M
2021: €2.69M
2022: €3.48M
2023: €-11.42M
2024: €-9.92M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.10M-€3.89M▲ 25.4%€4.53M▲ 16.3%€4.53M▲ 0.2%€5.00M▲ 10.2%
Equity€48.82M-€48.79M▼ 0.1%€48.93M▲ 0.3%€49.58M▲ 1.3%€49.79M▲ 0.4%
Operating result€65k-€15k▼ 77.0%€32k▲ 113%€155k▲ 386%€154k▼ 0.5%
Net result€159k-€1.97M▲ 1,137%€2.14M▲ 8.6%€2.64M▲ 23.4%€3.22M▲ 21.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69.73M
Fixed assets
€66.09M ▲ 1.3%
Current assets
€3.64M ▼ 18.2%
Equity and liabilities €69.73M
Equity
€49.79M ▲ 0.4%
Debt
€19.94M ▼ 0.8%
Debt's share of the balance-sheet total falls from 28.8% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.5%▲
2024 · 5.3%
ROA
4.6%▲
2024 · 3.8%
Debt ≤ 1 year
€4.52M▼
2024 · €14.37M
Debt > 1 year
€15.35M▲
2024 · €5.64M
Income taxes
€4k▼
2024 · €6k
Staff costs
€2.23M▲
2024 · €2.07M
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 · 78 lines
Balance sheet
Code20242025
Assets
Total assets20/58€69.67M€69.73M▲
Fixed assets21/28€65.21M€66.09M▲
Intangible fixed assets21€615k€594k▼
Tangible fixed assets22/27€182k€84k▼
Furniture and vehicles24€171k€76k▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28€64.41M€65.41M▲
Affiliated companies280/1€62.71M€63.23M▲
Participating interests280€43.11M€43.11M=
Amounts receivable281€19.60M€20.12M▲
Other financial fixed assets284/8€1.70M€2.18M▲
Shares284€1.70M€2.18M▲
Current assets29/58€4.46M€3.64M▼
Amounts receivable within one year40/41€2.93M€2.41M▼
Trade receivables40€279k€1.04M▲
Other amounts receivable41€2.65M€1.37M▼
Current investments50/53€1k€210▼
Other investments51/53€1k€210▼
Cash at bank and in hand54/58€144k€85k▼
Deferred charges and accrued income490/1€1.39M€1.15M▼
Equity and liabilities
Total equity and liabilities10/49€69.67M€69.73M▲
Equity10/15€49.58M€49.79M▲
Contributions10/11€648k€648k=
Capital10€648k€648k=
Issued capital100€648k€648k=
Reserves13€48.93M€49.15M▲
Non-distributable reserves130/1€155k€155k=
Legal reserve130€155k€155k=
Distributable reserves133€48.77M€48.99M▲
Amounts payable17/49€20.09M€19.94M▼
Amounts payable after more than one year17€5.64M€15.35M▲
Financial debts170/4€5.64M€15.35M▲
Subordinated loans170€4.44M€4.39M▼
Credit institutions173€549k€10.29M▲
Other loans174€650k€673k▲
Amounts payable within one year42/48€14.37M€4.52M▼
Current portion of amounts payable after more than one year42€727k€2.26M▲
Financial debts43€12.60M€825k▼
Credit institutions430/8€12.60M€550k▼
Other loans439-€275k
Trade debts44€356k€607k▲
Suppliers440/4€356k€607k▲
Taxes, remuneration and social security45€539k€632k▲
Taxes450/3€103k€223k▲
Remuneration and social security454/9€436k€408k▼
Other amounts payable47/48€154k€191k▲
Accrued charges and deferred income492/3€79k€74k▼
Income statement
Code20242025
Operating income70/76A€4.79M€6.02M▲
Turnover70€4.53M€5.00M▲
Other operating income74€259k€1.02M▲
Operating charges60/66A€4.64M€5.87M▲
Services and other goods61€2.29M€3.33M▲
Remuneration, social security and pensions62€2.07M€2.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€271k€299k▲
Other operating charges640/8€2k€2k▲
Operating profit (loss)9901€155k€154k▼
Financial income75/76B€3.52M€3.90M▲
Recurring financial income75€3.52M€3.90M▲
Income from financial fixed assets750€2.49M€2.99M▲
Income from current assets751€1.03M€915k▼
Financial charges65/66B€1.03M€838k▼
Recurring financial charges65€1.03M€838k▼
Debt charges650€988k€782k▼
Other financial charges652/9€42k€56k▲
Profit (loss) for the period before taxes9903€2.65M€3.22M▲
Income taxes67/77€6k€4k▼
Taxes670/3€6k€5k▼
Tax adjustments and reversals of tax provisions77-€1k
Profit (loss) for the period9904€2.64M€3.22M▲
Profit (loss) for the period to be appropriated9905€2.64M€3.22M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.64M€3.22M▲
Transfer from equity791/2€2.00M€3.00M▲
From reserves792€2.00M€3.00M▲
Transfer to equity691/2€2.64M€3.22M▲
To other reserves6921€2.64M€3.22M▲
Profit to be distributed694/7€2.00M€3.00M▲
Return on contributions (dividend)694€2.00M€3.00M▲
Social balance
Average headcount (FTE)908717.417.6▲
The notes to these accounts (69 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
21-08
State Gazette act
Reappointment: BDO bedrijfsrevisoren Burg CVBA (statutory auditor)Permanent representative: Bert Kegels3 facts ▸
State Gazette act
Reappointment: BDO bedrijfsrevisoren Burg CVBA (statutory auditor)
Permanent representative: Bert Kegels3 facts ▸
- General meeting, 29-06-2026
- Auditor reappointment, BDO bedrijfsrevisoren Burg CVBA (statutory auditor)
- Permanent representative, Bert Kegels
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2025
31-12
Financial
Highest result since 2018net €3.22M ▲21.8%
Net result €3.22M, the highest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 5.61
Current ratio from 1.77 to 5.61; short-term debt falls from €12.50M to €1.81M.
31-12
Financial
Equity above €50MEq €50.66M ▲1.8%
3 profitable years in a row build equity to €50.66M.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Grobbendonk · 1 establishment unit since 1993
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.
Bannerlaan 752280 GrobbendonkGround area
8,869 m²
Building footprint
1,002 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
Group De Ceuster
since 19932.062.620.965
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010E0135/00A000 | Flanders | 5,230 m² | 1 · 1,002 m² | - |
| 13010E0134/00V000 | Flanders | 3,639 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BDO Bedrijfsrevisoren Burg.CVBACurrent Statutory auditor · represented by Bert Kegels | 29-06-2026 → present |
Structure & network
Ownership & control
4 subsidiaries, 1 abroadGROUP DE CEUSTERBE 0450.326.854
controls
Where this company holds controlsubsidiary per the LEI register4
Antwerpen
Antwerpen
Geraardsbergen
Tellus Growing Media France
L'isle-D'abeau, France · indirect
Recognitions · licences · registrations
Legal Entity Identifier
5493006V9MQGJY82SN35
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 1,982 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 formPublic limited company
Founded09-06-1993
Fiscal year end31-12
Abbreviation NL
GROUP DC
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.