CENJOR-INVEST
ActiveSummary
CENJOR-INVEST has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €19k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+14
Solvency26▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 15%
← 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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
23 d early
2023
33 d early
2022
22 d late
2021
13 d early
2020
72 d late
2019
104 d late
← 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
Turnover
€42k
EBIT margin
-12.7%
Net result
€19k▲ 23.7%
2024 · €15k
2019: €-43k
2020: €5k
2021: €16k
2022: €-10k
2023: €22k
2024: €15k
2019 → 2025
Working capital
€-15k▲ 57.5%
2024 · €-34k
2019: €-105k
2020: €-90k
2021: €-65k
2022: €-74k
2023: €-51k
2024: €-34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€42k
Equity€-45k-€-55k▼ 22.8%€-33k▲ 40.0%€-18k▲ 46.2%€1k
Operating result€19k-€-5k€31k€22k▼ 31.2%€24k▲ 13.2%
Net result€16k-€-10k€22k€15k▼ 30.6%€19k▲ 23.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€16k ▼ 6.2%
Current assets
€66k ▼ 2.3%
Equity and liabilities €82k
Equity
€1k
Debt
€81k
Debt finances 98.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€25k▲
2024 · €23k
Cash flow
€20k▲
2024 · €16k
Current ratio
0.82▲
2024 · 0.66
Debt to equity
71.90▲
2024 · -5.78
ROA
23.0%▲
2024 · 18.0%
Interest coverage
4.53▲
2024 · 3.55
Debt ≤ 1 year
€81k▼
2024 · €102k
A ratio outside any meaningful range has been withheld (balance sheet total €82k, equity €1k).
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€84k€82k▼
Fixed assets21/28€17k€16k▼
Tangible fixed assets22/27€17k€16k▼
Land and buildings22€17k€16k▼
Current assets29/58€68k€66k▼
Amounts receivable within one year40/41€40k€23k▼
Trade receivables40€11k€3k▼
Other amounts receivable41€28k€20k▼
Cash at bank and in hand54/58€28k€43k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€84k€82k▼
Equity10/15€-18k€1k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€124k€124k=
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€110k€110k=
Profit (loss) carried forward14€-203k€-184k▲
Amounts payable17/49€102k€81k▼
Amounts payable within one year42/48€102k€81k▼
Trade debts44€9k€4k▼
Suppliers440/4€9k€4k▼
Other amounts payable47/48€93k€77k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€4k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€28k€33k▲
Operating profit (loss)9901€22k€24k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€15k€19k▲
Profit (loss) for the period9904€15k€19k▲
Profit (loss) for the period to be appropriated9905€15k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-203k€-184k▲
Profit (loss) brought forward from the previous period14P€-218k€-203k▲
The notes to these accounts (3 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
22-09
State Gazette act
Appointment: CENEL (director)Reappointment: ADRIAENSSENS MANAGEMENT EN BEHEER HOLDING (director) · Permanent representative: Alex Geurts · Resignation: CENIM (director)6 facts ▸
State Gazette act
Appointment: CENEL (director)
Reappointment: ADRIAENSSENS MANAGEMENT EN BEHEER HOLDING (director) · Permanent representative: Alex Geurts · Resignation: CENIM (director)6 facts ▸
- General meeting, 23-07-2026
- Director appointment, CENEL (director)
- Director reappointment, ADRIAENSSENS MANAGEMENT EN BEHEER HOLDING (director)
- Permanent representative, Alex Geurts (permanent representative)
- Director resignation, CENIM (director)
- Permanent representative, Alex Geurts (permanent representative)
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 552 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 917 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2025
CENEL
CurrentDirector · since 18-12-2025 · Private limited company · perm. rep.: Alex Geurts
ADRIAENSSENS MANAGEMENT EN BEHEER HOLDING
CurrentDirector · Public limited company
18-12-2025
CENEL: Appointed as Director
17-12-2025
CENIM: Resigned as Director
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 1988
Ground area
743 m²
Building footprint
144 m²
Volume, LiDAR
302 m³
Parcel 11017C0373/00C000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Cenjor-invest
since 19882.016.027.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0373/00C000 | Flanders | 742 m² | 1 · 144 m² | 10.2 m · 1 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.
Structure & network
Connections & network
3 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,382. 883 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
Founded14-10-1977
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.