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Cenico

Active
Torfheidedreef 11 ·2970 Schilde, Belgium
KBO/BCE: BE 0756.508.047
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Connections1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Cenico is 0.4% (very low). The 2025 annual accounts show equity of €209k and a net result of €-12k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 4723 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-12k
Working capital€169k-19.9%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 04-05-2026 with the NBB · fiscal year 2025 · micro
€-50k€0€50k€100kOperating result 2022: €103k€103kNet result 2022: €73k€73kOperating result 2023: €112k€112kNet result 2023: €81k€81kOperating result 2024: €93k€93kNet result 2024: €68k€68kOperating result 2025: €1k€1kNet result 2025: €-12k€-12k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~30.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k2026: €310k (€278k - €341k)2027: €365k (€314k - €416k)2028: €421k (€351k - €491k)2022: €74k2023: €154k2024: €221k2025: €209k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 23.5% 55.5%
better than 28% of 4723 sector peers
Net result €-12k €38k
better than 6% of 4722 sector peers
Equity €209k €64k
better than 83% of 4723 sector peers
Gross operating margin €125k €61k
better than 80% of 4715 sector peers
Total assets €887k €146k
better than 94% of 4723 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P28
2022: P43 · n=68462023: P74 · n=100762024: P82 · n=124642025: P28 · n=47232022 2025
Stable position over 2022-2025 · n=4723-12464
Net result P6
2022: P82 · n=68452023: P84 · n=100702024: P76 · n=124662025: P6 · n=47222022 2025
Weakening position over 2022-2025 · n=4722-12466
Equity P83
2022: P67 · n=68542023: P82 · n=100832024: P86 · n=124722025: P83 · n=47232022 2025
Improving position over 2022-2025 · n=4723-12472
Gross operating margin P80
2022: P86 · n=68332023: P84 · n=100562024: P76 · n=124522025: P80 · n=47152022 2025
Stable position over 2022-2025 · n=4715-12452
Describes the position versus peers, not a forecast.
EBITDA
€25k
-73.4% +28% vs sector
Net profit
€-12k
- far below sector median
Cash flow
€12k
-83.0% +37% vs sector
Total assets
€887k
+226.3% far above sector median
Equity
€209k
-5.6% +70% vs sector
Working capital
€169k
-19.9% +165% vs sector
Income taxes
€2k
-93.2% -36% vs sector
Dividends
€833
+4.1% -96% vs sector
Debt
€679k
+1234.1% far above sector median
Debt ≤ 1y
€47k
-7.3% +184% vs sector
Debt > 1y
€631k
+3681.9% 22-25
Current ratio
4.59
-11.0% -30% vs sector
Quick ratio
4.59
-11.0% -30% vs sector
Solvency
23.5%
-71.1% -73% vs sector
Debt / equity
3.25
+1313.8% far above sector median
ROE
-6.0%
- far below sector median
ROA
-1.4%
- far below sector median
Interest coverage
1.36
-98.5% -98% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€25k
Net profit€-12k
Cash flow€12k
Staff costs-
Income taxes€2k
Dividends-
Total assets€887k
Equity€209k
Debt€679k
of which ≤ 1y€47k
of which > 1y€631k
Working capital€169k
Employees (FTE)-
Ratios (computed)
2025
Current ratio4.59
Quick ratio4.59
Working capital ratio19.1%
Solvency23.5%
Debt / equity3.25
Long-term debt ratio3.03
Interest coverage1.36
Gross margin-
Net margin-
ROA-1.4%
ROE-6.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€887k
Fixed assets 21/28€671k
Tangible fixed assets 22/27€671k
Current assets 29/58€216k
Amounts receivable within one year 40/41€57k
Investments 50/53€100k
Cash & bank 54/58€42k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€887k
Equity 10/15€209k
Contributions / capital 10/11€2k
Reserves 13€215k
Accumulated profits (losses) 14€-8k
Amounts payable 17/49€679k
Amounts payable after one year 17€631k
Amounts payable within one year 42/48€47k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€125k
Operating result 9901€1k
Financial income 75€7k
Financial charges 65€19k
Result before taxes 9903€-11k
Income taxes 67/77€2k
Net result for the period 9904€-12k
Result to be appropriated 9905€-12k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
32 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Connections & network

1 connected company
Group structure
HeadIT
Subsidiary · 1 location
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
3 companies at this address See who is registered here

Establishment units

1 location
Cenico
Torfheidedreef 11, 2970 SchildeOverige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
since 20202.308.555.359
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,012 m²
Buildings1
Building footprint259 m²
Volume (LiDAR)1,683 m³
Tallest building10.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11039A0061/00V002 Flanders 2,012 m² 1 · 259 m² 10.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Address history · 1
10-03-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
10-03-2025 Registered office moved within Schildе Registered-office change
  • Brasschaatsebaan 124 - 2970 Schilde → Torfheidedreef 11, 2970 Schilde

Analysis

Snowflake analysis

financial profile on 5 axes
Health32Profitability0Solvency56Growth52Stability94
47 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 32
Profitability 0
Solvency 56
Growth 52
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL Cenico
Registered office
Torfheidedreef 11
2970 Schilde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.