Summary
Conclusion
the dossier summarised in one paragraphCERACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €58k and a net result of €-181. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1214 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 30-01-2026 | 1 d early | 2026-00023489 |
| 30-06-2024 | 31-01-2025 | 30-01-2025 | 1 d early | 2025-00017585 |
| 30-06-2023 | 31-01-2024 | 03-01-2024 | 28 d early | 2024-00543274 |
| 30-06-2022 | 31-01-2023 | 31-01-2023 | on the day | 2023-00017259 |
| 30-06-2021 | 31-01-2022 | 27-01-2022 | 4 d early | 2022-02500489 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Annual accounts & ratios
Source: NBB · 2025How 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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 100.0% | 47.1% | |
| Net result | €-181 | €43k | |
| Equity | €58k | €85k | |
| Gross operating margin | €-1k | €70k | |
| Total assets | €58k | €211k |
Show 1 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-181 |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €58k |
| Equity | €58k |
| Debt | - |
| of which ≤ 1y | - |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 100.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -0.3% |
| ROE | -0.3% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (15 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €58k |
| Current assets | 29/58 | €58k |
| Amounts receivable within one year | 40/41 | €36k |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €58k |
| Equity | 10/15 | €58k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €56k |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €42 |
| Result before taxes | 9903 | €-181 |
| Net result for the period | 9904 | €-181 |
| Result to be appropriated | 9905 | €-181 |
Health barometer
FY 2025 · computedStructure & network
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ieperse Heerweg 538820 TorhoutEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523G0746/00D000 | Flanders | 1.0 ha | 1 · 263 m² | 9.2 m · 2 fl. |
| 31523G0730/00G000 | Flanders | 1,581 m² | 1 · 152 m² | 5.7 m · 1 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 acts11-01-2024 Registered office moved from Lichtervelde to Torhout
- Driekoningen 3, 8810 Lichtervelde → leperse Heerweg 53B, 8820 Torhout
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | CERACO |