CETTE
ActiveSummary
The computed 12-month bankruptcy probability of CETTE is 6.3% (elevated). The 2025 annual accounts show equity of €92k and a net result of €39k. Equity is growing by ~61.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 13305 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency94▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.98 against 2.43 in 2024; short-term debt: 30.6% and cash: 83.1% of total assets), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
29.1%
Age of the figures
9 mo
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 13-04-2026, 109 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
109 d early
2024
31 d early
2023
38 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, micro schema
Equity
€92k▲ 56.6%
2024 · €59k
2023: €20k
2024: €59k
2023 → 2025
Total assets
€133k▲ 47.0%
2024 · €91k
2023: €61k
2024: €91k
2023 → 2025
Net result
€39k▲ 70.2%
2024 · €23k
2023: €15k
2024: €23k
2023 → 2025
Working capital
€81k▲ 77.5%
2024 · €46k
2023: €11k
2024: €46k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€59k▲ 200%€92k▲ 56.6%
Operating result€19k-€30k▲ 57.6%€52k▲ 72.3%
Net result€15k-€23k▲ 56.2%€39k▲ 70.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€12k ▼ 12.6%
Current assets
€122k ▲ 57.3%
Equity and liabilities €133k
Equity
€92k ▲ 56.6%
Debt
€41k ▲ 29.1%
Debt's share of the balance-sheet total falls from 35.0% to 30.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2024 · €32k
Cash flow
€41k▲
2024 · €24k
Current ratio
2.98▲
2024 · 2.43
Quick ratio
2.81▲
2024 · 2.26
Debt to equity
0.44▼
2024 · 0.54
ROE
42.1%▲
2024 · 38.7%
ROA
29.1%▲
2024 · 25.2%
Interest coverage
16.42▼
2024 · 19.93
Debt ≤ 1 year
€41k▲
2024 · €32k
Income taxes
€10k▲
2024 · €6k
Staff costs
€86k▲
2024 · €60k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€91k€133k▲
Fixed assets21/28€13k€12k▼
Tangible fixed assets22/27€8k€7k▼
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€5k€5k=
Current assets29/58€77k€122k▲
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41-€4k
Trade receivables40-€4k
Cash at bank and in hand54/58€72k€111k▲
Equity and liabilities
Total equity and liabilities10/49€91k€133k▲
Equity10/15€59k€92k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Reserves13€37k€75k▲
Distributable reserves133€37k€75k▲
Profit (loss) carried forward14€483€1k▲
Investment grants15€17k€11k▼
Amounts payable17/49€32k€41k▲
Amounts payable within one year42/48€32k€41k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€14k€14k▼
Remuneration and social security454/9€4k€9k▲
Other amounts payable47/48€11k€14k▲
Accrued charges and deferred income492/3-€190
Income statement
Code20242025
Remuneration, social security and pensions62€60k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€190€1k▲
Gross operating margin9900€92k€141k▲
Operating profit (loss)9901€30k€52k▲
Financial income75/76B€55€2▼
Recurring financial income75€55€2▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€29k€49k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€23k€39k▲
Profit (loss) for the period to be appropriated9905€23k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€39k▲
Profit (loss) brought forward from the previous period14P€129€483▲
Transfer to equity691/2€23k€38k▲
To other reserves6921€23k€38k▲
The notes to these accounts (6 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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €39k ▲70.2%
Operating result €52k, net result €39k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2023
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.
Zuidlaan 901000 BrusselGround area
97 m²
Building footprint
95 m²
Volume, LiDAR
1,008 m³
Parcel 21809K0387/00R012, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CETTE
since 20232.342.835.555
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0387/00R012 | Brussels | 97 m² | 1 · 95 m² | 14.8 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.342.835.555
Similar companies · same sector, comparable size
CATERING SOLUTIONS
BE 0883.283.681
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S.L.C.M.J.
BE 1001.664.758
Walcourt · Eq €92,334
Kimini
BE 0780.900.577
Bilzen-Hoeselt · Eq €92,325
FRITSTOP
BE 0831.269.907
Gent · Eq €92,427
SARDAP
BE 0899.163.373
Brussel · Eq €92,305
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,922 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 formPrivate limited company
Founded14-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.